We are above the weekly average so with momentum but the price action is being squeezed between these two trends and we'll have to wait for main markets decide during the week I think.
Topic: Bitcoin is recovering (Read 1587 times)
Still in decline below a downtrend I think, its hopeful but not yet positive acting imo
We are above the weekly average so with momentum but the price action is being squeezed between these two trends and we'll have to wait for main markets decide during the week I think.
We are above the weekly average so with momentum but the price action is being squeezed between these two trends and we'll have to wait for main markets decide during the week I think.
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.
Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.Do not waste time waiting for a signal and even if someone gave you a signal, there still a chance that itl fail. You do not want miss this golden opportunity are not you? So, what are you waiting for. Will you wait for 39k before you start acting? Man, that is only a 1k difference from 40k, do not be too stingy besides you can still earn that 1k or even more than that when the bull run returns.
Tough call if you are unsure and you are still waiting for any signal, but if you do believe that, it will bounce back
buying at this stage is a good opportunity. It's all about how you do your research and how you assess the market. Everything
will depend on how you anticipate and project the potential outcomes.
Deal only if you have certain plan and make sure that adjustment can be done if in case things won't go in the direction
that you are waiting, it will help you to extend your patience and not to decide that quick.
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.
Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.Do not waste time waiting for a signal and even if someone gave you a signal, there still a chance that itl fail. You do not want miss this golden opportunity are not you? So, what are you waiting for. Will you wait for 39k before you start acting? Man, that is only a 1k difference from 40k, do not be too stingy besides you can still earn that 1k or even more than that when the bull run returns.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.
Last November was good for Bitcoin's movement to crawl up, but today, January 2022 as previously predicted by experts there was a scary bloodbath as we are witnessing today.
Actually this is reasonable because the previous data already said about 'Crypto Winter' as now in the first quarter of most years passed.
So IMHO, this is a good time to buy and take profit at the end of the year, my advice is to do some deep research before kick in, good luck guys!
Actually this is reasonable because the previous data already said about 'Crypto Winter' as now in the first quarter of most years passed.
So IMHO, this is a good time to buy and take profit at the end of the year, my advice is to do some deep research before kick in, good luck guys!
I think the bloodbath has somewhat stop to $36k++, there's no more downward spiral for now as we have bounce back to $38k at the end of the year.
Of course this is still very far from the all time high we have in November, and maybe we are in a crypto winter already. Nevertheless, time to accumulate again and right, another perfect opportunity to buy and just hold and wait what will be the end of the year price will be. If the price doubles, then we know we have profited good, but if the price goes down, still a good time to hold and wait for the next eventual bull run.
Last November was good for Bitcoin's movement to crawl up, but today, January 2022 as previously predicted by experts there was a scary bloodbath as we are witnessing today.
Actually this is reasonable because the previous data already said about 'Crypto Winter' as now in the first quarter of most years passed.
So IMHO, this is a good time to buy and take profit at the end of the year, my advice is to do some deep research before kick in, good luck guys!
Actually this is reasonable because the previous data already said about 'Crypto Winter' as now in the first quarter of most years passed.
So IMHO, this is a good time to buy and take profit at the end of the year, my advice is to do some deep research before kick in, good luck guys!
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.from the correction, then produce the maximum selling value, but caution is needed to secure the investment that we make.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first. 
In my opinion, since bitcoin hit a new ATH in November, and the bear market came in early December it has had a very deep downtrend in price for bitcoin. Until now, the price of bitcoin is still experiencing a significant price decline. Therefore, bitcoin has not recovered since the price decline in early December until now where the bitcoin price is still difficult to rise to the level of $55K.
a few days ago Bitcoin was at 50k and currently dropping back to 48k I think it's still very good and not a price correction too deep with the current price it is very possible for bitcoin to hit ATH again in the near future when the bull market comes.and with what is happening in the market today I think it is still very reasonable that the crypto market price moves so fast and there is no need to worry because from what has happened in the past Bitcoin always recovers from adversity.
