How do you interpret the fluctuation of Bitcoin price ?

[AmoreJaz]

It's quite normal in the crypto space, but the good thing now is that the price has already pumped and remained at the $20k level. I believe that from here we will see a stable increase that could possibly result in a bull run. The only advice I can give is to buy when there's FUD (fear, uncertainty, and doubt) as it always gives us an opportunity, assuming that you believe Bitcoin will survive despite experiencing a significant dump.

there will always be this up and down movement in this market, and it is up to you how you will act on this to take advantage of the opportunity. the fluctuation won't go away anytime soon as this is still the major feature of crypto market. the volatility factor is one major factor why this market is very attractive to traders.

[Distinctin]

Bad news is arguable =)

If you're a trader/speculator and you've got expiring long bets, sure.

If you're a DCA guy and you haven't met your target hoarding (hello, that's me), then it's more time and opportunity to get Bitcoin below $20k, knowing that's not going to last forever.

FUDs are always inevitable when Bitcoin suddenly drops its price, without understanding that bitcoin is highly volatile so it’s expected to see some price swings from time to time. However, seeing this sharp decline, I believe it’s even a bigger opportunity for long term hodlers to continue DCA while the price is now affordable. But for narrow minded investors, this will cause them panic and end up selling their bitcoin at a losing price.

[Botnake]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Bitcoin price fluctuations is already part of a highly volatile market as you won’t expect for bitcoin to keep on surging high without even dumping its price at some point. So it’s never a new thing for us. But for beginners, I can see that this will be a threat for them and believe that bitcoin is not a potential investment. However, for smart investors on the other hand, this will bring them another opportunity to invest while the market opens a good entry.

[nullama]

~snip~
Bitcoin price fluctuations is already part of a highly volatile market as you won’t expect for bitcoin to keep on surging high without even dumping its price at some point. So it’s never a new thing for us. But for beginners, I can see that this will be a threat for them and believe that bitcoin is not a potential investment. However, for smart investors on the other hand, this will bring them another opportunity to invest while the market opens a good entry.

The thing is that if people keep thinking about fiat price of Bitcoin then they will probably miss the whole point of Bitcoin, which is to have an independent economy.

At the end of the day the purchasing power of Bitcoin will increase over the long term, so focusing on short time-scales noise is not really that relevant.

[Inwestour]

there will always be this up and down movement in this market, and it is up to you how you will act on this to take advantage of the opportunity. the fluctuation won't go away anytime soon as this is still the major feature of crypto market. the volatility factor is one major factor why this market is very attractive to traders.

If we are talking about long-term investments, then there is nothing to worry about, it will bring results in the future. In addition, this time can also be used for trading, if I buy now when the price has dipped, then I will sell when it rises +10% or higher, and if the price continues to fall, then I will not worry about this, because I so I buy bitcoin for long-term investment. To some extent, this is risk-free trading for me.

[yazher]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

It's still good to invest when the price has dropped like what we are seeing today and you need to remember that it's not like other cryptocurrencies which might not recover after their price has dropped because of multiple negative reasons. In bitcoins, we don't have that scenario and when you are willing to wait and patient enough to wait for the next bull runs, you will surely going to be happy and your sacrifice will automatically pay off. That's just how good bitcoin investment is, and if only they wait long enough, they could have seen the price rise up to $30k+ but some people are in rush, that's why the price has suddenly dropped these past few days.

[buwaytress]

Bad news is arguable =)

If you're a trader/speculator and you've got expiring long bets, sure.

If you're a DCA guy and you haven't met your target hoarding (hello, that's me), then it's more time and opportunity to get Bitcoin below $20k, knowing that's not going to last forever.

FUDs are always inevitable when Bitcoin suddenly drops its price, without understanding that bitcoin is highly volatile so it’s expected to see some price swings from time to time. However, seeing this sharp decline, I believe it’s even a bigger opportunity for long term hodlers to continue DCA while the price is now affordable. But for narrow minded investors, this will cause them panic and end up selling their bitcoin at a losing price.

I've said it before, but FUD isn't just inevitable, it's necessary (to me, anyway). I've got no problem with FUD, just the same way I don't really have a problem with FOMO. They come in equal measure, just not at the same time, and obviously are both retrospective kneejerks most of the time.

But we're talking about something a bit different here, and how to perceive this current period of price action. You can view it as bad news, and then it's FUD. Or you can view it as opportunity (dare I say that's FOMO?).

