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Topic: The long term way is down - page 6. (Read 792 times)

hero member
Activity: 2366
Merit: 504
February 22, 2022, 03:57:14 AM
#27
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.
sr. member
Activity: 1344
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February 22, 2022, 01:34:29 AM
#26
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?
So what are you looking for in this market, do you want it to always happen according to your wishes?
Or have you come to terms with the facts that are happening, everyone wants a good future for the market but that doesn't mean it has to go up all the time, corrections take place to get rid of people or things no longer suitable for the market (or maybe in a certain sense depending on each person's opinion) .
Don't trust anything when you don't understand it, I think you should have a more relaxed view of the market no matter what the future plays out, always be satisfied and happy with it.
legendary
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Leading Crypto Sports Betting & Casino Platform
February 22, 2022, 01:12:08 AM
#25
I'm not confused that BTC will reach a new ATH this year
No but you can expect this for next year or after another bitcoin halving to come which was around 2024 and that's 2 years from now. No ATH this year and believe it. take a look at the current candle and you may see that if bitcoin is in another big bearish trend. it's sad to say that even some predictions predicted if Ethereum will be wiped out from the market.
We may be so lucky if we will able to see another ATH this year but im very doubt this will be happening.

anymore since we entered 2022 every recoveries are not strong,
The wrong this from you expecting the strong recovery during the crypto winter is a big mistake.

on the long run the way is always down, what do you think? I'm i wrong or right?
You're right. Crypto will be going down for long term.
full member
Activity: 910
Merit: 100
February 21, 2022, 11:30:00 PM
#24
yup! i think it's true.
like what happened a few years ago, i think what happened in the past will repeat itself at this time.

slowly but surely the market will continue to go down.
it's time to be careful, but don't miss this opportunity as pumps and dumps happen in a short time. we can make short term investments to raise more money and be prepared to buy back when the market bottoms out.
sr. member
Activity: 2506
Merit: 368
February 21, 2022, 06:59:18 PM
#23
Yes, we can see that Bitcoin has been declining for some time now. In this way, if it continues to go down, then bitcoin will decrease a lot.We don't see that Bitcoin has been going down for a long time now but it hasn't started growing like that. Many people think that Bitcoin will go down further and maybe 20k.If it continues to decline in this way, the cryptocurrency may collapse in a big way.
It looks like a bear is coming but I would like to believe it's just a normal thing that would try to make the institutional investors to buy low since Bitcoin has been pumping a lot lately. We could actually see the $30k again here if this will continue or worst below $30k then it's a winter time for Bitcoin.

Just HODL what you can hodl during this time I still believe there's a chance it will bounce back to break another ATH. How I wish this will give as a chance to buy low or sell high again.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
February 21, 2022, 06:51:35 PM
#22
So, what do you think personally? Believe in Bitcoin ATH again or not?
Actually, it is unpredictable to see how the market is ongoing currently since the end of 2021. Many predictions about the new ATH will come still don't meet. Additionally, we are also still experiencing a very volatile market of Bitcoin, seems like bearish era of Bitcoin and altcoins are still ongoing. Not high increase, but significant drop.
If we are expecting Bitcoin for a long-term investment, we may not be confused anymore because we will be waiting for the next bullish era to meet the next ATH in both this year or even several years later. So, long term for BItcoin still works very well.
But if we are expecting for the short investment to wait for the ATH to be done during this year, it is still unpredicatble. Maybe yes, maybe not
legendary
Activity: 2534
Merit: 1338
February 21, 2022, 06:43:08 PM
#21
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?
It is too early to tell, it is true the price is going down and it does not seem to have the strength to sustain a long term recovery and lead us towards another ATH at the moment, however it is only February, we have ten months ahead of us and that is more than enough time for the circumstances to change in the market, so do your best to avoid making the mistake of selling your coins for a bad price, because if you do and you are wrong then not only you will miss on the potential profits you could have gotten, but in the case you want to enter the market again then the bitcoin you will get in return will be way lower than what you had.
hero member
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February 21, 2022, 04:55:35 PM
#20
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?
We are already in a bear market, so with that, we will not see anymore all time high for bitcoin this year. And it shows that we are still in a 4 year cycle, 2017 bull run and then we have 2021. And after that epic and massive run, it's time for the bears to take the market again for 2 years. So adjust your trading strategy and buy when bitcoin is on a dip.
sr. member
Activity: 1610
Merit: 264
February 21, 2022, 04:10:41 PM
#19
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're neither of the two as you're just overthinking it. If you've been holding BTC for quite some year, this isn't anything new for you already. Do you recall when BTC was like down to 32k last year? I can't quite recall the exact month but it dipped like this before it went back up again.
It's just Bitcoin being Bitcoin.

