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markvin (OP)
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June 18, 2022, 12:11:57 PM
 #1

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period
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June 18, 2022, 12:53:26 PM
 #2

What is your opinion about BTC
Only people who are in complete control will know the specials of Bitcoin. a little explanation from me Bitcoin is the only coin that is the best among other good coins.

Apakah ini awal dari akhir atau hanya periode yang buruk
Hey friends, this is not the end of Bitcoin because this is exactly what the bad conditions are going through, and if you say this low price is true if we look and measure it with the Bitcoin price at the highest number, but if you look at it from the beginning Bitcoin is still very expensive, because you are a newcomer and you don't really know the history of Bitcoin.

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June 18, 2022, 12:55:02 PM
 #3

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

Beginning of what end? Aren't you been told about how bitcoin operates and the nature of it volatile moves, why will there be a created panic out of nothing on something that does not loose value but only moves in price base on the same economy demand and supply for good and commodities which is only an ordinary room to open for new investors as a result of low in demand and high supply, maybe you're once a victim from altcoins scams and think this also applies to bitcoin but i can tell you vividly that you're wrong, bitcoin still remains valuable and is only gathering momentum for a speedy move up
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June 18, 2022, 12:56:23 PM
 #4

Bitcoin, I believed, will rise again; it was just going through a rough patch. Bitcoin's decline is not the end of the story.
What happens to bitcoin when it falls in value has ramifications in all facets of life. A country might be in recession for a long time and then recover by more than 50%. As a result, never quit up in the event of a bitcoin crash. It will climb above our expectations once more.

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June 18, 2022, 01:29:05 PM
 #5

As it stands, this is what it is. You can take it or leave it. There is no choice but to hold at this time.

It's appealing that there is so much confidence, yet no one knows what's going to happen. A bounce back was expected at 20k, but unfortunately we have not been able to secure levels. I'll wait to see if the daily closure passes, but if it doesn't, the next target appears to be lower. Let's hope BTC bounces back. A new day brings a new depth. Hopefully, I'll see green days soon after buying it. Stay strong and take advantage of the opportunity! At those convenient psychological levels, stop losses will always be triggered, 18k and 19k seem more appropriate.

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June 18, 2022, 01:34:49 PM
 #6

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

And why the topic totally different from the actual content!
And as for what my opinion is on btc, I don't see anything different from what we already know, maybe this time will be a little aggressive than previous bear market but in the end btc always comes out stronger than before. This is not the end so you should stop worrying, this is a period you should take advantage of I wouldn't say bad.

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June 18, 2022, 02:05:28 PM
 #7

Is this the beginning of the end or just bad period
That is up to you to decide. When it comes to investments, you have to do your own research, as you bear the risk involved.

Bitcoin now has lots of historical data which anyone can look through if you need previous last records.

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June 18, 2022, 02:13:38 PM
 #8

We've already endured these market crashes from time to time. There are many bear market happenings over the past decade and this one is not an exception despite the big correction after reaching the all-time high mark of $68,000 last year. I know it'll come back for sure, but we should always be prepared for unexpected circumstances along the way because these kinds of bearish will continue as usual.

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June 18, 2022, 02:50:43 PM
 #9

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

Beginning of what end? Aren't you been told about how bitcoin operates and the nature of it volatile moves, why will there be a created panic out of nothing on something that does not loose value but only moves in price base on the same economy demand and supply for good and commodities which is only an ordinary room to open for new investors as a result of low in demand and high supply, maybe you're once a victim from altcoins scams and think this also applies to bitcoin but i can tell you vividly that you're wrong, bitcoin still remains valuable and is only gathering momentum for a speedy move up


1BTC is still 1BTC as long as you haven't sold them you still have nothing to lose. Bitcoin is not altcoins, many altcoins have dropped in price and they will probably never return to their original position after going through a bear market like today and our bitcoins are very different. BTC is falling and dropping a lot but bitcoin will end its bear cycle soon and then there will only be up and keep going up. Your failure with altcoin is not like you hold bitcoin, bitcoin is entirely different from the rest of the market.

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June 18, 2022, 03:31:35 PM
 #10

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

Beginning of what end? Aren't you been told about how bitcoin operates and the nature of it volatile moves, why will there be a created panic out of nothing on something that does not loose value but only moves in price base on the same economy demand and supply for good and commodities which is only an ordinary room to open for new investors as a result of low in demand and high supply, maybe you're once a victim from altcoins scams and think this also applies to bitcoin but i can tell you vividly that you're wrong, bitcoin still remains valuable and is only gathering momentum for a speedy move up


1BTC is still 1BTC as long as you haven't sold them you still have nothing to lose. Bitcoin is not altcoins, many altcoins have dropped in price and they will probably never return to their original position after going through a bear market like today and our bitcoins are very different. BTC is falling and dropping a lot but bitcoin will end its bear cycle soon and then there will only be up and keep going up. Your failure with altcoin is not like you hold bitcoin, bitcoin is entirely different from the rest of the market.
I agree with you
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June 18, 2022, 04:39:28 PM
 #11

What is your opinion about BTC and low price
In my opinion I will say that it is a normal nature  of btc. I also think that this situation brings a good dip to the traders.
Quote
Is this the beginning of the end or just bad period
I will compare it with a proverb-  As deep as the night , the morning to come to the near. So hodl And if you can, buy some btc by Using  this dip.


