Bitcoin Forum

The negative sentiment surrounding the crypto market seems to be continuing, especially with China still spreading FUD around the market. However, it seems that at the moment, there are some signs that could be the reason that a potential recovery may occur in the near future.
Although currently the majority of investors still have negative perceptions, there is some data that can prove that Bitcoin is beginning to recover. It should be noted that no one knows the end of this correction, but some of this data can aid to see the end of the correction.

1. Fear & Greed Index
The Fear & Greed Index data shows data that hasn’t been seen since April 2020, when the crypto market underwent a deep correction.https://twitter.com/MatiGreenspan/status/1396403303114813441  (https://twitter.com/MatiGreenspan/status/1396403303114813441)

At that time, there was a deep correction of Bitcoin (more than 50%) due to the announcement of the Covid-19 pandemic. At that time, the majority of market participants referred to the correction by Bitcoin and the crypto market as “Black Thursday” or “Dark Thursday.” However, it was an excellent time to make a purchase.
The same phenomena is happening, wherein the market corrected more than 50% — a sign of high recovery if the same thing is actually happening.

2. Stock to Flow Model
Apart from the Fear & Greed Index data, the Stock to Flow (S2F) Model, which generally predicts the movement of Bitcoin, also shows the same thing. The Stock to Flow predicts that the lower limit of the correction is $30,000
https://twitter.com/100trillionUSD/status/1396021832130744320 (https://twitter.com/100trillionUSD/status/1396021832130744320)

3. The Number of Stablecoins on the Exchange Increases
The number of stablecoins that are on the majority of the world’s exchanges is currently at its highest which is a sign that there are large parties waiting to buy. However, there is another possibility that this figure is a flow of funds from new investors who have recently entered the crypto ecosystem.

All these signs move together to prove that there is a potential for Bitcoin to recover in near future. It seems that now is the right time for Bitcoin to start recovering.

Source: https://medium.com/snapbots-news/snapbots-news-review-good-sign-for-the-crypto-market-bitcoin-starting-to-recover-a5a143c94482 (https://medium.com/snapbots-news/snapbots-news-review-good-sign-for-the-crypto-market-bitcoin-starting-to-recover-a5a143c94482)

I hope that you are right OP, although I do like that it is recovering really early, I am a bit frustrated that it won't go down much deeper because I want to increase the bitcoin that I have so I can get more profit.

Back to 2017, when that time for bullish season, any negative statement of FUD only temporary impacted on the market. And the current FUD, I believe will be the samething. The market will back for bullish season, we should more patient waiting for that. Many new investors will see the current price as a cheap price and they think a good time to buy it. I was make analysis based on history price and technical  I predict the price back to the top again in 3-4 month.

Yes it even tried to reach $40k, but I am calling it as the resistance level. The whales have allocated 125k+ BTC when it dipped to $32k, and I can say it is gonna be the strong support level. It may take a while for us to see BTC going forward as we are still in the consolidation phase where it is currently trading sideways between $33k to $40k. I think maybe next month would be a great start for us to see another potential healthy bull run for Bitcoin and other cryptocurrencies.

bitcoin is starting to recover ,, this is all a billionaire game ,, whales used to collect lots of points when bitcoin crashed, now they must be laughing when bitcoin recovers, and now they have to wait for bitcoin to return to normal ,, and they sell all their bitcoins and resell it ,, sure they will definitely make a big profit ..

Too early though to say that we are recovering, the price is still fluctuating from $36k-$38k. If we are on the way to recovery, a good support though should be at $40k. So it might be a slow and grind to reach $40k again unless whales started to bought bitcoin right now or there is some positive news that will push the price to that range. So just sit and relax and let's see in June that we have someone on the bullish cycle again, (I hope so).

