I've been confused in BTC

[Ngemmeng]

yes, there is still a possibility that the price of bitcoin will fall again to a lower point.
if the bitcoin price hits $19k the next point of support is likely to be around $17k. converting assets to USDT or holding bitcoins is up to you most importantly you have to prepare yourself for something worse as crypto market conditions are hard to predict.

[OgNasty]

I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?

If there's one thing you can rely on when it comes to the price of Bitcoin, it is that it will continue to be volatile.  That means it will both be higher and lower than it is today.  Traders use this volatility to make money.  It will likely be a long time before cryptocurrencies see stability, as it is attempting to be a new asset class.  It's not for the faint of heart.

[yudi09]

A lot of people have been disappointed in the price of Bitcoin these days, but that's only natural because the market doesn't always go up. There are times when the chart goes down and there is a time when the Bitcoin price chart increases upwards.
Stay relaxed enjoying the market situation like this. I don't think Bitcoin will go down any further. The lowest price for Bitcoin if it continues to decline is around $17.5k - $20k.

We can’t guarantee the price of bitcoin upto how much it will drop, but the thing with BTC is it can still recover no matter how low the price is, it just requires more time to wait and patience to hold and to trust the process. If we know how to trade somehow we can still get profit though much riskier and stressful to decide what to but and sell especially if we plan to trade altcoins. Better know our priority if we tend to hold or trade or take this time to just accumulate since the price is still low.

He just wants to know if it's likely Bitcoin will drop any further? then the answer that can be answered is the range of $17.5k - $20k the furthest price if the decline continues and the price as I guessed is not a certainty.
It all takes time to expect change and Bitcoin will not decrease in value when the price continues to decline.
Everyone does not dare to guarantee the price of Bitcoin will reach what price because the market is indeed very difficult to predict and the best thing that needs to be done is to know how to strategy so as not to suffer losses if conditions are like today. The suitable trades in my opinion are long-term and I dare not say long-term strategies are suitable for Altcoins.

[imamusma]

Everyone does not dare to guarantee the price of Bitcoin will reach what price because the market is indeed very difficult to predict

Nobody really knows the future of bitcoin, but you can do some analysis and get good reasons why you should buy or sell it even when you see it hit a high price. Someone who is able to analyze will be able to take advantage of price volatility to make a profit, but not infrequently the analysis can also fail due to the influence of supply and demand.

If you are capable enough to do the analysis, then I don't think it is difficult for you to profit in the market. But what is certain is that it is difficult to maintain consistency of profits in trading because price fluctuations have the potential to occur at any time.

The suitable trades in my opinion are long-term and I dare not say long-term strategies are suitable for Altcoins.

Maybe you mean long term investment rather than long term trading. Long term investment is recommended for those who do not like to monitor price movements all the time and also for those who prioritize long term profits over short term. Long-term investors can minimize the possibility of panic that occurs when the market trend turns bearish which makes them more likely to take losses by selling. Since they have long-term targets, they can minimize their losses. However bitcoin is an asset that has the potential to increase in the long term, so long term investment is the best choice for them.

[livingfree]

It might be.

But do not be confused or disappointed. Things like this are basic in the bitcoin market and for the other cryptocurrencies too. We get to see that it goes down and that's volatility that moves the market up and down.

There's no permanent in the market if you just want it to stay at a certain price. Because time will move it and it's uncertain whether it will be that up or down for the next days that we'll see.

Just bear in your mind that we don't know what shall happen next. Bitcoin could be really down within the next few days or it will go up. That's how it goes for real.

[BuNga_cute]

It might be.

But do not be confused or disappointed. Things like this are basic in the bitcoin market and for the other cryptocurrencies too. We get to see that it goes down and that's volatility that moves the market up and down.

There's no permanent in the market if you just want it to stay at a certain price. Because time will move it and it's uncertain whether it will be that up or down for the next days that we'll see.

Just bear in your mind that we don't know what shall happen next. Bitcoin could be really down within the next few days or it will go up. That's how it goes for real.