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June 18, 2022, 05:00:09 PM
 #12

Imagine calling 20k low!

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June 18, 2022, 05:04:48 PM
 #13

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

Welcome to your first bear market.
The more FUD and abuse you endure during this period, the more you invest in this titanic lookalike, the richer you get.
The bear market will show you that "doing nothing" isn't as easy as it seems.

So just bend over and cough and before you know it everything will be looking good again  Smiley

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 18, 2022, 05:54:43 PM
 #14

1BTC is still 1BTC as long as you haven't sold them you still have nothing to lose.

$1 equals $1 as well.  1 pubic hair still equals 1 pubic hair.  Crazy how that works.  I'd give as a rebuttal that the BTC I sold a couple of months ago are worth 3 BTC now.  While it's fun to pretend there's a Bitcoin standard, there just isn't.  It's as speculative investment as a person can make.  I'm pro-Bitcoin, but I hope people realize that the guys who are telling you 1 BTC equals 1 BTC are the ones also taking their companies public and trading their entire Bitcoin existence for massive amounts of dollars, or trying to use those Bitcoin to get people to give them dollars to manage it for them, which they will charge dollars for.  Don't be a fool.  Bitcoin isn't about having nothing to lose, it's about protecting what you do have.  We've gotten way off course.  I hope a drop to $10K acts as a course correction.

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June 18, 2022, 08:21:30 PM
Last edit: June 18, 2022, 09:55:58 PM by STT
 #15

BTC price action is continually below the 12hr average, thats quite aggressive negative.  We did attempt the 2 day average briefly but it failed, at that point be ready for a test of support which we have done and resolved downwards.


Weekend going into week start will I presume retest this loss of 19k or so.   Once thats checked we alternate to find the boundary below us and so on, its about the market finding its way through the dark back to a known path and greater confidence.

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June 18, 2022, 11:44:29 PM
 #16

Everything looks to be on the cyclic move. We don't know when this can return back on bullish track. Came across a thread in which it is mentioned about the price crash happening before 1.5 years before the scheduled halving. Now it is the same time period and for that reason price can increase slowly. The cyclic pattern putforth have got coincidence with the real-time movement in the market.

Based on technical parameters too, the market is found to have a negative move. So, this is the time for investment keeping focus the future growth.

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June 18, 2022, 11:49:24 PM
 #17

Everything looks to be on the cyclic move. We don't know when this can return back on bullish track. Came across a thread in which it is mentioned about the price crash happening before 1.5 years before the scheduled halving. Now it is the same time period and for that reason price can increase slowly. The cyclic pattern putforth have got coincidence with the real-time movement in the market.

Based on technical parameters too, the market is found to have a negative move. So, this is the time for investment keeping focus the future growth.

Definitely, in my opinion, this is not the end of bitcoin market.
This is just one of the many bearish seasons of crypto.
In no time, we may be seeing the market to be back.
But before that happens, make sure you've done your part of getting some more.
But this decision is entirely yours, your money, your choice.
How many times we have seen this downward turn, but it always rises unexpectedly?
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June 19, 2022, 02:06:09 AM
 #18

What is your opinion about BTC and low price

It's bound to happen because we are in a cycle, bulls/bears. Right now we are in a bearish market so obviously the price of bitcoin is going to go down. We really don't know what will be the floor price. But in the last 6 hours, I saw it getting to lows $17k.

Is this the beginning of the end or just bad period

This is not the first time that we have experienced this, more than 50%-85% drop in a bear market.. The thing is this is a great opportunity to fill your wallet with cheap bitcoin and then just HODL on them until the next bull cycle arrives.

R


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June 19, 2022, 03:26:00 AM
 #19

Everything looks to be on the cyclic move. We don't know when this can return back on bullish track. Came across a thread in which it is mentioned about the price crash happening before 1.5 years before the scheduled halving. Now it is the same time period and for that reason price can increase slowly. The cyclic pattern putforth have got coincidence with the real-time movement in the market.

Based on technical parameters too, the market is found to have a negative move. So, this is the time for investment keeping focus the future growth.

Of course, there is no super cycle, just the cycle that we are a familiar with, bitcoin halving -> reaches all time high-> bear market at least two years, rinse and repeat.

Maybe this is the OP's first bear cycle that's why he might have questioned Bitcoin's demise. But obviously, it's not, it will continue to exists despite the massive decreased that we have right now since November. It will be very hard as we are in the first half of the year. So another six months long crypto winter.

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June 19, 2022, 04:38:26 AM
 #20

What is your opinion about BTC and low price
Is this the beginning of the end or just bad period

It’s obviously just a bad period. The question is how bad will it get and how long will the period last. I would urge caution from those who want to rush into the market. A downtrend like this usually hits bottom and has an accumulation period that can last a year or more. There’s plenty of time to get in. Don’t get burned trying to catch a falling knife. Especially with leverage.

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