Bitcoin is now $70k plus.

[As-Soon-As]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

It is normal for the price of Bitcoin to correct, but you should continue to buy Bitcoin. Because the more you buy Bitcoin at the dumping moment, the more benefits you will gain when the price of Bitcoin reverses. Because the most confident way to hold Bitcoin for a long time is to hold Bitcoin according to a long-term plan. Because we are most self-reliant in long-term Bitcoin investment, for this we will continue to buy Bitcoin at the present time and hold it for a long time.

[virasog]

It is normal for the price of Bitcoin to correct, but you should continue to buy Bitcoin. Because the more you buy Bitcoin at the dumping moment, the more benefits you will gain when the price of Bitcoin reverses. Because the most confident way to hold Bitcoin for a long time is to hold Bitcoin according to a long-term plan. Because we are most self-reliant in long-term Bitcoin investment, for this we will continue to buy Bitcoin at the present time and hold it for a long time.

Bitcoin dipped below 60K a few days back and it was a golden opportunity to buy Bitcoin. By the way, I think that investors and whales would have loaded up their wallets as the price pumped from 60-70K pretty quickly and most probably it was the big money who bought this dip.

Retailers like us rarely buy Bitcoin during this fearful time. When bitcoin was dumping, people thought that it will go to 50K, 40K and even below and the fear was seen all over social media. It's sad that these big players not only buy cheap but also play with our emotions. 

[tygeade]

Going under 67k again, price is showing that the increase was just a fluke and it happens in every bear market, so I agree that we are still in the bear market. People need to realize we are going to be able to make money from this period as well, not right away but we can and why feel sad about price going down is wrong.

Because if you could buy and do DCA while it is going down like this, and keep doing that every month, once a month, then you are going to end up with a great return when the price finally starts to go back up. We will spend just a year here, but following this year, in 2027 it will get bit better, and in 2028 it will get a lot better (back above 100k) and in 2029 it will be all time high levels again.

[landheer]

It's down under 70k again, as we can see it's easy to go up and down for bitcoin and we should not be hopeful about this year. I know that the bounce made some people hopeful and they thought that we hit the bottom already and going to go up from here, but that is not how it's going to go.

This year is the bear year and you have to accept that, there is no money to be made from any of this and you should just focus on how you could benefit from bitcoin reaching the bottom price, that will be the way to get you more money. If you keep thinking that it will go higher, then you will keep buying more at these levels and you are going to keep losing money. That's not going to be ok for you and results will not be good at all.

If you think about it, it's true. It could be said that this is the beginning of the bearish season, so those who buy will likely not make much profit at this time because the BTC price will likely continue to fall.

But for now, I'm always continuing to trade with DCA and I'll hold BTC for the long term because I believe BTC has the potential to rise even higher in the future and will certainly continue to create new ATHs. I think this decline is a good thing because I'm using the DCA technique. What do you think BTC will fall to during this bearish season? Maybe to $30,000?

[Dave1]

Going under 67k again, price is showing that the increase was just a fluke and it happens in every bear market, so I agree that we are still in the bear market. People need to realize we are going to be able to make money from this period as well, not right away but we can and why feel sad about price going down is wrong.

Because if you could buy and do DCA while it is going down like this, and keep doing that every month, once a month, then you are going to end up with a great return when the price finally starts to go back up. We will spend just a year here, but following this year, in 2027 it will get bit better, and in 2028 it will get a lot better (back above 100k) and in 2029 it will be all time high levels again.

And it's a trap and what we call catching a falling knife. When everyone thought that it's over, then suddenly the market crashed again and then we look at who's fault it is. Those short term traders are really looking to squeeze some profits, however, the bear market, it's going to be very hard.

Yes, DCA could be the answer in this kind of market situation. There are no secrets, you only need the money and mental discipline to do it and grind for many months and year until we break into the halving and the bull run. So that could be the next 2 years of bear market and then 2 years of bull run so continue buying as much as we can and then HODL.

[Leahized]

I think it will get worse before it gets better

With the way the market is going, I believe it will eventually go down below what people are complaining of, maybe 55–60, or I believe it's an all-time high because the way it's struggling to hold the $70k level, if that which is holding it at that point gets cleared, then more dump is going to happen, and we can't prevent that.

I think the situation is worse. Bitcoin is already hovering between 66k and 70k for a long time. If we want to hope for something better, we have to look at losing value. Moreover, Bitcoin will never stay at the same price. But even if it moves down more slowly than before, it will return to the previous position very quickly. As it has been at 70k for quite a long time and has reached a peak of 71k at present. So no matter what the situation is, we have to plan for the long term.

[Republikcoin.com]

I think the situation is worse. Bitcoin is already hovering between 66k and 70k for a long time. If we want to hope for something better, we have to look at losing value. Moreover, Bitcoin will never stay at the same price. But even if it moves down more slowly than before, it will return to the previous position very quickly. As it has been at 70k for quite a long time and has reached a peak of 71k at present. So no matter what the situation is, we have to plan for the long term.

