buwaytress
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January 07, 2022, 03:07:20 PM |
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If dumping were to ensue, that would hardly be a correction.
Yeah, and I also won't call this a correction, maybe we are indeed in a bear market? So from a new all time high to probably $20,000-$30,000 sell off, that is huge already, however, this is just a start and maybe it will be a slow grind for this year and it's going to be ugly and painful for the majority to see the price goes down that low. So just hold on anything right now, gonna be a bumpy road. All things relative. For Bitcoin to experience as deep a low of 15% of ATH (March 2020 low being that of about 15% of 2017 ATH) isn't unusual, so by the same percentage we should expect even $10,000 at some point. But yes, $30k from almost $70k in this short a timeframe would really be outside the boundaries of "correction". No pain no gain, for me. Always a win-win no matter how the market pans out today. The eternal tomorrow's where my sight's always been set.
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Yaunfitda
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January 07, 2022, 03:12:33 PM |
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most likely 2022 is the year of correction, and when that will happen, that means bitcoin might dump $30k to $20k
Writing not to say other things and then thinking that this is the most likely outcome without any reasoning's just... well. Not that I don't agree it's a possibility but it's hard to see "correction" and "dump" in the same sentence, and even suggesting $20k without reflecting on the consequence of impact. Bitcoin has never, ever, reverted to an ATH from a previous cycle (I think I actually asked a few months ago and it was confirmed), so there would be deep panic levels if that were to happen. If dumping were to ensue, that would hardly be a correction. I think the value of 20k is very unrealistic although it does not rule out the possibility that it could happen. if the value of bitcoin reaches 20k then the market will be very chaotic, there must be a tremendous panic in the market, people will buy it very much. I hope we don't panic if the value of bitcoin drops to 20k. That's what members here are shouting during 2018, when the market is turning into a bearish mode. They said that bitcoin will not go ~$10k, but look at where the price goes during the worst bearish market of 2018-2019 and to some extend 2020 wherein the price really goes down hard to $3k. So expect the unexpected, even the worst if we really enter a bear market this year. And let this be a lesson for everyone as well, a bear market is really hard to swallow for the majority of us as it will be long. But we can all survived and live up to the next bull run.
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asrinur
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January 09, 2022, 12:04:45 PM |
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As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.
If you are feeling very optimistic about the Bitcoin Bullish price passing $100k in 2022, you even mentioned the bitcoin price hitting $150,000. Of course, your opinion must be studied with rational logic, especially now that it has entered 2022, but the price of bitcoin is still decreasing, so that we don't get stuck in unrealistic numbers and stay alert in the face of bitcoin price movements.
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Wiwo (OP)
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January 09, 2022, 12:41:43 PM |
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As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.
If you are feeling very optimistic about the Bitcoin Bullish price passing $100k in 2022, you even mentioned the bitcoin price hitting $150,000. Of course, your opinion must be studied with rational logic, especially now that it has entered 2022, but the price of bitcoin is still decreasing, so that we don't get stuck in unrealistic numbers and stay alert in the face of bitcoin price movements. I guess we are still in the early days of 2022 and the journey ahead is an exciting one we remain optimistic about the price of Bitcoin to reach a new all-time high before the end of 2022. With the various activities and new development in the Bitcoin network, the price is going to be on the positive side, so many Bitcoin price analysts have forecast a near Bitcoin bull run I believe in the next couple of months businesses picked up we will see more increase in price which will reflect the predictions.
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Jating
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January 09, 2022, 01:19:25 PM |
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As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.
If you are feeling very optimistic about the Bitcoin Bullish price passing $100k in 2022, you even mentioned the bitcoin price hitting $150,000. Of course, your opinion must be studied with rational logic, especially now that it has entered 2022, but the price of bitcoin is still decreasing, so that we don't get stuck in unrealistic numbers and stay alert in the face of bitcoin price movements. I guess we are still in the early days of 2022 and the journey ahead is an exciting one we remain optimistic about the price of Bitcoin to reach a new all-time high before the end of 2022. With the various activities and new development in the Bitcoin network, the price is going to be on the positive side, so many Bitcoin price analysts have forecast a near Bitcoin bull run I believe in the next couple of months businesses picked up we will see more increase in price which will reflect the predictions. I'm not really sure what you mean by new development in the Bitcoin network? But yes, we are still not even at the end of the month so a lot of things can happen. Hopefully it will be on a positive note as the price continues to slide and we are in the brink of a $40k again. A price we haven't seen for a while since we have a good bull run since September if I'm not mistaken. Short term, we might see some semblance of a good bounce to at least $50k and that will be good, and later we might hit 6 digits before the end of this year.
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savetheFORUM
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January 09, 2022, 02:58:19 PM |
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Hopefully it will be on a positive note as the price continues to slide and we are in the brink of a $40k again. A price we haven't seen for a while since we have a good bull run since September if I'm not mistaken.
From the beginning of this year, we had downfall market and then this weekend we are having sideways market; but here after we may see a short term bounce back from the current levels as it seems the support levels around $41k is holding too stronger hence it may not get broken most likely. Short term, we might see some semblance of a good bounce to at least $50k and that will be good, and later we might hit 6 digits before the end of this year.
I guess we must need to test a new ATH above $70k levels before assuming about reaching 6 digits price levels. Still, anything above $50k in sustaining manner in this January will be a good sign.
