How do you interpret the fluctuation of Bitcoin price ?

[FireDAOJackie_Z]

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.

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[franky1]

mixture of silvergate banking drama of some exchanges.. (people withdrawing fiat )
and also futures market bets

[cryptoaddictchie]

Its always fud on the table as far as the market goes. Many projects are gonna swing a lot of down dip movement due to btc crazy drop. Altcoins are the one bleeding in this kind of scenario and its due to btc. Also consider those whom going out into fiat and add those panic sellers on the reason and definitely experience a nightmare on global scale. Seeing it below 1trillion is really worse, and we can see stocks also declining means theres something wrong with the system and not just bitcoin alone.

[Sweetbtc]

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

News often plays a role in the ups and downs of cryptocurrency or bitcoin prices, As the bad news in the market in these days due to which the price of cryptocurrencies and Bitcoin is constantly falling.And the risk of further market crashes remains.But people who have experience with cryptocurrency start  buying in such crashes.Because they know that this is the best time to buy.Because this investment can give them huge profit for midterm and long term,Because any good news can cause the market to go back up.So always keep an eye on global news if there is good news coming then entry into bitcoin or crypto currency can prove to be the best.It seems that Bitcoin will bounce back from the support of 18500 and if it breaks the support then it can touch the support of 15500.

[tbct_mt2]

News often plays a role in the ups and downs of cryptocurrency or bitcoin prices

Bitcoin investors must experience and familiar to digest news especially fud. It is easier to look at the past and say early investors are lucky but they don't know that over years, there are many news, fud that can shake your hands any time and it's really hard to hold your bitcoin.

As the bad news in the market in these days due to which the price of cryptocurrencies and Bitcoin is constantly falling.And the risk of further market crashes remains.But people who have experience with cryptocurrency start  buying in such crashes.Because they know that this is the best time to buy.

It's time to buy a dip but if you want to be sure, let's wait about 2 or 3 more days before you buy it.

If your plan is DCA, today is good enough for you to do it rather than days ago when Bitcoin was traded about $24,000 or $25,000. If you are DCAing, I don't think buying Bitcoin today or next 3 days will be big matter for your consideration.

https://dcabtc.com/

[Eternad]

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.

In the long run yes because Bitcoin is deflationary and the demand is increasing. The current dip is due to the shit show happening behind the DeFi sector of crypto. This is the main disadvantage on running a ponzi on crypto and use bank to fund multiple DeFi project that is now collapsing.

In theory, Bitcoin shouldn’t be affected by this recent bad news but since crypto investors are dumb to panic on every news that is not related to Bitcoin. Market dump to an insane level due to fear. I don’t suggest to buy now but Bitcoin is a good investment in general.

[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.

[FatFork]

I personally believe that despite the recent drop in Bitcoin price below $20k from its mid-February high of $25k, it's still a reliable investment compared to altcoins. The volatility is reasonable and it's just a fluctuation that happens in the market, and experienced investors tend to buy during market crashes like these, knowing that it can give them huge profits in the midterm and long term. However, it's always important to be prepared for FUD in the market. The recent dip in the Bitcoin price is due to the shit show happening behind the DeFi sector of crypto. Even though Bitcoin shouldn't be affected by this recent bad news, weak-handed investors tend to panic on every news that is only remotely related to Bitcoin, causing the market to dump.

[solehdavid]

I would say that fluctuations in the price of Bitcoin are normal and should be viewed with a long-term perspective. Cryptocurrencies are at the beginning of a new technological revolution and could potentially play an important role in the world economy in the future. However, as cryptocurrencies are still an immature industry, their prices can be uncertain.

Therefore, when investing in cryptocurrencies, it is important to ignore short-term fluctuations and build a long-term investment strategy. Investors should understand the potential and risks of cryptocurrencies and build an investment strategy accordingly. Furthermore, investors can use risk management tools such as portfolio diversification and stop-loss strategies to manage their risks.

[nimogsm]

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.

This situation is not new and many have already witnessed similar events more than once.Everyone who was ready for such a scenario did not have any problems as their portfolio was prepared.Once again I am convinced that it is impossible to keep everything in one asset.For those who sat in bitcoin and did nothing,it will be a lesson and in the future they will not repeat such mistakes.

