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Author Topic: BITCOIN BULL MAY BE IN TROUBLE  (Read 801 times)
Sidra101 (OP)
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May 07, 2023, 02:27:23 AM
 #1

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC




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May 07, 2023, 05:51:33 AM
 #2

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think.
Bitcoin price volatilities is not a new thing, and history have always been accompanied with alot of market volatility and Bitcoin creator Satoshi already memtioned that in the bitcoin whitepaper, he stated clearly that bitcoin should be allowed to grow organically with out much interferences.

So despite the ups amd down in Bitcoin price, there was never a time Bitcoin value failed recover or correct back, this is what makw Bitcoin not become a bubble that will ride in a single direction and then burst.

It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

Bitcoin price unpredictability is what makes up for the ultimate advice that you should invest only the amount you can afford to lose or look away from for a long time, never the less, Bitcoin is less risky compared to other assets in its categories and the Bitcoin chart can easily be read.

The best way to minimize risk in Bitcoin is to constantly DCA whenever the price favours you but then not all Bitcoin investors go through the stress of active involvement in the daily--weekly or even monthly Bitcoin cycle, must of the new age Bitcoin investors are all about the profits and it must come fast and since bitcoin doesn't guarantee that, they tend to migrate back to altcoins that promise them quick profits.

R


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May 07, 2023, 01:59:16 PM
 #3

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC






Why are you writing about events from two years ago? Was this post sent from two years in the past? lol
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May 07, 2023, 02:10:23 PM
 #4

Nothing that is happening currently to the price of bitcoin is new. We still have high volatility, it’s a feature of bitcoin due to the boom, bust 4 year cycles that center around the halving. Hopefully though we have bottomed at 16k & are beginning the slow, steady transition into a new bull market.

Don’t worry about short term price volatility though, bitcoin is going nowhere & is here to stay. As always, if you are patient you will do very well in bitcoin.

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May 07, 2023, 02:45:41 PM
 #5

I haven't noticed anything bad or what could make  bitcoin halving be in trouble by next year, all what you see was just some market forces that controls the bitcoin. The bitcoin price must not remain statics or stationary as you think, the ability of the market to be able to complete it's circle is what makes it tradable and same thing could like happened as we may get another ATH for the year after bitcoin halving and the market could likely have another shape. If I am not mistaking the market may likely drop again since some would like to take profit due to the much increase.

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May 07, 2023, 03:11:45 PM
 #6

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

so you made this post to warn others and invite them to be more careful and carefully consider buying Bitcoin!!

all investment assets in this world (not just bitcoin) have their own risks even though the big or small risk of each is different; Let's take gold as an example, if you buy gold, you will only get a stable price because the price movement of gold is very stable and not fluctuating, then will you be able to make big profits from gold? the answer is no, you will only get a profit that is in accordance with the portion of your investment -- even if you invest in property, you need a large amount of capital and also the profits you can get will not be felt in a short time.

what I have to remind everyone who wants to buy bitcoin is > Bitcoin is very volatile, every day the price of bitcoin can be very high or very low, so don't ever think that bitcoin is an investment whose value is stable (if you use fiat as a pair).



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May 07, 2023, 05:00:44 PM
 #7

Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think.

So people think that bitcoin's price could either go up, or it could go down? Such analysis, much prediction, wow.

Seriously, I really can't differentiate serious posts from satire posts if I see statements like this.

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May 07, 2023, 07:55:47 PM
 #8

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

Isnt really that volatile in the first place?
If you are just new into this market then its important that you should know at least the following;

1. Volatility
2. Decentralzation
3. Anonymity
4. Random/Unperdictability
5. Government involvement
6. False media/information
7. Critics
8. Permabull/Perma bears

No one really knows on when bull run market would happen or kicked in, this is why its better not to anticipate or making yourself in a hurry or really that impatient about it.
Time would just simply come and would really be showing off on how this market behaves. We cant really just be having that downward market forever.
There's always a time for reversal, we cant really just be that so sure on what would happen though on how it would be kicked in but usually this
would really be on halving event whether before or after.

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May 07, 2023, 08:24:54 PM
 #9

so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

Now may still be the best time to invest in Bitcoin because even during the bull run, the price may definitely go above $30k, so there is no trouble buying now. Also, anyone who chooses to invest in Bitcoin must not just see it as a get-rich-quick scheme or as an investment that has zero risk. Bitcoin is always volatile, and anyone who wants to invest must have that in mind before doing so. As you have said, the bull run may be in trouble, which I really doubt, but even if it is, that doesn't mean that the Bitcoin price will not still go up after some months or year. Who ever decide to buy and hold Bitcoin must be very patient because that's what Bitcoin investment is all about.

Whoever wants to invest in Bitcoin must really learn how it works.

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May 07, 2023, 09:11:09 PM
 #10

One week passed with May as the month trouble make Bitcoin drop last year, have 20 days later we face with this month will give another trouble and make Bitcoin drop again? Have bad memorize with this month and hope will get change in this year for bitcoin back to higher price. But bitcoin price seems table around $29k and one week in May not have to worry with bad memorize happening.

However, can't predictable will 20 days later in May have bad news again or good news will change from bitcoin month trouble become good month for starting bitcoin back to higher price. If Bitcoin success break above $30k seems not worry with this month for bitcoin down and so far not any bad news for bitcoin and cryptocurrency.

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May 07, 2023, 11:01:16 PM
 #11

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC


First I agree with what you said that it is hard to know what will happen. That's why it's an advantage that you know something about reading the trading chart at least so you know when you should buy and when you should sell if you're a type of short-term holder of bitcoin.

Because if you are just an investor who has no idea about these things, there is only one thing you can do and that is to be a long-term holder, nothing else because if you keep up with the short-term holders, for sure you can grow and neither. Now my only question is what problem are you referring to? And what danger do you think we Bitcoin holders can face when the bull run comes?


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May 07, 2023, 11:06:56 PM
 #12

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

I would agree that there are reasons that might affect the price, like the one you mentioned but there could be other factors too, like the basic supply and demand. I think this is going to be the most important parameter in the next bull run. It's the obvious, while the supply is dwindling due to the halving, the price is going to go up because demand is so high.

And with that, we have seen this already, right after the halving, the price will suddenly shoot up, not even there is a environment concern, which is pure FUD to me, I suggest you read this paper: Can Bitcoin Stop Climate Change? Proof of Work, Energy Consumption and Carbon Footprint (SoK), not even government regulations, and not even Covid-19 pandemic in 2020 deterred the eventual bull run. It there is more risk in crypto market? it's not Bitcoin but the altcoin market, wherein there's a lot of pump and dump, scams and others that you can lose your money.

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May 07, 2023, 11:52:33 PM
 #13

(....)
Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
This is the best example of not being too comfortable when you are in the cryptocurrency market, too much volatile, and no one will know what will happen. Even if you can see on the charts, candlesticks are very ugly, lot of wicks.
And if you are trading or investing, you must always learn how to take profits or sticking with your plan like price target or stop loss. It's not always "UP ONLY".

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May 08, 2023, 08:28:29 AM
 #14

I've gotten used to everything in crypto apace, this is a place where you could easily lose yourself if you are not careful, there will be a lot of FUDs and it will never stop and there will be a lot of HYPE too, the real truth is many investors don't want to accept that downtrend is normal in crypto space, they always want to see the price goes up, we have too many impatience crypto investors and many more will come, this is also why meme coins are trending, new investors cares only about price action, ups and downs are very necessary in crypto, it is what sets things right.

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May 08, 2023, 08:40:39 PM
 #15

The best way to stay safe from selling very low from what you bought your bitcoin, is by investing in a long term investment. It is certain that after the halving, the price of bitcoin will hit the bull market. Therefore, if you understand the market analysis,why will you panic if the price goes up or down. This shouldn't bother you because you have the knowledge of when to sell to make good profit.

I don't look at the price of bitcoin pumping or dumping because I am cool with my investment and not planning to sell off so soon,until 2025 when bitcoin will hit ATH. There is still time for those that wants to accumulate more coins to do that or those you haven't got any bitcoin to purchase some fraction for themselves, because bitcoin price is still low.

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May 08, 2023, 09:57:57 PM
 #16

so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Actually in every investment, an investor should be careful and take note of all of those risks because they don't come handy.

I don't understand what does it mean for the bull market to have in trouble. Whether there's a bull market or none, as long as your approach to your investments are great such in Bitcoin.

Then, you're doing the right thing on how to handle your assets and as well as your emotions and that's how you should take oneself into taking accountable of.



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May 08, 2023, 10:21:04 PM
 #17

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC


Your caption got my attention, but the body of your post does not really say for sure why you think that bitcoin bull run is or maybe in trouble. What you explained in your post is simply the nature of bitcoin and I think the majority of bitcoin investors are aware of this.
About the price fluctuations, in as much as the environment keeps impacting the bitcoin price, the volatility will continue and people that may escape are the long term investors.

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May 08, 2023, 10:28:49 PM
 #18


It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.

I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.

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May 09, 2023, 02:09:01 AM
 #19

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Did people actually think the correction we were witnessing was some sort of bull market? Because if that was the case then they were being incredibly innocent, after touching the bottom the price had not place to go but up, this combined with the cheap price created a good environment for the sustained growth of bitcoin.

