Bitcoin survived the Christmas market pressure

peter0425

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Quote from: Odusko on January 20, 2023, 04:31:41 PM

And we made the 20k prediction and even break the benchmark up to 21k this month of January and if all things are equal, the coming months of the year will bring in more market recovery and new prices benchmark for Bitcoin.
The year 2023 just began, and bitcoin and some other altcoins are already showing some positive market attitude that give investors high hope for a better future throughout the remaining part of this year 2023.

exactly , actually now we hit and break 22k and still there are signs of climbing more , hopefully that we will finally get to 25k if cannot make it to 30k before falling low again.
2023 shows good stats for bitcoin , things that 2022 denies and most are in losing situation , early recovery also makes me think that this is another bull trap?

Quote from: Insanity on January 20, 2023, 08:45:28 PM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

Quote from: bitterguy28 on January 06, 2023, 10:09:16 PM

Quote from: RILWAN on January 06, 2023, 04:11:17 PM

The sale pressure this year was not as high as last year, I don't know why or maybe the impact of the ftx crisis has led to bitcoin selling off before December or maybe bitcoin already built up a strong resistance which made the price of Bitcoin to remain around 16k plus all through the Christmas period.

last year started as also dumping , you cannot compare to that because last year the market had just finished Bull market but this year? it is far different .

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.

it is your fault not having full understanding of the market mate, because if you enter this just to have quick profit? then you are in the wrong place .

carlisle1

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Quote from: wmaurik on January 31, 2023, 08:50:27 PM

Quote from: milewilda on January 25, 2023, 05:16:15 PM

Some do make out some patterns and telling that this year pertains on "recovery" which there might be some possibilities that it might true or not but as we are seeing on the current behavior on the market then we can really say that it might be true but we shouldn't really make ourselves that too much confident because everything could still happen along the way.As for that Chistmas or holidays then it would really be still in random
because we dont know on how the demand would really be playing into those times whether it would really be just be ignored and wont really be making out some significant movement which is something
a very common behavior that we do have.

Now that everyone has ended January and entered February with the scene in the market still as usual where slight increases and corrections are still taking place. Some say that the last month was the start of a rock bottom recovery before heading into a bigger recovery.

And I will also see what level of recovery will occur this month, especially in Bitcoin so that I can have my own conclusions on what has happened. But if this year's recovery does happen, that's also a very good thing for me and indeed for everyone, except for those who don't buy Bitcoin at low prices.

Those who bought Bitcoin and other crypto assets that have decent usages, the chance to see that the market will behave favorable
is possible, you just need to keep holding if you wanted to earn more.

End of January and another new month with decent run, we don't know what's waiting for the market but there are investors who
believes that it will continue to rise little by little.

Take time to research and do your own analysis, you still have a good chance to keep buying and hold.

Fakhrulenclix

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Quote from: wmaurik on January 31, 2023, 08:50:27 PM

Quote from: milewilda on January 25, 2023, 05:16:15 PM

Some do make out some patterns and telling that this year pertains on "recovery" which there might be some possibilities that it might true or not but as we are seeing on the current behavior on the market then we can really say that it might be true but we shouldn't really make ourselves that too much confident because everything could still happen along the way.As for that Chistmas or holidays then it would really be still in random
because we dont know on how the demand would really be playing into those times whether it would really be just be ignored and wont really be making out some significant movement which is something
a very common behavior that we do have.

Now that everyone has ended January and entered February with the scene in the market still as usual where slight increases and corrections are still taking place. Some say that the last month was the start of a rock bottom recovery before heading into a bigger recovery.

