Bitcoin in Rocket 🚀 mood.

[Slow death]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

The media also plays a big role in creating the hype for the bull run or make us lose all hopes when the price is moving downwards. The twiiter, facebook crypto groups, the telegram groups all contribute to develop this kind of mood and when btcoin does not move like a rocket, its creates panic and frustrations among the holders.
We need to be realistic and look at the long term aspect on the bitcoin bullishness.

social media nowadays are not literally helping people in right manner instead those has been used for abuse and negativities.
even scammers and liars are luring around social media and trolls as well, so best not to just listen to social medias but find your answers in legit sites that explains them all.
Rocket mood is not happening now and may not be coming any time soon as the market is showing weakening and may have a drop badly in the following days or weeks.

talking about this subject, one of the very sad things that I have often seen on youtube are people who create youtube channels to talk about bitcoin something that would even be good but if they talk about credible and true information, these people keep talking about ponzi scheme and also about bounty scam sites, something very sad, if a channel has more than 5000 members we are talking that at least more than 500 will be falling for these scams

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[Baofeng]

What about now that the price drops back to 41k , so where is the strengthened here? and where is the recovering? i find it nothing there?

Ha,,, how is this not a good thing that Bitcoin has recovered to above 40k and now stayed there for over one week? This is not nothing, this is a great show of how strong the levels can be above 40k despite price being 33k not so long ago.

It would be highly unhealthy to grow above 33k to 45k and then keep growing right?

Still a healthy movement though, reaching $43k and have a higher chance of breaking $44k-$45k this month. So I guess the strength is still there no matter what the FUD or what geo-politics is (a Russia vs Ukraine confrontation). At least so far, we are not affected by any news and on the contrary the price slowly picking up in the middle of the month.

[leea-1334]

It would be highly unhealthy to grow above 33k to 45k and then keep growing right?

Still a healthy movement though, reaching $43k and have a higher chance of breaking $44k-$45k this month. So I guess the strength is still there no matter what the FUD or what geo-politics is (a Russia vs Ukraine confrontation). At least so far, we are not affected by any news and on the contrary the price slowly picking up in the middle of the month.

Russia v Ukraine is a difficult one for me to understand how it will impact but in general wars are not good for the economy, never for stock markets. Instability is the pure enemy for markets so if the invasion really happens,,, it is bad news for many months I would say.

Oil will be the only thing going up in the post-invasion scenario if Russia holds all the reserves.

[TravelMug]

Bitcoin price increase day by day and today touched $44k+.Previous week bitcoin price around $40k+ but this week bitcoin price growing. And all coin price growing up and market is green now.I think It's big chance to hit bitcoin will reach $50k+ this month. I Think bitcoin need to just positive momentum at the markt.I hope bitcoin price will be more increase and more development in this year.

Yeah, but we are still far cry from the rocket that the OP has describing, yes it's good that we are somewhat in the range of $50k'ish, but there are barriers along the way. I know that we did touch $45k, but just for a brief moment. So let's not talk about $50k, we should be looking at $45k-$48k barrier in the short term.

[lienfaye]

Bitcoin price increase day by day and today touched $44k+.Previous week bitcoin price around $40k+ but this week bitcoin price growing. And all coin price growing up and market is green now.I think It's big chance to hit bitcoin will reach $50k+ this month. I Think bitcoin need to just positive momentum at the markt.I hope bitcoin price will be more increase and more development in this year.

Yeah, but we are still far cry from the rocket that the OP has describing, yes it's good that we are somewhat in the range of $50k'ish, but there are barriers along the way. I know that we did touch $45k, but just for a brief moment. So let's not talk about $50k, we should be looking at $45k-$48k barrier in the short term.

The movement of Bitcoin now is way better, correction is happening but the price is still bouncing back. We might not hold the $45k price for long but its a good indication that the market is recovering slowly.

