BTC has crossed $43k what's next?

[arwin100]

I hope that the price drop won't be more than $35k. even for now. Well, actually, I'm quite happy to see the price recover to $43k in the last few moments. however, a very rapid decline occurred. Yes, but this is still normal. I think, for now, the lowest target for the price decline is $35k, and maybe now we need to wait for good news to push the bitcoin price back into the $40k range.

The bounce area for $43k won't last even if the market is in recovery but actually the market has been in a bearish market down since ATH 2021. Though the good news won't push the bitcoin price up significantly as the market is currently in a bearish moment.

Fear level became more higher so I don't think any news will help for now knowing that market doesn't look good for now. Maybe its not to hold some bitcoins now and I'm thinking about preparing for worse case scenario since we might gonna see some deep with this current situation and better to have spare amount to buy some at the lowest price it could possibly get.

[perfect999]

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

I have been of this opinion before and I will continue to be of it, as a bitcoin holder I don't think there is any need to be afraid of the bearish season as bitcoin trading below $40k right now, we have seen this over years but bitcoin still come back stronger and could even move into a new all time high.

Bitcoin will certainly recover and will send green light to other altcoins. It is a recurring of events and we must need to get used to. Expecting all bullish season across years is not making sense in any means.

[Yaunfitda]

And just exactly 2 weeks after creating this thread, $43k->$32k down ward spiral. Although we have a slight bounce in the last 24 hours and now peaking at $36k.

But still in matter or weeks a $10k dropped, I think we are in the average of a bear market, until we hit the bottom. The question remains, what is the bottom for this bear market? Others speculating that it could be in the mid $20k, but others are looking for a bit lower than that.

[STT]

Back in a range again, needs to at least beat 38k and I think really the weekly average also.  Above that is the downtrend around 40k, again another battle BTC must win and regain the ground in order to declare its with a chance of accumulating positive momentum.   For the moment we have respite but not a serious rise in price only potential to do so.

[cryptomaniac_xxx]

^^ It was a short-live $38k'ish, and then it goes down hard again to $38k, so I guess the lines have been invalidated and we have to start from scratch again to see where the price is going to be at least at the end of this month.

And it's been tricky really because the price is really volatile and everything is on the works short term. So there is no respite, as we are really inside the bear cycle now.