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Author Topic: Will Bitcoin Always Be in an Uptrend?  (Read 947 times)
isabellajones (OP)
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May 30, 2024, 01:08:06 AM
 #1

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
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May 30, 2024, 01:13:07 AM
 #2

There are times the price of bitcoin will not be that volatile but very less volatile within a close price range. There are times the price will fall, like during the bear market. There are some times that the price will increase. We should not always expect the price to continue to increase, there can be sometimes that can look like stagnation but the price of bitcoin will later surpasses that price and more vitality would be seen.

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May 30, 2024, 01:27:51 AM
 #3

I bought 2 bitcoins this morning and it is trending up.
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May 30, 2024, 01:34:36 AM
 #4

I bought 2 bitcoins this morning and it is trending up.
Can you post the transaction ID as proof, not saying that you didn't do it, it just that everyone can claim that they've bought bitcoins, if you know what I mean. You have to be careful about how you buy bitcoin, remember that even with all this hype and the trend of the price going up, the volatility of bitcoin and the possibility of it suddenly going down is a real thing and you might not be ready for the value of your bitcoins go down which could lead you to panic sell which in the case of you buying 2 bitcoins, it's going to be a big loss, make sure that you're ready of the possibility that the price will go down because if you're not, you will lose a lot.

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May 30, 2024, 01:43:46 AM
 #5

Don't lose trust in bitcoin, mate. It won't always be moving in an upward direction, but it doesn't mean it's never going to recover. Even in a bull run, you can't expect for bitcoin to always be going in an upward trend as it will have a few corrections or dips here and there.

It will even be worse in a bear run. Bitcoin is a very volatile asset and that is something you have to always remember when dealing with it.

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isabellajones (OP)
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May 30, 2024, 01:49:22 AM
 #6

As an emerging asset, the development and acceptance of Bitcoin will also be affected by various factors, including regulatory policies, technological innovation, market demand, etc. Therefore, it is crucial for Bitcoin investors to maintain rational thinking and long-term vision.

But I want to tell you that I am a woman, not a brother Cry Cry Cry
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May 30, 2024, 03:43:08 AM
 #7

I bought 2 bitcoins this morning and it is trending up.
I don't know how much money you hold that is allocated to investing in Bitcoin. Buying 2 bitcoins at once indicates that you are very enthusiastic about this increasingly developing technology in taking advantage of opportunities that can generate profits when the price is in a bullish trend. I know, even though you have just joined this forum, your knowledge of Bitcoin investment is beyond doubt, it is impossible for you to invest large amounts of money without having an understanding of Bitcoin. Only by attaching the TX Hash can it be proven that you have carried out the transaction, it's not that we don't believe in your ability to buy 2 bitcoins. We need evidence such as TX ID or image attachments to prove these claims are not just empty talk.

 
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adaseb
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May 30, 2024, 03:43:24 AM
 #8

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

We are entering summer and usually summer months, especially August. Are going to be very dry. I try and trade as much as I can but it seems there are no opportunies at the moment. Market is going nowhere.

The etfs are still adding bitcoin so it’s obviously bullish long term. We will see what will happen with the ETH etf. It’s very bullish that crypto has went this far in the financial world. It means that the long term growth will always be positive. But I feel the next few weeks and months will be nothing but sideways trading.
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May 30, 2024, 03:53:48 AM
 #9

I bought 2 bitcoins this morning and it is trending up.

So sorry to ask are you just joking or you mean what you said that you bought 2 Bitcoin this morning. whatever the case maybe, but if it's true that means you must be a billionaire lol... Congrats dear for your great investment I mean that's a huge investment but wait, isn't this suppose to be a private something I mean keep to yourself and you were not even ask in the first place how many BTC you have and for your information Bitcoin won't continue to take that up trend just like they answered above because of nature, the two major characteristics of Bitcoin is the up and down movement so don't be dismayed when it will drop heavily.

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May 30, 2024, 04:00:19 AM
 #10

Re: Will Bitcoin Always Be in an Uptrend?
On what specific timespan? Because I'm pretty sure bitcoin generally hasn't always been in an uptrend.

But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
A sideways market has existed and bitcoin has always experienced a sideways price trend in the past even before the ETF existed. And a few weeks is nothing lmao, try months.

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May 30, 2024, 05:18:07 AM
 #11

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

Since this has always been the case and is one of the characteristics and expectations in business and marketing in general, the value of bitcoin will never remain constant. Instead, it will always fluctuate by increasing or decreasing in value. In order to know when and how to trade, purchase, or sell your coin, simply adhere to the Bitcoin road map.
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May 30, 2024, 08:19:24 AM
 #12

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
Don't be in a hurry.

How long it has been since the ETF of Bitcoin has been approved and traded? It seems that the generation nowadays are always in a hurry and always want to see Bitcoin's action everyday.

