Why the price of Bitcoin still in such a state?

[Silberman]

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.

Does it matter? What I mean by this is that some people care a lot about why something is happening at the market when the most important thing is what is happening at the market, it may seem a very slight difference but it is not, if the price of bitcoin is going down it is simply because the ones invested in bitcoin have decided as a group that is going to be the case, so what matters is what are you going to do about it and how do you take advantage of the situation.

[milewilda]

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.

Get used to it because the price had always been like this on which it could be moving sideways or on accumulation phase which it is something that not new into this market.
We cant really see a market to have continuous price increase and we know it could be composed of bearish or bullish movement where you would really begetting used to
it on the time that you would really be setting your foot into this place.You would really able to familiarize it out once you do gain up experience.

[goldkingcoiner]

I see the Bitcoin price struggling to break upwards because of all the bad news, bad news about the Russia-Ukraine war, FUD about Blockchain, countries who go against Bitcoin, countries that fail to keep promises regarding Bitcoin and overall the greed of said countries for more and more regulation.

So basically the price has been going up despite all the bad news. It has been struggling to break through to a new price level though, but thats to be expected when Bitcoin is going up and the Bitcoin price is being driven down at the same time by FUD and bad news.

Once the news grows old, the price will be free to head towards new levels again. 100k Can't wait.

[sayaya17]

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.

Get used to it because the price had always been like this on which it could be moving sideways or on accumulation phase which it is something that not new into this market.
We cant really see a market to have continuous price increase and we know it could be composed of bearish or bullish movement where you would really begetting used to
it on the time that you would really be setting your foot into this place.You would really able to familiarize it out once you do gain up experience.

Only people who are experienced in the crypto world understand how Bitcoin moves, or if we study Bitcoin properly it can also provide information
to us as to what Bitcoin's movement is like. Because the movement of Bitcoin is based on supply and demand, it is not surprising that the price is
very volatile and difficult to predict. Like when the year 2021 unexpectedly the price of Bitcoin could rise very high, but the problem is that
we cannot expect the price of Bitcoin to continue to rise, because the price of Bitcoin will also fall. It turns out that entering 2022 the price of
Bitcoin slowly decreases, until now the movement of Bitcoin looks sideways. What really matters is how we take a stand to see the movement of Bitcoin,
so it's not new if we look at Bitcoin sideways, decreased or increased. We just need to get used to how Bitcoin works, then automatically we will
understand what steps we should take.

[777Jolami]

The erratic rise and fall of Bitcoin's price has not been broken through recently due to a lot of bad news and tense developments in the world's political and economic situation in some places.  In addition, the effects of the COVID-19 epidemic also have an impact on bitcoin, I think the end of 2022 will have a strong recovery in bitcoin.

[Kemarit]

The erratic rise and fall of Bitcoin's price has not been broken through recently due to a lot of bad news and tense developments in the world's political and economic situation in some places.  In addition, the effects of the COVID-19 epidemic also have an impact on bitcoin, I think the end of 2022 will have a strong recovery in bitcoin.

Well we have seen the impact of Covid-19 already on the market. The thing is that we have bounce back from that, specially that it coincides with the Bitcoin catalyst for a bull run which is the halvening.

Now, it's the geo-politics that is affecting the price, nevertheless we are still above the threshold of a bearish trend. So I will say that we are still doing good at $40,000.

[bubidan.id]

Currently bitcoin is in a bearish phase, if we look at low time frames such as daily or weekly, bitcoin is indeed in a bear phase, therefore many investors choose to sell some of their assets, but in large time frames I see that bitcoin is correcting before continuing the ascension.

[tygeade]

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.

Does it matter? What I mean by this is that some people care a lot about why something is happening at the market when the most important thing is what is happening at the market, it may seem a very slight difference but it is not, if the price of bitcoin is going down it is simply because the ones invested in bitcoin have decided as a group that is going to be the case, so what maters is what are you going to do about it and how do you take advantage of the situation.

At times it does matter, maybe not this time but there are periods when it matters. For example when the price hit 64k for the first time in April of 2021, china "banned" crypto again, which they did a million times but they just ban a niche part of it each time, this one was mining I suppose, and Elon said he will not hold bitcoin anymore, or buy, or accept bitcoin payments for tesla something like that right around the same time as well, a few other minor things happened in bear move as well.

So all in all, that mattered because it looked like a coordinated attack. When those type of falls happen, it is dangerous to us all, but these ones we are seeing today? That's nothing, no bad news at all.

[ivankoh]

Why is the price of Bitcoin going downhill?

Lol, You should acknowledge that the reaction and price action of bitcoin depends on demand, market impact.  Anyone can make a true/false statement within the sphere of influence that natural value can form.  Bitcoin has an internal force that can change its price, adjusting based on fast or slow market factors.  That's what the volatile nature of the market makes, believe in the long term, and corrections are temporary.

[Marvell1]

The erratic rise and fall of Bitcoin's price has not been broken through recently due to a lot of bad news and tense developments in the world's political and economic situation in some places.  In addition, the effects of the COVID-19 epidemic also have an impact on bitcoin, I think the end of 2022 will have a strong recovery in bitcoin.

Well we have seen the impact of Covid-19 already on the market. The thing is that we have bounce back from that, specially that it coincides with the Bitcoin catalyst for a bull run which is the halvening.

Now, it's the geo-politics that is affecting the price, nevertheless we are still above the threshold of a bearish trend. So I will say that we are still doing good at $40,000.

As long as bitcoin continues to stay at 40k in current geopolitics, it is also a success.

After the covid pandemic has devastated a lot of the economy, now war and rising inflation are slowing down the world's development so don't expect too much in a year full of ups and downs.

