BITCOIN BULL MAY BE IN TROUBLE

[n0ne]

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.

[wxa7115]

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.

[Kadal Ijo]

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.

[Jating]

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.

[Rabata]

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.

[Davian144]

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.

[fzkto]

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.

[Ziskinberg]

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.

[stadus]

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.

[GeorgeJohn]

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.

[bettercrypto]

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.

[BTCGalaxyA12]

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.

[o48o]

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.

[arimamib]

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.

[AmoreJaz]

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.

[Baoo]

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.

[STT]

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.

[Quidat]

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?

[bettercrypto]

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.

[fzkto]

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.