Why the price of Bitcoin still in such a state?

[Dhaniii]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

What you are saying doesn't matter.What the so called "experts" and analysts are saying also doesn't matter.
The Bitcoin price isn't determined by people's opinions and wishes.We are living in interesting times,where uncertainty and fear are dominating the markets.Nobody knows what will happen next week or next month.Making long term plans and predictions for several years ahead seems really difficult.
The Bitcoin price is in a pretty good place right now.There is volatility,but we shouldn't get depressed every time the price makes a 5-10% drop.

I agree that bitcoin is in a very good position and not in a bearish condition. don't measure it from the peak position of yesterday's price increase with the bitcoin price now of course the market is bearish but actually the bitcoin price is experiencing a normal price. bitcoin is still priced at $40k and has lasted a very long time, so predicting when bitcoin can go up and why bitcoin can go down is certainly difficult to predict with accuracy.

[Vaskiy]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

What you are saying doesn't matter.What the so called "experts" and analysts are saying also doesn't matter.
The Bitcoin price isn't determined by people's opinions and wishes.We are living in interesting times,where uncertainty and fear are dominating the markets.Nobody knows what will happen next week or next month.Making long term plans and predictions for several years ahead seems really difficult.
The Bitcoin price is in a pretty good place right now.There is volatility,but we shouldn't get depressed every time the price makes a 5-10% drop.

I agree that bitcoin is in a very good position and not in a bearish condition. don't measure it from the peak position of yesterday's price increase with the bitcoin price now of course the market is bearish but actually the bitcoin price is experiencing a normal price. bitcoin is still priced at $40k and has lasted a very long time, so predicting when bitcoin can go up and why bitcoin can go down is certainly difficult to predict with accuracy.

The market is in a good position. Maybe some big news could make an impact over the price of bitcoin. For now it has been moving within limits and people are much into panic thinking of drop in the price. Maybe if it breaks down to $38k we'll see $35k and if the price reaches the resistance barrier of $43k then the price will move to $45k easily. As of now the market isn't bearish and I consider this movement to be the common growth pattern.

[bitterguy28]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

It is your problem mate because you are the one kept saying that the market will be better but what are your basis?
before saying such word then you must have some graphs to show or at least other matter that will make the market grow, but if none? then best not to lure people believing in Lies .
https://coinmarketcap.com/currencies/bitcoin/
the market is showing good now , thought here are slight dropping yet 40k is still on board proving how good the market staying still.
and maybe this will maintain this positioning for the whole 2nd quarter.

I agree that bitcoin is in a very good position and not in a bearish condition. don't measure it from the peak position of yesterday's price increase with the bitcoin price now of course the market is bearish but actually the bitcoin price is experiencing a normal price. bitcoin is still priced at $40k and has lasted a very long time, so predicting when bitcoin can go up and why bitcoin can go down is certainly difficult to predict with accuracy.

Bitcoin is still in Bullish trend mate but we don't know what will come any time soon because the price cannot sustain to stay at least in above 40k for the whole week meaning changes are coming any time that we are not expecting .

[onecall123]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

No matter what, I think you'll keep stacking. While others question why bitcoin has crashed, everyone shouts that it is dead while it is still trading under 40k and millionaires like Saylor are buying by the truckload. Bro, it'll climb back up just like it has, so I don't see it dropping much further, but let's hope it stays low for a little longer so we can get in while it's at a record low!

People recognize the long-term investment in stocks, but not in Bitcoin. Some people born used to complain, stop yourself from using other mouth speech and stop complaining.

[Chato1977]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

No matter what, I think you'll keep stacking. While others question why bitcoin has crashed, everyone shouts that it is dead while it is still trading under 40k and millionaires like Saylor are buying by the truckload. Bro, it'll climb back up just like it has, so I don't see it dropping much further, but let's hope it stays low for a little longer so we can get in while it's at a record low!

is there someone here that shouts Bitcoin is dead? Am not sure if there are any unless troll or those account that has been losing in their investments because of greediness.

People recognize the long-term investment in stocks, but not in Bitcoin. Some people born used to complain, stop yourself from using other mouth speech and stop complaining.

let those who wanted to complain because in the end? it is them who will lose and none will profit lol.

