Bitcoin and Crypto Winter | Bitcointalksearch.org

Abiky

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Quote from: Minecache on October 30, 2022, 05:29:34 PM

If what you say is true then bitcoin should have been up for a long time, not bitcoin that is falling and is likely to fall even more if inflation continues to rise. Yes, while inflation occurs, everyone wants to find something to fight inflation, but not everyone can do it when the prices of food, consumer goods...everything goes up 20-30% and people won't have enough to spend on a daily basis let alone invest to fight inflation. Maybe in the next crisis bitcoin will be the option but for now it is not the best option, when it also cannot avoid the effects of inflation.

It's not inflation, but rather rising interest rates from central banks worldwide. That's what's pressuring Bitcoin's price these days. Remember, Bitcoin was soaring towards new ATHs in price at a time where inflation was beginning to rise (2020). The Russo-Ukraine war and central banks' actions, have led us to this point where both stocks and crypto are having a hard time recovering in price. It's going to take quite a long time before the crypto winter comes to an end. Many have predicted 2024 to be a bullish year for crypto, so why not go ahead and buy some more BTC before this happens? Just my thoughts Grin

mich

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Bitcoin is low right now and it’s hard to pin down the exact reasons. I have been following BTC during the Ukrainian invasion by Russia and BTC has been relatively stable.

The rest of the crypto market is looking pretty attractive because it’s more speculative to big firms and war time is not great for risk.

I have buying positions in and I’m following the news but right I’m holding my positions to see how things shake out with the ongoing war. We will make it though this 'crypto winter' if this is what we want to call it at the current time.

Fatunad

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to predict the lowest bitcoin price, it's very difficult especially since I'm still a beginner in bitcoin and crypto, but in my opinion the highest bitcoin price for the next bul run is 175000 dollars.

Noob or veteran it wouldnt really matter because no one really knows on what the future looks like.Its all random and pure speculation on whatever analysis been thrown out on the market.
For a market something like this then it would really be that normal that there's a crypto winter or bearish period where everything is on red.We cant really have a market that do continue
to rise up like forever since thats not how the market works nor behaves.This is why whenever you have decided on stepping your foot into this market then you should have
prepared yourself into these things.Its normal to be that emotionally affected but needing to control do really need on doing so.

lizarder

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Quote from: wmaurik on November 02, 2022, 05:04:03 AM

Those who still think it's a kind of myth don't need to think about it because it's only about the way of thinking of each person and also the assumptions of each person, because they also have their own reasons when they consider it a myth. But I personally also don't think that the ATH pattern will occur in the same size, because the price of Bitcoin itself which is still often fluctuating in the market makes the price level and ATH very likely to be different every year and also in a cycle that is considered a myth by some people.

There is no denying that bitcoin does have a degree of volatility, which is why it can maintain value in the long term as well as the short term, with the accumulated amount of bitcoins available, although we cannot ignore the corrections that occur along the way
However, the achievement of the next ATH, is a step after a long correction takes place, the role of the four year cycle will be seen once this process is passed.

Quote from: wmaurik on November 02, 2022, 05:04:03 AM

Currently there are no signs of bulls and ATH on Bitcoin because logically the current Bitcoin price is still very far from the ATH that happened last year. But I believe that Bitcoin price will get a slight improvement this year which will be great for everyone too although maybe not good enough for those who bought at high prices last year.

This week bitcoin is back in the correction process where the current price has reached $ 20k, I predict for December bitcoin will experience a gradual correction, this is a good move to buy, but I don't think bitcoin will fall below that price.
For those who bought at high prices, maybe waiting for a recovery is the best way now, but for people who want to take part, now is the right time to enter the market.

wmaurik

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Quote from: lizarder on November 01, 2022, 01:23:34 PM

Even so, many people still regard this as a kind of myth, sometimes the four year cycle doesn't work out according to the previous price levels. For example, the achievement of ATH in 2021, people will think this pattern will experience the same thing in the next four years, although the price in the following year may be different from the previous year.

Those who still think it's a kind of myth don't need to think about it because it's only about the way of thinking of each person and also the assumptions of each person, because they also have their own reasons when they consider it a myth. But I personally also don't think that the ATH pattern will occur in the same size, because the price of Bitcoin itself which is still often fluctuating in the market makes the price level and ATH very likely to be different every year and also in a cycle that is considered a myth by some people.

Quote

If I'm not mistaken bitcoin broke its high price on 20-10-2021, this shows that bitcoin's strength can hold value far more perfectly than any other investment, although without ignoring the correction in bitcoin's journey. For now there is no sign of bitcoin going through its next ATH. What do you think?

