Bitcoin Forum

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

Be greed when others are fearful and be fearful when others are greed. The market in last 1 month, not only last 2 weeks has such time for you to do it.

The fear and greed index (https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/) shows how fearful people are. When the crowd are fearful, and you are not gambling with leverages, it's time to be greed. People are fearful during such events because they over use leverages and in such events, they are facing with margin calls. If you are not like them, you should be greed and use your own capital to buy dips and enjoy it.

as long as the price broke the $42000 then it is guaranteed that it will not go below $40.000 again and that it will test the $47000 and only after it is above 47000$ the price will test the $50.000, I think this resistance from $52000 only if it is broken we will see the price reach $69000 once again and if it is not broken the price will drop to $42000 again


well I'll wait at $50,000 see if the price arrives or if it arrives if there will be any signs of a fall, or in case of any sign that at $42000 I'll sell

Pump is different than rise.
Pump is what happens to pump and dump shitcoins and it can not be sustained, which is why there is always a dump.

This is not a bull trap because what we had before it was a bear trap.
Another reason is because bitcoin was and still is undervalued. In other words bitcoin was in something I call "reverse bubble"[1 (https://bitcointalk.org/index.php?topic=5078452.0)][2 (https://bitcointalk.org/index.php?topic=5339896.0)] and that had to pop.

How can you say that its a bull trap? Bitcoin moved 30% up in 2 weeks but did you remember it dumped 30% in 1 or 2 days only and then it took months for this recovery. I think this is not a bull trap. We have a negative bearish, Nov, Dec and Jan. Now i think after a long three months of bearish price action, bitcoin may stay a month or two in bullish mode.

Yes, in the last two weeks, bitcoin and cryptocurrencies in general have been rising in price quite well, gradually recovering from the last big drop in November. This seems to mean that the market is coming out of a bear period. To say more definitely, you need to watch the prices for some more time. Bitcoin could well hit $50,000 right now. Well, we'll see. It looks like there will be many more ups and downs.

I believe what the OP said was, "this can't be bull trap" and I believe we are all agreeing to that. I believe the next two daily candles will further give a clear confirmation of this even though the chat already shows some clear resistance broken.
https://i.imgur.com/EoIvvtg.jpg
If we close above the blue resistance line that has been a support line since 2020 and makes that a support line again, I believe we could see s good upward rally as long as there is no new FUD  :)

Just my view.  

I think bitcoin will hit $50k+ again in this year.Previous 1-2 wekk ago bitcoin price was under $33k and now bitcoin price $42.5k+.Bitcoin touched already $42.5k+ again.I hope market again grow up come in days.I hope bitcoin price will surprise us this year.

Very possible and not that far. Just think of how bitcoin went from $32k to $42k-$43k today. If the timeframe is within the year, very possible to move back into that price.

It's already growing that's everyone is becoming active again when they see the price of bitcoin starts to go up. I guess global markets have some little pattern to bitcoin's growth. If the debt of US keeps on increasing, inflation goes up and bitcoin really is going to be a hedge against it which will make the price rise inevitably.

Perhaps you'd sometimes wonder how it comes but naturally, that really be going to happen in a volatile market as I think, everything seems to be unpredicted. What I think for now is the market will get back to $50k and make another flip down again. Although it can be possible for the ATH, however, that demand seems not too high compared to the last bull market, I'd predicted the market won't get too bullish this 1st quarter. Not too likely to see but I wish I could be wrong, hopefully.

Well, its kinda surprising to me that we saw Bitcoin touching above $43,000 after reaching the $35,000 in just 2 weeks.
Base on the Fear and Greed Index, investors are not still feared but unlike weeks ago that they are extremely feared.

Still, I'm not trusting this rise that happen with the market. Though I bought some Bitcoins when it is below $40,000, I want to go below it once again :). The opposite of it can happen though and we might see Bitcoin go up again but I'm leaning more on the market going down in the next days but if it doesn't happen then I'm still happy that I bought at the near bottom.

It's too early to call if we are going to rally to $50k, but it good to see that the price did hold at $41k and continue to go up to $43k (although it's rough $42k right now).

So we can't say if this is a bull trap or not, there's a lot of factors to consider, like the sentiments and even the global financial markets right now.

I am not seeing that bitcoin will attain its new ATH soon, but will slowly go up again to about $50k level. We can only predict this market and grab our opportunity to buy if we feel we are on the right track. The volatility factor is still one attractive feature of bitcoin why a lot of users are going into crypto market. As we can see, only couple of weeks and you will see your profit. But of course, it is not always that case. If you are in this market, you already know about the up and down movement of any alt, not only btc.

I've placed my buying order from $40K to $20K, 20% of my buying order has been filled, 80% is still pending. I'm expecting a double bottom like previously happened.
Last May when correction occurred, BTC just fall into 30K in a sudden after that a double bottom brought the price down to $28.5K.
If my prediction will go in the right direction and all of my pending orders will fill then I will remain in the market until it touches $100K. I believe we will see a new 100K trend after May 2022.

https://i.imgur.com/eKgNUv1.png
 

This is good news today 1 bitcoin price to USD is 42,782.40 almost 43k, we don't know what will happen in the next few hours it might increase speedily,this is right time for hodlers to sell  their bitcoin, its just that one can not predict the rising and falling of the price.

Do you guys think the bear market may have ended this soon? Personally, I was convinced it would last for months and months, well into 2022. I really hope I was wrong.

I'm hoping this will be a sign for bulls to come back.
Seem easy money for someone even on the spot market so I'm skeptical in buying back my coins. And might regret hard if the bulls keeps breaking out the resistance. Well a price to pay being paranoid all the time.

33k to 42k is really going to make investors feel the fomo. Just thinking how much I'm ganing already for that bounce will fund me for more than months.

I also hope this is the end of Bulltrap we all know how whales manage the market so easily starting with pump then dump into dip. I am the same as you starting to enter the market at this moment of the bounce back again. i dont wanna regret to lose hope when Bulls keeps run. this the best choice that i have to do for make me relax without regret. I think this week bitcoin will close the candle stick at $48K. Hopefully

just a suggestion, it's a good idea to improve your post again

talking about the price of Bitcoin, I think a new ATH will be created again this year, it will definitely happen. 2 weeks ago Bitcoin price was below $35k but in the last 24 hours the price has moved up 4.6% to $43k

Bitcoin price volatility is amazing, for those who didn't buy at $32k, you really missed a big opportunity

very possible if there is no fud anymore, 50+ will be easier it should be in Q2 later if fUD is not playing ,

That's my own opinion as well, because bitcoin has experienced such a 30 percent increase in just two weeks, and the graphs are in recovery mode, I believe the bear market has come to an end for the time being. Those who are still waiting for a deeper dive should start investing now, because Bitcoin will soon bring smiles to our faces.

You should decided to invest back in crypto when the price at 32k actually, doing reinvesting in crypto is not about at the specific price but you should do the gradually investing everytime the price goes red at the market, so you won't doubt at what price you will re invest your money.
I'm pretty sure there will be another bear run in near future before the big bull run, but prepare for any condition is the best thing to do as always

I doubt that your expectation of another dip or a double bottom might not happen cos looking at the chat right now, Bitcoins price is currently trading at around $44k+ and I believe that there is a good support area here, I think it is going to be a gradual uptrend from here. 

