Bitcoin is going down.

[fadhilz123]

Bitcoin is falling as you say, and many people also predict this, it's not too hard. But as you say, this is still not the right time to buy bitcoin, so in your opinion, what is the best price to buy bitcoin? I'd love to hear what your next thoughts are. Because I am also expecting more bitcoin drops.

Regardless of your current expectations that you are expecting a drop in the price of Bitcoin, what is clear is that in general you can still buy Bitcoin at the current price if you just want to keep it for the long term. But if you are only buying Bitcoins to take with you into trading, you will need to wait for another drop in price from now on. But never regret when you see the next increase in Bitcoin before you buy because you are waiting for a price drop in the market.

[wxa7115]

When Bitcoins slightly fall down in price, I see that many people start panicking. Why are you taking it as negative note? I mean it maybe just a price correction of the coin, but people are always in a negative mood. People should always see something like this in a positive attitude. This might be the opportunity for the people to grab more coins in a cheap price. And as they will start accumulating again the price will again go up due to the increase in demand and limited supply of the coin. At last be patient and wait, Bitcoins will touch sky once again.

This is simply a matter of perspective, when the price goes down a part of the community reacts very negatively to this as they are only thinking about the short term, and with this in mind any decrease on the price is terrible from their point of view.

But for those that are thinking on buying bitcoin and hold it for years, a downward movement is a welcome sight, as this means they can get more bitcoin for a low price and their profits will be much higher on the future, and while there is a great number of people that think like that, it seems they are outnumbered by those which care only about the short term by a wide margin.

[Minecache]

OP, yesterday bitcoin suddenly surged and at one point hit almost $30k, the highest I saw was $29.8k, and now bitcoin is still trading at $29k. This starkly contrasts your earlier predictions that bitcoin will continue to fall further. What's your opinion on bitcoin's bullish comeback? When you advise people not to buy bitcoin at this time.
Since the creation of the topic until now, I have not seen you discuss with everyone about your opinion, I hope you come back to comment on market movements.

[gunhell16]

Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.

So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.

So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.

Have a nice day and take care.

If you understand the movement in the Bitcoin market dude, I am pretty sure you must also understand why Bitcoin is volatile.

Are we going to repeat this topic over and over again, most people know that the market is very unpredictable, if you notice that one day a bitcoin recovered to 30k$ and then for a few moments it dumped again to 27k and now it has recovered again 29k$ more. So it means that with these actions, there are many people who are positioned at that value of bitcoin, so it shows only we are still in bullish season and it's your opinion only.

[Natalim]

If you understand the movement in the Bitcoin market dude, I am pretty sure you must also understand why Bitcoin is volatile.

Are we going to repeat this topic over and over again, most people know that the market is very unpredictable, if you notice that one day a bitcoin recovered to 30k$ and then for a few moments it dumped again to 27k and now it has recovered again 29k$ more. So it means that with these actions, there are many people who are positioned at that value of bitcoin, so it shows only we are still in bullish season and it's your opinion only.

A lot of topics concerning this and tiresome but wait, we also have to consider that not all here have the time to explore the forum. So if they don't understand the situation, they are expected to ask then. We have to understand how a person feels about this kind of investment, they will certainly be wondering why this happens ( and really about to happen whether we like it or not). What I just hope is that OP could gradually adjust and adapt to the volatile situation of the market so he could manage to hold and remain strong than started to get panic.

[Awraawra]

It's not new that bitcoin in going down. Every time it's happen so I think ever investor in bitcoin are ready to that. If bitcoin now goes up I think only in short time so bitcoin again goes down. Keep on holding to those have many bitcoin because we are waiting that bitcoin bull run again.

[Sorryfor]

The Bitcoin market is already at a higher level than it has ever been. Earlier all cryptocurrencies including Bitcoin market were doubted. But at the beginning of the new year 2023, the Bitcoin market changed and the market went from $15,000 to $31,000. At the moment, the price of Bitcoin has taken a good position, and it is expected that further growth is not possible in the future.

[Baoo]

Well, I always recommend investors to buy Bitcoin fractionally, that’s literally the most secure and safe way to take major opportunities and guarantee profit principally in long term. Regarding the current situation  of Bitcoin, unfortunately it is really tough to predict the accurate date of next bull and bear run, now it is been more than 1 week since Bitcoin’s price stuck between  $27k and $29K, it seems the whales will not  let BTC break $30k during this period. It is preferable to hold and buy BTC in parts in case you have an acceptable amount cash or stable coins, that would be a wise decision.

