The Deep before the Raise

[Yaunfitda]

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.

And I still or shall I can we can appreciate those buys specially retail investors who keep the price above $40k and it seems we have a little rally going as we are above to hit $44k again? Hopefully this is not going to be a bear trap because it's going to be hard to swallow when the price goes below $40k again and we might see some panic in the market if the price hit that level.

[jostorres]

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.

You sound like too accurate with respect to current market scenario. Yeah, right now bitcoin market is slowly recovering toward $44k levels and considering against what the conditions we had last week, the current market seems too good to have and I am feeling a little bit relieved.

Technically the support levels around $40k to $40.5k levels worked too stronger to make market bounce back and in real world scenario I read citadel is getting 1.5M USD deals from crypto related firms. Not sure what are working in favour of bitcoin (as we do hear only late news), I just expect continuation of current scenarios for next few more months; so that all our speculation will become true.

[Oasisman]

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 needs consolidation. So, I'm not gonna be surprised If Btc will fall under the $30,000 level anytime soon, but it seems like $40,000 is such a strong resistance and a lot of people are buying at that range.
Price movement is usually similar from the past, It dips and recover. The only things that differs is the amount of the price increase and the time frame from being in the bearish state until the bullish season.
So, what valuable lesson Bitcoin has taught us, is to buy when the price is cheap and hold it for long term life saving/ retirement purposes, Bitcoin is rapidly increasing each and every year.

[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.

Bitcoin needs consolidation. So, I'm not gonna be surprised If Btc will fall under the $30,000 level anytime soon, but it seems like $40,000 is such a strong resistance and a lot of people are buying at that range.
Price movement is usually similar from the past, It dips and recover. The only things that differs is the amount of the price increase and the time frame from being in the bearish state until the bullish season.
So, what valuable lesson Bitcoin has taught us, is to buy when the price is cheap and hold it for long term life saving/ retirement purposes, Bitcoin is rapidly increasing every year.

The Market has recovered back and now moving towards recovery to 50k according to my earlier statement this cycle has repeated itself once again when Bitcoin falls back to the 30k region some steel holders took advantage of the dip to bug more before this present recovery.
I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.

[btc_angela]

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 needs consolidation. So, I'm not gonna be surprised If Btc will fall under the $30,000 level anytime soon, but it seems like $40,000 is such a strong resistance and a lot of people are buying at that range.
Price movement is usually similar from the past, It dips and recover. The only things that differs is the amount of the price increase and the time frame from being in the bearish state until the bullish season.
So, what valuable lesson Bitcoin has taught us, is to buy when the price is cheap and hold it for long term life saving/ retirement purposes, Bitcoin is rapidly increasing every year.

The Market has recovered back and now moving towards recovery to 50k according to my earlier statement this cycle has repeated itself once again when Bitcoin falls back to the 30k region some steel holders took advantage of the dip to bug more before this present recovery.
I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.

Hopefully bro your predictions will come true although I have hedge my bitcoin already.

And as you have said, the big test will not be in the $40k'ish, but if we are going to reach $50k this January. We all know how this big round numbers are a big barrier, but once it has been breach, the price will steadily going up until we reach another resistance level. In this case it could be $52k, so we will have to wait and see what this month will bring.

[tygeade]

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.

Honestly there was a situation where all the whales tried to drop the price of bitcoin. However, it failed and it is clear indication that we are talking about something a lot better for the future of bitcoin. Whenever whales end up not getting something done, they try the other way around. Which means that we are going to see them try to get it higher very soon. The logic is that if with their whole money whales end up failing to do something for the movement downwards, then they could definitely do it for the upwards because the downwards movement is stopped and that means people are not selling anymore and buying, so if they join in the buying situation then they could make a lot of money from it.

I personally believe that they could definitely do something that could benefit all of us if they worked with us and not against us and could allow us to profit as well.

[Baofeng]

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.

