Bitcoin Forum

Bitcoin has continued to follow a similar pattern in its market recovery and stability, if you have focused more attention on the recent bitcoin price movement you will agree with me the fact that when Bitcoin falls back to the 30k region in three early hours of Monday it was the market lowest price for a long time take Bitcoin chat in march 2021 market for a close study since from that time till now Bitcoin has always followed the same pattern in it market movement once it breaks down to 30k region the next bull is around the corner and a great chance to buy the deep.
The year 2022 is showing the sign of following the same pattern when the price recovered back to 42k and since then have been on a positive mode that will trigger a massive bull recovery to a new all-time high.

The same situation when there's a correction in the market or a bearish situation. wherein most of the price goes deep first but afterwards it goes really high as well because buyers and a lot of investors always take the red situation as a opportunity. Just imagine how bitcoin achieved to all time high value last year.. That's what it is..i mean the most exciting part especially if you bought at the dip.. So expect after these situation bitcoin and the entire cryptocurrency will skyrocketed again.

But we have twice reach all time high last year isn't it? So that's a sign that we might have reach the top and we are entering a long bearish market, just saying.

Anyhow, it's just the start of the year and anything can happen, the price could go down deep to $30k or reaches a new all time high of around $70k++. So far though we are above $40k and I think we have to thank the support levels because it is still holding.

The real question here is at what point would it actually recover and make a massive turnaround. I'm pretty sure most of history has already proven well enough that Bitcoin enjoys doing this massive turnaround at one point of its dip that just moves close to being unstoppable. Pretty sure most investors are just waiting around for it to bounce back before they hop in, so that when everyone just hops on, it just does a massive rise. I'm also waiting for that point where I could buy and comfortably wait for it to rise tbh.

It is surely a normal occurrence with bitcoin to drop after sometime and to rise likewise and that is why some prefer to hodl more in bitcoin because from the history of bitcoin, it comes back after dip. This is equally being expected this time after the drop from the ATH last year. Nobody knows when this will happen but like the days will go by, bitcoin accumulation and news are usually a force behind it price.

It's normal decentralization will never be stable It's goes down and up.We see many times Bitcoin price when drop then It's price again rise in more.Bitcoin price more dip now. It’s high time to buy bitcoin, don't  miss the big opportunity. Buy more bitcoin and hold long time. I hope you will be get good profit from it.i hope bitcoin price will be rise again and soon.

You don't need to look at the price chart because you read the update after it happens but delve into some of the data on the network that glassnode provide:


Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.

Source: https://twitter.com/BTC_Archive/status/1480904360230072324

https://insights.glassnode.com/content/images/size/w1600/2022/01/Frame-262.png

https://insights.glassnode.com/the-week-onchain-week-02-2022/

You will find more data in the link above so we may be one step closer to 30%+ bumping.

If I can remember correctly the last dump was almost the same zone where currently playing around. I think the current trend is exactly the same as the previous trend. Although Bitcoin doesn't follow always the trend, current behavior indicates this run would till $60K zone. It would be hard to break previous ATH in current COVID waves. Not sure if any whales or institutional investors enter since it's still in dip, if it happen then my prediction would happen easily. We need a little push.

Very early to tell.

Wait for at least a few more months to see if it's really going to be the same. I like it if it's confirmed that we're going to have the same pattern as before.

$40k was the lowest just for this month and not entirely for the whole year. It could go lower any time at this point or can be back again there at the top.

It is just showing that the $40,000 level is strong support for Bitcoin right now, but we will close a daily candle below $40,000, that's the time I can say we may experience some short-term - midterm bearish.
I am still looking forward to Bitcoin being sideways with a range of $40,000 - $50,000 until this month, just a choppy sideways.

I would say, it's possible.
Bitcoin has been managed to rebound yesterday and until now, though there's no sign of a bullish trend that will happen I think it's enough news for me that there is still good news that we heard about countries adopting and there are few last investors who were invested Bitcoin.

I'm thinking that this could be our chance to accumulate before Bitcoin will create a bullish trend with this year. 
I'm still positive that there's possible Bitcoin will make again a new ATH with this year.

Definitely starting to look like that brief dip just barely under $40k may have been the bottom.
Bitcoin is extremely oversold and all the indicators are pointing to a bottom, while other indicators suggest very low supply and massive accumulation happening since the summer drop. With the market possibly just starting to turn, once people go bullish again it looks likely they're going to be buying back into a massive supply shock situation. Once the price takes off we could see it go from these low $40k's levels to $60k very quickly.

I think we'll be seeing new ATHs in the $70,000s in March. $100k+ is definitely on the table, as expected, for the second half of the year.


