Market sentiments ? - page 4. | Bitcointalksearch.org

Baofeng

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Quote from: onecall123 on January 22, 2022, 11:33:03 PM

Crypto market losses have reached $1 trillion since early November. In the last 24 hours, the market cap fell to a five-month low after losing $356B. 410 more Bitcoins were purchased by EI Salvador. Even though El Salvador isn't stupid, running an economy on Bitcoins at the same time is a bit odd. Currently, the mood is extremely bearish, so anything is possible, but if you're not convinced, be sure to do your own technical analysis on the points listed.

What do you expect? I mean the President is pro-Bitcoin so for sure he will buy as long as he can because he believes in it. So we might say that he is really stupid, but long term though, maybe this is what the President is looking for. Maybe in just 2-3 years, so maybe in the next bull run, he may see his investments grows many folds by buying cheap bitcoins today.

So he is taking advantage of the huge dip already in this bearish mood.

savetheFORUM

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Quote from: nira09 on January 21, 2022, 05:48:03 PM

Bitcoin market sentiment is currently bearish, Bitcoin has fallen several times past the support line and is struggling to recover, Even Bitcoin is struggling to hold its price above $40000 USD, Bitcoin is currently at $36200.
The significant drop in price also led traders to opt out of trading for a while, waiting for good news for Bitcoin.

But, everyone was verry optimistic with bitcoin and they always says that btc's next ATH will be at 100k dollars and in that every new year people always have positive sentiment for all the cryptos not only for bitcoin.

I know there are people that got tired from assuming that btc will reach at a price like this and I must be one of them, it is okay not to assume all these and stick to what the reality is giving. I mean the current dips are good levels to buy more for all of us and this way, the market sentiment should be into accumulation phase. When more people are into accumulation then we can slowly get into "recovery phase".

onecall123

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Crypto market losses have reached $1 trillion since early November. In the last 24 hours, the market cap fell to a five-month low after losing $356B. 410 more Bitcoins were purchased by EI Salvador. Even though El Salvador isn't stupid, running an economy on Bitcoins at the same time is a bit odd. Currently, the mood is extremely bearish, so anything is possible, but if you're not convinced, be sure to do your own technical analysis on the points listed.

adaseb

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Market sentiment right now is extremely bearish. So I think that $34K was the local bottom for now however most likely it might reach some resistance near $40K and head back down and break $30K.

Many people were liquidated and many sold at a huge loss. Imagine buying at $69K and having your investment lose half its value within 2 months. Lots of fear right now. Complete opposite of what it was when we were at $69k and $100K was gauranteed to hit in nov/dec just like that guy plan2 predicted with his charts.

mia_houston

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

These two things greatly affect the current decline in bitcoin prices, the whales panicked and threw away bitcoins at cheap prices and also the ongoing negative sentiment in the market that continues to occur makes bitcoin under quite strong pressure , if we consider the current decline, not much different from what happened in previous years, but it seems that the current situation is exacerbated by many other factors that we did not get during the decline that occurred in 2018 such as the pandemic, the number of mining bans and also greater interest rate hikes by the FED, and it all makes bitcoin worse now than the usual cycle that occurs every year, the decline in the price of bitcoin has now reached its lowest point in the last six months, and it doesn't seem like it will end if bitcoin has not gotten a strong push in the market so that it can trigger the price back rebound.

Furious 7

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Quote from: agustina2 on January 22, 2022, 05:54:30 AM

Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Lots of factors to look at why the price is continuing to fall but whatever it is, we should be aware of this already as it's not the first time we experience this kind of trend. A $5,000 fallback is alarming but it's something you can expect in a bear trend. That's how volatile the crypto market is.

We have no choice but to hug the trend as we can't do something about it. Rather than be stressed, if you have some extras, why not add some BTC quantity to your portfolio. You might not have a chance like this if you ignore the opportunity.

stress, panic and regret can actually be said to be too late now because indeed the decline has occurred.
but on the other hand look at the positive side right now because indeed with a fairly large decline and correction, many even say that it is bearish, it means indirectly making it clear that bullishness will not last long, and why don't we enjoy the current decline because we regret it even too late because your assets have shrunk quite a lot by now

agustina2

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Lots of factors to look at why the price is continuing to fall but whatever it is, we should be aware of this already as it's not the first time we experience this kind of trend. A $5,000 fallback is alarming but it's something you can expect in a bear trend. That's how volatile the crypto market is.

