8 months low, no better time than now.

[ninis45]

bitcoin today formed a bearish wedge pattern, so after a decline from 28$k it broke below 20$k and this is still possible fake bitcoin bullish or real ..? maybe most of the forum members here are already hesitant to take advantage of the next decline and prefer to hold on and be patient because too many emotions we have conquered

[AmoreJaz]

bitcoin today formed a bearish wedge pattern, so after a decline from 28$k it broke below 20$k and this is still possible fake bitcoin bullish or real ..? maybe most of the forum members here are already hesitant to take advantage of the next decline and prefer to hold on and be patient because too many emotions we have conquered

indeed! in the past decade of bitcoin's existence, for long-time holders, they have been in a lot of roller-coaster ride of emotions. so what is different today then? if you are still holding, it means, you have very strong belief that btc has still good future. and no one can disagree with you because no one has the crystal ball to know the exact future of this market. as adoption is growing stronger, and so is the possible demand in this market. even if we are in this challenging period, people have high hopes because of the increasing number of people in this market.

[jaberwock]

Bitcoin is already low for 8 whole months. What a scary name of a topic. To bad people dont remember that after reaching a price of $20k in 2018, Bitcoin has been down for 2 years. 8 months, compared to this is still nothing. Everything depends on when you have bough your Bitcoins. Those who have bought it in 2017, dont understand what "low" are everyone talking about.

This might be scary for those who have bought at high prices but it is a golden opportunity who always wanted to buy bitcoin at lower prices.

Some people are still not buying at under 20,000$ as they are anticipating 15k or less.  It's better to buy now because when bitcoin will reach new highs over 70k, it will not matter much if you bought at 20k or 12-15k.

I think it is not "that" bad for the people who bought at a high price neither. I mean think about it, even if you bought at 68k, then if you could find some more money then you can buy at around 20k and drop your average to 40k, which we were at for so many months, and know that it is not that far off right now.

You can drop it even further if you buy more now than what you bought back in the peak times. Hence, the lower price is not ideal, it's bad, but it's not that bad for the people who did this as well. I believe that the best thing we could do right now would be to buy as much as we possibly can and without worrying about the situation and just hodl.

[Jatiluhung]

It should also be noted that it is not only bitcoin that is currently in a declining position but the entire sector. Stock markets and the world economy are in critical times. then that is also the cause of all sectors experiencing a decline. and the anti bitcoin began to use this opportunity to spread fud against bitcoin.

[8rch7]

Did you tired with 8 months holding and altcoin or bitcoin price still drop? You was lucky with 8 months about price from bitcoin and altcoin still lower but I have been more than one year keep hold my altcoin assets after dropping almost -60%. I don't think to cut loss because have faith and believing with bitcoin for next month have good news to recovery on higher price. Bad moment more than one year without any profit from trading and become long term investor or holding looks not really worth with altcoin price still drop and not have moment when back to the top price again.

[Oasisman]

bitcoin today formed a bearish wedge pattern, so after a decline from 28$k it broke below 20$k and this is still possible fake bitcoin bullish or real ..? maybe most of the forum members here are already hesitant to take advantage of the next decline and prefer to hold on and be patient because too many emotions we have conquered

What fake bullish? market is no bullish in the first place, so a fake bullish youre talking about isn't possible. There might be some dead cat bounce but the market today is experiencing a bearish run.
And, why hesitant in the next decline? aren't you here in 2018? there so much you can do than just holding during a sharp dip. You can actually accumulate more to make more profit in the next bullrun.

[dezoel]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

What if there was a better time than it had been 8 months ago, will you regret it, if it turns out that Bitcoin is far from being seen any deeper.

I'm starting to think Bitcoin hasn't shown its authenticity for the past eight months, this is just a test run, according to my observations it's much worse.

If you think that bitcoin is not real and it hasn't shown any improvement for the past 8 months and could go worse, then you are free to sell all of your coins and just get out, that way you will not have to worry about losing more money.

I am not sure if that is what you mean, but this is how the market works, people who do not trust bitcoin anymore could always sell and there is nobody forcing you to hold your coins forever, it would be insane to do that. The best thing we can do right now would be making sure that we don't go to the route where it's both risky, and also we still hold it because we fear or we sell because we fear, do not do anything with emotions, listen to your head.

