Is someone worried about the recent decline of BTC?

[swogerino]

I am not worried at all as I see Ethereum and other altcoins go up in a big way recently and for Bitcoin I think this will be a boost in the long run.The king cannot go extremely down once his servants are going up so I am waiting for the end year boom of Bitcoin which will make us all happy.

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[rosebrand]

I ain't worried about the decline in bitcoin because i know the bullish season is still very much around and we will surely see a new all time high after a strong decline, we shouldn't worry about price decline this season rather we should see it as an opportunity to invest more because surely price will pump higher than it was, no need of panicking when red shows up rather buy the deep if you got extra or free funds. This season has already made hodlers rich while panic sellers will always be in regrets when prices pump higher why there must have sold so cheap, patience is also a key to success in this crypto space.

[finaleshot2016]

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

me? I'm not concerned in the least. This is just a good correction, and those who have been hodling for a long time will simply sell and buy in the dip. Since people are only beginning to invest in crypto, don't make it too complicated or too short. They've come this far, and many popular people such as Elon Musk and Mark Zuckerberg started to get interested in it.

Last year, when bitcoin fell from $20k to $5k in March, it was extremely cheap, and look what happened: it rallied to $60k. Just trust the market, everything will go well.

[seoincorporation]

the lowest price can drop now at $ 52,000
...

I do not agree with you... it could drop more than that... even if at that price we had a buyer's wall it can be crush with the right amount of BTC. Just think about what would happen if Winklevoss twins decide to sell their 120,000 bitcoins. That would crash the value close to $20k. So, the lowest price it can drop is more than we expect.

But I'm not worried, after all these years in this crypto-world I know bitcoin price is in constant change, it moves up or down, but it never stays in one price for a long period.

[Yatsan]

Declination with regards to the price of Bitcoin has nothing to be worried about specially when you are already staying long enough and have already witnessed various declinations that have happened on it from the past years of existence. Compared to what it is before, the declination of Bitcoin is just on a minimal phase while on the past years, it have massively turn into crash after declination that it took years before it have regained possession on its price exceeding its past ATH. We have already witnessed Bitcoin's capacity and capability to bounce back from down fall so such kind of declination is something not to be worried about.

[BrewMaster]

there is no "recent decline of BTC" that i can see! there was a drop many weeks ago and ever since then price has been in the same range without changing that much. 6%-7% rises and falls are nothing for bitcoin.

also the lowest price that it can go for the time being is $54.5k to $55k and highest it can go is $59.5k until the day it goes above $60k and it is all over for stable price.
 $52k is arbitrary.

[geegaw]

Declination with regards to the price of Bitcoin has nothing to be worried about specially when you are already staying long enough and have already witnessed various declinations that have happened on it from the past years of existence. Compared to what it is before, the declination of Bitcoin is just on a minimal phase while on the past years, it have massively turn into crash after declination that it took years before it have regained possession on its price exceeding its past ATH. We have already witnessed Bitcoin's capacity and capability to bounce back from down fall so such kind of declination is something not to be worried about.

Speaking of years ago, bitcoin was frequently red candles stretching to the bottom of the bottom, every day we could see the pressure on bitcoin was enormous, preventing its rebound, compared to the simplicity of bitcoin's current price drop, it's impossible to understand why we need further anxiety because these red candles can be strong but very quickly a recovery will improve that. This is something that hasn't happened very often in the past, bitcoin has had very different things and our community has shown the same actions, not worrying too much and know how to adjust every action so that the price of bitcoin does not fall deep

[willoweb]

The fall should at least bother the holders of bitcoin and everyone else, too, since it has long become a kind of index that, like a locomotive, pulls everyone else up and down. Personally, I am calm even though I have a certain amount of bitcoin and its alternatives. I have invested for a long time and have never thought to sell because I am waiting for specific indicators of profit, namely, the multiplication of investments by three times. I am patient and not prone to panic attacks, fortunately.

[crwth]

I like how the idea of checking the capacity of the whales to go and analyzing that it should be the floor. I mean, it has been established that it's the current price range now, and I love how it's always within this current range, and it's pretty healthy for BTC or generally crypto to be accepted by the public. It's just making rounds, and the story where people have gained riches because of BTC makes it even more enticing to new people, so I think it's not going any lower anytime soon.

Personally, I'm not worried about it. I'm consistently cashing in and buying BTC and averaging out my entry with it. It's something that you can believe in for sure. Diamond hands, as they say. HODL.

