Bitcoin is now $70k plus.

[Ultegra134]

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.

The lowest it has gone these past few weeks is approximately $64,000. The reoccurring trend of ranging between $65,000 and $70,000 is making me confident that it's going to fall even further. I don't believe we're going to see any sort of "major" improvement in terms of value, such as returning back to $85,000 or $90,000 price levels. This looks like the "official" entry point in the bear market, following the 4-year cycles that we've already observed multiple times in the past.

[Accardo]

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.

It's just less than 13 days for the month to be over, Bitcoin wouldn't go that hard immediately. On a realistic expectance, the run could be extended down to the first few weeks of next month, to hit the 90k mark, for now, Bitcoin has to resist from a faltering price rate, before shooting again.

[suhadi88]

It's just less than 13 days for the month to be over, Bitcoin wouldn't go that hard immediately. On a realistic expectance, the run could be extended down to the first few weeks of next month, to hit the 90k mark, for now, Bitcoin has to resist from a faltering price rate, before shooting again.

It's appropriate, and the upward movement won't be significant. Selling pressure still exists due to speculators, but that's normal. When the time comes to rise, BTC will rise, even though they're still trying to suppress selling pressure.

I think the pattern is the same as previous corrections, where retailers were forced to sell their holdings cheaply. If they get caught, that's how it is. They'll feel regret when BTC recovers.

[Accardo]

It's appropriate, and the upward movement won't be significant. Selling pressure still exists due to speculators, but that's normal. When the time comes to rise, BTC will rise, even though they're still trying to suppress selling pressure.

I think the pattern is the same as previous corrections, where retailers were forced to sell their holdings cheaply. If they get caught, that's how it is. They'll feel regret when BTC recovers.

The selling pressures ends in regrets or tears for retailers who couldn't hold for sometime, although the need to sell comes out of personal responsibilities and btc happen to be in a bad shape, most seller would find it even better to sell at a loss to balance for their actual real life challenges. Unfortunately the regret follows them wherever they go to when the price of Bitcoin get to do better again. I don't think retailers are forced to sell, they choose to do so, because they're scared of losing so much money in the volatile market.

[DiMarxist]

Anyone that purchased bitcoin at the rate of $90+k and $100+k will never sell his bitcoin below that rate and they have to keep it until the price surpassed their purchase amount. And as long f now the price is $68+k and it is still coming down again. There was a time in this month that the price come down to $64k and rise again to 70k. The estimated rate of this bear market is $50+k and from April the real bear market will be actualized.

[bitgolden]

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.

That was a temporary thing that bounced for some moment but we have been under 70k right now and not only that but I do not think that we are going to end up remaining under that for a very long time as well.

We just need to make sure that we can handle this as best as we can and that will not be a bad situation for any of us, we are going to get the best out of this as much as we hope we can. Just realize that price will continue to be stagnant for time being and usually the range bounded market will lead to bullish trend. So, making use of current dip at small level may help.

[leonair]

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

Since there is an opportunity to buy Bitcoin at almost half the price of ATH, it would not be bad to invest in Bitcoin now. The price of Bitcoin does not seem to be able to fall much from this price. So it seems better to hold Bitcoin instead of buying and selling it from now on. And for those who invest according to DCA, now is the perfect time to invest in Bitcoin. Because if you do DCA, even if the price of Bitcoin drops by 50% from the current price, the average purchase price will be set at a standard price. So, without wasting time, you should start buying Bitcoin now if you have a long-term investment plan.

[7juju]

Anyone that purchased bitcoin at the rate of $90+k and $100+k will never sell his bitcoin below that rate and they have to keep it until the price surpassed their purchase amount. And as long f now the price is $68+k and it is still coming down again. There was a time in this month that the price come down to $64k and rise again to 70k. The estimated rate of this bear market is $50+k and from April the real bear market will be actualized.

Don't be surprised when you see bitcoin below $50 or $40k. This is bitcoin bear season we are talking about. The bear season haven't gotten anywhere and bitcoin has already touched $64k. So when the core bear season will strike believe be bitcoin will get below $50k. Same way Bitcoin keeps pumping in bull seasons that's also how hard it drops in full blown bear season. But for those who has witnessed several bears season will know that this is an opportunity to accumulate wealth, and not something to worry about.

[ScamViruS]

Anyone that purchased bitcoin at the rate of $90+k and $100+k will never sell his bitcoin below that rate and they have to keep it until the price surpassed their purchase amount. And as long f now the price is $68+k and it is still coming down again. There was a time in this month that the price come down to $64k and rise again to 70k. The estimated rate of this bear market is $50+k and from April the real bear market will be actualized.

