Topic: Bitcoin is about to have its biggest monthly gain since October 2021. - page 3. (Read 545 times)
August 03, 2022, 08:43:09 AM
With all respect, I think most people are overreacting whenever they see even a little price pump in the market these days, since we are in a bearish market and we expect to reach the lower levels every day any uptrend movement can be just a little price opposite correction to save the potential for reaching the lower levels, otherwise, we have to see a valid signal to say the market is changing. Generally, even if the daily candles close at higher levels we still need a long-term signal for it. What's going be happened in the next few months can be very important for the market because most experts leave the bearish season is going to last longer.
August 02, 2022, 04:04:20 AM
It is good news that the market has seen such strong action since the recent lows. I think we still have a few months of accumulation before the tides turn and the price starts it’s ascent for the next run. Support has been surprising though. The market to me feels pretty strong as we approach mtgox distribution time.
August 02, 2022, 12:56:41 AM
After the start of a much-needed bullish relief this week, bitcoin and crypto are inching closer to getting the best monthly gain since October of 2021when we had the release of the first Futures ETF Bitcoin in the US. That's indeed some much-needed and appreciated relief we are getting right now after months of constant extreme fear and red candles.
How long we will continue to rally or how sustainable this rally is, is quite debate-able but we should just get a bit happy for the moment now, we don't get such times always in crypto and especially after the years past few months. Also, we are not having any significant planned economic event next month as there is no FOMC to raise rates. So we may have some space left on this rally…
The market is nearing a gradual recovery for now, there are some coins starting to rise and finding their best, although not so maximal at standard prices, bitcoin is the most eagerly awaited for future recovery, since the correction started taking place after the new ATH achievement in 2021.How long we will continue to rally or how sustainable this rally is, is quite debate-able but we should just get a bit happy for the moment now, we don't get such times always in crypto and especially after the years past few months. Also, we are not having any significant planned economic event next month as there is no FOMC to raise rates. So we may have some space left on this rally…
The most appropriate or profitable now is to make a monthly investment scheme, meaning that we see opportunities in the short term for bitcoin, because the prolonged rally has not been able to provide guarantees, so to maximize it it is necessary to do a monthly scheme, so that the investments made can be utilized in the near future
August 02, 2022, 12:52:08 AM
Another bear market is about to set in after price failed to maintain a bullish move.
This is just as wrong as what OP said. There is no bear market on the horizon either. This is the 4th drop after the rise fails to go above the resistance level and that makes is the 4th time people call for a bear market where it clearly is a sideways market. August 02, 2022, 12:47:04 AM
Don't get too excited just yet price still struggles to stay above $22k+. This is a time to trade with extreme caution. Another bear market is about to set in after price failed to maintain a bullish move.
Two different analysis from coinmarketcap telling how complicated it is to invest at this price except for long term hodlers
Two different analysis from coinmarketcap telling how complicated it is to invest at this price except for long term hodlers
August 02, 2022, 12:38:55 AM
What rally are you talking about?
Price is still below $25k and inside the same $5k range that it has been in the past 2 months, going up and down in what clearly is a sideways market.
Besides why are you sticking "crypto" to bitcoin. Shitcoins are still pump and dumping as they have always done.
Price is still below $25k and inside the same $5k range that it has been in the past 2 months, going up and down in what clearly is a sideways market.
Besides why are you sticking "crypto" to bitcoin. Shitcoins are still pump and dumping as they have always done.
August 01, 2022, 11:49:51 PM
Before anyone gets too overconfident — a lot of times, we get the biggest short-term price increases in bear markets; so don't make conclusions solely based off this.
^Of course I'm not saying that we'll surely end up going back down either. Because no one knows.
^Of course I'm not saying that we'll surely end up going back down either. Because no one knows.
August 01, 2022, 10:31:42 PM
After the start of a much-needed bullish relief this week, bitcoin and crypto are inching closer to getting the best monthly gain since October of 2021when we had the release of the first Futures ETF Bitcoin in the US. That's indeed some much-needed and appreciated relief we are getting right now after months of constant extreme fear and red candles.
How long we will continue to rally or how sustainable this rally is, is quite debate-able but we should just get a bit happy for the moment now, we don't get such times always in crypto and especially after the years past few months. Also, we are not having any significant planned economic event next month as there is no FOMC to raise rates. So we may have some space left on this rally…
How long we will continue to rally or how sustainable this rally is, is quite debate-able but we should just get a bit happy for the moment now, we don't get such times always in crypto and especially after the years past few months. Also, we are not having any significant planned economic event next month as there is no FOMC to raise rates. So we may have some space left on this rally…
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