Author

Topic: what now ? (Read 663 times)

full member
Activity: 994
Merit: 101
March 18, 2023, 08:34:37 AM
#96
Bitcoin's performance is very convincing and now it is stable at $ 27k, of course we don't expect that the price of bitcoin jumps from $ 22k to $ 27k, when many say that when the price can touch $ 25k it will continue to rise, and you can say the price is $ 25 k occurs quickly due to the unstoppable upward movement.
sr. member
Activity: 631
Merit: 253
March 18, 2023, 07:27:00 AM
#95
Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.
Those who bought immediately and didn't wait for too many predictions actually gained a lot, those who are lucky enough to spot it ASAP and bought it without hesitation are undeniably those who earned in the past month or week. Right now the market is slowly recovering and it's not guaranteed yet whether it'll continue this way but at very least the chances are not that high that it'll sink.
STT
legendary
Activity: 4102
Merit: 1454
March 17, 2023, 06:59:39 PM
#94
This is a really strong rise occurring now, slight hesitation yesterday resolved into a good up day.   I think its very fair to presume we continue to move upwards until much nearer to 30k.  Far more bullish then I expected especially after falling back to 19k that was so quickly reversed it has to be taken as very bullish action.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
March 17, 2023, 06:52:19 PM
#93
Don't look for low price, but try to buy on dip. You might consider 5% dip to buy and sell when the market recovers. It's a good strategy, but if you're looking to invest long-term then dip should help you earn more bitcoin. The buy on dip and hold strategy is best for expecting worth it returns in the long term, which is what long term investors or holders usually do.

What now - take profit in case some of you have already bought on the dip. But it's better to hold longer and sell higher.
I think the dip was already here and people missed it, I would highly suggest not to miss those type of dips. We were at 16k for a while, and right now we are at 26k, that is literally over 60% return and this is just this year, YTD return, think about what we could do further into the year. I am not saying do not buy here, if you want to you could buy here as well but those people who bought at 16k had to wait so much, if you buy at 26k thinking you could profit right away and if you do that is great but if you don2t then you should realize that you didn't deserve it yet.

We, as people who bought under 20k, waited for months and months before we could see a profit, we had to watch our profits erode and had to be patient, so if you really want to profit, give it some time after you bought it.
full member
Activity: 812
Merit: 108
March 17, 2023, 08:04:20 AM
#92
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
My experience and observation is that you missed the bottom and now bitcoin is in a recovery cycle and establishing a new trend. Perhaps not a bull cycle but recovery strength is certain to be achieved. Look at how bitcoin is representing and how relevant it is to being accepted by the free market is amazing. At first glance it looks like a bullish period but I'm not sure this increase is sustainable throughout the year. The opportunity to accumulate buy on dip and hodl should be ready.
legendary
Activity: 2618
Merit: 1181
March 17, 2023, 06:20:11 AM
#91
Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.
Don't look for low price, but try to buy on dip. You might consider 5% dip to buy and sell when the market recovers. It's a good strategy, but if you're looking to invest long-term then dip should help you earn more bitcoin. The buy on dip and hold strategy is best for expecting worth it returns in the long term, which is what long term investors or holders usually do.

What now - take profit in case some of you have already bought on the dip. But it's better to hold longer and sell higher.
hero member
Activity: 2576
Merit: 579
March 17, 2023, 05:44:50 AM
#90
Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.
hero member
Activity: 2632
Merit: 833
March 17, 2023, 05:17:31 AM
#89
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates



Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Wrong mindset though, I mean the price even though is rising is still very cheap. Just look at how or what is the prediction for the next bull run, minimum $100k. And if by chance we hit like $150k-$180k, and if you buy today still a very good returns.

So that separates smart investors from regular one, when it rises like today they are still afraid to invest. While there are investors who keeps on investing whatever the price is thru DCA.
sr. member
Activity: 1526
Merit: 255
March 17, 2023, 04:25:14 AM
#88
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates



Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 16, 2023, 02:49:02 PM
#87
-*-
When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.
yes, rising at the beginning of the year does not mean that there has been a bull market because after that there has been another decline, so it is still not stable which indicates that it is not yet time. It seems that waiting is not predictable for the next few months for a bull market to occur, but it will probably happen as early as next year.
so stay patient with situations like this because everything will happen and it only takes time to be patient with the wait.
hero member
Activity: 2968
Merit: 640
March 05, 2023, 01:29:32 PM
#86
It cannot be identified on a single step because in recent year the market is really unstable so the price will regularly changes. Bitcoin price is lower in price but not as lower as in previous year now its neither too low nor so up but is estimated that it will go more up in coming month.

When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.
It's been a month since the op ask this question. 1 month of waiting must be enough already to have a conclusion if what do we think is the state of the market at least for the first quarter only because the year was still long and there must be a major change that will happen later on. The gains that we have last month are still here so I still believe that we are still on the beginning of a bull run.

I am sorry to say this but yeah @op you already missed the bottom. Sorry, bro but you have your reason on why you missed it. You are less active here and maybe you are more active in your personal life. You must be earning decent there so you shouldn't regret that much. You still can invest late and expect to earn something once we finally complete the whole bull cycle.
hero member
Activity: 1904
Merit: 541
March 04, 2023, 09:26:20 AM
#85
Today completes a full reversal of the higher range we've seen and the BTC rally to the start of February.  The wider question after this completes is do we repeat this range again and return back to 24k or do we fail the support at the bottom of the range and extend into a further pullback presumably to somewhere like 20k or 21k possibly.
    Market has been quite bullish, Monday is in a few hours its possible we see a return to positive action at the beginning of the week and so we repeat range.  Most likely overall is an extension of a price check for all the 20k prices but might not happen now I guess.
Yeah, we are still in the middle right now, bulls wanting to get the price to $22k, but somewhat it has being pulled by the bears and remain at the higher $21k levels. It's going to be weekends so we might not see a lot of movement either. Hopefully I'm will be happy if we can the price for this month just above the $20k region. It's the biggest support that we can have right now and maintaining it means that the bulls could still have the upper hand and then we will see what March is going to offer. Maybe can go as high as $24k again.
We are already bullish at $24k before and it was $25k is the price that is being pulled by the bears. At this point, many are starting to doubt that the mini bull run that we feel will continue and slowly transition into a bigger bull run. Let see once, we resume the market on the weekdays.

For now, we can't expect a major movement since it's the weekend and the traders/investors/whales/etc, are still taking a break for a while. Here in crypto, you must accept if whatever happens with the price. That is the only way to survive and besides each side of the market can still be used to our advantage. The bulls might be delayed when the bear persists but on top of that is we have an extended buying period.

The problem now is that the value of bitcoin has fallen by 22k$ more than the market which for sure is not expected and they think that the increase will continue.