And I will also see what level of recovery will occur this month, especially in Bitcoin so that I can have my own conclusions on what has happened. But if this year's recovery does happen, that's also a very good thing for me and indeed for everyone, except for those who don't buy Bitcoin at low prices.

in the early months of the year the Bitcoin price movement was quite positive and even at the end of last week there was a significant movement that in my opinion occurred so that the Bitcoin price almost reached the price of $25k and even though there was a slight correction but I think if it doesn't happen too deep then I think that the trend is positive This will continue this February.

many speculated that Bitcoin would fall on the Christmas market with high pressure but instead what happened was the opposite, that was a positive thing and was welcomed by many people.

indeed for now it is too early to draw conclusions about what will happen to Bitcoin but we all have different views and speculations for what will happen this month.
I am optimistic, the positive trend will continue.

wmaurik

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Quote from: milewilda on January 25, 2023, 05:16:15 PM

Some do make out some patterns and telling that this year pertains on "recovery" which there might be some possibilities that it might true or not but as we are seeing on the current behavior on the market then we can really say that it might be true but we shouldn't really make ourselves that too much confident because everything could still happen along the way.As for that Chistmas or holidays then it would really be still in random
because we dont know on how the demand would really be playing into those times whether it would really be just be ignored and wont really be making out some significant movement which is something
a very common behavior that we do have.

Now that everyone has ended January and entered February with the scene in the market still as usual where slight increases and corrections are still taking place. Some say that the last month was the start of a rock bottom recovery before heading into a bigger recovery.

And I will also see what level of recovery will occur this month, especially in Bitcoin so that I can have my own conclusions on what has happened. But if this year's recovery does happen, that's also a very good thing for me and indeed for everyone, except for those who don't buy Bitcoin at low prices.

milewilda

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Quote from: wmaurik on January 25, 2023, 08:29:00 AM

Quote from: Insanity on January 20, 2023, 08:45:28 PM

I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.

There is no need to worry about the dumping market conditions that occurred last year because at the beginning of this year the crypto market conditions have experienced a slight improvement which could signal that this year might be much better than last year so you don't need to carry worries inside yourself as long as you still want to hold the Bitcoin you already have.

Rising and falling prices in the market are very common and you only need to make sure you don't lose and take profits when you have enough to take. Because in general you are still in good shape if you are still willing to wait for an increase in the market, so be patient until the end of this year.

Some do make out some patterns and telling that this year pertains on "recovery" which there might be some possibilities that it might true or not but as we are seeing on the current behavior on the market then we can really say that it might be true but we shouldn't really make ourselves that too much confident because everything could still happen along the way.As for that Chistmas or holidays then it would really be still in random
because we dont know on how the demand would really be playing into those times whether it would really be just be ignored and wont really be making out some significant movement which is something
a very common behavior that we do have.

wmaurik

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Quote from: Insanity on January 20, 2023, 08:45:28 PM

I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.

There is no need to worry about the dumping market conditions that occurred last year because at the beginning of this year the crypto market conditions have experienced a slight improvement which could signal that this year might be much better than last year so you don't need to carry worries inside yourself as long as you still want to hold the Bitcoin you already have.

Rising and falling prices in the market are very common and you only need to make sure you don't lose and take profits when you have enough to take. Because in general you are still in good shape if you are still willing to wait for an increase in the market, so be patient until the end of this year.

Dave1

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Quote from: Odusko on January 20, 2023, 04:31:41 PM

Quote from: btc78 on January 09, 2023, 09:14:21 PM

we are at 17k actually mate the time you posted this , and now still small climbing happens , maybe 20k is near to happening this January(hopefully).

And we made the 20k prediction and even break the benchmark up to 21k this month of January and if all things are equal, the coming months of the year will bring in more market recovery and new prices benchmark for Bitcoin.
The year 2023 just began, and bitcoin and some other altcoins are already showing some positive market attitude that give investors high hope for a better future throughout the remaining part of this year 2023.

Bitcoin and some of the most solid altcoins, but for those altcoins that don't have a fundamentals, its just for pure pump and dump.

