Bitcoin is improving I guess?

[BITCOIN4X]

~Snip

And now the Belgian financial regulator has ordered Binance to stop offering virtual currency services in the country. They consider the provision of exchange services between virtual currencies and legal currencies of non-European Economic Area countries provided by Binance as a violation of Belgian anti-money laundering laws. it seems the story is continuing whether this issue will also make the BTC Correction price return again??

No one knows for sure, but you can make your choice now. If you believe you can survive whatever the negative issues are, then ignore whatever's going on out there which is basically just FUD. Bitcoin has nothing to do with the Binance case, it's just an exchange and if you keep your bitcoins on Binance, withdraw your assets and keep them in your own non-custodial wallet.

Bitcoin price corrections can still happen and can even happen unexpectedly. Binance can have both negative and positive impacts on bitcoin market cap, but the market doesn't always depend on one exchange. If one of the best exchanges crashes regardless of the reason, then the others will be the first.

[Myleschetty]

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

The FUD and the negative issues were actually about the US SEC lawsuit against Binance, CoinBase, and other exchanges. Binance is never experiencing a financial crisis but it may experience a reduction in users due to the lawsuit.
But why do people always believe or feel the market is improving when there's a bullish trend? Besides, there's still network congestion on the Bitcoin network.

[JoyMarsha]

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

With the current price of Bitcoin ($30k), are we still going to feel sorry for your wallet as it is right now? Because in my opinion, the $30k price of bitcoin at the moment should be higher than what you bought it. That indicates that you are currently on the gain side rather than the loss side as you were a few months ago. That is the advantage of holding onto bitcoin over the long run, regardless of the price it may command in the future. Many investors, including yourself, are unaware of the importance of learning how to hold bitcoin for the long run rather than the short term.
 

[siniminomorocomunisakito]

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

I think that right now there should be no such thing as FUD created because it is so easy for the public to read and it gives the impression of mass deception so that people who are not good at reading market directions are affected emotionally. The escape is on selling and withdrawing their funds so that the price of BTC is depressed. Is their money worthless?? For me, if see, it is very valuable because the increase in daily transaction volume has a positive sign for the market and is an early indication of an increase in BTC even though the dominant prime mover is the whales and other large institutions.

[Semar Mesem]

There is no doubt that bitcoin will improve this year, the negative issue that worries me, namely Binance is experiencing a crisis, turns out to be unproven so the market responds positively, now is the time to keep buying so we can get big profits.

[Orange89]

It is due to  Fed had lower it's  interest rate hikes to fight against inflation these is good news for market i believe that's the main reason we are seeing the price hike one more can also be cz binance fud had been control somehow all these positive event within such short period of time had helped the Bitcoin price for improvement everything is bullish right now i am absolute excited for btc next year halving for now to see btc price over 30k$ is just awesome from a long period of time

[mich]

Well yes I do think like you Bitcoin is improving. Bitcoin dominance has just hit a high of 52% for the first time since April 2021.

And total marketcap of Bitcoin is not $587 Billion. So this is more then half of all crypto market. https://www.cryptopolitan.com/bitcoin-dominance-jumps-above-50-market-cap/

[KingsDen]

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

The title does not correspond with the body of your post. When I read the title as "Bitcoin is improving I guess". I really thought that you will discuss about chnages in bitcoin such as improving bitcoin scalability. Such as the SegWit wallet etc but rather you went ahead to discuss the price.

You would have better Saif, bitcoin price is improving. Speaking on this nonetheless,  since this year, bitcoin price has been bullish unlike what happened last year. So, there is enough improvement.

[uswa56]

There is no doubt that bitcoin will improve this year, the negative issue that worries me, namely Binance is experiencing a crisis, turns out to be unproven so the market responds positively, now is the time to keep buying so we can get big profits.

Don't be hasty in drawing conclusions, the price of Bitcoin jumped very sharply in a short time and even so there is still a possibility for a correction to occur again.
Throughout this year I see the price of Bitcoin moving not too significantly and more positive trends than price corrections that have occurred, I also believe that the price of Bitcoin will improve but that will be accompanied by price corrections which will also be proportional to the increase that has occurred.

[fuguebtc]

There is no doubt that bitcoin will improve this year, the negative issue that worries me, namely Binance is experiencing a crisis, turns out to be unproven so the market responds positively, now is the time to keep buying so we can get big profits.