I am pretty sure that this thread suits more in the Bitcoin Discussion board.
member
Activity: 280
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February 21, 2022, 02:43:27 PM
#18
It's no surprise how fast people adapt to the present conditions of anything that's happening, when a bull market is present they wish it stays forever and they make plans based on it, they have forgotten that the crypto market is seasonal no matter how much money is entering the space.
full member
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February 21, 2022, 02:34:37 PM
#17
Quote
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, the price of bitcoin will definitely move higher before the end of this year 2022 to enable people to make a good profit from their investment. Now that the price of bitcoin has dropped to $39k few days ago, it will be better for anyone to buy more of bitcoin and hold for the market price to change positively to make a good profit. Those investors that are used to long term investment will really have a lot of income to achieve from their bitcoin investment when the price of bitcoin hit back to $75k before the end of this month of February 2022.
hero member
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February 21, 2022, 12:39:13 PM
#16
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 can be both, wrong and right.
We don't know how long this recovery would take. As if there's stopping it and it can be the possible war that's happening between Ukraine and Russia.
IMO, if it's all about long term, there's only one choice that shall reign by that time and that's going to be up.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 21, 2022, 12:19:19 PM
#15
2020, 2021 we have experienced 2 years of the impressive growth of BTC, BTC consistently hits ATH. So I wouldn't be surprised this year bitcoin will be on a downtrend, possibly entering a long bear cycle. But who knows, if war occurs, prolonged inflation will cause a global economic crisis. Bitcoin can be a place to invest or a safe haven. then bitcoin will have a new ATH.
hero member
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February 21, 2022, 11:55:48 AM
#14
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?

With this condition and can you still expect ATH to be reached soon? I personally didn't even think bitcoin will reach new ATH. Bitcoin will be doing sideways this year and it will be very stable. So many things are also affecting the market. Bitcoin is also less volatile compared to when it was very bullish. The long term run for bitcoin still remains a mystery. I'm always feeling bullish with bitcoin even when others are thinking bearish trends about bitcoin.
You are wrong about your prediction. The fundamental of the market shows that if crypto is more to the bearish trend rather than bullish trend.
full member
Activity: 1512
Merit: 115
February 21, 2022, 11:39:45 AM
#13
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 don't suppose anyone can predict where the market will be by the end of the and however there have been a couple of negative news that has continued to bring the market down mainly because of fear like the current Russia and Ukraine tension, but I do however believe that Bitcoin can do better than the previously ATH this year if there is no constant negative news. 
hero member
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February 21, 2022, 11:22:15 AM
#12
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?
We cannot say boldly that Bitcoin will reach 100k. Some news show that it will reach 300k in few years.
For me its not hard to reach so because only 5-10% of world are trading bitcoin, if it increase to 30% we will definitely see Bitcoin at 100k. Also not any big country yet accepted Bitcoin as a payment service. If it done will go very high
legendary
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February 21, 2022, 11:17:05 AM
#11
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 way has always been up for BTC till date. It's been reaching new all time high and new lowest resistance every few years. Recently it has been holding its lowest resistance above 30K which is much higher than what it used to be a couple of years ago. If you look and test the graph, you can find it totally bullish. Any price below 40K is a good buy price for bitcoin. Not sure if it would reach a new ATH this year, but it would certainly happen within 4 years.
hero member
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February 21, 2022, 11:03:08 AM
#10
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 not wrong, and you are not right. The only way to determine if you are right or wrong is when you are already in the situation. It's important that you study the market carefully, the pump and dump are just normal, if you have entered the market during the bull run, you would really not appreciate the current situation because the price is going down, however, if you educate yourself, you'll see that the current situation is an opportunity.
hero member
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February 21, 2022, 10:59:41 AM
#9
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?

If you are talking ever then yeah we will definitely see higher highs.  Right now with the economy the way it is and coming off the pandemic I think short term we will see a dip into the 20s possibly.

I'm also on the optimism that we are going to see highs above current ATH. Countries are gradually trying to find away around bitcoin, some legalizing and El Salvador already cool with adoption. Expect a very volatile run up when the bull resume again. Bitcoin is struggling to stay up despite the bear and I think is time to get some share of the coin.
hero member
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February 21, 2022, 10:50:42 AM
#8
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong,
Im feeling pessimistic if bitcoin will be touching another ATH again since the market is in read and extreme fear anywhere. the recovery that happened with bitcoin last weeks can be called as a bulltrap but we are in the straight direction to go down even more as supports already broken and bitcoin goes to the bottom. People are hoping the recovery will come soon but this will not be a real thing.
So many bad news not only from the cryptocurrency but various sectors are making people feel scared. The price of gold is increasing due to this fear.


on the long run the way is always down, what do you think? I'm i wrong or right?
You may be wrong with it and you may be right about that. I can't say which the correct answer caused by the market still remain unpredictable. Sometime when i were saying you were right and market turned to be bullish again. I do believe we will be in the bearish trend until the global economic will be recovered again.
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