The market is not good

[Dave1]

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

the price is quite stable and good at this time, I see frequent fluctuations of 2% in a week and pumping 5% in a week it is very normal and natural for such fluctuations, many investors are looking for profit on the sidelines between the two. bitcoin is still red at 0.51% and had fallen at 2%.

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

[1715210259]

1715210259

[slaman29]

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

October is the final quarter and I think a lot of bears are getting worried:)

[STT]

This post marked the market low generally, I think dollar index topped out then and general markets also had been selling.   They its reversed and crypto especially responded with the rise seen upto the current pricing.   Only to that level and not any lower shows price action as quite positive, I had thought it would require a flush or spike down before actually regaining price is a significant way and passing 50 day average etc.
   Thing with a price lower is somebody finds it a good thing, a lower price encourages buying similar to almost any market like a supermarket even.  So long as the utility is the same and nothing much changed in a substantial way dont be too negative on just lower pricing any more then a shopper is negative on a sale in a shop.

[arwin100]

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin  reach its ATH again or maybe it creates another new ATH this year.

[justdimin]

This post marked the market low generally, I think dollar index topped out then and general markets also had been selling.   They its reversed and crypto especially responded with the rise seen upto the current pricing.   Only to that level and not any lower shows price action as quite positive, I had thought it would require a flush or spike down before actually regaining price is a significant way and passing 50 day average etc.
   Thing with a price lower is somebody finds it a good thing, a lower price encourages buying similar to almost any market like a supermarket even.  So long as the utility is the same and nothing much changed in a substantial way dont be too negative on just lower pricing any more then a shopper is negative on a sale in a shop.

That's basically what happened, didn't it? I mean we have seen the crypto market jump after a big fall, because many people found a great buying opportunity with it. I have seen price as low as 28k at one point, which is not a horrible drop, it was around 32k at the very best case for a while, and drop to 28k wasn't some flash crash type of deal, but it was still under 30k and people didn't imagine price will be that low.

That resulted with price going up, and that is what we are living right now, the price going up a lot because people imagined it would be a good idea to buy at that level, and when they bought price went up, and when it went up others got hyped and bought some more, and it turned into a snowball affect where the price kept going up more and more and we are living that right now. I honestly believe that we stopped around here, but it was exactly what you said.

[Furious 7]

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin  reach its ATH again or maybe it creates another new ATH this year.

It's a good sign that altcoins are also following the direction of bitcoin which is getting better in August, but I think in that speculation it's true that we are also likely to start in August and next month become a new ATH or ATH target that we are thinking about, is this a real bullish one? I see the push is so strong that even the effect of my FUD has no effect, it's worth the community is more confident now and they are holding on to the price set, and we'll see other positives because I also want to target 50k in mid-August.

[imstillthebest]

it may not be good but the drop was tiny and i dont think everyone is worrying .
 telegram is full of fuder's so distance your self in some of the groups there because that will only worsten your situation if your feeling worried of that small drop .
try hangout the most in this forum and you will see that most people here are not affected not only in smaller drops but even the bigger ones .

[pauloaragaomelo]

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

October is the final quarter and I think a lot of bears are getting worried:)

The market has saturated below $40k since almost a month ago and why don't you take action in the market for investment, when the market has fallen $40k then still need to consider investing in bitcoin because there is no trust but concern because there is no knowledge about cryptocurrency.

[milewilda]

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin  reach its ATH again or maybe it creates another new ATH this year.

Really hard to tell for it to be continuous since there are no sentiments that do backing up this current price increase that we had been waiting for some time now since the price had been moving sideways for a while now
and its not a surprising thing for this unpredictable market and its main behavior to be like this and im not surprised into those people who had been saying about the market is bad because it would always be ending up
on having those days where recovery and reverse trend could happen without seeing any viable reasons just like this.For those who had risk out on buying whilest its cheap then they are the ones who had been making
or reaping some profits now.

[Kusman]

Yeah, the market wasn't good then. But it is not bad anymore. We are just enjoying the great increase in the prices of nearly all coins in the market. Bitcoin price is recovering gradually lately. It's already over $46k and I think that it has a wide open road in front of it to move on. It feels really interesting to see the price climbing so fast in only a few days. I like this about Bitcoin the most.

[StreakW]

I think bitcoin will almost certainly continue to rise. With the $40k level already crossed, the next target is $50k. If that is also passed, then bitcoin will hit a new ATH. I believe the price of Bitcoin will still trend up in the coming period.

[slaman29]

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin  reach its ATH again or maybe it creates another new ATH this year.

And here right now is happening the dip I was expecting all week long. Still above 45k which is very very good support to show the market. I think we might still see even 43k before Saturday comes though. Some "bad news" from the industry about the hack of Polygon and defi market has some spillover effect to ETH, and possibly because of wrapped BTC lost there.

Or am I wrong to think any of that has an effect?

[Victorycoin]

I think bitcoin will almost certainly continue to rise. With the $40k level already crossed, the next target is $50k. If that is also passed, then bitcoin will hit a new ATH. I believe the price of Bitcoin will still trend up in the coming period.

Looking at the high price of bitcoin it seems that its price may increase further in the future the expectation is going to exceed $ 50k. So the market is not good to see the next level of bitcoin but wait for the right time.