Don't be hasty in drawing conclusions, the price of Bitcoin jumped very sharply in a short time and even so there is still a possibility for a correction to occur again.
Throughout this year I see the price of Bitcoin moving not too significantly and more positive trends than price corrections that have occurred, I also believe that the price of Bitcoin will improve but that will be accompanied by price corrections which will also be proportional to the increase that has occurred.

With what happened in the first six months of the year, it can be affirmed that the market this year is much better than last year. The correction is sure to happen many more times but it won't be a big deal as long as it doesn't drop to $15k like in 2022, it's a very commendable effort for bitcoin.
We are still in a 4-year cycle, so don't expect too much from bitcoin. If bitcoin can sustain above $30k and hit $40k before the end of the year, it will be a success to prepare for the next bull season when the halving will take place next year.

[Dave1]

There is no doubt that bitcoin will improve this year, the negative issue that worries me, namely Binance is experiencing a crisis, turns out to be unproven so the market responds positively, now is the time to keep buying so we can get big profits.

Don't be hasty in drawing conclusions, the price of Bitcoin jumped very sharply in a short time and even so there is still a possibility for a correction to occur again.
Throughout this year I see the price of Bitcoin moving not too significantly and more positive trends than price corrections that have occurred, I also believe that the price of Bitcoin will improve but that will be accompanied by price corrections which will also be proportional to the increase that has occurred.

With what happened in the first six months of the year, it can be affirmed that the market this year is much better than last year. The correction is sure to happen many more times but it won't be a big deal as long as it doesn't drop to $15k like in 2022, it's a very commendable effort for bitcoin.

Most likely we have seen the bottom already for this bear cycle as the price goes down hard to $15,500.

We are still in a 4-year cycle, so don't expect too much from bitcoin. If bitcoin can sustain above $30k and hit $40k before the end of the year, it will be a success to prepare for the next bull season when the halving will take place next year.

Yes, but it seems that this cycle is very different though as compare to previous one. June seems to be a bad month every bear cycle and it did started this way and I thought that the cycle will continue.

Nevertheless it was a big relieved when the market goes green and attempted successfully to reach $31k again.

But we need more push or at least maintain the $30k'ish and see more growth at the end of the year and no more bottom price for us.

[imamusma]

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

The title does not correspond with the body of your post. When I read the title as "Bitcoin is improving I guess". I really thought that you will discuss about chnages in bitcoin such as improving bitcoin scalability. Such as the SegWit wallet etc but rather you went ahead to discuss the price.

You would have better Saif, bitcoin price is improving. Speaking on this nonetheless,  since this year, bitcoin price has been bullish unlike what happened last year. So, there is enough improvement.

I don't mind that because this thread is in the speculation section, but if this thread were in the bitcoin discussion section then maybe I'd say the same thing. Some users find it difficult to find the right thread title when they want to create a thread, but as long as the title and the thread are relevant then I won't mind it.

The bitcoin price has also been in a nice recovery phase since January. Definitely better than last year, but the volatility is still there. I agree bitcoin price tends to be better during the first 6 months of 2023, even though there is some correction but that's normal. Therefore, let's hope that the bitcoin price will also recover more in the second half of the year when we are quite close to the halving.

[GeorgeJohn]

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

I think when I checked last of bitcoin price, the price is propagating, at least it was on the price that bitcoin  price was at range of thirty thousand, last year the price of bitcoin was drastically low which I believe that bitcoin price started moving up or accelerating since we entered 2023, I will say the price of bitcoin in 2023 is very supportive compared to what we experience 2022 price of bitcoin,  actually we are waiting for 2024 price of bitcoin.

[Olubetty88]

Hopefully we get more good phase of Bitcoin in the next 6months of the year 2023, but it comes to my notice after studying critically, during this time in few years back, Bitcoin always remain unstable and get worst most time, I wish it increases in the remaining half of this year

[TheGreatPython]

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

What customers are you talking about? I've not heard of any customers withdrawing their assets from Binance only to be safe because of what is happening with Binance, and whatever is going on with SEC and Binance, it's all about Binance US and not the global version, so even though I also believe that one shouldn't keep their extra assets at an exchange or any platform, I don't think there will be any issues with users' funds even if things get out of hand.

The increase or decrease in Bitcoin's price isn't directly caused by this issue because it's older than when the market pumped recently, so whether users are withdrawing their assets or not, will not affect the price of Bitcoin or the overall market in general, we sure are optimistic but we should see the facts too.