The strong price drop has occurred for several days in a row and the market must surely have a rebound when the selling pressure subsides. I expect Bitcoin to not continue to drop in price as it is down almost 50% since ATH.
I think Bitcoin will move slower than it did in the past and break through the resistances to move towards new ATHs.
$100k is an achievable price point by the end of this year that we can expect according to traders' predictions.

Bitcoin is strong cryptocurrency. Hope it will back to $50k very soon. If BTC can recover, Market again will be green. It’s clear almost all coin/token follow btc market.

stock to flow DOES NOT PREDICT ANYTHING

one part of s2f is to merge in an average price.. and then compare that to the price
guess what there will always show a pattern because its price vs price comparison
the result is not predictive. its responsive

take out the 'average price' element' and whats left is nothing like what you feel is a prediction

the only reason there is a pattern of S2f vs price. is purely because s2f has a price element in it to cause the pattern

in short s2f is not a predictor and instead is a useless graph that makes idiots think they found some smart metric
they have not. they are being fooled

Well I do hope that it is really going to recover and be back to at least $40K+ again soon.
But I am already grateful that it didn't get to stay or be at $20K+ from the recent crash,
And it is already near $40K now so hopefully soon we would see it again touch $50K and stay there again for long.
But I am still curious what would happen if we enter another bear market again if we would consider the recent market drop as one?
I wonder how much would the crypto market would drop and how long would it stay at the bear season.

Bitcoin is different from other cryptocurrencies in terms of recovery, I guess soon bitcoin price will increase to $60k for bitcoin users to smile again because many are not smiling the way market is changing negatively. Anyhow somehow Market will soon change positively for bitcoin users to make a good profit from their Investment.

Well, in any case, bitcoin won back all the losses of the last days. The question is, how quickly will we get back to the last peak at the level of 60 thousand dollars and above? Whether it will be a fast takeoff or a gradual growth. The news background is still positive, as it seems to me, many large investors bought much higher than the current price level, so I can't believe that they will drop the market deeper at a loss. In addition, after such a deep correction, only serious investors remained, and they already understand how to behave in such a period. Personally, I am calm, I bought a little at the level of 32 thousand, I will wait.

Since it has be enshrined according to op, that data analysis of Bitcoin states that; Bitcoin can be recover within a short time, i think now is the best time to purchase any cryptocurrency  of your choice and store for future investment, and their is nothing like correction since the data base is giving direction or description of recovery, i think everyone will hope for it's recovery. Actually Bitcoin is unpredictable but some people have deserve people by giving the wrong directive via crypto.

Don't depend on this. It only shows the general trend in which bitcoin is at the moment.
During this recent bull run it was showing extreme greed a couple times and the price went up regardless, so the fact that it's showing extreme fear doesn't mean that it can't go lower.

A small recovery is what traders call a relief rally and it doesn't mean a trend reversal. We haven't even hit the price we were at before the big drop which is 42000.

This is a good point. On the other hand, who is left as sellers on the market? Long positions were liquidated, panic selling wiped out most of the people who were in a loss. The only credible source of sales pressure would be Chinese miners due to the new regulations. But they are still accumulating more than they are selling.

FUD has only a short-term impact on the market; whales are simply taking advantage of the massive fud to profit and buy again in the dip while the rest of the market is stuck at the peak, still hodling. This has already happened in crypto in the past years, so I'm not sure why some people are overreacting to the bearish market. For me, this is just a sale because it will result in more profit and financial freedom soon. Some people will not stay in crypto because they have already been lost and liquidated, but there will be many more to come and the recovery will begin quickly, as we know that many well-known people are hyping cryptocurrency right now.

1. Yeah, the fear and greed index is a perfect indication of what might happen to the market soon. As the the price starts to increase, greed increases. More people may want to take profit. People starts to fear more and thus ends up dumping their coins. When price drop, fear drops and more people wants to invest to take full advantage of making profit.