But it was not a bull market, it was just a correction, and at least for the moment it does not seems as if there is any strength left on this correction, which explains the current downwards movement.

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May 09, 2023, 02:22:32 AM
 #20

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021,
I think you mean april/may 2023 not 2021 maybe there is a typo.

In any case, given the volatile market situation, it is strange for me that the price of bitcoin has fallen as a result of many factors that we have talked about in more than one topic, there is nothing new.

We may see a correction of Bitcoin to point 25K$, but as we have always said, the long-term investor will not be interested in everything that is happening now, because he has a clear goal in the long term and will not be affected by all these corrections.

As for the speculator, he should take advantage of these fluctuations with caution.

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May 09, 2023, 02:30:26 AM
 #21

If you've been in the crypto world long enough and pay attention to the history of Bitcoin prices, you will realize that the decline after the latest ATH is something that happens repeatedly, Bitcoin's agility has been happening for a long time, especially after Bitcoin entered the exchange, you will see the price movement is very volatile and only those who are new have fears about price agility.

Actually what is a concern is that network fees, usually when Bitcoin enters a bull run period, transactions will also increase sharply, if the network is still in this condition, maybe it will be a problem and will prevent Bitcoin from being able to reach the latest ATH because they are reluctant to transact in Bitcoin.

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May 09, 2023, 03:58:51 AM
 #22

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC





what trouble did the bull market facing? maybe will be slaughtered ?  Grin Kidding aside mate  that the bull is all set the only need here is time when to spike up as we have seen this many times before.
actually the way you posts has also been here in the past and after? the price keeps climbing when the bull comes so be chill mate and take the advantage of buying.

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May 09, 2023, 04:15:22 AM
 #23

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

And that's just how Bitcoin is? And in the first place the bull market being in "trouble" only ever applies to people who assume the bull market is going to happen in the time frame they expect in the first place. Ignore that, and you'd simply see Bitcoin doing it's own thing. Volatility? Always been there, environment/government issues? Hs always been a topic after afaik after the 2018 bubble.

Just be patient imo, especially in the next 2 years, never panic sell since what's lost is lot already anyway. Plus, I don't think I'd consider events from 2 years ago as "recent".

R


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May 10, 2023, 09:28:03 AM
 #24

I don't think that it will be in the bull market, but it will be. 
 
The market is volatile, and we can't predict the future. 
 
If you look at the history of Bitcoin, it is clear that it has been in the bear market for a long time. 
 
The bear market is a time of great change, and it is not going to last forever.
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May 10, 2023, 11:51:21 PM
 #25

so long it stays in the line, bitcoin will be fine, you could observe the overall chart of bitcoin despite its corrections, usually the growth still linear.
currently right now it's just seeking position, the outcome could be bitcoin back to bearish again or maybe become bullish no one knows for sure but i'm sure that the overall future bitcoin will be growing massively.
it's just that currently market volatile as many have said, but then again such volatility could be taken advantage of if you're clever enough, the sideways movement of bitcoin is always such fortune for the traders in general.
they could easily make money off it, but eventually we all knows that bitcoin will come near its all time high again, that if some big money flows in the bitcoin and helps the market to grow.

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May 11, 2023, 01:26:19 AM
 #26

The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.
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May 11, 2023, 03:47:34 AM
 #27

The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.

Correct, it's just the normal price movement that we are seeing although we have recovered already from the bottom. Now, the next target is $30k which is not far from achieving, it's just we don't have enough momentum for now, some small corrections to $27,500.

Not nothing to worry about and there's no trouble, we just need to learn and not to force the market to continue it's run because technically, we are still in the bear market. The bull market is said to start next year right after the halving. So that is at least a year from now and so it's better to expect that we might see some downside along the way.

R


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May 11, 2023, 11:43:08 AM
 #28

The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.
I don't think bull market is not trouble exactly for holder or investor bought bitcoin with higher price, but give opportunity to us earn profit in short term with bull market and has chance to reinvesting with lower price. Difficult for bitcoin break out above $30k since last month success wake up at that price until current price back to $28k. Chance when halving moment near close for seeing Bitcoin will back to higher price or not, keep stuck with $30k or bull market is still trouble for bitcoin investor. Have few months later with halving time and will expected not any bull market at the future and Bitcoin raise to higher price again?

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May 11, 2023, 12:11:33 PM
 #29

My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
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May 11, 2023, 12:49:37 PM
 #30

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

And so before they invest in Bitcoin, they are also sure that they understand how the situation had changed. Keeping in mind that the volatility of the market can never be changed so if they understand how it works, definitely, there is no reason why they have to worry about the sudden up and down of the price, instead, they remain calm and easy.
Should we say in will be in trouble? That will happen to those who don't understand as they are just making it hard while the crypto market went so easy.

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May 11, 2023, 01:24:42 PM
 #31

You panicking just in 2k usd price drop ? Cmon man, people here have seen massive drops from 70k usd to 10k usd, and still holding their coins, investing regularly, but you here coming and questioning here. Listen mate don’t forget that Bitcoins are limited in number. They will become very rare. A time will come when the demand of the coin will increase among the people, and no more Bitcoins will be the there to mined, at that time the price will just skyrocket to meet people’s demand. So don’t worry about these small price pulls. Hold your Bitcoins and you will surely see huge profit very soon.

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May 11, 2023, 01:39:13 PM
 #32

My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
Maybe it won't be a protracted problem as by now bitcoin transaction fees have dropped and are above $1 plus and maybe some investors will be quite relieved for those who trade daily for whatever purpose but I guess with the end of the hype at Brc20 ordinal it will ending soon so we will have more normal transactions again.

For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.

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May 11, 2023, 09:12:37 PM
 #33

Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

The recent downtrend in bitcoin volatility is not cause for concern because it is not the first time this has occurred. And the downtrend we are experiencing currently won’t affect the bull run that’ll be coming up maybe next year. The risk and reward in bitcoin is a risk, and every investor must have known and accepted that fact before the invested.

My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.

When viewed in cumulatively, the increase in bitcoin transaction fees is very worrying and disappointing, as it has its own side effect that will certainly damage the adoption of bitcoin more. If a long-term solution is found quickly, it will be great for bitcoin because many people only have confidence and believe in bitcoin amongst other cryptocurrencies.

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May 12, 2023, 02:26:12 AM
 #34

This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
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May 12, 2023, 04:49:14 AM
 #35

This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.

When bitcoin goes up, people predict it will continue to rise, when bitcoin goes down, people are skeptical and assume it will continue to fall. I advise you to stop listening to the predictions of experts or anyone because no one can predict the future, especially a volatile asset, and do not follow any rules like bitcoin.

The market has only 2 scenarios: up and down, if you are prepared for both, there is nothing to worry about. I don't know how far bitcoin will fall, but I want it to be as low as possible, I will be happy because I can buy at a low price to prepare for the next bull run.

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May 12, 2023, 05:00:14 AM
 #36

The bull run in general is not in any kind of trouble. What we have these days is a very similar situation to what we had back in 2017.

The bull run starts then as it is starting to gain momentum an attack starts against the network. Back in 2017 it was a spam attack flooding the mempool with garbage which would then increase the fees and make it hard for anybody to use bitcoin. And today it is the same with another attack called Ordinals where they too are flooding the mempool and doing the same.

Meanwhile market manipulators abuse the situation to crash the market, even though this time it was a small drop. We have to wait and see how much strength does the initial momentum have to counter the manipulation.

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May 12, 2023, 07:26:55 AM
 #37

Maybe it won't be a protracted problem as by now bitcoin transaction fees have dropped and are above $1 plus and maybe some investors will be quite relieved for those who trade daily for whatever purpose but I guess with the end of the hype at Brc20 ordinal it will ending soon so we will have more normal transactions again.

For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.
Well it is still around 10 bucks today last I checked, depends on where you use it of course there could be some lower and higher but that was around what it was. We peaked at 30 dollars at some point and that was definitely terrible so I am happy that it got lower and lower, but we need to keep lowering down a lot more. It's not at 1 dollar just yet but when we go back to that level, it is going to be great for sure without a doubt.

We also need to seriously discuss about lightning network or any other alternative, because even with segwit we are not reaching anywhere better by staying put. I get that we lowered it from legacy, but we need to do even better, staying at the same place would never end with anything good, we need constant progress.

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May 12, 2023, 08:35:18 AM
 #38

This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
It looks like Bitcoin's dismal trend back below $20K isn't going to happen any time soon although the downside is still ongoing this week in Bitcoin. Because one can see the decline that is happening slowly which logically is happening piecemeal so this should also be considered as a support that Bitcoin is still being defended by some people not to fall even deeper like it did through the bad trend last year.
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May 12, 2023, 09:18:36 AM
 #39

This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
It looks like Bitcoin's dismal trend back below $20K isn't going to happen any time soon although the downside is still ongoing this week in Bitcoin. Because one can see the decline that is happening slowly which logically is happening piecemeal so this should also be considered as a support that Bitcoin is still being defended by some people not to fall even deeper like it did through the bad trend last year.
If you look at the downward trend that is happening in the market at this time, of course it is very possible and I also assume that there is no too deep correction in the Bitcoin price and even the slow decline that is happening at this time I believe it will recover soon in the near future.
a new decline in the last week, regardless of what happened in previous years but I've only seen the movement of Bitcoin since the beginning of this year, the increase and decrease that has occurred in line slowly and it's quite stable and even decreased several times this year not too deep, I still believe it will also happen at this time.

