Title: I am Bullish On Bitcoin Despite Bear market Post by: fennic on December 22, 2022, 04:38:53 PM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but,
before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. https://i.imgur.com/gI2waI0.png Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Tytanowy Janusz on December 22, 2022, 06:35:41 PM 1- eliot waves does not work that way (they dont work at all but if you bealive and really want to use it ... its not the way you draw it)
2- this falling wedge does not have a bottom at 14k. It should break as close to apex as possible if valid. Apex of so wide wedge (with trend lines almost symmetrical) is around 10k ... 500 days from now. 3- you are calling the bottom of 600 days bear market based on almost zero price action. Dump below last support and consolidation for 40 days. I'm not talking its not the good time to buy. Maybe its the bottom. Maybe we are about to start bull run ... but not based on your analysis. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: jackg on December 22, 2022, 11:09:24 PM That falling wedge looks quite steep and it's also possible we could touch the bottom more than once before there's a reversal or a break of the supports and resistances.
Elliot waves are generally considered unreliable as has been said above but I think there's a good chance we fall from here down towards 10-14k, I'd expect it to be swift though and fairly random when it happens (so we could recover more first too and even stay here a few months before then). Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: cryptoaddictchie on December 22, 2022, 11:25:13 PM Its good to be optimistic for investors but for traders it would not be favorable given that huge falling wedges.
I'm not talking its not the good time to buy. Maybe its the bottom. Maybe we are about to start bull run ... but not based on your analysis. Hope you are right. Its been a long time already that we have a very bad market. Even prediction panned out for some, most of the traders arent good on this market hence filling up more short instead of long orders. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Ryker1 on December 22, 2022, 11:38:22 PM [snip] Well, I hope you are right and it is good to see that you have positive insight about it.I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I am also hoping that the bitcoin price will reach that price when I have enough stored in my wallet. But as of now --there is no point in wishing bitcoin will go pump because I did not accumulate it and I did not receive yet a Christmas gift were supposed to be I will invest in bitcoin when the price is low. Each of us as investors has different prefer on the market, whose investors are waiting for a bullish trend to enter the market and those investors who already accumulated are also wishing for a bullish market so that they will cut their profit. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tranthidung on December 23, 2022, 01:22:11 AM Bitcoin is always bullish if you look at its Yearly Lowest Price. I don't run a newest update for you but from Coinmarketcap, you have a price table for Price on this day.
https://coinmarketcap.com/currencies/bitcoin/historical-data/ Simplify it by looking at Satoshi per dollar (https://buybitcoinworldwide.com/stats/satoshi-per-dollar/) chart. What is a trend you see? Bullish or bearish? I only see a bullish trend for Bitcoin but definitely its journey is not rosy and smoothly. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: KingsDen on December 23, 2022, 03:39:31 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Adbitco on December 23, 2022, 05:13:12 PM From the Historical charts i don't think there would be bear market so far, all i see is a positive trend which would like touches back $19k but within 31st December to 10th of January we could see it at $20k to $21k.
I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. From one's experience i don't even suggest you should buy altcoin anymore, rather while not channel that efforts to buy bitcoin and hold since most at times bitcoin recovers more faster than any other coin out there. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: South Park on December 23, 2022, 05:55:47 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: LoyceMobile on December 23, 2022, 06:07:39 PM I'm bullish on Bitcoin because it's deflationary, which makes it better than fiat in the long term. I don't need lines in graphs that.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: jaberwock on December 23, 2022, 07:21:21 PM From the Historical charts i don't think there would be bear market so far, all i see is a positive trend which would like touches back $19k but within 31st December to 10th of January we could see it at $20k to $21k. Well, that is if the history repeats itself but what if not? There's still a possibility that prices can move randomly. BTC is now in green but the increase were only small so I don't think this can be said that we are now going for a bull run and the bear market will finally end though this increase can continue till we touch $19k, and the other two values that you listed above. They are only small so they are pretty possible to get. What about now @fennic. The price of $16k per BTC is still a best buy imo.Don't expect too much about the bottom because the price of BTC can still rise even without it. Buying alts is also fine as long as it was a nice alts, and not a junk one. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: goaldigger on December 23, 2022, 09:08:42 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Rigon on December 23, 2022, 09:28:46 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. Those who are still waiting to invest, don't wait any longer and invest from this instant market. Because this is the best time to invest and if you are a long term investor then wait for the auspicious day Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: crzy on December 23, 2022, 09:39:12 PM Recovery will happen soon and its inevitable, we know this already and those who are prepared will get a huge reward in the next bull run. There’s no assurance though for the next drop, so better to buy now and just buy more if Bitcoin drops to that $14k level. 2023 will be a great year for crypto, let’s be more positive on this.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Woodie on December 23, 2022, 09:40:59 PM If one is a hodler, it's very important to think positively as a positive mind is a healthy mind ( person) ! Allowing negative thoughts to get to you could lead to panic selling and if you have heavily invested in crypto this might affect your mental well being and with time your health could deteriorate!
Otherwise to build bullish momentum markets need to sell before going up and this is what's currently happening,its a ticking time bomb before price goes to the moon. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: blockman on December 23, 2022, 09:56:17 PM Most of us here are bullish, no matter what the indicators and charts say if you're a holder then you'll definitely hold and that's it. A more important factor is the past that has happened for bitcoin. We're all amazed at how historically it keeps on increasing if you zoom it out and look at the entirety of its history. This bear market is just another go through for bitcoin and we all know that it will end and then soon, we'll get to enter to the bull run again.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: DoublerHunter on December 23, 2022, 09:59:52 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: buwaytress on December 24, 2022, 10:01:45 AM All these funny stripes and triangles are absolutely irrelevant until there are fundamental signs of an improvement in the market situation. Now is the time that only fundamental analysis can be used as a sane analytics. I remember being fed these stripes and triangles in mid-2022, saying the market was about to explode. But the miracle did not happen, because there are absolutely no fundamental prerequisites for injecting money into bitcoin and did not exist at that time. Liquidity does not appear simply because some kind of technical analysis showed a reversal. Until the situation with binance, FTX, large exchanges is resolved, until the miners finally capitulate, there can be no talk of any bullrun. Yeah, can't remember just how many golden crosses and heads and shoulders and dead cat bounce calls etc were made and invalidated every step of the way in 2018-19... It was really until 2020 Black Monday crash and the recovery globally that Bitcoin price made serious rally moves. Fundamentals in Bitcoin do keep getting stronger but while market fundamentals are ailing, with symptoms yet to clear, not really useful to look at these indicators, particularly at poor volumes. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: gunhell16 on December 24, 2022, 11:13:07 AM So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen?
Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right? Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: michellee on December 24, 2022, 11:15:11 AM What if the scenario is the bitcoin price doesn't reach the $14k level but stays at the current price? Are you not going to buy bitcoins and keep waiting for the price to reach $14? We have to think realistically about the current situation and conditions and you can buy bitcoin at the current price and prepare other money to buy at another low price. It would be much more profitable if the bitcoin price didn't reach $14k and did a price reversal right away so you could make a profit. But if that is your strategy, you can still wait a while and see what will happen to bitcoin. I'm still optimistic that bitcoin can penetrate the price of $ 20k and even increase quickly.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Yamifoud on December 24, 2022, 01:33:52 PM What if the scenario is the bitcoin price doesn't reach the $14k level but stays at the current price? Are you not going to buy bitcoins and keep waiting for the price to reach $14? We have to think realistically about the current situation and conditions and you can buy bitcoin at the current price and prepare other money to buy at another low price. It would be much more profitable if the bitcoin price didn't reach $14k and did a price reversal right away so you could make a profit. But if that is your strategy, you can still wait a while and see what will happen to bitcoin. I'm still optimistic that bitcoin can penetrate the price of $ 20k and even increase quickly. I don't expect that too...Bitcoin still has strong market support, it dumps actually but never we think it will reach below $15k. It was a big mistake for the OP for losing the opportunity at the current price. In fact, OP has a positive view of Bitcoin and is bullish, if he has the plan to invest then he better make it no rather than waste his time waiting for $14k which is likely impossible. Might next year don't really have a good start but I think the market will tend to recover. We only just hope that no more scam happen to huge exchanges, otherwise this will prolong the bear season. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: teosanru on December 24, 2022, 03:44:11 PM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, Nice analysis to be honest, only thing is that as far as I know the Elliott Wave Theory. The 5th wave no matter how bullish you expect this to be it'll definitely not cross the 3rd wave height so according to the chart the max that we can see even in the 5th wave is 17-18k region because that's the max height of the 3rd wave so it'll definitely not go beyond that. So Atleast in this wave Pattern bitcoin isn't going anywhere above the 18k mark and after this you'll see ABC correction so, i am still bullish but will have to wait a lot to see results.before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. https://i.imgur.com/gI2waI0.png Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: AbuBhakar on December 24, 2022, 04:18:30 PM Forming a falling wedge patter is an understatement since the pattern that you presented is more likely forming a down trend channel instead of a wedge because dipping on 14k or 15k will give more pressure to visit the price that more close to 10K that everyone is watching as the next strong support.
