Bitcoin will fall or not

[Mahanton]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

Bitcoin is a highly volatile asset which means it can go up and down at any given time. We cannot determine what the price of bitcoin will be in the future as it is a decentralized system such that most of the factors which affects the price of bitcoin are unknown to us. But as long term investors of bitcoin, we are optimistic that bitcoin will continue to rise even if it goes down at some point. Let’s keep our fingers cross and continue with our ongoing accumulation of bitcoin for the long term goal success.

Yes that just it since Bitcoin do fluctuate in nature, so there is every tendance that the price of Bitcoin will surely undergose the raising and falling of it nature in the market, and that should stop any investors of accumulating aggressively, providing that the discretionary income is always available at all times to be used for an investment, so the falling of bitcoin should never be a hindrance to us of not accumulating our Bitcoin.

Of course and I agree with you, market volatility can never be a barrier to investment, it is never a rational decision to refrain from investing just because of the fear of falling, the always market goes up and down, and instead of investing aggressively here, those who can invest consistently and hold for the long term, I think they will achieve better success.

Keep buying Bitcoin only with discretionary income, and see volatility as an opportunity, and if you can afford it, try to buy a little more Bitcoin at this dumping time, but this does not mean that when the market is in a dumping state, you will buy Bitcoin with money beyond your means, you will have to do everything according to your ability to lose, or buy Bitcoin with the excess money of your income, which will not be of any use to you, so that it will never be a problem in long-term holding.

So increase your awareness and keep buying Bitcoin responsibly and consistently, here you only need to give the most importance to buying and holding.

Come to think that without volatility on which there's no way that we can be able to make money and if it isnt that much that volatile then for sure that there's no soo much attention that would it get in comparing into now. Come to think that there are tons of people or investors who do came from those traditional markets had jumped into crypto just because they do love into its volatility or simply into its movement on which we can say that we can make out money if we do really know on how to ride up with the waves. These are things that you would be needing up to consider out if you do love to have that potential huge profits then you should be that embracing about the volatility level. In regarding about into the question about falling or not, then it would be just that common sense. It wont be that called a market if it wont be having those movements on which it would be that going up or down and thats normal. If you cant be able to bare up with the risks involved with those movements then this market isnt for you and it would be that rather be best that you should be sticking into those low volatile market. Expect the unexpected because the market would be always be that unpredictable and there's no way that the market would be that having that continuous increase on which simply means that you should always anticipate those drops on which this is just that indeed normal. There are just that those times that you do become that being too optimistic towards price movement whenever it do make out some increase on which you do already assume out that it would be that continuing on breaking new all time highs on which it is a very wrong mentality. So you should be that wise when it comes into this aspect on which you do know on how to go with the flow. Its always been best that you would be needing up to be versatile as much as possible.

[Out of mind]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

We have seen that Bitcoin has fallen slightly from its highest market high and it has come down to $112k. However, since we have seen this fall but it has not come below $110k, it has shown a full upward trend. The way Bitcoin is currently rising, it seems that it will soon surpass the previous ATH, since the market is currently at a very high level. Since there may be a slight decline, it will now run fast, I think it is likely to fall to $125k very soon.

[mid9tclaw02]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

the stability of bitcoin is never in doubt no matter how it falls it can never fall below $111k because the world is turning bitcoin to the brighter side so it will be increasing more than falling thats my take on this thread.

[dezoel]

Come to think that without volatility on which there's no way that we can be able to make money and if it isnt that much that volatile then for sure that there's no soo much attention that would it get in comparing into now. Come to think that there are tons of people or investors who do came from those traditional markets had jumped into crypto just because they do love into its volatility or simply into its movement on which we can say that we can make out money if we do really know on how to ride up with the waves. These are things that you would be needing up to consider out if you do love to have that potential huge profits then you should be that embracing about the volatility level. In regarding about into the question about falling or not, then it would be just that common sense. It wont be that called a market if it wont be having those movements on which it would be that going up or down and thats normal.

Traders won't make money based on volatility if there was no volatility, that part is true still the long term is easy to handle and won't be an issue. So you need to make sure that if you are good with whatever you are dealing with, then it won't be a problem. If you can make some money from long term investment then you wouldn't care about volatility being high or low, because you do not care about daily movements, so it has to be very careful situation that would make it very confusing for all of us.

If you can do that, then you are going to be a lot better and can get a great return. Obviously not many people make that mistake, but with more and more people caring about trading and leverages, people love volatility of course. Today bitcoin is near to ATH again, still volatility will remain as same I guess.

