Cryptocurrency status at the beginning of the year

Gozie51

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Quote from: arufox on February 19, 2022, 07:05:27 AM

I think now the market is back for the better. The price of bitcoin experienced a significant increase where the current price of bitcoin again touched the level of $40k. I'm sure the current bull run will continue until we see there will be another new ATH in the next few months.

You have a chart that is pointing that market is back for better ? This week past was not a fantastic time to show market is surely giving such a sign because the price dropped from $45k to $39k that was a little huge and bitcoin still struggling to recover. Hopefully it may show good signs with the new week.

arufox

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I think now the market is back for the better. The price of bitcoin experienced a significant increase where the current price of bitcoin again touched the level of $40k. I'm sure the current bull run will continue until we see there will be another new ATH in the next few months.

Dave1

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Quote from: Vaskiy on February 08, 2022, 03:11:54 PM

Quote from: uneng on February 07, 2022, 06:52:51 PM

Quote from: StreakW on February 07, 2022, 08:55:10 AM

Throughout early 2022, the crypto market situation experienced a very sharp decline in price. However, currently the cryptocurrency market is starting to show potential to improve. Therefore, I predict the price of bitcoin will start to improve in the next few weeks.

For the past days until now bitcoin is showing a decent recovery, despite the negative fluctuations and pessimism that has prevailed since the beginning of this new year. If bitcoin stays stable around 43,000$ for some more time I will start believing we can exit the bear market very soon and reach the old good 50,000$ price range again. That is what the market needs to inspire optimism among investors once more.

Yes, the growth of the market is tremendous and now it is on the way towards $50k. The same can be reached anytime soon. Majority believe that the price will touch $50k for sure. This looks like a bubble than price correction and the same can get into conclusion depending on the price being stagnant over certain value for specific time period.

It looks like we hit a wall though, we did touch $45k very fast and now we are down to $43.
But nothing to worry though, it seems we are still in the bullish phase short term. So there is still a chance to hit $45k and then we will try our hands at that big barrier of $50k. We still have a lot of time to work that out this February or at least in the 3rd week of this month and hopefully we can get to that big price.

mia_houston

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Quote from: Epaper on February 05, 2022, 08:12:33 AM

Quote from: mia_houston on February 01, 2022, 08:22:28 AM

Quote from: Epaper on February 01, 2022, 05:56:21 AM

In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

Looks like bitcoin has started reversing again. Currently the price of bitcoin has increased where since yesterday until now the price of bitcoin has increased by 10% and managed to break through the price level of $41k. I am sure this increase will continue. But it looks like bitcoin won't hit $100k this year. Let's see how far the direction of the bitcoin price movement continues.

In the last few days the bitcoin market started to strengthen and slowly started to break through the price of $44K, and this became the highest bitcoin price after the level of decline that occurred in January, I think now bitcoin is trying to break through a bullish uptrend, and if possible bitcoin managed to achieve a strengthening price at $45K of course maybe we will see the bullish trend will be able to continue until the end of Q1 this year, according to several articles I read on Coindesk,the presence of a lot of focused incoming funds on Bitcoin last week was the cause of bitcoin prices starting to increase, and many are starting to speculate that the bitcoin price might reach $100K by the middle of this year, but still it's just a speculation that it may or may not happen, so it's better for us to continue to monitor bitcoin price movements right now and hopefully bitcoin could reach its latest ATH before the end of 2022.

Vaskiy

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Quote from: uneng on February 07, 2022, 06:52:51 PM

Quote from: StreakW on February 07, 2022, 08:55:10 AM

Throughout early 2022, the crypto market situation experienced a very sharp decline in price. However, currently the cryptocurrency market is starting to show potential to improve. Therefore, I predict the price of bitcoin will start to improve in the next few weeks.

For the past days until now bitcoin is showing a decent recovery, despite the negative fluctuations and pessimism that has prevailed since the beginning of this new year. If bitcoin stays stable around 43,000$ for some more time I will start believing we can exit the bear market very soon and reach the old good 50,000$ price range again. That is what the market needs to inspire optimism among investors once more.

