Bitcoin first week price speculation - page 3.

Kemarit

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Quote from: traderethereum on January 05, 2022, 09:29:13 PM

Quote from: ?? on ??

I won't be surprised if the btc price dump more. I'm not excited about its speed. But one thing everyone has to accept is that it will never go the same way. Of course there can be some exceptions. However, my personal opinion is that it will not move much now. It could be Bull run in March.

what goes up, comes down and vice versa.
Bitcoin broke $45K support, it's causing an unevenness in the graph. we're heading either 42K or recover some liquidity at more significant levels in next couple of hours. Correction nothing wrong with it, more persistence implies more gain.

Maybe we will head over to the $40k-$42k range level if bitcoin can not hold the price not go down for more.
In this situation, we need to be ready for anything and prepare some money to buy back Bitcoin at a low price.
In the first week of this year, we see that bitcoin is still made a correction. Even the price is going down from the first day of the New Year.
But we do not have to feel bad because we already have this experience before knowing what we need to do.
Calm down, do not panic, and you will see something you can use for yourself.

It seems to be that way though, worst case is below $40,000 within the week, ouch.

But in any case, as you have said, for those who have been seen the worst, there's no need to panic. On the contrary, if you have extra funds, take this as an opportunity to accumulate more BTC in your wallet and look for the long term.

Of course we don't want to see a long bearish market that will last for years, however, it's inevitable, but what we can do is buy a lot of Bitcoin because it is going to be very cheap.

bittraffic

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Quote from: Fundamentals Of on January 05, 2022, 10:03:19 PM

Quote from: bittraffic on January 05, 2022, 08:52:54 PM

Quote from: Fundamentals Of on January 05, 2022, 08:30:51 PM

The start of the year is basically a carry-over of the past year. So buying is still the best option. The price has not yet found its bottom. We are not yet changing direction for now. The final days of 2021 are basically the same with the early days of 2022. But the year has so much promises so it is best to stack now while the price is really low. As of this posting, the price has even went as low as $43,000. Let us all stack sats as much as possible.

Although buying is a good option now, I'm just not doing it for we have yet know where the price will go. I'd be losing a good amount if I buy this time if it goes back to $40,000.

I converted my coins to BUSD already, it could be a bit late but I'm assuming this will just get worse. It's still BTC that I'm going after when the market goes bulls again. But if it's going downwards below $40000 the bear market last 2018 could recur again and not hit that $100K bull mark.

Please forgive me if I consider your actions indicative of a weak hand. I could have understood you if you think this time is not the perfect time to buy, although I still disagree, but converting to a stable coin right now? I don't think that's a wise decision. That's a decision made out of fear, if not panic. But since you are talking about the 2018 scenario, I am almost certain bad things are already running wild in your imagination.

Buying at $43,000 when the ATH is at $69,000 is not bad. Converting at $43,000 when the ATH is $69,000 is definitely bad.

Probably the wildest imaginations I've got which I have also converted a few of my altcoins to BUSD when the price was $52,000. It's a wild ride for me but I really think this is a good decision for now until I can see a better direction of where the market is really going.

Until I don't see the market bottom out. The bull already tried two times to achieve $100K through hyping the memecoins and NFTS, it's close to impossible for now the price has to come down before going up again.

Fundamentals Of

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Quote from: bittraffic on January 05, 2022, 08:52:54 PM

Quote from: Fundamentals Of on January 05, 2022, 08:30:51 PM

The start of the year is basically a carry-over of the past year. So buying is still the best option. The price has not yet found its bottom. We are not yet changing direction for now. The final days of 2021 are basically the same with the early days of 2022. But the year has so much promises so it is best to stack now while the price is really low. As of this posting, the price has even went as low as $43,000. Let us all stack sats as much as possible.

Although buying is a good option now, I'm just not doing it for we have yet know where the price will go. I'd be losing a good amount if I buy this time if it goes back to $40,000.

I converted my coins to BUSD already, it could be a bit late but I'm assuming this will just get worse. It's still BTC that I'm going after when the market goes bulls again. But if it's going downwards below $40000 the bear market last 2018 could recur again and not hit that $100K bull mark.

Please forgive me if I consider your actions indicative of a weak hand. I could have understood you if you think this time is not the perfect time to buy, although I still disagree, but converting to a stable coin right now? I don't think that's a wise decision. That's a decision made out of fear, if not panic. But since you are talking about the 2018 scenario, I am almost certain bad things are already running wild in your imagination.

Buying at $43,000 when the ATH is at $69,000 is not bad. Converting at $43,000 when the ATH is $69,000 is definitely bad.

traderethereum

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Quote from: ?? on ??