Currently there are no signs of bulls and ATH on Bitcoin because logically the current Bitcoin price is still very far from the ATH that happened last year. But I believe that Bitcoin price will get a slight improvement this year which will be great for everyone too although maybe not good enough for those who bought at high prices last year.

lizarder

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Quote from: wmaurik on October 27, 2022, 12:15:55 PM

The fact that you stated is actually a success that has happened and exists in Bitcoin. So that one will also not be wrong if they have to believe in the cycle and it will also not be worse if they consider it a myth even though most people who have known Bitcin for a long time have seen it happen with Bitcoin. Personally I still believe in 4 year cycles like you said, but that could also change when there is an earlier pump going on in Bitcoin before cycle time.

Even so, many people still regard this as a kind of myth, sometimes the four year cycle doesn't work out according to the previous price levels. For example, the achievement of ATH in 2021, people will think this pattern will experience the same thing in the next four years, although the price in the following year may be different from the previous year.

If I'm not mistaken bitcoin broke its high price on 20-10-2021, this shows that bitcoin's strength can hold value far more perfectly than any other investment, although without ignoring the correction in bitcoin's journey. For now there is no sign of bitcoin going through its next ATH. What do you think?

wmaurik

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Quote from: 2stout on October 29, 2022, 11:39:24 PM

With all the inflation going on globally, I don't think increased demand is going to be a problem as people will research for an inflationary, anti-fiat solution and will be pointed into the direction of Bitcoin and choose on their own accord.

The problem is that not everyone can get directions to choose Bitcoin when fiat inflation is still going on, because there are still many people who don't know how Bitcoin will work in each year. Although it is generally clear that Bitcoin can be used as a solution to fighting inflation, those who are not familiar with Bitcoin will still feel inflation without thinking of a better solution. Because not everyone wants to direct other people to Bitcoin if the person being directed is not familiar with Bitcoin in general.

Minecache

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Quote from: 2stout on October 29, 2022, 11:39:24 PM

Quote from: Minecache on October 29, 2022, 09:06:47 PM

snip

With all the inflation going on globally, I don't think increased demand is going to be a problem as people will research for an inflationary, anti-fiat solution and will be pointed into the direction of Bitcoin and choose on their own accord.

If what you say is true then bitcoin should have been up for a long time, not bitcoin that is falling and is likely to fall even more if inflation continues to rise. Yes, while inflation occurs, everyone wants to find something to fight inflation, but not everyone can do it when the prices of food, consumer goods...everything goes up 20-30% and people won't have enough to spend on a daily basis let alone invest to fight inflation. Maybe in the next crisis bitcoin will be the option but for now it is not the best option, when it also cannot avoid the effects of inflation.

2stout

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Quote from: Minecache on October 29, 2022, 09:06:47 PM

Quote from: Abiky on October 29, 2022, 08:05:30 PM

Quote from: wmaurik on October 28, 2022, 09:04:48 AM

Those who have been involved in Bitcoin for a long time will certainly believe in the four-year cycle, especially if they have experienced two cycles with different price levels for eight years, obviously they will not consider this a myth. But for those who don't believe in Bitcoin or who only know Bitcoin from other people's talk, then they will consider this a myth and will even laugh at those who believe in the four year cycle.

That's certainly true, mate. Newcomers into crypto or even haters don't think Bitcoin will go up after every halving since they truly don't understand how it works. But crypto veterans like myself know that BTC's price usually goes up after each halving cycle (especially one year after the halving takes place). If history repeats itself, it's possible Bitcoin will reach a new All-time-high in price by 2025. That is if the global economy isn't in a bad state like it is right now.

The crypto winter is usually painful if you sell crypto to make a living within the short-term. But if you're in it for the long haul, it shouldn't be a problem. I'm pretty sure BTC will hit $100k in the future due to the way it was designed (deflationary mechanism). Just be patient and you'll be able to see great results in the future. Just my opinion

The deflationary mechanism is only part of the bitcoin price going up, in order for bitcoin to continue to soar in the future, we also need increased demand for bitcoin. Without demand for bitcoin, deflation will not help bitcoin reach new ATHs.

Those who don't believe in bitcoin or newbies don't believe in 4-year cycle, but as long as bitcoin continues to rise after the halving then those people will start to believe and will invest more and more in bitcoin. Thereby driving bitcoin bigger and bigger, increased demand plus deflation will definitely make bitcoin price increase in the future, not just stopping at 100k USD.

With all the inflation going on globally, I don't think increased demand is going to be a problem as people will research for an inflationary, anti-fiat solution and will be pointed into the direction of Bitcoin and choose on their own accord.