But in this case, it is clear that this is just a reminder that we are close to the bull run so this is what is happening in the market, that is why others have nothing to do but hold bitcoin or buy to accumulate more bitcoins in their accounts addresses
full member
Activity: 798
Merit: 134
March 04, 2023, 01:51:13 AM
#84
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

You really missed out the bottom of the market. That was also a bear market and not even the beginning of the bull, comparing to the time I started the journey in the forum, bitcoin was at the rate of $42+, so if I will measure bitcoin from the bull market, it should be around $40+, and even at that it is still a bear market for some users it they they started the journey at the rate of $60+. So the prediction of bitcoin in this year 2023 might be at the rate of $30 - $40 but the bull will really start from 2024 or 2025.

Like what I saw sometime ago, during 2018 when it was less than $3k we were seeing it as bull thinking it was too high for someone to venture into, but from all point of view and my experience bitcoin is still at bull trend though it could be bear for you people who recently started the race and for those who bought at high would also consider it to be bear. Right away the market is indecisive since it has been trading on 22k to $25k plus.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
March 03, 2023, 11:56:25 AM
#83
It cannot be identified on a single step because in recent year the market is really unstable so the price will regularly changes. Bitcoin price is lower in price but not as lower as in previous year now its neither too low nor so up but is estimated that it will go more up in coming month.

When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.
legendary
Activity: 1106
Merit: 1372
February 15, 2023, 02:57:29 PM
#82
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

You really missed out the bottom of the market. That was also a bear market and not even the beginning of the bull, comparing to the time I started the journey in the forum, bitcoin was at the rate of $42+, so if I will measure bitcoin from the bull market, it should be around $40+, and even at that it is still a bear market for some users it they they started the journey at the rate of $60+. So the prediction of bitcoin in this year 2023 might be at the rate of $30 - $40 but the bull will really start from 2024 or 2025.
legendary
Activity: 2716
Merit: 1383
February 15, 2023, 02:21:45 PM
#81
right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.
Short corrections are very common in the market and you don't need to think about it worryingly, because today the increase in Bitcoin prices has started to show again even though the Bitcoin price itself is still below $ 23K. But if bounces like now happen frequently this month, I think Bitcoin price could be close to the $30K price level even though it won't be so easy for Bitcoin. So don't pay too much attention to corrections, because that is a very common thing in the market.
People need to develop a thicker skin and stop worrying about every single small correction that we go through, and this is even more especially true for those that are long term holders, as the price did not even moved that much and some holders were already worried about bitcoin going back to the levels we saw at December of last year, and if they maintain this attitude they will have huge problems to hold their coins for as long as they want.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 15, 2023, 10:58:39 AM
#80
right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.
Short corrections are very common in the market and you don't need to think about it worryingly, because today the increase in Bitcoin prices has started to show again even though the Bitcoin price itself is still below $ 23K. But if bounces like now happen frequently this month, I think Bitcoin price could be close to the $30K price level even though it won't be so easy for Bitcoin. So don't pay too much attention to corrections, because that is a very common thing in the market.
No need to worry about a short correction because it can happen at any time, as we have seen in the last week. And throughout the rest of February, we may see that correction again. So brace yourself, take the opportunity to buy more bitcoins whenever possible, and don't use all the money on a single purchase order. A price reversal will occur and even start a long rally to reach the last ATH, creating a new ATH again. For now, the bitcoin price will reach $25k first before it increases even higher.
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
February 15, 2023, 08:28:33 AM
#79
right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.
Short corrections are very common in the market and you don't need to think about it worryingly, because today the increase in Bitcoin prices has started to show again even though the Bitcoin price itself is still below $ 23K. But if bounces like now happen frequently this month, I think Bitcoin price could be close to the $30K price level even though it won't be so easy for Bitcoin. So don't pay too much attention to corrections, because that is a very common thing in the market.
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
February 15, 2023, 02:19:59 AM
#78
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

according to weekly chart? it stays the same status from 20-24k staying ?

https://coinmarketcap.com/currencies/bitcoin/

wondering if there are more big movement coming but for me? i believe that this will be the status around the year , or maybe at least moving to 30k maximum .

and updates? just check the market mate and you can see the graph yourself.

https://coinmarketcap.com/
You see $30,000 as the maximum? I see $25,000 as the maximum, and it seems like it can't surpass even the $24,000 price.

TBH, we might see Bitcoin staying at around the $20,000-$24,000 price like you said unless something bad happen that might affect the market negative like maybe increase in interest or CPI update etc.

Overall, the rally that just happened a few weeks ago is just a short term rally. No beginning or a bull market or anything related to it because it will not happen at least this year. I predict a sideways movement with Bitcoin this year. We might see some short rallies like this one, but a few weeks after it happen, it will slowly go down like what's happening currently where it rises up to up to $24,000, but went down to $21,000. Good thing that it's starting to go up again as of this moment.
sr. member
Activity: 2618
Merit: 439
February 15, 2023, 12:30:56 AM
#77
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Yes, I still do DCA monthly, and I am not too bothered about the bitcoin price in the past few days, even though it is more than 40% up from the bottom. My sell target will be when it hits a new ATH, or it will be $100k, depending on the market situation, I think as long as bitcoin stays below the old ATH, we can still invest. We do not always have money to invest in bitcoin, if there is no opportunity to buy bitcoin for 15k $, then 20k or 30k is still an opportunity to own cheap bitcoin.
then you must be ready to wait for another couple of years?
there will be at least 2 to 3 years from the ATH and that would happen in 2025 i believe.
maybe you have plenty of available funds to carry waiting that long then also better to consider buying more once the price dumped badly in the coming days things that we surely expect .
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 15, 2023, 12:14:36 AM
#76
I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.
Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.
I agree and I am a bitcoin supporter and I believe that is exactly the situation we are in right now. I know not many people agree with me, but I believe that we shouldn't be shocked to see it go up a lot more. I know it looked a bit weaker recently after that increase, everyone expected it to be a lot higher and when it didn't moved that much higher many people were disappointed about it, but I think it is quite understandable why people didn't trust it that much and why they did not see it go up.