12hr pattern is also not very popular because more trader preferred the daily or weekly time frame when determining a longer trend. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Rahul09 on December 24, 2022, 06:09:04 PM What if the scenario is the bitcoin price doesn't reach the $14k level but stays at the current price? Are you not going to buy bitcoins and keep waiting for the price to reach $14? We have to think realistically about the current situation and conditions and you can buy bitcoin at the current price and prepare other money to buy at another low price. It would be much more profitable if the bitcoin price didn't reach $14k and did a price reversal right away so you could make a profit. But if that is your strategy, you can still wait a while and see what will happen to bitcoin. I'm still optimistic that bitcoin can penetrate the price of $ 20k and even increase quickly. Of course you are right. We will never find a good time if we sit on our hopes. Now is the best time if you want to invest in Bitcoin. Because Bitcoin will cross $20K before $14K. And when bitcoin crosses $20k you will not get any chance to invest. Then you will want to collapse. So if you believe in Bitcoin and are interested in investing in Bitcoin then do it now.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tjtonmoy on December 24, 2022, 06:53:53 PM And when bitcoin crosses $20k you will not get any chance to invest. Then you will want to collapse. So if you believe in Bitcoin and are interested in investing in Bitcoin then do it now. I am not quite following what you are trying to say here. Will not get any chance to invest? Bro, are you stuck to the thought that BTC will be chilling only at 20k in bull run? Think again. I am not here to give out any advice to anyone regarding when to enter or what to buy. I am not a professional. But when it comes to BTC investment, you can enter at any time you want. It totally depends on a person's decision. I'll say, let them do it by themselves. If they can see the potential, then they will enter the market. And I'm pretty sure bull run will not come so soon. So I'll take my time. But the rest is for the other people to decide. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Bitstar_coin on December 24, 2022, 07:23:23 PM Good thing I always try to keep some cash aside for a rainy day even it is small and it seems such days are fast approaching. If Btc goes that low, it will be a great opportunity to get in, i have been patiently waiting to see how the market will react by 2023.
Besides, btc is always the best choice during this period, you will be rewarded for doing so. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: The Cryptovator on December 24, 2022, 07:41:50 PM There is still a chance that the Bitcoin price will fall further. Because I don't see any credible reason for Bitcoin to rise right now. There hasn't been any good news recently. There are rumors that Russia will accept Bitcoin as an international payment method starting next year, but this has yet to be confirmed. However, I do not believe it will have a significant impact on Bitcoin's price. Because Westerners would oppose Bitcoin because unless sanctions were imposed on Russia. We can say that we would find another Bitcoin accumulation zone that would be beneficial to us. Deep observation is required.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Ojima-ojo on December 24, 2022, 07:58:27 PM From the Historical charts i don't think there would be bear market so far, all i see is a positive trend which would like touches back $19k but within 31st December to 10th of January we could see it at $20k to $21k. Am sure we may see a positive trend in the coming days/weeks ahead, but then there may be the possibility of a decline bug not too long before we touch $20k because the market signaling a more positive trend and Bitcoin has tried to touch 17k for quite a few time.I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. From one's experience i don't even suggest you should buy altcoin anymore, rather while not channel that efforts to buy bitcoin and hold since most at the times bitcoin recovers more faster than any other coin out there. Market volatility may have some role in the outcome of this possibility but I am quite certain that Bitcoin will rely on around a 20k price in the early days of 2023. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Oceat on December 24, 2022, 10:58:42 PM Good thing I always try to keep some cash aside for a rainy day even it is small and it seems such days are fast approaching. If Btc goes that low, it will be a great opportunity to get in, i have been patiently waiting to see how the market will react by 2023. That's a good initiative thinking keeping some cash when needed.Besides, btc is always the best choice during this period, you will be rewarded for doing so. But doing DCA some other time is the most initiative way of thinking in advance since we are already in a bear market. Waiting for that bull run to happen when it's not yet the right time will street you out. It's better to let the thing go on their way and just ride with the flow especially if you are not one of the whales that can make the whole Bitcoin market to move. Bull run will happen soon. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: MoonOfLife on December 24, 2022, 11:26:19 PM What if the scenario is the bitcoin price doesn't reach the $14k level but stays at the current price? Are you not going to buy bitcoins and keep waiting for the price to reach $14? We have to think realistically about the current situation and conditions and you can buy bitcoin at the current price and prepare other money to buy at another low price. It would be much more profitable if the bitcoin price didn't reach $14k and did a price reversal right away so you could make a profit. But if that is your strategy, you can still wait a while and see what will happen to bitcoin. I'm still optimistic that bitcoin can penetrate the price of $ 20k and even increase quickly. It's all speculation and waiting is not the solution. As OP said, if he's bullish on bitcoin, there's no reason he shouldn't buy bitcoin for $16k because the gap between $16k and $14k isn't too big. Bitcoin is unpredictable and if his prediction is wrong it means he will miss the opportunity to buy bitcoin. I like his analysis, but I don't like his waiting way while we also have DCA strategy.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: michellee on December 25, 2022, 03:13:49 AM I don't expect that too...Bitcoin still has strong market support, it dumps actually but never we think it will reach below $15k. And if he can buy at the current price, that will give benefits to @OP, especially when the price doesn't drop to $14k but instead goes up and back to $18k. But maybe he has another plan to anticipate if the market scenario doesn't go how he wants or he made it so he will make another backup plan. Next year is only a few days away but the market is not showing any signs of wanting to pick up and it looks like the market is still calm.It was a big mistake for the OP for losing the opportunity at the current price. In fact, OP has a positive view of Bitcoin and is bullish, if he has the plan to invest then he better make it no rather than waste his time waiting for $14k which is likely impossible. Might next year don't really have a good start but I think the market will tend to recover. We only just hope that no more scam happen to huge exchanges, otherwise this will prolong the bear season. Of course you are right. We will never find a good time if we sit on our hopes. Now is the best time if you want to invest in Bitcoin. Because Bitcoin will cross $20K before $14K. And when bitcoin crosses $20k you will not get any chance to invest. Then you will want to collapse. So if you believe in Bitcoin and are interested in investing in Bitcoin then do it now. We all hope that bitcoin won't drop to $14k for now, as it looks like the price has hit its lowest price for the year. But if the low occurs next year, it will provide another opportunity for us to buy at another low. This is where we have to be really careful in making decisions and not let us regret that it was too late to buy at a low price, especially if the price has started to increase.It's all speculation and waiting is not the solution. As OP said, if he's bullish on bitcoin, there's no reason he shouldn't buy bitcoin for $16k because the gap between $16k and $14k isn't too big. Bitcoin is unpredictable and if his prediction is wrong it means he will miss the opportunity to buy bitcoin. I like his analysis, but I don't like his waiting way while we also have DCA strategy. Yes, using the DCA strategy will be better for him because he doesn't spend all his money on one purchase but on several purchases. The advantage is that he can buy at various low prices so that if the price starts to increase, he can sell a few bitcoins and withdraw the profits. And if he wanted to repeat it, the gains would be great. But if he wanted to hold onto it until later when the price could exceed the last ATH, the profit would also be huge.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: KingsDen on December 25, 2022, 01:53:00 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. You can think about it. That is the right thinking. So many people are fixated with the bottom. Everyone trying to be an expert or a magician to know the exact bottom so as to buy there. That is one of the factors affecting the market as institutional traders will keep playing mind game with our speculated bottom. That's also problem with ATH, while some sold at 50k, others sold at 60k, people with big mind sold at 65k while people with the biggest mind were waiting for 100k. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Mpamaegbu on December 25, 2022, 02:27:36 PM From your chart, the channel you've there is a falling one. That means only one thing is expected and that's lower highs. There's a wedge heading south and that doesn't signify any bull movement. The bear is eating up the price. Away from your chart, I don't even envisage a bull rally at the moment. If anything, this bear rally should last us till the second quarters of 2023. Last quarters is where it starts getting interesting and lively, I mean the crypto industry.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: BitDane on December 25, 2022, 09:23:43 PM Good thing I always try to keep some cash aside for a rainy day even it is small and it seems such days are fast approaching. If Btc goes that low, it will be a great opportunity to get in, i have been patiently waiting to see how the market will react by 2023. That's a good initiative thinking keeping some cash when needed.Besides, btc is always the best choice during this period, you will be rewarded for doing so. But doing DCA some other time is the most initiative way of thinking in advance since we are already in a bear market. Waiting for that bull run to happen when it's not yet the right time will street you out. It's better to let the thing go on their way and just ride with the flow especially if you are not one of the whales that can make the whole Bitcoin market to move. If we plan to take advantage of the market, I agree we need to prepare a cash for it so that we won't get surprised if the opportunity presents itself and Bitcoin market hits another lower low. Nohing beats being ready all the time. Bull run will happen soon. But not too soon, we might have a year of waiting before the market transition to bull market. Remember in every cycle, bear market starts to transition a few months before halving so we need more than a year before the bull market will happen and that is not soon :D. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Harambe on December 25, 2022, 10:52:25 PM The market almost always follows the same cycle. If you see what's happening in the world, what other people think, the capitulation is already happened. You can tell this from the general negative sentiment. The market is currently dire, but things will likely turn around in 2023.
