Quote from: Mr.Scott on June 12, 2022, 02:20:38 PM

Quote from: kotajikikox on June 12, 2022, 08:25:50 AM

Looking at the market now? it seems that we are on the direction in which you mentioned?

https://coinmarketcap.com/currencies/bitcoin/

the price of bitcoin now close to 26k and still lowering , is this the sign of the new lowest value for this year 2022?

or is there any chance that it will not fall below 25k?

We've lost 28K. Current market condition quite uncertainty, and anything could happen. Bitcoin market moving around 27-30k, and perfect opportunity for arbitrage trader. Bitcoin falls roar $28,000 and down practically 6% to $27,270 as of now. I see lot of technical analytics are taking about if we lose 25K we're heading to under 20k. Here, I'm holding up fro affirmation.

Yeah we lost it for some hours but take a look at the price again, we are now back at 28k. This is the chance that @kotajikikox is looking for. I am sure that we won't hit 25k but the price will just play on 27,28 and 29k. Not just the arbitrage trader but a normal trader can also earn on the fluctuations that we are seeing now.

Technical analysis may seem not enough but I would believe it more if they also teamed it up with fundamental analysis. It is still up to btc if what directions it will venture but whatever it may be, we don't have a choice but to go with flow. If price falls more then buy or continue hodling but if it pumps then sell and take out some profits.