The Deep before the Raise

[SquallLeonhart]

The Most Important Thing To Be Patient In Real Recovery, Currently The Correction Has Not Been Seen On The Green Line, Which Means That In The Following Month It Is Still Possible Bitcoin Will Continue To Be Repaired, Even 30k Evening Not Rule Out The Missibility, IF The Market Conditions Do Not Recover Completely, The Pattern of Bitcoin Movement Tends to Follow The Previous Year, Which Means That Bitcoin Would Likely Be At Its Highest Price, Taking Risks Was Not An Easy Thing, But Back On The Bottom, That Bitcoin Was Not Very Risky in the Long Term.

I would say 30k is definitely ruled out at the moment. I know that "everything is possible in crypto" deal, I have been here long enough to know that it could be 100k+ in the spring or could be under 10k at the same time. However, if we are being realistic, people have been tired of seeing bitcoin at low prices and we haven't taken it to a higher price for a long time.

There will be some things and we are going to end up seeing something working for sure. I do not know when and how that will happen but I know that it will happen eventually and that is when we are going to see bitcoin going up. It could be some news, it could be Elon tweeting, it could be somewhere accepting bitcoin, it could be just pure speculation. Whatever it is, that thing will create some hype around the community and we are going to just live with it and accept it and watch bitcoin go up.

[Vaskiy]

It looks like we'll experience gradual crash of market and nothing as a steep decline. Maybe $30k can be the low bottom. In the past market isn't that mature and hasn't got such an userbase. Now the market has widened with real time acceptance as well as more corporate networks have invested into cryptocurrency. So, it won't crash to a higher extend. Also more fresh investments were entering the market last year. Now this has slowed down which is also a reason for the decline of market.

[Poker Player]

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+!!!

Expecting a lower price when it has fallen is one of the reasons. The other, which is often common, is to panic. Like if someone now waits for the price to $30K to buy, but when it goes down to that level he gets scared and thinks that we are in an unstoppable downtrend and if he buys now the price is going to keep going down. As you say, those types of people are the ones who would buy at $70K after not buying at $30K.

[Sled]

It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.

[Gozie51]

Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.

Nothing is permanent with bitcoin yes as we were in bull lately, the bear took over few days back and now but that doesn't mean reversal is not possible. If you consider the number of institutions using bitcoin now and in 2017 when we only relied on halving effect then we can understand better that the price may change anytime. We need to be pragmatic, however it is still a good chance to buy more.

[pauloaragaomelo]

It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.

The momentum of the market trend will change when the bullish end so earlier this year it is a sign that the market has fallen in a bearish trend circle, we cannot conclude the market pattern for sure but it would be better to wait for the market to normalize before investing.

[Oasisman]

It doesn't look good for now as the uptrend momentum has already changed to declining. I'm not being too negative but I feel we can't be bullish as fast we expected after having a short recovery. Apparently, we are turning back down again and it might possible to go down deeper below $40k. But I don't think we need to worry but instead, we take this opportunity to buy more. Might be right the huge deep come first before the bullish come again.

The momentum of the market trend will change when the bullish end so earlier this year it is a sign that the market has fallen in a bearish trend circle, we cannot conclude the market pattern for sure but it would be better to wait for the market to normalize before investing.

What is a normalized market? Did you mean the market price isn't normal as of the moment?
And what is a normal price range before you can advice someone to invest?
Because If I'm not mistaken you said the market is in a bearish cycle already? Well, I guess this is going to be the perfect time to buy more Btc.

[Silberman]

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+!!!

And not only that, if the drop they are actually waiting for actually happens many of those that were hoping for such a thing to happen do not buy because now they are afraid the price could keep going down, which makes no sense since they were adamant on their desire to see a lower price only to not take advantage of it, this is why I think that buying bitcoin whenever you have some money to spare regardless of the price is a good strategy, as then you forget to try to time the market correctly and all of stuff that at best just gives you some additional satoshis.

[lenovop-70]

I think the Bitcoin price movement today is similar to the normal movement in previous year where from January to the end of the first quarter of each year there was a sideway downtrend. If it is the same as the previous year, then now is the right time to increase your investment in Bitcoin, just a suggestion.
After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

[ShowOff]

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+!!!

True, and I would say it as a form of doubt about bitcoin and its potential. Some might say it was the funniest thing because in reality the price of bitcoin had never dropped to the $1.5K level at the time, but there was an assumption at the time that bitcoin was over and would no longer be trading at the high price like now. There's a cool term here "your doubts are a your loss" but that has to do with adequate analysis.

[Gozie51]

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

[onecall123]

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

I'm seeing something similar to this. Without negative news from the Fed or macro concerns, the bears won't be able to beat 40k. There will be some decline, but not significantly. Perhaps a couple of days or weeks. Markets move based on structure and not emotions, so though big buying might come back in, it might only be a flash.

[STT]

If we are waiting on the FED then it will take several months to pass.  The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting.   None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do.   They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
  The actual situation is inflation and easy money continues, rates will not top  inflation especially for years.   So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year.   Obviously hard events like wars will alter that outlook.