I won't be surprised if the btc price dump more. I'm not excited about its speed. But one thing everyone has to accept is that it will never go the same way. Of course there can be some exceptions. However, my personal opinion is that it will not move much now. It could be Bull run in March.

what goes up, comes down and vice versa.
Bitcoin broke $45K support, it's causing an unevenness in the graph. we're heading either 42K or recover some liquidity at more significant levels in next couple of hours. Correction nothing wrong with it, more persistence implies more gain.

Maybe we will head over to the $40k-$42k range level if bitcoin can not hold the price not go down for more.
In this situation, we need to be ready for anything and prepare some money to buy back Bitcoin at a low price.
In the first week of this year, we see that bitcoin is still made a correction. Even the price is going down from the first day of the New Year.
But we do not have to feel bad because we already have this experience before knowing what we need to do.
Calm down, do not panic, and you will see something you can use for yourself.

bittraffic

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Quote from: Fundamentals Of on January 05, 2022, 08:30:51 PM

The start of the year is basically a carry-over of the past year. So buying is still the best option. The price has not yet found its bottom. We are not yet changing direction for now. The final days of 2021 are basically the same with the early days of 2022. But the year has so much promises so it is best to stack now while the price is really low. As of this posting, the price has even went as low as $43,000. Let us all stack sats as much as possible.

Although buying is a good option now, I'm just not doing it for we have yet know where the price will go. I'd be losing a good amount if I buy this time if it goes back to $40,000.

I converted my coins to BUSD already, it could be a bit late but I'm assuming this will just get worse. It's still BTC that I'm going after when the market goes bulls again. But if it's going downwards below $40000 the bear market last 2018 could recur again and not hit that $100K bull mark.

Fundamentals Of

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The start of the year is basically a carry-over of the past year. So buying is still the best option. The price has not yet found its bottom. We are not yet changing direction for now. The final days of 2021 are basically the same with the early days of 2022. But the year has so much promises so it is best to stack now while the price is really low. As of this posting, the price has even went as low as $43,000. Let us all stack sats as much as possible.

boyptc

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Quote from: Slow death on January 05, 2022, 06:35:31 PM

Quote from: boyptc on January 05, 2022, 05:54:53 PM

The year has just started and there are a lot of months to go.

Of course, as every year there are many months but this does not mean that in these coming months the price will recover, it may be the case that the price will drop even more in the next few months

There's nothing to be gone if we're just going to observe and hope that there will be a recovery for the upcoming months to come.

Just like last year, after bitcoin goes on its ATH, the plummet suddenly came and made bitcoin $28k and there were several months left. IIRC, that was on end of 1st quarter or first weeks of 2nd quarter when that drop happened.

And eventually, the recovery came and that made me think that it could have the same move for this year although might not be the same in prices.

Slow death

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today the price is falling a lot, it is below $44000 and that is definitely not a good thing, in case of breaking resistance that is at 41000$ the price could drop to $37000 and that is not good, we need to see how far this support is above $40,000 can hold so that the price can recover and have a trend reversal to an uptrend

Quote from: boyptc on January 05, 2022, 05:54:53 PM

The year has just started and there are a lot of months to go.

Of course, as every year there are many months but this does not mean that in these coming months the price will recover, it may be the case that the price will drop even more in the next few months

boyptc

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Quote from: StreakW on January 05, 2022, 07:20:34 AM

Bitcoin price has not risen in the first week of 2022, bitcoin is still difficult to break through the $50,000 price level. However, I expect a bitcoin rebound signal for the next two weeks, although confidence is low as daily stochastics do not confirm near-term oversold conditions.

The year has just started and there are a lot of months to go.

Although it seems not good to see how it started and we see a welcoming dump for this week. Well, what can we expect? But the good thing in here is that we've seen it already.

And you call what's next after a dump and usual dropping in bitcoin's price and I'm with you with a rebound after this.

perfect999

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Quote from: Epaper on January 04, 2022, 09:06:18 AM

I think the first week of 2022 bitcoin has not shown any bullish signs because since the end of 2021, the Bitcoin price is still dropping below $50,000. The decline in the price of bitcoin is also likely to continue until the end of January 2022.

Agree with your view, I don't see bitcoin pumping in January, the previous year's correction was not able to restore bitcoin at this time, so the chance for bitcoin to reach a high price in January is quite difficult, but I see in early March the possibility of bitcoin pumping, rising January and February are a total recovery for bitcoin, let's wait until that month, hopefully bitcoin can provide maximum selling value.

January is usually not the year we end up with a huge increase, it takes a while before we increase. I am guessing that spring could be the real increase, march will be the month where we slowly see some waking up, not a lot, just a small bit, then by the time April comes around we are going to see the peak, I am expecting a new ATH around those periods, and then during May it will have a small tiny correction, like maybe back to 70k or something and during summer there is a good chance we could have a crash and then try to recover that during September or October. This is usually how it is in crypto world and I do not see a reason why it should change.