[Ultegra134]

Bitcoin is already low for 8 whole months. What a scary name of a topic. To bad people dont remember that after reaching a price of $20k in 2018, Bitcoin has been down for 2 years. 8 months, compared to this is still nothing. Everything depends on when you have bough your Bitcoins. Those who have bought it in 2017, dont understand what "low" are everyone talking about.

This might be scary for those who have bought at high prices but it is a golden opportunity who always wanted to buy bitcoin at lower prices.

Some people are still not buying at under 20,000$ as they are anticipating 15k or less.  It's better to buy now because when bitcoin will reach new highs over 70k, it will not matter much if you bought at 20k or 12-15k.

I think it is not "that" bad for the people who bought at a high price neither. I mean think about it, even if you bought at 68k, then if you could find some more money then you can buy at around 20k and drop your average to 40k, which we were at for so many months, and know that it is not that far off right now.

You can drop it even further if you buy more now than what you bought back in the peak times. Hence, the lower price is not ideal, it's bad, but it's not that bad for the people who did this as well. I believe that the best thing we could do right now would be to buy as much as we possibly can and without worrying about the situation and just hodl.

It's not the end of the world if you've purchased that high, we've been presented with quite a few opportunities the past few days (below $19.000) while it has pretty much stabilized at $19.000 - $21.000. Still though, someone who bought that high will have a hard time recovering his losses and acquiring profit, providing that Bitcoin returns to its former glory. Chances are, that the next two years will be quite depressing for cryptocurrencies.

[Sanitough]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Bitcoin haters are fond of doing these fake news every time the crypto market is down, and this is not new to everyone here. While they always anticipate for the collapse of bitcoin and its crypto market, not even knowing that this will even gain us more interest in the market as the more prices are dipping, the bigger the opportunity to re invest again. So let them believe in their own lies, as they can't do nothing if they see us making great profits when the bullish season is here again.

[ninis45]

bitcoin today formed a bearish wedge pattern, so after a decline from 28$k it broke below 20$k and this is still possible fake bitcoin bullish or real ..? maybe most of the forum members here are already hesitant to take advantage of the next decline and prefer to hold on and be patient because too many emotions we have conquered

What fake bullish? market is no bullish in the first place, so a fake bullish youre talking about isn't possible. There might be some dead cat bounce but the market today is experiencing a bearish run.
And, why hesitant in the next decline? aren't you here in 2018? there so much you can do than just holding during a sharp dip. You can actually accumulate more to make more profit in the next bullrun.

dunno mate....
of some assets that may not be able to take advantage to get a discount is holding terra luna some time ago, and some of us sold it and started to pay in installments again from 24k$ to 18k$ and now to buy funds all have been bought while to sell we are still doubtful for the next trend, is there still a further decline like bitcoin reaching 10/15k$
and do i stop selling and buying....no buddy...
because 30% of my funds are dedicated to daily trading in both spot and futures

[Pamadar]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Bitcoin haters are fond of doing these fake news every time the crypto market is down, and this is not new to everyone here. While they always anticipate for the collapse of bitcoin and its crypto market, not even knowing that this will even gain us more interest in the market as the more prices are dipping, the bigger the opportunity to re invest again. So let them believe in their own lies, as they can't do nothing if they see us making great profits when the bullish season is here again.

Precisely, if you know how things work, then you will not be bothered by anything.

People who have that kind of mindsets are the one that being affected most when the market start to pump high.
There are good traders and experienced traders who treat this as opportunities to buy and hold more, long or short
they've got profitable strategy that will allow them to continue to enjoy whatever the market behaves.

[sklopan]

Here it is rather difficult to predict the further scenario. There are no guarantees that things could get worse.

[Ultegra134]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Bitcoin haters are fond of doing these fake news every time the crypto market is down, and this is not new to everyone here. While they always anticipate for the collapse of bitcoin and its crypto market, not even knowing that this will even gain us more interest in the market as the more prices are dipping, the bigger the opportunity to re invest again. So let them believe in their own lies, as they can't do nothing if they see us making great profits when the bullish season is here again.

Precisely, if you know how things work, then you will not be bothered by anything.

People who have that kind of mindsets are the one that being affected most when the market start to pump high.
There are good traders and experienced traders who treat this as opportunities to buy and hold more, long or short
they've got profitable strategy that will allow them to continue to enjoy whatever the market behaves.

