goaldigger
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May 01, 2022, 09:11:03 PM |
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I will support many comments about the price and the fact that it is not low, just look at the prices for the last five years.The advice as always will be the same: save it and as much as possible, no one knows and no one can accurately give you a forecast.
Since no one can give accurate estimates for Bitcoin, then keeping as much as possible is a very good thing or option now, because holding Bitcoin will never lose as long as everyone can be patient waiting for a recovery in the market, because Bitcoin has become an asset. which is very valuable to be very well looked after. Patience is a big thing, if you see the market is not on a good position right now but eventually when this drop is over the price of Bitcoin will start to rise again and that is the continuation of the cycle in terms of the price trend. Its hard to know the exact reason for the dump, but if you do believe on Bitcoin you can choose to hold for more months or even years, just to sell on a bigger profit. Bitcoin is still the best for long term position, be patient and just enjoy the market while waiting for the bullish trend again.
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Woodie
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May 01, 2022, 11:13:06 PM |
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From how I see the markets in general, bitcoin is showing alot of bearish momentum in it and sooner or later it will have to dip a little deeper to grab any liquidity sitting down there in the 30k range...once this move happens then going up will really not be a big issue.
For now going for the short over the long is the likely move.
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GigaBit
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May 02, 2022, 02:57:06 AM |
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There is nothing new to say about Bitcoin. There is no end to the curiosity of those who are new to the crypto world about Bitcoin. Bitcoin holders are constantly growing. More volatile so price fluctuation is relatively high but it is in a normal process. There is no special reason here.
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fortuner
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May 02, 2022, 07:57:26 AM |
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From how I see the markets in general, bitcoin is showing alot of bearish momentum in it and sooner or later it will have to dip a little deeper to grab any liquidity sitting down there in the 30k range...once this move happens then going up will really not be a big issue.
For now going for the short over the long is the likely move.
To go down to the price of $30 thousand, I don't think it will be possible because right now the price of bitcoin is still around $39 thousand, even if the price of bitcoin will go down again, it will slowly stop until it reaches $34 or $35 thousand, that's for sure.
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CapGelatik
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Combo Network
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May 02, 2022, 11:09:16 AM |
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From how I see the markets in general, bitcoin is showing alot of bearish momentum in it and sooner or later it will have to dip a little deeper to grab any liquidity sitting down there in the 30k range...once this move happens then going up will really not be a big issue.
For now going for the short over the long is the likely move.
To go down to the price of $30 thousand, I don't think it will be possible because right now the price of bitcoin is still around $39 thousand, even if the price of bitcoin will go down again, it will slowly stop until it reaches $34 or $35 thousand, that's for sure. It's true I'm also sure Bitcoin will not go down that far but we have to keep abreast of its price movements, at this time the price of Bitcoin continues to decline and the trend is still up and down, maybe we need to wait for the bull market to see the Bitcoin price rise again
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FairUser
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May 02, 2022, 11:28:15 AM |
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Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.
Bitcoin's value is now so low, what's the reason? give your feedback?
When I was just joking with my friends that I had some bitcoins, they got suspicious and thought I was lying. Since it is not a small amount of money with the income they have so far, it is fortunate that I have come to know this market and always believe in myself and that the market will bring profits. that I can use to develop myself as well as things that benefit the lives of people around me. Perhaps the confusion about the view of money is always attached to the minds of many people that it is the goal that they must achieve in life. However, if they know that material things are only a tool to help themselves as well as harm themselves, and they are the ones who can choose that, I believe life will be simpler. But mistakes in knowledge, or experiences without observation, too dependent psychology,... are all motivating things or barriers that make us always have the same or different views.
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bitterguy28
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May 02, 2022, 11:48:25 AM |
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Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.
Bitcoin's value is now so low, what's the reason? give your feedback?
Obvious that your account name reflect in your posting here , look how you created this thread there are no even relation to the title and the body of the post lol. But the Value of Bitcoin is always depending in the supply and demand meaning if there are many users/buyers then the price will increase and if not then there will be decrease .
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bittick
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May 02, 2022, 12:52:51 PM |
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Better to see CMC again before you are tryint to say that the price of bitcoin was so low. Each of bitcoin needs to be exchanged with 40k USD. that's very expensive these days. Bitcoin will be going even expensive in the upcoming years from now. Fear and panic sell happened in the nasdaq and stock market. This is also affecting bitcoin trend that was trying to go down again after a huge pump that happened last month. The reasons probably unknown for now but so many predictions if we have been heading the bearish market since last year when bitcoin started to be dumped from 70k to the 40k. I think that this day bitcoin still remain the same as most unpredictable asset
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Ten98
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May 02, 2022, 01:44:47 PM |
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To go down to the price of $30 thousand, I don't think it will be possible because right now the price of bitcoin is still around $39 thousand, even if the price of bitcoin will go down again, it will slowly stop until it reaches $34 or $35 thousand, that's for sure.
Why is that certain? can you see it very clearly or can you know right away before Bitcoin actually drops to $34 or $35k? Because in general, everyone is always difficult to make predictions when market conditions are not as stable as it is today.
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lionheart78
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May 02, 2022, 10:12:39 PM |
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It looks like Bitcoin had slightly recovered today. Looking at the CMC it gains 0.62% from its closing price yesterday. I think the market will go sideways fluctuating from the range 37k-39k but according to one of the TA analyst on trading view, Bitcoin hit our target zone around support line of big rising channel in zone 37000-37500 Dollars.
Now price created pattern falling wedge which can push price to make upward correction impulse.
Target can be in first resistance zone 41.000-42.000 Dollars.
