Devifajarina
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December 07, 2021, 08:35:06 PM |
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The market have got disturbed and now bitcoin has come around $56k. Along with bitcoin there is decline in the price of ethereum reaching around $4000. The critical resistance of the market seems to test the $50k by this weekend. More institutional investors will buy the dip as there is assured recovery of the market to reach new ATH over the falling year.
Absolutely right. The crypto Market went down sharply last week due to shocking news of new variant of covid-19 virus discovered in South which is very fatal and spreads faster and this virus is capable to evade Body immune system.This news caused panic selling in all markets including stocks, commodities and crypto. Though Bitcoin price recovered but still very sluggish and new ATH by end of 2021 seems difficult to achieve. The market will never be affected by that Covid pandemic again , we have already established the market long ago against this news. the issue now is different from tha new variant and trust me this is not about covid. It is at some belief is manipulation , we cannot also call this as correction because the prices already corrected few weeks ago when the bitcoin price drops down to below 30k . From the start I have analyzed the covid condition, there is no big influence from the existing pandemic on bitcoin, the market is running separately from that condition, even though many people have linked it, the evidence is that today the pandemic is getting lost, but corrections have also occurred several times, especially in cryptocurrencies , the manipulations carried out did not make bitcoin corrected for a long time, that means the situation does not affect in general and is open, bitcoin is not a cryptocurrency that is connected to these events .
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elisabetheva
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December 11, 2021, 08:01:00 AM |
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After the dip Bitcoin will surely rise or recover,sometimes Bitcoin price get affected of some negative news from the mainstream media the Chinese fud, and other negative feedback from the different country. But this is not new to us after a months or a week we will see Bitcoin will recover for now let's wait and hold our bags for good.
Some fud news still continue to hit bitcoin today, causing the price of bitcoin to fall in the market, in my opinion the emergence of a new corona virus variant has caused excessive fear in some countries and of course this has also triggered the current bitcoin market condition, besides that I think it is bearish what is happening now is very reasonable because previously bitcoin experienced a sharp strengthening in the last year and if I'm not mistaken bitcoin has strengthened almost around 200% this year. maybe what you said with the bad news that kept coming to bitcoin resulted in a very deep correction, but we also know that a lot of good news also came, but it was not able to make bitcoin lift, not even to have an effect. predictions that bitcoin is usually a habit, if after the halving it will increase at the end of the year. seems far from expectations, although it is true what you said before that bitcoin has increased this year, but the prediction for the end of the year is a mess and could result in a prolonged correction next year.
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STT
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December 11, 2021, 11:55:16 PM Last edit: June 12, 2023, 12:24:20 AM by STT |
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Seems a decent take from the 200 day average, if we do lose that recent low then be more cautious. Short term we're at the weekly average now, so a hurdle to cross then 49k as mentioned by others and 54k is resistance on a weekly basis. We have some kind of recovered weekly bar but I think it will take time to be more assured that we do not need to cross lower to confirm the lows as solid.
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bots1
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December 12, 2021, 09:23:09 AM |
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Although the price of bitcoin has experienced a large decline or is in a bearish phase in the last few weeks, the current decline in bitcoin is still within reasonable limits, especially since it has happened in recent years. Therefore, I am optimistic that the bitcoin price will be bullish again around Q1 2022. It can also be seen that some large institutions will definitely adopt bitcoin on a large scale including banking in the future.
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JohnBitCo
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December 12, 2021, 12:57:13 PM |
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I think the price of Bitcoin is at a very psychological level, the entry of purchases by Microestrategi for more than 700 thousand BTC and now El Salvador are very good signs, when we take into account everything that can happen, the market is still It has not taken the corresponding turn, I have the theory that while the market fell almost to $ 52k, Microestrategi bought and then Bukele came buying as well, it is not confirmed but it could be spoken of two small whales that have made the market move only a little, But the big whales, the ones that can actually move the market, haven't made the move yet.