It's funny that such people always bash on Bitcoin no matter the situation, if it's crashing they're shouting that it's finally dying and the bubble is bursting. On the other hand, if it's rapidly gaining in value, they'll still shout it's a ponzi and a scam, even after 10 years of its initial debut.

Bitcoin haters aren't going to change, despite the market situation, they'll always bash at it.

[lepbagong]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

8 months low? I thought this was 18 months low right? We have never seen bitcoin going less than 30k since last December as far as i can probably remember. I am sure it is not because of this anti environment fallacy and definitely not because of fed doing some random things with dollar because if that would have been the reason I am sure bitcoin would have pumped instead of going down. It's just mere market manipulations that are going on and won't stop until there is some good bullish consolidation.

it looks like what my friend said is correct, if the price is below $30K it seems that it has been happening since early 2021 and now it's happening again, indeed the current situation for bitcoin is never getting better. Many predictions have been made and the analysis carried out, of course, we cannot predict whether one of them is due to anti-environmental errors or because of market manipulation by the pope and big institutions. all just predict it but is this true, what is certain is that bitcoin is currently down and we will wait for surprises to rise again.

[Smack That Ace]

It should also be noted that it is not only bitcoin that is currently in a declining position but the entire sector. Stock markets and the world economy are in critical times. then that is also the cause of all sectors experiencing a decline. and the anti bitcoin began to use this opportunity to spread fud against bitcoin.

Yes, the whole economy is going through tough times not just the crypto market.

Always will be, when bitcoin is at its peak and keeps hitting new ATH they say the bitcoin bubble is about to burst and when bitcoin goes down they start singing that bitcoin will go to zero and it will die soon. All this will never stop, as long as bitcoin exists they will always find excuses to spread that lie.

[kamvreto]

It should also be noted that it is not only bitcoin that is currently in a declining position but the entire sector. Stock markets and the world economy are in critical times. then that is also the cause of all sectors experiencing a decline. and the anti bitcoin began to use this opportunity to spread fud against bitcoin.

Yes, the whole economy is going through tough times not just the crypto market.

Always will be, when bitcoin is at its peak and keeps hitting new ATH they say the bitcoin bubble is about to burst and when bitcoin goes down they start singing that bitcoin will go to zero and it will die soon. All this will never stop, as long as bitcoin exists they will always find excuses to spread that lie.

and the fact that is happening today, those who are anti-bitcoin are also secretly investing in crypto. Creating FUD is just a manipulative job to lower the price of bitcoin and buy it cheap. We've been through several periods where bitcoin is always hit with FUD which causes bitcoin to crash to the lowest price, and then we definitely know, bitcoin will return to the highest price and action to take profits will occur.
This cycle will keep repeating itself.

[BITCOIN4X]

and the fact that is happening today, those who are anti-bitcoin are also secretly investing in crypto.

Really? LOL, that must be a joke right?

Creating FUD is just a manipulative job to lower the price of bitcoin and buy it cheap. We've been through several periods where bitcoin is always hit with FUD which causes bitcoin to crash to the lowest price, and then we definitely know, bitcoin will return to the highest price and action to take profits will occur.
This cycle will keep repeating itself.

So, do you think China, which is known so far as being brave enough to ban bitcoin and everything to do with mining and trading, will also buy bitcoin when it's cheap?

Anti-bitcoin are those who really won't do anything to bitcoin other than just hate it, but manipulation is the way to go some people target profits on bitcoin by manipulating the market to buy low and sell higher. Manipulation is one of the habits of the whale, so it is different from anti-bitcoin.

[sklopan]

It is important to understand that even now the situation is not the best. If you analyze the bitcoin rate for all time, you can see that even now the situation has gone not far from the beginning of the fall...

[Hold-n-play]

Nobody knows if 17K was the actual floor for BTC and it could go lower than that.

However, if you aim to hold it, then yes, right now btc has a good price to enter as well.

Not a financial advice.

[ninis45]

Nobody knows if 17K was the actual floor for BTC and it could go lower than that.

However, if you aim to hold it, then yes, right now btc has a good price to enter as well.

Not a financial advice.

this is what is happening in the market for now, but we have to analyze the market for the next trend so we can see the price, although not necessarily that way we can get certainty, but what we do has a direction to be able to get the right buying and selling prices right because holding on too long is sometimes very boring