[Russlenat]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

There is not much to interpret since this is simply how bitcoin moves, there were some users predicting we could see another important growth during this month, but such a thing would have brought the price close to 30k, and with the halving so far away it seemed as if it was too soon for such a price to be reached, so a drop on the price makes sense, however what is surprising about the current movement is that during some minutes the 20k floor was broken, which I personally thought we have left behind for good already.

Bitcoin has always been volatile in nature so price fluctuations will always be present anytime. We could see bitcoin price pumping today, but expect that it may also dump the following day, and this has happened ever since so there’s no much to interpret about it. As long as we know that bitcoin’s volatility happens for good reason, as it opens new opportunity for beginners and those who plans to continue to do DCA, then for me it’s something that everyone looks forward to. But let’s see when halving starts to happen, as it’s always expected that bitcoin price will certainly make a good progress right after that, since that’s what history has been showing us.

[serjent05]

For new potential investors, is this still a good time to invest in Bitcoin ?

Definitely, it is still a good time to invest in Bitcoin.  Looking at its ATH, Bitcoin is still selling at a discounted price. and we all know that after halving, the Bitcoin price tends to surge, and a year later of halving Bitcoin tend to record a series of ATH breaking event.

What do you think of the recent drop of Bitcoin price ? Please share your views.

It is influenced by the bad news created by collapsing centralized services and exchanges.  Since the news of exchange bankruptcy brings negative news, the market reacts on it.  We can also consider the correction of the price since Bitcoin surged too fast from $16k to $25k so correction is also expected.

[FireDAOJackie_Z]

For new potential investors, is this still a good time to invest in Bitcoin ?

Definitely, it is still a good time to invest in Bitcoin.  Looking at its ATH, Bitcoin is still selling at a discounted price. and we all know that after halving, the Bitcoin price tends to surge, and a year later of halving Bitcoin tend to record a series of ATH breaking event.

What do you think of the recent drop of Bitcoin price ? Please share your views.

It is influenced by the bad news created by collapsing centralized services and exchanges.  Since the news of exchange bankruptcy brings negative news, the market reacts on it.  We can also consider the correction of the price since Bitcoin surged too fast from $16k to $25k so correction is also expected.

The correction of price is a very good point and I totally agree. Sudden surge within a short period is not healthy and sustainable for the market. I can't prove that the Bitcoin market may also be manipulated but I tend to believe that. If the "correction" is true, this is really a good move to help the market stay healthy. At least for me, this fluctuation eases my worry and boosts my confidence in Bitcoin.

[Hispo]

I interpret it was because the fear of the market towards a scenario of insolvency by Silverbank to its clients, among those some important exchanges in the United States. I would also add that the recent depegging of some USDC and DAI did not help the situation, it had something to do with the Silicon Valley Bank.
This makes me realize how much dependant this market is of centralized entities which hold the liquidity, in a perfect world P2P would be the usual.

Still, it seems Bitcoin price tonight is heading to a recovery of the level of the 23k$ now the waters have calmed down. I would not say anyone when or how to invest their money, by the way. Each one is supposed to DYOR and use the best approach to their situation, in my case, just long time holding.

[KennyR]

I'll just give them outline on how the market move takes place. Some easily understand the demand to the supply, whereas the majority just ignore it. When it comes to potential investment, experimenting with small amount will give the confidence and better understanding about the market.

Every price drop is an opportunity. Only the people watching the market for long term understand it well whereas the new investors just have the panic mind and finds hard to invest. Watching the market for few months could let the user understand the volatility and move towards investment, if not investing needs to be done purely on trust.

[bounceback]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

After having dropped to the area of ​​$ 19.55k a few days ago and now the price of bitcoin has returned to the level of $ 22.33k when this post was made so in my opinion if at that time you took advantage of the decline by buying in the lower area then of course now you get passive profits with the increase in prices that bitcoin is currently experiencing, basically we cannot avoid the volatility of Cryptocurrency movements because it is the basic character of every crypto but investing with bitcoin is the right choice because bitcoin price volatility is not too aggressive compared to other coins.

[Sarah Azhari]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

I don't know why you compared it with altcoin, because when bitcoin up altcoin dump, bitcoin dump altcoin more Dump, and there is only have a bit and few time to buy altcoin. but when we talking about bitcoin, there is no spesific time to buy because you can buy it anytime do you want.  Because the price will follow the halving time.

[borovichok]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Price actions have always been my preferred trigger type above trends; I've tried it and it works for me, so I urge traders to follow the price actions because it's very crucial although the profits are massive. Bitcoin has a specific era when it soars to the moon, however at the moment, the project is fully consolidated. Bitcoin is the #1 project for potential investors who are keen to put money into fresh, reliable projects. Bitcoin is a fantastic investment and has a greater potential of experiencing a major pump in the months to come. Bitcoin is having difficulty in the bear market during the dump phase.

