Our Dear Bitcoin and its price movement.

[patientforzhou]

With the advent of China's policy, it is still difficult for the price of Bitcoin to rebound quickly. Recent news that is not conducive to Bitcoin has caused many Chinese to sell Bitcoin. This is the fundamental reason why its price cannot rise. At the same time, due to restrictions on exchanges in China, the channels for converting fiat currencies into stable currencies such as USDT are limited. The decrease in incremental funds in the market is also one of the reasons why the price of Bitcoin cannot rise.

[Semar Mesem]

With the advent of China's policy, it is still difficult for the price of Bitcoin to rebound quickly. Recent news that is not conducive to Bitcoin has caused many Chinese to sell Bitcoin. This is the fundamental reason why its price cannot rise. At the same time, due to restrictions on exchanges in China, the channels for converting fiat currencies into stable currencies such as USDT are limited. The decrease in incremental funds in the market is also one of the reasons why the price of Bitcoin cannot rise.

China is the country with the most active crypto users, all of China's policies always affect the price in the market. but I'm optimistic that by the end of this year we can get new ATH.

[terrorJR]

seeing the fluctuations in bitcoin movements, this is actually a pretty good thing and as for buying bitcoins, there's actually nothing bad when buying any amount for now.
what must be done for now is maybe don't panic and don't get carried away into fud that can harm yourself, and maybe the most important thing now is to hold on as strong as possible because this can make you better if you need to add your assets as much as possible so that at least you can be calmer here.

[riso2015]

Yes, this is an opportunity for you to buy as much as possible considering bitcoin is in a very deep correction. So don't be afraid to invest because we believe bitcoin has a good future and the price will be much better than now. The most important thing is not to panic too much so you don't lose money.

[sana54210]

When I see the current market situation I feel that it is actually not really a good time to buy because we already reach lowest point in recent bitcoin price fall period. But I think it still okay to buy because we still can expect profit as long as we hold for long term, maybe for around 2 or 3 months. And I am sure that it is not the right time to sell because maybe we will face a bullish market trend again soon. So in my opinion it is just a correct time to hold. I already bought bitcoin and some cryptocurrencies when it's price almost reach lowest level so I actually have good position right now, if I sell now then I can get small profit but I will not do it. I will wait.

It is 100% definitely not the right time to sell. Nobody could know how much it could drop, maybe if you buy right now we may never see this price again, maybe it will go up so much that we may never drop a single dollar under this price, or maybe it is going to drop so much more, who knows maybe drop as much as 10k or 20k and that would be the best time to buy bitcoin.

However, selling is different, selling means that you know it will drop, there is no "maybe" about it, after you sell your coins that's final, unless it drops then you will be in a loss. This is why I would assume that if we already "know" that it will go up, and only "assume" it may drop, then we should act according to what we know and not what we assume.

[Botnake]

seeing the fluctuations in bitcoin movements, this is actually a pretty good thing and as for buying bitcoins, there's actually nothing bad when buying any amount for now.
what must be done for now is maybe don't panic and don't get carried away into fud that can harm yourself, and maybe the most important thing now is to hold on as strong as possible because this can make you better if you need to add your assets as much as possible so that at least you can be calmer here.

Based on its chart, the price has been around $42k to $45k and it always comes back and forth. So if you are planning to buy now and hold it for long term, then i think it will be a positive move. Although we are not in its dip price, but we know for sure bitcoin will never stays in dump but it will always  comes up rising. So never doubt on buying bitcoin now. We might wake up the following day and sees bitcoin has crossed the resistance level of $45k, and it will move forward by then.

[terrorJR]

seeing the fluctuations in bitcoin movements, this is actually a pretty good thing and as for buying bitcoins, there's actually nothing bad when buying any amount for now.
what must be done for now is maybe don't panic and don't get carried away into fud that can harm yourself, and maybe the most important thing now is to hold on as strong as possible because this can make you better if you need to add your assets as much as possible so that at least you can be calmer here.