Honestly there was a situation where all the whales tried to drop the price of bitcoin. However, it failed and it is clear indication that we are talking about something a lot better for the future of bitcoin. Whenever whales end up not getting something done, they try the other way around. Which means that we are going to see them try to get it higher very soon. The logic is that if with their whole money whales end up failing to do something for the movement downwards, then they could definitely do it for the upwards because the downwards movement is stopped and that means people are not selling anymore and buying, so if they join in the buying situation then they could make a lot of money from it.

I personally believe that they could definitely do something that could benefit all of us if they worked with us and not against us and could allow us to profit as well.

But those are whales, they don't give a s**t towards us average Joe investors. They are going to move the market in their favour with that huge amount of money they have.

And the way I see it, I would agree that it's going to be a waiting game again for the whales. They are still hinting for something before they try to influence to market again with their huge investments. So let's wait maybe in the long run they will push the price again to over $50k.

[virasog]

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.

There is a lot of difference between march of 2021 and current time. Bitcoin has spend considerable time over 40,000$ and it should not go back to 30K levels again. If for any reason market visit that particular levels again, there might be something wrong in the market sentiments and we may see bitcoin further down to 25,000$ or below.
Lets hope bitcoin does not fall below 40k and move up from here.

[lizarder]

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.

The bitcoin market will continue to follow the same pattern, there are times when there is a pumping and then corrected or vice versa, the fact is that today bitcoin is in the red phase, which forces bitcoin to be corrected to a certain value, and I see this recovery phase will make the bitcoin price even more high, considering the correction from 2021 until now has not shown a green market, be prepared for future bearish conditions, because I am very sure this year will increase.

[Falconer]

The bitcoin market will continue to follow the same pattern, there are times when there is a pumping and then corrected or vice versa, the fact is that today bitcoin is in the red phase, which forces bitcoin to be corrected to a certain value, and I see this recovery phase will make the bitcoin price even more high, considering the correction from 2021 until now has not shown a green market, be prepared for future bearish conditions, because I am very sure this year will increase.

Bitcoin has lost 38% of its price since November. At the moment the price is very unstable where we continue to see a small increase followed by a correction. I think we are now in a bearish phase where bitcoin has dropped almost 40% from its last ATH.

We can't predict how this will happen, this is the hardest part to do because we don't have a crystal ball in hand. What we can expect is bitcoin will rebound to November ATH in 2022 which will open the door to see it bullish and hitting another ATH.

[ranaprime]

Yes, Bitcoin will rise again because if we look at the previous signs it is seen that every time the market goes up while getting the deep before. The current market is relatively low so it is reasonable to expect that.

[adaseb]

Except we have no idea if this is a dip or just a bounce. Remember 2018, people assumed that every time it dipped, it was the bottom and kept going lower and lower and lower. Then when it finally broke $6K and went to like $4.5K, people were like "we are in a bear market". It went down another $1K and then stalled for months and bottomed out and went back up. People were thinking $1K was close back then but it wasn't.

Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.

[pooya87]

The logic is that if with their whole money whales end up failing to do something for the movement downwards, then they could definitely do it for the upwards because the downwards movement is stopped and that means people are not selling anymore and buying, so if they join in the buying situation then they could make a lot of money from it.

The market manipulators don't have to buy bitcoin for the price to rise, the selling has to stop. More specifically the shorting (which is essentially borrowing bitcoin to sell) has to stop and it will eventually stop as price doesn't go lower and the shorters have to pay back what they borrowed after losing a lot of money.
As the fake sell pressure is lifted, the natural buy orders take the price back up again.