Bitcoin will keep increasing no matter what they think it is.

[Reid]

How is it downhill if it didn't even hit less that $20k where the expectation are when it was at $9k or less.
Now that we saw it can hit $60k then we want more? Ain't that just greed?
We are lucky enough to see that it stays at this amount even at large amount of altcoins being created outside. Competition is a healthy way to know the strength of one asset but when it goes far like what is happening now it's bad for business. The value will decrease when they find better options and the same goes with the demand.

[fara_buduk]

experience.....
is the most valuable teacher in life....
why??
because I see many forum members who have been here for so long and have traded or long-term investments never asked about the decline in bitcoin maybe they will answer every time there is a question by giving positive arguments. this is because of mental and trading theory systems they are already strong so don't question the decline but take the best chance of market volatility

[darkangel11]

It's not in a bad state all things considered. We are facing high post covid inflation, a huge war in Europe, we might face energy shortages due to countries looking for new suppliers of natural gas and oil and global markets are reacting to the news. Bitcoin is acting much more stable this year compared to other bearish years. Go ahead and compare the last 4 months to the first 4 months of 2018 and you'll know what I'm talking about.

[Slow death]

If you've been in this market for a long time, you should have realized how it works, it never just goes up, it goes down after it goes up a lot. you can notice that:

1 - when the price reached 10,000$ it dropped a lot to 3100$

2 - when the price reached 20,000$ it also dropped a lot

3- when the price reached 56000$ it later dropped a lot to 28000$

4 - when the price reached 68000$ it later dropped a lot to 34000$

but it always goes up again, the market will always go up a lot and then it will go down a lot.

[Oceat]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

Well, expect the unexpected since Bitcoin is always that way and no one can tell no matter what prediction they made. What we do is to expect more adoption of Bitcoin and large institutional investors should invest in but most of these bigger companies aren't into Bitcoin yet. If you are a trader it might be quiet hard to earn some profit with the market condition since just like what you said the market was always going up and down and there's no certainty that when is the next pump or maybe a new ATH but I have a feeling we are closing to the bear market yet.

[Wexnident]

But my idea is wrong.

Pretty sure you already have the answer to your question. Plus I think your time frame is a bit too small? Bitcoin didn't reach its current status in just a few months, look at it in the big picture instead of a small one and you'd honestly be able to see that 2-3 months is nothing. It's going downhill because of the small perspective you have, so honestly just keep calm and wait, we're going pretty steady atm which is a lot better than dropping down like a few months ago, and that would mean that the market is stabilizing. Now as to when it will pump no one really knows, but it might be better to wait in a time frame of 1-2 years instead of months.

[Fundamentals Of]

Even a lot of experienced people must have failed in their own predictions. Nobody is experienced enough to be able to successfully predict what comes next in the price of Bitcoin all the time.

I cannot find a specific answer as to why the price is still not rallying toward $50,000 until now. I was expecting $50,000 even earlier. I don't know, perhaps there is a continuous sell off which somehow prevents the price from rising. Or perhaps many are already taking profit because they were able to buy back at around $32,000.

[Reatim]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

You are not allow to tell people about the market will go better when you know nothing about the currency you are referring .
and besides bitcoin is not going downhill instead it is now stable for a while, staying at 40k level in the last couple of days so why would you call this a downhill movement ?

and Bitcoin is still strong in this way , look at it now ? I believe that  we can see more of this situation for the whole 2022 and maybe there would be something we can expect better for the 2025 at least.

It's not in a bad state all things considered. We are facing high post covid inflation, a huge war in Europe, we might face energy shortages due to countries looking for new suppliers of natural gas and oil and global markets are reacting to the news. Bitcoin is acting much more stable this year compared to other bearish years. Go ahead and compare the last 4 months to the first 4 months of 2018 and you'll know what I'm talking about.

Let those pass , because there are many things that can happen here and there but remember that Bitcoin and crypto will maintain its momentum year after year.

[Taskford]

But my idea is wrong.

Pretty sure you already have the answer to your question. Plus I think your time frame is a bit too small? Bitcoin didn't reach its current status in just a few months, look at it in the big picture instead of a small one and you'd honestly be able to see that 2-3 months is nothing. It's going downhill because of the small perspective you have, so honestly just keep calm and wait, we're going pretty steady atm which is a lot better than dropping down like a few months ago, and that would mean that the market is stabilizing. Now as to when it will pump no one really knows, but it might be better to wait in a time frame of 1-2 years instead of months.

