Quote from: CYBER_COWBOY on April 22, 2023, 04:21:42 PM

Why is BTC going down like it does the last days? Straight down.. Down around 10% (?)
From around 30K to around 27K.

Do you guys think it will turn the other way soon and go straight up again or will it keep going down?
I thinked this year would be a good BTC year and i still think it will be! But I did not see this coming to be honest.

In fact, we are in a sideway phase in bitcoin with extreme price patterns in Q2, in my opinion, because there are many things that are uncertain about the state of the world today, such as inflation, political tensions, uncertain recessions and many other crises in what are we experiencing now.
Bitcoin was snapped at 27k, it looks like bitcoin has no further downside potential for the near future.
This year will be good if you take the right bitcoin price, you doubt it just because the decline that occurred the previous day is a natural thing, maybe you can use the DCA strategy so that you have many options to choose the price of bitcoin in a certain month or week in this month, next month or beyond, bitcoin is headed for a halving that is still more than a year old, which is enough time for you to get started.

Quote from: taufik123 on April 23, 2023, 10:27:30 PM

Quote from: LogitechMouse on April 23, 2023, 01:59:50 PM

-snip-
Nevertheless, there's no need to panic if you will ask me because movements like this happen all the time. We've also seen Bitcoin going down more than 15% in just a single day, so I guess there's no need to worry about with this sudden downwards movement. You didn't see it coming? I guess you will already know what to expect in the future because this kind of movement will happen again any time soon.

It's best not to panic because movements like now are frequent. this is just an effect of the saturated market situation and needs some correction.
down 15% in a day seems to be common, even in a day, it can also be more than the current incident.

Volatile movements and even increases can also be more than 15% if the market is in a bullish state.
The important thing is to be ready with spare funds and doesn't panic.

Sometimes panic really makes plans fall apart, investments and DCA that are done will be in vain if you panic too much and are forced to sell at a loss, that's a bad choice, we might just remind you that volatility is normal even 20% increase or 20% decrease it can happen in bitcoin, but keep in mind that history has proven bitcoin always comes back to bring light to your wallet.