[DiMarxist]

Well, I always recommend investors to buy Bitcoin fractionally, that’s literally the most secure and safe way to take major opportunities and guarantee profit principally in long term. Regarding the current situation  of Bitcoin, unfortunately it is really tough to predict the accurate date of next bull and bear run, now it is been more than 1 week since Bitcoin’s price stuck between  $27k and $29K, it seems the whales will not  let BTC break $30k during this period. It is preferable to hold and buy BTC in parts in case you have an acceptable amount cash or stable coins, that would be a wise decision.

The current situation of the price is a little trait, if you fear and panic, you lose, this the best time of buying and holding. Just understand the market and invest when the market is in bearish. If you want to invest or buy do it now is good or when the price drops, and when the price grow up again you make a good profits. And if you have Bitcoin keep on holding, as an investors patience can be a big tool for getting success. Current market is going slightly bearish so this is the perfect time for you to buy Bitcoin and hold it to your satisfaction.

[EdenHazard]

Well, I always recommend investors to buy Bitcoin fractionally, that’s literally the most secure and safe way to take major opportunities and guarantee profit principally in long term. Regarding the current situation  of Bitcoin, unfortunately it is really tough to predict the accurate date of next bull and bear run, now it is been more than 1 week since Bitcoin’s price stuck between  $27k and $29K, it seems the whales will not  let BTC break $30k during this period. It is preferable to hold and buy BTC in parts in case you have an acceptable amount cash or stable coins, that would be a wise decision.

The current situation of the price is a little trait, if you fear and panic, you lose, this the best time of buying and holding. Just understand the market and invest when the market is in bearish. If you want to invest or buy do it now is good or when the price drops, and when the price grow up again you make a good profits. And if you have Bitcoin keep on holding, as an investors patience can be a big tool for getting success. Current market is going slightly bearish so this is the perfect time for you to buy Bitcoin and hold it to your satisfaction.

You need to look at the bigger picture of this bitcoin market that looks like a 'bearish time' but actually it's not espeially we are heading into the next halving with less than a year.... if by then we crashed from the current price $28k to below $10k or even lower ... you need to see it in 'zoom out' i mean nothing sure ... could be a straight to $100k and you left behind ... or you get dragged down to the lowest price of the 5 to 8 years .

The one thing you should know that history repeat! The all time high always come up during or after the halving day , so be ready!

[AmoreJaz]

Well, I always recommend investors to buy Bitcoin fractionally, that’s literally the most secure and safe way to take major opportunities and guarantee profit principally in long term. Regarding the current situation  of Bitcoin, unfortunately it is really tough to predict the accurate date of next bull and bear run, now it is been more than 1 week since Bitcoin’s price stuck between  $27k and $29K, it seems the whales will not  let BTC break $30k during this period. It is preferable to hold and buy BTC in parts in case you have an acceptable amount cash or stable coins, that would be a wise decision.

The current situation of the price is a little trait, if you fear and panic, you lose, this the best time of buying and holding. Just understand the market and invest when the market is in bearish. If you want to invest or buy do it now is good or when the price drops, and when the price grow up again you make a good profits. And if you have Bitcoin keep on holding, as an investors patience can be a big tool for getting success. Current market is going slightly bearish so this is the perfect time for you to buy Bitcoin and hold it to your satisfaction.

and for sure, we will have more of this up and down movement in the future. it is only a matter of how you will react on this market and take advantage of it for the future. so if you have been long enough in this market, you should already know what to do not to let the situation pass without any action.

[Chato1977]

Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.

WIll Keep falling? but why ? and how? bitcoin stays in regular price for months now.

So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.

it will , or will not , if have a funds then why not buy?

So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.

Have a nice day and take care.

stupid advice , holding cash? or stable coin? lol maybe you are that weak to keep buying in this position .

[Razmirraz]

Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.

As you have seen in the market, Bitcoin always moves in two directions. While Bitcoin's decline hasn't panicked investors, the small correction that has occurred has investors waiting for a catalyst to trigger a new rally. The impact of market sentiment will change when demand is higher than supply, a new rally will start after the market is triggered by mass buying due to the effects of the correction. Investors aware of the potential and usefulness of Bitcoin will adopt it as a store of value or payment method, the price is likely to continue its long term upward trend.

[Kadal Ijo]

The large number of FUDs spread on social media makes investors afraid and choose profit taking so that the price continues to decline, many even say that the price will fall again below $ 20k, as investors who have known bitcoin for at least 3 years, of course we are waiting for the price to fall again because we will buy more.

