Bitcoin will fall or not

[Pi-network314159]

I don't know what to chose on this poll anymore because we have crossed the ballpark of $120k to $124k and now this is august the price of Bitcoin has dropped to $112k, I am not sure how long this Bitcoin correction will last but I am not certain if Bitcoin price will Fall below $100k initially when Bitcoin began to drop from $120k to $115k I thought it will regain and bounce back again but instead it kept diping down to $112k who knows if the price will be $105k tomorrow or less. But I am uptimistic that Bitcoin will recover soon since we are still on the bull.

[Popkon6]

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 are almost at the end of the Bitcoin bull run, as the price of Bitcoin touched a high of $124,000. From there, the price of Bitcoin has made a small dip, maybe this dip has given an opportunity to buy Bitcoin for Bitcoin holders in the market. Because many people are buying Bitcoin according to the DCA method, and many people are buying Bitcoin dips.
Naturally, I think a slight drop in the price of Bitcoin is positive for Bitcoin holders, but the possibility of Bitcoin falling below $110,000 is very low.

[Zackz5000]

We can't predict correctly what the price will be, currently we are seeing some decline in price of Bitcoin some weeks back we celebrated a new ATH suddenly the price starts dipping, it is also a good time to accumulate more Bitcoin because Bitcoin price will still increase those who has enough reserve fund can use this opportunity to accumulate Bitcoin aggressively since the price won't keep dipping because as a volatile asset it keep fluctuating i believe we can still see another ATH before the end of next month.

[SmartGold01]

Looking from the current price of Bitcoin it's positioned on $113k  from 123k as ATH, and this shows a very strong resistance in the market, but I don't think we could have that more decline in price again because going through history it's assumed the market is preparing to gain a strong momentum to scale above the current price to supply the full the bull run for altcoin. Before altcoin season comes we usually experience a strong opposition and rejection in price and after this close to Q4 you would see how the cryptocurrency market would increase above expected. But in all, we are only speculating as the market can't be that predictable.

[virasog]

Looking from the current price of Bitcoin it's positioned on $113k  from 123k as ATH, and this shows a very strong resistance in the market, but I don't think we could have that more decline in price again because going through history it's assumed the market is preparing to gain a strong momentum to scale above the current price to supply the full the bull run for altcoin. Before altcoin season comes we usually experience a strong opposition and rejection in price and after this close to Q4 you would see how the cryptocurrency market would increase above expected. But in all, we are only speculating as the market can't be that predictable.

This is favoured too as the fed chairman has hinted the interest rate cuts and hopefully we will get them next month in September. I don't know if we keep pumping throughout the month and then this will become the sell the news event (as usual) or maybe this time there will be no sell the news and it will continue to rise in prices.

Anyways I think that we are near the parabolic phase of the bull market. A lot of gains are yet to be made.

[Grace333]

I would say Bitcoin will always rise and fall, that is just the nature of it. The price is not designed to move in a straight line, so expecting it not to dip is unrealistic. What really matters is the long term trend, and history has shown that no matter how deep the falls have been, it still recovers and pushes to new highs.

So instead of stressing about will it fall or not, I think the better question is, what is your plan for when it does? Because dips are not the end, they are just part of the journey.

[Nwada001]

We can't predict correctly what the price will be, currently we are seeing some decline in price of Bitcoin some weeks back we celebrated a new ATH suddenly the price starts dipping, it is also a good time to accumulate more Bitcoin because Bitcoin price will still increase those who has enough reserve fund can use this opportunity to accumulate Bitcoin aggressively since the price won't keep dipping because as a volatile asset it keep fluctuating i believe we can still see another ATH before the end of next month.

The price of Bitcoin is already increasing, and on the upside, that dip you were seeing in the market is something that's inevitable; we see it in the market. Currently, the market is also reacting positively due to the news about Jerome Powell agreeing to reduce the interest rate, which appears to be a good move and in the interest of the people, who want to acquire Bitcoin. They should do that without waiting for any drop again in the market.