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May 12, 2023, 11:24:40 AM
 #40

-snip-
Up and down a normal activity and it is not a new occurrence. When April is better than May, it is not certain that in June the price will be worse or better than April or May.
We only need to adjust what to do when the market goes up and when the market goes up.
This is where management and strategy and the expertise of an investor or trader are needed in taking advantage of various market situations.
Incorrectly taking advantage of market conditions can result in losses.

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May 12, 2023, 12:21:27 PM
 #41

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
What an earth are you talking about? That doesn't have any information. "Price is movin up and down"? And you are basically saying that bitcoin bull may be in trouble or may not.
Everyone knows this. It's called market conditions. No one can predict them 100%. Only thing worth talking about here would be "environment and government rules", but this is not news, it's been processing for a LOONG time now.

This just sounds like you would like to scare people but don't have anything concrete to back it up with. I would say that we have best fundamentals since the start of the Bitcoin. People who are scared now would have never ever holded from 2015 or before that.

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May 12, 2023, 04:38:35 PM
 #42

It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.

I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
But who wouldn't? All of us are happy about it because it's been a long time till we see that price again. To be exact, the price touch till $31k and stayed there for a few moment before it plunge down again. At least, those time frames are enough for us to sell some of our coins because we haven't done that as well.

Some likes to invest when the coins are rising which is different from us because we only invest on the dip but I think it was still fine because we are still far till we get back to the old ATH and maybe those uncommon investors will stop once we are close to it? Bitcoin bull run is not in trouble as the OP describes but the drop we experience are just normal, so there is no need to worry.

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May 13, 2023, 07:44:53 AM
 #43

It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.

I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
But who wouldn't? All of us are happy about it because it's been a long time till we see that price again. To be exact, the price touch till $31k and stayed there for a few moment before it plunge down again. At least, those time frames are enough for us to sell some of our coins because we haven't done that as well.

Some likes to invest when the coins are rising which is different from us because we only invest on the dip but I think it was still fine because we are still far till we get back to the old ATH and maybe those uncommon investors will stop once we are close to it? Bitcoin bull run is not in trouble as the OP describes but the drop we experience are just normal, so there is no need to worry.
I think people who invest only when it rises, are people who sometimes do make profits and that's why they do it. I mean it is obvious that if you can, buy at the very bottom price and wait until the very peak. But, some people realized bottom takes too long and they could literally put it on a banks saving account and make more money while waiting. Then it is easier to start investing just as the bull starts, you make a bit less money that's true but you save like a year doing that, because it has been low for like a year.

But then if you miss the increase, that really hurts, like we had 50%+ profit from the bottom so far and that means if you waited too long then you missed that. You can still profit, but that's gone, however some people prefer missing that over waiting for over a year.

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May 13, 2023, 12:40:44 PM
 #44

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it

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May 13, 2023, 01:32:15 PM
 #45

In May there has been no good movement, instead the price continues to decline and now it is around $ 26k, many factors make it difficult for the month of May to rise, according to predictions from many experts that many people need cash because to pay debts and also take safe steps and avoid high risk because the market is very volatile.

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May 13, 2023, 02:43:26 PM
 #46

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
Market conditions will always go up and down, and we, as bitcoin investors, must be prepared for all situations and conditions. We can use the downward moment by buying bitcoins and the upward moment by selling (if we want to sell at that time). If not, we can keep holding it until the bull run comes so that our profit will increase.

Good and bad news will always come and go, making many people worry about the declining bitcoin price. But it's not necessary because if we have strong hands to hold bitcoin in times of decline, we won't worry because, in the end, the price of bitcoin will surely rise again.
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May 13, 2023, 03:11:48 PM
 #47

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
Market conditions will always go up and down, and we, as bitcoin investors, must be prepared for all situations and conditions. We can use the downward moment by buying bitcoins and the upward moment by selling (if we want to sell at that time). If not, we can keep holding it until the bull run comes so that our profit will increase.

Good and bad news will always come and go, making many people worry about the declining bitcoin price. But it's not necessary because if we have strong hands to hold bitcoin in times of decline, we won't worry because, in the end, the price of bitcoin will surely rise again.

The market will always fluctuate, we cannot expect the market to go up forever or fear the market to go down forever, that never happens. As long as we always have a plan for both scenarios, we don't really mind when the market goes up or down. As a long term holder, I expect bitcoin to fall more than to rise because falling prices will help me buy bitcoins cheaply, so there is no reason to fear seeing the market down. To get the best profit, we need to buy low and sell high, so a bear market is a good thing.

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May 13, 2023, 03:25:14 PM
 #48

~
There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
The rules are getting stricter and the exchanges are facing the heat from the regulators but how come it will have an affect on the price and the environment fanatics are crying about mining for sometime and those things will not affect the price.

There was a network congestion when BRC-20 started clogging the network and hence the transaction fees started to rise and that is the main reason for the recent correction as far as i understand.
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May 13, 2023, 03:44:03 PM
 #49

What an earth are you talking about? That doesn't have any information. "Price is movin up and down"? And you are basically saying that bitcoin bull may be in trouble or may not.
Everyone knows this. It's called market conditions. No one can predict them 100%. Only thing worth talking about here would be "environment and government rules", but this is not news, it's been processing for a LOONG time now.

This just sounds like you would like to scare people but don't have anything concrete to back it up with. I would say that we have best fundamentals since the start of the Bitcoin. People who are scared now would have never ever holded from 2015 or before that.
Government rules and environment have always been a part of Bitcoin's journey since its inception and when it started getting popular, governments started acting since they sensed a threat in Bitcoin for their traditional financial institutions that they use to keep an eye on the financial activities of their citizen and that has been going on for centuries.

And now things like these aren't surprising anymore and people don't take them as seriously as they used to before because everyone used to think Bitcoin will die if governments start opposing it but that's been proven irrelevant.

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May 13, 2023, 05:38:52 PM
 #50

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
That is common as far as I know Bitcoin, the problem will always be on the journey or every cycle, and things like FUD are not strange anymore if you know Bitcoin longer.
Yes it is the schematic of those who have a lot of experience, buy when the decline and sell it when it is worthy of getting enough profit, so the way they take profit in the near or long term in Bitcoin.


In May there has been no good movement, instead the price continues to decline and now it is around $ 26k, many factors make it difficult for the month of May to rise, according to predictions from many experts that many people need cash because to pay debts and also take safe steps and avoid high risk because the market is very volatile.
The economic situation that is still in the question and trialing is now a risky asset to be very fluctuating, and I think fluctuations in Bitcoin have indeed become a spice in the friendship of a Bitcoin investor and I admit that this year the fluctuations are quite extrime.
And yes FUD that is being talked about today is a dense bitcoin network that causes the cost to be expensive at the Bitcoin network so that many whale consider it an attack on the Bitcoin network.

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May 13, 2023, 06:21:43 PM
 #51

Is the recent downward movement of bitcoin price that you notice what is putting the crypto bull in trouble? Before bitcoin soars in value, it is common for Bitcoin to experience a downturn moment price for some time. Many crypto investors would even anticipate that the price of bitcoin will continue to decline so that they can buy more and wait patiently for a bull run to happen, knowing for sure that every price decrease in bitcoin serves as an opportunity to grab more bitcoin that will pay up hugely in the bull run. 

When the price of bitcoin sharply drops, you should either buy more bitcoin or, better yet, use the DCA approach. Don't assume it is a troubled time for bitcoin but rather a best time


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May 14, 2023, 10:46:20 AM
 #52

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
Market conditions will always go up and down, and we, as bitcoin investors, must be prepared for all situations and conditions. We can use the downward moment by buying bitcoins and the upward moment by selling (if we want to sell at that time). If not, we can keep holding it until the bull run comes so that our profit will increase.

Good and bad news will always come and go, making many people worry about the declining bitcoin price. But it's not necessary because if we have strong hands to hold bitcoin in times of decline, we won't worry because, in the end, the price of bitcoin will surely rise again.

The market will always fluctuate, we cannot expect the market to go up forever or fear the market to go down forever, that never happens. As long as we always have a plan for both scenarios, we don't really mind when the market goes up or down. As a long term holder, I expect bitcoin to fall more than to rise because falling prices will help me buy bitcoins cheaply, so there is no reason to fear seeing the market down. To get the best profit, we need to buy low and sell high, so a bear market is a good thing.
It's okay if bitcoin falls more than it rises because when the time comes, the rise in bitcoin can be higher than before and will give us big profits. And as bitcoin holders, we don't have to worry about market volatility because if we can use it to our advantage, it will be an advantage. After all, we can buy bitcoins at low prices and hold them. And I agree that we have to have a plan for both scenarios to adapt to the situation and use it to our advantage. And if the people out there aren't prepared for whatever happens with the market, we have the advantage because we can put it to good use.
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May 14, 2023, 02:25:08 PM
 #53

Actually, the anticipated Bitcoin halving does not assure a bull trend, the only teason why uptrend is associated with halving is because of what happened from the previous one. But with Ethereum fork, it wasn't as huge as with Bitcoin's which somehow supports the idea of lack of certainty with price movement to what is anticipated. Inspite of high hopes, manage still the risk of expecting that much. We are in crypto industry and nothing is certain here. We may only assume but to be hookep up with those expectations will never be advisable. As OP havee mentioned, pattern was broken already by this year's price movement. For now being patient is all we can do until that 'thing' happen.

