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Author Topic: The bull is back?  (Read 1063 times)
cryptomaniac_xxx
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January 29, 2022, 01:26:13 PM
 #81

The recoveries that you guys are seeing now aren't real, the road ahead is still going downward, do not be fooled with those little recoveries because it's like denying that bear market never existed, no amount of money can stop bear market from happening cos this is always the natural way in crypto world.
The current resistance signifies the market is not a real recovery as it is recovering from the decline in high market panic since the whales have hit a low point, the market has stabilized this week but I'm speculating the market will be volatile in mid-February although to be honest I don't want to see the market fall below $30k.

Maybe it's the best time to accumulate. Resistance will always be present in the market, and I would say that it is $40k. We are close to breaking it last week if I'm not mistaken as the price goes to $38k-$39k. But I guess it's too much a barrier, nevertheless I have no doubt that it can be done next month February and we can sustain that run and we wouldn't be in the $30k'ish price.
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January 29, 2022, 08:20:54 PM
 #82

The chart looks green in just a matter of 24 hours and at a matter of weeks, conditions are still red based on what is seen on the coinmarketcap website for today. However, the market is starting to have some potential to pick up again in my opinion and there will be a big improvement this year.
for a longer timeframe it would be very possible but I think for now and this week we may still see them in decline and even I still feel that this is not a decline that is indeed their last point and will definitely continue to decline again as time goes on time.
But for this year indeed I still feel that they will reach their New ATH again, 2022 has just ended in the first month meaning there are still 11 months left and that is enough time for them to return to a positive trend
Positive possibilities will exist in this year especially Bitcoin. But usually the chart will fall again in the middle of a correction market condition. Opportunities for coins to reach new ATH this year are still open considering that there is still a long time as you stated.
Chart going down is still possible because there are many opinions that bearish will still occur and even if you look at it I feel very confident that this is not the latest decline and their price will still fall to at least $20k if the bears continue occur.
but this is an opportunity and actually from now on it has become a good opportunity because after a decline there will always be a significant increase

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TravelMug
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January 30, 2022, 04:54:50 AM
 #83

The recoveries that you guys are seeing now aren't real, the road ahead is still going downward, do not be fooled with those little recoveries because it's like denying that bear market never existed, no amount of money can stop bear market from happening cos this is always the natural way in crypto world.
The current resistance signifies the market is not a real recovery as it is recovering from the decline in high market panic since the whales have hit a low point, the market has stabilized this week but I'm speculating the market will be volatile in mid-February although to be honest I don't want to see the market fall below $30k.

Maybe it's the best time to accumulate. Resistance will always be present in the market, and I would say that it is $40k. We are close to breaking it last week if I'm not mistaken as the price goes to $38k-$39k. But I guess it's too much a barrier, nevertheless I have no doubt that it can be done next month February and we can sustain that run and we wouldn't be in the $30k'ish price.

Smart investors knows when to sell and when to buy. So when the prices goes down to $32k for sure whales and institutions have bought huge amount of BTC and they are in a profit already because the price is going to $38k.

But as you have said, the big target is $40k. This is the big barrier right and hopefully we can go over that hump next month. It's already the end of January, and it's not as bad as we picture it. At least the price didn't go down hard to $30k but instead remains above it and then have the chance for $40k attempt next month.

R


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aylabadia05
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January 30, 2022, 11:36:50 AM
 #84

The chart looks green in just a matter of 24 hours and at a matter of weeks, conditions are still red based on what is seen on the coinmarketcap website for today. However, the market is starting to have some potential to pick up again in my opinion and there will be a big improvement this year.
for a longer timeframe it would be very possible but I think for now and this week we may still see them in decline and even I still feel that this is not a decline that is indeed their last point and will definitely continue to decline again as time goes on time.
But for this year indeed I still feel that they will reach their New ATH again, 2022 has just ended in the first month meaning there are still 11 months left and that is enough time for them to return to a positive trend
Positive possibilities will exist in this year especially Bitcoin. But usually the chart will fall again in the middle of a correction market condition. Opportunities for coins to reach new ATH this year are still open considering that there is still a long time as you stated.
Chart going down is still possible because there are many opinions that bearish will still occur and even if you look at it I feel very confident that this is not the latest decline and their price will still fall to at least $20k if the bears continue occur.
but this is an opportunity and actually from now on it has become a good opportunity because after a decline there will always be a significant increase
It won't end up at $20K. If the decline continues, the chart will only reach $30K. The chart will improve again when the market developments start to look green again. I believe that this decline will end soon.

