Bitcoin price is still in a downward trend, will it last long or temporarily?

[arufox]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

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[aoluain]

There are many chart analysis which can give us a guide or estimate as to where
we are and possibly what to expect.

I think or so I've been told, we are on a "Decending Wedge" which is a bullish pattern,
eventhough the market price looks to be  falling or at best going sideways.

Look this current situation has even skuttled PlanB's prediction of $135k by
year end.

Bottom line is, nobody knows for sure

[Crypdon]

There is still 2 weeks to go for 2021 and you'll be surprised at what can happen in 2 weeks in crypto. Plan B's prediction is unlikely to come true but let's not rule out a god candle that can create all sorts of FOMO that pumps the markets

[harizen]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

No one really knows what will happen accurately in the future. Rather than stress ourselves thinking how long this downtrend will continue, just do your best to take advantage of the trend. What matters here is, the downtrend will soon be over but the only question is when.

We can refer to some analysis made by so-called "experts" and from there, decide if those make sense to be considered as a reference on our future actions.

[dothebeats]

As of now, the market seems to be enjoying a sideways movement. There isn't much to see on bitcoin's current price movement anyways as the volume remains low across all exchanges. Right now, our best guess is that they will wait out this holiday season before moves are made again, or it's an outright stagnant market until the first quarter of 2022.

[JoyMarsha]

To me, it happens like a dream. That bitcoin price falls unexpectedly without notice. My expectations was high that bitcoin will soon reach her predicted ATH of $100k after it passes $65k last month. Crypto market can shock your emotions within an hour.
No matter how bearish the market seems bitcoin price won't ever fall below $40k, before it boomerang back. This downtrend price is just for a while, it won't last for so long.
Am expecting a positive passive income of bitcoin by next year

[chaser15]

We should also look at how the uptrend lasted long before the downtrend. We are always eyeing for just a continued uptrend and that's not healthy. Everything should be balanced and that's what the downtrend role. Why should we be concerned right away about the current downtrend where it's just barely a few weeks ago since it was started.

Just relax a bit for now and don't think about something we can't predict easily.

[adzino]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

Of course it is temporary. Downtrends aren't something new. The bearish market will eventually end and the price will start rising again. Look at the charts. Zoom out and see the price. You will notice how the price goes down for few months and then goes back up again. In the long run, the price will go up. Right now, no one can tell us if we will reach a new ATH in 2022 or not. It may happen or may not. Don't worry about the ATH. Since the price is low, keep investing as much as you can and keep holding them long term. You will be making some good profit.

[mk4]

I mean, it looks like you've been here since 2017; you should know by now that no one can predict these things, especially when it comes to short-mid term price movements. Remember in the 2017 peak where some people were calling for 100k and stuff? Yea, no one knows crap.

[LogitechMouse]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

A "long" time can be considered as temporary to right because it will still end at a certain time.

Well, it looks like we are in a consolidation phase after we are seeing Bitcoin went up to its new ATH at $69,000. Everything in the market whether it is crypto market or stock market is only temporary. There is no such thing as forever downtrend and forever uptrend in the markets. Investing into markets is just a matter of how patient you are waiting when it is to go up or to go down. Just invest when you feel that you need to and wait.

[ipanks]

I think the downward trend for bitcoin can continue because bitcoin is not getting the right time to back increase. Hopefully, bitcoin can reach a new ATH in 2022 but unfortunately, there is no right time when the price will increase. We can predict when the price can increase, but we do not know the right time. We can only enjoy bitcoin's up and down movement, but we can try to use every moment from that up and down for our benefit.

[$crypto$]

We don't know anything about the trend continuing because basically it will be temporary but for now I think it's just a correction in the same pattern and bitcoin resistance is $50k with support $46k so a bullish trend still not visible and we are not sure what will happen we know for the next move.
But basically a big bearish will not happen, let alone bitcoin until it declines to $30k, the trend is still there but until now it is still not strong enough to fight.

[Ararbermas]

It's always a temporary situation because of some factors wherein like what always happened . Indeed this isn't the first time bitcoin experiencing a downtrend because that's how it works to be honest after the all time high "Buy low sell high". so its surprising anymore why this situation always happened after all. And patience is what we need, don't overthink guys. 

[rodskee]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

Actually this starts at late November and not Early December , and seeing how the market moves now specially in Bitcoin (making the market leadership)  this seems to be the trend till the Year ended this 2021.
if there will be another different trend? lets see in the middle or at least 3rd quarter of 2022.

It's always a temporary situation because of some factors wherein like what always happened . Indeed this isn't the first time bitcoin experiencing a downtrend because that's how it works to be honest after the all time high "Buy low sell high". so its surprising anymore why this situation always happened after all. And patience is what we need, don't overthink guys. 

Of course everything in Crypto market is temporary because there are no permanent trend.
it will Go up now and will dump tomorrow and vise Versa .

[Poker Player]

There are many chart analysis which can give us a guide or estimate as to where
we are and possibly what to expect.

Let me correct you: there are many useless chart analysis...

I like to come to the speculation section because deep down we would like to be able to predict the future of the price but deep down we know it is impossible. If the prediction and the price coincide, in most cases it is simply because of statistics, with so many predictions that are made, one has to be right, but not because there is a relationship between the charts and the analysis and the final price.

Until now we thought we had a guide to base ourselves on, that this cycle was going to be like the previous ones, also the S2F, but at this point we should be much higher than we are, so we no longer know very well what to base ourselves on, but obviously we will continue to speculate.

[crypto_matador]

Bought bitcoin at 46800 when news of a large number of liquidations came in. Nevertheless, I would not be surprised if we go back to 30,000, and maybe even go even lower to 14,000.

[hugeblack]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

If you mean ATH price that happened in December 2017, it did not happen in 2013 as it could happen in January 2022 or March.

In short, if you take the pattern of 2017 as the reference cycle for the current cycle, then the scenario is over, and therefore we are supposed to break the $100k barrier by today, but nothing prevents it from delaying a month or two.

The real question is why this legendary conclusion to the cycle did not happen, but when and to what extent could it be?

[Wind_FURY]

OP, Bitcoin will take as long as it should. Your wait will be long, or it will be short, but when in doubt, zoom out. May it encourage you to continue buying the DIP. I believe it’s also the right time to save some fiat, if in case it’s the end of the bull cycle.