[sapnu]

Whales are still messing up bitcoin's price up until now. We had a lot of bad experiences from the past just because they are too big to be criticized that's why for sure they wouldn't listen. It might look like another correction or just another dip but the risk is still there. We once witnessed bitcoin's value go down continuously last 2018 and it is understandable that up until now we are still worried from experiencing such things again. Nevertheless, we can either take the dump as an opportunity to buy and keep on holding till it makes another ATH or start selling while the value is still far from the lowest it can be.

[uneng]

Bitcoin is actually pretty stable these days around 55,000$ more or less. I don't think it's worrying, because small corrections like this are a positive indicator bitcoin is strong and has a lot of support from investors. If someone said years ago bitcoin would rise to such value at once and keep the price I wouldn't believe that, as the crypto market is known for unexpected deep corrections. So far it's not happening, what is really good.
There are more good things than bad things happening in crypto universe right now, so definitely no reasons to worry.

[yazher]

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

This is just a normal scene before a great event coming which is probably a new ATH. no need to worry about it since this is just normal when the price is about to pump again. One should consider the upcoming things will be another good news to the market but one thing should be done and that's when those people that currently holding bitcoins need to have a courageous act to hold their bitcoins to refrain the price from further dropping.

[kryptqnick]

Is someone worried about the recent decline of BTC?

Personally, I'm not worried since 1 BTCitcoin has always been equal to 1 BTCitcoin ^{[other conversions don't matter]} and I've always used it for what it was meant for as opposed to most of the newcomers that only see it as an investment asset ^{[they're using it for the wrong reason]}.

I get the message, and it makes sense that we shouldn't measure the value of Bitcoin in dollars because this way we kind of undermine the whole 'Bitcoin is money' message. Nevertheless, I think it's more subtle than that because there's a difference between 1 Bitcoin when it's around $20k and 1 Bitcoin when it's around $60k which cannot be deemed insignificant: its purchasing power. You can buy more with Bitcoin now than a year ago, and purchasing power is essential for money, no matter how we estimate it. Dollar's purchasing power also changes, of course, but since it's relatively stable in comparison with Bitcoin, I believe that we might actually be measuring BTC's purchasing power when we're talking about its dollar price.

[johnwest]

This is the main reason why no one is worried too much this time. We have seen so many investments and so many buyings from people outside crypto that the community knows now that those investors are here to stay and also looking for more dips. Especially the 52k$ mark is too much important as we have seen huge support and buying in that price range. BTC could go up to 40k$ max which has enormous support in my opinion.

[Fredomago]

This is the main reason why no one is worried too much this time. We have seen so many investments and so many buyings from people outside crypto that the community knows now that those investors are here to stay and also looking for more dips. Especially the 52k$ mark is too much important as we have seen huge support and buying in that price range. BTC could go up to 40k$ max which has enormous support in my opinion.

There are whales and there are institutional investors who are willing to gamble and play with those manipulators around, if you do aim for long term investment, this such kind of movements won't hurt you but instead will allow you to buy more and keep more inside your safe wallet, this are common even there are movements that unusual, you just need to work on it and try not to see yourself in a panic mode,.

You'll lose your investment if you follow those people who got shaken and start selling their assets with a much cheaper value, look on the perspectives why big holders are still engage to this market, as they will continue to rinse money out from those weak holders.

[xanxus.kun]

I don't think so, we all know how good Bitcoin is, and this sudden downfall is nothing but a good news for we'll have another chance to buy Bitcoin to hold or for scalping purposes. This is the beauty of the bullish season, buy low and sell high.

[CryptoChartIndex]

Bitcoin Price Always take correction around 6-10% before moves more up, Track and Check all cryptocurrency price at one place on Cryptochartindex.

[Review Master]

the lowest price can drop now at $ 52,000

No need to be worried about it as new weekly candle can't make green one. As a result, we get small correction compare to previous corrections. TBH, it could drop into $49k to touch 20 MA of weekly which isn't done in this whole bull season. But 20 MA of weekly is very important for bull season and bitcoin will sure to rebound from that. So it's just about time to enjoy another bullish rally after breaking the strong resistance level of $60k, IMHO.

[CryptopreneurBrainboss]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future.

Any decline of the price of bitcoin should be seen as a golden opportunity to get some bitcoin cheap before the next wave of mooning comes into the picture. Anyone worries doesn't understand how the market works, we're bullish and this trend is likely going to continue until the end of the year.

Any decline is just a correction that won't last long as we have those patiently waiting for this kind of opportunity to enter the market. Best you can do is to keep holding your coins Instead of been all worries when the corrections occurs.

[livingfree]

That's not worrisome. Why should be worried if you've get to look to the charts a few months ago or even by a year?

And if bitcoin drops, the goal is to accumulate. There will be cheaper bitcoins and that means if we're going to buy, we're going to get more bitcoins. This is now getting more serious if you're thinking of the future.