The Deep before the Raise

[Wiwo]

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.

[Ararbermas]

The same situation when there's a correction in the market or a bearish situation. wherein most of the price goes deep first but afterwards it goes really high as well because buyers and a lot of investors always take the red situation as a opportunity. Just imagine how bitcoin achieved to all time high value last year.. That's what it is..i mean the most exciting part especially if you bought at the dip.. So expect after these situation bitcoin and the entire cryptocurrency will skyrocketed again.

[Yaunfitda]

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.

But we have twice reach all time high last year isn't it? So that's a sign that we might have reach the top and we are entering a long bearish market, just saying.

Anyhow, it's just the start of the year and anything can happen, the price could go down deep to $30k or reaches a new all time high of around $70k++. So far though we are above $40k and I think we have to thank the support levels because it is still holding.

[Wexnident]

The real question here is at what point would it actually recover and make a massive turnaround. I'm pretty sure most of history has already proven well enough that Bitcoin enjoys doing this massive turnaround at one point of its dip that just moves close to being unstoppable. Pretty sure most investors are just waiting around for it to bounce back before they hop in, so that when everyone just hops on, it just does a massive rise. I'm also waiting for that point where I could buy and comfortably wait for it to rise tbh.

[Gozie51]

It is surely a normal occurrence with bitcoin to drop after sometime and to rise likewise and that is why some prefer to hodl more in bitcoin because from the history of bitcoin, it comes back after dip. This is equally being expected this time after the drop from the ATH last year. Nobody knows when this will happen but like the days will go by, bitcoin accumulation and news are usually a force behind it price.

[Mamun74]

It's normal decentralization will never be stable It's goes down and up.We see many times Bitcoin price when drop then It's price again rise in more.Bitcoin price more dip now. It’s high time to buy bitcoin, don't  miss the big opportunity. Buy more bitcoin and hold long time. I hope you will be get good profit from it.i hope bitcoin price will be rise again and soon.

[Husires]

You don't need to look at the price chart because you read the update after it happens but delve into some of the data on the network that glassnode provide:

Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.

Source: https://twitter.com/BTC_Archive/status/1480904360230072324



https://insights.glassnode.com/the-week-onchain-week-02-2022/

You will find more data in the link above so we may be one step closer to 30%+ bumping.

[The Cryptovator]

If I can remember correctly the last dump was almost the same zone where currently playing around. I think the current trend is exactly the same as the previous trend. Although Bitcoin doesn't follow always the trend, current behavior indicates this run would till $60K zone. It would be hard to break previous ATH in current COVID waves. Not sure if any whales or institutional investors enter since it's still in dip, if it happen then my prediction would happen easily. We need a little push.

[boyptc]

Very early to tell.

Wait for at least a few more months to see if it's really going to be the same. I like it if it's confirmed that we're going to have the same pattern as before.

$40k was the lowest just for this month and not entirely for the whole year. It could go lower any time at this point or can be back again there at the top.

[GreatArkansas]

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 is just showing that the $40,000 level is strong support for Bitcoin right now, but we will close a daily candle below $40,000, that's the time I can say we may experience some short-term - midterm bearish.
I am still looking forward to Bitcoin being sideways with a range of $40,000 - $50,000 until this month, just a choppy sideways.

[sheenshane]

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 is just showing that the $40,000 level is strong support for Bitcoin right now, but we will close a daily candle below $40,000, that's the time I can say we may experience some short-term - midterm bearish.
I am still looking forward to Bitcoin being sideways with a range of $40,000 - $50,000 until this month, just a choppy sideways.

I would say, it's possible.
Bitcoin has been managed to rebound yesterday and until now, though there's no sign of a bullish trend that will happen I think it's enough news for me that there is still good news that we heard about countries adopting and there are few last investors who were invested Bitcoin.

I'm thinking that this could be our chance to accumulate before Bitcoin will create a bullish trend with this year. 
I'm still positive that there's possible Bitcoin will make again a new ATH with this year.

[thecodebear]

Definitely starting to look like that brief dip just barely under $40k may have been the bottom.
Bitcoin is extremely oversold and all the indicators are pointing to a bottom, while other indicators suggest very low supply and massive accumulation happening since the summer drop. With the market possibly just starting to turn, once people go bullish again it looks likely they're going to be buying back into a massive supply shock situation. Once the price takes off we could see it go from these low $40k's levels to $60k very quickly.

I think we'll be seeing new ATHs in the $70,000s in March. $100k+ is definitely on the table, as expected, for the second half of the year.


It's been obvious that all the bears expecting a crypto winter just because it was the end of the year were gonna have to start buying in higher soon when the market shifts again. That very well could happen this month. It amazes me that people are so bearish this past year. In May-July there was a huge chorus of people claiming a crypto winter had started and the same thing this past month or so. I think anyone who is looking at the whole picture has known a crypto winter is not coming, but so many people focused on things being the exact same as they were in previous cycles when the market was very different.

I think people will eventually start coming over to the idea that Bitcoin is in a many-year supercycle, which I've been saying since a year ago. And that supercycle is going to go through many waves like we've already seen twice in the past year: solid gains followed by healthy strong pullbacks so the price stays healthy and can just keep going up without any bear markets. Bitcoin ain't a get-rich-quick type of investment anymore, that's what crappy meme coins and random alts and nfts are now - get rich quick and get out quick before they sink. Bitcoin is turning into a steadily growing store of value now.

