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Author Topic: are we going to have "fear" months?  (Read 879 times)
Mpamaegbu
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January 08, 2022, 07:16:13 AM
 #21

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.
Well, to tell you the truth, I'm not sure Omicron has even had half a devastating effect as what Coronavirus had on the economy in 2020. Nah! Not anywhere close. At least, the world has an idea how to tackle Omicron unlike when Coronavirus debuted.

do you think January and possibly February could be the Fearuary months?
I expect that Bitcoin will dip this first quarters of the year. My expectation has nothing to do with the Omicron spread. It's from historical data of what transpired in the first quarters of 2018. Yes, this should be a fear month.

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January 08, 2022, 07:27:11 AM
 #22

My guess is that it would be by March where most of the time during that month the fear starts. As the price reflects in the past that on that particular month, the price of bitcoin usually fell. But no matter what people will come out with these months, no one will stop me from holding.
And if I get to have some spare budget, I'll definitely buy as long as it's under $50k and even it goes under $40k or $30k, those prices are good to stack some bitcoins.



 

 

 

 

 

 


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January 09, 2022, 03:17:17 PM
 #23

For more than two years, we have witnessed the constant creation of fear through a pandemic, and even when scientists say Omicron does not cause serious consequences, politicians around the world continue to act as if a disease is spreading around the world that kills every other infected person, while in reality the mortality rate is only 3.4%. When we look at the biggest panic in countries that have the highest rates of vaccination with 2 or three doses, one wonders who is crazy in that story - shouldn't the vaccine be the solution?

Personally, I am surprised that, despite everything, the world is holding up pretty well, but only because most governments have implemented very populist measures and injected a lot of money into the pockets of ordinary citizens and the economy. When they close the tap and the prices just go up, we can expect a crowd on the streets that will finally wonder how long all this will last.

I don’t think Bitcoin can avoid that vortex, because the whole market is connected and when things go downhill almost nothing can stay stable. Far from being pessimistic, but the next 3 months will probably be difficult for everyone - and when the winter in the northern hemisphere ends, things will start to return to normal - because the virus must also go on vacation Wink

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January 09, 2022, 03:20:26 PM
 #24

I have no doubt it could happen, I've seen this kind of situation in the past, it's easy to decide now because if the price will dump, that means it will not end there, the bear market might stay for a longer period of time and that will bring a lot of accumulation opportunities for us.

Keep the faith high and enjoy the bear market as much as we enjoy the bull market since it's a cycle that we cannot prevent to happen.

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January 09, 2022, 03:58:22 PM
 #25

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
Yeah, the price of bitcoin definitely would have been different if we did not have heard about the new strain of covid. At the same time, the awareness about making use of dips seems has been significantly increased which is the reason we are holding the support above $40k till now. So, when investors are confident about bullish trend in long run then this month may not remain how it started.

I guess tonight might be more crucial and if we see any bullish action tonight then we can be sure about upcoming bullish trend in 2022 otherwise this year would be a replica of 2014 and 2018.

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January 09, 2022, 04:39:54 PM
 #26

do you think January and possibly February could be the Fearuary months?
nope this is a normal situation actually. because imagine how bitcoin reach the current ath in just a year? 2 all time high remember.. So for sure these is just a correction but everyone is panicking reason the price gradually decreasing as well. But still not a big deal tho. Yeah fuds are everywhere but remember how bitcoin can survive always despite of situation.. It's always too good to hold mate. Especially if you already dump some of your profits because no need to worry..indeed this situation will not last.
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January 09, 2022, 04:51:17 PM
 #27

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?
Not so sure in January and February Bitcoin will experience a large pumping, market conditions are currently very decisive in the month, but in the long run, this year Bitcoin will experience a big increase, although it cannot be clearly predicted in what month, and I still believe in Thus Bitcoin's condition will experience a large price increase, considering the market scenario is waiting for Bull Run to recover Bitcoin at the initial stages of pumping.

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January 09, 2022, 04:57:55 PM
 #28

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?
It's very small to reach the opportunity, although sometimes the market can change very quickly, two months to recover the market against bitcoin is a difficult job, considering that in the previous year bitcoin corrected for so long, if realistically speaking, then the opportunity is likely to happen in the middle of this year, but if the correction can be picked up in total in the next month, but we have to believe that bitcoin will reach at a great price.

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January 09, 2022, 06:46:10 PM
 #29

People were looking for $100k a month ago, but now everyone are towards $50k. This is all because of the market fluctuation thats happening around the cryptocurrency network. Whenever the market experience downturn, automatically there arises fear among the investors. Specific people who have used to it, and if they are into trading it is good time to make an entry

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January 09, 2022, 07:11:48 PM
 #30

~
I guess tonight might be more crucial and if we see any bullish action tonight then we can be sure about upcoming bullish trend in 2022 otherwise this year would be a replica of 2014 and 2018.
Why you think that it is necessary to have some bullish trend in the market today, either way the market is moving high today and the market started to move higher by 3% and will see how long it can go. I am still expecting the market to go side way somewhere down the line and hopefully we will see that happen in the next few months and that is my expectation considering the global financial situation where inflation is looming.
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January 09, 2022, 09:00:53 PM
 #31

Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
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January 10, 2022, 07:00:44 AM
 #32

Not in my particular case. I will not be afraid for the next few months. I have been investing for some time now and I know what the ups and downs of the market are. Also, playing poker, the spurts have a certain similarity with stock market cycles. When my investments go down or I have a losing streak, I continue to do the same, DCA and play my style, because I know that in the long run I win.

