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[onlyprofits]

Do you think the fall in BTC prices was healthy and necessary?

ExoAlpha CIO David Lifchitz says he sees this pullback below 40,000 very healthy, as the rise in Bitcoin prices from 17K on December 11 to 41K in less than a month was a my sign. concerning because of the speed with which it was climbing. The average amplitude of Bitcoin's daily movements grew very fast and this correction is healthy to clean up the excessive growth, laying a solid foundation for 50,000.
What is your opinion on this correction?
Do you think it is healthy?

 

[Niftyicon]

He has a point and maybe he was right because as expected, even the law of gravity would have come to play at a point sooner or latter.

 

[achawaskey]

I think it is healthy, because that is what market volatility is all about, but I see Bitcoin using that as a means to reach his highest points. This fall should encourage investors to increase there investment.

 

[Makaliki]

The fall is very reasonable and healthy, the current fluctuation scale of the bitcoin will motivate us individuals and traded public companies to invest heavily in the coin for it to gain confidence.

 

[mcjerry001]

Do you think the fall in BTC prices was healthy and necessary?

ExoAlpha CIO David Lifchitz says he sees this pullback below 40,000 very healthy, as the rise in Bitcoin prices from 17K on December 11 to 41K in less than a month was a my sign. concerning because of the speed with which it was climbing. The average amplitude of Bitcoin's daily movements grew very fast and this correction is healthy to clean up the excessive growth, laying a solid foundation for 50,000.
What is your opinion on this correction?
Do you think it is healthy?

With the way I am seeing it I don't think bitcoin price will reach $50,000 in a month to this time. It might even go below $30,000 any time from now. But I pray it doesn't go below that

 

[onlyprofits]

With the way I am seeing it I don't think bitcoin price will reach $50,000 in a month to this time. It might even go below $30,000 any time from now. But I pray it doesn't go below that

I really do not know what to tell you, this market has surprised me so much, for example I did not expect the price of BTC to reach 40,000 this month

 

[mcjerry001]

I really do not know what to tell you, this market has surprised me so much, for example I did not expect the price of BTC to reach 40,000 this month

No one expected it to reach $40,000 . But when it kept on rising every day, I thought it will rise to $50,000. But in 24 hours, I it decreased to $34,000 until $31,000. This make me to think that it will not reach $50,000

 

[onlyprofits]

No one expected it to reach $40,000 . But when it kept on rising every day, I thought it will rise to $50,000. But in 24 hours, I it decreased to $34,000 until $31,000. This make me to think that it will not reach $50,000

At this point I would not know what to say to you, I did not expect that Bitcoin would rise so fast and so high, what I can assure you is every day institutions are adding that invest a large amount of money because they are convinced that Bitcoin is an excellent hedge against inflation

 

[Farhanaslam007]

Do you think the fall in BTC prices was healthy and necessary?

ExoAlpha CIO David Lifchitz says he sees this pullback below 40,000 very healthy, as the rise in Bitcoin prices from 17K on December 11 to 41K in less than a month was a my sign. concerning because of the speed with which it was climbing. The average amplitude of Bitcoin's daily movements grew very fast and this correction is healthy to clean up the excessive growth, laying a solid foundation for 50,000.
What is your opinion on this correction?
Do you think it is healthy?

Well I know that it is a part of business and fluctuation in cryptocurrency. Bitcoin have to be decreased because it was reaching the highest price. The other cryptocurrencies was so much disturbed about it. the investor was unable to invest their money into cryptocurrencies because some time the cryptocurrency hikes and sometime it decreased. so in my opinion it is good to decrease its price to stable the other cryptocurrencies.

 

[mcjerry001]

At this point I would not know what to say to you, I did not expect that Bitcoin would rise so fast and so high, what I can assure you is every day institutions are adding that invest a large amount of money because they are convinced that Bitcoin is an excellent hedge against inflation

Bitcoin price cannot be predicted correctly. I just checked the price now, what I am seeing surprise me. The price is rising. Bitcoin price is now 40,000. Is the price rising to $50,000

 

[onlyprofits]

Well I know that it is a part of business and fluctuation in cryptocurrency. Bitcoin have to be decreased because it was reaching the highest price. The other cryptocurrencies was so much disturbed about it. the investor was unable to invest their money into cryptocurrencies because some time the cryptocurrency hikes and sometime it decreased. so in my opinion it is good to decrease its price to stable the other cryptocurrencies.