[EarnOnVictor]

Come to think that without volatility on which there's no way that we can be able to make money and if it isnt that much that volatile then for sure that there's no soo much attention that would it get in comparing into now. Come to think that there are tons of people or investors who do came from those traditional markets had jumped into crypto just because they do love into its volatility or simply into its movement on which we can say that we can make out money if we do really know on how to ride up with the waves. These are things that you would be needing up to consider out if you do love to have that potential huge profits then you should be that embracing about the volatility level. In regarding about into the question about falling or not, then it would be just that common sense. It wont be that called a market if it wont be having those movements on which it would be that going up or down and thats normal.

Traders won't make money based on volatility if there was no volatility, that part is true still the long term is easy to handle and won't be an issue. So you need to make sure that if you are good with whatever you are dealing with, then it won't be a problem. If you can make some money from long term investment then you wouldn't care about volatility being high or low, because you do not care about daily movements, so it has to be very careful situation that would make it very confusing for all of us.

You are right, though volatility is important in the market, it is what will ensure that the market stays dynamic through liquidity, but still, it is not what investors of Bitcoin should worry themselves about, they are meant to "strike and forget," except they do not understand how to handle Bitcoin investment properly. Even this volatility of a thing doesn't always work in favour of both Bulls and Bears, it depends on the prevailing sentiment. So it is not the main focus, but the progressiveness of the asset in question.

[YOSHIE]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

I always speculate something in the market and people continue to sell and buy, of course I think that up and down is indeed part of the item, as well as Bitcoin up and down.

My personal speculation for Bitcoin, if the government and large companies enter the Bitcoin market and adopt large amounts, my speculation is the price of Bitcoin will not go down below $100K, because of them At present the benefit of the Bitcoin spot trading to buy and sell, they do not need Bitcoin down $60k Bitcoin down $110k buy and sell $115K is enough for them.

Bitcoin is no longer good for ordinary users who make long -term investments, buying little by little, Bitcoin is currently only useful for those who are rich and have billions of dollars.

[Princess Leah]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

I always speculate something in the market and people continue to sell and buy, of course I think that up and down is indeed part of the item, as well as Bitcoin up and down.

My personal speculation for Bitcoin, if the government and large companies enter the Bitcoin market and adopt large amounts, my speculation is the price of Bitcoin will not go down below $100K, because of them At present the benefit of the Bitcoin spot trading to buy and sell, they do not need Bitcoin down $60k Bitcoin down $110k buy and sell $115K is enough for them.

Bitcoin is no longer good for ordinary users who make long -term investments, buying little by little, Bitcoin is currently only useful for those who are rich and have billions of dollars.

You're absolutely correct, it's the demand and supply that controls the market which simply means buying and selling in other words causing the up and down trend of volatility but some other factors can play a role towards the up and down of bitcoin volatility, the ones you mentioned are on point large whales, government and so still have their roles to play but Fud's, wars and negative news still do manipulate the market too.

 Well, those who are wealthy enough to buy Bitcoin in bulk find it very easy to build their portfolio faster but Bitcoin is not only beneficial or useful to them only, Bitcoin is for everyone, it's better to buy little buy little and hold for a longer period than not to own some bits of the Satoshi's Gold as I do call it.

[icebar]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?

Bitcoin price is likely to dip a bit this month. But I don't think it will go below 100k. Although currently the price of each Bitcoin is still within 116k from where there is a possibility of bullishness again. It is difficult to make a very good prediction about the market at the moment because there can be a big rise in the market at any time. Since Bitcoin has not fallen below 110 for a long time, we can say that Bitcoin has a big support zone at this level. The overall performance of the market is still good. That is why I am confident. The market will be bullish at any time. I think it will be difficult for the price of Bitcoin to go below 110k this month.

[irhact]

The steady decrease of Bitcoin price is starting to look like we might be heading to $90k because ever since the new ATH it hasn't shown any sign of hanging on either $115k or $120k for long and we see more of the negative signs but things can turn out to be different if before the end of this week if we can see the market price getting back to $117k. It will be normal if investors and traders start hitting the panic button, this shouldn't be new to them because is something that always happens.

Since Bitcoin got to $124,500 it has been declining but that's usual with the market as some individual starts taking profits after Bitcoin gets to a new highest price. The movement of Bitcoin will be up and down for some days until we get the directions that the market will be heading. For me though, as far the price can stay above $100,000 then I think we're good and there isn't going to be much panicking in the market but if the price fails below $100,000 then panic will begin to get high in the market and many people will start selling. I don't want to say Bitcoin is going to fall or not because both things can happen but the market isn't going to collapse that's my view.