It's been obvious that all the bears expecting a crypto winter just because it was the end of the year were gonna have to start buying in higher soon when the market shifts again. That very well could happen this month. It amazes me that people are so bearish this past year. In May-July there was a huge chorus of people claiming a crypto winter had started and the same thing this past month or so. I think anyone who is looking at the whole picture has known a crypto winter is not coming, but so many people focused on things being the exact same as they were in previous cycles when the market was very different.

I think people will eventually start coming over to the idea that Bitcoin is in a many-year supercycle, which I've been saying since a year ago. And that supercycle is going to go through many waves like we've already seen twice in the past year: solid gains followed by healthy strong pullbacks so the price stays healthy and can just keep going up without any bear markets. Bitcoin ain't a get-rich-quick type of investment anymore, that's what crappy meme coins and random alts and nfts are now - get rich quick and get out quick before they sink. Bitcoin is turning into a steadily growing store of value now.

Short term volatility will continue to be very high because of leverage and traders, but annual volatility will be much lower. The days of insane 80% one to two year long crypto winters are over. New altcoins will go through phases of pumps and then fading away, while the 0.1% of successful alts will keep going up with Bitcoin. Bitcoin market dynamics have shifted from its first decade on the market. The store of value narrative has overtaken the speculation narrative, and we should no longer expect the macro structures of last decade to hold this decade.

If the cycle continue this way for the next few days without dropping back then possibilities are there but if not then lets expect another Bear in the following weeks or months if bad.
exactly , but of course OP is a bullish type as we can see in most posts he created  .
We all does of course  ;D
40k is the strong position of Bitcoin and it ahs been hold from the last month of 2021.

Always has been the case so I always try my best to get into the market when it's going down or if it's bearish because I know that I might be able to get a lot of profit when the prices starts pumping again. Have been able to get in this situations most of the time and I can attest that I am able to get some decent profits out of it.

The recent attempts and the subsequent failure to push bitcoin price below $40k was only successful for $500 and only a short time before price jumped backed up. It all shows the desperation of the market manipulators who bet against bitcoin and have been losing money in that bet since price doesn't want to go down any longer. Despite the big dumps by them.

However, I would hesitate talking about recovery and rising back up again since they still haven't run out of money to waste so we may continue their desperate attempts for a little longer and then the accumulation phase could also take some time.
First quarter could be very interesting time though.

Many of us are, it's normal to be bullish no matter what the market may look like.

Just be open with any possible thing with the prices. You'll not know if the price are going to be the same as always for this month. But as much as someone looks to it for the long term.

$40k is deemed to be a good support price while waiting for another big move.

Yes, the resistance in $40k is something to be appreciated. That just means there are still holders out there who believes in Bitcoin technology. It could be us in this forum or outside with whales not being triggered by any bear market. They will just keep it no matter what and it's a good sign.
If this price goes back to $20k then I think that's when the real panic will begin. But, there are also those who will take advantage of it and buy as much as possible while the price is cheap. We will never know and they could be doing it now.

I think the current pattern is not the same in the previous market recovery. If we refer to the current consolidation of the bitcoin price, we can see that the volume was higher, but the price did not reach a new high. this is a sign that volume and price are not showing the same sentiment, then there is a possible reversal of price momentum. Therefore, let's see where the bitcoin price will move in the future.

It is just how we make preparation for the coming bullish signature. People are buying now which I believe this could help the market to recover. As if this will able to sustain and no huge selling happens (or hearing the FUDs) that is likely we see the price increase.
Anyhow, the market will surely gain such a trend after the dip. We've been seeing this several times and probably just the same scenario to look at. In fact, we're making into a positive direction as the price tends to move up by now.

Every price movement now is different and I believed that there is not a pattern that we can plot and says that this is where the price will go.

Even the volume might be telling us differently, before when there is a huge trading volume, it means that the price is going up, but not in the pattern today. Maybe investors are just stacking up bitcoin and not going full trading.

And I still or shall I can we can appreciate those buys specially retail investors who keep the price above $40k and it seems we have a little rally going as we are above to hit $44k again? Hopefully this is not going to be a bear trap because it's going to be hard to swallow when the price goes below $40k again and we might see some panic in the market if the price hit that level.

You sound like too accurate with respect to current market scenario. Yeah, right now bitcoin market is slowly recovering toward $44k levels and considering against what the conditions we had last week, the current market seems too good to have and I am feeling a little bit relieved.

Technically the support levels around $40k to $40.5k levels worked too stronger to make market bounce back and in real world scenario I read citadel is getting 1.5M USD deals from crypto related firms. Not sure what are working in favour of bitcoin (as we do hear only late news), I just expect continuation of current scenarios for next few more months; so that all our speculation will become true.

