The market is not good

[lightning0]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

[KryptoKings]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

How do you mean by July 23 $32k, are you predicting to be the price by few days or what ?
One thing for sure is that you have to know about btc very well as understands it, know about instability of the price as well.

[hugeblack]

The current situation is expected to continue until the end of July 22nd, the price is still under the manipulation of grayscale and those who will continue to manipulate the price to make their clients earn more money.
Always like these are the best times to buy so if you are afraid stop following the price, either you buy or not follow the price, selling now will be the worst.

[Core.i7]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

When everyone thinks that market is bearish and not good, at that point we shall see the pump in the market.

[NeuroticFish]

When everyone thinks that market is bearish and not good, at that point we shall see the pump in the market.

Indeed, reversal often comes after nobody thinks that anything can change. But this time it's not easy to get to capitulation, especially as the numbers are not far from the expected range (especially as percents), hence the theory tells the bull run is not over yet.

I don't know though what can get the price back. Possibly the (full?) recovery of the hash rate, but that will still take a while...
Some do have expectations from Musk vs Dorsey talk, but I don't. I'd be happy to be wrong though.

[sheenshane]

This could b on the Speculation board, a lot of predictions there what's going on with the price of the market.

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000.

What's the delivery you're trying to say?  It might that is a possible resistance after of this having huge deep.
I have a forecast on the Bitcoin price prediction which is still on the positive side that bearish trend will end up quickly but since we know it's unpredictable and anytime soon the price will go up even in just a matter of days.

These days, there should be a risk of FOMO as we expected.  Why not just grab the opportunity and accumulated while it has a drop of price.

[bitcointradeagent]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

no one can really tell but trade with care. I buy and sell everyday actually. There is always profit in some ways

[examplens]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

This is funny.
big Telegram traders and predictors are negative.  when the market is constantly growing, any idiot can be positive and make a good profit. various experts appeared daily offering to share their strategies for some small fee.
now that the market is in bear, everyone is sad and negative and all strategies fell apart.
Sorry, guys, it is a crypto world you still haven't reached the bottom of.

[jossiel]

No.

People are just exaggerating and wanting to see the ATH again. But the market doesn't work like that. It stays on the ATH for a very short period of time and then the plunge comes.

$29k must be considered the support and it's being hit so just prepare that we might meet the past ATH 4 years ago.

[Bitcoin_Arena]

Ungrateful humans. Greed can really blind and make us look in only one direction.

Bitcoin was rising for months, I think at some point there were about 6 or 7 green months. What did you expect afterwards?
Obviously there had to be a correction at some point. It happens with all markets.

Given that this is Bitcoin we are talking about, the current market trend should be seen as a blessing in disguise. An opportunity to buy Bitcoins at a discount because some months or a few years from now it could be more than triple the price some people are complaining about right now.

[lightning0]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

How do you mean by July 23 $32k, are you predicting to be the price by few days or what ?
One thing for sure is that you have to know about btc very well as understands it, know about instability of the price as well.

I am observing the market sentiment. Everyone is not as enthusiastic about Bitcoin as before. In this situation, if there are no major benefits, people will fall asleep.

I am also thinking that the current market sentiment may not be enough until people are desperate. When that day comes, Bitcoin may start to reverse.

The current situation is expected to continue until the end of July 22nd, the price is still under the manipulation of grayscale and those who will continue to manipulate the price to make their clients earn more money.
Always like these are the best times to buy so if you are afraid stop following the price, either you buy or not follow the price, selling now will be the worst.

The best time to enter is when others fear the most. Get your funds ready. Hahahaha

Ungrateful humans. Greed can really blind and make us look in only one direction.

Bitcoin was rising for months, I think at some point there were about 6 or 7 green months. What did you expect afterwards?
Obviously there had to be a correction at some point. It happens with all markets.

Given that this is Bitcoin we are talking about, the current market trend should be seen as a blessing in disguise. An opportunity to buy Bitcoins at a discount because some months or a few years from now it could be more than triple the price some people are complaining about right now.

The callback is a good thing for Bitcoin, and it is not difficult to see that the value of Bitcoin is still growing

[ethereumhunter]

The current bitcoin price now is $29,606, which is down for more after a stay at $30k. So it could still be at the bearish trend for now. You need to analyze more if you want to know the good price you can buy because at this moment, it is better to stay for a while and not trying to enter the market. But you can check the market movement by buying bitcoin for small amounts and seeing where bitcoin price will move later.

