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Topic: The long term way is down - page 4. (Read 792 times)

member
Activity: 1540
Merit: 22
February 24, 2022, 06:03:44 AM
#67
Seeing the current conditions with correction conditions that occur all the time makes the red market a bit heavy and it takes time even though Bitcoin is often red in March. My view is that if all is well and supported by healthy news, the market will return to normal and try to pay attention to conditions in April, April is the best month for Bitcoin based on the historical table of BTC monthly returns.
hero member
Activity: 2548
Merit: 572
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February 24, 2022, 03:57:07 AM
#66
Looks like will be long was is down for bitcoin and altcoin price after today announce about new war between Russia and Ukraine, I think this why happen with bitcoin price today suddenly drop drastically from $40,000 to be $34,000 and still down right now before war can't stop. Despite about war I think not only as cryptocurrency drastically down but also stock keep going down until have ceasefire between Russia and Ukraine, I think if both site keep going on with war will have bad possibility in this year with bitcoin and altcoin price keep going down and never see again with all time high reach by bitcoin.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 23, 2022, 10:41:17 PM
#65
Since entering 2022 Bitcoin has indeed shown a downward trend even though it has only been up for a while, and now it could be because the world economy is also in a bad condition, Bitcoin will also be affected. But we can't speculate right now, since the correction is still going on for Bitcoin, we'll see near the end of the year if Bitcoin can hit a new ATH.
It seems that it will be very difficult to achieve new ATH on Bitcoin if you look at the current conditions because you can also see for yourself at the highest ATH point that Bitcoin has ever reached and try to compare it with the lowest point ever reached this year, it must look very far and also won't be able to get new ATH any time soon including this year too.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 23, 2022, 10:36:38 PM
#64
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
You are wrong. On the long run you think the price goes down? Have you looked at the charts? Zoom out and you will see that the price in the long run has always gone up. What you are looking at right now is the short term price of bitcoin. The price has already gone up a lot and we can't expect the price to keep on going up every day. This is how the market works. We have bullish market and then we have a bearish market. But after every bullish and bearish market, we always reach a support point. So the price won't keep on going down. It will reach a point where it won't go any further below. Will stay there for a while and then the bullish trend will start all over again.
full member
Activity: 994
Merit: 100
February 23, 2022, 10:20:16 PM
#63
Since entering 2022 Bitcoin has indeed shown a downward trend even though it has only been up for a while, and now it could be because the world economy is also in a bad condition, Bitcoin will also be affected. But we can't speculate right now, since the correction is still going on for Bitcoin, we'll see near the end of the year if Bitcoin can hit a new ATH.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 23, 2022, 10:01:07 PM
#62
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
Yes, we are in the bear market now, but I will call this a correction because the price seems to sustain for the worst.
If you are confused, you better not enter the market and not force you to buy any coins because that can make you buy at a high price.
You should have more patience waiting for the situation to back to normal to analyze the market.
The recoveries will always try to make the price lift. Although it seems hard to do, we know that bitcoin is strong enough to rise from the bottom.
Still looks not chance for Bitcoin can touch all time high on this years because have been dominance for bitcoin last two years with always make new all time high, have possibility with cycle where bitcoin halving impact waiting for can reach all time high again for bitcoin. Looks need three years later for bitcoin back to top price. Still with my assumption only looking how bitcoin chart and price last tow months on this year. Not any possibility for bitcoin can reach higher price although not any bad issues publish by United State and China as countries not support with bitcoin.
It seems so because the price is back down again after yesterday's gain and is holding at $37k.
We don't know if the price can stay at $37k or go back down again as there are no definite clues about that.
Hopefully, there won't be a need to wait until three years later for bitcoin to return to its highest price or if that's the case, we can just be more patient to wait.
We are almost seeing the end of the month and hopefully, in the next month, the bitcoin price can get a long rally to climb back up.
hero member
Activity: 1344
Merit: 565
February 23, 2022, 11:23:33 AM
#61
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

