TravelMug
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January 09, 2022, 10:57:05 AM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. I'm also leaning towards a bear market, but in the short term or at least this quarter. I think if we look at the sentiments, it all but negative, but if there will be one good news this market might turn for the better again and who knows $75k target could be hit. Maybe news like a new country adopted bitcoin legally like El Salvador, or a bitcoin ETF approval by the US SEC. And if cases that we are in a bear market then we have to face that and be prepared.
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the ghabbar
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January 11, 2022, 09:06:05 AM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. I'm also leaning towards a bear market, but in the short term or at least this quarter. I think if we look at the sentiments, it all but negative, but if there will be one good news this market might turn for the better again and who knows $75k target could be hit. Maybe news like a new country adopted bitcoin legally like El Salvador, or a bitcoin ETF approval by the US SEC. And if cases that we are in a bear market then we have to face that and be prepared. The current market is not well controlled, so there is a big mess till now, negative sentiment worsens the condition and can't be cured till now, news about a new country starting to legally adopt bitcoin also can't affect the market, market conditions should be back on a good trend, if you want a lot of price improvements to appear in the future, but maybe we need to be prepared to wait for everything to finish, then get back on a good track and be able to produce maximum prices.
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STT
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January 14, 2022, 11:50:28 PM Last edit: June 12, 2023, 12:16:47 AM by STT |
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We do seem to be outside of OP conditions for a bullish scenario, these patterns can fail and frequently falter before recovering. I dont tend to draw anything but a straight channel upward that either continues or requires a reset but its not easy to read. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAkiCj.png&t=665&c=kmz9ItSZkAZBSw) I think BTC remains bullish over the medium term, its done well this past year and hasnt negated that price action by in effect going sideways. I think the recent low could prove to be a good one, its appearing in line with support for 2021. I wont especially believe we are going to ascend near term until both 50 day and 50 week averages are regained. Until that occurs, I think we are in consolidation and revision ie. we have slowed the pace of gains but I dont yet count that as a negative larger trend.
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Kemarit
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January 15, 2022, 09:52:26 AM |
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In other words, we are still in the middle grounds for now, so it might be good long term, but bad short term. But either way, it will take a lot of patience from us to really wait if $75,000 is achievable at the second half of the year.
There could be some news that will trigger another bullrun in the future pushing that price higher again and confidence is back, thus hitting 50 week average again.
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Reatim
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January 15, 2022, 10:27:50 AM |
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From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8AmQQsM.png&t=665&c=uFkG9X73wXclsg) If this scenario occurs then the current buy the dip will be very profitable. This is more rational than the big targets people set, the bitcoin price is currently close to $40k until the correction does not recover completely, Don't trust your instinct that this is still a correction effect because this is almost 2 months on going so i believe that there are no correction instead this is the real movement of market now. a large bearish candle will not be able to bring bitcoin to a price of $100K in the next few months, but to reach the $74K or $75 level K is more likely to be easy to obtain, this projection can be accepted with common sense compared to large predictions under conditions of ongoing correction.
\ There is no increase that will happen in next months and as i believe this will also not come this whole year. but in case there are chance to hype then that will be in the next 2-3 years.
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SquallLeonhart
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January 15, 2022, 05:36:35 PM |
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This is more rational than the big targets people set, the bitcoin price is currently close to $40k until the correction does not recover completely, a large bearish candle will not be able to bring bitcoin to a price of $100K in the next few months, but to reach the $74K or $75 level K is more likely to be easy to obtain, this projection can be accepted with common sense compared to large predictions under conditions of ongoing correction.
There is a difference between what happened and what is going on right now. What happened was a correction, but just because we got a correction doesn't mean that we have to be high right now, not all corrections are followed by a big increase, some do and some don't. So, what happened was a correction, then we had a small bump, weekly in the green, and now we are just.. here. It is not doing bad, it is not doing great neither, just because the price is low, you can't say that it is "doing bad" right now, it "did" bad but right now it is stagnant or even a bit better. That is the situation we are in right now, it is not a perfect situation, but it is not horrible neither.