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May 14, 2023, 04:05:40 PM
 #54

there is a lot of speculation about why bitcoin prices go up or down because everyone has different thoughts or opinions. but I don't really think about that because I'm a long term investor. i am sure that whatever happens with bitcoin at the moment will not affect the future price of bitcoin, the price of bitcoin in the future will continue to reach much higher ATH.

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May 14, 2023, 04:09:19 PM
 #55

Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
As long as the main problem is not in our minds. Just enjoy it.

Make it a moment to strengthen Bitcoin ownership by increasing the amount in the asset portfolio.
Understanding Bitcoin price history can be a comparison to find out when is the right time to buy, hold and sell.

Sometimes many people misunderstand Bitcoin when the price is dropping. Even though the way to understand Bitcoin is quite easy by carrying out simple actions without having to get too bothered by excessive circumstances.
In my opinion, DCA is still very powerful to implement.

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May 14, 2023, 04:32:18 PM
 #56

I think that's just natural. I do hope that it could lead to another ATH and then we could be enjoying what we have earned. When we are on the part of the climax where we are going to reach the ATH again, that's probably another indication to have more of it or maybe sell if you need it. It's hard to really predict the movement of the market.

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May 14, 2023, 07:04:02 PM
 #57

Everyone who makes investment in Bitcoin will definitely have knowledge about its risks and rewards and those who are not familiar with this fact will not have too much knowledge so its important to first enhance your learning ability. Making investment is not important but learning before Initiation is important because taking step blindly will not make you successful.

Bitcoin or even any other coin cannot stay at a same price ever so its obvious that sometimes there will be increase in worth and sometime the market will be opposite according to our understanding so always remember that a person's success is achievable only if he has the ability to go through the situations wisely.



 

 

 

 

 

 


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May 14, 2023, 07:22:49 PM
 #58

Sometimes many people misunderstand Bitcoin when the price is dropping. Even though the way to understand Bitcoin is quite easy by carrying out simple actions without having to get too bothered by excessive circumstances.
In my opinion, DCA is still very powerful to implement.

I don't think it's that simple. You know that in the free market you can never find a trader who has the same skill, knowledge and experience about bitcoin. You will surely find them panicking when the market corrects or you may find them increasing their selling interest when the price increases. Look at how easily the market changes even when the price is trying to recover, but of course it is influenced not only by retail traders but also by some other big traders and investors.

DCA, of course, that is the recommended strategy. In practice you need a budget, but I really doubt that anyone can implement such a strategy in their investment plan consistently, unless your budgetary resources are really strong. Even I will never have consistency about DCA, it is influenced by my income and expenses every month.

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May 14, 2023, 07:44:01 PM
 #59

the market will remain to fluctuate and it is highly unlikely that the btc market will not be stable to function as currency.I will still use bitcoin because bitcoin can never be stable. Apart from the prospects of benefitting from bitcoins through investments, there are other uses of bitcoins that still stand out and provide massive benefits. The market merely represents demand and supply, and it is volatile, but no procedures can be followed to make it more stable. That's why they view bitcoin as riskier than other assets. Price correction occurs in every ATH. Bitcoin's previous ATH happened in 2021. We are currently in 2023 and we are still waiting for new ATH to arrive. The price of bitcoin in the future will continue to reach a new ATH.

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May 14, 2023, 07:53:11 PM
 #60

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Do you want to compare with the condition of Bitcoin now? You're talking about 2021, of course we can compare things to happen in the future bull run. But on the other hand, we cannot compare with 2023, it is a few steps behind in terms of crypto analysis. If we look at conditions in 2021, of course this will see the market for 2024, and we must also compare with previous years so that we can draw the right conclusions from the analysis we are doing.



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May 14, 2023, 11:59:05 PM
Last edit: May 15, 2023, 12:10:27 AM by n0ne
 #61

The market will move of its own unlike the external disturbance. This is the goodness with the market. Bitcoin used to have its bullish and the bearish move vary all of the sudden. With halving we can expect the market to be bullish around the close days. For now the market doesn't look like a troubled one, because it is moving on its own track and it isn't influenced.

For a long it wasn't able to have strong resistance to move high crossing specific barriers. The recent one being the market trying to cross $30k, but it keeps failing. For now it is in a move between $26k - $29k. This too can be stated as the impact of upcoming halving. Because after reaching high value it is hard to experience bullish move at the time of halving. So, now the market is slowed down and waiting for the bullish move.

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May 15, 2023, 02:00:21 AM
 #62

there is a lot of speculation about why bitcoin prices go up or down because everyone has different thoughts or opinions. but I don't really think about that because I'm a long term investor. i am sure that whatever happens with bitcoin at the moment will not affect the future price of bitcoin, the price of bitcoin in the future will continue to reach much higher ATH.
While finding the reasons about why something happens has its own merits, at the same time it is one of those things which is not really necessary to become profitable in any market.

What matters is what is actually happening, so if the price is going down then it does not really matter much why that is happening, what matters is that you take the right decisions at the time so you make money, or at least you do not lose a lot of it, only after those goals have been achieved then you can wonder about the reasons behind the movements of bitcoin.

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May 15, 2023, 04:32:49 AM
 #63

Until now nothing big has happened in May, in fact the downward trend continues and there is a chance the price will fall below $25k, of course this is a good consideration to buy when the price is cheap, don't miss the opportunity to buy when the price is falling.

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May 15, 2023, 05:33:14 AM
 #64

Until now nothing big has happened in May, in fact the downward trend continues and there is a chance the price will fall below $25k, of course this is a good consideration to buy when the price is cheap, don't miss the opportunity to buy when the price is falling.

I don't know if you check the price yet because it seems that we are seeing a good pump starting this Monday. We have seen the price going as low as $26,500. But as of time time, the price is $27,272 and most likely the price will try and attempt to break $27,500 or $28k perhaps this week.

If that is the case then it's good to see that the bulls has somewhat regain the market. So can also look at the mempool, fees are started to go back to normal as well, no more high fees that most of us complaining. So most likely that is the case here, bitcoin investors are going back to the market as fees are no affordable as at least.
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May 15, 2023, 06:27:42 AM
 #65

Until now nothing big has happened in May, in fact the downward trend continues and there is a chance the price will fall below $25k, of course this is a good consideration to buy when the price is cheap, don't miss the opportunity to buy when the price is falling.
When the Bitcoin price gradually declines from 30k to 26k, the market may experience some negative reaction but it is temporary. Currently, the price of Bitcoin has increased slightly. But if this continues it can cross $30,000 at any time. There are 15 more days left in this month. The recent increase in Bitcoin transaction fees and ordinal's effect have hampered the market for a while, but I think it will return to normal in the short possible of time. While a large number of investors have predicted that Bitcoin transaction fees can be a one reason for the rise of Bitcoin prices, but it will take some time to reflect. Moreover, I think the idea of Bitcoin halving next year is getting closer to happen so any minor problem cannot be a major hindrance for Rising So any minor problem cannot be a major obstacle for rising Bitcoin.

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May 15, 2023, 07:21:19 AM
 #66

Until now nothing big has happened in May, in fact the downward trend continues and there is a chance the price will fall below $25k, of course this is a good consideration to buy when the price is cheap, don't miss the opportunity to buy when the price is falling.
It seems you are not looking at the market today where Bitcoin is starting to gain some ground again to go towards $28K in the near future. Now try to stop by the market to see the price of Bitcoin so that you have a more correct assumption for this. Although in general there is nothing big this month for Bitcoin, but I don't think that Bitcoin will go below $ 25K this month. And I'll be waiting for your comments after you see the market today.
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May 15, 2023, 09:09:39 AM
 #67

Until now nothing big has happened in May, in fact the downward trend continues and there is a chance the price will fall below $25k, of course this is a good consideration to buy when the price is cheap, don't miss the opportunity to buy when the price is falling.
It seems you are not looking at the market today where Bitcoin is starting to gain some ground again to go towards $28K in the near future. Now try to stop by the market to see the price of Bitcoin so that you have a more correct assumption for this. Although in general there is nothing big this month for Bitcoin, but I don't think that Bitcoin will go below $ 25K this month. And I'll be waiting for your comments after you see the market today.
It is impossible to give a valuation for the market on the current day. Today bitcoin is up to 27.5k and tomorrow it could fall back to 25k. This can be affected by both good and bad news. Just because bitcoin rose again today doesn't mean anything. It needs to recover above 28k. By the way, May is usually a bad month for cryptocurrencies, so there is nothing special about a price drop in May.

