I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.
Speculators share your insights about how the price movements will be from this point.
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.Today is an important day for crypto market, we have the results of the penalties for CZ and the accusations against Roger Ver. BTC price has also fluctuated strongly and has fallen below $60K. To be honest, I'm not surprised by this, I've been preparing for all scenarios as I've determined that BTC has broken out of the mini growth bubble that lasted for more than a year and entered a period of adjustment and re-accumulation.
Speculators share your insights about how the price movements will be from this point.
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.
Speculators share your insights about how the price movements will be from this point.
Thanks for all your comments, as expected the negative news about crypto market lead to this dump in price of Bitcoin and most of the altcoins too, at the moment it's hanging at 57K ish but with the rate I expect atleast go near 50K then we might start the actual bull run for the cycle 2025.
On the moment that the makret would really be having this kind of dip then you would really be seeing those different people or traders would be saying this and that which they were right with their predictions but actually this is something that cant really be known. Yes, we can be able to draw out when it comes to those technical indicators but doesnt mean that it will surely happen.Thanks for all your comments, as expected the negative news about crypto market lead to this dump in price of Bitcoin and most of the altcoins too, at the moment it's hanging at 57K ish but with the rate I expect atleast go near 50K then we might start the actual bull run for the cycle 2025.
from the chat, i saw some experienced traders pointed out price will dip to $43k support. can't believe the theory but i think this dip will just stop at $53k and will bounce to try breaking that 73k resistance again.
you can keep waiting for that $50k to happen, your lucky once it does. usually the resistance turns into a support just like that in 53k. you can expect sideways of price in this range before hitting that 50k else it will just bounce before it would even go below 52k.
~$50,000.
Speculators share your insights about how the price movements will be from this point.
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
Speculators share your insights about how the price movements will be from this point.
Luckily the $55k wall cannot be broken this month, maybe the lowest price is $57k, but when the $55k wall breaks then the price of bitcoin will fall to a very deep price, the bearish season is already visible so we just need to be careful when we want to trade . Many people hope that the price of bitcoin will rise higher and make a new ATH, but in reality many whales have left bitcoin and are waiting for bitcoin to drop again in market conditions.I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
Speculators share your insights about how the price movements will be from this point.
there are some that i come across in other forum says this will even fall to 52k before showing its force to make a bull run but I think I will wait for what will happen because I'm already holding my funds and my hopes are high this year.
We saw that bitcoin had dropped to $56K, but now the price of bitcoin has risen again. and this is very good for bitcoin lovers because if it reaches below $50K it is likely that we will enter a bearish season. Currently the price of Bitcoin is improving again, and hopefully this will be consistent until it reaches $70K again.Luckily the $55k wall cannot be broken this month, maybe the lowest price is $57k, but when the $55k wall breaks then the price of bitcoin will fall to a very deep price, the bearish season is already visible so we just need to be careful when we want to trade . Many people hope that the price of bitcoin will rise higher and make a new ATH, but in reality many whales have left bitcoin and are waiting for bitcoin to drop again in market conditions.I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
Speculators share your insights about how the price movements will be from this point.
there are some that i come across in other forum says this will even fall to 52k before showing its force to make a bull run but I think I will wait for what will happen because I'm already holding my funds and my hopes are high this year.
The price of bitcoin has improved again and reached $61K again. so bitcoin never fell below $50K. although we haven't seen what will happen after this, but looking at the confidence of many investors who say the price of bitcoin will reach more than $100K, I think we will see bitcoin reach a new ATH close to $100K.
We saw that bitcoin had dropped to $56K, but now the price of bitcoin has risen again. and this is very good for bitcoin lovers because if it reaches below $50K it is likely that we will enter a bearish season. Currently the price of Bitcoin is improving again, and hopefully this will be consistent until it reaches $70K again.
