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Topic: Bitcoin is recovering - page 2. (Read 1570 times)

member
Activity: 868
Merit: 38
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January 03, 2022, 02:04:55 AM
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 investment
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
January 02, 2022, 06:35:14 AM
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.
hero member
Activity: 1414
Merit: 542
January 02, 2022, 02:36:39 AM
a clearer assumption is that we are facing a new variant of the pandemic, the restructured economic bridge once again falls into financial and support collapse, most of the direction of support is gradually turning to health and policies to help people experiencing the pandemic. , of course, such disturbances that keep bitcoin on its way back are also affected.

We've been living in a 'new norm' already, economy has started to grow back, although we have another covid-19 strain that really affected us from November and up to this day. Nevertheless, I don't think this could be the biggest single factor that really affected the market.

Maybe the investors really smell something fishy with the way the price is moving right now. Maybe we are really in a bear market after-all. And with that, everyone will need to adjust our strategy as the market is changing, we should also adapt.
member
Activity: 588
Merit: 11
Futiracoin.com
January 02, 2022, 02:16:35 AM
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?
It's hard to predict bitcoin in these conditions, bitcoin in general is the most stable coin compared to others, but the correction makes bitcoin go back down at a price that is not so big, I also don't see this as a bull trap, but this correction is a common thing happening, but reaching new ATH is difficult for bitcoin at the moment, I predict bitcoin will make great progress in the middle of this year.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
January 01, 2022, 07:00:37 PM
 a clearer assumption is that we are facing a new variant of the pandemic, the restructured economic bridge once again falls into financial and support collapse, most of the direction of support is gradually turning to health and policies to help people experiencing the pandemic. , of course, such disturbances that keep bitcoin on its way back are also affected.
sr. member
Activity: 2422
Merit: 267
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December 31, 2021, 10:09:29 PM
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.
all of course hope like what you say that bitcoin will go into a positive trend, but it's hard to guess because the predictions of the end of the year which will reach high prices, have not been proven at all and many are disappointed.
and this situation actually has nothing to do with the covid pandemic.

but that disappointment certainly shouldn't drag on because I'm also as optimistic as you that the correction trend will end in time, if the correction stops the same as in 2021, we can be sure that in February there will be a surprise that can make everything reach its best point.
sr. member
Activity: 1638
Merit: 339
December 31, 2021, 10:20:30 AM
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.
member
Activity: 728
Merit: 48
December 31, 2021, 09:11:25 AM
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 $55K.
full member
Activity: 440
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$CYBERCASH METAVERSE
December 31, 2021, 08:21:34 AM
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.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 26, 2021, 05:53:16 AM


I can see the recovery but it's not completely bullish yet.

Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.
Keeping Hindered to even climb above 50k , there are even more dumping happened this December than Last November so i think we are now in the verge of Bearish market.
As the Bullish year is week near to end and the new one coming in which mostly the year after the Bull is Bear.
Volatility is one of the nature of bitcoin, the price can never be predicted,  it goes up and down at any time. So recovery is not something new in the market. When the price rising up its usually the time when those who have hold for longtime sometime sell.
yes like what Correction happens after each Bull , recovery happens every after Bear or at least dumping time .
sr. member
Activity: 2618
Merit: 439
December 26, 2021, 02:34:29 AM
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?
at exactly 1 month after Bitcoin still struggling to touch that 60,000 barricade so there is no sense in telling that it is really a recovery .
maybe slightly but now it is assured that there is no another ATH coming this 2021 , i think everyone will agree on that.
but staying positive wont hurt us actually so lets see what's coming next .
full member
Activity: 1708
Merit: 105
December 26, 2021, 02:13:07 AM

I can see the recovery but it's not completely bullish yet.

Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.

In the process of moving forward again, yes, it's not really an assurance even we experienced some small rise
The chance to see another correction is very possible to happen. Bitcoin is still unpredictable. We need to asses
and make sure not to judge too quick or not to rush to avoid making mistake and lose your investment.
for the past few months bitcoin seems to be comfortable with the current price, doesn't want to go down too deep and doesn't try to get past the ATH that has been created again. Is this a preparation for the next step in 2022, where there should have been a correction at the beginning, or will there be a surprise like this year that actually saw an increase.

if you want to invest in bitcoin, you don't need to be afraid of what the current price will be because when the halving occurs it will certainly reach renewable ATH, but if you can buy it when the price is corrected, it's certainly very good.
hero member
Activity: 2632
Merit: 833
December 24, 2021, 10:10:19 PM

I can see the recovery but it's not completely bullish yet.

Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.

In the process of moving forward again, yes, it's not really an assurance even we experienced some small rise
The chance to see another correction is very possible to happen. Bitcoin is still unpredictable. We need to asses
and make sure not to judge too quick or not to rush to avoid making mistake and lose your investment.

The price has corrected itself isn't it? From our last all time high of $68k and now we barely make it to $50k. If not for the push this Christmas, I don't think we will see that price because it is a big mental barrier so far.

So we are a long way ahead for the recovery process, on the contrary, we might be entering a bear market next year so just prepare ourself to not lose our investments.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 24, 2021, 12:41:30 PM

I can see the recovery but it's not completely bullish yet.

Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.