In my opinion, since bitcoin hit a new ATH in November, and the bear market came in early December it has had a very deep downtrend in price for bitcoin. Until now, the price of bitcoin is still experiencing a significant price decline. Therefore, bitcoin has not recovered since the price decline in early December until now where the bitcoin price is still difficult to rise to the level of $55K.
a few days ago Bitcoin was at 50k and currently dropping back to 48k I think it's still very good and not a price correction too deep with the current price it is very possible for bitcoin to hit ATH again in the near future when the bull market comes.and with what is happening in the market today I think it is still very reasonable that the crypto market price moves so fast and there is no need to worry because from what has happened in the past Bitcoin always recovers from adversity.
no matter how much the value of bitcoin drops, it will definitely pump. Especially now that bitcoin is about to reach its max supply. Many businessmen and investors will definitely invest in bitcoin when its supply reaches its limit.
And hopefully, other tokens and coins will also pump when bitcoin continues to pump. The potential of bitcoin has been tested, many have witnessed it when it started at the very first and lowest price until the net price in the market could not be stopped.
And hopefully, other tokens and coins will also pump when bitcoin continues to pump. The potential of bitcoin has been tested, many have witnessed it when it started at the very first and lowest price until the net price in the market could not be stopped.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.
We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.
The current condition is not a reference in making the range, the current failure has not determined that bitcoin is not able to provide the maximum value or price, corrections are a common thing that occurs in the market, so I don't think it's determined at this time and my belief is that bitcoin will increase in the future maximum at a high price, therefore we are waiting for this condition to occur and we must be able to take advantage of it to achieve maximum profit.hero member
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We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.
The current condition is not a reference in making the range, the current failure has not determined that bitcoin is not able to provide the maximum value or price, corrections are a common thing that occurs in the market, so I don't think it's determined at this time and my belief is that bitcoin will increase in the future maximum at a high price, therefore we are waiting for this condition to occur and we must be able to take advantage of it to achieve maximum profit.
We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
For now I don't think bitcoin will be able to reach new ATH until mid-2022, the correction is still continuing to this day, even if you pay attention to the previous month, bitcoin has not been able to recover the correction to the maximum, this means it is difficult for bitcoin to reach new ATH in the beginning year, even so I believe bitcoin in the middle of 2022 will experience a good increase, let's see what the middle of this year bitcoin will be like.On the contrary, maybe we will not see any new ATH for 2022, not until mid-2022 if we suddenly goes into a bear market. And this correction that we are seeing is not a correction per se, but the start of a downward trend similar to what we have seen during the start of 2018. And I have seen members back then doesn't want to believe or at least turning turn heads when all signs of a bear market is already here. So all I'm saying is that we should just be cautious first and see what's going on around and think that somewhat a bear is imminent in this market.
Even if that would happen I would still not discourage investing because I also see this in the past, after a bull run a long correction will come but that's alright because it's a normal thing based on the current cycle. The bear market is the time for accumulation while the bull market is the time for selling, that's pretty much it.
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
For now I don't think bitcoin will be able to reach new ATH until mid-2022, the correction is still continuing to this day, even if you pay attention to the previous month, bitcoin has not been able to recover the correction to the maximum, this means it is difficult for bitcoin to reach new ATH in the beginning year, even so I believe bitcoin in the middle of 2022 will experience a good increase, let's see what the middle of this year bitcoin will be like.On the contrary, maybe we will not see any new ATH for 2022, not until mid-2022 if we suddenly goes into a bear market. And this correction that we are seeing is not a correction per se, but the start of a downward trend similar to what we have seen during the start of 2018. And I have seen members back then doesn't want to believe or at least turning turn heads when all signs of a bear market is already here. So all I'm saying is that we should just be cautious first and see what's going on around and think that somewhat a bear is imminent in this market.
I think bitcoin in 2022 will be a positive trend where the covid pandemic is starting to disappear in some countries. although in 2022 there will be negative and positive trends as in previous years. but in my opinion the value of bitcoin will penetrate 100k.
In 2022 information of coins will change the negative you are talking and another from the positive and positive is going to be greater another, no pandemic this year and it has stopped long time every body know that cryptocurrency will have more population and more great this year 2022 if you have money invest and follow the lines of investmentand death tolls and also the infection is rising specially this past holiday that the people cares nothing again as if there are no crisis and pandemic happening.
but also pandemic is not the main reason why the market is stagnant because even when the virus is highly increasing last year yet the market makes its way to the highest .
Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.Jump to: