I think the Bitcoin price movement today is similar to the normal movement in previous year where from January to the end of the first quarter of each year there was a sideway downtrend. If it is the same as the previous year, then now is the right time to increase your investment in Bitcoin, just a suggestion.
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!
Topic: The Deep before the Raise - page 4. (Read 922 times)
People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time. 
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+!!!
It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.
The momentum of the market trend will change when the bullish end so earlier this year it is a sign that the market has fallen in a bearish trend circle, we cannot conclude the market pattern for sure but it would be better to wait for the market to normalize before investing.What is a normalized market? Did you mean the market price isn't normal as of the moment?
And what is a normal price range before you can advice someone to invest?
Because If I'm not mistaken you said the market is in a bearish cycle already? Well, I guess this is going to be the perfect time to buy more Btc.
It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.
The momentum of the market trend will change when the bullish end so earlier this year it is a sign that the market has fallen in a bearish trend circle, we cannot conclude the market pattern for sure but it would be better to wait for the market to normalize before investing. 
Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.
Nothing is permanent with bitcoin yes as we were in bull lately, the bear took over few days back and now but that doesn't mean reversal is not possible. If you consider the number of institutions using bitcoin now and in 2017 when we only relied on halving effect then we can understand better that the price may change anytime. We need to be pragmatic, however it is still a good chance to buy more.
It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.
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+!!!
Suffice it to say that these people bought back when price reached $7k+!!!
Expecting a lower price when it has fallen is one of the reasons. The other, which is often common, is to panic. Like if someone now waits for the price to $30K to buy, but when it goes down to that level he gets scared and thinks that we are in an unstoppable downtrend and if he buys now the price is going to keep going down. As you say, those types of people are the ones who would buy at $70K after not buying at $30K.
It looks like we'll experience gradual crash of market and nothing as a steep decline. Maybe $30k can be the low bottom. In the past market isn't that mature and hasn't got such an userbase. Now the market has widened with real time acceptance as well as more corporate networks have invested into cryptocurrency. So, it won't crash to a higher extend. Also more fresh investments were entering the market last year. Now this has slowed down which is also a reason for the decline of market.
The Most Important Thing To Be Patient In Real Recovery, Currently The Correction Has Not Been Seen On The Green Line, Which Means That In The Following Month It Is Still Possible Bitcoin Will Continue To Be Repaired, Even 30k Evening Not Rule Out The Missibility, IF The Market Conditions Do Not Recover Completely, The Pattern of Bitcoin Movement Tends to Follow The Previous Year, Which Means That Bitcoin Would Likely Be At Its Highest Price, Taking Risks Was Not An Easy Thing, But Back On The Bottom, That Bitcoin Was Not Very Risky in the Long Term.
I would say 30k is definitely ruled out at the moment. I know that "everything is possible in crypto" deal, I have been here long enough to know that it could be 100k+ in the spring or could be under 10k at the same time. However, if we are being realistic, people have been tired of seeing bitcoin at low prices and we haven't taken it to a higher price for a long time.There will be some things and we are going to end up seeing something working for sure. I do not know when and how that will happen but I know that it will happen eventually and that is when we are going to see bitcoin going up. It could be some news, it could be Elon tweeting, it could be somewhere accepting bitcoin, it could be just pure speculation. Whatever it is, that thing will create some hype around the community and we are going to just live with it and accept it and watch bitcoin go up.
People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time.
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+!!!
Except we have no idea if this is a dip or just a bounce. Remember 2018, people assumed that every time it dipped, it was the bottom and kept going lower and lower and lower. Then when it finally broke $6K and went to like $4.5K, people were like "we are in a bear market". It went down another $1K and then stalled for months and bottomed out and went back up. People were thinking $1K was close back then but it wasn't.
People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time. Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.
That is the reason why people should consider taking advantage when they are earning more than 30%. They can sell it to secure capital, meaning they only sell a certain amount of capital while the profits from it are still intact in the form of assets. I don't know if anyone has done a strategy like this, but I'm pretty used to it. The real question here is at what point would it actually recover and make a massive turnaround. I'm pretty sure most of history has already proven well enough that Bitcoin enjoys doing this massive turnaround at one point of its dip that just moves close to being unstoppable. Pretty sure most investors are just waiting around for it to bounce back before they hop in, so that when everyone just hops on, it just does a massive rise. I'm also waiting for that point where I could buy and comfortably wait for it to rise tbh.
