What's going on?

[bangjoe]

Is there someone who can explain this so that what is happening can enter my logic and not believe in things that do not make sense?
There is also a lot of speculation that this is cothat bitcoin ETF applications will be rejected again?

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

10 days from January 3 before the ETF was approved and after the ETF was approved, Bitcoin price returned to $42K after rising high over the past few days.
A sign that there is still an opportunity to add as much Bitcoin as possible before the price rises high and reaches a new ATH.
The market is still sending signals to investors to make them continue to make every effort to increase the amount of Bitcoin in the portfolio.
Bitcoin price January 03 42,494.91 USDT. As of January 14 the price of Bitcoin was 42,581.80. This is what I mean by opportunity before $70K

At the moment, is best to buy more bitcoin at all time and also being able to continue with the accumulation at whatever interval possible, majority of the time, we have to take note of some important aspects that contribute to all of this expectations as regards to bitcoin ETF or bitcoin halven which is expected somewhere around march and April, all this could have both way impact onnrhe price of bitcoin and for that we have toake up our mind to always act along at an advanteguis mannar and at all time.

Most of those that thought that 45k was already an high price, now have the chance to buy bitcoin at the present 42k price which is significantly good enough if compared to the anticipated all time high price.

And a few days ago the bitcoin ETF was approved, but maybe there is today a price drop in bitcoin is real when it touched $48 yesterday and is now moving at $42k again, and I think this price is enough for us to continue to collect the bitcoin we have, because the halving and the new ATH have not touched in thiscycle, and many people believe that know 2024 will be the best year for the Blockchain industry, it just takes some time to see and wait to see a big surge in bitcoin.

Yes, if we compare it with the previous highest price of $69k then we are still far away, and the probability that happens to bitcoin is likely to reach $100k or crazier than that, because those who collect bitcoin today are institutional companies not retail as before.

[peter0425]

Many claim that this is the Jim Cramer effect, which makes the market experience an unexpected decline, even myself this feels impossible and cannot be understood why there is a decline, is it because of Jim's posts that cannot be explained by logic.
Is there someone who can explain this so that what is happening can enter my logic and not believe in things that do not make sense?
There is also a lot of speculation that this is confirmation that bitcoin ETF applications will be rejected again?

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

I'm one of the lucky people that added   Bitcoin from that decline mate and guess what I even add more now as the declines back and making the market uncomfortable for those who wanted to sell out.
this does not matter for me who is the reason or what is but for me the opportunity is what make this important event.

[NewRanger]

I'm one of the lucky people that added   Bitcoin from that decline mate and guess what I even add more now as the declines back and making the market uncomfortable for those who wanted to sell out.
this does not matter for me who is the reason or what is but for me the opportunity is what make this important event.

I think it's just demand and market value. When it is felt that it is high, many speculators throw away their assets to sell, causing other holders to join in so that price reversals quickly occur. but it's still very normal.

There is also a lot of speculation that this is confirmation that bitcoin ETF applications will be rejected again?

This market allows investors creating events to make bets based on the outcome. For this matter, I don't know if there are any that haven't been approved, but in the past 2 days, the majority of the crypto market has still weakened, where there is still a sense of concern that continues to arise even though the SEC has previously approved 11 Bitcoin Spot ETFs.

[Tony116]

Is there someone who can explain this so that what is happening can enter my logic and not believe in things that do not make sense?
There is also a lot of speculation that this is cothat bitcoin ETF applications will be rejected again?

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

10 days from January 3 before the ETF was approved and after the ETF was approved, Bitcoin price returned to $42K after rising high over the past few days.
A sign that there is still an opportunity to add as much Bitcoin as possible before the price rises high and reaches a new ATH.
The market is still sending signals to investors to make them continue to make every effort to increase the amount of Bitcoin in the portfolio.
Bitcoin price January 03 42,494.91 USDT. As of January 14 the price of Bitcoin was 42,581.80. This is what I mean by opportunity before $70K

At the moment, is best to buy more bitcoin at all time and also being able to continue with the accumulation at whatever interval possible, majority of the time, we have to take note of some important aspects that contribute to all of this expectations as regards to bitcoin ETF or bitcoin halven which is expected somewhere around march and April, all this could have both way impact onnrhe price of bitcoin and for that we have toake up our mind to always act along at an advanteguis mannar and at all time.

Most of those that thought that 45k was already an high price, now have the chance to buy bitcoin at the present 42k price which is significantly good enough if compared to the anticipated all time high price.

And a few days ago the bitcoin ETF was approved, but maybe there is today a price drop in bitcoin is real when it touched $48 yesterday and is now moving at $42k again, and I think this price is enough for us to continue to collect the bitcoin we have, because the halving and the new ATH have not touched in thiscycle, and many people believe that know 2024 will be the best year for the Blockchain industry, it just takes some time to see and wait to see a big surge in bitcoin.

Yes, if we compare it with the previous highest price of $69k then we are still far away, and the probability that happens to bitcoin is likely to reach $100k or crazier than that, because those who collect bitcoin today are institutional companies not retail as before.

As long as the real bull season has not come and bitcoin has not made a new ATH, this is always the right time for us to buy bitcoin even if it costs $48k or $50k. But I suspect not too many people will dare to buy bitcoin at this time. Bitcoin has suddenly dropped from $48k to $42k in just 2 days, and this is giving more people fear than confidence buy in. I see many people expressing regret and complaining that the price of bitcoin increased so quickly that they could not buy bitcoin, but now bitcoin has fallen and no one is buying. What I see on social media is people waiting for bitcoin to drop to $38k to buy, but I believe they won't buy if bitcoin drops there.

[EarnOnVictor]

Many claim that this is the Jim Cramer effect, which makes the market experience an unexpected decline, even myself this feels impossible and cannot be understood why there is a decline, is it because of Jim's posts that cannot be explained by logic.
Is there someone who can explain this so that what is happening can enter my logic and not believe in things that do not make sense?
There is also a lot of speculation that this is confirmation that bitcoin ETF applications will be rejected again?

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

I'm one of the lucky people that added   Bitcoin from that decline mate and guess what I even add more now as the declines back and making the market uncomfortable for those who wanted to sell out.
this does not matter for me who is the reason or what is but for me the opportunity is what make this important event.

Are you telling me you bought Bitcoin at that high level, it eventually falls and you are happy about it? By the way, how much is your money that will discourage the sellers from taking hold of the market? You are funny my friend, but you didn't make a smart investment by doing that. If it were to be the DCA approach, I would have said that at least you had a better plan other than investing the whole money in Bitcoin at once, and even at a high and discouraging price. There is no substitute for a smart investment and during that time you are happy about it, I waited based on my experience in the past and allowed the market to decide on whether to continue to invest my money or not.

With what happened now, I think I made the right decision to be patient, and even if I buy it now, it is a plus for me more than you because I will make more money than the person who bought it at a higher price. This is how investors should think before always, and as it is now, the only reason why I can buy Bitcoin again is for it to confirm a bullish trend on the weekly chart. And if this bullish trend is serious enough, it might be what will push the coin through above the much-expected $50,000 psychological level.

[WillyAp]

Are you telling me you bought Bitcoin at that high level, it eventually falls and you are happy about it?

I'm pretty sure there are people who made 10 of not 100 millions with the rise of bitcoin.
How many of the first circle had millions of bitcoin?

Cleverly invested, diversified and seeded outside the crypto scene, you can now laugh about bitcoin losing 90% of its value.

[doomloop]

I'm one of the lucky people that added   Bitcoin from that decline mate and guess what I even add more now as the declines back and making the market uncomfortable for those who wanted to sell out.
this does not matter for me who is the reason or what is but for me the opportunity is what make this important event.

I'm not sure if luck is the correct term for it because anyone can spot it easily and then the duration of it is also a bit longer. And in fact, the price is still declining right now. It's like an obligation already for the Bitcoin users to buy more coins, once these moments came in. I'm not sure as well if there are people that wants to sell nowadays, since everyone expects that there will be a huge pump or bull run that can happen, now that ETF is finally approved and then the halving is also approaching. They will just wait a little more, and gain a better income than what they are going to get now if in case they sell. Some of them can even lose.

