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jcojci
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April 19, 2024, 04:12:52 AM
 #81

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.

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April 20, 2024, 10:30:33 AM
 #82

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.

Bull season is approaching and more Fud will appear, the aim of the market makers is to make us panic and sell our bitcoins to them. Therefore, we need to be more alert at this time so as not to fall into their trap and regret it later. I believe that negative news like the Fed will not lower interest rates, the risk of world war 3 will appear more in the near future and as I said, the purpose is for us to panic and sell bitcoin. But let's not forget the halving is complete, the price increase season will happen and that is inevitable, don't pay too much attention to small fluctuations in the short term.

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Raflesia
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April 20, 2024, 11:43:54 AM
 #83


We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.
IMHO if the goal is a long-term investor, there should be no need to monitor too hard until every day because in the end our goal is not short-term but long term than that so we don't need to bother to monitor every time the market movements are fluctuating because in the end it's just a waste of time if our intention is for long-term investment.

Unless our intention is to be a trader who must be ready to trade every day and manage margins at all times then indeed it may be necessary but i think if the goal is only for long-term investment although it is very good to study the market but we do not need to monitor the volatile market every time because it does not make any impact on the long-term investment we are doing.

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April 20, 2024, 12:19:09 PM
 #84

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.
More or less everyone wants to deposit bitcoins, some may or may not deposit bitcoins because of necessity, and many people who have more investment money can definitely deposit more bitcoins. Those who buy Bitcoin for the long term must focus on the market rather than relying on other news because the market needs to be checked and then bought.
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April 20, 2024, 02:47:00 PM
 #85



By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
I don't think bitcoin prices have fluctuated around events in the Middle East. We have always seen in the past that before the Bitcoin halving, the price of Bitcoin falls, but this year the price of Bitcoin has fallen, but I think that has taken too much of a correction. Bitcoin price peaked before the halving, so the market was in good shape before the halving this year and still is. With Bitcoin halving, it seems to me that the market is in a normal position. I'm not worried about the price of Bitcoin going up and down due to a war between the two countries, although that seems baseless to me. I hope Bitcoin will appreciate in the coming days, so I am focusing on holding my Bitcoin for the long term.
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April 21, 2024, 05:03:40 AM
 #86



By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
I don't think bitcoin prices have fluctuated around events in the Middle East. We have always seen in the past that before the Bitcoin halving, the price of Bitcoin falls, but this year the price of Bitcoin has fallen, but I think that has taken too much of a correction. Bitcoin price peaked before the halving, so the market was in good shape before the halving this year and still is. With Bitcoin halving, it seems to me that the market is in a normal position. I'm not worried about the price of Bitcoin going up and down due to a war between the two countries, although that seems baseless to me. I hope Bitcoin will appreciate in the coming days, so I am focusing on holding my Bitcoin for the long term.

If you pay attention, you will notice that bitcoin corrected before the war news and bitcoin corrected more when the war news spread. War or not, a bitcoin correction is almost inevitable. As I said before, bitcoin has increased in price for 7 consecutive months and bitcoin corrections are completely normal and a sign of a healthy market. But there are many people who don't want bitcoin to adjust but just want bitcoin to increase vertically, so they panic even more when there is a coincidence between bitcoin's adjustment and war.

In conclusion, let's ignore all that clutter and see what's going on, bitcoin is trading above $65k, unlike many that predicted bitcoin would drop to $50k soon. Those who are waiting for bitcoin to drop to $50k to buy should reconsider their plans as I believe this is not the time for any major correction to occur.

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