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Author Topic: Green candle in bitcoin market!  (Read 6510 times)

Offline dekafee79

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Re: Green candle in bitcoin market!
« Reply #60 on: August 01, 2024, 09:15:13 PM »
,snip

You, like many others, are bullish and hope for growth, but why? The crypto community is too greedy now. And personally, I am completely in stable coins. So I am waiting for a fall, it will bring me profit if I buy for 40k. Previously, I also always just bought Bitcoin and waited. But having failed to get out on the very first ATH 66k, I realized that I would catch the wave.
Not only you, even almost many people are also waiting for the price of Bitcoin to fall and will buy to be held up to the Bullish Season, although currently Bitcoin has decreased to $ 62K, but it looks like the price of BitcPoin will not fall below $ 60K, that's just my prediction.

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Re: Green candle in bitcoin market!
« Reply #60 on: August 01, 2024, 09:15:13 PM »

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Offline UNIVERSE

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Re: Green candle in bitcoin market!
« Reply #61 on: August 01, 2024, 10:21:22 PM »
Yes, crypto market isn't stable and price of Bitcoin is very volatile these days. It went to higher levels of $70k yesterday and drop back to $66k level within a day. Some traders who buy at dip often make profits, however day traders do face some issues when market dumps suddenly.
Crypto market will never be stable, there will be always the price volatility. You're right, we saw the price of Bitcoin around $70k in the last few days, but it dropped to $62k recently. People who sold their Bitcoin at $70k few days ago, they can buy again now. But for people who didn't sell, can keep holding. Just get the lesson to every moment. Well, for daytrader, they won't be so confused because they must have stop-loss. If it looks like bad to hold, they will sell as quick as possible before they get bigger losses. They will plan again to buy and trade again tomorrow.


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Re: Green candle in bitcoin market!
« Reply #61 on: August 01, 2024, 10:21:22 PM »

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Offline SamReomo

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Re: Green candle in bitcoin market!
« Reply #62 on: August 02, 2024, 09:59:45 PM »
Crypto market will never be stable, there will be always the price volatility. You're right, we saw the price of Bitcoin around $70k in the last few days, but it dropped to $62k recently. People who sold their Bitcoin at $70k few days ago, they can buy again now..
Yes, the ones who sold their Bitcoin at $70k have already made some good profits. Most traders often target $60k to $62k for purchasing of Bitcoin in such market conditions and sell their Bitcoin at $68k to $70k to earn profits.

There's chance to see Bitcoin going up and down many times before a new ATH, and the traders know that thing and that's why they will keep making profits over and over. When the market changes to bear then some of them might make safe trades or hold for long term.
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Offline summonerrk

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Re: Green candle in bitcoin market!
« Reply #63 on: August 03, 2024, 02:11:30 PM »
,snip

You, like many others, are bullish and hope for growth, but why? The crypto community is too greedy now. And personally, I am completely in stable coins. So I am waiting for a fall, it will bring me profit if I buy for 40k. Previously, I also always just bought Bitcoin and waited. But having failed to get out on the very first ATH 66k, I realized that I would catch the wave.
Not only you, even almost many people are also waiting for the price of Bitcoin to fall and will buy to be held up to the Bullish Season, although currently Bitcoin has decreased to $ 62K, but it looks like the price of BitcPoin will not fall below $ 60K, that's just my prediction.

Today it was already below 61k and that's great. It's a pity I didn't have time to transfer a small share of Bitcoin that was sent to me recently to USDT, but that's okay. I'm glad that I can guess the direction of the trend. You correctly noted that somewhere now the fall may stop for a correction, because right now the price is almost 62k again. But I think that we will fall further.
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Offline dekafee79

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Re: Green candle in bitcoin market!
« Reply #64 on: August 05, 2024, 10:40:37 PM »

Today it was already below 61k and that's great. It's a pity I didn't have time to transfer a small share of Bitcoin that was sent to me recently to USDT, but that's okay. I'm glad that I can guess the direction of the trend. You correctly noted that somewhere now the fall may stop for a correction, because right now the price is almost 62k again. But I think that we will fall further.
I have set aside some USD before so I can still buy some potential coins when the market is down. The crypto market is hard to predict, my main wallet still has potential coins but it is currently down, but I will still hold until the end of the year. This kind of phenomenon will always happen, we must be able to take advantage of buying opportunities when there is a correction.

Offline summonerrk

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Re: Green candle in bitcoin market!
« Reply #65 on: August 09, 2024, 01:47:58 PM »

Today it was already below 61k and that's great. It's a pity I didn't have time to transfer a small share of Bitcoin that was sent to me recently to USDT, but that's okay. I'm glad that I can guess the direction of the trend. You correctly noted that somewhere now the fall may stop for a correction, because right now the price is almost 62k again. But I think that we will fall further.
I have set aside some USD before so I can still buy some potential coins when the market is down. The crypto market is hard to predict, my main wallet still has potential coins but it is currently down, but I will still hold until the end of the year. This kind of phenomenon will always happen, we must be able to take advantage of buying opportunities when there is a correction.

Bitcoin with such huge volatility gives us great opportunities, like those we have seen in recent days. If someone decided that the rally within the corridor will continue, then he bought for 50k, thinking that this is a new corridor 50-70k, or 50-60k. feIn general, it seems to me that Bitcoin behaves a little predictably in recent weeks and months. Even if it is very volatile.
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