Dip, Dipper, Dippest

[kamvreto]

if you apply long-term investment of course you are ready with everything. The price continues to fall and is currently hitting $20k down, but the strongest support is at $17k and if it breaks we will be back to the bottom again. prepare your money reserves to buy cheaper, all possibilities will happen because at this time there are also many FUDs scattered about MT.Gox etc.

[Henrobakkara]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

Do you really want the price of Bitcoin to stay steady? if that were the case would you really invest in Bitcoin? as you said yourself, you are a long HODLer so you must understand that this is part of the market circle. I believe that we might see Bitcoins price a bit further down cos I don't think $17k was the bottom.

[alik111]

We know that crypto market is very uncertain. It maybe going to hit the dipper or it's just a correction. So always do technical analysis to know about the market situation.

[eaLiTy]

~
 Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

Since you claim that you are a long term holder, there is nothing to worry. If you want the price to be steady then why you are holding the coins rather than make transactions with it  . Everyone is here in this space because of the volatility and if you enter the market at a good rate then you will be reaping the profit if you are patient enough to hold for a few years.

If the market goes down further just consider it as an opportunity to average your investment rather than panicking as you are in a highly volatile market and you will see corrections every now and then.

[Jemzx00]

But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts.

You're a long term holder yet you want the price to be steady? May I know what do you expect in return on holding bitcoin if it's value is steady all throughout? The value of bitcoin is volatile due to various reason and as of now there are news which concerns it's price which is about Mtgox.
In regards if we are moving towards the dippest of the dip, unfortunately, noone will be able to know whether that is what will happen as various reason could still come up from which direction we will be going through.

[jrrsparkles]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

FYI, the price of Bitcoin never stayed in a constant region for very long time, it just keep moving upwards and downwards all the time due to many reasons affecting the economic structure of this world. Currently we are in the bear market because after the price touched $65K the price started to move downwards and now we are in the region around 20K and also nobody can say how low it can fall and when it will rise once it reaches its lowest value.

[rby]

But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts.

You're a long term holder yet you want the price to be steady? May I know what do you expect in return on holding bitcoin if it's value is steady all throughout? The value of bitcoin is volatile due to various reason and as of now there are news which concerns it's price which is about Mtgox.
In regards if we are moving towards the dippest of the dip, unfortunately, noone will be able to know whether that is what will happen as various reason could still come up from which direction we will be going through.

A true long term hodler shouldn't care much about price volatility. Bitcoin is not a stable coin and it must continue to make moves within the range it is. I believe in the analysis of Franky1, I don't know about the technical aspect of it, but when you see the logical aspect of it, you will understand that it is correct to believe. We are in thr window of 15k to 90k, anything can happen in this window.

[ololajulo]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

Bitcoin has been this way with price movement since it started, it is a money market that deal with demand and supply. a lot factors affect the price movement which include the coin halving in 4 year, miners reward, human psychology of traders, world economy, sometimes other altcoins etc. Halving separates the bull and bear market, whatever happens when the market is bullish either good or bad cant affect the upward movement, same as in the bear market that no good news can keep price going up. No matter your view in this market, a full 2 cycle is the only enough experience to talk about the coin's price

[Adbitco]

Most likely, but i must advise not to get weird over the sudden change in price if you are a strong bitcoiner and strong holder. Also you don't expect the price to be constant without any change which is likely to decrease or increase.
This may simply be a market correction to get another base. watching closely it was a bit stable at around $22k to $24k hitting $25k plus twice before finally going down to 21k then finally to 19k to 20k, so we should expect another great move.

[BIT-BENDER]

How long have you been holding Bitcoin? Let me answer that, from the looks of things not to long. If you have experience about Bitcoin and Crypto-currency you should know or must have heard about crypto-currency volatility that's what's happening to the market right now.

You probably didn't see when at year went to below $3500, what would you consider this to be? If you are truely what you claim (long term holder a price call of not more than minus $5000 shouldn't even give you the chills not even when you are holding Bitcoin.

I believe the most difficult part of the year may me this month of September and it could also be the year that channels Bitcoin into a bull run. Fingers crossed at that.

[cheezcarls]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

In my own instinct, anything can happen without warning especially the predictions, speculations and assumptions that we have for a specific coin or the entire cryptocurrency market.