Too early to draw any conclusions. This is probably the biggest recovery we've seen in months so it'll definitely attract more fresh capital into the market, add in a possible shift in market sentiment and the words "bullish" and "buy signal" being thrown around in social media for the first time in what feels like forever, and yeah, something's brewing...
but, it's only monday, i'll give it a few more days or maybe a week or so to see where this goes before making some decisions... For now, let the dumb money pump the price

I don't think that this is a new condition like this. We all know that bitcoin price can drop to be very low only several times, and will also increase after struggling several times also. The up and down of Bitcoin is normal. For, it is volatile enough. What makes it worse is that we are feeling too panic to face the dropped market price of Bitcoin itself. Because it will always influence altcoins. Additionally, Bitcoin is a big thing, once it is dropped, media will rise up the issues more and more, many FUD will spread everywhere.
On the other hand, when the price of Bitcoin can rise up very high, many Ponzi and also hype are also around us.
So, just follow the flow of this market.

This is not something that we are not going to know until this year ends, however there has been a lot of speculation about bitcoin being in a supercycle, what this means is that instead of seeing the classic drop in the market after the bull run we could see corrections but then the price will push even higher each time, if we were to reach a new ATH during the next months the possibility of the supercycle theory being true will rise up significantly, after all when it comes to the 4 year cycle of bitcoin this was supposed to be a down year and so far things have not being as bad, even if a decrease in the price has indeed happened.

One of the things which is really good on dealing with crypto investment is that you could get 30-40% gain in shortest time as possible which could really give out that kind of opportunity
and that what makes it interesting but of course it would really be that risky for you to deal off with but if you could bare that thing then it wouldnt be an issue.
For those who had missed out those chances on buying then for sure they are really regretting as of this moment as the price is climbing upwards
once again.

We know it is impossible to expect no FUDs. There should be FUDs after a big increase, it is something usual to happen. So far, we already have 2 big negative news, crypto ban "Rusia" and "China". As you know, it brings big impacts to crypto market. Now, imagine if the bad news comes from USA? I am pretty sure that there will be a huge drop in Bitcoin and Altcoin prices. I don't want to spread FUDs, but trying to think more realistic!  ;)

*Still too early imagine BTC price passes $50k.

I'm inclined to believe, with upcoming rate hikes, this is a bull trap and we'll be heading to sub-$30,000 this year, but I could be wrong. One fundamental factor that could propel bitcoin above $100,000 this year, or close to it, is rising adoption. The entire industry is experiencing exponential growth. So it's possible the bear market will be shorter and shallower than previous ones. Only time will tell if we are in a bear market like I believe.

You didn't buy at the price below $35,000? Were you thinking the price would still fall further down? You'd rather buy when the candle is green and not when the candle is red. But of course it is better to buy at $42,000 than buy at $48,000 or higher.

I'm looking at the possibility that the bear market is already finish. Not only has the price moved quickly past $42,000, the price has in fact conquered $44,000. This could still be a trap but more unlikely. There is already a somehow sustained momentum.

well, now the price of bitcoin has gone up to the price of $ 44k, and soon to the price of $ 45k. looks like, the $50k price tag will actually hit. well, I'm targeting that price. whether this is a bull trap or not, but if this price continues to hold or continue to rise, I think altcoins will also recover from the dump that occurred a few weeks ago. let's hope that this is a signal for a new bull run.

Absolutely right, it doesn't look like a Bull trap, it is real bullish reversal  after almost 60% correction from its ATH. Historically the month of February has been Bullish for Bitcoin. It is sigh of relief that price has recovered almost 30% from its bottom of 33K but I think still it need to increase further to 53K to be sure that Bitcoin is in Bullish zone and it will certainly trigger massive rally in Alts coins.

This is a common occurrence when bitcoin price changes and jumps so dynamically. Judging by your profile, created in 2011, you must have seen this many times and could get used to this scenario.


Calmly. This minute ups and downs mean nothing in the long run. Do you propose to hysteria and rejoice on the ups, and then sob on the downs? Do you need those emotional swings?

What I believe is that the rate hike will only affect the short term. In the long term it will not matter the monetary policy or any other FUD, Bitcoin will continue to rise.


I think this is what is really important. Despite the ups and downs of the short term, there is more and more adoption, even institutional, you can pay more and more places with Bitcoin, the hashrate keeps growing, and so on. These facts and the intrinsic characteristics of Bitcoin that make it the best for storing and transferring value will mean that, regardless of the short term ups and downs, as I said before, in the long term the value will not stop rising and rising.

The only thing about the Bitcoin price that is certain is that nothing is certain.
OP,you shouldn't say that this isn't a bull trap,because it mind end up being a bull trap.The Bitcoin market can always surprise us.We have seen such fast price recoveries in the past,so this price recovery isn't a something unusual.Perhaps this is just the BTC market being volatile.
I'm pretty positive about the future of the Bitcoin price in the upcoming few months(assuming that there won't be massive FUD coming from the big governments).
However,I don't expect a massive bull run in February and March.

Some people are so shocked by the drop from $60 000+ to $33 000, that they will be reluctant to climb back in during the recovery period. The Fiat investors are not used to extreme price volatility, so a drop like that will definitely scare the pants off of them.  ;D

The opportunist would have jumped in at $33 000 and made a $10 000 profit per bitcoin in the two weeks, if they listen to the old Crypto enthusiasts on this forum. (We see a massive drop in the price as an opportunity, not as a disaster)  ;D

Warren Buffet said, "be fearful when others are greedy, and greedy when others are fearful.”  :D

If you see the price history charts then every fall is accompanied with little pumps in btc and many are happy and surprised to see this happening as they grow from $34k to $41k at first and now it's above $42500 but calling this bull market is not still not efficient as any negative FUD surrounding it can again push it below.So according to me observing it for more time and holding is the best option that can give you profits at last.

There could be another downward trend for a while to fill out the gap that we had recently when we have reached the ATH. I think that it would be beneficial when you try to buy continuously depending on the trend that we have. It will be a hard decision if you take it as something like a sign; it can be your initial sign and buy in more as time goes by.

We will see if it could rally to $50k right now, it's up to $45k and obviously the next barrier is $50k.
And this kind of rally is huge for this month, others said it's unexpected but this is what crypto market is. Although there are some patterns and TA is being used, most of the time it's a hit or miss. So let's see how everything pan out, I personally thought that we are in a bearish phase but I have to accept again that I'm wrong.  ;D And lucky for those who have bought during the lowest low of $32k-$33k.

We should be happy, good days are coming back. Soon we will have 60k also.

One thing I am surprised is that there is no reason pushing the prices back up. It means that bitcoin has a lot of strength on its own and thus people invest in it as they believe in it. It is a good thing for all the long term investors as they can be assured of positive returns on their investment.

actually the main pump happens days ago from 37k to 41k in just 1 day and now reaching 44k in just 1 night. so yeah Bitcoin is in the hype position now and hoping this will be the breaking of 50k this week as we have been waiting this for months now .
I am ready to take out now and re invest in the future because there seems to be more of this dumping to happen soon.
lets see what is the next 2 weeks will bring and decide for our own to what will be our action towards this .

Actually this is what scares me the most. People are buying due to FOMO without any solid reason to back up the price growth.These kind of price built-up can be easily break once someone manipulate it by creating a massive order. The only reason why the price continue to pump is because retail investors is pushing the price up that's why the price the price is moving slowly in parabolic pattern. In technical analysis, this is a very bullish pattern but there's no fundamental analysis that backing it to make it long term. I really that price will continue to grow and good news will come. A single bad news might reverse everything again.

You are clearly a newbie in the crypto world op. The fact is that BTC and other cryptocurrencies don't really need a particular reason to rally or fall in price. This isn't the first time that this has happened and it certainly won't be the last.

This is an extremely volatile market which behaves in unpredictable ways which is why most traders never end up making a profit.

