A little reminder

[JimaGod]

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

I don’t even know why I am seeing bitcoin below 75k and I didn’t want to sound odd that’s why I never mentioned but I’m glad I’ve got someone who also sees things with me but the good thing is that, it will always hit a new all time high again but for now, we should hold smartly and in some cases if possible you swap from bitcoin to usdt (just saying and not trying to sound like a trader) to be at the more safer side.

[Muba20]

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

The volatility of Bitcoin is so high that if someone invests in Bitcoin, he may panic. If someone can gain a good understanding of Bitcoin, then instead of panicking about the decline in the price of Bitcoin, he will try to hold it for the long term. Sometimes the price of Bitcoin will be bullish and sometimes bearish, but if someone holds it for the long term, then he will definitely be able to profit. I have seen in most cases that those who are long-term holders have profited. Moreover, if we look at the price chart of Bitcoin, the same situation will be seen there. Even though the price of Bitcoin has decreased for some reason, it has increased again and reached the all time high.

[Cookdata]

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

He isn't telling you to catch a falling knife but the market pattern isn't new to us every year. When Bitcoin dump, you start to see different narrative and storey, Bitcoin is doing this, Bitcoin will go to zero and how some people don't believe in Bitcoin but Bitcoin want to show what it's truly made off, it doesn't look at all this before it goes flying. The same pattern of 2013 dumps is happening before our eyes but OP is saying we have been here before and we are going to past it again.

I saw a tweets by one influencer today, I can't recall his name but he is a beliver of Bitcoin. Saw some of his x tweets telling people how to buy Bitcoin in 2015 when Bitcoin was trading around $235, that's exactly 10 years today and Bitcoin is trading around 5 figures, much isn't needed to be talk about but the message is passed.

[EL MOHA]

I don’t even know why I am seeing bitcoin below 75k and I didn’t want to sound odd that’s why I never mentioned but I’m glad I’ve got someone who also sees things with me but the good thing is that, it will always hit a new all time high again but for now, we should hold smartly and in some cases if possible you swap from bitcoin to usdt (just saying and not trying to sound like a trader) to be at the more safer side.

It’s not rocket science or even something extraordinary now to see bitcoin get to $75k because this is officially a bearish trend and during bearish periods bitcoin usually goes as low as -70% from its ATH, if we apply same logic to this current ATH then bitcoin could go as low as below $40k this bear trend, so $75k is technically and historically just a matter of time.

But with the current changes in the bitcoin market trend such as a reduced volatility which actually makes me speculate that we wouldn’t be experiencing upto 70% price because even the pump the was as volatile this bull run as that. For me we would see at least -65% which is the market will actually get to like $45k before the start of a new trend

[Rockstarguy]

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

And I wish those that are panicking about the price of Bitcoin can remember this and do the research,  it will really encourage them to keep hodling without being worried about the price of Bitcoin.  Whatever that is happening in the price movement of bitcoin now is never new, and this is the same reason in the past many people sold out their investment which this is even an opportunity to buy more Bitcoin. Understanding is very important because it is the only tool that can make one to accomplish bitcoin investment goals. The reason why people panic when the price of Bitcoin is coming down is because they lack understanding of Bitcoin.

[Agbamoni]

I will skip the Bitcoin discussion board for a while since there is nothing new to discuss.

It is always about bitcoin dropping in price, panic selling, motivational quote to not sell now, bla bla bla.

[goldkingcoiner]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Bitcoin in 2010 never reached a $1. The next year, 2011, bitcoin reached almost close to $30. Bitcoin in 2012 peaked at $13 just before the year ended.

The first halving happened the month before in year 2012. Not even 5 years into its creation, bitcoin reaches $1000 in 2013.

Bitcoin fell during 2014. 10 years ago, 2015, bitcoin’s highest price was only around $400. Bitcoin had a slow appreciation in 2016 but eventually reached $1000 by end of the year.