In the process of moving forward again, yes, it's not really an assurance even we experienced some small rise
The chance to see another correction is very possible to happen. Bitcoin is still unpredictable. We need to asses
and make sure not to judge too quick or not to rush to avoid making mistake and lose your investment.
hero member
Activity: 2716
Merit: 904
December 24, 2021, 11:10:16 AM
This recent move is best case scenario pretty much for the shorter term.  Of course BTC quite uniquely will keep on trading over holidays no matter what so not the highest volume but still should help outlast various moving averages and provide some fuel towards an attempt at higher levels of resistance.   Its past weekly average and upto the monthly average about here now, decent looking 4hr bars on the chart; still more work required to extend this positive out further still and build.

Still need more further information about how this going, usually near christmas market going red cause of holiday, this year has many surprice and make usual decision becomes scared to take, me personally are not going to take any decision yet since the market still in sideways and let it calm first before entering a trade.
But anyway, let's hope this is the start of the new bull run.
This year has brought many surprises with many uncertainties. Over the level of 50K, which has become a new level of support, Bitcoin is trying to gain a foothold. The good thing is that Bitcoin is still attracting investors. In general, currency accumulation marks the beginning of the bullish trend.

Yes the number of investors have grown huge in 2021. Bitcoin ATHs this year has alerted many investors about crypto's growth. Yes, I heard that Investors from share market, have started investing in crypto currency especially on Bitcoin and this has brought down the trading volume in share markets. This created a demand. Today I could observe that many altcoins were bullish. Hope the trend continues and yes Bitcoin hits its next ATH by Jan 2022.


I can see the recovery but it's not completely bullish yet.

Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
December 24, 2021, 11:05:28 AM
This recent move is best case scenario pretty much for the shorter term.  Of course BTC quite uniquely will keep on trading over holidays no matter what so not the highest volume but still should help outlast various moving averages and provide some fuel towards an attempt at higher levels of resistance.   Its past weekly average and upto the monthly average about here now, decent looking 4hr bars on the chart; still more work required to extend this positive out further still and build.

Still need more further information about how this going, usually near christmas market going red cause of holiday, this year has many surprice and make usual decision becomes scared to take, me personally are not going to take any decision yet since the market still in sideways and let it calm first before entering a trade.
But anyway, let's hope this is the start of the new bull run.
This year has brought many surprises with many uncertainties. Over the level of 50K, which has become a new level of support, Bitcoin is trying to gain a foothold. The good thing is that Bitcoin is still attracting investors. In general, currency accumulation marks the beginning of the bullish trend.

Yes the number of investors have grown huge in 2021. Bitcoin ATHs this year has alerted many investors about crypto's growth. Yes, I heard that Investors from share market, have started investing in crypto currency especially on Bitcoin and this has brought down the trading volume in share markets. This created a demand. Today I could observe that many altcoins were bullish. Hope the trend continues and yes Bitcoin hits its next ATH by Jan 2022.
member
Activity: 798
Merit: 34
December 24, 2021, 10:58:26 AM
Volatility is one of the nature of bitcoin, the price can never be predicted,  it goes up and down at any time. So recovery is not something new in the market. When the price rising up its usually the time when those who have hold for longtime sometime sell.
legendary
Activity: 2618
Merit: 1181
December 24, 2021, 10:46:55 AM
We can only observe this all the time, but by Christmas bitcoin is getting better can this be said to be a sign that a recovery is coming?
One thing that is certain is that the bitcoin price is on the right track to recovery although it is not certain that it is a bullish sign that it will probably be during the end of the year or early next year.

But I'll be complacent when I take the chance before.
Good potential may still await next year, but whoever took advantage of the previous correction by buying bitcoin then now they will have to be content with the profit. Market growth is still highly expected, of course. But we should not take this rise as a bullish signal without analyzing and weighing the risks. This is an important part of trading.
sr. member
Activity: 2156
Merit: 323
December 24, 2021, 10:02:55 AM
This recent move is best case scenario pretty much for the shorter term.  Of course BTC quite uniquely will keep on trading over holidays no matter what so not the highest volume but still should help outlast various moving averages and provide some fuel towards an attempt at higher levels of resistance.   Its past weekly average and upto the monthly average about here now, decent looking 4hr bars on the chart; still more work required to extend this positive out further still and build.

Still need more further information about how this going, usually near christmas market going red cause of holiday, this year has many surprice and make usual decision becomes scared to take, me personally are not going to take any decision yet since the market still in sideways and let it calm first before entering a trade.
But anyway, let's hope this is the start of the new bull run.
This year has brought many surprises with many uncertainties. Over the level of 50K, which has become a new level of support, Bitcoin is trying to gain a foothold. The good thing is that Bitcoin is still attracting investors. In general, currency accumulation marks the beginning of the bullish trend.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
December 24, 2021, 09:33:21 AM
I thought it is but after almost making it back to 50k , Now the price remains 48k and slowly fading again.

Do you really think that Christmas is a good time? or even in New year we will not be seeing any growth or the much awaited another ATH for Year ending?

anyway let us be contented , besides we can do nothing for this occasion .
We can only observe this all the time, but by Christmas bitcoin is getting better can this be said to be a sign that a recovery is coming? I know it's reverting back to its resistance but I'm not sure it will last and could lead to any fading maybe when bitcoin $55k will fall again or will rally that I need to watch.
But if we can get through Christmas and the holidays with prices still above $55k then I'm sure this can lead to good market growth.
But I'll be complacent when I take the chance before.
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