2. First time I am hearing about this. How does this work? How did they predict the lowest is going to be $30,000?

3. How does this exactly indicates that the price is going to recover? Through exchange pairs?

Like China, which made and spread FUD very quickly so that several other parties participated in spreading FUD so that the price of bitcoin would crash even more.
Bearish markets like this are usually matched with technical analysis, which suggests that prices have to go down. The price of bitcoin is still on hold due to some FUD, but after the FUD has subsided and some good news appears, the price of bitcoin will go back up, that's for sure.
follow the whales game then we will be safe, don't fight the direction.

https://pbs.twimg.com/media/E2I0QuxUcAIlXXD?format=jpg&name=large

Additional to this is the inflow on Bitcoins to exchanges, it's kinda it's at the peak now (see previous dates).
Once the Bitcoin inflow on exchanges, this could be a good sign for bullishness on Bitcoin.
Bitcoin outflow on exchange = high and Bitcoin inflows on exchanges = low, very good sign we can recover more.

It is our expectation that Bitcoin will recover. Due to the recent decline caused by certain statements and bans, in the end Bitcoin will continue to break through its all-time high and we are looking forward to it.

closing to 40k again now it looks like there is a recovery coming sooner , recovery means for me is at least 50,000$ is the recovery line to accept at it is recovered .

and because the bull is still not finish mate, there was an attempt to bring the market down again but they are failed.

Now the market is coming to greenish and the bloodbath seems to be over now.

We are still in a bull market with dips, corrections and surges involved.

In the image below there is a comparison made between 2013 and 2021.
In 2013 there was a substantial correction similar to what we had over the
last few weeks, but we are recovering.

Roaul Pal has this on his Twitter feed from a few days ago

https://twitter.com/RaoulGMI/status/1396526484152541189?s=19

https://lh3.googleusercontent.com/-yRxaud448VY/YK4ywgQZ2ZI/AAAAAAAAAsY/hRw-LGe6OLA4T9J4d8txez2Oetmdv2bzwCNcBGAsYHQ/s1600/1622028991272405-0.png

Well, our expectation is proven because the charts of the bitcoin market for the decade already proved that the prices can only go up despite experiencing devastating crashes. The only thing that we can do besides looking forward to bitcoin going up is accumulate more so we can profit a lot of money out of it.

It is literally the market that will recover. People we definitely have to think about recovery after the dump and then these people also predicting that the market will dump when it's in the pump. This prediction has nothing new and in no time frame, the market will recover (gentle). 
Do we think that the market is in the recovery stage now? Well, it was obvious that we are moving back high slowly but we can't feel that confidence that this will be the sign in preparation for the next new ATH. Too early, though.

I expected Bitcoin to go much lower before recovering, this seems a bit early considering how low it went every pump in the past. I don't think this is going to be full recovery even though it is going trough an increase for the past few days, it will probably go lower since it is too early for another pump. Buying at the current price would be a risk, at least in the shorter run, but maybe it would pay off.

We all want to see bitcoin starting to recover, but I am not sure if bitcoin is now recovering because the price is still at $40k-$42k, making the price could get down this week. But hopefully, that will not happen, especially if many supports come to bitcoin and help bitcoin lift the price. But for now, I do not have an expectation of seeing bitcoin will increase more than $45k this month because it seems difficult to lift more than that price. Perhaps, that can happen in the next months, but let see it later.

I hope people can prepare for the next thing because that is a big mystery to us, and only with the preparation we can think about what we must do later.

I would be honest here and I think it is still very early for us to speculate that things are going ok again for Bitcoin. We are still seeing fluctuations in the $36k to $38k region. We surely would be able to see it once it is recovering, I would bet that once it went back to $42k levels then it is a sign that Bitcoin is going back to the top. We just have to continue what we are doing as normal, no panics whatsoever, buy now while it is low. Then we can surely be able to see the prices go up again in a few months.