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May 15, 2023, 11:21:19 AM
 #68

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC

A lot of factors could influence the future of the crypto market and one of these is how the government treats the crypto space. With their strict rule and regulations, we can really be saying that it was tough for the price to grow up like in the previous bull run. But this never makes us think that it works negatively as I was still indeed positive about it. With the growing number of investors and users, this is enough to push the market price even though other countries are strict about its adoption.

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May 15, 2023, 11:27:39 AM
 #69

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC



You'll be surprised; we will soon be in a bull run. In my opinion, the market hasn't changed; it's still the same as in the past, and we are still experiencing high volatility. However, if you look at the big picture, you will see that the market is bullish. So, I suggest not focusing on the current situation but instead looking at the big picture, which will give you confidence about what the future may hold.

Bitcoin usually starts a bull run, and then the rest of the market follows. So, if you have doubts that we will not see a bull run soon, that's actually a good sign to start buying, as average individuals often panic. That's when the whales begin to play their game and bring the market into a bullish mode.

Buying when people are fearful is what I've learned the best strategy to be profitable.

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May 15, 2023, 02:39:48 PM
 #70

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Actually investing in bitcoin is not something you will use all your money but nothing more your spare money, is not good and encouraging using all your generated income to invest in bitcoin  knowing quite well that bitcoin is virtual currency and theirs is every possibilities that bitcoin can rise today and falls tomorrow depending on the conditions of the market determinants, so in the aspect of bullish market I don't think bullish market have a specific time that it occurs, it normally occur when the demands of the market is high and the market will skyrocket, and this can happen to investor when the investor the investor is a kind of long term investor, anyone is running bitcoin investment long term Is people who knows the secret behind bitcoin investment, because many who are bitcoin billionaire's today never be discouraged of investing long term knowing that anytime soon bitcoin will propagate or accelerate in price, so that's while I stipulated initially that bitcoin investment is something you will venture with a spare money some that when the market experiences negative it will not affect the investor that much.

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May 15, 2023, 02:51:02 PM
 #71

I totally agree with what you said that it is really hard to read Bitcoin price movement in the market. And this kind of thing is not really new in this industry.

        Whatever happens to the current value of bitcoin is due to its volatility which is very difficult to predict. That's why it is necessary that we know how to read the graph or chart when we perform trading activities in cryptocurrency or bitcoin. Also, I don't see any problem with the upcoming bull run of bitcoin, the community only has that thought because most of the people here in the crypto space are gossips or easily believe in the rumors of people who do nothing. research first before believing it.



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May 15, 2023, 05:02:13 PM
 #72

I don't think it's that simple. You know that in the free market you can never find a trader who has the same skill, knowledge and experience about bitcoin. You will surely find them panicking when the market corrects or you may find them increasing their selling interest when the price increases. Look at how easily the market changes even when the price is trying to recover, but of course it is influenced not only by retail traders but also by some other big traders and investors.
I and other people or maybe we never know that in a free market that carries out long-term or daily activities there are traders who have all of that. Therefore it is no longer a secret if before starting trading activities in the free market, knowledge is the main capital before putting forward a budget because regarding coin trading the trial and error pattern does not apply like in other fields.

DCA, of course, that is the recommended strategy. In practice you need a budget, but I really doubt that anyone can implement such a strategy in their investment plan consistently, unless your budgetary resources are really strong. Even I will never have consistency about DCA, it is influenced by my income and expenses every month.
Without thinking long, unprepared for everything that has to do with a strategy to make a profit, it's better not to become a trader or investor than to lose money.

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May 15, 2023, 08:05:46 PM
 #73

What an earth are you talking about? That doesn't have any information. "Price is movin up and down"? And you are basically saying that bitcoin bull may be in trouble or may not.
Everyone knows this. It's called market conditions. No one can predict them 100%. Only thing worth talking about here would be "environment and government rules", but this is not news, it's been processing for a LOONG time now.

This just sounds like you would like to scare people but don't have anything concrete to back it up with. I would say that we have best fundamentals since the start of the Bitcoin. People who are scared now would have never ever holded from 2015 or before that.
Government rules and environment have always been a part of Bitcoin's journey since its inception and when it started getting popular, governments started acting since they sensed a threat in Bitcoin for their traditional financial institutions that they use to keep an eye on the financial activities of their citizen and that has been going on for centuries.

And now things like these aren't surprising anymore and people don't take them as seriously as they used to before because everyone used to think Bitcoin will die if governments start opposing it but that's been proven irrelevant.
Well, let's just say that they have as much changes shutting it down as back then. Technically banning fiat pairs has always been a threat, fud just comes back again and again into that. And i don't mind, it's good fud and definitely plausible. But i see more changes in total regulation and end of pseudonymity. It's really far fetched that anyone would get this done. War against cryptos would cost just too much money and they need their staff fighting actual big time money laundering trough shell companies and cash.

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May 15, 2023, 09:34:40 PM
 #74

You don't need to worry too much because next year btc will be halving so it's quite natural that this year we see btc prices in a sideway phase where this month it's clear that btc is below $30k and above $25k. Now the most important resistance point will probably occur at $30k if we pass this price one more time I think the btc price will increase quite significantly in the months to come.

But it's up to each analysis where the point of confidence in yourself is the best decision you make. You are waiting for the cheapest price please and you take advantage of this reduction opportunity to buy also a good choice. But know we are currently below the ATH price and definitely it is at this price that it might be great to buy and hold btc until the bull run really comes along.

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May 15, 2023, 09:42:45 PM
 #75

You don't need to worry too much because next year btc will be halving so it's quite natural that this year we see btc prices in a sideway phase where this month it's clear that btc is below $30k and above $25k. Now the most important resistance point will probably occur at $30k if we pass this price one more time I think the btc price will increase quite significantly in the months to come.

But it's up to each analysis where the point of confidence in yourself is the best decision you make. You are waiting for the cheapest price please and you take advantage of this reduction opportunity to buy also a good choice. But know we are currently below the ATH price and definitely it is at this price that it might be great to buy and hold btc until the bull run really comes along.

if you are a strong believer of this market, there's no need to convince you to buy while the price is like at bargain levels. because if you think you can get your profits later on, then you are already stashing more to prepare for the upcoming bullish season.
however, do take note, that to avoid being screwed and losing your money in this market. just spend what you can afford to lose. the price may rise in the future, but you may have urgent need to sell it while the price is low. so better assess your financial capabilities first before buying in.

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May 15, 2023, 10:54:54 PM
 #76

In general, the recent condition of market is totally volatile and a bit confusing. In addition to that, this current bear may continue and we have no clue when it is going to end. Probably, the new strict rules of governments towards centralized exchanges have an awful impact on market although it’s definitely not the main reason. In my opinion, the whole market is literally dominated by capitalists ( whales ), they would not let the bull run occurs in an easy way, their main goal is to make weak hands sell their funds and consequently the prices will go more down. At that moment, they will purchase large amounts and make investors buy cryptocurrencies. It is a whole game produced
By whales and governments. Unfortunately, who have largest assets of crypto is able to manipulate the market. All we have to do is to analyze every new condition , deal with it and expect the unexpected.
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May 15, 2023, 11:55:56 PM
Last edit: June 11, 2023, 11:15:03 PM by STT
 #77

Its challenged but not yet indicating failure across daily or YTD time frames.   Failed to pass weekly average today and falling back to the 2 day average, its a short term reset which can develop negatively or retry in its recovery still unknown imo.
Hourly bars over the last couple days seems convergence of moving averages and a constriction of range, when that breaks we might see a better direction form rather then just batting back and forth showing neither up or down as sustained movement.    Same with daily bars, we haven't really done anything new bulls are disappointed and the shorts arent really raking in money easily at this point either but the positive from YTD remains so BTC is not in trouble imo.

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May 16, 2023, 11:26:38 PM
 #78

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Actually investing in bitcoin is not something you will use all your money but nothing more your spare money, is not good and encouraging using all your generated income to invest in bitcoin  knowing quite well that bitcoin is virtual currency and theirs is every possibilities that bitcoin can rise today and falls tomorrow depending on the conditions of the market determinants, so in the aspect of bullish market I don't think bullish market have a specific time that it occurs, it normally occur when the demands of the market is high and the market will skyrocket, and this can happen to investor when the investor the investor is a kind of long term investor, anyone is running bitcoin investment long term Is people who knows the secret behind bitcoin investment, because many who are bitcoin billionaire's today never be discouraged of investing long term knowing that anytime soon bitcoin will propagate or accelerate in price, so that's while I stipulated initially that bitcoin investment is something you will venture with a spare money some that when the market experiences negative it will not affect the investor that much.
Going all in is never been recommendable and we know that in every investment does have that accompanied risks which it would be normal that you should really be that be mindful on having some limitations on how much you could only be able to put up on crypto investment.Bitcoin does have potential and so as with other top altcoins in the market as of now which you would really be having that
feeling or impression that it is really worth on investing into it, its not bad to have that kind of approach but always be mindful that going all in is never been that recommendable.
Bull run is something that everyone is really that expecting for it to happen which we know that there is that some sort called as a market cycle. We do have a bearish market as of this moment
but on the time that the market would be making some u-turn then this is where bull market would happen. The main question on here, is on when it would happen?

