Bitcoin Forum

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks  :) :)

It has already started when we've seen the quick drop coming from the ATH. However, you can see the huge difference from this year to 2018.

This wasn't as bloody hell as 2018 and this year is like setting a high low if you get the idea of that. We may go through again two to three years of dealing with another bear market until the bull run comes again.

Like it was in the past, many folks have learned their way and lessons for this recent bull run and they'll apply it when it's come again.

No offense OP, but you posted a video of a few seconds that doesn't show anything we didn't already know. I would like you and all impatient investors to have their wish come true, but expecting anything spectacular in 2022, which is already nearing its end, is somewhat childish and naive. You have to accept that we are in the middle of a bear market, and that the trigger for a big bull run has always been a halving that won't happen before 2024.

This time is an excellent opportunity for all those who want to buy Bitcoin cheaply, and believe that they will profit from it in the future. For those who are impatient and indecisive, there is always a problem - when the price is low, they want it even lower, and when it is high, they complain that Bitcoin is too expensive.

No rather when it is higher some jump in thinking it is continuing the bull run but never know that it has got to the peak and therefore they catch the falling knife. No thanks to procrastination on trying to prepare one's mind to buy. Speculation is still strong for more down but I think buying now won't do much of bad, next year is 2023 and halving will be around soon after.

When we do have that long bearish trend or time of that 2018 then yes it couldnt really be ignored that we are seeing the same scenario on what we are really that seeing on this current year.
but we cant really assure that it would really be repeating on the same process or cycle when it comes to this.You cant really be able to make out conclusions that this is on the same
pattern and presume t hat there would be definitely a turning point on some time.It cant really be that so sure when it comes to this since this market is unpredictable on the first place.
You cant really make things do look on the same, there might be patterns but it would really be just good as that.

It's also possible that even with the halving, that there's no bull run and that we have reached the ATH for a while.

I think it's better to buy Bitcoin because you believe its fundamentals are good and you think it makes up for sound money.

Anything else -- especially with money you can't afford to lose -- is too risky.

Too, late... Where have you been when the market crash started some months back?

Not gonna lie, I am not going to open the Youtube link.

You can't say that even before we have set our eyes on the Bitcoin halving event. Let's give it time and we see.

Halving gives no assurance though in the previous halving, you can see the pump with the price and that is something to look forward in the next halving.
Fundamentally Bitcoin is good, no question about that and this is also why many choose to play long with Bitcoin and that's a good strategy that I will choose as well.
If you can't afford to invest yet that's fine, just save some money and wait for a cheaper price, the bear market is still here and that's a good opportunity to buy.

Possible, that there is no bull run but unfortunately, it's proven that Bitcoin has an ATH after the next halving.  It usually occurs after a year of the event.
Accumulating these days is the best thing to do and if you trusted Bitcoin, hold it a long term and wait until the market becomes bullish.

A lot of people now or even governments have the same interest in Bitcoin, they keep it and store value which affects the demand and supply quickly.
But I'm afraid of these big companies that invested in Bitcoin will become a big whales in the future.

No offense.
I didn't visit your Youtube link for some reason, it is good if you'll create here an analysis that supports this.

Always remember that "Past Performance Can't Guarantee Future Results".

On the positive side, it's not that the 2022 bearish market is as bloody as 2018. We already learned from it and this year's bearish trend is somehow manageable.

Just go with the flow and don't feel bitter because the price is not skyrocketing yet.

Another technical analysis chart. Many times, they were never true for cryptocurrencies. Maybe once you have traded long enough in cryptocurrencies, you'll realize it's very unpredictable and unless the same thing happens twice (never) your chart is meaningless. Right now, unless good data and benchmarks for the economics and stock come out, there will be no bull here or anything near it. People can't pump your bag when they even tighten their wallets even on daily necessities thanks to inflation and the energy crisis.

