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[aryan4]

According to prominent analyst Aayush Jindal, Bitcoin is in a short-term bearish zone.
She estimates that if the price breaks below the $ 35,500 and $ 35,000 support levels, it will gain momentum.
She thinks that if this happens, a decrease of up to 30 or 32 thousand dollars may occur.
What do you think of this famous analyst's comment?

 

[Sudipta]

Let is be hopeful of new Investors because they are the ones that can boost the price of bitcoin as it stands now , the trading is just within $29 to $39k.

Yeah exactly, involvement of new investors is the key to success for bitcoin. Hopefully more investors come forward to invest on bitcoin and help the price to rise soon.

 

[Sudipta]

Yeah this the issue now. Am waiting for Bitcoin to stabilize before I can buy more. The fluctuations is discouraging for investors

Yeah definitely, this fluctuating is causing lots of panic sell. This is causing the price of bitcoin to lower more. Hopefully large investors don't go for panic sell.

 

[SCAMEXPOSER]

Yeah this the issue now. Am waiting for Bitcoin to stabilize before I can buy more. The fluctuations is discouraging for investors

It will be nice if you also buy now because very likely that the price will be rising back to $37 to $38k except you intend to hold it for long .

 

[highspeed]

I say what I can observe at this moment. So this thread says: Bitcoin Could Go Down To $ 32K
Now, at this time 1 BTC = $ 31400.
I repeat, just at this moment. So I'm not adding anything else for now.

 

[Sudipta]

I say what I can observe at this moment. So this thread says: Bitcoin Could Go Down To $ 32K
Now, at this time 1 BTC = $ 31400.
I repeat, just at this moment. So I'm not adding anything else for now.

Yeah that's right, bitcoin had a pretty scary fall yesterday, it felt by around 5k within 2 hours yesterday from 36k to 31k. So I hope bitcoin turnaround very quickly from this fall.

 

[Josemendez]

Yeah definitely, this fluctuating is causing lots of panic sell. This is causing the price of bitcoin to lower more. Hopefully large investors don't go for panic sell.

I think they will rather buy more in other that their Investment won't be a failure . Presently there is more people waiting for Bitcoin to stabilize before buying.

 

[highspeed]

Yeah that's right, bitcoin had a pretty scary fall yesterday, it felt by around 5k within 2 hours yesterday from 36k to 31k. So I hope bitcoin turnaround very quickly from this fall.

You see, due to the volatility of Bitcoin because it's a cryptocurrency, we will never be able to make enough concrete predictions.
So all of us, if we want to invest there, we must always pay close attention!

 

[aryan4]

I think they will rather buy more in other that their Investment won't be a failure . Presently there is more people waiting for Bitcoin to stabilize before buying.

I also believe there are investors waiting to be balanced. However, those who see this decrease as a technical correction may have moved in the direction of possible buying.

 

[Sudipta]

I think they will rather buy more in other that their Investment won't be a failure . Presently there is more people waiting for Bitcoin to stabilize before buying.

Yeah, I think you are right, investors are waiting for the price to stabilize so that there remains more possibility of increase in price next.

 

[Sudipta]

You see, due to the volatility of Bitcoin because it's a cryptocurrency, we will never be able to make enough concrete predictions.
So all of us, if we want to invest there, we must always pay close attention!

Yeah exactly, none of the analysts can predict the exact future if any cryptocurrencies. So everyone should do their own research before investing on any cryptocurrencies.

 

[GoldenLady]

This is why short term trading is the best way to earn faster income . Short term traders are part of the ones affecting the price of Bitcoin lately . They are capitalizing on the fluctuations to earn profit

This process hurts small capital investors, since they can't do the same.

But it will be nice if one can do it, so no hard feeling.

 

[Sudipta]

Trading need high experience to gain high profit, also large capital is needed to gain meaningful profit. So it's definitely not for beginners.

 

[aryan4]

Trading need high experience to gain high profit, also large capital is needed to gain meaningful profit. So it's definitely not for beginners.

You may be right. However, all investors who develop themselves and manage to follow the markets well in all directions can gain good profits.

 

[Sudipta]

Trading need high experience to gain high profit, also large capital is needed to gain meaningful profit. So it's definitely not for beginners.

You may be right. However, all investors who develop themselves and manage to follow the markets well in all directions can gain good profits.

Yeah definitely, every investors can follow the trends and latest news to understand the possibility of fall and rise to gain high profit.

 

[aryan4]

This process hurts small capital investors, since they can't do the same.

But it will be nice if one can do it, so no hard feeling.

Maybe it can hurt small investors, but how. As small investors, I think we often get into panic very quickly. Gaining is possible by following the markets closely at the same time.

 

[Josemendez]

I also believe there are investors waiting to be balanced. However, those who see this decrease as a technical correction may have moved in the direction of possible buying.

Sure. And those of them that will be buying now will probably be holdl their coins for a very long time. Because Bitcoin won't easily return to it's Bullish run .

 

[highspeed]

Yeah exactly, none of the analysts can predict the exact future if any cryptocurrencies. So everyone should do their own research before investing on any cryptocurrencies.

Yes you are right. Like every banking stock, Bitcoin, every cryptocurrency is subject to sudden, often completely unpredictable changes in value! Many factors, not only external, can generate these sudden fluctuations.

 

[Reznov]

well that's true, it dropped massively but luckily increased in price again, let's just hope it gets out of the unstable zone real sooner, otherwise, people will panic so badly and sell their money

 

[highspeed]

This was in the first month of the year 2021. The fall was about $ 5,000, in just two days!
But hopefully, I believe it will probably be back to go up by February.
My opinion...

 

[Sudipta]

Yes you are right. Like every banking stock, Bitcoin, every cryptocurrency is subject to sudden, often completely unpredictable changes in value! Many factors, not only external, can generate these sudden fluctuations.

Yeah exactly, none of the analysts could have predicted that bitcoin will reach it's previous all time high of 20 on a year with such a pandemic. So this proves that bitcoin is very unpredictable, and the price changes every second.