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[aryan4]

The price is currently facing resistance near $ 32,800 and the 100 hourly simple moving average, according to analyst Aayush Jindal.
The pair could trade in a range with strong resistance near $ 33,500 and $ 33,800.
How do you think bitcoin movements can happen from now on?

 

[Brain]

Yeah , the moment I invested in any coin I monitor it closely though I don't set higher target initially but if the coin grow faster I increase my target.

The watch word for investors is monitoring. This is how it should be done. The market must be followed strictly to know when to buy or sell for anticipated profit

 

[Sudipta]

Yeah definitely, monitoring constantly is the key to earn the high possible profit from the investment as cryptocurrencies are volatile and the price moves every second.

 

[GoldenLady]

I think the price of bitcoin would soon start its bullish run just a little patience is needed , but most people are actually saying that it might fall further i just hope that dosent happen

I also have some money invested in it, so I hope Bitcoin doesn't go lower than it has.

But that will mean I can purchase more at a lower price before the next bull run.

 

[Sudipta]

I also have some money invested in it, so I hope Bitcoin doesn't go lower than it has.

But that will mean I can purchase more at a lower price before the next bull run.

Yeah that's right but I don't want to go for loss before buying more as more or less, falling is scaring me. Though I will not go for panic sell. I hope bitcoin recovers soon from the fall.

 

[Niftyicon]

At the moment of making this post, bitcoin is trading at over $33000. I agree with everyone who has commented about the importance of closely monitoring the market with loads of patience.

 

[aryan4]

It is the volatility we have been talking about. It changes at will and it can be on a steady pace or galloping pace. So monitoring the market is mandatory

Markets are generally always active, but volatility peaks as the days of slightly extreme buying and selling. And definitely watching the markets closely is important.

 

[Brain]

Markets are generally always active, but volatility peaks as the days of slightly extreme buying and selling. And definitely watching the markets closely is important.

That's one thing that should be done by both users and investors. Deliberately watching or monitoring the market daily. This could save one from unnecessary loss which is always lurking around

 

[aryan4]

That's one thing that should be done by both users and investors. Deliberately watching or monitoring the market daily. This could save one from unnecessary loss which is always lurking around

Yes, it is a necessity for those who make daily and shorter term transactions to watch the markets. Of course, those who make long-term investments do not have to have this kind of follow-up requirement.

 

[Brain]

Yes, it is a necessity for those who make daily and shorter term transactions to watch the markets. Of course, those who make long-term investments do not have to have this kind of follow-up requirement.

Oh well, if you assert that but I think investors for both short or long term needs to be aware of the market that they are investing in. One should always have the knowledge of whatever is going on daily. Well, I know this daily even when I'm holding my coins for now

 

[SCAMEXPOSER]

Oh well, if you assert that but I think investors for both short or long term needs to be aware of the market that they are investing in. One should always have the knowledge of whatever is going on daily. Well, I know this daily even when I'm holding my coins for now

You are very much correct because if you are not updated you may find it very difficult to understand the next line of action to take as regards your investment.

 

[Brain]

You are very much correct because if you are not updated you may find it very difficult to understand the next line of action to take as regards your investment.

That's my point exactly even those hodling their coins for long term still need to be knowledgeable about the market or do I write be in the know about the happenings in the market

 

[Sudipta]

At the moment of making this post, bitcoin is trading at over $33000. I agree with everyone who has commented about the importance of closely monitoring the market with loads of patience.

The price has again pumped up over the landmark of 35k and I think it slightly reached 38k and currently it's fluctuating between 36-37k.

 

[Reznov]

it is now at 37800 which is almost 38000$ which is a pretty good price, to be honest, that didn't surprise me because bitcoin was always like that, sometimes drops but when it increases, it sky rockets

 

[SCAMEXPOSER]

it is now at 37800 which is almost 38000$ which is a pretty good price, to be honest, that didn't surprise me because bitcoin was always like that, sometimes drops but when it increases, it sky rockets

It has dropped from the $37,800 to about $36,345 again the price margin in this range is very strong probably the buy and sell pressure here is very strong.

 

[Niftyicon]

It has dropped from the $37,800 to about $36,345 again the price margin in this range is very strong probably the buy and sell pressure here is very strong.

The price has even gone down to the realms of $34k+ as at the time of posting this. I am guessing that a lot of people decided to sell on seeing that rise earlier in the day.

 

[Sudipta]

it is now at 37800 which is almost 38000$ which is a pretty good price, to be honest, that didn't surprise me because bitcoin was always like that, sometimes drops but when it increases, it sky rockets

Yeah sadly the price dropped today. It recorded the high of 38k yesterday and today about loss of 5k. I checked the price some hours ago and it was 33k. Bitcoin is really facing high resistance.

 

[SCAMEXPOSER]

Yeah sadly the price dropped today. It recorded the high of 38k yesterday and today about loss of 5k. I checked the price some hours ago and it was 33k. Bitcoin is really facing high resistance.

Bitcoin is seriously fluctuating now with huge loss and gain to many traders, in less than 24 hours , $5000 drop is huge in my opinion

 

[Sudipta]

Bitcoin is seriously fluctuating now with huge loss and gain to many traders, in less than 24 hours , $5000 drop is huge in my opinion

Yeah absolutely, very scary and frustrating also. I had hoping that bitcoin will not fall below the 35k baseline after yesterday's rush but it felt within very short time.

 

[SCAMEXPOSER]

Yeah absolutely, very scary and frustrating also. I had hoping that bitcoin will not fall below the 35k baseline after yesterday's rush but it felt within very short time.

If you don't have the mind don't bother trading it now just wait for bull run moment or you just leave it there till after correction.

 

[Sudipta]

If you don't have the mind don't bother trading it now just wait for bull run moment or you just leave it there till after correction.

I invested when the price was around 32k and I thought to sell when the price rose to 38k line but I kept hoping the price to rise more and it felt horribly fast, so I am still holding it in hope for bitcoin to reach above 40k again. I am not going for panic sell at any circumstances.