Some days indeed BTC has been running up, some resistance has broken and has passed the price of $45k. If you look at the TF 1D candle maybe at this time they need a slight correction to support around $ 41k. My expectations don't break below that price. Next I think Bitcoin could run again to a price of around $49k. This will certainly also affect if there is bad news, it is possible that the child's bulish ends because of it. So I think we have to be careful.

Be careful because we already see the temporary top price for bitcoin at $45,293 so I guess we will see another correction. If you wait for the correction, you may prepare your money to buy back but if you want just to hold, you can do that and not think about the price movements.

Bitcoin is rallying towards $50k, but that will not happen in a day so you need to wait and be ready with your target price. But it could be a bull trap because I consider that the price is hard to predict.

It's back above 43k now and it looks quite bullish, hopefully next target will be around 50k too. Maybe the bearish season really is over.

The rise is one of the possibilities that could happen once the price had touched stagnancy, it is good thing that the price is going up and the support for bitcoin is building up again, though I consider that it should be supported more when the price is dropping.

It may or may not be a bulltrap. If you are selling, do it already and wait for further movements. If you are looking to buy, you missed out on the opportunity of buying at low and hence dont buy. This is the best advice one can give during a suspected bull-trap.

However, it will be worth watching how bitcoin turns this week because although many are expecting a bullrun to start and hit 50k USD again, I think there is always a chance for it to go down too, support at these levels have been tested few times and it will be worth watching and placing some quick orders.

i will alway goto which price has a sign that showing a good structure wherein no to first break out or whatever it is as long as i have all the information that can convince me it's fully bullish mode i will invest immediately. Actually I'm a spot trader/investors so for short i don't use leverage.  :D

One thing i have come to understand is that there is always money to be made in any market situation, all you need is capital and the courage to take the bold step,
Now imagine putting in $33k to buy btc ignoring all the scary speculations a lot of people were saying online, following your guts and buy while others were predicting bottom, now btc rose to $43k and you already made roughly $10k within 2 weeks, despite being in a bear market you can still make a profit if you are courageous enough,

On the other hand, it can be the opposite and continue to dip more and your investment will be at risk, so like I said, you need to be courageous and have the capital hence if the market dips you won't be too worried and be ready to hold for recovery.

In fact, it is not as easy as it sounds.

How do you know $33k is the lowest bottom, It could be gone below $33K. When Bitcoin dumped to $40K from $70K, people thought that Bitcoin would not go down below $40K, those who invested that time suffered losses.

You will never know which is the lowest dip, such short-term trading is very risky, both physically and emotionally risky.
People should be planning for long-term investments to get rid of mental stress.

It might be and it's also possible that the bear hasn't arrived yet. The dump that we've seen was just a natural correction. Because bearish season is totally hurting and price that it pulls for bitcoin is too low. Right now, it's still testing to go above $45k.
The sooner that it reaches to $45k, it's more worrying because it won't increase continuously. Like what it is showing right now, there's a slight delay and small correction.

Yes, according to some bitcoin researchers, came to discovered that bitcoin is reallying towards $50k before the end of this month of February. Those that saw the price few days ago when the price was reduced to $40k but right now it has increased to $44 which is about to hit $50k for people to start smiling with their investment.
It has been confirmed by some investors that it is a bull trap to investors to know that the bulling crypto market is preparing to go higher any moment from now in the community. It will be difficult for bitcoin to reduce more than $40k in this season we are because it always change positively during the month of February for investors to prepare well to embrace a good change in their investment.

Maybe it was already here. By the amount of shorts liquidated in the recent days you could see that the majority was expecting Bitcoin to go down. The majority is usually wrong when it comes to market predictions.


A natural correction would be much smaller and not coinciding with US stock market drop. When you see people saying it's over for Bitcoin it usually is the time to buy. At the same time when the majority says now it's time for a new high is when you should be cautious.

The funny thing about bitcoin price is I see many people complaining about the price situation and telling bitcoin price is going to drop whenever the price goes down in short time frames just for a little bit, but the price action of the bitcoin answer them clearly and we could see bitcoin above 43K easily after only weeks as the op mentioned here, however, and regardless of all these I believe whenever we talk about bitcoin and cryptocurrency markets we should change the aspect of the view and should go for a short term investment so we don't need to worry about the price that much.

We couldnt really just stay on a certain condition for too long just like when we are seeing a dumping or crashing market on which people do really believe that it would really be over or going to zero

thats why they do normally freak out and having those kind of assumptions on what would happen in the market which is really not that true or realistic.

This volatility is the main reason on why we are here on the first place because if you dont play out with these volatile prices then you would be easily be fucked up.

Not all people take profits although the price is increasing from $34k to $45k. Some people didn't buy in the dip because they already spent all their money when the Bitcoin price was above $50k previously. So, they only keep holding their Bitcoin and altcoins. Except Bitcoin price can increase again above $60k, I assume most people can take profits. However, I don't think Bitcoin price easily jumps to $60k, it is still about $44k.

Can you explain more?
There should be always many reasons for Bitcoin to increase or decrease. Good or bad news about crypto or Bitcoin can appear at any time. We cannot claim that will be no longer news to influence Bitcoin price in the future. It is impossible for sure.

We saw a few days ago when Bitcoin suddenly became dumping. Dumping is located in 33k dollar. In such a situation people are very worried but now the market is pumping a lot We can see that Bitcoin is currently in the 45k dollar. But I don't think the price has come down the most this year

The mystery about btc market is that we can't really pinpoint the reasons why the market is dumping or pumping. It is always the combination of so many factors. So you need to keep up with the news in the market. There will always reason why the price is dumping or pumping. Maybe, we are not very aware of the news surrounding us.

Well, its good to be aware of the news that can impact the movement of the market because we can get an idea on whats happening and understand why the Bitcoin and altcoins are moving on that direction.

However, even if we know, there's nothing much that we can do about it so it should not be our concern. Regardless of the market situation, it would be best to take advantage it and think of what you want to achieve. Its normal that the price is moving upward and downward so be used to it.

But i think 45k wasn't enough because the barricade stands at 50k since months ago so yes we can see the candle but what we need to see now is the increase per week and not random hyping as this seems to be another Bull trap for me.

like i said I am ready to sell out for a while because the price this past weeks really not making any sense for me.

Lol 45k had just taken for a few minutes and fall back again to 44k and now at 43k .

I wonder how the lower bitcoin price will go down because it seems the price does not move anywhere and stay at a price now. But it could be dropped for a little and stay again at a lower price. That is something that we need to anticipate, but some people who already sold their bitcoin at $45k yesterday can start placing their order at $40k-$43k because who knows, the price will touch that price bounce like before. There is no sign where the bitcoin price will go, but the correction is not over yet.

This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end

If people are in Bitcoin and not know that news can and always has affected market situations,,, then I guess they have a lot to learn. If you went to any basic school you learn a bit about economy and the past market crashes like the great depression.

This does not equip you with any better knowledge about where the market will move though. Hence people think they can always outguess and get rich in the process.

Hodl Bitcoin.

The bear market is sure going to come to an end, but it is not as some people have been saying it. Some people are making it seem that it is something that would happen as soon as possible, but I don’t really think that is going to be the case. This bear trend is definitely going to stay around for a long term, and we should be ready for it. If that you haven’t invested yet, and you are someone who is interested in being a long term investor, then now would be the perfect time For you to also get yourself prepared for the future of the increase that would take place in the market.

Yes, the market has been bullish, but I think this is just the regular bullish of the market that wouldn’t really get the price to any too high price like getting to the point of reaching an all time high price. But this is quite good, especially for those who always have plans of getting in and out within a short term. But for someone who has plans of long term, then the time is not yet right.

The market is doing quite well, and all of us are looking towards further increase in price for now. Although this is not the first time it has done this as of this year and of last year, the price did go from around $30,000 price To over 40K and then it still wrapped back. Let’s see how stable it is going to be now and whether it would continue to push further upwards.

