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Author Topic: The Deep before the Raise  (Read 849 times)
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January 27, 2022, 11:54:58 PM
 #81

Covid19 allowed BTC to rise more easily if anything is how I see it because the currency was loosened so much during that period.   At the same time distance transactions likely increased because of the dangers from crowding in normal shopping areas it promotes any standard which helps more distant transactions even cross border such as BTC is best at.
   I realize there is an obvious negative overall from these losses and deaths, I wouldnt deny that but it wont be the same for every sector and product usage.

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January 28, 2022, 02:46:20 AM
 #82

I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact
Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now
How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.

I think there is no effect of current price decline with Covid-19, the price decline caused by other things that have a very impact
Covid 19 should cause an impact but not really big as previously. The current drop is mostly caused by manipulation and bad news about Bitcoin. I think these two factors that have a big role to lead crypto market to the current situation.

if further investigated the current conditions will be very potential at the price of $ 20K -25 thousand, but market conditions cannot be predicted appropriately for now
How do you know Bitcoin potentially drops to $20k-$25k? Instead, some analysts believe that Bitcoin will increase again gradually in the next month. The worse Bitcoin price may be around $30k, then the price has an opportunity to increase again above $50k. I don't know which prediction is correct, but I am still confident about the next recovery.


Every time there is a decrease there will be an increase even though we really can't predict when bitcoin will recover again.
But for the price of bitcoin to drop to $20k or $25k it's very unreasonable I think.
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January 28, 2022, 05:10:24 AM
 #83

I see a lot of new holders as many took good advantage of every dip as you can see this has always been the tradition in the Bitcoin market as new investors buy more Bitcoin within the last few days and every time the dip occurs. They buy low to sell high as the market recover and make new all-time high.

but the market shows being conservative now look at the market https://coinmarketcap.com/ is this the sign of dipping before the increase? I'm not sure if this can happen in the future but for now lets see what it comes.

but lets see if there are more to come for the market and also if there is something to happen to favor all of us.
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January 28, 2022, 08:21:47 AM
 #84

Bitcoin has continued to follow a similar pattern in its market recovery and stability, if you have focused more attention on the recent bitcoin price movement you will agree with me the fact that when Bitcoin falls back to the 30k region in three early hours of Monday it was the market lowest price for a long time take Bitcoin chat in march 2021 market for a close study since from that time till now Bitcoin has always followed the same pattern in it market movement once it breaks down to 30k region the next bull is around the corner and a great chance to buy the deep.
The year 2022 is showing the sign of following the same pattern when the price recovered back to 42k and since then have been on a positive mode that will trigger a massive bull recovery to a new all-time high.

Waiting for the next pump to 40k$.Now the market had crashed a lot.So it's better to inverse at less price to get good profit from it.Some people thing, the price will back to 20k$ from 37k$.But it won't happen in a short period. Bitcoin had some pattern of price, if you buy at 37k dollars. It will cross the value of 40k dollars and gives you good profit from your investments.Holding is essential one to achieve a good profit.
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January 28, 2022, 09:43:24 AM
 #85

Seemingly that this only happens when the correction happens but now as what we are having? I'm afraid that you can really say it now.

for now lets admit that only deep is what we are expecting and the raise is just temporary or must say this is only a manipulation process of whales.

Don't be blinded of what you are seeing because this might bring you to failure .

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January 28, 2022, 10:43:52 AM
 #86

This can be the deep before the raise. In reality the market reaction is due to several reasons that are connected. The FED meeting that has got postponed is stated as a reason for the market to get pushed some extent and fall back below $36k. Now institutions and whales consider it an opportunity to accumulate bitcoin. There is no change in the dollar inflation rate and the same is being postponed to the March month. The US dollar index is found above 97% strengthening the dollar. This has reflected on the global market decline along with cryptocurrency market.
If whales are seeing this as a great time to accumulate as much as possible, and if the retail investor is scared and running away, then I am sorry but the rich will get richer, that has been the case for many years so far. I can't lie that I have been following what the whales are doing and trying to mimic it as much as possible, I have made some profit thanks to that.

I know that people have emotions and when you see the price going down then you feel terrible about your investment and get scared, but the reality is that if you see something you believe in dropping in price then you could be doing a lot better and just keep holding it as long as possible and can still profit, of course that is only if you believe in it.

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January 28, 2022, 08:21:45 PM
 #87

Seemingly that this only happens when the correction happens but now as what we are having? I'm afraid that you can really say it now.

for now lets admit that only deep is what we are expecting and the raise is just temporary or must say this is only a manipulation process of whales.