We just simply don't know if $17k was the real bottom, but we have to be ready for anything. September is going to be a crucial month for us because of the Ethereum merge. Before it would happen, the market will be manipulated by the whales so that they could buy BTC, ETH, etc., at much cheaper prices.

The bear run won't end soon. Probably we might be touching $17k again or so. Just my opinion only.

[Doan9269]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually

If your presumption isn't accurate now doesn't mean it won't later be, the thing is we don't know when exactly the time will be for the bullrun to begin, but if i were you i will rather assume the whole year to move around that same range of $23k to $30k before we begin to het closer to halving.

Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world

You don't have to panic for nothing as long ad the rise is guaranteed

(I do not check the price daily. Is this normal?)

That isn't good enough especially if you're a trader

But why can't the price stay steady?

Because of volatility which is one of the reasons you wish to hold your coins as well, in other to make profit through volatility

[superscommessebitcoin]

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[2stout]

Dollar Cost Average (DCA) across what you think the bottoms may be and set up some limit orders.  Not the most perfect but may be the best way to "time" the market and not miss out bargains.

[jossiel]

A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.

The price won't be steady because it has always been volatile. Don't look at those tweets, they'll make you more emotional and could tend for you to start panic selling.

I've that title elsewhere and it's like a meme which has always make me laugh. 

Just focus on being a long term holder and you're just doing fine and anyway, welcome to the market for this how it goes for being one of the most volatile asset in the world.

[Asiska02]

The volatility of bitcoin is unpredictable. Influencers and the general public cannot predict the precise amount at any specific time, they can only make guesses. The market can go dipper than this or decides to skyrocket also depending on the nature of the market.
I enjoy making bitcoin predictions and analysis because they give me a means to determine the likelihood of what should be anticipated, even if I don't entirely believe in them. Some predictions are incorrect, some sometimes turn out to be true. No matter what happens, now is the perfect moment to buy and save for better times. I believe that bitcoin's volatile nature makes trading them more intriguing for investors.

[kryptocanon]

There have been too many rumours surrounding bitcoin lately and it seems to be a big one incoming that would hurt the market. However, the crypto market is unpredictable, what may turn out is not necessarily what someone anticipates at times. What you might have heard is probability and not 100% certainty. In case you've not heard, this is another and I think it seems to be the top news that got everyone panicking:
https://cointelegraph.com/news/mt-gox-rumors-panic-bitcoin-twitter-as-btc-price-returns-below-20k

[darkangel11]

OP, you can't see the big picture.
You were excited because BTC was at 23k? That's not a gain. The price was bad and it still is bad. It doesn't matter if it's 10k or 22k because it's below the 200 week MA, but should ewe care? Of course not. We know the real value of bitcoin and this event where central banks are trying to crash assets by increasing the price of fiat currencies should be a warning to people. Don't hold fiat currencies if you have a lot of them - spend them!

There have been too many rumours surrounding bitcoin lately and it seems to be a big one incoming that would hurt the market. However, the crypto market is unpredictable, what may turn out is not necessarily what someone anticipates at times. What you might have heard is probability and not 100% certainty. In case you've not heard, this is another and I think it seems to be the top news that got everyone panicking:
https://cointelegraph.com/news/mt-gox-rumors-panic-bitcoin-twitter-as-btc-price-returns-below-20k

Gox coins are a joke that people keep repeating at least since 2020... Please stop giving attention to this FUD.

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[AjithBtc]

Market volatility is common with cryptocurrency. The price that made a fall and bounced back $23k + is the impact of the relief rally. By the time most of the people thought it as the beginning of the bullish market. Now the market have begun to move sideways but it keeps up the $19k support level. Falling down to that could make the price touch down to $17k. This is my personal prediction and very few believe in the upcoming downfall in the price.

[TelolettOm]

That is how many people always spread FUD to make many people panic and stressed. SO far, the FUD can really work effectively to influence the market. It seems that there are certain interests from many sides that expect Bitcoin not to rise up to over $24k right now. We can see many funds are spreading as always the Bitcoin will struggle to increase, and then it is falling down again.
That is why, if you are a long-term investor, just holding them up, never influenced by the market situation right now because we know that the market is very volatile and not really well currently. If you are holding for long term, just buy more and hold them until your target is reached.