Yes, we have broken the bench mark of $20k and I initially thought that we are not going to sustain it, and so I was wrong again. Now, the price is going towards $22k and if that happen at the end of the month then now it's more than double the last lowest low and that is good news to us. And yes, investors are coming towards the market again, buying and then holding, simply strategy and yet it's very effective.

posi

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Quote from: Insanity on January 20, 2023, 08:45:28 PM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

Quote from: bitterguy28 on January 06, 2023, 10:09:16 PM

Quote from: RILWAN on January 06, 2023, 04:11:17 PM

The sale pressure this year was not as high as last year, I don't know why or maybe the impact of the ftx crisis has led to bitcoin selling off before December or maybe bitcoin already built up a strong resistance which made the price of Bitcoin to remain around 16k plus all through the Christmas period.

last year started as also dumping , you cannot compare to that because last year the market had just finished Bull market but this year? it is far different .

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.

Based on your account, you've been in this market since 2013, meaning you've been through the bear seasons before, it's strange that you're still worried about the state of the market in 2022. What happens in 2022 is a normal thing, and we call it an integral part of the market, only beginners will panic, and those who have been through that, which is a good thing. After taking a profit in 2021, I expected that to happen because I know we can buy bitcoin at a discount.

Insanity

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Quote from: RILWAN on January 07, 2023, 05:44:37 PM

Quote from: bitterguy28 on January 06, 2023, 10:09:16 PM

Quote from: RILWAN on January 06, 2023, 04:11:17 PM

The sale pressure this year was not as high as last year, I don't know why or maybe the impact of the ftx crisis has led to bitcoin selling off before December or maybe bitcoin already built up a strong resistance which made the price of Bitcoin to remain around 16k plus all through the Christmas period.

last year started as also dumping , you cannot compare to that because last year the market had just finished Bull market but this year? it is far different .

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

I am sometimes very worried about the state of cryptomarket. The state of cryptomarket has been going through a lot of dumping for more than 1 year now. I think that the state of cryptomarket may be a little better in mid 2023. And if it continues, a lot. It will cause a lot of trouble for traders. I don't see any option but to wait for us now.

Fredomago

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Quote from: Hamphser on January 20, 2023, 05:45:52 PM

Quote from: BobK71 on January 13, 2023, 06:34:58 AM

Quote from: wmaurik on January 11, 2023, 08:07:19 AM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

After a long period of bearishness, when the price of Bitcoin regains some momentum, the investment trend among investors also gradually increases. As a result, the Bitcoin market will also grow slowly. Bitcoin has been giving slightly positive signals for the last couple of days which has again created a hope among Bitcoin investors. If this trend continues then there will be a lot of investment in Bitcoin in the next few days which will help the market to be bullish again.

Now its starts on moving up again and we dont know on what are the news or events that do correlate with this sudden increase or just simply this is just some ordinary day here on crypto space and this is something not that surprising or something new anymore.It is really just good for those people who had made out their buying decisions when even it sits on 21k on where lots had been saying about
12k possible bottom or crash which is unlikely imho.If we do speak about potential movements in price then it would be understandable that it could neither be bearish or bullsih.
We are now in a new year on which we dont know on what would happen next and it seems this year would be something better.

Lucky for people who bought when the huge crashed take place, If my memory serve me right the last dumped push the value down up to $15K more or less or something near to that, but look with the value right now, those who makes it and take that chance to buy and store, they can sell it now and enjoy.

No one can exactly predict the value, it's your own decision making whether to keep adding and holding or take the profits and startto chase the dip again.

Hamphser

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Quote from: BobK71 on January 13, 2023, 06:34:58 AM

Quote from: wmaurik on January 11, 2023, 08:07:19 AM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

After a long period of bearishness, when the price of Bitcoin regains some momentum, the investment trend among investors also gradually increases. As a result, the Bitcoin market will also grow slowly. Bitcoin has been giving slightly positive signals for the last couple of days which has again created a hope among Bitcoin investors. If this trend continues then there will be a lot of investment in Bitcoin in the next few days which will help the market to be bullish again.

