Cryptocurrency status at the beginning of the year

[usekevin]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

Now the crypto was at the dump.You should not get depressed when the price reduced to any new low values. People should keep inverse at all the dump. The dump is not a permanent in the cryptocurrency field. Just wait for some week or one month, the price will back to the high value.Holding for the one month is essential for now. People was sad due to their trading and price reduction. No need to worry at the dump and hold to get good high values.

[mamesso]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

There is no need to be sad when market conditions continue to decline. You can take action for profit, Bitcoin just lost 50% of its value after being hit by a Bearish storm, usually when conditions are bad, Other altcoins have also experienced drastic price drops.
It is very difficult to predict the duration of a bear market and at what price the bearish will stop or the lowest maximum number. Bear Market is a nightmare for investors holding crypto assets, but you can take advantage of this condition to go down to the market and buy crypto assets at low prices, don't forget to also use a combination of technical and fundamental analysis so that you can choose the right crypto asset.

[kamilah147]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Moments like this can be used as an opportunity to collect, because the real price decline does not have to be seen from the movement at the beginning of the year with bloody market conditions.
when constrained by capital in a condition of falling, the holders must take advantage of short-term trading to simply increase.
then make use of reserve capital in terms of overcoming a falling market.

[asrinur]

Indeed, at the beginning of this year bitcoin and altcoin prices were hit by negative issues that made the price plummet even bitcoin experienced the deepest price decline until it fell to the level of $ 33k a few days ago. I think, in the next few months the price of bitcoin will recover and there will be another increase. Well, while the price of bitcoin is going down, investors should be able to take advantage of this momentum. After buying, then storing, and selling when prices rise or break through their highest levels like in 2021 ago, where the price of bitcoin had broken through an all-time high of $68k in November 2021.

[Oasisman]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

Now the crypto was at the dump.You should not get depressed when the price reduced to any new low values. People should keep inverse at all the dump. The dump is not a permanent in the cryptocurrency field. Just wait for some week or one month, the price will back to the high value.Holding for the one month is essential for now. People was sad due to their trading and price reduction. No need to worry at the dump and hold to get good high values.

How sure you are that Bitcoin will bounce back in just a weeks or a month?
I mean does it really matter, everybody is rushing for Bitcoin to bounce back that quickly. Corrections and dips are essential to the market cycle.
Without correction Bitcoin will never get to reach new ATH.
I might wanna add - During dump, there is actually you can do better than just holding, try buying some more fractions and I tell you, you will never ever regret adding more Bitcoin to your portfolio during sharp corrections occur.

[GeorgeJohn]

Indeed, at the beginning of this year bitcoin and altcoin prices were hit by negative issues that made the price plummet even bitcoin experienced the deepest price decline until it fell to the level of $ 33k a few days ago

The downstream of bitcoin started since last year November to December, and it was the same period people started lamenting on the prediction of bitcoin and mostly the acceleration of it without knowing that it may result out down fall, it's not surprised that the price began to reduce without direction this year, so the aspect of ATH it's very clear that bitcoin is father's of other coin, immediately it have deficiency via market demand and supply it really encroached or extend to other coins, know any other coin can arise without bitcoin getting values or increasing to another height.

[cheezcarls]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

It’s how it is mate. You can’t expect always that cryptocurrencies are off to a great start anytime of the year. It doesn’t give a specific timeline or period on their exact bull and bear runs. Now we all thought that the 4th quarter is always the bull run period of Bitcoin, but this isn’t the case anymore. Look at the charts of December 2018 and 2021 where we see the bear run period of BTC. Always expect the unexpected.

If you are thinking long term about BTC, I suggest you don’t mind what is the current price right now, because it’ll eventually be making a surprise bull run anytime without warning.

[cryptomaniac_xxx]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

It’s how it is mate. You can’t expect always that cryptocurrencies are off to a great start anytime of the year. It doesn’t give a specific timeline or period on their exact bull and bear runs. Now we all thought that the 4th quarter is always the bull run period of Bitcoin, but this isn’t the case anymore. Look at the charts of December 2018 and 2021 where we see the bear run period of BTC. Always expect the unexpected.

If you are thinking long term about BTC, I suggest you don’t mind what is the current price right now, because it’ll eventually be making a surprise bull run anytime without warning.

Lessons learned again in, December is not always a period of massive peak of price. It could happen much earlier like November wherein we already reaches the top price of around $68k. And then many expected that December will be like the penultimate push to a new all time high, a 6 digit price that didn't happen. So yeah, expect the unexpected and just be observant of the market movement as the sentiments might really be shift in just an instant.

[bounceback]

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

The market crash that has been going on so far is likely to take a little longer for bitcoin to bounce back to the $50k-$60k level because so far if we look at the market panic still continuing so it will take longer to bounce back, but don't too worried about the decline that is being experienced by bitcoin because bitcoin is a coin that already has very strong fundamentals so that it will continue to have a higher value in the future.

[ReiMomo]

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

The market crash that has been going on so far is likely to take a little longer for bitcoin to bounce back to the $50k-$60k level because so far if we look at the market panic still continuing so it will take longer to bounce back, but don't too worried about the decline that is being experienced by bitcoin because bitcoin is a coin that already has very strong fundamentals so that it will continue to have a higher value in the future.

The correction seems to be much longer this year. Hope 2022 should support back like it supported in 2021. Yes even alt coins are not moving up. 2022 Jan has not showed up a lot but hope the upcoming months will support back. After every corrections especially after a long correction,we can expect an unexpected pump. Hope this February should either support Altcoins or Bitcoin.

[STT]

We are attempting a break past the downtrend right here at 39k.  Its above the weekly average in doing so and for the moment keeps alive the idea that BTC will now resolve the negative trend to attempt a higher price once again.