That's right, I have seen bitcoin starting to increase in price again and market conditions have recovered, I really hope that the price of bitcoin can rise like this every day so that the new ATH that you hope for at $100k can be achieved quickly.The price of bitcoin has improved again and reached $61K again. so bitcoin never fell below $50K. although we haven't seen what will happen after this, but looking at the confidence of many investors who say the price of bitcoin will reach more than $100K, I think we will see bitcoin reach a new ATH close to $100K.
We saw that bitcoin had dropped to $56K, but now the price of bitcoin has risen again. and this is very good for bitcoin lovers because if it reaches below $50K it is likely that we will enter a bearish season. Currently the price of Bitcoin is improving again, and hopefully this will be consistent until it reaches $70K again.
Everyone also hopes that bitcoin will soon reach $100K, so that we will soon see altcoin season, because I myself am still holding my altcoins and some are still trapped at prices below the purchase price. price is already approaching $62K, looks like it will hit $170K next week
That's right, I have seen bitcoin starting to increase in price again and market conditions have recovered, I really hope that the price of bitcoin can rise like this every day so that the new ATH that you hope for at $100k can be achieved quickly.
price is already approaching $62K, looks like it will hit $170K next week
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.
Speculators share your insights about how the price movements will be from this point.
but believe me that if we will look in the bright side once the price drops that hard to bellow 55k? it is our purchasing chance in adding to our holding because we knew that big bumping will come any time from this moment.Luckily the $55k wall cannot be broken this month, maybe the lowest price is $57k, but when the $55k wall breaks then the price of bitcoin will fall to a very deep price, the bearish season is already visible so we just need to be careful when we want to trade .I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
Speculators share your insights about how the price movements will be from this point.
there are some that i come across in other forum says this will even fall to 52k before showing its force to make a bull run but I think I will wait for what will happen because I'm already holding my funds and my hopes are high this year.
Many people hope that the price of bitcoin will rise higher and make a new ATH, but in reality many whales have left bitcoin and are waiting for bitcoin to drop again in market conditions.not sure if whales are waiting more to buy when the market dumps because this is the strong hold now and that is 60k in which our position for how long now .
Who knows if the price of bitcoin will contain this movement as it has been since the past one month, which is not reaching 70k, and go down to 60k,before we had this dip that took the price down to 56k. Or maybe the price of bitcoin will just continue pumping gradually. The price reached 65k this morning but right now it is at 63k.Everyone also hopes that bitcoin will soon reach $100K, so that we will soon see altcoin season, because I myself am still holding my altcoins and some are still trapped at prices below the purchase price. price is already approaching $62K, looks like it will hit $170K next week
That's right, I have seen bitcoin starting to increase in price again and market conditions have recovered, I really hope that the price of bitcoin can rise like this every day so that the new ATH that you hope for at $100k can be achieved quickly.
As long as there is no bad news attacking the market, Bitcoin will still have a high price, but when there is FUD attacking Bitcoin, whales will immediately lower the price of Bitcoin. Whales will take advantage of this bad news to bring down Bitcoin's price to a certain price.Who knows if the price of bitcoin will contain this movement as it has been since the past one month, which is not reaching 70k, and go down to 60k,before we had this dip that took the price down to 56k. Or maybe the price of bitcoin will just continue pumping gradually. The price reached 65k this morning but right now it is at 63k.Everyone also hopes that bitcoin will soon reach $100K, so that we will soon see altcoin season, because I myself am still holding my altcoins and some are still trapped at prices below the purchase price. price is already approaching $62K, looks like it will hit $170K next week
That's right, I have seen bitcoin starting to increase in price again and market conditions have recovered, I really hope that the price of bitcoin can rise like this every day so that the new ATH that you hope for at $100k can be achieved quickly.
