What happens now with this Bitcoin ?

[Master107]

We aren't blind to observe the market flow simultaneously. When there's pump, possible next step is dump. When there's dump, possible next step is pump. It's a matter of time and timing.

Do not panic.
Buy low, sell high.
Not a financial advice. DYOR

[XM8]

Bitcoin cryptocurrency has been in a bad position for a long time but now Bitcoin is in a fairly good position. Already the value of bitcoins has exceeded $40k. But I think the value of bitcoin will increase further. Because the resistance of Bitcoin has already surpassed that of Bitcoin.

[Proton]

I've said this before, but I'll say it again. The crypto market will move sideways for a while since we're in a consolidation phase. Bitcoin and alts will see small pops, but the overall sentiment is the same. BTC must form a proper bottom before a sustained move upwards.

[CryptoStar19]

I've said this before, but I'll say it again. The crypto market will move sideways for a while since we're in a consolidation phase. Bitcoin and alts will see small pops, but the overall sentiment is the same. BTC must form a proper bottom before a sustained move upwards.

Agreed. Moving sideways for a while isn't necessarily a bad thing either... consolidating at these levels for some time means a stronger bull run when and if it occurs.

[debra]

It will depend on who you are and how you are using yuour Bitcoin. We all know that BTC right now is still difficult to rise up more than $40k. It is always around $35k, up and down not too signifcantly. It is like Bitcoin is being sideways currently. Hopefully the market will be better soon

[shadowdio]

Well this is the nature of cryptocurrency, there is up and down the price you know.. Not all the time that bitcoin will stay at high price because of course the investors will sell their bitcoin if they gained profit.

[CryptoStar19]

Bitcoin is a play for the super long-term, i.e. years, and in that time-frame it's a sure bet. Zoom out on the btc charts and what has happened before will come to pass again in the years to come. There will be some diminishing returns on the ROI however but the trend can be expected to be roughly the same.

[smrityirany]

Now a days the  crypto currency market is fluctuating and price of bitcoin is also  fluctuating . Before few month the price of bitcoin was very high. Its went up to $62 k but it has been decreased very much . Now the price of bitcoin is fluctuating from $30k to $36k. The crypto currency market is uncertain. Nothing can be predicted firmly but I think the price of bitcoin will be risen up more.

[Stuart]

With the view of the market and the reaction/behaviour of bitcoin in the market, when the price surges to a new ATH, when it starts to go on the down trend or correction of price, it affects the market and we hold on to some news that comes in to the system. This same thing goes true in the uptrend move.
Now, looking at the term of hacking the bitcoin network, its possible because the internet is not 100% secured, but it will take time before the big hack is made successful, and it is also said that the quantum computer is and will pose a treat to the crypto/bitcoin network. Will we say the FBI is now using it already? On the other hand, the bitcoin network has not really affected anything physically, rather making way for those with low income to have an alternate stream of income with the leisure time.

[zilzylian]

Every coin that has reached a new ATH will definitely experience a price drop, this happens normally and Bitcoin price fluctuations happen all the time.
There is good news and negative news that can increase the price of a coin, this is normal, I think when technology adoption is ready and some countries start implementing blockchain, then Bitcoin and altcoin prices will increase, we are no longer waiting for the Halving to see new ATH . keep your crypto asset and don't sell it if you are sure about the choice.

[Dora Walletinvestor]

Nothing happens to Bitcoin because Bitcoin is always there who creates bad news and good news, so as usual Bitcoin will go up and down in price, just like what happened in the picture above if the FBI created bad news if the FBI knew exactly what it was. the name traces the Private Key.
But when it comes to Bitcoin security to solve something very difficult it takes quite a long time and that's where Bitcoin has a strong price from a security system that is difficult to hack.

Well said. The recent news have been generating a lot of FUD, but I don't think this means Bitcoin won't continue to thrive in the future.

[Giangphuong8489]

I have been watching the Bitcoin price for over a month, and I have not seen any clear signal for a large volatility to leave the 30K-40K zone. Currently onchain indicators show that we will soon see growth again in Bitcoin and the whole market: whales have collected a lot of BTC, many BTC left the exchange…

[mlawson71]

Bitcoin formed a rally for a long time, now the correction will likely last even longer. I don't expect a new rally anytime soon.

[CryptoStar19]

Bitcoin formed a rally for a long time, now the correction will likely last even longer. I don't expect a new rally anytime soon.

I am cherishing the hope that by mid-late July we might see the beginnings of a renewed rally. Of course it's all speculation on my part. We will have to wait and see.

[xeroz]

If you are just panicking because of the FUD and also the down market, better to rearrange your plans in the crypto market. This Bitcoin price cannot rise up significantly again because this is not the right time. Although I also don't know when it will be, I am pretty sure that the end of this year will be a good point, at least at the Q4 of this year