carlfebz2
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June 15, 2022, 07:34:23 PM |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Stabilize? No it cant happen yet price would be always volatile it could be that moving sideways but it would be on a short period of time which its impossible that it would really be staying like that forever. Market correction duration? No one really knows because the community and big players/instutions are the ones who do really determine about price movement depending on the buying and selling in between buyers and sellers which is something unknown. Thats why its not really bad to take up some chances on accumulating cheap coins as of this moment considering that we are on bear market where blood in the streets are everywhere.
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Wakate
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June 15, 2022, 08:48:48 PM Last edit: June 15, 2022, 09:03:53 PM by Wakate |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
There is no stability for Bitcoin because it is not a stable coin. Bitcoin is a very volatile coin and the price always fluctuation due to volatility. The market always go up and down and now it is in a bear mode. Many investors are panicking due to the uncertainty of the market. As at today, Bitcoin was able to reach $20k before bouncing back to $21K. The market is not stable and I'm sure with time everything is going to go to normal.
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famososMuertos
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June 15, 2022, 09:55:51 PM |
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If you read or heard an analyst say "x" thing, always contrast it with other opinions, you do not base your decisions on the guidelines of others, these should only be a reference, each decision is always individual.
We are at a time where any price range could even be temporary, how many weeks have we been in decline? for example, 30k(+/- ,3K) was a good point of stabilization, and there it was for some time and where we are now, focusing only on thinking about the stabilization of bitcoin is only part of the question in which we find ourselves, the point is; you could support(hodl) it (price) the indeterminate time it will take to return and/or even to a new ATH, that is the real question you should ask yourself.
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amihada
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June 16, 2022, 03:25:23 AM |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
No one can answer your question because basically the price of bitcoin is unstable. when the bitcoin price will recover even the big whales do not have an answer with. we can only see and monitor when the bitcoin price will recover.
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Crptomagma
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June 16, 2022, 05:07:02 AM |
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I wish there is any accurate answer to this question, because the current market price fluctuations is a big obstruction to this question. BTC may or may not be stable any time soon.
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KaliLinux
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June 16, 2022, 05:38:37 AM |
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How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Nobody knows, and let it run its course. Do not let us use one source to ascertain the position of the Bitcoin market which is so broad. On the other hand Bitcoin has generally reached ATH, so now that we are facing bear season it is appropriate from the beginning of June to be aware of price volatility. Don't panic, we're not going any deeper, even if it's deep then the later bounce will surpass the previous ATH. Above +$70K it's definitely a hit. Right, so even if it does go lower than $20k, the important question I ask myself is, Is Bitcoin dead? - No Will the Bitcoin market rebounce? - Yes So it might take a couple of years like the previous bear market or maybe not but the market will recover so it is left to you to decide what to do in terms of when to invest.
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davis196
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June 16, 2022, 06:12:34 AM |
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When will the Bitcoin price stabilize? NEVER. Bitcoin price was never stable. It will always be volatile. If you want stable prices just stick with stablecoins or pseudo-stable fiat money. Cryptocurrency exchanges collapsing? I see this as a win. It's time for Bitcoin to go back to it's "be your own bank" roots. Centralized crypto services offering insane dividends like Celsius will be thrown under the bus for good. The CEO of Celsius was talking extreme BS- "fiat banks are bad, we are good". Why? Because your are using crypto, but you are mimicking a real fiat bank(without being regulated)? The "fiat bad, crypto good" propaganda was always annoying to me, because it was coming from centralized crypto companies, that are no different than the fiat companies.
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dlightag
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June 16, 2022, 07:59:57 AM |
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Bitcoin stability is unknown to everyone, and Bitcoin price is a universal market that trading with a high volatile which many professional traders called it correction when market is Dip. Bitcoin is a digital assets, buy when is dip and sell when is high and make your profit. But when selling at high price, is another person entry point of buying, therefore do your own analysis and set up your goals.
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Leviathan.007
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June 16, 2022, 10:47:26 AM |
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Depends on what you exactly mean by saying where will Bitcoin stabilize in price, if you look deeply you can clearly understand the prices changes because of the supply and demand and due to changing the power of these two factors you can see sometimes the price will change and these changes and price movements are sometimes very sharp what's why people are saying bitcoin price is not stable but honestly I think there is the same situation in any market and it's just about the amount of art(average true range) of the markets, which is higher in bitcoin and cryptocurrency markets.