We have no choice but to hug the trend as we can't do something about it. Rather than be stressed, if you have some extras, why not add some BTC quantity to your portfolio. You might not have a chance like this if you ignore the opportunity.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: goinmerry on January 22, 2022, 04:23:18 AM

Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

You just have to be used to seeing it. Thinking too much about it will give you emotional stress. Whenever we are in a bearish trend, there are really people who are not strong enough to accept what they see in the market.

and we can prevent that from not checking the market from time to time and this is my attitude each time market is showing weakness like this time.

i stop surfing exchange and even prevent reading threads here about dumping market.

Quote

Whatever the reason, this is normal to see. For how long it will last, no one knows.

Yups, this is the proof of how volatile and how healthy this market is , showing ups and down .

Quote

Better prepare yourself for things you don't like to see.

actually in time? he will literally realized that , because whatever the market move? that is designated for what will be the future .

buwaytress

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Quote from: OgNasty on January 21, 2022, 05:58:37 PM

I feel like we're getting there, but at $29K the market will really hit panic capitulation I think. I'm just wondering if we'll hold there and resume rising upward, or if we'll fall all the way back to the base of this runup as would be expected from looking at previous cycles. If you're a believer in patterns, you might say that $10K is inevitable. There's a lot of big money on board at around $30K though, so we'll see if they choose to defend their investment from a loss or sell and move on. Certainly companies like Tesla have the capability to elevate the Bitcoin price if they want to. I guess the question is if they feel the Bitcoin community is worth investing in or if they should focus their efforts elsewhere. We are starting to see a battleground form as companies like Facebook are heavily diving into the Ethereum infrastructure, while Elon Musk wants to make Dogecoin the default payments crypto, & companies like Microstrategy are betting everything on holding Bitcoin. It will be interesting to watch this next cycle unfold and see which business investments turn out to be genius, and which were dumb in hindsight.

And we're not that far off from 29k. Another couple of consecutive days of Bitcoin shedding 5% and it'll easily lead to another sell-off tranche, and then we'll be breaking 30k, and it's anybody's guess where we'll end up when that cliff's broken off.

I don't really believe in patterns but the belief that we'll never revisit an old ATH from a previous cycle on the way down from a current cycle is one I've rather superstitiously held on to. Going sub 20k would be hard for me to comprehend for a while.

goinmerry

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

You just have to be used to seeing it. Thinking too much about it will give you emotional stress. Whenever we are in a bearish trend, there are really people who are not strong enough to accept what they see in the market.

Whatever the reason, this is normal to see. For how long it will last, no one knows.

Better prepare yourself for things you don't like to see.

Sled

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Bitcoin- in bullish time

Quote from: Oshosondy on January 22, 2022, 01:39:53 AM

Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

It is now more than that, there have being massive drop since some days ago but it happened to be more this weekend starting from yesterday, may be the market will still continue to experience bear market. But what is most important is to invest as the market is falling, but not good to invest all at ones but to divide it and invest as the market is falling so the profit can be massive when the price rise again.

Know that the market is like this, pump and dump project can be manipulated but the whole general crypto market manipulation can not be great as altcoins are following the price if bitcoin. It will be hard to highly manipulate bitcoin price. But just that this is a bear time.

It drops almost 20% now, were not far to close down below $30,000. I hope this will never cross it but rather pull it back.
I expect panic selling next to this, many will surely feel disappointed and worried that it drops more and think history repeats itself (2018). I guess we need to prepare to buy, as the that possible the volume of sellers will increase abruptly and this will help to drop the market even more.

LogitechMouse

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Its the start of the bear market and I'm pretty sure there are analysts out there that will say it too.
Well, this might really be the start of the bear market. TBH, I'm like other users out here that are also bearish for the year 2022. I believe that the 2017-2018 cycle will happen again this time in 2021-2022 and as of this moment, we are seeing it.

Its the Federal Reserve that must be blamed for what is happening right now. Their moves are affecting the stock market negatively. NASDAQ, Dow Jones and other US stocks are down right now and we know that the stock market and crypto are moving almost the same. This is just my opinion though, don't bash me because I'm blaming the FED because there are some who see them are the reason as well Tongue

.

I hope that all of us are ready for what is happening right now. Many are expecting for this to happen and it became even more possible when we saw Bitcoin going down to $40,000 a few days ago. I hope that those futures traders especially those who are at long are still ok

. The next support? $30,000 since there are no other near supports out there because we saw Bitcoin going from $30,000 to $40,000 without any correction and I think the lowest possible price for Bitcoin is the $20,000 which is the 2017 Resistance.