Not enough people believed in the bull run, and even though we are still 21k+ which is 5k+ more than the bottom, there are still many who do not trust the increase, and that's an issue.
we cannot blame them mate as the increase isn't that high comparing to the last ATH but at least if we truly knew what are we investing then we must understand that bitcoin is the place where we can be assured of recovering and braking its ATH every Halving season in which 2-3 years from now.
so Holding will carry all this matter.
full member
Activity: 2590
Merit: 228
February 15, 2023, 12:09:05 AM
#75
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

according to weekly chart? it stays the same status from 20-24k staying ?

https://coinmarketcap.com/currencies/bitcoin/

wondering if there are more big movement coming but for me? i believe that this will be the status around the year , or maybe at least moving to 30k maximum .

and updates? just check the market mate and you can see the graph yourself.

https://coinmarketcap.com/
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
February 14, 2023, 11:20:05 PM
#74
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Yes, I still do DCA monthly, and I am not too bothered about the bitcoin price in the past few days, even though it is more than 40% up from the bottom. My sell target will be when it hits a new ATH, or it will be $100k, depending on the market situation, I think as long as bitcoin stays below the old ATH, we can still invest. We do not always have money to invest in bitcoin, if there is no opportunity to buy bitcoin for 15k $, then 20k or 30k is still an opportunity to own cheap bitcoin.
full member
Activity: 2240
Merit: 187
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 14, 2023, 10:36:19 PM
#73
Quote from: mich
Well I am not so sure we can call Bitcoin 'bullish' right now. We have seen price point of like $24,100 but then soon it dips back down below 24k again.

I would feel more comfortable with the market when we touch 25k. This has not happened though since August, but this was only for a brief time. I think more people will become 'bullish' when we break $25,000 but who knows if this will happen soon or no.


I think, the bullish will happen soon for those that invested a huge amount of money on Bitcoin few months ago to get ready to achieve something passive from their investments. Now that the price of Bitcoin has increased to $22,321 again, showed that the bearish market will soon leave the market which will be favourable for both long term traders and short term traders to do everything possible within their power to invest now, so that they will have a great opportunity to earn well when the price increase higher. I believe, the price of Bitcoin will definitely touch $26,000 before the end of this month of February because the green light is preparing to remain stable.
hero member
Activity: 2996
Merit: 609
February 14, 2023, 06:22:19 PM
#72
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.
Not all would really be eyeing for the bull run moment but rather they would really be looking after for short term duration and this is why they do really decide to trade up actively.
Getting in with the current price isnt really that a bad idea.Hoard while you still can because we cant be sure if the bull run would really be happening so soon or not.
One things for sure that there's a bull run that would happen.Dont make yourself that too emotional or impulsive when it comes into your portfolio.
Dont tend to see it and check every day or very often so that you wont panic out.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
February 14, 2023, 05:18:52 PM
#71
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
February 14, 2023, 09:45:35 AM
#70
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


As investors we should never think that investing in bitcoin is too late, missed the bottom and so on, if we keep thinking that way then we will never start right away, and in my opinion the best thing is to buy immediately, if we focus on the short term then spot trading is the best option, after buying, we can sell at a price that we have determined profit.

right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 14, 2023, 09:25:37 AM
#69
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

The intuitiveness to the bottom is given to no one, for everyone is just been speculative about the whole process buying from where they met the price at the time while hoping it hits high as bullish as possible to which it could be considered a bottom for anyone that bought at 21k now and it then hit as high as 100k or above by 2024 or so.
Yes, many people are already speculating about what will happen to bitcoin. They feel that the price will match their predictions, but they must remember that the price of bitcoin can move in any direction, and even the price of bitcoin can go back down if many people think there will be negative news that will be released later.

Right now bitcoin price is already at $21k and trying to break through $22k, but we also don't know when it will pass $22k. And many people believe that the bitcoin price will reach $100k in 2024, but we still have to be patient to wait.
hero member
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February 14, 2023, 09:25:20 AM
#68
I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.
Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.
I agree and I am a bitcoin supporter and I believe that is exactly the situation we are in right now. I know not many people agree with me, but I believe that we shouldn't be shocked to see it go up a lot more. I know it looked a bit weaker recently after that increase, everyone expected it to be a lot higher and when it didn't moved that much higher many people were disappointed about it, but I think it is quite understandable why people didn't trust it that much and why they did not see it go up.

Not enough people believed in the bull run, and even though we are still 21k+ which is 5k+ more than the bottom, there are still many who do not trust the increase, and that's an issue.
hero member
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February 14, 2023, 07:10:08 AM
#67
I knew this few changes might be a bear trap there is every possibility we may still experience a little dip more, something around 18k or lesser although is based on assumption as i know very well none can fully predicts price movement of bitcoin or to know what would occur next as most at times the market are being driven by many news, it could be positive or negatives. But for investment purposes, you are still at the bear trends so is very much safer for you to invest getting ready for the next bull market.
sr. member
Activity: 1484
Merit: 254
February 14, 2023, 02:31:41 AM
#66
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


As investors we should never think that investing in bitcoin is too late, missed the bottom and so on, if we keep thinking that way then we will never start right away, and in my opinion the best thing is to buy immediately, if we focus on the short term then spot trading is the best option, after buying, we can sell at a price that we have determined profit.
sr. member
Activity: 728
Merit: 271
February 14, 2023, 12:14:54 AM
#65
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

The intuitiveness to the bottom is given to no one, for everyone is just been speculative about the whole process buying from where they met the price at the time while hoping it hits high as bullish as possible to which it could be considered a bottom for anyone that bought at 21k now and it then hit as high as 100k or above by 2024 or so.
sr. member
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Eloncoin.org - Mars, here we come!
February 13, 2023, 09:11:46 PM
#64
~
Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.
I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.
Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.
sr. member
Activity: 2506
Merit: 368
February 12, 2023, 10:02:51 AM
#63
~
Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.
I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 12, 2023, 08:21:00 AM
#62
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.
and yes I know that there are even bigger that will go along the way as we have a very bad 2022 and now that we are closing to 2024 and 2025? no wonder that we are starting the chase to Bull.
During this time the market has been dumping a lot. But I think the market will not stay in this position for a short period of time the market has declined a bit. But if you invest in this market you can definitely get good profit. Later the Bitcoin market will rise like a bull run again. So if you invest in this market you will get enough profit in future.
there is no way that the market stays in similar position for long time mate, it will happen in short time or semi long time.
hero member
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February 12, 2023, 08:15:42 AM
#61
Today completes a full reversal of the higher range we've seen and the BTC rally to the start of February.  The wider question after this completes is do we repeat this range again and return back to 24k or do we fail the support at the bottom of the range and extend into a further pullback presumably to somewhere like 20k or 21k possibly.
    Market has been quite bullish, Monday is in a few hours its possible we see a return to positive action at the beginning of the week and so we repeat range.  Most likely overall is an extension of a price check for all the 20k prices but might not happen now I guess.
Yeah, we are still in the middle right now, bulls wanting to get the price to $22k, but somewhat it has being pulled by the bears and remain at the higher $21k levels. It's going to be weekends so we might not see a lot of movement either. Hopefully I'm will be happy if we can the price for this month just above the $20k region. It's the biggest support that we can have right now and maintaining it means that the bulls could still have the upper hand and then we will see what March is going to offer. Maybe can go as high as $24k again.
We are already bullish at $24k before and it was $25k is the price that is being pulled by the bears. At this point, many are starting to doubt that the mini bull run that we feel will continue and slowly transition into a bigger bull run. Let see once, we resume the market on the weekdays.

