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[aryan4]

According to Coingecko data, BTC, which was on the rise with the news that Tesla bought BTC the previous day, rose to the level of $ 48,030. However, BTC was unable to sustain this rise. Bitcoin has lost 6% in the last 24 hours and 2% in the last hour. In some comments, there is information that investors are panicking.
Do you think this is a correction or a bearish start?

 

[Niftyicon]

I guess some investors are capitalizing on the rise to take their profits by selling but I wouldn't be too worried any way because bitcoin's rise is certain.

 

[Balint098]

It's normal, people can't expect bitcoin to stay rising without stopping or dropping a little in prices. Only amateur investors panic over small bumps on the road like this.

 

[aryan4]

I guess some investors are capitalizing on the rise to take their profits by selling but I wouldn't be too worried any way because bitcoin's rise is certain.

Considering the price movements experienced so far, I think it seems unnecessary to worry. Probably, while someone was selling yesterday, someone had the opportunity to buy more. Let's see what will happen during the day.

 

[Niftyicon]

Considering the price movements experienced so far, I think it seems unnecessary to worry. Probably, while someone was selling yesterday, someone had the opportunity to buy more. Let's see what will happen during the day.

That was probably the case. I really do not worry about bitcoin anymore the way I used to. Though still highly volatile but the changes in price are less drastic than previously experienced.

 

[aryan4]

That was probably the case. I really do not worry about bitcoin anymore the way I used to. Though still highly volatile but the changes in price are less drastic than previously experienced.

I think we, as investors, are not disturbed by these movements and price fluctuations. I guess we got used to witnessing this price volatility. Let's see what kind of movements will be in prices today.

 

[fastmoney1]

As I am watching the news and I read that the price of bitcoin is at $ 49, that small drop could be due to a correction in the price of the cryptocurrency but its trend is upward.

 

[aryan4]

Some pullbacks and corrections are normal. So far I am not seeing a signal for a massive drop.

Frankly, I think like you. The market can sometimes make sharp upward or downward movements within its own dynamics. I think these downward and upward movements should be regarded as normal, except for news that can seriously affect prices.

 

[fastmoney1]

Frankly, I think like you. The market can sometimes make sharp upward or downward movements within its own dynamics. I think these downward and upward movements should be regarded as normal, except for news that can seriously affect prices.

We call those changes in bitcoin prices a correction of the cryptocurrency, but what we have seen in recent months is a constant rise in the price of bitcoin.

 

[fastmoney1]

Indeed. Today Bitcoin finally reached 50,000 USD and by the looks of it, it does not intend to stop there!

Hallelujah, good news, bitcoin broke the $ 50k barrier, this should excite and motivate those of us who trust the cryptocurrency.

 

[fastmoney1]

We are not new to Crypto currency right? We have seen out it as grown over the years. Right from when Bitcoin started in 2011, am still in shock. It might fall now but watch out, the increase is going to be massive

If we really do the analysis of the bitcoin we will see how the cryptocurrency has had a sustained increase over time, it is true it has had its corrections but always upwards.

 

[fastmoney1]

Now let's see whether it will really reach 100k! Do you think it will rally straight up or there will be a correction first?

Usually in these cases of sharp rises there comes a moment of stability of the bitcoin and then a correction of the cryptocurrency, after a certain time we will see its behavior which we hope will be upwards.

 

[achawaskey]

I don't think there is need for panic, because that is what the is all about. At times it will go up and sometimes it will go down. So there is no need to panic.

 

[fastmoney1]

I don't think there is need for panic, because that is what the is all about. At times it will go up and sometimes it will go down. So there is no need to panic.

Whoever is in the business world knows that those risks are run and bitcoin does not escape that reality but the good thing has been its upward pace.

 

[Brain]

It is on the rise again it almost on $57k this moment and I'm seeing it still moving forward in days to come. So no issues at all for now. One need to keep investing

 

[rivakwa]

According to Coingecko data, BTC, which was on the rise with the news that Tesla bought BTC the previous day, rose to the level of $ 48,030. However, BTC was unable to sustain this rise. Bitcoin has lost 6% in the last 24 hours and 2% in the last hour. In some comments, there is information that investors are panicking.
Do you think this is a correction or a bearish start?

The bitcoin is a medium of exchange and as such can depreciate at times,even the almighty dollar rises and fall in economies,so the Bitcoin cannot be an exception.I can say that with all certainty the Bitcoin will risw

 

[SCAMEXPOSER]

The bitcoin is a medium of exchange and as such can depreciate at times,even the almighty dollar rises and fall in economies,so the Bitcoin cannot be an exception.I can say that with all certainty the Bitcoin will risw

Thanks for you opinion, people don't know that it is a trading assets that also has it boom and dull period. Bitcoin is not different from most commodities.

 

[Brain]

The bitcoin is a medium of exchange and as such can depreciate at times,even the almighty dollar rises and fall in economies,so the Bitcoin cannot be an exception.I can say that with all certainty the Bitcoin will risw

People should try to be used to crypto pattern by now. It works by rising and falling all the time. So when once we come to this term investing in btc will become a breeze

 

[SCAMEXPOSER]

People should try to be used to crypto pattern by now. It works by rising and falling all the time. So when once we come to this term investing in btc will become a breeze

That's why if you are on Exchange plaforms you should always have USDT for trading especially when some coins that you are sure of are down.

 

[Brain]

That's why if you are on Exchange plaforms you should always have USDT for trading especially when some coins that you are sure of are down.

Oh ready I didn't know about this, that's why we are here to learn from one another another. I believe this a good idea for a back up