On the macro level, bitcoin is very bullish. Also, the on-chain data suggest that no institution wants to sell at these prices. There are some whales and/or some exchanges who try to manipulate the market. I think whales are waiting for the right time to give all of us the surprise by moving bitcoin prices very high and then it will create a fomo of a bull run.
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GbitG
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December 12, 2021, 03:52:12 PM |
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Although the price of bitcoin has experienced a large decline or is in a bearish phase in the last few weeks, the current decline in bitcoin is still within reasonable limits, especially since it has happened in recent years. Therefore, I am optimistic that the bitcoin price will be bullish again around Q1 2022. It can also be seen that some large institutions will definitely adopt bitcoin on a large scale including banking in the future.
We already have some good number of institutions investments coming because after Microestrategi and El Salvador adoption big turn happen and world having change mind with this which was in negative for more than one decade but now all feeling it's authentic and not going anywhere, so surely positive things will happen in future. We were supposed to good for this December but sadly mostly whales have their own agenda which is having serious impact so this time they're done this and dumb in good way which bring price down but as expected we will have green signals in coming days surely even many believe we will have big bull run which is in pipeline.
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LUCKMCFLY
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December 14, 2021, 03:43:14 PM |
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I think the price of Bitcoin is at a very psychological level, the entry of purchases by Microestrategi for more than 700 thousand BTC and now El Salvador are very good signs, when we take into account everything that can happen, the market is still It has not taken the corresponding turn, I have the theory that while the market fell almost to $ 52k, Microestrategi bought and then Bukele came buying as well, it is not confirmed but it could be spoken of two small whales that have made the market move only a little, But the big whales, the ones that can actually move the market, haven't made the move yet.
On the macro level, bitcoin is very bullish. Also, the on-chain data suggest that no institution wants to sell at these prices. There are some whales and/or some exchanges who try to manipulate the market. I think whales are waiting for the right time to give all of us the surprise by moving bitcoin prices very high and then it will create a fomo of a bull run. I have been watching the price of BTC and it has been with a very bearish volume, in fact a few days ago the whales tried to raise the price and they found a giant wall of supply and the price did not exceed $ 50k, then the next day they returned make the effort and they did not find much offer, because they went from $ 50k, then it fell again to $ 47k - $ 48k, on December 13 they made moves to almost $ 45k almost like a high frequency trading move, I interpret it as jumping the stop loss, then the volume has been very red, but this suggests that it may be that they are waiting for the price to rise a lot because everyone will want to enter lower, possibly the opposite will happen.
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TravelMug
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December 18, 2021, 05:03:38 AM |
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I think the price of Bitcoin is at a very psychological level, the entry of purchases by Microestrategi for more than 700 thousand BTC and now El Salvador are very good signs, when we take into account everything that can happen, the market is still It has not taken the corresponding turn, I have the theory that while the market fell almost to $ 52k, Microestrategi bought and then Bukele came buying as well, it is not confirmed but it could be spoken of two small whales that have made the market move only a little, But the big whales, the ones that can actually move the market, haven't made the move yet.
On the macro level, bitcoin is very bullish. Also, the on-chain data suggest that no institution wants to sell at these prices. There are some whales and/or some exchanges who try to manipulate the market. I think whales are waiting for the right time to give all of us the surprise by moving bitcoin prices very high and then it will create a fomo of a bull run. I have been watching the price of BTC and it has been with a very bearish volume, in fact a few days ago the whales tried to raise the price and they found a giant wall of supply and the price did not exceed $ 50k, then the next day they returned make the effort and they did not find much offer, because they went from $ 50k, then it fell again to $ 47k - $ 48k, on December 13 they made moves to almost $ 45k almost like a high frequency trading move, I interpret it as jumping the stop loss, then the volume has been very red, but this suggests that it may be that they are waiting for the price to rise a lot because everyone will want to enter lower, possibly the opposite will happen. Yeah, it's really very uncanny for bitcoin to be bearish in December. So maybe the air is changing and we might be entering a bearish cycle as early as today as the price goes down again to $45k without any reasons or justification. Yesterday we are attempting to break $50k and then all of a sudden another downward spiral. Weekend already so we might expect another slow and low trading volumes resulting in a non movement, so we will stay to $45k-$46k for now.
