I guess Bitcoin will continue to have correction below 30k for the whole year of 2022. We have not seen a real bearish market for quite some time now. The last we have seen it was around 2019? After that Bitcoin have just skyrocketed.
The market really needs to have a consolidation period. For the market to allow new accumulation phase and for the new investors to have a good entry point.
I am not expecting much for this year, because I am looking forward for the next 2 years as it is the end and the beginning of the 4 year cycle which usually pull Btc's price in an upward momentum.
No way. where are you last time? On the beginning of first quarter, the marker already experience a bear and the bear was over because the price is now recovering. Cant you see the price now mostly stays above 40k level. Sure it can drop to 39k sometimes but I don't think it will go below 30k. We are simply done on that phase.
If there's one thing that didn't happened yet, that will only be the bull market. I am talking about the real one. The market shows an increase last time and people thinks the bear had already started but it was only fake. It's only just a bull trap. Like you, many are excited in the next 2 years but many are also excited for this year.
Bitcoin can drop below 30k is quite possible if the 4-year cycle of bitcoin is right, this is something a lot of people wouldn't want it to happen. But that's how the market works, sometimes you think it can't happen but it happens. So be prepared for any situation.
Bahkan sampai hari ini saja harga bitcoin masih tetap dibawah harga $40k yaitu sekisaran $38k sekian yang namun posisi harga bitcoin saat ini sangat cocok untuk mereka yang mau membeli dan meyimpan nya dalam jangka pendek namun mereka juga bisa mendapatkan keuntungan nya waloupun tidak sepenuhnya.
In November when the price almost reached $ 70K I was optimistic that the market after November would continue to skyrocket until it could reach $ 100K, unfortunately there was a dumping that was likely from the Pope to get profit so as to make the price until now could not touch $ 80K.
Don't expect bitcoin to hit $80 any time soon.
Because until now the bitcoin price is still under $40k which is around $38k but the current bitcoin price position is very suitable for those who want to buy and keep it in the short term, but they can also benefit from it, although not completely.
I myself take the right position to buy at this time and I will sell when there is a 30% profit.
No new ATH will happen this year as we are already in a bear market. I think the current price below 40k is the right price to start buying, suitable for both long-term holders, not just short-term investors.
If you are a speculator, I hope you should consider carefully when deciding to buy at this point.