Whales are not only looking for an opportunity to buy but also to sell. When they buy, they have to wait for a good news before they execute; it's also the same when they sell, they wait for a bad news to occur. In general, they consider the news as an opportunity because they know can make more money from it. Imagine, all investors can see the news so it can make positive or negative effect to individuals.As long as there is no bad news attacking the market, Bitcoin will still have a high price, but when there is FUD attacking Bitcoin, whales will immediately lower the price of Bitcoin. Whales will take advantage of this bad news to bring down Bitcoin's price to a certain price.Who knows if the price of bitcoin will contain this movement as it has been since the past one month, which is not reaching 70k, and go down to 60k,before we had this dip that took the price down to 56k. Or maybe the price of bitcoin will just continue pumping gradually. The price reached 65k this morning but right now it is at 63k.Everyone also hopes that bitcoin will soon reach $100K, so that we will soon see altcoin season, because I myself am still holding my altcoins and some are still trapped at prices below the purchase price. price is already approaching $62K, looks like it will hit $170K next week
That's right, I have seen bitcoin starting to increase in price again and market conditions have recovered, I really hope that the price of bitcoin can rise like this every day so that the new ATH that you hope for at $100k can be achieved quickly.
well it fell down t0 56k but recovered easily after few days and now look how strong it holds now above 60k and i think that we will be having the spike in the coming days .Luckily the $55k wall cannot be broken this month, maybe the lowest price is $57k, but when the $55k wall breaks then the price of bitcoin will fall to a very deep price, the bearish season is already visible so we just need to be careful when we want to trade . Many people hope that the price of bitcoin will rise higher and make a new ATH, but in reality many whales have left bitcoin and are waiting for bitcoin to drop again in market conditions.I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
Speculators share your insights about how the price movements will be from this point.
there are some that i come across in other forum says this will even fall to 52k before showing its force to make a bull run but I think I will wait for what will happen because I'm already holding my funds and my hopes are high this year.
well it fell down t0 56k but recovered easily after few days and now look how strong it holds now above 60k and i think that we will be having the spike in the coming days .
and hoping that 100k run will start in the coming months.
It did get broken once before, but not this time around, it looks like it has been strong today and will keep staying that way for a while. I think the most important part is to keep hopes up, because we could go up as well as down, so thinking about just down doesn't make any profit to you at all. I get that we are going to get some people who are always fearing what may happen, because most of the time it is a very big amount of money that matters to them, maybe their entire savings, so they are always scared. However, the reality is that price will be fine on the long term if we sit tight and wait for it.Already it has been said that one should invest in a long term goal so that he would not be worried the the fluctuations in bitcoin price, if it dips or pumps. The price of bitcoin for some days now is at the range of 60k-63k, and that is how it has been. So I will say that patience in our bitcoin investment is what matters more as history shows that after the halving the bull run will come in some months after the halving, and this is why we can still accumulate more bitcoin at this price level.
Investing for the long term, if we have free funds is the best choice. At the time of the halving, many hoped that the price of bitcoin would rise and exceed the previous ATH, but it turned out that bitcoin seemed to be struggling. but this time the market is improving again and the price of bitcoin has reached $66K, so it's better if we wait a few months. because I believe bitcoin will rise beyond $100KIt did get broken once before, but not this time around, it looks like it has been strong today and will keep staying that way for a while. I think the most important part is to keep hopes up, because we could go up as well as down, so thinking about just down doesn't make any profit to you at all. I get that we are going to get some people who are always fearing what may happen, because most of the time it is a very big amount of money that matters to them, maybe their entire savings, so they are always scared. However, the reality is that price will be fine on the long term if we sit tight and wait for it.Already it has been said that one should invest in a long term goal so that he would not be worried the the fluctuations in bitcoin price, if it dips or pumps. The price of bitcoin for some days now is at the range of 60k-63k, and that is how it has been. So I will say that patience in our bitcoin investment is what matters more as history shows that after the halving the bull run will come in some months after the halving, and this is why we can still accumulate more bitcoin at this price level.