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LUCKMCFLY
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December 24, 2021, 03:43:19 AM |
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I think the price of Bitcoin is at a very psychological level, the entry of purchases by Microestrategi for more than 700 thousand BTC and now El Salvador are very good signs, when we take into account everything that can happen, the market is still It has not taken the corresponding turn, I have the theory that while the market fell almost to $ 52k, Microestrategi bought and then Bukele came buying as well, it is not confirmed but it could be spoken of two small whales that have made the market move only a little, But the big whales, the ones that can actually move the market, haven't made the move yet.
On the macro level, bitcoin is very bullish. Also, the on-chain data suggest that no institution wants to sell at these prices. There are some whales and/or some exchanges who try to manipulate the market. I think whales are waiting for the right time to give all of us the surprise by moving bitcoin prices very high and then it will create a fomo of a bull run. I have been watching the price of BTC and it has been with a very bearish volume, in fact a few days ago the whales tried to raise the price and they found a giant wall of supply and the price did not exceed $ 50k, then the next day they returned make the effort and they did not find much offer, because they went from $ 50k, then it fell again to $ 47k - $ 48k, on December 13 they made moves to almost $ 45k almost like a high frequency trading move, I interpret it as jumping the stop loss, then the volume has been very red, but this suggests that it may be that they are waiting for the price to rise a lot because everyone will want to enter lower, possibly the opposite will happen. Yeah, it's really very uncanny for bitcoin to be bearish in December. So maybe the air is changing and we might be entering a bearish cycle as early as today as the price goes down again to $45k without any reasons or justification. Yesterday we are attempting to break $50k and then all of a sudden another downward spiral. Weekend already so we might expect another slow and low trading volumes resulting in a non movement, so we will stay to $45k-$46k for now. The truth for me I have preferred to leave everything on the market, both the altcoins that I have in investment and the BTC in Hodl mode, which is not really much money, it is less than $ 1k, and I do not want to touch anything, I want to at least see a decent profit for 2022, for now I am living with what I generate briefly, I do not spend more or anything, only what is necessary, although when you have children, things change a lot, however if BTC rises or not, it would be great for me that to go up, the bad thing I think is before the middle of the year we all thought that in December BTC would reach $ 100k, and this alerted the whales not to raise the price, even though the whales are the ones that have the power to move the market for your money.
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rahmatrf331
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December 24, 2021, 02:23:46 PM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
I myself admit that the market will go up again, but I realize this is all fiction because I can't buy when the bitcoin price has reached the peak of the correction and is now almost far from that point. Maybe the price has started to not catch up anymore at this time from the price of $45k it has broken through the latest price of $51k.
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yohananaomi
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January 15, 2022, 06:05:27 AM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
I myself admit that the market will go up again, but I realize this is all fiction because I can't buy when the bitcoin price has reached the peak of the correction and is now almost far from that point. Maybe the price has started to not catch up anymore at this time from the price of $45k it has broken through the latest price of $51k. that there will always be no continuous correction and I agree with you, that there will come a time when it will increase again, but when will it happen?. with the current situation we hope that bitcoin doesn't drop below $40K which is a good thing. currently the price is $43,087.56, and since the beginning of the year the price has indeed moved from $40K+ to $48K+, it doesn't look like it will break through $50K. which we hope will trigger to move and increase even more after crossing $50K and that's what we hope for, but will it happen before entering the beginning of February?
