Topic: The Deep before the Raise - page 5. (Read 938 times)

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.

There is a lot of difference between march of 2021 and current time. Bitcoin has spend considerable time over 40,000$ and it should not go back to 30K levels again. If for any reason market visit that particular levels again, there might be something wrong in the market sentiments and we may see bitcoin further down to 25,000$ or below.
Lets hope bitcoin does not fall below 40k and move up from here.

But those are whales, they don't give a s**t towards us average Joe investors. They are going to move the market in their favour with that huge amount of money they have.

And the way I see it, I would agree that it's going to be a waiting game again for the whales. They are still hinting for something before they try to influence to market again with their huge investments. So let's wait maybe in the long run they will push the price again to over $50k.

Honestly there was a situation where all the whales tried to drop the price of bitcoin. However, it failed and it is clear indication that we are talking about something a lot better for the future of bitcoin. Whenever whales end up not getting something done, they try the other way around. Which means that we are going to see them try to get it higher very soon. 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.

I personally believe that they could definitely do something that could benefit all of us if they worked with us and not against us and could allow us to profit as well.

Hopefully bro your predictions will come true although I have hedge my bitcoin already.

And as you have said, the big test will not be in the $40k'ish, but if we are going to reach $50k this January. We all know how this big round numbers are a big barrier, but once it has been breach, the price will steadily going up until we reach another resistance level. In this case it could be $52k, so we will have to wait and see what this month will bring.

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.

Bitcoin needs consolidation. So, I'm not gonna be surprised If Btc will fall under the $30,000 level anytime soon, but it seems like $40,000 is such a strong resistance and a lot of people are buying at that range.
Price movement is usually similar from the past, It dips and recover. The only things that differs is the amount of the price increase and the time frame from being in the bearish state until the bullish season.
So, what valuable lesson Bitcoin has taught us, is to buy when the price is cheap and hold it for long term life saving/ retirement purposes, Bitcoin is rapidly increasing each and every year.

You sound like too accurate with respect to current market scenario. Yeah, right now bitcoin market is slowly recovering toward $44k levels and considering against what the conditions we had last week, the current market seems too good to have and I am feeling a little bit relieved.

Technically the support levels around $40k to $40.5k levels worked too stronger to make market bounce back and in real world scenario I read citadel is getting 1.5M USD deals from crypto related firms. Not sure what are working in favour of bitcoin (as we do hear only late news), I just expect continuation of current scenarios for next few more months; so that all our speculation will become true.

And I still or shall I can we can appreciate those buys specially retail investors who keep the price above $40k and it seems we have a little rally going as we are above to hit $44k again? Hopefully this is not going to be a bear trap because it's going to be hard to swallow when the price goes below $40k again and we might see some panic in the market if the price hit that level.

Every price movement now is different and I believed that there is not a pattern that we can plot and says that this is where the price will go.

Even the volume might be telling us differently, before when there is a huge trading volume, it means that the price is going up, but not in the pattern today. Maybe investors are just stacking up bitcoin and not going full trading.

It is just how we make preparation for the coming bullish signature. People are buying now which I believe this could help the market to recover. As if this will able to sustain and no huge selling happens (or hearing the FUDs) that is likely we see the price increase.
Anyhow, the market will surely gain such a trend after the dip. We've been seeing this several times and probably just the same scenario to look at. In fact, we're making into a positive direction as the price tends to move up by now.

I think the current pattern is not the same in the previous market recovery. If we refer to the current consolidation of the bitcoin price, we can see that the volume was higher, but the price did not reach a new high. this is a sign that volume and price are not showing the same sentiment, then there is a possible reversal of price momentum. Therefore, let's see where the bitcoin price will move in the future.

Yes, the resistance in $40k is something to be appreciated. That just means there are still holders out there who believes in Bitcoin technology. It could be us in this forum or outside with whales not being triggered by any bear market. They will just keep it no matter what and it's a good sign.
If this price goes back to $20k then I think that's when the real panic will begin. But, there are also those who will take advantage of it and buy as much as possible while the price is cheap. We will never know and they could be doing it now.

