Is this just a bounce?

[kxz1498]

Dead cat bounce? Maybe. We've seen this pattern before which resulted in a downturn.

[andrei56]

Only time will answer the question if this is just a bounce or the next bull cycle starting. For example, Bitcoin broke down from its bottom support zone around $6000 last year and unless it is back above $6000, it can not be called bullish. Similar considerations apply to other top coins and it will all be clear in coming months where market is headed.

I think we will be back at that level again, we stayed longer at $6000 until we got dumped so hard.
Well, it's just a matter of time, what comes down must come up and I believe this year we are going to witness some good uptrend.
BTC will survive even if we got dump many times, hopefully bearish will be over anytime soon.

I also think that a recovery to that level is inevitable, it may seem hard now that the price of bitcoin is struggling to overcome the 4000 dollars mark but it will eventually do it and once it does it seem to me we are going to see optimism in the market and we could reach 6000 again, however I think we are not going to see that until the second quarter of the year.

[taktik]

Only time will answer the question if this is just a bounce or the next bull cycle starting. For example, Bitcoin broke down from its bottom support zone around $6000 last year and unless it is back above $6000, it can not be called bullish. Similar considerations apply to other top coins and it will all be clear in coming months where market is headed.

I think we will be back at that level again, we stayed longer at $6000 until we got dumped so hard.
Well, it's just a matter of time, what comes down must come up and I believe this year we are going to witness some good uptrend.
BTC will survive even if we got dump many times, hopefully bearish will be over anytime soon.

I also think that a recovery to that level is inevitable, it may seem hard now that the price of bitcoin is struggling to overcome the 4000 dollars mark but it will eventually do it and once it does it seem to me we are going to see optimism in the market and we could reach 6000 again, however I think we are not going to see that until the second quarter of the year.

over the past six months, $ 4,000 for Bitcoin is already an achievement. In any case, the fact that the cryptocurrency market is gradually recovering, rather than falling below the baseboard, is encouraging.

[senyorito123]

Only time will answer the question if this is just a bounce or the next bull cycle starting. For example, Bitcoin broke down from its bottom support zone around $6000 last year and unless it is back above $6000, it can not be called bullish. Similar considerations apply to other top coins and it will all be clear in coming months where market is headed.

I think we will be back at that level again, we stayed longer at $6000 until we got dumped so hard.
Well, it's just a matter of time, what comes down must come up and I believe this year we are going to witness some good uptrend.
BTC will survive even if we got dump many times, hopefully bearish will be over anytime soon.

I also think that a recovery to that level is inevitable, it may seem hard now that the price of bitcoin is struggling to overcome the 4000 dollars mark but it will eventually do it and once it does it seem to me we are going to see optimism in the market and we could reach 6000 again, however I think we are not going to see that until the second quarter of the year.

Let's think bigger, and always set aside those speculative ideas regarding below $4000. We must have high expectations because the law of positivity attracts good vibes, so being optimistic has a good result in the long run compared to closed minded people. Furthermore, that bounce is a sign for all of us not to give up with crypto and after quick spikes there is a greener market; destined to break all barriers that hinders the value of our holdings to increase.

[kisfoxs]

Yes, that is the market to attract investors and buyers. But in the past 2 weeks, I thought this could produce a pretty good profit by trading every day. The market is now red and it's a good time to buy coins. And after this, I think the market will rise again.

[lobo13hf]

I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?

maybe so. but the current situation is like that. prices sometimes increase and the next day sometimes decreases, and that often happens. but despite the events that happened like that but there are still many people who believe in crypto. because they are all convinced that such events are only temporary.

in fact, with the increase and decrease occurring, it will make us increasingly believe that this market is really alive. and there is a high probability that there will be more growth. this is hope.

yes indeed even though the market conditions are fluctuating, but many believe that the market is alive and will not die, because I think crypto will not die easily. the problem is that the crypto trip is long and long enough. so it's impossible to die instantly.

If there still was a guy use crypto and that will give a life to the crypto. Those people are keep saying the crypto will die just try to create fear and panic sell to the market. Crypto has a very strong community and that doesn't make sense for that to be happened.

[tabas]

Yes, that is the market to attract investors and buyers. But in the past 2 weeks, I thought this could produce a pretty good profit by trading every day. The market is now red and it's a good time to buy coins. And after this, I think the market will rise again.

You can still take profits regardless of the market situation. I see some traders are happily taking profits whether we are in the bear and red market last time, if they can, you can do it too. The market rise is imminent and inevitable but we don't know when exactly that time will come for us.