But in this day, the price is not moving up or down too deep, so hopefully, the price can still stabilize. But the bearish trend still is there and no one will know where the price will move.

[lightning0]

The current bitcoin price now is $29,606, which is down for more after a stay at $30k. So it could still be at the bearish trend for now. You need to analyze more if you want to know the good price you can buy because at this moment, it is better to stay for a while and not trying to enter the market. But you can check the market movement by buying bitcoin for small amounts and seeing where bitcoin price will move later.

But in this day, the price is not moving up or down too deep, so hopefully, the price can still stabilize. But the bearish trend still is there and no one will know where the price will move.

I believe that there will be many public figures or influential people who will initiate activities such as discussing Bitcoin, which will drive the rise of Bitcoin.

Just like today's event, Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood will be featured speakers at the Bitcoin event “The B Word,” which will feature a live discussion between the three focused on how Bitcoin is perceived by the mainstream.

Bitcoin rose by 1,000 points, which is a good start.

[jossiel]

The current bitcoin price now is $29,606, which is down for more after a stay at $30k. So it could still be at the bearish trend for now.

It's good to see how bitcoin recovered quickly.

The price recovered to $31k and that's a very quick turn for bitcoin but it's not that surprising anymore because that's the true nature of bitcoin. It may not be good for a while.

But it will eventually recover and hopefully goes back to the prices that we want to see, $40k-$60k.

[Core.i7]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

The market may not be good at the moment but it will never remain in the same state.
It won't  take long for the market sentiments to change from bearish to bullish. 

[Naficopa]

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

It didn't take long for the situation to change. Today the price has returned to its previous level.
The cryptocurrency market is very volatile so do not worry about a few percent changes even if they happen overnight.
The market sentiment is still positive so I think we will see price increases soon.

[ethereumhunter]

I believe that there will be many public figures or influential people who will initiate activities such as discussing Bitcoin, which will drive the rise of Bitcoin.

Just like today's event, Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood will be featured speakers at the Bitcoin event “The B Word,” which will feature a live discussion between the three focused on how Bitcoin is perceived by the mainstream.

Bitcoin rose by 1,000 points, which is a good start.

Bitcoin is back to the $31,900 level and the trend is still good enough to continue and break $32k, which bitcoin already touches before. But this situation does not guarantee that bitcoin will still rise as we know that the price can go anywhere. If the price can stay at $32k and even still increase, the next bull run will come and we will be back to make a profit like before.

Bitcoin has now slowly become mainstream and more people will hear about bitcoin and join in bitcoin. Once that can happen, bitcoin can start the rise and hit the next high price level.

It's good to see how bitcoin recovered quickly.

The price recovered to $31k and that's a very quick turn for bitcoin but it's not that surprising anymore because that's the true nature of bitcoin. It may not be good for a while.

But it will eventually recover and hopefully goes back to the prices that we want to see, $40k-$60k.

The recovery comes quickly. I am glad to sell some satoshi that I bought yesterday

But still, that surprised some people because if they compare with the previous trend, this uptrend could come fast than before. If bitcoin can sustain and even increase, sooner or later, the price will have more chances to break $40k.

Bitcoin still has many times to back to $40k-$60k. At that time, our profit will be bigger than before.

[Scarlett7777]

The current situation is expected to continue until the end of July 22nd, the price is still under the manipulation of grayscale and those who will continue to manipulate the price to make their clients earn more money.
Always like these are the best times to buy so if you are afraid stop following the price, either you buy or not follow the price, selling now will be the worst.

I agree with your point of view. Selling at this time is undoubtedly a very bad choice. It can be seen why the spot market has not been effectively supported because a large number of negative premium GBTC has diverted the funds that have entered the market. Fortunately, the biggest unlock of GBTC has been completed on the 18th and 20th. There are still a few not too big pens left in July. After that, there is almost no amount. After digesting the discounted goods, the appetite of institutions should turn to spot goods. In the long run, more and more institutions will enter the market. Bullish! do not move.

[Miaallen]

The market isn't good right now just like you said but those with great skills at forecasting the Cryptocurrency prices are making it huge with future trading.

Despite the market situation, one can still make huge some pending when market stops being bearish, and that might take more than a year.

[Gozie51]

Yes, now the market is not entirely disposed to trade crypto, but even now it is quite possible to try. In my opinion, with the right approach, the result may well be positive.

About trading cryptocurrency, there no time that is not good to trade it if you can have the techniques for that, whether bear or bull, there are profits to make for those who understand it. In bull trading for example, people still make losses despite the season you can make profit for those who understand trading.