It is too soon to talk about the recent action but if the recent panic sell translates into a slow rise through the next month or two then we can finally say that the 4-year cycles are over. At least in the sense of 13000% rise for 3 years and -80% drop for a year kind of trend.
So the 2022 Q1 could be a slow rise where price tests $100k for the first time with a solid buy support instead of jumping to half a million then crashing.
Topic: What is your analysis says about btc in Q1 of 2022?? - page 6. (Read 783 times)
I think it will range for a little bit in the new year. That is unless $42K support breaks and we head down to like the $30ks or something.
Usually after a dump like this, it will be ranging for a while and it’ll most likely be accumulation. Similar setup that we had in the summer. Basically it dumped all the way to $29K and ranged between that and $42K for months. It tested support a few times, held and we managed to go higher when everybody assumed that $28K would break and we would head down to $20K.
Usually after a dump like this, it will be ranging for a while and it’ll most likely be accumulation. Similar setup that we had in the summer. Basically it dumped all the way to $29K and ranged between that and $42K for months. It tested support a few times, held and we managed to go higher when everybody assumed that $28K would break and we would head down to $20K.
I am not yet analyzing bitcoin because I still need more information to gather everything to find or predict what can happen in Q1 of 2022. But if we check on the history and see that bitcoin is dumped hard and stays at that lower price for some time, then I do not expect that will happen again as bitcoin popularity has already increased and everything is different than last year. Maybe we can see something after the middle of this month or the last 10 days this month to get a sign where bitcoin will move so we can prepare.
Despite the huge dump, which is almost -20% I am still bullish for this month. I am still positive, altcoins could also carry Bitcoin this time as Bitcoin dominance dropped too much lately.
If ever Bitcoin will drop $40,000 this month, I am looking forward that Q1 of 2022 is the start of a bear market, or just like what happened on December 2017 - Q1 of 2018. After the alt season, a huge drop in the market started, and the bear market started.
If ever Bitcoin will drop $40,000 this month, I am looking forward that Q1 of 2022 is the start of a bear market, or just like what happened on December 2017 - Q1 of 2018. After the alt season, a huge drop in the market started, and the bear market started.
The story for 2022 is to arrest the current decline, level out and recover into a bullish move and regular pattern such as we saw this year. It can happen, I expect it but I dont know exactly how it goes or even if we take 18 month or just 6 to achieve this much. Generally you know to be more cautious in trading when price is higher but indicating some faltering in its steps such as recently. Buying and holding is something else.
This year is about to end. On December in 2020, btc was around $18k. That time bull run started and With the start of 2021, btc made itself almost double of its price within 1month. Then again Record Ath on $63k. Suddenly it dumped near $32k on july but again bounce back and makes us surprise with many ATH for the whole year (last one was near $68k on 9th november). So what is your analysis says? Btc will doing good on start of 2022 or bear run could be seen for long term after we enter 2022
Hard to say if we are going to enter bearish phase in 2022. But currently after hitting a new all time high in Nov. 10 we have seen the price really going down hard to the $47k and lower. In any case, I would say though that the market could still make it to the 6 digit that we all have been looking for. So I would say that we are still going to be bullish in early 2022, at least in the first quarter. Of course, if history repeats itself, bear market is imminent but it might appear later in 2022.
This year is about to end. On December in 2020, btc was around $18k. That time bull run started and With the start of 2021, btc made itself almost double of its price within 1month. Then again Record Ath on $63k. Suddenly it dumped near $32k on july but again bounce back and makes us surprise with many ATH for the whole year (last one was near $68k on 9th november). So what is your analysis says? Btc will doing good on start of 2022 or bear run could be seen for long term after we enter 2022
Doesnt really matter when it comes to speculation yet we know that market could neither only have two ways whether it would really be on bearish mode or would definitely be on that bullish sentiment but we know that this isnt something that can be known byt someone.No matter how good your analysis is but it would really be still not able to give out some assurance that you could make the right decisions whenever you do tend to get in or make out some orders.
To talk about 2022, first, let's talk about today, I can see many people are scared of this market after the recent price fall happened. In my own idea, in the first or second quarter of 2022 bitcoin can be ready to reach the new targets these price falls happening these days are important to happen before reaching new target because the market needs to save some potential and the bears should sell the coins at these prices level. Generally, I'm very much optimistic about it.
This year is about to end. On December in 2020, btc was around $18k. That time bull run started and With the start of 2021, btc made itself almost double of its price within 1month. Then again Record Ath on $63k. Suddenly it dumped near $32k on july but again bounce back and makes us surprise with many ATH for the whole year (last one was near $68k on 9th november). So what is your analysis says? Btc will doing good on start of 2022 or bear run could be seen for long term after we enter 2022
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