Minecache

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Quote from: Abiky on October 29, 2022, 08:05:30 PM

Quote from: wmaurik on October 28, 2022, 09:04:48 AM

Those who have been involved in Bitcoin for a long time will certainly believe in the four-year cycle, especially if they have experienced two cycles with different price levels for eight years, obviously they will not consider this a myth. But for those who don't believe in Bitcoin or who only know Bitcoin from other people's talk, then they will consider this a myth and will even laugh at those who believe in the four year cycle.

That's certainly true, mate. Newcomers into crypto or even haters don't think Bitcoin will go up after every halving since they truly don't understand how it works. But crypto veterans like myself know that BTC's price usually goes up after each halving cycle (especially one year after the halving takes place). If history repeats itself, it's possible Bitcoin will reach a new All-time-high in price by 2025. That is if the global economy isn't in a bad state like it is right now.

The crypto winter is usually painful if you sell crypto to make a living within the short-term. But if you're in it for the long haul, it shouldn't be a problem. I'm pretty sure BTC will hit $100k in the future due to the way it was designed (deflationary mechanism). Just be patient and you'll be able to see great results in the future. Just my opinion

The deflationary mechanism is only part of the bitcoin price going up, in order for bitcoin to continue to soar in the future, we also need increased demand for bitcoin. Without demand for bitcoin, deflation will not help bitcoin reach new ATHs.

Those who don't believe in bitcoin or newbies don't believe in 4-year cycle, but as long as bitcoin continues to rise after the halving then those people will start to believe and will invest more and more in bitcoin. Thereby driving bitcoin bigger and bigger, increased demand plus deflation will definitely make bitcoin price increase in the future, not just stopping at 100k USD.

Abiky

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Quote from: wmaurik on October 28, 2022, 09:04:48 AM

Those who have been involved in Bitcoin for a long time will certainly believe in the four-year cycle, especially if they have experienced two cycles with different price levels for eight years, obviously they will not consider this a myth. But for those who don't believe in Bitcoin or who only know Bitcoin from other people's talk, then they will consider this a myth and will even laugh at those who believe in the four year cycle.

That's certainly true, mate. Newcomers into crypto or even haters don't think Bitcoin will go up after every halving since they truly don't understand how it works. But crypto veterans like myself know that BTC's price usually goes up after each halving cycle (especially one year after the halving takes place). If history repeats itself, it's possible Bitcoin will reach a new All-time-high in price by 2025. That is if the global economy isn't in a bad state like it is right now.

The crypto winter is usually painful if you sell crypto to make a living within the short-term. But if you're in it for the long haul, it shouldn't be a problem. I'm pretty sure BTC will hit $100k in the future due to the way it was designed (deflationary mechanism). Just be patient and you'll be able to see great results in the future. Just my opinion

AakZaki

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Quote from: Piesel on October 27, 2022, 05:52:39 PM

I don't speculate any evil days ahead since Bitcoin market is an unpredictable one, but then we must be prepared for whatever happens in the future, and since Bitcoin is a highly volatile asset it becomes unnecessary to predict what its future holds.

But then again I see a bright day she'd for both bitcoin and some other good altcoin.

Making predictions is necessary, because predictions will give a little picture of what will happen in the future. Although the prediction will not be 100% accurate, but at least you can know what to prepare. The point of technical analysis is to find out what will happen to market prices in the future. Everything has been calculated and the history of bitcoin repeating itself is a marker or a clue. History will not repeat itself exactly, but will be influenced by other developments. sunny days for bitcoin and some of the top altcoins will be pretty good in the future and don't be too skeptical about the unpredictable bitcoin market.

KaliLinux

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Quote from: Myleschetty on June 13, 2022, 12:12:56 PM

Quote from: Marvell1 on June 13, 2022, 11:50:20 AM

Where will bitcoin's final bottom level be during this bear season

No one can know the actual bottom price of the Bitcoin market but according to the historical price of BTC, it appears to always lost around 80%-95% of its ATH price when it total market correction.

Even as at the current market price, BTC has dropped about -73% from the last ATH and from what you are saying, If the market will follow the previous level of drop from their ATHs, dropping -80% will put BTC price at around $13k+ and a dip to -90% will mean that BTCitcoin will be trading around $6k+, I really don't see that happening.

Quote from: Myleschetty on June 13, 2022, 12:12:56 PM

In the next bullish season, it is certain that BTC will make the $100K price that was predicted for the previous bullish market.

This is also possible looking at how much the Bitcoins price have to rise from the bottom of $3k+ 2018 to the 2021 ATH of $69+, more than 2000% and from current trading BTC to $100k would be about +450%. Even if we still see a bit more dip in price, I believe next ATH would surpass $100k.

