BITCOIN BULL MAY BE IN TROUBLE

[Poker Player]

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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[Paul Pogba]

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.

[Jating]

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.

[Marvell1]

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.

[coin-investor]

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.

[arufox]

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.

[Smitty Werben Man Jensen]

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.

[ShowOff]

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.

[Myleschetty]

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.

[mich]

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.

[peter0425]

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.

[Kadal Ijo]

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.

[dunfida]

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.

[Baofeng]

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.

[STT]

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

[Pejoh Asu]

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.

[ningrum]

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?

[noormcs5]

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$.

[rhomelmabini]

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.

[bestcoins1]

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.