[Furious 7]

The Market has recovered back and now moving towards recovery to 50k according to my earlier statement this cycle has repeated itself once again when Bitcoin falls back to the 30k region some steel holders took advantage of the dip to bug more before this present recovery.
I will advise anyone who cares to listen that 2022 is going to be a great year for the Bitcoin market and before the second quarter half of this year 2022 its price will reach the 100k price predictions.

it would be very good if it happened and indeed 2022 could be something very good and it is not impossible that they will go back up to prices that were not even predictable before.
but always be careful and don't just focus on the price, because many people who always say, for example, about $100,000 bitcoin, which is too lauded, actually makes a blunder because they are experiencing a correction.
research will continue and prices are now starting to improve and it's still early 2022 and it's still possible for bitcoin to have a big surge this year

[STT]

Long time wouldnt be September when it was lower then.    If we went back to July pricing it would at least be significant over about a year but its not especially a big deal to move back to prices seen as recently some weeks ago however sharp it might appear in the moment its not that grand a deal.   Unfortunately people need to balance the gains with the sharp pullbacks as we see now, accounting for both against each other makes it slightly less dramatic.
  We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.

[Jating]

Long time wouldnt be September when it was lower then.    If we went back to July pricing it would at least be significant over about a year but its not especially a big deal to move back to prices seen as recently some weeks ago however sharp it might appear in the moment its not that grand a deal.   Unfortunately people need to balance the gains with the sharp pullbacks as we see now, accounting for both against each other makes it slightly less dramatic.
  We're on the weekly average on this latest retraction, if price stays above 42k it still appears like it will be improving rather then declining short term and longer term it has to be said that BTC is positive with its worst performance it went sideways.

Thanks for this info, I thought that we have gone lower on the weekly average so I guess we can say that we are not going to decline a little further and probably hit the lowest low short term.

And once we have a break out run, it could be very well positive movement. No problem with sideways, what's interesting is how it will have a break out run which I believed will happen before the end of the month. A move to $50k will be very much interesting as it might wake up the bulls again.

[jaberwock]

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.

Yeah bitcoin market is trading too stronger above $42k levels which will easily lead to test $45k to $48k levels by this weekend and also I am seeing some altcoins started showing green trend today; usually this does happen when investors are getting back to their busy buying to diversify their portfolio. So, the deep we went by the times of last year definitely for the reason of getting ready to massive bull run.

I guess this weekend, we are going to have bitcoin to be trading above $45k levels at least and in extreme case, we may have market to breach $50k levels on first attempt but may not sustain above $50k levels. Hence, filling up bags at current price levels may help for anyone for sure.

[Silberman]

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.

I think it is very likely the price of bitcoin will grow up in value during this year which is why I think this is a good moment to accumulate some coins, I know that people do not really like when bitcoin goes sideways but that is the perfect moment to get some bitcoin, after all if we wait until the market begins to show signs of a bull market by the time we buy the price is already way higher than its current price, so why not buy bitcoin for a discount while we can?

[ShowOff]

Except we have no idea if this is a dip or just a bounce. Remember 2018, people assumed that every time it dipped, it was the bottom and kept going lower and lower and lower. Then when it finally broke $6K and went to like $4.5K, people were like "we are in a bear market". It went down another $1K and then stalled for months and bottomed out and went back up. People were thinking $1K was close back then but it wasn't.

People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time. 

Same situation here, $40K might be the low or $30K or $20K or even lower like $15K, you won't know until its too late to get out or get in. Same with the way that tops are hard to pick. Nobody assumed that $69K would be the top, maybe at least $75K or $95K however it went nowhere near that. This is the reason why you always need to take profits.

That is the reason why people should consider taking advantage when they are earning more than 30%. They can sell it to secure capital, meaning they only sell a certain amount of capital while the profits from it are still intact in the form of assets. I don't know if anyone has done a strategy like this, but I'm pretty used to it.

[pooya87]

People wait for a deeper dip to buy “maybe 4K or lower”, but they never realize that hope won't happen because at that point the price starts to bounce faster than expected. I enjoyed that time, and I can still remember how panicked the traders were at the time. 

The funny thing about people who wait for a bigger drop after an already big drop is that these people would wait if that bigger dip happened too! For example I remember clearly when price was $6k they were waiting for a bigger drop and as it happened the price did drop down to $3.2k but they still didn't buy. Instead they waited and wished for $1.5k. You can still find their topics on bitcointalk and how they are "wishing" for such a big drop.
Suffice it to say that these people bought back when price reached $7k+!!!