https://fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Sebas.tian on December 26, 2022, 04:57:52 AM Quote from: Bitstar_coin Good thing I always try to keep some cash aside for a rainy day even it is small and it seems such days are fast approaching. If Btc goes that low, it will be a great opportunity to get in, i have been patiently waiting to see how the market will react by 2023. Besides, btc is always the best choice during this period, you will be rewarded for doing so. Those that believed that this current dumping is a blessing to those that understand the past and the present of Bitcoin price will continue to make Bitcoin their choice, despite the price is still dumping in the market. Those that invested in a potential coins will definitely see the massive pumping of cryptocurrency in 2023, because there are positive signs in the market that made many traders to believe that next year will be more better than this year. I think, something good will definitely happen in future to those that invested a huge amount of money in Bitcoin without fear of loosing the money. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: TheUltraElite on December 26, 2022, 02:36:13 PM It's all speculation and waiting is not the solution. As OP said, if he's bullish on bitcoin, there's no reason he shouldn't buy bitcoin for $16k because the gap between $16k and $14k isn't too big. Bitcoin is unpredictable and if his prediction is wrong it means he will miss the opportunity to buy bitcoin. I like his analysis, but I don't like his waiting way while we also have DCA strategy. Waiting can be a good option for those who have exhausted their liquid cash allocation on bitcoin at the bear market. We are probably going to go upwards from this price but there is always the chance of the down trend as well. Whales are also accumulating coins and assets in the bad economic conditions prevailing and thus they will be the winners in the long run as always.If you dont start thinking like a whale when the bull market hits, you would feel left out and hanging dry. It is because the last all time high was close to 70k and one can only imagine the margin of profit a person can pull off if such all time high happened again and the stored coins at hand were meager at that point. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: CryptocurencyKing on December 26, 2022, 06:27:27 PM It's all speculation and waiting is not the solution. As OP said, if he's bullish on bitcoin, there's no reason he shouldn't buy bitcoin for $16k because the gap between $16k and $14k isn't too big. Bitcoin is unpredictable and if his prediction is wrong it means he will miss the opportunity to buy bitcoin. I like his analysis, but I don't like his waiting way while we also have DCA strategy. Waiting can be a good option for those who have exhausted their liquid cash allocation on bitcoin at the bear market. We are probably going to go upwards from this price but there is always the chance of the down trend as well. Whales are also accumulating coins and assets in the bad economic conditions prevailing and thus they will be the winners in the long run as always.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Hamphser on December 26, 2022, 07:55:29 PM It's all speculation and waiting is not the solution. As OP said, if he's bullish on bitcoin, there's no reason he shouldn't buy bitcoin for $16k because the gap between $16k and $14k isn't too big. Bitcoin is unpredictable and if his prediction is wrong it means he will miss the opportunity to buy bitcoin. I like his analysis, but I don't like his waiting way while we also have DCA strategy. Waiting can be a good option for those who have exhausted their liquid cash allocation on bitcoin at the bear market. We are probably going to go upwards from this price but there is always the chance of the down trend as well. Whales are also accumulating coins and assets in the bad economic conditions prevailing and thus they will be the winners in the long run as always.I dont know on why they do prefer on missing it out on selling when they are already on huge profit and just tending to hold no matter what.Well, as long you arent on negative or if ever you are on this state then its up to you whether you would be securing out those gains or still simply ignore and accumulate much more.It might sound up too simple but its not something that you cant really easily done because its just normal that you would really be hesitating on these particular times because market is totally unpredictable and there's no way you could really be able to easily bare out on making decisions. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GxSTxV on December 26, 2022, 09:05:37 PM Despite the current bearish market that took some time lately and mostly this year I believe that Bitcoin will eventually become bullish again. While I don't necessarily trust technical analysis, I believe that the current bearish market is simply a temporary downturn in the overall trend of Bitcoin. While it is true that the price of Bitcoin has been volatile in the past, it has also shown a tendency to recover and continue growing over time. While it is difficult to predict exactly when Bitcoin will become bullish again, I am confident that it will eventually happen.
Overall my belief in the long-term potential of Bitcoin and my confidence in its ability to recover from market downturns is what keeps me optimistic about its future, even during bearish markets and the bad events and news this year i will stay holding Bitcoin Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Desmong on December 26, 2022, 09:22:21 PM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, Whether we are bullish or not Bitcoin is the only cryptocurrency that has safety of not being rug pulled just like many other tokens or coins we have seen so far on the market. We need to hold Bitcoin and even if we don't the market sto depends on the movement before the general crypto market will move.before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Slow death on December 26, 2022, 10:01:07 PM It is unbelievable that the price of bitcoin has been behaving like fiat currencies for a few days now, it has not had large rises and falls in price, it has been stable until it even opened to be able to do day trades, the price is around 16700$ - 18660$, but when we have such a situation then we can expect two things in the next few days:
1 - a big price increase, of course due to the financial crisis the increase would be around 17800 - 18500$ 2 - a big drop in price that would test again the support that is at 15000$, and this is the darkest scenario because if the price breaks the 15000$ then we will be facing a very big bloodbath, the whole market would be plunged into big price drop that's why I advise people to use stop-loss to protect themselves in case of a big price drop Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: pixie85 on December 26, 2022, 10:11:58 PM I don't know why so many people are into this 13-14 thousand level.
There's almost as many of you as those who a few months ago were saying that the bottom will be at 20000 and maybe we'll briefly go below to 19 but that's it. The problem with such levels are always the same that if there's a lot of people waiting for a level to be touched it usually never is and when the majority thinks it won't then it is. Most people thought that 3000 was not the bottom in 2019 and that we will go between 1 and 2 before recovering. We never did. When we went to 14000 in 2019 people were sure the new bull market has begun but the rally ended and we went back to 5 which was a huge crash, bigger than what Luna and FTX caused this year. Nobody expected the covid crash to take us to 3k in 2020 but it happened... You have to realize that the market doesn't follow lines in the sand. It goes its own way. For the crash to 14 to happen a lot of current holders have to sell. Something has to make them sell. If you bought for 15-17 thousand knowing this could be a good time to invest because the chance of recovering back above 20 is enormous, would you sell in panic now to maybe be able to buy back at 14 if you catch the low point? Most people wouldn't. Bull markets don't start because a number was hit but when all the panic sellers are out and the confidence shifts. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Kelvinid on December 26, 2022, 10:43:32 PM Perhaps, you don't need to worry OP as this will situation will come and just go also.
