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Topic: Bitcoin cycles, this is the cyclical minimum (Read 672 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
December 29, 2022, 04:45:27 PM
#70
The question is, when will it happen and that is what has been speculated so far.
Inflation requires us to adjust income and spending, especially when it looks like the economy is entering a recession.
To be honest, we don't always have to think about how to prepare money and minimize spending just for investment. In fact, we also need to invest in something that is mandatory, such as health and home / residence.

I actually know that the bear market is the right moment to invest. The more we can invest, the more likely it is to profit when the market turns around, this has probably been said a lot but still we need time and a lot of patience to get through the current economic problem.
Even speculation continues and there are many different opinions about when the bull market will occur. A good investment is an investment made using money that will not be used for anything in the future and types of investments such as housing and health are investments that must be made.
Investment does take patience and quite a long time to get profits, you just need to be patient and have to be smart about how to manage money so that it can be enough for other needs, 2022 is a difficult time, we just need to be patient and wait for good times to come.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 29, 2022, 07:50:03 AM
#69
As per the earlier start of bearish trend in this current cycle, I expected earlier bulls as well but unfortunately bitcoin got stuck into $16.5k zone for more time than unusual. This may be due to the threat of 4th wave of covid and another slow down of economic situation. We need microstrategy or elon musk kind of whale investors on board but that kind of good news are getting delayed due to fear of recession.

I agree that bulls' time is about to begin but it must have started already as we are in the last week of 2022. Anyway, this is not too late hence even bulls arrive in next 2 to 3 weeks then everything will be fine and as per cycle. Let's see what the New Year unfolds for all the bitcoiners.
legendary
Activity: 1974
Merit: 1150
December 28, 2022, 01:40:16 PM
#68
The current bearish market cycle is the right moment to collect Bitcoin and some potential altcoin assets.
At the beginning of the year if the market continues to fall then we only need to be prepared with some spare cash. adjust to financial conditions and must be strong for long-term maintenance.
When the bear market has reached its saturation point, then the time for a bull market will come, that's what we've been waiting for.
The question is, when will it happen and that is what has been speculated so far.
Inflation requires us to adjust income and spending, especially when it looks like the economy is entering a recession.
To be honest, we don't always have to think about how to prepare money and minimize spending just for investment. In fact, we also need to invest in something that is mandatory, such as health and home / residence.

