60K resistance might be broken

[armanda90]

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.
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.

[JoyMarsha]

Del

[sampoerna]

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.

[alltalk]

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.

[dekafee79]

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.

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.

[Rubel007]

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.

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.

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.

[Stompix]

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.

[summonerrk]

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.

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.

[alltalk]

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.
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.

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.

[dekafee79]

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.

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.
We should always be patient when investing in crypto, because the volatility is very high and we can also take advantage of this by buying bitcoin when the market experiences a correction.

[Rubel007]

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.

[JoyMarsha]

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.

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.

[Mr. Magkaisa]

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.

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.

            -     I think it looks like you are not the only one who experienced that during the time when the price of Bitcoin was at its peak. But even so, it's too late if you are a long-term holder. Because where else will the price of Bitcoin go, but it will resume at its new ATH.

The only difference is that we have not been able to buyback or buy in the dip in the few months of its correction in the market, which, unlike others, has actually kept up with its downtrend in the market.

[dekafee79]

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.

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.

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.

[milewilda]

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.

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.

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.

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.
All we can do is to assume it out whether it would be broken those resistances or we would really be having an another dip or price decrease on which this is really always been
that the usual case. Dealing up with speculative things will always be ending up on having that speculative approach.