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Topic: The Deep before the Raise - page 2. (Read 938 times)

legendary
Activity: 2464
Merit: 1140
duelbits.com
January 28, 2022, 04:11:45 PM
#89
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.
Do you expect Bitcoin price to increase again above $37k in the near future? I don't think Bitcoin price will move up easily, the price is still possible to drop again below $35k. Even if there is a good increase in Bitcoin price today (moved from $35k to $37k), I assume the Bitcoin price will drop again or stay around $36k-$37k for some days/weeks. It only can pass $40k if there is good news about Bitcoin, such as if Russia rejects the crypto ban or the USA government make a good statement about crypto. So, more increase or green/red price of Bitcoin this year, probably depends on what the issues of Bitcoin to happen during 2022.
member
Activity: 267
Merit: 11
January 28, 2022, 03:53:37 PM
#88
Bitcoin has continued to follow a similar pattern in its market recovery and stability, if you have focused more attention on the recent bitcoin price movement you will agree with me the fact that when Bitcoin falls back to the 30k region in three early hours of Monday it was the market lowest price for a long time take Bitcoin chat in march 2021 market for a close study since from that time till now Bitcoin has always followed the same pattern in it market movement once it breaks down to 30k region the next bull is around the corner and a great chance to buy the deep.
The year 2022 is showing the sign of following the same pattern when the price recovered back to 42k and since then have been on a positive mode that will trigger a massive bull recovery to a new all-time high.
Bitcoin movement trend is some how easy to follow and make more money only if you know how to study the market pattern. Although, there are no positive news to trigger market trend the way those who have invested when we saw last bottom but with time the trend will continue to move in a positive direction if there are no more negative news to trigger the market downward.
hero member
Activity: 2730
Merit: 632
January 28, 2022, 03:21:45 PM
#87
Seemingly that this only happens when the correction happens but now as what we are having? I'm afraid that you can really say it now.

for now lets admit that only deep is what we are expecting and the raise is just temporary or must say this is only a manipulation process of whales.

Don't be blinded of what you are seeing because this might bring you to failure .
Then when you would really make out such move? When you had already missed out the train? If you wont act then you would definitely be ending up on this situation.
No one could predict on what would be the dip when it comes to price and this had been always the main question in our mind on what price would be the dip or what
would really be the peak price.Market could really be only having two ways which you would really need to act according on the current situation or else you would really
be ending up on regretting because you had failed or late to get in.
legendary
Activity: 3066
Merit: 1129
January 28, 2022, 05:43:52 AM
#86
This can be the deep before the raise. In reality the market reaction is due to several reasons that are connected. The FED meeting that has got postponed is stated as a reason for the market to get pushed some extent and fall back below $36k. Now institutions and whales consider it an opportunity to accumulate bitcoin. There is no change in the dollar inflation rate and the same is being postponed to the March month. The US dollar index is found above 97% strengthening the dollar. This has reflected on the global market decline along with cryptocurrency market.
If whales are seeing this as a great time to accumulate as much as possible, and if the retail investor is scared and running away, then I am sorry but the rich will get richer, that has been the case for many years so far. I can't lie that I have been following what the whales are doing and trying to mimic it as much as possible, I have made some profit thanks to that.

I know that people have emotions and when you see the price going down then you feel terrible about your investment and get scared, but the reality is that if you see something you believe in dropping in price then you could be doing a lot better and just keep holding it as long as possible and can still profit, of course that is only if you believe in it.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
January 28, 2022, 04:43:24 AM
#85
Seemingly that this only happens when the correction happens but now as what we are having? I'm afraid that you can really say it now.

for now lets admit that only deep is what we are expecting and the raise is just temporary or must say this is only a manipulation process of whales.

Don't be blinded of what you are seeing because this might bring you to failure .
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
January 28, 2022, 03:21:47 AM
#84
Bitcoin has continued to follow a similar pattern in its market recovery and stability, if you have focused more attention on the recent bitcoin price movement you will agree with me the fact that when Bitcoin falls back to the 30k region in three early hours of Monday it was the market lowest price for a long time take Bitcoin chat in march 2021 market for a close study since from that time till now Bitcoin has always followed the same pattern in it market movement once it breaks down to 30k region the next bull is around the corner and a great chance to buy the deep.
The year 2022 is showing the sign of following the same pattern when the price recovered back to 42k and since then have been on a positive mode that will trigger a massive bull recovery to a new all-time high.