It all be good now, actually. But somehow, many are still thinking about a trap and consider this current situation a curse for them to lose. In fact, I don't see it either. Instead, we gonna see it moving high and reach back to $45k.

Honestly, I was very optimistic about the incoming. Not to say we gonna be in stable movement as volatility is still there but just to give hope that we experience more on the pumps rather than of correction. Whether people are right saying it was a BULL Trap but for me, I'm ready for it as I invest already. Perhaps, we are clueless which give me no worry.

The same speculation and also many people now thinking that the price might surge or dump based on my technical analysis might be a bull trap but again it changes because of the market trend and graph so might be the whales play for a while or it's another uptrend as for now the price of the BTC already touches at the 45k USD and there's a whale drop a 1k USD the reason why it down again to the 43-45k price still we need some confirmation again if this year will be another ATH.

What a great move in bitcoin price. Bitcoin price is now stable and increasing day by day. After a big dump from 67000$ to 33000$. And now what a great pump of 10,000$ in just 2 weeks. But alt coins are still not pumping. I hope that alts coin season will start soon. When price of bitcoin is  getting stable. Now, most of alt coins are available at bottom price. So, its the best time to take entry in alts coin. I hope this year will good for bitcoin. And its price will reach to 100,000$ until December 2022. So, keep your holding tight.

Finally, the situation changes as the price is already back to $45k, according to coinmarketcap and Binance but then it is down for a while. The price gets pumped in a second and makes the price fly. Hopefully, it will go back to $45k and break $46k. The bitcoin market also impacts the altcoins market and makes many altcoins increase and it could get more pump for some coins.

Bitcoin has become stronger now, so it is better to set an order sell if you want to sell your bitcoin. But if you still want to hold bitcoin for more, that will be okay.

You know what they say, there is not really better teacher than experience, it is easy for people to think that they are going to come to this market and that they will make a lot of money, but it is not until they experiment a drop in the price of bitcoini n which we can tell if they have what is necessary to succeed or not, after all how many people got scared and sold their coins when the price of bitcoin dropped? I think many people did that and now they are probably lamenting their luck, when in fact luck had nothing to do with it, and it was their lack of experience what made them to lose their money during that drop.

Nothing to say, it's pretty normal to act like that when you are unaware of the business that you are taking, experienced helps a lot

when deciding in each situation that you are experiencing inside the market, it's tough seeing your money quickly depreciating while holding

your bitcoin, fear simply conquering you and the next thing you know, you already sell and lose portions of your invested money. If you are still

on the game, you'll take that as opportunities to learn and adjustment will give you good insight into what's your next plan to convert each sway to

favor you.

It's not odd, I mean if you were to look at what the past looked like, there have been many instances of traps in the market that happened. I mean it wouldn't be that odd for another dump to happen, and by then people would really be fearful and probably sell. I'd honestly just take it as a good sign that the market is slowly recovering, I just hope no big pumps happen since that again might cause the market to crash down to even lower levels than what we have right now.

That's correct, many traps in the past has been set, when we thought that we are in a bull run, suddenly the price will go south. And then it will rebound again, as it someone behind is playing the market for us. So just like what I said in the past, be wary and cautious of the sudden spike in 2 weeks, the more we grow the higher we fall, just saying.

The correction is coming again. You have what you want as bitcoin gets another correction to prepare your money and place your order. I hope you can place your order buy at the much lower price with not too big order buy amount so you will get various buying price.

I consider this is a weekly correction so hopefully, in the next week, bitcoin can rise above the last high price yesterday. I believe sooner or later, the price will be back to the last ATH.

I think Bitcoin at 43K is  certainly above psychological barrier but I won't be comfortable unless it breaks 200 DMA which is somewhere around  above 50K, then we will be sure that Bitcoin is in Bullish zone. During the current week Bitcoin is consistently getting  rejection above 45K which is worry some. The next strong resistance is at 46,200 which hopefully will be broken during the month of February.

We will see, if the price going forward is bullish, that barrier should not be a problem as the current price is still way lower compared to the ATH of bitcoin which was achieved last year. Going forward, we don't know if the correction is already over and what is happening is just a bull trap but eventually the price will dump.

we could only think that the correction will be back again if the price of bitcoin falls below $40,000 again, while the price is accumulating above $42000 it will go up very soon, but if the price drops below $40,000 then we will see another correction that can pull the price below $35000

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

The crypto market is not stable currencies fluctuate and become popular as prices fluctuate the market can be a big pump so it's a good time to hold on. Bitcoin is basically a transaction like shares or currencies in the world of internet so its price fluctuates regularly the dollar or the euro itself is the medium of exchange in some countries of the world. Bitcoin is used as its own currency to a limited extent it is expected that the price of bitcoin will increase a lot with the price of bitcoin.

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

I am pretty confident that in these times seasoned with uncertainty (we have pandemic events related to covid19 and winds of war between Russia / Belarus and Ukraine) bitcoin represents a certainty, a single currency capable of overcoming any border. I think price could jump again, it's just matter of time ;)

it's below $43k unfortunately, as you have said, the barrier is too much that the push has failed again. We might see the price not moving, unless there will be a new set of money coming from any source, i.e. stock market. So the sentiments are back to scared if I'm not mistaken, a indication that investors are again afraid of the current price movement and being reluctant to engage. So will see how it pan out, let's just be positive that the $45k barrier will eventually breach this month.

The I'm seeing Bitcoin regulations recently i think if it continues to use this measure it will accelerate to better height before February will round up, actually it started it's movement some weeks ago and it picked up on the stage price thirty three thousand (33k) within short time it encroached to forty thousand (40k) and it's in between forty four thousand (44k), so we are expecting Bitcoin to get increased to fifty thousand and immediately it landed to fifty thousand (50k) we will be sure of bullish time and it will be obvious that we are out from bearish period.

I think the majority of the people that have been here in this market for a long time have gone through something similar, it is rare the person that only invested in bitcoin and never sold in panic, they exist but they are a minority, the rest are people like us, we experimented by buying other coins that at the time seemed like they had potential only to lose our money, eventually we learned from those mistakes, and we recovered the money we lost and more thanks to bitcoin, but it was a long and difficult journey that unfortunately not many can endure.

Influences from investors are really affecting this situation, if big bag holders will hold and not to add any additional fears to the market,

we may see good bounce back while building good barrier. As of this moment, it's below $43K again that attempt to reach $50K did not

materialize, better to hold if you have already assets inside your wallet. If you have spare, it's also good to buy more.

Droping of bitcoin price to 1000 - 2000$ is normal and we cannot say that will trigger the chnage of structure. However, in case bitcoin drops to 5000$ points, then it can be some thing to worry about. Also, since the future market is very popular, we never know if the bitcoin price dumps signifiantly and then pump back up giving traders a false break and liquidiate them. As long as bitcoin is above key supports level, we are in bullish momentum.

I think the only people who never sold in panic would be the extremely lucky ones who bought at the most lowest price and then never saw losses,,, for example anyone who bought in March 2020 when BTC was below $4000 and then price just rose and rose,,, never saw 10k again since passing.

Then looking around them and seeing the fate of similar coins, that never kept value like BTC, it teaches you to hold.

Most of the professional trader setup a One-Cancels-the-Other Order(OCO) so they are not panic selling no matter what happened on crypto price since they are doing an automated trading with discipline. Taking profit is part of trading but you should not sell your asset just because you are afraid that price will go down but rather it hits already your target profit range that's why you are selling. Many traders don't have goal in trading that's why they are doing holding and selling in an improper way that usually result to loss in profit rather than a consistent gain if they stick to there strategy.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of  weekly candle above 46K.

