Bitcoin is recovering

[Dhaniii]

 a clearer assumption is that we are facing a new variant of the pandemic, the restructured economic bridge once again falls into financial and support collapse, most of the direction of support is gradually turning to health and policies to help people experiencing the pandemic. , of course, such disturbances that keep bitcoin on its way back are also affected.

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[the ghabbar]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

It's hard to predict bitcoin in these conditions, bitcoin in general is the most stable coin compared to others, but the correction makes bitcoin go back down at a price that is not so big, I also don't see this as a bull trap, but this correction is a common thing happening, but reaching new ATH is difficult for bitcoin at the moment, I predict bitcoin will make great progress in the middle of this year.

[Dave1]

a clearer assumption is that we are facing a new variant of the pandemic, the restructured economic bridge once again falls into financial and support collapse, most of the direction of support is gradually turning to health and policies to help people experiencing the pandemic. , of course, such disturbances that keep bitcoin on its way back are also affected.

We've been living in a 'new norm' already, economy has started to grow back, although we have another covid-19 strain that really affected us from November and up to this day. Nevertheless, I don't think this could be the biggest single factor that really affected the market.

Maybe the investors really smell something fishy with the way the price is moving right now. Maybe we are really in a bear market after-all. And with that, everyone will need to adjust our strategy as the market is changing, we should also adapt.

[MarjorieZimmermanGinger]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.

[Ebede]

I think bitcoin in 2022 will be a positive trend where the covid pandemic is starting to disappear in some countries. although in 2022 there will be negative and positive trends as in previous years. but in my opinion the value of bitcoin will penetrate 100k.

In 2022 information of coins will change the negative you are talking and another from the positive and positive is going to be greater another, no pandemic this year and it has stopped long time every body know that cryptocurrency will have more population and more great this year 2022 if you have money invest and follow the lines of investment

[the ghabbar]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.

It is not a measuring tool for bitcoin at the time of the correction, because there is no single coin that we can predict 100%, but unlike bitcoin, people can see the movement, stability and number of requests, so to make predictions have a reference, even for the month of May also not necessarily bitcoin will recover completely from the correction, but what we need to understand is bitcoin is the only stable coin in cryptocurrency and there is no need to worry too much about dibitcoin correction.

[kotajikikox]

I think bitcoin in 2022 will be a positive trend where the covid pandemic is starting to disappear in some countries. although in 2022 there will be negative and positive trends as in previous years. but in my opinion the value of bitcoin will penetrate 100k.

In 2022 information of coins will change the negative you are talking and another from the positive and positive is going to be greater another, no pandemic this year and it has stopped long time every body know that cryptocurrency will have more population and more great this year 2022 if you have money invest and follow the lines of investment

Who told you that the pandemic had already stopped? have not you watching news recently? the new variant is spreading quickly and there are some lock downs happening again in some areas.
and death tolls and also the infection is rising specially this past holiday that the people cares nothing again as if there are no crisis and pandemic happening.
but also pandemic is not the main reason why the market is stagnant because even when the virus is highly increasing last year yet the market makes its way to the highest .

[cryptomaniac_xxx]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

For now I don't think bitcoin will be able to reach new ATH until mid-2022, the correction is still continuing to this day, even if you pay attention to the previous month, bitcoin has not been able to recover the correction to the maximum, this means it is difficult for bitcoin to reach new ATH in the beginning year, even so I believe bitcoin in the middle of 2022 will experience a good increase, let's see what the middle of this year bitcoin will be like.

On the contrary, maybe we will not see any new ATH for 2022, not until mid-2022 if we suddenly goes into a bear market. And this correction that we are seeing is not a correction per se, but the start of a downward trend similar to what we have seen during the start of 2018. And I have seen members back then doesn't want to believe or at least turning turn heads when all signs of a bear market is already here. So all I'm saying is that we should just be cautious first and see what's going on around and think that somewhat a bear is imminent in this market.

[Natalim]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

For now I don't think bitcoin will be able to reach new ATH until mid-2022, the correction is still continuing to this day, even if you pay attention to the previous month, bitcoin has not been able to recover the correction to the maximum, this means it is difficult for bitcoin to reach new ATH in the beginning year, even so I believe bitcoin in the middle of 2022 will experience a good increase, let's see what the middle of this year bitcoin will be like.

On the contrary, maybe we will not see any new ATH for 2022, not until mid-2022 if we suddenly goes into a bear market. And this correction that we are seeing is not a correction per se, but the start of a downward trend similar to what we have seen during the start of 2018. And I have seen members back then doesn't want to believe or at least turning turn heads when all signs of a bear market is already here. So all I'm saying is that we should just be cautious first and see what's going on around and think that somewhat a bear is imminent in this market.

Even if that would happen I would still not discourage investing because I also see this in the past, after a bull run a long correction will come but that's alright because it's a normal thing based on the current cycle. The bear market is the time for accumulation while the bull market is the time for selling, that's pretty much it.

[STT]

We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.

[MarjorieZimmermanGinger]

We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.

The current condition is not a reference in making the range, the current failure has not determined that bitcoin is not able to provide the maximum value or price, corrections are a common thing that occurs in the market, so I don't think it's determined at this time and my belief is that bitcoin will increase in the future maximum at a high price, therefore we are waiting for this condition to occur and we must be able to take advantage of it to achieve maximum profit.

[Ngemmeng]

We are in a daily range for now, today its bottom of that range and overall it appears badly in some decline but still I dont presume we simply fail downwards as that is the most predictable action and BTC volatility says we are most biased to do the unexpected quite often.