Bitcoin needs consolidation. So, I'm not gonna be surprised If Btc will fall under the $30,000 level anytime soon, but it seems like $40,000 is such a strong resistance and a lot of people are buying at that range.
Price movement is usually similar from the past, It dips and recover. The only things that differs is the amount of the price increase and the time frame from being in the bearish state until the bullish season.
So, what valuable lesson Bitcoin has taught us, is to buy when the price is cheap and hold it for long term life saving/ retirement purposes, Bitcoin is rapidly increasing each and every year.

The Market has recovered back and now moving towards recovery to 50k according to my earlier statement this cycle has repeated itself once again when Bitcoin falls back to the 30k region some steel holders took advantage of the dip to bug more before this present recovery.
I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.

Hopefully bro your predictions will come true although I have hedge my bitcoin already.

And as you have said, the big test will not be in the $40k'ish, but if we are going to reach $50k this January. We all know how this big round numbers are a big barrier, but once it has been breach, the price will steadily going up until we reach another resistance level. In this case it could be $52k, so we will have to wait and see what this month will bring.

Honestly there was a situation where all the whales tried to drop the price of bitcoin. However, it failed and it is clear indication that we are talking about something a lot better for the future of bitcoin. Whenever whales end up not getting something done, they try the other way around. Which means that we are going to see them try to get it higher very soon. The logic is that if with their whole money whales end up failing to do something for the movement downwards, then they could definitely do it for the upwards because the downwards movement is stopped and that means people are not selling anymore and buying, so if they join in the buying situation then they could make a lot of money from it.

I personally believe that they could definitely do something that could benefit all of us if they worked with us and not against us and could allow us to profit as well.

But those are whales, they don't give a s**t towards us average Joe investors. They are going to move the market in their favour with that huge amount of money they have.

And the way I see it, I would agree that it's going to be a waiting game again for the whales. They are still hinting for something before they try to influence to market again with their huge investments. So let's wait maybe in the long run they will push the price again to over $50k.

There is a lot of difference between march of 2021 and current time. Bitcoin has spend considerable time over 40,000$ and it should not go back to 30K levels again. If for any reason market visit that particular levels again, there might be something wrong in the market sentiments and we may see bitcoin further down to 25,000$ or below.
Lets hope bitcoin does not fall below 40k and move up from here.

The bitcoin market will continue to follow the same pattern, there are times when there is a pumping and then corrected or vice versa, the fact is that today bitcoin is in the red phase, which forces bitcoin to be corrected to a certain value, and I see this recovery phase will make the bitcoin price even more high, considering the correction from 2021 until now has not shown a green market, be prepared for future bearish conditions, because I am very sure this year will increase.

Bitcoin has lost 38% of its price since November. At the moment the price is very unstable where we continue to see a small increase followed by a correction. I think we are now in a bearish phase where bitcoin has dropped almost 40% from its last ATH.

We can't predict how this will happen, this is the hardest part to do because we don't have a crystal ball in hand. What we can expect is bitcoin will rebound to November ATH in 2022 which will open the door to see it bullish and hitting another ATH.

Yes, Bitcoin will rise again because if we look at the previous signs it is seen that every time the market goes up while getting the deep before. The current market is relatively low so it is reasonable to expect that.

Except we have no idea if this is a dip or just a bounce. Remember 2018, people assumed that every time it dipped, it was the bottom and kept going lower and lower and lower. Then when it finally broke $6K and went to like $4.5K, people were like "we are in a bear market". It went down another $1K and then stalled for months and bottomed out and went back up. People were thinking $1K was close back then but it wasn't.

Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.

The market manipulators don't have to buy bitcoin for the price to rise, the selling has to stop. More specifically the shorting (which is essentially borrowing bitcoin to sell) has to stop and it will eventually stop as price doesn't go lower and the shorters have to pay back what they borrowed after losing a lot of money.
As the fake sell pressure is lifted, the natural buy orders take the price back up again.

it would be very good if it happened and indeed 2022 could be something very good and it is not impossible that they will go back up to prices that were not even predictable before.
but always be careful and don't just focus on the price, because many people who always say, for example, about $100,000 bitcoin, which is too lauded, actually makes a blunder because they are experiencing a correction.
research will continue and prices are now starting to improve and it's still early 2022 and it's still possible for bitcoin to have a big surge this year

Long time wouldnt be September when it was lower then.    If we went back to July pricing it would at least be significant over about a year but its not especially a big deal to move back to prices seen as recently some weeks ago however sharp it might appear in the moment its not that grand a deal.   Unfortunately people need to balance the gains with the sharp pullbacks as we see now, accounting for both against each other makes it slightly less dramatic.
  We're on the weekly average on this latest retraction, if price stays above 42k (https://talkimg.com/images/2023/06/12/Ak8YG.png) it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.