How much lower you want Bitcoin to go? It dived to $31,000 from an ATH of $62,000, which represents a dip of 50% in less than a month. Actually it was more than what I was expecting from BTC. And even in 2018 (when we had the most extreme correction), the prices never dipped by so much in such a short duration. And also, since institutional investors were making large scale investments with cryptocurrency, I was of the opinion that the volatility should reduce. But all those calculations and assumptions were proven wrong.

I think it's just a brief positive movement that will be followed by another drop, and then this wave-like downward trend will continue until BTC finds a relative point of stability. The bullish market stayed for a while this time, but a huge correction was bound to happen because something cannot suddenly become much more valuable to people and stay that way without a stimulus like the one Tesla initially provided. I do believe that Bitcoin will recover at some point, but I don't think it'll happen anytime soon. China + Musk + a natural correction were a big hit.

Corrections were called by many people and they are senior bitcoiners. It is what they waited for so they won't feel fearful when it happened. Fear probably comes from newbies or junior bitcoiners. They have yet really understood the Bitcoin market. They don't understand the bullish cycle of Bitcoin.

Importantly, they don't understand that in bull market, Bitcoin has many serious corrections. In the last bull market, Bitcoin has 8 corrections like that.

bad news through social media has played an active role from @elonmusk to banned bitcoin in China, greatly affecting the stability of bitcoin so that one cannot avoid a very deep correction. this is certainly not very good for crypto development in the future. investors should not add to the chaos of the atmosphere by taking actions that cause further deterioration. because we know something like this if it is not accompanied by investors' anxiety that it will be corrected briefly and it will recover.

It seems like what you say can actually happen, but indeed with deep correction makes people so restless and anxiety is exacerbated by behavior that should not be done with actions that make people worse off. because this will continue to happen and if you cannot control yourself it will continue to grow for a long time. Of course it is sad if things like this are repeated and there is no improvement, then certain people will be used to do it.

At present, the inflow of funds is smaller than the outflow, and the transfer of funds on the chain is negative, and the market outlook may fall. From a technical perspective, there is currently no consensus on the direction of the general trend. It is recommended to wait and see and wait for the market to be clear; for the short-term market, there is no consensus, and it is recommended to wait and see for the market to be clear.

I agree with the moderator. According to various evidences, Bitcoin will definitely recover. The recent decline in the price of Bitcoin has made many people doubt the development of Bitcoin. Some people say that there is no backing behind Bitcoin, but I want to refute this point here. There is a backing behind Bitcoin, and its backing is the currency attribute of Bitcoin. The first is the value scale of Bitcoin. With its decentralized nature, Bitcoin can be used for transaction payment. This way, Bitcoin is given the function of payment, and the technical support behind Bitcoin is very rare. It is Blockchain technology. Second is the circulation method of Bitcoin. Bitcoin is now out of the category of digital currency. It is not a single number. Most physical stores and websites have gradually begun to use Bitcoin for consumption. Bitcoin was also accepted by everyone, and slowly began to have its own form of circulation. The third is the means of payment. For Bitcoin, its convenience is unquestionable. It is a characteristic of decentralization, and there is no need to conduct transactions through third-party centralized platforms such as banks, let alone during transactions. There is a third party to guarantee the transaction. The fourth is the fourth, which is the storage method of digital currency bitcoin. For Bitcoin, the amount is specific. After continuous mining, the number of mining is gradually increasing, accompanied by the gradual decrease in the number of bitcoins. If bitcoins are stored in the circulation field, they can also be adjusted in circulation. The amount of money. Fifth, as for Bitcoin, its essence is decentralized existence, which is based on blockchain technology and can be used to make payments. For this reason, Bitcoin can be regarded as a universal currency in the world, which can be directly traded at the time of transaction and has no right to control as a government agency. Therefore, Bitcoin is more suitable for global transaction payments.

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Bitcoin is the King. Back to $50k needs more time. BTC recover, Market will recover. Most coin/token will be back also.

