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.

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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.

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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.

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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.

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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.

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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.

savetheFORUM

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Quote from: mamesso on January 29, 2022, 12:20:39 AM

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

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.

There is no need to be sad when market conditions continue to decline. You can take action for profit, Bitcoin just lost 50% of its value after being hit by a Bearish storm, usually when conditions are bad, Other altcoins have also experienced drastic price drops.
It is very difficult to predict the duration of a bear market and at what price the bearish will stop or the lowest maximum number. Bear Market is a nightmare for investors holding crypto assets, but you can take advantage of this condition to go down to the market and buy crypto assets at low prices, don't forget to also use a combination of technical and fundamental analysis so that you can choose the right crypto asset.

We cant say that they cant be sad because maybe they already did the wrong move or they already sell at a loss and they really feel bad about it but for us that have not sold yet, we still have the chance to recover so instead of worrying, it will be better for us to stay positive and what you are saying about taking action for profit ? But how? I think that its impossible to do right now. It already comes to you mouth that whatever happens to bitcoin will also happen to altcoins and bitcoin is in a bad shape right now.

@OP
No, not at all. There are new year's too that cryptocurreny prices are healthy but only they do not come very often.

STT

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We are attempting a break past the downtrend right here at 39k. Its above the weekly average in doing so and for the moment keeps alive the idea that BTC will now resolve the negative trend to attempt a higher price once again.

I do think whatever happens over this weekend with certain exchanges also has to be replicated and probably repeated during the week by all exchanges simultaneously. Consensus and also volume makes that probable as highest volume is during the working weekend very often.

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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.

The correction seems to be much longer this year. Hope 2022 should support back like it supported in 2021. Yes even alt coins are not moving up. 2022 Jan has not showed up a lot but hope the upcoming months will support back. After every corrections especially after a long correction,we can expect an unexpected pump. Hope this February should either support Altcoins or Bitcoin.

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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.

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.

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Quote from: cheezcarls on January 29, 2022, 07:17:25 AM

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

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.

It’s how it is mate. You can’t expect always that cryptocurrencies are off to a great start anytime of the year. It doesn’t give a specific timeline or period on their exact bull and bear runs. Now we all thought that the 4th quarter is always the bull run period of Bitcoin, but this isn’t the case anymore. Look at the charts of December 2018 and 2021 where we see the bear run period of BTC. Always expect the unexpected.

If you are thinking long term about BTC, I suggest you don’t mind what is the current price right now, because it’ll eventually be making a surprise bull run anytime without warning.

Lessons learned again in, December is not always a period of massive peak of price. It could happen much earlier like November wherein we already reaches the top price of around $68k. And then many expected that December will be like the penultimate push to a new all time high, a 6 digit price that didn't happen. So yeah, expect the unexpected and just be observant of the market movement as the sentiments might really be shift in just an instant.

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

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.

It’s how it is mate. You can’t expect always that cryptocurrencies are off to a great start anytime of the year. It doesn’t give a specific timeline or period on their exact bull and bear runs. Now we all thought that the 4th quarter is always the bull run period of Bitcoin, but this isn’t the case anymore. Look at the charts of December 2018 and 2021 where we see the bear run period of BTC. Always expect the unexpected.

If you are thinking long term about BTC, I suggest you don’t mind what is the current price right now, because it’ll eventually be making a surprise bull run anytime without warning.

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Quote from: asrinur on January 29, 2022, 05:48:10 AM

Indeed, at the beginning of this year bitcoin and altcoin prices were hit by negative issues that made the price plummet even bitcoin experienced the deepest price decline until it fell to the level of $ 33k a few days ago

The downstream of bitcoin started since last year November to December, and it was the same period people started lamenting on the prediction of bitcoin and mostly the acceleration of it without knowing that it may result out down fall, it's not surprised that the price began to reduce without direction this year, so the aspect of ATH it's very clear that bitcoin is father's of other coin, immediately it have deficiency via market demand and supply it really encroached or extend to other coins, know any other coin can arise without bitcoin getting values or increasing to another height.

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Quote from: usekevin on January 28, 2022, 10:27:41 AM

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

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.