And now another surprise spike in the market, we are almost $45k today.

Just shows how the market is very volatile and hard to predict. Last week, it seems that the bull run is over, but in the last 24 hours, despite the so called war in Russia vs Ukraine the price goes up and the network is somewhat clogged again because I try to transact with the usual fees and it is still pending, meaning many are also doing the same and the buying and selling are very high causing the fees to somewhat go up as well.

Yes, most likely there is, and it's absolutely incredible. Because during 2020-2021 the price of bitcoin continues to rise until it hits a new ATH which in my opinion throughout the year and every increase that occurs, many people will sell because they feel panic the price will go down again.
and the price of bitcoin in march 2020 was around $4,000 and a year later in march 2021 the price of bitcoin reached around $54,000 and if I count the full year I can't imagine profit and very lucky.
and a year is not a long time to hold it in compared to 3, 4, 5 years. And what we have to realize is that bitcoin is not easy to predict due to its volatile nature.
can change significantly in the long and short term, and it takes a lot of patience when the price goes up or down to consistently hold it, and wait for the right and very profitable time to sell it.

That is definitely how it is for professionals,,, which I believe is very few among forum traders, and fewer among retail traders which I think I was referring to (which I guess most of us are if we ever trade). The most "pro" tool I ever used was just trailing stop limits, but even in this case,,, I know the temptation of tinkering with settings in live orders.

TP and SL is non-negotiable pro or not. Anyone trading without those is not trading but gambling. I always always believe in this.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

You are absolutely right that first Bitcoin has to break 45K then we talk about any further upside. My optimistic view is based on positive news coming from Russia about troops pull out from Ukraine. I think if we don't see any further escalation in tension we might see a parabolic candle and Bitcoin will break above 47K becuase next restsnace is above 47K after breaking 45K on weekly chart. DYOR

The current price is $44,212 so its already close breaking its next resistance at $45k price level. If there will be a good push by next week like having positive news that will leave huge impact, then bitcoin will not only hit $45k but it will be heading for a $50k price level. I guess this time, having a bull trap is less likely to be more possible since the market has started to be more stable again, along with potential altcoins too. At the end of the day, there will only be two possible paths, that we are heading to another bull season, or we are heading back into another price correction if the market is affected again by the insignificant news and updates.

The growth is real, and if has happened without any form of manipulation. Price of bitcoin after reaching $43k took long time to cross $44k. Now it wasn't able to break $45k and as a result once again it has slipped down to $44k. There is more speculation on price reaching $50k, but as of now I don't think market is highly supportive. Maybe some positive news or a big adoption news from corporate will cause a upward move.

staying in 43k level till now for couple of days now , if this continue to hold then maybe we will be seeing the  50kish value in the following days/weeks.

45k had been broken several days ago mate though this does not stay that long  meaning we are still hoping to that level staying and that is also the barricade that will dictate the growth again.

The price is really moving in small margins which it can be called as a usual or typical day here on crypto on which it is really hard to determine on what would be the next possible movement that we

are able to see that the price is stable like but we know that it isnt really that assure that it would last for a while.It could move out directly without even us knowing.
Price is volatile as always thats why when you do make out movement then you should be wise on doing that.

It's because the price is really that low in the past, remember the $33k lowest low? It's the price that mostly investors got, and then we have the support at $40k which is good to enter the picture as well.

That's why the price is on steady growth and yeah it's real for now. And even if there is such negative news around, the price is steady and we could really reach $50k before the end of February.

We do hope that it will break that big barrier because so far in the last two day,s the price keeps on teh $44,000 range and there is not enough push heading to $45,000. We even had the price going below to $43,500 so I guess we will have to wait for that $50,000 price against. I will agree that we need some positive news to break that barrier, but so far we haven't had one so maybe we will see it trading sideway for the rest of the week.

Its just failing the weekly average, pushed back to monthly average (https://talkimg.com/images/2023/06/12/AkaFz.png) and below the 50 day average which is probably most important measure of the three for momentum in BTC price action.
  Regaining the 50 day average, keeping above the monthly also would be bullish reaction.  My doubts come from the higher volume seen in the sell off but if we trade above and stay there then it can recover.  Also dollar isnt much higher.

And as we loses this averages, we might see the price losing it's support as well.

But it's good to see that the bull are fighting it out above $40k line, as we all know this is very important line of support. Losing this will obviously means that the price will go sub $40k again and we don't want that to happen because it will cause another panic in the market.

$40K is not meant to be a strong support at the moment in my opinion as it is likely to be breached if panicked traders in response to negative issues persist. I don't know what the reason for the decline this time after a few days ago had risen to $45K, but I would still consider it a reasonable correction for bitcoin.

As long as the panic isn't tempered by bad negative news then $40K can still be expected to hold, at least. But considering bitcoin can dump its price by more than $5K in a day then $40K is very weak support at the moment.

No doubt if the market failed to hold that range panic will follow, fear will form bearish market and the aftereffect to weak holder

is nothing but to lose their money, though for experienced traders the sway will give them another good opportunity to buy knowing or believing

that the market will bounce back and give them the benefit that they are aiming.

I do not think that there is a panic in the market right now, it is totally understandable to see something like this happen after a big increase. 40k is not a strong support but it is not a bad one neither, so it would not be easy to break it, certainly not hardest to achieve neither but not easy too. It means that there is a good chance we may end up seeing the price go up after this.

It could just be a simple correction and then price would continue to go up. We need to get rid of people who are selling for a profit right away and we will continue with people who think it will go up. You have to sometimes do stops here and there to let some people get off on their stops and then you can continue to rise.

It's good that there was no panic during this dip but today $40K has broken out despite currently trying to recover above $40K. A recovery can be expected after this correction, but the slow movement makes the recovery last longer.

We can expect the best in the long term but I believe we really have to weigh the risk of loss in the short term especially if we are not long term investors. Since mid-February to now bitcoin has lost almost $5K in price and I think the decline will continue until the end of this month "hope I'm wrong".

Its breaking down a bit today and the volume is higher with the lower prices also which helps confirm the break of the trend up we had since the bottom pricing.   Does appear we need to go through a larger recovery to get past all of this.  Dollar was up today
https://talkimg.com/images/2023/06/12/AkUd5.png

Below 50 day and monthly averages.   Use 39.5k as a tide mark, if we do maintain that as a low for this weekend going into Monday, I would then be more optimistic of resolution at this price rather then a breakdown, we can build from there.

I think, in the midst of market conditions that are no longer filled with fear and increasing optimism in the crypto market, bitcoin is starting to show an improving performance where the price of bitcoin has increased significantly until it breaks the resistance level in the range of $40k. The current price increase indicates that we are back in a very strong bullish trend and the bitcoin price may be heading towards the $45k price level in the near future.

We are going to be doing better in the long run. We are not going to end up with a low price forever without going up, it is going to be fine in the long run. You should not really get worried about anything like this just because the price went down. Just focus on the future and you will realize that in the long run the price always goes up and we should not be really doing anything that would be terrible for all of us.

I am doing fine and I will do fine right now because I keep buying whenever the price goes down and I will be doing a lot better in the long run as well because I like to hold it as long as I have to. That doesn't mean that I would want it to be zero, it just means that the drops could be advantage for you.

Currently the price is increasing but I was hoping to see lower prices so I could buy at even lower prices. Optimistic is good to hear but breaking 40k again seems difficult to me considering the current global conditions.

45k should not be thought of now. We should focus on buying at lower and strength the 35k and 30k levels first.

There will be ups and downs and the market will keep moving. We have to cope with that and get panicky by these movements. The key is to keep your nerve when the market goes down again.