TravelMug

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Quote from: OgNasty on January 21, 2022, 05:58:37 PM

I feel like we're getting there, but at $29K the market will really hit panic capitulation I think. I'm just wondering if we'll hold there and resume rising upward, or if we'll fall all the way back to the base of this runup as would be expected from looking at previous cycles. If you're a believer in patterns, you might say that $10K is inevitable. There's a lot of big money on board at around $30K though, so we'll see if they choose to defend their investment from a loss or sell and move on. Certainly companies like Tesla have the capability to elevate the Bitcoin price if they want to. I guess the question is if they feel the Bitcoin community is worth investing in or if they should focus their efforts elsewhere. We are starting to see a battleground form as companies like Facebook are heavily diving into the Ethereum infrastructure, while Elon Musk wants to make Dogecoin the default payments crypto, & companies like Microstrategy are betting everything on holding Bitcoin. It will be interesting to watch this next cycle unfold and see which business investments turn out to be genius, and which were dumb in hindsight.

Yeah, we are already in the capitulation and getting to $29k will really send the panic button to even the most of the holders. I think $34k might be the last support lines that we will have, and if it is broken then obviously it will go down so fast to ~30k.

For sure those big investors are just going to buy at this price, they are not going to sell, this are smart investors and whales with big money on board. So they might as well invest on this bloodshed and wait to make more money from the market.

Oshosondy

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

It is now more than that, there have being massive drop since some days ago but it happened to be more this weekend starting from yesterday, may be the market will still continue to experience bear market. But what is most important is to invest as the market is falling, but not good to invest all at ones but to divide it and invest as the market is falling so the profit can be massive when the price rise again.

Know that the market is like this, pump and dump project can be manipulated but the whole general crypto market manipulation can not be great as altcoins are following the price if bitcoin. It will be hard to highly manipulate bitcoin price. But just that this is a bear time.

OgNasty

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I feel like we're getting there, but at $29K the market will really hit panic capitulation I think. I'm just wondering if we'll hold there and resume rising upward, or if we'll fall all the way back to the base of this runup as would be expected from looking at previous cycles. If you're a believer in patterns, you might say that $10K is inevitable. There's a lot of big money on board at around $30K though, so we'll see if they choose to defend their investment from a loss or sell and move on. Certainly companies like Tesla have the capability to elevate the Bitcoin price if they want to. I guess the question is if they feel the Bitcoin community is worth investing in or if they should focus their efforts elsewhere. We are starting to see a battleground form as companies like Facebook are heavily diving into the Ethereum infrastructure, while Elon Musk wants to make Dogecoin the default payments crypto, & companies like Microstrategy are betting everything on holding Bitcoin. It will be interesting to watch this next cycle unfold and see which business investments turn out to be genius, and which were dumb in hindsight.

Japinat

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Quote from: jashbir67 on January 21, 2022, 01:58:13 AM

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Probably, only the whales can dictate the price, and don't even think that manipulation is only happening when the price dump, they can also manipulate for bitcoin to rise, so I suggest you ride with the trend and do the right decision to benefit from it. It may dip below $30k but we should not panic.

nira09

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Bitcoin market sentiment is currently bearish, Bitcoin has fallen several times past the support line and is struggling to recover, Even Bitcoin is struggling to hold its price above $40000 USD, Bitcoin is currently at $36200.
The significant drop in price also led traders to opt out of trading for a while, waiting for good news for Bitcoin.

NicNacCoin

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Looking at the current market situation, I feel so bad that I can't think of anything. Looking at the condition of the market, it seems that the market will be more dumping.We could never have imagined the state of Bitcoin. Many people thought that Bitcoin would be within one million dollars in 2022 but instead it started dumping downwards.So much dumping of bitcoin has made people think a lot.

batang_bitcoin

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It's a normal market sentiment that is inevitable.

Quote from: pealr12 on January 21, 2022, 01:44:02 PM

Watching the market falling everyday is not an easy thing to see, you need lots of courage to be able to do that, but since we already know how this market works then it should not be too surprising to see this correction, it was expected and inevitable, what people need at this time is to stay calm and be patience, selling your bags now is not the right decision to make, better to hold and wait for recovery.

You need to get used to it. If you've been long in the market and saw the early corrections which were heavier than this, you shouldn't be discouraged by looking at it. It is painful to see it go down everyday but when it's going up, we haven't thought of it coming soon but, it has come.

pealr12

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Watching the market falling everyday is not an easy thing to see, you need lots of courage to be able to do that, but since we already know how this market works then it should not be too surprising to see this correction, it was expected and inevitable, what people need at this time is to stay calm and be patience, selling your bags now is not the right decision to make, better to hold and wait for recovery.

Topic: Market sentiments ? - page 4. (Read 807 times)