StreakW

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Bitcoin price has not risen in the first week of 2022, bitcoin is still difficult to break through the $50,000 price level. However, I expect a bitcoin rebound signal for the next two weeks, although confidence is low as daily stochastics do not confirm near-term oversold conditions.

Epaper

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I think the first week of 2022 bitcoin has not shown any bullish signs because since the end of 2021, the Bitcoin price is still dropping below $50,000. The decline in the price of bitcoin is also likely to continue until the end of January 2022.

Mpamaegbu

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Quote from: Charles-Tim on December 31, 2021, 03:29:35 AM

First week of the year effect
$BTC returns first week of:
2021 +36%
2020 +13%
2019 +7%
2018 +18%

I've a bearish expectation for Bitcoin this year. Nevertheless, I will keep an eye on this info this week because of the data you've shared here. I will like to see how it goes so as to know what to expect too whether price direction will go south or north. From my calculation, if it does anything close to 30% that should be a plus for Bitcoin and then we should expect that the bull rally will continue.

Quote from: peter0425 on January 03, 2022, 10:15:53 PM

But the next quarter is the trend setter i believe because there are more investors that will re enter the market after the bear quarter.

That will be from April, right? I'm of the opinion that Bitcoin will be bearish first quarter of the year but let's still see how things pan out.

wajik-tempe

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Quote from: adaseb on January 03, 2022, 11:04:23 PM

This should be an interesting week. For those that don’t know. Bitfinex had massive bids for the past few weeks. And lately FTX and Bitmex have huge sell interest. There are massive sells in the $47K area.

Seems that they are trying to trigger the stops in the $45K area. So in the next few days we should get a guide on the outlook for Q1. The stock market had a huge rally today which if correlation is present means we might have a bullish quarter.

I prefer not too confident at this time, prepare for any worst condition and ready to cash out and buyback when it breaks another support because last year was really a golden year for crypto, if this year hype is not the same just like last year, i'm worry this year will be the whole bear season just like in 2018-2019. So it's better to keep up to date to the news and the market condition at least every day once we check it so we won't loss so much value if something terrible happen.

adaseb

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This should be an interesting week. For those that don’t know. Bitfinex had massive bids for the past few weeks. And lately FTX and Bitmex have huge sell interest. There are massive sells in the $47K area.

Seems that they are trying to trigger the stops in the $45K area. So in the next few days we should get a guide on the outlook for Q1. The stock market had a huge rally today which if correlation is present means we might have a bullish quarter.

peter0425

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3 days before the week ends , but still instead of growing bitcoin continues to reddish .and i hate to admit but this week will be a bearish i guess.

But the next quarter is the trend setter i believe because there are more investors that will re enter the market after the bear quarter.

crwth

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The price fluctuation in this week hasn't reached the peak percentage that you can say that it's going to be the same as the previous years. And to be clear, the percentages you had included in the price of BTC when it entered 2022 and then compared to the ending of the first week, probably Saturday? Is that correct? There's nothing much included in the tweet or any figures to check, just yours.

I do hope that it's going to be fruitful the whole year.

michellee

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Although bitcoin will have a big chance to increase back, that still hard to know the right time. It seems the correction has already come to the market as we see the price is down to the $46k level and do not know how deep the price will go down. If we look at the last year, the price is starting to go down so we should prepare our money to buy back at a lower price because who knows, after this correction, the price will soar to the higher price. If the price is not rising but stays at a low price level, we can hold it and manage our patience because sooner or later, the price will increase.

STT

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I remain open to positive price action even with the negative sentiment apparent, mainly because we have outrun the initial sell off from the ATH. It does seem we have alot of doubt in the price currently. 40k is my rough target down similar to September lows but for proper break down we must first test 50 day average imo. Hitting that 'wall' with confirmation to speculators that price action upwards was limited, could then be enough to trigger greater pressure on price downwards.
Im not sure this week literally counts as some of the main trading days are holidays in some countries. The first clear week of January without any holidays might be more significant with higher volume.

Novita

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Quote from: Mamun74 on January 02, 2022, 01:00:49 PM

The first week of the year bitched price won’t surprise coz price around between same but i believe that bitcoin price will be more increase than 2021.Bitcoin is little dupm. Decentralization will never be stable. Now bitcoin price is $47.5k+ I hope BTC price will be reached $65-70k+ this year.

I see it will have an impact this year, the first week or first month will not make a big bitcoin dump, because the correction position must recover slowly, to recover it will have to wait for time, despite the fact that bitcoin will increase this year, and I'm sure for this year regarding the price will increase and maximize, but anything can happen in crypto, although there is a great chance that it will be dumped after the correction.

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