This year is dumping ground for bitcoin

[Odusko]

I am sure your opinion on the condition of bitcoin in this year is changed by now and that will go a long way because at the moment, the price of bitcoin is already crossing the 30k margin, and at that it is a pointer that this year has not been entirely a dumping ground for bitcoin because bitcoin has been able to recover a multiple time before now.
And even up till now, we can see that Bitcoin is recovering strongly from its recent price dump.

[MiF]

All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.

Every down trend has a reason and we need to know that reason in order for us to decide whether we are going to buy more,look at the price of btc today it is almost reaching 30k$ from the dip, we need to also know what is the reason behind this rising of price in order for us to decide to buy or sell,all I can say is that don't sell at loss to avoid loss because this is crypto nothing is stable.

[Yaunfitda]

I am sure your opinion on the condition of bitcoin in this year is changed by now and that will go a long way because at the moment, the price of bitcoin is already crossing the 30k margin, and at that it is a pointer that this year has not been entirely a dumping ground for bitcoin because bitcoin has been able to recover a multiple time before now.
And even up till now, we can see that Bitcoin is recovering strongly from its recent price dump.

We've recovered already, the bottom price last year is $15,500. Now we are in the $30k'ish so it's almost double already the lowest low for this year. Not sure though if the OP has changed his mind and most likely this is what he has notice early though, and we can't blame him for that because after all we don't know where the price is going to be.

Technically we are still in the bear market that's why last year was worst for us. But despite all of that, the market remains very positive as we have bounce back and now it looks like we are going to attempt to at least break our highs for his year. So the magic number is $32k and up, till the end of 2023.

[Paul Pogba]

Today the price of bitcoin can reach $ 30k again, this makes me optimistic that a bull run will occur soon, especially in 2024 there will be a halving day which will increase demand in the market so that it will be easy for a bull run, let's keep buying and don't regret it when the price is high.

[JoyMarsha]

Any person who truly believes in Bitcoin would vehemently disagree with this counsel. Do you understand why? Every time the price of bitcoin drops, it presents a chance to buy more bitcoin. Why would they pass up the chance to not invest when they could profit greatly from doing so during a bull market? When investing in bitcoin, it is better to accept some risks than to not invest at all and hope for a financial breakthrough.

Do not assume that the price of bitcoin will remain low for very long or that it won't soon skyrocket. According to the historical bitcoin price chart, bitcoin will undoubtedly rise in value over time, regardless of the price it currently trades at. Therefore, if you notice a price decline, have patience. At this time, the price of one bitcoin is $30,000. So nothing to worry about because the price can pick up at any moment 

[Hamphser]

Any person who truly believes in Bitcoin would vehemently disagree with this counsel. Do you understand why? Every time the price of bitcoin drops, it presents a chance to buy more bitcoin. Why would they pass up the chance to not invest when they could profit greatly from doing so during a bull market? When investing in bitcoin, it is better to accept some risks than to not invest at all and hope for a financial breakthrough.

Do not assume that the price of bitcoin will remain low for very long or that it won't soon skyrocket. According to the historical bitcoin price chart, bitcoin will undoubtedly rise in value over time, regardless of the price it currently trades at. Therefore, if you notice a price decline, have patience. At this time, the price of one bitcoin is $30,000. So nothing to worry about because the price can pick up at any moment 

People should be seeing this rather than on freaking out themselves with these kind of negative sentiments on which the market cant really be just having a single path to take but rather having that both dumping and pumping on which on the time that it would really be making out some decrease then it would really be just that right that this is the best time to buy more when its decreasing and selling out when its on peak, unless if you are really that going for long term t hen you wouldnt really be minding anything of this.

Every year then it could really be considered out to be having kind of negative news on which it would really be just that normal that we do really have this kind of phase which making prices going down to rock bottom and feels like  that this market is likely over. For those who had been on this market for how many years or simply with those cycles then we arent really that get easily that getting that too emotional
on these times as we are able to experience these things lots in the past. Its not something new.

[Oasisman]

All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.

