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?
What you are saying is not clear ,first you have said that btc will recover and get a new ATH this year after that you said long term it goes down always .Really made me confuses .Whatever i just wanna clear my side that long term is always profitable if you choose the right coin .So you just need to exit when you got enough profit on that .You don't hold it when you are in good profit cause after getting a strong trend you might face bearish momentum .Market is always an uncertain place .Who had though that btc could hit ATH on several time on year 2021. I hope it will recover soon and we will see a bullish market on upcoming days . 
Topic: The long term way is down - page 7. (Read 792 times)
Bitcoin has a lot of opportunities to hit a new ATH again this year but it's not an easy thing because the bitcoin price is currently down again and even now, bitcoin is touching the price of $37,600. But strangely, a lot of altcoins get green candles and if the situation is like this, there is a possibility that the altcoins will start another rally and after that, bitcoin will begin to increase. It was just a prediction that could be wrong or could be right.
But in the long run, bitcoin will increase again so you don't have to be confused and just enjoy the ride. There is a recovery phase for bitcoin that we may not realize later because it could be that the price of bitcoin rises slowly to the level of $50k-$60k and after that, the price immediately rises sharply.
But in the long run, bitcoin will increase again so you don't have to be confused and just enjoy the ride. There is a recovery phase for bitcoin that we may not realize later because it could be that the price of bitcoin rises slowly to the level of $50k-$60k and after that, the price immediately rises sharply.
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 only think of that the long term way is only in one direction and that is upwards.
If we see through out the history of bitcoin we can see how well it has performed over the long term.
Although we have seen sharp declines, it has been recovered well and over the long term we have seen a very good price increase in bitcoin.
Why would you say that the long term way is down for bitcoin ?
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 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?
Well the overall price movement of BTC is different depending on which time frame you are looking at. If you just look at the time from the beginning of 2022 until now then yes the overall directions in terms of the price for bitcoin is downwards with some small upwards corrections here and there but still we are at a lower price at the moment then we were back in the beginning of this year. That being said, this does not automatically mean, that a new ATH of Bitcoin is impossible to reach within this year. We still have 10 months left and i am really not an expert trader, but what i have learned so far is that everything can happen in the cryptospace and also that everything can happen pretty quickly.
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?
Your statement is conflicting to each other you mention that you believe that BTC will enter new ATH this year you are bearish in the long term? There's no sign right now that BTC will really reach the new ATH this year but the price will go up in long term since people will always expect that Bitcoin reach new ATH when the current price is low. That is normal thinking of traders when trading but there's a lot of upside down along the way that I believe you are describing on your content. This downward movement is only temporary and the only direction Bitcoin can go is only upward in the long run due to its increasing demand.
Move your thread on Bitcoin Discussion section since you are focusing on BTC market movement.
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?
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