Now the crypto was at the dump.You should not get depressed when the price reduced to any new low values. People should keep inverse at all the dump. The dump is not a permanent in the cryptocurrency field. Just wait for some week or one month, the price will back to the high value.Holding for the one month is essential for now. People was sad due to their trading and price reduction. No need to worry at the dump and hold to get good high values.

How sure you are that Bitcoin will bounce back in just a weeks or a month?
I mean does it really matter, everybody is rushing for Bitcoin to bounce back that quickly. Corrections and dips are essential to the market cycle.
Without correction Bitcoin will never get to reach new ATH.
I might wanna add - During dump, there is actually you can do better than just holding, try buying some more fractions and I tell you, you will never ever regret adding more Bitcoin to your portfolio during sharp corrections occur.

asrinur

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Indeed, at the beginning of this year bitcoin and altcoin prices were hit by negative issues that made the price plummet even bitcoin experienced the deepest price decline until it fell to the level of $ 33k a few days ago. I think, in the next few months the price of bitcoin will recover and there will be another increase. Well, while the price of bitcoin is going down, investors should be able to take advantage of this momentum. After buying, then storing, and selling when prices rise or break through their highest levels like in 2021 ago, where the price of bitcoin had broken through an all-time high of $68k in November 2021.

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

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.

Moments like this can be used as an opportunity to collect, because the real price decline does not have to be seen from the movement at the beginning of the year with bloody market conditions.
when constrained by capital in a condition of falling, the holders must take advantage of short-term trading to simply increase.
then make use of reserve capital in terms of overcoming a falling market.

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

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.

There is no need to be sad when market conditions continue to decline. You can take action for profit, Bitcoin just lost 50% of its value after being hit by a Bearish storm, usually when conditions are bad, Other altcoins have also experienced drastic price drops.
It is very difficult to predict the duration of a bear market and at what price the bearish will stop or the lowest maximum number. Bear Market is a nightmare for investors holding crypto assets, but you can take advantage of this condition to go down to the market and buy crypto assets at low prices, don't forget to also use a combination of technical and fundamental analysis so that you can choose the right crypto asset.

usekevin

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

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.

Now the crypto was at the dump.You should not get depressed when the price reduced to any new low values. People should keep inverse at all the dump. The dump is not a permanent in the cryptocurrency field. Just wait for some week or one month, the price will back to the high value.Holding for the one month is essential for now. People was sad due to their trading and price reduction. No need to worry at the dump and hold to get good high values.

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Quote from: traderethereum on January 20, 2022, 10:02:23 PM

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Quote from: Fundamentals Of on January 20, 2022, 03:03:46 AM

We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

This is an opportunity to buy so why feel discourage where you can have good coins at a cheaper price. Your emotion should be set aside because you have to look at the market on its real numbers and not based on your emotion. We might not start the year right but for sure we will rise in the middle and that could continue until the year end, there’s still plenty of time for this so don’t panic.

If you can use this time to buy at the dip, you will see the benefit in the future after the price increases.
You will forget this time because you see your profit become bigger, making you happy.
You should control your emotion if you see the bearish time come because that will be your best time to buy many good coins at a low price.
But you can leave the market and leave your coins there while you can make yourself busy with the other things so you will not feel too sad to see the price is at the dip.

I agree, people are panicking for no reason at all, it is true the price is now below the 40k level which was considered to be the floor for the price of bitcoin, but even if right now the price is at 35k this is a huge opportunity for those that are not afraid to buy the dip, how many people have been wishing that the price of bitcoin was lower so they could buy more of it? Well, this is the chance, after all even if the price of bitcoin went lower I think it will be hard for bitcoin to go below 30k level, so we are as close to the bottom as we could get, making this a perfect opportunity to buy some bitcoin.

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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.

If the support gets tested again a couple of times then surely the price can go below $30k and that would mean that the price can further go down and bearish cycle with bitcoin lasts for very long period of time, this is also looking like the case when the Bitcoin price broke $20k mark for the very first time and then in a couple of months the price spiraled down to about $5k. What are your thoughts, are you buying this dip or waiting for the $30k support to break so that you can buy more cheap bitcoins.

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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.