[lepbagong]

I'm one of the lucky people that added   Bitcoin from that decline mate and guess what I even add more now as the declines back and making the market uncomfortable for those who wanted to sell out.
this does not matter for me who is the reason or what is but for me the opportunity is what make this important event.

Even though there should be a situation that is not in accordance with the expectation and where there will be consequences, the result is that there is a correction. You are right; you have used that moment to be able to add bitcoin deposits in a situation that is indeed not good, and of course this is a moment that can be used as best as possible.Of course, the situation will be inversely proportional to those who want to sell it, where the situation is precisely at the incorrect time.Obviously, you accept the abundance of profits from the situation, and for you, it is certainly not a problem because you receive profits.

[rodskee]

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

The thread had already served its purpose , the market have already answered the question
and what had happened so I think this thread needs closure at least and yes there is really a turbulence 
back in then but now that the market had already recovered and indeed does a great increase then
another questions must be answered in the coming days.but for now we have other things to  face
then and like what advised from you then we must have invest and add more bitcoin as we can.

[Reatim]

Are you telling me you bought Bitcoin at that high level, it eventually falls and you are happy about it?

I'm pretty sure there are people who made 10 of not 100 millions with the rise of bitcoin.
How many of the first circle had millions of bitcoin?

there are only few from  first adopters that has Millions of bitcoin or not even one instead the middle investors have succeeded getting many.

Cleverly invested, diversified and seeded outside the crypto scene, you can now laugh about bitcoin losing 90% of its value.

wait 90% losing in bitcoin value? this will be the most or the painful part of my crypto journey if bitcoin falls this hard again after that 2020 sudden fall.

[Hamphser]

Many claim that this is the Jim Cramer effect, which makes the market experience an unexpected decline, even myself this feels impossible and cannot be understood why there is a decline, is it because of Jim's posts that cannot be explained by logic.
Is there someone who can explain this so that what is happening can enter my logic and not believe in things that do not make sense?
There is also a lot of speculation that this is confirmation that bitcoin ETF applications will be rejected again?

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

Expect the unexpected and this is how this market works on which if you do really have that kind of positive views towards those fundamentals around then dont expect that it would 100% guarantee that it would go positive on which there are really several times that the market did really have that different outcome which it didnt getting in line with those sentiments on which you do believe that it is really that going into the
way or path on which you do really believe on. This is why it would really be always best that should really be always having those back up plans on whatever the price would really be going into.
If it drops then you should DCA but if it pumps then you should really know on when to take profit and diversify as much as possible. We do know that this isnt something simple though but
doesnt mean that it would really be that impossible.

[Coin_trader]

Expect the unexpected and this is how this market works on which if you do really have that kind of positive views towards those fundamentals around then dont expect that it would 100% guarantee that it would go positive on which there are really several times that the market did really have that different outcome which it didnt getting in line with those sentiments on which you do believe that it is really that going into the
way or path on which you do really believe on. This is why it would really be always best that should really be always having those back up plans on whatever the price would really be going into.
If it drops then you should DCA but if it pumps then you should really know on when to take profit and diversify as much as possible. We do know that this isnt something simple though but
doesnt mean that it would really be that impossible.

This topic was created on the beginning of January before the Bitcoin ETF approval. I remember exactly this dump since there’s an uncertain atmosphere towards the ETF but the price easily recovered after few days although the current price is much lower than the price listed on the OP screenshot.

You’re right that DCA is the right approach when there’s a dip while you have extra fiat ready to purchase crypto. But we should remember that we are not required to purchase on every because sometimes holding strong without doing anything is the best thing to do when FUD is strong so that you will not be affected and do unnecessary trade such as selling or grading in leverage just to catch up with the FUD.

[bestcoins1]

there are only few from  first adopters that has Millions of bitcoin or not even one instead the middle investors have succeeded getting many.