[arufox]

There is still 2 weeks to go for 2021 and you'll be surprised at what can happen in 2 weeks in crypto. Plan B's prediction is unlikely to come true but let's not rule out a god candle that can create all sorts of FOMO that pumps the markets

The current situation can automatically cause me to wonder, whether the current bearish cycle will continue until the end of the year or end soon where we will see a big pump started at the beginning of the year. but before there is a breakout of the resistance, the current bearish looks likely to continue until the end of the year.

[Oasisman]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

It will probably roam around the $40k region until the end of 2021. I don't think Bitcoin could fall below $30k at least in the whole month of December because people are still buying at the $47k dip speculating that Bitcoin may pump anytime this month. So, that would be enough reason that Bitcoin will either enter the $60k level or will stay and roam around at $40k.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

[Kemarit]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

It will probably roam around the $40k region until the end of 2021. I don't think Bitcoin could fall below $30k at least in the whole month of December because people are still buying at the $47k dip speculating that Bitcoin may pump anytime this month. So, that would be enough reason that Bitcoin will either enter the $60k level or will stay and roam around at $40k.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

Well it's not normal if the price continue to go down as we enter 2022 as we might be in the bear market that time. So saying that the price won't go to $30,000 might be an overstatement because everything is possible in crypto just like in 2017 wherein we never thought that the price won't go down to 4 digits after reaching almost $20,000 in December. So it's better to prepare for the worst scenario, in my opinion.

[arufox]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

I agree with you that maybe early next year it will be a different story. Many experts say that bitcoin may still be bullish early next year. Although it is possible that the current price decline will last until January. Therefore, it is better for us to prepare a mature strategy to take advantage of market conditions next year, because the price of Bitcoin could be bullish again or further corrected from the current price depending on how conditions will be faced by bitcoin next year.

[xmonkeyx]

no one can predict how long the current downward trend will last. I think it's very reasonable that the crypto market price is moving quickly, this is the time for all of us to be able to buy some coins that we believe will provide benefits in the future. I myself really enjoy the market process in positive and negative trends because there will be many opportunities that can be taken to make a profit.

[tokeweed]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

It will probably roam around the $40k region until the end of 2021. I don't think Bitcoin could fall below $30k at least in the whole month of December because people are still buying at the $47k dip speculating that Bitcoin may pump anytime this month. So, that would be enough reason that Bitcoin will either enter the $60k level or will stay and roam around at $40k.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

Yup from the looks of it, it could start going back down around where the recent support is before the nice wick up.  And I would avoid saying that it wouldn’t fall below 30k.  If it becomes a full blown bear market with everybody panic selling, I think all support could be broken.  I said it before that 30k is strong but c’mon now...  If it has to break down, it will break down.

[michellee]

I am not too worried if bitcoin is still in a downtrend because I can still wait for more and will buy more satoshi's. I am sure it is just temporary and will end soon, but you should not panic if the price is still going down because many people now tend to panic and prepare to sell their bitcoin instead of holding tight of their bitcoin. Once we sell our bitcoin and are afraid to buy back bitcoin, we can lose the chance to make a profit in the next rise of bitcoin, so I suggest you hold your bitcoin tight and never sell at this moment.

[Wysi]

I think it's temporary I meant his particular price range of $40k to $50k would not carry on forever and then it would either cross $50k and go on bullrun else drop down below $40k for a possible bearish market. But it will not go crash as there are some big players who have bought Bitcoin when it price was over $30k. It's just that panic selling will hurt the market and it will recover I don't think we will see repeat of 2018.

[geegaw]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

I agree with you that maybe early next year it will be a different story. Many experts say that bitcoin may still be bullish early next year. Although it is possible that the current price decline will last until January. Therefore, it is better for us to prepare a mature strategy to take advantage of market conditions next year, because the price of Bitcoin could be bullish again or further corrected from the current price depending on how conditions will be faced by bitcoin next year.

For crypto experts and members like us, the customary new year is to erase what happened and start a new path, combining a few more sources of information as well as the echoes of this year, the picture is certainly envisioned in a very optimistic direction. However, for economists with respect to various markets, the current issue is the Covid variations as well as the pandemic and economic repercussions, failure to mitigate and recover from these problems will keep the market and the price of bitcoin in a prolonged gloom but no matter what the situation is, staying loyal to the chosen choice and strategy will have more opportunities

[stomachgrowls]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

It will probably roam around the $40k region until the end of 2021. I don't think Bitcoin could fall below $30k at least in the whole month of December because people are still buying at the $47k dip speculating that Bitcoin may pump anytime this month. So, that would be enough reason that Bitcoin will either enter the $60k level or will stay and roam around at $40k.

January will bea different story though, and there will be a huge chance Bitcoin will have a sharp drop If it will not going to have a significant recovery.
Nevertheless, this is just a normal price movement and nothing to worry about.

Try to look on charts when you do look after with those supports then you could really tell that there are strong buying points which couldnt really be possible that we would be heading down on 30k so easily even though this isnt an assurance because we know that supports and resistances could easily be broken down if the community would decide it.

Im not really anticipating that much for some bull runs or good increasine price run on this year end.Lots of speculations floating around on what would happen on 2022 which is always been an unknown thing.

All that we could do is to wait up because demand and adoption is something we do need to make out some significant moves.

[tygeade]

Im not really anticipating that much for some bull runs or good increasine price run on this year end.Lots of speculations floating around on what would happen on 2022 which is always been an unknown thing.

All that we could do is to wait up because demand and adoption is something we do need to make out some significant moves.

We may expect or not but bitcoin is known for performing on its own because we cannot speculate when institutions will be accumulating billions worth of bitcoins behind the screens. I mean we must need big investors from here to have significant movements and retail investors cannot do anything about triggering out another round of bull trend.

Personally I am expecting Elon and similar people including microstrategy kind of institutions may invest up to $10 billion dollars in coming weeks which may take us into new ATH and then slowly toward $100k levels but not sure where we are going to end this year which might be above $60k levels in rough estimates based on trend meter of bitcoin as of now.

[palle11]

I think it's temporary I meant his particular price range of $40k to $50k would not carry on forever and then it would either cross $50k and go on bullrun else drop down below $40k for a possible bearish market. But it will not go crash as there are some big players who have bought Bitcoin when it price was over $30k. It's just that panic selling will hurt the market and it will recover I don't think we will see repeat of 2018.

The price drop a little more today. This is really causing more panic to shaky hands but I believe we are going to see better price by the next week. Next week can be volatile because stronger hands may start buying the dip again today , it is showing already this evening recovery slowly catching up.

