I am Bullish On Bitcoin Despite Bear market

Fatunad

sr. member

Activity: 2296

Merit: 360

Quote from: martyns on February 07, 2023, 03:50:05 PM

Always happy to see the market stutter into a slump with long red candles on the bitcoin chart and a clear downturn. When my coworkers were moaning about their losses during the bear market, I was really calm because I had a straightforward strategy when I first entered the market. consistently snagging more coins during bear seasons and selling heavily during bull seasons. The both seasons doesn't last, either a bull season is enforced or bear.

For those experienced ones then they would really be seeing on this way on which on the time that bears do take up the pace or the trend then this is where we do see the opportunity for us to get in.
For those who do have the money or funds will really be longing on waiting for the bottom price and where everyone is on panic which is the right indication that this would be the right time to make some entry
or accumulation. You do have the experience and awareness on how this market behaves or works which it would really be that normal that you are aware on what are the move or action
to be taken into these particular times but sometimes which emotions would really be boggling you up mainly.

martyns

full member

Activity: 840

Merit: 137

Always happy to see the market stutter into a slump with long red candles on the bitcoin chart and a clear downturn. When my coworkers were moaning about their losses during the bear market, I was really calm because I had a straightforward strategy when I first entered the market. consistently snagging more coins during bear seasons and selling heavily during bull seasons. The both seasons doesn't last, either a bull season is enforced or bear.

Lida93

hero member

Activity: 938

Merit: 605

Leading Crypto Sports Betting & Casino Platform

Quote from: GeorgeJohn on January 09, 2023, 10:03:16 AM

Quote from: gunhell16 on December 24, 2022, 06:13:07 AM

So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen?

Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right?

what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.

There's no doubt we're still in the bearish market despite the elevating changes bitcoin is gradually making in price. But all of these whether it's a bear or bullish it all depends at what market price at which you bought your own BTC. Cause for someone that both at the price of $55k then it's still bearish to him, but to another that both from around the $16k or $17k level from which the market price is currently rising from, it's a bullish market for such a person now that bitcoin price is at $23k.
So in my opinion the market status all depends at what price you jumped in relative to the current market.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

I am also very optimistic, I know that bitcoin will go up, for now bitcoin has been going up in an integral way and I like that, it is something that we have all been waiting for, normally this little rally that has happened I expected it to happen more than 4 months ago I had a lot of hope for December 2022, but I think that the conditions are not yet given, I think that one of the things is also because we are waiting for the whales to make their move, we can also see that some have moved their money from exchanges to their wallets, because of FTX, and it is normal, now a natural indicator is when we see that many funds are moved to exchanges.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Hamza2424 on January 20, 2023, 12:13:01 PM

I think the overall market is pretty Bullish as per recent developments. I was in doubt until last day that market might be in trap situations. But today I'm now sure for now that yes the bull really is going to be continue a small doubt still exists and it is going to be remaining until BTC break 24k 25k resistance. After that I'm sure Market is highly Bullish.

Im not really that still that confident that this would really be running through all the way to 25k but if it would then it will really be good on seeing those numbers again but i doubt that this would be a smooth sail ride.

Im waiting for the significant effects of this news.
Genesis, a Crypto Lending Firm, Files for Bankruptcy
https://www.nytimes.com/2023/01/20/technology/genesis-bankruptcy-crypto.html

If the market wont really be affected out with this fundamental then its good but i still highly doubt on this one.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

I think the overall market is pretty Bullish as per recent developments. I was in doubt until last day that market might be in trap situations. But today I'm now sure for now that yes the bull really is going to be continue a small doubt still exists and it is going to be remaining until BTC break 24k 25k resistance. After that I'm sure Market is highly Bullish.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Stunish on January 13, 2023, 05:00:05 AM

Smart investors create a bull market.

Smart investors make money from the market, they are not the reason of a bull market. Rather smart investors will sell in a bull market making it a bear market and so it might seem as if they caused the bear market, which is again a false narrative.

Being bullish like I said, takes courage and knowledge about previous days of that asset. Not everyone has the guts to make such predictions and therefore new investors find it difficult to conclude that future days of the same asset would be good.

