Op I don't believe in your analysis because there is a indication of a downward trend only if you know what each and every candle stick stand for. Although, everyone is entitled to his or her opinion and that is why I see those who believe in your analysis are given you merit but in time we shall see the end result of this analysis if actually we have seen the last bottom.
Actually, Bitcoin price analysis can be done by anyone. The most important thing in making an analysis is understanding the basic concepts. In my analysis, each candle stick represents a specific price movement, according to the time frame. Therefore, let's see in the future whether this bullish scenario occurs. You need to know that in a bitcoin bullish or bearish scenario, nothing has been proven accurately. may happen may not happen. |
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When the price of bitcoin falls as it is today, I still buy with prudence and then hold it for a long time and wait for the bitcoin price to rise before selling it. I am optimistic that after the bitcoin price correction as is currently happening, the bitcoin price will definitely rise again significantly. even I predict if the price of bitcoin will be bullish again early next year.
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From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.  If this scenario occurs then the current buy the dip will be very profitable. |
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The price of bitcoin still tends to experience a very price correction in almost the last month. Even some analysts target the bitcoin price level to reach $100k-$150k which is the new ATH in 2022. However, even though the price of bitcoin is still experiencing a decline in price to date, however I see bitcoin there is still potential to continue its bullish trend at least it will occur in Q1 2022.
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The month of December started off with a bad mood in the crypto market, the price of bitcoin experienced a very sharp decline after setting a new ATH record at the level of $67k. Therefore, towards the end of 2021, bitcoin is difficult to reach its target price of $100,000.
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Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Of course it is very good to invest in Bitcoin. But you need to be careful when investing in cryptocurrencies. Because the cryptocurrency market is very unstable. The increase that occurs may be just speculation from the results of the news, so you have to be careful. you still have to adjust your investment choices to your risk profile. Don't let the investment you make doesn't match your expectations, your finances will be shattered and entangled in debt here and there |
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For those who have thought for a long time that they have lost by trading Bitcoin, the last few days have been a good one due to ATH. The day Bitcoin's highest price rose. I think every investor has succeeded that day. We are going to see one another ATH with in few days that can over $70000.
Since touching the All Time High at the level of $68k in early November, currently the bitcoin price has experienced a significant correction where the price dropped to the level of $51k, which indicates that the bitcoin market is in a bearish trend. Therefore, for the rest of the year bitcoin price will find it difficult to cross the $70k price level. After briefly rising to a price level of $51k, today bitcoin has experienced a correction of almost 0.36% and has made the bitcoin price at the current $49k level, it seems that in december we will see the price of bitcoin play at a price level of $47-$53 due to movement What's happening is bearish, now it seems that many investors are starting to shift their assets to other crypto which is more stable after negative news about the emergence of a new virus spreads and scares many people. I think the current price correction trend still has the potential to continue and move to the $42k - $45k level. Therefore, for now, for long-term investors, they can take advantage of the current price decline as an opportunity to buy at a lower price. But rest assured that positive sentiment will definitely occur early next year so that bitcoin prices will be bullish again. |
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I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
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We can not know where Bitcoin will go after December and to be safe, you should close your position before those days.
A trader does not fear volatility, bull or bear if you have the right strategy to spot the trend. I only know that having a good stoploss strategy can help. The fud is that of uncertainty of the direction of bitcoin price by the end of this year but that fear should be for hodlers and not traders, therefore price recovering at$50k and above two days ago, dropped yesterday and went back up to $50k above is good for traders who are spoting the resistance and support levels, those are what matters for traders but not exactly same for hodlers. Some people must have panicked when they saw the price of bitcoin dropped drastically far below the price it was bought for. Some traders must have panicked and quickly sold it with the aim of not experiencing big losses. Well, a situation like this will make us confused and lead to regret. In order for us to remain calm when the price of bitcoin drops drastically, we must be able to be mentally and psychologically strong so that we do not easily panic and get carried away by emotions. |
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In my opinion, although there is a deep correction in the current bitcoin price, fundamentally Bitcoin has not yet entered a bearish phase. Moreover, in recent weeks bitcoin market cap has not experienced a significant slump. The current selling action that makes the price of bitcoin plummet because it is dominated by new investors, not old investors. However, if you look at the on-chain structure, it seems that bitcoin price recovery is unlikely to happen quickly and will take the next few months.
