Quote from: Oasisman on Today at 12:12:58 PM

Quote from: CageMabok on Today at 11:46:17 AM

Quote from: 19Nov16 on August 23, 2023, 01:41:02 PM

Surely everyone is optimistic that the price will soon pass $ 30k, in my opinion the question is when $ 30k can happen? If you see the current situation, it is certainly very difficult to see Bitcoin can pass $ 30K, it is proven that the price since March which can reach $ 30k and then go down again as it is happening now.

The price drop from $30K to $26K is a price drop that falls into the normal category and not a very large number price drop in Bitcoin, so the price of $30K is still possible to be reached and even surpassed by Bitcoin again this year because of the move and the time that Bitcoin has to go from $26K to $30K isn't going to be that far although it doesn't look like it will be easier, but I'm still pretty sure that $30K can still be surpassed by Bitcoin before entering next year and I think you still have a very good feeling optimistic about it.

Any movements of price, high or low are all normal. With how volatile Bitcoin is it's not gonna be a surprise if it all fall or pump a couple of thousand dollars in just 1 day.
As we are closely approaching to the bitcoin halving where everyone are anticipating for another bull season, this is where FUDs comes in, people who's trying to drag the price down so they can accumulate more at a lower price - so, it's not gonna be a surprise as well if there's several negative news that surface and could potentially affect the price, we should already get used to it especially when you're here in crypto space for quite some time already.

I also think that as the halving gets closer, the more excited people get, the more Fuds will be spread. Their aim is to freak us out and sell them cheap bitcoins. Therefore, we must be extremely vigilant as the halving event is only a few months away. Moreover, if bitcoin dumping is even more severe then there is nothing to fear and instead take the last chance to buy bitcoin cheaply. We have come a long way in the harsh bear season, we should not give up when the destination is in sight.