But I'm not exclude the possibility of another one decline to support level 37.000 Dollars.
And already from support level price can show us very fast upward impulse.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit ! It looks like Bitcoin is up for another price recovery in the next 24 hours.
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Vaskiy
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May 02, 2022, 10:23:30 PM |
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For a millionaire the price of $38k looks low, but for a common man this is a big price. If we compare to its ATH value, then the current price is low. With time there is variation and now it looks like recovering. Based on various predictions the market is supposed to drop low, when this is gonna happen isn't known. For that reason there is not much of buying and selling happening in the market which keeps the price move between ranges.
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kotajikikox
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May 03, 2022, 06:51:21 AM |
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Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.
Bitcoin's value is now so low, what's the reason? give your feedback?
It is wrong to call that Bitcoin is So Low because the way i see it? the price is still higher if we will compared to the previous years in which the value stays at 4 digits value , now we are ,maintaining the 5 digits price and yes we will stay this High . Bitcoin will at somehow take that dream 6 digits coin , in a year or 4? or at least 3 years from now. let us help this coin to the growing years by buying and holding it.
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2tang
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May 03, 2022, 07:06:21 AM |
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It's true I'm also sure Bitcoin will not go down that far but we have to keep abreast of its price movements, at this time the price of Bitcoin continues to decline and the trend is still up and down, maybe we need to wait for the bull market to see the Bitcoin price rise again
There is always a period of decline in the market and it is a very natural thing to happen so there is no need to worry or panic because the bull market is always there after the decline period is over and that has happened in the past where after the bull there is always a bear, and vice versa.
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sana54210
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May 03, 2022, 06:26:29 PM |
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When I was just joking with my friends that I had some bitcoins, they got suspicious and thought I was lying. Since it is not a small amount of money with the income they have so far, it is fortunate that I have come to know this market and always believe in myself and that the market will bring profits. that I can use to develop myself as well as things that benefit the lives of people around me.
This happened to me as well but in reverse. I told my friends that I invested into bitcoin way before 2017, it was around 2014 to 2015 period, and they were like "invested in what? what is that a game money?" and never cared about it. When the 2017 came in, I took my profit out and wasn't in bitcoin anymore, and they were all like "this guy got super rich from bitcoin!! kudos!!" and I kept telling them that I didn't made any money that matters, sure lived a comfortable life thanks to it and wasn't poor but wasn't in any means wealthy person, nor even considered rich, just had no debt at that point which is a unique thing in our nation.
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peter0425
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May 04, 2022, 07:40:32 AM |
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Bitcoin's value is now so low, what's the reason? give your feedback?
You created this account and this thread just to ask this nonsense and not even valuable question ? who told you that Bitcoin is "SO LOW"? where did you get that knowledge ? do you know how much the price of Bitcoin same Month last year? and same Month back in 2018? please stop being stupid to ask question that does not even in existence .
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MFahad
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May 04, 2022, 09:40:24 AM |
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Yesterday Bitcoin was down below 38k and all altcoin was down much but today Bitcoin again spikes to 39k. This upside movement may be just fake pump because today is Inflation meeting also and we may say see very volatile movement in BTC. Everytime when this kind of meetings held we have seen very volatile movement and very risky for future and short term traders.
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leea-1334
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May 04, 2022, 10:34:24 AM |
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From how I see the markets in general, bitcoin is showing alot of bearish momentum in it and sooner or later it will have to dip a little deeper to grab any liquidity sitting down there in the 30k range...once this move happens then going up will really not be a big issue.
For now going for the short over the long is the likely move.
That was my impression on 1 May Sunday, I was hoping to see a reaction from the market after breaking support but even the small rally going on right now is not enough to test,,, so expect that we push back and bounce off that 40k resistance (no longer support). 30k is coming soon so brace yourselves 
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CapGelatik
Full Member
 
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May 04, 2022, 10:38:24 AM |
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Yesterday Bitcoin was down below 38k and all altcoin was down much but today Bitcoin again spikes to 39k. This upside movement may be just fake pump because today is Inflation meeting also and we may say see very volatile movement in BTC. Everytime when this kind of meetings held we have seen very volatile movement and very risky for future and short term traders.
In conditions like this I think it is very important to always monitor market movements at all times, price movements are indeed very volatile and we never know what will happen next, maybe need analysis too and the important thing is to stay calm
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poodle63
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May 04, 2022, 02:04:13 PM |
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Still remain hard to predict for now. A small pump happened caused by the stock markets were also green. people are also expecting a huge trend will be starting after bitcoin already reached its lowest point. I hope that another bitcoin will retrace back again to the above 45k. The altcoins will be pumped so hard once bitcoin reached such level. These days any TA seems become useless. I can't give a lot of feed back for bitcoin but it seems when this become the lowest and another high will come soon.
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Johnyz
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May 04, 2022, 09:48:34 PM |
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Still remain hard to predict for now. A small pump happened caused by the stock markets were also green. people are also expecting a huge trend will be starting after bitcoin already reached its lowest point. I hope that another bitcoin will retrace back again to the above 45k. The altcoins will be pumped so hard once bitcoin reached such level. These days any TA seems become useless. I can't give a lot of feed back for bitcoin but it seems when this become the lowest and another high will come soon.
The pumped right now is a good sign of recovery, if we are able to break some resistance level then we might stay beyond $40k this Month of May and continue the up trend once again. Bitcoin is very volatile that depends on the world market situation, almost every market affects the price of Bitcoin so if there’s a good or bad news, always watch out for the price of Bitcoin. Today is a green day, but no one knows what would be the color of the trend in the coming days.
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