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MarjorieZimmermanGinger
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January 15, 2022, 09:55:26 AM |
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Now that the inflation is rising in Europe, caused by energy costs ?! <G> there will be a run on bitcoin to maintain wealth. The inflation is already at 4 to 5% maybe even higher. This can not continue for longer before rich people start to get very nervous. If there ever was a time where bitcoin is going to skyrocket out of control, it's the coming 3 to 6 months ! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) =D Banks will panic, Banks will buy bitcoin too, with bank account holder savings. And the bank account holders will be the nigga holding the bag, worthless money caused by inflation. From riches to rags ! LOL. I don't have the balls to buy bitcoin right now. But if you are balsy... then you now know what to do. Inflation is caused by several things, this has nothing to do with bitcoin I think, but I agree that bitcoin will skyrocket in the next three to 6 months, because the correction phase will return to the green line in February bringing, I actually think now is a good move to buy bitcoin, but you have to save in the long term, because the possibility for bitcoin to strengthen in the next 6 months will be very large, you don't have to worry about buying it now.
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bitterguy28
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January 15, 2022, 10:44:04 AM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
I myself admit that the market will go up again, but I realize this is all fiction because I can't buy when the bitcoin price has reached the peak of the correction and is now almost far from that point. Maybe the price has started to not catch up anymore at this time from the price of $45k it has broken through the latest price of $51k. you have loosen your chance to buy recently ? the value down back to almost 40k and if you are truly looking for opportunity to buy then that is the perfect timing unless you already invested in other coins? share your updates now because since 2022 starts the value of bitcoin continues to downfall and cannot even break that 45,000 again. in which sign of a falling market and sign of a Bearish near to happen.
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STT
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January 15, 2022, 11:41:03 AM Last edit: June 12, 2023, 12:16:35 AM by STT |
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I think if we definitively break this trend it will run up some, its just the negative pattern from the top. Outrunning or just breaking this negative should mean it resolves upwards with far greater ease. There is a series of trials to recover prior price action like the momentum represented in the averages but I think it would be quite normal to move upwards. If we do fail in that attempt then sure its weaker then recognized.
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Hypnosis00
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January 15, 2022, 01:59:30 PM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
It will come, that was for sure. It is just we need to extend our patience and keep positive for the incoming. Maybe, these blue whales could help it out and push the market to bullish again, I was on that hope and looking forward to being happened. What I see for now is the sun going to shine again, after in troubled we got to see the sun back to its light again. I think we are even more thankful how holders keep their coins intact than selling them off last year.
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Dhaniii
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January 15, 2022, 02:44:59 PM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
It will come, that was for sure. It is just we need to extend our patience and keep positive for the incoming. Maybe, these blue whales could help it out and push the market to bullish again, I was on that hope and looking forward to being happened. What I see for now is the sun going to shine again, after in troubled we got to see the sun back to its light again. I think we are even more thankful how holders keep their coins intact than selling them off last year. bitcoin will be bullrun, have to stay for the next few weeks, please be patient and keep the coin well and safe. The first quarter of 2022 is still two weeks away, so it's only natural that the current financial period is still in the preparation stage. currently bitcoin is refueling enough before the bear market can break new ATH at a later point.
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dezoel
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January 15, 2022, 06:55:48 PM |
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you have loosen your chance to buy recently ? the value down back to almost 40k and if you are truly looking for opportunity to buy then that is the perfect timing unless you already invested in other coins? share your updates now because since 2022 starts the value of bitcoin continues to downfall and cannot even break that 45,000 again. in which sign of a falling market and sign of a Bearish near to happen.
Sometimes we just don't have the money for it. I was lucky enough to get in right now, but not everyone will be given the same chances and sometimes life takes that chance away from you involuntarily. This is why there are a lot of people who are aware of the situation but can't purchase since they do not have the funds to get into a new asset. I feel lucky that I was blessed with an amazing job, I love doing it but also I love making great amount of money with it as well, which allows me to be actually get into crypto each month. Not a lot, if I told you how much I purchased you would mock me, that is for sure, but that's all I can afford and I am fine with it and as someone coming from a third world country, it is not a bad amount when you combine it each month and when the prices go up. So, it is really important to be content with what you have, and try to save as much as possible to get in during these periods, but if you can't, that is understandable as well.