I think it is very likely the price of bitcoin will grow up in value during this year which is why I think this is a good moment to accumulate some coins, I know that people do not really like when bitcoin goes sideways but that is the perfect moment to get some bitcoin, after all if we wait until the market begins to show signs of a bull market by the time we buy the price is already way higher than its current price, so why not buy bitcoin for a discount while we can? 
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.
Yeah bitcoin market is trading too stronger above $42k levels which will easily lead to test $45k to $48k levels by this weekend and also I am seeing some altcoins started showing green trend today; usually this does happen when investors are getting back to their busy buying to diversify their portfolio. So, the deep we went by the times of last year definitely for the reason of getting ready to massive bull run.I guess this weekend, we are going to have bitcoin to be trading above $45k levels at least and in extreme case, we may have market to breach $50k levels on first attempt but may not sustain above $50k levels. Hence, filling up bags at current price levels may help for anyone for sure.
Long time wouldnt be September when it was lower then. If we went back to July pricing it would at least be significant over about a year but its not especially a big deal to move back to prices seen as recently some weeks ago however sharp it might appear in the moment its not that grand a deal. Unfortunately people need to balance the gains with the sharp pullbacks as we see now, accounting for both against each other makes it slightly less dramatic.
We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.
We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.
Thanks for this info, I thought that we have gone lower on the weekly average so I guess we can say that we are not going to decline a little further and probably hit the lowest low short term.
And once we have a break out run, it could be very well positive movement. No problem with sideways, what's interesting is how it will have a break out run which I believed will happen before the end of the month. A move to $50k will be very much interesting as it might wake up the bulls again.
Long time wouldnt be September when it was lower then. If we went back to July pricing it would at least be significant over about a year but its not especially a big deal to move back to prices seen as recently some weeks ago however sharp it might appear in the moment its not that grand a deal. Unfortunately people need to balance the gains with the sharp pullbacks as we see now, accounting for both against each other makes it slightly less dramatic.
We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.
We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.
The Market has recovered back and now moving towards recovery to 50k according to my earlier statement this cycle has repeated itself once again when Bitcoin falls back to the 30k region some steel holders took advantage of the dip to bug more before this present recovery.
I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.
it would be very good if it happened and indeed 2022 could be something very good and it is not impossible that they will go back up to prices that were not even predictable before.I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.
but always be careful and don't just focus on the price, because many people who always say, for example, about $100,000 bitcoin, which is too lauded, actually makes a blunder because they are experiencing a correction.
research will continue and prices are now starting to improve and it's still early 2022 and it's still possible for bitcoin to have a big surge this year
The logic is that if with their whole money whales end up failing to do something for the movement downwards, then they could definitely do it for the upwards because the downwards movement is stopped and that means people are not selling anymore and buying, so if they join in the buying situation then they could make a lot of money from it.
The market manipulators don't have to buy bitcoin for the price to rise, the selling has to stop. More specifically the shorting (which is essentially borrowing bitcoin to sell) has to stop and it will eventually stop as price doesn't go lower and the shorters have to pay back what they borrowed after losing a lot of money.As the fake sell pressure is lifted, the natural buy orders take the price back up again.
Except we have no idea if this is a dip or just a bounce. Remember 2018, people assumed that every time it dipped, it was the bottom and kept going lower and lower and lower. Then when it finally broke $6K and went to like $4.5K, people were like "we are in a bear market". It went down another $1K and then stalled for months and bottomed out and went back up. People were thinking $1K was close back then but it wasn't.
Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.
Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.
Yes, Bitcoin will rise again because if we look at the previous signs it is seen that every time the market goes up while getting the deep before. The current market is relatively low so it is reasonable to expect that.
The bitcoin market will continue to follow the same pattern, there are times when there is a pumping and then corrected or vice versa, the fact is that today bitcoin is in the red phase, which forces bitcoin to be corrected to a certain value, and I see this recovery phase will make the bitcoin price even more high, considering the correction from 2021 until now has not shown a green market, be prepared for future bearish conditions, because I am very sure this year will increase.
Bitcoin has lost 38% of its price since November. At the moment the price is very unstable where we continue to see a small increase followed by a correction. I think we are now in a bearish phase where bitcoin has dropped almost 40% from its last ATH.We can't predict how this will happen, this is the hardest part to do because we don't have a crystal ball in hand. What we can expect is bitcoin will rebound to November ATH in 2022 which will open the door to see it bullish and hitting another ATH.
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