Bitcoin Forum

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

Therefore, it is very unfortunate if the traders had panicked because of yesterday's decline. In fact, if you think about it logically, the market will indeed recover especially with the Bitcoin market, where the current recovery is clearly set to hit $45K soon. The uptick just got underway and we'll be well above $40k for the next few weeks. Hopefully, this recovery isn't temporary, there's still a lot of good news in the markets to watch.

We're all guessing and no one will give you if it's a yes or no accurately.

Just expect that every time bitcoin recovers, a dump again is waiting. It's an unending cycle that we have to consider all of the time. It may pump a little this time but who knows, by the next days, it will be bloody weekend again and will dump more than its recovery.

No matter what the move of bitcoin is, for sure alts will come with it but some of the alts will also have their way. Pump or dump, whichever it is, just have your own bitcoins collected and add more if you can.

You cant blame them off even myself does really have that kind of presumptions that the price might show up below 40k but luckily i did really have some considerations on buying into 41k price
and made out some profits since the price had made out some significant rise lately which it is guaranteed profits in a short time basis but for those who havent able to buy into those dip
times did really make out some regrets seeing the price is making up some slow recovery which is really a very common scenario into this market.
You wont able to make profits if you wont risks up on entering the dip.

Well this is definitely a good sign that bitcoin still fighting for the dump but we cannot say that it can sustain at this current rate but lets do hope that it will cross to $50k since it will ease the fear of the people. I wonder what people feel right now when they sell at the bottom since for sure they are now regretting their decision to dump without hesitation.

At the moment, the market hasn't given us much to work with. I mean, the market took a pretty bad and mess turn last week and then had a small $1K - $2K growth. What I'm always looking out for confirming breakouts are power moves across either side of the market and so far, there hasn't been one in the upward direction. So I'll just stay put for now. Not taking any side yet since I'm more of a breakout trader.

Well first --this should be on the speculation board.
I am being positive with the bitcoin and I know it will not drop further by $40k and I am right, bitcoin now showing resistance after the short correction and it was followed by the altcoins price. My opinion is, bitcoin has strong support, it will not quickly go down and there is no repeat itself as they think that bitcoin price will repeat 2017 movement, that there will be a massive drop after a new ATH will come but in fact, that is not. It is indeed unpredictable or no one can predict the market price.

Bitcoin is currently hovering around 43k. But I think Bitcoin will go up now. The way it started to grow could raise 50k.The way Bitcoin started to decline we were very scared that Bitcoin could come in at 30k. However, Bitcoin has started to rise again. Seeing the dumping of bitcoin market, many people thought that bitcoin could come in between 20 to 30 thousand.

When you hold bitcoin, you have no reason to be worried about its price because one thing is almost certain BTC will always appreciate over time. $50k BTC price is not a new achievement and BTC will most likely set a new all time high this year.
A green signal for BTC doesn't signify that all crypto market will be green because some other projects will not recover from the previous dip.

Not all is holding bitcoin and some of them buy on cheap and sell on rise which is a very common concept or system of trading.We did hit 43k now and it isn't bad to secure out your profits

if you had able to buy when it did dip but not all had the chance or the opportunity to buy because they do presume that it would drop to 30k which it didn't really happen but instead it did

really make out some recovery but lets see if this is some  sort of fake increase and there might be some decline later on.

As everybody said, everyone may have their own prediction. In this case, we also think about some expectations that we may always hold in our hands.
There may be some probability that the next jump will be to $45k. And this may be a chance to get a higher price again. But the price may also be corrected again to be down at $40k. We really can't see how exactly will happen. Some people may also predict that to reach higher ATH again, the price must meet the next bottom support maybe at $30k.
Fyuh, if we are thinking about any kinds of predictions, we may be dizzy enough. Just enjoy what is going on right now, by taking profits even small. Or we are holding only the coins until we can reach and meet our goal.
Once more, no one exactly can know the next step of Bitcoin

My take on this? If you can afford to invest, then keep on investing. Don't wait for $40k or $50k. Don't wait for the dips or anything. Just invest and keep holding as long as you can. In the long run, the price will increase and give you some good profit. If you keep on waiting for the price to dip, the dip level you are looking for might never happen and you might miss all the opportunity. Think of those people that were waiting for the price to fall down to $20k when the price was $30k. It never happened. Keep holding, but if you think you have to take some profit, then sell and reinvest again when you are ready.