Yea, of course a little patient is all we need for the price of bitcoin to reach $100k. A lot of us have being holding since the bear market in 2022 till date so waiting a little time should not be a big problem, because that is when we can sell and make good profit from your bitcoin investment when the price reaches 100k.it is better to wait than rushing.Investing for the long term, if we have free funds is the best choice. At the time of the halving, many hoped that the price of bitcoin would rise and exceed the previous ATH, but it turned out that bitcoin seemed to be struggling. but this time the market is improving again and the price of bitcoin has reached $66K, so it's better if we wait a few months. because I believe bitcoin will rise beyond $100KIt did get broken once before, but not this time around, it looks like it has been strong today and will keep staying that way for a while. I think the most important part is to keep hopes up, because we could go up as well as down, so thinking about just down doesn't make any profit to you at all. I get that we are going to get some people who are always fearing what may happen, because most of the time it is a very big amount of money that matters to them, maybe their entire savings, so they are always scared. However, the reality is that price will be fine on the long term if we sit tight and wait for it.Already it has been said that one should invest in a long term goal so that he would not be worried the the fluctuations in bitcoin price, if it dips or pumps. The price of bitcoin for some days now is at the range of 60k-63k, and that is how it has been. So I will say that patience in our bitcoin investment is what matters more as history shows that after the halving the bull run will come in some months after the halving, and this is why we can still accumulate more bitcoin at this price level.
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.I think gradually we are going to $60k -$61k. Today we sae fully Red candle most of currency. I think market will pump again but before pumping it will xome $60k again.
Speculators share your insights about how the price movements will be from this point.
Yea, of course a little patient is all we need for the price of bitcoin to reach $100k. A lot of us have being holding since the bear market in 2022 till date so waiting a little time should not be a big problem, because that is when we can sell and make good profit from your bitcoin investment when the price reaches 100k.it is better to wait than rushing.Indeed. We must be patient because it won't be easy to achieve $100k. Sure, it shouldn't be so hard to wait for few months if it really can cross $100k. However, there is no guarantee that $100k can be successfully achieved in the current bullrun season. I think we must have some plans, don't only set a single target of $100k to take profits! I personally will begin to take profits when the price can be above $80k. And I maybe plan to sell a half of my Bitcoin if the price of Bitcoin is close to $100k. ;)
I think gradually we are going to $60k -$61k. Today we sae fully Red candle most of currency. I think market will pump again but before pumping it will xome $60k again.How do you know this?
My prediction Bitcoin price will go up but at first it will down then last of this year bitcoin will pump hard and it will touch at list $100k within this year. I strongly believe bitcoin price will go near about $150k within 2025.When you predicted it will be pumped hard?
When you predicted it will be pumped hard?Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
If I still believe bitcoin will break $100K, there's no need to wait another 4 years for it to go higher. Let's just see at the end of this year, if bitcoin is above $ 80K, there is no doubt that early next year the price of bitcoin will reach $ 100K. Even though bitcoin currently seems to be having difficulty breaking through its ATH, I am sure bitcoin can exceed the ATH this month. Lets see.When you predicted it will be pumped hard?Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
I think too huge expected with bitcoin will raise to higher price because get difficult with many bad news every side will make bitcoin not easy up to $100k.
If I still believe bitcoin will break $100K, there's no need to wait another 4 years for it to go higher. Let's just see at the end of this year, if bitcoin is above $ 80K, there is no doubt that early next year the price of bitcoin will reach $ 100K. Even though bitcoin currently seems to be having difficulty breaking through its ATH, I am sure bitcoin can exceed the ATH this month. Lets see.When you predicted it will be pumped hard?Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
I think too huge expected with bitcoin will raise to higher price because get difficult with many bad news every side will make bitcoin not easy up to $100k.