Bitcoin hasn't been around $70,000 or even below that for very long, as the decline has only been around for about four months, and the $70,000 price has only been around for a little over a week, or almost two weeks. So, if it's long, it's clearly not that long, and almost everyone can still be patient in the current situation if there's a much better price change by the end of this month, even if it doesn't mean a return to $100,000 anytime soon, as the bearish season is still ongoing.

[Oshio-man]

Those that bought bitcoin when the price decreased to $70k hope that they have succeeded in purchasing bitcoin in the low price , but seeing the current price in the market now make them to feel bad because they never expect the price to decrease below that $70k, based on what am observing from this season, I think the price of bitcoin will still going to decrease to settle down in $50k to allow as many that want to purchase in the low to have the opportunity to hold bitcoin for the next bullish season, despite the price is struggling to return back to $70k this week before it will decrease again, I believe this bearish season will last long because this bullish season that is about to leave the Market is the longest bullish season I have experienced from bitcoin since I joined this forum.

[whiteblue]

We are in a price consolidation phase at the $60k-$70k price level right now, and I think we are in a sideways phase that could possibly last a long time here because we need to create strong price support again for the next price increase, and whether it will rise back to $90k or fall below $60k again depends on how strong our position is at the current price level, if it is confirmed that we can maintain a strong support position then we will see price growth again in the future, those who have bought at a higher price should accumulate more bitcoin so that profits when the price returns to $100k can be realized and not just a return on capital.

[Onyeeze]

Let's activate our buying energy right now, lol, while some people are not feeling very pleased with the market right now, others are pleased to see that they finally catch the position they have been expecting for a long time now. Those that bought at a higher price still have the opportunity to buy more now, they should not sell that lose. The price of Bitcoin is probably going to go down to around $60k  before the end of the month, that's why I sarcastically said we should activate the urge of buying more, it already dip to $66k today.

actually anybody that want to buy now should  go ahead and buy, but the thing is that the price of Bitcoin is going to fall more nobody knows if the price of Bitcoin is going to fall below what the price is right now so I believe that this is the perfect time each anyone of Us who is interested to invest in Bitcoin should go ahead and invest in Bitcoin,so I know that bitcoin investment is something that is not stable the price may likely increase instead of falling, so the price is unpredictable so anything can happen during the time of investment

[cryptomaniac_xxx]

Let's activate our buying energy right now, lol, while some people are not feeling very pleased with the market right now, others are pleased to see that they finally catch the position they have been expecting for a long time now. Those that bought at a higher price still have the opportunity to buy more now, they should not sell that lose. The price of Bitcoin is probably going to go down to around $60k  before the end of the month, that's why I sarcastically said we should activate the urge of buying more, it already dip to $66k today.

actually anybody that want to buy now should  go ahead and buy, but the thing is that the price of Bitcoin is going to fall more nobody knows if the price of Bitcoin is going to fall below what the price is right now so I believe that this is the perfect time each anyone of Us who is interested to invest in Bitcoin should go ahead and invest in Bitcoin,so I know that bitcoin investment is something that is not stable the price may likely increase instead of falling, so the price is unpredictable so anything can happen during the time of investment

That's why it depends on the circumstances as well of the Bitcoin investors as they have a three options,

a. buy in lump at the current price
b. wait a little longer (but it's very hard to time the market)
c. do DCA

So we have choices, and I think it's going to still be a win win situation. Regardless of when to buy, you will make a lot of profits in the future if you are going to accumulate and then HODL until the next bull run comes.

[Alonso_]

Personally i wouldn’t be worried whatever the price of bitcoin is right now, bitcoin is currently at $69k while I was writing this post, but we don’t have to be worried or excited or get carried away with whatever that we are thinking, I think it would be more wise if we keep buying and holding Bitcoin, bitcoin is volatility assets and we know how all this things would possibly work out if we continue buying at the discount rate.

However investors who have been buying Bitcoin for a long time will have no choice but to buy Bitcoin now, and they must have had a situations, where they aren’t happy with the current dip in the price of Bitcoin, so whatever the price of Bitcoin is right now is to keep buying and holding Bitcoin because that is the best possible way of getting comfortable with a dip in our Bitcoin assets.

[Nathrixxx]

We don't know what this new week may say as we are currently at the weekend and before we emerge a new week the market is showing strong reasons already at $70,000 this also means that by the way of the market reaction, we are expecting much of bear anytime from now to go towards $60,000 because we are already in the beer season and the market is not showing any indication to resist the bear for now.

