Today is the day

[Welsh]

even some influencers who are active when bitcoin is rising, but when the dump they are also silent .

Really? I find infulencers for the most part, just follow the current trend. That's basically their job, they try to make viral content, to get as many eyes on them as possible. So, them riding the wave whether Bitcoin is going up or down makes sense, and I do believe from what I've seen they're doing this.

It's almost trendy, to talk negative of Bitcoin when it's at the lower end of its recent prices, and then to bull it up when it's on the rise. At the end of the day everything a infulencer says, needs to be taken with a pinch of salt. This goes for your infulencers like Elon Musk, as he also proved to have this sort of mentality in the past.

[1715509325]

1715509325

[Silberman]

Before I left for work or 6 hours ago the price of bitcoin was still $20k, and now the price of bitcoin has dropped below $19k, it looks like the price will continue to fall because of the many FUDs, even some influencers who are active when bitcoin is rising, but when the dump they are also silent .

Bitcoin price is under $20k and I don't find it too surprising, remember we are still in bear season and it will last. There has been a very slight rally in the past few days but that was just a price trap, so don't expect too much and don't be surprised when the price continues to drop.

Crypto winter is sure to follow after we have a jubilant bull season in 2021, this year is a bearish year and a year of accumulation for bitcoin before it picks up speed again.

That is the only conclusion we can make out of all of this, it is unlikely we are going to see a miraculous recovery during this year and the next year is probably going to be more of the same, so we need to accept and learn to deal with the crypto winter we are going to face, for those which are new to this they have my sympathy as it is not easy to survive it, but if they can then they will reap the benefits of yet another bull run on 2024.

[Mpamaegbu]

I also think this is the right time to buy bitcoin at a low price.
We may not see prices this low again in the future, especially if the bitcoin price can reach above $100k.

Remember when you were saying 45k was a perfect buying opportunity?

Lol 😆... But you didn't expect anyone would've a perfect handle on the prices of these things. Did you? The best anyone would do is speculate on price. I understand that user's near certainty on Bitcoin price and I know it was occasioned by excitement. Sometimes people get carried away that the dip at the moment would be the bottom and then price springs another surprise, continues on a downward spiral. This thing happens and it's the same reason most early adopters aren't hodling Bitcoin till date. They got deceived by Bitcoin fluctuations and felt the prices they were selling were the highest Bitcoin could get to. I've read reports were some dudes said Bitcoin was going to see $10k. We may get there to that price. We may also not get there. It's just mere speculation the way I see it.

[BlackBaron]

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL

From the history of Bitcoin that I have seen, words like this always appear when Bitcoin is experiencing what it is today, dead and finished, in fact it is not, Bitcoin rises like a crocodile wanting to pounce on its prey, very quickly.

That's where all of us will regret, why me.....why me.....the train is going fast, no one can stop it, so think about Bitcoin for the future.

[BuNga_cute]

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL

From the history of Bitcoin that I have seen, words like this always appear when Bitcoin is experiencing what it is today, dead and finished, in fact it is not, Bitcoin rises like a crocodile wanting to pounce on its prey, very quickly.

That's where all of us will regret, why me.....why me.....the train is going fast, no one can stop it, so think about Bitcoin for the future.

We can study the history of Bitcoin movement to assure us that the future of Bitcoin will be bright. So there will be no doubts about Bitcoin,
even if the Bitcoin price shows a declining performance, Bitcoin will not die. We can see it from the history of Bitcoin movement, where the decline
in Bitcoin price is only temporary, because Bitcoin can always recover again. Therefore when the price of Bitcoin is at a low price like now,
we must move quickly to collect as much Bitcoin as possible according to our respective finances. As you said the movement of Bitcoin is very fast
and also volatile, so from a bear trend, it could quickly turn into a bull trend. So don't miss the opportunity to buy Bitcoin immediately when
the price is low, instead of delaying buying Bitcoin, then it will be regretful if the price of Bitcoin suddenly rises and we haven't had time to have
large amounts of Bitcoin.

[GeorgeJohn]

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL

From the history of Bitcoin that I have seen, words like this always appear when Bitcoin is experiencing what it is today, dead and finished, in fact it is not, Bitcoin rises like a crocodile wanting to pounce on its prey, very quickly.

That's where all of us will regret, why me.....why me.....the train is going fast, no one can stop it, so think about Bitcoin for the future.

when you scrutinized very well, you denote that majority who is rendering different kinds of name towards the falling of cryptocurrency and especially bitcoin this time is one year and two years Bitcoin experience investors. Actually in a normal circumstances cryptocurrency market never be stagnant in it's price or having a continuous increment without a reverse of values. I agree with you that cryptocurrency investment is future investment which you don't have to be expecting huge return of profit when you have not stay long in the cryptosphere to know it's regulatory system of locomotion.

