I remember that a year ago, when the bitcoin price reached the top of 41k, I was surprised and sold part of my COINS, so we are now at the top of what was happening in the past year.
You may be pessimistic due to excessive optimism that the price will break the $100K barrier by the end of the year, but the time is still early, as we are a month late from the peak that occurred in December of 2017, and about two months from 2013, so waiting for another two months will not be bad.
Don't forget that getting past the top to $69,000 won't take much time.
Topic: Cryptocurrency status at the beginning of the year - page 4. (Read 564 times)
There is no reason to be discouraged because it is miserable every year at the beginning of the year.
You are wrong because different years have been different.Additionally what you call "miserable" is your point of view otherwise as far as altcoins go, the dumps are their natural expected behavior that happens all days every year. And as far as bitcoin goes this is just a dip to accumulate cheap coins under the intrinsic value.
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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.
Majority of cryptocurrencies are not going to recover, just like majority of them including the top 20 alt coins never recovered from their dumps in 2018 even though 4 years has passed. 
if you look at the current situation and conditions, cryptocurrencies still have a lot of time to bounce back. the presence of several new digital currencies will make cryptocurrency passion more varied. So bitcoin won't stand alone for a very long time.
As long as people are interested in cryptocurrencies and bitcoin, we have all that time for bitcoin to bounce back and hopefully get to another ATH and cement itself to a newer plateau that only leads to more ATH in the future. I agree that the more crypto garners more interest from many people and I am pretty sure that as long as people create more crypto, the cycle won't end.
if you look at the current situation and conditions, cryptocurrencies still have a lot of time to bounce back. the presence of several new digital currencies will make cryptocurrency passion more varied. So bitcoin won't stand alone for a very long time.
And it's normal. Dips could happen just as much as pumps could always happen, there's absolutely nothing wrong with it. I'd consider not having dips to be the one indicator that's something is very very wrong with the market and would consider some external factors (other than natural ones) having an effect on the market.
Nothing wrong either with the market going through dark days, after all, more buy opportunities for people who want to enter the market and for people who want to invest more. Just look at the bright side of things and you wouldn't really get affected by FUD.
Nothing wrong either with the market going through dark days, after all, more buy opportunities for people who want to enter the market and for people who want to invest more. Just look at the bright side of things and you wouldn't really get affected by FUD.
I’d rather not look for patterns. Let the price increase when it increases and decrease when it decreases. Just recently, I have also read that the end of the year is normally good for Bitcoin. Well, it wasn’t. The point has always been that there is really no path that Bitcoin seems to follow. But it’s all right. Bitcoin’s unpredictability makes it even more interesting. And it somehow makes Bitcoin supporters a little more solid. Let those who cannot stand the heat get out of the kitchen. What remains are those who will stand strong amidst the most bearish of bears.
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.
It's normal to Bitcoin that has a correction and I think it's not yet a negative result yet we are still on a bullish trend. Look around and listen to the news, most countries are now accepting, investing, and making Bitcoin a legal tender which sounds good in the long term.
I have been years observing the Bitcoin price since 2017 and I've confirmed that Bitcoin continuously grows and yes, there will be a better market soon but there's no time frame for that. I like those people who have faith in Bitcoin and didn't get easily panic selling, they are true crypto enthusiasts.
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People don't compare the BTC price in January 2022 with BTC price in January 2021, people compare it with the latest BTC ATH. Since there is a prediction that BTC price to reach $100k, most people still expect that BTC can make another ATH at least. Previously, people guess it may be achieved in December 2021, but it didn't happen. So, people expect the sign of another ATH to begin in the early of this year, unfortunately BTC price is decreasing and looks hard to increase more. In this situation, some people feel disappointed with BTC price, especially those people who don't learn well the historical BTC price move in the last Bullrun. They don't know the Bullrun is probably over already, if we consider how long the last Bullrun happened.
Everyone is too discouraged with the start of the year because they don't see the price of bitcoin at a good timing. Just look at how much the prices of bitcoin from January of 2021 and 2022.
2022 = $47,686
2021 = $29,374
Aren't those prices were up and better? Although we got some decrease at this time because bitcoin's price is $41k. But still, compared to a year ago, that's still quite high, right?
2022 = $47,686
2021 = $29,374
Aren't those prices were up and better? Although we got some decrease at this time because bitcoin's price is $41k. But still, compared to a year ago, that's still quite high, right?
what do you expect? people have high expectations esp those newcomers. if they haven't experienced the 20k+ level, they will surely be disappointed with the price today. but if they look at the big picture and compare it with the previous years, they will be grateful for what we have today. and with the increasing adoption, we are still very positive that the price will be heading to bullish direction. but when? no one can tell.
but for those who believe that btc or other alts will have a good run later on, then, take advantage of what we have today, get some of those valuable alts while you can.
I would say this is the case every single year, last week of the year and beginning of the year has always been bearish but I don't think we need to worry much because bitcoin has found stability around $40k and we have to worry only if bitcoin drop further and unable to touch $40k mark for over a week. We may or may not experience bull run like last time but definitely we will see gradual improvement if bitcoin manages to stay above $40k for a while.
Looking at the positive side, the market has always been bearish at the start of the year so we can also grab the chance of accumulating more potential coins in preparation throughout the year. So its even a good opportunity i think that we will be more profitable once the bullish season starts to appear at the last quarter of the year. Even if bitcoin drops below $40k this time, i think we need not to panic and develop fears because we know the fact that it will always recover every time it dumps. So just be patient for now. 
I would say this is the case every single year, last week of the year and beginning of the year has always been bearish but I don't think we need to worry much because bitcoin has found stability around $40k and we have to worry only if bitcoin drop further and unable to touch $40k mark for over a week. We may or may not experience bull run like last time but definitely we will see gradual improvement if bitcoin manages to stay above $40k for a while.
What's mentioned is the indication. If the price drops down to $40k, then it'll take time for recovery. There is good momentum around $40k, however the price has been declining gradually and now it has come down to $42k. Around a week back similar move happened and slowly took phase and reached $43k. We can't get into conclusion about the market, because the real trend hasn't started.
Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.
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.
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.
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