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virasog
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January 15, 2022, 06:43:28 PM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. Well, that's what the whales and institutes want from retail that they become completely disappointed on the bullish market and sell all their holding thinking the bear market is started and the price will go further down. That will be the right time when whales will push the price up and then retail will again enter at the high , probably at the time when bitcoin will be near its peak.
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Jating
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January 16, 2022, 12:06:42 PM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. Well, that's what the whales and institutes want from retail that they become completely disappointed on the bullish market and sell all their holding thinking the bear market is started and the price will go further down. That will be the right time when whales will push the price up and then retail will again enter at the high , probably at the time when bitcoin will be near its peak. The game has really change a lot when whales started to enter the market in the last couple of years. They really started and change the rules sort of. All we retail investors and traders do is to follow those whales although our emotions most of the time takes over sell our stash and then this whales getting it under our nose. Sometimes it's better to stay on the ground and not sell and panic even if the price is going down to not give the whales opportunities to score from us.
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jostorres
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January 16, 2022, 09:58:35 PM |
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The game has really change a lot when whales started to enter the market in the last couple of years. They really started and change the rules sort of.
All we retail investors and traders do is to follow those whales although our emotions most of the time takes over sell our stash and then this whales getting it under our nose. Sometimes it's better to stay on the ground and not sell and panic even if the price is going down to not give the whales opportunities to score from us.
Those big whales have the funds to change it all they want in a single second. That is the problem, the market is not ready for whales to do pump and dump whenever they want to, and when they realized that they just took advantage of that. Is it great when they buy it and the price goes up? Of course, but it is also horrible that whenever they want to they could just sell it and drop it a lot. We always had volatility but the hourly changes whenever they want to is the big problem. We had bad days and we had good days, from 20k to 3.5k at one point from 2017 to 2018, but we never did it in an hour. With this situation I have seen the prices going from 60k+ to under 50k inside of one hour and that is really not something I could imagine being great feeling. We should try to avoid as long as we can but it is not something we can stop.
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Slow death
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January 16, 2022, 11:49:55 PM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. if we look at the past years we can see that the price has the problem of falling at the beginning of the months, this system has been like this for years. so this should come as no surprise to anyone, over the forecast of 75000$ I still think we need to wait and see what the price direction will be in the next few days or weeks. if we were above 50,000$ at least then we could talk about 75,000$
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Shasha80
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 16, 2022, 11:53:07 PM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. Well, that's what the whales and institutes want from retail that they become completely disappointed on the bullish market and sell all their holding thinking the bear market is started and the price will go further down. That will be the right time when whales will push the price up and then retail will again enter at the high , probably at the time when bitcoin will be near its peak. The game has really change a lot when whales started to enter the market in the last couple of years. They really started and change the rules sort of. All we retail investors and traders do is to follow those whales although our emotions most of the time takes over sell our stash and then this whales getting it under our nose. Sometimes it's better to stay on the ground and not sell and panic even if the price is going down to not give the whales opportunities to score from us. Because the movement of Bitcoin moves based on supply and demand, of course, whales who have large capital will benefit greatly. They can manipulate the price of Bitcoin, this is indeed dangerous for small investors who only have small capital. But since there is no way to prevent whales from manipulating prices, what we need to do as small investors is not to be influenced by what the whales are doing. Let them do the dump, we do not panic by selling cheap Bitcoin that we have. We have to be patient holding Bitcoin that we have until the price target we want is achieved. We must learn from the history of Bitcoin price movements, that Bitcoin will not be bearish forever. So how deep the Bitcoin price goes down, eventually the Bitcoin price will go up too. So people who can patiently hold Bitcoin, that's people who can get profit from Bitcoin.
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SquallLeonhart
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January 19, 2022, 08:41:25 PM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine.
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the ghabbar
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January 24, 2022, 09:57:40 AM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change.
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Yaunfitda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2022, 01:52:22 PM |
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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.
Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K. if we look at the past years we can see that the price has the problem of falling at the beginning of the months, this system has been like this for years. so this should come as no surprise to anyone, over the forecast of 75000$ I still think we need to wait and see what the price direction will be in the next few days or weeks. if we were above 50,000$ at least then we could talk about 75,000$ That's what I'm been telling since last year, even before we went into this down ward spiral. I said that if we can't maintain the price above $50k then we might be in for bear market. And that's what happened, the price seems to have a resistance climbing to $50k in December. And on the contrary, it fall hard below $50k. And it continue to do so at the start of the year and even hit $32k if I'm not mistaken.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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cheezcarls
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January 25, 2022, 03:03:39 PM |
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Let's just hope that your analysis about this bullish scenario will come into fruition, but I believe most of us here are having this "too good to be true" mindset. Last year, we're thinking that it's possible for Bitcoin to reach $100k, but it didn't happen. Predictions are predictions, so 99.99% of the time it isn't accurate at all because of no astronomical guaranteed returns. The price of Bitcoin and other cryptocurrencies right now are highly influenced by social media and news updates nowadays and how would traders react to that along with the mind games of these crypto whales. Always expect the unexpected.
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Baofeng
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January 27, 2022, 02:00:44 PM |
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Let's just hope that your analysis about this bullish scenario will come into fruition, but I believe most of us here are having this "too good to be true" mindset. Last year, we're thinking that it's possible for Bitcoin to reach $100k, but it didn't happen. Predictions are predictions, so 99.99% of the time it isn't accurate at all because of no astronomical guaranteed returns. The price of Bitcoin and other cryptocurrencies right now are highly influenced by social media and news updates nowadays and how would traders react to that along with the mind games of these crypto whales. Always expect the unexpected.
Yeah, better had not to expect something big this year, specially on how things are shaping up this early. Last year beginning can't be compared to this year, last year we are still in the bull sentiments as the market is very positive and everyone is enjoying the run and build a good momentum to new all time high. And everyone is looking for that 6 digits that didn't happen at the end of 2021. And now things have change to worst as the market goes down to -50% of the last all time high.
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| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
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the ghabbar
Member
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Futiracoin.com
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January 31, 2022, 06:52:35 PM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing.
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24Kt
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January 31, 2022, 07:15:13 PM |
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Let's just hope that your analysis about this bullish scenario will come into fruition, but I believe most of us here are having this "too good to be true" mindset. Last year, we're thinking that it's possible for Bitcoin to reach $100k, but it didn't happen. Predictions are predictions, so 99.99% of the time it isn't accurate at all because of no astronomical guaranteed returns. The price of Bitcoin and other cryptocurrencies right now are highly influenced by social media and news updates nowadays and how would traders react to that along with the mind games of these crypto whales. Always expect the unexpected.
Yeah, better had not to expect something big this year, specially on how things are shaping up this early. Last year beginning can't be compared to this year, last year we are still in the bull sentiments as the market is very positive and everyone is enjoying the run and build a good momentum to new all time high. And everyone is looking for that 6 digits that didn't happen at the end of 2021. And now things have change to worst as the market goes down to -50% of the last all time high. But what I am positive about this year is that more people are into crypto now. The market may be lower at the start of this year, but I have the feeling that later on, things will pick up. Of course, the strategy will depend on your financial capability. No one is obliging to spend their hard-earned money to something they don't fully believe in. But for those who are waiting this moment, they are happy to grab whatever they can.
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the ghabbar
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February 01, 2022, 07:31:24 AM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing. yes, that's true, but not always last year's experience can be used as a reference for the following year, because the market can fluctuate until corrections and dumps actually occur, strategy and knowledge are concepts that must be made in carrying out investments, without it there is no the value of the investment that we run, let alone expecting big profits, because usually hype can turn red market conditions into green or vice versa. The current conditions are quite difficult to predict, fluctuating conditions and corrections are two things that are very difficult to control, the investment value is very much determined by the strategy made, if the preparation is mature and good, then the investment will produce maximum value, this is very necessary in current conditions, it is right to make a study and make a good assessment of the coins you want to invest.
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noormcs5
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 01, 2022, 09:03:33 AM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing. If you look at the past year price action for bitcoin, it is very much clear that bitcoin has a vey strong support at 30K and two times in the last year price has bounced from 30K to 64K and 69K respectiviliy. If bitcoin repeats the same pattern, then we may see another all time high in the summer of 2022 but we should know that price action do not always follow the patterns. When the market will be near or at 30K, there will be extreme fear in the market and only the experienced traders will be able to buy at these tested support levels.
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