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sana54210
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January 09, 2022, 06:40:09 PM |
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If you are feeling very optimistic about the Bitcoin Bullish price passing $100k in 2022, you even mentioned the bitcoin price hitting $150,000. Of course, your opinion must be studied with rational logic, especially now that it has entered 2022, but the price of bitcoin is still decreasing, so that we don't get stuck in unrealistic numbers and stay alert in the face of bitcoin price movements.
150K is not unrealistic, you realize that we are in the crypto world, right? I mean I am not saying that it WILL be 150k, but in crypto nothing is too unrealistic, sure if you said 10 million dollars I would agree but 150k is like a bit under 4x and that is nothing in crypto. Frankly at the top 68k that is around a bit over 2x, so it is nothing. We have seen that much increase in crypto prices all the time, just in recent months we had from 30k to 68k which is over 2x, so never say it is unrealistic for the price to go up that much. You get a healthy 3x from a hyped period and you are almost there which is why I am quite happy with buying more and more bitcoin. Once again, none of this means that I believe it will be 150k, it just means that it is totally possible for the price to be 150k and that's it. Let's see what happens in the upcoming months to get a better understanding.
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Oasisman
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January 10, 2022, 01:23:32 PM |
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Hopefully it will be on a positive note as the price continues to slide and we are in the brink of a $40k again. A price we haven't seen for a while since we have a good bull run since September if I'm not mistaken.
From the beginning of this year, we had downfall market and then this weekend we are having sideways market; but here after we may see a short term bounce back from the current levels as it seems the support levels around $41k is holding too stronger hence it may not get broken most likely. $41,000 is really a strong support level, but It seems like it's not going to hold any further from now, we might see another dip maybe below $40,000 level. Though it's not something to worry about as people could actually buy more Btc thus causing it to make a small bounce back again. So, there's always gonna be a chance that the bear market will retain Btc at $39k - $40k+ region for the entire bearish season.
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Mamun74
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January 11, 2022, 12:38:00 PM |
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This is a positive note as the bitcoin price continue dip and rise.BTC is still dominate at the market cap.Bitcoin development huge increase in 2021 and bitcoin price reached $66000+ in 2021.Now bitcoin price too dip than previous year.i believe that bitcoin price will be rise again and good sound this year.I hope bitcoin price will be hit this year and it will be rise $150+ in future.
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Ngemmeng
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January 12, 2022, 01:32:22 PM |
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This is a positive note as the bitcoin price continue dip and rise.BTC is still dominate at the market cap.Bitcoin development huge increase in 2021 and bitcoin price reached $66000+ in 2021.Now bitcoin price too dip than previous year.i believe that bitcoin price will be rise again and good sound this year.I hope bitcoin price will be hit this year and it will be rise $150+ in future.
yes the price increase that occurred in 2021 was extraordinary and was able to bring bitcoin to the highest price of all time, besides that the price recovery in 2021 was also very extraordinary and brought bitcoin to its highest price twice in one year. but it's very worrying for me, I'm afraid that 2022 will be the opposite of 2021. And if that actually happens it means 2022 is going to be a really great bear market and this bear market is the effect of price increases in 2021.
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STT
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January 12, 2022, 01:48:48 PM |
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Just hitting 50k is positive believe it or not, staying that high is incredibly positive. There is no need to dream of very large numbers in such a short time as just some months, there is no rush to see all gains occur immediately. Staying at 50k this whole year very much increases the chances of further gains in future and most importantly it will better stick to higher prices if we move with enough time to involve every participant who wishes to be part of BTC private and companies etc.
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lepbagong
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January 19, 2022, 04:37:48 AM |
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This is a positive note as the bitcoin price continue dip and rise.BTC is still dominate at the market cap.Bitcoin development huge increase in 2021 and bitcoin price reached $66000+ in 2021.Now bitcoin price too dip than previous year.i believe that bitcoin price will be rise again and good sound this year.I hope bitcoin price will be hit this year and it will be rise $150+ in future.
the plus side is that it's true, until now bitcoin still holds the dominance of market capitalization, which implies that bitcoin is still the best and still preferred for trading and investment. last year bitcoin reached ATH $69,044.77 - Nov 10, 2021 and after that there was a correction to date, but currently it is still entering a stable period for bitcoin. you and all including me also hope that bitcoin will be able to increase again as long as at the end of January it does not fall below $ 40K, because it is feared that it will continue to decline and will have difficulty increasing sharply. always bitcoin will be able to do it back to its best price, at least in febuary there will be a renewable ATH achievement and then it will gradually increase and there is no need to rush it can reach $150K because there is still a lot of time that bitcoin can do.
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lizarder
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January 19, 2022, 07:09:19 AM |
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As the rate of inflation rise all over the world, Bitcoin is seen as the hedge over inflation which is why so many analyses predicted $70,000 Bitcoin price in 2021 which was achieved as Bitcoin made an all-time price of above $70000 and the deflationary forces that faced the top commodities and exchange globally forced Bitcoin price to drop back to its present price. This has led me to say that 2022 Bitcoin is going to cross the $100,000 bitcoin price predictions.
What is the extent of bitcoin's influence on the world? predictions of achieving the highest price for bitcoin began to be made in 2020, as I remember at that time many experts said bitcoin would reach a price of $ 60K, it is true that the prediction, now bitcoin continues to move at the highest price, the problem now is the correction in 2021 has not yet fully recovered, thus forcing bitcoin to be on a red path, although some people say this is a new ATH achievement scenario going forward.
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