Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Abubakar56 on June 08, 2021, 10:01:01 PM
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Currently bitcoin have been dumping and have been dumping and have been thinking about what is causing the dump, is there anybody that can help on why bitcoin is dumping and what price range should we be expecting bitcoin in the next few weeks.
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This is because people are in a situation that they are not understanding what should they do. Different people are doing different things some afe buying and some are selling. The whole market is in very volatile situation. Just follow the news and trend but dont follow fake news.
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Currently bitcoin have been dumping and have been dumping and have been thinking about what is causing the dump, is there anybody that can help on why bitcoin is dumping and what price range should we be expecting bitcoin in the next few weeks.
Your prediction are not clear actually .Ups and down is the normal behave of the market .Usually we got a good uptrend after a huge down fall so that we can hope a good uptrend soon .the price is stable around 35k$ and has a great chance to move from here .So that we need to hold our valuable asset .
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This is the start of a severe dump, in the near future, I'm sure BTC will hit a price of around $20k, believe it or not, we'll just have to wait, I'm just predicting from previous experience
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The price of Bitcoin Dump only briefly, and after that the price has gone up again. Bitcoin price changes are very fast, sometimes it can make us experience big losses if we panic easily. But also this event can produce great profits, if we are calm and dare to make decisions.
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I think it is normal matter for Bitcoin. Because Bitcoin is a cryptocurrency. Some times its price will pump and some times it will dump. Few months ago bitcoin price was $16k-$18k. But now it’s price $37k and i think Bitcoin price will pump within short time. I strongly believe Bitcoin price will hit $100k within this year.
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When the cryptocurrency market is very volatile. If the price of Bitcoin goes down then don't be frustrated. Because Bitcoin currently has the lowest resistance zone at $30k. Because here is the buy order of whale. I think it’s great. But it will return to the previous market very soon. That means there is a possibility of making a new record after some time. Because the biggest investors in the world are being able to invest on Bitcoin.
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When the cryptocurrency market is very volatile. If the price of Bitcoin goes down then don't be frustrated.
We really need to be more calm in dealing with situations like this. If we want to save our assets, then we should have sold the coin yesterday, but if we didn't have time to sell it then we should just hold it. Don't panic and sell coins at a low price.
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Just think the starting price of bitcoin. Finally it has reached 64k. Justify the whole journey from star to end. It has come from the starting point to present through ups and downs of the price. Present dumping of the Bitcoin market is a general market situation. Though some other causes are present. But it is not the permanent dumping. Don't be fear. Don't sell now. Just hold and wait. You can buy now deeply. It will recover soon and you will have a great opportunity to make a large profit.
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The price of all coins is now declining cryptocurrency tokens and investors are widespread. But the price of all coins is being heavily dumped. Bitcoin is being dumped twice as much as the price was increased.