It may or may not. I don't know what will happen at the end of the year but I doubt very much that the next few months will be bullish and we will beat last year's ath of over $70K. With the FED withdrawing stimulus, and Russia and the EU considering banning mining, it is normal that we will have a few months with low price. Surely we will recover a little from the recent fall but I do not see spectacular rises, unless we have news like Amazon accepting Bitcoin or something like that but I see unlikely news like this in this environment.

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Quote from: sheenshane on January 18, 2022, 06:18:21 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.

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.

I totally agree with you, I think the same, in fact I have always analyzed BTC with the Wyckoff method and of course when evaluating it on a long-term basis we are in a bullish trend, and I think that is the dominant trend, in these moments the fall of BTC is an infallible and very healthy correction that must occur in every speculative market, however not everything is written and anything can be expected, it can go lower, or even recover and give a new ATH, everything depends right now even of the same fundamentals worldwide.

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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.

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Quote from: traderethereum on January 20, 2022, 10:02:23 PM

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Quote from: Fundamentals Of on January 20, 2022, 03:03:46 AM

We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

This is an opportunity to buy so why feel discourage where you can have good coins at a cheaper price. Your emotion should be set aside because you have to look at the market on its real numbers and not based on your emotion. We might not start the year right but for sure we will rise in the middle and that could continue until the year end, there’s still plenty of time for this so don’t panic.

If you can use this time to buy at the dip, you will see the benefit in the future after the price increases.
You will forget this time because you see your profit become bigger, making you happy.
You should control your emotion if you see the bearish time come because that will be your best time to buy many good coins at a low price.
But you can leave the market and leave your coins there while you can make yourself busy with the other things so you will not feel too sad to see the price is at the dip.

If you're feeling pressured by the current state of the market, it's best to take a break for the next few months to put your mind at ease if you can't do anything about it.
actually what happens to the current crypto market movement is normal which always happens every year and after that it increases again, only time will tell and also strong patience because the increase will definitely happen.
this year is still very new and not even a month so why worry and predict Also it is still too early and there are still months to come that we don't know what will happen yet.
it is better to take advantage of the current decline to buy gradually every time the decline occurs and hold for the long term and enjoy future profits.

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Quote from: Fundamentals Of on January 20, 2022, 03:03:46 AM

We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

This is an opportunity to buy so why feel discourage where you can have good coins at a cheaper price. Your emotion should be set aside because you have to look at the market on its real numbers and not based on your emotion. We might not start the year right but for sure we will rise in the middle and that could continue until the year end, there’s still plenty of time for this so don’t panic.

If you can use this time to buy at the dip, you will see the benefit in the future after the price increases.
You will forget this time because you see your profit become bigger, making you happy.
You should control your emotion if you see the bearish time come because that will be your best time to buy many good coins at a low price.
But you can leave the market and leave your coins there while you can make yourself busy with the other things so you will not feel too sad to see the price is at the dip.

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Quote from: crzy on January 20, 2022, 04:59:24 PM

Quote from: Fundamentals Of on January 20, 2022, 03:03:46 AM

We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

Correct, just keep on buying great coins and projects even if the market is falling because for sure it can still recover and you will not regret it because of the sacrifices that you have made during the down trend. This is just a first month of the year, expect many ups and downs the whole year because this has been the trend of cryptocurrency, just enjoy the ride.

Others are saying it is unfair or even wrong to continue saying things like buy more at cheap prices or be excited when the prices are down. We all know there are many of us who bought Bitcoin at higher prices. We are sad that we are losing as far as those prices are concerned. That is a fact. But can we do something about it? No, there's nothing to be done. We can only wait. What is more important for now is that if we have extra money, it is best to grab the opportunity while the price is down. It can't always be this cheap.

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Quote from: Fundamentals Of on January 20, 2022, 03:03:46 AM

We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

Correct, just keep on buying great coins and projects even if the market is falling because for sure it can still recover and you will not regret it because of the sacrifices that you have made during the down trend. This is just a first month of the year, expect many ups and downs the whole year because this has been the trend of cryptocurrency, just enjoy the ride.

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Quote from: tygeade on January 20, 2022, 03:51:14 PM

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

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.

Any one who has been in the crypto space for a long time should understand this and not see it as a problem, because it has continued to happen almost every year. I don't think anyone should panic over this because bitcoin has proved itself formidable over time. The current situation of market is indecisive. It means market will become bullish at any moment because there is no impacting negative news are around and in all such situations bitcoin market is known for becoming bullish hence this time may not be an exception for sure.