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May 17, 2023, 08:07:30 AM
 #79

Therefore, this is due to the volatility that Bitcoin has or in other terms is unpredictable. And if it coincides with a news that can affect the market, it is also possible to pull the value of bitcoin down or up depending on what is reported.

Now to your question my answer is Yes, it is possible that the bull run for bitcoin will cause some problems such as Fomo, Fraud and Volatility.



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May 17, 2023, 09:06:37 AM
 #80

Therefore, this is due to the volatility that Bitcoin has or in other terms is unpredictable. And if it coincides with a news that can affect the market, it is also possible to pull the value of bitcoin down or up depending on what is reported.

Now to your question my answer is Yes, it is possible that the bull run for bitcoin will cause some problems such as Fomo, Fraud and Volatility.
FOMO is not a problem for bulls, on the contrary it is a good thing. Usually when FOMO happens in the market, that is, people start to rush to buy so as not to miss out on the gains, a powerful bull market happens. But right now we are not seeing good or bad news. There is volatility in the market right now.

.
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May 21, 2023, 06:20:12 AM
 #81

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC





Well i believe that bull is in trouble because if not we can maybe feel it right now, most of coin are down and btc is struggling under 30k$ i dont know if it will go up above my expectations this month which is 35k$, there is always a risk so we need to always set a limit, if bitcoin will not reach 35k$ this month the bull run is maybe happen next year and not this year.


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May 21, 2023, 02:35:06 PM
 #82

You don't need to worry too much because next year btc will be halving so it's quite natural that this year we see btc prices in a sideway phase where this month it's clear that btc is below $30k and above $25k. Now the most important resistance point will probably occur at $30k if we pass this price one more time I think the btc price will increase quite significantly in the months to come.

But it's up to each analysis where the point of confidence in yourself is the best decision you make. You are waiting for the cheapest price please and you take advantage of this reduction opportunity to buy also a good choice. But know we are currently below the ATH price and definitely it is at this price that it might be great to buy and hold btc until the bull run really comes along.
Maybe they want a Bullrun this year but the reality is it's not going to happen unless there's a bit of a recovery from where the price was past $30K maybe more than that later but just not necessarily at resistance in May unless I look to stare in June which will come whether there will be a little movement or in the opposite direction but what is clear is that we don't need to panic.

I'm sure there will be a lot of analysis that they make with their respective points of confidence, but I think this is still very momentum to buy instead of waiting for the low price, I don't want to be left behind even though there are other analyzes that say bitcoin is even lower, but my trust is not so big except at the current price to start it then hold until the next ATH.

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May 21, 2023, 07:54:37 PM
 #83

Not really that the Bull are in that Big trouble, there are still hope that we can head back up, but bulls have gradually started losing control of the market and momentum is down, while the bears are gaining more strength and are fighting to see if they can force the price to drop lower than where we are right now. Checking from the Weekly Chart perspective, $27,648 is looking like the market went back their and tapped to confirm the break down to $26k but only to be asertained if we head lower than the $26k previous price we dropped to.

R


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May 22, 2023, 01:37:54 AM
 #84

It looks like there won't be another bull run in May, in fact I'm sure May won't touch $30k even though it still leaves about 10 more days, many people need cash for necessities so that it makes bitcoin prices difficult to rise, but when prices drop like when this is a great opportunity to buy.


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May 22, 2023, 08:48:19 PM
 #85

i believe that bull is in trouble because if not we can maybe feel it right now, most of coin are down and btc is struggling under 30k$ i dont know if it will go up above my expectations this month which is 35k$, there is always a risk so we need to always set a limit, if bitcoin will not reach 35k$ this month the bull run is maybe happen next year and not this year.
Why do you think that the price of Bitcoin for the whole year will be determined based on its price by the end of this month? There are 7 more months after this one for the year to end, so anything can happen in these 7 months. And expecting $35k only within this month is too much in my opinion, the price might not even go above $30k this month.

Even if it manages to go above $35k in the next month, we will surely see the price going around $45k by the end of the year since that will bring some positive sentiment in the market and most people will stop panicking.

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May 23, 2023, 02:59:47 AM
 #86

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Wait wait !! according to what is happening? and what is quickly changing here? this market is volatile and of course value will change from here and there , depending in the support and market flow so what should be bad there?

have you look the market graph all those years for you to comment like this?

https://coinmarketcap.com/currencies/bitcoin/

not because the price is changing meaning this is trouble , Maybe you as FUD releaser but bitcoin is just acting fine .









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May 23, 2023, 10:44:14 PM
 #87

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Wait wait !! according to what is happening? and what is quickly changing here? this market is volatile and of course value will change from here and there , depending in the support and market flow so what should be bad there?

have you look the market graph all those years for you to comment like this?

https://coinmarketcap.com/currencies/bitcoin/

not because the price is changing meaning this is trouble , Maybe you as FUD releaser but bitcoin is just acting fine .
What would you expect? There are really people who do really love on giving out those "What ifs?" kind of question on which they arent even trying to look at on the chart on which if ever they would
be doing so then for sure they would really be having the idea on where we would be going. Of course this market is really that volatile and unpredictable and it is really just that right that it could
go upwards and downwards on short time basis and if you do go into a situation where it is really going downwards and instead of freaking out then its better to treat it as an opportunity for you to
get in because getting cheaper coins is something an opportunity for us to grab on.

We cant really just be having a market to have a single movement or path to take.If it goes down then it could go up later on. This is why profitability would really be just depending on a certain
person on how he would be able to handle himself into this volatile and unpredictable market.

R


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May 24, 2023, 12:00:57 AM
 #88

environmental reasons or government regulation is old news, some people use this news to create FUD. under any circumstances or conditions and in the short or long term the price of bitcoin will fluctuate and will never be stable because bitcoin is not a stable coin. whatever the current problem is, I'm sure that in the future bitcoin will still reach a new ATH, and this is the reason why I continue to invest in bitcoin and choose long-term investments.
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May 28, 2023, 12:06:54 AM
 #89

According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people thinnk
Bitcoin's movement of price is an up-and-down movement right from the start of its creation. There wasn't a time it was at a standstill without fluctuating in price for a second. Those fluctuations it experiences in price don't relate to the environment and government rules as presumed by you. Although negative news can affect its price but that doesn't mean it won't be fluctuating in price without bouncing back in price.

It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.
One should exercise caution and consider the risk involved before making an investment in anything, not just bitcoin. The following investments should also be considered to be risky investments.
In order to succeed in life, one must make a smart, risky investment, and bitcoin appears to be the ideal fit for that in advance of the bull run season.

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May 28, 2023, 02:05:41 AM
 #90

It looks like there won't be another bull run in May, in fact I'm sure May won't touch $30k even though it still leaves about 10 more days, many people need cash for necessities so that it makes bitcoin prices difficult to rise, but when prices drop like when this is a great opportunity to buy.

It's good though, I mean from January to April already, we have huge gains from those months and so May might be different. There are huge expectations that we might see a continuous run to $30,000++ but it's not meant to be. We are blown away by the whole ordinal hype thus affecting and clogging the mempool and this might cause an alarm for investors that's why there is a sell off and price is just around $26,000-$27,000. But at least it's not a big dump, we are still holding the support line.

So let this month pass by, we will look with positive enthusiasm this June and hopefully the target of $30,000 will be breach again and then we are going to sustain that price.

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May 29, 2023, 10:43:38 AM
 #91

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.


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bestcoins1
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May 29, 2023, 11:17:23 AM
 #92

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.
The price range of Bitcoin currently circulating in the market is still not too far from the highest price in March this year. This means that the current Bitcoin price is still very normal and not bad even though it is still difficult to pass $30K and I think that almost all Bitcoin holders are still quite optimistic about Bitcoin in terms of price increase, apart from the halving day moment that is likely to occur next year. The price movement in the past two days shows that Bitcoin is still in high demand, so it is also very possible that it will not collapse in the near future.

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May 29, 2023, 06:29:47 PM
 #93

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.
a few days ago Bitcoin has indeed reached $ 30k and unfortunately at this time Bitcoin has experienced a correction and is trading below $ 30k,
I hope that in June the price of Bitcoin can be above $ 30k again, because if bitcoin can be above $ 30k then there is a possibility that bullish will arrive.
and 2024 is exactly what you said I also believe the price of Bitcoin will skyrocket.

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May 31, 2023, 01:23:00 PM
 #94

I think the inhibiting factor for bitcoin is difficult to bull in May because many people take profits when the price reaches $ 30k, as we know that at the end of 2022 the price is around $ 16k and those who sell at $ 30k get almost 100% profit, this is what makes price is hard to go up.
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May 31, 2023, 04:21:40 PM
 #95

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.
a few days ago Bitcoin has indeed reached $ 30k and unfortunately at this time Bitcoin has experienced a correction and is trading below $ 30k,
I hope that in June the price of Bitcoin can be above $ 30k again, because if bitcoin can be above $ 30k then there is a possibility that bullish will arrive.
and 2024 is exactly what you said I also believe the price of Bitcoin will skyrocket.
It hasn't been 30k in any place I know and I have checked, and I have not seen anything like that. The highest we have been recently was a bit above 28k, and even if we take it for a full 30 days it has been a bit higher than 29k as well. So all in all, it has been a while since we have been over 30k, last time was during April I believe. This is why we should be a lot more careful with what we are looking at and it hasn't been that much up and not that much down.