Another thing is the masses, they are already, not just in fear, almost in panic I would say, and as the fear and greed index shows. As the economic year in general does not look bullish, with rate cuts in sight, I guess this will last at least a few months.


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January 10, 2022, 08:52:35 AM
 #33

Already starting from early November 2021 it's when magnify image mirrors of bitcoin downgrade started indicating how Bitcoin will appear in 2022 so am not surprise experiencing the falling of bitcoin, actually i taught on my own that bitcoin will accelerate by January which we are into but since is not cognitive enough to predict cryptocurrency and it land at the accuracy side of it, so let not us Skip fear of more falling of bitcoin, and advice to study chart of bitcoin to if possible the falling have a strong bond before you can adventure into purchasing more of it.


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January 10, 2022, 10:15:10 AM
 #34

Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
If you say desire, maybe many people want bitcoin to reach the price of $100,000K, but that is unlikely to happen at the beginning to the middle of this year, because the correction doesn't seem to be fully healed for now, it is true that bitcoin is the only stable coin and is developing fairly well, the increase in bitcoin in the long term is also still very high, compared to the previous two years, and this year bitcoin will return to a good trend.

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January 10, 2022, 10:34:13 AM
 #35

Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
If you say desire, maybe many people want bitcoin to reach the price of $100,000K, but that is unlikely to happen at the beginning to the middle of this year, because the correction doesn't seem to be fully healed for now, it is true that bitcoin is the only stable coin and is developing fairly well, the increase in bitcoin in the long term is also still very high, compared to the previous two years, and this year bitcoin will return to a good trend.
The desire must be balanced with the Bitcoin journey on the market, if not it is just a dream we want to achieve, talking about Bitcoin inseparable from the beginning of the trip until now, the process to achieve at current prices is the development they do, coupled with the existence of other influences Make Bitcoin increasingly priceless until now, realistic indeed if people expect Bitcoin to reach high prices, but we also don't forget this year Bitcoin hasn't recovered from a correction, so what needs to be done is the recovery, to be achieved at the price that people want.

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January 10, 2022, 11:42:33 AM
 #36

More traders will definitely store their BTC into stablecoin because of this price. It's just that some are still hopeful that the price will abruptly jump up but as it's going down every week for the last 2 months, it's not going to be pretty for BTC holders.

It's a sounding alarm because even the stock market is also down, it's a signal of a market downturn which may surprise us because it is not really the "buy the dip" opportunity as we thought.

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January 10, 2022, 12:12:12 PM
 #37

More traders will definitely store their BTC into stablecoin because of this price. It's just that some are still hopeful that the price will abruptly jump up but as it's going down every week for the last 2 months, it's not going to be pretty for BTC holders.

It's a sounding alarm because even the stock market is also down, it's a signal of a market downturn which may surprise us because it is not really the "buy the dip" opportunity as we thought.

I also prefer to hold my bitcoin with the current market price drop not just for the fact that it is the dominant crypto but also I do believe that time will come it will going to up its price again. I don't think that I would speculate about the enter the bull trend earlier this year but I am very positive that we will go to see an up trend market of crypto within this year. I feel that this year bitcoin will be going to attain another milestone and hopefully, it will going to break its own ATH record, I don't think so if a $100k is possible but at least higher than its recent ATH.
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January 10, 2022, 12:52:25 PM
 #38

Quote
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be

Do you have any idea of what the ACTUAL Bitcoin price should be? Grin
I think that the current BTC price is the actual price.What happened in October/November was a price bubble and the 69K ATH price wasn't sustainable.The price bubble popped and we are now witnessing the actual price of Bitcoin,which is around 40-42K.
Yes,we are going to have "fear" months,but that's OK.
Bitcoin proved that it cannot serve as a safe heaven or as the perfect protection against inflation.
It's still a great volatile and risky asset,which outperformed all the other financial assets,but definitely not a safe heaven or inflation protection tool.

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January 10, 2022, 01:01:45 PM
 #39

Already starting from early November 2021 it's when magnify image mirrors of bitcoin downgrade started indicating how Bitcoin will appear in 2022 so am not surprise experiencing the falling of bitcoin, actually i taught on my own that bitcoin will accelerate by January which we are into but since is not cognitive enough to predict cryptocurrency and it land at the accuracy side of it, so let not us Skip fear of more falling of bitcoin, and advice to study chart of bitcoin to if possible the falling have a strong bond before you can adventure into purchasing more of it.

Yeah, This whole downtrend started after the big hype on ETF approval was already over. China timing there FUD news when there's no big news that people keeps holding on. This worsen when Omicron news appear since it might result for another global economic crisis due to its fast transmission rate. But having this in mind, I will still have confidence holding Bitcoin since institutional investor is still not losing hope and they are the one who holds the majority of the supply so its a still goog as long as they are holding.

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January 10, 2022, 01:21:26 PM
 #40

I like to think it won't happen but with all the FUD coming out in social media you will be pushed to the edge of selling your lovely bitcoins especially the new investors. They lack the drive of holding it and they want profits as fast as they can because that's what they learned in the same platform "social media". "Buy this, be rich quick" schemes and Bitcoin is being used as the face of it.
No wonder we are back to $40k. That is where the strength is, the real hodlers. The question will be, who is going to buy back all those coins that was left by the soft hands? Yes, it will be the old investors again.  Cheesy When? A big question. They might be waiting, just like us.
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