Bitcoin Price under $80k and alts crash soon ?

[Metha Wulandarin]

Today, Bitcoin is experiencing another decline. I think this decline will be worse compared to last week's drop. There is a possibility that Bitcoin will reach a price of $72K, but hopefully, this does not happen. If it does, altcoins will suffer a significant decline.

I do think we will see a long move sideways as for now, because it's obvious there is no reason for BTC and the market as a whole.

Uncertainty engulfs all.

Actually, no one really knows where Bitcoin is heading. What is clear is that many projects have postponed the release of their mainnet because they are afraid that when they launch, Bitcoin might decline, which would have a significant impact on the projects they are developing.

[bhadz]

I believe that we will see the peak still and even if we don't know when it will be. We're counting on the cycle of the market, this has to happen that we get to see the drops left and right. This is needed before another ATH gets to us. We just have to wait until we see it go back to $100k soon but it's only a matter of time until we get to see that again so everyone needs to have more patience.

Bitcoin will make ATH again this is true and we will see in future because no matter how big ATH Bitcoin makes before, it makes bigger ATH later.  But it is unlikely that something like this will happen recently. Gradually the market will continue to go down. And Bitcoin will re-enter the market at much lower prices. But later the price will increase again by several times and create a new ATH.  And in this process only those who have a lot of patience and ability to invest long term will succeed. People who panic always suffer, and always will suffer.

I agree, those that are in panic are going to suffer. Like me before, I was in that phase that have no concrete plans on how I should survive the dumps. But until I have realized that there is no need to panic and the market will be better again is the fine thing to do. Everyone is going to learn that in the long run when they have received their losses all at once and will understand that there is no need to make panicking moments.

[vegasus]

I agree, those that are in panic are going to suffer. Like me before, I was in that phase that have no concrete plans on how I should survive the dumps. But until I have realized that there is no need to panic and the market will be better again is the fine thing to do. Everyone is going to learn that in the long run when they have received their losses all at once and will understand that there is no need to make panicking moments.

Everyone has their own experience. and indeed from that experience we can learn much more and more about everything related to crypto, especially investment and trading.

And yes, that's right, panicking in trading or investing in crypto will only make our situation worse. because later we will panic in deciding something, including panic selling. and this is really detrimental to ourselves. because the world of crypto markets will often experience high fluctuations and that is what often makes us even more panicked.

[tequilla_sunset]

I agree, those that are in panic are going to suffer. Like me before, I was in that phase that have no concrete plans on how I should survive the dumps. But until I have realized that there is no need to panic and the market will be better again is the fine thing to do. Everyone is going to learn that in the long run when they have received their losses all at once and will understand that there is no need to make panicking moments.

To see a bit of green, we need to go through a bit of red.

That's essential to remember for those wanting to sell their bags off 

[MUGNIA]

Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin? 

Normal users, traders, and funds are being spooked by the things happening globally, so they are starting to either pull funds out of risky investments or take their profits and minimize exposure. It's not just a Bitcoin thing it happens with all markets, this is not a bitcoin "correction" in the global economy being anxious about what the clown in the White House might do next and how it would impact everything.
And since alts are way riskier than BTC , there you have it.

Altcoins are riskier than BTC because the increase and decrease in the price of altcoins are based on the price of Bitcoin, so if Bitcoin falls, altcoins will fall even 2x more than Bitcoin. The biggest problem is that when BTC rises, altcoins do not show the same movement as Bitcoin. So think twice if you want to invest in altcoins, especially in meme tokens. The risk level will be even greater, and even the level of loss can occur.

[rizqillah]

Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin? 

Normal users, traders, and funds are being spooked by the things happening globally, so they are starting to either pull funds out of risky investments or take their profits and minimize exposure. It's not just a Bitcoin thing it happens with all markets, this is not a bitcoin "correction" in the global economy being anxious about what the clown in the White House might do next and how it would impact everything.
And since alts are way riskier than BTC , there you have it.

Altcoins are riskier than BTC because the increase and decrease in the price of altcoins are based on the price of Bitcoin, so if Bitcoin falls, altcoins will fall even 2x more than Bitcoin. The biggest problem is that when BTC rises, altcoins do not show the same movement as Bitcoin. So think twice if you want to invest in altcoins, especially in meme tokens. The risk level will be even greater, and even the level of loss can occur.

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

[enwi]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

Altcoins could be interesting for the experienced market analysts who are ready to take a risk in investing their funds. But the profit which can be obtained thanks to such an approach can be much higher if a person has a correct approach concerning the choice of assets. The situation when prices are multiplied several times within a relatively short period is familiar to most alts but not to Bitcoin. Nevertheless, Bitcoin is one of the most secure crypto assets for a long term since it has been operating for years and has great demand. It therefore does not come as a surprise that the majority of investors continue to hold most of their stakes in bitcoin through which they use the remainder to gamble on various altcoins.