Of course, bitcoin will always end up being bullish, but i am seeing it more like bearish these days as its price never even breaks the resistance level of $45k and its price just staying around $41k-$42k in these past days. As well as with altcoins who are only depending their price moves on bitcoin. And this is not new really as its always been the case at the start of the year. But i have still high hopes that bitcoin will still be bullish before this year ends and will end up having its new ATH.

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

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.

Any one who has been in the crypto space for a long time should understand this and not see it as a problem, because it has continued to happen almost every year. I don't think anyone should panic over this because bitcoin has proved itself formidable over time. The current situation of market is indecisive. It means market will become bullish at any moment because there is no impacting negative news are around and in all such situations bitcoin market is known for becoming bullish hence this time may not be an exception for sure.

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

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.

that's how the market works mate wherein after making good progress there will be a correction after all, its a expected season actually since from the beginning as it's like a roller-coaster to make the story short.. Many people wondering why these always happened without knowing that its the only way in order to have a good achievement in the future. As the matter of fact we never see that bitcoin didn't make any progress after the massive decline.

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We should not be discouraged even when the prices are low. Even if it is the month of January, February, October, or December, we should not be discouraged with these bearish days. It is not because it is the beginning of the year that it is understandable. It is because the cycle is always there. There are sunny and rainy days in Bitcoin. These are rainy days. But these rainy days are also good in one way or another. During these times, it is good to finally do the buying that we've all been waiting for. There is always a silver lining.

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

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.

I may not call the current situation "miserable" still it is a down time but the good the good thing is bitcoin is proving its capability to stay above $40k levels which is a good thing that we need to consider for speculating about the upcoming trend of bitcoin market. I am sure sideways market is not a worrying sign to assume about the condition as miserable. We need to be patience by making use of dips to get ready for the bullish markets of 2022. Yes, we are going to have new ATH in this year and preparing for that will get anyone decent profits.

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Quote from: GreatArkansas on January 19, 2022, 08:31:35 PM

If you guys experienced the last quarter of 2017 and the beginning of 2018, it was almost the same.
We saw a huge run on last quarter - last month of 2017 and starting on January 2018, dump started.

Yeah, who wouldn't forget that, specially in my case because that's the first time I have experienced a bull run and everything is preaching that bitcoin will not go below $10k. But the price goes down hard in the first quarter of 2018 and the rest is history.

Quote from: GreatArkansas on January 19, 2022, 08:31:35 PM

I am just curious for now because not most of the altcoins pumped, compare to before when a lot of people telling us that was the "alt season".

It's because of the hype still in some altcoins, NFT's and some other meme coins still dominating the altcoin market so far. But if the hype is gone then maybe we might see signs of bearish trend in the altcoin market.

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No this is not always the case. A year ago was very bullish and most people assumed it would be bearish because 2020 like 2017 was a good year for Bitcoin and many made profits, hence they waited until new year to sell for new tax year.

So we assumed this was a good indicator but obviously it’s not the case every year. It’s hard to say how the year will go. Bitcoin is highly correlated with the stock market right now and the markets are scared of all the rate hikes this year. However this is mostly priced in. So no one knows what the future will hold.

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If you guys experienced the last quarter of 2017 and the beginning of 2018, it was almost the same.
We saw a huge run on last quarter - last month of 2017 and starting on January 2018, dump started.

I am just curious for now because not most of the altcoins pumped, compare to before when a lot of people telling us that was the "alt season".

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Quote from: poldanmig on January 19, 2022, 07:07:19 AM

Quote from: michellee on January 19, 2022, 05:53:28 AM

You do not need to worry as the positive things for crypto will come soon. You need to prepare yourself by buying many potential coins, including bitcoin, and not panic and decide to sell at a low price. This year could be the same as previous years as the correction still occurs after reaching the highest price and we still do not know when it will be over. Hopefully, this situation will not stay longer and will bounce up to the high price after it back to the low price so we can expect to profit later.