Short term volatility will continue to be very high because of leverage and traders, but annual volatility will be much lower. The days of insane 80% one to two year long crypto winters are over. New altcoins will go through phases of pumps and then fading away, while the 0.1% of successful alts will keep going up with Bitcoin. Bitcoin market dynamics have shifted from its first decade on the market. The store of value narrative has overtaken the speculation narrative, and we should no longer expect the macro structures of last decade to hold this decade.

[kotajikikox]

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.

If the cycle continue this way for the next few days without dropping back then possibilities are there but if not then lets expect another Bear in the following weeks or months if bad.

Very early to tell.

exactly , but of course OP is a bullish type as we can see in most posts he created  .

Wait for at least a few more months to see if it's really going to be the same. I like it if it's confirmed that we're going to have the same pattern as before.

We all does of course 

$40k was the lowest just for this month and not entirely for the whole year. It could go lower any time at this point or can be back again there at the top.

40k is the strong position of Bitcoin and it ahs been hold from the last month of 2021.

[pinggoki]

The same situation when there's a correction in the market or a bearish situation. wherein most of the price goes deep first but afterwards it goes really high as well because buyers and a lot of investors always take the red situation as a opportunity. Just imagine how bitcoin achieved to all time high value last year.. That's what it is..i mean the most exciting part especially if you bought at the dip.. So expect after these situation bitcoin and the entire cryptocurrency will skyrocketed again.

Always has been the case so I always try my best to get into the market when it's going down or if it's bearish because I know that I might be able to get a lot of profit when the prices starts pumping again. Have been able to get in this situations most of the time and I can attest that I am able to get some decent profits out of it.

[pooya87]

The recent attempts and the subsequent failure to push bitcoin price below $40k was only successful for $500 and only a short time before price jumped backed up. It all shows the desperation of the market manipulators who bet against bitcoin and have been losing money in that bet since price doesn't want to go down any longer. Despite the big dumps by them.

However, I would hesitate talking about recovery and rising back up again since they still haven't run out of money to waste so we may continue their desperate attempts for a little longer and then the accumulation phase could also take some time.
First quarter could be very interesting time though.

[boyptc]

Very early to tell.

exactly , but of course OP is a bullish type as we can see in most posts he created  .

Many of us are, it's normal to be bullish no matter what the market may look like.

$40k was the lowest just for this month and not entirely for the whole year. It could go lower any time at this point or can be back again there at the top.

40k is the strong position of Bitcoin and it ahs been hold from the last month of 2021.

Just be open with any possible thing with the prices. You'll not know if the price are going to be the same as always for this month. But as much as someone looks to it for the long term.

$40k is deemed to be a good support price while waiting for another big move.

[Reid]

But we have twice reach all time high last year isn't it? So that's a sign that we might have reach the top and we are entering a long bearish market, just saying.

Anyhow, it's just the start of the year and anything can happen, the price could go down deep to $30k or reaches a new all time high of around $70k++. So far though we are above $40k and I think we have to thank the support levels because it is still holding.

Yes, the resistance in $40k is something to be appreciated. That just means there are still holders out there who believes in Bitcoin technology. It could be us in this forum or outside with whales not being triggered by any bear market. They will just keep it no matter what and it's a good sign.
If this price goes back to $20k then I think that's when the real panic will begin. But, there are also those who will take advantage of it and buy as much as possible while the price is cheap. We will never know and they could be doing it now.

[StreakW]

I think the current pattern is not the same in the previous market recovery. If we refer to the current consolidation of the bitcoin price, we can see that the volume was higher, but the price did not reach a new high. this is a sign that volume and price are not showing the same sentiment, then there is a possible reversal of price momentum. Therefore, let's see where the bitcoin price will move in the future.

[Questat]

But we have twice reach all time high last year isn't it? So that's a sign that we might have reach the top and we are entering a long bearish market, just saying.

Anyhow, it's just the start of the year and anything can happen, the price could go down deep to $30k or reaches a new all time high of around $70k++. So far though we are above $40k and I think we have to thank the support levels because it is still holding.

Yes, the resistance in $40k is something to be appreciated. That just means there are still holders out there who believes in Bitcoin technology. It could be us in this forum or outside with whales not being triggered by any bear market. They will just keep it no matter what and it's a good sign.
If this price goes back to $20k then I think that's when the real panic will begin. But, there are also those who will take advantage of it and buy as much as possible while the price is cheap. We will never know and they could be doing it now.

It is just how we make preparation for the coming bullish signature. People are buying now which I believe this could help the market to recover. As if this will able to sustain and no huge selling happens (or hearing the FUDs) that is likely we see the price increase.
Anyhow, the market will surely gain such a trend after the dip. We've been seeing this several times and probably just the same scenario to look at. In fact, we're making into a positive direction as the price tends to move up by now.

[Kemarit]

I think the current pattern is not the same in the previous market recovery. If we refer to the current consolidation of the bitcoin price, we can see that the volume was higher, but the price did not reach a new high. this is a sign that volume and price are not showing the same sentiment, then there is a possible reversal of price momentum. Therefore, let's see where the bitcoin price will move in the future.

Every price movement now is different and I believed that there is not a pattern that we can plot and says that this is where the price will go.

Even the volume might be telling us differently, before when there is a huge trading volume, it means that the price is going up, but not in the pattern today. Maybe investors are just stacking up bitcoin and not going full trading.