Topic: When to know Bitcoin has reset? (Read 287 times)
If the reset here you mean is a decreased the price of Bitcoin, I suggest you check whether the candle is overbought or not yet, if so, then this could be an indication of a decline in price, at least that's a feel for your next step. There are several other indicators that indicate the price will go down, but I think it's useless because the price can move irregularly, so you can actually say it's just speculation except you have much experienced at this matter.
Not asking when it resets only God knows but when a reset has happened?
True, even an analytical expert will not dare to answer for sure when bitcoin resets.
One can usually only do analysis with chart data based on the coin's trades from the previous history and determine where to go next.
However, when the price is correcting no one can be sure it will happen even when the market is in a positive trend.
just to straighten out, it seems we are foreign to the word bitcoin reset,
but if you refer to that word for a low price to enter to make a profit when it is high we call it a correction price.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
So far we don't call it a bitcoin reset. but the price is experiencing a correction.
I think the word "bitcoin reset" confuses a lot of people. however, what you posted shows that it is bitcoin correction time.
That's right, it can be said that only God knows when it will happen, even analytical experts will not be able to answer it for sure.
In addition, in cryptocurrency there are many surprises, when we think it will go up, bad news is immediately reported in the media. vice versa, when the market looks to be going down and is getting ready to keep assets to stable coins the good news just comes.
But calm down, as long as you believe in the growth of the cryptocurrency what you invest here will produce a profit as well. we just need patience and good analysis.
to me what it means to be reset is when a correction occurs. and if we draw the Fibonacci line, then the best area to buy is between 50-61%, that is if we analyze it technically. and the prediction is not always correct, so we must dare to take risks and invest wisely, because we often hear the word panic sell in the crypto world, mostly from novice investors.
The real definition of reset is to go back to the start but that is unlikely in BTC. BTC cant just drop to zero and rise again to this point because not all people are going to sell but if let's say BTC drop to zero, I think that can cause a massive panic because BTC will be in the headlines of the news. Is the 50 to 61% refers to the drop?But, that's a lot and that can take long to happen but those that looking for bargain can always wait for that. If there are people that are patient enough to hodl long, there must be people that can patiently wait for the best moment to buy.
@OP, when your trading, you don't really need to wait for the reset but you can still buy whenever there's any dip in the price.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
We never know as it never exists, we only have corrections which we think is a good buying time for those who want to invest in Bitcoin. Having more time to monitor the market trend will eventually give you some help when to enter the market but just I've said, waiting for the moment it drops will likely be the best time to do it. And you can never think that this will take so long, that is why you should have not miss this chance either. 
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
Even I myself just heard the word "bitcoin reset" from you.
but judging by what you mean maybe "when did the bitcoin price become the lowest price?" what that person said is true.
Only God knows. predicting bitcoin to a low point is completely impossible but at least we know when bitcoin correction or bitcoin will fly technically.
If your term of resetting means when it touchdown then no one or trader can be really so sure of when bitcoin reset. Just do your personal research before going in.
We've seen in January a reset to $33k, and then February at $35, (when Putin declare war), and now we have seen a massive growth, getting as high as $43.
So we really don't know what will be the next reset price, but obviously, the price we should be looking at is within the $30k level because that's the lowest low that we've gotten to for this year. We may have to wait and see if we are going to see lower than that, hopefully though, no $20k or below price.
So we really don't know what will be the next reset price, but obviously, the price we should be looking at is within the $30k level because that's the lowest low that we've gotten to for this year. We may have to wait and see if we are going to see lower than that, hopefully though, no $20k or below price.
to me what it means to be reset is when a correction occurs. and if we draw the Fibonacci line, then the best area to buy is between 50-61%, that is if we analyze it technically. and the prediction is not always correct, so we must dare to take risks and invest wisely, because we often hear the word panic sell in the crypto world, mostly from novice investors.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
I think what is meant by "reset bitcoin" is a correction or a bear market occurs.
Actually I just heard about bitcoin reset. however, i see what they say reset it is bitcoin is correction, and that's when we can best invest because when correction we will get discount from the actual bitcoin price.
The correction is indeed eagerly awaited by most investors so that they can enter with their large funds that is where we will get high profits when the market recovers.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
What do you mean by reset? You mean after a correction? Correction might happen after sudden price drop or sudden price rise. No one knows when that is going to happen. The market is unpredictable. Stop looking for "signs", "perfect moment", "rest" or other craps. As long as you can afford to invest and lose your investment, put all your money in bitcoin, hold, sit back, relax and watch your profits grow in the long term. 
It's already happened. The fact the last dump on bitcoin has been showing us the lowest level that can be achieved by bitcoin and yeah we have been starting to go up again. There will be no reset again if bitcoin has been showing the bullish patter. The last reset has become the main time to buy or accumulate more and more tokens from the market. im sure that you know this so well if you have been in the crypto market since a last year. Bitcoin has not yet recovered again but once it will be going it and then it will become the main point. Look at this time bitcoin is increasing a lot despite the war that happened.
Im sure that we will be going to moon soon.
Im sure that we will be going to moon soon.
