It's a good time for bitcoin

[ConnerDalfino]

As each day passes without the 30K being broken, the sellers grow increasingly frustrated.

Holdings of HODLers increase with every passing day.

As time passes, the consolidation becomes longer.

Diamond-handed retailers earn money every day in order to buy more bitcoin.

Each day brings companies and institutions that are considering buying one step closer to a very good price.

Our footsteps are being followed by more and more countries every day.

Bitcoin is becoming more popular every day.

Death will be imminent if the bears are unable to deal a deadly blow.

[jossiel]

Every opportunity for us we see for bitcoin is always good.

As the number of people who don't want to spend their bitcoins are increasing and that's a fact. Despite the market is negative these days.

That won't stop us from holding because we're looking forward to the greater that it will surpass the last ATH just this year.

[swogerino]

With the fall of Bitcoin also most of the top 100 altcoins fall also.This is good for me because from my mining activity I make more in crypto daily although is less in dollar,for the long term I am happy.Also the price of Bitcoin now below 30K is a good entry point for those who are standing at the fences and waiting for that low price.Now is the time I think as it will not fall much further as the China FUD is priced in right now.

[herurist]

Every opportunity for us we see for bitcoin is always good.

As the number of people who don't want to spend their bitcoins are increasing and that's a fact. Despite the market is negative these days.

That won't stop us from holding because we're looking forward to the greater that it will surpass the last ATH just this year.

always note that the holder is well aware of the consequences. they prefer to buy when the current price is quite a big discount. this is indeed an opportunity for those who want to own large amounts of Bitcoin. at least the price will likely recover in the near future.

[Upgrade00]

As each day passes without the 30K being broken, the sellers grow increasingly frustrated.

The $30k support was just broken and it's currently trading between $29.5k and $29.9k, would this signify that bears have dealt a deadly blow?
If you are a long term holder you should not be much perturbed by intermittent drops and rises in the price, I didn't expect that we'll go this low, but if you only bought with amounts you can afford to lose, it makes it easier to hodl.
Bitcoin is getting more popular and there are lots of developments going on the network to motivate one to hold.

[NeuroticFish]

The $30k support was just broken and it's currently trading between $29.5k and $29.9k, would this signify that bears have dealt a deadly blow?

I wanted to just say that
I'm curious how long this sub-30k will last

If you are a long term holder you should not be much perturbed by intermittent drops and rises in the price, I didn't expect that we'll go this low, but if you only bought with amounts you can afford to lose, it makes it easier to hodl.
Bitcoin is getting more popular and there are lots of developments going on the network to motivate one to hold.

Well, it's surely frustrating even for the holders. But not much else. I don't want though to be in the shoes of those who bought at 60k...
Clearly, it should convince people HOLD and it's also a new opportunity to buy.

[adzino]

As each day passes without the 30K being broken, the sellers grow increasingly frustrated.

Holdings of HODLers increase with every passing day.

As time passes, the consolidation becomes longer.

Diamond-handed retailers earn money every day in order to buy more bitcoin.

Each day brings companies and institutions that are considering buying one step closer to a very good price.

Our footsteps are being followed by more and more countries every day.

Bitcoin is becoming more popular every day.

Death will be imminent if the bears are unable to deal a deadly blow.

And it's now below $29,000 USD. You spoke too early haha. But yeah, there are more holders now. Those who had to sell are already selling. As the price crashes, we will see more strong hands which would be good indication of the next bull run. Besides, this has created more opportunity for investors to enter the market or hold more bitcoin.
Lets see how far it goes down before it starts to climb back again. Expecting more institution to join and invest during this cash.

[hitsnorth]

Exactly. There's been a lot of news that will provide a bull run later. And now is a perfect time to buy cheap BTC while you still can. I think it can fall a little more soon so i'll wait a couple of days to see the situation.

[bitzizzix]

Now the bitcoin price is 29K and it looks like the decline will continue, very confusing and difficult to predict, I'm sure many are disappointed with the current bitcoin decline because whenever there is a decline there is always a good time for bitcoin or buying bitcoin and how do those who buy it feel about the topic before and before.
everything is unexpected and but this will all be their lesson and don't panic or worry and the right choice is Hodl though we don't know how long it will last.
and indeed long term is a great option for bitcoin and take advantage of any declines to make purchases gradually.

[BrewMaster]

Holdings of HODLers increase with every passing day.

i disagree with this part. you are seeing it as a support not being broken but i see it as a resistance not being broken and it seems like most people have been in the same boat although i have been buying bitcoin but they don't. instead people see the resistance (that is $40k) not breaking so they hesitate to buy.

the result is that the fiat holders are increasing.

if we check the recent dump we can clearly see that despite the huge manipulation and the panic sell that has been going on for the past 7-8 hours price is still barely below $30k. it proves that the "weak hands" who panic sold have not bought back and there is a massive amount of cash waiting on the sidelines right now waiting for a small signal to enter.

