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Symmetrick (OP)
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September 30, 2021, 03:48:54 PM
Last edit: December 01, 2023, 01:52:10 PM by Symmetrick
Merited by LFC_Bitcoin (2), BITCOIN4X (2), dragonvslinux (1), Poker Player (1)
 #1

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September 30, 2021, 04:10:07 PM
 #2

I'm quite happy the potential of $250k/btc was left off Wink. I think if we got an ath around $100k, we might start seeing more erratic moves again trying to drive us higher.

I'm not sure when the top of this cycle will be in, I don't think we've seen it yet but it might happen by the end of the year (the earliest prediction I saw a few months ago was what is now 3 days ago - I was thinking it'd be anywhere from September 2021 to March 2022 - if real estate and stocks normally diverge then it might be when real estate starts to crash or when they go into an exponential run off phase themselves - real estate).
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September 30, 2021, 05:05:37 PM
 #3

Who has any opinions on how the crypto market will behave in 2022?
This question I received directly from several people I know in the real world around June and I really want to answer it based on analysis and comparison of historical price that have happened before in the last 10 years. But I will try to answer it for you too although people may disagree.

I still believe that the 4-year cycle commonly known as the halving plays an important role in the bitcoin price movement so far. The price of bitcoin has experienced a considerable increase and has made a very beautiful climb for 1 year from March 2020 to April 2021 or 1 year based on my analysis and has established ATH at $64K. Comparing it with 2017 then we may find the fact that bitcoin started an upswing phase starting from January 2017 to its peak in December 2017 or 1 year long and after that we are in a downward phase of up to 75% of the $20K price to $2,5K.

There is a correlation between 2017 and 2021 and I think we have peaked in April 2021 and now we are in a downward phase of up to 1 year full of corrections and price fluctuations. At least this is my opinion on your question, and I've already answered it to several people who have asked me directly. Of course not everything I think will be true, obviously we don't know for sure how this bitcoin behaves. And now, I agree with this opinion.

Quote
- This year there will be no more growth and bitcoin will continue to fall for a long time until it drops to the past ATH (at $20 000), after which the price will consolidate and the market will begin the assault on ATH with renewed vigor;

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September 30, 2021, 08:02:58 PM
 #4

This is one of the questions that most people are curious about the answer of. In my opinion, 2022 will be a productive year for Bitcoin price. Even if we don't see the bull market in this year, I'm expecting to see it in the next year for certain. We are already quite bearish these days and this will fade away in time. At some point, we will definitely see the bull market. In 2022, we should be able to see the price over $100k.

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September 30, 2021, 08:40:28 PM
 #5

Well, I expect new ATH before we'd enter 2022. So I think that you forgot an entry "lambo" or "moon" for your poll  Wink
Still, I don't like that chart. It makes people think that the "distance" (amount) between 10k and 100k is the same as 100 - 1000.
If it's true and the current bull run is different from the old ones, it will be longer and maybe also not so abrupt.

If we look at 2017 bull run and compare, we may even conclude that this bull run is long gone. But no. It looks like the bullish pressure is still there.
Hence 2022 is uncertain. We can reach easily 100-250k (or even 400k, I don't know), but we can also easily head back to 20k. Or both. Hard to tell. The institutional investors make the speculation even more difficult: they have the potential to help us avoid crypto winter (but having the potential doesn't also mean fructifying it).

However, my vote is optimistic: lambo/moon  Wink

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September 30, 2021, 09:44:59 PM
 #6

Don’t trade based on anything I say, I’m a total moron who got lucky investing early.

If we are to follow previous cycles (which we seem to be atm) then we will top out in December at around $150,000 per coin. We’ll then enter a bear market so to keep it short, I expect 2022 to suck but it might be nice to pick up some cheap coins towards the end of 2022 or 2023.

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September 30, 2021, 09:50:31 PM
 #7

Who has any opinions on how the crypto market will behave in 2022?
No one could predict on what the future holds thats why its really hard to make out conclusions but since we do only need to speculate then i had  chose in  the poll that there might be 
some another batch or season of crypto winter.Imagine that we had able to peak out on 60k and now we are playing around 40k which is still higher on its previous ATH
and i wont be surprised if there would be sine another batch of similar situation that happened in the past but basing off with the level of adoption or recognition
then it might less likely to happen but theres always the probability.

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September 30, 2021, 10:59:13 PM
 #8

Who has any opinions on how the crypto market will behave in 2022?
No one could predict on what the future holds thats why its really hard to make out conclusions but since we do only need to speculate then i had  chose in  the poll that there might be  
some another batch or season of crypto winter.Imagine that we had able to peak out on 60k and now we are playing around 40k which is still higher on its previous ATH
and i wont be surprised if there would be sine another batch of similar situation that happened in the past but basing off with the level of adoption or recognition
then it might less likely to happen but theres always the probability.
Same impressions on my part but i do still hope that we would break out new ATH on this upcoming year end or before 2022 comes.Basing on sentiments or news around then it turns out not to be that not good but at least
we have seen on how far we do able to reach out on a decades time.We have seen lots of ups and downs in regarding into its price.Expect  the unexpected because when you do have sufficient experience on this market then
you are fully aware that things could happen on point which might cause neither positive or negative in the market.

