Category: Blog

Will Bitcoin Go Up Again Or Will It Go Down?

Classic question that I often hear in various crypto communities, the question is, is bitcoin going up again? or bitcoin has started to fall, some even ask me, will Doge coin beat bitcoin? wkwkwk in my heart I want to laugh, but it’s natural because they are still new to the crypto world, later on there will be many people who understand the difference between bitcoin and other cryptos.

The focus this time is of course on Bitcoin, because generally when bitcoin goes up, altcoins will quickly follow, yesterday’s small crash when bitcoin could return to the $50,000 mark and return to correction to $43,000 began to shake traders’ confidence, now in this article I want to give my personal view on bitcoin in 2021.

Can Bitcoin Still Go Up Again?

My opinion is that it is still very possible, the moment when bitcoin breaks above $100,000 I am still waiting patiently while collecting more bitcoins. The decline in bitcoin this year is still not as violent as it used to be, in the past, because there was no futures market, the volatility of bitcoin was very large. so for old traders it must have been more common for bitcoin to crash more than 20% in a few hours. because it’s the other way around. bitcoin can fly above 20% in a few hours anyway.

Bitcoin Bullish Trend Continues

If we look at the trend from afar, the bitcoin bullish trend in my opinion will continue, I see there will be a big wave trend. I just can’t say for sure when, it’s just the end of this year. usually this big upward trend usually begins with a crash first.

What do I have to do

If you are a loyal bitcoin investor, keep calm, just enjoy the process of collecting it, the price goes up and down if you haven’t exited or sell it is just a temporary estimate https://bot-bearproof.com/. and also make sure you have a target. because with a target, you will no longer hesitate to take profit, if not, you will only be a connoisseur of balance numbers that go up and down every minute. even though it’s difficult, you can work around it by at least taking the capital used at the beginning, and letting the profits still be in the form of crypto. but when the market does not match expectations, we have to be sincere, let’s just say that we are given more time to collect more coins.

The most important thing is that all decisions in this bitcoin transaction are indeed due to your own initiative, not because you are just joining in, or just suggestions from people you don’t know. “Don’t hang your future on people you don’t know” commitment must come from yourself so that when you gain or lose later, it’s purely from your own decision. not other people.