[ropyu1978]

we bitcoin holders always think that bitcoin's timing is always right, even though the price is falling we also consider this the right time, because when the price falls we can buy, when the price goes up, the right time for us is to sell bitcoin, bitcoin is always there in our hearts, whatever happens..

[tranthidung]

The $30k support was just broken and it's currently trading between $29.5k and $29.9k, would this signify that bears have dealt a deadly blow?

Price might likely be dumped more and would stop around $24,000 but if the Bear want to play harsh, price will be crashed to $19,000 to $20,000 which can be the final bottom.

It will be a second big shock and onwards we go with side way till the last 2 months of this year.

The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes.

It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run.

[LogitechMouse]

Its very easy to say that anytime is a good time to buy Bitcoin but TBH, its very hard to do especially when we are in a market where its very volatile and significant amount of drops might happen like the one we are seeing right now.

With the $30,000 support being broke just hours ago, I expect a more downward pressure because some of the weak hands who are holding Bitcoin might sell most if not all of their holdings and will be waiting into another entry at a lower price.

Well, anytime is a good time but if you know that the market is going up and up and up without going down then you must be patient in entering. If you bought at the peak then you lose a huge amount already in paper loss.

[NeuroticFish]

Price might likely be dumped more and would stop around $24,000

On the other hand, there are plenty of fat purses that just can't say no to the opportunity to buy in moments like this. Never forget that.
Indeed, the price may go lower, but for that the bears have to work harder.

[AniviaBtc]

Even thought bitcoin's price is volatile in the market and we're seeing a consolidation, we still see positive things happening on it.

Many countries are now engaging to it and opening their minds to invest on a digital currency that is profitable.

It will really fight inflation if the government will study and understand how bitcoin works in the economy and in the market.

[BrewMaster]

Price might likely be dumped more and would stop around $24,000 but if the Bear want to play harsh, price will be crashed to $19,000 to $20,000 which can be the final bottom.

for now it seems that market manipulators have failed at keeping the price at $28k-$29k since it bounced back up to $30900 with the fake sell walls they had has to be constantly moved higher each time price rises an gets closer to them.

edit: now reached $32000

[Yogee]

The market is looking bearish even if you see quick bounces from $30K and now $29K.

The $30k support was just broken and it's currently trading between $29.5k and $29.9k, would this signify that bears have dealt a deadly blow?

I wanted to just say that
I'm curious how long this sub-30k will last

It was less than an hour ago when I was staring at $29K on preev. I came back and it's already hovering above $30K.

I didn't expect $30K to be broken to be honest but the bears will have another time to test $29-$30K again in this long consolidation period.

[$crypto$]

Price might likely be dumped more and would stop around $24,000 but if the Bear want to play harsh, price will be crashed to $19,000 to $20,000 which can be the final bottom.

for now it seems that market manipulators have failed at keeping the price at $28k-$29k since it bounced back up to $30900 with the fake sell walls they had has to be constantly moved higher each time price rises an gets closer to them.

edit: now reached $32000

This prisoner bounced back and bitcoin doesn't seem to want to reduce the price to below $30k, but I think the bears are still not standing still we can only see for a moment but what happens next, I'm also worried that this can't be controlled with FUD and the bears are damaging all market.
Could it be that it is appropriate to buy with a correction high?
Or a little taller? I don't think bitcoin will go down and the rest could be as high as $35k.

[Kittygalore]

Yes, it's a good opportunity to buy more bitcoins and potential altcoins. Bitcoin is moving faster from $28K a while ago, now it start moving up and it was at $30k above. Every decline of market price is an opportunity to buy.

Agree, I really wanted to buy some bitcoin but I was too late to buy at the lowest point because I got up a little too late so I was seeing the prices going back up again but either way it doesn't faze me because the prices are going to go down again and I will definitely buy a lot of bitcoin when that time comes.

[LimLims]

Definitely yes! Bitcoin will fall a little lower and then I will buy it as much as I can via bitfinex and ownr. This is the best time to buy.

I don’t think BTC will fall lower, rather it might increase soon according to speculations.
If you listen to me then there is no perfect time to buy Bitcoins.
If possible now then buy it now only, as many Bitcoin veterans already predicted about the pump to come.
And i guess the price around 31k USD is very ideal to buy the coin and make good profits.
Willing to hear more from the community.