Don't be blinded of what you are seeing because this might bring you to failure .
Then when you would really make out such move? When you had already missed out the train? If you wont act then you would definitely be ending up on this situation.
No one could predict on what would be the dip when it comes to price and this had been always the main question in our mind on what price would be the dip or what
would really be the peak price.Market could really be only having two ways which you would really need to act according on the current situation or else you would really
be ending up on regretting because you had failed or late to get in.

R


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January 28, 2022, 08:53:37 PM
 #88

Bitcoin has continued to follow a similar pattern in its market recovery and stability, if you have focused more attention on the recent bitcoin price movement you will agree with me the fact that when Bitcoin falls back to the 30k region in three early hours of Monday it was the market lowest price for a long time take Bitcoin chat in march 2021 market for a close study since from that time till now Bitcoin has always followed the same pattern in it market movement once it breaks down to 30k region the next bull is around the corner and a great chance to buy the deep.
The year 2022 is showing the sign of following the same pattern when the price recovered back to 42k and since then have been on a positive mode that will trigger a massive bull recovery to a new all-time high.
Bitcoin movement trend is some how easy to follow and make more money only if you know how to study the market pattern. Although, there are no positive news to trigger market trend the way those who have invested when we saw last bottom but with time the trend will continue to move in a positive direction if there are no more negative news to trigger the market downward.
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January 28, 2022, 09:11:45 PM
 #89

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.
Do you expect Bitcoin price to increase again above $37k in the near future? I don't think Bitcoin price will move up easily, the price is still possible to drop again below $35k. Even if there is a good increase in Bitcoin price today (moved from $35k to $37k), I assume the Bitcoin price will drop again or stay around $36k-$37k for some days/weeks. It only can pass $40k if there is good news about Bitcoin, such as if Russia rejects the crypto ban or the USA government make a good statement about crypto. So, more increase or green/red price of Bitcoin this year, probably depends on what the issues of Bitcoin to happen during 2022.

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January 28, 2022, 10:30:13 PM
 #90

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Bitcoin price showed an increase of 2.24% compared to a week ago, even Bitcoin price increased by 5.25% in 24 hours. This is quite a positive
thing, hopefully this week the price of Bitcoin can reach a price of $ 40k. Because now Bitcoin is at a price of $ 37,900. We shouldn't get too excited
at first, though, there's a chance Bitcoin will drop below $35k again in the near future. Because the movement of Bitcoin is volatile, so we have
to be careful and don't panic easily. People who can be patient, people who can profit from Bitcoin. It will be even better in the near future there is
big positive news, it really helped to push the Bitcoin price back to at least $40k again.

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January 31, 2022, 07:34:36 PM
 #91

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Bitcoin price showed an increase of 2.24% compared to a week ago, even Bitcoin price increased by 5.25% in 24 hours. This is quite a positive
thing, hopefully this week the price of Bitcoin can reach a price of $ 40k. Because now Bitcoin is at a price of $ 37,900. We shouldn't get too excited
at first, though, there's a chance Bitcoin will drop below $35k again in the near future. Because the movement of Bitcoin is volatile, so we have
to be careful and don't panic easily. People who can be patient, people who can profit from Bitcoin. It will be even better in the near future there is
big positive news, it really helped to push the Bitcoin price back to at least $40k again.
Move of 2-5% in a day is something a normal thing or movement on day to day basis which its not a solid indication for you to rely on making investment decisions but if you are
really dont mind about it and go for long term then these things wont bother you and since bitcoin could really make out recovery no matter what and if you do go for long
term then any price entry point would do and since you dont go for short term kind of decisions then this is depending on someones preference.

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January 31, 2022, 08:19:19 PM
 #92

It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Bitcoin price showed an increase of 2.24% compared to a week ago, even Bitcoin price increased by 5.25% in 24 hours. This is quite a positive
thing, hopefully this week the price of Bitcoin can reach a price of $ 40k. Because now Bitcoin is at a price of $ 37,900. We shouldn't get too excited
at first, though, there's a chance Bitcoin will drop below $35k again in the near future. Because the movement of Bitcoin is volatile, so we have
to be careful and don't panic easily. People who can be patient, people who can profit from Bitcoin. It will be even better in the near future there is
big positive news, it really helped to push the Bitcoin price back to at least $40k again.
Move of 2-5% in a day is something a normal thing or movement on day to day basis which its not a solid indication for you to rely on making investment decisions but if you are
really dont mind about it and go for long term then these things wont bother you and since bitcoin could really make out recovery no matter what and if you do go for long
term then any price entry point would do and since you dont go for short term kind of decisions then this is depending on someones preference.