Now its starts on moving up again and we dont know on what are the news or events that do correlate with this sudden increase or just simply this is just some ordinary day here on crypto space and this is something not that surprising or something new anymore.It is really just good for those people who had made out their buying decisions when even it sits on 21k on where lots had been saying about
12k possible bottom or crash which is unlikely imho.If we do speak about potential movements in price then it would be understandable that it could neither be bearish or bullsih.
We are now in a new year on which we dont know on what would happen next and it seems this year would be something better.

Odusko

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Quote from: btc78 on January 09, 2023, 09:14:21 PM

we are at 17k actually mate the time you posted this , and now still small climbing happens , maybe 20k is near to happening this January(hopefully).

And we made the 20k prediction and even break the benchmark up to 21k this month of January and if all things are equal, the coming months of the year will bring in more market recovery and new prices benchmark for Bitcoin.
The year 2023 just began, and bitcoin and some other altcoins are already showing some positive market attitude that give investors high hope for a better future throughout the remaining part of this year 2023.

carlisle1

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Quote from: BobK71 on January 13, 2023, 06:34:58 AM

Quote from: wmaurik on January 11, 2023, 08:07:19 AM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

After a long period of bearishness, when the price of Bitcoin regains some momentum, the investment trend among investors also gradually increases. As a result, the Bitcoin market will also grow slowly. Bitcoin has been giving slightly positive signals for the last couple of days which has again created a hope among Bitcoin investors. If this trend continues, then there will be a lot of investment in Bitcoin in the next few days which will help the market to be bullish again.

Hopefully that will be the trend, I mean a continuous market movement that will favor the side of investors in the sense that.
the market is moving up and gaining strong barrier.

It's not easy though since there are also pressures from those who are working with short-term run, they can quickly sell
those cheap coins that they've bought earlier last year.

It can both pressures and might be a cause seeing the market to fall back, but still looking for positive run.

BobK71

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Quote from: wmaurik on January 11, 2023, 08:07:19 AM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

After a long period of bearishness, when the price of Bitcoin regains some momentum, the investment trend among investors also gradually increases. As a result, the Bitcoin market will also grow slowly. Bitcoin has been giving slightly positive signals for the last couple of days which has again created a hope among Bitcoin investors. If this trend continues then there will be a lot of investment in Bitcoin in the next few days which will help the market to be bullish again.

wmaurik

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Quote from: Kemarit on January 11, 2023, 10:12:02 PM

I'm sure if you have to look at the price right now, there is a steady increased in the price as there could have been some positive news around to get investors pushing for me of their money right now. $18,200 and still going up as we speak. This could be a good indication as well that the lowest low or bottom could have been reach already in 2022. And so we will have to wait what the market will bring this year.

Maybe there really is some positive news at this point that makes investors start to move again to buy more Bitcoin so that today Bitcoin had increased to $ 19K more in the market although for now it is still holding below $ 19K which is not too far from that level . So I believe that this year there will indeed be an improvement in Bitcoin and it is really worth waiting for for everyone.

Quote

So recovery starts today and hopefully can sustain it's ran through this year. $30,000-$40,000 in the long term might not be as bad prediction after all.

For predictions throughout this year if there is no further deep correction in Bitcoin, I also believe that $ 30,000 - $ 40,000 is a logical and very appropriate level for Bitcoin although I would also be very happy if in the second quarter of this year Bitcoin can be more stable at only $ 20,000

Fredomago

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Quote from: Kemarit on January 11, 2023, 10:12:02 PM

So recovery starts today and hopefully can sustain it's ran through this year. $30,000-$40,000 in the long term might not be as bad prediction after all.

If the momentum will continue, even in a small run like this the chance of seeing Bitcoin to move up is relly possible, with more investors to play and more money to flow, $30K might be somwhere close this year, though we really can't predict the market movement as accurate as we love to, but for traders who have that established trust.

It's worth the wait if ever that the market will continue to pump and no corresponding dump to take place along the way.

