Is someone worried about the recent decline of BTC?

[BitcoinPanther]

I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.

[terrorJR]

Of course not, because I'm sure the people who hold assets in bitcoin are not mentally weak people, besides that the people who hold assets here including me are not the people who start trading in a few days. some are from a year, two years and some have even started from the very beginning bitcoin was created, and when bitcoin fluctuates in corrections like this it becomes normal and normal for us because it is very natural.
no need to worry about this because everything will be back to normal and bitcoin will still be king and this is not the end of bitcoin. keep calm and enjoy the flow all will be back to normal

[UserU]

Second round, shopping time guys. Don't miss the sale while it lasts!

[geegaw]

I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.

It's amazing because you can maintain such optimism while the vast majority of people, probably myself included, cannot avoid certain anxieties, this one step backwards seems to be a bit too big for previous states, even today, the vitality of bitcoin's recovery has been very dismal, instead there was a strong selling force in the market, opening a liquidation and pinching the value of bitcoin. Bounce back is a great theory, but we'll probably have our capital locked up for a few years, the image of the past is really replaying in my brain

[BitcoinPanther]

I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.

It's amazing because you can maintain such optimism while the vast majority of people, probably myself included, cannot avoid certain anxieties, this one step backwards seems to be a bit too big for previous states, even today, the vitality of bitcoin's recovery has been very dismal, instead there was a strong selling force in the market, opening a liquidation and pinching the value of bitcoin. Bounce back is a great theory, but we'll probably have our capital locked up for a few years, the image of the past is really replaying in my brain

You had been around since 2014, and I bet you  had witnessed this kind of event several times and every time BTC plummet, it always bounce back even though it takes weeks, months, or even years.  Just like what happened way back 2017 to 2021, in between those were really a hard time for BTC and yet it triple its 2017 ATH this year.  And zooming out the chart from 2018 to present, the current price is still in positive gain.

[Zoe Saldana]

Pantera Hedge Fund CEO BTC price  - April 27  - Look up on Youtube if link does not work.

Pantera's $115k Bitcoin Price Target with Dan Morehead


https://www.youtube.com/watch?v=fsK3vjrmY0M

[imstillthebest]

I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.

they forgot that btc is not one sided because it stays at the top for a long time .
btc is like any other crypto that moves in two sides and thats up and down .
we will have a down time but that will be delayed if eleon and tesla didnt make a public scandal .
im worried for those who are worry and not used to price declines because they will feel bad and sell in a wrong time .

[TimeTeller]

I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.

they forgot that btc is not one sided because it stays at the top for a long time .
btc is like any other crypto that moves in two sides and thats up and down .
we will have a down time but that will be delayed if eleon and tesla didnt make a public scandal .
im worried for those who are worry and not used to price declines because they will feel bad and sell in a wrong time .

Bitcoin has been long in this market and survived many times over.
Elon is a new player in this market and I don't think he will be the reason that btc collapse big time.
This is just part of the up and down movement, though he may contributed in this recent decline, but it doesn't mean he will be the sole reason why btc is surviving.
We have other reasons why btc reached this level, financial institutions, top companies that are already involved in crypto.
If Elon has a changed of heart towards bitcoin, it doesn't mean, all the other companies are agreeing with his move.

[bitzizzix]

For those who have been in the industry for a long time or have been involved with bitcoin for a long time, I don't think there is any concern when prices drop and what happens is normal.
I also don't feel panic or worry about what's going on in the market and if there is a continuous decline, I will hold it back and let bitcoin move as it is.
Even though there are some news that have influenced the market, I think it has happened before and vice versa if the price continues to rise because it is driven by news.

[Yamifoud]

Second round, shopping time guys. Don't miss the sale while it lasts!

Well, I'm preparing for that. I've waited for the price to decline, so instead of worrying, this time giving me a chance to reinvest.
We have been too long staying in the bullish season, I think that was enough. But I'm still observing the market trend, although the price of Bitcoin moves down slowly, it was too early to tell that we are turning back to bear season. Let's see how it change a few days from now.

[Luqman]

I'm not worried about that, because I know the price will rise again soon.

As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.

[CaVO32]

I'm not worried about that, because I know the price will rise again soon.

As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.

