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Author Topic: doge coin is a very  (Read 24312 times)

Offline EthereumDev_

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Re: doge coin is a very
« Reply #90 on: May 03, 2024, 05:42:24 AM »

Agree, but when we discuss bitcoin and altcoins then the altcoin price movement should depend on the development of the project they have. If the product they develop then this altcoin will have the potential to no longer follow bitcoin price movements. Meme coins such as Doge, Shiba and Pepe of course still follow bitcoin price movements because so far they have not developed any products.
Bitcoin is the center of all altcoins, how could altcoins not follow the development of bitcoin. If we talk about good projects, there are many good projects but they are still affected by Bitcoin's performance in the market.
You are right that all altcoins will be affected by Bitcoin's performance. As we see currently the price of bitcoin fell to $58K making almost all the coins turn red in the market. Are we going to enter a bearish season or just a correction? Everyone is always watching and waiting for the bitcoin price to rise, including me
When the price collapses, we can use the future trading method and open a Short order, we will profit from the collapse of the bitcoin price. The bearish season has started from the first wave of the Bitcoin price collapse on April 13 2024 and made Bitcoin unable to increase its price again. Not many people are aware of this momentum.

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Re: doge coin is a very
« Reply #90 on: May 03, 2024, 05:42:24 AM »

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Offline DAMKAR

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Re: doge coin is a very
« Reply #91 on: May 03, 2024, 06:50:12 PM »

When the price collapses, we can use the future trading method and open a Short order, we will profit from the collapse of the bitcoin price. The bearish season has started from the first wave of the Bitcoin price collapse on April 13 2024 and made Bitcoin unable to increase its price again. Not many people are aware of this momentum.
There are those who think differently, this is just a correction, we are not entering a bearish season. they think bitcoin will experience a decline for some time before rising to a price higher than the previous ATH, I also think this is also a good analysis. We see that currently the price of bitcoin is rising again.

Offline TopT3ns

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Re: doge coin is a very
« Reply #92 on: May 04, 2024, 08:09:05 AM »

When the price collapses, we can use the future trading method and open a Short order, we will profit from the collapse of the bitcoin price. The bearish season has started from the first wave of the Bitcoin price collapse on April 13 2024 and made Bitcoin unable to increase its price again. Not many people are aware of this momentum.
There are those who think differently, this is just a correction, we are not entering a bearish season. they think bitcoin will experience a decline for some time before rising to a price higher than the previous ATH, I also think this is also a good analysis. We see that currently the price of bitcoin is rising again.
Luckily, currently market conditions are slowly recovering, it can be seen that the price of bitcoin is again increasing in price, if bitcoin is like this then it will usually have an influence on many altcoins. Hopefully the bearish season will still be quite long.

Offline Freemind

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Re: doge coin is a very
« Reply #93 on: May 04, 2024, 08:36:57 PM »
There are those who think differently, this is just a correction, we are not entering a bearish season. they think bitcoin will experience a decline for some time before rising to a price higher than the previous ATH, I also think this is also a good analysis. We see that currently the price of bitcoin is rising again.

After a rapid rise, a correction is inevitable, and not only that, it is positive for the market, but it does not always imply the beginning of a bear market. And even less at the current moment, where Bitcoin (and the entire market) is returning to previous values ​​from just a few weeks ago. In any case, and contrary to what some users think, I do not think that Bitcoin will reach a new ATH this year, the market is pending too many things (ETF, regulations...) and previous halvings have taught us many things.
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