The Deep before the Raise - page 3. | Bitcointalksearch.org

YinShuiSiYuan

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Quote from: michellee on January 24, 2022, 08:26:31 AM

Quote from: ?? on ??

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.

Drnice

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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.

Ziskinberg

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Quote from: michellee on January 24, 2022, 08:26:31 AM

Quote from: ?? on ??

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.

Too hard to stop those mindsets and had fallen into their negatives. It can be hard to control their emotions and it was already been infected by their doubts and uncertainties towards the market. Psychologically, once people had see declines, they also think about more drops to come, which is not an unusual thing to hear. However, this new trend that we've seen gives us an opportunity to invest more and so the poor people who miss this in previous years.
This dip can be done soon, will just have to extend our patience, though.

michellee

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Quote from: ?? on ??

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.

peter0425

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Quote from: Wiwo on January 11, 2022, 04:38:06 AM

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.

so what we are having now is more deep than your post here? look at the market now https://coinmarketcap.com/ you can clearly see that bitcoin is heading towards below 30k and if this happens then 20k will be the base level for the year 2022?
if then so what will happens next? more dumping or recovery since the market is legit on downtrend now as we have the best 2021 year.

Quote from: Reatim on January 20, 2022, 01:54:20 AM

I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

sounds clear and we are now seeing the complete opposite of the past year , from SUper Bullish now we are down to bearish year .

EdenHazard

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Quote from: STT on January 22, 2022, 06:57:28 PM

If we just repeat 2021 in 2022 then Im bullish, if we break past 19k then its more serious but I think BTC is fine overall.

This is not a pretty picture so in rough terms, we are quite deep into this. However just like people warn we rise too much too fast, I dont see its super valid in being this bearish in such an immediate way.

People just assume all prices are directly correct but I think its more natural we do correct pricing and to be inaccurate is a norm hence why pricing will jump around. When we move so far in one direction I start to consider the swing back from that push.

Its weekly bars, i should have put a time scale on there but its just a sketch like pricing I think we keep revising price towards greater precision; markets are not an absolute.

So you think the jump price from $3k to $60k since the covid19 outbreak last two years was too fast due the hype and $3k to $35k now after the correction is normal and natural one to happen ? i personally think there would be another drop in the coming weeks like $5k more perweek to fall.

and we might stay above $20k - $25k for quite longer time till next halving to get another boost & hyped!

STT

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If we just repeat 2021 in 2022 then Im bullish, if we break past 19k then its more serious but I think BTC is fine overall.

This is not a pretty picture so in rough terms, we are quite deep into this. However just like people warn we rise too much too fast, I dont see its super valid in being this bearish in such an immediate way.

People just assume all prices are directly correct but I think its more natural we do correct pricing and to be inaccurate is a norm hence why pricing will jump around. When we move so far in one direction I start to consider the swing back from that push.

Its weekly bars, i should have put a time scale on there but its just a sketch like pricing I think we keep revising price towards greater precision; markets are not an absolute.

Yamifoud

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Quote from: Oceat on January 22, 2022, 04:58:17 PM

Quote from: Reatim on January 20, 2022, 01:54:20 AM

I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

Yes of course, there will be pump after the dump or a correction after the bull run and it's nothing new. The Bitcoin price will always fluctuate due to different traders all over the world plus there's always a correction after the bull run. This is how the Bitcoin market live they buy and they sell something it doesn't matter what it is they don't seem to have a choice.

Just like what the above said, hodl is the only choice they have or they will be giving the joy to someone if they tend to sell it during that price. I know that the panic meter is in extreme fear but this is just a temporary test so hodl.

As to see, only those who have a new experience in dumps could think about selling while the rest are holding. This means that people had already learned from their past and are able to make it right now. I was glad to see no major sell-off happen this time, quite unusual compared before but the good this about this is it helps to slow down the drops and might it lead to early recovery as we expected.
It may be, we could see the market is in recovery next month, not that long, not that like 2018-2020 long bearish season.

Oceat

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Quote from: Reatim on January 20, 2022, 01:54:20 AM

I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

Yes of course, there will be pump after the dump or a correction after the bull run and it's nothing new. The Bitcoin price will always fluctuate due to different traders all over the world plus there's always a correction after the bull run. This is how the Bitcoin market live they buy and they sell something it doesn't matter what it is they don't seem to have a choice.

Just like what the above said, hodl is the only choice they have or they will be giving the joy to someone if they tend to sell it during that price. I know that the panic meter is in extreme fear but this is just a temporary test so hodl.

Hypnosis00

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Quote from: savetheFORUM on January 22, 2022, 12:58:44 PM

Quote from: Silberman on January 22, 2022, 12:00:43 PM

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

I think this is now a tradition for bitcoin we have seen this types of occurrence over the years in the past, it is no longer new. What it takes is only patience to hold on because after the dip bitcoin will certainly rise and it is even possible to hit all time high this year. Patience is the key, you just have to keep holding on till the bullish season.

At the same time, bitcoin holders who have been holding since 2013 or 2017, might not be worrying about the current down trend of bitcoin market. The biggest doubt now is, whether bitcoin will hit $100k or not within this year. I guess bitcoin still got chance to set a new ATH around $100k levels.