[maydna]

We have now seen another drop in bitcoin and many people didn't even think it could go below $20k. For new potential investors, this moment is the right moment to invest in bitcoin because they can buy at a low price even though the price can drop deeper later. At the very least, those who can afford to buy at this price can get a feel for buying at a low price and hold onto it until the price goes up. And the increase in bitcoin prices is predicted to exceed $ 70k so if they can buy at the current price, they can get big profits depending on how many bitcoins they have. We are now at the end of the week, usually marked by a correction. Hopefully, this correction will not continue or the price can stabilize at the current price. Hopefully, the price doesn't drop any further.

[crunck]

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

We keep looking for the reason why bitcoin is falling but forget that we are still in bear season, which means bitcoin can be dumped at any time, even without any negative news. Bitcoin price drop is an opportunity for everyone, but those who are afraid should sell and leave the market, giving the opportunity to others. I don't want to give advice to anyone because this is a financial market, and you can't expect everyone to win.

[LogitechMouse]

Price drops = opportunity
Price goes up = opportunity as well.

If the price of Bitcoin drops, it's the perfect time to buy some Bitcoins. I mean instead of you panicking out there because your investment had a paper loss, why not add more especially when the coin that you want to buy is Bitcoin. Instead of selling your holdings because of what you're seeing, do the opposite, and buy more Bitcoin. Most of the time, contrarians always win because they are always against the herd. They are against what most people are doing. They're doing the opposite of what most investors are doing. Now if price goes up, it's also an opportunity as well as we can sell our holdings and take some profits.

Fluctuation = opportunity depending on where it will go. Whether it's upward or downward, fluctuation is always an opportunity.

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.

Yes it is though I'm not 100% sure if Bitcoin will go up after this drop "again".
What do I think about recent price drop of Bitcoin? It's an opportunity. Take the opportunity, and buy Bitcoin.

[cryptonews90]

It's a temporary down, so i think it's the best time to buy bitcoin if anyone want to keep it for a long time and no matter the price if you want to keep because you are the winner in any condition

[Ucy]

Bitcoin has been made to work against people who don't really understand or care about it but want to gain unfairly from it. If you care about it and believe it will be worth 30,000 tommorow, others could begin to say thesame thing making things look like they are the ones making the 30,000 prediction. If it gets to that price they will take the credit that belongs to another and probably make huge amount of money from it. This is the issue those who care currently face. You just need to find a way to get around this... If you say rain will fall Sat by 2pm and people start saying thesame thing, how do you make sure it rains exactly that time without copycats taking the credit? You make sure it fails to fall tommorow by 2pm to decredit the copycats and get it to fall another Saturday 2pm. Problem solved.

[Doan9269]

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

Know this and get satisfied, bitcoin will always and forever be volatile, there's nothing like fluctuations because the volatility is what some rely on for their own profitability, know this that at every point of bitcoin price, people buy and sell, sonwe can't have a fix in it price when the power behind the demand and supply equilibrium balance the equation in setting a new bitcoin price which is the outcome of what we see as a dip or bull concerning bitcoin price.

[kelechi]

It's reflection of its inherent value

[OgNasty]

“I just got fluctuated out of twenty-five hundred dollars.”
-Jerry Seinfeld

The market’s purpose is almost exclusively to take your money. It is a machine that works against emotions to get people to take losses and invest at high prices. It is best to avoid the fluctuations, create a long-term plan, and stick with it.

[summonerrk]

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.

The price correction occurred as it seeks to test the support level. According to my technical analysis, this level is about 17-18 thousand dollars. After that, most likely there will be a U-turn and a flight to at least 30 thousand. But there is also a small chance that the price will go lower, but its dont will continue for a long time...

[Frankolala]

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 has always been affected by Fud from the collapse of exchanges or financial institutions due to the wrong understanding that bitcoin is different from other crptocurrency. The altcoins will drain down and some might can crash because bitcoin price is what these altcoins depends on for their rise and fall.

I see the present price of bitcoin as an advantage to accumulate more coins and make sure you planned to hold for long,to enable you make profit from it. At every dump or pump of bitcoin price,it is an opportunity to exploit the crypto market. I wouldn't be surprise if the price dumps below this.