[Pandu Geddon]

We don't know what this new week may say as we are currently at the weekend and before we emerge a new week the market is showing strong reasons already at $70,000 this also means that by the way of the market reaction, we are expecting much of bear anytime from now to go towards $60,000 because we are already in the beer season and the market is not showing any indication to resist the bear for now.

We might be in this market situation for a while. There's no need to be surprised by small increases and sideways movements for the time ahead. We might see lower prices, and they may persist for a long time. But in a situation like this, we might see some people speculatingon  prices in the short term.

[Accardo]

We might be in this market situation for a while. There's no need to be surprised by small increases and sideways movements for the time ahead. We might see lower prices, and they may persist for a long time. But in a situation like this, we might see some people speculatingon  prices in the short term.

Looking at the chart, Bitcoin price added by 3.48% and is likely to cross to 70k plus and resist there for a while. It's an opportunity to purchase more btc against the next halving. However, March is expected to be nice on btc, the price could correct back to 90k or a little bit less than that, depending on Tarrifs and maybe the end of Chinese New year.

[Pandu Geddon]

We might be in this market situation for a while. There's no need to be surprised by small increases and sideways movements for the time ahead. We might see lower prices, and they may persist for a long time. But in a situation like this, we might see some people speculatingon  prices in the short term.

Looking at the chart, Bitcoin price added by 3.48% and is likely to cross to 70k plus and resist there for a while. It's an opportunity to purchase more btc against the next halving. However, March is expected to be nice on btc, the price could correct back to 90k or a little bit less than that, depending on Tarrifs and maybe the end of Chinese New year.

It would be good if the market could recover in such a short time. For investment purposes, buying at the current price isn't bad. Some people might still be waiting for the possibility of the price dropping closer to $60k-$65k. But for trading, I’d rather wait first in a situation like this.

[Accardo]

It would be good if the market could recover in such a short time. For investment purposes, buying at the current price isn't bad. Some people might still be waiting for the possibility of the price dropping closer to $60k-$65k. But for trading, I’d rather wait first in a situation like this.

Nobody knows whether it'll drop further below 65k, but a good number of investors would want that to happen, you'll never know when it'll be the last time of Bitcoin doing this low numbers. That is why investors take the opportunities when most people run out of the market complaining over losses, knowing that Bitcoin would do much better in the coming years. As for trading it's an instant thing compared to investing, and should be dared with sharpness and calculated decisions.

[Jaycoinz]

We might be in this market situation for a while. There's no need to be surprised by small increases and sideways movements for the time ahead. We might see lower prices, and they may persist for a long time. But in a situation like this, we might see some people speculatingon  prices in the short term.

Looking at the chart, Bitcoin price added by 3.48% and is likely to cross to 70k plus and resist there for a while. It's an opportunity to purchase more btc against the next halving. However, March is expected to be nice on btc, the price could correct back to 90k or a little bit less than that, depending on Tarrifs and maybe the end of Chinese New year.

March is expected to be nice but it's actually not looking so since the whole market is on bearish mode, for me I think everyone should just have it at the back of their minds that the price from now henceforth is actually going to be a lot bearish than even bullish so even that month of March you are talking about is actually gonna look bearish for me and I don't expect anything else other than it is well of anything maybe more decline in price and many more opportunities to buy at cheap and good value of Bitcoin.

[Puzzled_bystander]

March is expected to be nice but it's actually not looking so since the whole market is on bearish mode, for me I think everyone should just have it at the back of their minds that the price from now henceforth is actually going to be a lot bearish than even bullish so even that month of March you are talking about is actually gonna look bearish for me and I don't expect anything else other than it is well of anything maybe more decline in price and many more opportunities to buy at cheap and good value of Bitcoin.

Granted, but then again, if we assume that February ends in the red, we wil have had four negative months in a row. The probability of March being green would be rather strong in that case.

We will see how it goes, but one might want to bear in mind that the last time we had the same chart pattern (double pin bars, first one with a long downwick), and rock bottom RSI as well as fear & greed index readings, was during the Covid crash.

While I am not saying that we will see the same vigorous recovery, I do believe we may not experience the protracted bear market of 2022/23 either.

[rezakurnia66]

Looking at the chart, Bitcoin price added by 3.48% and is likely to cross to 70k plus and resist there for a while. It's an opportunity to purchase more btc against the next halving. However, March is expected to be nice on btc, the price could correct back to 90k or a little bit less than that, depending on Tarrifs and maybe the end of Chinese New year.

Today bitcoin success hitting back to $70k after long moment dip below until $70k and good trend for bitcoin possibility will return back above $80k to $90k? I wish at the end this month bitcoin keep stable and raise up back to higher price before next month waiting break out more higher again, so far not any bad news about tariffs import release by United State and Chinese new year make bitcoin still stable. Can't predicting if suddenly US release bad news bitcoin easy get dump drastically, as usual as for breaking out bitcoin need several weeks but difference when dump position just needed few days only.