Thanks for this info, I thought that we have gone lower on the weekly average so I guess we can say that we are not going to decline a little further and probably hit the lowest low short term.

And once we have a break out run, it could be very well positive movement. No problem with sideways, what's interesting is how it will have a break out run which I believed will happen before the end of the month. A move to $50k will be very much interesting as it might wake up the bulls again.

Yeah bitcoin market is trading too stronger above $42k levels which will easily lead to test $45k to $48k levels by this weekend and also I am seeing some altcoins started showing green trend today; usually this does happen when investors are getting back to their busy buying to diversify their portfolio. So, the deep we went by the times of last year definitely for the reason of getting ready to massive bull run.

I guess this weekend, we are going to have bitcoin to be trading above $45k levels at least and in extreme case, we may have market to breach $50k levels on first attempt but may not sustain above $50k levels. Hence, filling up bags at current price levels may help for anyone for sure.

I think it is very likely the price of bitcoin will grow up in value during this year which is why I think this is a good moment to accumulate some coins, I know that people do not really like when bitcoin goes sideways but that is the perfect moment to get some bitcoin, after all if we wait until the market begins to show signs of a bull market by the time we buy the price is already way higher than its current price, so why not buy bitcoin for a discount while we can?

People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time.  :D

That is the reason why people should consider taking advantage when they are earning more than 30%. They can sell it to secure capital, meaning they only sell a certain amount of capital while the profits from it are still intact in the form of assets. I don't know if anyone has done a strategy like this, but I'm pretty used to it.

The funny thing about people who wait for a bigger drop after an already big drop is that these people would wait if that bigger dip happened too! For example I remember clearly when price was $6k they were waiting for a bigger drop and as it happened the price did drop down to $3.2k but they still didn't buy. Instead they waited and wished for $1.5k. You can still find their topics on bitcointalk and how they are "wishing" for such a big drop.
Suffice it to say that these people bought back when price reached $7k+!!!

I would say 30k is definitely ruled out at the moment. I know that "everything is possible in crypto" deal, I have been here long enough to know that it could be 100k+ in the spring or could be under 10k at the same time. However, if we are being realistic, people have been tired of seeing bitcoin at low prices and we haven't taken it to a higher price for a long time.

There will be some things and we are going to end up seeing something working for sure. I do not know when and how that will happen but I know that it will happen eventually and that is when we are going to see bitcoin going up. It could be some news, it could be Elon tweeting, it could be somewhere accepting bitcoin, it could be just pure speculation. Whatever it is, that thing will create some hype around the community and we are going to just live with it and accept it and watch bitcoin go up.

It looks like we'll experience gradual crash of market and nothing as a steep decline. Maybe $30k can be the low bottom. In the past market isn't that mature and hasn't got such an userbase. Now the market has widened with real time acceptance as well as more corporate networks have invested into cryptocurrency. So, it won't crash to a higher extend. Also more fresh investments were entering the market last year. Now this has slowed down which is also a reason for the decline of market.

Expecting a lower price when it has fallen is one of the reasons. The other, which is often common, is to panic. Like if someone now waits for the price to $30K to buy, but when it goes down to that level he gets scared and thinks that we are in an unstoppable downtrend and if he buys now the price is going to keep going down. As you say, those types of people are the ones who would buy at $70K after not buying at $30K.

It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.

Nothing is permanent with bitcoin yes as we were in bull lately, the bear took over few days back and now but that doesn't mean reversal is not possible. If you consider the number of institutions using bitcoin now and in 2017 when we only relied on halving effect then we can understand better that the price may change anytime. We need to be pragmatic, however it is still a good chance to buy more.

The momentum of the market trend will change when the bullish end so earlier this year it is a sign that the market has fallen in a bearish trend circle, we cannot conclude the market pattern for sure but it would be better to wait for the market to normalize before investing.

What is a normalized market? Did you mean the market price isn't normal as of the moment?
And what is a normal price range before you can advice someone to invest?
Because If I'm not mistaken you said the market is in a bearish cycle already? Well, I guess this is going to be the perfect time to buy more Btc.

And not only that, if the drop they are actually waiting for actually happens many of those that were hoping for such a thing to happen do not buy because now they are afraid the price could keep going down, which makes no sense since they were adamant on their desire to see a lower price only to not take advantage of it, this is why I think that buying bitcoin whenever you have some money to spare regardless of the price is a good strategy, as then you forget to try to time the market correctly and all of stuff that at best just gives you some additional satoshis.