That was indeed a perfect bounce for me, as the $40,000 was acting strong support here plus it can be considered as psychological support.
Let's just hope that we will not dump until the weekly close candle so it could not be considered as fake bounce, lol.
Overall, with that huge percentage of bounce, I don't consider it a trap.

It is always been a tricked which trend we go in the coming days but as we observed, once the dip is over, recovery comes next, and I guess we are heading to the uptrend motion. We have to low $40k, started to move up slowly and reaching back again to $43k, that a road to $45k. Were expect such a trend as it was happened before, kinda be a normal scenario to see in the market.

Well, we are still red in the chart, I'll be looking forward to seeing it in green someday and that be the sign for market improvement. Holders have saved the market and held the price not to dump below $40k.

recovering from a correction.. um, the correction is the recovery from a over hyped premium overprice spike.

what you will now see is if the new 'bottom' for the last X months tests at over $40k. thats the new Low. (compared to previous test X months ago down at $29k) and gains more support and thus the underlying value(the low) gently increases bit by bit. while then having the speculative emotional trade volatility above this which could test new ATH speculative price

https://i.imgur.com/qe8eOy2.jpg

Meh, it is just like a retake of where it was used to touch. It's nothing to be celebrated just yet nor be sad about the slow increases. Just hodl as always. While in my work, I look a little bit in the charts and just go back to my usual stuffs.
I wouldn't want to term increases as "pump" as I remember those shitcoins being a pump and dump schemes.

shitcoins have a "pump-dump" trajectory of long term \ descending 'bottom' and top, (dumps worse than previous low)

bitcoins long term trajectory is /. its more of a "pump-correct-test new higher bottom" or "pump high, raise bottom"

I think we will be moving sideways this year, in a band between maybe $30,000 and $60,000. I just don't see a raging bull market with rising interest rates, but I could be wrong. Now, once the Fed shifts policy and starts easing again, I think there will be fireworks. Another potential catalyst is the approval of a physically backed bitcoin ETF in the U.S. If this happens, we could easily see new all-time highs.

And it is still growing at $43,500, but I'm not sure if it will go to $50k, I'm thinking that this might be a bear trap or something.

Regardless, it just shows how resilient bitcoin is this trying times, I mean majority think (including me), that the price is going to ~$40k level but here we are right now, $43k and might go to the next mental barrier of $45k. So let's see how it goes, getting to $50k might be to big a task though in my opinion.

How it's really matter when Bitcoin price increase from $40K to $43K only? Actually that's normal due to volatility. Reaching $43K is too soon to predict what's next about Bitcoin, $50K is the strong resistance IMO so I don't expect anything now. It will be good sign when Bitcoin already crossed to $60K obviously it's the time Bitcoin will be bullish and might reaching new ATH.

It is too soon to say it will pump further as the price needs to settle for a while at the current price.
Maybe we will see another correction before the pump coming but hopefully, it will not go down for deeper.
Of course, we want to see the price getting pumped towards $50k and even more but we need to realize that it will not be easy to pump the price to $50k.
You need to still hold your bitcoin if you want to sell at $50k and maybe accumulate more if the price getting another correction later.

Yes, for sure we all remember that just last month, we have attempted several time to go over $50K and failed. And it was only with the Christmas pump that we go over at $52K but it was obvious short lived as it is an artificial pump.