[Hazink]

the stability of bitcoin is never in doubt no matter how it falls it can never fall below $111k because the world is turning bitcoin to the brighter side so it will be increasing more than falling thats my take on this thread.

After a great fall in the market, Bitcoin can try as much as it can to retrace and stabilise around a certain position. Not that it will remain stable, but it will rotate within a certain range. If it's for this month of August, then I can agree with you that we can't see Bitcoin go below $111k, but if that prediction is something you made to serve not just for a certain period but as a long-term prediction, then I disagree with you.

[Bitcoin_people]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

Bitcoin price has dropped a lot and we saw a lot of decline in early August. Then in mid-August Bitcoin price increased rapidly and created a new ATH, where Bitcoin price entered $124k. However, the market started to break down again and it dropped to $112k, although the market is currently likely to move upwards again. However, we can expect that the market may soon return to its previous position again because the market fell a lot due to the military period. However, I expect the market to be at $120k very soon. The market position is very good at the moment and it is running upwards.

[virasog]

Bitcoin price has dropped a lot and we saw a lot of decline in early August. Then in mid-August Bitcoin price increased rapidly and created a new ATH, where Bitcoin price entered $124k. However, the market started to break down again and it dropped to $112k, although the market is currently likely to move upwards again. However, we can expect that the market may soon return to its previous position again because the market fell a lot due to the military period. However, I expect the market to be at $120k very soon. The market position is very good at the moment and it is running upwards.

The bitcoin price movement is strongly driven by the news these days and everyone is eyeing at the Fed interest rate cuts this September. Although this is still a month left in rate cut decision but today Federal open market committee meeting minutes is to be relased and the market can remain very volatile during this period.

Although today is not the day but the market would be eyeing at  Powell tone where if he is hawkish it can be bad for the bitcoin but we are expecting him to be Dovish, that may bring some rally in the market.

[GeorgeJohn]

Yeah, to be frank I didn't expect such a sharp drop considering how yesterday it was at $119 so I feel anything can happen but the least it can fall and end at is $111k. We may not see anything less than that.

It's obvious that the price of Bitcoin is not constant and it can never be constant, the price of Bitcoin drops that should trigger us to panic because we all know that's how Bitcoin price fluctuate in the market, I believe that bitcoin price is something we need to know very well that if the price starts rising it doesn't rise continuously, it will rise but when it get to a point the price will also depreciate in the values, I know quit well that the price of Bitcoin never remains constant, the price dropping is something that surprises me, the reason be that bitcoin price can rise at any time and the rising always happens unexpectedly

[passwordnow]

Bitcoin price has dropped a lot and we saw a lot of decline in early August. Then in mid-August Bitcoin price increased rapidly and created a new ATH, where Bitcoin price entered $124k. However, the market started to break down again and it dropped to $112k, although the market is currently likely to move upwards again. However, we can expect that the market may soon return to its previous position again because the market fell a lot due to the military period. However, I expect the market to be at $120k very soon. The market position is very good at the moment and it is running upwards.

$120k is possible to be back there again. The correction do come and it's very normal that we've seen it happen this time. Most of the ATHs don't stay at the top for so long and that's why every time we get to another ATH, we'd see that it's going to correct. It's always followed by that but don't get it wrong, we're still in the bull run and likely it's next year that we'll see the price will start going terribly low and enters the bear market.

[POPOLUV]

Yeah, to be frank I didn't expect such a sharp drop considering how yesterday it was at $119 so I feel anything can happen but the least it can fall and end at is $111k. We may not see anything less than that.

It's obvious that the price of Bitcoin is not constant and it can never be constant, the price of Bitcoin drops that should trigger us to panic because we all know that's how Bitcoin price fluctuate in the market, I believe that bitcoin price is something we need to know very well that if the price starts rising it doesn't rise continuously, it will rise but when it get to a point the price will also depreciate in the values, I know quit well that the price of Bitcoin never remains constant, the price dropping is something that surprises me, the reason be that bitcoin price can rise at any time and the rising always happens unexpectedly

You are absolutely right that Bitcoin price is not constant because it is so obvious to every investors on the nature of Bitcoin price do swings in the market, so with DCA strategy you don't have to be looking into the fluctuation of Bitcoin price in the market because DCA strategy has covered everything that could make your mindset to always be in the market price, because this fluctuation of Bitcoin price in market has been the fear of every investors, but now DCA strategy has make life easier for both beginners and those investors that have been into the system before now.