I think the Bitcoin price movement today is similar to the normal movement in previous year where from January to the end of the first quarter of each year there was a sideway downtrend. If it is the same as the previous year, then now is the right time to increase your investment in Bitcoin, just a suggestion.
After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

True, and I would say it as a form of doubt about bitcoin and its potential. Some might say it was the funniest thing because in reality the price of bitcoin had never dropped to the $1.5K level at the time, but there was an assumption at the time that bitcoin was over and would no longer be trading at the high price like now. There's a cool term here "your doubts are a your loss" but that has to do with adequate analysis.

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

I'm seeing something similar to this. Without negative news from the Fed or macro concerns, the bears won't be able to beat 40k. There will be some decline, but not significantly. Perhaps a couple of days or weeks. Markets move based on structure and not emotions, so though big buying might come back in, it might only be a flash.

If we are waiting on the FED then it will take several months to pass.  The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting.   None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do.   They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
  The actual situation is inflation and easy money continues, rates will not top  inflation especially for years.   So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year.   Obviously hard events like wars will alter that outlook.

I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

We can also see at how the traditional stocks are moving, if they are somewhat in the positive trend, then it could have an effect on bitcoin's price because I believed that they have some sort of correlation.

Anyhow, seems to be in the middle ground for me, which no clear movement as to where the price will be. But I don't know, I have a feeling that we might be in for a bearish run this year. Not unless there is going to be some positive news again to turn the sentiments into a positive outlook.

We do not know how whales want to play out at this time. Creating a bad manipulative news is not a big issue as we have seen this in the past. Maybe bitcoin whale keep on the accumulation phase till Chinese new year and then they may start to move the price up. I feel that Bitcoin will raise but no one can predict the exact timings.

until whenever that is the condition that will continue to occur in the cryptocurrency market, bitcoin will not have an eternal and stable price...

every year bitcoin has its lowest price and in 2022 it might be as low as $30k, who knows! The important point that happens is that when the price of bitcoin drops to $30k, the whales will start pumping bitcoin again by buying it, until the market is boosted again.

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

I think this is now a tradition for bitcoin we have seen this types of occurrence over the years in the past, it is no longer new. What it takes is only patience to hold on because after the dip bitcoin will certainly rise and it is even possible to hit all time high this year. Patience is the key, you just have to keep holding on till the bullish season.

At the same time, bitcoin holders who have been holding since 2013 or 2017, might not be worrying about the current down trend of bitcoin market. The biggest doubt now is, whether bitcoin will hit $100k or not within this year. I guess bitcoin still got chance to set a new ATH around $100k levels.

Holding is the only way I can see that could save us from getting into huge losses but of course, they still have their choice either to sell or hold.

For every dip to see, we could always remember for the past and we'd sometimes think that history repeats again (and again). We can't just hold into this situation and whether we like it or not, dumps can be expected as well. I'm not going to say this is manipulated, we neither blame whales nor any intentity but we rather think that the time has come for the bear season.

Yes of course, there will be pump after the dump or a correction after the bull run and it's nothing new. The Bitcoin price will always fluctuate due to different traders all over the world plus there's always a correction after the bull run. This is how the Bitcoin market live they buy and they sell something it doesn't matter what it is they don't seem to have a choice.

Just like what the above said, hodl is the only choice they have or they will be giving the joy to someone if they tend to sell it during that price. I know that the panic meter is in extreme fear but this is just a temporary test so hodl.

As to see, only those who have a new experience in dumps could think about selling while the rest are holding. This means that people had already learned from their past and are able to make it right now. I was glad to see no major sell-off happen this time, quite unusual compared before but the good this about this is it helps to slow down the drops and might it lead to early recovery as we expected.
It may be, we could see the market is in recovery next month, not that long, not that like 2018-2020 long bearish season.

If we just repeat 2021 in 2022 then Im bullish, if we break past 19k then its more serious but I think BTC is fine overall.

This is not a pretty picture so in rough terms, we are quite deep into this.   However just like people warn we rise too much too fast, I dont see its super valid in being this bearish in such an immediate way.   

https://talkimg.com/images/2023/06/12/Ak1iI.png

People just assume all prices are directly correct but I think its more natural we do correct pricing and to be inaccurate is a norm hence why pricing will jump around.    When we move so far in one direction I start to consider the swing back from that push.

Its weekly bars, i should have put a time scale on there but its just a sketch like pricing I think we keep revising price towards greater precision; markets are not an absolute.

So you think the jump price from $3k to $60k since the covid19 outbreak last two years was too fast due the hype and $3k to $35k now after the correction is normal and natural one to happen ? i personally think there would be another drop in the coming weeks like $5k more perweek to fall.

and we might stay above $20k - $25k for quite longer time till next halving to get another boost & hyped!

so what we are having now is more deep than your post here? look at the market now https://coinmarketcap.com/ you can clearly see that bitcoin is heading towards below 30k and if this happens then 20k will be the base level for the year 2022?
if then so what will happens next? more dumping or recovery since the market is legit on downtrend now as we have the best 2021 year.
sounds clear and we are now seeing the complete opposite of the past year , from SUper Bullish now we are down to bearish year .