As long as we study crypto properly from a trusted source, we will understand how the crypto market works. So we can better understand
the current situation with Bitcoin and be more patient in dealing with the current bear market. It should be like you said we don't need to be
confused by the volatile movement of Bitcoin, and see the movement of Bitcoin suddenly decline. Try to study how the history of Bitcoin movement,
we will find the fact that it is normal for the price of Bitcoin to move up and down. Moreover, Bitcoin moves because of supply and demand,
that's what makes Bitcoin movements difficult to predict and makes us never accurate in analyzing. That's why don't listen too much to other
people's predictions, which are not necessarily accurate. My advice is don't doubt the future of Bitcoin and just hold the Bitcoin we have until
the bull market comes, or if we have extra money can buy more Bitcoin. Because it is proven that Bitcoin is very profitable for long-term investments.

[wxa7115]

I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?

If there's one thing you can rely on when it comes to the price of Bitcoin, it is that it will continue to be volatile.  That means it will both be higher and lower than it is today.  Traders use this volatility to make money.  It will likely be a long time before cryptocurrencies see stability, as it is attempting to be a new asset class.  It's not for the faint of heart.

That is probably the only prediction that we can make which we can be sure it's going to be true for a very long time when it comes to the bitcoin market, and since this is the case people really need to learn to get used to this, and if they are unable to do this then they should begin to search for other assets in which invest.

However as you state this doesn't have to be a disadvantage, traders use that volatility to their advantage all the time, and the way to do this is by learning to use the tools we have at our disposal so we can trade successfully, however this is not easy and the majority of those which try this path lose their money.

[Lubang Bawah]

Bitcoin is a unique thing, what we think is impossible but can easily happen, when the price of Bitcoin is more than $ 60K and even reaches ATH at the price of $ 69k I think that it will not drop it again below $ 30k, even many people continue to recommend buying, unfortunately Bad things happen and of course become an important lesson for us.

[Reatim]

Bitcoin is a unique thing, what we think is impossible but can easily happen, when the price of Bitcoin is more than $ 60K and even reaches ATH at the price of $ 69k I think that it will not drop it again below $ 30k, even many people continue to recommend buying, unfortunately Bad things happen and of course become an important lesson for us.

but it always takes time mate , we cannot just take this to happen in short time instead mostly it took years before the impossible to happen.
Just believe in Bitcoin and everything will be on the right track to favor us all.
the more you hold is the higher chance to earn and profit.

[Pierre 2]

Don't ever think Bitcoin as something that always increases its price. It is future of financial markets. Its blockchain technology itself. Its alternative to fiat currencies. Its deflationary currency so wealth protection is awesome. Bitcoin created whole new fintech businesses all around the world etc. If you plan to use Bitcoin buy and HODL it passionately. You will never regret your decision. I never regretted what my Bitcoin invesdtment gave to me in life.

[Webetcoins]

Don't ever think Bitcoin as something that always increases its price. It is future of financial markets. Its blockchain technology itself. Its alternative to fiat currencies. Its deflationary currency so wealth protection is awesome. Bitcoin created whole new fintech businesses all around the world etc. If you plan to use Bitcoin buy and HODL it passionately. You will never regret your decision. I never regretted what my Bitcoin invesdtment gave to me in life.

This is one of the common mistakes of the people. They think btc is a get rich quick scheme that once they invest their investment will only grew infinitely. They forget the fact that btc is a volatile coin which value can go down. It is in fact easy to get rich if they know how to utilize the down moments of btc.

Btc is said to be the future of money and not in financial markets because when you say financial markets I think that is more in investing. I think forex is still going to be the leading when it comes to that matter. Btc is not a blockchain but it is living under the blockchain. The rest that you said is true though and I totally agree on that.

[South Park]

Don't ever think Bitcoin as something that always increases its price. It is future of financial markets. Its blockchain technology itself. Its alternative to fiat currencies. Its deflationary currency so wealth protection is awesome. Bitcoin created whole new fintech businesses all around the world etc. If you plan to use Bitcoin buy and HODL it passionately. You will never regret your decision. I never regretted what my Bitcoin invesdtment gave to me in life.

This is one of the common mistakes of the people. They think btc is a get rich quick scheme that once they invest their investment will only grew infinitely. They forget the fact that btc is a volatile coin which value can go down. It is in fact easy to get rich if they know how to utilize the down moments of btc.

Btc is said to be the future of money and not in financial markets because when you say financial markets I think that is more in investing. I think forex is still going to be the leading when it comes to that matter. Btc is not a blockchain but it is living under the blockchain. The rest that you said is true though and I totally agree on that.