[MarjorieZimmermanGinger]

We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

After the correction process that happened we have seen bitcoin at $30k at the moment and the bitcoin movement has also progressed from the conditions caused by binance in the previous few weeks, I also see another correction process in the middle of next month but I don't think it will exceed $23k again. It's still too soon to conclude whether the previous correction process will bring bitcoin to a higher price or on the contrary experience a sharp decline again, because if you look at the previous process there is no sign of bitcoin reaching half.

When you buy at a higher price, all you have to do is be patient until bitcoin is able to exceed the purchase price or in other words, you also have to set at what price you want to release bitcoin. Bitcoin will always get big moments after reaching four years and if you want to get big profits then the steps you have to take are waiting for the process to run.

[Davian144]

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

The market is not going up, but what is going up is the price of Bitcoin and the prices of many other cryptocurrencies. And for Binance, actually the exchange is not experiencing a financial crisis, because they are just solving their own problems with the SEC. That's the fact and you don't need to care about FUD or negative issues that are not true because if you consume too much negative news, you will be very afraid that your thoughts will also become negative later.

And now the Belgian financial regulator has ordered Binance to stop offering virtual currency services in the country. They consider the provision of exchange services between virtual currencies and legal currencies of non-European Economic Area countries provided by Binance as a violation of Belgian anti-money laundering laws. it seems the story is continuing whether this issue will also make the BTC Correction price return again??

I don't think that this will make BTC correct again in the market, because I don't think the influence or relationship of the Binance problem with the BTC price is too close. And even if BTC is still corrected in the market at the end of this month, I think it is a very pure thing and it is very common for BTC without having to relate it to the problems faced by Binance. After all, everyone can still use other exchanges when one of the exchanges is in trouble.

[jaberwock]

I don't mind that because this thread is in the speculation section, but if this thread were in the bitcoin discussion section then maybe I'd say the same thing. Some users find it difficult to find the right thread title when they want to create a thread, but as long as the title and the thread are relevant then I won't mind it.

The bitcoin price has also been in a nice recovery phase since January. Definitely better than last year, but the volatility is still there. I agree bitcoin price tends to be better during the first 6 months of 2023, even though there is some correction but that's normal. Therefore, let's hope that the bitcoin price will also recover more in the second half of the year when we are quite close to the halving.

No matter which section this thread was placed, the first thing that came to my mind will still be the price and I believe many members here have the same impression. Title is only compose of small words but you are right, many users are having a hard time of finding the perfect one. This wasn't the first and this won't be the last thread to have a different title from the body of the message.

Anyway, about the topic, It's indeed BTC is now improving. Volatility is staple in Bitcoin but there are times that we can experience a stability. Pretty sure, the second half is going to be better than the first, most especially when we turn another page of the calendar.

[justdimin]

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

What customers are you talking about? I've not heard of any customers withdrawing their assets from Binance only to be safe because of what is happening with Binance, and whatever is going on with SEC and Binance, it's all about Binance US and not the global version, so even though I also believe that one shouldn't keep their extra assets at an exchange or any platform, I don't think there will be any issues with users' funds even if things get out of hand.

The increase or decrease in Bitcoin's price isn't directly caused by this issue because it's older than when the market pumped recently, so whether users are withdrawing their assets or not, will not affect the price of Bitcoin or the overall market in general, we sure are optimistic but we should see the facts too.

Even on the worst possible case where SEC found them guilty or something, that wouldn't have resulted with me withdrawing my money from Binance because that had nothing to do with each other. This is why it makes more sense to just assume that it is going to be a fine period and we should not be really considering that as an option.

What does SEC have to do with the funds I have on binance global, they can't prevent me from withdrawing no matter what they do, they can literally ask for Binance to be closed and CZ to be prisoned and yet they still couldn't touch our funds. And that wasn't even the investigation was about, so it was always nothing at all and we could always feel safe with our money there anytime we want it to as well.

[taufik123]

-snip-
What does SEC have to do with the funds I have on binance global, they can't prevent me from withdrawing no matter what they do, they can literally ask for Binance to be closed and CZ to be prisoned and yet they still couldn't touch our funds. And that wasn't even the investigation was about, so it was always nothing at all and we could always feel safe with our money there anytime we want it to as well.

The SEC only controls the legal territory in the US and it will not have an impact on Binance Global.
and about the funds that you hold on Binance SEC cannot touch it, but Binance and CZ or other Binance officials may freeze or there are some loopholes so that your funds will be held.

Learn from FTX which became a big Exchange and no one doubted it, but in the end, there were many games that FTX played.

If you are looking for the most secure, Non-Custodial Wallet is the best.
But if you want to use the best exchange at the moment Binance is the choice, but the risk of losing funds can happen and it is the choice of each user.