For now, we can't expect a major movement since it's the weekend and the traders/investors/whales/etc, are still taking a break for a while. Here in crypto, you must accept if whatever happens with the price. That is the only way to survive and besides each side of the market can still be used to our advantage. The bulls might be delayed when the bear persists but on top of that is we have an extended buying period.
hero member
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February 11, 2023, 10:41:16 PM
#60
I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.

Although bitcoin has rallied more than 30% from the bottom but if you are a long term investor, it is advisable to buy now or as soon as you have money to invest without any consideration. Don't try to wait for bitcoin to drop further or wait for the bottom to buy, but compare the current price and ATH, and you can see that the price is still heavily discounted. Buying from now will never be a mistake if its a long term investment, I always DCA monthly. When have money, I will place a buy order, I don't compare prices between 20k$ and 22k$ they don't differ too much.
legendary
Activity: 3080
Merit: 1353
February 11, 2023, 09:20:15 PM
#59
I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

Yes, that should be our mindset when the market is down, buy more and continue to accumulate. DCA strategy is the best, but if there is a huge reversal, we might go big and buy a lot because that opportunity might not come along. But as for this correction, DCA and we will be good.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.

There are times wherein the buyers are outnumbers by the sellers and so the price will go on a retracement. So far though, the retracement is not that big, yes the price did go down a bit, but somehow the pattern has stop now and we might see the price in a sideway pattern.
hero member
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February 11, 2023, 09:13:12 PM
#58
I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.
legendary
Activity: 2576
Merit: 1655
February 11, 2023, 06:49:45 PM
#57
Today completes a full reversal of the higher range we've seen and the BTC rally to the start of February.  The wider question after this completes is do we repeat this range again and return back to 24k or do we fail the support at the bottom of the range and extend into a further pullback presumably to somewhere like 20k or 21k possibly.
    Market has been quite bullish, Monday is in a few hours its possible we see a return to positive action at the beginning of the week and so we repeat range.  Most likely overall is an extension of a price check for all the 20k prices but might not happen now I guess.

Yeah, we are still in the middle right now, bulls wanting to get the price to $22k, but somewhat it has being pulled by the bears and remain at the higher $21k levels. It's going to be weekends so we might not see a lot of movement either. Hopefully I'm will be happy if we can the price for this month just above the $20k region. It's the biggest support that we can have right now and maintaining it means that the bulls could still have the upper hand and then we will see what March is going to offer. Maybe can go as high as $24k again.
legendary
Activity: 2716
Merit: 1383
February 11, 2023, 04:36:01 PM
#56
We can't expect bitcoin to go up vertically without any correction, bitcoin has gone up from 16k to 24k, and it's also the right time for those who want to take profit, so the current bitcoin drop is easy to understand. I predict and expect bitcoin can drop to $20k, that would be a good time to buy back bitcoin and prepare for another bull run this month. The bitcoin drop should be seen as an opportunity rather than a panic, I get excited every time bitcoin drops in price because it's an opportunity for me to make a profit in the future.
And funnily enough that is what many traders expect, they want for the price of bitcoin to only go up and never go through a correction, an impossibility but that does not stop people from wishing exactly that, still I see the current correction as good news, if this is the limit of how low bitcoin can go from now on then I see this with good eyes, because as long as bitcoin remains above 20k the lesser the chances of people panicking, as 20k has a very strong meaning for inexpert traders.
legendary
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February 11, 2023, 01:07:37 PM
#55
I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.

Don't really care if it is, can't blame speculators for wanting to make money after putting up with months of indecision and sideways movement, no? Hardly think it's about sowing confusion (as if there isn't enough confusion already in any kind of market condition haha).

As said before often, DCA's my groove so I can't say I'm unhappy the longer we spend at the bottom.
hero member
Activity: 616
Merit: 749
February 11, 2023, 08:36:37 AM
#54
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Does it really matters if you buy at the bottom or not, Bitcoin might dip more or it won't and continue going up so you're more at disadvantage if you haven't bought then a advantage. Looking at the market now you'll see Bitcoin dropping in price but that doesn't means the narrative has changed. Investors are constantly buying up Bitcoin and you should be doing the same.

Ignore the drop in price as in future all this won't matter when Bitcoin is trading a new all time high. Full bull market run hasn't started so the price will keep moving in same direction of upwards and downward movement until the halving event takes place on 2024. During this period, we should buy instead of selling. The selling time will be after Bitcoin crosses $100k and above price.
legendary
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February 11, 2023, 08:05:33 AM
#53
It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.
The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.

I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.

We can't expect bitcoin to go up vertically without any correction, bitcoin has gone up from 16k to 24k, and it's also the right time for those who want to take profit, so the current bitcoin drop is easy to understand. I predict and expect bitcoin can drop to $20k, that would be a good time to buy back bitcoin and prepare for another bull run this month. The bitcoin drop should be seen as an opportunity rather than a panic, I get excited every time bitcoin drops in price because it's an opportunity for me to make a profit in the future.
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February 11, 2023, 07:33:49 AM
#52
It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.
The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.

I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.
hero member
Activity: 3052
Merit: 685
February 11, 2023, 07:18:54 AM
#51
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom


We have to bet on the current situation as no one would really know the future of bitcoin. If we believe that we are heading to a bull market, then you should be confident on investing now, whether your are into short term or long term profit. This is crypto, a crazy bull run could happen anytime, but like I said, we have to bet and we have to take that risk.

Quote
i am something less active so ,
Want some updates

Even us who are so active have no idea of the future.
hero member
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February 11, 2023, 06:46:54 AM
#50
During this time the market has been dumping a lot. But I think the market will not stay in this position for a short period of time the market has declined a bit. But if you invest in this market you can definitely get good profit. Later the Bitcoin market will rise like a bull run again. So if you invest in this market you will get enough profit in future.
Now you yourself have invested anywhere during market conditions like this? Because market conditions are always difficult to predict accurately, so is the problem with the benefits that can be obtained through investment. Because everyone will not know how much profit they can get through their investment, even though they are very sure of the profit in the investment they make at certain moments like now.
sr. member
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February 11, 2023, 03:47:15 AM
#49
During this time the market has been dumping a lot. But I think the market will not stay in this position for a short period of time the market has declined a bit. But if you invest in this market you can definitely get good profit. Later the Bitcoin market will rise like a bull run again. So if you invest in this market you will get enough profit in future.
hero member
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DGbet.fun - Crypto Sportsbook
February 09, 2023, 06:55:00 PM
#48
No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.
indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.
At this point the most important thing to do is to begin the implementation of our long term strategies when it comes to bitcoin, trying to outsmart other market competitors could work if you are an excellent trader but if we are honest about the level of our skills we may realize that we may be unable to do this, then it is better to take a long term approach to our bitcoin investments, and if we have yet to start then this is the right moment to do it since bitcoin still is trading for a reasonable price.
Better to have this way;