Holding is the only way I can see that could save us from getting into huge losses but of course, they still have their choice either to sell or hold.

For every dip to see, we could always remember for the past and we'd sometimes think that history repeats again (and again). We can't just hold into this situation and whether we like it or not, dumps can be expected as well. I'm not going to say this is manipulated, we neither blame whales nor any intentity but we rather think that the time has come for the bear season.

savetheFORUM

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Quote from: Silberman on January 22, 2022, 12:00:43 PM

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

I think this is now a tradition for bitcoin we have seen this types of occurrence over the years in the past, it is no longer new. What it takes is only patience to hold on because after the dip bitcoin will certainly rise and it is even possible to hit all time high this year. Patience is the key, you just have to keep holding on till the bullish season.

At the same time, bitcoin holders who have been holding since 2013 or 2017, might not be worrying about the current down trend of bitcoin market. The biggest doubt now is, whether bitcoin will hit $100k or not within this year. I guess bitcoin still got chance to set a new ATH around $100k levels.

Silberman

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Quote from: Jating on January 20, 2022, 02:00:47 AM

Quote from: STT on January 19, 2022, 12:15:37 PM

If we are waiting on the FED then it will take several months to pass. The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting. None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do. They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
The actual situation is inflation and easy money continues, rates will not top inflation especially for years. So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year. Obviously hard events like wars will alter that outlook.

We can also see at how the traditional stocks are moving, if they are somewhat in the positive trend, then it could have an effect on bitcoin's price because I believed that they have some sort of correlation.

Anyhow, seems to be in the middle ground for me, which no clear movement as to where the price will be. But I don't know, I have a feeling that we might be in for a bearish run this year. Not unless there is going to be some positive news again to turn the sentiments into a positive outlook.

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

Renampun

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Quote from: Wiwo on January 11, 2022, 04:38:06 AM

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.

until whenever that is the condition that will continue to occur in the cryptocurrency market, bitcoin will not have an eternal and stable price...

every year bitcoin has its lowest price and in 2022 it might be as low as $30k, who knows! The important point that happens is that when the price of bitcoin drops to $30k, the whales will start pumping bitcoin again by buying it, until the market is boosted again.

noormcs5

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Quote from: onecall123 on January 19, 2022, 10:49:53 AM

Quote from: Gozie51 on January 19, 2022, 10:32:25 AM

Quote from: lenovop-70 on January 19, 2022, 09:48:32 AM

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

I'm seeing something similar to this. Without negative news from the Fed or macro concerns, the bears won't be able to beat 40k. There will be some decline, but not significantly. Perhaps a couple of days or weeks. Markets move based on structure and not emotions, so though big buying might come back in, it might only be a flash.

We do not know how whales want to play out at this time. Creating a bad manipulative news is not a big issue as we have seen this in the past. Maybe bitcoin whale keep on the accumulation phase till Chinese new year and then they may start to move the price up. I feel that Bitcoin will raise but no one can predict the exact timings.

Jating

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Quote from: STT on January 19, 2022, 12:15:37 PM

If we are waiting on the FED then it will take several months to pass. The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting. None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do. They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
The actual situation is inflation and easy money continues, rates will not top inflation especially for years. So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year. Obviously hard events like wars will alter that outlook.

We can also see at how the traditional stocks are moving, if they are somewhat in the positive trend, then it could have an effect on bitcoin's price because I believed that they have some sort of correlation.

Anyhow, seems to be in the middle ground for me, which no clear movement as to where the price will be. But I don't know, I have a feeling that we might be in for a bearish run this year. Not unless there is going to be some positive news again to turn the sentiments into a positive outlook.

Reatim

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I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

STT

legendary

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If we are waiting on the FED then it will take several months to pass. The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting. None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do. They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
The actual situation is inflation and easy money continues, rates will not top inflation especially for years. So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year. Obviously hard events like wars will alter that outlook.

onecall123

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Quote from: Gozie51 on January 19, 2022, 10:32:25 AM

Quote from: lenovop-70 on January 19, 2022, 09:48:32 AM

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

I'm seeing something similar to this. Without negative news from the Fed or macro concerns, the bears won't be able to beat 40k. There will be some decline, but not significantly. Perhaps a couple of days or weeks. Markets move based on structure and not emotions, so though big buying might come back in, it might only be a flash.

Gozie51

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Quote from: lenovop-70 on January 19, 2022, 09:48:32 AM

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

ShowOff

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Quote from: pooya87 on January 17, 2022, 02:31:43 AM

The funny thing about people who wait for a bigger drop after an already big drop is that these people would wait if that bigger dip happened too! For example I remember clearly when price was $6k they were waiting for a bigger drop and as it happened the price did drop down to $3.2k but they still didn't buy. Instead they waited and wished for $1.5k. You can still find their topics on bitcointalk and how they are "wishing" for such a big drop.
Suffice it to say that these people bought back when price reached $7k+!!!

True, and I would say it as a form of doubt about bitcoin and its potential. Some might say it was the funniest thing because in reality the price of bitcoin had never dropped to the $1.5K level at the time, but there was an assumption at the time that bitcoin was over and would no longer be trading at the high price like now. There's a cool term here "your doubts are a your loss" but that has to do with adequate analysis.

Topic: The Deep before the Raise - page 3. (Read 938 times)