Waiting for the next pump to 40k$.Now the market had crashed a lot.So it's better to inverse at less price to get good profit from it.Some people thing, the price will back to 20k$ from 37k$.But it won't happen in a short period. Bitcoin had some pattern of price, if you buy at 37k dollars. It will cross the value of 40k dollars and gives you good profit from your investments.Holding is essential one to achieve a good profit.
member
Activity: 1162
Merit: 58
January 28, 2022, 12:10:24 AM
#83
I see a lot of new holders as many took good advantage of every dip as you can see this has always been the tradition in the Bitcoin market as new investors buy more Bitcoin within the last few days and every time the dip occurs. They buy low to sell high as the market recover and make new all-time high.

but the market shows being conservative now look at the market https://coinmarketcap.com/ is this the sign of dipping before the increase? I'm not sure if this can happen in the future but for now lets see what it comes.

but lets see if there are more to come for the market and also if there is something to happen to favor all of us.
full member
Activity: 686
Merit: 100
January 27, 2022, 09:46:20 PM
#82
I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact
Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now
How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.

I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact
Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now
How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.


Every time there is a decrease there will be an increase even though we really can't predict when bitcoin will recover again.
But for the price of bitcoin to drop to $20k or $25k it's very unreasonable I think.
STT
legendary
Activity: 4102
Merit: 1454
January 27, 2022, 06:54:58 PM
#81
Covid19 allowed BTC to rise more easily if anything is how I see it because the currency was loosened so much during that period.   At the same time distance transactions likely increased because of the dangers from crowding in normal shopping areas it promotes any standard which helps more distant transactions even cross border such as BTC is best at.
   I realize there is an obvious negative overall from these losses and deaths, I wouldnt deny that but it wont be the same for every sector and product usage.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
January 27, 2022, 04:28:23 PM
#80
This can be the deep before the raise. In reality the market reaction is due to several reasons that are connected. The FED meeting that has got postponed is stated as a reason for the market to get pushed some extent and fall back below $36k. Now institutions and whales consider it an opportunity to accumulate bitcoin. There is no change in the dollar inflation rate and the same is being postponed to the March month. The US dollar index is found above 97% strengthening the dollar. This has reflected on the global market decline along with cryptocurrency market.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
January 26, 2022, 12:23:21 PM
#79
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.

Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Again, with a huge jump to $37k, one can really wonder how the price like bitcoin rises like this one in a day or 48 hours after when people starts discrediting it again with FUD and other other.

Perhaps it just shows how bitcoin is really very resistant and resilient with this FUD because it was able to rise again. Hopefully though we will touch on $40k again because it's the biggest barrier for now. Nevertheless, we still have a long way to go before we can reach another all time high this year.
I hope you are right, because here we are one day after my previous post, and bitcoin keeps showing positive fluctuations, already hiting 38,300$ right now. If we continue on this trend, one more day or so and we touch the 40,000$ mark mentioned by you. That would be great for now! Although I'm fearful because recent news say IMF (International Monetary Fund) is forcing El Salvador to give up on bitcoin as legal tender. Theoretically El Salvador is a sovereign state, so no foreigner agents, institutions or funds can impose nothing to them. On the other hand, I have read El Salvador wants a loan of 1,3$ billion dollars from IMF, so there could be a serious bargain going on and the main prejudiced may be bitcoin.
hero member
Activity: 2632
Merit: 833
January 25, 2022, 11:45:09 PM
#78
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.

Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Again, with a huge jump to $37k, one can really wonder how the price like bitcoin rises like this one in a day or 48 hours after when people starts discrediting it again with FUD and other other.

Perhaps it just shows how bitcoin is really very resistant and resilient with this FUD because it was able to rise again. Hopefully though we will touch on $40k again because it's the biggest barrier for now. Nevertheless, we still have a long way to go before we can reach another all time high this year.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
January 25, 2022, 05:52:14 PM
#77
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.

Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...
legendary
Activity: 2716
Merit: 1383
January 25, 2022, 03:54:13 PM
#76
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
We are going to have to take a wait and see policy when it comes to bitcoin, even if the WHO claims the pandemic is close to come to an end many people still do not believe it, and when we take not account the difficult political situation that is forming around the world then it is going to be difficult that we see a recovery of bitcoin during the next days and weeks, if you are a long term holder this should not be a problem, but it could be for those that are day traders or need to sell their bitcoin because of an emergency.
sr. member
Activity: 1666
Merit: 268
January 25, 2022, 03:51:27 PM
#75
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.

Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
full member
Activity: 1358
Merit: 104
January 25, 2022, 02:02:42 PM
#74
Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
January 25, 2022, 12:48:30 PM
#73
hopefully it is a good sign, but we can't tell for sure as the sentiments really turns into a bearish one and I would say that retail investors are pulling out their investments right now. Maybe they will get back in the market when we hit $20k-$25, but we knows. So what I'm saying is that we should prepare for the worst in the coming months as it looks like they is turning out to be a bad year for bitcoin market. Bad year in a sense that we are in the start of a bear trend.
I do agree that, we are seeing something that is a bit different here. I mean we all want to feel a bit better about things, we want to feel that we are at the bottom now and we want to see it recover and get better. However, sometimes life is not that easy, sometimes it feels a bit more like it goes against everything we want to. You know those days, like somehow the whole world is against you, everything goes wrong and whatever could go wrong ends up happening.

So, I would say that there is a good case bad things could keep happening, price keep going down, it is not impossible. However, I hope that it doesn't happen that way and we end up with a great return on our investments. Not that it "will" happen, or even should, but it would be nice if it happened.
legendary
Activity: 2576
Merit: 1655
January 25, 2022, 08:15:47 AM
#72
If we should take a look at the current price of Bitcoin in the market, with records from CMC, we will find out that the price in 24 hours time frame reaching the lows of $32.9k has turned round to $36k+ and still pushing, which is showing some good price swing from the downtrend to an uptrend with strong movements. This could be a very good sign for something good coming into the market. Though, it's just too early. Using the 1 hour time frame, you'll see how far the price has drastically moved on the reverse. I guess this could be the tag we have been looking for. Anything is still possible, but the positive response from the market is what we all wait.

Well hopefully it is a good sign, but we can't tell for sure as the sentiments really turns into a bearish one and I would say that retail investors are pulling out their investments right now. Maybe they will get back in the market when we hit $20k-$25, but we knows. So what I'm saying is that we should prepare for the worst in the coming months as it looks like they is turning out to be a bad year for bitcoin market. Bad year in a sense that we are in the start of a bear trend.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
January 24, 2022, 06:56:00 PM
#71
I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact
Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now
How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.
hero member
Activity: 2926
Merit: 722
January 24, 2022, 05:51:34 PM
#70
I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact, market conditions will continue to be corrected until next month, if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now, so be patient in the next recovery.
I think it is because people think that when the price is down below the high price, it will still make the price go down for more. They panic and think if they do not sell their bitcoin now, they will lose their money so they start selling instantly without thinking more about the chance to go up. They hope that after they sell their bitcoin, they will have more opportunities to buy back at a low price while the price still goes down to $33k. So they are now trying to buy back in $30k-$32k as that is the lower price range they think will be.

This is a very well-known mechanism and perhaps the most common mistake of new investors. The idea is generally not bad, because by buying back cheaper, we improve our investment position. In practice, however, what is happening is that in most cases the repurchase is made at a price higher than the sale was made.
Cant really be avoided because determining the bottom price is the most hardest part when you are doing trading or even investment on which you couldnt be sure if its the right time to get in or not
and its a normal behavior that we do start to accumulate when it is starting to rise.

A market couldnt really be just having one or single path to take.If there would be some raise then there would be always a dump or decrease.If volatility doesnt exist then we wont really be

seeing this kind of level of support in the community and also it couldnt be called a market on on the first place.
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