Topic: Bitcoin price is still in a downward trend, will it last long or temporarily? - page 5. (Read 497 times)
December 16, 2021, 09:55:42 PM
I mean, it looks like you've been here since 2017; you should know by now that no one can predict these things, especially when it comes to short-mid term price movements. Remember in the 2017 peak where some people were calling for 100k and stuff? Yea, no one knows crap.
December 16, 2021, 07:55:50 PM
From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.
Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.
Of course it is temporary. Downtrends aren't something new. The bearish market will eventually end and the price will start rising again. Look at the charts. Zoom out and see the price. You will notice how the price goes down for few months and then goes back up again. In the long run, the price will go up. Right now, no one can tell us if we will reach a new ATH in 2022 or not. It may happen or may not. Don't worry about the ATH. Since the price is low, keep investing as much as you can and keep holding them long term. You will be making some good profit. Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.
December 16, 2021, 06:59:52 PM
We should also look at how the uptrend lasted long before the downtrend. We are always eyeing for just a continued uptrend and that's not healthy. Everything should be balanced and that's what the downtrend role. Why should we be concerned right away about the current downtrend where it's just barely a few weeks ago since it was started.
Just relax a bit for now and don't think about something we can't predict easily.
Just relax a bit for now and don't think about something we can't predict easily.
December 16, 2021, 06:54:03 PM
To me, it happens like a dream. That bitcoin price falls unexpectedly without notice. My expectations was high that bitcoin will soon reach her predicted ATH of $100k after it passes $65k last month. Crypto market can shock your emotions within an hour.
No matter how bearish the market seems bitcoin price won't ever fall below $40k, before it boomerang back. This downtrend price is just for a while, it won't last for so long.
Am expecting a positive passive income of bitcoin by next year
No matter how bearish the market seems bitcoin price won't ever fall below $40k, before it boomerang back. This downtrend price is just for a while, it won't last for so long.
Am expecting a positive passive income of bitcoin by next year
December 16, 2021, 06:52:19 PM
As of now, the market seems to be enjoying a sideways movement. There isn't much to see on bitcoin's current price movement anyways as the volume remains low across all exchanges. Right now, our best guess is that they will wait out this holiday season before moves are made again, or it's an outright stagnant market until the first quarter of 2022.
December 16, 2021, 06:21:39 PM
Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.
No one really knows what will happen accurately in the future. Rather than stress ourselves thinking how long this downtrend will continue, just do your best to take advantage of the trend. What matters here is, the downtrend will soon be over but the only question is when.
We can refer to some analysis made by so-called "experts" and from there, decide if those make sense to be considered as a reference on our future actions.
December 16, 2021, 06:01:09 PM
There is still 2 weeks to go for 2021 and you'll be surprised at what can happen in 2 weeks in crypto. Plan B's prediction is unlikely to come true but let's not rule out a god candle that can create all sorts of FOMO that pumps the markets
December 16, 2021, 05:30:55 PM
There are many chart analysis which can give us a guide or estimate as to where
we are and possibly what to expect.
I think or so I've been told, we are on a "Decending Wedge" which is a bullish pattern,
eventhough the market price looks to be falling or at best going sideways.
Look this current situation has even skuttled PlanB's prediction of $135k by
year end.
Bottom line is, nobody knows for sure
we are and possibly what to expect.
I think or so I've been told, we are on a "Decending Wedge" which is a bullish pattern,
eventhough the market price looks to be falling or at best going sideways.
Look this current situation has even skuttled PlanB's prediction of $135k by
year end.
Bottom line is, nobody knows for sure
December 16, 2021, 03:13:34 PM
From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.
Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.
Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.
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