be careful bitcoin seems go down

[cheezcarls]

I don’t mind if BTC is going down, as I didn’t have any of them yet. Right now it’s at $42k and likely may go down even further. It’s my perfect opportunity to buy at a lower price when it starts consolidating for a long while, but again the market is unpredictable and we do not know where it will head next.

[masterrex]

And it happens now after a month, the Market is red, and Bitcoin price decline to the lowest level in a couple of months Actually, not just Bitcoin but the entire crypto market has experienced the same trend the Bearish season is really here that's why braced yourselves, everyone, the uncertainty has already affecting the entire market.

[Jaephoenix]

I still think bitcoin is a good buy irrespective of market conditions and sentiments. It she alpha crypto for crying out loud. I would gladly wait for it to drop more and buy the dip

[raisajahan]

I really think so that the price of bitcoin is gradually decreasing for that reason the whole market is gradually decreasing. So need to attention all trader and investors who work and invest in the crypto sectors. Otherwise everyone will face a bad situation in the market for that reason try to adopt with bitcoin price.

[Noverteno]

Well, it is likely that market prices will continue to fall further and it is possible that Bitcoin could drop to the projected $ 33,000. Basically, the cryptocurrency market had no obvious reason to fall. In this case, we are accustomed to blaming the collusion of whales for the fall, which periodically arrange such a fall before a large increase, so that weak hands in a panic begin to sell cryptocurrency at a loss, as well as to buy at low prices. Maybe it is. In any case, it is not worth selling your potential cryptocurrency during this period. If you have free money, it’s even better to buy. There will be a large growth of cryptocurrency all the same.

[Jamal Aezaz]

Bitcoin along with all alts are down. probably the Fed minutes. Some think it's the Kazakh situation since 13% of mining is there, but all risk-on assets took a hit yesterday after the Fed said rate hikes start in March and tapering has to be a bit more aggressive.

[gunhell16]

be careful bitcoin new monthly candle seems to go down to  50000  or to broken weekly trend at 46000

Does your thoughts is accurate base in the chart you gave it here? I doubt it, you just said this based on your understanding
and experienced in doing trade in Bitcoin, Besides, there are a lot of traders gave a prediction but failed in the end. So. dumping the price value of bitcoin now is not new to me, and besides I know it can recover it again.

[MaMooN]

be careful bitcoin new monthly candle seems to go down to  50000  or to broken weekly trend at 46000

Does your thoughts is accurate base in the chart you gave it here? I doubt it, you just said this based on your understanding
and experienced in doing trade in Bitcoin, Besides, there are a lot of traders gave a prediction but failed in the end. So. dumping the price value of bitcoin now is not new to me, and besides I know it can recover it again.

you are right , this chart was simple

i used technical analysis like

1- supports and resistances ( daily and weekly chart)

2- trends ( daily and weekly chart)

3- moving average ( 50  -  100 - 200 ) and how far the price from movings ( daily and weekly chart)

4- bollinger band ( daily and weekly chart)

these charts as examples









regards     

[MaMooN]

Bitcoin along with all alts are down. probably the Fed minutes. Some think it's the Kazakh situation since 13% of mining is there, but all risk-on assets took a hit yesterday after the Fed said rate hikes start in March and tapering has to be a bit more aggressive.

this seems one of reasons

after the Fed said rate hikes start in March and tapering has to be a bit more aggressive.

[Linda78]

Everyone is frustrated with the current rate at which Bitcoin is being dumped. That is why we must not lose patience. It is normal for the market to be pumping once and dumping once. Moreover No one can say what happens in cryptocurrency. But hopefully there will be a recovery soon.

[Afony]

Now you need not rush to invest your funds in cryptocurrency, you need to see where the market is heading. if it continues to grow further, then the market is simply restored.

[Beattysuhita]

Now you need not rush to invest your funds in cryptocurrency, you need to see where the market is heading. if it continues to grow further, then the market is simply restored.

Market conditions like this are the right time to increase the number of Crypto coins we have, there is no need to be afraid or hesitate. 
The price of Bitcoin is currently going down, but remember the price of Bitcoin has very high fluctuations. 
Now it's down, maybe next week it will go up to the moon who knows.  Feel free to buy, but with a definite note buy good coins and with cold money

[MaMooN]

In brief , reasons behind bitcoin down trend

1-  Kazakh situation

2- Fed said rate hikes start in March and tapering has to be a bit more aggressive.

3- broke support at 45500

[gurunanakji777]

Right now the market is around $42K and it seems it will break the $40K level also. Yes, you are right and the whole market is free-fall even I don't like to look at the market it is not stopping yet. So far no stability in the market and the fear factor is quite high at the moment so investors or traders are afraid to buy even in the dip because most of them think it can drop further. Current charts are not showing any recovering moves.

[Doctor]

Right now the market is around $42K and it seems it will break the $40K level also. Yes, you are right and the whole market is free-fall even I don't like to look at the market it is not stopping yet. So far no stability in the market and the fear factor is quite high at the moment so investors or traders are afraid to buy even in the dip because most of them think it can drop further. Current charts are not showing any recovering moves.

Agree , I think Bitcoin price will go down until 40K USD, It's the right time to buy several potential coins.
Always believe bitcoin and altcoin will recover again.