The current condition is not a reference in making the range, the current failure has not determined that bitcoin is not able to provide the maximum value or price, corrections are a common thing that occurs in the market, so I don't think it's determined at this time and my belief is that bitcoin will increase in the future maximum at a high price, therefore we are waiting for this condition to occur and we must be able to take advantage of it to achieve maximum profit.

if we see the price of bitcoin continues to increase all the time we can use this moment as a reference to predict the price of bitcoin in the future. indeed in the short term the price of bitcoin does not always rise, but in the long term the price of bitcoin continues to increase. The price of bitcoin today is much more expensive than the price of bitcoin 10 years ago, with this fact it can be a reference for all of us to predict bitcoin price movements in the future.

[the ghabbar]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.

It is not a measuring tool for bitcoin at the time of the correction, because there is no single coin that we can predict 100%, but unlike bitcoin, people can see the movement, stability and number of requests, so to make predictions have a reference, even for the month of May also not necessarily bitcoin will recover completely from the correction, but what we need to understand is bitcoin is the only stable coin in cryptocurrency and there is no need to worry too much about dibitcoin correction.

For that reason I say that in May bitcoin will fully recover from the correction, even though it will also be corrected again in the following months, it is true that no one can predict bitcoin 100%, but like what you said that people have references In doing all that, given the amount of demand and stability we can find, today bitcoin is not really keeping up with demand and selling, so to restore the correction requires balance.

I don't think bitcoin will be able to fully recover from the current correction, there must be big steps taken going forward, so that bitcoin is on a good track, but right now the problem is the market is being corrected for all existing coins, so recovering bitcoin is not an easy thing , but believe me in March and above bitcoin will return to a good track, if this happens, at least we have prepared a small or large investment in bitcoin, so that during the bull run we can take advantage to achieve big profits.

[Heartilly]

no matter how much the value of bitcoin drops, it will definitely pump. Especially now that bitcoin is about to reach its max supply. Many businessmen and investors will definitely invest in bitcoin when its supply reaches its limit.

And hopefully, other tokens and coins will also pump when bitcoin continues to pump. The potential of bitcoin has been tested, many have witnessed it when it started at the very first and lowest price until the net price in the market could not be stopped.

[mattujusuruga]

In my opinion, since bitcoin hit a new ATH in November, and the bear market came in early December it has had a very deep downtrend in price for bitcoin. Until now, the price of bitcoin is still experiencing a significant price decline. Therefore, bitcoin has not recovered since the price decline in early December until now where the bitcoin price is still difficult to rise to the level of $55K.

a few days ago Bitcoin was at 50k and currently dropping back to 48k I think it's still very good and not a price correction too deep with the current price it is very possible for bitcoin to hit ATH again in the near future when the bull market comes.
and with what is happening in the market today I think it is still very reasonable that the crypto market price moves so fast and there is no need to worry because from what has happened in the past Bitcoin always recovers from adversity.

Since the start of the new year the price of bitcoin has not returned to rise since experiencing a price decline late last year. even this price correction has the potential to bring Bitcoin below $40,000. Therefore we are still questioning the volatility of Bitcoin in early 2022. This fluctuation has the potential to further depress Bitcoin prices until mid-2022 or even become a catalyst for a price rally in line with the reduced global stimulus post-pandemic.

[Russlenat]

In my opinion, since bitcoin hit a new ATH in November, and the bear market came in early December it has had a very deep downtrend in price for bitcoin. Until now, the price of bitcoin is still experiencing a significant price decline. Therefore, bitcoin has not recovered since the price decline in early December until now where the bitcoin price is still difficult to rise to the level of $55K.

a few days ago Bitcoin was at 50k and currently dropping back to 48k I think it's still very good and not a price correction too deep with the current price it is very possible for bitcoin to hit ATH again in the near future when the bull market comes.
and with what is happening in the market today I think it is still very reasonable that the crypto market price moves so fast and there is no need to worry because from what has happened in the past Bitcoin always recovers from adversity.

Since the start of the new year the price of bitcoin has not returned to rise since experiencing a price decline late last year. even this price correction has the potential to bring Bitcoin below $40,000. Therefore we are still questioning the volatility of Bitcoin in early 2022. This fluctuation has the potential to further depress Bitcoin prices until mid-2022 or even become a catalyst for a price rally in line with the reduced global stimulus post-pandemic.

The expectation did not happen, we were expecting a $100k this year and it looks like instead of a bull run, a bear run is happening now. It's likely that bitcoin will fall below $40k, as what I read in an article, it says that $38k will be its dip, so watch out for that but don't be surprise.

[StreakW]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.

[the ghabbar]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.

It's true that bitcoin is still in the correction stage at this point, but in the long run I'm sure bitcoin won't go down at $40K, to reach that level is difficult for bitcoin in my view, the correction will recover if something happens in the market, that's this means investors will have to make a surprise in the next few months, for bitcoin to recover
from the correction, then produce the maximum selling value, but caution is needed to secure the investment that we make.

[bitgov]

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.

Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.

[lenovop-70]

Last November was good for Bitcoin's movement to crawl up, but today, January 2022 as previously predicted by experts there was a scary bloodbath as we are witnessing today.
Actually this is reasonable because the previous data already said about 'Crypto Winter' as now in the first quarter of most years passed.
So IMHO, this is a good time to buy and take profit at the end of the year, my advice is to do some deep research before kick in, good luck guys!