What you say is true, we can't just watch the Bitcoin price move around 2%-5% to make an investment decision. It needs to be supported
by other things to be more sure that we make the right decision, such as reading Bitcoin movement patterns is also quite important to do.
Actually what is more complicated when we choose to invest in Bitcoin in the short term, we have to actually enter and exit at the right time,
in order to make a profit. Meanwhile, if from the beginning we invest in Bitcoin in the long term, buying Bitcoins can be done on a regular basis
and there is no problem buying at any price. Because the price of Bitcoin will always go up, so if long-term investment easier to get a profit.
We just need to wait for our selling target to be reached, but we do have to be patient when investing in Bitcoin in the long term.

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January 31, 2022, 08:51:45 PM
 #93

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
Now Bitcoin is starting to slowly rise again, having previously dropped below $35k. Of course I hope the price of Bitcoin continues to rise,
because I still believe the price of Bitcoin this year will be better than in 2021. Therefore we must not panic and sell our Bitcoins in a situation
like now, sometimes the price of Bitcoin needs to decrease first, to be able to go much higher. That's how Bitcoin works, so no need to worry
if the price of Bitcoin drops deep enough in early 2022, but slowly the price of Bitcoin will rise again and the next price will go up very high in 2022.
So never doubt the future of Bitcoin, take advantage of low prices like now to continue to collect as much Bitcoin as possible.
It's early to say it yet, because the scenario isn't solid at bitcoin's favour. We have seen a nice fluctuation up to 37,475$ today, but the price is already bouncing back to 36,632$ again. To make sure bitcoin is really recovering, this pattern must repeat itself for the next days until a new support level becomes clear enough in a higher price range than the one we currently have.
For now, the market continues looking bearish and to revert this situation fantastic news are needed. Average news like "bitcoin rised 8%", "investment funds buy 14 million dollars in bitcoin" aren't enough to push btc up. Something bigger is needed...

Bitcoin price showed an increase of 2.24% compared to a week ago, even Bitcoin price increased by 5.25% in 24 hours. This is quite a positive
thing, hopefully this week the price of Bitcoin can reach a price of $ 40k. Because now Bitcoin is at a price of $ 37,900. We shouldn't get too excited
at first, though, there's a chance Bitcoin will drop below $35k again in the near future. Because the movement of Bitcoin is volatile, so we have
to be careful and don't panic easily. People who can be patient, people who can profit from Bitcoin. It will be even better in the near future there is
big positive news, it really helped to push the Bitcoin price back to at least $40k again.
We still need to go over that $40k because we get excited. As I have been saying since last year, if we don't go over the $50k hump, we might be in for a bear cycle and that's what exactly is happening now. So the biggest barrier at the start of the month is $40k, if we overcome it and at least sustain the run, then maybe we can get be in the middle grounds. The bulls are going to fight back and remain in control of the market, but if we can't really get over that price again in February, then sad to say that the bear cycle is really here.

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February 01, 2022, 03:05:21 AM
 #94

^^ We are really trying very hard to break $40k again. Currently at $38k and still going up, others may say that we might see the price going down because of the Chinese Lunar Year as there could be sell off to celebrate this holiday.

But let's see, it seems that the market is lively this start of February and hopefully, as you have said, that big $40k barrier in front of us could be smashed and slice like a butter.

R


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February 01, 2022, 03:07:28 AM
 #95

^^ We are really trying very hard to break $40k again. Currently at $38k and still going up, others may say that we might see the price going down because of the Chinese Lunar Year as there could be sell off to celebrate this holiday.

But let's see, it seems that the market is lively this start of February and hopefully, as you have said, that big $40k barrier in front of us could be smashed and slice like a butter.

Slicing is one thing, but staying and maintaining that price is another. We've seen this kind of instances wherein we break the barrier price and yet we didn't sustain the run that's why we are back to the price again. So for me that is important, sustaining the run or at least staying on that price for a good week and then having a good break out run again.

R


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February 03, 2022, 08:45:24 AM
 #96

^^ We are really trying very hard to break $40k again. Currently at $38k and still going up, others may say that we might see the price going down because of the Chinese Lunar Year as there could be sell off to celebrate this holiday.

But let's see, it seems that the market is lively this start of February and hopefully, as you have said, that big $40k barrier in front of us could be smashed and slice like a butter.

