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The market still going down

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9 hours ago, SCB1234 said:

There is absolutely no question; all of your comments are true. The only question is the effect it has on the emotions of beginner and intermediate traders when it doesn't simply go straight up for a month. This dip is going to keep scaring them, then it will zoom right back up to the low 7's. There will be a few having fake-outs, and then the inevitable deflation scarcity will absolutely kick in and it will always continue to be a benefit to the overall market for 4 years. The only questions are:

Will government regulations or unknown disasters hurt the entire marker?

Will some kind of hack hurt the market?

Will Miners having to short Bitcoin to afford mining hurt the market?

Those 3 things can change the trajectory, but not much else.

I am sure soon or later, and the government will make regulations related to crypto and the crypto market, and we have already seen that in many exchanges. Almost exchanges applied KYC, and I think the exchanges are being forced by the government to know who their customer. And for disasters, I am not sure if that will hurt the entire market or not. Still, I believe if there is chaos happens with the regulations, and if crypto is so strong, the market will be back to the current situations, and the crypto can pass the hard situations.
If the bitcoin price does not increase, I don't think that will make the miners will short bitcoin because they also believe that bitcoin will rise in the future. Although there are miners who will do that, that will not make all of the miners will do the same. We can only wait and see what will happen later.

17 hours ago, khan22 said:

All the crypto market is going down just because of BTC and now soon BTC will go up and all the crypto market will go up but now its down. Crypto market will soon make a bull and on that time all the crypto coins will be green and this time we make good profit because BTC will touch this time so much high.

Although this moment, almost all coins are down, we still seeing that some altcoin can survive and trying to increase the price. Many people underestimate that coin, and they don't expect to see the price for that coin will grow, but they are wrong, and now they see that the coin price was increased. We should calm down first at this moment so we can analyze it better to find the right coin to buy. I am sure that if we can do that, we will get more than 1 coin to buy so we will have a chance to make a profit.

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As we are familiar with this fact that if any country or nation change its policy regarding currency or regarding loan payments they do amendments in policy to make it stable and some policy do not directly deal with crypto currencies because of not hard shape. So that is one the reason among others for declining of market

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From now until the fifth year, the school will be strong, I think now is a good time for you to start hold to sell, it will be a way to make money.
good luck

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Yes it was falling down, but dont worry i think this coming years the market will be come high again. so right now jsut be patient and wait for the right moment.

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On 11/22/2019 at 10:55 AM, Ajish anto said:

Yes the market will going to very down many persons are waiting for riseing period now a days it's but this is not reality We are watching what happened in next 

If I purchase many coin in this time some time market will not going up then what to do  ?

Wait for the market because if you buy the coins in crypto market then safe all your coins for future and buy some top coins like XVG, ETH, LTC, XRP, EOS and also top 10 coins in crypto market because soon  all the crypto amrket will go up so much and then sell your coins because these coins will give us huge profit this time.

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18 hours ago, Kesonie said:

This season will be good for those investors who wants to buy many coins, because market is still on its down period, as simple traders we need to endure this and wait for our coin  to get back on its real price.

Right this is the best opportunity for new traders and investors to have a nice entry in the market because we all know that the market will able to recover again so they will get an easy profit to it.

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SIGNATURE SPACE FOR SALE PM ME!

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At the end of the year, the market usually goes down, but when I come back strong in the south of 2020, it will be very strong and here is a chance to hold and make money.

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On 11/22/2019 at 9:00 AM, aqua said:

I am busy in real life, making me not to check the market in a few days. This day I am back to the market and check all of the prices, and I see bitcoin price is down deeper. Ah, I think I miss the right time to buy bitcoin, but I guess today we are at the weekend time, so the chance for the price to go lower than today will be wide. I think I will place in buy order in some range, and I hope that my order can be filled in today or tomorrow.

 

Here is some of the market movement based on different time interval:

 

spacer.png

In that image, you will see that bitcoin price is on the sideways, but it could be another down if the traders decide to sell their bitcoin for a large amount. You can place your order buy at $7,630 to test if the price is down or not. 

 

spacer.png

This is the 4h of the time interval. We see that the price is trying to rise after reached the lowest price, but still, that price cannot be predicted whether it will be increase or down again. You should be careful to decide. Meanwhile, you can try to make a buy order as I say in previous.

 

spacer.png

And this is for the daily chart. I see that the price will still go down, and maybe it will touch $7,200 if the traders panic, but I am not sure if the price will go down below than $7,000. But the chance for the price to reach below than $7,000 will be there.

