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Author Topic: Will Bitcoin Tank Following The Charles Schwab Indicator? Do BTC Investors Need  (Read 164 times)
CryptoQED (OP)
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October 21, 2022, 07:38:32 AM
 #1

The crypto market is giving investors no hope of recovery as the price of Bitcoin returns from its recent gain. In the meantime, futures trading remains the best way to gain from the crypto ecosystem.

Experts in the crypto world revealed that the current market situation results from several macroeconomic factors. These factors include the ongoing war between Ukraine and Russia and inflation. In addition, governments’ expenses have also increased since the break of the Covid-19 up to now.

https://cryptoqed.com/news/bitcoin-news/will-bitcoin-tank-following-the-charles-schwab-indicator-do-btc-investors-need-to-worry/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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348Judah
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October 21, 2022, 08:06:45 AM
 #2

This may only be applied to other cryptos but as long as you're dealing with bitcoin there no gridlock with whatsoever happens regarding bitcoin price because at the end things will normalise back and the price will also rise up, traders are quite making it up even at this present time with good and reasonable return, all you need is to study and know the right timing for it phase with bitcoin, there have always been bull and bear ober years and nothing makes this year's own different from the previous if you truly have the experience in the past.

R


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October 21, 2022, 08:19:58 AM
 #3

Your username is the same as the news site, are you working for them? Undecided Huh
The crypto market is giving investors no hope of recovery as the price of Bitcoin returns from its recent gain.
Many altcoins have no hope of recovering after this winter period, you are correct with that one, but bitcoin's recovery isn't even open to or for debate, the longer the winter season, the more weak hands are lost, and that is good for bitcoin.
Experts in the crypto world revealed that the current market situation results from several macroeconomic factors. These factors include the ongoing war between Ukraine and Russia and inflation. In addition, governments’ expenses have also increased since the break of the Covid-19 up to now.
These world issues may have played their own part in this period, but this is like a cycle for bitcoin, it has repeated itself before and it is now happening again, that is why people who have experienced it previously are not worried, but weak hands allow fud to get to them and they sell off, and they start buying out of fomo when the bull run kicks-off.

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October 21, 2022, 08:32:34 AM
Last edit: October 21, 2022, 03:46:12 PM by Dr.Bitcoin_Strange
Merited by fillippone (2)
 #4

Every Bitcoin investor is aware that we are still in a bear season, so they don't expect the market to go bullish soon. There is still speculation that Bitcoin might drop below $17k. The bear season is a time to fill your basket and hold on for the next bull market.

However, you should be aware that feature trading necessitates a skilled trader due to the potential for losses, so it is not advisable for a newbie to engage in feature trading unless they are highly skilled at it.

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October 21, 2022, 11:51:11 AM
 #5

It is an ideal period for consolidation and for those who want to enter into long-term investment, although now speculation is talking about the possibility of a decline rather than a rise or crazy fluctuations.

But if you are talking about the recent gains, which are about $70,000, we may need several years before reaching those levels.

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October 21, 2022, 12:14:27 PM
 #6

These articles usually tell you nothing. If you read it till the end you'll get to this part:

Quote
There’s no confirmation regarding the possible movement of Bitcoin during the expected recession. However, chances are that it could appreciate as a result of quantitative easing. But this is only possible if the Fed pulls off a strategy to handle the demand slowdown.
On the other hand, it’s also possible for BTC to dip even further due to the recession. The main reason is that stock markets barely perform well during the recession, and Bitcoin is no exception.

In other words, bitcoin could go up or it could go down. we don't know. What was the purpose of the article then? Oh, right, you get paid for it regardless of whether you have something to convey or not. 

Remember guys, the moment where everyone turns bearish is the moment when it's time to buy. Those who wait for another dip end up like people who were waiting for 1k bitcoin in 2019, when the price was 3k.

I didn't sell for 30k, so why should I sell for 20, or 19, or 18? People who write these articles don't realize that a large number of bitcoin holders will have to be satisfied with an offer to take it and will not sell unless that happens. People who did not sell now will not be satisfied if the price dips to 18k again. A panic move is when we go from 70k to 30k, but when that happens most people become immune to the market and don't react to drops from 19k to 18k. I think that there's not going to be a big panic move again, like the one we saw in June.

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