The decline in crypto prices that is happening now is a common thing that happens every year, we can see last year the crypto market also experienced the same thing as what happened this year, but after the decline in bitcoin prices actually returned to a positive track and even at its peak bitcoin was recorded to have reached ATH in November last year, as you said, the current price decline could actually be an opportunity for us to increase our crypto portfolio at a low price, so there is no need to panic at this time and we just need to be patient if the market will improve again.

Yes, that is what I mean. People often feel regret and sad when they see the decline of the bitcoin prices instead of seeing that it is the best opportunity to buy bitcoin at a low price. The decline will always be at the market many times so we do not have to panic but we need to calm down and still analyze to know when to buy bitcoin. If you can do that, you can buy bitcoin many times at a low price and sell it when the price increases. Indirectly, you are using the basic method to profit from trading.

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Quote from: Johnyz on January 19, 2022, 03:50:45 PM

Quote from: Oceat on January 19, 2022, 02:37:28 PM

Most of these people who complained about the beginning of the year are newbies or no idea about the market situation like the price of 2017 vs 2020. They just want a quick pump like there's no stopping as if there are no traders who do buy and sell that's why the price fluctuate. The best option they have if the market seems declining is to hodl or accumulate more by buying the dip since the price is cheaper compared to when it's in the bull run.

Many don’t know what to do during the bear trend since they are not ready to lose money since they think cryptocurrency is always about profit which is wrong, that’s why many are panicking now. Well, corrections is very normal and its too early to say that 2022 will be a great year, you just need to analyze more and see the whole market situation including its price history trend.

Some people forget that investing in crypto does have a very high risk, so investing in crypto does not only promise big profits, but investing in crypto
must also be prepared to face losses if we make the wrong decision. Therefore, why should we learn everything about crypto first, before finally deciding
to invest in crypto. So that people understand how crypto works, at least if they have good knowledge become ready to face whatever happens
in the market, including if there is a bearish trend like now, they don't panic and can deal with it patiently.

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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.

You know what's positive? Bitcoin had a really strong resistance that it didn't fall below $40,000 when everyone is expecting the bearish trend that might bring Bitcoin back to $30k or $20k level.
This only means that, the longer Bitcoin hold onto that level the slimmer the chance for the price to fall below $40k and the next thing we might see is an upward momentum again that'll hit not only just a new ATH but we might see a 6 digit figure for Bitcoin.

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Quote from: Oceat on January 19, 2022, 02:37:28 PM

Most of these people who complained about the beginning of the year are newbies or no idea about the market situation like the price of 2017 vs 2020. They just want a quick pump like there's no stopping as if there are no traders who do buy and sell that's why the price fluctuate. The best option they have if the market seems declining is to hodl or accumulate more by buying the dip since the price is cheaper compared to when it's in the bull run.

Many don’t know what to do during the bear trend since they are not ready to lose money since they think cryptocurrency is always about profit which is wrong, that’s why many are panicking now. Well, corrections is very normal and its too early to say that 2022 will be a great year, you just need to analyze more and see the whole market situation including its price history trend.

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

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.

Personally I cannot see how a price above 40k can be considered to be bad for bitcoin, that is more than twice the previous ATH reached in 2017, bitcoin is doing fine, it is impossible that an asset grows every single day, there must be some corrections along the way and that is what we are experimenting, to me this is not something worth worrying about, and if they are, then if the price goes down even more then it could become almost impossible for those people to keep holding their coins.

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Most of these people who complained about the beginning of the year are newbies or no idea about the market situation like the price of 2017 vs 2020. They just want a quick pump like there's no stopping as if there are no traders who do buy and sell that's why the price fluctuate. The best option they have if the market seems declining is to hodl or accumulate more by buying the dip since the price is cheaper compared to when it's in the bull run.

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Quote from: Jating on January 19, 2022, 08:48:13 AM

there is also that scenario wherein the price really took a dive the whole year and there is no recovery in site, and this is called a bear market.

And this is what we might going to see in the next couple of years in the market is not going to recover this year. As the market is in a cycle, last year we have enjoyed a all time high of $69k and now it seems that the price is really going down hard and it could be the start of a bear market.