Based on its chart, the price has been around $42k to $45k and it always comes back and forth. So if you are planning to buy now and hold it for long term, then i think it will be a positive move. Although we are not in its dip price, but we know for sure bitcoin will never stays in dump but it will always  comes up rising. So never doubt on buying bitcoin now. We might wake up the following day and sees bitcoin has crossed the resistance level of $45k, and it will move forward by then.

that's a sure thing and actually it's still a pretty low number compared to a few months ago.
and indeed there is nothing wrong and it is never too late to buy bitcoin because indeed if you look at the graph, you know that bitcoin continues to progress rapidly and it is not impossible for bitcoin to be able to shoot even more months from now.
just waiting for the right momentum and hoping that bitcoin adoption will increase this year so that there is good news that emerges after a few days of bad news.

[Luqman]

What have you noticed lately about the price fluctuation of our dear bitcoin?

So far, there is nothing wrong with Bitcoin fluctuation. If there is a pump and dump, it is normal, can happen in any crypto coin. Because it is a bullish season, we still can expect that Bitcoin price increase again after the current dump. So, don't worry about your Bitcoin if you are still holding some. Just wait for the next pump, then you can sell it at your expected price.

[junmisakiro]

Judging from the downward trend experienced by this new market, it can be said that it is still within reasonable limits and now is certainly the right time to buy bitcoin or some other popular altcoin, Bitcoin has the potential to return to $50k more because during the recent downturn bitcoin has been trying to return to that price level but bitcoin was only able to stay at $48k for a while and then the price fell again to date.

[ultrloa]

What have you noticed lately about the price fluctuation of our dear bitcoin?

So far, there is nothing wrong with Bitcoin fluctuation. If there is a pump and dump, it is normal, can happen in any crypto coin. Because it is a bullish season, we still can expect that Bitcoin price increase again after the current dump. So, don't worry about your Bitcoin if you are still holding some. Just wait for the next pump, then you can sell it at your expected price.

We are in open market so we can really assume to have that movements since not everyone can able to hold and also many do a dump and pump scheme on this that's why fluctuation always happen on the market. And its no good for us to get panic with the movement even if there's a fud spreading since we can actually earn back what the value decreased once the pump back happen since for sure whales always buy up at cheaper price and pump bitcoin back again to gain profits.

[Kusman]

The current situation of Bitcoin price doesn't give me a green light to be honest. After China government stated that it has banned cryptocurrencies, the market and Bitcoin have been affected badly by the news. Lately, it is trying to hold onto a level above $40k. But I'm afraid of the possibility that it will go down to a level between $30k and $35k again and get stuck there for a long time.

[BuNga_cute]

The current situation of Bitcoin price doesn't give me a green light to be honest. After China government stated that it has banned cryptocurrencies, the market and Bitcoin have been affected badly by the news. Lately, it is trying to hold onto a level above $40k. But I'm afraid of the possibility that it will go down to a level between $30k and $35k again and get stuck there for a long time.

China deserves to be hated by the crypto community, because it always causes trouble and repeatedly spreads FUD. With the Chinese government
that states ban Bitcoin, has a bad effect on the market. But we should not be pessimistic and negative thinking, it will only make us stressed
and panicked. I still believe Bitcoin will recover, and could return to ATH prices before the end of the year. So I prefer to ignore the negative
news regarding Bitcoin and focus on collecting Bitcoins until my target is achieved.

[Anguwa]

The current price fluctuation of bitcoin according to the latest news trend about chain given some restrictions on mining, at this particular time it looks a bit scary for me to invest anything can happen. But the trust I have in bitcoin gives me the zeal that it will surely rise. Therefore this is a time to hold and have more patience as it will do well soon.

[Fakhrulenclix]

I think that in the future a new high price will be reached for bitcoin, currently the price movement is quite stable without any significant movement after the price correction a few months ago, so I really like what many people have said about the prediction of bitcoin price which will reach 100k, I think it will be when the bull market comes in the near future, hopefully.

[SquallLeonhart]

China deserves to be hated by the crypto community, because it always causes trouble and repeatedly spreads FUD. With the Chinese government that states ban Bitcoin, has a bad effect on the market. But we should not be pessimistic and negative thinking, it will only make us stressed and panicked. I still believe Bitcoin will recover, and could return to ATH prices before the end of the year. So I prefer to ignore the negative news regarding Bitcoin and focus on collecting Bitcoins until my target is achieved.

I would assume that by this time we should have been just ignoring them already, right? I mean I do not get why people are still getting FUD as soon as China says something bad regarding crypto, let it be because we all know that it will not be something too huge, it will be something that is expected and for some reason people are still getting worried about it.