Whenever there is good growth, further there'll be price correction. This is how the market have moved over the years. As OP said when this correction happens can be known only by the God.
Most of the time when the price reaches ath, traders will be observing close about the market resistance. Slowly if the market isn't able to breach barriers there'll be downward movement. This mostly serves to be a correction. Sometimes this lasts long and sometimes ends with small fluctuation. So, it is upto our learning to predict the market correction.
Most of the time when the price reaches ath, traders will be observing close about the market resistance. Slowly if the market isn't able to breach barriers there'll be downward movement. This mostly serves to be a correction. Sometimes this lasts long and sometimes ends with small fluctuation. So, it is upto our learning to predict the market correction.
Reset means something return to its primary position! I guess, you are probably asking about correction, as you already said, it’s only god knows. After heavily pump of a coin, whale sells their share for profit and then market get down even some big influencer could do that by spreading fud and thats called correction period. but its hard to know cause after btc cross double of its price of 40k$ from 20k$, it suppose to be correction but correction start after 62k$ around. If you study about fundamental and technical analysis of a coin, You'll understand.
Unfortunately, we have no idea what the OP meant by reset here because he has not visited the forum after posting this thread. But more than likely, he is indeed referring to correction because we are not using the term reset here. Maybe, he read it outside the forum and some noncrypto users will use the term not popular among crypto users. And regarding correction, nobody knows when will this happen. Even long timers here or legendary can't give you such defined answer about this.
I don't think there's a word reset that is used in bitcoim or even in blockchain. As what you are trying to ask is I think it's about the bitcoin's price back to it's price (current year) after increasing or decreasing of bitcoin's price but to tell you honestly, there is no exact price of bitcoin but a current price only. As you have known, cryptocurrency is not stable if you are asking about its value. If you have done some research like current price is at $50k and it decrease then you can say that bitcoin had reset and it's time to invest if your analysis shows that it will increase soon.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
If what you meant about the bearish trend and this time is coming right now. You can just invest your money during the bearish market. Bitcoin is resetting again but this word looks so weird for me. lol. Bitcoin is showing a big dump due to the uncertainty in the global market caused by various problems that happened right now started with the news from US and problem between russia and ukraine.
The god knows what you have been saying above and he gives you another chance to face bitcoin reset again. Im also glad to see that happens and i can buy at the bottom again.
I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
In order to receive good advice you need to use terminology that we can understand, I have never heard anyone ever say something like that, maybe what you mean is that it is necessary to invest in in bitcoin when it has reached the bottom? However if that is the case then I am sorry to tell you but there is no sure way to know where the bottom really is, this is something that can only be known after the fact, which means that at some point you need to take the risk and buy it when the price is low, knowing that the price could still go down even further after you buy. I'm learning how to trade crypto and I hear a lot say that it's best to invest in Coins when Bitcoin resets. So what are the signs that Bitcoin is resetting? Not asking when it resets only God knows but when a reset has happened?
I think you’re talking about corrections? Well if you look at its price, the moment it dumps that could be the start of the corrections or a reset on its price before it rise again. Bitcoin has been on the up and down trend since then, but if you look at a larger picture, in the past years Bitcoin is doing great and we are really aiming and heading to the top. 
From a technical standpoint, it could be tied to a serious security hole that compromises bitcoin's integrity, causing users to lose faith in bitcoin as a secure alternative payment mechanism. Or perhaps it has something to do with more improved science/mathematics, rendering cryptography skewed which I think is very unlikely because many of bitcoin developer are constantly improving it.
It could also be a huge global war that has a detrimental impact on the economy and so much more. The point is that it's still a multibillion-dollar question that none of us can answer, especially now that bitcoin and cryptocurrency in general are so vast that they have significant applications in today's world. Not only that, many institutions have adopted bitcoin to the point where they are now purchasing it in large quantities.
Considering that we are in a blockchain world and we could always trust the blockchain that we are using or another blockchain to continue, the person who hacks into blockchain due to some flaw could continue down with that blockchain that everyone will ignore and we would move to another one.It could also be a huge global war that has a detrimental impact on the economy and so much more. The point is that it's still a multibillion-dollar question that none of us can answer, especially now that bitcoin and cryptocurrency in general are so vast that they have significant applications in today's world. Not only that, many institutions have adopted bitcoin to the point where they are now purchasing it in large quantities.
You think it is impossible? Look at simply just bitcoin, we have legacy, we have segwit, we have bech32 type thing now, we have lightning network and these are all in bitcoin. Do not even get me started on altcoins, they have so much more. Obviously there will be small caps that get some hackers attention and eventually will not even be defender, but that is for small cap alts, not for bitcoin.
Please correct me if i have misunderstood you post, are you trying to say how to know when the Bitcoin goes through correction phase and ready for rise or the moment just before it starts pumping up after a dump or bear market? If that's what you are trying to know then no one in this forum can predict it accurately but whenever there is a dump and bitcoin starts recovering then you can consider that as the entry zone but need to learn about bull trap because sometimes you will find momentum but it will be short lived and your money will be struck.
If you meant something else with the term reset then please let elaborate
If you meant something else with the term reset then please let elaborate
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