We are in a bear market, that is a fact, and the numbers today are not lying. From all time high of $69k and then around $20k'ish, doesn't look good and obviously, the market has been shaken already, weak hands have sold, while the whales keeps accumulating.
That will be the state of the market and there is no coming back to a all time high unfortunately. We have to suffer the bearish trend, but we should remain in the market because this will go overtime. Let's look forward to 2024-25, this is the time that we might see a new all time high. Yes, I know still very far, so patience is the key here.
I want to remind you of last year 2021 people were emphasising and predicting but you of 2022 we are going to experience a bullish market in cryptocurrency but yet we are into 2022 we experienced the highest downfall of cryptocurrency which nobody can explain or no when the market structure will be normalised. Now all attention has been focus on the year of 2024 and 2025 having a mind about the cryptocurrency may appreciate but nobody can say if you really new setup will come on in information will come that way stabilize the price of Bitcoin again I think for bull market to occur it is something of determination of supply and demand in cryptocurrency not base on the year Factor, but base on the demand. |
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My predictions are that the drop will continue in July, we may go below $14,000, the decline may continue most of the summer and then bitcoin will start bouncing upwards, I'm not here analyzing but just guessing, I hope bitcoin will disappoint me and keep going up in July though I rule it out that.
the fact is that nobody knows when cryptocurrency price is going to be normalise because looking at this year market plans. It is quite obvious that the market kept showing negativity which it is open to everyone that this July that is no hope of little experience of bullish increase in the cryptocurrency. Secondly, I don't base prediction of cryptocurrency to analyse what market will determine in the next step. Because i see cryptocurrency like unpredictable currency which nobody knows it's regulations and validation |
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That's true, if people are fixated on the fact that they bought at one price, and that price is bad, then they are never going to recover from that. There are traders who makes mistakes but then recover from it by doing a better action and maybe they are now in lower loss, or maybe they are easier to recover from etc etc, but they did something.
Because, any great trader would know that, it is impossible to be 100% right, but if you find a way to get better, if you find a way to make a trade that will make your initial trade easier to recover from, then you do not have to worry. Most people are like what you said, they make one bad move, and they think that's the end of the world.
in other way around it is very obvious that traders to expect every time to be in advantages way of cryptocurrency most especially in terms of market trading, but not all of them believe that they can lost in market but according to the rules of Reading it shows that reading market structure is like risk such as profit and loss. But it's obvious market can go wrong when you do expect it and it's the tradition of trading. |
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Yes it’s pretty crazy how a few months ago, everybody was saying $100K is locked in and $250K was possible. And now it’s the complete opposite.
Now we are getting predictions for $10K or $5k and now I am seeing $1K. Which Leads me to believe that the true bottom is somewhere near.
I remember back in late 2018 when we broke $6K and people were saying $1K would be the low but $3.5K was instead.
I don't think that is quite right to hope and trust an analysis prediction of people concerning cryptocurrency what I normally do from my own perspective is that I follow the chart to read the progress of cryptocurrency because following prediction of people which people make, to me it's not obtainable in cryptosphere. Because all their predictions starting from last year November is just opposite of whatever cryptocurrency is experiencing right now but I believe that anytime soon cryptocurrency market will normalise which from my own perspective should occur next year 2024 not this year. Because the market is going red every minute without positive support |
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I hope i am wrong but to me, it seems that there won't be much change in the bitcoin price action and the price may hover between 18K-30K.
Also, there is a chance that we may see a big dump towards 13K and this could be the final dump and bottom for this bear market. I don't see any chance of bitcoin recovery in the next 6 months or so.
from what I'm seeing right now I don't think bitcoin price will get to thirteen thousand (13k) as bottom before it will speed in price. From what I notice cryptocurrency market right now. Is that after the market increase phone twenty thousand (20k) to twenty one thousand (21k) which is a little movement for increment so it has to fall back to nineteen thousand (19k) so with this evidence and the movement of the market of cryptocurrency I know that maybe it have every tendency fall according to the prediction of people, Which is directly twelve thousand (12k) before it will skyrocket |
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Price is recovered above the 2 day average to end the week. Its very short term measure but easy enough to stay optimistic until it falters. Hopefully we beat weekly average next at 20k and consolidate at a higher level. All of this is occurring above support level (lows of the last week) which lends some idea we can continue to build.