It doesn't go like that but we're going in the bull run anytime soon and you have to do is to wait for it. It's not always green but it's also not always going to be red.

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May 30, 2024, 10:59:09 AM
 #13

Yes, Bitcoin has been in sideways movement since the previous peak at around 73K$ after the approval of the ETF. Since that time, we have not witnessed significant movements and the price ranges in the same price area between 67-71K$.

Major price changes do not occur until a few months after the halving, and usually there is a stagnation in the price for some time before we witness significant increases. It is expected that we will continue this for a few months, perhaps until the end of the year and the beginning of the new year.

The current situation is a bit boring, but I do not expect to see a significant rise in the price before the end of the year.

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May 30, 2024, 02:18:17 PM
Last edit: May 30, 2024, 04:19:40 PM by hilariousandco
 #14

I bought 2 bitcoins this morning and it is trending up.
I don't know how much money you hold that is allocated to investing in Bitcoin. Buying 2 bitcoins at once indicates that you are very enthusiastic about this increasingly developing technology in taking advantage of opportunities that can generate profits when the price is in a bullish trend. I know, even though you have just joined this forum, your knowledge of Bitcoin investment is beyond doubt, it is impossible for you to invest large amounts of money without having an understanding of Bitcoin. Only by attaching the TX Hash can it be proven that you have carried out the transaction, it's not that we don't believe in your ability to buy 2 bitcoins. We need evidence such as TX ID or image attachments to prove these claims are not just empty talk.



of course can

How is everyone's investment going? Maybe we can discuss more about Bitcoin and ETH together.

There are times the price of bitcoin will not be that volatile but very less volatile within a close price range. There are times the price will fall, like during the bear market. There are some times that the price will increase. We should not always expect the price to continue to increase, there can be sometimes that can look like stagnation but the price of bitcoin will later surpasses that price and more vitality would be seen.


When all investments maintain a stable trend, how are your recent investments?
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May 30, 2024, 03:26:23 PM
 #15

@OP learn how to quote all messages in one reply and don't post in a row since this forum forbid it.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

Bitcoin price will not always rising, Bitcoin isn't a pyramid scheme where people who have invested their money will always grow and risk free after new members invest their money. Check the graph in CMC or Coingecko.

But, Bitcoin will always in uptrend if you hold for long term period.

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isabellajones (OP)
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May 30, 2024, 03:28:50 PM
 #16

I bought 2 bitcoins this morning and it is trending up.

So sorry to ask are you just joking or you mean what you said that you bought 2 Bitcoin this morning. whatever the case maybe, but if it's true that means you must be a billionaire lol... Congrats dear for your great investment I mean that's a huge investment but wait, isn't this suppose to be a private something I mean keep to yourself and you were not even ask in the first place how many BTC you have and for your information Bitcoin won't continue to take that up trend just like they answered above because of nature, the two major characteristics of Bitcoin is the up and down movement so don't be dismayed when it will drop heavily.

I just share it with everyone
isabellajones (OP)
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May 30, 2024, 03:35:26 PM
 #17

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

We are entering summer and usually summer months, especially August. Are going to be very dry. I try and trade as much as I can but it seems there are no opportunies at the moment. Market is going nowhere.

The etfs are still adding bitcoin so it’s obviously bullish long term. We will see what will happen with the ETH etf. It’s very bullish that crypto has went this far in the financial world. It means that the long term growth will always be positive. But I feel the next few weeks and months will be nothing but sideways trading.

The current trading market has shown an upward trend. I believe you have also seen it.
isabellajones (OP)
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May 30, 2024, 04:02:06 PM
 #18

@OP learn how to quote all messages in one reply and don't post in a row since this forum forbid it.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

Bitcoin price will not always rising, Bitcoin isn't a pyramid scheme where people who have invested their money will always grow and risk free after new members invest their money. Check the graph in CMC or Coingecko.

But, Bitcoin will always in uptrend if you hold for long term period.


Let's wait together
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May 30, 2024, 04:42:04 PM
 #19

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

All these are happening only because you are considering a volatile cryptocurrency called bitcoin, if it does not appears like this, many would not be profitable in it and well as some will not find a means of coming in to invest on it, the same way which means we should always expect the rise and fall of the same coin on each market season, while we are expected to know how the trend goes and the way the market pattern moves in a direction we could easily go along with, make an investment and be profitable. 

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May 30, 2024, 05:14:51 PM
 #20

Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

All these are happening only because you are considering a volatile cryptocurrency called bitcoin, if it does not appears like this, many would not be profitable in it and well as some will not find a means of coming in to invest on it, the same way which means we should always expect the rise and fall of the same coin on each market season, while we are expected to know how the trend goes and the way the market pattern moves in a direction we could easily go along with, make an investment and be profitable. 


Yes, this is something we need to explore together. I also believe that this is profitable.
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