[freedomgo]

Im not really anticipating that much for some bull runs or good increasine price run on this year end.Lots of speculations floating around on what would happen on 2022 which is always been an unknown thing.

All that we could do is to wait up because demand and adoption is something we do need to make out some significant moves.

We may expect or not but bitcoin is known for performing on its own because we cannot speculate when institutions will be accumulating billions worth of bitcoins behind the screens. I mean we must need big investors from here to have significant movements and retail investors cannot do anything about triggering out another round of bull trend.

Personally I am expecting Elon and similar people including microstrategy kind of institutions may invest up to $10 billion dollars in coming weeks which may take us into new ATH and then slowly toward $100k levels but not sure where we are going to end this year which might be above $60k levels in rough estimates based on trend meter of bitcoin as of now.

We are near closely at the end of the year but bitcoin price even falls down to a lower value which is definitely not our expectation. But i come to understand all of these as we are currently experiencing a price correction which is supposed to increase the support level for bitcoin and main altcoins to reach new ATH. Although it's hard to tell if this will be temporary or not, but one thing i am certain, opportunities like this do not come more often so maybe we can grab chances by now by buying cheap but potential coins and earn good profits in the future.

[aoluain]

There are many chart analysis which can give us a guide or estimate as to where
we are and possibly what to expect.

Let me correct you: there are many useless chart analysis...

I like to come to the speculation section because deep down we would like to be able to predict the future of the price but deep down we know it is impossible. If the prediction and the price coincide, in most cases it is simply because of statistics, with so many predictions that are made, one has to be right, but not because there is a relationship between the charts and the analysis and the final price.

Until now we thought we had a guide to base ourselves on, that this cycle was going to be like the previous ones, also the S2F, but at this point we should be much higher than we are, so we no longer know very well what to base ourselves on, but obviously we will continue to speculate.

I stand corrected @Poker Player

I agree with your synopsis of the various chart analysis, to use an analogy, "if you
throw enough $hit some of it is bound to stick"


Again today bitcoins market price is a continuation of the last week or so....sideways!

On some positive notes we have to consider regardless of market value Bitcoin is
currently being used as an alternative currency ^{El Salvador}, it is a real viable
option for wealth transfer regardless of location and is being used as a hedge against
inflation, the result of all these actions will at some point manifest themselves on the market.

Unfortunately I recon that the new people who need to HODL Bitcoin are selling ATM,
and the people who have the means ^Whales are buying.

[Finestream]

I think it's temporary I meant his particular price range of $40k to $50k would not carry on forever and then it would either cross $50k and go on bullrun else drop down below $40k for a possible bearish market. But it will not go crash as there are some big players who have bought Bitcoin when it price was over $30k. It's just that panic selling will hurt the market and it will recover I don't think we will see repeat of 2018.

The price drop a little more today. This is really causing more panic to shaky hands but I believe we are going to see better price by the next week. Next week can be volatile because stronger hands may start buying the dip again today , it is showing already this evening recovery slowly catching up.

I think the downward trend we have at the moment may cause more losses when it comes to weak hands as they panic easily seeing their investments continue to fall. But for strong hands, instead of thinking when will this correction will end knowing it will only be temporary, they are buying at the moment because its the best time to buy certainly. With all the uncertainties we have at the moment, its always good to stick with our positive mindset and be profitable in the future.

[BITCOIN4X]

The current situation can automatically cause me to wonder, whether the current bearish cycle will continue until the end of the year or end soon where we will see a big pump started at the beginning of the year. but before there is a breakout of the resistance, the current bearish looks likely to continue until the end of the year.

You can see the same pattern on the previous ATH in April and compare it to the November ATH. The pattern is almost the same in the short term where after ATH occurs you can find that the price started to correct for several weeks. In the short term I think the price could still correct deeper and this assumption is strengthened by the possibility of some big traders leaving at the end of the year for a vacation. Investors may be willing to stay, but will be different from traders in general. So it might be true to see ATH delayed for 1 to 3 months from now.

I don't want to speculate further about when and how the next ATH scenario will happen, but it doesn't hurt to remain optimistic to expect a new ATH to occur at the end of the year or in Q1 2022.

[SquallLeonhart]

I am not too worried if bitcoin is still in a downtrend because I can still wait for more and will buy more satoshi's. I am sure it is just temporary and will end soon, but you should not panic if the price is still going down because many people now tend to panic and prepare to sell their bitcoin instead of holding tight of their bitcoin. Once we sell our bitcoin and are afraid to buy back bitcoin, we can lose the chance to make a profit in the next rise of bitcoin, so I suggest you hold your bitcoin tight and never sell at this moment.

That is exactly what most people are doing, as long as you could make a profit from the downtrend then you are not going ot be worried about the downtrend neither. I am sure that it will definitely be something that is risky for most people but at the end of the day if you can buy some more then you are going to end up with a lot of profit and that's what matters.

I hope that people will eventually realize that downs are part of the market and if you really want to profit then you should buy as much as you can during those times. For some reason people end up selling in a panic mode and then get upset that they lost money, no idea why they do that. I mean if it drops, it is still a solid investment, bitcoin didn't suddenly turn into shitcoin overnight just because it dropped, "what if it drops more!!!" is not valid argument, you just buy more if it drops more.

[Johnyz]

Downtrend is always temporary, time will come that it will reverse into a new uptrend slowly but surely. The best thing to do during downtrend is always to buy, we already saw this kind of scenario especially with Bitcoin so better not to lose this chance to increase your holdings, buy low and sell high this has been the scenario since then. Recover of the price is inevitable, have more patience.

[BITCOIN4X]

As long as we are for long term hodling, i guess corrections will not bother us much as we never intend to sell at a lower value. So even if ATH comes a late off, we should still look forward for it.

Holders so far are still a minority in my opinion, while the majority will sell their bitcoin when prices are high. So I think the holders are those who are willing to ignore price volatility regardless of how big the correction will be. Long-term investors are usually less bothered by correction, but panicked traders can make some investors think twice about buying more or selling some.

However, i don't see chances that this correction will last for long as usually it does occur only temporarily. And its a good thing to remain optimistic no matter the situation is because in the long run, bitcoin and strong altcoins will always find their own ways to recover and reach their new ATH finally. Although it may be uncertain this time but i know it will eventually realized in time.

The fact is that the recent recovery has been slow which seem unusual during 2021. I agree about the potential, but the number of transaction seems to be starting to increase which is currently marked by an increase in transaction fees during the recent correction. So we can be a little worried about the continued correction during this month, but nothing is impossible about ATH. Optimistic to hold and strengthen your hands.

