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Author Topic: Bitcoin bearish season starts  (Read 3946 times)

Offline Master107

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Re: Bitcoin bearish season starts
« Reply #15 on: April 23, 2021, 02:37:50 AM »
Good if the price could drop to $20k, I think a lot of people will be prepared to take bitcoin if the price drops to $20k... but my opinion might drop to $30k- $40k... judging by the enthusiasm of the people who want to buy bitcoin, the price might be stable...

If Bitcoin drop to $20K, let us not forget those people who bought at $40k, $50k, $60k or even $35k. How I wish those of you who are predicted Btc drop to 35k or $20k will consider those people who bought at the peak.

Imagine you are the one who bought at high price, will you wish Btc to drop even just $35k?

Frustrating though. I know investing on Bitcoin is always risky. My concern here is don't easily predict drastic decline because what if there are someone here who bought Bitcoin at higher price. They might be shaken and sell and lose tremendously.

I think judging by the fact that Bitcoin on 2017-2018 is different from today's circumstances.

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Re: Bitcoin bearish season starts
« Reply #15 on: April 23, 2021, 02:37:50 AM »

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Offline Brithyislam

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Re: Bitcoin bearish season starts
« Reply #16 on: April 23, 2021, 03:28:39 AM »
 Cannot exactly say what will be the price of bitcoin after bearish market starts and crypto dumps. But i think that a vey big dump is very near to us and it is coming nearer day by day.

Offline Suma Islam

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Re: Bitcoin bearish season starts
« Reply #17 on: April 23, 2021, 04:18:48 AM »
The decrease in capitalization in recent days may be due to blackouts that occurred in an area of ​​China where there is a high Bitcoin hash rate and the tweet from someone who thinks they are smarter than others. Bitcoin bearish may happen if bitcoin will go bullish again and after hitting the new ATH then the bearish will start.

Offline Freemind

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Re: Bitcoin bearish season starts
« Reply #18 on: April 23, 2021, 12:06:19 PM »
Bearish season, crash, correction, each person will call what is happening in a different way taking into account their experience in crypto. I call it opportunity. Now it will cost less money to invest in coins/tokens that were very expensive a few days ago. That's my way of seeing things, you always have to keep moving forward no matter how the market is, that's how you win, and I'm not just talking about money.
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Offline nicecrypto

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Re: Bitcoin bearish season starts
« Reply #19 on: April 23, 2021, 02:51:48 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

I think which ever way it goes is still a good thing in this crypto trading though dont know how far Bitcoin will fall if this is really the beginning of the bear market but one thing is certain that monies can be made both ways if you just learn how to so you dont worry much about if Bitcoins price is falling or rising.

Offline Vx1

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Re: Bitcoin bearish season starts
« Reply #20 on: April 23, 2021, 03:24:27 PM »
Because the price of Bitcoin fell, the value of Crypto assets also decreased by almost 50%. This is because the price of the coins and tokens that I hold the price goes down due to the decline in the price of Bitcoin. Times like this are very risky, but who would dare to buy Bitcoin now and suddenly the Bitcoin price recovers, He will get a big profit.  Everyone has different thoughts, but I don't dare to take high risks.

Offline mlawson71

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Re: Bitcoin bearish season starts
« Reply #21 on: April 23, 2021, 03:41:59 PM »
Times like this are also an opportunity to buy once one is sure that the price has reached its bottom.

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Re: Bitcoin bearish season starts
« Reply #21 on: April 23, 2021, 03:41:59 PM »


Offline bitbit97

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Re: Bitcoin bearish season starts
« Reply #22 on: April 23, 2021, 04:43:23 PM »
Not quite sure it this is bearish season. Perhaps this drop is due to turkish exchange scam and overall cryptk ban in Turkey.
Or perhaps we were growing for too long, and now it is a correction.
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Offline Ferki

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Re: Bitcoin bearish season starts
« Reply #23 on: April 23, 2021, 08:39:35 PM »
Good if the price could drop to $20k, I think a lot of people will be prepared to take bitcoin if the price drops to $20k... but my opinion might drop to $30k- $40k... judging by the enthusiasm of the people who want to buy bitcoin, the price might be stable...

