BTC is Drowning!

[TomPluz]

I agree with that, not ready don't go. Most people push too hard about profit but this is market, all risk should count. Like or not, wait until pass 30k is better for buy back, don't worry bitcoin can recover anytime but need time, be patient.

Bitcoin is now at the $32K level and if one entered the BTC market at 30K or even better at 29K then there is already some good profits available. Now, if one is into holding for the long-term then this can already be a good level to enter. We are all hoping that eventually Bitcoin can be stronger in the remaining days of July as we need on to August. However, we know that any level can a trap so we still have to be very careful.

[Freemind]

Bitcoin is now at the $32K level and if one entered the BTC market at 30K or even better at 29K then there is already some good profits available. Now, if one is into holding for the long-term then this can already be a good level to enter. We are all hoping that eventually Bitcoin can be stronger in the remaining days of July as we need on to August. However, we know that any level can a trap so we still have to be very careful.

Exactly, I agree with you. I'm not sure I can call or think that what we're seeing now at $32,000 is a (partial) recovery for Bitcoin and the rest of the market. Personally, I think it could be another jump from the dead cat that would cause short term investors to fall into a very dangerous trap, but the differences up and down are so small the danger is less, we will see what happens in a few hours.

[Seerge]

Bitcoin price will increase slowly, don't panic with the current decline. The thing to remember is that the price of Bitcoin has very high fluctuations, currently it is down maybe next month it will increase high. Remember, Cryptocurrency market demand is very high, while Bitcoin supply is limited. That's what makes me sure, Bitcoin prices will be very high in the future.

[xeroz]

Bitcoin price will increase slowly, don't panic with the current decline.

Sure. We don't need to be panic because Bitcoin really showed an increase today. The Bitcoin price even can increase above $34.5k today. This is a real sign to all Bitcoin holders that Bitcoin price still has a chance to grow again. What we need is to be patient since it is in a downfall phase. In Q4 of this year, we probably will see again Bitcoin price above $40k.

[Freemind]

Bitcoin price will increase slowly, don't panic with the current decline.

Sure. We don't need to be panic because Bitcoin really showed an increase today. The Bitcoin price even can increase above $34.5k today. This is a real sign to all Bitcoin holders that Bitcoin price still has a chance to grow again. What we need is to be patient since it is in a downfall phase. In Q4 of this year, we probably will see again Bitcoin price above $40k.

A few hours ago Bitcoin exceeded $34,500, but for very little. Now the question is if it could break that barrier or if on the contrary it would go down again. If we look at the global capitalization, I don't think it reaches $35,000 as a lot of money goes into Ethereum, although as we already know, nothing is really what it seems and at any moment things can change completely, that is why personally at this moment I prefer to observe without doing anything.

[mlawson71]

Me too. I think it is too undecided for now for me to be trading safely, so I am waiting and watching.