The long term way is down

[DevFile90]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

[Jackl87]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

Well the overall price movement of BTC is different depending on which time frame you are looking at. If you just look at the time from the beginning of 2022 until now then yes the overall directions in terms of the price for bitcoin is downwards with some small upwards corrections here and there but still we are at a lower price at the moment then we were back in the beginning of this year. That being said, this does not automatically mean, that a new ATH of Bitcoin is impossible to reach within this year. We still have 10 months left and i am really not an expert trader, but what i have learned so far is that everything can happen in the cryptospace and also that everything can happen pretty quickly.

[wheelz1200]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

If you are talking ever then yeah we will definitely see higher highs.  Right now with the economy the way it is and coming off the pandemic I think short term we will see a dip into the 20s possibly.

[pawanjain]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

I can only think of that the long term way is only in one direction and that is upwards.
If we see through out the history of bitcoin we can see how well it has performed over the long term.
Although we have seen sharp declines, it has been recovered well and over the long term we have seen a very good price increase in bitcoin.
Why would you say that the long term way is down for bitcoin ?

[pieppiep]

Bitcoin has a lot of opportunities to hit a new ATH again this year but it's not an easy thing because the bitcoin price is currently down again and even now, bitcoin is touching the price of $37,600. But strangely, a lot of altcoins get green candles and if the situation is like this, there is a possibility that the altcoins will start another rally and after that, bitcoin will begin to increase. It was just a prediction that could be wrong or could be right.

But in the long run, bitcoin will increase again so you don't have to be confused and just enjoy the ride. There is a recovery phase for bitcoin that we may not realize later because it could be that the price of bitcoin rises slowly to the level of $50k-$60k and after that, the price immediately rises sharply.

[sarmrakib]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

What you are saying is not clear ,first you have said that btc will recover and get a new ATH this year after that you said long term it goes down always .Really made me confuses .Whatever i just wanna clear my side that long term is always profitable if you choose the right coin .So you just need to exit when you got enough profit on that .You don't hold it when you are in good profit cause after getting a strong trend you might face bearish momentum .Market is always an uncertain place .Who had though that btc could hit ATH on several time on year 2021. I hope it will recover soon and we will see a bullish market on upcoming days .

[bitkanu]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong,

Im feeling pessimistic if bitcoin will be touching another ATH again since the market is in read and extreme fear anywhere. the recovery that happened with bitcoin last weeks can be called as a bulltrap but we are in the straight direction to go down even more as supports already broken and bitcoin goes to the bottom. People are hoping the recovery will come soon but this will not be a real thing.
So many bad news not only from the cryptocurrency but various sectors are making people feel scared. The price of gold is increasing due to this fear.

on the long run the way is always down, what do you think? I'm i wrong or right?

You may be wrong with it and you may be right about that. I can't say which the correct answer caused by the market still remain unpredictable. Sometime when i were saying you were right and market turned to be bullish again. I do believe we will be in the bearish trend until the global economic will be recovered again.

[Gozie51]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

If you are talking ever then yeah we will definitely see higher highs.  Right now with the economy the way it is and coming off the pandemic I think short term we will see a dip into the 20s possibly.

I'm also on the optimism that we are going to see highs above current ATH. Countries are gradually trying to find away around bitcoin, some legalizing and El Salvador already cool with adoption. Expect a very volatile run up when the bull resume again. Bitcoin is struggling to stay up despite the bear and I think is time to get some share of the coin.

[Ziskinberg]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

You are not wrong, and you are not right. The only way to determine if you are right or wrong is when you are already in the situation. It's important that you study the market carefully, the pump and dump are just normal, if you have entered the market during the bull run, you would really not appreciate the current situation because the price is going down, however, if you educate yourself, you'll see that the current situation is an opportunity.