I actually know that the bear market is the right moment to invest. The more we can invest, the more likely it is to profit when the market turns around, this has probably been said a lot but still we need time and a lot of patience to get through the current economic problem.
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 28, 2022, 01:22:28 PM
#67
The market has been very bearish at the moment, in fact there are analysts who say there is a possibility the market will become even more bearish during the early next year. I don't want it, but anyway we can never prevent it from happening as long as there is panic in the market. The focus right now is on investing in any dip and DCA as financially adjusted as possible. We may be at a lower level, but this cycle will be good again in the future. Now buy and hold, that's a really good option for us to do.
The current bearish market cycle is the right moment to collect Bitcoin and some potential altcoin assets.
At the beginning of the year if the market continues to fall then we only need to be prepared with some spare cash. adjust to financial conditions and must be strong for long-term maintenance.
When the bear market has reached its saturation point, then the time for a bull market will come, that's what we've been waiting for.
legendary
Activity: 3094
Merit: 1127
December 27, 2022, 05:17:44 PM
#66
Instead of thinking about a new record with a very high target for a very long time, it's better to think realistically and not get your hopes up too high as long as everyone can be grateful when they see Bitcoin rising towards $70K. Which means that a price of that size is also a new record for Bitcoin even though it is still below $100K which logically still takes time for Bitcoin to reach. And for next year I will also be happier if Bitcoin can be at $ 35K. Because everyone cannot set targets as desired if market conditions have not recovered from the impact of the FUD that occurred this year.
The market has been very bearish at the moment, in fact there are analysts who say there is a possibility the market will become even more bearish during the early next year. I don't want it, but anyway we can never prevent it from happening as long as there is panic in the market. The focus right now is on investing in any dip and DCA as financially adjusted as possible. We may be at a lower level, but this cycle will be good again in the future. Now buy and hold, that's a really good option for us to do.
Lots of so-called analysts had been floating around and throwing up lots of speculations around on what are those probable things that might happen ahead and make out some presumptions about being a cycle
but eventually these things arent really that 100% precise as we all know but it isnt really that bad to make out some read up at least. I do even hear of about that crypto winter would be ending on year
2026 which i would rather say it to be realistic at least and we wont be seeing some bullish scenario on upcoming 4 years to come. Too negative? well, i dont make myself that too hopeful
for things which arent totally that realistic to happen on shortest time as possible.
legendary
Activity: 2618
Merit: 1181
December 27, 2022, 11:59:00 AM
#65
Instead of thinking about a new record with a very high target for a very long time, it's better to think realistically and not get your hopes up too high as long as everyone can be grateful when they see Bitcoin rising towards $70K. Which means that a price of that size is also a new record for Bitcoin even though it is still below $100K which logically still takes time for Bitcoin to reach. And for next year I will also be happier if Bitcoin can be at $ 35K. Because everyone cannot set targets as desired if market conditions have not recovered from the impact of the FUD that occurred this year.
The market has been very bearish at the moment, in fact there are analysts who say there is a possibility the market will become even more bearish during the early next year. I don't want it, but anyway we can never prevent it from happening as long as there is panic in the market. The focus right now is on investing in any dip and DCA as financially adjusted as possible. We may be at a lower level, but this cycle will be good again in the future. Now buy and hold, that's a really good option for us to do.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 27, 2022, 04:32:44 AM
#64
Huge growth, at the moment it may sound a little strange, but we hope that Bitcoin will reach $ 100k in the next 2 years, but this is a very big dream, anything can happen, hope Bitcoin will reach $ 200k in 2025 this is not wrong, in fact everyone wants it to be. The target value of $200k Bitcoin is very large, of course it requires extra movement to reach it,
a new record will soon be set again.
Instead of thinking about a new record with a very high target for a very long time, it's better to think realistically and not get your hopes up too high as long as everyone can be grateful when they see Bitcoin rising towards $70K. Which means that a price of that size is also a new record for Bitcoin even though it is still below $100K which logically still takes time for Bitcoin to reach. And for next year I will also be happier if Bitcoin can be at $ 35K. Because everyone cannot set targets as desired if market conditions have not recovered from the impact of the FUD that occurred this year.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 27, 2022, 12:08:38 AM
#63
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
Huge growth, at the moment it may sound a little strange, but we hope that Bitcoin will reach $ 100k in the next 2 years, but this is a very big dream, anything can happen, hope Bitcoin will reach $ 200k in 2025 this is not wrong, in fact everyone wants it to be. The target value of $200k Bitcoin is very large, of course it requires extra movement to reach it,
a new record will soon be set again.
Well, from 19,000$ (2017) to 69,000$ (2021) on the two last previous ATHs make me believe it's solid to predict bitcoin can touch the 100,000$ mark on the next ATH. It's a 45% increasement against a 265% increasement of the previous cycle. Following that reading, it seems a piece of cake for btc to hit the mentioned mark by 2024-2025.

Moreover, being extremely optimistic, the 200,000$ goal doesn't look impossible too... It's a 190% increasement in price from currently ATH to the desired goal. Inferior percentage to what we have already seen from 2017 to 2021. It means it's possible!
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
December 26, 2022, 10:02:13 PM
#62
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
Huge growth, at the moment it may sound a little strange, but we hope that Bitcoin will reach $ 100k in the next 2 years, but this is a very big dream, anything can happen, hope Bitcoin will reach $ 200k in 2025 this is not wrong, in fact everyone wants it to be. The target value of $200k Bitcoin is very large, of course it requires extra movement to reach it,
a new record will soon be set again.
hero member
Activity: 1246
Merit: 534
December 26, 2022, 06:45:47 PM
#61
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  