I can't really comprehend your statements but there is one thing for sure that BTC will always get to new ATH. Now talking of other recoveries yes, they all dependent of BTC driving market this means if it turns to bullish all other assets follows the directions as well. always keep one thing in mind that market is being driving by information.
I believe OP was trying to be "CONVINCED" that there might not be a new ATH for Bitcoin and considering what you just said about the Bitcoin market being moved by information, It is highly likely that there might be BULLISH news for Bitcoin to also change the market trend so we can't really conclude that because the market is in a downtrend means that's going to be the trend for 2022.   
hero member
Activity: 1960
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February 23, 2022, 10:58:36 AM
#60
I already said some time ago that we are in a bearish trend and the problem is that the bearish trend can last for several years, and if it does, then of course the price of bitcoin will only fall this year and there will be no talk of any new peaks, but in the future, of course, the price of bitcoin will only rise and will reach $100k, which is why now many big players are investing in bitcoin while the price of bitcoin has fallen so much, but of course trend can change anytime, so we must wait and watch.
Yup!. I think we have entered a bearish period like 2018. This year, I predict the bitcoin price will likely continue to fall, the drop could go up to around $30k. We should hold, now is not the time to sell.
As you mentioned: the participation of the major players in the market, I expect the market will not fall for too long like 2018. I hope the market won't fall for too long and will go up again soon.
member
Activity: 601
Merit: 10
Artemis
February 23, 2022, 08:52:54 AM
#59
Indeed, entering 2022 from the beginning until now, price of btc is always changing. A new ATH will be created, but after that it will experience a decline back to its current state and will create a new ATH. but we always hope that btc will always experience good development
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
February 23, 2022, 07:10:03 AM
#58
I believe the long term is still effective and I use it as a strategy to get big profits, of course coins that have strong potential and will continue to be used so that with long term holding we can make big profits like what is happening now, the coins I rely on are MATIC, Sandbox and Terra.
you have a good choice. Matic and SandBox are also assets that I have for the long term.
the strategy is simple, buy when the market is down. and don't get frustrated easily when the price drops deeper. plan the right time to get out in the investment. so we don't lose the moment when we want to sell long-term assets.
most of those who think the long term is not good are those who are easily frustrated and panicked by volatile market conditions.
sr. member
Activity: 1484
Merit: 254
February 23, 2022, 05:38:16 AM
#57
I believe the long term is still effective and I use it as a strategy to get big profits, of course coins that have strong potential and will continue to be used so that with long term holding we can make big profits like what is happening now, the coins I rely on are MATIC, Sandbox and Terra.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
February 23, 2022, 04:56:49 AM
#56
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

I can't really comprehend your statements but there is one thing for sure that BTC will always get to new ATH. Now talking of other recoveries yes, they all dependent of BTC driving market this means if it turns to bullish all other assets follows the directions as well. always keep one thing in mind that market is being driving by information.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
February 23, 2022, 04:50:27 AM
#55
Long term is only effective for hold top coins such as BNB, EThereum and so on, this is because too many speculators are active in daily trading so when they see the market rise or profit at least 5% they will sell, but with strong coin hold it is not necessary will undoubtedly increase significantly.
Long-term options are indeed always within the scope of good coins so even those who hold them don't have to worry about losing a lot of their assets, because the volume is always there and even increases when there is a good price increase in the market.
sr. member
Activity: 1190
Merit: 250
February 23, 2022, 04:31:45 AM
#54
Long term is only effective for hold top coins such as BNB, EThereum and so on, this is because too many speculators are active in daily trading so when they see the market rise or profit at least 5% they will sell, but with strong coin hold it is not necessary will undoubtedly increase significantly.
sr. member
Activity: 2380
Merit: 366
February 22, 2022, 10:42:37 PM
#53
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