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lepbagong
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January 17, 2022, 06:41:53 AM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
It will come, that was for sure. It is just we need to extend our patience and keep positive for the incoming. Maybe, these blue whales could help it out and push the market to bullish again, I was on that hope and looking forward to being happened. What I see for now is the sun going to shine again, after in troubled we got to see the sun back to its light again. I think we are even more thankful how holders keep their coins intact than selling them off last year. bitcoin will be bullrun, have to stay for the next few weeks, please be patient and keep the coin well and safe. The first quarter of 2022 is still two weeks away, so it's only natural that the current financial period is still in the preparation stage. currently bitcoin is refueling enough before the bear market can break new ATH at a later point. always remain optimistic which must be put forward that there will not always be a continuous correction and in time it will be seen again that the increase will soon be able to approach again. I hope that what you have said is something we have been waiting for, that the financial period is still in the preparation stage for recovery. if we look in the mirror with the past experience of bitcoin, we clearly know that the end of January 2021 is the moment when bitcoin begins to creep up until its peak in April, will this year repeat 2021? we hope it is real and can happen. We'll have to wait a few weeks for this.
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ReiMomo
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January 17, 2022, 07:26:24 PM |
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Many of us understand that the price of Bitcoin will go up but many of us cannot afford to buy more. Again, the speed of the market is often hostile. The market has suffered a lot at the time when we thought that the market could cross $100k in the middle of this year. There are many blue whales who want to come together and control the market. But general investors do not do anything. But since the market is starting to get out of a bad situation, we will naturally see an improvement.
It will come, that was for sure. It is just we need to extend our patience and keep positive for the incoming. Maybe, these blue whales could help it out and push the market to bullish again, I was on that hope and looking forward to being happened. What I see for now is the sun going to shine again, after in troubled we got to see the sun back to its light again. I think we are even more thankful how holders keep their coins intact than selling them off last year. bitcoin will be bullrun, have to stay for the next few weeks, please be patient and keep the coin well and safe. The first quarter of 2022 is still two weeks away, so it's only natural that the current financial period is still in the preparation stage. currently bitcoin is refueling enough before the bear market can break new ATH at a later point. always remain optimistic which must be put forward that there will not always be a continuous correction and in time it will be seen again that the increase will soon be able to approach again. I hope that what you have said is something we have been waiting for, that the financial period is still in the preparation stage for recovery. if we look in the mirror with the past experience of bitcoin, we clearly know that the end of January 2021 is the moment when bitcoin begins to creep up until its peak in April, will this year repeat 2021? we hope it is real and can happen. We'll have to wait a few weeks for this. Yes. I have been watching the market since 2016 and I would say, after every pump, certainly there will be corrections and after every corrections there will be a slight pump and followed by a huge pump. Yes the current correction is indicating a positive growth in upcoming weeks. The price has been stable from $40k to $50k in past two months. I believe we have moved forward towards another big milestone and that might be an another stop at $90k plus in few months. But yes market is volatile and its unpredictable.
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STT
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January 20, 2022, 03:15:59 PM |
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Deflation and inflation are quite similar in their effects, they make people poorer. It can be quite ironic that inflation though bringing higher prices also means your customer base is worse off hence can lead to the downfall of your business model or supposed bullish scenario. The best economy is level and equal in its pricing, regular enough that nobody fears the turn of prices that might come next. Calm equates to prosperity because it means steady growth that is sustained not brief spikes that upset or cause retraction in demand. I think OP meant that inflation means BTC can be bullish but I dont quite expect it to be that simple, it means bumps in the road that dont get fixed.
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