100k is too attractive a price. And in trading, traders really like attractive numbers. I think a long time ago people dreamed of seeing Bitcoin at $1,000, because this number sounds great. And 100k sounds better than 10k, so sooner or later the price of Bitcoin will definitely reach this value.Its not wrong with dreaming bitcoin will reach $100k but take long term because bitcoin have been five months since reached new ATH never success break out higher price and stuck under $70k. In my opinion, taking around one or two years later with bitcoin opportunity reach the dreaming price by many people up $100k because many bad news every day and FUD easily make holder panic for selling their bitcoin.
100k is too attractive a price. And in trading, traders really like attractive numbers. I think a long time ago people dreamed of seeing Bitcoin at $1,000, because this number sounds great. And 100k sounds better than 10k, so sooner or later the price of Bitcoin will definitely reach this value.Its not wrong with dreaming bitcoin will reach $100k but take long term because bitcoin have been five months since reached new ATH never success break out higher price and stuck under $70k. In my opinion, taking around one or two years later with bitcoin opportunity reach the dreaming price by many people up $100k because many bad news every day and FUD easily make holder panic for selling their bitcoin.
Keep hold if you want see bitcoin reach higher price and for investors never get panic to sell bitcoin assets when facing bad news or FUD.
I think the best thing to do right now would be just considering on that ATH resistance, because whenever we try to go over that, whenever we reach near or a bit over 70k, the price keeps getting dumped. So we need to figure that part out, otherwise the lower levels are easy and can be broken very quickly as we can see here.i think some positive news will push bitcoin forward to break the ath once again and then we are go from there on
I also have the same thought, the highest level of bitcoin will be achieved at the end of this year and now we will see several corrections from bitcoin which will cause the price of altcoins to fall. stay calm and always monitor the market and if you still have USD you should buy potential coins to add to our coin collection.I think the best thing to do right now would be just considering on that ATH resistance, because whenever we try to go over that, whenever we reach near or a bit over 70k, the price keeps getting dumped. So we need to figure that part out, otherwise the lower levels are easy and can be broken very quickly as we can see here.i think some positive news will push bitcoin forward to break the ath once again and then we are go from there on
i am not really that worried though because everyone did speculate that a new ath may come later in on the year some said maybe september while some a little later so i am just going to be patient and happily hold my coins for the time being
I also have the same thought, the highest level of bitcoin will be achieved at the end of this year and now we will see several corrections from bitcoin which will cause the price of altcoins to fall. stay calm and always monitor the market and if you still have USD you should buy potential coins to add to our coin collection.Many people believe this, they think another ATH of Bitcoin may be achieved at Q4 of this year. It should be after the issue of MT Gox, the MT Gox creditors may dump the market first before a new ATH. It is because they have big number of Bitcoin, they can easily dump the market nowadays. It is not very surprising if we have some corrections or dumps, there are many bad news spreading now. Yes, we don't panic and must calm, this won't last forever. October - December looks like to be the green market again, now we just need to wait for patiently.
Well, today the price approached 60k, and again people began to buy Bitcoin powerfully at this local bottom, which we have reached already 3 times in these six months. Did the breakthrough below 60k last time not affect the end of this summer trend at all? Honestly, this drama with the price in the corridor has become interesting. What's next?Since the price of bitcoin has dropped to $61K currently, it is best to immediately buy bitcoin and other potential coins. I don't know what the next drama will be, I just hope I can make a profit from the coins I already hold. And hope that as soon as possible the price of bitcoin will rise again so that you can make a profit as soon as possible.
Well, today the price approached 60k, and again people began to buy Bitcoin powerfully at this local bottom, which we have reached already 3 times in these six months. Did the breakthrough below 60k last time not affect the end of this summer trend at all? Honestly, this drama with the price in the corridor has become interesting. What's next?Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.
Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Is that okay now?
Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Kindly check CoinMarketCap, you will see the lowest price today is $59,836. I guess there will be lower price if Bitcoin can drop below $60k. It is difficult to expect Bitcoin to survive at $60k, it must drop lower. But let's hope the price won't drop lower than $55k, it may affect a longer down trend.