When the market was at 90k, many expected Bitcoin to quickly reach a new ATH, and that's why many bought more Bitcoin before it was too late. But the market did not stay at that level, it is currently trading below 70k and there is definitely a possibility of going down further, which we will see in the coming days. Yes, it is true that those who bought Bitcoin above the 85k level will not want to sell their Bitcoin at a loss now until the market recovers, as they are already at a loss. If the real brutality of the bear market begins, which takes Bitcoin below 50k, it will definitely create a difficult situation for those investors from which they will not have an option to get out. So now we have to wait patiently considering the market situation, because the market will recover, it may just take some time.

[Orpichukwu]

Anyone that purchased bitcoin at the rate of $90+k and $100+k will never sell his bitcoin below that rate and they have to keep it until the price surpassed their purchase amount. And as long f now the price is $68+k and it is still coming down again.

Don't say nobody will sell who bought at that price; if a survey of those who purchased Bitcoin at its highest price is being conducted, you will see that some have sold theirs below the price they bought. Not everyone is patient enough, and not even all who bought Bitcoin have the mind to withstand dips; all they care about is how to save their capital, not for it to go below what they are seeing.

[As-Soon-As]

Anyone that purchased bitcoin at the rate of $90+k and $100+k will never sell his bitcoin below that rate and they have to keep it until the price surpassed their purchase amount. And as long f now the price is $68+k and it is still coming down again. There was a time in this month that the price come down to $64k and rise again to 70k. The estimated rate of this bear market is $50+k and from April the real bear market will be actualized.

The price of Bitcoin has been corrected considerably, in the current situation, those who bought Bitcoin and are stuck in losses will never sell Bitcoin at a loss. Especially those who bought Bitcoin below $100k are now patiently holding Bitcoin, but not everyone can bear the loss, so some Bitcoin investors who do not like to take risks with a weak mentality will sell all their investments and Bitcoin. The current situation must be accepted because after being patient, the price of Bitcoin will definitely increase.

[Bitcoin_people]

We know that those who invest in Bitcoin always have faith and trust in Bitcoin and then invest. And only those who are patient and self-controlled can invest in Bitcoin for a long time. Their emotions are low. We know that when the price of Bitcoin entered its highest height, many investors still bought it, but now the price of Bitcoin has decreased a lot, but people are still buying Bitcoin. Those who bought Bitcoin from a high position were not disappointed at all, rather they were patient, trusted the market and believed that the price of Bitcoin will go up again. Currently, the price of Bitcoin is below $70k, so those who bought from the high are still in a lot of loss. So if we believe in Bitcoin, we will get a high return from here in the future, according to the Bitcoin cycle, we have seen that the price of Bitcoin enters a much higher height when the bull season starts. And those who invest can achieve that reward only through prolonged planning and patience.

[michellee]

Many people still believe in Bitcoin even the price has fallen to $70k or lower than that. They already seen that before. They will not sell at down but they will still accumulate more and waiting for the price increases.

But we can't blame those who sells Bitcoin because they can't hodl strong their Bitcoin because they panic and afraid if Bitcoin will drops too far and difficult to raise. If they can calm down and learning the history, they will see the drops is temporary and will increases.

[CryptoYar]

[...]

It is difficult to blame people panicking because our brains are made in such way that pain of losing money is twice as strong when compared to happiness of making it, and many people do not remember that such huge drops happened in past when Bitcoin was getting close to new highs.
At present, large groups are remaining calm and with buy blocks of $68,000 and actual Realized Price of 62,500 serving as safety floor, entire growth market is being kept alive.
This panic is, in fact, important step of growth where experienced buyers are able to gather larger amounts ahead of 2028 supply cut, and so, should sellers be able to remain calm and look at longterm history, they would realize that Bitcoin is merely taking breath before its next major move.

[Zanab247]

It is only newbies that will be panicking that BTC price will not going to pump again, because that is their first time experiencing the dumping and it will be hard for the newbies to believe those that have been experiencing dump and pump that BTC will still going to break into another ATH. If you are still hodling the BTC you bought when the price was $100k you shouldn't have anything to worry, because this is the sign of bear run that will allow other investors to continue buying BTC and hodl for like 3 or 5 years before they can be move to visit the market to know what to do at the moment.

The price of BTC just hit back $70k few hours ago which there are still some sign in the market that the price will still dump more to allow people to buy in another low price that will make some feel the bear market has occur for people to buy in the low.

[sana54210]

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.

It's just less than 13 days for the month to be over, Bitcoin wouldn't go that hard immediately. On a realistic expectance, the run could be extended down to the first few weeks of next month, to hit the 90k mark, for now, Bitcoin has to resist from a faltering price rate, before shooting again.

Even it's true that it takes time to go lower or higher, you forget about the past and just accumulating phase. It means, it does nothing for like weeks, and then one day you wake up and its very much low, or high. So this period we could be waiting and then one day in February it will crash hard, that could very well happen.

It's great that we hit 70k and that was a good recovery but that doesn't mean that another crash won't happen, and knowing bitcoin all too well, I can say that this recovery is not really permeant and will go up even more, I think it's clear that we are going to end up seeing it go down once more. This is why I would wait and if you can wait some more then we will drop further in this month.