We're in development, so we can't expect history to repeat with 100% accuracy. Bear season this year, the market isn't as bloody as it was in 2018 but bear season isn't quite over yet so it can't be said that the worst has happened.
After all, everything is just a guess, so don't wait for a cheaper price. It's also a good time to buy bitcoin as it's 70% off ATH and the market could bounce back from here too, who knows? So take advantage of every opportunity when the opportunity arises.

Exactly.

I don't think we will go down to $3,236 per Bitcoin again this year or next year, let's hope so since the market is very unpredictable. The last all time high was around $68,000 per Bitcoin and we're really far behind right now, so I don't think it'll go deeper passed $10,000. It's just playing in $20,000 and $17,000. Many people are panicking but what's happening right now is completely normal.

Two months left and were still at the midst of up and down. This could be assume that bitcoin will have a longer time of consolidation and not enough funds to break out on a time like now which is also in recession stage. Until the market recovers from inflations, we can always be on the turmoil state.

Bitcoin also somehow follw trends and even stock right now is quite cheap. The only thing we can do for now is accumulate those cheap tokens and btc while it still low. Doing a dca could be more effective.

You must admit that 2022 feels alot like 2018. I think many are expecting the $6K to play out very similar to the low we have now going on. However back in 2018 everybody was bullish in October 2018, right now 4 years later everybody is bearish.

So I would not be surprised instead of breaking $17.5K and heading lower towards $10K, that we break out of this tight range and start to go to $30K or $40K.

These days however its different due to the global markets being under fire. So its up to the economy. However there is a good chance that bitcoin might of bottomed already.

The fact that you use 2018 and 2022 as comparison points shows you are making a mistake. It is naive to think they are the same since 2018 bear market was because of the bubble in 2017 and it was part of the same old 4-year cycle whereas what happened this time in 2022 had nothing to do with any bubbles (since we had none) and the 4-year cycle is already broken.
Consequently what trend bitcoin will follow in the future can not be predicted based on past performances anymore.

We all have our own speculation. Some are just not giving up the idea that supercycle is possible but in the past, it had not happened in crypto yet.  The bullrun is always activated with Halving, the lesser BTC the miners get, the higher the ATH will be after it.

In his short video, he draw a plummet before going up. This could take months before this plummet happens but at least the price will just keep within the range until near the halving date. History repeats itself.

OP, if it will interest you to know – this present dump started in March of this year. It isn't something new. If anything, I should think that we're almost getting out of it. I expect a pump in November (it's one of the favourable months for Bitcoin). Drawing a comparison between 2022 and 2018, the video you linked us to didn't do any explanation or analysis. It wasn't helpful in anyway. But come to think of it, those of us who were here in 2018 know that no matter what happens; no matter the extent of dip Bitcoin goes it will surely rise to do another great ATH.

They are not accurate 100 percent but despite of it many crypto traders still rely on them. For them it is better than predicting randomly and I think there are times where their analysis are close to their target and this makes them happy and motivated to analyze again.

Experienced traders are actually the ones who used TA's while new traders can just trade the basic way without doing any complicated analysis. I think once the economy and the stock market normalizes, the bear will still be here and it can last for another 2 or more year. That is what the majority is saying but at least we are going to feel some great relief. That's better than nothing.

If a trader is clever enough then they know we are also reaching the halving cycle next year which means lucrative way for the miners and long time hodlers to pump their wallets with some fiat. The market might also go way down than this and keep the FOMO cycle on for sometime. However, this is where smartness needs to be applied and we need to actually buy more crypto than sell it during this period. I am definitely looking forward to watch out my portfolio during this season since once you miss it, you gonna wait for another 4 years to achieve the same level of down turn. Who might have thought that bear market is blessing and when it's in the halving period its even greater for the profit bookings.