[Reatim]

I do believe that there is always increasing after downtrending but sometimes this took years and not just overnight so if you are saying that there will be a coming hype sooner?I doubt it because what I believe is that this will took years.

at least after new halving?

5here will never a continued increase for couple of years it is always pumping then dumping.

[Jating]

If we are waiting on the FED then it will take several months to pass.  The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting.   None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do.   They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
  The actual situation is inflation and easy money continues, rates will not top  inflation especially for years.   So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year.   Obviously hard events like wars will alter that outlook.

We can also see at how the traditional stocks are moving, if they are somewhat in the positive trend, then it could have an effect on bitcoin's price because I believed that they have some sort of correlation.

Anyhow, seems to be in the middle ground for me, which no clear movement as to where the price will be. But I don't know, I have a feeling that we might be in for a bearish run this year. Not unless there is going to be some positive news again to turn the sentiments into a positive outlook.

[noormcs5]

After the first quarter runs out, according to my data, there will be an upward price movement until it reaches a new ATH like the year's chart has passed, I hope so, and I hope Bitcoin is good to us. Bravo!

The possibilities are there that bitcoin will attain another ATH this year but I don't think that the scene of 2018 and the past are not same for the present. The institution's hodling are making price not to drop with heavy losses in a day. For now talking about the present, bitcoin has not dropped $10000 below daily opening price but that happened in 2018 so they are not the same in comparison of time and the past.

I'm seeing something similar to this. Without negative news from the Fed or macro concerns, the bears won't be able to beat 40k. There will be some decline, but not significantly. Perhaps a couple of days or weeks. Markets move based on structure and not emotions, so though big buying might come back in, it might only be a flash.

We do not know how whales want to play out at this time. Creating a bad manipulative news is not a big issue as we have seen this in the past. Maybe bitcoin whale keep on the accumulation phase till Chinese new year and then they may start to move the price up. I feel that Bitcoin will raise but no one can predict the exact timings.

[Renampun]

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.

until whenever that is the condition that will continue to occur in the cryptocurrency market, bitcoin will not have an eternal and stable price...

every year bitcoin has its lowest price and in 2022 it might be as low as $30k, who knows! The important point that happens is that when the price of bitcoin drops to $30k, the whales will start pumping bitcoin again by buying it, until the market is boosted again.

[Silberman]

If we are waiting on the FED then it will take several months to pass.  The reason being bearish takes in speculative trades right now are in the perception or anticipation of future moves, the idea of QE retracting.   None of that is in effect yet, just the fear of it however I think the idea that the FED will run hard money is ignoring just how hard that would be to do.   They are only just discussing reducing active QE, it has to stop and reverse before rates can rise especially.
  The actual situation is inflation and easy money continues, rates will not top  inflation especially for years.   So we are just talking about speculative sentiment retracting and in future likely advancing once again, probably in 2022 I think its realized that easy money is not about to disappear but it may take the whole year.   Obviously hard events like wars will alter that outlook.

We can also see at how the traditional stocks are moving, if they are somewhat in the positive trend, then it could have an effect on bitcoin's price because I believed that they have some sort of correlation.

Anyhow, seems to be in the middle ground for me, which no clear movement as to where the price will be. But I don't know, I have a feeling that we might be in for a bearish run this year. Not unless there is going to be some positive news again to turn the sentiments into a positive outlook.

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

[savetheFORUM]

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

I think this is now a tradition for bitcoin we have seen this types of occurrence over the years in the past, it is no longer new. What it takes is only patience to hold on because after the dip bitcoin will certainly rise and it is even possible to hit all time high this year. Patience is the key, you just have to keep holding on till the bullish season.

At the same time, bitcoin holders who have been holding since 2013 or 2017, might not be worrying about the current down trend of bitcoin market. The biggest doubt now is, whether bitcoin will hit $100k or not within this year. I guess bitcoin still got chance to set a new ATH around $100k levels.

[Hypnosis00]

The current decrease in the price of bitcoin can be attributed to the important drop in the stock markets, now some people may think that this is a sign of failure as bitcoin was supposed to run contrary to the stock markets and act as a store of value and go up when those markets go down, however since people that are invested in stock are now also investing in bitcoin this means that when the stock market crashes they sell their bitcoin to cover their losses making bitcoin to crash in the process as well.

I think this is now a tradition for bitcoin we have seen this types of occurrence over the years in the past, it is no longer new. What it takes is only patience to hold on because after the dip bitcoin will certainly rise and it is even possible to hit all time high this year. Patience is the key, you just have to keep holding on till the bullish season.

At the same time, bitcoin holders who have been holding since 2013 or 2017, might not be worrying about the current down trend of bitcoin market. The biggest doubt now is, whether bitcoin will hit $100k or not within this year. I guess bitcoin still got chance to set a new ATH around $100k levels.

Holding is the only way I can see that could save us from getting into huge losses but of course, they still have their choice either to sell or hold.

For every dip to see, we could always remember for the past and we'd sometimes think that history repeats again (and again). We can't just hold into this situation and whether we like it or not, dumps can be expected as well. I'm not going to say this is manipulated, we neither blame whales nor any intentity but we rather think that the time has come for the bear season.