[darkangel11]

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL

From the history of Bitcoin that I have seen, words like this always appear when Bitcoin is experiencing what it is today, dead and finished, in fact it is not, Bitcoin rises like a crocodile wanting to pounce on its prey, very quickly.

That's where all of us will regret, why me.....why me.....the train is going fast, no one can stop it, so think about Bitcoin for the future.

It used to rise every time but past performance doesn't predict future. I'm a holder and a believer in this world-changing technology, but I'd really hate to see the potential wasted by politicians, bankers and lobbyists.
I'm not the guy who stands there screaming "when Lambo?" but I also looks for patterns and signs of strength and weakness. Bitcoin following some patterns for years made me feel more confident and I'm starting to get worried when some of these patterns become broken and people who used to talk like they were smart start saying "I did not expect that, now I don't know where this is going".

[STT]

Good reaction to BTC today with a last minute rise from the monthly average, required really as it had fallen out of the bullish momentum prior.   At this moment it can reaquire the weekly average and attempt to surmount the 50 day average once again.
  If we close above 22600 on the daily bar and continue to close in that area or above tomorrow it can start to build positively.  So this is a very reaction today to being tested.  Today the FED news came out so I presume external interference is out of the way for now.  Im optimistic we can develop prices so long as we are above the 50 day average with weekly momentum retained this is really a good phase change back to positivity.

[Joshapat]

Happy because today the price rose more than 8% and returned to the level of $ 23k, I was more optimistic that in 2022 it would reach at least $ 75k, if we invest now then I'm sure I can profit 300% in 6 months or less, never panic When the price drops, but this makes the opportunity to continue to buy.

[Kemarit]

Happy because today the price rose more than 8% and returned to the level of $ 23k, I was more optimistic that in 2022 it would reach at least $ 75k, if we invest now then I'm sure I can profit 300% in 6 months or less, never panic When the price drops, but this makes the opportunity to continue to buy.

I'm sorry but I'm not seeing the price going to $75,000 though this year, we are still in the bear market. As far as the price goes today, yeah, another good jump and we never anticipated it. I thought that we will go back to $20,000 levels.

Yes, never panic, just continue to accumulate in this bear market. Nothing beats buying at cheap price and then holding it till the next bull run. Who knows, we maybe looking at 6 digits and hitting that $100,000 in the future.

[STT]

Dont think in calendar years is probably best, that whole scheme is not the best fit and if you do then remember to keep another perspective besides just purely the conventional straight line view.    BTC is acting positively right now but it'll take time to develop all the way through back that lump of volume we have overhead and easily it can be said to take this whole year.
    The OP calling out the last ATH is relying too much on what was a shaky unreliable price.   Not a big deal but dont form views based on singular events like that, its more about the development of the trend that matters.   I think we have a cease and desist on the negative trend prior, so a good rally near term seems fair to me, easily we should recover the higher 20k prices.   Likely we repeat the whole range a few times but its good to put some volume in this area, BTC was rushed a little too much previously.

[Davian144]

Happy because today the price rose more than 8% and returned to the level of $ 23k, I was more optimistic that in 2022 it would reach at least $ 75k, if we invest now then I'm sure I can profit 300% in 6 months or less, never panic When the price drops, but this makes the opportunity to continue to buy.

If the timeframe is 6 months I'm a little hesitant to hit $75k because it's too little time for Bitcoin to move from the current $23k price level although it could very well happen to Bitcoin. But the time is too short in my opinion unless the Bitcoin price is currently at $50k, but I would also be very happy if Bitcoin could be able to reach the $75k price level within 6 months because that is also an all-time high price level.

[Fara Chan]

We have it folks. The first time in bitcoin's history when the price went below the ATH from the previous cycle.
We also are below the 200 week moving average, which happens like... never.
We have a fear and greed index of 6, which happened only once in history.

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL

Almost everyone says that bitcoin will never die at least in the next 5 years, this is in line with what we have seen in the market for the last 5 years, the development phase of bitcoin has reached a point of decline in the previous year, where 2021 its movement reached several times the ATH.

After that there was a correction until now, the recovery was slow and then corrected again without pause, what can we conclude in this bitcoin journey, the annual cycle can be a source of reference, that bitcoin will react after a big correction, then when can we find ATH achievement?

