Quote from: taufik123 on September 04, 2023, 11:05:24 PM

Quote from: joker1313 on September 04, 2023, 02:25:02 PM

]ofcourse it keeps happening. but this time they are moving things very slow. if you look out for the whole year, we are in the 9th month and we have probably seen 4 or 5 moves only. be it upwards or downward, only 4-5 moves in 9 months is like pretty boring and non-volatile. Thats the only main cause of this discussion that whats making the market go so slow.

This is a period of consolidation that will make Bitcoin stronger with increasing volume.
We will see the peak next year during the halving and after the halving occurs, because at that moment everyone starts to believe and re-enter.

The last few months have been quite boring and Bitcoin was only able to rise to the $30k price area and is currently still holding above $25k.
and Hopefully, it doesn't break the $25k support because that determines whether bitcoin will continue to rise or drop below $20k again.

Organizing a strategy to be able to survive when the market consolidates like now will make us more confident to hold long-term.

everyone agrees on the fact that this is consolidation period going on. which is very normal in bear market but all this discussion is about how slow the market has become in these days. we have seen consolidation in 2015 and 2019 too but things were not this slow back then. one of the trader said it was even worse in 2015 which i can agree on because i was not looking at the market back then. the trends for bitcoin price is not the concern here, only the daily movement or weekly movement is too slow.