As we recall in the past bear season, the market is struggling for 3 years before Bullrun comes and it is likely we are going to expect this cycle again. That is why we never have to think that after we invest in crypto today we will gain profit quickly. Yet, it doesn't mean that we are too hopeless either. We can still be bullish and remains optimistic in the future as we believe that Bitcoin rallies back again just like what we experience last year. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Charles-Tim on December 27, 2022, 08:07:02 PM As we recall in the past bear season, the market is struggling for 3 years before Bullrun comes and it is likely we are going to expect this cycle again. The market struggled for 3 years but there were times of profit and losses within the 3 years, bitcoin price decreased below $3200 in 2018 but before 2020, bitcoin price increased to over $13000 before it plummeted back below $4000. If you are expecting such bull and bear market similar to that of the past to still repeats itself, we should expect bull (bitcoin getting to maybe $30000, $40000 or $45000) and bear (getting back to $20000) before the next bull run that will lead to all-time-high, and probably this will happen in 2023 before 2024 halving. All are guess.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GeorgeJohn on December 27, 2022, 08:21:39 PM Whether we are bullish or not Bitcoin is the only cryptocurrency that has safety of not being rug pulled just like many other tokens or coins we have seen so far on the market. We need to hold Bitcoin and even if we don't the market sto depends on the movement before the general crypto market will move. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: CryptoPanda on December 27, 2022, 09:16:09 PM I once listened to a lecture where the speaker said “the best time to invest is when everyone else is too scared to do it and the best time to sell is when everyone is hyped to buy”. In my opinion the bear market is always a good time to buy bitcoins if you are hodling long term. The perfect time to enter the market is futile because the perfect market conditions may never come. Ultimately you get a good feeling knowing you bought low when the bull seasons kicks off
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Hypnosis00 on December 27, 2022, 10:53:24 PM I once listened to a lecture where the speaker said “the best time to invest is when everyone else is too scared to do it and the best time to sell is when everyone is hyped to buy”. In my opinion the bear market is always a good time to buy bitcoins if you are hodling long term. The perfect time to enter the market is futile because the perfect market conditions may never come. Ultimately you get a good feeling knowing you bought low when the bull seasons kicks off " Buy Low and Sell High" is what we should put into our minds. Investing seems too easy to think but many of us are not consistent with the simple strategy that I've mentioned, many have gone far and emotionally stressed when the market price never increases after buying. In fact, as we observe the movement of the whales, they take advantage of the situation while the community is in panic and full of fear. Whales catch all of their coins as they sell them at low prices. It was to say they not all are capable to handle stress and can manage their emotions. Many had often changed their minds after seeing the chart and then decide without thinking twice. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GreatArkansas on December 27, 2022, 11:17:54 PM Despite the current bearish market that took some time lately and mostly this year I believe that Bitcoin will eventually become bullish again. While I don't necessarily trust technical analysis, I believe that the current bearish market is simply a temporary downturn in the overall trend of Bitcoin. Technical analysis is important if you are a trader, so you really need to analyze the technical part of it, like looking at charts and identifying different patterns, volumes, momentum, etc.(.....) For the long-term side, for me yes, seems normal. Everyone wants Bitcoin to have a good price in the future. We are talking short-term here, like the current market condition we have right now. For me, this sideways price action of Bitcoin will stay even on next year, this is much better, as long as we don't do huge dump or pump in just a short period of time. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: NicNacCoin on December 27, 2022, 11:57:38 PM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, The Bitcoin market will recover, that's for sure. But there is no consensus on whether Bitcoin will go from 13K to 14K. If you want to invest, it is better to invest from the instant market right now. In 2023, it is not possible to say exactly which position the market will move to. At present the market is very much at the dumping stage if it starts pumping from here then your investment will not be successful. So, if you want to invest, invest from this market and wait for a long time if necessary.before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. https://i.imgur.com/gI2waI0.png Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: libert19 on December 28, 2022, 05:33:50 AM I have no knowledge of technical indicators but the best time to be bullish on Bitcoin is bear market, when whole world is bullish that's usually time to sell.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: worle1bm on December 28, 2022, 06:17:19 AM I am not seeing any charts at the moment because I am long term btc holder and safely having my coins in the wallet for that period without even selling them.The charts you are showing are mostly for the trading purpose and at this time I am not into it but only putting small amounts in btc whenever I have some extra income and it goes into that for same long term period.So for me I am always bullish on it and at these times also.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Sebas.tian on December 28, 2022, 06:41:33 AM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Smartprofit on December 28, 2022, 07:17:19 AM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. I practically do not use technical analysis for the purpose of predicting the change in the price of Bitcoin and other cryptocurrencies. Instead, for these purposes, I use the methods of fundamental analysis. I also have confidence that the price of Bitcoin is near the local minimum area (this bearish cycle). I don't presume to predict the moment when the price of Bitcoin will reach $20,000, but I hope that it will be soon. Now the price of Bitcoin is in the accumulation zone. At the moment, smart and prudent investors are massively buying up the first cryptocurrency. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Minor Miner on December 28, 2022, 08:30:43 AM Despite the current bearish market that took some time lately and mostly this year I believe that Bitcoin will eventually become bullish again. While I don't necessarily trust technical analysis, I believe that the current bearish market is simply a temporary downturn in the overall trend of Bitcoin. While it is true that the price of Bitcoin has been volatile in the past, it has also shown a tendency to recover and continue growing over time. While it is difficult to predict exactly when Bitcoin will become bullish again, I am confident that it will eventually happen. Overall my belief in the long-term potential of Bitcoin and my confidence in its ability to recover from market downturns is what keeps me optimistic about its future, even during bearish markets and the bad events and news this year i will stay holding Bitcoin I really don't believe in technical analysis, I think this market still has a certain manipulation, and relying on technical analysis is not enough. Since we can analyze the market, so big players and sharks can also analyze, it is extremely risky to rely on technical analysis to evaluate bitcoin. My best way is DCA everytime the price drop more and holds long until bitcoin bounces back and hits the target, I will sell bitcoin. The future of bitcoin is still very bright, and no recession or crisis can last forever, at some point, the market will have to bounce back. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: rozak on December 28, 2022, 08:59:30 AM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. those who hold Bitcoin I don't think will be affected. this is a good moment to hold on, there is a pretty good potential for more flattering trends in the market. but I guess it's not for the short term. but the current market situation will probably be better. not as bad as it is already. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: borovichok on December 29, 2022, 07:17:20 AM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: wxa7115 on December 31, 2022, 12:47:06 AM I really don't believe in technical analysis, I think this market still has a certain manipulation, and relying on technical analysis is not enough. Since we can analyze the market, so big players and sharks can also analyze, it is extremely risky to rely on technical analysis to evaluate bitcoin. My best way is DCA everytime the price drop more and holds long until bitcoin bounces back and hits the target, I will sell bitcoin. The future of bitcoin is still very bright, and no recession or crisis can last forever, at some point, the market will have to bounce back. It is true that when a market is subject to heavy manipulation then technical analysis can lose some of its effectiveness or even become completely useless, and while it is undeniable that whales have a lot of influence in this market, to disregard technical analysis completely seems like a mistake to me.Technical analysis as imperfect as it can be is still the best tool we have available to us, since we do not have access to the same wealth and connections those whales enjoy and which they use to manipulate the market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Ayers on December 31, 2022, 03:40:13 AM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. It is difficult to confirm that bitcoin will not fall anymore, the possibility that bitcoin will continue to fall is there because, with the negative information spreading in the market, it is likely that we will soon receive a new drop in bitcoin. However, you are right. Don't wait and now is the best time to buy as we may not have reached the bottom yet, but we are very close to doing so, so we buy now will not lead to any loss what big. Today is the last day of the year, and there are no surprises as you would expect, and I also suspect that we will unlikely see a price increase in the first days of the new year. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: bittraffic on December 31, 2022, 11:43:18 AM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. It is difficult to confirm that bitcoin will not fall anymore, the possibility that bitcoin will continue to fall is there because, with the negative information spreading in the market, it is likely that we will soon receive a new drop in bitcoin. However, you are right. Don't wait and now is the best time to buy as we may not have reached the bottom yet, but we are very close to doing so, so we buy now will not lead to any loss what big. Today is the last day of the year, and there are no surprises as you would expect, and I also suspect that we will unlikely see a price increase in the first days of the new year. After all, every bear market's bottom price is always better than the last bear market. That's always a good reason to buy and hold. The price may drop down to 14K just as others have been saying actually. They may relate the price crash again to the economy and stock market collapse. Although its sad to see BTC still didn't decouple from traditional finance, I'm still up to seeing the long-term RSI indicator to be a good buy even on $16500. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: ethereumhunter on December 31, 2022, 06:19:37 PM I'm still in a bullish position now, even though the price tends to experience a sideways mode and is still stable at the current price range. Maybe there will be a surprise after the new year and let's hope it's the price increase we've been waiting for. But we also have to be prepared if the price drops again and don't panic because that is a good moment to buy bitcoin and increase the amount of bitcoin we have. Moreover, next year is just around the corner and after that, we enter the first week of next year so anything can happen. Have your money ready if you feel it is the right time to buy bitcoins.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: ShowOff on December 31, 2022, 06:52:13 PM I dunno, I don't think I need to trust the lines in the image, but I can understand what your analysis is for.