Learnoverse

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Crypto winter has not been over yet. We need to think that usually the floor after an ATH is around 365 and 395 days, it means, if in june we were touched the floor, this would become the earliest floor touched with 212 days... so probably we will see a next floor soon.

wmaurik

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Quote from: lizarder on October 28, 2022, 04:53:56 AM

Thus I quite understand your involvement in bitcoin, considering the four-year cycle has occurred and is experienced by us. The fact is theoretically, that the cycle is true, although sometimes it shifts from four years.
While people who think this is a myth also have a point, maybe the involvement in bitcoin hasn't reached that stage yet, or it could be that they refuse to accept bitcoin's reaction.
Therefore, regardless of whether people want to believe it or not, bitcoin history can be traced easily at this time, and with that we will also know the true bitcoin cycle.

Those who have been involved in Bitcoin for a long time will certainly believe in the four-year cycle, especially if they have experienced two cycles with different price levels for eight years, obviously they will not consider this a myth. But for those who don't believe in Bitcoin or who only know Bitcoin from other people's talk, then they will consider this a myth and will even laugh at those who believe in the four year cycle.

lizarder

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Quote from: wmaurik on October 27, 2022, 12:15:55 PM

The fact that you stated is actually a success that has happened and exists in Bitcoin. So that one will also not be wrong if they have to believe in the cycle and it will also not be worse if they consider it a myth even though most people who have known Bitcin for a long time have seen it happen with Bitcoin. Personally I still believe in 4 year cycles like you said, but that could also change when there is an earlier pump going on in Bitcoin before cycle time.

Thus I quite understand your involvement in bitcoin, considering the four-year cycle has occurred and is experienced by us. The fact is theoretically, that the cycle is true, although sometimes it shifts from four years.
While people who think this is a myth also have a point, maybe the involvement in bitcoin hasn't reached that stage yet, or it could be that they refuse to accept bitcoin's reaction.
Therefore, regardless of whether people want to believe it or not, bitcoin history can be traced easily at this time, and with that we will also know the true bitcoin cycle.

Piesel

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Quote from: dragonb on June 14, 2022, 11:19:29 AM

Today bitcoin is at its lowest level in 1.5 years - ohoh, bad times ahead if you ask me! Cheesy

No, kidding aside... I'm not worried about that. I think there will be a new all time high in a year.

I don't speculate any evil days ahead since Bitcoin market is an unpredictable one, but then we must be prepared for whatever happens in the future, and since Bitcoin is a highly volatile asset it becomes unnecessary to predict what its future holds.

But then again I see a bright day she'd for both bitcoin and some other good altcoin.

AmoreJaz

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Quote from: ?? on ??

first of all No one can predict the actual bottom price of the Bitcoin market. But an analysis of past history we can predict it could go around 80%. and the second thing is by analyzing the previous bullish market it could predicted that in the next bullish season, BTC will make the $100K price.

the table itself is showing that the price of btc is indeed increasing throughout the years. we may have experienced a lot of ups and downs, but looking at the big picture - the market price is increasing. from this market view, do you really think it is worth holding or buying btc even at today's price? in my opinion, it is!

wmaurik

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Quote from: lizarder on October 27, 2022, 10:26:38 AM

The bitcoin cycle can be interpreted once every 4 years undergoes a total change, although many people still consider this a myth, the cycle where bitcoin has a repeating pattern and reaches the next ATH, we can study this incident from 2017 to 2021.
This is a great time to buy bitcoin, given that if this cycle really worked, then we would be preparing to head to the moon.

The fact that you stated is actually a success that has happened and exists in Bitcoin. So that one will also not be wrong if they have to believe in the cycle and it will also not be worse if they consider it a myth even though most people who have known Bitcin for a long time have seen it happen with Bitcoin. Personally I still believe in 4 year cycles like you said, but that could also change when there is an earlier pump going on in Bitcoin before cycle time.

lizarder

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Quote from: AakZaki on June 14, 2022, 07:10:42 AM

just need to wait for the bullish season to occur. But for those who keep panicking they won't be able to think well. this is a good opportunity to add bitcoin assets, new ATH will be achieved again.

The bitcoin cycle can be interpreted once every 4 years undergoes a total change, although many people still consider this a myth, the cycle where bitcoin has a repeating pattern and reaches the next ATH, we can study this incident from 2017 to 2021.
This is a great time to buy bitcoin, given that if this cycle really worked, then we would be preparing to head to the moon.

Quote

We just have to wait and make good use of this crash market. Using spare capital to buy bitcoins. Buy incrementally or use the DCA strategy. ATH $100k is to be expected.

Very precise.
For retail traders, this condition can be used to make gradual purchases, reserve capital can be converted together to make purchases, the steps are carried out by maximizing existing capital and continuing to collect until bitcoin reaches the next ATH. Don't panic and don't worry, it's only a matter of time before bitcoin finds its rhythm, which is ATH $100k.

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