After last week the price of bitcoin decreased to the $34k area, but now the price is back up in the $39k range. But it seems that the price of bitcoin is still experiencing obstacles to rise again to the $43k area. I think the price of bitcoin still has the potential to drop to the $35k area.

The biggest barrier is $40k, we might cross it though, but not sure how strong is the support at this price as the volume is not that big in my opinion.

So let's see if we break that price and sustained it. It's almost the start of March, and if I'm not mistaken, this month is not that good either for us, might be better to really expect the unexpected again, in my opinion.

what is needed now is according to what you said, hopefully in March bitcoin can be at a stable price at $ 40K and not experience a decline again.
bitcoin's continued streak of breaking through from $30K+ to $40K+ is certainly a sign that bitcoin is looking to continue to rise, but that strength isn't there and has to go back down. currently going into early march again doing the same thing, hopefully it will hold and it doesn't fall back below $40K.

The conflict between the two major countries that contributed to bitcoin quite well, of course, at least clearly affected the many people who panicked and continued to sell. hopefully this conflict is not prolonged and can make good news for bitcoin.

Possibly. The support level of 40,000$ is already over. Bitcoin wasn't able to hold position inside that price range, and now investors can get pessimistic for the next days, increasing btc sales and decreasing the purchases.

Anyway, I don't expect a negative trend to remain over bitcoin for too long right now. With important events happening worldwide and with btc at a cheap price, it looks the perfect scenario for speculators start pumping it again soon. At least for short term profit, like we have seen in the fluctuations last week.

Hate to feed the shitposters but nothing proves anything except that anything can happen in Bitcoin. And as much as I like green candles as much as anyone, I always feel it's always likelier to drop than to rise. Fact that Bitcoin spends the majority of its time coming down and not climbing up actually "proves" this.

Still, remind me of how right you are if/when we get 3 ATHs over the next 9 months.

The increase from $33 to $43 or more than 25% has happened several times, even when in 2013 it was up more than 129% and until now it was the highest bitcoin day increase record that I have ever known, this proves that bitcoin has good power to skyrocketed so I'm not afraid to invest and hold in the long term.

I would not call it a bull trap or a bear trap. 30% movement of bitcoin in two weeks is just normal especially when you expect most volatility because of the Ukraine Russia war crisis.

What we've been experiencing from the beginning of the month is out of the Russia-Ukraine war impact. This has made the market more volatile for the traders to profit. Apart, the increasing usage of cryptocurrency at times make the market bounce and reach the peak. Market volatility relative to an incident will lead to growth after the specific incident or after the market correction which happens after every peak price.

apart from this war crisis, some news like  Biden Issues Long-Awaited US Executive Order on Crypto  (https://www.coindesk.com/policy/2022/03/09/biden-issues-long-awaited-executive-order-on-crypto/) or this latest -Bitcoin-Banning Measure Seen Too Close to Call in Tomorrow's EU Parliament Vote (https://www.coindesk.com/policy/2022/03/13/bitcoin-banning-measure-seen-too-close-to-call-in-tomorrows-eu-parliament-vote/), will contribute in this up and down movement seen this month. but this war has definitely contributed in this roller coaster ride.
if you are a short-term trader and claim to have skills on it, this is your time to show these skills and earn from it.

don't take it seriously mate because the market is still on the same positioning meaning we are still not seeing a great movement instead we are still in the midst of pumping or dumping till now.
who can tell? it can be a bulltrap mate because look at the market is there any sign of Bull running?

We are talking about the type of fall that wouldn't be a big problem for bitcoin, and the type of increase that's not even a big news to me anymore. I mean we have seen these type of increases and decreases many times before in the crypto world and we have to realize that we are in a situation where we should not be really that shocked about the volatility anymore.

It is definitely a bad thing when we go from 68k to under 40k, that was a bad one, and I understand why people would be terribly tired of seeing something like that again and again, we saw it literally twice in 2021 and it's bad. However the drop from over 40k to under 40k happened many times and it's alright.

Really hard to see on how we are going to achieved that in the next 9 months unless billions of dollars are going to flow into the market, but where it will come? from the Russian oligarchs? I doubt it.

We might as well feel extremely bearish in 2022 and shoot down that idea of reaching ATH 3x this year, Lol. At least we won't get disappointed by going bearish.

Unfortunately there are too many people who are scared of any fall that is over 10% and that has existed for too long. I have been here long enough to see millions of people get scared of bitcoin falls above 10%, and it always recovered, we have never failed to recover and even break ATH, it always happens but at the end of the day we are talking about something that is dangerously risky for all of us involved as well because them getting scared and selling causes the price to fall and we end up buying at those low prices and wait for it to go up, but it takes longer because of them.

stop that war effect for a while because that does happen short time,  when the war started it did affect the market but in the long run? the price recovered in just 2 days time and now still handling around 37-42k in which the price when this thread created.
bitcoin will continue to flow in the following years so just don't mind it mate , continue holding that must you will do.

I get the excitement about institutional money, and I suppose oligarchies fall right into that category, but yeah, I still think retail interest is underestimated and their time isn't over. We're still going to need major mainstream consumer utility and demand to push us over into six-figure territory, which I'm certain the next range of ATHs should advance into.

Just basing up alone that it is been placed on the top of the overall ranking does signify that community support is solid which does make us confident that this could really go for long term.
When it comes to increasing and decreasing behavior then it is really just normal because price couldnt really be that stable in the first place thats why these swings is something
that very common and for those who do have experience in the market will surely be taking these events just like ordinary days.

It's a good bounce and yet we are still in the $40k'ish, way below the last all time high we see last November. And it's been four months already and so far the market is not recovering. And we can do is hope but we should be prepared by anything that can happen. Be it that the price will spring up again to a new all time high or maybe it will go on a down ward spiral because of the ongoing war.

The bitcoin price has again traded around $40K today which has fueled speculation of a bigger bull run in the coming days. I still think that this year $50K is still very likely to be achieved even though FUD has raised doubts among traders and big investors to invest.

Bitcoin is still a safe store of value for those willing to take the risk of volatility. They are long term holders who may be very optimistic about bitcoin's great potential in the future. I don't think it's good for everyone especially for those who don't have good capital management skills. Of course bitcoin still has great potential, but in the long run bitcoin investments will only be made by those who agree and don't really care about volatility.

Today BTC is just pushing past the 50 day average, I would not take it as positive until it manages to make that momentum measure a surface to further gains.   So far we have just been moving sideways overall, hence the 50 day came into reach but it doesnt mean we especially beat it right now thats the final test of positivity.

https://talkimg.com/images/2023/06/12/A3kMq.png

The point where people will be able to live fully with crypto, without ever having a need for cash fiat, will be the point where crypto goes to 6 figures easily, maybe even early 7 figures as well who knows. I mean think about a life where instead of having a card from your bank, you have a card from a coinbase or binance or whatever.

You keep crypto in it, but when you want to pay the seller gets whatever they want, if fiat then fiat, if crypto then crypto. It would cost some fee of course and high one at that during starting times but market will drop that with competition. This does exists in small scale but the wider usage it gets the better it will be.

Wondering what would be the climb after this quarter as we are moving forward? its been 2 weeks more and we will entering the 2nd quarter in which mostly the suffering season.
but I'm not losing hope that we will still see the greatness of the market in the 3rd and 4th quarter.

Right, maybe it's because of the news on Ukraine signing law on the virtual assets that's why the price suddenly went into $40k? or it's just the market is slowly rebounding again after a week of going below $40k?

Hopefully more people are going to look at bitcoin in a positive way, safe storage of their wealth or just simply to invest their extra money to make more, specially for retail investors.