However it is a cycle and watching it closely one can opine over the course of a few years that indeed investing in bitcoin at low prices means profits. That is what a smart investor has in the back of their mind.

GeorgeJohn

hero member

Activity: 1666

Merit: 723

Enjoy 500% bonus + 70 FS

Quote from: crzy on December 23, 2022, 04:39:12 PM

Recovery will happen soon and its inevitable, we know this already and those who are prepared will get a huge reward in the next bull run. There’s no assurance though for the next drop, so better to buy now and just buy more if Bitcoin drops to that $14k level. 2023 will be a great year for crypto, let’s be more positive on this.

Even now that the market is showing little acceleration, i think that it should be better to invest now and wait until the bullrun will come fully, because what we are saying concerning the market changing is just like a preamble. So i believe we have to scrutinized the market by using chart to understand the strength of bullsh market before by purchasing coins.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: fullhdpixel on January 13, 2023, 12:49:43 PM

Quote from: Majestic-milf on January 13, 2023, 06:03:03 AM

I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over.

I do agree that it looks a lot better right now and that means the increase should be pointing out to something. The initial thing that comes to mind is that 2022 was a bad bear year and 2023 will be a different year, people took that 1st of January as a clean cut of a whole new start to everything and willing to spend more money on bitcoin.

However, we should also be aware of the fact that crypto is not the whole thing, there is a true situation where we will end up with a proper result in the long run. I mean it is not going to be that much of a hard deal if we keep it going, but if we do not then people should be ready for the price to not be bullish right away.

though last year seemed to be a bearish season, it was a very good opportunity for some to collect more satoshis at a cheaper price. because right now, if they bought it around 17k, they are already reaping their profits at today's price. but guess, they won't be selling at 20k but will wait for better price to come. that's why bearish or bullish, it depends on the user how he will attack the market. will he get disappointed or look for alternative options how to get the most out of this volatile market?

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: Majestic-milf on January 13, 2023, 06:03:03 AM

I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over.

I do agree that it looks a lot better right now and that means the increase should be pointing out to something. The initial thing that comes to mind is that 2022 was a bad bear year and 2023 will be a different year, people took that 1st of January as a clean cut of a whole new start to everything and willing to spend more money on bitcoin.

However, we should also be aware of the fact that crypto is not the whole thing, there is a true situation where we will end up with a proper result in the long run. I mean it is not going to be that much of a hard deal if we keep it going, but if we do not then people should be ready for the price to not be bullish right away.

Volimack

member

Activity: 462

Merit: 13

★Bitvest.io★ Play Plinko or Invest!

Investing in bitcoin is nothing to be dissatisfied about the popular request of utmost dealers and investors is the bull request. This is because the value of the shares is constantly rising in the bull request. But when the stocks come overrated in the bull request, it becomes veritably dangerous for the investors. In this situation of the request, when the stock price is constantly above utmost people get greedy and aggressively invest in haste without any analysis.

Majestic-milf

hero member

Activity: 1008

Merit: 629

I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over.

Stunish

copper member

Activity: 28

Merit: 0

The bull market creates stupid investors,
Stupid investors create a bear market,
The bear market creates smart investors,
Smart investors create a bull market.🔄

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

I guess the bottom for bitcoin is in since the price is spiking up by the time we speak.
Currently price of bitcoin is around $18.7k which is a good sign since the price was idle around $16k.
It's kind of a relief to see bitcoin goin up again since we have come down all the way from $69k.
But again we cant be sure if the bottom is completely in because we have see such pumps followed by huge dumps again.
So we'll have to carefully monitor this trend and DCA at the right time to take good profits.

Blawpaw

legendary

Activity: 1596

Merit: 1027

Quote from: fennic on December 22, 2022, 11:38:53 AM

Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but,
before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k,
but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA)
& Next Elliot 5th wave will be huge 🔥⏳
I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks.
Here is chart that I am giving technical knowledge.

Im starting to het bulish as well. Bitcoin is going up bit we may see a rejection. It Broke out from the bearish triangle and touched $18.4k level. Currently, there is a strong resistance at $18.3k-$18.5k. the Bulls need to clear the resistance level and hold above it by daily close for more upside movement.
A rejection from here will take the price down to $17k-$17.5k.