Yes, the growth of the market is tremendous and now it is on the way towards $50k. The same can be reached anytime soon. Majority believe that the price will touch $50k for sure. This looks like a bubble than price correction and the same can get into conclusion depending on the price being stagnant over certain value for specific time period.

uneng

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Quote from: StreakW on February 07, 2022, 08:55:10 AM

Throughout early 2022, the crypto market situation experienced a very sharp decline in price. However, currently the cryptocurrency market is starting to show potential to improve. Therefore, I predict the price of bitcoin will start to improve in the next few weeks.

For the past days until now bitcoin is showing a decent recovery, despite the negative fluctuations and pessimism that has prevailed since the beginning of this new year. If bitcoin stays stable around 43,000$ for some more time I will start believing we can exit the bear market very soon and reach the old good 50,000$ price range again. That is what the market needs to inspire optimism among investors once more.

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Throughout early 2022, the crypto market situation experienced a very sharp decline in price. However, currently the cryptocurrency market is starting to show potential to improve. Therefore, I predict the price of bitcoin will start to improve in the next few weeks.

STT

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As I thought it might, the market is not retracting from these 'highs' its just travelling sideways across back forth with the 12hr average which is a very fast measure of momentum. 2 day and weekly moving averages will later catch up with price action to apply pressure on move or stall; this occurs not the weekend but main markets who tend to have copious quantities of skepticism on crypto in general.
For now we are risk on, take trading profits but stay optimistic above the weekly average is best I have often observed.

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Quote from: bots1 on February 02, 2022, 05:52:18 PM

At the beginning of this year we are still not out of the red zone and will still witness the price of bitcoin going down even further. Maybe in Q1 this year the bitcoin price correction has not ended because I predict the bitcoin price has the potential to fall towards $32k-$30k.

At least, we are now back to $41k and leave the lower price for a while after bitcoin jumps higher. The situation has already changed, but yes, we need to be careful to adapt to any situation that can happen to bitcoin. If we can see the profit, we can take it or hold it because our target price is still not yet reached. Whatever you want to do, you must double-check the market trend to minimize the risk because the market can change to another direction that we do not know.

Epaper

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Quote from: mia_houston on February 01, 2022, 08:22:28 AM

Quote from: Epaper on February 01, 2022, 05:56:21 AM

In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

Looks like bitcoin has started reversing again. Currently the price of bitcoin has increased where since yesterday until now the price of bitcoin has increased by 10% and managed to break through the price level of $41k. I am sure this increase will continue. But it looks like bitcoin won't hit $100k this year. Let's see how far the direction of the bitcoin price movement continues.

ultrloa

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Quote from: bots1 on February 02, 2022, 05:52:18 PM

At the beginning of this year we are still not out of the red zone and will still witness the price of bitcoin going down even further. Maybe in Q1 this year the bitcoin price correction has not ended because I predict the bitcoin price has the potential to fall towards $32k-$30k.

Maybe we can see that but if we compare last year end wr can say that the first quarter of year 2022 is much better since we don't see any huge collapsed which happen before. And might this is the last dip we see this year so I guess many are now buying at this current rate but if we can drop more I think there's no problem with it since for sure this one give opportunity to us to accumulate again.

bots1

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At the beginning of this year we are still not out of the red zone and will still witness the price of bitcoin going down even further. Maybe in Q1 this year the bitcoin price correction has not ended because I predict the bitcoin price has the potential to fall towards $32k-$30k.

ReiMomo

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A month passed by in 2022. Bitcoin correction remains still. Wish a pump comes in few weeks near by. Bit boring to see the price remain calm without either a sudden pump or dump. Yes, its a good sign and managing to stay at a level to move up. Every year, we do such correction after Christmas and yes the hike might start by mid of March and will hit an ATH in April from mid to end. Lets wait and see if 2022 April will support a new Bitcoin ATH.

