Very early to tell.
Wait for at least a few more months to see if it's really going to be the same. I like it if it's confirmed that we're going to have the same pattern as before.
$40k was the lowest just for this month and not entirely for the whole year. It could go lower any time at this point or can be back again there at the top.
Topic: The Deep before the Raise - page 6. (Read 922 times)
If I can remember correctly the last dump was almost the same zone where currently playing around. I think the current trend is exactly the same as the previous trend. Although Bitcoin doesn't follow always the trend, current behavior indicates this run would till $60K zone. It would be hard to break previous ATH in current COVID waves. Not sure if any whales or institutional investors enter since it's still in dip, if it happen then my prediction would happen easily. We need a little push.
You don't need to look at the price chart because you read the update after it happens but delve into some of the data on the network that glassnode provide:
Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.
Source: https://twitter.com/BTC_Archive/status/1480904360230072324
https://insights.glassnode.com/the-week-onchain-week-02-2022/
You will find more data in the link above so we may be one step closer to 30%+ bumping.
Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.
Source: https://twitter.com/BTC_Archive/status/1480904360230072324
https://insights.glassnode.com/the-week-onchain-week-02-2022/
You will find more data in the link above so we may be one step closer to 30%+ bumping.
It's normal decentralization will never be stable It's goes down and up.We see many times Bitcoin price when drop then It's price again rise in more.Bitcoin price more dip now. It’s high time to buy bitcoin, don't miss the big opportunity. Buy more bitcoin and hold long time. I hope you will be get good profit from it.i hope bitcoin price will be rise again and soon.
It is surely a normal occurrence with bitcoin to drop after sometime and to rise likewise and that is why some prefer to hodl more in bitcoin because from the history of bitcoin, it comes back after dip. This is equally being expected this time after the drop from the ATH last year. Nobody knows when this will happen but like the days will go by, bitcoin accumulation and news are usually a force behind it price.
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.
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.
But we have twice reach all time high last year isn't it? So that's a sign that we might have reach the top and we are entering a long bearish market, just saying.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.
Anyhow, it's just the start of the year and anything can happen, the price could go down deep to $30k or reaches a new all time high of around $70k++. So far though we are above $40k and I think we have to thank the support levels because it is still holding.
The same situation when there's a correction in the market or a bearish situation. wherein most of the price goes deep first but afterwards it goes really high as well because buyers and a lot of investors always take the red situation as a opportunity. Just imagine how bitcoin achieved to all time high value last year.. That's what it is..i mean the most exciting part especially if you bought at the dip.. So expect after these situation bitcoin and the entire cryptocurrency will skyrocketed again.
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.
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.
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