2017 changed a lot of people’s lives with bitcoin reaching a high of $19,000. 2018 on the other hand was quite painful with bitcoin closing in on around $3000. Bitcoin in 2019 resulted in mixed feelings but it gained positive traction when it jumped from $3000 to $13000 again in the middle of the year.

 2020 showed extreme lows and extreme highs but ultimately reached close to $29000. Bitcoin in 2021 reached an astounding $60,000. In 2022, bitcoin wasn’t notable playing only around $20000-$30000. Bitcoin in 2023 closed at $40000. 2024 saw bitcoin reach the big $100000 milestone.

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

You call this a struggle? This is nothing to panic about.

Bitcoin has seen far worse dumps and far scarier volatility in the past than it has now. I see the current dump as a slight correction on the continued direction of up. I think the longer you stay in the Bitcoin scene, the more you become used to seeing such price actions.

[coolcoinz]

Bitcoin is struggling right now and everyone is tempted to sell, I bet.

You'd lose that bet. Imagine that I went through a correction to $70k without selling anything, so why would I be tempted to sell at $85k?
Many of the people here held during the covid crash at $4k. You went through that and nothing will shock you

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

We could be or not. Nobody knows that, just like nobody but the insiders could have predicted that Trump would tweet about 100% tariffs on China and crash the market. I'd like to remind you that 2 months ago banks like JP Morgan were predicting $150k and a few weeks later Trump crashed these predictions with a single tweet.  

IMO charts don't mean a thing they are good at predicting the price as much as they are bad, so you might as well flip a coin and decide what you'll do. I prefer not to speculate with my bitcoin and just hold it offline. Remember that every time you send bitcoin to an exchange you trust a third party, pay fees, go through KYC, possibly owe taxes... I stay anonymous and keep holding.

[nakamura12]

You may call it struggle but other people won't call it struggle but a normal event where Bitcoin drops but will surely increase once again in the future. It already happened before where it reaches 3k until it's price increase to 10-12k. So, this is just a dip for a certain time then it will increase in the future just like when it was around 40k when it suddenly increase to 100k. If you are in Bitcoin for quite some time then you'll see it many times and won't panic when things like this happen.

[Raflesia]

What makes us feel that we are currently in a state of distress. Because the bitcoin price is not what we expected? Of course every upswing has a downswing and I don't think we've forgotten that before the current downswing we went through a crazy bull market ever since bitcoin was at $15k and then flew to a direction that even exceeded expectations where we surpassed $100k which has even been discussed since a few years ago.

When we focus too much on the downturn, it makes us worry more but not realizing that we even experienced some ATH before.
Most people are over-dramatizing the situation as if it is a disaster. I know that when a downturn happens, the value will definitely shrink but such a thing is not a reason for us to let go of our ownership because it could be that when we let go of the bitcoin we have today, tomorrow we will not be able to get it back.

[Hypnosis00]

It pays to study its history first before jumping into bitcoin investment. Aside that you will gain familiarity on how bitcoin price moves, you will also gain security knowing every time bitcoin price falls, it will always find its way to recover. That's how amazing bitcoin is, it could easily fall, but it will definitely comes back with a higher amount. But for those who are only here for instant gains, they must be in total panic right now. The weak hands will always be like that, the diamond hands will always be the ones winning in the end having massive amount of future profits. Patience do matters a lot with bitcoin.

[boyptc]

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

The doubt and fear that they are having right now is a normal reaction when they don't like what's happening. Me either, I don't like what's happening now but we've been through this for so many times.

And you're right with it, no matter how tough the dips have been. In the end, Bitcoin has always recovered and people who are in doubt and panic right now needs to look at that.

You can think of it as a reset if you haven't done so much accumulation yet, there's still time but I know that it's disappointing but this is a casual thing in the market.