[tsaroz]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

The way has always been up for BTC till date. It's been reaching new all time high and new lowest resistance every few years. Recently it has been holding its lowest resistance above 30K which is much higher than what it used to be a couple of years ago. If you look and test the graph, you can find it totally bullish. Any price below 40K is a good buy price for bitcoin. Not sure if it would reach a new ATH this year, but it would certainly happen within 4 years.

[MFahad]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

We cannot say boldly that Bitcoin will reach 100k. Some news show that it will reach 300k in few years.
For me its not hard to reach so because only 5-10% of world are trading bitcoin, if it increase to 30% we will definitely see Bitcoin at 100k. Also not any big country yet accepted Bitcoin as a payment service. If it done will go very high

[Henrobakkara]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

I don't suppose anyone can predict where the market will be by the end of the and however there have been a couple of negative news that has continued to bring the market down mainly because of fear like the current Russia and Ukraine tension, but I do however believe that Bitcoin can do better than the previously ATH this year if there is no constant negative news. 

[JeffBrad12]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

With this condition and can you still expect ATH to be reached soon? I personally didn't even think bitcoin will reach new ATH. Bitcoin will be doing sideways this year and it will be very stable. So many things are also affecting the market. Bitcoin is also less volatile compared to when it was very bullish. The long term run for bitcoin still remains a mystery. I'm always feeling bullish with bitcoin even when others are thinking bearish trends about bitcoin.
You are wrong about your prediction. The fundamental of the market shows that if crypto is more to the bearish trend rather than bullish trend.

[fuguebtc]

2020, 2021 we have experienced 2 years of the impressive growth of BTC, BTC consistently hits ATH. So I wouldn't be surprised this year bitcoin will be on a downtrend, possibly entering a long bear cycle. But who knows, if war occurs, prolonged inflation will cause a global economic crisis. Bitcoin can be a place to invest or a safe haven. then bitcoin will have a new ATH.

[blockman]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

You can be both, wrong and right.
We don't know how long this recovery would take. As if there's stopping it and it can be the possible war that's happening between Ukraine and Russia.
IMO, if it's all about long term, there's only one choice that shall reign by that time and that's going to be up.

[Sebas.tian]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

Yes, the price of bitcoin will definitely move higher before the end of this year 2022 to enable people to make a good profit from their investment. Now that the price of bitcoin has dropped to $39k few days ago, it will be better for anyone to buy more of bitcoin and hold for the market price to change positively to make a good profit. Those investors that are used to long term investment will really have a lot of income to achieve from their bitcoin investment when the price of bitcoin hit back to $75k before the end of this month of February 2022.

[S3300]

It's no surprise how fast people adapt to the present conditions of anything that's happening, when a bull market is present they wish it stays forever and they make plans based on it, they have forgotten that the crypto market is seasonal no matter how much money is entering the space.

[isaac_clarke22]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

You're neither of the two as you're just overthinking it. If you've been holding BTC for quite some year, this isn't anything new for you already. Do you recall when BTC was like down to 32k last year? I can't quite recall the exact month but it dipped like this before it went back up again.
It's just Bitcoin being Bitcoin.
I am pretty sure that this thread suits more in the Bitcoin Discussion board.

[Yaunfitda]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

We are already in a bear market, so with that, we will not see anymore all time high for bitcoin this year. And it shows that we are still in a 4 year cycle, 2017 bull run and then we have 2021. And after that epic and massive run, it's time for the bears to take the market again for 2 years. So adjust your trading strategy and buy when bitcoin is on a dip.

[Silberman]

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

It is too early to tell, it is true the price is going down and it does not seem to have the strength to sustain a long term recovery and lead us towards another ATH at the moment, however it is only February, we have ten months ahead of us and that is more than enough time for the circumstances to change in the market, so do your best to avoid making the mistake of selling your coins for a bad price, because if you do and you are wrong then not only you will miss on the potential profits you could have gotten, but in the case you want to enter the market again then the bitcoin you will get in return will be way lower than what you had.