So the critical price is still $50K levels, this is where we are going to make or break. If we reach this price and held and sustain the run then maybe we are back to the bullish trend, otherwise, we might a boring sideways pattern for a while.

whilst holding coin.. never look at ATH. they never last long.
instead only look at the supported lows.
look at the increments of the new periodic lows as a guide to valuing your coin.

anything above these lows is "bonus"

EG i bought coin at $6 in 2012.. yet:
i dont view it now as "being worth upto $69k recently"
i do view it now as "valued at atleast $29k recently"

shift your mindset to the lows and you will start to appreciate VALUE. and start to measure investments based on IF the PRICE is near VALUE or at a premium(ATH)

The fact is that to date we know nothing. Last year we had predictive models, such as S2F and others, that gave a minimum of $100K price for 2021. Those failed, and although we like to speculate, that is, try to guess what the price will do, no one has any idea what will happen. I believe that we are in a less abrupt cycle than previous ones and that at some point we will pass $100K but we will not have 80/90% declines, although who knows, with Bitcoin anything can happen.

A small increase doesn't immediately mean that we will go towards the $50,000 already.
Right now its hard to know where will Bitcoin is heading with. We've seen it going as low as $40,000 but we've seen that it bounced back immediately showing that many are accumulating at that price. I think we might see Bitcoin going sideways for quite a while (maybe a week or 2) around $40,000-50,000 before we see which direction it will go. Will the bulls prevail or the bear will take over the market :).

What's next for Bitcoin after reaching $43,000? I don't know but seeing good upward movement after the decline from its recent ATH would be good though I'm not expecting too much from it :).

It's been difficult to know for a long time since December at least. This isn't such a sharp bounce either, almost too weak and gradual for me to really think we're out of the frying pan just yet, and certainly not enough to say we're not headed into the fire.

Volumes still meandering, global economic outlook and inflation still not shocking enough (so external pressure is not shifting).

Think it's literally a wait to see if bull or bear tires of this.

That seems so exciting to know what will happen next but sad to say that it can be impossible.
We can't expect much for now as the recovery is just about to start but as this uptrend motion sustains, that can be near to possible that Bitcoin price will reach back $50k before the end of this month. Sounds very optimistic but this is just a sort of market prediction, it can be right or wrong but I'd remain to be more optimistic and have some faith that this will happen someday.

Yeah, literally we are still in the middle ground this 2022. The December plunge has still its effects till now although it's good to see the price sharply rebounding to $43k, and I even saw it getting into $44k but it goes down again.

So we have to factor what is the global economic outlook, the Covid-19 effect is still here, many countries are still suffering specially with the new variant, so it's hard to see where the price will go.

I was just saying that this rebound isn't "sharp" enough to give me any shivers in my timbers, but I guess if it rocks your boat, good for you. Not that I'm turning my nose down at 5+% gains, but without the volume to back it up, I just see this as bears lazy to move rather than a shrinking away of.

And I wasn't saying macro factors will determine, just looking at all of it as a package. World Bank seems to suggest the first world is out of the woods on pandemic effects...

More than that and I'm thinking of too much bullish now, but there's no accurate prediction as we all know since the bitcoin price is unpredictable.
But if you will have research regarding fundamental analysis, the result could be bullish because we have big investors around that have been recently published in news about their bitcoin adoption.

So, therefore the $50k bitcoin price is not impossible but we can't determine the exact price when it will happen. Much better if we keep holding our bitcoin as we know the price would be raised soon.

Well, the question is "BTC has crossed $43k what's next?", the next is 44,000$ and then 45,000$ and so on. I mean we never know if we are going straight to 50,000$ or there will be some pullbacks in the way. The ultimate goal of bitcoin will be to first reach 50,000$ and then cross the all time high. How long it will take, when it happens and how many dips we gonna see in between are some questions which no one has the perfect answers.

It starts recovering wherein for sure soon if market is totally fine bitcoin will retest the all time highs and probably that's the time for another journey to 100k this year as well as it's the common prediction around the internet and since bitcoin reach the highest level. Imagine how bitcoin grow so fast las year. So i wouldn't be surprised if this year that 100k will gonna happen as well.