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Davian144
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January 30, 2022, 12:15:39 PM
 #85

It won't end up at $20K. If the decline continues, the chart will only reach $30K. The chart will improve again when the market developments start to look green again. I believe that this decline will end soon.
Now almost all coins are starting to look a little better with an increase in the market although it is not worth saying bull but at least it has improved slightly from the previous decline in price.
And for people who want to enter the market to trade or invest it is also still very feasible and good to take advantage of before the prices of all coins return to expensive charts.
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January 30, 2022, 12:19:42 PM
 #86

It won't end up at $20K. If the decline continues, the chart will only reach $30K. The chart will improve again when the market developments start to look green again. I believe that this decline will end soon.
Now almost all coins are starting to look a little better with an increase in the market although it is not worth saying bull but at least it has improved slightly from the previous decline in price.
And for people who want to enter the market to trade or invest it is also still very feasible and good to take advantage of before the prices of all coins return to expensive charts.
There's a slight recovering happening but I don't think it's convincing enough to call that the market is back to the bullish trend. Let's observe if it will continue to rise, if it will break $40k, then most likely the correction is over and we can again expect an uptrend.

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January 30, 2022, 01:02:49 PM
 #87

Now almost all coins are starting to look a little better with an increase in the market although it is not worth saying bull but at least it has improved slightly from the previous decline in price.
And for people who want to enter the market to trade or invest it is also still very feasible and good to take advantage of before the prices of all coins return to expensive charts.
Yes, it's way better to see that the market has recovered from that huge correction. With at least this sight that we see, we can say that the market is getting better.
Although for some, it's not enough but you don't expect a lot when the market has dropped dramatically. We can only hope for the recovery gradually and that's more than enough if we see it happen day by day.

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Similificator
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January 30, 2022, 02:31:26 PM
 #88

If I were to really choose between bull or bear when looking at the current market movement, I'd say we are close to bearish but still bullish. Although peoplay say that we have been bearsh in the past months, it is obvious that the percentage of drops cannot be compared to the largest in the past. As what I see it right now, we are in a mini cycle of tiny bull and tiny bear. We may drop to as low as 33k or even 28k but to he honest I really don't see it going back below 34k anymore. Oh well, not a financial advice. I myself am staying away right now from futures and focusing on DCA on spot.
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January 30, 2022, 02:52:57 PM
 #89

It's still part of the cycle but I don't think we're on the bull run. I'm sure that the price would still drop since we're in the correction period. If you're having confusions, you could actually look back on the previous movements of the market and you'll see how it works. The market will always recover and I must say that it's still in a good state at the moment.
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January 30, 2022, 03:14:08 PM
 #90

it is true that currently the crypto market has undergone a slight change where most of the coins have turned green, although this situation is not certain to last, but I think this is a very positive signal for us to buy coins at relatively low prices, hopefully this recovery really real and we can see a bull run market is really going to happen.

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January 30, 2022, 03:33:14 PM
 #91

I've seen a lot of alts on this day making green wherein seems the bearish is getting weaker. Perhaps if market keep showing the same thing for couple of days bull will gonna take over the market again in my personal opinion, because it's been how many weeks it's red and suddenly most of my favourites alts turn into green and gave me profits this day using scalping strategy.. What do you think guys is this the start of bullrun or just a sign that soon will be another season?

Ypu are talking in days and weeks.  Bull and bear markets last in the months and years.  You don't go a couple days of green and think that's the end of it.  This bear is going to be long and slow with some dramatic days sprinkled in.  My guess is we don't get back into another bull rally until we'll past the next bitcoin halving.

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January 30, 2022, 06:42:02 PM
 #92

although the crypto market has started to improve where all coins have turned green, but in my opinion the bullrun has not returned, it is still too early to say the crypto market has entered a bullrun, because this is still a process and the market could drop again, but this is a sign that the correction period has entered the stage end, and let's get ready to see crypto skyrocket, of course we have to prepare the provisions to make profits in the next few months.