In a way it is quite surprising that this is a common mistake when Satoshi himself never made statements like that, the people that believe that bitcoin is a get rich quick scheme have deceived themselves in order to have that belief, and while it is true there are a few lucky ones that can invest in bitcoin just at the right moment and earn a lot of money very quickly we must remember that they are the exception rather than the rule, and the majority of those which have earned a lot of money out of their bitcoin investments are the ones that have held their coins for a long period of time.

[mich]

Well for me I am ready for a big loss but am still suspect that we will reach new all time historic highs at some point but you have to be patient.
My best projections point to a huge rally and price recovery for early 2023 or later on in that year. Just HODL and you will be fine.

[BlackBaron]

I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?

This phenomenon happens every 4 years, everyone knows it, now is not a good time to buy Bitcoin, some value you save, will make you bright in the future.

You need to be patient in the current market conditions.

[|MINER|]

I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?

Don't be so disappointed it's a natural things in trading. We have had to face all these bearish seasons before. Bitcoin is now under 20k  it's position from the below of 70% of ATH .  But there is some signal that bitcoin can be create some resistance of 18k-20k So I think bitcoin price decline will not be able to hold for long time maybe we will see green signal after few time.

[Ngemmeng]

Bitcoin is a unique thing, what we think is impossible but can easily happen, when the price of Bitcoin is more than $ 60K and even reaches ATH at the price of $ 69k I think that it will not drop it again below $ 30k, even many people continue to recommend buying, unfortunately Bad things happen and of course become an important lesson for us.

if people know bitcoin from 2017 or earlier they certainly won't be surprised by this because in late 2017 until 2018 the bitcoin price also experienced an extreme price drop like it is today, even recovering and reaching the new ATH took years. The bottom line is that eventually everyone will get used to the highly volatile nature of bitcoin.

[Republikcoin.com]

if people know bitcoin from 2017 or earlier they certainly won't be surprised by this because in late 2017 until 2018 the bitcoin price also experienced an extreme price drop like it is today, even recovering and reaching the new ATH took years. The bottom line is that eventually everyone will get used to the highly volatile nature of bitcoin.

Of course, that's why I still don't feel panicked and swayed by what other people are trying to say about bad things for Bitcoin. Because I have seen price drops very often like now including price drops in the 2018 period after an increase in 2017 which in the end Bitcoin could also increase again from 2019 to last year. So be patient with these downside conditions if one wants to get a win holding Bitcoin.

[Fara Chan]

Of course, that's why I still don't feel panicked and swayed by what other people are trying to say about bad things for Bitcoin. Because I have seen price drops very often like now including price drops in the 2018 period after an increase in 2017 which in the end Bitcoin could also increase again from 2019 to last year. So be patient with these downside conditions if one wants to get a win holding Bitcoin.

That's why people need knowledge before entering the market, not just relying on the running hype, bitcoin has shown a long journey process, where there is a correction and pumping stage that always happens, the process will continue to happen going forward, so there's no need to panic for that problem, so that the bitcoin investment made will find the next ATH, so stay calm and don't panic, wait until the next quarter goes well

[kotajikikox]

The development of cryptocurrencies that is very fast makes the initial goal now changes, the concept of decentralization which is an alternative payment system has now changed to trading and speculation, of course this is the thing that makes the price of bitcoin and cryptocurrencies like the roller coaster so as to make us confused.

Yeah , the essence of Bitcoin being created had already change from currency Online to asset Online , now  people are more tend to Keep them hold than using in transaction in which lowering the chance of increasing or valuing the coins.

If only people will understand its use? I think adoption had already happened worldwide.

Of course, that's why I still don't feel panicked and swayed by what other people are trying to say about bad things for Bitcoin. Because I have seen price drops very often like now including price drops in the 2018 period after an increase in 2017 which in the end Bitcoin could also increase again from 2019 to last year. So be patient with these downside conditions if one wants to get a win holding Bitcoin.

That's why people need knowledge before entering the market, not just relying on the running hype, bitcoin has shown a long journey process, where there is a correction and pumping stage that always happens, the process will continue to happen going forward, so there's no need to panic for that problem, so that the bitcoin investment made will find the next ATH, so stay calm and don't panic, wait until the next quarter goes well

Money is all that matter here, if you have something to risk then enter and learn from your mistakes.

[Kadal Ijo]

Bitcoin until now is very fluctuating, prices like roller coaster are used by many people to find profits, as long as they have capital strength, it is easy to make $ 1 million to $ 3 million in a month or even less, but I suggest to continue learning and know more about the concept of bitcoin So it doesn't make us confused.