Seeing the slightly improved market conditions at 43k USD for some people, this is a recovery period or just a form of psychological provocation for holders and traders to be able to play with it.  Who is the holder of the most money who can set the pattern of profits on various sides.  Meanwhile, the penny holders are silent and the team monitors from afar and prepares all alternative options to resolve the problems that arise.

These first months of the year are usually one of those that require people to have some money to kind of buy new stuff, kids in schools are starting a new calender year and all that and its expected... But i see March to be the month we can really experience a time of recovery otherwise its time to stake up on some cheap coins whilst they are still cheap.

It's still too early to predict the price of bitcoin which is currently only slightly rising from 40k to 43k which I think will go down again because the correction is still continuing, and to reach 50k it looks like it will still take a long time.
but if the decline does not return to 40K there is a possibility that a slow increase will lead to 50K, and only time and patience we have to prepare next because at this time it is difficult to predict bitcoin price movements and only Hold or take advantage of the decline that occurs to make gradual purchases because 100K has not been reached and will definitely happen.

Now the price of bitcoin has fall back again to $42,689 so there is still no assurance if bitcoin will really move up or may continue its dump prices. I think the best thing to do for now is to hodl your coins and never decide to sell.

However, my prediction is that if this correction will really continue, the next thing will happen is we will be having the bearish season in the long run. Of course, the fears of the people will grow more eventually but let us not forget too that this bearish season opens another opportunity to buy all the potential coins that we have missed buying before.

At least with this increase, it's a pretty fresh breeze :D
And indeed they need some footing like this to get them to bounce back up.
On the other hand, there are some things that can't be released because some people can't even escape the shadows of bearish words that are always spoken.
and with this I think will be a little enough to make belief in bitcoin will continue to exist

Even today it was trading around $44.5k levels, it fell down all of sudden and right now it seems anything could happen in bitcoin market. I am sorry that I am not here to spread FUD but it seems that bitcoin market may quickly test its support region one more time which may be below $40k levels this time as well. But, on positive side, we may have sharp bounce back from the current price levels which may go up to $45k to $49k levels in coming days hence just watching market for few more days might get anyone about the clear idea on market direction.

Yes. We'll just observe the market in the next days so we will know what will be its next move. I think if the market turns bearish, there's no need to fear or panic since we all know it won't be forever. We just need to be open minded and always remember that a market needs a bullish and a bearish cycle for it to evolve.

However, this correction or let's say this soon to be bearish market is another opportunity to invest so we have to grab the chance while we can accumulate coins at their cheap prices.  It will be a good start to make good profits in the future.

We can learn from the history of Bitcoin movement, then we will realize the bearish trend is only temporary, and Bitcoin can always recover again.
Moreover, until now Bitcoin still has a strong support price, so I believe Bitcoin in the near future will not fall below the price of $ 40k. So if we want
to buy Bitcoin now is the right time, because now Bitcoin is at a low price, and maybe we will regret it if we delay buying Bitcoin. Because it is very
likely that the price of Bitcoin will soon be bullish again, especially now I see there is a positive movement of Bitcoin. So don't waste the opportunity
to buy Bitcoin at the current price if we really have the capital to invest.

It seem the support at $42K will hold the price after a minor pullback, the bullish pressure wouldn't allow the price to decline to $40K, presently the price is touching the support, if the price bounce off the resistance turned support successfully that means the bulls had taken over the market invariably the bullish trend will continue probably till the $47K the next strong resistance, for now price reaching $50K target will take some time before it can be achieved, the best bet is to continue to buy at every dip.

I think we all need to chill a little bit about of the current trend of the market since it makes people do wary and uncomfortable at the same no matter where the market price go. Let the market do what its usual movement do then hodl and wait, there's always a right time for buying and selling. Staying up late night just to predict or see the price movement doesn't help you to make profit at all. Well, staying up late doesn't but predicting price maybe.

