Quote from: South Park on July 20, 2021, 04:54:45 PM

Quote from: $crypto$ on July 16, 2021, 04:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

Turns out this is different the fact that btc has bucked its way to growth and has now reached a pretty good value of $34k (probably still going on) we misjudged a bit and that the previous downtrend wasn't necessarily getting any worse and these are some of the facts we know that bitcoin could strengthen again after China banned it, from the meeting of Elon Musk and Jack Dorsey there is still little role in this because Elon says it still holds some BTC and other coins.
So when bitcoin returns to $30k it must be ready for money to buy because I believe in a correction there must be a revival.