Oligarchs is a wise businessman, I don't think that they will fall into the whales group. But just maybe they don't have a choice right now as Rubble is going to be worthless so they might have putting some on bitcoin. But as soon as everything normalizes, they will get out and what's left is for us average joe investors. Nevertheless we are the majority of investors, and speculators so we can keep the market alive till the next block halving and the eventual all time high.

Wise or smart, I don't know. Old money is always smart by virtue of history, but if they're not institutional, what would you categorise them as? Their funds anyway probably are managed by other smart people (another aspect of old money) so if they're not already exposed to Bitcoin, there's no better motivation than a crippled ruble.

I think BTC can be positive but it wont be fast and easy progress, we'll see it challenged often still I label it as doing better then expected.   MY target upwards would be centered around the yearly averages, mostly this year I expect sideways price action to occur not the 100k some hope for.   Once this consolidation is done we can be more positive later

We really can't tell if that particular information has that influence for the market to bounce back. Maybe there's an after effect.

though the chance that investors are seeing opportunities and they are placing their investment back and let the pump to push the value up,

the chance of seeing good bounce and maybe a small pump to attract other investors play again and start investing their extra money inside

This market. Looking forward to see more bounce even in a slow pace as long as there's positive rise still a good sign for traders and investors.

Isn't bitcoin that way for a long time ago? I don't think that what's happening to bitcoin right now isn't something that has happened recently because I am sure that the volatile nature of bitcoin has been present. I agree with what you're saying that you shouldn't encourage someone to buy right now but I think that it only applies to those who are not in the market for the long-term.

Sure, the recovery of the price to 40k gives a good vibes but other than that we also have positive news like the ones related to the war and the recent one would be the executive order that said to bring positive effect in crypto. There's more great news compared to the bad ones so I don't think FUDs can win this time.

50k usd on the other hand can be reached effortlessly, it is just 10k dollars away. Maybe we can expect higher than that i.e 80 plus k dollars? if that happens then 100k won't be postponed anymore. Volatility in btc is important and it can be your ally to earn a better income so why would someone ignore it or wont care with it?

We didn't reach to a high level because they bought it. I mean if this was more like 34k to 70k because Oligarchs got in, I would understand but from the start of this war (even before) to right now, the price didn't change much, to which we can say that they did not have too much influence on the price movement.

This is why I believe that we should not be seeing too much work on it neither, we are probably going to just see some drops, here and there, but it won't be too big to change the momentum too much. It didn't help to get it higher, so it won't hurt it and take it lower. I do not mean not at all, just not big enough to matter at all.

Their was a drop in all the year. It's totally due to some reason. Sometimes due to pandemic, people sell sometimes for their food.Due to basic needs, tbe price was reduced in 2020 and 2021.Now it's due to war, one reason for dump was changed. But their is an dump in  a year. And after the market stabled, always we can find the new pump of the market. Most of the Russian made exchange of bitcoin and bitcoin demand reduced.

I definitely believe that 50k will be achieved this year. 50k is not a big deal at all and it should be something that we should be expecting because of such small difference to current price.

If you talked about breaking ATH, I would say there could be some troubles about it and the price could have been lower than ATH by the end of the year and we may not see those prices, but we are talking about 50k here which is not that much of a big price at all. If we can really do one more rally, 50k should not be hard to crack at. The problem will start after we go above that, will we be staying there and going further? Or will we drop after that price?

We will see how far the war will go and how it will affect crypto in general.

So far there is none or at least the effect is for short term only, but there is no buying from the investors because maybe they have chosen to invest or other assets like gold and oil.

Very early to tell how the price will go this year, half of me says that we are in a bear market, but there's part of me hoping that at least the price will go to $50k-$60k.

The war will go on for a little while and Russia knows this, Ukraine fears it as well. The longer it goes on, the less people care about the war, even right now you do not see it on the news every single day.

This should be something obvious to people because it means that people will not be able to keep their attention on this war forever and that means we are talking about Russia eventually having weaker and weaker opponents for sure. This doesn't mean that we should not be expecting it to go on forever, but the longer it goes the better for Russia and that means we are talking about getting a better result for crypto in general for sure.

Bitcoin price is hovering around $48k for the first time since months tho, after a quite long and annoying consolidation period...
It is hard to tell the exact price and whether there is a single or multiple reasons for it but I think the current war has something to do. People tend to buy cryptocurrencies since it is safer than FIAT at this time.

Very happy because the price of bitcoin this week continues to rise and now looks stable above $45k, I'm sure that in another week or early April the bitcoin price will reach $50k, keep buying and don't sell so we can get big profits.

There was a tiiiny bit of a "fall" at one point and everyone got scared of it. Looks like we are not doing that at all right now. It is once again above 47k and looks a lot more solid than the last time. Everyone is looking at it like a piece of meat and I believe everyone is hyped right now. This is both scary and good at the same time.

It is good because it means that everyone is looking to buy more and more, we have missed the times when people were looking at it like a great thing. But at the same time it means that we are going to have a crash soon, maybe not today, maybe not tomorrow but after every big increase, there is a crash and it is unknown when that will happen.

Even for now I have seen the initial bullrun that will occur for bitcoin, the current resistance will put them at a gradual recovery level, a scheme like this has happened in the previous year, so the achievement of bitcoin price is at its highest, but for now it is too early to judge and make predictions, because I believe that after five months it will be normal, but for the initial sample I think it meets the criteria for a bullrun

We are about to enter the weekend , Weekend situations often have negative closings , The market situation is changing very fast today , BTC is down 3% again from $47k to $45k. If the $45k zone collapses of course it will be a big drop at the close of the weekend. Entry in the red market is a pretty good choice.

It's fine if you want to buy on a downturn, but I don't know of any other reason what you say is good for entering the market during a correction.
The buy-in-dip strategy is also quite preferred by traders or long-term investors, especially since they know that after a price correction there is a possibility for a recovery. However we don't really know to what extent the correction will stop although there is hope that $40K will become a strong support during April.

Whenever we do face correction or price decrease then the main thing we would be seeking is into its possible bottom on which we could really enter on most possible cheapest price for this particular trend.

This is where things to get even more harder on where it do make out some decrease on particular increments and made out some small pumps and decrease afterwards.
Now we are currently going down but still playing around 45. I wont be surprised for this small price pullback and later on we would take off.

Yes, buy the dip strategy is one of most simple and yet effective strategy. So we will see, we are currently in a correction, from $48k->$44k and maybe it can still go down. So just observe at how the market moves so that you will at least have a better way to jump when the price is low. Not when the price is going up because you might catch a falling knife. So right now, $40k should be target bottom for me before I enter again.

Looking at Bitcoin price movements in the last few days has shown that bitcoin managed to breakout from its corrective wave phase in the $45K-$47K area. Therefore, I think the next few weeks bitcoin will continue to move uptrend along with other altcoins.

Should we worry about the next bounce from 46k to 60k or so ? i think yeah , given the fact that the support area has been built really well in the last few weeks .. we won't get down below 40k in the near future especially if we break the resistance at 51k or 55k , we might went unstoppable at that point .. go bags more bitcoin boiiiss , it's never too late to get some more.

the momentum still there and it's once in your lifetime .. as nobody know this could be the lowest price for the next 5 - 10 years. regret awauts.

it is difficult to predict the bitcoin price will return to an uptrend in the near future, the breakout that occurs does not seem too strong for bitcoin to be able to break through the existing price resistance, because the buying and selling volume ratio is still very negative and this clearly shows declining investor interest this week, other than that we can see if the trading volume of Bitcoin in the market seems relatively low so the possibility of a dowtrend could happen again.

a few days ago the price of bitcoin was corrected from the price of $ 47k to the price of $ 44,500 and not long ago the price of bitcoin rose dramatically again. in other words until now the price of bitcoin is still not stable and it is possible that in the next few days there will be a drastic decline or increase in price again. maybe the buying and selling ratio is drastically reduced as most of the investors are waiting for a better situation in ukraine as the negotiations held in turkey recently resulted in some deals.