Even if bitcoin actually has a two direction, most of us only seem concerned with being bullish in the long term. The journey will not be smooth, that is due to fluctuation based on various condition including global economic condition, but in the long term we believe more bullish than bearish. Have your money ready if you feel it is the right time to buy bitcoins. Of course they need to think about it, the 75% off ATH should be taken advantage of even if they need to consider DCA.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Ayers on January 01, 2023, 12:28:00 PM ~~ Although its sad to see BTC still didn't decouple from traditional finance, I'm still up to seeing the long-term RSI indicator to be a good buy even on $16500. It is a fact that many people do not want to accept, bitcoin is a decentralized asset, but it cannot escape the constraints of the current economy or financial industry. Once this problem is not solved, bitcoin will hardly be considered as a hedge against inflation. 2022 was a challenging year for bitcoin as we had inflation and what happened was not what we expected bitcoin also depreciated due to inflation. But if we can keep it long, maybe until the next crisis, inflation, perhaps it will work. We may not have bottomed yet, but I believe we are very close to the bottom, so there is no reason to wait and not buy. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: virasisog on January 01, 2023, 04:47:01 PM ~~ Although its sad to see BTC still didn't decouple from traditional finance, I'm still up to seeing the long-term RSI indicator to be a good buy even on $16500. It is a fact that many people do not want to accept, bitcoin is a decentralized asset, but it cannot escape the constraints of the current economy or financial industry. Once this problem is not solved, bitcoin will hardly be considered as a hedge against inflation. 2022 was a challenging year for bitcoin as we had inflation and what happened was not what we expected bitcoin also depreciated due to inflation. But if we can keep it long, maybe until the next crisis, inflation, perhaps it will work. We may not have bottomed yet, but I believe we are very close to the bottom, so there is no reason to wait and not buy. Bitcoin and the whole market are hardly affected by the economic crisis and it will never be exempted. However, Bitcoin could still resist and recover if ever the situation gets better. Others may fear the current market condition but tough and experienced investors are still waiting for the bottom to buy and take advantage of it. The right mindset really works during this situation so we should always look at the brighter side of the bearish season. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Kgdktac on January 01, 2023, 05:13:31 PM Being bullish on an asset does not guarantee that its price will increase, and it is important for investors to carefully consider their investment decisions and to be aware of the risks involved. That being said, it is possible for an asset to perform well even during a bear market, and it is up to each individual to decide whether they believe that an asset is a good investment based on their own analysis and research.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GigaBit on January 01, 2023, 05:25:07 PM Quote from: fennic I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. I think, this is the best time to buy and hold Bitcoin because the price will not decrease to $14,000 before it will start pumping in a way investors and traders will prepare to receive something good from their long investment. If you can embrace this season to buy Bitcoin and hold, it will really help you to achieve passive income in your investment because it will be difficult for the price to decrease more than the current price. The price will definitely improve higher before the end of this month, because the price is still moving between $16,000 and $17,000 which is a sign that investors will soon experience bullish market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Coin_trader on January 01, 2023, 05:30:38 PM Being bullish on an asset does not guarantee that its price will increase, and it is important for investors to carefully consider their investment decisions and to be aware of the risks involved. That being said, it is possible for an asset to perform well even during a bear market, and it is up to each individual to decide whether they believe that an asset is a good investment based on their own analysis and research. You will notice what’s the reason why he is bullish despite bear market if you will read the content of the OP and not only the title. He saw a possible falling wedge pattern which is a good indicator for a potential reversal. He is bullish because the price might pump after hitting the target price which I agree base on the chart he provides. Although there’s a chance too that the dip will invalidate this TA once the selling pressure at that time is strong since many traders is expecting for the price to reach 13k while his target is around 14k. Bitcoin is proven performing good despite bearish in the long run. It’s nonsense to discuss the credibility of Bitcoin as good token to buy during bearish season since it’s the most good performing coin in cryptomarket. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: kamvreto on January 01, 2023, 07:01:12 PM ~snip~Bitcoin is proven performing good despite bearish in the long run. It’s nonsense to discuss the credibility of Bitcoin as good token to buy during bearish season since it’s the most good performing coin in cryptomarket. if you still doubt bitcoin then they don't know the real potential of bitcoin. Bitcoin is the main coin to choose from when the market is not as good as it is today. bitcoin is a digital asset for long-term investment and seeing the returns over a period of several years, of course it will be worth it. the current bear market is the best time to continue to collect and hold bitcoins. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Smartprofit on January 02, 2023, 03:30:10 PM I'm still in a bullish position now, even though the price tends to experience a sideways mode and is still stable at the current price range. Maybe there will be a surprise after the new year and let's hope it's the price increase we've been waiting for. But we also have to be prepared if the price drops again and don't panic because that is a good moment to buy bitcoin and increase the amount of bitcoin we have. Moreover, next year is just around the corner and after that, we enter the first week of next year so anything can happen. Have your money ready if you feel it is the right time to buy bitcoins. In my opinion, the collapse of the FTX cryptocurrency exchange had a negative impact on the entire crypto industry. This negative effect will have far-reaching consequences. In the future, the collapse of the cryptocurrency exchange Bitfinex and Tether is possible. The collapse of the Binance cryptocurrency exchange is also possible. The collapse of the FTX cryptocurrency exchange has weakened the position of Bitcoin lobbyists in Washington. As a result, there are many uncertainties associated with the upcoming legislative regulation of the crypto industry. All this does not contribute to the rise in the price of bitcoin in the next 12 months. In this regard, in the next 12 months, I expect a flat period (low volatility and stabilization of the price of the first cryptocurrency). Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Zilon on January 02, 2023, 06:49:25 PM I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Don't get surprise if the price falls below $14 because the wedge if forming a lower high, indicating a strong bearish push. If you look closely after the consolidation before (1) where the wedge starts to form, the highs didn't go above the previous highs and this keeps repeating. Position (5) on the ascending wedge will not cause any break out now because the wicks and trend isn't strong enough to push price up. This is a good accumulation phase where DCA comes in handy to be bullish.Here is chart that I am giving technical knowledge. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: TheUltraElite on January 03, 2023, 02:51:52 PM if you still doubt bitcoin then they don't know the real potential of bitcoin. Bitcoin is the main coin to choose from when the market is not as good as it is today. bitcoin is a digital asset for long-term investment and seeing the returns over a period of several years, of course it will be worth it. the current bear market is the best time to continue to collect and hold bitcoins. It can be difficult to explain to a no-coiner showing the "stagnant at 16kUSD" charts of bitcoin in the last few days as a symbol to keep holding but we have to keep away from that cherry picker crew and consider their folly as our advantage. The potential of bitcoin comes from its support from the community and that is defenitely strong here. Therefore there must be selling pressure balancing our buying pressure at this time of the market.Possible that we might drop back to bearish but then again it is the good chance to buy if you have cash at hand. But we all hope for the bullish market and it will come surely but maybe not immediately. Not everyone will understand this because they may not have seen the big picture but we will continue to hold and buy back at the lower prices. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Altryist on January 03, 2023, 08:07:55 PM It can be difficult to explain to a no-coiner showing the "stagnant at 16kUSD" charts of bitcoin in the last few days as a symbol to keep holding but we have to keep away from that cherry picker crew and consider their folly as our advantage. The potential of bitcoin comes from its support from the community and that is defenitely strong here. Therefore there must be selling pressure balancing our buying pressure at this time of the market. The principle of any investor remains the same, you need to buy low and sell high, you need to adhere to this rule no matter what you invest in. Bitcoin is a relatively new investment tool, but it has already proven its potential and for those who understand it, it safe. It's hard to think of a better time to invest in bitcoin than now, because growth can start at any time and those who are not afraid to buy now will be rewarded for it in the future.Possible that we might drop back to bearish but then again it is the good chance to buy if you have cash at hand. But we all hope for the bullish market and it will come surely but maybe not immediately. Not everyone will understand this because they may not have seen the big picture but we will continue to hold and buy back at the lower prices. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: BossTrack on January 03, 2023, 08:20:50 PM How could you not be long term bullish when Biden and his cronies are printing money like absolute fiends with no sign of slowing. I kind of knew this would happen when covid was new.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: dunfida on January 03, 2023, 08:40:41 PM It can be difficult to explain to a no-coiner showing the "stagnant at 16kUSD" charts of bitcoin in the last few days as a symbol to keep holding but we have to keep away from that cherry picker crew and consider their folly as our advantage. The potential of bitcoin comes from its support from the community and that is defenitely strong here. Therefore there must be selling pressure balancing our buying pressure at this time of the market. The principle of any investor remains the same, you need to buy low and sell high, you need to adhere to this rule no matter what you invest in. Bitcoin is a relatively new investment tool, but it has already proven its potential and for those who understand it, it safe. It's hard to think of a better time to invest in bitcoin than now, because growth can start at any time and those who are not afraid to buy now will be rewarded for it in the future.Possible that we might drop back to bearish but then again it is the good chance to buy if you have cash at hand. But we all hope for the bullish market and it will come surely but maybe not immediately. Not everyone will understand this because they may not have seen the big picture but we will continue to hold and buy back at the lower prices. Some cant really just make themselves to be bullish basing up on seeing on the current market condition that we do have now.It is really that hard to make yourself that get into that position if you are seeing a very long bearish situation which would already giving you doubts if this market would really be good on upcoming months or years to come. ITs not bad to be bullish or optimistic but not on a certain point that you do really believe that much because there would be no always a guarantee. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 04, 2023, 06:08:42 PM I see that many are optimistic in anticipation of a bull run. But I also remember from previous cycles, while such optimists are the majority in the market, we will not see a bull run, which will surely come after the last optimist sells his coins and leaves the market.