If you are aiming for a long-term investment it's better to wait for your turn and stop wasting time when the price is in dip yet. Just read more about the trend and you will know when there's a pump.

Right, let the market do it's natural thing, otherwise we might disrupt it's natural flow with every spike in prices. So just like what we have seen, it went to $44k, but now goes back down to $42k.

There is no upward momentum.


I guess there are investors that are very excited to see a pump in the price because lately we have seen worst, and others think that we are already in a bear market. But if we see signs like this, we might have a second thoughts and be optimistic that a second round of bullish phase will happen this year.

I think the reason behind that some investors are very eager for another bull run is that they only have limited funds at the moment and so they can't make a big purchase in this time of correction. While others are filling their bags with potential coins, some are only hodling their old coins and just waiting patiently for the perfect time to sell. And if by chance bitcoin will make another price increase again, lucky are those who have bought from the dip since they will surely be in profits by that time.

But again struggled to reach back to 43k? down to 42k for 2 days now and I'm afraid this is a good sign at all because the market still showing weakness and no shows of increasing completely .
Not all investors mate , because I am looking for bellowing , I mean i wanted the price to drop more and get to the lowest in can be before i enter investing for readying in the coming bull year after.

We don't know yet or better yet, we aren't sure where this is going to go because that could translate either way. We just have to be prepared for what's going to happen next. I don't have a lot of money so I only prepare for when the prices are going to go down so that I can buy more bitcoin when it actually goes down, good thing that I have a decent amount in my wallet so I don't have to worry too much if it goes up and I don't buy right now. Just don't be greedy and take the profit.

There will be a series of up and down when it hits the resistance which the old support during the downtrend. We can see a slow phase growth until we reach 50k to 60K level then increase price rapidly towards new all time high. This is only possible if the price will not be heavily rejected on 50k to 60k price level. Another Dow trend might result to 30k or lower price.

What is next? Just hold and wait. Or trade if you know how to do it to increase your deposit. Sell if you are in urgent need of money. There is no right or wrong decision. Every decision has its pros, cons and consequences. The fact that Bitcoin has crossed $43k does not mean anything, as we have seen it touching $50k and $40k during one month. Did Kazakhstan has their internet back? Did they turn on their mining back? Expect a slight growth soon, but nothing extra ordinary.

I  stopped assuming about the bitcoin future now because i completely accept my chance that it would be great if i will stick to Long term.
so meaning i case nothing about the price of bitcoin now for the next 2-3 years more .

this will also lead me to not having any conflict in thinking because of the price movement like what we are having now .
so Maybe in the next few years i may bring answers here but for now? i will pass for a while .

Your opinion might be more appropriate if you have stated these in 2021 when bitcoin was in full-swing bullish mode. Now, people are finger crossed about the direction of bitcoin market and they just need some idea about the short term trend which is the reason people are too curious about continuation of the recent recovery after testing low around $40k levels.

I agree we can buy or sell now or anytime if we needed to do so. Yeah, we need to believe into bitcoin and we need to keep most of our saving in bitcoin like if we need money then there will be no point of hesitating to sell bitcoin and must have to buy bitcoins regularly regardless of where bitcoin is trading. This way we can beat the inflation and can secure our future financially.

That has been my go to understanding for a long time now, been a few years. I used to try to predict which coin will go up and which coin will go down and when to get in the market and when to get out etc etc all those trader stuff.

For the past few years I just gave up on all of that and focused on just making as much profit as I can by working hard and using that to buying crypto and holding it for as long as I possibly can. It is not easy, it is taking a long time, but I have been doing it at the very least and that is all I care about. If I can keep doing this for a decade or two, I am going to retire as a very rich person and that is very important.

I love my job, but we do not know what is going to happen, maybe one day I won't be able to do my job? Maybe I will get sick and can't work? I do not want to be poor and unemployed and homeless, so I need to keep investing more and more, and that is how I will be able to retire wealthy.

