Is It The End Of Bitcoin?

[Senin]

So far, we can only talk about the end of the bull market, and not about the end of Bitcoin itself. The cryptocurrency market experienced a deep price drop, which was predicted and expected earlier. I think that in this case, the bear market will not be long. We can already see that the price of bitcoin has risen from almost $ 30,000 to the current $ 39,645, and ethereum from $ 2,100 to $ 2,841 today. We do not yet know how the market will behave in the future, but such sharp price swings indicate that Bitcoin will still struggle.

[lepbagong]

So far, we can only talk about the end of the bull market, and not about the end of Bitcoin itself. The cryptocurrency market experienced a deep price drop, which was predicted and expected earlier. I think that in this case, the bear market will not be long. We can already see that the price of bitcoin has risen from almost $ 30,000 to the current $ 39,645, and ethereum from $ 2,100 to $ 2,841 today. We do not yet know how the market will behave in the future, but such sharp price swings indicate that Bitcoin will still struggle.

actually bitcoin is under pressure from outside, not from a natural occurrence, actually bitcoin is under pressure because elements of social media give bad news so that many are influenced to act out of control again, irrationally responding to what is reported from social media.

indeed the influence of social media can be good for a moment but it can also be bad. while some time ago bitcoin had the luck to be able to increase but now the reverse is receiving bad news so it is under pressure. unfortunately investors can't tell the difference. This is certainly a bad percentage for the development of crypto in the future if you can't ignore things like this.

but firmly believe that the move of bitcoin is still a long way from achieving a better ATH spread, because there is still a long time for that to happen. which is expected to occur at the end of the year. so you must remain optimistic that bitcoin can still grow.

[salukhe]

Bitcoin investors should not lose patience.Bitcoin investors need to be patient.  Because at present the condition of the cryptocurrency market is very bad.  Regarding the cryptocurrency market,no one can predict when the market will dump or pump.Hopefully Bitcoin will return to its previous position soon.Will bring something good for investors.Investors just have to be patient until the market returns to normal.

[Freemind]

Bitcoin investors should not lose patience.Bitcoin investors need to be patient.  Because at present the condition of the cryptocurrency market is very bad.  Regarding the cryptocurrency market,no one can predict when the market will dump or pump.Hopefully Bitcoin will return to its previous position soon.Will bring something good for investors.Investors just have to be patient until the market returns to normal.

The true investors in Bitcoin (and other cryptocurrencies) are the people who have the most patience. They know exactly when to buy, when to sell, and when (along with other whales) to stay in a bear market. As long as nothing seems to be happening and the market seems stable without any fluctuation, they keep accumulating coins/tokens.

[Afony]

Everything is not so bad the market has started to slowly return again and bitcoin has a new chance to break its bar. Of course, it is still difficult to say anything about the transition of bitcoin to the second plan, since there is still no such project that could replace bitcoin.

[mlawson71]

It definitely appears pretty bullish right now. For a moment there I feared it may drop below 20,000 USD.

[Evgenklm]

Today, bitcoin has already touched $ 40 thousand, so I think bitcoin will soon regain its position in the market and we will see new ATH, but with altcoins, the situation is much worse, if bitcoin is the #1 coin and trading volumes are very high, then after the recent fall, most altcoins will be hard to rise to their ATH.

[azmirihaque]

No market will give you continuous profit. That's why Business bears risk. But it is true that many investors have lost their fund. It is the part of the business. I think, it is the time to hold and wait for recovery. The crypto market has been developed largely in the recent years. The present situation of the market is not like the market of 2017. So, I think, t will recover its previous position soon.

[bitbit97]

Another topic that bury Bitcoin... How many times Bitcoin considered to be dead? 300? The end of Bitcoin will come only then, when its price will fall to 0. As long as it has value and there is a demand in it, it will be alive.
Those who panic and say that era of Bitcoin is over, I suggest to look on Bitcoin price graph and mark how many times price went down and recovered later.

[Monster5]

The Bitcoin market is currently doing somewhat better. The way the Bitcoin market started to decline has now changed a lot. I think the price of Bitcoin will return to its previous level very soon. Currently the market is pumping a lot. So the future of Bitcoin will never end but will go a long way in the future.

[elbans89]

AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

I don't think bitcoin will recover takes 3 years again. We all know pandemic bring good condition for bitcoin and crypto currency.
Many people already invested as long as pandemic covid 19.
I think It's just correction, bitcoin price will increase again soon.
no worries about bitcoin and crypto currency.

[rizqillah]

No market will give you continuous profit. That's why Business bears risk. But it is true that many investors have lost their fund. It is the part of the business. I think, it is the time to hold and wait for recovery. The crypto market has been developed largely in the recent years. The present situation of the market is not like the market of 2017. So, I think, t will recover its previous position soon.

Yes, I agree we can't get profit every time, some time we will lose and It's normal.
I think we should the market will green again, because I see many investors also do that.
Keep calm and wait the bullish market will come.
It is not the end of bitcoin, So don't panic selling.

[mlawson71]

I agree. Right now the best thing one can do is to sit and wait. Sooner or later it will start rallying again.

[Confero]

Things are common in Bitcoin, and this is not the end of Bitcoin.  Even though Bitcoin has not been able to go up to $ 60,000 again, Bitcoin is slowly starting to grow. Believe me Bitcoin will continue to increase, even though there was a drastic decline like yesterday. Don't panic because it will make you mentally fall.

[Prime]

The price crashed so drastically only in few days and the price cannot meet the exact decision about the BTC price whether it is going to fall again or continue the race to high. However, I think that personally, I doubt this decision. But I am not sure that this is the end of BTC. BTC requires high community and we will never let it be