It seems that not only medium investors have gained more benefits in recent years through Bitcoin, but there are also many large investors who have managed to benefit from Bitcoin. Including the previous ATH session where the price increase was so extraordinary that quite a lot of people were profitable at that time.
 

wait 90% losing in bitcoin value? this will be the most or the painful part of my crypto journey if bitcoin falls this hard again after that 2020 sudden fall.

That's a very high amount of decline and really very deep, but in 2020 I see that is not happening and instead it is trying to increase because in the following year everyone can see ATH with very high price levels in Bitcoin. But in 2022, perhaps most people will suffer greatly from the drop in Bitcoin prices, although others will also start to take advantage of the situation to buy more Bitcoin at low prices. And now some of the people who have taken advantage of the low prices have been able to reap very good results in Bitcoin.

[Xxmodded]

But isn't it time to add more Bitcoin, as the price is at a considerable discount tonight?

Don't make your self under pressure when have many discount with bitcoin or altcoin price, since ETF bitcoin spot approval we have many time to buy back because bitcoin price correction under $39k. For short term holding and some traders want accumulate investment assets is the best moment to buy back and get opportunity with bitcoin have drop to lower price.

This topic was created on the beginning of January before the Bitcoin ETF approval. I remember exactly this dump since there’s an uncertain atmosphere towards the ETF but the price easily recovered after few days although the current price is much lower than the price listed on the OP screenshot.

Right, this topic made few days before ETF bitcoin spot approval but bitcoin before that announcing have stable on higher price before going drop drastically until with bitcoin price today. Have more lower price right now for bitcoin although get recovery but more slowly. Have been one month after ETF spot approval will bitcoin get recovery in short time?

[martinex]

Don't make your self under pressure when have many discount with bitcoin or altcoin price, since ETF bitcoin spot approval we have many time to buy back because bitcoin price correction under $39k. For short term holding and some traders want accumulate investment assets is the best moment to buy back and get opportunity with bitcoin have drop to lower price.

I also find it strange to see market conditions and the most we can do is just follow the pattern of the game and that is clear from the graph showing the ups and downs. I think speculators are very happy with the current conditions.

Right, this topic made few days before ETF bitcoin spot approval but bitcoin before that announcing have stable on higher price before going drop drastically until with bitcoin price today. Have more lower price right now for bitcoin although get recovery but more slowly. Have been one month after ETF spot approval will bitcoin get recovery in short time?

I don't think so, investors are waiting for another new drama, namely the approval of the spot Ether ETF agreement... there are ideas from stakeholders. The question is whether this agreement will be realized soon or will it be delayed again like the previous spot ETF incident.

[bettercrypto]

If the market is declining now, I think you are right to think that this is an opportunity to get a discount on buying Bitcoin. That's what the rest of us here who believe in Bitcoin believe—that the price will plummet on the day of the bull run.

This is the best course of action that bitcoin believers should take in reality. Just apply the DCA system; that's all we should do as bitcoin holders, right? Whether the market declines or we can see that it's all red, that's fine; take the opportunity, that's all.

[thecodebear]

Anyone else getting bored with Bitcoin doing nothing but bouncing between $42,800 and $43,200 for days?? haha

Give me some price action! Let's see $44k/$45k this week 

[jaberwock]

Don't make your self under pressure when have many discount with bitcoin or altcoin price, since ETF bitcoin spot approval we have many time to buy back because bitcoin price correction under $39k. For short term holding and some traders want accumulate investment assets is the best moment to buy back and get opportunity with bitcoin have drop to lower price.

People with different mindsets have different views about the market and prices of cryptocurrencies. Those who are new in the market will see dips and corrections are problems and they don't want them to happen because they lack knowledge and don't understand what these things can do, all they see is their assets losing value which makes them concerned and they start panicking, some even sell their assets because of this and exit the market.

On the other hand, people who have been in the market for quite some time consider such situations to be opportunities to buy more and fill their bags with cheap coins and tokens so that they can reap more profits when the market starts recovering and when it enters the bull run because they know this is bound to happen.