[btc78]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

you must be happy because of the continuing support from the community and the price is strongly holding this near 50k price.
what we must be worried if the price subside to 20k level or even low because that point we have nothing to go but Keep the holding.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

I guess so, maybe this will be the trend this whole December as started showing weak and will continue weakening until next step comes in 2022.
or maybe in 2023?

[michellee]

That is exactly what most people are doing, as long as you could make a profit from the downtrend then you are not going ot be worried about the downtrend neither. I am sure that it will definitely be something that is risky for most people but at the end of the day if you can buy some more then you are going to end up with a lot of profit and that's what matters.

I hope that people will eventually realize that downs are part of the market and if you really want to profit then you should buy as much as you can during those times. For some reason people end up selling in a panic mode and then get upset that they lost money, no idea why they do that. I mean if it drops, it is still a solid investment, bitcoin didn't suddenly turn into shitcoin overnight just because it dropped, "what if it drops more!!!" is not valid argument, you just buy more if it drops more.

People need to learn to control their emotions when the market is at a downtrend so they do not have to panic instead, figure out how to use the moment by buying for more amounts. That will be a discount price for them, especially if the price is dropping so they can buy at a low price. If they can do that, they will see the profit will come to them in the next uptrend and that means they will have a chance to make a profit many times by buying low and selling high.

If people realize that the crypto market will always go up and down, they will not panic. As long as they do not sell at panic, even if their value investment is down, they will have a chance to see the value investment will go up when the market bounces up. When it comes to bitcoin investment, the value will be increase someday and if the downtrend comes, they should buy for more.

[ranaprime]

Bitcoin has been going down for a long time. As a result, many investors are suffering from depression. If this situation continues then the situation of investors will not be normal. Since one of the religions of trading business is to be up and down. Even though BTC is currently on a down trend, we may soon get a positive signal. We should wait a little longer. I think from next year we will see the green light of Bitcoin.

[nhaila]

The Bitcoin market has been in a downward spiral for the past few weeks, which is now a concern for many investors. Feet No one can say which way the market is? However, many have blamed it on new forms of coronavirus. Many are trying to see if it will last long.

[crypto_matador]

To me, it happens like a dream. That bitcoin price falls unexpectedly without notice. My expectations was high that bitcoin will soon reach her predicted ATH of $100k after it passes $65k last month. Crypto market can shock your emotions within an hour.
No matter how bearish the market seems bitcoin price won't ever fall below $40k, before it boomerang back. This downtrend price is just for a while, it won't last for so long.
Am expecting a positive passive income of bitcoin by next year

everyone thought that there would be growth til the new year, but ..

[davis196]

The current price is pretty stable at 46-48K USD for now.This isn't a downward trend.
It seems that the market won't make big moves(both up or down) until the end of 2021.
Everything in the BTC market is temporary.Do you expert the current price to stay for 6 to 12 months?
The current price is where Bitcoin should be.The 68K USD price which occurred several weeks ago was pretty unrealistic and artificially pumped.We shouldn't get too focused on the Bitcoin price during the holidays.
I expect the Bitcoin price to drop even further down to 40K USD,but there should be a steady pump in the second quarter of 2022,if nothing bad happens and there's no major FUD.

[jamkesmas]

no one can know for sure how long this bearish market trend will last for sure the market will recover sooner or later, I really believe that because if you look at what has happened in the past, even though the trend is in a very sharp decline, the market will recover and reach its peak price.
if for now I think the Bitcoin price correction is not that deep even if it still holds at 45-50k I think we won't have long to wait for a bull market and see new ATH.

[poldanmig]

no one can know for sure how long this bearish market trend will last for sure the market will recover sooner or later, I really believe that because if you look at what has happened in the past, even though the trend is in a very sharp decline, the market will recover and reach its peak price.
if for now I think the Bitcoin price correction is not that deep even if it still holds at 45-50k I think we won't have long to wait for a bull market and see new ATH.

The current condition of this market is quite bad, but that doesn't mean it's the end of bitcoin, bearish and bullrun markets are normal things to happen in the cryptocurrency world, and of course with market conditions like today it is an opportunity for us to buy bitcoin at a cheap price, I agree with what you said, because as it happened before, after bitcoin dropped usually the price would recover and possibly reach a new ATH on each bitcoin rebound.

[STT]

I just noticed that we may be moving past the trend, just roughly drawn doesnt mean the market agrees with how I've viewed it but its a possibility we have more days outside this negative trend then previously seen before now.


So we've had almost 6 days in a row it went outside of the general trend not positive exactly but a net effort that was better to the previous series of negative days, this faint trace of a lesser negative can be what precedes more obvious positive action I've observed this before but its also a case of careful watching and patience not to jump the gun in conclusions.  I'm looking for that possible rise and recovery from here over maybe weaker volume holiday season, how concrete that relief from selling might be is another matter to consider.

[Botnake]

no one can know for sure how long this bearish market trend will last for sure the market will recover sooner or later, I really believe that because if you look at what has happened in the past, even though the trend is in a very sharp decline, the market will recover and reach its peak price.
if for now I think the Bitcoin price correction is not that deep even if it still holds at 45-50k I think we won't have long to wait for a bull market and see new ATH.

The current condition of this market is quite bad, but that doesn't mean it's the end of bitcoin, bearish and bullrun markets are normal things to happen in the cryptocurrency world, and of course with market conditions like today it is an opportunity for us to buy bitcoin at a cheap price, I agree with what you said, because as it happened before, after bitcoin dropped usually the price would recover and possibly reach a new ATH on each bitcoin rebound.

Right. I think whatever the price, either its bearish or bullish, it will always be temporary. And with the present downward trend, i know bitcoin and all the strong altcoins will definitely recover from it. So instead of thinking when the market will be stable, it will be better if we'll take advantage on the current dips. Just grab the chance of buying potential coins. Eventually, the market will recover soon and we'll be making huge profits by then once bitcoin ends up reaching new ATH.

[pinggoki]

no one can know for sure how long this bearish market trend will last for sure the market will recover sooner or later, I really believe that because if you look at what has happened in the past, even though the trend is in a very sharp decline, the market will recover and reach its peak price.
if for now I think the Bitcoin price correction is not that deep even if it still holds at 45-50k I think we won't have long to wait for a bull market and see new ATH.