[wiss19]

I don't see it as a problem but for me it was a blessing in disguise. Sure thing the price can dump due to fluctuations and then my portfolio will be affected. They will also go down but I don't really mind it since I am no way of touching them anyway but I will in fact add more coins in my stash because I know that fluctuations is also the way for them to recover and then rise to a whole new level and that is the time that I can now harvest the crops that I planted.

For other people, I think they are easily annoyed with the fluctuations that are happening with Bitcoin and altcoins. They think it's a hindrance for them to reach their first millions.

[tjtonmoy]

The sooner you enter, the better you profit? No man, look at today's price. You may have made some profits if you had entered the market while it was at $19k. But it will be for a short term plan. Bitcoin is a long term investment asset. So in order to get the best out of it, you need to have a good plan and long term investment mindset. Forget about recent price movements. Focus on the future and what bitcoin holds for us. So never too late to be in the game.

[jossiel]

The drop was great press for the market, that was a quick opportunity for the majority and I guess it wasn't the retail investors that have taken the advantage.

I have no record with that but as we know when such fall comes and if we get a quick recovery, there's the reason for that demand and that probably came from the financial institutions that have come to take those on sale bitcoins.

After having dropped to the area of ​​$ 19.55k a few days ago and now the price of bitcoin has returned to the level of $ 22.33k when this post was made so in my opinion if at that time you took advantage of the decline by buying in the lower area then of course now you get passive profits with the increase in prices that bitcoin is currently experiencing, basically we cannot avoid the volatility of Cryptocurrency movements because it is the basic character of every crypto but investing with bitcoin is the right choice because bitcoin price volatility is not too aggressive compared to other coins.

Yeah, that's basically what I am saying and those that have bought when it was below $20k or even up to $22k, we're at $24k now but still no one knows if this price stays for long.

[serjent05]

I don't see it as a problem but for me it was a blessing in disguise. Sure thing the price can dump due to fluctuations and then my portfolio will be affected. They will also go down but I don't really mind it since I am no way of touching them anyway but I will in fact add more coins in my stash because I know that fluctuations is also the way for them to recover and then rise to a whole new level and that is the time that I can now harvest the crops that I planted.

It is indeed a blessing in disguise for people or investors who wanted to enter or reenter the Bitcoin market.  Instead of buying Bitcoin by the price of $24k, the current drop made some people save money it is like 20%+ discount in buying BTC when it hits sub  $20k.

For other people, I think they are easily annoyed with the fluctuations that are happening with Bitcoin and altcoins. They think it's a hindrance for them to reach their first millions.

If they don't want fluctuation then better to get out of the Bitcoin market because Bitcoin price fluctuation will never end.  Even stable coins and fiat currencies are fluctuating.  There is no such thing in the market that does not fluctuate.

[Faisal2202]

is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Hmm maybe it's a bit late for me to reply but let's say the word. Yeah, when BTC was below $20k it was a great opportunity for investors, hodler, and traders but it does not mean that the market will not provide another opportunity you just have to be patient. Now as of writing this reply, BTC has reached close to $24,232 which is just unbelievable for the market to recover.

The market has provided a lot of opportunity in the last few weeks, First, it was a ban on Kraken Exchange's staking system in the USA then the news that was booming on crypto of SEC suing Binance for BUSD and now Binance (as of present) converted there BUSD reserves to other coins like BTC, ETH, BNB, etc. to decrease the impact if it de-pegged.

Secondly, the news of Silvergate bankruptcy also causes some fluctuations in the market which no doubt cost some traders who took entry b/w 23k to 25 but I can say as of today they must have recovered there most of the loss and maybe made some bucks in profit.

Thirdly, the bankruptcy of Silicon Valley Bank (SVB) behaved like a third-time hammering on the nail which was hammered first and second times. This hammering by SVB provides another opportunity for all of us.

What I think is, when people shrank their deposits from SVB they need some other source to invest their assets which I think is Crypto. That's why when the week starts the institutional markets open up and the big candles started to make. And boom BTC goes straight to $24k.

If you want to invest or take entry into the market then I must say DYOR ( i love these four magical words) haha. because it saves effort and weight. I think a little patience will do the work as maybe another de-pegging of BUSD will provide another opportunity. overall I am bullish for the long term if you want to buy BTC for hodling then buying it at $24k is a good opportunity overall, it depends on your financial status all I can do is share my opinions and once again do not follow anyone just follow your guts and build confidence (once again I am just sharing my thought that it.)