[IjawMan]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

The op did not specify in the question what is rhe time range for the poll to guide our speculations. Is it for the month of August precisely  or in the rest of the year.

In the rest days of August I'm not projecting an increase in bitcoin price above the $120000, the resistance in that mark will have to be broken through by price base on strong positive events and it can't be this August.

I am optimistic for the rest of this year for a another ATH to be recreated, it about when that I sincerely don't know considering that we're all speculating from data we have.

[atookz]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

There are two possibilities in my opinion. If the bullish trend remains strong and buying volume increases, the price will likely test the resistance level of $120,000. If the breakout is accompanied by significant volume, the next target could be around $125,000. And if, as is currently the case with Bitcoin current price of $113,000, then selling pressure is strong, it's very possible it could return to the support level of around $110,000. If that happens, the short-term bullish trend will become sideways or even bearish, possibly dropping to around $107,000.

Currently, Bitcoin volume is still above $64.69 billion (coinmarketcap), which is still considered high. So, I think Bitcoin drop below $110,000 in the next few days is unlikely. Correct me if I'm wrong in my prediction, as I'm still learning

[cryptomaniac_xxx]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

There are two possibilities in my opinion. If the bullish trend remains strong and buying volume increases, the price will likely test the resistance level of $120,000. If the breakout is accompanied by significant volume, the next target could be around $125,000. And if, as is currently the case with Bitcoin's current price of $113,000, then selling pressure is strong, it's very possible it could return to the support level of around $110,000. If that happens, the short-term bullish trend will become sideways or even bearish, possibly dropping to around $107,000.

Currently, Bitcoin's volume is still above $64.69 billion (coinmarketcap), which is still considered high. So, I think Bitcoin's drop below $110,000 in the next few days is unlikely. Correct me if I'm wrong in my prediction, as I'm still learning

We will see, there are lot of analysis that I read online that we are somewhat in a bear market, meaning the price will continue to go down. As what price it will go and hit the lowest low? We will not know that. Maybe it's lowest will be below $110k, but still though if we go that level then it's a good entry  and rebuy those cheap Bitcoin again and started to stack sats.

And that is the best way for us, to continue to accumulate at downturn. We all know that some are going to panic when we see the price going down. But if you look at the bright side, it's not that bad after all. We just need to focus on look at the bright side and the bigger picture.

[Promocodeudo]

You are absolutely right that Bitcoin price is not constant because it is so obvious to every investors on the nature of Bitcoin price do swings in the market, so with DCA strategy you don't have to be looking into the fluctuation of Bitcoin price in the market because DCA strategy has covered everything that could make your mindset to always be in the market price, because this fluctuation of Bitcoin price in market has been the fear of every investors, but now DCA strategy has make life easier for both beginners and those investors that have been into the system before now.

Was Bitcoin price meant to be stable or constant I think the answer is no, whats volatile and fluntuation, those are what Bitcoin price is made of, I think some people overthink about whats meant to be, it gets me worried, what drives the price to increase and decrease at any given time is volatility and that's what keeps it going, people must be under pressure at some point to sell premature or take a little gain and at this point the price fall and some persons utilizes this opportunity to buy at a cheap rate if they have the funds to buy heavily.

Let me get back to what the op termed his thread, I think talking about if Bitcoin will fall or if it wouldn't doesn't really matter much because if Bitcoin dropa below the price it is right now, it is for the good of real investors who are long-term investors, it will give them the opportunity to buy at a reduced price and keep hodling, if Bitcoin price keeps rising then investors will keep doing the needful buying buying gradually and consistently with DCA method and hodl for a long term, the hostry of Bitcoin should have by now open our eye and also sink in some positive stuffs about Bitcoin investment, Bitcoin hasn't failed since it was created, we are at $100k+  doesn't that ring a bell that we are acatully heading to something big in the future, why do people worry too much about some temporal dips that are blessijg in disguise, when they are supposed to be taking advantage of the situation.

[Onyeeze]

Yeah, to be frank I didn't expect such a sharp drop considering how yesterday it was at $119 so I feel anything can happen but the least it can fall and end at is $111k. We may not see anything less than that.

in Bitcoin price you have to know that anything can happen at any time because price of Bitcoin can never be constant you may wake up today and see the price of Bitcoin at 120k and after sometimes or some hours you might see the price of Bitcoin at 127k so don't should not be surprised that you see the price of Bitcoin like that or when you come you see the price of Bitcoin fall below 100k so that is has been the method of Bitcoin right from upset so we should not be panic when we notice something like that that bitcoin price is dropping in the market and if he has not depart from this kind of thing falling and rising since the creation of Bitcoin