Bitcoin 2022 bear market?

[Joshapat]

2022 was a dark year because there were many scam cases and those that made a big impact were LUNA and FTX, the impact of these 2 cases is still felt today and many investors are stressed and depressed because they lost money from LUNA and FTX, this is an important lesson for we should always be vigilant and don't make cryptocurrencies the main investment choice.

[Sorryfor]

As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.

I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.

Your thoughts?

We have seen the Bitcoin market year 2021 was a very good season where the Bitcoin market was at its peak. and later when the market started to decline in 2022 and then the market did not increase but only continued to decline. but at the moment 2023 Bitcoin market peaked at $25k. However, I believe the way the Bitcoin market is currently fluctuating suggests that Bitcoin will not grow much in 2023. But this year the price of Bitcoin may be between $25k/$35k. and the Bitcoin market is likely to grow further in the next year 2024.

[Wong Gendheng]

As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.

I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.

Your thoughts?

We have seen the Bitcoin market year 2021 was a very good season where the Bitcoin market was at its peak. and later when the market started to decline in 2022 and then the market did not increase but only continued to decline. but at the moment 2023 Bitcoin market peaked at $25k. However, I believe the way the Bitcoin market is currently fluctuating suggests that Bitcoin will not grow much in 2023. But this year the price of Bitcoin may be between $25k/$35k. and the Bitcoin market is likely to grow further in the next year 2024.

In 2021 made a good record to reach a price of almost $ 70k, at that time I was sure Bitcoin would not drop below $ 50k, but only a few months after ATH the price drops below $ 40k especially at the end of the year there is a big case of FTX that contains billions of losses Dollar and bring the impact of Bitcoin to reach the lowest level, hopefully it does not happen and the price can recover soon.

[Why you bully me]

As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.

I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.

Your thoughts?

Looking back, this was one hell of a prediction. OP basically nailed the bottom long before it happened and even got pretty close on the trading range. It’s great to see predictions like this pan out so well. The average until 2025 part is in my opinion going to be wildly incorrect, but nailing the bear market bottom in advance is pretty impressive nonetheless.

Thank you . I tried my best to predict it judging by how previous years went and how I thought it would go. I do think now near end of 2023 we will see a upturn in price movement and bullish phase starting

[Why you bully me]

It's easy to talk about things after they happen, but to anticipate and catch on before they happen is a real feat. OP made very accurate predictions. What he said about 2022 turned out to be true. I don't know his predictions until 2025, but what's said so far deserves commendation. I couldn't make such an accurate prediction.
No one wanted it to drop that much when the BTC price was at its peak, but there are facts of life. Just as Bitcoin is experiencing sharp rises, it also experiences sharp falls, this is natural.

Thank you I did try haha, I just looked at previous history and looked at differences and thought what I would think. I do take back a bit, I think now at end of 2023/ start of 2024 we will see upturn and shaping way for the next bull market

[btc_angela]

It's easy to talk about things after they happen, but to anticipate and catch on before they happen is a real feat. OP made very accurate predictions. What he said about 2022 turned out to be true. I don't know his predictions until 2025, but what's said so far deserves commendation. I couldn't make such an accurate prediction.
No one wanted it to drop that much when the BTC price was at its peak, but there are facts of life. Just as Bitcoin is experiencing sharp rises, it also experiences sharp falls, this is natural.

Thank you I did try haha, I just looked at previous history and looked at differences and thought what I would think. I do take back a bit, I think now at end of 2023/ start of 2024 we will see upturn and shaping way for the next bull market

Ok, good, at least you made a U-turn with your prediction as we really don't know what the future holds, as you have said, initially 2022 was bad for us, hitting lows of $15,500. But it seems that we have bounce back in the first 3 months as we have a huge pump starting January and although this April the price seems to be trending sideways, it seems that we might continue this bullish sentiments and it might shape out that this year, we could reach at last $30k in the first half of the year. And then we look next year as how big this bull run will be.

[Pesona1]

2022 was a dark year because there were many scam cases and those that made a big impact were LUNA and FTX, the impact of these 2 cases is still felt today and many investors are stressed and depressed because they lost money from LUNA and FTX, this is an important lesson for we should always be vigilant and don't make cryptocurrencies the main investment choice.

The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions, apart from that there are many negative cases which indirectly also make bitcoin prices down such as the increase in interest rates by the FED and other, I agree that 2022 can It's been said to be a troubled year for bitcoin but I think we're past it now and hope the bulls that are starting to happen now can last longer than they have in previous years.

[Davian144]

The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions, apart from that there are many negative cases which indirectly also make bitcoin prices down such as the increase in interest rates by the FED and other, I agree that 2022 can It's been said to be a troubled year for bitcoin but I think we're past it now and hope the bulls that are starting to happen now can last longer than they have in previous years.

The bad cases that have befallen crypto in the last year are clearly over and everyone has been through that period quite patiently and also quite calm. And now is the time to look for more good opportunities in the crypto space to return, especially in Bitcoin which still has the potential to see an increase this year. From what has been seen and happened from January to March, it is very evident that Bitcoin is able to fix its price better and that has also encouraged more people to re-enter the market this year.