I think the S2F model is credible. Perhaps many people think that the S2F model predicts that the price of Bitcoin is excluded because of coincidence. Because the S2F model does have many shortcomings, for example, it does not take into account the supply and demand of the market, and ignores that changes in market demand will greatly affect the price of Bitcoin. But I think that the S2F model prediction and the Bitcoin price overlap is by no means a coincidence. As we all know, there must be an inevitable hidden behind the accident. I think what those professionals should do now is to adjust and improve the S2F model to make its predictions more credible.

I think Bitcoin will return to its previous position, or even higher than before. When I bought Bitcoin, I regarded it as a long-term investment financial asset. I did not intend to trade and sell it in the short term. Drop it, because I believe that Bitcoin will not be affected by the market and the policies of certain countries.

But lets not be too complesant about the bitcoin's recovery. What i mean is that they are definitely more unexpected sideways that gonna happen in the market. But as long as you have a good management plan when trading bitcoin, the situation will be under your control even that recovery market doesnt go well.

Anyway, it is not always the dip. The market tends to balance the momentum by allowing the bull now.

Now that you made me recall the start of the pandemic, I remember that people were talking about how cryptos are gonna help their lives in making transaction without having physical contact with the other party.
Surely the pandemic was like a welcome mat for some people to start adopting it for obvious reasons.

I think still not starting of recovering. Some bad news gone everywhere.. So as usual it need some good news related to the crypto side. But I'm pretty sure BTC pass 60k again In this year...

I wouldn't call it a recovery. IMO it'll go to 25-28k mark before stabilizing there.

Not still but very soon it will be, because you can see the last some days maybe some weeks makest , bitcoin used to do up and down.and surely this dump is happend because of news from china which is china bitcoin ban. But you can see the market near future it will definitely ricover and will break All time high very soon. No need to be panic regarding bitcoin.

Needs to have some break from those bad news that circulating around, after that we might see good reflection and much stronger recovery, for now after those lots of bad news investors are still waiting for good indications before placing their money back to this market.

Along the way, it will bounce back, might not that quick but better than ever, we might see another $60K or it can surpassed that last time high and bring this asset to another level.

Just keep your mind strong and positive, it will move back and bull will overpower the bear again.

Bitcoin began to recover and even almost broke through the price level of $ 40,000, but unfortunately it stopped there and for various reasons went down to $ 35,000 today. Now the question is where will he go next? Down or up? I think this question worries many. I think it's down because lately, many whales have been talking about the fact that they have a desire to buy cryptocurrency. And of course it's better to buy it cheaper.

At least the price of bitcoin did not decline further. According to analysts, the current correction should occur. As it is known, those who buy bitcoin know that their investment is for a long time, it is difficult for newbies to understand it and sell their bitcoin fearful of regulations for its use.
When we are not affected by regulations we may think that Asian investors are weak hands but for a moment I put myself in their place and I was also afraid.
PlanB's model on Twitter "Stock to Flow Model" is the model that I currently follow because it is so accurate and that it summarizes almost all the analyzes.

We still see Bitcoin price struggling to go up to even $40k now. It is $35k again. Sooner or later, Bitcoin will of course start recovering. But I've started losing my faith in Bitcoin to reach $100k in this year though.

Investing in bitcoin for the long term is a good choice. But you also have to know at what price you should buy it. Do not get into the highest price because the current decline is quite deep.
Capital management is very necessary, you should have capital reserves for the current market situation. You will get a cheap price and will give you a bigger profit when the market returns to normal.

So far, I still cannot be sure that Bitcoin is recovering. There are still some FUD spreading. Fortunately, there is also some good news to balance.
Well, this month, we are made worried about the price of BTC that can really give a big impact on other cryptocurrencies. In this case, Bitcoin price is still volatile and the price can drop so highly and down so deeply only in several hours. This makes worrying, isn't this?
And if the price of BTC is not at $42 yet, I am still under whether the price may be going down again.