So does it mean that this current price correction will be more extended? Actually, no one knows exactly how far this correction can go. What we have are just speculations since we are only basing mostly from its history, and anything could happen either based on our own speculation or the opposite way. But let’s not make this a barrier that we can’t make profits this time. Of course, we can still take advantage from the current correction by buying bitcoin and solid altcoins in their low prices. This may be risky as it is as the price could still go lower but as long as our intention is to hold them for long, then price corrections do not matter at all. Of course no one knows accurately how far this correction will end. if you buy at a low price at this time of course will provide its own profit for you. However, you also have to use logic to think, don't use your hunches or feelings. Analyze price movements using technical fundamentals and don't eat FUD news that shakes your decision to make a profit. |
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 We can see that there is a bearish channel pattern in bitcoin and this is Bitcoin's current position, which is already in a bearish phase. Before there is a breakout of the resistance, the current Bearish will continue to occur. If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible. I think, judging by the bearish pattern on your chart, this is a strong indication of a deeper decline. However, this pattern has so far not been confirmed. To confirm this pattern, it is necessary to wait for the price to drop to the level of $47k. Buy positions are not recommended, especially for those who want to invest in the short term. If you want to buy, it's better to wait when the price reaches the $55k level so it's safer to buy. |
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When Bitcoin goes down from 80 to 29, it goes up and down there for a while. But now it is going up and down again. But 50k the moment it is fluctuating again. I have learned from some news outlets that many people have exchanged views that Bitcoin will cross 100k by the end of this year. I would like to know the opinion of the members of the forum.
Since a few weeks ago until now the downward trend in bitcoin prices is still continuing. bitcoin price has not been able to rise after touching the level of $65k. Even the current bitcoin price is still at the level of $57k. That's why I think bitcoin price is hard to get past $100k by the end of the year. |
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Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment
For me, if 2021 ends at ATH $70k for bitcoin, that would be enough profit for me. Because I bought bitcoin when it was $30k and still have it. But I believe if the price of bitcoin will continue to rise it will even reach ATH more than $70k. |
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We know that digital currency is often affected or influenced by the hype or fomo. If I talk about it's future price range then it will be definitely 70k plus.
This year has been a good year for Bitcoin where in this year bitcoin has twice reached the ATH record. So far the bitcoin market still looks bullish even though it has experienced a decline from ATH the last few days, this is a reasonable decline. Later, Bitcoin will break through its highest price again. Even with more fantastic hikes. At the end of every year, Bitcoin usually shows an extraordinary increase.
bitcoin has been going through some sharp ups and downs recently and as we can see on the charts in some bear markets, bitcoin is trying to re-break its previous high and bitcoin is currently priced at $57k.
Although the price of bitcoin is still being observed to be correcting at this time because many traders continue to sell. However, I think the current price drop is only temporary. I predict early next year bitcoin price will increase to at least $70k. [moderator's note: consecutive posts merged] |
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For those who have thought for a long time that they have lost by trading Bitcoin, the last few days have been a good one due to ATH. The day Bitcoin's highest price rose. I think every investor has succeeded that day. We are going to see one another ATH with in few days that can over $70000.
Since touching the All Time High at the level of $68k in early November, currently the bitcoin price has experienced a significant correction where the price dropped to the level of $51k, which indicates that the bitcoin market is in a bearish trend. Therefore, for the rest of the year bitcoin price will find it difficult to cross the $70k price level. |
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Hello everyone.
Where do you see the bitcoin price in the next few months, especially at the starting of 2022?
It's around $45K right now. Experts' opinions are needed.
The price of Bitcoin has started to rise again in recent times. With a significant rise in price in the current market, I expect Bitcoin to break through $100,000 early next year as some experts have predicted. My advice if you want to invest in cryptocurrencies, buy altcoins and Bitcoins now and HOLD while waiting for a high price increase to get you a lot of money. lately bitcoin prices tend to be stable and this is certainly a bit of a hindrance to bitcoin's journey to reach $100k, but there's no need to worry because after prices stabilize there will usually be a bull trend. the last few days the bitcoin price has been in a stable position around $64k and after this stable price ends I believe the bitcoin price will rise and be able to break the $75k point. It looks like the bitcoin price is difficult to break through the $75k price point in the near future because the bitcoin price has experienced a significant price decline in the past week where the bitcoin price dropped from the $65k level to the $56k level. If the decline in bitcoin prices will continue for the next few weeks, maybe we will see the bitcoin price drop to the $50k level again. |
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In my opinion, although there is a deep correction in the current bitcoin price, fundamentally Bitcoin has not yet entered a bearish phase. Moreover, in recent weeks bitcoin market cap has not experienced a significant slump. The current selling action that makes the price of bitcoin plummet because it is dominated by new investors, not old investors. However, if you look at the on-chain structure, it seems that bitcoin price recovery is unlikely to happen quickly and will take the next few months.
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over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
In my opinion, After bitcoin hit a record ATH a month ago, the price of bitcoin is still experiencing a sharp decline in price due to the massive sell-off in the market since the last few weeks. Even now the price of bitcoin has not shown any signs of rebound and is still at the level of $57k. That's why I think the bitcoin market is currently in a bearish situation. |
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For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.
If you understand the basic steps of cryptocurrency market analysis and also check the historical data of the crypto market during the season of Bitcoin halving market effect you'll see that every coin in the market are considered to experience huge market correction (which is also known as a market bloodbath) after 12months the same thing happens in the halving market before 2017. Meanwhile, it is not for you and me to decide but this is triggered by the most player (Humpback Whale, Whales, and Shark ). My advice to you, side some capital aside for you to buy when the blood bath happens. I always monitor the movement of the price chart in the market, even when the cryptocurrency market is in a downward trend, or when it enters a bear phase, I will short sell to make a profit or to protect the asset from a weakening price. |
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