I'm not sure which price monitor have you been watching lately. This post was made on the 16th where bitcoin was roaming around $25k despite the fact that SEC are trying to drag bitcoin down by simultaneously suing coinbase and binance. Many people have been worried about since it may impact bitcoin's price as the SEC were even planning to freeze the assets on binance, but still bitcoin holds it's ground.

And is just so wrong to just watch if let's say bitcoin will have a sharp correction. I mean that's an opportunity right there, right in front of you and you do nothing but just watch it? Man, that's an opportunity to buy more fractions, don't reduce your buying opportunity - maximize it!

[taufik123]

When you say this year is the dumping of Bitcoin, then that's not entirely true.
The year 2023 is close to the Halving which will occur in May 2024. this year is the last chance to be able to buy Bitcoin at a low price.

Bitcoin prices continue to fluctuate because many enter and exit the market.
Moreover, there are several FUDs that do put pressure on the price of Bitcoin but the FUD has subsided and now Bitcoin has reached the price of $30k again.

We just need to wait until Bitcoin finds the right footing to start a Bull Run.
Although there will be some corrections, it's best to start buying now. We are close to the Halving and of course, everyone knows what will happen.

To avoid some of the risks of too deep a correction, do some good management.

-snip-
And is just so wrong to just watch if let's say bitcoin will have a sharp correction. I mean that's an opportunity right there, right in front of you and you do nothing but just watch it? Man, that's an opportunity to buy more fractions, don't reduce your buying opportunity - maximize it!

Those who do nothing when the correction is sharp, they have a panic that it will continue to go down.
They were expecting a low price, but when the price came they didn't buy it.

But when FOMO comes all scramble to buy it.
opportunities will not come quickly, must take advantage of the opportunity before it is missed.

[AmoreJaz]

All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.

I'm not sure which price monitor have you been watching lately. This post was made on the 16th where bitcoin was roaming around $25k despite the fact that SEC are trying to drag bitcoin down by simultaneously suing coinbase and binance. Many people have been worried about since it may impact bitcoin's price as the SEC were even planning to freeze the assets on binance, but still bitcoin holds it's ground.

And is just so wrong to just watch if let's say bitcoin will have a sharp correction. I mean that's an opportunity right there, right in front of you and you do nothing but just watch it? Man, that's an opportunity to buy more fractions, don't reduce your buying opportunity - maximize it!

some people are affected by some fud surrounding this market. but wondering where are those people who were saying to themselves that if btc goes down, they will buy more as they missed the time when btc was still not popular in the market.
and this time, it is proven again that even if there was bad news like SEC chasing after binance and coinbase, BTC can still increase its price despite the bottleneck it is facing with.

[Slow death]

or have America caught Satoshi and warn him to stop this bitcoin from gaining value?

maybe it was time people started seriously considering the possibility of him being dead, when a person disappears for a long time is always a bad sign. about the drop in the price of bitcoin, I believe that this is something normal at this time when the world is plunged into a financial crisis, there was covid that slowed down economic growth and then there is this war that is also creating a financial crisis, so it is something normal to see the price of bitcoin drops, but we also cannot forget that in the cryptocurrency market we had some big disasters from some companies

these companies made many people lose a lot of money in this market, this affected people's confidence in this market, so even if you can't expect a big recovery so soon, the price has already managed to recover from 15000$ to 30,000$, and now it's just behaving normally. it's up to people to buy and have patience, since years ago this cryptocurrency market has proved to be the kind of market that only profits only people who can buy and do hodl for many years, when people don't have much patience they can't make profits in this market, and leave with losses

[IvugeoEvolutionCoin]

Today the price of bitcoin can reach $ 30k again, this makes me optimistic that a bull run will occur soon, especially in 2024 there will be a halving day which will increase demand in the market so that it will be easy for a bull run, let's keep buying and don't regret it when the price is high.

Bitcoin price is starting to rise. I think if it goes up like this, Bitcoin price will be in a good position. Now that the price of Bitcoin has started to rise, it's a very happy time for those who bought and held Bitcoin. Because the Bitcoin market is very good. Hopefully in the next year.  The price of bitcoin will go to a good position. It will not be good for bitcoin now because now the price of bitcoin has increased. We have to buy and hold when the price of bitcoin is dump.