actually many people is expecting Bitcoin for increase how above the levels it's right. Because what we expected this year is not what we are seeing concerning cryptocurrency starting from this year the market of cryptocurrency get bad because of unknown reason and unknown prediction. Everybody expected Bitcoin to increase from the initial price to clamps a little bit starting from this month. I believe that the price will encroached to thirty thousand (30k) but base on what I'm experiencing in cryptocurrency right now it seems like the price will fall again before it will rise. |
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I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
the market of cryptocurrency is getting low because that is more efficient remind in the market and it is obvious but one market increase in volume it determine through the demands and supply. Currently nobody expected the Bitcoin increase to fifty thousand and forty thousand (50k / 40k) this year, because of the experience we had in cryptocurrency this year I believe that we should we expect cryptocurrency increment next year which is year of 2024 Annie 2025 so buy them the crisis in any country will be subside |
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I hope everyone thinks like this. For others, for them, the bear is a failure, especially those who are only looking for short-term and immediate income. They don’t think they can even earn more when the bear passes. We should also only treat it as a test that has a solution and success can be achieved when you have made the right approach and decision.
bearish market i have not seen any effect on bitcoin or cryptocurrency bearish time, from the reaction of people towards cryptocurrency i understood bearish time is an opportunity for investors who have target to multiply their cryptocurrency i believe that Bitcoin long holding attract a profit Which i totally believe that anyone who invested in cryptocurrency for long periods have the pre knowledge of making more profit or taking the advantages of bearish market |
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the live span of cryptocurrency is different from the live span of fiat currency.so from my observation and my engagement into cryptocurrency it's very obvious that Bitcoin don't have to do with fiat existence, indecencies that the lives of cryptocurrency is like dependable to the life of bitcoin while Bitcoin can be dependable to the lives of Fiat currency. |
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Bitcoin will get more attention when the price is accelerated. actually bitcoin is something that we know quite well that has influence since it existence. At first countries that Bitcoin is just few if you watch this existence of bitcoin. And secondly bitcoin was been under war through government of different countries. So if some countries starts to embracing bitcoin currently that means Bitcoin price is having the Hope to rise.
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At this present era you don't to be ignorant of something before you enroll yourself, you have to make a proper research of the things before you have to engage on it. Even now you are seeking for a qualify and cogent direction on how you can as sell what is in your possession. You don't have to come here rather making a research from internet and you have a place you can sell it out and platforms that it's in their list. Secondly marketing of any items should be created directly to service board not in BH board.
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We all know it takes a lot of resources such as money, time, efforts etc to print new paper notes (Fiat money), and I strongly believe same applies to generating BTC too.
But just to clear the air, between the very two which really takes a lot of resources to generate?
Let's say for example, one Bitcoin equals to $14,000. With the equalization in value of one Bitcoin to $14,000 does it means both could consume same amount of resources since they amount to same value?
we to break your question down, it's obviously known that bitcoin is different from fiat currency in line of generation or generating precisely. Fiat currency it's a currency which is centered as centralized currency and it's officially been print according to a specified country demands via printing. While cryptocurrency and especially bitcoin, it's a decentralized currency which is been generated through mining with a powerful gadgets that consume electricity. I think you misunderstood the aspect of generating Bitcoin and fiat currency. With people insight, hopefully you will pick a cogent points. |
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Connecting our wallets from unknown platform telling that they will give airdrops will put us in huge risk that's why if we are not sure on things we do especially upon participating an airdrop we should do what other say to use dummy wallets intended for airdrops because if hackers get your access they cannot get anything from your wallet. Also we should not participate on any random obvious scam which team members hidden and roadmaps or whitepaper are so questionable nor plagiarized.
if that's possible hackers would have come to signature campaign application were people submit application to participate in signature campaign with their wallet address. Airdrop matter, it's what we should known that we have to advice our up brings or offsprings who are novice to take absolutely precautions to any investment they are adventure into. Concerning exposing of our wallet identity, everyone here won't be exempted from hacking the system, which it's very obvious. Because each of the campaign spreadsheet about twenty to fifteen participants is in campaign at least minimum participants.so everyone would have been hacked long time. |
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Investing in cryptocurrency has no limit, with 100$ you can also invest in bitcoin, bitcoin is at a suitable cheap price to buy at the time of holding. Accumulating slowly is a good way for those with little capital, this month 100 $ and next month also 100 $...If you try to maintain it, your investment will grow more and more, just you need to persist in buying when the price is cheap and holding and waiting for bitcoin to rise again.