If you think that it has gone above 30k and right now it is under 27k then you would be upset, but if you know the truth which is the fact that it is green in the last 7 days so we are doing fine, then you would be happy. Knowing the movements could change the way you think about the market.

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May 31, 2023, 05:16:47 PM
 #96

-snip-
It hasn't been 30k in any place I know and I have checked, and I have not seen anything like that. The highest we have been recently was a bit above 28k, and even if we take it for a full 30 days it has been a bit higher than 29k as well. So all in all, it has been a while since we have been over 30k, last time was during April I believe. This is why we should be a lot more careful with what we are looking at and it hasn't been that much up and not that much down.

If you think that it has gone above 30k and right now it is under 27k then you would be upset, but if you know the truth which is the fact that it is green in the last 7 days so we are doing fine, then you would be happy. Knowing the movements could change the way you think about the market.
The last time bitcoin traded at over $30k was on April 19, 2023 before correcting to $27k. Bitcoin briefly tested the $30k resistance back on April 26, but at that time the highest price was $29,995 which then corrected again. So it is true that since the bitcoin price underwent a correction on April 19th, $30k has not been reached until today.

You can check trading history on the following link: https://coinmarketcap.com/currencies/bitcoin/historical-data/

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May 31, 2023, 05:47:06 PM
 #97

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.

There is no momentum in that run, but it's good that we have seen $30k again, but let's see, we still have the next 6 months to accomplished this again. Although technically we are still in a bear market, but who knows, there are predictions that $50k could be touch before the bitcoin block halving.

Of course, every opportunity counts, so if we have some money then definitely treat it as a investment for now and then just hold on it till the next bull run. Others are excited already, about what the price will be in the future, but they are not stacking up their bitcoin wallet. Don't waste that opportunity and everyone should at least learn how to save or invest thru DCA.

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June 02, 2023, 06:45:52 AM
 #98

It seems that the moment for Bull Run will not occur in a short time or this year, the moment when the price can reach $ 30k and happens in March and hope to continue to rise until it can recover but the market continues to decline, many analysts predict the price range of the year 2023 is between $ 22K to $ 32K.
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June 05, 2023, 01:54:32 PM
 #99

The thing that makes bitcoin difficult to rise this year is because there are more and more speculators who immediately sell when they get profits, as we know that many people make crypto trading their main job and income so when they feel they are making a profit they will sell and of course make the price difficult for rising.
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June 05, 2023, 02:09:50 PM
 #100

The thing that makes bitcoin difficult to rise this year is because there are more and more speculators who immediately sell when they get profits, as we know that many people make crypto trading their main job and income so when they feel they are making a profit they will sell and of course make the price difficult for rising.
Do you mean investors?
Anyways, real investors are not speculators, they act based on what they think is right and for sure with some basis of their TA. It is possible for newcomers and impatient investors, who've never chosen long-term investments but prefer to get make a profit instantly and so when they don't understand the situation, they simply sell their Bitcoin. And that kind of thinking and behaviors help to drag the price down, not by helping it to grow. That is why it was too hard to think about of reaching $100k when the majority have carried this kind of mindset.

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June 05, 2023, 02:14:33 PM
 #101

The thing that makes bitcoin difficult to rise this year is because there are more and more speculators who immediately sell when they get profits, as we know that many people make crypto trading their main job and income so when they feel they are making a profit they will sell and of course make the price difficult for rising.

Well, but speculation is always there. The fact that people sell as soon as they have profits also happens in bull markets when the price rises a lot.

I think that now the price simply does not go up more because of the period of the cycle we are in, the macroeconomic situation (especially because of the high rates) and because we have no news to push the price up.

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June 06, 2023, 02:26:13 PM
 #102

May closed lower compared to April, of course this is an indication that the market has not recovered, when it was March and the price could skyrocket from $ 22k to more than $ 30k making us optimistic that the bull run will happen soon, unfortunately there is a decline and of course there are many reasons.
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June 11, 2023, 12:42:11 PM
 #103

May closed lower compared to April, of course this is an indication that the market has not recovered, when it was March and the price could skyrocket from $ 22k to more than $ 30k making us optimistic that the bull run will happen soon, unfortunately there is a decline and of course there are many reasons.

And if you look at it, there is one compelling reasons why the price in June has been hindered, it's because SEC decided to file a lawsuit against the top crypto exchanges which is Binance. Now the price goes down again to $25k and it really doesn't look good for the market.

Nevertheless, this is just a setback, just temporary for this year. Long term or at least in the next six months, I'm still seeing that the price might recovered for good, Might not be the bull run that we are expecting. But if we are going to compare it to the price that we have seen in the beginning of this year, then it's a significant jump.
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June 11, 2023, 01:56:33 PM
 #104

May closed lower compared to April, of course this is an indication that the market has not recovered, when it was March and the price could skyrocket from $ 22k to more than $ 30k making us optimistic that the bull run will happen soon, unfortunately there is a decline and of course there are many reasons.

And if you look at it, there is one compelling reasons why the price in June has been hindered, it's because SEC decided to file a lawsuit against the top crypto exchanges which is Binance. Now the price goes down again to $25k and it really doesn't look good for the market.

Nevertheless, this is just a setback, just temporary for this year. Long term or at least in the next six months, I'm still seeing that the price might recovered for good, Might not be the bull run that we are expecting. But if we are going to compare it to the price that we have seen in the beginning of this year, then it's a significant jump.


The SEC only attacked Binance.us and some exchanges in the US market, not our entire market. They don't have the power to attack the entire Binance or market, so these effects will pass quickly. Furthermore, a bitcoin drop to $25k or less would be great, not as bad as you're feeling. If you also believe that all will be over soon and bitcoin will recover, then there is no reason not to collect more bitcoins now instead of worrying that things will worsen. We've been through much worse, and we've survived, so I'm not bothered by this little news.

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June 11, 2023, 02:42:34 PM
 #105


And if you look at it, there is one compelling reasons why the price in June has been hindered, it's because SEC decided to file a lawsuit against the top crypto exchanges which is Binance. Now the price goes down again to $25k and it really doesn't look good for the market.

Nevertheless, this is just a setback, just temporary for this year. Long term or at least in the next six months, I'm still seeing that the price might recovered for good, Might not be the bull run that we are expecting. But if we are going to compare it to the price that we have seen in the beginning of this year, then it's a significant jump.

This is the best time to accumulate I used to wish that the price take off for the last three years but now that the halving is getting close I am looking for the floor price so I can buy more than SEC against Binance is unexpected and it comes at the wrong time, I like the price to drop but I don't want another intervention from SEC.

I missed buying a lot in the last halving and I don't want to miss again this coming halving but news about SEC is not good for the community.

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June 11, 2023, 04:47:23 PM
 #106

Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.
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June 11, 2023, 07:39:02 PM
 #107

Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.

We will not be able to avoid Bitcoin fluctuations, because those are the characteristics of movements favored by traders, yes that is high volatility,
indeed risk management must be mastered if you want to invest in Bitcoin it could be bullish and will not return like some altcoins that have experienced that.

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June 11, 2023, 07:54:58 PM
 #108

Indeed, the price of Bitcoin has experienced significant fluctuations in recent months.

At least in the last month, that's true. But this is not the end all.


There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.

That's generally good advice and repeated from time to time by one user after another, but it seems that everyone will be different. I mean, they know the price of bitcoin fluctuates, but they can't afford to have the strong hands to hold the bitcoin without selling it at a loss. Everyone can invest in something that has the potential to be profitable, but not everyone is able to manage their emotions and psychology to avoid losses when the market fluctuates.

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June 11, 2023, 11:21:34 PM
 #109

Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.

We will not be able to avoid Bitcoin fluctuations, because those are the characteristics of movements favored by traders, yes that is high volatility,
indeed risk management must be mastered if you want to invest in Bitcoin it could be bullish and will not return like some altcoins that have experienced that.
There is indeed no way to avoid market fluctuation since its the greatest weapon that generated the unbelievable multiplier in the market but Bitcoin investors need to focus more on the good things the downtrend market always provides rather than complaining or creating threads about the market downtrend that won't last forever.


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June 13, 2023, 04:45:40 AM
 #110

Well the bull is having some troubles getting past price point of 26k. I think that 25k may prove to be the lowest point of this correction but it’s difficult to say for sure.
I certainly hope that was the bottom that’s for sure. On the other hand, it wouldn’t surprise me if it did dip below 20k.
As more of a long hold investor in BTC, I try and not focus on the price too much. My view is more about patience and wait this correction out. It’s only a matter of time until BTC recovers and hits a new all time record high.

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June 13, 2023, 04:55:35 AM
 #111

Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.

