Bitcoin looks to be going up again

[Ononivami]

The dip and the surge in bitcoin do not bother me to some extent because the dip present a buy opportunity while the surge present a sell opportunity or an hold opportunity.

 

[Josephjossy]

that is what bitcoin and all crypto is all about, it always comes down and goes up , that is why you need to learn how to ride bitcoin before going into the business

 

[Sincerem]

The crypto currency network is a high volatility system which means there are unexpected rising or falling the prices of the crypto currency. The current rise us a good thing as investors would gain from this and can sell their crypto currency at a price which would yield profit.

 

[Sotherefore]

The crypto currency network is a high volatility system which means there are unexpected rising or falling the prices of the crypto currency. The current rise us a good thing as investors would gain from this and can sell their crypto currency at a price which would yield profit.

Now the crypto space is completely unpredictable . it was going up then but now is seriously going down. Probably we should be expecting some Bear for a long time as was predict by crypto expert some times last year.

 

[Mayox25]

Cryptocurrency is a very volatile market that is the reason for it's unpredictability and why people should exercise caution and knowledgeable about the market so as to reap the benefit either the price rise or fall.

 

[Busybee]

Due to Russia's invasion of Ukraine, Many Russians have started to use Bitcoins to conduct financial transactions, this has increased Bitcoin's adaptation and usage rate. Due to this increase in demand, the Bitcoins price has started to increase and is in a bull run now. Can expect it to go even higher since the conflict is yet to be resolved.

 

[Sotherefore]

Technical analysis is really complex , you might see the price of bitcoins moving up the next minute but goes down after sometimes, to be able to have accurate prediction on the reason why this is happening is to follow the higher timeframe.

 

[Lynaia]

Because of the rate at which bitcoin was rising then, most of you actually predicted it would have reach $100,000 but it's very unfortunate that it has been falling since beginning of this year and the value is at $16,000 now

 

[Emmy]

There should another move from any country to influence Bitcoin price because the rate of Bitcoin has decreased above 50% therefore it needs revival. Russian has been banned to use crypto now but there should be alternative.