I think you also need good news like others to regain trust in bitcoin.  You don't need to worry if you know how crypto market works. You just need to wait until bitcoin market will bounce back after dump. If there is a good news, then for sure the bitcoin demand will suddenly increase.

The only good news we are looking forward is when Elon announced that he is still buying Bitcoin and sell all his Doge for it. Kidding. Actually there are tons of good news for cryptocurrency in general in terms of application and upgrade. It just happened that the current market is too shakey that's why all eyes is focus on the price. A good volume will change everything.

Bitcoin's temporary decline does not mean anything. It is recovering. I believe that Bitcoin has a bright future. Its fluctuations are also a compromise. You don't need to panic.

Well to be honest the moment that Tesla or Elon Musk tweeted that Tesla will going to accept bitcoin as a payment to purchase a Tesla cars it made an impact to bitcoin market. But honestly speaking bitcoin can still make it on top continuing soar high its market value even Tesla didn't announce this was before. I believe that despite the sudden price dropped of bitcoin and a crypto market crashed there still a ton of goodnews awaits on bitcoin.

what makes you sure if BTC will cross $ 60k again this year? bear market is over and we will meet again in 2025. throw away that belief, focus on working and collecting bitcoins. and one more thing, there will be no news that will make your belief come true  :)

Maybe you mean bull market is over? How you do determine that we are already on bearish market? If we do tend to look at on the price then we didnt headed back down
into those low prices just like before.

We are now playing into these levels where its still considerably high but of course it might not be the same when we are just playing around almost 60k.

Nothing is assured on when we do hit up 100k or more but lets see on what would happen next. Now, we are slowly recovering and that what matter most.

There are still many predictions from experts that saying bullish is not over yet. Also, some institutions still continue to buy Bitcoins. It is a sign if the bullish trend isn't over. The current drop in crypto prices may be just a bearish trap.

Check again your statement! I suspect you made a mistake. You should write 'bullish or bullrun' there.

You mustn't force a person to follow your belief. Can you guarantee if your belief is true? I don't think it is clear enough that the bullish is over or not. What we must do right now is to wait for the next signs on the market. So, we can determine whether we will see a bearish soon or continue to experience a bullish trend.

I am among those who believe we are still in a bullish market, indeed Bitcoin has decreased by around 45% since it managed to reach ATH.
But the price of Bitcoin is still quite high as long as it is above $ 30k, especially now that it's slowly starting to approach the price of $ 40k again.
It is possible that Bitcoin will begin to recover, hopefully more and more investors will come back to buy Bitcoin now, after panic sell due to FUD
which is widely circulating. So Bitcoin could soon be back over $ 60k again.

We will know this week how the market will go. Many were saying it will still dump below $30k but others also say that we are at consolidation stage and going to pump soon. It's very risky to trade now as the market is undecided. Many people have been really affected by fuds few weeks ago and they are scared now to invest in cryptocurrencies.

My bias is bitcoin will recover soon because altcoins are showing strength when bitcoin is dumping. This might be the last opportunity to buy cheap cryptos because new ATH could be the target in coming weeks.

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

$40k is now the big resistance, we have failed many times in the last 3 weeks to overcome it. So it means its going to be hard and grind moving forward as the bears took over the market. Nevertheless, good price so why not buy at this price range?

The market is bleeding continuously, but still we have 6 more months before the end of 2021. A lot of things can happen, specially in the last quarter as historically, it is the strong months for bitcoin to go on another bull run.

still no good indication of recovery though it steps back to 30k level in which comes critical when the value drops to 20k level

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

Now it turns back to 36k after that 33k earlier today.

maybe bitcoin will stay this level till end of 3rd quarter?

It's still unstable, I see the current step of bitcoin still wants to make up for the high level of at least 40k to guarantee that this can recover as long as it can be passed, but basically, we will see how the movement will continue to oppose or indeed duck down after reach a multiple digit numbers.
But according to my analysis bitcoin will continue to be monitored at 30k and it won't pass it down if it happens so it's easy to come with lots of other bad news.

