Quote from: Twinkledoe on Today at 10:22:04 AM

Quote from: Roidz on Today at 10:12:17 AM

Quote from: rahmatrf331 on September 18, 2021, 02:30:37 PM

current market prices are no more like the local markets we have encountered in our cities. so don't worry about market conditions that often go up and down, because supply and demand have a level of balance. the bitcoin price has entered the healing phase now and is back at $48k, meaning bitcoin will break through again at the $50k mark the middle of this month.

I see that the price of bitcoin will decline again in the next few weeks, this is because the whales are starting to try to take their short-term profits now and of course it will greatly affect the decline in the price of bitcoin, moreover the refusal of the citizens of el salvador to bitcoin can worsen bitcoin price later, even so I think this is the right time to get into bitcoin and we can keep bitcoin until the price gets better later

The El Salvador market is still small so I don't think it will greatly influence the market. On the other note, it is hard to prediction where the bitcoin's price will be in the next 24 hours or in the next few days. It can go up and down anytime, and one great news, we will see the price shooting in few hours, whereas, if there will be bad news, we can see it plummet for thousands of dollars in few minutes. So what am I saying here is that everyone can predict the price but getting it right would be hard. The factors affecting are diverse and we can't pinpoint the major ones that will give us indication of where it is going.

the market conditions are bearish right now and the market is colored red everywhere. bitcoin is back down to $47k and will most likely drop to $46k in the next 24 hours. I agree with what you said earlier that the El Salvador Market has not had much effect on the market growth in the past two years. We hope that bitcoin can be supported again from the big investors, so that the whales can bullrun again.