[JoyMarsha]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

[Azharul]

We know that cryptocurrency market always depending on up and down, and it also a common issues for cryptocurrency market. But we also saw that few weeks ago bitcoin price is remain down $80k, in this time we can see that bitcoin price is increasing $86k up. I think that gradually bitcoin price will increase in best position. Because we know that US president Donald trump when win in election, then bitcoin price is increase rapidly in cryptocurrency market. So I believe that within a short time bitcoin will reach best position which will be best crash for all crypto users.

[tequilla_sunset]

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

BTC is for 5+ years.

Alts are for lesser time frames.

Easy as that.
 

[yohananaomi]

We know that cryptocurrency market always depending on up and down, and it also a common issues for cryptocurrency market. But we also saw that few weeks ago bitcoin price is remain down $80k, in this time we can see that bitcoin price is increasing $86k up. I think that gradually bitcoin price will increase in best position. Because we know that US president Donald trump when win in election, then bitcoin price is increase rapidly in cryptocurrency market. So I believe that within a short time bitcoin will reach best position which will be best crash for all crypto users.

I agree with you about the influence of the DT, who after winning the election, seemed to have improved movements coupled with setting up some crypto to be used as a backup for the US country, although finally the movement is actually not yet seen, because the price continues to be corrected, and it is certain that later there will be an intervention that will be done in order to boost prices again and that at any time, only requires patience because it is the right situation to be able to move up.

[Kemarit]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

And I think as time passes by, there are investors that have matured. So they don't just invest on altcoins or meme coins, they all move to Bitcoin now. Nothing is wrong with investing on altcoins or meme coins, but the risk is too high and maybe in the beginning, we all thought that is the route here.

However, majority have lost their money on meme coins and if we look at the current market, altcoin hasn't had the success that Bitcoin has. With that, it's very easy to understand that the best investment is Bitcoin or at least majority of your investment should be with Bitcoin and just diversify with few solid altcoins.

[densus88]

We know that cryptocurrency market always depending on up and down, and it also a common issues for cryptocurrency market. But we also saw that few weeks ago bitcoin price is remain down $80k, in this time we can see that bitcoin price is increasing $86k up. I think that gradually bitcoin price will increase in best position. Because we know that US president Donald trump when win in election, then bitcoin price is increase rapidly in cryptocurrency market. So I believe that within a short time bitcoin will reach best position which will be best crash for all crypto users.

I agree with you about the influence of the DT, who after winning the election, seemed to have improved movements coupled with setting up some crypto to be used as a backup for the US country, although finally the movement is actually not yet seen, because the price continues to be corrected, and it is certain that later there will be an intervention that will be done in order to boost prices again and that at any time, only requires patience because it is the right situation to be able to move up.

Trump's victory has a good impact on bitcoin, because Trump supports crypto, so the price of bitcoin can reach ATH $ 109K, but the price was corrected again and fell sharply. Trump's policy of making the top coin a strategic reserve fund is something that has a big impact on crypto, but we haven't seen its influence yet because the crypto market seems to be struggling.
We should be patient and wait because it is possible that the price of bitcoin and altcoin will rise again.

[dave_strider]

I agree with you about the influence of the DT, who after winning the election, seemed to have improved movements coupled with setting up some crypto to be used as a backup for the US country, although finally the movement is actually not yet seen, because the price continues to be corrected, and it is certain that later there will be an intervention that will be done in order to boost prices again and that at any time, only requires patience because it is the right situation to be able to move up.

He does many things that move the market up and down, because he does it for.. Prestige and profit in the end.

He is no enthusiast, but a businessman.

[yohananaomi]

We know that cryptocurrency market always depending on up and down, and it also a common issues for cryptocurrency market. But we also saw that few weeks ago bitcoin price is remain down $80k, in this time we can see that bitcoin price is increasing $86k up. I think that gradually bitcoin price will increase in best position. Because we know that US president Donald trump when win in election, then bitcoin price is increase rapidly in cryptocurrency market. So I believe that within a short time bitcoin will reach best position which will be best crash for all crypto users.

I agree with you about the influence of the DT, who after winning the election, seemed to have improved movements coupled with setting up some crypto to be used as a backup for the US country, although finally the movement is actually not yet seen, because the price continues to be corrected, and it is certain that later there will be an intervention that will be done in order to boost prices again and that at any time, only requires patience because it is the right situation to be able to move up.

Trump's victory has a good impact on bitcoin, because Trump supports crypto, so the price of bitcoin can reach ATH $ 109K, but the price was corrected again and fell sharply. Trump's policy of making the top coin a strategic reserve fund is something that has a big impact on crypto, but we haven't seen its influence yet because the crypto market seems to be struggling.
We should be patient and wait because it is possible that the price of bitcoin and altcoin will rise again.

We must recognize that DT's victory does affect the increase in bitcoin, but not lasts long. What is surprising is that the policy carried out by DT for reserves does not seem to get positive responses or even make bitcoin corrected.
It is still too early to see this policy because DT could have carried out a new policy that could eventually provide a good improvement for Crypto. For this reason, we must be a little patient to waiting for things from the policy to be carried out so that Crypto can increase.