Whether the power issues in Kazakhstan have got solved or not, but the hash rate have come closer to the previous ATH. This means mining has gained momentum, but that doesn't mean price will reach great high. As far the present scenario prevailing around the cryptocurrency market as well as the world market there is more chance of stabilized and slow move than immediate rise.

That's possible, but I think majority is still holding funds ready to invest in crypto to take advantage of the situation, (the price is very cheap). So timing is everything here, so they wait for the price to go down below $40k but it's not going to happen for now. But still a win-win for us, I mean just keep buying at dip and holding. If your goal is short term maybe 3-6 months will do. But if you are hear for the long term then you know what you need to do and have a lot of patience.

I see the potential for bitcoin in the future to get better, even though at this time the correction has not fully recovered, the process of bitcoin's journey in 2021 is quite surprising, where bitcoin reached a new ATH twice, then after that bitcoin corrected until now, but if you pay attention this year, then The same scenario pattern will be repeated again, where in the middle of this year bitcoin will again find a new ATH which is much bigger in 2021, if this scheme works, then the opportunity to get profit is big enough for all of us.

Bitcoin potential is around the clock , each moment is a chance to increase  but of course we can expect more dumping this year because of the situation , looking at the market now? maybe this whole year will make us sudden delay in increase because the way prices moving now specially bitcoin is really cant tell that there will be a growth coming soon.
and besides crossing 43k is not a credible increase because look at it now? continue to maintain that lowering so yes there might be another fall coming

But by considering the growth we got last year, it is expected to have another wave of bull run this year as well. This is just a speculation based on the adoption level and media hype around the world. Still, market may surprise all of us in any ways hence acting cautious is the only next thing we need to do right ow.

As of now, bitcoin market is able to sustain around $43k levels which could be interpreted as bullish signal but failing to break the resistance around $45k levels then will gain launch market into lower circuit again.

If the support for bitcoin is still big like the last year, we may see another bull run happening again this year so we can go back to make a profit. But if that is not happening, I guess we will have another time to accumulate more bitcoin because the price has not increased so high and we can be ready if the price increases later. But the market can get the dump to the low price as the bitcoin market is unpredictable and hard to predict what will happen later.

Bitcoin is still within the range of $43 thousand, it could be stagnant, (I'd have liked it if it could come a little more lower, so I can fill some) Hopefully, we will see good news from the market, but we cannot tell when it will happen. Observations, we expecting something high from the market, we should also be aware that the down trend is also possible to take place at anytime. If we will see more investors coming into the community like last year, then, we should be expecting the higher price markes. This can be a chance to have some bitcoins filled in the little fractions we can, the price could go lower, but the price will always increase, as it is the nature of Bitcoin.

I think I already saw this kind of picture in the past, when it's stagnant, the movement will likely be bearish, so even though the price is cheap now, I would not buy it if I expect it will rise in a short period of time. When the market is bearish it's hard to expect that bitcoin will pump, because if it will, it would still  go down.

Stagnant? What does that even mean? Btc's price flow are always very volatile, Btc price has never become stagnant.
The nature of Bitcoin is high volatility, and that's caused by the institutional, retail, and whales. Eventually, more and more investors will come in on the next coming years.
If you're referring the cause of this dip as a lack if investors, then I'm afraid you're wrong. Investors are still intact, infact that's what makes Btc had a strong resistance level because these investors are buying at the bottom range or $40,000.

I think bitcoin is destined this time to fall again since its resistance is not that strong. Yes, it has able to sustain at $43k but i don't think it will surpass $45k, so most likely it will drop its price again that will pave the way for bearish season to finally enters the market. So its better not to be too bullish this time as it will only hurt you when the market will not meet your expectations. Just ride with the flow, and buy at the dips because this will make you more profitable once bitcoin is ready to reach its new ATH again.

Recently market little dip. Bitcoin price now around $43k+.i hope bitcoin will be rise again.i hope bitcoin wil be more grow and it wil be reached above $50k+ soon
Don't miss that opportunity buy and hold long time bitcoin and Others valuable crypto. When bitcoin will be rise again i think all crypto in green signal. I think more investor comes in soon.