Bad news from war invasion and many drama happening recently I think the recovery moment still waiting more longer time and bitcoin potential break out ATH need around several months later. Don't be tired waiting bitcoin recovery and take great opportunity during lower price to buy back as many possible.I don't really believe in the impact of the war into Bitcoin price. It is not the first time of the war, we have many wars. The impact will never be a long time, it is just for temporary. I think there is a manipulation of a group whales, or it may the impacts of selling bug numbers of Bitcoin by MT Gox creditors (not sure). Well, we have too many FUDs now!! Just be patient to wait for these FUDs ends.
I also experienced the same fate as you, I had set a high target of more than $70K, but it turned out that the market experienced a fairly deep decline. Maybe we should learn again to analyze the crypto market so that we don't miss out on buying again when the market experiences a sharp correction. This is quite disappointing for me, but be patient, the opportunity will come again in the next few weeks.Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Is that okay now?
Because previously, it was really broken below $60k, well at least it managed to reach $59,836. Maybe it won't be too crazy until this weekend ends. Just have to be patient until we see how the next few days go. For the future market and taking a Long position, for now it is still quite risky. However, hopefully this will get much better because at least for now, the position is quite stagnant at $60,466.
https://coinmarketcap.com/currencies/bitcoin/
What I really regret is that I really set the target too high at that time to break $ 70k, so I didn't succeed in TP earlier. If I hadn't set it too high, at least I could have accumulated again at the current number. Yep, regret always comes last.
Most of us had almost the same idea that the market might overcome 70K but that didn't happen instead the market itself went down a lot from the position. Many investors like me are now tired of seeing the market behave like this. I no longer worry about my investments. I feel that I have lost my investment. Now I have no more cost with that investment. I believe in short term there may not be high returns but in long term it will definitely be able to give significant returns.I also experienced the same fate as you, I had set a high target of more than $70K, but it turned out that the market experienced a fairly deep decline. Maybe we should learn again to analyze the crypto market so that we don't miss out on buying again when the market experiences a sharp correction. This is quite disappointing for me, but be patient, the opportunity will come again in the next few weeks.Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Is that okay now?
Because previously, it was really broken below $60k, well at least it managed to reach $59,836. Maybe it won't be too crazy until this weekend ends. Just have to be patient until we see how the next few days go. For the future market and taking a Long position, for now it is still quite risky. However, hopefully this will get much better because at least for now, the position is quite stagnant at $60,466.
https://coinmarketcap.com/currencies/bitcoin/
What I really regret is that I really set the target too high at that time to break $ 70k, so I didn't succeed in TP earlier. If I hadn't set it too high, at least I could have accumulated again at the current number. Yep, regret always comes last.
Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Kindly check CoinMarketCap, you will see the lowest price today is $59,836. I guess there will be lower price if Bitcoin can drop below $60k. It is difficult to expect Bitcoin to survive at $60k, it must drop lower. But let's hope the price won't drop lower than $55k, it may affect a longer down trend.
Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Kindly check CoinMarketCap, you will see the lowest price today is $59,836. I guess there will be lower price if Bitcoin can drop below $60k. It is difficult to expect Bitcoin to survive at $60k, it must drop lower. But let's hope the price won't drop lower than $55k, it may affect a longer down trend.
And two days later is $49,121!
It is not even a downtrend this is a genuine crash, just as the stock market is experiencing.
So unless the situation on the markets turns green again and the bad news from income and sales of all companies across China and the US stops, Bitcoin won't retrace either, I've seen that before, everything is now in red, stocks, commodities.
To get a picture of it, we have a possible escalation in the Middle East and despite that oil is down 8% on the week.