I do think whatever happens over this weekend with certain exchanges also has to be replicated and probably repeated during the week by all exchanges simultaneously.   Consensus and also volume makes that probable as highest volume is during the working weekend very often.

[savetheFORUM]

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

There is no need to be sad when market conditions continue to decline. You can take action for profit, Bitcoin just lost 50% of its value after being hit by a Bearish storm, usually when conditions are bad, Other altcoins have also experienced drastic price drops.
It is very difficult to predict the duration of a bear market and at what price the bearish will stop or the lowest maximum number. Bear Market is a nightmare for investors holding crypto assets, but you can take advantage of this condition to go down to the market and buy crypto assets at low prices, don't forget to also use a combination of technical and fundamental analysis so that you can choose the right crypto asset.

We cant say that they cant be sad because maybe they already did the wrong move or they already sell at a loss and they really feel bad about it but for us that have not sold yet, we still have the chance to recover so instead of worrying, it will be better for us to stay positive and what you are saying about taking action for profit ? But how? I think that its impossible to do right now. It already comes to you mouth that whatever happens to bitcoin will also happen to altcoins  and bitcoin is in a bad shape right now.

@OP
No, not at all. There are new year's too that cryptocurreny prices are healthy but only they do not come very often.  

[aruldaroy]

In other words, it will take some time for the market to get better.

This may change and it may not be so long for reversion to start. The price is around $34k and pushing to $30k support and strongly hodling at $35k. On a longer time frame, it is looking like a change is possible to happen anytime soon before the second quarter beginning. This year may still look positive at the end.

Indeed the current price of bitcoin is arguably still positive and today's price also has an increase from yesterday's price.
37,993.24USDT is no longer under $35k hopefully there will be an increase in the price of bitcoin even though it is slowly.

[ethereumhunter]

We almost leave this January and see how the market moves attract us to invest or trade many coins. So I will say that this month gives us a big chance to buy back bitcoin or altcoin and not sell it if the price is not increased. If the bitcoin price is not down below $30k, it seems the altcoin can sustain and stay at the current price and have time to go up and down many times. It shows us that bitcoin is moving good by up and down, and it can give us more profit if we can buy low and sell high. But many people have a target price to sell so you need to set your target price.

[BuNga_cute]

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

The market crash that has been going on so far is likely to take a little longer for bitcoin to bounce back to the $50k-$60k level because so far if we look at the market panic still continuing so it will take longer to bounce back, but don't too worried about the decline that is being experienced by bitcoin because bitcoin is a coin that already has very strong fundamentals so that it will continue to have a higher value in the future.

It's already the end of January and Bitcoin's price still hasn't risen above $40k. But we don't need to panic, because the price of Bitcoin will
definitely recover when the time comes, it has been proven by Bitcoin. If we study Bitcoin correctly, we certainly understand that the price of
Bitcoin will continue to rise, so the correction that occurs is only temporary. The most important thing is that we have to be patient holding
the Bitcoins we have,  and don't even think about selling our Bitcoin if we haven't made a profit. Don't let us regret selling our Bitcoins
at low prices, remember Bitcoin has an increasing popularity every year. This means that the demand for Bitcoin is also getting higher,
this can make the price of Bitcoin more expensive in the future. Moreover, 2022 is still long, so it is still possible for Bitcoin prices to rise higher
this year compared to 2021.

[Epaper]

In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

[mia_houston]

In 2021 in November bitcoin and altcoins experienced a significant increase to set a record ATH, but from late 2021 to early 2022 bitcoin and altcoin prices fell again to touch their lowest point. Therefore, according to my analysis in the future bitcoin will again experience a significant increase until it sets a new ATH record again. This upside potential is also supported by the bulls at least in the middle of this year.

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

[el kaka22]

The start of 2022 was a pretty bad start for bitcoin, the price drop was quite significant and it caused panic for all of us.
How not?
Bitcoin which had previously reached ATH $68K unexpectedly fell almost around 50% in just a few months , the panic selling has pushed the bitcoin price down more and it looks like it will take us a long time for bitcoin to hit a new record high on the market.
However, before we meet the new bitcoin ATH, I think we can still take advantage of the current price drop to add to our asset portfolio and hope that the $100K price will be reached before the end of the year.

Sometimes years start with a bad drop but then it could end with a good increase, or it could even have a great increase and a small decrease later on. Want example? We all remember 2018 to be a bad year right? Price hit nearly 20k at December 2017 and then 3.5k when the year ended, so 2019 started with 3.5k or so price. Well it reached 14k in 2019 and ended with 7k, which means that it doubled from the start to end and even more during the middle of it as well.

So, I would be shocked if the price reached 35k or so now, then 140k in the middle and ended with 70k, quite similar situations if you ask me, just 10x higher total all around. If we can trust the system to reach to 68k and if we can see a drop to 34k or so, then we should not be shocked about the possibility of 140k. That is the problem with many investors, they do not trust the numbers could be that high, like 250k+ or so, maybe not now but it WILL happen one day in the future, trust crypto.

[Frengki_cisco]

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

Sometimes experiences and things that happen in crypto many of us don't realize it, sometimes ignore it, the fact that once every four years Bitcoin will create rich people who understand the real phenomenon that is happening, early 2022, everything changes the market turns red all altcoins go down influenced by Bitcoin, I realize this is a phenomenon where before Bitcoin rises it will happen again.

[ReiMomo]

A month passed by in 2022. Bitcoin correction remains still. Wish a pump comes in few weeks near by. Bit boring to see the price remain calm without either a sudden pump or dump. Yes, its a good sign and managing to stay at a level to move up. Every year, we do such correction after Christmas and yes the hike might start by mid of March and will hit an ATH in April from mid to end. Lets wait and see if 2022 April will support a new Bitcoin ATH.