We will not be able to avoid Bitcoin fluctuations, because those are the characteristics of movements favored by traders, yes that is high volatility,
indeed risk management must be mastered if you want to invest in Bitcoin it could be bullish and will not return like some altcoins that have experienced that.
fluctuation must take place before we get to the top , for how many times that people inside this market sees that coming , but what they did not understand is when to set their funds inside or outside.
how much we need to risk and how much we need to wait.
so many chance that people missed those hints but now? i know when and where and of course how.
Well the bull is having some troubles getting past price point of 26k. I think that 25k may prove to be the lowest point of this correction but it’s difficult to say for sure.
I certainly hope that was the bottom that’s for sure. On the other hand, it wouldn’t surprise me if it did dip below 20k.
As more of a long hold investor in BTC, I try and not focus on the price too much. My view is more about patience and wait this correction out. It’s only a matter of time until BTC recovers and hits a new all time record high.
don't worry about bull not hitting 26k early now because what we are expecting to what will come in the next year in which? Halving is coming to place and surely will make the market greening again.









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June 15, 2023, 06:10:35 AM
 #112

The market is currently very difficult to bully, even today it dropped again by around 4% and is below $25k, of course this is an indication that this year will be difficult, the many FUDs issues that frighten many users and keep the market volatile.

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June 15, 2023, 10:49:52 PM
 #113

The market is currently very difficult to bully, even today it dropped again by around 4% and is below $25k, of course this is an indication that this year will be difficult, the many FUDs issues that frighten many users and keep the market volatile.
If you've been here on this market for how many years and witness out some several bear cycles then these kind of negative news wont really be bulging you to make you panic but instead you would really be getting

used to it.Its not something new i would say that no matter we dont really like to see these news or issues but still they would really pop out like mushrooms.Manipulation? Intentional? We dont know but its quite obvious.
There are really ones who do really want to buy at the bottom and this is why they would really be trying out to make the market as low as possible which these corrections and crashes is really something that we could really see on a normal market phase.

When those fellas are already on position then this is where bull run would be happening. They would really be popping out positive news in every corner and making out some FOMO
and sell out when its already on the peak.Its a common market cycle which its not really that surprising.

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June 15, 2023, 11:08:34 PM
 #114


And if you look at it, there is one compelling reasons why the price in June has been hindered, it's because SEC decided to file a lawsuit against the top crypto exchanges which is Binance. Now the price goes down again to $25k and it really doesn't look good for the market.

Nevertheless, this is just a setback, just temporary for this year. Long term or at least in the next six months, I'm still seeing that the price might recovered for good, Might not be the bull run that we are expecting. But if we are going to compare it to the price that we have seen in the beginning of this year, then it's a significant jump.

This is the best time to accumulate I used to wish that the price take off for the last three years but now that the halving is getting close I am looking for the floor price so I can buy more than SEC against Binance is unexpected and it comes at the wrong time, I like the price to drop but I don't want another intervention from SEC.

I missed buying a lot in the last halving and I don't want to miss again this coming halving but news about SEC is not good for the community.

The best time is when the price hits lowest low last year at $15,500. But yes, I think at $25k, still very cheap and at a discount to all of us. SEC or at least the Democrats are doing everything in their power to stop Bitcoin or crypto, but it's harder than they think. They have the power, but I doubt that it will be enough, even against Binance.US or Coinbase.

The market is currently very difficult to bully, even today it dropped again by around 4% and is below $25k, of course this is an indication that this year will be difficult, the many FUDs issues that frighten many users and keep the market volatile.

Check the market again, price is above $25k now. But I o agree that it went below $25k and even myself thought that we might go down hard to $23k because $25k is the biggest support to us.

However, it seems that the market has renewed it's love to Bitcoin, investors are back, but we are still that far from the bull run that we wanted to see. The real bull run is right after the block halving.

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June 15, 2023, 11:36:23 PM
 #115

Bitcoin Bull hasnt started is my take, it only recovered to 30k.  Thats a start sure but look larger scale, we didnt even get above 23% retracement; for sure we can do better so this isnt over or really even begun imo.

  Basically we've seen this before, the initial recovery is not likely to be the all perfect run people want it to be.  A pullback right now is quite normal, its a test of resolve in participants.  The test in negative movement, the sell to match the initial rise this year could go as deep as the 200 day average.     BTC price action falling off a ladder right now would be down to like 23.7k and thats quite harsh but always possible, more probable is this happens slowly which to me could almost be said to be worse as we are wasting time and energy to do so.  
   Markets will always involve as many people as possible and because of that its not always best to be involved in every trade as if it will work for you personally.     200 day average is the thing everyone and their mom knows about it, its the most common measure its something and its nothing because its just an average but everyone gets what an average price is so its important because so many people will observe this.
  The main take away is 200 day simple moving average is rising but we may have to kiss it before we can move on with more optimistic positive action.  The time to decide that process can be days, weeks or we can be here months which is a bit boring but I never doubt we'll get unexpected events and bumps along the way so also its never boring :p

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June 16, 2023, 03:58:32 AM
 #116

The price trend continues to decrease, we have to be patient to see a bull run, but the thing that makes me optimistic is that the price can rise again to $ 25k so that investor confidence will increase, if we want to get big profits then I suggest buying more now.


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ningrum
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June 16, 2023, 06:56:43 PM
 #117


Don't worry Good news has come after China now from Blackrock,
because Blackrock has proposed an ETF and most likely if approved of course this will return Bull to the crypto market,
so if you want to be patient you will definitely get good results,
we are also getting closer to the halving, then what's there to worry about?

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noormcs5
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June 17, 2023, 07:30:59 AM
 #118

May closed lower compared to April, of course this is an indication that the market has not recovered, when it was March and the price could skyrocket from $ 22k to more than $ 30k making us optimistic that the bull run will happen soon, unfortunately there is a decline and of course there are many reasons.

If you analysis we move from 19000$ to around 31000$ in the last few month's. Don't expect that the price will move all the way to all time high  without making any significant corrections. You can consider this correction period where the price is moving back towards the low before making another leg up.

Also one more bullish indication is there incipite of all the bad news from the coinbase  and sec representatives , the bitcoin price did not dumped a lot and its maintaining its support over 25000$.

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rhomelmabini
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June 17, 2023, 09:29:13 AM
 #119

Don't worry Good news has come after China now from Blackrock,
because Blackrock has proposed an ETF and most likely if approved of course this will return Bull to the crypto market,
so if you want to be patient you will definitely get good results,
we are also getting closer to the halving, then what's there to worry about?
Could be good but it's in history that the SEC never approved any spot Bitcoin ETFs yet and BlackRock may not be an exception now that the one that still on the seat at SEC is Gary Gensler. I'm not that bullish right now and not that bearish as well, I'm DCAing this market and it's the best strategy anyone could do at this moment.
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June 17, 2023, 10:52:10 AM
 #120

The price trend continues to decrease, we have to be patient to see a bull run, but the thing that makes me optimistic is that the price can rise again to $ 25k so that investor confidence will increase, if we want to get big profits then I suggest buying more now.
Take a look at the market now and I hope you don't pass it either because today the price of Bitcoin almost touched $27K again and I think investors who like to invest in Bitcoin in the long term will never panic with the current conditions because they are very used to dips meanwhile in the market and today the price increase has been seen again with a pretty good chart and I hope you really have seen it today so you don't think that the current trend is to go down.

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MFahad
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June 17, 2023, 06:27:07 PM
 #121


It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.

I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.

This is a type of emotion that if you see a green option then you desires to make more and more investment but this thing can put you in more risky situations therefore it is necessary to just control on your emotions under such circumstances. I think that higher price is not an option for investments but its a signals to reap your profit.

The market is lower but we will not loss hopes because it happened in the past so many times and recovered back to higher cost but only those had a profit who wait and did not make any wrong decision that time.









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imamusma
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June 17, 2023, 07:28:53 PM
 #122

The market is lower but we will not loss hopes because it happened in the past so many times and recovered back to higher cost but only those had a profit who wait and did not make any wrong decision that time.
You are right there, the price will not go down forever and the market can also recover after a correction. We've been through a lot of the same in the market and that has given us a lot of experience in how we position ourselves. If the existing experience is not utilized, then the opportunities will also be wasted.

Getting returns by holding and ignoring volatility isn't luck, but I think it's the best reward for the holder's patience and calm and optimism. They deserve that return because they are optimistic that bitcoin price volatility is normal.

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MFahad
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June 18, 2023, 04:51:10 PM
 #123

You are right there, the price will not go down forever and the market can also recover after a correction. We've been through a lot of the same in the market and that has given us a lot of experience in how we position ourselves. If the existing experience is not utilized, then the opportunities will also be wasted.

Getting returns by holding and ignoring volatility isn't luck, but I think it's the best reward for the holder's patience and calm and optimism. They deserve that return because they are optimistic that bitcoin price volatility is normal.

Success comes but for success we have to be patience because sudden success is not possible always. There comes a day when you get the prize because of your patience as we heard that the those people who keep calm and wait for the best will always get the best.

I thing that no one is unaware of volatility so that will be a successful person who accept unfavourable conditions as well because in favorable condition everyone get profit as it is easy but the real success is that which a person gets through his patience, knowledge and bearance.









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June 22, 2023, 03:38:11 AM
 #124

Big thing happened today because the price is back to $ 30k, as I said before that this week it will go up to $ 30k and it is, and I am happy to be able to buy bitcoin when the price is $ 26k but sorry for buying small amounts, but I Will buy again because I'm optimistic the bull run will happen soon and the start of the bull run will be the end of June as it is today.


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