50% for holding
50% for active trading

This is what i do to make up still some interaction towards the market and not just making myself getting bored just because im holding still or going for long term.
Trying out to diversify as much as i could and we know that we do have altcoins as well which you could also utilize and buy up cheap and trying out to accumulate
their profits given back or converted back into bitcoin which is my way on holding more.
legendary
Activity: 2716
Merit: 1383
February 08, 2023, 03:42:48 PM
#47
No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.
indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.
At this point the most important thing to do is to begin the implementation of our long term strategies when it comes to bitcoin, trying to outsmart other market competitors could work if you are an excellent trader but if we are honest about the level of our skills we may realize that we may be unable to do this, then it is better to take a long term approach to our bitcoin investments, and if we have yet to start then this is the right moment to do it since bitcoin still is trading for a reasonable price.
sr. member
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February 06, 2023, 12:08:32 AM
#46
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.
indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.
sr. member
Activity: 714
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February 05, 2023, 10:26:37 PM
#45
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.
legendary
Activity: 2716
Merit: 1383
February 05, 2023, 05:20:17 PM
#44
Well I am not so sure we can call Bitcoin 'bullish' right now. We have seen price point of like $24,100 but then soon it dips back down below 24k again.

I would feel more comfortable with the market when we touch 25k. This has not happened though since August, but this was only for a brief time. I think more people will become 'bullish' when we break $25,000 but who knows if this will happen soon or no.

It appears we will have to wait for some time before bitcoin can touch 25000 once again, since at this time the price of bitcoin is going down and it is trading below 23000, I doubt this will last for long but it is undeniable 25000 appears to be where the resistance level is and it would be a very bullish signal if it could be surpassed and the price could remain above it for a long period of time, still for the long term holder this does not make too much of a difference and they are buying bitcoin as usual.
sr. member
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February 05, 2023, 05:12:56 PM
#43
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Actually talking about Bitcoin price movements is very difficult to predict. Bullish, bearish or whatever term is used. I think that's an argument without adequate analysis. Most of us only associate changes in Bitcoin prices between years.

However, there are also those among them who do a proper analysis. I think such people are active on many platforms, like tradingview and others. The results from there they share with the members of this forum. But unfortunately, the analysis was covered with many wrong analysis.

So in conclusion, if you have the chance, don't wait for it to hit rock bottom. Because the increase in the price of Bitcoin does not wait for us to buy first.
hero member
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February 05, 2023, 04:21:59 PM
#42
It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.
The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.
hero member
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February 05, 2023, 03:08:03 PM
#41
It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.
STT
legendary
Activity: 4102
Merit: 1454
February 05, 2023, 02:30:51 PM
#40
Today completes a full reversal of the higher range we've seen and the BTC rally to the start of February.  The wider question after this completes is do we repeat this range again and return back to 24k or do we fail the support at the bottom of the range and extend into a further pullback presumably to somewhere like 20k or 21k possibly.
    Market has been quite bullish, Monday is in a few hours its possible we see a return to positive action at the beginning of the week and so we repeat range.  Most likely overall is an extension of a price check for all the 20k prices but might not happen now I guess.
legendary
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February 05, 2023, 12:29:55 PM
#39
There's no strong reason behind the increase at the moment which makes it somehow doubtful whether to enter lready or wait for a better trend line. If nothing would support a rally, flipsides could still happen which might cause an instant loss. Bit if you're ready to endure sudden dump, then you are free to do so. Despite of lacking assurance and certainty, I am glad that the market is showing positive signs of recovery from being down for a couple of months late last year. This could just be a temporary spike with the market price but no one is certain. It could lso be a start for a bullish trend but for sure we need more to for such thing to be more convincing.
sr. member
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February 04, 2023, 11:28:38 PM
#38
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


   -    Well, I think it looks like the bottom price that you talked about has ended and you passed it in the last month of December, and I also think that we are entering the bull market but we are not yet inside the bull itself.

Let's just listen to what others are saying to save while the price of bitcoin is still low in the market because it's hard to regret in the end that when the halving is over, we'll just buy bitcoin, which is too late all.
legendary
Activity: 3122
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#1 VIP Crypto Casino
February 02, 2023, 11:48:23 PM
#37
Well I am not so sure we can call Bitcoin 'bullish' right now. We have seen price point of like $24,100 but then soon it dips back down below 24k again.

I would feel more comfortable with the market when we touch 25k. This has not happened though since August, but this was only for a brief time. I think more people will become 'bullish' when we break $25,000 but who knows if this will happen soon or no.
hero member
Activity: 1792
Merit: 728
February 02, 2023, 03:54:00 PM
#36
No one know where the bottom are, it just like buying some shitcoin and hope it become one bitcoin oneday and the be honest 23-24K is very early and this might be a short term rally and you are not late at all  Tongue the bitcoin ATH is 60K+ which mean there plenty of room left

and when I look at the chart bitoin seems exhausted but the fundamental news is supporting the price that is why bitcoin price is up till this date
Because indeed we cannot predict the future that will occur, it is only limited to speculation that continues to be carried out until now which makes this also a little more interesting considering the risks we choose now have an effect on the future.
Right now it's still not that high and still a good buy regardless of whether the current hike is temporary or a good start to bull season something like this only time can tell.
Before getting to that level, we have to stay prepared and try to add as much load as we can.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
February 02, 2023, 12:21:03 PM
#35
This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.

You are contradicting your own statement. You are not doing anything now yet you are doing DCA and your doing it as regular basis. This is a very confusing statement as an opinion for the current movement of crypto. You are definitely doing buy despite the current market situation which is a good move if ypu are reallu doing it and not just for posting quota purposes only.

Looking at the long term chart, We are still at the bottom of the current cycle so it means that the price can still go low or pump then dump to create an Elliot wave cycle for the current crypto cycle. I don’t believe on straight up or down in chart. There’s always a correction in every crypto movement.
My point of not doing anything right now is not thinking much about whether this is a really bullish start or temporary. It needs to be underlined, that I'm just waiting while continuing to do DCA. I mean waiting here is waiting for Bitcoin to actually go up and not be temporary and even reach its ATH again. Because I invest not only for the short term, but I invest for the long term.
hero member
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
February 02, 2023, 10:41:32 AM
#34
No one knows the bottom from the top, so whatever that it is comfortable for your you buy in, is ok.
This must be an exact scenario of every market because no one could predict the accurate reversal point of a market. The only thing we could do again market volatility is, keep buying at regular interval. That is the only thing, everyone must need to follow as of now and must continue regardless of bulls or bears dominate in coming days. Bitcoin is a fundamentally proven asset and keep doing DCA will help for anyone at every market condition in long term.