If Bitcoin drop to $20K, let us not forget those people who bought at $40k, $50k, $60k or even $35k. How I wish those of you who are predicted Btc drop to 35k or $20k will consider those people who bought at the peak.

Imagine you are the one who bought at high price, will you wish Btc to drop even just $35k?

Frustrating though. I know investing on Bitcoin is always risky. My concern here is don't easily predict drastic decline because what if there are someone here who bought Bitcoin at higher price. They might be shaken and sell and lose tremendously.

I think judging by the fact that Bitcoin on 2017-2018 is different from today's circumstances.

That reminds me of the discussion back then.

2016 1k Bitcoin is too expensive
2017 20k Bitcoin is too expensive
2021 30k Bitcoin is too expensive
2021 60k CRASH
2022 100k Bitcoin is too expensive
2025 500k Bitcoin is too expensive

Everyone deserves the price they bought it for

Offline rizqillah

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Re: Bitcoin bearish season starts
« Reply #24 on: April 23, 2021, 10:39:05 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

No, I don't think bitcoin bearish starts now. It's just correction..We will see several correction at this year, So I think the bearish will happen at the end of this year. That's my prediction, maybe other members have own prediction.
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Offline Ghozrd

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Re: Bitcoin bearish season starts
« Reply #25 on: April 23, 2021, 11:15:21 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

A drop Bitcoin price will always be waiting for everyone, even when the price drops below $50k, I saw within a few hours the price of BTC went back above $50k and if you were looking forward to $ 20k then it would be hard to happen, why? since the price of Bitcoin will drop by no more than 50%, there are whales and investors ready to buy if they see the price drop to $20k, so never wait and do some research whether that will happen.
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Offline sneakyboi

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Re: Bitcoin bearish season starts
« Reply #26 on: April 24, 2021, 10:23:59 AM »
In my own opinion, I think BTC is experiencing a little correction because of less buying pressure. That's why BTC price is going down, Nonetheless. BTC is still bullish. But if massive institution sell their coins. It will lead to a massive correction. I hope it will not happen. But for now, this dumping is the result of weak buying pressure.
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Re: Bitcoin bearish season starts
« Reply #27 on: April 24, 2021, 10:35:27 AM »
That reminds me of the discussion back then.

2016 1k Bitcoin is too expensive
2017 20k Bitcoin is too expensive
2021 30k Bitcoin is too expensive
2021 60k CRASH
2022 100k Bitcoin is too expensive
2025 500k Bitcoin is too expensive

Everyone deserves the price they bought it for

The post you just wrote should be pinned and on the main forum page. In this way, people would become aware of the excuses they gave themselves over the years for not buying Bitcoin and might regret knowing that they have missed the train, because sooner or later Bitcoin will be very expensive. What we should never do is forget our past mistakes.
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Offline nicecrypto

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Re: Bitcoin bearish season starts
« Reply #28 on: April 24, 2021, 03:22:14 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

No, I don't think bitcoin bearish starts now. It's just correction..We will see several correction at this year, So I think the bearish will happen at the end of this year. That's my prediction, maybe other members have own prediction.

I agree with you and I think so too that this correction will pass

I might not be a good analyst but from what I see here



The last time the RSI torched the 30 mark line was back in Sep. 2020 and after that it was upward trend and now the Bitcoin price has reached that point again and hoping that after now it will reverse upward in the nearest days. 

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Re: Bitcoin bearish season starts
« Reply #29 on: April 24, 2021, 05:37:46 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

No, Im not agree. I don't believe bitcoin will bearish at the few days. I see bitcoin is going strong again now. Don't underestimate about bitcoin progress. Bitcoin is very potential coin and will have bright future.

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