Slicing is one thing, but staying and maintaining that price is another. We've seen this kind of instances wherein we break the barrier price and yet we didn't sustain the run that's why we are back to the price again. So for me that is important, sustaining the run or at least staying on that price for a good week and then having a good break out run again.
Holding on to the current condition is more appropriate than selling, even if you mention that is another matter, maintaining the price in a corrected condition is a step to save the value of the previous investment, especially when we buy far from the current selling price, because after all the current market conditions, which there will definitely be a period of more stable price increases in the future, so it's better to be patient than to take risks for now.
Reaching the risk of investing is normal, depending on how to manage the risk, in the case of investment in Crypto all involves both small and large risks, because this concerns financial capital, but market conditions like now we are good to be patient until Peiode Bullrun appears, evaluate And recognize the coins that are worth buying in conditions now, so that in the market conditions back on the green line we can take big advantage.
The risk will still exist under any circumstances, so this is not a point of concern that must be considered, the market is currently in a state of severe correction, there is no guarantee if it continues to be forced, the bullrun period is what people are waiting for now, so take advantage of this condition to make purchases against potential coins, so when conditions have stabilized, we will get the maximum profit.
The risk will remain in every investment made, but to ignore the risk it is needed, by preparing the correct investment, when viewed conditions now almost all coins experience so high prices, according to my analysis and view, only BNB, Solana and There are those who deserve to be invested now, just waiting for a total correction to recover, the rest I don't dare to take risks.
In order to ignore the risk posed by the investments we make, better analysis, information and coin development are needed in the future, considering that all coins are still in severe correction until now, I only believe in BNB, while ADA and Solana have no potential to be investigated in the long run, considering that this kind of coin is untested and has not been able to deliver large volumes in trading.
when the market experienced a decline it was followed by almost all coins and that was the right time to invest but we don't know for sure the lowest point before the big increase, from what has happened the crypto market is able to always recover and the top coins are very possible for that, no no one doubts it.
therefore there is no fear of what will happen in the future, whenever you invest you just have to wait and the difference is the level of profit you get when you choose to invest at the lowest point or not.
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February 03, 2022, 11:05:02 AM
 #97

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
it is 68 thousand to be precise what the last ATH bitcoin reached and with that we have seen more dumping this year. and drops more than half of that All Time High , though now it looks like it is stabling at 37 k and if this continue to Hold then we may see another Hype at least in the next quarter .
Hoping to make it back to 50k so we are half away from the dream 100k for Bitcoin and finally break that 6 digits value.

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February 04, 2022, 06:12:28 PM
 #98

This recovery could mean many things. It could be dead cat bouncing like so many people called out recently, it could be start of a bull run as well, or it could be just like this for a while (stabilization is not unique but not common neither in crypto). So, I do not know what this means but I am happy that the price went up a little bit, I was a bit tired of seeing things go down all the time, there is a good chance we could keep seeing it go down like this all the time and I rather not have a drop at all so it is definitely a good thing.

However, one thing I am not entirely sure about is the fact that could we keep this up? Not just going up but keeping it up, maybe it will drop? I really do not know but if it is just a getting ready period for even a bigger drop then it would be something I would be careful about as well.

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February 06, 2022, 07:11:15 PM
 #99

Bitcoin price previous this similar time was deep but bitcoin price touched $65k+ in 2021.Now bitcoin price little dip and recent price $37k+. Few days ago bitcoin price under $35k+.I hope bitcoin price will be more and more increase this year and i Think crypto market will be green again this year.All coin depends on bitcoin price.
it is 68 thousand to be precise what the last ATH bitcoin reached and with that we have seen more dumping this year. and drops more than half of that All Time High , though now it looks like it is stabling at 37 k and if this continues to Hold then we may see another Hype at least in the next quarter.
Hoping to make it back to 50k so we are half away from the dream 100k for Bitcoin and finally break that 6 digits value.

I precisely don't think Bitcoin is going to take that long to make it back to $50,000 or above as at the current price Bitcoin is sold for $41,700 today before dropping back to a little down to 41,300 in the late hours of Sunday, I believe before the end of this month Bitcoin is going to recover in it price rather than dropping, the dipping is over we are not going to see any more bloodbath. Bitcoin will head to a more exciting year we may see a new all-time high very soon the last couple of weeks in this year have been challenging but am optimistic that the price of Bitcoin will be on a whole new level going forward.
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March 03, 2022, 11:39:22 AM
 #100

I think, While the price of bitcoin is still going down, maybe we can take advantage of the current price decline momentum to buy. I believe in Maret to May the price of bitcoin will increase from the current price.

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