Either rise or dip no more stability at this zone

[yhiaali3]

Yes we are, we are now in that middle zone between the big rise or the big drop, I think according to my personal opinion (away from technical analysis) that we will soon witness a launch of Bitcoin towards a new top, I do not know how and when, but I am sure that we will see that soon, This is just a feeling, but of course feelings have nothing to do with market making. Market making depends on real data on the ground and on analyzes and big news, so we have to sit and watch and be patient until that time.

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[LFC_Bitcoin]

I feel like the market is going to make a significant move in either direction soon. Bitcoin as we know is not a stablecoin, it’s still a young asset so volatility is still very much present. I don’t know if it’ll be a bullish or bearish move but something significant is going to happen soon. I don’t think we will stay in the current price range for long.

[gabbie2010]

With reference to BTC/USD daily frame a higher low was formed on 03/02 if today's daily candlestick closed as a bullish candlestick another higher low will be formed invariably indication of bullish sentiment in days ahead, in addition the price breakthrough a resistance at $41700 and retraced to turn the resistance to a support, my prediction is that the bulls are getting set to take over the market after the minor correction provided that their is no negative fundamental news that may mar the bullish run.

[freedomgo]

I feel like the market is going to make a significant move in either direction soon. Bitcoin as we know is not a stablecoin, it’s still a young asset so volatility is still very much present. I don’t know if it’ll be a bullish or bearish move but something significant is going to happen soon. I don’t think we will stay in the current price range for long.

While bitcoin remains to be volatile, bitcoin price will never be constant for long, it will always show significant moves either in a bullish or bearish way. But one thing is certain, every year a new peak will be reach which also means the peak we will be achieving this year is higher than those of the previous years. However, we cannot expect for bitcoin to reach stability zone, instead, expect it to have more price fluctuations. That makes it highly different from the global currency.

[justdimin]

I feel like the market is going to make a significant move in either direction soon. Bitcoin as we know is not a stablecoin, it’s still a young asset so volatility is still very much present. I don’t know if it’ll be a bullish or bearish move but something significant is going to happen soon. I don’t think we will stay in the current price range for long.

On contrary I believe that it will be boring for the next period, but even if a significant one happens, I am guessing that it would be upside since we already lived the downside already. At the end of the day, bitcoin is not only young (only 11-12 years old) but it is also not regulated like the other markets.

I mean Elon could phone up Jeff and warren and bill to get together 50 billion dollars and buy that OTC and wait for the market to react to this news and increase like insanely, do 2x and then he could call them up and all would sell on OTC and the price could go down because of that bad news and they could buy even cheaper and would both have their money and their bitcoin at the same time. If they did that on stock market they would be punished like crazy but if they do that on bitcoin nothing happens to them and that is the main reason for volatility.

[Scripture]

I feel like the market is going to make a significant move in either direction soon. Bitcoin as we know is not a stablecoin, it’s still a young asset so volatility is still very much present. I don’t know if it’ll be a bullish or bearish move but something significant is going to happen soon. I don’t think we will stay in the current price range for long.

After the pullback, I’m pretty sure they’ll start to rise again same thing with ETH, the price has become more stable and the price of ETH already hit the bottom last Month.

We know good altcoins can really survive the bear market and since ETH is on top of every altcoins, there are more reason for them to rise again. ETH will be big especially when the update is done, and if they can solve the fees problem.

[philipma1957]

it is in a 28.8k to 68k slot

it has been in this slot since December  2020

my best guess is we stay in this slot all of 2022

and we are neither bear or bull and have not been bear or bull for a while.

we will end up ⬆️ with a lot of noise about bulls and bears but most likely  bear is <28k for three or more months and bull is 70k for three or more months.

my bet is neither happen for all of 2022.

lets see if i am right.

[adaseb]

Right now it seems the markets are rattled by what is going on with Russia and Ukraine. I think we will know more as the week progresses however if there is some type of conflict that actually does start then there will be a mass sell off in all markets. Except perhaps the oil markets which look like they will break $100 pretty soon.

I remember Russia and Ukraine had this issue in the past and nothing came of it and the stock market kept rallying anyways. I think this was in 2014 or so. So there is a good chance people are panicking over nothing. However I would be cautious taking any positions in this area.

[Kemarit]

With reference to BTC/USD daily frame a higher low was formed on 03/02 if today's daily candlestick closed as a bullish candlestick another higher low will be formed invariably indication of bullish sentiment in days ahead, in addition the price breakthrough a resistance at $41700 and retraced to turn the resistance to a support, my prediction is that the bulls are getting set to take over the market after the minor correction provided that their is no negative fundamental news that may mar the bullish run.

That resistance is the support right now, $41,700, so let's see if this is going to be broken as we are very close to it.

Regarding the looming war between Russia and Ukraine, yeah it could affect the market price. However, it might be short term though. Crypto investors are wise, if they see that the price is going down, for sure there could be whales willing to scoop that cheap Bitcoin again.