And two days later is $49,121!True. ;)
It is not even a downtrend this is a genuine crash, just as the stock market is experiencing.Yep, we are in the bullish season but no doubt it is a downtrend. Whether is a genuine crash or a manipulation, we are experiencing huge crash. No one imagines the price will drop below $50k after it reached $73k as a new ATH in few months ago. However, the drop is real, we really experienced it few weeks ago. Sure, there are many factors, mostly related to economic situation and political issues. But this may end soon, I guess we are heading good news in the end of this year.
So unless the situation on the markets turns green again and the bad news from income and sales of all companies across China and the US stops, Bitcoin won't retrace either, I've seen that before, everything is now in red, stocks, commodities.
To get a picture of it, we have a possible escalation in the Middle East and despite that oil is down 8% on the week.
I think this is just a correction, not a collapse in bitcoin and altcoin prices. Currently we are also seeing the price of bitcoin rising again, although it seems to be struggling, but I have confidence that the price of bitcoin will reach $70K again.
I absolutely do not understand what collapse you are talking about. This is not a fall, which was, for example, after the first ATH. Then all tokens lost 90 percent of their price. And here there was a correction of the downward trend. Yes, I think that this is not the end and we will see even smaller price after some time.
The FUDs that can be true that I am suspecting on, why Bitcoin is still at the sidelines of $58k-$61k is MT Gox sales. The market is yet to subsidize the number of bitcoins sold in the market. This can take a month or two, for us to see Bitcoin fluctuate above $65k. Although there's a time for Bitcoin to dangle as it pleases this year, maybe next year we will be seeing good figures we would like to some part of our Bitcoin at.Bad news from war invasion and many drama happening recently I think the recovery moment still waiting more longer time and bitcoin potential break out ATH need around several months later. Don't be tired waiting bitcoin recovery and take great opportunity during lower price to buy back as many possible.I don't really believe in the impact of the war into Bitcoin price. It is not the first time of the war, we have many wars. The impact will never be a long time, it is just for temporary. I think there is a manipulation of a group whales, or it may the impacts of selling bug numbers of Bitcoin by MT Gox creditors (not sure). Well, we have too many FUDs now!! Just be patient to wait for these FUDs ends.
I also experienced the same fate as you, I had set a high target of more than $70K, but it turned out that the market experienced a fairly deep decline. Maybe we should learn again to analyze the crypto market so that we don't miss out on buying again when the market experiences a sharp correction. This is quite disappointing for me, but be patient, the opportunity will come again in the next few weeks.Wish not drop under $60k because I have long position opening and will reach liquidation if bitcoin get down again, recently bitcoin get another drop after in this morning break above $62k before dropping to $60k and seems get difficult for bitcoin recovery back above $66k.Is that okay now?
Because previously, it was really broken below $60k, well at least it managed to reach $59,836. Maybe it won't be too crazy until this weekend ends. Just have to be patient until we see how the next few days go. For the future market and taking a Long position, for now it is still quite risky. However, hopefully this will get much better because at least for now, the position is quite stagnant at $60,466.
https://coinmarketcap.com/currencies/bitcoin/
What I really regret is that I really set the target too high at that time to break $ 70k, so I didn't succeed in TP earlier. If I hadn't set it too high, at least I could have accumulated again at the current number. Yep, regret always comes last.
Maybe we will see the price of bitcoin soar again in November and December, because the large sales seem to have a big impact on bitcoin so that it seems to have difficulty reaching $65K, but stay patient because the price of bitcoin will rise again when demand rises. Let's just wait.The FUDs that can be true that I am suspecting on, why Bitcoin is still at the sidelines of $58k-$61k is MT Gox sales. The market is yet to subsidize the number of bitcoins sold in the market. This can take a month or two, for us to see Bitcoin fluctuate above $65k. Although there's a time for Bitcoin to dangle as it pleases this year, maybe next year we will be seeing good figures we would like to some part of our Bitcoin at.Bad news from war invasion and many drama happening recently I think the recovery moment still waiting more longer time and bitcoin potential break out ATH need around several months later. Don't be tired waiting bitcoin recovery and take great opportunity during lower price to buy back as many possible.I don't really believe in the impact of the war into Bitcoin price. It is not the first time of the war, we have many wars. The impact will never be a long time, it is just for temporary. I think there is a manipulation of a group whales, or it may the impacts of selling bug numbers of Bitcoin by MT Gox creditors (not sure). Well, we have too many FUDs now!! Just be patient to wait for these FUDs ends.