Personally I still believe, in this year there will be surprises for bitcoin journey, at least until the end of the year.

[btc78]

Happy because today the price rose more than 8% and returned to the level of $ 23k, I was more optimistic that in 2022 it would reach at least $ 75k, if we invest now then I'm sure I can profit 300% in 6 months or less, never panic When the price drops, but this makes the opportunity to continue to buy.

it is near 24k today and yes we must be happy as this seems to be the start of the target 30k again this quarter(3rd quarter)

https://coinmarketcap.com/currencies/bitcoin/

though there are  some beliefs that we will still drop to 10-13k yet this is a  good news as those who wanted to take out their funds to be ready for the dumping season then at least you'll get your funds  with great increase .

[Epaper]

When the price of bitcoin plunged so deep from the ATH level many speculated that bitcoin would die. But in reality it never happened. If people are experienced and have been investing in bitcoin for a long time then the drop in the price of bitcoin is not surprising, they even take advantage of the price drop situation to buy and increase their portfolio and hold on for the long term to get big profits someday.

very good statement and it's true Bitcoin is not going to die, old traders and investors know that too,
when the market is bearish many people say "Bitcoin is Dead" but look what happens now? is the price of 1 Bitcoin = $20000 a cheap price? Of course No!,
when compared to 10 years ago it was only a few dollars, so why think about bitcoin died? buy and hold is the answer

That's right, bitcoin will not die. Speculation that bitcoin will die usually arises when the price of bitcoin drops dramatically and it's all part of one of the FUD strategies that deliberately spread fear so that they expect big sales and can collect as much bitcoin as possible when the bitcoin price goes up they will sell it for a big profit.

[Zanab247]

Happy because today the price rose more than 8% and returned to the level of $ 23k, I was more optimistic that in 2022 it would reach at least $ 75k, if we invest now then I'm sure I can profit 300% in 6 months or less, never panic When the price drops, but this makes the opportunity to continue to buy.

Yes, people that are used to the season of bearish never get panic whenever the price of Bitcoin go down in the market than to use the opportunity to buy more of Bitcoin and hold for a beautiful future to come. Despite the price has moved to $23, doesn't mean we have inter into bullish season, but it is a sign that bullish season is very near for those that invested a huge amount of capital on Bitcoin to get ready to achieve something good from their investment, because the price will definitely reach $55 before the end of August.

[SaveOurSea]

When the price of bitcoin plunged so deep from the ATH level many speculated that bitcoin would die. But in reality it never happened. If people are experienced and have been investing in bitcoin for a long time then the drop in the price of bitcoin is not surprising, they even take advantage of the price drop situation to buy and increase their portfolio and hold on for the long term to get big profits someday.

very good statement and it's true Bitcoin is not going to die, old traders and investors know that too,
when the market is bearish many people say "Bitcoin is Dead" but look what happens now? is the price of 1 Bitcoin = $20000 a cheap price? Of course No!,
when compared to 10 years ago it was only a few dollars, so why think about bitcoin died? buy and hold is the answer

That's right, bitcoin will not die. Speculation that bitcoin will die usually arises when the price of bitcoin drops dramatically and it's all part of one of the FUD strategies that deliberately spread fear so that they expect big sales and can collect as much bitcoin as possible when the bitcoin price goes up they will sell it for a big profit.

things like that are natural when bearish season arrives, in 2018 it was the same,
at that time FUD from China said that Bitcoin would die in the future,
but look now!, Bitcoin price is able to be at $24k and has reached $64k in 2021, so when FUD arrives then buy it!

[Webetcoins]

things like that are natural when bearish season arrives, in 2018 it was the same,
at that time FUD from China said that Bitcoin would die in the future,
but look now!, Bitcoin price is able to be at $24k and has reached $64k in 2021, so when FUD arrives then buy it!

Well you know china, they hate bitcoin because they also ban it but I think that event give a good scare to those unexperienced users because it's already a country that said it and not just random people that tries to spread fud although the one that china said right there is also a form of fud because them and only few other country have banned bitcoin but majority are still into it and won't ever do that no matter what because they see its benefits more than its flaws. That's right.

When someone is in doubt or in fear, we should took it as an advantage to accumulate more coins but whenever someone is positive or greedy then we need to do the opposite.

[Inspiron14]

today is the day! yes! this is the day for Altcoins, yes even though bitcoin is the cause,
 since altcoins have gone down that's the time to accumulate and buy as much as possible,
and now is the day to sell!, because I see there have been many altcoins with up to 100% increase in Binance,
of course we can conclude, that the altcoin market has potential.