[mirakal]

I've been here for quite long, so there's no reason for me to doubt bitcoin, but only newbies do that, especially if they rush into investing for quick profits without prior knowledge about bitcoin. This is the biggest risk when investing with bitcoin, the price keeps dropping sharply, yet you have no idea when it'll be coming back to its original price, or it will still recover, so the impatient investor will definitely be in big trouble now especially if he resort into selling and accept his loss.

However, no worries for the early investors, as we will just watch the market and guess when this dilemma stops. lol

[Josefjix]

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

You shouldn't be having that shallow thinking to looking at Bitcoin price movement as a real quick setting sell order for instant gains and profits, what op really explained signifies the hidden truth about long term investment attitude.

If you are really the type that are extremely patient and consistent on the buy order, then the readiness to enjoy the next ATH of about $150k above is sure whenever the time comes.

[serjent05]

This trend is a natural occurrence for the Bitcoin market.  Those who have fully researched the Bitcoin market won't budge an inch in this kind of event.  Only those who rushed to invest without knowing the market will tremble on this kind of Bitcoin price crash.  And this is where the whale profits too much by buying those Bitcoins sold by weak hands during the price downtrend.

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

I do not think buying BTC at a discount is like catching knife. If a person is for a long term, buying discounted Bitcoin is the best thing.  Yes Bitcoin can downtrend further more, there is no surprise on that since the Bitcoin price chart can show the history of every cycle's trend.  But since the person is for a long-term investment in bitcoin, DCA-ing during bear market is the best move the person can make.

[Cryptomultiplier]

This doesn't mean that we should start catching falling knife, I still believe it is better if we all have some lesson about Bitcoin chart, we can easily tell when to buy and when to sell, weekly close is coming and there will be a problem if Bitcoin failed to retake that 102k price, we can be heading to 75k soon.

You shouldn't be having that shallow thinking to looking at Bitcoin price movement as a real quick setting sell order for instant gains and profits, what op really explained signifies the hidden truth about long term investment attitude.

If you are really the type that are extremely patient and consistent on the buy order, then the readiness to enjoy the next ATH of about $150k above is sure whenever the time comes.

The best practices anyone who is in a state of panic should apply, should be to either reduce the investment amount, that's for those investing through a DCA plan, instead of outrightly selling off their assets.
 Also, they can diversify some of their current BTC investments into other more stable assets like gold, stocks and bonds or even stable coins like the USDT which is pegged to the dollar and would be steady despite any dip or pump in Bitcoins price.

[freedomgo]

I’ve been here for 10 years, and in that long period I’ve seen how the market struggled, even reaching the point where people were saying Bitcoin would die. But guess what - after every hard fall, it never failed to amaze us with its recovery.

So for the newbies who panic when they read posts full of fear, choose carefully who you listen to. We have organic users here like me who may not be great at TA, but I’m speaking from experience: we should trust Bitcoin no matter what the market situation is.

And speaking of trust… since I assume you already trust it, what should you do in the current situation?

ACCUMULATE. That’s the key.

[Kelvinid]

There's always a difference if you come in the market equipped with knowledge and strategies, compared to those who only get to invest due to peer pressures, or due to wrong information from unreliable sources. Bitcoin is indeed highly risky, if you enter unprepared, you will lose, but if you enter having those learning experiences from other successful investors, you will know that you are also heading there if you just do the right things with bitcoin, if you never let your greed control your decisions.

[alani123]

It doesn't matter if BTC spends time below 100k the issue is if there will be cascade liquidations. Like what if microstrategy and other corporations holding BTC in their portfolio go down because they had to liquidate? Prices go down even further and maybe we enter in a best market. That would be a scenario to try and avoid

[aoluain]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin.

Bitcoin isnt struggling, its the Bitcoin market which is volatile. Volatility can mean
something negative but with the right mindset it can be advantageous for anyone
looking to

ACCUMULATE.

Its always a benefit to have some knowledge of the historical movements of the
Bitcoin market but not everyone does that and so end up thinking at times like this
that the market is going to crash hard and Bitcoin will end.

This has happened many times before and will continue in the future.