That's more reason to wait things out for anyone who wants to sell now because, this bear market has a limit and then the bull market will enter and you don't want to miss out on those times because that's when a lot of people's changed just because they persevere and was patient to hodl and weather the storm.

[Fundamentals Of]

Whether the downward trend will last long or not, it is always temporary. I have a positive feeling that December will end with Bitcoin reaching $50,000 or above. For the meantime, the price will continue to rise and fall, touching below $45,000 and then recovers a little bouncing back to $47,000 to $48,000. And then falls down again. But I think December will close with Bitcoin getting back to $50,000.

2022 is expected to be a bullish year because the goal in 2021 is not hit. It will spillover to 2022.

[Chato1977]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

there are no way that we can answer this correctly , instead the market is showing another downfall again and again mate, Bitcoin price is still showing strong Hold at above 45k but we wanted to see more of this as there are only few weeks remaining in December .
waiting for another ATH before this time .

[btc78]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

Lowering to 45k last night and now returning to 47k , is this a sign that we are really into Bull trapping like what some says?

because look at the market , almost stabling at this range of value and no sign of increasing further not like what the behavior in the past months.
But also what i noticed now is that the Altcoins are growing high, isn't this the Altcoin Season that many are waiting?(including me because i am holding altcoins together with my Bitcoin)

But whatever it takes, I care nothing because Now I am willing to keep Holding instead.

[bounceback]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

The significant decline that is currently happening to bitcoin also causes market movements to become chaotic because almost all coins that are in the market also follow the decline of bitcoin, no one knows for sure what will happen with this decline whether the market will continue to fall or will grow more large, although currently many technical analysts say that the current decline is only a temporary correction.

[onecall123]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

The significant decline that is currently happening to bitcoin also causes market movements to become chaotic because almost all coins that are in the market also follow the decline of bitcoin, no one knows for sure what will happen with this decline whether the market will continue to fall or will grow more large, although currently many technical analysts say that the current decline is only a temporary correction.

We have just now experienced a bullish breakout after the significant decline. Bitcoin still has some levels to climb. It seems very likely that BTC will retest 50K. However, I am not sure if it will succeed. As BTC is one of the sure things in crypto, there is no reason for me to be disappointed by the correction. In the meantime, I have not sold anything in the hope that next year will be even better.

"I don't know if it goes up or down, I think maybe it goes both up and down."

[rahmatrf331]

Seeing from previous years, the habit of the year-end bitcoin market price is often bearish and there is nothing wrong with this year the market is bearish. market conditions will continue to persist until the first week of 2022, then the market will return to the green zone it seems. so get ready bitcoin fly away after passing the first week of 2022.

[Gozie51]

Seeing from previous years, the habit of the year-end bitcoin market price is often bearish and there is nothing wrong with this year the market is bearish. market conditions will continue to persist until the first week of 2022, then the market will return to the green zone it seems. so get ready bitcoin fly away after passing the first week of 2022.

Maybe that is a relationship with the December season of spending that cause uncontrollable spending and hodlers will fall back to their bitcoin to cash out. This is not a very good way but the past has recorded  this that way but I am not relying on that fully because things may happen differently for a turn around because institutions will not cash out like individuals doing unnecessary spending this season.

[el kaka22]

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

The significant decline that is currently happening to bitcoin also causes market movements to become chaotic because almost all coins that are in the market also follow the decline of bitcoin, no one knows for sure what will happen with this decline whether the market will continue to fall or will grow more large, although currently many technical analysts say that the current decline is only a temporary correction.

The price of other coins increase with bitcoin as well whenever bitcoin goes up. Which means that if we are talking about the price going up all together then we need to consider it is normal for them to drop together as well. There is really nothing that we could change in this situation, the market acts together no matter what the direction is. Those analysts say that it is a temporary one but it is always a temporary one anyway, it doesn't require you to be a financial advisor to see that.

Bitcoin went higher in the long term for the past 10 years, which means that no matter how low it gets, it will always recover or at least it has done that so far. Which is why I feel like there is a good chance same thing could be said about this drop as well, so even a regular person could see the price drop and say that it is temporary because price always recovers.

[Silberman]

Seeing from previous years, the habit of the year-end bitcoin market price is often bearish and there is nothing wrong with this year the market is bearish. market conditions will continue to persist until the first week of 2022, then the market will return to the green zone it seems. so get ready bitcoin fly away after passing the first week of 2022.

While that could happen it is better to keep an open mind when it comes to what the bitcoin market can do, after all this market is famous for its volatility, and this means the market can change directions at a very fast speed, so even if the market of cryptocurrencies currently does not seem to be going anywhere this does not mean this is something that is going to last that long as the buying pressure from investors will eventually accumulate to the point the price will begin to go up again.

[batang_bitcoin]

Seeing from previous years, the habit of the year-end bitcoin market price is often bearish and there is nothing wrong with this year the market is bearish. market conditions will continue to persist until the first week of 2022, then the market will return to the green zone it seems.

We do get to see the same trend over and over again. But with next year, we don't know if the trend continues to be downward or there will be a bullish trend that will be formed.

so get ready bitcoin fly away after passing the first week of 2022.

Well, that makes sense as we don't know what's going to happen after the first week or so by 2022.

[uneng]

Of course the current bitcoin situation is temporary and it's going to change soon at any time to an upside trend. And although many people complain about bitcoin right now and consider it bearish, I see bitcoin is stronger than ever, otherwise we would have already seen it falling below 41,000$, while in fact what we is bitcoin very strong between 41,000$ and 49,000$.
Bitcoin is fighting to rise again and by watching the daily fluctuations it's very clear. Investors just need to a little more patient and focused on the long run goal that is more important than any news or predictions you may find on the internet right now.

[TheEconomists]

If you have money for crypto currency investment and you are certain whether it will no longer go downward I will advise that you buy now but the truth is that Bitcoin price will continue to wetness more down even till early next year (2022) before we will see any serious upward trend hopefully.

[Kasabus]

If you have money for crypto currency investment and you are certain whether it will no longer go downward I will advise that you buy now but the truth is that Bitcoin price will continue to wetness more down even till early next year (2022) before we will see any serious upward trend hopefully.

I think what we have at the moment are just all speculations since no one is capable to make a right prediction when it comes to a very unpredictable market. But i do believe that this current correction will always come to an end, and by that time a new hope for all of us will start to set in. Despite all the uncertainties we have in this crypto space, one thing will always be certain, bitcoin will always recover from all types of dumps and its price will always bound to move in an upward trend.