[Leahized]

We are almost at the end of the Bitcoin bull run, as the price of Bitcoin touched a high of $124,000. From there, the price of Bitcoin has made a small dip, maybe this dip has given an opportunity to buy Bitcoin for Bitcoin holders in the market. Because many people are buying Bitcoin according to the DCA method, and many people are buying Bitcoin dips.
Naturally, I think a slight drop in the price of Bitcoin is positive for Bitcoin holders, but the possibility of Bitcoin falling below $110,000 is very low.

I think the bullrun is not over yet. Yes it is exactly what we reached at a maximum of 124k but later it didn't stable. And we are watching in the past when the price of Bitcoin reaches the maximum then there is a lot of fall in the market and I think it's very normal. However, when the price of Bitcoin came to 112K. Then the Investors gave the opportunity to buy more. Those who are using this opportunity are now very profitable. Because yesterday we saw Bitcoin from 112k to 117k. However, the danger of Bitcoin has not yet been started because if the first start again then we can see below 100K. But this can be a lot of frustration for all of us. However, any situation we need to keep ourselves calm and deal with all the situations.

[Hewlet]

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?

We should be more interested in what happens after each bull or drop rather than when the next drop will happen. for all we are sure of, it takes just a fraction of time for bitcoin to cross boundaries and for the $120k, it is even easier to cross it and go higher than it was crossing the $100k point. i still think that we are in a bull run and likely, the bull will continue for a much longer period of time. slight corrrections are part of the bull but they are not an indication that bitcoin will fall. sma eway when bitcoin gets bulish, it does not go staright way to the moon, when bitcoin also experience some sort of short term correction, it does not also goes completely beer.

[Swordsoffreedom]

This is favoured too as the fed chairman has hinted the interest rate cuts and hopefully we will get them next month in September. I don't know if we keep pumping throughout the month and then this will become the sell the news event (as usual) or maybe this time there will be no sell the news and it will continue to rise in prices.

Anyways I think that we are near the parabolic phase of the bull market. A lot of gains are yet to be made.

Even if a "sell the news" event occurs, it is only a temporary correction and the market will soon grow again. Because cutting interest rates will have a significant impact on the strength of the US dollar as well as a positive impact on the global economy. It will stimulate economic growth in general, from which financial markets, especially speculative markets like stocks and bitcoin will benefit greatly. So as long as the Fed cuts rates, regardless of whether or not the "sell the news" happens, that's still a very good sign for us long term.

[Y3shot]

I would say Bitcoin will always rise and fall, that is just the nature of it. The price is not designed to move in a straight line, so expecting it not to dip is unrealistic. What really matters is the long term trend, and history has shown that no matter how deep the falls have been, it still recovers and pushes to new highs.

So instead of stressing about will it fall or not, I think the better question is, what is your plan for when it does? Because dips are not the end, they are just part of the journey.

One of the things Bitcoin investors do is speculate on the movement of Bitcoin; it is not as if they are unaware of its nature. People enjoy speculating on the price of Bitcoin because of activities happening in the world, which normally affect the market either by increasing or decreasing its value.

For those trying to predict the price of Bitcoin to help them decide what to do, it is better to understand that Bitcoin is a volatile asset that cannot be predicted. Volatility should not be a reason to delay buying Bitcoin and holding or selling when you are not prepared to sell; just do the right thing and never worry about whether the price of Bitcoin will fall or not.

[Promocodeudo]

One of the things Bitcoin investors do is speculate on the movement of Bitcoin; it is not as if they are unaware of its nature. People enjoy speculating on the price of Bitcoin because of activities happening in the world, which normally affect the market either by increasing or decreasing its value.

For those trying to predict the price of Bitcoin to help them decide what to do, it is better to understand that Bitcoin is a volatile asset that cannot be predicted. Volatility should not be a reason to delay buying Bitcoin and holding or selling when you are not prepared to sell; just do the right thing and never worry about whether the price of Bitcoin will fall or not.