The btc market today is quite different than in previous years. There are so many big players that are already in this market. So even if we experience decline, I strongly believe that it will go up again. However, if you are betting your life savings in this market, you need to plan carefully in order not to incur losses. Assess whether you need to cash out early or not. Because cashing out when the price is down is not a very smart move. This is why some holders are worried because if they need to cash out and the price is low, they are at loss. So if you don't have urgent needs for cash, better keep it and just cash out when the market starts to go up again.

[Dave1]

I'm not worried about that, because I know the price will rise again soon.

As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.

I don't think that we are in the bearish trend, it's just the effect of many negative news that really put the market into a downtrend. I'm not saying that we are going to recover quickly, but we have to understand that this is how the market works.

Not going to happen those parabolic rises we've seen in the last quarter of 2020, not as the price is going up, the exponential growth will slow down. But we don't need to panic we have like more than six months till the end of this year so maybe we will see some change before the end of the year.

[7788bitcoin]

I'm afraid that we are now starting the Bear market , there is a continues denial about the price of Bitcoin and also many altcoins.

The Bitcoin market is below the $50k mark even though it showed promises of recovery, i am skeptical as you never know when these institutional investors will book their profit and hence we cannot predict where the market will be in a couple of days. Will have to wait for a couple of days and then i should take my positions with the coins i am holding as well as i was expecting a one final rally before the major correction.

[Nunoluck]

I am not sure about that. I think it can reach 25k, for me it is the lowest level that can be reach. But sentiments and the growing number of bitcoin holders will make the price higher than that. I will put more focus and concentration on BTC market when it reach 40K ~ 25k. I think it is ok for me to buy bitcoin again between that price level.

[hazenyc]

I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.

they forgot that btc is not one sided because it stays at the top for a long time .
btc is like any other crypto that moves in two sides and thats up and down .
we will have a down time but that will be delayed if eleon and tesla didnt make a public scandal .
im worried for those who are worry and not used to price declines because they will feel bad and sell in a wrong time .

Bitcoin has been long in this market and survived many times over.
Elon is a new player in this market and I don't think he will be the reason that btc collapse big time.
This is just part of the up and down movement, though he may contributed in this recent decline, but it doesn't mean he will be the sole reason why btc is surviving.
We have other reasons why btc reached this level, financial institutions, top companies that are already involved in crypto.
If Elon has a changed of heart towards bitcoin, it doesn't mean, all the other companies are agreeing with his move.

There's no discussion about whether Bitcoin will survive or die, but when it comes to its price I think many people lack a sense of reality. There will be corrections all the time. That is just part of the pricing process. The longer Bitcoin goes up, the less I am hyped because I know that a correction must be inbound.

[Henrobakkara]

The truth is whether we say these things a hundred times and over, some investors will still panic any time the price dips even when they too have seen from history how Bitcoin has recovered from the bottom after price corrections in the past. I guess it is nature but as long as it doesn't really affect what happens at the end of the day, that's fine.

[kojektea]

Not too worried about that, I was with bitcoin for more than 3 years I was very happy with bitcoin technology, although the price is really unstable, but along with the development of the bitcoin project will continue to lead, a technology that no one can control.

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.

Very profitable for those who understand about analysis and prediction, they will definitely pick up this momentum, by buying below, the market will recover and get a lot of profit. Elon Musk is indeed upsetting for people who are new to the world of trade, but it is very profitable for those who have long survived.

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. ✌️

It was a strategy to get low prices, then buy them very much, they were very easy to control the market with their popularity, As tesla today can easily control the market makes it manipulate up to 15% of the previous price of bitcoin. I also believe altcoins are coming soon.

[moderator's note: consecutive posts merged]

[CoolerSid]

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. 😅✌️

It was a strategy to get low prices, then buy them very much, they were very easy to control the market with their popularity, As tesla today can easily control the market makes it manipulate up to 15% of the previous price of bitcoin. I also believe altcoins are coming soon.

LTC in this regard it will be better

[Questat]

Not too worried about that, I was with bitcoin for more than 3 years I was very happy with bitcoin technology, although the price is really unstable, but along with the development of the bitcoin project will continue to lead, a technology that no one can control.

Absolutely, and nothing to do about this but to accept the truth that Bitcoin and the market prices won't stay at highs, it sometimes falls down just like before. We are not new to this situation, the pump and dump are normal things that we experience. And people don't need to worry about the situation, if you still have the money to invest in crypto, it could be the best idea to take this moment to reinvest and wait for the next market rally.