$40k will be touched soon. It can be a temp stop station for Bitcoin but it won't end around $40k. I believe that Bitcoin in June will have times to reach $47k but price will not fall or rise too much. It is up and down in a sideway time.

$30k to $47k is not a bad recovery of Bitcoin around one month if you took the dip and hodl.

It might dip again to below $40k after the rally but I don't believe Bitcoin will stuck below $40k at the end of third quarter. It would be stucked below $50k in third quarter this year.

Its regained some after putting in a higher low but a proper recovery is going to take action on daily bars I think and for that we'll have to wait till Tuesday when all markets are open again.

https://talkimg.com/images/2023/06/12/AJclm.png

On this chart its regained 2 day average but also more significant is the weekly average is a serious challenge to downtrend and we can examine if will break the prior range at the bottom prices above 50 week average.

Bitcoin is in great uncertainty, on the one hand there is a control by the bears that can take the price to $ 30k, I think it is very difficult for them to take it below that price, on the other hand if the bulls achieve the goal If the price goes up, I think that in one go it can reach $ 50k even above, this article is very general but gives a good overview of the market:

https://i.imgur.com/ProJ3rQ.png
Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-matic-eos-xmr-aave (https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-matic-eos-xmr-aave)

Of course, this whole scenario is very likely to change if there is a significant change in the BTC movement, any analysis can be invalidated, especially if the movement turns out to be bearish.

We might see some dips and correction during Q2 until we hit $45k level again which might be possible soon and still btc is struggling to recover because of new types of FUD being spread in the market.First Musk,then China,then Iran shifted the momentum against bitcoin recovery completely.But still the investors are trying to invest now at low price which is boosting the prices again.So now let's wait for actual bull run to hit the market.

Bitcoin has tried several times to get past the $40k resistance price and it still fails. hopefully there is good news about Bitcoin that can help
the price of Bitcoin rise. Because if Bitcoin is allowed to continue to fail to pass the price resistance, Bitcoin could fall again to below $35k.
But I hope that doesn't happen, so we can help by buying more Bitcoin at the current price. So the more people buy Bitcoin, hopefully the Bitcoin
price will pass the $40k resistance. Hopefully this month will be the end of a bloody market, and Bitcoin can continue its bullrun until the end of
the year. Because I also believe the end of the year Bitcoin price can reach new ATH.

We have to wait until the bull run at the market will certainly recover if the crypto market is not stable we will hear the good news of crypto very soon. The amount of investment is increasing due to lower prices which will not take time to correct the market. Along with the price of bitcoin the prices of other currencies are slowly rising.

Apparently the bullish trend of BTC is at the door, throughout the entry, at least the technical indicators are affirming it according to this article, what strikes me the most is that the mass in general is waiting for there to be a fall in BTC massive, even some analysts and investors think that BTC will have another drop:

https://i.imgur.com/rchKU1Q.png

Source:https://www.newsbtc.com/analysis/btc/bitcoin-steadies-above-100-sma-36k/ (https://www.newsbtc.com/analysis/btc/bitcoin-steadies-above-100-sma-36k/)

All these data are from BTC taking its recovery and we see a big bullish trend, in fact it is what is most expected, despite all the FUD of Elon Musk started the whole storm of BTC and the market in general.

judging from the chart, indeed the price of Bitcoin looks like it has recovered from $30k to $40k which is a good thing,
because maybe this is a sign that the bull is still strong, yes, although it has decreased by 50% but it is considered normal, yup, a reasonable correction,
but if the price bitcoin plunge again below $30000 will certainly be a concern for traders and holders

The confidence of the people are now regaining back and I think the storm has already done so we can expect that we can continue see the bull since so far there's no big fud  rotating on the medias and also people are hyping back again bitcoin so maybe we can see greener picture at the moment.