[kotajikikox]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

I am not losing Hope about this mate because looking at the market now ? it is backing from Red to Green https://coinmarketcap.com/ so yes  this is temporary downtrend and the uptrend is beginning since yesterday.
We are aiming for at least 70k this year as the record of new ATH but of course come or not it is fine because this year of 2021 is the bullish year Bitcoin and the market ever had.

If you have money for crypto currency investment and you are certain whether it will no longer go downward I will advise that you buy now but the truth is that Bitcoin price will continue to wetness more down even till early next year (2022) before we will see any serious upward trend hopefully.

How come that you know that? more downtrend in the beginning of 2022?

Because your economist? 

[sarmrakib]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

We have seen the recent past that btc was continuously climbing to the new ATH again and again .After that on this December we have seen a huge drop which pull back it to the 45k$ and much below than it has started too recover .It was mostly stable around 46k$ but yesterday when i opened the market, i have seen it has started to recover and the price is around 49k$ now which makes me more confidence if ths trend keep continue we can easily hit a new ATH at February or so early as well .Remember its a usual behave of the market that it wil go through ups and down we need to watchful on the momentum and the trend as well if it is strong or week .However the new year may give us a new opportunity which we got in this year hope we will find a new strong uptrend which helps btc to go to hit the level of 100k$ what we are really expecting .Let's see how market behave with us .

[pieppiep]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

We are now almost to the end of December but the price is still not back to $50,000 and stays at the $48,000 level price. I don't know how long it will be like this because bitcoin is not showing the progress to go up. But in this situation, we should be happy because the bitcoin price is not getting down. So maybe we can conclude that the bitcoin price movement is still at the current level and is only waiting for the next good momentum to increase. It could be the next year or it still needs longer to start increasing.

[Vaculin]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

We are now almost to the end of December but the price is still not back to $50,000 and stays at the $48,000 level price. I don't know how long it will be like this because bitcoin is not showing the progress to go up. But in this situation, we should be happy because the bitcoin price is not getting down. So maybe we can conclude that the bitcoin price movement is still at the current level and is only waiting for the next good momentum to increase. It could be the next year or it still needs longer to start increasing.

Bitcoin current price looks more bearish on our eyes but its definitely a  bullish price knowing it does not fall below $40k and those who bought bitcoin when it was $30k or $40k are still considered in a huge profits by now.

However, even if the market always seems to be unpredictable, we know it will always be certain that bitcoin price won't stay for a very long time staying in a lower value when it has high potentials to increase its value. I think we should be more patient while waiting for bitcoin price to recover as it will never settle in a downward trend.

[Oceat]

If you have money for crypto currency investment and you are certain whether it will no longer go downward I will advise that you buy now but the truth is that Bitcoin price will continue to wetness more down even till early next year (2022) before we will see any serious upward trend hopefully.

I think what we have at the moment are just all speculations since no one is capable to make a right prediction when it comes to a very unpredictable market. But i do believe that this current correction will always come to an end, and by that time a new hope for all of us will start to set in. Despite all the uncertainties we have in this crypto space, one thing will always be certain, bitcoin will always recover from all types of dumps and its price will always bound to move in an upward trend.

So far, the price isn't having a correction yet as it's moving up and down between $47k to $49k and it's just a good position but what happens next will determine the market output. But based on the chart, Bitcoin price will break the resistance and make a new ATH again next year as this year is not what most are expecting to happen.

We are all just speculators here but at least some of us have a clear view what would be the future possible price of Bitcoin if it moves to the same direction. Fomo is just around the corner and it will probably gonna show up next year that will make the small fish to buy and I'm sure there's a certain period they'll dump after the hype.

[tygeade]

We are now almost to the end of December but the price is still not back to $50,000 and stays at the $48,000 level price. I don't know how long it will be like this because bitcoin is not showing the progress to go up. But in this situation, we should be happy because the bitcoin price is not getting down. So maybe we can conclude that the bitcoin price movement is still at the current level and is only waiting for the next good momentum to increase. It could be the next year or it still needs longer to start increasing.

It doesn't have to be over 50k to show everyone how it is recovering, it already recovered so much and that is good enough for me. Doesn't mean that I do not want to see it go up even higher, just means that in order to call it "doing good", I do not expect it to be doing 5x suddenly, just a bit of recovery close to 50k is more than enough for me to call it doing good.

Obviously there is room for improvement, maybe we will see it go to 100k in 2022 and that would be a lot better, but that is in the future and I do not want to judge bitcoin on short term movements and definitely not when it is doing so well. All in all we are doing fine and I am happy about it.

[stomachgrowls]

We are now almost to the end of December but the price is still not back to $50,000 and stays at the $48,000 level price. I don't know how long it will be like this because bitcoin is not showing the progress to go up. But in this situation, we should be happy because the bitcoin price is not getting down. So maybe we can conclude that the bitcoin price movement is still at the current level and is only waiting for the next good momentum to increase. It could be the next year or it still needs longer to start increasing.

It doesn't have to be over 50k to show everyone how it is recovering, it already recovered so much and that is good enough for me. Doesn't mean that I do not want to see it go up even higher, just means that in order to call it "doing good", I do not expect it to be doing 5x suddenly, just a bit of recovery close to 50k is more than enough for me to call it doing good.

Obviously there is room for improvement, maybe we will see it go to 100k in 2022 and that would be a lot better, but that is in the future and I do not want to judge bitcoin on short term movements and definitely not when it is doing so well. All in all we are doing fine and I am happy about it.

There would be always that kind of impression on which whenever the price had made out some small recovery in price then they would really be treating it as a start of bullish run which it shouldnt really be like that because you would really be keeping on anticipating on things which doesnt really need to be having in mind.

Price is always been unpredictable and theres no way you could really able to say on what price we are facing now neither its a downward trend or upward ones.

Price movement or market movement will depend on different factors from traders itself or other possible sentiments.

[pieppiep]

Bitcoin current price looks more bearish on our eyes but its definitely a  bullish price knowing it does not fall below $40k and those who bought bitcoin when it was $30k or $40k are still considered in a huge profits by now.

However, even if the market always seems to be unpredictable, we know it will always be certain that bitcoin price won't stay for a very long time staying in a lower value when it has high potentials to increase its value. I think we should be more patient while waiting for bitcoin price to recover as it will never settle in a downward trend.