Frengki_cisco

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Quote from: GoodLuckHK on January 18, 2022, 01:46:34 PM

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

Sometimes experiences and things that happen in crypto many of us don't realize it, sometimes ignore it, the fact that once every four years Bitcoin will create rich people who understand the real phenomenon that is happening, early 2022, everything changes the market turns red all altcoins go down influenced by Bitcoin, I realize this is a phenomenon where before Bitcoin rises it will happen again.

el kaka22

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Quote from: mia_houston on February 01, 2022, 08:22:28 AM

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

Sometimes years start with a bad drop but then it could end with a good increase, or it could even have a great increase and a small decrease later on. Want example? We all remember 2018 to be a bad year right? Price hit nearly 20k at December 2017 and then 3.5k when the year ended, so 2019 started with 3.5k or so price. Well it reached 14k in 2019 and ended with 7k, which means that it doubled from the start to end and even more during the middle of it as well.

So, I would be shocked if the price reached 35k or so now, then 140k in the middle and ended with 70k, quite similar situations if you ask me, just 10x higher total all around. If we can trust the system to reach to 68k and if we can see a drop to 34k or so, then we should not be shocked about the possibility of 140k. That is the problem with many investors, they do not trust the numbers could be that high, like 250k+ or so, maybe not now but it WILL happen one day in the future, trust crypto.

mia_houston

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Quote from: Epaper on February 01, 2022, 05:56:21 AM

In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

Epaper

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In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

BuNga_cute

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Quote from: bounceback on January 29, 2022, 12:17:10 PM

Quote from: GoodLuckHK on January 18, 2022, 01:46:34 PM

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

The market crash that has been going on so far is likely to take a little longer for bitcoin to bounce back to the $50k-$60k level because so far if we look at the market panic still continuing so it will take longer to bounce back, but don't too worried about the decline that is being experienced by bitcoin because bitcoin is a coin that already has very strong fundamentals so that it will continue to have a higher value in the future.

It's already the end of January and Bitcoin's price still hasn't risen above $40k. But we don't need to panic, because the price of Bitcoin will
definitely recover when the time comes, it has been proven by Bitcoin. If we study Bitcoin correctly, we certainly understand that the price of
Bitcoin will continue to rise, so the correction that occurs is only temporary. The most important thing is that we have to be patient holding
the Bitcoins we have, and don't even think about selling our Bitcoin if we haven't made a profit. Don't let us regret selling our Bitcoins
at low prices, remember Bitcoin has an increasing popularity every year. This means that the demand for Bitcoin is also getting higher,
this can make the price of Bitcoin more expensive in the future. Moreover, 2022 is still long, so it is still possible for Bitcoin prices to rise higher
this year compared to 2021.

ethereumhunter

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We almost leave this January and see how the market moves attract us to invest or trade many coins. So I will say that this month gives us a big chance to buy back bitcoin or altcoin and not sell it if the price is not increased. If the bitcoin price is not down below $30k, it seems the altcoin can sustain and stay at the current price and have time to go up and down many times. It shows us that bitcoin is moving good by up and down, and it can give us more profit if we can buy low and sell high. But many people have a target price to sell so you need to set your target price.

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Quote from: palle11 on January 22, 2022, 04:05:49 PM

Quote from: GoodLuckHK on January 18, 2022, 01:46:34 PM

In other words, it will take some time for the market to get better.

This may change and it may not be so long for reversion to start. The price is around $34k and pushing to $30k support and strongly hodling at $35k. On a longer time frame, it is looking like a change is possible to happen anytime soon before the second quarter beginning. This year may still look positive at the end.

Indeed the current price of bitcoin is arguably still positive and today's price also has an increase from yesterday's price.
37,993.24USDT is no longer under $35k hopefully there will be an increase in the price of bitcoin even though it is slowly.

Topic: Cryptocurrency status at the beginning of the year (Read 568 times)