It's hard to predict if which direction the market will proceed, the chance to fall is possible but we can take it as opportunity again

to buy and wait for another market bounce. If you can trace and anticipate, you'll be able to short and take some decent amount of profits.

It's more on your own personal knowledge to work with the market fluctuations. Just take some time to observe and not to judge quickly

to avoid making mistake.

Yes, by next few weeks bitcoin price will move higher to demonstrate to investors that this month of April is a sign of preparing to hit $100,000 before the end of the year 2022. Bitcoin price always give altcoins opportunity to rise  because whenever bitcoin price is decreasing in the market other altcoins price will start decreasing too and whenever bitcoin price is increasing in the market, altcoins price will be increasing too that is giving many investors to use bitcoin to determine other altcoins in the community.

Bitcoin investors are about to see massive pumping of bitcoin because the price used to change positively every month of April to allow people to make a good income that will attract them to invest more for a bright future.

Bitcoin is currently in an uptrend where the bitcoin price is currently back up to the $44k price range after dropping to the $38k level in the last few weeks. Maybe you can buy at the current price to trade long in the futures market because if the price continues to strengthen, then you can sell it in the $50k range for a profit.

If you are aiming to sell it at a higher range, let's say 50k, it means, you can wait for that period to happen.
Because some people can't wait to reach that price range, and sell their stash when they badly need their funds.
But if you do can wait, and highly believe about the future of bitcoin, you can even buy today at a price of $46k.
It is in your strategy how to take advantage of the market and get the benefits out of it.
As no one will take care of your assets but you, make sure you are not selling it at a loss because you are in a tight spot.

Again, let's not kid our selves and look at $100k this 2022. It was predicted that we will hit this at December 2021 but the opposite happen, the price went sideways and then downward. So we shouldn't look for that price range now, but still remain at the conservative levels of $50k and then $60k. Because if we are not going to hit that price then $100k is out of the picture this year.

We can't really know this and it is impossible to predict that beforehand. You could assume that it would do that but that doesn't mean that you should be able to do something like that. I personally believe that we will be 100k by the end of the year but that doesn't mean that we will be, that is just assumption.

Hopefully we will do that though, I really want to see bitcoin at a higher level already, reaching 70k or more and breaking a new ATH would be very good. We are forgetting very quickly but whenever the price reaches to a new level then we get a lot of people here and suddenly we are crowded and everything is more awesome and we all earn a lot more. I miss those days.

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

True, but in the last 24 hours, hmm, seems the price is slowly going down? I don't know what's the reason for it, from $46k to $43k? that seems to be very alarming now. So I don't think that $50k can be reached this month because we just started at the wrong foot already. And hopefully this will not result to the price going below $40k'ish because it could signal another short term bearish trend, in my opinion.

We are gradually going down and we dont know if we would hit up again below 40k price which might be a good spot for you to have some buy orders specially in 38k if ever we do reach it out but it seems that the price

will hardly able to break that 40k support but lets see if this gradual decline will able to touch that line but if it does then its not bad to make out some re-entry or make out some accumulation on that point but of course

you should prepare yourself on the possible continous price decline but i dont really see any fundamentals or news in correlated to it.

Based on the data from CMC the price of bitcoin have reached $43200 from $45500. This can be considered as regular large scale fluctuation as well as a massive decline. Traders can make use of the opportunity along with the users who have been waiting to make an entry. Once again it looks like the price gonna drop down to $40k and the same seems to serve as the major resistance.

Everyone are eager for the price to touch $50k, but the resistance level of $48k isn't broken. If that have got broken then we could've experienced $50k and the same serves as the major resistance to push the market. For now there is no specific incident to connect the market decline.

We are still far from the $40k, so for now we are in the safe zone. And I have a feeling that this price is going to be a strong support as the bulls are going to held it as much as they can because we all know what will going to happen if the breaks apart very quickly.

Maybe this is just another short term correction that we are seeing this week. And the price could stabilize at $43k in the first week of April. Still good indication that we are still not in the bear market area.

but fails again  that time and tried breaking 48k last week once again? does not enough to take that 50,000 .
this 50k rally are being expected for how many times , now yet we are still waiting.

isn't Bull trap? look at it now dropping closer to 40k again and we may not seen the coming but it will bring down to 30k once again.
and this is what i think coming our way now .

the post are from Months ago mate and that is what OP is telling us, and besides bitcoin not only reached 45k but 48,000 last month and this is the highest price this year  as first quarter already ends.
I am not eager for 50k to be broken but instead i want to see it coming to 60,000 and that is what My aim this year before considering how much will i sell and how much will remains.

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

This could just be a correction, or the start of another short term dip. We can't compare last year price because we are in a different scenario back then. This year, we seems to be starting a bear market. Although there is no massive drop, but if you look at it, from all time high of $69k to almost $30k'ish around January-February, that's a huge drop already. So I will say that it's better to not expect a high price, not even $50k with the current year.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

This is true, the war definitely impacted the situation for sure and I do not know why people ignore that fact. This is a war between Russia, which is one of the biggest economies in the world, versus Ukraine which looks small but they got help from "west" which is Europe and the USA, which caused a big clash.

That should impact economy, not just in crypto but fiat economy as well and companies and everyone else. That's a big deal, and if you want to make sure that you are not bothered by this, crypto is a great way to do that, not just investing but actually earning it as well, would allow you to avoid any of the sanctions and be able to actually work with anyone around the world.

I don't think that people ignore this fact, it's that when the war breaks and even a month after, the price seems to be rallying and even get to the point of reaching as high as $48k.


You might be right, initially it was just the stock market and other traditional financial investments have been affected. But now it seems we can't deny the fact that it could impact crypto already, as the price of most major crypto including bitcoin is already on a decline this week.

This war has in some way influence the world market and so with the crypto market, and we can't deny that.
The domino effect of this war is real extending to gas supply and other products.
And with this situation still ongoing, we need to keep an eye with the market.
Especially if you are an investor, so you know what to do with your funds, invest in some and sell some.

We know that this year is very different in cryptocurrency industry and Bitcoin now is getting depreciating because of war, but in other side of thinking is because of only two country war that will bring the falling of bitcoin world wide, this are things we are suppose to to ask ourselves because the price this year is different from last year

The market reaction will continue as such, a small decline or correction will continue under current market conditions, but that does not mean the correction is a price decline at the lowest point, the next trend is likely that the price will return to a stable path, after that the market will actually act, if it's a bull run it will get better for the future

Don't over-speculate on market recovery because the market will not always improve significantly every moment, a lot of negative news is very influential on a volatile market, now the market has crashed briefly but I don't know the bad cause that brought the market down at this time.

Im making out some research on whats happening speaking off market sentiment or news but i havent see anything which is something not that something new because this market is always been like this on where

we do already have impression on touching or breaking 50k but suddenly we do see that we had plummet instead which is a very common behavior of bitcoins price thats why im not really a fan on making out  some

speculations or conclusions in regarding with price levels because anything could really snap out in a short span of time which is something not that surprising.

the value of bitcoin this year will not be increased than the value of bitcoin last year so I believe by 2023 bitcoin will regain its value and the volatility so bitcoin this time will be lower value because of the market cap. People is not believing bitcoin market this periods because of the war of  Russian and the Ukrain. After the war is over it is when bitcoin will regain its value so  Russian problem is what i notice that bridges bitcoin value this year