Of course you are clearly wrong. What do you mean by "on the long run the way is always down"? Have you seen the overall chart of Bitcoin? Try to check one, a chart that shows you the growth of Bitcoin's price from the moment it is traded and given value up to now. You will see how Bitcoin is actually moving upward through the years. Forget about the short term volatility of Bitcoin. Take a step back and you will realize that Bitcoin has actually grown thousands of fold. No altcoin can beat that.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
February 22, 2022, 10:31:20 PM
#52
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
Yes, we are in the bear market now, but I will call this a correction because the price seems to sustain for the worst.
If you are confused, you better not enter the market and not force you to buy any coins because that can make you buy at a high price.
You should have more patience waiting for the situation to back to normal to analyze the market.
The recoveries will always try to make the price lift. Although it seems hard to do, we know that bitcoin is strong enough to rise from the bottom.
Still looks not chance for Bitcoin can touch all time high on this years because have been dominance for bitcoin last two years with always make new all time high, have possibility with cycle where bitcoin halving impact waiting for can reach all time high again for bitcoin. Looks need three years later for bitcoin back to top price. Still with my assumption only looking how bitcoin chart and price last tow months on this year. Not any possibility for bitcoin can reach higher price although not any bad issues publish by United State and China as countries not support with bitcoin.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 22, 2022, 09:04:52 PM
#51
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
Yes, we are in the bear market now, but I will call this a correction because the price seems to sustain for the worst.
If you are confused, you better not enter the market and not force you to buy any coins because that can make you buy at a high price.
You should have more patience waiting for the situation to back to normal to analyze the market.
The recoveries will always try to make the price lift. Although it seems hard to do, we know that bitcoin is strong enough to rise from the bottom.
legendary
Activity: 2884
Merit: 1117
February 22, 2022, 08:52:24 PM
#50
currently we are in a bearish trend, it’s only normal if the market always looks grim or you could say that majority of the market movements will just be full of market correction.
if you widen your horizon over your chart analyzation you could see that we are still quite far higher than the valuation in the past even if we has experienced so many market correction and currently the market has lost quite significant amount of market capitalization.
once the trend has finally changing its direction you could see the same joyful market movement that brings nothing else but more and more bullish run, it’s all just the trend and it’s also the perfect moment for accumulating if you’re conscious of the current market trend.
You can compare the dump that happens right now with another dump that already occured in 2020. it has almost the same candle. It was going up but go down again but this may become the end of dump.
People keep forgetting that we were under 30k, even under 10k, just as recent as 2 years ago. Just because we had a great year from 2020 to 2021 doesn't mean that we were always like this. Up until summer of 2020 we were at around 10k, and now we are at around 3-4 times higher than that on a "bear" trend.

I am not saying that we are not lower right now but being lower doesn2t always mean something that is terrible for everyone. Focus on being as good as you can, get as much bitcoin as you can, and then keep on waiting. Bitcoin always ends up higher in the long term and this is a proof of that. 35K+ levels being a "bear trend" is something amazing all within itself.
hero member
Activity: 3010
Merit: 629
February 22, 2022, 08:08:44 PM
#49
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
The recovery is not strong enough to get over the bearish season but atleast there's a recovery that is happening and the price is not getting deeper. We're still in the first quarter of the year so many things can still happen to affect the market.

This situation is normal for Bitcoin, it turns up and down unexpectedly. Thus only those investors with strong hands can think ways on how to take advantage it and not letting themselves be affected. Just be patient and think positive. Dont stress yourself on the current price and look forward on what lies ahead.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
February 22, 2022, 07:31:30 PM
#48
last year bitcoin actually had ATH, I think btc will come back ath in 3 years, like waiting from 2018 to 2021.
Yeah, i do agree with this. 4 year cycle means pump after halving. The only problem is we are still being far from the next halving and how can the market defend its price from the dump when we are 2 years away from there? The halving will be happening in the next years. To be honest waiting around 2 years will be making everyone will boring with the market.

But the cryptocurrency trend is quite strong now, bitcoin may continue to grow ATH will occur every year until the supply runs out of mined.
Im not sure you will be facing ATH every year but the fact that if you are also watching this and then you may see if bitcoin needs at least some times to do preparation before the pump. The halving will be triggering the long term pump for the bitcoin. This time the inflation in bitcoin is still happening but as the block reward will be reduced and this is very good for bitcoin in long term. Miners will have no power to give impact to the market.
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