actually Bitcoin buying and selling doesn't have a specific time and limits that you will ascertain before you have to to purchase and hold. While i like cryptocurrency investment, it's an investment you can start up with any amount of capital available at hand, provided that it's above $10 you can have your bitcoin with that. The problem is that Bitcoin should be kept or keep some period of time if really you wants to make profit with it. |
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The more people get scammed with fake projects and tokens the more the see the reliability of Bitcoin. Some people who get lured into fraudulent scheme are only attracted to their own self centered greed. Tokens created comes with lots of promissory ROI but when the tumble and crash it tells bad on the crypto market but for Bitcoin with it's secured and useful attributes no matter how bad the project crypto it's monetary advantage still attracts investors
You're wrong, when they're get scammed with shitcoins, they will try to diversify their portfolio to many shitcoins project in order to minimize their risk to get scammed once. Sometime they're lucky, but sometime even they're still lose since the gain can't cover the other losses. Even few people might move to Bitcoin, but when they used unknown centralized exchanges or bitcoin doubler and get scammed again, they will say any coins including Bitcoin are scam lol. They're just invest like a gambling and doesn't want to learn. you are right, because when you peruse to this coins people get scammed to, many of them are the species of altcoins and directly shitcoins. When we make that clause of diversification of portfolio it's not necessarily means a coin that have no potential in it, why people is directly and consciously extending the investment to shitcoins is order to make profit. But sometimes it backfired because many shitcoins is mainly scam project. |
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In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
if you want to hold for long term, it can get you ti somewhere. Because the bearish time doesn't mean that it's going to remain constant, because it's obvious that Bitcoin have some factors that makes bitcoin to grow. If eventually it enters long periods and it meet up bullish. |
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People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.
People who have not stopped buying bitcoin even at the very bearish market are those who have long term investment plan, and that they have seen it already that long term hodling of bitcoin will create them big winners in the market. So it's not surprising that bitcoin hodlers are still taking every chances in this bear market and even do DCA so they can't miss every dropping prices for bitcoin. The market bull run may still be uncertain as to when its going to happen, but rest assured that we will witness that after the bearish market is over. i know vividly that investors who is holding bitcoin and who is purchasing more now is long term investors, which their is every tendency their budget and strategic plans is to hold coin for some intervals of time before selling and their objectives is for crypto to reach certain level and exactly bullish before selling. Which anyone who have no courage or experienced will not the purpose of purchasing during the frame of bearish and hold for long period |
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All predictions are focused on the bitcoin halving event as history has shown it always happens, but a prediction is just a prediction until it happens. History also may not repeat like how bitcoin fell below the most recent ATH, it has never happened before.
It is possible that a new ATH will come after the halving or even sooner because the market is no longer what it once was, the market moves in a better direction. When at this moment we have big investors like countries, companies and corporations.
it's not that bitcoin is prediction doesn't manifest neither come to existence. The problem is that sometimes prediction doesn't come to reality but at times it give rooms to understand what is obtainable at give point in time. That's another cogent reason while some people doesn't disregard any information of cryptocurrency and especially bitcoin, knowing that sometimes the prediction of bitcoin motivate people. |
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I'm not really looking forward to Bitcoin under $19k anymore, because I'm 100% sure the Bottom is there,
from my experience, the more people want cheap prices, then it won't happen, we'll see.
the want of people in cryptocurrency doesn't determine the regulations of cryptocurrency. The regulations is dependable directly or strictly to the market determination structure. What actually you can see bitcoin at before you can believe that it has gotten to the bottom is what? At any moment Bitcoin is stagnant it's the bottom of bitcoin and even other cryptocurrencies at a moment, because expecting bitcoin downgrade more than this way, it's quiet unexpectedly. While it's having a positive situation and report currently, it's because people or investors are returning to the market gradually. |
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It Bitcoin breaks the 22.5k$ , then we have a pretty decent chance to move towards 30k again
Its more regularity then the absolute price objective. Its almost certain we get a sell off from whatever price we reach, every price gain in BTC is quite massive in percent terms and subject to speculators who want to cash out for that day, week or whatever term. After it falls back, thats the true measure of strength. I would say most certainty will come from averaging above the 50 day average, then its a regularly positive set of price action and we can easily move into positive trends rather fighting the tide on every attempt. we are not supposed to be cashing out due to speculation of cryptocurrency. I know that people who is inquisitive of disvalue of bitcoin are the ones that will be desperate of withdrawing attention for more investment. The fraction of bitcoin values is dependable due to what you observe and your notification about cryptocurrency, if we follow speculation we can end up by making a huge mistake. |
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