Bitcoin has been positive for more than 30 days and it may continue to remain positive for another 30 days and if you are a short term planner then you could trade with the strict stop-loss in this bull conditions because usually bull market is profitable for all traders.
hero member
Activity: 1204
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February 02, 2023, 08:48:28 AM
#33
This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.

You are contradicting your own statement. You are not doing anything now yet you are doing DCA and your doing it as regular basis. This is a very confusing statement as an opinion for the current movement of crypto. You are definitely doing buy despite the current market situation which is a good move if ypu are reallu doing it and not just for posting quota purposes only.

Looking at the long term chart, We are still at the bottom of the current cycle so it means that the price can still go low or pump then dump to create an Elliot wave cycle for the current crypto cycle. I don’t believe on straight up or down in chart. There’s always a correction in every crypto movement.
hero member
Activity: 1106
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February 02, 2023, 08:43:10 AM
#32
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

not only at the moment , it is bullish for almost a month now mate and if you are checking the market you'll not say this like that, and asking if you missed the bottom? for what? will it make difference if yes or no? if you don't wanna miss bigger then better to buy now and keep it holding , this is the problem with most of you as you only tries to look for chance to buy very low but this is not how crypto works mate, you need to trust and risk and willing to keep holding than just a random way of buy low sell high.
What we should know is that, any time you have the funds to buy bitcoin yoh don't need to check the DCA pruce since no one can predict the future price and that is why Bitcoin is referred to as a volatile investment and at that, anyone going into bitcoin should be certain to have patents to wait and take advantage of bitcoin price.
No one knows the bottom from the top, so whatever that it is comfortable for your you buy in, is ok.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
February 02, 2023, 06:41:00 AM
#31
This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.
legendary
Activity: 3234
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February 02, 2023, 05:56:56 AM
#30
~snip~
But if it OP bought at this price, just might be matter of months to see his investment double if we are going to continue with this bull run to $30k.

You see, this is the problem with most of those people who constantly read and listen to stories about how someone invested $10 or $100 and then became a millionaire, and today even 100% profit will not satisfy the majority of those who invest in Bitcoin. I would tell such people not to invest their money, but to keep it in banks that will surely give them very favorable interest rates on savings, or to save it under the mattress and watch it lose value year after year.

It's just a matter of risking or not - but as one famous character said "He Who Dares Wins" Wink
sr. member
Activity: 826
Merit: 460
February 02, 2023, 12:36:16 AM
#29
or I missed the bottom

If you were actually trying to time the bottom — why? Do you actually think you can pinpoint the exact moment bitcoin bottoms then reverses? You don't need to strive for perfection when making buys, because in the end no one knows crap.

that's right no one knows exactly where the bitcoin bottom is, everyone is also looking for it, even in the previous bearish phase also no one can really know the low point of bitcoin they just say what comes to their mind with an analytical style that ends in speculation or personal opinion.

Anyways today's bitcoin price hike was pretty good, and now it's up to $24k but back to a correction to $23.8 before continuing the rally I believe bitcoin could touch 200WMA this week if this kind of bullishness continues.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 02, 2023, 12:33:57 AM
#28
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

not only at the moment , it is bullish for almost a month now mate and if you are checking the market you'll not say this like that, and asking if you missed the bottom? for what? will it make difference if yes or no? if you don't wanna miss bigger then better to buy now and keep it holding , this is the problem with most of you as you only tries to look for chance to buy very low but this is not how crypto works mate, you need to trust and risk and willing to keep holding than just a random way of buy low sell high.
legendary
Activity: 3808
Merit: 1723
February 02, 2023, 12:20:55 AM
#27
Everything seems to be going up. Facebook had earnings out earlier and the stock is up 20% in the post market. Complete opposite of how it was -20% in the bad earnings they had. Bitcoin keeps inching higher and higher.

Will this stop? It might if something bad happens such as high unemployment numbers or some bad credit event like a big bank going bust. Which is still possible. Right now all the eyes are on the CPI and unemployment numbers which will tell us what the fed will do for FOMC next.
legendary
Activity: 2100
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HODL
February 02, 2023, 12:14:32 AM
#26
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


This could be a short-term rally, not a sign of a bull market, but I think we bottomed last year, and you will really miss the bottom if you don't buy bitcoin at 16k. But at the current price, it is still a very good price for a long term investment because looking at the ATH of $69k means we would still have a huge profit if we buy bitcoin from this price. No one knows if bitcoin will fall again or continue to rise, so don't wait for bitcoin to drop but buy now, or you will regret more if bitcoin crosses $30k and makes a new ATH.
hero member
Activity: 2870
Merit: 594
February 01, 2023, 08:52:39 PM
#25
Well you might have missed the bottom at $15,500. But in any case still a goo price to invest, projection for the next bull run is 6 digits, $100k-$200k so you can still make a good profit if you invest right now.

The problem with all those who were waiting for the "bottom" is that various "experts" predicted $10k-12k, and the current price does not quite match what they expected, so many now have doubts like the OP. I can understand someone's hesitation if they want to invest a lot of money and maybe buy 0.5 BTC or more, but most of those who waited for the right moment invest several tens or hundreds of $ and actually will not save any significant amount in such calculations.

Right, it's really hard to time the bottom specially for those who are listening to this so called 'experts'.

When we reach $17,500, they said it's the bottom already, and then FTX fiasco surfaces pushing the price to $15,500. But if it OP bought at this price, just might be matter of months to see his investment double if we are going to continue with this bull run to $30k.

Again, not too late to invest for me as I'm looking at 6 digits as the next ATH.
copper member
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Part of AOBT - English Translator to Indonesia
February 01, 2023, 08:18:16 PM
#24
No one know where the bottom are, it just like buying some shitcoin and hope it become one bitcoin oneday and the be honest 23-24K is very early and this might be a short term rally and you are not late at all  Tongue the bitcoin ATH is 60K+ which mean there plenty of room left

and when I look at the chart bitoin seems exhausted but the fundamental news is supporting the price that is why bitcoin price is up till this date
legendary
Activity: 2716
Merit: 1383
February 01, 2023, 04:42:14 PM
#23
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Even if you missed the bottom I do not think it really matters, the goal of an investor or a trader should be to obtain profits, even a trader which obtained a single dollar of profit for the whole year would be doing better than most traders out there, so instead of thinking about the bottom concentrate on whether or not is a good idea to buy bitcoin now, and at least to me it is quite obvious this is the case, so do not miss the opportunity to buy for a price below 30k.
hero member
Activity: 1554
Merit: 762
February 01, 2023, 04:38:18 PM
#22
Bitcoin is very bullish at the moment ,
what you guys think

The Fed raised the interest rate to 4.75% and signaled that it would continue to increase interest rates. FED decisions have had an impact on BTC in the last year. Bitcoin is currently on the rise BTC>23k. 
I think it is highly likely to be a mini bull rally as in 2019. I don't think you missed the bottom. If you are going to invest for a long time i can tell you to buy it regardless of the price. But you must make the final decision. 