I love your advise, they should get it straight that volatility is a Bitcoin thing so trying to predict the acatual price of a volatile asset is really possible, if we guess the price, it must not be the actual price, there must be two decimal as we have seen always meaning that no matter how we predict it, we can never arrive at an exact price, I just understand that there are short term and long term investor but the thing is some perons say they are investors but has not come out to say the category they fall into whether it is short term or long-term, a long-term has nothing to think about volatility, he only concentrate on buying without considering or looking at the price status of Bitcoin because he is actually aiming for the future but people that get disturbed about volatility is short term investors but why will some get worried about what he can't control, volatility is even the beauty of Bitcoin investment since it favour both the dip and upsurge and also making the two very beneficial to Bitcoiners.

[SmartGold01]

snip

This is favoured too as the fed chairman has hinted the interest rate cuts and hopefully we will get them next month in September. I don't know if we keep pumping throughout the month and then this will become the sell the news event (as usual) or maybe this time there will be no sell the news and it will continue to rise in prices.

Anyways I think that we are near the parabolic phase of the bull market. A lot of gains are yet to be made.

If this is also hinted then there could be chances of strong support in the market, although already as we know the market has already been preparing for the bull market and this would have a strong effects towards the altcoin season, and of course September is also proven to be partially bull based on history, which starts from first months of Q4 (September -December) against 2026.

[Adams0001]

I would say Bitcoin will always rise and fall, that is just the nature of it. The price is not designed to move in a straight line, so expecting it not to dip is unrealistic. What really matters is the long term trend, and history has shown that no matter how deep the falls have been, it still recovers and pushes to new highs.

So instead of stressing about will it fall or not, I think the better question is, what is your plan for when it does? Because dips are not the end, they are just part of the journey.

You are right, bitcoin is volatile and he will continue to raise and decrease anytime, because that is how he goes we can't predict bitcoin so we should always focus on our goals and get profit. If you think you can predict bitcoin you will just stress your self because the time you think he will pump that is when he will be dropping so just invest for long term and set your targets anytime you reach your target you can sell your profit. Because investment need plan so that you can easily achieve your goals on it, without making your self confused. Anyone that have knowledge about bitcoin will always no that bitcoin is volatile and the price can drop or increase anytime. Is just for you to invest for long term and enjoy the benefits anytime the price increases. You need to wait patiently before getting your goal in Bitcoin don't listing to anyone that says Bitcoin won't increases anymore.

[cocadalcan]

We can't predict correctly what the price will be, currently we are seeing some decline in price of Bitcoin some weeks back we celebrated a new ATH suddenly the price starts dipping, it is also a good time to accumulate more Bitcoin because Bitcoin price will still increase those who has enough reserve fund can use this opportunity to accumulate Bitcoin aggressively since the price won't keep dipping because as a volatile asset it keep fluctuating i believe we can still see another ATH before the end of next month.

In a situation where the price of Bitcoin is currently stable rather than volatile, predicting its price may throw your ideas into disarray. However its price is more likely to increase rather than fall. I agree with your advice about accumulating Bitcoin. If someone has excess reserve funds, then the best decision would be to buy Bitcoin without delay. You mentioned the possibility of another ATH next month, I think it is very possibility to get it by the end of this month.

[Salahmu]

We can't predict correctly what the price will be, currently we are seeing some decline in price of Bitcoin some weeks back we celebrated a new ATH suddenly the price starts dipping, it is also a good time to accumulate more Bitcoin because Bitcoin price will still increase those who has enough reserve fund can use this opportunity to accumulate Bitcoin aggressively since the price won't keep dipping because as a volatile asset it keep fluctuating i believe we can still see another ATH before the end of next month.

In a situation where the price of Bitcoin is currently stable rather than volatile, predicting its price may throw your ideas into disarray. However its price is more likely to increase rather than fall. I agree with your advice about accumulating Bitcoin.

What Zackz5000 said is true about Bitcoin now because you cannot predict no matter how you try, you can barely no whether we are on dip or we are currently bullish, is easier predicting when there are several clarity of the price possibly work according to how it was predicted.you cannot be sure of what you are saying because you can see price fall tomorrow instead of rise, have you not seen it currently?, just a few moments it was $113k recently but now is lower so that's why you cannot say that it will not fall again. If next month being September is were the ATH will be broken it will not be too hard for it.