I think it is because people think that when the price is down below the high price, it will still make the price go down for more. They panic and think if they do not sell their bitcoin now, they will lose their money so they start selling instantly without thinking more about the chance to go up. They hope that after they sell their bitcoin, they will have more opportunities to buy back at a low price while the price still goes down to $33k. So they are now trying to buy back in $30k-$32k as that is the lower price range they think will be.

Too hard to stop those mindsets and had fallen into their negatives. It can be hard to control their emotions and it was already been infected by their doubts and uncertainties towards the market. Psychologically, once people had see declines, they also think about more drops to come, which is not an unusual thing to hear. However, this new trend that we've seen gives us an opportunity to invest more and so the poor people who miss this in previous years.
This dip can be done soon, will just have to extend our patience, though.

If we should take a look at the current price of Bitcoin in the market, with records from CMC, we will find out that the price in 24 hours time frame reaching the lows of $32.9k has turned round to $36k+ and still pushing, which is showing some good price swing from the downtrend to an uptrend with strong movements. This could be a very good sign for something good coming into the market. Though, it's just too early. Using the 1 hour time frame, you'll see how far the price has drastically moved on the reverse. I guess this could be the tag we have been looking for. Anything is still possible, but the positive response from the market is what we all wait.

This is a very well-known mechanism and perhaps the most common mistake of new investors. The idea is generally not bad, because by buying back cheaper, we improve our investment position. In practice, however, what is happening is that in most cases the repurchase is made at a price higher than the sale was made.

Cant really be avoided because determining the bottom price is the most hardest part when you are doing trading or even investment on which you couldnt be sure if its the right time to get in or not
and its a normal behavior that we do start to accumulate when it is starting to rise.

A market couldnt really be just having one or single path to take.If there would be some raise then there would be always a dump or decrease.If volatility doesnt exist then we wont really be

seeing this kind of level of support in the community and also it couldnt be called a market on on the first place.

Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.

Well hopefully it is a good sign, but we can't tell for sure as the sentiments really turns into a bearish one and I would say that retail investors are pulling out their investments right now. Maybe they will get back in the market when we hit $20k-$25, but we knows. So what I'm saying is that we should prepare for the worst in the coming months as it looks like they is turning out to be a bad year for bitcoin market. Bad year in a sense that we are in the start of a bear trend.

I do agree that, we are seeing something that is a bit different here. I mean we all want to feel a bit better about things, we want to feel that we are at the bottom now and we want to see it recover and get better. However, sometimes life is not that easy, sometimes it feels a bit more like it goes against everything we want to. You know those days, like somehow the whole world is against you, everything goes wrong and whatever could go wrong ends up happening.

So, I would say that there is a good case bad things could keep happening, price keep going down, it is not impossible. However, I hope that it doesn't happen that way and we end up with a great return on our investments. Not that it "will" happen, or even should, but it would be nice if it happened.

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.

Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.

We are going to have to take a wait and see policy when it comes to bitcoin, even if the WHO claims the pandemic is close to come to an end many people still do not believe it, and when we take not account the difficult political situation that is forming around the world then it is going to be difficult that we see a recovery of bitcoin during the next days and weeks, if you are a long term holder this should not be a problem, but it could be for those that are day traders or need to sell their bitcoin because of an emergency.

It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Again, with a huge jump to $37k, one can really wonder how the price like bitcoin rises like this one in a day or 48 hours after when people starts discrediting it again with FUD and other other.

Perhaps it just shows how bitcoin is really very resistant and resilient with this FUD because it was able to rise again. Hopefully though we will touch on $40k again because it's the biggest barrier for now. Nevertheless, we still have a long way to go before we can reach another all time high this year.

I hope you are right, because here we are one day after my previous post, and bitcoin keeps showing positive fluctuations, already hiting 38,300$ right now. If we continue on this trend, one more day or so and we touch the 40,000$ mark mentioned by you. That would be great for now! Although I'm fearful because recent news say IMF (International Monetary Fund) is forcing El Salvador to give up on bitcoin as legal tender. Theoretically El Salvador is a sovereign state, so no foreigner agents, institutions or funds can impose nothing to them. On the other hand, I have read El Salvador wants a loan of 1,3$ billion dollars from IMF, so there could be a serious bargain going on and the main prejudiced may be bitcoin.

This can be the deep before the raise. In reality the market reaction is due to several reasons that are connected. The FED meeting that has got postponed is stated as a reason for the market to get pushed some extent and fall back below $36k. Now institutions and whales consider it an opportunity to accumulate bitcoin. There is no change in the dollar inflation rate and the same is being postponed to the March month. The US dollar index is found above 97% strengthening the dollar. This has reflected on the global market decline along with cryptocurrency market.