[Sir Legend]

The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.

[Similificator]

The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.

Didn't most of us make the same hopes and mistakes? lol. I feel you. I was just lucky enough to only suffer bearable losses since I was able to pull out a bit early. would have been in profit or at least lost less had I not let my emotions take over back then. haha. Oh well, what's important is the things we learned from the past phase of the market. I personally think I matured a little in terms of organizing my portfolio and planning my trades. I sure hope you and the others did too! This was more of a valuable experience rather than a lamentable loss so don't feel so down about it. Just continue to learn and get better. Good time are coming!

[Pujangga]

When there is a very rising bitcoin year, usually the following year will drop, this has happened several times, namely in 2013 the price skyrocketed then in 2014 it dropped, in 2017 it skyrocketed and 2018 dropped, and the last was 2021 it skyrocketed then in 2022 it dropped, it seems this is design from those who have an interest.

[DiMarxist]

2022 has passed and must be closed with tears, when the LUNA case was almost over and the market had risen to around $ 24k then a bigger case emerged, namely FTX and made the price immediately fall below $ 20k and even once reached a low of $ 15k, after the case FTX is starting to forget, now the market is starting to rise and it's approaching $30k, hopefully there won't be any more scam cases.

2022 and 2023 is not the same yeah 2022 is is past tense we are in present tense 2023 , last year occurrences of bitcoin befallen is no  more in this year,The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions,but at the moment 2023 Bitcoin market peaked at $28k. However, I believe the way the Bitcoin market is currently fluctuating suggests that Bitcoin will not grow much in 2023. But this year the price of Bitcoin may be between $40k/$50k.

[AnonBitCoiner]

yes it's true that the price of btc can go down but its also a reality that we don't have any information that when it will occur. Since previous 10 days the price of BTC remains higher above from 28k$ but for how much extents it will remains is unpredictable.

2022 was not such successful year and it is estimated that this year will be favorable for this individuals who keep holding bitcoin. Sharp Fluctuations can occur any time because the market is not straightforward as we think about it, and also the regular Fluctuations are beneficial for both seller and buyer of bitcoin.

Prediction is not easy and everyone cannot make such prediction but one can follow predictions from experts. As we see from the start the price was very high and goes more higher so we can say that this year  is very higher in worth and Bull run has been initiated.

[Bitcoin_people]

~~ ~snip

Your thoughts?

Thinking about Bitcoin, the current position in the market may turn into a bull market in the future. We noticed how much the market grew in 2021 when the price rose to the highest in history. but then the following year, 2022, the Bitcoin market turned into a bear market. In this we can definitely say 2023 Bitcoin price is now slightly above $28k as per current market. But of course we believe that going into 2024 the Bitcoin market price will be a bull market and it is widely believed that the price of Bitcoin will increase at a massive rate.

[Marvell1]

...

Prediction is not easy and everyone cannot make such prediction but one can follow predictions from experts. As we see from the start the price was very high and goes more higher so we can say that this year  is very higher in worth and Bull run has been initiated.

In my opinion, no one can predict the bitcoin price, and no one can be called an expert, although I don't know how you define an expert. Self-proclaimed experts, like you and me, make predictions that may or may not happen, and no one can dare claim their predictions are certain to happen.

Bitcoin had impressive rallies in Q1, but that was not enough to prove that the bull season has begun, bitcoin could correct or even plunge at any time.

[SirLancelot]

The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.

Why assume that $100k is going to be next after $69k? And If the price won't reach $100k, will you not be optimistic to invest in Bitcoin? I think you still will but you should not buy at the highs. You need to wait for another bear market first before re-investing again. A bear did happen after BTC hitting $69k and until now we still feel it.

A drop in the price of BTC is normal and BTC is not a scam so why will it be added to those many scam cases? WTF. Those who do that are only fake Bitcoiners who still have doubts about what BTC can do or maybe they are just a newbie in here that haven't check the history of BTC yet. We are now in 2023 and yes the price is now recovering, ready to enter the bull phase. You still can buy if you want to.

[Rasa nanas]

it looks like we have passed that bearish phase and bitcoin has bottomed out in the current bearish phase, but it seems the market is recovering faster than expected and currently the bitcoin price has almost reached half of ATH 2021. some time ago the bitcoin price had dropped below $20k and hit a low of around $17k but the bitcoin price recovered quickly and currently bitcoin is in a positive trend, but unfortunately the positive trend had to be halted as bitcoin failed to break the $30k resistance line.

[Kadal Ijo]

The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.

[Kodok Bencot]

2022 has passed and must be closed with tears, when the LUNA case was almost over and the market had risen to around $ 24k then a bigger case emerged, namely FTX and made the price immediately fall below $ 20k and even once reached a low of $ 15k, after the case FTX is starting to forget, now the market is starting to rise and it's approaching $30k, hopefully there won't be any more scam cases.

[bitterguy28]

As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.

I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.

Your thoughts?

you looks like knowing the market and its flow, because from year of this post and indeed in 2023 the price of bitcoin goes down to16k and yes 22k seems the 2022 price .
but until 2025? wrong because bitcoin go up to 28k and now still holding that position and that is above that prediction of yours.