It do always matter like a hit or miss when we do make out predictions which is really that a common thing for someone to be making which those errors or mistakes would be entirely be wiped out whenever you do

able to make a speculation which it did really happen or nearly missed which you would really be making yourself believe that you are doing pretty well.On this very speculative market then it would really be just

a hit or miss.Lets do continue on making speculations and its better rather than on having pure guess with your trading decisions.It might not be giving best results or outcome most of the time
but at least we have done our part.

Agree. That video didn't show anything clearly. Also, no explanation of how far the Bitcoin price to increase.
If he means that Bitcoin is going to increase from $19k to $22k/$23k, it is not something too surprising. We all know that the range of Bitcoin prices in the last few months is about $18k - $23k. CMIIW

Yep. No bullrun before BTC halving, it always happened in the previous bullrun periods.
Mostly the bullrun will happen 1 year after BTC halving. Theoretically, it means the bullrun should be in 2025.

-  Currently, we are undeniably still in a bear market. And in times like this when you lack knowledge of crypto trading, it will be a bit difficult for you to get a profit from it, or maybe you will get it right.

   Now, when it's a bull market, for sure if you have an idea about crypto trading, that's an immediate advantage for you to make a good profit here, but of course, if you don't have enough knowledge, it's also difficult to make a profit.

Your short video should've been better if you also showed us the prices or the price range on the right side of the chart. I remember these are the same exact months last 2018 when I was so worried and it destroyed my normal sleep. It's because I just had a contract to construct my house. So I ended up selling nearly all of my crypto holdings just to secure it. I would've been a dollar millionaire by now if I canceled the construction of the house I am living in right now.

Anyways, you are clearly referring to the cycle of Bitcoin. Not guaranteed but yes, Bitcoin will climb up again next year as most investors are expecting another all-time high in 2024 and 2025. Now is the perfect time to grind hard while Bitcoin is still down so we have the money to invest.

There is one big difference between Bitcoin in 2022 vs 2018 because if you have noticed the market behavior from the beginning of this year, Bitcoin has been on a dump trend since the start of this year and if care is not taken, that dump situation will continue all through the year. But in 2018 reverse was the case even though there were points when Bitcoin dump heavily but it quickly rebounds back not unlike the 2022 situation where the end is not visible unless if the upcoming bitcoin halving will change the price situation of Bitcoin but even that investors will have to wait for some time before any significant change will happen to Bitcoin price.

We might be seeing some patterns or same behavior when it comes to price movement but eventually these cant really guarantee that it would really be on the same movement on what it would be potentially doing in the future this is why it cant really be precise when you do make out claims that it would be doing on the same thing on upcoming months or years.
2018 vs 2022? For sure we are pertaining about long bearish market which is indeed we are currently seeing.Lots had been hopeful when it comes to that 4 year bitcoin cycle
which we are all hoping to see some market or change trend.

in 2022, there are already many people who can understand the market, so they will still wait to buy it, it is different in 2018 where not many people understand, we can see that every big news will affect price movements, this cannot be separated from the psychology of the traders as a whole. In the past, creating FOMO seemed very easy and the results were visible, but now many people are waiting for the price to buy in the area according to their respective analysis.

More drop in price then its better discount deals 8)

Just aim for what is coming after the drop because before price went to 65K from mid 3K so now even if its 2 digit and minimum of 10x just 50% from the previous ATH can get the figures into 5, so buy at 20K and waiting for 100K in just a year or two doesn't seems to be a stupid idea.

See I don't see any huge pumps coming to the market instantly and we need to wait a little bit because there can be some small pumps taking charts to uptrend price movements but can be down again so at this time no rollercoaster ride is visible to me that will boost it to high levels.But as expected we can go over $25k or $30k by the end of the year not too much expectations only holding at this time.

How long you are in crypto?

Based on charts and history, the current heavy discount on bitcoin "70%" is a great price to buy and hold in the long term. It's hard to say no when an opportunity like this arises and lasts for a few months, for me this is the best opportunity to buy but of course by combining several strategies like DCA and accumulation.