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September 30, 2021, 11:20:02 PM
 #9

Even if there’s no assurance I’m still confident that Bitcoin will make its new ATH in year 2022 and I will remain bullish despite of the current trend of Bitcoin today. There’s a lot of good news coming in, many countries are already recovering from Covid and this might the start of economic growth on many and I believe that could affect Bitcoin market as well so 2022 will be a great year for me.
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September 30, 2021, 11:29:42 PM
 #10

Even if there’s no assurance I’m still confident that Bitcoin will make its new ATH in year 2022 and I will remain bullish despite of the current trend of Bitcoin today. There’s a lot of good news coming in, many countries are already recovering from Covid and this might the start of economic growth on many and I believe that could affect Bitcoin market as well so 2022 will be a great year for me.

The upcoming year is full of hope as the world is containing this pandemic. So yes, I believe that we will achieve new ATH in 2022. The sentiments from the poll is about half-half. So there are also people who feel next year will be a bearish season for btc. But I feel otherwise as the adoption is different this year as compared to the previous years. And the adoption will grow more in the next coming months or years.
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September 30, 2021, 11:32:19 PM
 #11

I personally think that the bullish sentiment will likely be quelled for a bit.

It seems like that people are getting a bit more cautious investing in crypto and the excitement and sheer mania in recent days, for better or for worst.

A likely outcome is simply that we continue hovering around the $20k-40k range. I don't think that $20k support can be breached any time soon, but I also think that resistance at $50k is extremely strong.

Smiley
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September 30, 2021, 11:39:38 PM
 #12

Since every prediction is not accurate, I will share my own view about the future of Bitcoin, especially for next year. I'm seeing another new ATH won't happen soon. Price will be at around $50,000 at the top and $30,000 at the bottom and it will play there for about a year.

And for the bearish trend, we won't be seeing again the crash that happened last 2018. It's a disappointment if Bitcoin price will reach again the $10,000 value after all the progress it made way up to the current price. It will just lead to more crashes as how it was possible for Bitcoin to crash down at that price again.

I choose the 2nd option on the Poll but not totally it will be the same as the 2018 bear market.


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October 01, 2021, 12:26:49 AM
 #13

We still have 3 months left before 2021 will end. And within 3 months, there is still a lot to happen to Bitcoin.
For me, what I am expecting is another cycle, a separate cycle from what we experience these past few years it could be a bear run but the dump is minimal, maybe we could stay around until $20,000 - $30,000 and volatility is high there, then more sideways and that's for me another bear run and after that, followed by a bull run.

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October 01, 2021, 01:04:37 AM
 #14

We just entered the last quarter of the year but I think there will still be many things that will happen.
Economic recovery is happening because they are opening a lot of industries and that includes the entertainment industry where cryptocurrencies are being used for payment of tickets and other stuffs.
I think we have never seen the real stretch of a pump for this year. Imagine if the pandemic didn't exist, where could Bitcoin be.
Did it really have a positive reaction for people to have knowledge about it or is it just the same thing pre-pandemic?
IMO, I am expecting a big swing before the year's end. $60k is my top and could be the new bottom at the start of 2022 until the end of its first quarter.
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October 01, 2021, 02:06:48 AM
 #15

If we hit 6 digits at the end of the year or early 2022, I would say what follows might be a dump, or at least a bear cycle again.

So in any case, we should all be prepared for the worst, keep some profits in this bull run and then be cautious after that. This is just my opinion though, and I might be wrong here.

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October 01, 2021, 03:11:27 AM
 #16

I think that before talking about 2022, I'm going to wait a bit to see how the final months of the year go. If the next couple of months we see the upside that many predictive models expect, such as S2F, beating ATH and passing $100K, we can debate whether in 2022 we are going to enter a bear market as in previous cycles or this time it is going to be different due to institutional demand.

The problem is if the next few months the price does not take off, and we get to December for example in the $40K. Then we enter uncharted territory where the predictive models used so far will have failed and we will have to rethink.

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October 01, 2021, 06:14:54 PM
 #17

Today there is another twist back the price went nearly 5K higher and I didn't find the exact reason for the hike but it confuses more for sure. however I am not convinced that we are still in the bullish trend and the price will reach a new all time high, its more like a dead cat bounce or can be a manipulation by whales before the hard dump.

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October 01, 2021, 06:45:21 PM
 #18

Just want to remind, for anyone who hasn't made a choice on this vote, here are the preliminary results from the 15 users who voted. You may need to take a little part in voting and giving an opinion on how the crypto market will behave in 2022.  Cheesy



I chose the second one, but in the last 24 hours the crypto market cap has grown by more than 9%. Total cryptocurrency trading volume as of today is $144 Billion according to https://www.coingecko.com. Bitcoin dominance is at 41.4% and Ethereum dominance at 17.8%.

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October 02, 2021, 04:05:48 AM
 #19

Its hard to say because alot of it has external factors. For example, I can easily see ATH before 2022 if there is some catalyst such as

1) ETF approval
2) Large company put BTC on Balance sheet like Tesla
3) Stock market indicies keep making new ATHs

However its hard to say what will happen without a catalyst. We had a big rally and people are already expecting $100-$250K or so. I don't think this is a dead cat bounce however without the proper catalyst and volume, it would be hard to reach something like $100K. We could just do 2013 all over again and peak again sometime in late Nov-Dec and 2022 might be nothing more than a decline cycle.

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October 02, 2021, 05:34:55 AM
 #20

Every year bitcoin always make a good history despite of some struggles due to some factors, even this year it cope to survive and breaks new all time high value, so for sure in year 2022 there will be more event with bitcoin.. Or should i say more opportunity in the future for all who still keep hodling their eggs, because of being so optimistic and very promising even there are some frauds and negative feedbacks around the internet..
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