Recovery could still happen, we are inside the first 3 weeks of the whole year, we have 49 more weeks to come. Do not be hopeless about the crypto prices this quickly. I get that it doesn't look great right now, but we all know how quick and volatile prices could be. This doesn't mean that it will be a great year, we could still go under 20k and have a horrible year and fail to go above 20k for rest of the year, who knows? This is technically true and I am not against that.

However, the same could be said for going up as well, how could we be so sure that we won't be 70k+ and do not go under 70k+ for the rest of the year? That is also as possible as the bear situation as well. I believe that 2022 is still a long way before it is done and we should not try to make predictions or at the very least not try to name it bad year or good year just yet.

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Quote from: poldanmig on January 19, 2022, 07:07:19 AM

Quote from: michellee on January 19, 2022, 05:53:28 AM

You do not need to worry as the positive things for crypto will come soon. You need to prepare yourself by buying many potential coins, including bitcoin, and not panic and decide to sell at a low price. This year could be the same as previous years as the correction still occurs after reaching the highest price and we still do not know when it will be over. Hopefully, this situation will not stay longer and will bounce up to the high price after it back to the low price so we can expect to profit later.

The decline in crypto prices that is happening now is a common thing that happens every year, we can see last year the crypto market also experienced the same thing as what happened this year, but after the decline in bitcoin prices actually returned to a positive track and even at its peak bitcoin was recorded to have reached ATH in November last year, as you said, the current price decline could actually be an opportunity for us to increase our crypto portfolio at a low price, so there is no need to panic at this time and we just need to be patient if the market will improve again.

But there is also that scenario wherein the price really took a dive the whole year and there is no recovery in site, and this is called a bear market.

And this is what we might going to see in the next couple of years in the market is not going to recover this year. As the market is in a cycle, last year we have enjoyed a all time high of $69k and now it seems that the price is really going down hard and it could be the start of a bear market.

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Quote from: michellee on January 19, 2022, 05:53:28 AM

You do not need to worry as the positive things for crypto will come soon. You need to prepare yourself by buying many potential coins, including bitcoin, and not panic and decide to sell at a low price. This year could be the same as previous years as the correction still occurs after reaching the highest price and we still do not know when it will be over. Hopefully, this situation will not stay longer and will bounce up to the high price after it back to the low price so we can expect to profit later.

The decline in crypto prices that is happening now is a common thing that happens every year, we can see last year the crypto market also experienced the same thing as what happened this year, but after the decline in bitcoin prices actually returned to a positive track and even at its peak bitcoin was recorded to have reached ATH in November last year, as you said, the current price decline could actually be an opportunity for us to increase our crypto portfolio at a low price, so there is no need to panic at this time and we just need to be patient if the market will improve again.

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You do not need to worry as the positive things for crypto will come soon. You need to prepare yourself by buying many potential coins, including bitcoin, and not panic and decide to sell at a low price. This year could be the same as previous years as the correction still occurs after reaching the highest price and we still do not know when it will be over. Hopefully, this situation will not stay longer and will bounce up to the high price after it back to the low price so we can expect to profit later.

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Quote from: ?? on ??

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.

The lowest bitcoin price during this month's decline was at $40k and currently the bitcoin price is still at $41k so it is unlikely that there will be a further decline beyond the low during this downturn, as bitcoin has tried several times so far to return to its previous price but bitcoin can only last $43k-$44k, so I agree with your opinion that the price of bitcoin will gradually rise again.

Bitcoin has sustain its price at $41k since its value is always on the range between $41k to $43k and then its drops again. So for me, bitcoin is not yet totally bullish or even bearish on its part. But knowing the market is anticipating for the incoming bear season, then there will be high chances that bitcoin will still fall deeper on the next few days. It will only recover if there will be positive news that can trigger to push the price, and once the bear season will be over.

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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.

pooya87

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

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.

Quote

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.

Obito

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Quote from: TahuDiniHari on January 18, 2022, 10:48:03 PM

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.

TahuDiniHari

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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.

Wexnident

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I don't request loans~

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.

Darker45

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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.

sheenshane

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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.

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.

kawetsriyanto

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duelbits.com

Quote from: ?? on ??

~snip~

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.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

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?

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.

Kasabus

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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.

romero121

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Quote from: ?? on ??

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.

GoodLuckHK

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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.

Topic: Cryptocurrency status at the beginning of the year (Read 572 times)