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Chainsmokers on January 04, 2023, 10:43:57 PM ~snip~Bitcoin is proven performing good despite bearish in the long run. It’s nonsense to discuss the credibility of Bitcoin as good token to buy during bearish season since it’s the most good performing coin in cryptomarket. if you still doubt bitcoin then they don't know the real potential of bitcoin. Bitcoin is the main coin to choose from when the market is not as good as it is today. bitcoin is a digital asset for long-term investment and seeing the returns over a period of several years, of course it will be worth it. the current bear market is the best time to continue to collect and hold bitcoins. because indeed Bitcoin is one that cannot be doubted in long-term investments and I think almost everyone knows about it, and with a bear market this is a good time to collect it like you said Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: dunfida on January 04, 2023, 11:39:06 PM I see that many are optimistic in anticipation of a bull run. But I also remember from previous cycles, while such optimists are the majority in the market, we will not see a bull run, which will surely come after the last optimist sells his coins and leaves the market. When you arent that completely having no trust on this market specially with Bitcoin then you would likely ending up on selling your stash which is really a very common mistake to be done.Those perma bulls would be really that sticking into their plans and the best time to accumulate cheaper coins when everyone is really on fear and doubt which do simply shows out about blood on the streets.We do have that common saying that buy when others are fearful and sell when everyone is greedy. Its a matter of mindset and a mix of your experience towards the market which would be basing on your future actions. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 05, 2023, 11:19:23 AM I see that many are optimistic in anticipation of a bull run. But I also remember from previous cycles, while such optimists are the majority in the market, we will not see a bull run, which will surely come after the last optimist sells his coins and leaves the market. When you arent that completely having no trust on this market specially with Bitcoin then you would likely ending up on selling your stash which is really a very common mistake to be done.Those perma bulls would be really that sticking into their plans and the best time to accumulate cheaper coins when everyone is really on fear and doubt which do simply shows out about blood on the streets.We do have that common saying that buy when others are fearful and sell when everyone is greedy. Its a matter of mindset and a mix of your experience towards the market which would be basing on your future actions. Yes, I did sell most of my bitcoins. Of course, the sale price could have been higher, but I am nevertheless pleased that I sold BTC at almost the maximum price and can now buy even more bitcoins than I had before. As for "buy when others are fearful and sell when everyone is", so many were already afraid and bought bitcoin when its price dropped to $30000 and are now just watching the market, as they have exhausted their stock of stablecoins. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: South Park on January 05, 2023, 08:24:34 PM How could you not be long term bullish when Biden and his cronies are printing money like absolute fiends with no sign of slowing. I kind of knew this would happen when covid was new. Money printing seems to be a problem for all governments around the world regardless of their political leaning, this tell us the problem is fiat itself, it gives too much power to the governments and despite their promises they are not going to use it they always break them, this is exactly the problem described by Satoshi on his white paper, so it is not really surprising that under those circumstances bitcoin will do well and even thrive, while fiat currencies suffer as the more they get printed the less value they have.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Mahanton on January 05, 2023, 08:42:33 PM How could you not be long term bullish when Biden and his cronies are printing money like absolute fiends with no sign of slowing. I kind of knew this would happen when covid was new. Money printing seems to be a problem for all governments around the world regardless of their political leaning, this tell us the problem is fiat itself, it gives too much power to the governments and despite their promises they are not going to use it they always break them, this is exactly the problem described by Satoshi on his white paper, so it is not really surprising that under those circumstances bitcoin will do well and even thrive, while fiat currencies suffer as the more they get printed the less value they have.to make out such decisions on printing on huge scale considering that there would be always a consequences or negative things to that.Going back on crypto investment and being bullish with Bitcoin despite of the market condition then it is really hard since emotion would really be having that huge effect and influence in regard to our possible actions to be made basing on what we felt and what we do saw. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: sana54210 on January 06, 2023, 08:26:40 PM When you arent that completely having no trust on this market specially with Bitcoin then you would likely ending up on selling your stash which is really a very common mistake to be done. Yes, I did sell most of my bitcoins. Of course, the sale price could have been higher, but I am nevertheless pleased that I sold BTC at almost the maximum price and can now buy even more bitcoins than I had before. As for "buy when others are fearful and sell when everyone is", so many were already afraid and bought bitcoin when its price dropped to $30000 and are now just watching the market, as they have exhausted their stock of stablecoins.Those perma bulls would be really that sticking into their plans and the best time to accumulate cheaper coins when everyone is really on fear and doubt which do simply shows out about blood on the streets.We do have that common saying that buy when others are fearful and sell when everyone is greedy. Its a matter of mindset and a mix of your experience towards the market which would be basing on your future actions. If you had 1 bitcoin at 68k and sold it, that means you could have bought 4.25 bitcoins when the price went to 16k, wish I did that. It's still in profit so I am not upset, but when it goes to 100k lets say, one would have 100k, the other would have 425k dollars. That difference is huge, and people make money this way, do this a few times and you are a millionaire from all the ups and downs without putting more money in. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 06, 2023, 10:53:17 PM Wish I could have done that, I am a long term holder and because of that I held my bitcoin when it was 5k but also held it when it was 65k as well, never sold, this caused me to have some profit now, but could had 3x more profit, close to 4x more profit right now... This story will be repeated regularly and if you look at the bitcoin chart, you will see that investors had many chances to sell their bitcoin at the maximum price, and then buy several times more BTC with the proceeds. And the one who once went through this, in the next bull cycle will definitely sell their coins, trying to buy later at the lowest price. The main thing is not to get cheap. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Marcorey on January 07, 2023, 06:13:21 AM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, Long-term investors are generally optimistic about the market and know that now is the best time to buy at low prices. The bear market is an inevitable cycle in the encryption market. Bitcoin still has strong market support, and the price will increase when it enters the bull market again.before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Poker Player on January 07, 2023, 06:18:27 AM Long-term investors are generally optimistic about the market and know that now is the best time to buy at low prices. The bear market is an inevitable cycle in the encryption market. Bitcoin still has strong market support, and the price will increase when it enters the bull market again. Yes, and not only with respect to Bitcoin. I invest in the US stock market as well, and instead of thinking that it's a shame that it's gone down, what I do is take advantage of it to buy cheap. If the asset you buy is top quality, it always goes up in the long run. Times like this are good to buy on sale. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: LUCKMCFLY on January 07, 2023, 01:53:57 PM OP's analysis is something very good, I think the things he predicts can happen, for me there are many things in context that can be presented, and for me Elliot waves is another way of looking at it, in my case I don't I want to see it like this, because I see the market as a constant re-accumulation that can occur, however, since it is re-accumulating, I would not use Elliot waves yet, since when I do my analysis I do it through Wyckoff theory , and this is something that can vary depending on the analyst, I really like using it but in the long term, I am not able to analyze in the short term or scalping, I think I still do not have that skill developed.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Chainsmokers on January 07, 2023, 04:49:18 PM Long-term investors are generally optimistic about the market and know that now is the best time to buy at low prices. The bear market is an inevitable cycle in the encryption market. Bitcoin still has strong market support, and the price will increase when it enters the bull market again. Yes, and not only with respect to Bitcoin. I invest in the US stock market as well, and instead of thinking that it's a shame that it's gone down, what I do is take advantage of it to buy cheap. If the asset you buy is top quality, it always goes up in the long run. Times like this are good to buy on sale. I myself also trade and always experience failure, yes pump and dump always occur in the crypto market last year , and let's hope that 2023 is the start of a bull market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Inwestour on January 07, 2023, 05:14:23 PM This story will be repeated regularly and if you look at the bitcoin chart, you will see that investors had many chances to sell their bitcoin at the maximum price, and then buy several times more BTC with the proceeds. And the one who once went through this, in the next bull cycle will definitely sell their coins, trying to buy later at the lowest price. The main thing is not to get cheap. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Cling18 on January 07, 2023, 05:34:51 PM This story will be repeated regularly and if you look at the bitcoin chart, you will see that investors had many chances to sell their bitcoin at the maximum price, and then buy several times more BTC with the proceeds. And the one who once went through this, in the next bull cycle will definitely sell their coins, trying to buy later at the lowest price. The main thing is not to get cheap. Making decisions about whether to sell or to buy Bitcoin has always been a challenging thing because the price is unpredictable but if we know how to analize the market, we'll be firm in our decisions. Taking advantage of every market situation and not missing out on all the open opportunities to buy and sell would be the most profitable strategy. But when in doubt, hold and wait for the bullish season. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Mpamaegbu on January 07, 2023, 05:54:24 PM ~snipped~ How can you tell if the price is at its high? You can sell earlier, and then the price will still rise, or after the sale, you can buy too early. This is easy to say when you already see the graph, but it is difficult to do when you need to make a decision in real time.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 07, 2023, 09:31:05 PM How can you tell if the price is at its high? You can sell earlier, and then the price will still rise, or after the sale, you can buy too early. This is easy to say when you already see the graph, but it is difficult to do when you need to make a decision in real time. Although you are right that the price has been at ATH for a long time, and for a long time it is at the bottom, if you do not rush, then there will always be a chance. You can, if you have the skills, manipulate it yourself. As I noticed, after you sell coins, the price usually continues to increase and, accordingly, vice versa, when you do not sell coins, the price decreases. So it is very difficult to predict further price movement here. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Johnyz on January 07, 2023, 09:37:27 PM How can you tell if the price is at its high? You can sell earlier, and then the price will still rise, or after the sale, you can buy too early. This is easy to say when you already see the graph, but it is difficult to do when you need to make a decision in real time. Although you are right that the price has been at ATH for a long time, and for a long time it is at the bottom, if you do not rush, then there will always be a chance. You can, if you have the skills, manipulate it yourself. As I noticed, after you sell coins, the price usually continues to increase and, accordingly, vice versa, when you do not sell coins, the price decreases. So it is very difficult to predict further price movement here. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Sayeds56 on January 08, 2023, 02:31:51 AM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. https://i.imgur.com/E3zGcPd.png Though I am not a market analyst, but I agree with your opinion that worst is over now, and Bitcoin is already bottomed out. We might not see Bitcoin falling to 14K or even lower, but it can only happen if we see repeat of FTX like collapse of any big exchange. Next week CPI report of December-22 will be released. Hopefully, CPI report will reflect more of falling trend in inflation. Falling of inflation may tempt FED to end interest rate increase which will be good news and likely to trigger buying in crypto. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 08, 2023, 01:29:30 PM Though I am not a market analyst, but I agree with your opinion that worst is over now, and Bitcoin is already bottomed out. We might not see Bitcoin falling to 14K or even lower, but it can only happen if we see repeat of FTX like collapse of any big exchange... It should be noted that those who are optimistic and believe that we have started an upward movement in the market - 50%. The other half of traders believe that we have not yet seen the minimum price and expects that they will have the opportunity to buy bitcoin for 8-10 thousand dollars. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: crwth on January 08, 2023, 01:37:30 PM Next week CPI report of December-22 will be released. Hopefully, CPI report will reflect more of falling trend in inflation. Falling of inflation may tempt FED to end interest rate increase which will be good news and likely to trigger buying in crypto. I do hope that the consumer price index will be off, resulting into a positive upside of the price of cryptocurrency, mainly bitcoin. I am hopeful that it would be an effective one and put the result into a positive instead of those negative surrounding crypto now. I’m quite biased because I want to buy more at a lower price, but I don’t want seeing the market go down again too much that a lot of people would probably get out again. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: CapGelatik on January 08, 2023, 01:38:48 PM Though I am not a market analyst, but I agree with your opinion that worst is over now, and Bitcoin is already bottomed out. We might not see Bitcoin falling to 14K or even lower, but it can only happen if we see repeat of FTX like collapse of any big exchange... It should be noted that those who are optimistic and believe that we have started an upward movement in the market - 50%. The other half of traders believe that we have not yet seen the minimum price and expects that they will have the opportunity to buy bitcoin for 8-10 thousand dollars. so it's better to take advantage of the opportunities that exist to buy but it all also depends on each other's decisions, it will be too long maybe if waiting for the minimum price Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: taufik123 on January 08, 2023, 03:38:12 PM It should be noted that those who are optimistic and believe that we have started an upward movement in the market - 50%. The other half of traders believe that we have not yet seen the minimum price and expects that they will have the opportunity to buy bitcoin for 8-10 thousand dollars. so it's better to take advantage of the opportunities that exist to buy but it all also depends on each other's decisions, it will be too long maybe if waiting for the minimum price Just hoping that 2023 will be a year of recovery for bitcoin and altcoins. 2022 was already full of unexpected dips and some FUD news that sent the crypto price crashing even further. are we ready for the next decline this year, or will we continue the rally until the 4th cycle will occur? let's wait what surprises will happen in the crypto market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 08, 2023, 05:20:35 PM Take advantage of the -70% downside when this is already a good opportunity. If you still hope for another decrease in the price of 8k-10k, that is each person's choice. But a price that low is still too far for now, unless the market is really not doing well and lots of FUD require bitcoin to collapse again... Many would like to see not 70%, but 95%. But the reality is that bitcoin, unlike most altcoins, cannot lose such a percentage of its value. And if this really ever happens, then it will be possible to say that this is a complete collapse of the cryptocurrency market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Sayeds56 on January 09, 2023, 05:06:08 AM Take advantage of the -70% downside when this is already a good opportunity. If you still hope for another decrease in the price of 8k-10k, that is each person's choice. But a price that low is still too far for now, unless the market is really not doing well and lots of FUD require bitcoin to collapse again... Many would like to see not 70%, but 95%. But the reality is that bitcoin, unlike most altcoins, cannot lose such a percentage of its value. And if this really ever happens, then it will be possible to say that this is a complete collapse of the cryptocurrency market. The things are getting better now, and this morning market opened with positive trend with Bitcoin price increasing by 2%, currently it is trading at $17223 which is above its pivot point (16,818) on weekly chart. This is a sigh of relief for Bitcoin traders who make their living by trading in crypto. If this trend continues, there is a possibility that Bitcoin breaks its next resistance at 18,800, and CPI report comes in line with market expectations, then Bitcoin is likely to close above 20K by the end of current week. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: tvplus006 on January 09, 2023, 02:36:28 PM The things are getting better now, and this morning market opened with positive trend with Bitcoin price increasing by 2%, currently it is trading at $17223 which is above its pivot point (16,818) on weekly chart. This is a sigh of relief for Bitcoin traders who make their living by trading in crypto. If this trend continues, there is a possibility that Bitcoin breaks its next resistance at 18,800, and CPI report comes in line with market expectations, then Bitcoin is likely to close above 20K by the end of current week. The fact that the price of bitcoin has increased by 2% cannot prevent it from falling by 5-10% in the next 2-3 days. And of course it cannot serve as a confirmation that the market has turned around and an upward movement is beginning. But everyone can make a small profit if they have opened a long position. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GeorgeJohn on January 09, 2023, 03:03:16 PM So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen? We don't need to be curious of the price of Bitcoin either it will increase today or fall tomorrow, what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right? Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Rodriguezan on January 09, 2023, 07:48:09 PM I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: milewilda on January 09, 2023, 09:19:17 PM I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again. Dont make yourself that too positive or expecting to be like that so you wont really be finding yourself to be frustrated or annoyed on the time that the price didnt move on what you had anticipated.Just be versatile and accept out on whatever things that you should be able to adjust.A market could really be having that two possible movement which is bear and bull and we dont really be able to know on when the market would be making out some significant movement.Now that we are seeing that the price is gradually clinging up but it doesnt assure nor tells us that it is really the start of the market switch up. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: blockman on January 09, 2023, 11:47:02 PM I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again. Not to burst your positive bubble but with what I've learned in the past years with the market during these bulls and bears it is that I shouldn't time the market.We know that bull is about to come but we don't know when, whether it's going to be for this year by next year after the halving, and so on. I've just learned plenty of lessons that I shouldn't be overwhelmed by the market because things might go differently from our expectations if it has ever happened based from the given time that I'm thinking about. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: sana54210 on January 10, 2023, 03:19:53 PM So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen? We don't need to be curious of the price of Bitcoin either it will increase today or fall tomorrow, what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right? But, what can you do about that drop? Absolutely nothing. Which means that you should instead focus on the future and we have no idea if the future is bearish or not. It could be a lot better in the coming year, maybe in 2023 we will peak at 100k, maybe peak at only 30k but we could have a good year and we should be caring more about that. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Mahanton on January 11, 2023, 09:49:20 PM So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen? We don't need to be curious of the price of Bitcoin either it will increase today or fall tomorrow, what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right? But, what can you do about that drop? Absolutely nothing. Which means that you should instead focus on the future and we have no idea if the future is bearish or not. It could be a lot better in the coming year, maybe in 2023 we will peak at 100k, maybe peak at only 30k but we could have a good year and we should be caring more about that. and anxiety towards the market which would result out for panic selling.Good for those who had sell out on peak and assuring out their profits and bad to those who had been caught and leaving themselves on the top. If you are really that came prepared before you do tend to engage on crypto space then you wont really be making yourself that impulsive for whatever things that you would be facing on Just do the basics when it comes to risk taking and having that proper control of emotion. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: JeffBrad12 on January 11, 2023, 11:27:47 PM I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again. this year around gonna be tough year, there are many things need to be overcomed first like the crisis around the world, I think it make sense more if the market will just remains like this, but of course if there's bullish around the corner that's gonna be welcomed but always prepare for the worst since quite literally there are many lays off which means economic crisis is coming for real.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Fullcoinese on January 12, 2023, 05:24:56 AM I am quite bullish on Bitcoin and I believe that the bullrun will definitely return this 2023, either from Q2 or Q3. I am so optimistic that BTC will rise again. this year around gonna be tough year, there are many things need to be overcomed first like the crisis around the world, I think it make sense more if the market will just remains like this, but of course if there's bullish around the corner that's gonna be welcomed but always prepare for the worst since quite literally there are many lays off which means economic crisis is coming for real.although the situation would be much different. because this crisis has been discussed by many economic observers. this would probably be a real hit for all markets. we still don't know what attitude traders and investors will show. because when a crisis occurs, almost all business sectors will be hit. if more would come into the market, it would be a great response. but if more is out of the market for real assets. that would be bad enough for the crypto market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Blawpaw on January 12, 2023, 08:16:02 AM Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but, before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k, but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA) & Next Elliot 5th wave will be huge 🔥⏳ I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks. Here is chart that I am giving technical knowledge. https://i.imgur.com/gI2waI0.png Im starting to het bulish as well. Bitcoin is going up bit we may see a rejection. It Broke out from the bearish triangle and touched $18.4k level. Currently, there is a strong resistance at $18.3k-$18.5k. the Bulls need to clear the resistance level and hold above it by daily close for more upside movement. A rejection from here will take the price down to $17k-$17.5k. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: pawanjain on January 13, 2023, 03:32:06 AM I guess the bottom for bitcoin is in since the price is spiking up by the time we speak.
