White House (USA) hosting a crypto summit tomorrow (Friday March 7)

[Cryptsafe]

Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.

Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.

It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.

And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.

Obviously, the community was expecting some positive outcome much more than the previous to spike up the Crypto market but were greeted with less than they expected and that seems like  a joke and it was never a positive response from both sides. I believe that made the market seems like nothing happened with the price of Bitcoin trading tow sideways.

Probably it's a good thing though, if the market is going to trade sideways then we should take advantage of it and continue to accumulate. Regardless of the news, I think we are still in the bull run, so with that, the price is going to peak in the last quarter of the year, it's just how big the price will be.

Currently though we have some sort of a rally to $88k-$89k, but the biggest barrier to break at the end of the month is $90k, with or without the Bitcoin reserve news.

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

[Hisbullah]

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

I also have confidence that the price of bitcoin will rise again, although many are hoping for good policies and news from the Trump administration. However, during a bullish season like this, the market will play its role and we don't need to worry about the price of bitcoin touching its ATH again.

[enwi]

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

As it is right now, it seems to me that there is a still some strength, which is looking for its way. Anytime the price gets high and is resisting to move even more high is actually showing that there is a force that is checking it’s authority. If this is the case, then there will be no doubt that the price will breach what is currently restraining it in the forthcoming months. This is not the first time that this has occurred and in such instances, if you are first in line then the results will be the greatest. The trends in the market always open the eye of people in a way they cannot explain; those who are always able to identify these opportunities tend to be rewarded most. Such situations are rather rare and the gainers may happen to be those people who can act in a rather confident manner.

[yohananaomi]

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[yohananaomi]

Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.

Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.

It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.

And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.

I also think, as you said, that the summit did not produce effective results, so there was no good development received by the market, so there was no surprise at all. Maybe the impact will occur in the future if there is indeed an intervention that DT wants to do, but is it possible? Everything is still a question mark.

[Mia Chloe]

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.

However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.

[yohananaomi]

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.

However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.

If we look at the cycle in the last few months, it can be said that there will always be upward movements and there will also be corrections that will always happen. I agree that there will always be times when it increases and there are times when it can also experience a decrease, where is the right time to continue buying with any scheme in order to achieve what we want.

[Cryptsafe]

Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.

As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.

However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.

If we look at the cycle in the last few months, it can be said that there will always be upward movements and there will also be corrections that will always happen. I agree that there will always be times when it increases and there are times when it can also experience a decrease, where is the right time to continue buying with any scheme in order to achieve what we want.

It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.

[densus88]

It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.

I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.

[Cryptsafe]

It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.

I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.

Currently, the Bitcoin market is moving two sideways which makes the market unstable but at this point, if one can be able to take position in the market space, they would make profit as it is down below the all time high of bitcoin and so doing, there is every indication that bitcoin would grow beyond the current price it is as it is below the last ATH and after this market bearish condition or correction, a new all time high would be achieved.

[Mia Chloe]

Currently, the Bitcoin market is moving two sideways which makes the market unstable but at this point, if one can be able to take position in the market space, they would make profit as it is down below the all time high of bitcoin and so doing, there is every indication that bitcoin would grow beyond the current price it is as it is below the last ATH and after this market bearish condition or correction, a new all time high would be achieved.

Well the bitcoin market has been quite bearish for a long time now a relatively long time though. Basically I like to put it as we are currently ranging in the market but we are also in a downtrend just that the momentum is not so strong so the speed is pretty much low.

Currently we seem to be on a safer side simply because they haven't been a huge stir up in the market that potentially cause enough FOMO in volume to boost the downtrend.

[yohananaomi]

It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.

I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.

I think it is a cycle that is indeed very important for the movement of crypto, especially, of course, with bitcoin. Buying during the bear season and wanting to hold until the bullish season comes is certainly not easy and there are many temptations, but if done correctly, then what we will get will make us do it continuously and sustainably, and it is certain that it will always provide benefits.
Agree, if we bought bitcoin 2 or 3 years ago it would have provided huge profits this year.

[tequilla_sunset]

Well the bitcoin market has been quite bearish for a long time now a relatively long time though. Basically I like to put it as we are currently ranging in the market but we are also in a downtrend just that the momentum is not so strong so the speed is pretty much low.

Currently we seem to be on a safer side simply because they haven't been a huge stir up in the market that potentially cause enough FOMO in volume to boost the downtrend.

One thing the market needs is confidence, imo. There is not enough of it, and the market acts accordingly, mostly sideways and up and down, but in a small range.

[Cryptsafe]

It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.

I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.

I think it is a cycle that is indeed very important for the movement of crypto, especially, of course, with bitcoin. Buying during the bear season and wanting to hold until the bullish season comes is certainly not easy and there are many temptations, but if done correctly, then what we will get will make us do it continuously and sustainably, and it is certain that it will always provide benefits.
Agree, if we bought bitcoin 2 or 3 years ago it would have provided huge profits this year.

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

[vegasus]

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.