We also had a very good year of growth last year and most profitable for investors, this year will be a year of accumulation rather than growth.

[speedy963]

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.

Does it matter? What I mean by this is that some people care a lot about why something is happening at the market when the most important thing is what is happening at the market, it may seem a very slight difference but it is not, if the price of bitcoin is going down it is simply because the ones invested in bitcoin have decided as a group that is going to be the case, so what maters is what are you going to do about it and how do you take advantage of the situation.

Which is exactly why it matters because if you do not understand what's going on you will most likely get rekt. Main reason why lots of people lose out on good gains and loses money instead is because they hardly have any idea what's going on and how things are connected with each other. Those people who only follow or rely on signals for their investments will mostly get rekt as well since when fast market movements happen they cannot react as fast as they should since they do not understand what they are doing and are just waiting for what other signal is next or waiting for the prediction to actually happen when in reality it may not anymore since some change has happened again in the market. Knowledge and the ability to apply that acquired knowledge in whichever suitable scenario is very vital for us crypto enthusiasts since we are in a type of market that is overly volatile.

[the ghabbar]

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.

This is actually how the market works for any coin, bitcoin is no exception.
there are even other factors that cause bitcoin to continue to be suppressed, so that there is a decrease in buying and selling prices, the utility of demand and spending is one of the reasons why bitcoin declines, although there are other things that affect

[ajochems]

Now the war of two countries was the cause of the huge dump in the price of the bitcoin.This was the good time to inverse your money in the trusted cryptocurrency.If you choose the bitcoin for the investment,then you had choose the correct option.When the war issue was solved,the price of the bitcoin will crossed to the huge high value.You will get huge profit in a short period of time.

[Sled]

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.

Most predictions are wrong, that was the reality, and why? We can't simply see what is coming because of the volatile nature of the market. I thought also that the market move forward as it has been too positive at the start of this year however, the momentum began to change as the conflict between Russia and Ukraine begins. The declining trend seems to continue deeper at this time, I think we even reach close to $30k but of course, this will never stay like this for a long-time, we expect recovery by then.

[Chato1977]

Crypto is volatile, anything can happen good or bad. I pray it comes out good.

You can pray but you must also do an action , because from there you can contribute to the increase and that will bring Good outcome . for more than 5 months now that we are experiencing a fall from the ATH back in November last year , so we are still hoping that there will be something best to come at least before the end of this year.

[Rockstarguy]

With what we are experiencing in the market this is the nature of bitcoin (volatility) , the best option for me is to keep on holding. I Have come across market value like this , with my experience it's for me to patiently hodl because the value of bitcoin will definitely increase unknowingly to anyone.

[Silberman]

Does it matter? What I mean by this is that some people care a lot about why something is happening at the market when the most important thing is what is happening at the market, it may seem a very slight difference but it is not, if the price of bitcoin is going down it is simply because the ones invested in bitcoin have decided as a group that is going to be the case, so what maters is what are you going to do about it and how do you take advantage of the situation.

Which is exactly why it matters because if you do not understand what's going on you will most likely get rekt. Main reason why lots of people lose out on good gains and loses money instead is because they hardly have any idea what's going on and how things are connected with each other. Those people who only follow or rely on signals for their investments will mostly get rekt as well since when fast market movements happen they cannot react as fast as they should since they do not understand what they are doing and are just waiting for what other signal is next or waiting for the prediction to actually happen when in reality it may not anymore since some change has happened again in the market. Knowledge and the ability to apply that acquired knowledge in whichever suitable scenario is very vital for us crypto enthusiasts since we are in a type of market that is overly volatile.

Something like that can be solved incredibly easy by just having a stop loss, the level of which you decide by using indicators which have nothing to do with the news, and even if you knew what is happening outside the charts if you have a successful strategy then you need to let the price to hit your stop loss and take you out of your position, so nothing changed, which is why I do not think it is important precisely because if there is an important enough news then it would be reflected in the charts sooner or later anyway.

[Quidat]

With what we are experiencing in the market this is the nature of bitcoin (volatility) , the best option for me is to keep on holding. I Have come across market value like this , with my experience it's for me to patiently hodl because the value of bitcoin will definitely increase unknowingly to anyone.

People should really be realizing this thing on the first place or on the time that they had set their foot that they would be mainly dealing with volatility and different market conditions
on which it would neither be too moving or on a sideways movement or bearish or decreasing behavior and vice versa.If you dont prepare yourself on something like this
then you would really be ending up on freaking out and boggling up your mind on whats the thing happening in the market which majority do knows
that it was just a normal stuff.

[DoublerHunter]

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, you are not wrong, you are on the right path just keep believing in it.
Dont look at the market daily or weekly, this will make you confused about the price. Keep your BTC in a safe place and come back after a year which is for sure BTC will fully grow. It is normal that the price of BTC will fluctuate because of its volatile nature that BTC has. So you don't need to worry if you can patiently wait. There will be a price waiting ahead for those people who can patiently wait.

[STT]

War would be a good reason, we're just a few moments away from accidental or purposeful attack vs NATO.   Putins actions are pretty dull lately its hard to tell if he has some personal problem perhaps.  Even if he lost this latest war its a bad trend, even if he stepped down its dangerous instability in a nuclear power and this is not when markets do well vs fear.   BTC is a market asset now subject to wider concerns.
  Its easily enough reason to spike tensions, markets retract, dollar spikes and the price of a great many things can suffer.   At the same time we have rising costs from the tail end of a global health crisis that killed more then in generations, you cant make stuff up happening in this sequential way would be enough to cause the great depression again; theres no question BTC does very well despite the headwinds from hell.