Quote from: Dhaniii on Today at 04:24:18 PM

Quote from: davis196 on Today at 11:16:44 AM

Quote from: Blank-Head on April 15, 2022, 07:19:23 PM

Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

What you are saying doesn't matter.What the so called "experts" and analysts are saying also doesn't matter.
The Bitcoin price isn't determined by people's opinions and wishes.We are living in interesting times,where uncertainty and fear are dominating the markets.Nobody knows what will happen next week or next month.Making long term plans and predictions for several years ahead seems really difficult.
The Bitcoin price is in a pretty good place right now.There is volatility,but we shouldn't get depressed every time the price makes a 5-10% drop.

I agree that bitcoin is in a very good position and not in a bearish condition. don't measure it from the peak position of yesterday's price increase with the bitcoin price now of course the market is bearish but actually the bitcoin price is experiencing a normal price. bitcoin is still priced at $40k and has lasted a very long time, so predicting when bitcoin can go up and why bitcoin can go down is certainly difficult to predict with accuracy.

The market is in a good position. Maybe some big news could make an impact over the price of bitcoin. For now it has been moving within limits and people are much into panic thinking of drop in the price. Maybe if it breaks down to $38k we'll see $35k and if the price reaches the resistance barrier of $43k then the price will move to $45k easily. As of now the market isn't bearish and I consider this movement to be the common growth pattern.