Anyway I dont think we can reach the $50k price for this month because there's no consistent increase. However we know there's always a possibility for that to happen. The problem is some investors are taking profit for short term. It might be the reason why the upward movement this past few days are often followed by a declined.

[lizarder]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market for now there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

[Wiwo]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

[antmex]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

[arwin100]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

But before that to happen maybe we need to look at the global issues happening since if there's still tension happening for example with Ukraine and Russia then maybe bitcoin might possibly affected on it since it can create crisis after all. But once they pass thru that situation without going into war maybe we can get back to its natural movements and might we see it recovered.

[Oasisman]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

If Bitcoin continues the same movement, this could mean that the next recovery will break the resistance level and might stabilized around the region of $50k after the first quarter of the year.
I wasn't really expecting that Bitcoin didn't really had the sharpest correction like the 2018 bear season. All I can see now is Bitcoin gradually heading an upward movement that will possibly move closer to the ATH.

[Chato1977]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

That is really a sad news , another fall from 44k down to 41k? meaning the possibilites of dropping back to 30k level once again? I May sell now and Buy again there? 

____________________________________
still bitcoin does not having a MOOD of Rocket instead this shows another chance to dump back.

[Maslate]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

That is really a sad news , another fall from 44k down to 41k? meaning the possibilites of dropping back to 30k level once again? I May sell now and Buy again there? 

____________________________________
still bitcoin does not having a MOOD of Rocket instead this shows another chance to dump back.

Meaning, it gives us another chance to buy at a cheaper price as the same thing possibly happens, it surges back high after this short correction. By taking this opportunity, we are simply making a way to gain more and got to understand that the market will move in a very unpredictable trend. And we have to understand that the market trend will not be always at high, drops is still inevitable that we need to be prepare all the time of possible.

We don't have to miss this again, otherwise regrets later.

[arufox]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

[Jating]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short term, as we could bounce back again and try to test $45k late next week.

[Wiwo]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short-term, as we could bounce back again and try to test $45k late next week.

That's right in the last three days the cryptocurrency market has been on a declining trend but in the previous week, there were bullish signs, so much news has pushed the price of bitcoin to what it is today but am not given up on the possibility of Bitcoin bouncing back to $45k or above as it did in the last two weeks. The price can move in whatever direction the trend goes and that how volatile the market can be, in the last 12 hours Bitcoin relied so much on around 40,300 prices and it moving below that now let's hope it doesn't correct back to 30k price as it did a couple of weeks back.

[coolcoinz]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short term, as we could bounce back again and try to test $45k late next week.

Which is a huge overreaction. First of all, there's no war at this point, just tension on the border, yet the market drops 10%. Another thing is that the world is huge and these two countries aren't 10% of world's GDP. Russia itself is estimated to have a 3% share, but if it were to invade Ukraine, you'd probably get a crash on the global markets. If an invasion crash happens it's going to be a n enormous opportunity to invest. Remember that bitcoin is a global decentralized currency. Do you think that people in Africa or India care if Russia has a land access to Crimea or not? They'll still use their bitcoins regardless of the outcome.

[Uang_kartal]

It's a big jump where the bitcoin price is again trading in the $43K range. This area can be a determinant of Bitcoin's future direction. The current area has the potential to be a strong resistance for Bitcoin at the moment. If the $43K area is able to stay it's a confirmation that Bicoin is ready for its Bull trend again. May this hike be a beautiful moment for all of us.

Maybe, that's the hope we can all get back to that level, half the success of bitcoin has disappeared from the very good ATH. Of course I agree with other friends and you too.
Behind the price which is quite pensive, if indeed a jump is needed, will it only affect countries that adopt bitcoin as a means of payment for that country? It takes time to thoroughly program in several countries in the future for a consideration, I am quite sure and optimistic about this will happen but slowly and gradually. for a digital exchange asset for the common people.

Some important news that happened and the market day to day, I hope bearish and price stability rebounded.