[Wong Gendheng]

Today Bitcoin can return to $ 30k after about 10 hours ago $ 29k, of course this is a good sign to make us optimistic and hold longer, for me long term hold  is the best option because I am optimistic that the end of this year can reach at least $ 50k Because of Halving Day preparation.

[fuguebtc]

Today Bitcoin can return to $ 30k after about 10 hours ago $ 29k, of course this is a good sign to make us optimistic and hold longer, for me long term hold  is the best option because I am optimistic that the end of this year can reach at least $ 50k Because of Halving Day preparation.

If you say you are a long term investor, why would you bother with bitcoin going from $29k to $30k? It's really not that noticeable because bitcoin never stands still, and it's normal for it to fluctuate 1 or 2%. And that is not proof that bitcoin will continue to rise in the near term. If you regularly look at the bitcoin chart in recent days, you can see that, after bitcoin surged to $30.8k, bitcoin has ranged from $29k to $30k since yesterday hitherto.

[michellee]

Today Bitcoin can return to $ 30k after about 10 hours ago $ 29k, of course this is a good sign to make us optimistic and hold longer, for me long term hold  is the best option because I am optimistic that the end of this year can reach at least $ 50k Because of Halving Day preparation.

Bitcoin is finally back at $31k after getting a pump and it's off to a great start at the end of the month. Hopefully, more big pumps will come again soon so we can celebrate a bit and the price will continue to climb even higher.

I agree long term hold is the best option for now but we also understand that buying more Bitcoins is also the best, so we will have lots of Bitcoins later. Who knows, in the next month, the price could easily reach $40k so it will be close to its last ATH and at the end of the year, maybe Bitcoin price will return to its last ATH. And once that happens, Bitcoin can just start rising and get a long rally to break through its new ATH.

That's why we should be able to buy Bitcoin at its low price now. And I think the current price is still worth buying before the price reaches the next high.

[ShowOff]

Bitcoin is finally back at $31k after getting a pump and it's off to a great start at the end of the month. Hopefully, more big pumps will come again soon so we can celebrate a bit and the price will continue to climb even higher.

You're right, at the end bitcoin price hit $31k again after dropping below $25k since its price correction from April to June, this is very exciting indeed. Hoping for higher prices on a trend like this is quite possible, but I'm just considering something reasonable.

I agree long term hold is the best option for now but we also understand that buying more Bitcoins is also the best, so we will have lots of Bitcoins later. Who knows, in the next month, the price could easily reach $40k so it will be close to its last ATH and at the end of the year, maybe Bitcoin price will return to its last ATH. And once that happens, Bitcoin can just start rising and get a long rally to break through its new ATH.

That's why we should be able to buy Bitcoin at its low price now. And I think the current price is still worth buying before the price reaches the next high.

I think bitcoin has the potential to break $40k in July if the current price recovery trend continues into the next month.
It is even possible that we will get bitcoin price to close above $35k by the end of June which will encourage more optimism about price growth in July. However, a price correction is still possible and traders still need to weigh the risks.

[$crypto$]

Today Bitcoin can return to $ 30k after about 10 hours ago $ 29k, of course this is a good sign to make us optimistic and hold longer, for me long term hold  is the best option because I am optimistic that the end of this year can reach at least $ 50k Because of Halving Day preparation.

If you say you are a long term investor, why would you bother with bitcoin going from $29k to $30k? It's really not that noticeable because bitcoin never stands still, and it's normal for it to fluctuate 1 or 2%. And that is not proof that bitcoin will continue to rise in the near term. If you regularly look at the bitcoin chart in recent days, you can see that, after bitcoin surged to $30.8k, bitcoin has ranged from $29k to $30k since yesterday hitherto.

A little change won't matter as a long term investor because what they think is when the price goes from $30K to $50K then it's a significant change so it can change your portfolio to increase bigger after seeing that increase, but now there are still many speculating after breaking $31K resistance then it's possible that the price will rise and continue on the next resistance but I speculate that this increase is a bit of a recovery from before and once June is past we will have to look for movement in July with how bitcoin reacts in the market.

[Weawant]

All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.