Fullcoinese

full member

Activity: 407

Merit: 136

Quote from: JeffBrad12 on January 11, 2023, 06:27:47 PM

Quote from: Rodriguezan on January 09, 2023, 02:48:09 PM

I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again.

this year around gonna be tough year, there are many things need to be overcomed first like the crisis around the world, I think it make sense more if the market will just remains like this, but of course if there's bullish around the corner that's gonna be welcomed but always prepare for the worst since quite literally there are many lays off which means economic crisis is coming for real.

but like what happened at the start of the pandemic. the market looks not so bad. there is even some positive news regarding the adoption of bitcoin as a safer payment alternative during a pandemic.
although the situation would be much different. because this crisis has been discussed by many economic observers. this would probably be a real hit for all markets. we still don't know what attitude traders and investors will show. because when a crisis occurs, almost all business sectors will be hit. if more would come into the market, it would be a great response. but if more is out of the market for real assets. that would be bad enough for the crypto market.

JeffBrad12

hero member

Activity: 2996

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: Rodriguezan on January 09, 2023, 02:48:09 PM

I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again.

this year around gonna be tough year, there are many things need to be overcomed first like the crisis around the world, I think it make sense more if the market will just remains like this, but of course if there's bullish around the corner that's gonna be welcomed but always prepare for the worst since quite literally there are many lays off which means economic crisis is coming for real.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: sana54210 on January 10, 2023, 10:19:53 AM

Quote from: GeorgeJohn on January 09, 2023, 10:03:16 AM

Quote from: gunhell16 on December 24, 2022, 06:13:07 AM

So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen?

Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right?

We don't need to be curious of the price of Bitcoin either it will increase today or fall tomorrow, what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.

"According to chart" as in we have been dropping for a year now. Just because the past looks bearish, doesn't mean the future is. And we need to care about the future because the past has already happened. Yes we were 68k at one point, and yes we dropped under 17k and I understand that it looks bearish to you because of this.

But, what can you do about that drop? Absolutely nothing. Which means that you should instead focus on the future and we have no idea if the future is bearish or not. It could be a lot better in the coming year, maybe in 2023 we will peak at 100k, maybe peak at only 30k but we could have a good year and we should be caring more about that.

We cant really be that bearish forever and its normal for a market to have this kind of trend or condition on which everything would really be going down to the bottom which it is really caused by that extreme fear
and anxiety towards the market which would result out for panic selling.Good for those who had sell out on peak and assuring out their profits and bad to those who had been caught and leaving themselves on the top.
If you are really that came prepared before you do tend to engage on crypto space then you wont really be making yourself that impulsive for whatever things that you would be facing on
Just do the basics when it comes to risk taking and having that proper control of emotion.

sana54210

legendary

Activity: 3346

Merit: 1128

Quote from: GeorgeJohn on January 09, 2023, 10:03:16 AM

Quote from: gunhell16 on December 24, 2022, 06:13:07 AM

So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen?

Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right?

We don't need to be curious of the price of Bitcoin either it will increase today or fall tomorrow, what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.

"According to chart" as in we have been dropping for a year now. Just because the past looks bearish, doesn't mean the future is. And we need to care about the future because the past has already happened. Yes we were 68k at one point, and yes we dropped under 17k and I understand that it looks bearish to you because of this.

But, what can you do about that drop? Absolutely nothing. Which means that you should instead focus on the future and we have no idea if the future is bearish or not. It could be a lot better in the coming year, maybe in 2023 we will peak at 100k, maybe peak at only 30k but we could have a good year and we should be caring more about that.

blockman

hero member

Activity: 3066

Merit: 629

20BET - Premium Casino & Sportsbook

Quote from: Rodriguezan on January 09, 2023, 02:48:09 PM

I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again.

Not to burst your positive bubble but with what I've learned in the past years with the market during these bulls and bears it is that I shouldn't time the market.
We know that bull is about to come but we don't know when, whether it's going to be for this year by next year after the halving, and so on. I've just learned plenty of lessons that I shouldn't be overwhelmed by the market because things might go differently from our expectations if it has ever happened based from the given time that I'm thinking about.

Topic: I am Bullish On Bitcoin Despite Bear market (Read 987 times)