Bitcoin surged 40% in January and had its best first month of the year since 2013. Finally, i can say that BTC 19k region will be the bottom and a mini rally will be made from here in February.

hero member
Activity: 2828
Merit: 611
February 01, 2023, 03:26:04 PM
#21
We may see further low price of below 16k as we hard last year, and the present bitcoin price may not be the least starting point as no one know the exact price of the pick or the low the price of Bitcoin will be, there are no accurate time stamp price predictions ever in bitcoin history so at that the highest we can do is to speculate the price using some indices such as.
*Present market outlook,  and the level of price recovery and what present of positive market price chat.
*the news surrounding the market that pushes for an increase in price such as the current Binance Brazil bitcoin ATM card news that has been trending lately.
Past is past as they say and I believe on that. Then many people are also bullish right now so the $16k that you assuming there might be hard to get. I do not know if what do you mean by "least starting point" is it the price point where the bull run will start?

But, I think it's too early yet for the bull run and like the others, I also expect that it will take place next year so, $23k isn't the starting point for it but it will still grow more which is great so that we can attain a bigger and more stable bull run. Most of us are only speculating here but there's a chance that we can make our prediction close to our target if we will use those factors that you listed there.
hero member
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Top Crypto Casino
February 01, 2023, 12:40:19 PM
#20
We may see further low price of below 16k as we hard last year, and the present bitcoin price may not be the least starting point as no one know the exact price of the pick or the low the price of Bitcoin will be, there are no accurate time stamp price predictions ever in bitcoin history so at that the highest we can do is to speculate the price using some indices such as.
*Present market outlook,  and the level of price recovery and what present of positive market price chat.
*the news surrounding the market that pushes for an increase in price such as the current Binance Brazil bitcoin ATM card news that has been trending lately.
hero member
Activity: 2842
Merit: 772
February 01, 2023, 12:31:22 PM
#19
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


Bitcoins are in the range of 23k usd for more than a week now. So yes it will be really hard to claim that if it is the beginning of the bull market. I am not saying that this is a short term rally, but yes this is some sort of relief for the Bitcoin holders. Regarding the bottom, yes OP you have missed it. Bitcoins won’t fall below 16k usd at least for now. Many people like you already missed the best price to buy Bitcoins. So don’t think more and buy BTC at current price. If BTC continues this pace, then definitely after 1 month you will see good profit.

It's been hovering around that price range for about a week now and it seems we can't get over to the next phase at $24k and beyond. So hard to say if we are still in the bullish momentum or there are more sellers to take short profits because of this recent run.

But it's hard to wait specially if we are waiting for it to go down and even think of another lowest low for this year.

So as not to missed, the best way for the OP is to buy whether this is the beginning or bull market or just short term rally, you can never go wrong with continuing to accumulate.
legendary
Activity: 3472
Merit: 10611
February 01, 2023, 12:18:51 PM
#18
So far what we had was mostly a "reverse-correction" to pop a "reverse-bubble" (bitcoin was undervalued). This can be the first step of the new cycle where we see a long lasting bull run. Considering last year was filled with crashes and the previous cycle was left incomplete we already have an accumulated demand waiting to enter the market too.

But the price is still going to be affected by the ongoing recessions in many countries and that may make the bull run slightly harder. I say slightly because already most of the weak hands and the "penniless investors" have sold and left the market.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
February 01, 2023, 11:35:10 AM
#17
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates


Bitcoins are in the range of 23k usd for more than a week now. So yes it will be really hard to claim that if it is the beginning of the bull market. I am not saying that this is a short term rally, but yes this is some sort of relief for the Bitcoin holders. Regarding the bottom, yes OP you have missed it. Bitcoins won’t fall below 16k usd at least for now. Many people like you already missed the best price to buy Bitcoins. So don’t think more and buy BTC at current price. If BTC continues this pace, then definitely after 1 month you will see good profit.
hero member
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🐺Spinarium.com🐺 - iGaming casino
February 01, 2023, 09:57:48 AM
#16
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Maybe you are a few steps too late because bitcoin is currently at the $23k level. After all, the lowest bitcoin price has been passed and is $15k. But you don't need to be sad because bitcoin will still experience a correction so you can buy it. At this time, you can decide just to invest and not trade if you don't have enough skills to analyze bitcoin movements because that can get you in trouble. It's better to set aside a certain amount of money every week or month to invest so that if a bull run rally occurs, you can join other people and profit later.
hero member
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Merit: 844
February 01, 2023, 08:56:23 AM
#15
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

You entered this forum on December 30, 2022, which means it was the end of last year where Bitcoin is currently still at a low price, although not the lowest, but still in the low category because it is still around $16K. If you had seen the price of Bitcoin on the market at that time, of course you would know that and also be able to conclude at the current price where Bitcoin is already in the $23K range. But it's still not too late for you if you have the desire to buy it from now because Bitcoin has just had a very small price correction.
hero member
Activity: 1540
Merit: 772
February 01, 2023, 08:53:11 AM
#14
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates
We still can't say this is the beginning of the bearish, at least the Bitcoin chart has started to bring a positive direction. Closing January at $23,139 is a new achievement since so long the price chart has played below the price of $20K or above $16K.
I was happy with the price at the beginning of the month and now the atmosphere is still going well with new support prices this year.

This situation is not yet decided where it will go, there could be another correction.
If you've ever made a purchase at the selling price of 1 BTC for $17K and chose to hold for the long term, that would be a good strategy.
hero member
Activity: 1792
Merit: 728
February 01, 2023, 08:06:36 AM
#13
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Well you might have missed the bottom at $15,500. But in any case still a goo price to invest, projection for the next bull run is 6 digits, $100k-$200k so you can still make a good profit if you invest right now.