 

So how about you guys, do you decide to buy more bitcoin, or only watch the market without doing anything, or you need to wait for another downtime to buy more 

 

As we all know - the price has pumped. But that's not all, it has also absorbed a part of the downward movement.  Now $BTC can decline to the $6990 support in order to re-test one and then continue going upwards. 

However, this re-test is not necessary, so we can see another leg upwards to the zone of $7400, which will create pattern "double top". To continue moving upwards, the price need to absorb the recent ascending movement and break $7400 - $7500 resistance.

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Yes,more drop in price more bags are getting filled.take this chance to buy at cheaper price to earn big profit soon.

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17 minutes ago, Ms.o said:

Yes,more drop in price more bags are getting filled.take this chance to buy at cheaper price to earn big profit soon.

Today the bitcoin is market is very good than yesterday and those who bought bitcoin yesterday they are more luckiest people  now.

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Yes the market is still going down but we can't do anything except having patience. We should wait for our right time to come and use it properly. Surely crypto price will increase in coming days.

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2 minutes ago, Zentoly said:

Today the bitcoin is market is very good than yesterday and those who bought bitcoin yesterday they are more luckiest people  now.

Yah right,and im the lucky one😁many are panicking when they see the price dropping,they dont know that drop in price,the more chance for us to buy more and get profits.

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Crypto in down trend and perhaps will happen in long term period, that's scare me. Buy back is solution but I must say can be done after new year. Still wait new year with worry because if down more deeper I should cut loss and lost 40% from my money.

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10 hours ago, vivek jain said:

 

As we all know - the price has pumped. But that's not all, it has also absorbed a part of the downward movement.  Now $BTC can decline to the $6990 support in order to re-test one and then continue going upwards. 

However, this re-test is not necessary, so we can see another leg upwards to the zone of $7400, which will create pattern "double top". To continue moving upwards, the price need to absorb the recent ascending movement and break $7400 - $7500 resistance.

Yes, you are right. I think we are now in a stable moment, and we can hope that this weekend, bitcoin will not go down too far, so in the next week, the price will be able to break $7400-$7500 resistance. But if somehow, there is a bad news release, and the traders will be panic, then we will not be able to break that price, and even we will be back in the downtime again. I am glad that the price does not move to the low price after it gets pumped yesterday and I am sure that the price will be increased soon.

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The market will go down even stronger, that's not it, I think the year-end rule has been decreasing since 2017 so far it is stabilizing and the same rule as the end of 2018

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When the market goes down is the right time to buy a lot of bitcoin and altcoin. Oh the whale's strategy in carrying out the action, they deliberately sell a little bitcoin gradually with a low price, if the market has responded and the price of bitcoin dropped, then they will immediately buy back.

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You guys keep calm, the market is down a lot more, you can not stop, try to have a long time for us to make money, there are many opportunities, or buy a lot

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if market downs then consider this as an golden opportunity to buy bitcoin.

If we don't buy now then we regret later.

so i would suggest to every newbie trader if you are financially strong the buy the bitocin as much as you can

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Bitcoin dominance, or the percentage of its total market value, has risen well for the past two days. What seems more likely to me, and of course it will be very difficult to prove, is that some of the minerals who were mining Bitcoin during the bullish period are releasing additional supplies to the market.

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See downtrend as good moment to fix your position, challenge not risk. Worry is necessary because if you already use stop loss and money management, your risk is minimize. The big mindset is we should see all trend as a friend and don't be sad/ angry when market goes into another direction, see it as a chance to give you better position for next transaction.

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Yes and we call it downtrend. We should worry about this because market doesn't give us sign for recovery. I'll not stop people for buy back but if we see from chart history it will take more time for buy back moment. Stay positive with bitcoin and wait until significant movement already exist.

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No, I do not agree with you that the price of Bitcoin is still going down because the price of Bitcoin is constantly increasing.Not long ago, the market value of bitcoin was around $ 7,000, currently the market value of bitcoin is around $ 7900.

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Dont panic if the market goes down, i think its better to buy that time because in this coming years the market will rise, or to be simple the bull will happen this year.

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I do not agree with you that the price of bitcoin has been decreasing as the price of bitcoin continues to rise. I expect that the market value of bitcoin will rise to around $ 10,000 a few days later.

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The coin market going down for many reasons.The main reasons is when people sell more than buy their crypto in trading.This is one of the major reason

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Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
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    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
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