I think it's safe to assume that this is a good time to buy as much bitcoin as you can afford, but certainly for an amount you can afford to lose. But none of us dare to guarantee the future because actually bitcoin is always difficult to predict.

When Bitcoin price is under its realized price, it is a good time to accumulate Bitcoin. It is not the bottom but is in a bottom range and accumulation in bottom range is a smart idea.


Especially if it has lasted a few months and is going toward the end of bear market. The chart above shows that we are going towards the ending of bear market.

Invest in a volatile asset means it is a risky investment but it brings good potential ROI. Afford to lose and be able to hold for a long time. Some people think they are investing with greed and unable to hold for a long time. They borrow money, use leverage which all force them to always think of selling. That breaks the core reason why you invest, to make your life easier, to get rid of pressure from intraday trading

Probably we are still at the lower part of the rollercoaster and just waiting for perfect timing to boost it's speed, but to be safe we should expect less for now and just deal with the current trend. There's a slight pump as we go back to the price of $20k, and if we are able to stay with this price probably that's a good sign. 2022 are more different as we deal with economic crisis along with the bear trend, being prepared can be a big help decide on which coin to buy aside from Bitcoin.

It is important that people at this time begin to think about the long term prospects of bitcoin and not about its short term fluctuations, the conditions we are witnessing are simply far from ideal when it comes to watching the price of bitcoin raise at a fast speed, and if anything it is possible we could see a further decrease in it is price, however if we are focused on the long term prospects of bitcoin this will not affect us and it will make easier for us to perform a DCA strategy and hold our coins until the new bull market arrives.

volatility factor is the reason why many traders and investors are buying btc. it is the idea of getting profits because of the roller coaster movement. if we remove this factor, i don't know what will happen to the market. this is why stability is really not very much favoured. if you have witnessed countless times the up and down movement, you will understand if it is worth buying at a certain price level and wait for the right moment to sell it.

In a year like 2023 or 2024?

We are in middle of bear market and somehow you expect the price to move at $25k or $30k by the end of the year. I think you missed something if you are in this market for a long time that's not how it works around here. I expect another drop by the end of the year and not a pump.

That pump might happen only after a year or so and if we are lucky the price might reach beyond that but let's just wait and see of what else will be coming.

At first I wasn't so sure but, how could I be wrong of a thread I know to have seen before and this would only he some repetition. Not to mention, I had doubts if OP really intended to make a point or just trying to get traffic on his or her channel as I presume.

OP has made only 2 posts, both of which are threads and carries the same content, just different boards and thread title.  See this:

If I may reference what I said on the first thread in this quote:
Is it as I suspect or the OP is just so excited about this YouTube clip or OP is just trolling.

I thought as much i have gone through what he posted but couldn't get any reasonable thing from the analysis of the video maybe it was his video, i think this thread should be locked nothing impactful on the video rather than a noisy video.
This doesn't represent anything or shows a sign of comparison between 2018 v 2022.
 

And yes we have seen this kind of video before, or at least a post from newbie about the comparison.

Yet in the first few minutes there are no comparison. But wait, if bitcoin repeats and if someone who have been here before has experience the long agonizing 2018 bearish market then this year or the next year is nothing new to be honest. And with that, we shouldn't care much, I mean let this bearish trend ride for this year and maybe in 2023 again. What's important is the lesson we have learn from that past is that we should be really taking advantage of this bear market, accumulate and see how it goes in the next bull run in 2024.

I could not understand the video well for the simple fact that there are many things that I did not hear well, but 2018 cannot be equated as a time where everything is seen as a segment, 2018 was disastrous for BTC, just like 2019, in 2020 Some improvements began to be seen, but between now and 2022 a lot was achieved, a new ATH was passed, many believed that the alt season would be activated again as it was in 2017-2018, things are very relevant for That moetno, it is expected rather that by 2023 or 2024 BTC will rise to at least $150k, because what I expect is $250k and without exaggeration, maybe I see myself as very ioptimistic but I see it that way.