Of course, it is good that the price of Bitcoin corrects, especially after that vertiginous rise to 42,000 dollars in such a short time, the correction will clean up the environment and allow a good base to be formed for the next target of BTC, 50,000 dollars.

Bitcoin price cannot be predicted correctly. I just checked the price now, what I am seeing surprise me. The price is rising. Bitcoin price is now 40,000. Is the price rising to $50,000

The idea is to reach 40,000 to lay a solid foundation for the next goal, 50,000

 

[GoldenLady]

Do you think the fall in BTC prices was healthy and necessary?

ExoAlpha CIO David Lifchitz says he sees this pullback below 40,000 very healthy, as the rise in Bitcoin prices from 17K on December 11 to 41K in less than a month was a my sign. concerning because of the speed with which it was climbing. The average amplitude of Bitcoin's daily movements grew very fast and this correction is healthy to clean up the excessive growth, laying a solid foundation for 50,000.
What is your opinion on this correction?
Do you think it is healthy?

In any cryptocurrency market, a correction should be expected if a coin has gone past it's ATH. As far as it does not hi down excessively,it will bounce back.

 

[Kunkun]

I think a lot of investors might just think of it as a minor set back if it does happen because there are lots of people who believe that Bitcoin would pass the 100k mark so fingers crossed

 

[a_jerobon]

I think the fall in price is very healthy. The cryptocurrencies are known to be volatile and so the rise and fall of price is very normal. In fact, it is giving room for bitcoin to rise higher.

 

[Balint098]

I would not call it healthy, but the boom and bust cycle is just how investment works. A lot of unpredictable factors can influence an investment instrument price in the near future. Bitcoin is no exception. Forex and stock are also experienced the same thing, so this can be considered normal.

 

[Wisdom01]

Bitcoin hitted the support level at $36k and it's currently on an impulsive move and have reached #37k as at the time of delivering this piece. If the buying pressure is stronger, it will move in an uptrend towards the resistance zone and may likely break the resistance. The dip also created a trading opportunity.

I think why it's rising at evety dip is that some people are still buying at every dip with hopes that there would be more increase ,they have seen that there are so much optimism attached and more profit could be made when it starts rising more ,

 

[Wisdom01]

We should know that indecision is not very to bitcoin. It's level of fluctuations always show that the bulls and the bears are actively involved and that's the major reason why most times, using the spot trade is very good with bitcoin. So, we cannot say that Bitcoin is totally out of the extreme fear index region.

YEah bulls and bears are actively involving in the markets ,we could see that after the price must have struggled to increase to a particular range for that day ,then after a little while ,the price would start falling rapidly evEN Within an hour , making those that have invested more loss ,If especially they did not decide to hold on to their investment and quickly sold off the coin

 

[RioRio]

The value of anything is determined by supply and demand. If demand increases faster than supply, the price goes up.Bitcoin, have a fixed maximum supply.

 

[dorcasy]

It was overdue, Because when it was at 60,000 dollars range alot of speculations were made concerning the coins aiming 100,000 dollars and this made people to blindly invest in the coin.
No doubt your money is still intact except you choose to sell of the coin,but it's wise to have a dip or pull back before reinvesting and that's what I did when it dipped to 33,000 dollars.

 

[Wisdom01]

That is to tell you that the bitcoin is actively used by the bulls and the bears. This make it a bit technical for you to be able to predict the potential movements of the bitcoin in the cryptocurrency market. The busy activities around the coin may also Present best opportunities for predictions. It all depends on the strategy the investor or the crypto experts decided to use.

Definitely with the bulls and bears control it's really hard ,the only part am always focused on is on the bullish signal , because I know how hard it is to predict a bearish movement of coin ,since coins are always on the upward direction most times , because a positive news could be established at any point in time and you could get the signal from there