[bangjoe]

We can't predict correctly what the price will be, currently we are seeing some decline in price of Bitcoin some weeks back we celebrated a new ATH suddenly the price starts dipping, it is also a good time to accumulate more Bitcoin because Bitcoin price will still increase those who has enough reserve fund can use this opportunity to accumulate Bitcoin aggressively since the price won't keep dipping because as a volatile asset it keep fluctuating i believe we can still see another ATH before the end of next month.

In a situation where the price of Bitcoin is currently stable rather than volatile, predicting its price may throw your ideas into disarray. However its price is more likely to increase rather than fall. I agree with your advice about accumulating Bitcoin. If someone has excess reserve funds, then the best decision would be to buy Bitcoin without delay. You mentioned the possibility of another ATH next month, I think it is very possibility to get it by the end of this month.

The outlook in question is short-term, not long-term. In the long term, bitcoin will certainly experience an increase.

I see that Bitcoin's bullish trend has been broken, and today it is still in a price consolidation phase with a fairly long sideways movement above $105k. The bearish trend in the short term can still be seen, perhaps for a few more weeks, but I am very optimistic that the interest rate cut in September will provide extraordinary liquidity to the market, which could boost prices or turn the situation bullish again.

[skarais]

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I see that Bitcoin's bullish trend has been broken, and today it is still in a price consolidation phase with a fairly long sideways movement above $105k. The bearish trend in the short term can still be seen, perhaps for a few more weeks, but I am very optimistic that the interest rate cut in September will provide extraordinary liquidity to the market, which could boost prices or turn the situation bullish again.

Bitcoin can rise at any time and for any reason. There are many positive factors that could drive the price up, but I really wonder why an interest rate cut would have such an impact on the market. If the market reacts based on interest rate adjustments, then the government has likely been able to control the market and bitcoin indirectly.

Bitcoin is still very likely to hit a new all-time high on this year, but we never know when that will happen. The potential for significant upside is still very reasonable, even if it takes weeks or months. Currently, the price is around $110,000, down nearly 1.5% in the last 24 hours.

[Silikiem]

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I see that Bitcoin's bullish trend has been broken, and today it is still in a price consolidation phase with a fairly long sideways movement above $105k. The bearish trend in the short term can still be seen, perhaps for a few more weeks, but I am very optimistic that the interest rate cut in September will provide extraordinary liquidity to the market, which could boost prices or turn the situation bullish again.

Bitcoin can rise at any time and for any reason. There are many positive factors that could drive the price up, but I really wonder why an interest rate cut would have such an impact on the market. If the market reacts based on interest rate adjustments, then the government has likely been able to control the market and bitcoin indirectly.

Bitcoin is still very likely to hit a new all-time high on this year, but we never know when that will happen. The potential for significant upside is still very reasonable, even if it takes weeks or months. Currently, the price is around $110,000, down nearly 1.5% in the last 24 hours.

It’s very obvious they bitcoin is a very volatile asset and it have every tendency to go up and down in terms of its market price, so whatever be the case, weather it goes up or down is something every true bitcoin investor should really expect and not to panic whenever such things happen. What’s necessary now for the long term investors is to be able to figure out discretionary income and accumulate consistently and take advantage of every market opportunity to add more value to your portfolio, because bitcoin price will continue to go up even though it went down at some point.

[Danica22]

but I really wonder why an interest rate cut would have such an impact on the market.

Cutting interest rates will lead to a reduction in borrowing costs and with lower borrowing costs, businesses and individuals will tend to borrow more money to spend, do business and invest. Second, as interest rates fall, bank deposits become less attractive. Therefore, investors will tend to invest in speculative investments that can yield higher returns. That is why in a stable economy, gold prices usually fall and lose their appeal, but vice versa. Speculative assets like stocks, bitcoin will be the ones that perform better and lead to price appreciation.

But cutting interest rates doesn't always have a positive impact. It depends, because if interest rates are cut, but the economy still falls into recession. Don't expect speculative assets like bitcoin to grow.