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LogitechMouse
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June 16, 2022, 11:00:30 AM |
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~ How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
After a year, or maybe after 10 years. Ohh wait, maybe in the next 100 years or in the next 1000 years. Maybe in the next, 10,000 years or maybe after 1 Million years. Got the point? Market corrections are pretty normal, but to ask when it will stop? TBH nobody knows, even the experts don't know when it will stop. The only thing that we can do is to predict base on what happened in the past, but to know what will happen in 100% accuracy? Nahh you're dreaming as F. I said it again. Bitcoin will not stabilize because there are no assets are stabilized.
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DapanasFruit
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June 16, 2022, 02:14:41 PM |
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Based on my own experience in the past, the real answer is that no one can really answer when the crypto market will be back for good. Yes, I think we are already in the winter stage again but I am sure that this will not be as long as we have experienced in 2018...who knows a month from now everything will be green and the confidence of the market can be showing up again. Or I can be wrong and this whole thing can be dragged into 2023.
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Smartvirus
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June 16, 2022, 02:53:40 PM |
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Out of sentiment, I think stabilisation is the last phase for bitcoin and that's just me (don't take me serious if you don't follow) and if that stabilisation is supposedly now, I greatly doubt. Meanwhile, supposing your talking about stabilisation in the context of where the correction is to end in this bear market, I can't tell you that, no one can actually! Predicting this dip was very elusive to everyone and even now, no one can actually state if th market would go further down or is set to meet a support line, keep retesting and then go into consolidation after a few bull moves. One thing is for sure though, bitcoin isn't going no where and the bulls will come jus when it's healthy enough.
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justdimin
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June 17, 2022, 09:49:10 AM |
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Bitcoin stability is unknown to everyone, and Bitcoin price is a universal market that trading with a high volatile which many professional traders called it correction when market is Dip. Bitcoin is a digital assets, buy when is dip and sell when is high and make your profit. But when selling at high price, is another person entry point of buying, therefore do your own analysis and set up your goals.
If people are unaware of the volatility of it, and can't comprehend the fact that it could be 20k today 100k tomorrow and 40k the next day, and keep being volatile like that for decades, then they shouldn't join it. This means that we couldn't really invest and make more the way people think like that, they should be first watching the market a bit and understand what it means to invest into something that volatile. Rarely anyone ever invested into anything that makes people earn or lose that much money, only the people who traded in leveraged forex trading may understand it, nobody else. So it will take some time to adjust to it.
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Bitcoinking99
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June 17, 2022, 10:52:13 AM |
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It is difficult to say where Bitcoin will be stable. Because the price of bitcoin goes up from time to time. We have no idea about the existence of Bitcoin. Now the price of Bitcoin is 21k. It is impossible to say whether the price of Bitcoin will increase or decrease in the future.
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Asiska02
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June 17, 2022, 12:00:25 PM |
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No one can tell when bitcoin will be stable again. But when you do your own research on how the market works and revolves you’ll definitely know what to do. Just buy and hold the coin for now, and wait for the market to bounce back soon. Listening to just analysis from experts or influencers won’t help you in this market. Rather do your own research and come to conclusion yourself.
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Mr.sprin
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June 17, 2022, 03:52:09 PM |
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There are those who predict bitcoin will fall even more at the end of the year, I take advantage of the current situation to invest in bitcoin I don't care about the prediction it will go down again or not, my goal is to invest now for me to save in the long term I believe bitcoin will go up again.
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Shamim11223
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June 17, 2022, 04:42:13 PM |
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Nobody can answer your queries in a decent way. Even those you called experts. In my opinion, the market will not recover sooner as many scam schemes have been exposed by the second quarter of 2022. Personally, i believe in the opinion of bitcoin will recover by the next halving scheduled in the next year 2023. And till that time coming up, the market will sway under 25k.
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cryptosize
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June 17, 2022, 05:34:19 PM |
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We will see in late 2022/early 2023 at most.
Some say 10-11k (which is below 2017 ATH and against historical patterns).
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Iadegbola34
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June 18, 2022, 06:21:32 PM |
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How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
No one on this platform knows where it will all end. If we have the accurate information about where the bottom and the top is, then won't we be a millionaire? and where will Bitcoin stabalize
"Stabilize", Do you mean the point where we can expect a bounce or the point at which bitcoin will lose a lot of its volatility?
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minairia3
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June 18, 2022, 11:57:24 PM |
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I think it will be stabilized after June. This month has historical data about the dumping situation. Every year in June we will see such kind of drama, panic selling will be increased a lot in June and December.
Now I stopped buying new bitcoins, I'm waiting for the last bottom, when it will be stable after June I will start buying again. I know it can be fallen again after June but I'm ready to buy every dip now. I don't want to lose this opportunity anymore.
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