[bots1]

I think this year has been a challenging year for us because we have spent most of the time indoors. While those events allow us plenty of time to reflect and think, these few days have brought about events that many crypto traders and investors may not have anticipated. Bitcoin price of $30k has seen a dramatic increase of over $45k

Institutional investors and traders may have played a big part in this bull run, but how long will it last? More importantly, how ready and secure your funds are before the next dramatic Bitcoin shift begins.

[Kittygalore]

~

That's normal and it's much better because I don't want to be on a market that is forever positive, in that kind of market you won't be able to make a lot of profit as you are uncertain as to how long the positivity in the market will last.

I guess that you're right. I too don't want a forever pumping market because that's an HYIP that doesn't do anything besides as you've said, it's uncertain when will the pump go and might result with you being too greedy that you thought it's still going to go up the same way.

[newwest]

~

That's normal and it's much better because I don't want to be on a market that is forever positive, in that kind of market you won't be able to make a lot of profit as you are uncertain as to how long the positivity in the market will last.

I guess that you're right. I too don't want a forever pumping market because that's an HYIP that doesn't do anything besides as you've said, it's uncertain when will the pump go and might result with you being too greedy that you thought it's still going to go up the same way.

Slow and steady is the best where you have a stable rate keep moving upwards. But bitcoin is just not of that category unfortunately. Its has some roller coaster type up and downswing and either if you are on right side and market booms you make money in a quick time else lose at the  greater pace too.

[perfect999]

And here right now is happening the dip I was expecting all week long. Still above 45k which is very very good support to show the market. I think we might still see even 43k before Saturday comes though. Some "bad news" from the industry about the hack of Polygon and defi market has some spillover effect to ETH, and possibly because of wrapped BTC lost there.

Or am I wrong to think any of that has an effect?

Dip? The price is still over 44k right now, how could that be a dip? I honestly think that we are still on a bull run right now, sure the price is not going up like we imagined it would continue, but it is also not dropping that much neither. I personally like the way it is going right now and I hope that it will continue to go up, break over 50k+ and that point it is going to be really hard for the price to go down.

I understand that it is not an easy way to handle this, but it is definitely the right way to do it. For example, if we drop to 40k, we should not go around and saying that the bear is here, that would scare people off and it would definitely hurt us, but if we end up going around and saying that is basically accumulating to grow bigger than it will hype people up and make them buy. We should always think of the drops like that so that others would end up buying with us and the price goes up.

[slaman29]

And here right now is happening the dip I was expecting all week long.

Or am I wrong to think any of that has an effect?

Dip? The price is still over 44k right now, how could that be a dip? I honestly think that we are still on a bull run right now, sure the price is not going up like we imagined it would continue, but it is also not dropping that much neither. I personally like the way it is going right now and I hope that it will continue to go up, break over 50k+ and that point it is going to be really hard for the price to go down.

Yeah, dip, didn't you see the charts? From 46k to 43k (of course right now we're back) but when I wrote the post, we were having a dip. Not a crash, not a panic sell, just a regular good dip caused from temporary profit taking. Nothing to do with a bear market. In fact, this bull market is made more consistent by these dips.

[Wawa2013]

I think this year has been a challenging year for us because we have spent most of the time indoors. While those events allow us plenty of time to reflect and think, these few days have brought about events that many crypto traders and investors may not have anticipated. Bitcoin price of $30k has seen a dramatic increase of over $45k

Institutional investors and traders may have played a big part in this bull run, but how long will it last? More importantly, how ready and secure your funds are before the next dramatic Bitcoin shift begins.

In cryptocurrencies, the price of Bitcoin today is slightly lower than yesterday while other digital coins are trading at a profit. As per CoinDesk, the world's largest cryptocurrency by market cap fell 4% to $44,257 but otherwise everyone is saying that the market will reach the biggest price increase in history later this year.. Beware I think this is very dangerous.

Yesterday the price of Bitcoin fell, but look at the price of Bitcoin now it has gone up again to the price of $ 46k. So I believe the target of $100k
can be achieved by Bitcoin by the end of this year, especially in one week Bitcoin can rise by around 14%, this is a positive sign. This means that
currently Bitcoin is still in a bullish trend, even though Bitcoin's movement is on the right track. Still, the price of Bitcoin is very volatile and Bitcoin
includes a high-risk investment, the price could suddenly fall suddenly, so always be careful when investing in Bitcoin.

[Roidz]

I think bitcoin will almost certainly continue to rise. With the $40k level already crossed, the next target is $50k. If that is also passed, then bitcoin will hit a new ATH. I believe the price of Bitcoin will still trend up in the coming period.

Looking at the high price of bitcoin it seems that its price may increase further in the future the expectation is going to exceed $ 50k. So the market is not good to see the next level of bitcoin but wait for the right time.

the market is in pretty good shape right now, after the decline in the price of bitcoin some time ago, now the bitcoin price is around $46,000 and it looks like now the bitcoin price is starting to take steps to bullrun and reach new prices by the end of this week, I personally am very optimistic if the price of bitcoin will rise again to reach $ 50,000 by the end of this month and it looks like we will see the price of bitcoin reach its peak again later.