I personally feel like it is business as usual whenever they something bad and it is not logical to see them actually do something that would hurt bitcoin, they do not have that power anymore, they keep making bitcoin more and more illegal, I do not remember how many times I heard "China bans bitcoin" news in my life, it is always a different part of it, but they keep banning it probably twice a year for the past 5 years. If we are still not used to it, that is on us and not on them.

[dbc23]

The essence of holding down a coin is for a long term profit and with long term profit in view bear moments wouldn't be much of a concern to you most especially if you invest in a project such as bitcoin.  If you bought and the price decline hold-on if possible buy more and hold with the expectation of more profit.

[CryptopreneurBrainboss]

What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.

The fud isn't over yet so most likely the market is going to declined further. China are still dashing out more fuds with their recent news. I'll recommend not going all in now unless you have long term plans. For now you can buy into the market in fractions so you have funds left to get more discount coins if the fud continue further.

We might most likely test the $39k price range in the near future but that shouldn't take out the fact that the market still has some bullish strength left maybe just one push and this will be happening before the end of the year so you should be seizing every opportunities the market is currently presenting to get hold of discount coins.

[terrorJR]

When I see the current market situation I feel that it is actually not really a good time to buy because we already reach lowest point in recent bitcoin price fall period. But I think it still okay to buy because we still can expect profit as long as we hold for long term, maybe for around 2 or 3 months. And I am sure that it is not the right time to sell because maybe we will face a bullish market trend again soon. So in my opinion it is just a correct time to hold. I already bought bitcoin and some cryptocurrencies when it's price almost reach lowest level so I actually have good position right now, if I sell now then I can get small profit but I will not do it. I will wait.

it goes back to the rights of each person with TA and the research they make.
and maybe what you say is true now is not the time to buy, but it only applies to people who indeed they are here only to trade daily.
but when we are here for long-term investment it really doesn't really matter when buying now and what is certain is that when it is purchased you must be ready to hold the coin.
and perhaps the most important thing here is that it will actually be very easy when we are in a position to buy and sell and it will be difficult when we are in a position to hold coins.
so, take advantage of the time while we can add coins, why not do it. because it is never too late to adopt coins, especially for long-term investments.

[Luqman]

And its no good for us to get panic with the movement even if there's a fud spreading since we can actually earn back what the value decreased once the pump back happen since for sure whales always buy up at cheaper price and pump bitcoin back again to gain profits.

Panic is always a bad attitude, it can trigger us to sell our Bitcoin at any price, even it is at a very low price. I never sell my Bitcoin when I am in a panic, I prefer to check everything first or do some analysis before making a decision. FUD is one of the biggest challenges for crypto holders, I am very aware of this. I know FUD is mostly created by whales to make use be fear. So, sometimes I just ignore it if I think it is not necessary.

[BuNga_cute]

China deserves to be hated by the crypto community, because it always causes trouble and repeatedly spreads FUD. With the Chinese government that states ban Bitcoin, has a bad effect on the market. But we should not be pessimistic and negative thinking, it will only make us stressed and panicked. I still believe Bitcoin will recover, and could return to ATH prices before the end of the year. So I prefer to ignore the negative news regarding Bitcoin and focus on collecting Bitcoins until my target is achieved.

I would assume that by this time we should have been just ignoring them already, right? I mean I do not get why people are still getting FUD as soon as China says something bad regarding crypto, let it be because we all know that it will not be something too huge, it will be something that is expected and for some reason people are still getting worried about it.

I personally feel like it is business as usual whenever they something bad and it is not logical to see them actually do something that would hurt bitcoin, they do not have that power anymore, they keep making bitcoin more and more illegal, I do not remember how many times I heard "China bans bitcoin" news in my life, it is always a different part of it, but they keep banning it probably twice a year for the past 5 years. If we are still not used to it, that is on us and not on them.

We can see the current Bitcoin price is up 11% in 24 hours, this proves that we really don't have to worry too much about the circulating FUD.
Because eventually Bitcoin will recover, and if we can be patient with the circulating FUD, then we can make a profit. Like you said, China has
banned Bitcoin so many times, I can't even remember how many times China has done that. The conclusion is that if we believe in the future of
Bitcoin, don't be influenced by the circulating FUD, if the price of Bitcoin falls it is normal. So just focus on collecting Bitcoins, let the Chinese
government do what they want, because as long as we don't panic everything will be fine.