[doomloop]

The Bitcoin market is already at a higher level than it has ever been. Earlier all cryptocurrencies including Bitcoin market were doubted. But at the beginning of the new year 2023, the Bitcoin market changed and the market went from $15,000 to $31,000. At the moment, the price of Bitcoin has taken a good position, and it is expected that further growth is not possible in the future.

I don't understand what you are trying to say. First of all, the price of Bitcoin is high but it isn't at the highest level it has ever been since the all-time high of Bitcoin is at $69k+ and we are still too far from that, it is almost a 120%+ rise from this point. It is true that we have seen significant growth for Bitcoin and the overall market this year.

And what makes you think that there is no further growth expected or possible for Bitcoin in the future? We are yet to see the adoption rise very high and there will be extremely high demand in the future, which will increase the inflow of money and hence help the price go up.

[NotATether]

Good one that one, the OP is either a nocoiner or a fucking troll and I don't know which is worse.

At least nocoiners are honest with their intentions. Trolls on the other hand are neither bull nor bear, more like an alien species that needs to be shuttled back to the TRON network by SpaceX rocket.

[19Nov16]

Looks like today the price will start to rise and I'm optimistic that $ 30k will happen before the second week of may, today the price has gone up more than 1.5% and the price down that happened some time ago is a momentary correction, the bull run is unique because the price is not it keeps going up but sometimes it goes down.

[bangjoe]

Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.

As you have seen in the market, Bitcoin always moves in two directions. While Bitcoin's decline hasn't panicked investors, the small correction that has occurred has investors waiting for a catalyst to trigger a new rally. The impact of market sentiment will change when demand is higher than supply, a new rally will start after the market is triggered by mass buying due to the effects of the correction. Investors aware of the potential and usefulness of Bitcoin will adopt it as a store of value or payment method, the price is likely to continue its long term upward trend.

Yes, we already know that the market moves in two directions in 24 hours and never stops, price fluctuations are a natural thing for bitcoin to have prices that go up and down, small or big, supply and demand are the market reference in price fluctuations, correction is what reasonable for a price movement.
In addition to the potential utility aimed at today's average, bitcoin is an investment tool, both short and long term, to get better financial freedom.

But what is clear about today's bitcoin trend is that we are in a sideway phase movement in bitcoin which has quite high fluctuations before continuing the trend to become bullish.

[wxa7115]

The large number of FUDs spread on social media makes investors afraid and choose profit taking so that the price continues to decline, many even say that the price will fall again below $ 20k, as investors who have known bitcoin for at least 3 years, of course we are waiting for the price to fall again because we will buy more.

Anyone that lets themselves to be affected by what they read on social media and take financial decisions which can affect the rest of their life based on nothing more but rumors is making a huge mistake no matter how much I think about it.

If the price happens to go down, so be it, I'm pretty sure that I am not the only one that will take the time to invest whatever spare money that I have the time, and if newbies and inexperienced investors want sell that is not really my problem, if given the chance maybe I could make some token effort to show them why following the crowd is not a good idea, but at the end of the day it is their decision, and if they want to sell for a bad price that is their call.

[ivankoh]

When Bitcoins slightly fall down in price, I see that many people start panicking. Why are you taking it as negative note? I mean it maybe just a price correction of the coin, but people are always in a negative mood. People should always see something like this in a positive attitude. This might be the opportunity for the people to grab more coins in a cheap price. And as they will start accumulating again the price will again go up due to the increase in demand and limited supply of the coin. At last be patient and wait, Bitcoins will touch sky once again.

This is simply a matter of perspective, when the price goes down a part of the community reacts very negatively to this as they are only thinking about the short term, and with this in mind any decrease on the price is terrible from their point of view.

But for those that are thinking on buying bitcoin and hold it for years, a downward movement is a welcome sight, as this means they can get more bitcoin for a low price and their profits will be much higher on the future, and while there is a great number of people that think like that, it seems they are outnumbered by those which care only about the short term by a wide margin.

Yup, i think that is their direct view, when bitcoin goes up they see a positive and vice versa. There are many reasons for being so direct that they absolutely do not accept volatility and correction as an important part of the market. For me correction or volatility is the most positive for bitcoin and the crypto market to be sustainable. In that state, let's calm down and take a look at the market as a whole, bitcoin's predominance is deflationary and my vision is to set expectations for bitcoin in the long term.