But I will say that we are still in the bear market. Probably is just just some recovery that we are seeing and maybe the next stop for the price is $25 k. And then maybe we will see if there is a correction (most likely), to around $20k again before moving to the next price level of $30k-$50k at the end of the year.
Hopefully this will be the start of bitcoin's awakening from a grueling bear season.  Grin
Yes, maybe we won't see numbers below 20k again and maybe we will see them again. All that aside, I'm happy to see bitcoin's current price movement and it's making a lot of people who bought at the lowest price smile quicker than they should.  Grin
We can't say for sure if this is the start or if the price will reverse, but there's no problem with that as long as we plan to invest in bitcoin for the long term.
legendary
Activity: 3234
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February 01, 2023, 06:35:17 AM
#12
Well you might have missed the bottom at $15,500. But in any case still a goo price to invest, projection for the next bull run is 6 digits, $100k-$200k so you can still make a good profit if you invest right now.

The problem with all those who were waiting for the "bottom" is that various "experts" predicted $10k-12k, and the current price does not quite match what they expected, so many now have doubts like the OP. I can understand someone's hesitation if they want to invest a lot of money and maybe buy 0.5 BTC or more, but most of those who waited for the right moment invest several tens or hundreds of $ and actually will not save any significant amount in such calculations.

But I will say that we are still in the bear market. Probably is just just some recovery that we are seeing and maybe the next stop for the price is $25 k. And then maybe we will see if there is a correction (most likely), to around $20k again before moving to the next price level of $30k-$50k at the end of the year.

That's my opinion too, but it's hard to explain to people that something big isn't happening if they know that recently the price was $16k and today it's $23k. If we're talking six-figure speculation after the halving in 2024, it really doesn't matter if someone missed the $15k bottom or if they're buying today, tomorrow, or a month from now.
hero member
Activity: 2870
Merit: 594
February 01, 2023, 03:27:49 AM
#11
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Well you might have missed the bottom at $15,500. But in any case still a goo price to invest, projection for the next bull run is 6 digits, $100k-$200k so you can still make a good profit if you invest right now.

But I will say that we are still in the bear market. Probably is just just some recovery that we are seeing and maybe the next stop for the price is $25 k. And then maybe we will see if there is a correction (most likely), to around $20k again before moving to the next price level of $30k-$50k at the end of the year.
full member
Activity: 2576
Merit: 205
February 01, 2023, 02:49:24 AM
#10
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Next time instead of asking directly since you admitted not being active so better to check each section specially here in speculation and even in main boards for more updates and understanding.
we have multiple threads in regards to this rally and I think it is not good to ask it again and again.
some may stand this is bull trap while others believes that this is a bull run but for me? whatever this is? still we must know where to stand and what to do , preparing our mind and heart will not hurt as though .
hero member
Activity: 2240
Merit: 848
February 01, 2023, 02:38:50 AM
#9
If you weren't buying in after the FTX crash, then yeah you've almost certainly missed the absolute bottom. But in general the whole <$25k range is the bottom of the bear market. Bitcoin still has some work to do and very possibly a fair bit of time before it breaks out of the bottom. But yeah the post FTX <$17.5k bottom is almost certainly gone for good.

But if you're buying now you're still buying the bottom. Nothing wrong with missing $15k/16k/17k and buying at low $20k's. In 2025 price will probably hit $150k-$200k so you don't miss anything buy buying in under $25k.
legendary
Activity: 2464
Merit: 1387
February 01, 2023, 02:26:53 AM
#8
and even of you did miss the bottom by what? $4000 - now its like 20%, when Bitcoin is
$100,000 its only 4%.

So what do you do?
Buy now, think of the medium to long term and be stress free,
OR
Wait until Bitcoin pulls back by $2000 to try and catch another bottom and run
the risk of the price going in the other direction and then you still have to buy at
a higher price.

Best not to get too stressed, Buy, DCA and be calm!
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
February 01, 2023, 12:32:49 AM
#7
Bitcoin is very bullish at the moment ,

LMAO.

No, it's not very bullish just at the start of the recovery <...>

I agree. Comments like the OP's are short-sighted. He is thinking about whether it is going to go up or down in a short period of time in order to buy or sell accordingly, which only a small percentage of traders are capable of doing profitably over the long term, and the OP doesn't look like one.

It is necessary to think more in the long term, with a view to at least 4 years from now, and if it is 8 years from now, even better. You ensure profitability and avoid headaches.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
January 31, 2023, 11:32:32 PM
#6
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
No, it's not very bullish just at the start of the recovery since from a few weeks ago bitcoin has been trending positively, regarding short term or long term rally we can't guess more precisely but I think it will stay in a better situation and will continue continue the positive trend.
Bitcoin hasn't been corrected yet so for me this scenario could be a break to $25k in the future this month.

or I missed the bottom
i am something less active so ,
Want some updates
You don't miss the bottom you can do it now without watching the market all the time but you have to buy bitcoin long term so I say it's still right to buy from now but if only for the short term then you have to determine the direction in the current recovery.
So what update do you expect? I guess it's obvious that it's a recovery.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
January 31, 2023, 03:39:41 PM
#5
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

After observing the chart, I think bitcoin has changed to increase further. The previous dump was surely FUD sell. However, more data is needed in order to make a more precise prediction. Bitcoin is currently at the resistance zone so its price will be volatile a lot.

Anyone who bought bitcoin low on tomorrow might be cheering right now. The recovery strength from the crash was outstanding. I thought we were in bearish season...
STT
legendary
Activity: 4102
Merit: 1454
January 31, 2023, 02:51:04 PM
#4
Trying to time the precise bottom price is a false perspective, you will make less money trying for perfection.  Better to regularly be involved in a positive price progression and also trade some of that, hopefully in time to avoid some of the negatives.  Overall most people wont have perfect aim, its arrogant to think so.

Higher price creates greater possible selling so the momentum of the trend must be maintained.   The question is not if we pullback but the quality of how we do so on every opportunity I think.   So right now BTC has some selling, its wavered some and then today recovered a bit also.

Here 1hr bars, the yellow line matters more its a slower weekly average and blue is faster movement.   I think we're in the orbit of FED news, that event having gravity to keep us here until market has resolution for its direction.   We can go higher of course but overall I think we explore all 20k prices.
mk4
legendary
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📟 t3rminal.xyz
January 31, 2023, 11:49:12 AM
#3
or I missed the bottom

If you were actually trying to time the bottom — why? Do you actually think you can pinpoint the exact moment bitcoin bottoms then reverses? You don't need to strive for perfection when making buys, because in the end no one knows crap.
donator
Activity: 4760
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January 31, 2023, 11:41:54 AM
#2
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

If this is the beginning of a multi-year rally, you may have missed the bottom but zooming out when it hits $200K you won’t be able to tell the difference between $16K and $23K on a chart. They will both look like the bottom. I wouldn’t want to be sitting on the sidelines if that’s the case. Sure, it might fall in the short term, but that’s why you have to weigh the risks and reward. I think I’d rather take the ride than watch where it goes.
full member
Activity: 448
Merit: 225
January 31, 2023, 10:09:50 AM
#1
Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates
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