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January 30, 2022, 08:26:41 PM
 #93

after a few weeks ago the market fell and now it's starting to rise again I think it's time to go back up because as usual after the market correction there will definitely be another increase but is this a sign of the beginning of the bull market I think yes this is the start of the bull market and maybe the next few months will increase rapidly.
It is true that we have seen some recovery in the price of bitcoin and other altcoins, however it is too soon to try to read too much into it and assume this is the beginning of yet another bull run, let the market play itself and tell us what direction it is to take, I say this because bitcoin is now having problems surpassing its previous support level at 40k, and as long as this is the case then any claims of a new bull market seem hollow to me.
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January 31, 2022, 03:16:03 AM
 #94

Yes, it's way better to see that the market has recovered from that huge correction. With at least this sight that we see, we can say that the market is getting better.
Although for some, it's not enough but you don't expect a lot when the market has dropped dramatically. We can only hope for the recovery gradually and that's more than enough if we see it happen day by day.
Now the market reversal has also occurred again with a correction within a few percent again, but it would also be very good if this correction becomes a better springboard for further increases which will eventually make the market recover within this year.
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January 31, 2022, 03:49:42 AM
 #95

I will like to see the market have separate growth from different sectors and it looks like that have started to take place overtime Looking at NFTs I think they have their own different market now as more and more jpegs continues to do more gains than in the crypocurrencies sectors though you should be very careful with your investment there

What happens is that both projects that are developed in different networks, the NFTs, and others that are beginning to be developed, will all depend on the value and price of BTC, it is very difficult or almost impossible for a currency to emerge that has a life of its own as it is BTC, NFT games went under and one of the reasons was because of the drop in the price of BTC, of course apart from many scams and pyramid schemes that emerged, however there is a slight possibility or hope that everything will recover through the metaverses.

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January 31, 2022, 04:18:57 AM
 #96

Yes, it's way better to see that the market has recovered from that huge correction. With at least this sight that we see, we can say that the market is getting better.
Although for some, it's not enough but you don't expect a lot when the market has dropped dramatically. We can only hope for the recovery gradually and that's more than enough if we see it happen day by day.
Now the market reversal has also occurred again with a correction within a few percent again, but it would also be very good if this correction becomes a better springboard for further increases which will eventually make the market recover within this year.

If we saw a sudden increase in prices after such sharp drops, we could talk about a correction. At the moment, we are observing a continuing downward trend with slight increases. Unless there is a sharp change in trend, the downturns can last for a long time. Even as in 2018, for several months.

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January 31, 2022, 07:24:34 PM
 #97

after a few weeks ago the market fell and now it's starting to rise again I think it's time to go back up because as usual after the market correction there will definitely be another increase but is this a sign of the beginning of the bull market I think yes this is the start of the bull market and maybe the next few months will increase rapidly.
It is true that we have seen some recovery in the price of bitcoin and other altcoins, however it is too soon to try to read too much into it and assume this is the beginning of yet another bull run, let the market play itself and tell us what direction it is to take, I say this because bitcoin is now having problems surpassing its previous support level at 40k, and as long as this is the case then any claims of a new bull market seem hollow to me.


We need to consider other reason on why the market is now trying to bounce back after that deep correction. We have to be more

precise when deciding and positioning our investment, there's always good reason behind any market movement and allowing yourself to

analyze and track those are good for your decision making. With good understanding, you can decide whether to short the market or continue

on your long-term journey.
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January 31, 2022, 07:48:16 PM
 #98

Currently the market is slowly starting to improve, where there has been a recovery from BTC and most of the other altcoins, but I think it's still too early to say if the bulls have returned, because I think the situation is still very vulnerable to going down, because at the moment the crypto market is still very unstable,

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January 31, 2022, 08:07:11 PM
 #99

Currently the market is slowly starting to improve, where there has been a recovery from BTC and most of the other altcoins, but I think it's still too early to say if the bulls have returned, because I think the situation is still very vulnerable to going down, because at the moment the crypto market is still very unstable,

I totally agree. Everything indicates that it may be a bull trap. Of course I hope the prices will only start to rise for the new ATH, but we need to be realistic. The cryptocurrency bear market is nothing new, so we need to be prepared for everything.

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January 31, 2022, 08:52:21 PM
 #100

I would definitely recommend not selling. This is a fix. The bear market has never been this green. Smiley By the way, the fact that most countries impose tax on crypto trading brought the situation here. In time, the real crypto market will form.
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