Hohoho, I am very happy to see my long is green

Our patience is now getting paid as the price can reach $50k. It is a good moment to close my trade and enjoy my profit

I expect to see another good bullish from bitcoin but it seems the price needs days to rise. I wonder if the price can still grow at the end of the year as we have at least five days later to see the end of the year. Hopefully, what we want can come true and make a big profit later.

It doesn't have to be over 50k to show everyone how it is recovering, it already recovered so much and that is good enough for me. Doesn't mean that I do not want to see it go up even higher, just means that in order to call it "doing good", I do not expect it to be doing 5x suddenly, just a bit of recovery close to 50k is more than enough for me to call it doing good.

Obviously there is room for improvement, maybe we will see it go to 100k in 2022 and that would be a lot better, but that is in the future and I do not want to judge bitcoin on short term movements and definitely not when it is doing so well. All in all we are doing fine and I am happy about it.

I am sure you are now happier to see the price can touch by $50k. It means bitcoin will go strong, but if the price gets another correction after this, we need to wait for a while and buy back for more. Reaching $100k will be a matter of time but I am sure it will go through that price someday, no matter if that will needs more than two months later or even a year to see the price will be at $100k. Yes, we are doing fine so far and now, congratulations to people who bought bitcoin at $45k-$48k

[Russlenat]

Price movement or market movement will depend on different factors from traders itself or other possible sentiments.

But there's one way to determine the movement of bitcoin, if we are in a bullish market then surely we will see a lot of pumps, and this month, we haven't seen that anymore and it looks like the hype that happened in the previous months is not happening again. We know what would happen next, if it's a down trend, we should expect that bitcoin will fall and the altcoins market will struggle.

[TravelMug]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

[Wind_FURY]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits.

The glass is half-full.

[Baofeng]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits.

The glass is half-full.

Yeah, others look it that way, they are afraid because they think the price will go down because it's a trap, or we remain bullish all thru next year and the price hits six digits.

Still 50/50, but in any case, still a win win situation, if it goes down then grab that opportunity to fill your bags and hold for long term, simply as that.

[SquallLeonhart]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits.

The glass is half-full.

I keep remembering that professor who filled the glass half and everyone expected him to ask "is it half full or half empty" and instead he asked "how heavy it is", everyone answered like 12oz, 5oz, 20oz etc etc but then he said "it depends on how long I hold it, if I hold it for a minute it's fine, if I hold it for an hour then my arm starts to hurt, if I hold it for a day then it can't move".

I see bitcoin the same way, when people hold it for too long they start to get tired and that's why we can't go to 6 digits right away, that's why it takes time, because people who hold it for too long end up caving in and selling and either make a profit or a loss but they just get out, will get back in most probably after a while but many people want a period where they hold no coin. This is why I believe that we should not be surprised if we go up, and I mean really high, but not hit 100k.

[STT]

You have Russia sitting on the border of a European country threatening to roll back time a couple decades to USSR era, its not really the time for new highs in speculative assets.  Still BTC is reasonably positive over the holiday season.

                   

Price is above 2 day, weekly and just below a monthly average.   Thats not a bad recovery for now but it requires further momentum to push further up.   I do think further revision and cycles in the price occur, its still in a box hoping to break into new ground.                             

[Silberman]

From early December until now the downward trend in bitcoin prices has continued. bitcoin price has not been able to rise significantly after touching the ATH level of $68,789 last November. Until now the price of bitcoin is still at the level of $ 47,000.

Will the current downward trend in Bitcoin price continue? or the current price correction as a move towards bullish to set another new ATH record in 2022.

We are now almost to the end of December but the price is still not back to $50,000 and stays at the $48,000 level price. I don't know how long it will be like this because bitcoin is not showing the progress to go up. But in this situation, we should be happy because the bitcoin price is not getting down. So maybe we can conclude that the bitcoin price movement is still at the current level and is only waiting for the next good momentum to increase. It could be the next year or it still needs longer to start increasing.

The price once again reached the 50k level but it is having a lot of trouble staying above it, I know that people are kind of disappointed by what is happening as they were expecting that the price of bitcoin grew considerably during this last month, but even if it is obvious that it is not going to happen there is nothing to worry about, bitcoin is looking very solid despite the news of the new strain, and most likely this means that once those fears subside the price will begin to go up again.

[Saint-loup]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

How we couldn't finish 2021 in green? I don't understand   We started 2021 below $30k then it would need a dip of $20k at least, in 5 days, to close in red. That's just impossible, then it wouldn't be a surprising good news to get a green year candle, it's already expected by the market makers.

[Distinctin]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

How we couldn't finish 2021 in green? I don't understand  We started 2021 below $30k then it would need a dip of $20k at least, in 5 days, to close in red. That's just impossible, then it wouldn't be a surprising good news to get a green year candle, it's already expected by the market makers.

Bitcoin is currently priced at $51,196 so its now starting to recover from its quite long price correction. Although the price is not yet above the last ATH, but if we zoom it out, its still considered bullish if we compare it to its previous prices. And if this value even surges this week, then we might predict that there are chances left that we can reach bitcoin's new ATH before its year end.

However, if the current upward movement is just a bull trap, then we can't do nothing about it but to wait for the market to be bullish again. As long as we take advantage with the last price correction and make a good buy and hodl, then we will never be bothered much even if this ends as a bull trap.

[Slow death]

this is still not that dangerous downtrend, we are still above $40,000 which means we have no reason to worry, if we manage to break the $53000 we will see another run up to $69000, so we have no reason to worry at least as long as the price is above $40,000... there were many people who believed that the price would reach $100,000 at the end of the year, this made many people buy bitcoin in a wild way, today they are at a loss and the year will end while the price is below $50,000

[Saint-loup]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

How we couldn't finish 2021 in green? I don't understand   We started 2021 below $30k then it would need a dip of $20k at least, in 5 days, to close in red. That's just impossible, then it wouldn't be a surprising good news to get a green year candle, it's already expected by the market makers.

Bitcoin is currently priced at $51,196 so its now starting to recover from its quite long price correction. Although the price is not yet above the last ATH, but if we zoom it out, its still considered bullish if we compare it to its previous prices. And if this value even surges this week, then we might predict that there are chances left that we can reach bitcoin's new ATH before its year end.

However, if the current upward movement is just a bull trap, then we can't do nothing about it but to wait for the market to be bullish again. As long as we take advantage with the last price correction and make a good buy and hodl, then we will never be bothered much even if this ends as a bull trap.