Just like as usual then it would really be something that a test of patience when it comes into this aspect on the moment that Bitcoins price is really that having a hard time on breaking up resistances or simply its price is really now making some sideways movement on which we dont really even know on where it would really be going in the next moment.Maybe we will see the price of bitcoin soar again in November and December, because the large sales seem to have a big impact on bitcoin so that it seems to have difficulty reaching $65K, but stay patient because the price of bitcoin will rise again when demand rises. Let's just wait.The FUDs that can be true that I am suspecting on, why Bitcoin is still at the sidelines of $58k-$61k is MT Gox sales. The market is yet to subsidize the number of bitcoins sold in the market. This can take a month or two, for us to see Bitcoin fluctuate above $65k. Although there's a time for Bitcoin to dangle as it pleases this year, maybe next year we will be seeing good figures we would like to some part of our Bitcoin at.Bad news from war invasion and many drama happening recently I think the recovery moment still waiting more longer time and bitcoin potential break out ATH need around several months later. Don't be tired waiting bitcoin recovery and take great opportunity during lower price to buy back as many possible.I don't really believe in the impact of the war into Bitcoin price. It is not the first time of the war, we have many wars. The impact will never be a long time, it is just for temporary. I think there is a manipulation of a group whales, or it may the impacts of selling bug numbers of Bitcoin by MT Gox creditors (not sure). Well, we have too many FUDs now!! Just be patient to wait for these FUDs ends.
When the price of Bitcoin fell below 50k a few days ago, many were a bit disappointed with the prediction that the market might be going to bearish. But later that sentiment changed when it turned bullish again. We haven't seen much movement in the price of Bitcoin since we last got ATH. It touched $70k several times but it didn't last long before starting to fall again. Recently Bitcoin crossed $61k from the deep and so far it is between $k60-$61k. I think it won't progress much until this month end.
And after touching $60k at this resistance, there was another rejection, so BTC fell again to the $59k level and is predicted to fall again because the current price action tends to suppress the sell side level in the market... for the short term, it is most likely bearish, while for the medium term it will remain bullish.The lowest price of Bitcoin today is around $57,890 if we take a look at coinmarketcap data. Now, the price is struggling at $59,230. I think the price isn't likely to drop again lower if there is no bad news. Why it is predicted to drop again? If it will drop again, it is possible to drop to $45k. Honestly, I don't expect this will happen because I see the current market condition is better from the beginning of this month. At the end of this month should have a better price. But everything can happen, maybe for the short term we will face red market again.
Yes I am also expecting to see a green by this month, As we expected to see 70k by the end of this month, but we have seen more dumps, And currently its price is below 60k. which is really disappointing for us, unless something unexpected happens, we should see something better in September, and if it goes further dumping it will drop to 45k.And after touching $60k at this resistance, there was another rejection, so BTC fell again to the $59k level and is predicted to fall again because the current price action tends to suppress the sell side level in the market... for the short term, it is most likely bearish, while for the medium term it will remain bullish.The lowest price of Bitcoin today is around $57,890 if we take a look at coinmarketcap data. Now, the price is struggling at $59,230. I think the price isn't likely to drop again lower if there is no bad news. Why it is predicted to drop again? If it will drop again, it is possible to drop to $45k. Honestly, I don't expect this will happen because I see the current market condition is better from the beginning of this month. At the end of this month should have a better price. But everything can happen, maybe for the short term we will face red market again.