Stagnant he means about being moving on sideways which is also a common behavior on this market aside on uprising or downwards because there are really times that market do really behaves
like this thats why some people do really have this kind of impression.

We are really that staying up on 43k-ish level for a while now and the market doesnt made out some significant move but we dont know on what comes next.This is actually the hardest
part on making out decision because you wouldnt know on whats the potential movement.

We all hope that the price of Bitcoin can recover soon and go back up to above the price of $50k again. But sometimes we need patience to wait
for the Bitcoin price to recover, because no one knows when the Bitcoin price will recover. Although the current Bitcoin price has not been able to
pass the $45k price, at least the Bitcoin price is still above the $40k price, it is a positive thing and we should be grateful for it. This means that
Bitcoin still has a strong enough support price to prevent a deeper price decline from occurring. We can take advantage of the current situation
to collect Bitcoin and potential altcoins, because once the crypto market is bullish again, then we can make quite a large profit.

if the price stays for a long time accumulating between 42000$ to 44000$ then it can go up again. but if the price drops below 40,000$ then it will surely touch the 30,000$ once again and it will take months to get back above 50,000$, in the next few days we will see the price direction, for people who do hodl for years this is good buying opportunity

I agree with you completely. For long-term investors, this is definitely a very good time to buy Bitcoin. If someone expects to profit within a few months, investing now is too much of a risk, because a price drop to $30k is more and more likely. If this happens, we can expect further increases only in a few months.

So still a win win in my opinion, you can invest at the current price. And then when the price drops, you can still enter with lower price. I think smart investors knows that very well so they are taking advantage of any dip in the market price.

It might take long though before we can see the price going down to $30,000 or going up to $50,000. So I will say that we are neither in a bull market or a full blown bear market which everyone thinks that we are going to experience this year.

The scenario you described is very possible, but in fact further declines are also very likely. I think smart investor has now move to stablecoin and is waiting for what will happen. At the moment, we don't really know what's going to happen, so I think the best solution is to wait aside for the cryptocurrency market to calm down.

Arent you people overreacting about Bitcoin prices changes? As soon as its price gains $500-1000 per day, people start to call it as a turn on the market and start to predict "$50k in a nearest future" or "moon soon". And as soon as Bitcoin price drops for $500-1000 per day, most consider it a walk to a bottom and call to either sell or hold.

Yesterday price was $43k, this morning it is almost $42k - what next? Nothing, we just lived another week without any major price change. We have entered fluctuation period and will see this daily gains and drops for months.

Indeed bitcoin has risen in price to pass $43k after it went through a prolonged bearish storm earlier. But I see, that technically the price of bitcoin is not certain for a reversal. However, this does not mean that the bitcoin market is already bullish. Therefore, let's see if this price increase will be the beginning of bitcoin's revival towards bullish or just temporary.

Here is how I view BTC since we got into the new year, basically sideways in a range.  When it breaks the barrier either side then we can speculate better on price action moving onto a great target but for now it is set to repeat itself.
https://i.imgur.com/JBRR4Ed.png

I would speculate it breaks upwards because its out run the negative trend from the ATH but that is not immediate or even definite yet.   Some fear the negative but in order to be especially negative we'd need to test and fail one of the higher prices like 50 or 200 day average somewhere around there.

Dropping below $40k alone is not enough to cause a bigger drop, otherwise we already had a momentary drop below that level and price jumped back up instead of going down. That is why $40k is a very strong resistance which means there needs to be a much bigger sell off worth millions of dollars to push it below $40k and keep it there. Nobody wants to risk that much to manipulate the price...

A slight growth today, standing up to 42k again and yeah green mark is still in progress so maybe there are more to come in the next following days or at least this whole week?
as we have seen this struggle for the whole January to even break that 43k to step up at least 44k again or even higher.
I would expect the minimum of 50k level this end of 1st quarter if this condition continues .