Covid19 allowed BTC to rise more easily if anything is how I see it because the currency was loosened so much during that period.   At the same time distance transactions likely increased because of the dangers from crowding in normal shopping areas it promotes any standard which helps more distant transactions even cross border such as BTC is best at.
   I realize there is an obvious negative overall from these losses and deaths, I wouldnt deny that but it wont be the same for every sector and product usage.

Every time there is a decrease there will be an increase even though we really can't predict when bitcoin will recover again.
But for the price of bitcoin to drop to $20k or $25k it's very unreasonable I think.

but the market shows being conservative now look at the market https://coinmarketcap.com/ is this the sign of dipping before the increase? I'm not sure if this can happen in the future but for now lets see what it comes.

but lets see if there are more to come for the market and also if there is something to happen to favor all of us.

Waiting for the next pump to 40k$.Now the market had crashed a lot.So it's better to inverse at less price to get good profit from it.Some people thing, the price will back to 20k$ from 37k$.But it won't happen in a short period. Bitcoin had some pattern of price, if you buy at 37k dollars. It will cross the value of 40k dollars and gives you good profit from your investments.Holding is essential one to achieve a good profit.

Seemingly that this only happens when the correction happens but now as what we are having? I'm afraid that you can really say it now.

for now lets admit that only deep is what we are expecting and the raise is just temporary or must say this is only a manipulation process of whales.

Don't be blinded of what you are seeing because this might bring you to failure .

If whales are seeing this as a great time to accumulate as much as possible, and if the retail investor is scared and running away, then I am sorry but the rich will get richer, that has been the case for many years so far. I can't lie that I have been following what the whales are doing and trying to mimic it as much as possible, I have made some profit thanks to that.

I know that people have emotions and when you see the price going down then you feel terrible about your investment and get scared, but the reality is that if you see something you believe in dropping in price then you could be doing a lot better and just keep holding it as long as possible and can still profit, of course that is only if you believe in it.

Then when you would really make out such move? When you had already missed out the train? If you wont act then you would definitely be ending up on this situation.
No one could predict on what would be the dip when it comes to price and this had been always the main question in our mind on what price would be the dip or what
would really be the peak price.Market could really be only having two ways which you would really need to act according on the current situation or else you would really
be ending up on regretting because you had failed or late to get in.

Bitcoin movement trend is some how easy to follow and make more money only if you know how to study the market pattern. Although, there are no positive news to trigger market trend the way those who have invested when we saw last bottom but with time the trend will continue to move in a positive direction if there are no more negative news to trigger the market downward.

Do you expect Bitcoin price to increase again above $37k in the near future? I don't think Bitcoin price will move up easily, the price is still possible to drop again below $35k. Even if there is a good increase in Bitcoin price today (moved from $35k to $37k), I assume the Bitcoin price will drop again or stay around $36k-$37k for some days/weeks. It only can pass $40k if there is good news about Bitcoin, such as if Russia rejects the crypto ban or the USA government make a good statement about crypto. So, more increase or green/red price of Bitcoin this year, probably depends on what the issues of Bitcoin to happen during 2022.

Bitcoin price showed an increase of 2.24% compared to a week ago, even Bitcoin price increased by 5.25% in 24 hours. This is quite a positive
thing, hopefully this week the price of Bitcoin can reach a price of $ 40k. Because now Bitcoin is at a price of $ 37,900. We shouldn't get too excited
at first, though, there's a chance Bitcoin will drop below $35k again in the near future. Because the movement of Bitcoin is volatile, so we have
to be careful and don't panic easily. People who can be patient, people who can profit from Bitcoin. It will be even better in the near future there is
big positive news, it really helped to push the Bitcoin price back to at least $40k again.

Move of 2-5% in a day is something a normal thing or movement on day to day basis which its not a solid indication for you to rely on making investment decisions but if you are
really dont mind about it and go for long term then these things wont bother you and since bitcoin could really make out recovery no matter what and if you do go for long
term then any price entry point would do and since you dont go for short term kind of decisions then this is depending on someones preference.

What you say is true, we can't just watch the Bitcoin price move around 2%-5% to make an investment decision. It needs to be supported
by other things to be more sure that we make the right decision, such as reading Bitcoin movement patterns is also quite important to do.
Actually what is more complicated when we choose to invest in Bitcoin in the short term, we have to actually enter and exit at the right time,
in order to make a profit. Meanwhile, if from the beginning we invest in Bitcoin in the long term, buying Bitcoins can be done on a regular basis
and there is no problem buying at any price. Because the price of Bitcoin will always go up, so if long-term investment easier to get a profit.
We just need to wait for our selling target to be reached, but we do have to be patient when investing in Bitcoin in the long term.