I just hope bitcoin can hit $100k by 2025, $200k is a pretty high target but for bitcoin anything is possible. There's still plenty of room to get there, as our economy also recovered in 2025 and started a new phase of growth, so a super cycle is very likely. The current bitcoin capitalization is about 300 billion, so to reach the market capitalization of 4 trillion, bitcoin only needs to increase 12-15 times.
With the way Bitcoin crash this year i dont think that the price will still reach thirty thousand in next year, because from this December being this period it's when we are supposed to be seeing the signs of Bitcoin increment, but we have not noticed any signs that Bitcoin price will try to increase, bitcoin price can only regain it's price when it comes to 2025, because nothing is showing of Bitcoin price since i havs that seeing bitcoin.
STT
legendary
Activity: 4102
Merit: 1454
December 26, 2022, 06:30:38 PM
#60
No price will move in isolation, we already acknowledge inflation is a common debasement of price accuracy.   Part of any BTC gain is this loss by other currencies, at some points in the cycle BTC makes far more sense to hold then Dollar or some other very risky currency even while BTC can go down it sometime on average realize quite reliable gains.   Long term we all know BTC has been far more able then almost anyone predicted.
  BTC at any six figures number will only be in a world that has changed and each cycle of BTC it doesnt seem able to go back fully because of this loss in value for other currencies.   My take on the last five years is currency lost half its value (apparent or not they cannot reverse back so it is lost), the central banks threaten to raise the cost of money but it would drive the fiscal budget to ruin if debt was properly serviced with rates above inflation, that doesnt happen what happens is constant prices rising including the use of BTC.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
December 26, 2022, 05:19:31 PM
#59
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
It would be pretty difficult but it could happen. What we need to remember is that when bitcoin goes up that much, usually that means we are going to see stocks go up as well. Like Apple is worth 3+ trillion and so forth type of deal.

This means if bitcoin reaches 200k, it would be possible to be the most valuable thing and more valuable than all companies, but that doesn't mean that it's impossible for apple to be higher as well, that could happen too if the stock market goes up. However, as long as we are near the top that doesn't matter, it is important to keep bitcoin in the top 10 and as long as we can do that it's going to be fine.
sr. member
Activity: 1914
Merit: 328
December 26, 2022, 04:48:01 PM
#58
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
$200k is not easy but it needs a lot of money so yeah. Once BTC reached it, it can now bypass other valuable stocks and other investment assets. Not only that but people will now value their BTC more. They will now hardly spend it and they will only stack more coins in their bags because they already have an idea that BTC has a lot of potential.

I do not think the growth of the stocks can rise because of that but it will decrease more actually because many stocks investors will be attracted to BTC. They think investing in stocks is a waste of time because they can only earn less after hodling it for a very long time but if only they do that in BTC, they can earn much more.
legendary
Activity: 2576
Merit: 1655
December 26, 2022, 04:24:36 PM
#57
All the drops that we've seen so far and the struggle to go back up have nothing to do with some dumb correlation or even the regular cycles since that was also broken a while ago. It is all about the economy crumbling down all around (most of) us. The bitcoin market with its stupid gamblers are reacting to that very predictable crisis in the economy.

There is no doubt that bitcoin will recover eventually and smash through all resistances very quickly reaching new highs that some people these days are calling "impossible to reach". But the start of it is going to be when the economy has crashed and the ruins are stabilized. Otherwise as long as it is crumbling down I don't see it stabilizing for bitcoin to rise.

Yeah and what are the chance that when the world economy recovers coincide with the next bull run around 2024-2025?

Will that be great for us? Yeah obviously the answer will be yes, nation has bounce back, inflation has been defeated, now it's time for the investors to come back again and what a perfect opportunity for them to enter the picture and fuel the next eventual bull run.

I think that will be the perfect (almost) scenario for us to see $100k or more in 2024-2025.
$100k by 2024 , that should be reasonable price .

Yes, I think we all agree to that.