Many of us are, it's normal to be bullish no matter what the market may look like.

Just be open with any possible thing with the prices. You'll not know if the price are going to be the same as always for this month. But as much as someone looks to it for the long term.

$40k is deemed to be a good support price while waiting for another big move.

The recent attempts and the subsequent failure to push bitcoin price below $40k was only successful for $500 and only a short time before price jumped backed up. It all shows the desperation of the market manipulators who bet against bitcoin and have been losing money in that bet since price doesn't want to go down any longer. Despite the big dumps by them.

However, I would hesitate talking about recovery and rising back up again since they still haven't run out of money to waste so we may continue their desperate attempts for a little longer and then the accumulation phase could also take some time.
First quarter could be very interesting time though.

Always has been the case so I always try my best to get into the market when it's going down or if it's bearish because I know that I might be able to get a lot of profit when the prices starts pumping again. Have been able to get in this situations most of the time and I can attest that I am able to get some decent profits out of it.

If the cycle continue this way for the next few days without dropping back then possibilities are there but if not then lets expect another Bear in the following weeks or months if bad.
exactly , but of course OP is a bullish type as we can see in most posts he created  .
We all does of course 
40k is the strong position of Bitcoin and it ahs been hold from the last month of 2021.

Definitely starting to look like that brief dip just barely under $40k may have been the bottom.
Bitcoin is extremely oversold and all the indicators are pointing to a bottom, while other indicators suggest very low supply and massive accumulation happening since the summer drop. With the market possibly just starting to turn, once people go bullish again it looks likely they're going to be buying back into a massive supply shock situation. Once the price takes off we could see it go from these low $40k's levels to $60k very quickly.

I think we'll be seeing new ATHs in the $70,000s in March. $100k+ is definitely on the table, as expected, for the second half of the year.


It's been obvious that all the bears expecting a crypto winter just because it was the end of the year were gonna have to start buying in higher soon when the market shifts again. That very well could happen this month. It amazes me that people are so bearish this past year. In May-July there was a huge chorus of people claiming a crypto winter had started and the same thing this past month or so. I think anyone who is looking at the whole picture has known a crypto winter is not coming, but so many people focused on things being the exact same as they were in previous cycles when the market was very different.

I think people will eventually start coming over to the idea that Bitcoin is in a many-year supercycle, which I've been saying since a year ago. And that supercycle is going to go through many waves like we've already seen twice in the past year: solid gains followed by healthy strong pullbacks so the price stays healthy and can just keep going up without any bear markets. Bitcoin ain't a get-rich-quick type of investment anymore, that's what crappy meme coins and random alts and nfts are now - get rich quick and get out quick before they sink. Bitcoin is turning into a steadily growing store of value now.

Short term volatility will continue to be very high because of leverage and traders, but annual volatility will be much lower. The days of insane 80% one to two year long crypto winters are over. New altcoins will go through phases of pumps and then fading away, while the 0.1% of successful alts will keep going up with Bitcoin. Bitcoin market dynamics have shifted from its first decade on the market. The store of value narrative has overtaken the speculation narrative, and we should no longer expect the macro structures of last decade to hold this decade.

I would say, it's possible.
Bitcoin has been managed to rebound yesterday and until now, though there's no sign of a bullish trend that will happen I think it's enough news for me that there is still good news that we heard about countries adopting and there are few last investors who were invested Bitcoin.

I'm thinking that this could be our chance to accumulate before Bitcoin will create a bullish trend with this year. 
I'm still positive that there's possible Bitcoin will make again a new ATH with this year.

It is just showing that the $40,000 level is strong support for Bitcoin right now, but we will close a daily candle below $40,000, that's the time I can say we may experience some short-term - midterm bearish.
I am still looking forward to Bitcoin being sideways with a range of $40,000 - $50,000 until this month, just a choppy sideways.