But still a long way to go, it's only $42k and we've been in this kind of price for the last 2 weeks already so there is no movement whatsoever and the chart tell everything, we are indeed in a sideways movement.

The question is will we able to break or have a break out run on the positive upside? Really hard to tell at this point but to not disappoint us, we should be thinking ahead and that we should take into account a bear market already as early as this month.

It will stay at that price if nothing will happen, but if there's some kind of bad news, the price will easily dump because it looks like we are in a bear market now. If you have been investing in crypto for awhile, you'll understand that this trend is going to happen, so brace yourself and prepare for the bear season.

Yeah. Every week approaching Friday I'm prepared to dig in and see us break the floor and plumb depths of 35k, OR a fallback from 42k/43k to register a big bounce on 40k... none of this has happened yet. Every week's delay of the break out, even in sideways trading, does seem to stack more chips in the bears camp. Probably some big guys nearing fatigue after entering just around 40k too -- 5% gains is interesting enough for them?

The market has jumped $39k, most likely the next market move will be down $35k, the current holding area is $40-41k so if there is an explosion in the selling trend due to FUD it will be difficult to get back to $40k in the next few weeks.

Any time there is a bad news the price could go down, but if there is a good news then it could go up as well. We can't make predictions based on great news or bad news, they could happen at anytime and we will never know when and how that will happen.

So when we are investing, or cashing out, these news situations should not dictate what we are doing. Make your moves based on the fundamentals of your investment, bitcoin has been great and even though the price changed, the fundamentals did not change and it is even getting better. Same goes for ETH, considering how 2.0 is on the way, eventually it will have a great improvement. All these results with great future for these coins, and solid fundamentals, as long as that doesn't change, the news mean nothing.

I hope that the price drop won't be more than $35k. even for now. Well, actually, I'm quite happy to see the price recover to $43k in the last few moments. however, a very rapid decline occurred. Yes, but this is still normal. I think, for now, the lowest target for the price decline is $35k, and maybe now we need to wait for good news to push the bitcoin price back into the $40k range.

The bounce area for $43k won't last even if the market is in recovery but actually the market has been in a bearish market down since ATH 2021. Though the good news won't push the bitcoin price up significantly as the market is currently in a bearish moment.

Fear level became more higher so I don't think any news will help for now knowing that market doesn't look good for now. Maybe its not to hold some bitcoins now and I'm thinking about preparing for worse case scenario since we might gonna see some deep with this current situation and better to have spare amount to buy some at the lowest price it could possibly get.

I have been of this opinion before and I will continue to be of it, as a bitcoin holder I don't think there is any need to be afraid of the bearish season as bitcoin trading below $40k right now, we have seen this over years but bitcoin still come back stronger and could even move into a new all time high.

Bitcoin will certainly recover and will send green light to other altcoins. It is a recurring of events and we must need to get used to. Expecting all bullish season across years is not making sense in any means.

And just exactly 2 weeks after creating this thread, $43k->$32k down ward spiral. Although we have a slight bounce in the last 24 hours and now peaking at $36k.

But still in matter or weeks a $10k dropped, I think we are in the average of a bear market, until we hit the bottom. The question remains, what is the bottom for this bear market? Others speculating that it could be in the mid $20k, but others are looking for a bit lower than that.

https://i.imgur.com/EKd6sIw.png

Back in a range again, needs to at least beat 38k and I think really the weekly average also.  Above that is the downtrend around 40k, again another battle BTC must win and regain the ground in order to declare its with a chance of accumulating positive momentum.   For the moment we have respite but not a serious rise in price only potential to do so.

^^ It was a short-live $38k'ish, and then it goes down hard again to $38k, so I guess the lines have been invalidated and we have to start from scratch again to see where the price is going to be at least at the end of this month.

And it's been tricky really because the price is really volatile and everything is on the works short term. So there is no respite, as we are really inside the bear cycle now.