Even if we didn't see some great changes to the price which could make all people happy still we can say that we are in good position knowing that price of bitcoin stables at this current rate, maybe those changes we assume to happen will happen in future and I believe this bull run which people always discussing for is not gonna happen by this quarter or maybe on next since I think we can expect that to happen in next halving as history show this will always happen on this event.

[bots1]

In my opinion, the price of bitcoin stabilized after correcting a few weeks ago. However, as investors remain cautious, the price of bitcoin has fallen again in recent days, although the decline is in the $40k-$39k range. But no one knows for sure that the cryptocurrency and bitcoin markets are down. Perhaps one of the contributing factors is the increasing number of negative sentiments as well as the uncertainty of global macroeconomic conditions and the Russia-Ukraine geopolitical conflict that made traders nervous.

[el kaka22]

is there someone here that shouts Bitcoin is dead? Am not sure if there are any unless troll or those account that has been losing in their investments because of greediness.

Unfortunately there are too many accounts and people who keep on either trolling or maybe they are serious but keep saying that bitcoin will crash. They say this in a way like how they are "right" when it is going down, and they say it "just you wait!" type of way when it is going up. They have always failed, this is why I keep thinking that maybe they are trolls, but they are here and there.

Look at twitter, that is even worse, there are so many people who think they "mock" crypto while people make tens of thousands of profits, like more than their yearly salary, in a few weeks, only due to some good investments and they hate this fact and that is why they keep mocking and creating FUD.

[wxa7115]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

The market is like this because of the same reason as always, the supply and demand, the demand for bitcoin at the moment is weak and there is some sort of equilibrium with those that want to sell their coins, so there is not much of a reason for the price to go up.

Just accept the fact that your prediction was wrong and move on, maybe it will take a longer period of time for the price to go up or maybe the price will go down, but whatever the case make sure of taking advantage of whatever the market throws at you instead of sticking blindly to your predictions.

[ultrloa]

In my opinion, the price of bitcoin stabilized after correcting a few weeks ago. However, as investors remain cautious, the price of bitcoin has fallen again in recent days, although the decline is in the $40k-$39k range. But no one knows for sure that the cryptocurrency and bitcoin markets are down. Perhaps one of the contributing factors is the increasing number of negative sentiments as well as the uncertainty of global macroeconomic conditions and the Russia-Ukraine geopolitical conflict that made traders nervous.

Negative sentiments are normal after those dumps happening and most of the investor are cautious about putting their money on bitcoins since there are some negatives thoughts rotating in the market. But once everything goes right we can see a major changes that might affect the bitcoins pump again. Also at the moment price of bitcoin seems in good state and might we can see some little pumps in next following days.

[Kemarit]

In my opinion, the price of bitcoin stabilized after correcting a few weeks ago. However, as investors remain cautious, the price of bitcoin has fallen again in recent days, although the decline is in the $40k-$39k range. But no one knows for sure that the cryptocurrency and bitcoin markets are down. Perhaps one of the contributing factors is the increasing number of negative sentiments as well as the uncertainty of global macroeconomic conditions and the Russia-Ukraine geopolitical conflict that made traders nervous.

The Russian-Ukraine conflict is still at the background, so investors are going to be very reluctant and maybe they want some assurance first before investing again. And that's why it fit the pattern of a bear market this year, as the price goes down to $40,000 and there is the possibility that it can still go down if there will be another FUD or negative news. But then again, the uncertainty and geo-politics can be turn around by anti-bitcoin and use it to spread malicious news that will cause the market to decrease slowly.

[doomloop]

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

They say that the correction is still not over and that can be the cause of the fall because there are no bad news that appeared lately except only from the positive one's. Not only you but most of us have also predicted that btc price will be better by the time we hit the month of April because during month of march, the price is already showing a sign of increase but unfortunately it didn't continue, I think what happen is just a trap and we all have been fooled.

A lot of us made a mistake by predicting btc's value so don't down yourself too much because we didn't even blame ourselves for what happened. For us this was just a normal thing.