We still need to go over that $40k because we get excited. As I have been saying since last year, if we don't go over the $50k hump, we might be in for a bear cycle and that's what exactly is happening now. So the biggest barrier at the start of the month is $40k, if we overcome it and at least sustain the run, then maybe we can get be in the middle grounds. The bulls are going to fight back and remain in control of the market, but if we can't really get over that price again in February, then sad to say that the bear cycle is really here.

^^ We are really trying very hard to break $40k again. Currently at $38k and still going up, others may say that we might see the price going down because of the Chinese Lunar Year as there could be sell off to celebrate this holiday.

But let's see, it seems that the market is lively this start of February and hopefully, as you have said, that big $40k barrier in front of us could be smashed and slice like a butter.

Slicing is one thing, but staying and maintaining that price is another. We've seen this kind of instances wherein we break the barrier price and yet we didn't sustain the run that's why we are back to the price again. So for me that is important, sustaining the run or at least staying on that price for a good week and then having a good break out run again.

when the market experienced a decline it was followed by almost all coins and that was the right time to invest but we don't know for sure the lowest point before the big increase, from what has happened the crypto market is able to always recover and the top coins are very possible for that, no no one doubts it.
therefore there is no fear of what will happen in the future, whenever you invest you just have to wait and the difference is the level of profit you get when you choose to invest at the lowest point or not.

it is 68 thousand to be precise what the last ATH bitcoin reached and with that we have seen more dumping this year. and drops more than half of that All Time High , though now it looks like it is stabling at 37 k and if this continue to Hold then we may see another Hype at least in the next quarter .
Hoping to make it back to 50k so we are half away from the dream 100k for Bitcoin and finally break that 6 digits value.

This recovery could mean many things. It could be dead cat bouncing like so many people called out recently, it could be start of a bull run as well, or it could be just like this for a while (stabilization is not unique but not common neither in crypto). So, I do not know what this means but I am happy that the price went up a little bit, I was a bit tired of seeing things go down all the time, there is a good chance we could keep seeing it go down like this all the time and I rather not have a drop at all so it is definitely a good thing.

However, one thing I am not entirely sure about is the fact that could we keep this up? Not just going up but keeping it up, maybe it will drop? I really do not know but if it is just a getting ready period for even a bigger drop then it would be something I would be careful about as well.

I precisely don't think Bitcoin is going to take that long to make it back to $50,000 or above as at the current price Bitcoin is sold for $41,700 today before dropping back to a little down to 41,300 in the late hours of Sunday, I believe before the end of this month Bitcoin is going to recover in it price rather than dropping, the dipping is over we are not going to see any more bloodbath. Bitcoin will head to a more exciting year we may see a new all-time high very soon the last couple of weeks in this year have been challenging but am optimistic that the price of Bitcoin will be on a whole new level going forward.

I think, While the price of bitcoin is still going down, maybe we can take advantage of the current price decline momentum to buy. I believe in Maret to May the price of bitcoin will increase from the current price.

Yesterday, Bitcoin's value fell 5% overnight, but it is still a long way from recovering the lost value. Russian-Ukrainian conflicts heavily influence both price ups and downs. So, I am definitely going long on Bitcoin regardless of politic influence. Bitcoin price will bounce back because if there is a down, there will be an up. It wouldn't matter if they bought again. I do believe that going down so fast always leads to going up.

And it's still going down, to $37k right now, hopefully when the Asian market opens, we will see a good recovery again. It not, then there is a possible that more bloodshed will happen and we might go as low as $35k again. We've seen the price going up to $45k at the start of the month and we thought that it will continue to do so despite Russia's aggression, but so far there is a big retracement happening already.

Only people who are inexperienced in the crypto world and don't have good knowledge of crypto, which is worrying about the current state of Bitcoin.
Even though the price of Bitcoin is declining as it is now, it is a common thing that has happened before. Because how deep the price of Bitcoin falls
will always be able to recover again, the most important thing is that we don't sell Bitcoin when the price is low. After all, we will not lose as long as
the Bitcoin we have has not been sold, let our asset estimates go down and there is no need to panic. Because one day Bitcoin will definitely recover
and our estimated assets will go up again, even if it has gone up Bitcoin can go up very high. The conclusion is that only people who have the patience
to deal with volatile Bitcoin prices, will be successful in the future by successfully making profit from Bitcoin.
  

Your plan looked very nice and I think it would have a very good chance of being implemented. Unfortunately, there are completely unpredictable situations, such as the war in Ukraine, that destroy everything. I think your plan is still feasible, but unfortunately it will probably have to wait a few more months.