Currently price of bitcoin is around $18.7k which is a good sign since the price was idle around $16k. It's kind of a relief to see bitcoin goin up again since we have come down all the way from $69k. But again we cant be sure if the bottom is completely in because we have see such pumps followed by huge dumps again. So we'll have to carefully monitor this trend and DCA at the right time to take good profits. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Stunish on January 13, 2023, 10:00:05 AM The bull market creates stupid investors,
Stupid investors create a bear market, The bear market creates smart investors, Smart investors create a bull market.🔄 Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Majestic-milf on January 13, 2023, 11:03:03 AM I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Volimack on January 13, 2023, 02:26:06 PM Investing in bitcoin is nothing to be dissatisfied about the popular request of utmost dealers and investors is the bull request. This is because the value of the shares is constantly rising in the bull request. But when the stocks come overrated in the bull request, it becomes veritably dangerous for the investors. In this situation of the request, when the stock price is constantly above utmost people get greedy and aggressively invest in haste without any analysis.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: fullhdpixel on January 13, 2023, 05:49:43 PM I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over. I do agree that it looks a lot better right now and that means the increase should be pointing out to something. The initial thing that comes to mind is that 2022 was a bad bear year and 2023 will be a different year, people took that 1st of January as a clean cut of a whole new start to everything and willing to spend more money on bitcoin.However, we should also be aware of the fact that crypto is not the whole thing, there is a true situation where we will end up with a proper result in the long run. I mean it is not going to be that much of a hard deal if we keep it going, but if we do not then people should be ready for the price to not be bullish right away. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: AmoreJaz on January 15, 2023, 11:38:17 PM I'm quite bullish on the price of Bitcoin. We all saw the tumultuous period Bitcoin went through last year and I was forced to conclude it'd remain that way till the end of January, but an amazing turn of events has seen it's price spiking up. At present, BTC is $18,907k and I won't be surprised to see it has climbed to $19k before the day's over. I do agree that it looks a lot better right now and that means the increase should be pointing out to something. The initial thing that comes to mind is that 2022 was a bad bear year and 2023 will be a different year, people took that 1st of January as a clean cut of a whole new start to everything and willing to spend more money on bitcoin.However, we should also be aware of the fact that crypto is not the whole thing, there is a true situation where we will end up with a proper result in the long run. I mean it is not going to be that much of a hard deal if we keep it going, but if we do not then people should be ready for the price to not be bullish right away. though last year seemed to be a bearish season, it was a very good opportunity for some to collect more satoshis at a cheaper price. because right now, if they bought it around 17k, they are already reaping their profits at today's price. but guess, they won't be selling at 20k but will wait for better price to come. that's why bearish or bullish, it depends on the user how he will attack the market. will he get disappointed or look for alternative options how to get the most out of this volatile market? Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: GeorgeJohn on January 16, 2023, 05:20:46 AM Recovery will happen soon and its inevitable, we know this already and those who are prepared will get a huge reward in the next bull run. There’s no assurance though for the next drop, so better to buy now and just buy more if Bitcoin drops to that $14k level. 2023 will be a great year for crypto, let’s be more positive on this. Even now that the market is showing little acceleration, i think that it should be better to invest now and wait until the bullrun will come fully, because what we are saying concerning the market changing is just like a preamble. So i believe we have to scrutinized the market by using chart to understand the strength of bullsh market before by purchasing coins.Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: TheUltraElite on January 20, 2023, 02:03:55 PM Smart investors create a bull market. Smart investors make money from the market, they are not the reason of a bull market. Rather smart investors will sell in a bull market making it a bear market and so it might seem as if they caused the bear market, which is again a false narrative.Being bullish like I said, takes courage and knowledge about previous days of that asset. Not everyone has the guts to make such predictions and therefore new investors find it difficult to conclude that future days of the same asset would be good. However it is a cycle and watching it closely one can opine over the course of a few years that indeed investing in bitcoin at low prices means profits. That is what a smart investor has in the back of their mind. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Hamza2424 on January 20, 2023, 05:13:01 PM I think the overall market is pretty Bullish as per recent developments. I was in doubt until last day that market might be in trap situations. But today I'm now sure for now that yes the bull really is going to be continue a small doubt still exists and it is going to be remaining until BTC break 24k 25k resistance. After that I'm sure Market is highly Bullish.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: stomachgrowls on January 20, 2023, 07:47:30 PM I think the overall market is pretty Bullish as per recent developments. I was in doubt until last day that market might be in trap situations. But today I'm now sure for now that yes the bull really is going to be continue a small doubt still exists and it is going to be remaining until BTC break 24k 25k resistance. After that I'm sure Market is highly Bullish. Im not really that still that confident that this would really be running through all the way to 25k but if it would then it will really be good on seeing those numbers again but i doubt that this would be a smooth sail ride.Im waiting for the significant effects of this news. Genesis, a Crypto Lending Firm, Files for Bankruptcy https://www.nytimes.com/2023/01/20/technology/genesis-bankruptcy-crypto.html If the market wont really be affected out with this fundamental then its good but i still highly doubt on this one. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: LUCKMCFLY on February 05, 2023, 02:03:24 PM I am also very optimistic, I know that bitcoin will go up, for now bitcoin has been going up in an integral way and I like that, it is something that we have all been waiting for, normally this little rally that has happened I expected it to happen more than 4 months ago I had a lot of hope for December 2022, but I think that the conditions are not yet given, I think that one of the things is also because we are waiting for the whales to make their move, we can also see that some have moved their money from exchanges to their wallets, because of FTX, and it is normal, now a natural indicator is when we see that many funds are moved to exchanges.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Lida93 on February 05, 2023, 09:41:01 PM So you mean this week bitcoin's value may fall further between 14k$-13k$ and this is a good opportunity to buy it again and hold? How sure are you technical analysis dude that this is going to happen? what i want you to know is that, according to the chart of Bitcoin we are still in the bearish market, even though Bitcoin have a little change in the market and it happened that the price its up to twenty thousand with this period, so it's as same as bearish season.Because according to the chart that I see, what you say can and cannot happen, dude. Because the market is unpredictable, its value can go up and down at any moment. Are you suggesting that bitcoin holders sell now and wait for it to fall to around 14k$-13k$ right? So in my opinion the market status all depends at what price you jumped in relative to the current market. Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: martyns on February 07, 2023, 08:50:05 PM Always happy to see the market stutter into a slump with long red candles on the bitcoin chart and a clear downturn. When my coworkers were moaning about their losses during the bear market, I was really calm because I had a straightforward strategy when I first entered the market. consistently snagging more coins during bear seasons and selling heavily during bull seasons. The both seasons doesn't last, either a bull season is enforced or bear.
Title: Re: I am Bullish On Bitcoin Despite Bear market Post by: Fatunad on February 07, 2023, 10:31:05 PM Always happy to see the market stutter into a slump with long red candles on the bitcoin chart and a clear downturn. When my coworkers were moaning about their losses during the bear market, I was really calm because I had a straightforward strategy when I first entered the market. consistently snagging more coins during bear seasons and selling heavily during bull seasons. The both seasons doesn't last, either a bull season is enforced or bear. For those experienced ones then they would really be seeing on this way on which on the time that bears do take up the pace or the trend then this is where we do see the opportunity for us to get in.For those who do have the money or funds will really be longing on waiting for the bottom price and where everyone is on panic which is the right indication that this would be the right time to make some entry or accumulation. You do have the experience and awareness on how this market behaves or works which it would really be that normal that you are aware on what are the move or action to be taken into these particular times but sometimes which emotions would really be boggling you up mainly. |