Kemarit

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Quote from: wmaurik on January 11, 2023, 08:07:19 AM

Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

I'm sure if you have to look at the price right now, there is a steady increased in the price as there could have been some positive news around to get investors pushing for me of their money right now. $18,200 and still going up as we speak. This could be a good indication as well that the lowest low or bottom could have been reach already in 2022. And so we will have to wait what the market will bring this year.

So recovery starts today and hopefully can sustain it's ran through this year. $30,000-$40,000 in the long term might not be as bad prediction after all.

wmaurik

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Quote from: RILWAN on January 07, 2023, 05:44:37 PM

The market reality of both years is different no doubt about that, before 2022 bitcoin market was in a bull phase with a lot of good news which lasted till the early weeks of 2022 but in 2023 the reality is different and because of the impact of the previous year downside bitcoin market reality this year piece has suffered a lot of slow recoveries which is a normal reaction considering the many attacks that have faced the market generally.

A slow recovery in the Bitcoin price is also urgently needed at this time, because doing so can also encourage investors and traders to continue to enter the market and make more purchases of Bitcoin even if not in large quantities. But at least it will really help Bitcoin to keep increasing from the beginning of this year and is expected to continue until the end of the year. Because without a price recovery in Bitcoin, some people were also very reluctant to enter the market earlier this year.

btc78

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Quote from: redsun114 on January 08, 2023, 03:15:51 PM

Quote from: btc78 on January 08, 2023, 05:44:44 AM

30 isn't look good this year because what mostly expect now is continues dumping and maybe recovered in the next year (atleast in 3rd quarter of 2024)
so with that? bitcoin will even struggle to record 20k this whole 2023 and if does? then we are lucky to have that coming.
and also if we are going to see that value? then the 25k is on the next position .

He is actually saying that $30k is possible because he said we are close to it but this got me thinking if we are really close to it? I mean what I can currently see is still $16k and this was almost half of $30k so I think I am going to side with you more than him as I feel that $30k isn't going to be an easy journey for BTC to reach.

not sure if we are truly close to it mate, we are still half of that 30k staying at 17k? it's 13k to go and without any Bull running this seems to be impossible to happen so lets accept the fact that 2023 seemingly not for Bitcoin and crypto market.

Quote

I only don't think that BTC will dump more because I never saw a small decline so far apart from a small increase so maybe we will be able to reach $17k in no time. It can continue up to $20k and stay there for quite some time. If ever we break $25k this time then that's a good sign that something bigger and better is coming ahead.

we are at 17k actually mate the time you posted this , and now still small climbing happens , maybe 20k is near to happen this January(hopefully).

Lanatsa

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Quote from: uneng on January 08, 2023, 06:36:36 PM

Quote from: dezoel on January 08, 2023, 05:09:42 PM

Now, we are free and clear to go up. I know it's not going to be easy to handle, it's going to be very very difficult to make sure you go up, but it's not going to be that much of an easy task to handle neither, it's going to be pretty tough to handle.

So far so good. Bitcoin entered the year of 2023 in a good mood. Fluctuations are considerably stable and I have the impression that it's trying to push ahead in some moments, like right now as we have just crossed the 17,000$ line for the first time since December 15, 2022. Now I want to see if bitcoin will be able to keep this position or if it's going to crash down to 15,000$ price range as a signal of strong correction. On the other hand, if it remains 1 month where it is now, there are serious chances market's sentiment is already changing to a more optimistic one. Better to not say yet, or it's not going to happen. Cheesy

Whats considered to be on a good mood? We dont see anything changes until it do really happens on the recent day where it do make out some considerable movement which it turns out that it is really giving

that positive vibe on which it would really be making up some presumptions that the market is really showing something positive.Wayback on month of December last year where the price isnt really moving that
much or simply having that sideways behavior then it isnt something that we could really make such decision or movement because of hindrance and lack of confidence.
For now its not bad to make out some sell for those who had bought earlier.

Topic: Bitcoin survived the Christmas market pressure (Read 1540 times)