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Author Topic: Bitcoin is going down.  (Read 1179 times)
RewFrew
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August 11, 2023, 07:00:24 PM
 #181

We saw some days ago all signal were for up but now showing for down. Now Bitcoin price is $29300. Gradually bitcoin price decreasing now. Bitcoin price was stable at $30k but gradually decreasing. And it will continue i think. Now everyone should hold stable coin or cash now i think. Because i think anytime Bitcoin can huge dump. That time will best time to buy  Bitcoin or another currency. Because now we are not seeing any sign to increase Bitcoin price. I think Bitcoin price will going to $20k again. And if it go more down there has no surprising i think. Many crypto whales are telling Bitcoin price will come near about $15k. I wish within this year market will positive and bitcoin price will increase.

pawel7777
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August 11, 2023, 08:34:58 PM
 #182

(...) And it will continue i think. Now everyone should hold stable coin or cash now i think. Because i think anytime Bitcoin can huge dump. That time will best time to buy  Bitcoin or another currency. Because now we are not seeing any sign to increase Bitcoin price. I think Bitcoin price will going to $20k again. And if it go more down there has no surprising i think. (..)

You sure do a lot of thinking. Do you have any justification for that $20k prediction, or are you just saying it might happen?
It's true that anything can happen, but we do have more bullish signs on the horizon than bearish ones, mainly halving and the BlackRock's spot ETF.

(...) Many crypto whales are telling Bitcoin price will come near about $15k. I wish within this year market will positive and bitcoin price will increase.
I'm going to call you out on this one. Name one. Just one.

p.s. This thread was started in April and was discussing different price action. Bitcoin dropped to $25k region but rebounded to over $31k. Not sure is there any point of keeping this topic alive.

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Aanuoluwatofunmi
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August 11, 2023, 09:38:47 PM
 #183

We saw some days ago all signal were for up but now showing for down. Now Bitcoin price is $29300.

When things like this are happening, it's a call for more attention on holding and those that wanted to buy to come in before we enter into another phase where the bullrun may start, $29,000 is still dip but since we have recently seen the market getting upto $30,000 indicates there's every possibility that anything new could come up anytime from now, the case scenario now is that we don't know how far it could go before stopping, but there is definitely going to be the move anytime from now.
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