But we might touch the lowest line at $10k before it's all happen , can you agree with that as well? A great spike required a hard dump and people getting panic with the current sentiment that the bitcoin price by the end of the year to early new year going down to $10k even below that price target. Keep an eye to this situation , we never know.

Doesn't matter if we hit $10k as the final capitulation in this bear market. This could be the worst scenario. But if it will catapult to $100k minimum or $200k maximum then I will  take it this bear market, continue to accumulate and wait for the next bull run. It might not sit with the majority in the beginning, but once they realized what had happen, then probably they will agree too that $10k is necessary.
legendary
Activity: 1946
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
December 26, 2022, 03:04:47 PM
#56
~snip~In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  

there will be a lot of adoptions if indeed the price of bitcoin will reach $ 200k in 2025. when the price of bitcoin reaches the expected new ATh of $ 100k, many will start to look at bitcoin again and adoption will be more intensive. Developing countries will start doing research on bitcoin and several other cryptocurrencies, or even create their own cryptocurrencies but remain bitcoin-centric. I don't expect more, I just want bitcoin to return to the previous ATH and then reach a new ATH in 4th halving cycle.
legendary
Activity: 3472
Merit: 10611
December 26, 2022, 12:32:23 PM
#55
The market cap will be bigger, it may even surpass the worldwide stock market with the highest capitalist, but I think bitcoin needs a strong run to reach the price of $200k while it's still a long way to go new records will surely be made again.
At some point we have to seriously stop using market capitalization to talk about bitcoin (or any other cryptocurrency for that matter). Bitcoin is not a company or a stock in the stock market to have market cap. It is a currency and it has to be compared with currencies like a currency. Something like money supply is more suitable to use instead. You have to consider that bitcoin is competing with all fiat currencies in the world: dollar, euro, ruble, yuan, yen, pound,... Suddenly $200k total doesn't look like much, does it?
sr. member
Activity: 714
Merit: 253
December 26, 2022, 10:44:29 AM
#54
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  

I just hope bitcoin can hit $100k by 2025, $200k is a pretty high target but for bitcoin anything is possible. There's still plenty of room to get there, as our economy also recovered in 2025 and started a new phase of growth, so a super cycle is very likely. The current bitcoin capitalization is about 300 billion, so to reach the market capitalization of 4 trillion, bitcoin only needs to increase 12-15 times.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
December 26, 2022, 07:52:52 AM
#53
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
That is a very significant growth if the next cycle is $200k but we always look at past history where bitcoin has always been a new record every cycle will in a few years we will see that price? Certainly expect something bigger for us to see regarding the price of bitcoin in the future.
The market cap will be bigger, it may even surpass the worldwide stock market with the highest capitalist, but I think bitcoin needs a strong run to reach the price of $200k while it's still a long way to go new records will surely be made again.
We already know that several countries have adopted bitcoin, it will gradually become a legal currency due to adoption.
hero member
Activity: 1862
Merit: 601
The Martian Child
December 26, 2022, 05:52:47 AM
#52
How wonderful if bitcoin reaches $200k in the next cycle. With that price, I assume bitcoin will become more valuable than the most valuable stock in the world which I believe is reasonable enough. Although the growth of stocks might also increase a lot by that time and some of them might reach $5 trillion or even more. But bitcoin by 2025 priced at around $4 trillion in market cap is huge. In order to achieve it, adoptions may need to happen, probably another country or more will adopt bitcoin as a legal currency.  
STT
legendary
Activity: 4102
Merit: 1454
December 26, 2022, 05:48:59 AM
#51
Time is a correction as well as price, if anything I think the time element is more important then the price objective people might have.   The dollar price is not a fixed worth, every year the dollar itself has varied and usually on average there is value lost from dollar worth and costs of basic goods rise.    So its quite clear even if the price was steady the value would be altering and correcting over time.
  The cycle peak and low will take time to turn over, usually its when all have lost patience it starts over.   Im going to think of it as something like a camshaft or engine cyclinder cycle, lots of variables but the exhaust vs combustion stage is what I find comparable to how we process price over time.
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