Is someone worried about the recent decline of BTC?

[Zoe Saldana]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

I think you should use percentage instead of $ for a better perspective.

Also, if whales are accumulating then they think it will go up.

[1714838116]

1714838116

[Gamerholic]

I do not care. If bitcoin drops quickly and low, I will buy, if they suddenly break through their ceiling of 63.5 thousand dollars, I will sell at about 70 thousand dollars. The rest of the hypotheses and theories do not bother me much. It's pretty simple for the person who bought it for less than $ 20,000. Where to fix or where to get a little more to fix later. I do not believe in growth to one hundred thousand dollars this year, contrary to some analysts. They just bought expensive!

[mbe48]

I am not an expert in prediction or technical analysis of trading, but I know the future price of BTC could be more than this. I only speculate that by looking at the events of the previous years, the fundamentals and development of this digital asset will advance along with legality in various countries. In my opinion, the Blockchain system has sophisticated and modern features.

[0t3p0t]

So is this the beginning of of alt season? I doubt it will drop below $40k. I think those 120k Bitcoins are moving towards altcoins as whales maybe accumulating billions of meme coins. 😅✌️

[skarais]

We probably both know that the price of bitcoin will not always be in a bullish period nor will it be bearish forever, so this cycle continues to change according to the existing trend. Worrying about falling price might make sense if you are a trader who only want to make profit in the short term. But maybe they won't worry about it as long-term holder because correction are something that is always there in crypto asset trading. Price correction are normal, but you should also stop if you can't afford the losses.

[Gotumoot]

No need to be worried about it if you are a long term investor or holder.
You would get used to it and would just ignore it because you believe that it would recover and even go higher in the future.
The only one who would be worried about it are the newbies and short term investors.

[Fredomago]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

There's nothing to worry about here. Bitcoin has been doing good and will most probably increase a lot in near future.
It's good  to have such corrections as it stabilizes the market a little and gives opportunities to new buyers to get in.
Also, I have done a little analysis on my own and I think bitcoin will be increasing from this point.
I can already see the necessary details in the below chart indicating a small pump in bitcoin's price.

Good point, allow new investors to join in and buy those cheap coins inside the market. Most of the time those uneducated traders reacts against the situations, not even bother to deal with much deeper research before taking their actions.

Which leads them to a regretful decision once the market start to bounce back and recover, long term investment is the sure deal with Bitcoin, seeing those acceptance from different line of business and attracting more institutional investors create a much stronger future for this investment currency.

[kayiboyu]

It is really good news if the lowest point can be 52k dollars. The price continues to drop down right now and it is 54k. I hope that we don't see it going back to a level below 50k again. If it happens, it seems like we won't see the price reaching 60k again for a long time.

[bosede1]

Personally, I am not bothered with the recent decline in the price of BTC because this is not new and we have overcome such a time like this with a double price increase. As I am not new to this forum and BTC I don't think there is any cause for one to panic or be worried about all these recent happenings in the market.

[UserU]

Surprise surprise, Elon has shook the market once again with his comment on Bitcoin and Tesla. Too bad I was asleep when the dip happened, else I'd scooped up extra

[fileo]

Bitcoin will recover again no matter what the deep is. We have seen how Bitcoin dropped for a week and then in due time recover again. Despite of Tesla announced the suspension of Tesla won't accept Bitcoin. The price dump and will bounce back again. Actually, maybe this is another open door for those who are new investors. This time of dump they can avail Bitcoin and hold for good.

[zanezane]

You would be worried if you panic sold your bitcoin when the prices but if you are still hodling, why worry about that also you have to understand that this drop in prices could be a good thing for everyone because they can buy more bitcoin at the same price.

[ILuckyGuyI]

I don't actually worry about it. We have seen a couple of times that the price fell down to a level between $40k and $50k before. And it recovered from there. I think we will see a similar scenario again.

[writealot]

Not worried either. In the meantime, avoid dogecoin and boycott Teslas.

[DigitalFox]

Why worry? Increasing my BTC holdings is always a good thing, especially during corrections. It's the BTC balance I care about, not USDT.

[Reatim]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

But i am alarmed now , because today Bitcoin drops to its lowest again after months and that is 46k usd and for me? i hate this moment.

I have not been selling my coins since the value top in 28,000 and now? here i am starting to regret why i did not sold mine when the value take place at 64,000.

But i will give it a chance but if this drops to below 40k? i will surely sell everything.

[virtualdn]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

But i am alarmed now , because today Bitcoin drops to its lowest again after months and that is 46k usd and for me? i hate this moment.

I have not been selling my coins since the value top in 28,000 and now? here i am starting to regret why i did not sold mine when the value take place at 64,000.

But i will give it a chance but if this drops to below 40k? i will surely sell everything.

That would be the dumbest move to make. I wouldn't sell even if reaches $30K. This is all FUD and will vanish, BTC will come back stronger as before and nobody will remember the manipulator narc Elon Musk anymore.

[TimeTeller]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

But i am alarmed now , because today Bitcoin drops to its lowest again after months and that is 46k usd and for me? i hate this moment.

I have not been selling my coins since the value top in 28,000 and now? here i am starting to regret why i did not sold mine when the value take place at 64,000.

But i will give it a chance but if this drops to below 40k? i will surely sell everything.

That would be the dumbest move to make. I wouldn't sell even if reaches $30K. This is all FUD and will vanish, BTC will come back stronger as before and nobody will remember the manipulator narc Elon Musk anymore.

Anyway, he is free to sell anytime he wants as it is his funds.
But don't blame anyone if in the near future btc bounces back big time.
Everyone has their own take on what is happening right now in crypto market.
A lot will panic and sell their stash, a normal reaction when the price drops significantly.
Now, it is up to you how you will react on this situation. Are you going to panic or not?

[Alert31]

No need to worry because it is a good opportunity to buy more bitcoin before it will bounces back again. It's difficult to wait such opportunity, why not grab it because we know bitcoin has a bright future, no doubts about it.

[Angna27]

I think they not worried about the declined of Bitcoin, because they hodl they bitcoin for almost 2 years, so its normal for them to see bitcoin drop down. But its better this situation is for a week or month only, then Bitcoin will rise again to reach 60K$ again and go far.