The Americans can't catch Satoshi, he or they knows this that's why they made their disappearance very coordinated that it'll be very hard to trace who they are or where they're hiding. The industry reliys mainly on the anonymous nature of the founder of the cryptocurency Bitcoin.

If the government ever catch Satoshi, they'll use him to manipulate the market and possibly crash it but that's never happening so that's not the reason behind the dumping of the market besides this year hasn't been very bearish when compared to how bad the market was last year.

The market has recovered so well this year touching $30,000 twice. The little corrections we're experiencing are normal in the market. There are so much news that can affect the price of Bitcoin but whenever the news isn't disruptive to Bitcoin, Bitcoin will bounce back higher.

[TravelMug]

Today Bitcoin can return to $ 30k after about 10 hours ago $ 29k, of course this is a good sign to make us optimistic and hold longer, for me long term hold  is the best option because I am optimistic that the end of this year can reach at least $ 50k Because of Halving Day preparation.

If you say you are a long term investor, why would you bother with bitcoin going from $29k to $30k? It's really not that noticeable because bitcoin never stands still, and it's normal for it to fluctuate 1 or 2%. And that is not proof that bitcoin will continue to rise in the near term. If you regularly look at the bitcoin chart in recent days, you can see that, after bitcoin surged to $30.8k, bitcoin has ranged from $29k to $30k since yesterday hitherto.

A little change won't matter as a long term investor because what they think is when the price goes from $30K to $50K then it's a significant change so it can change your portfolio to increase bigger after seeing that increase, but now there are still many speculating after breaking $31K resistance then it's possible that the price will rise and continue on the next resistance but I speculate that this increase is a bit of a recovery from before and once June is past we will have to look for movement in July with how bitcoin reacts in the market.

I think what's important is that we are seeing our portfolio growing because the price suddenly went up to $30k++ in the last 3 days and everyone is speculating that maybe at the end of the year $40k-$50k might be reached.

Of course, majority of us here has learn a lot of lessons from the past, that is not to sell your bitcoin to institutions like BlackRock who are buying almost all bitcoin right now. So for retail like us, it's better to just simply accumulate and then be a long term investors or at least see how your portfolio will be in the next bull run and sell if you want to take profits.

[michellee]

I agree long term hold is the best option for now but we also understand that buying more Bitcoins is also the best, so we will have lots of Bitcoins later. Who knows, in the next month, the price could easily reach $40k so it will be close to its last ATH and at the end of the year, maybe Bitcoin price will return to its last ATH. And once that happens, Bitcoin can just start rising and get a long rally to break through its new ATH.

That's why we should be able to buy Bitcoin at its low price now. And I think the current price is still worth buying before the price reaches the next high.

I think bitcoin has the potential to break $40k in July if the current price recovery trend continues into the next month.
It is even possible that we will get bitcoin price to close above $35k by the end of June which will encourage more optimism about price growth in July. However, a price correction is still possible and traders still need to weigh the risks.

After yesterday's gains, today we see Bitcoin price dropping again and reaching $30,700, another good opportunity for us. That's why we must use it to buy again before the price increases to $ 31k.

In the next month, there could be a rather big movement for Bitcoin or the price will still be like this. So if we are still allowed to buy Bitcoin, we should be able to buy according to the budget we have prepared.

Do not immediately buy using the all-in method in anticipation of another price drop. If we can manage the money to buy Bitcoin, we can buy at many low prices.

[Silberman]

After yesterday's gains, today we see Bitcoin price dropping again and reaching $30,700, another good opportunity for us. That's why we must use it to buy again before the price increases to $ 31k.

In the next month, there could be a rather big movement for Bitcoin or the price will still be like this. So if we are still allowed to buy Bitcoin, we should be able to buy according to the budget we have prepared.

Do not immediately buy using the all-in method in anticipation of another price drop. If we can manage the money to buy Bitcoin, we can buy at many low prices.

I think there are many traders that will probably refuse to buy at the current levels, after all it was not long ago that the price was close to 25k and those traders are not going to want to pay more than 20% more for bitcoin just a week later, so it is possible the resistance at the current level could last longer than expected, as we will need for some time before those traders forget about this and finally decide that the current level is a good enough entry point.