Although it is not certain, it is more likely that it can rise again (recovery), bitcoin is known to be getting better in various worlds, various financial things and legality is increasingly visible, of course it is something that can increase enthusiasts.

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion.
Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this
week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k
could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements.

My prediction is still btc rise up to 100k$ at the end of year 2021, there is a great posibility that bitcoin will have a high price at the end of the year, because bitcoin has a good start this year. The price is still high and start to rise so i think that was positive sign, dropping and pumping is normal so we need not to worry about it we need to trust and have patience for good.

But yet Bitcoin is not recovering from the deep fall recently .

Price is still Half way down from what the value in April and now sitting in the lowest level for the last couple of months.

Do you think there are still place for Bitcoin increasing this second quarter? or the value will settle back in the start of 3rd quarter?

We can't say it will recover back to its high price, you see, bitcoin is struggling, hence the entire market is struggling as well. Plus, the current tweet of Elon made the market dump again, and with that, the sentiment is now bearish and I don't see another bull run happening this year like breaking its current ATH.

I see the hope for a quick rise is doubtful, but for the next quarter it could, there is a possibility to rise above $40k. we still have to be committed and don't give up too quickly. BTC will surely grow again with other Altcoins.

I like optimistic people, rather than we complain a lot about the current situation, it would be better to think positively like you. There is still a chance
for Bitcoin later this year to reach the price of $100k,  because there are still about 6 months left for Bitcoin to recover and be bullish again.
Hopefully this month at least Bitcoin can return to a price above $40k, we really have to believe in Bitcoin, because the price is going down like this,
happened often. So there is nothing to worry about, we will see more surprises that will be given by Bitcoin, so be patient for now.

I think we are still on a good run, compared to the June of last year to this year's June, we are much higher now, I wouldn't say recovering but more of like being active again.

It is not really struggling so much, it is fighting and there is a big difference between the two. Bitcoin does want to go up, the market wants to go up, people wants it to go up, we all work for it to go up right now. What happens? Elon tweets, Biden speaks, something happens and the price drops significantly.

This is why we are fighting and not struggling because in the end it is a war and you know never know who will win a war, even a tiny army with no resources can beat down a whole army with every tech, just ask Vietnam and USA, they will tell you all about it. This is why I think there is really nothing to be scared of, just try to hold your coins as strong as you can and in the end you will be the winner, Elon can drop the price only a certain amount, he can't continue to drop the price forever. We will be the victorious ones in the end.

Sure, but they have to be really willing when the price doesn't match what they expected. They have to use cold money to do this, meaning the money used is not the money needed to meet daily needs. I am not the type of long term asset holder although I know that there is more potential if I want to hold on to it longer. I prefer short term profit so it is clear that there is no bigger target to achieve on my part.

Elon is not a bitcoin adherent forever, he is quite volatile and he is not a good role model for anyone looking to invest in bitcoin. I think he had his own interest in supporting bitcoin before he started calling it unsuitable for the idea of ​​saving energy. Now, who would believe him?

I think there is too much drama, way too much drama about the ups and downs of Bitcoin. The veterans here know it anyway. It will happen again in two or three years from now, and again afterwards. It happens with real estate. It happens all the time. What counts is a fundamental judgment. If I believe Bitcoin has good prospects in the future, a price drop shouldn't be too concerning. It can take time as we know from the past but so be it.

Humans do like drama by nature, so I wouldn't be surprised if the price of Bitcoin became a drama for some people. Actually in the face of volatile
Bitcoin price changes, we don't need much drama, as long as we believe in the future of Bitcoin. So there should be no need for doubt, even though
the price of Bitcoin continues to fall, in the end the price of Bitcoin will definitely go up again. But still, every time the Bitcoin price goes down there
will be debates and differences of opinion, even though all we have to do is hold, until the price goes up again. Because of how far down the price of
Bitcoin is, it will eventually go up again, so why should we really worry.