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Ahmedabdallah12

Most markets has been bleeding these days

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There have been many bad times in the markets but we have already left all of these behind and have better times, in cases like these the most important part from us is to hold patiently and wait for the good times and bettter prices to appear as if we get depressed and sell low it will be our mistake.

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Bitcoin dumped a lot and it was bleeding for some time. Most markets not only Bitcoin were dumping during the covid 19 panic and nobody was sure where the bottom was, although with Bitcoin we know there will be one and that it will be above the previous year low so it was expected to be bought a lot during that dip.

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On 3/13/2020 at 4:23 AM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

The price of bitcoin when the pandemic started was already at $5500, it's not all about the pandemic because it really depends on the supply and demand. But yes, pandemic affect the price of bitcoin before but look at the price of bitcoin now even we're facing pandemic, the price of bitcoin is around $19000 and reaching $20000 so don't worry about it because it is very volatile.

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Bleeding has gone! Bitcoin rose from $18.600 to $19.500 but it is exactly at this point that the rise stops as if it has hit a rock or has faced a dead end! For several times, values of $19.700 or even $19.800 were seen on the logbook but something goes wrong that doesn't let it go any higher. I think people are still not prepared for passing this level or maybe they don't think it is possible to continue trading beyond that point. When most traders sell at this point and exit, it shows that they are satisfied with what they earn and don't care about ATH.

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On 3/13/2020 at 1:23 AM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

Yes you are right due to corona virus many things are changed they change all things our income also. Many people are homeless because of corona virus as they have no job no money to fulfill their needs and they also affect the cryptotalk as the prices of many currencies goes down but i think all thing will be right soon we just have to wait for sometime with patience.

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ups and downs are the part of business and the market but because of the error and the current situation there are bleeding market days too

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On 3/12/2020 at 10:23 PM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

The Corona virus has affected many financial markets, it has made Bitcoin really drop to low levels. It was really painful. A lot of financial losses occurred.

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On 3/13/2020 at 1:23 AM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

As the whole world is facing lots of difficulties and economical issues in the coronavirus so Bitcoin is not safe from it. it is also affected and its price falls but I think that the upcoming year will proof better for Bitcoin price.

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actually that dump on price at that time was a golden chance for everyone to buy cryptocurrencies and store it because since then we can say that Bitcoin pumped to 19,800$ which is a 4x of the price when it dumped to 4500 because of corona and same with many other currencies , i regret i wasn't part of crypto world that time or i would bought some

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Now we can see a good situation in the cryptocurrency markets for many cryptos. Corona virus badly affected crypto in March but most of the speculative assets are at the recovery phases in the crypto markets now and they're progressing. 

 

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On 3/12/2020 at 10:23 PM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

Yes, the market has fallen a lot, many currencies have bled and turned red for long days and months due to the Corona virus, and the matter today must be exited

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Covid-19 and the world crisis have much affected the cryptocurrency also but nowadays the cryptocurrency is recovering from the loss and at the end of the 2020 the Bitcoin is going to touch the $20,000 it is its peak value. 2020 was not too bad for the cryptocurrency because it lot of members have joined the cryptocurrency and cryptocurrency is becoming so famous that it is widely acceptable in many countries now.

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A totally different situation now, but also not one to be afraid of.

Bitcoin was down a lot just two months before the halving. It was something similar to the great reset, some people are discussing so often, as around a million Bitcoins changed hands. Who bought, the banks did.

The current price still is low to my charts and what I expect Bitcoin to be.

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My hopes for the price of Bitcoin is that there won't be a drop again at these prices that were during the big drop of this year. It was a one time event that created panic and we should be able to control our feelings and not ever panic when investing. Bitcoin price will keep rising and we should be stable and try to make the most from our investment.

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The crypto market have face a serious set back in price in some months back. But that happens due to the pandemic virus that affect the world economy system, but those that but that time have make good profits from their holding. 

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On 3/13/2020 at 8:23 AM, Whited35 said:

I think media hypes has created these all things in the crypto that investors thought this is not the proper place to be for a long time. I have seen the price of Bitcoin which is the historically lowest price ever. There should need to be a long time for the price recovery. 

That is correct by brother about all you said it would be a useful Post for other members to understand the price changes of bitcoin. In my opinion there is a great chance to get lower price than the current price because still many countries faces the corona.

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Cryptocurrency market can never be predicted because it's a market that rise and fall without prediction, and the best to win from this kind game is the one that can take calculated risk, so the person will invest when it's low and withdraw when it is high


 

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Yes, my friend, most of the markets are facing these days, a decline in some problems, but at the beginning of the year I think that it will improve and increase its products and its balance

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36 minutes ago, Sanjana321 said:

That is correct by brother about all you said it would be a useful Post for other members to understand the price changes of bitcoin. In my opinion there is a great chance to get lower price than the current price because still many countries faces the corona.

Lol, it is quite older post maybe during the peak time of COVID-19 pandemic. Now most of the altcoins are following the vertical trend and Bitcoin itself has made a huge move to reach another ATH on the most of the exchange sites. 

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On 3/12/2020 at 4:23 PM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

Certainly the pandemic has been a problem for humanity but in the case of BTC it has been the opposite, so far this year it has risen approximately +110% and this due to the pandemic, so if there are altcoins affected by the pandemic .

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On 3/12/2020 at 9:23 PM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

At the beginning of the pandemic the economy fell a lot which brought with it that cryptocurrencies also fell, thank God today we have been recovering little by little and you can see the growth that cryptos have had, today for the first time in history the btc exceeded 20,000 usd...

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BTC cross the high 20,000$ this time BTC touch the 20,334$ and i hope that soon the crypto market go high more and the big bull is start now and the other ALT coins will also make a great high this time.


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The virus and the pandemic greatly affected the global economy and initially also affected the behavior of the cryptocurrency market, but this effect in this sector was temporary, since many saw cryptocurrencies as the best option to start generating money without having to leave their homes, this was also a point of attention for large investors and for governments and institutions, causing the adoption effect that we are now experiencing and that have benefited the rise in crypto prices now it's happening.

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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It now seems such bleeding in the market back in March has been well left behind, especially Bitcoin that recovered more than 400% from those levels and today reached new All time highs, leaving us all amazed. The sentiment of the market is now bullish, possibly indicating a coming significative correction. We are all expectant to see what will happen with Bitcoin price in the coming weeks.  

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