The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.
Is it still bearish when there is currently no good situation?
How do you mean by July 23 $32k, are you predicting to be the price by few days or what ?
One thing for sure is that you have to know about btc very well as understands it, know about instability of the price as well.
I am observing the market sentiment. Everyone is not as enthusiastic about Bitcoin as before. In this situation, if there are no major benefits, people will fall asleep.
I am also thinking that the current market sentiment may not be enough until people are desperate. When that day comes, Bitcoin may start to reverse.
The current situation is expected to continue until the end of July 22nd, the price is still under the manipulation of grayscale and those who will continue to manipulate the price to make their clients earn more money.
Always like these are the best times to buy so if you are afraid stop following the price, either you buy or not follow the price, selling now will be the worst.
The best time to enter is when others fear the most. Get your funds ready. Hahahaha
Ungrateful humans. Greed can really blind and make us look in only one direction.
Bitcoin was rising for months, I think at some point there were about 6 or 7 green months. What did you expect afterwards?
Obviously there had to be a correction at some point. It happens with all markets.
Given that this is Bitcoin we are talking about, the current market trend should be seen as a blessing in disguise. An opportunity to buy Bitcoins at a discount because some months or a few years from now it could be more than triple the price some people are complaining about right now.
The callback is a good thing for Bitcoin, and it is not difficult to see that the value of Bitcoin is still growing