In which way it is related to my post? I didn't talk anywhere about a bullish trend or a so-called new ATH before the end of the year (except maybe in your dreams bro LOL). Where have you seen that? I just said 2021 is already priced as a green year by all main market actors and nobody expects anymore a red candle for this year. Losing $20k in 4 or 5 days isn't from the realm of reality.
So please don't quote me when you want to spam next time and stop your spam now or you'll be reported to moderators.

[btc_angela]

this is still not that dangerous downtrend, we are still above $40,000 which means we have no reason to worry, if we manage to break the $53000 we will see another run up to $69000, so we have no reason to worry at least as long as the price is above $40,000... there were many people who believed that the price would reach $100,000 at the end of the year, this made many people buy bitcoin in a wild way, today they are at a loss and the year will end while the price is below $50,000

But we are just above $50k and just hanging on it, if we have a good bounce to $55k then maybe we can say that we are not in a dangerous trend.

Looking at it's past history, every December we have this kind of burst during Christmas and New Year so I'm expecting the same. So for me it looks like a temporary pump and absolutely no way to see $100k in the future as we might see bearish next year.

[Wexnident]

But we are just above $50k and just hanging on it, if we have a good bounce to $55k then maybe we can say that we are not in a dangerous trend.

Looking at it's past history, every December we have this kind of burst during Christmas and New Year so I'm expecting the same. So for me it looks like a temporary pump and absolutely no way to see $100k in the future as we might see bearish next year.

Looks pretty steady so far, talks about $100k happened in the past months and I was on it as well, though seeing the market right now, it's not going to happen at least for half a year. If it did, which I highly doubt, it's just going to be a quick bubble imo and might even push Bitcoin to levels lower than it is right now, maybe go back to the price of Bitcoin in the year 2020. It'd probably go sideways now, I don't think it'd go down since we just had that, probably found a foundation to hold itself, for now.

[Jating]

But we are just above $50k and just hanging on it, if we have a good bounce to $55k then maybe we can say that we are not in a dangerous trend.

Looking at it's past history, every December we have this kind of burst during Christmas and New Year so I'm expecting the same. So for me it looks like a temporary pump and absolutely no way to see $100k in the future as we might see bearish next year.

Looks pretty steady so far, talks about $100k happened in the past months and I was on it as well, though seeing the market right now, it's not going to happen at least for half a year. If it did, which I highly doubt, it's just going to be a quick bubble imo and might even push Bitcoin to levels lower than it is right now, maybe go back to the price of Bitcoin in the year 2020. It'd probably go sideways now, I don't think it'd go down since we just had that, probably found a foundation to hold itself, for now.

Right, it's going to be a bubble and that's what we don't want to happen next year.

In any case, we should be happy that we have reach a new all time high in 2021 and the streak continues that after a halving, the price really went up.

As for the next year, for sure majority of us will be prepared, 2022 might not be a good year, but still we can take it, accumulate and hold will be the game. Profits will always be there, it just we should learn to mitigate the risk also.

[Wind_FURY]

$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.

It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits.

The glass is half-full.

Yeah, others look it that way, they are afraid because they think the price will go down because it's a trap, or we remain bullish all thru next year and the price hits six digits.

Plus if Bitcoin follows the same cycles since 2013, then 2023 will be another opportunity to buy the lowest DIPs of the next bearish cycle. If zoomed out, the bearish DIPs are mere corrections.

Still 50/50, but in any case, still a win win situation, if it goes down then grab that opportunity to fill your bags and hold for long term, simply as that.

It’s not “50/50”. Zoom out.

[StreakW]

I think the downward trend in bitcoin prices that has occurred in the past month is only temporary. While the current downward trend cannot be avoided by price weakness in the crypto market, the current sell-off should not hinder the outlook for the bullish trend ahead. I am optimistic that early next year at least in Q1 2022 the next bitcoin price rally will reach the price of $75,000.

[STT]

Price action is not quite negative just yet but within a range its going nowhere for now.  I think thats to be expected over holiday season as the name might suggest despite the larger world we are in a holding pattern till main markets all the markets collate enough volume to decide a direction and break these chains.
    Recognizable phenomena we've seen it before, no need to assume too much negative bias really the best trading is done with an open mind.

[BuNga_cute]

I think the downward trend in bitcoin prices that has occurred in the past month is only temporary. While the current downward trend cannot be avoided by price weakness in the crypto market, the current sell-off should not hinder the outlook for the bullish trend ahead. I am optimistic that early next year at least in Q1 2022 the next bitcoin price rally will reach the price of $75,000.

If we look at the history of Bitcoin movements, we don't need to worry about the price declines that occurred this month. Because how deep
the price of Bitcoin fell is only temporary, so there is no need to panic if we see the market going down like it is now. Take advantage of the current
decline to buy Bitcoin again, if it turns out that we still have capital. But if we don't have capital, we can be patient holding the Bitcoins we have
until the desired selling target is achieved. Moreover, if early next year Bitcoin can recover by returning above the $60k price, the $75k price target
will definitely be achieved in 2022. So never doubt the future of Bitcoin, if we can be patient, making a profit is only a matter of time.

[bbc.reporter]

Price action is not quite negative just yet but within a range its going nowhere for now.  I think thats to be expected over holiday season as the name might suggest despite the larger world we are in a holding pattern till main markets all the markets collate enough volume to decide a direction and break these chains.
    Recognizable phenomena we've seen it before, no need to assume too much negative bias really the best trading is done with an open mind.

Agreed. Whales and the cryptofunds might have wanted to protect their profits and their yearly Christmas bonuses after they witnessed that the momentum stopped during the beginning of November. The bullishness has turned into a derisking process where another funding reset occured. I reckon this might have left many small investors losing their investments on leverage again.

However, we can be certain that the whales and the cryptofunds are presently holding cash after dumping and they might begin pumping again after the Christmas season.

[Silberman]

I think the downward trend in bitcoin prices that has occurred in the past month is only temporary. While the current downward trend cannot be avoided by price weakness in the crypto market, the current sell-off should not hinder the outlook for the bullish trend ahead. I am optimistic that early next year at least in Q1 2022 the next bitcoin price rally will reach the price of $75,000.

I think that what we are seeing is completely natural, obviously I would not like for the price of bitcoin to keep going down but at the same time it is also clear the price cannot go up all the time, so I think traders and investors do not really see the need to engage themselves in a huge battle over the price right now, this is what it is causing the price to move aimlessly and without any direction, but this is something I think will change during the first months of the next year.