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Author Topic: The long term way is down  (Read 801 times)
Rengga Jati
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February 21, 2022, 11:51:35 PM
 #21

So, what do you think personally? Believe in Bitcoin ATH again or not?
Actually, it is unpredictable to see how the market is ongoing currently since the end of 2021. Many predictions about the new ATH will come still don't meet. Additionally, we are also still experiencing a very volatile market of Bitcoin, seems like bearish era of Bitcoin and altcoins are still ongoing. Not high increase, but significant drop.
If we are expecting Bitcoin for a long-term investment, we may not be confused anymore because we will be waiting for the next bullish era to meet the next ATH in both this year or even several years later. So, long term for BItcoin still works very well.
But if we are expecting for the short investment to wait for the ATH to be done during this year, it is still unpredicatble. Maybe yes, maybe not

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February 21, 2022, 11:59:18 PM
 #22

Yes, we can see that Bitcoin has been declining for some time now. In this way, if it continues to go down, then bitcoin will decrease a lot.We don't see that Bitcoin has been going down for a long time now but it hasn't started growing like that. Many people think that Bitcoin will go down further and maybe 20k.If it continues to decline in this way, the cryptocurrency may collapse in a big way.
It looks like a bear is coming but I would like to believe it's just a normal thing that would try to make the institutional investors to buy low since Bitcoin has been pumping a lot lately. We could actually see the $30k again here if this will continue or worst below $30k then it's a winter time for Bitcoin.

Just HODL what you can hodl during this time I still believe there's a chance it will bounce back to break another ATH. How I wish this will give as a chance to buy low or sell high again.

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February 22, 2022, 04:30:00 AM
 #23

yup! i think it's true.
like what happened a few years ago, i think what happened in the past will repeat itself at this time.

slowly but surely the market will continue to go down.
it's time to be careful, but don't miss this opportunity as pumps and dumps happen in a short time. we can make short term investments to raise more money and be prepared to buy back when the market bottoms out.
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February 22, 2022, 06:12:08 AM
 #24

I'm not confused that BTC will reach a new ATH this year
No but you can expect this for next year or after another bitcoin halving to come which was around 2024 and that's 2 years from now. No ATH this year and believe it. take a look at the current candle and you may see that if bitcoin is in another big bearish trend. it's sad to say that even some predictions predicted if Ethereum will be wiped out from the market.
We may be so lucky if we will able to see another ATH this year but im very doubt this will be happening.

anymore since we entered 2022 every recoveries are not strong,
The wrong this from you expecting the strong recovery during the crypto winter is a big mistake.

on the long run the way is always down, what do you think? I'm i wrong or right?
You're right. Crypto will be going down for long term.

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February 22, 2022, 06:34:29 AM
 #25

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?
So what are you looking for in this market, do you want it to always happen according to your wishes?
Or have you come to terms with the facts that are happening, everyone wants a good future for the market but that doesn't mean it has to go up all the time, corrections take place to get rid of people or things no longer suitable for the market (or maybe in a certain sense depending on each person's opinion) .
Don't trust anything when you don't understand it, I think you should have a more relaxed view of the market no matter what the future plays out, always be satisfied and happy with it.

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February 22, 2022, 08:57:14 AM
 #26

currently we are in a bearish trend, it’s only normal if the market always looks grim or you could say that majority of the market movements will just be full of market correction.
if you widen your horizon over your chart analyzation you could see that we are still quite far higher than the valuation in the past even if we has experienced so many market correction and currently the market has lost quite significant amount of market capitalization.
once the trend has finally changing its direction you could see the same joyful market movement that brings nothing else but more and more bullish run, it’s all just the trend and it’s also the perfect moment for accumulating if you’re conscious of the current market trend.
You can compare the dump that happens right now with another dump that already occured in 2020. it has almost the same candle. It was going up but go down again but this may become the end of dump.

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February 22, 2022, 09:03:21 AM
 #27

last year bitcoin actually had ATH, I think btc will come back ath in 3 years, like waiting from 2018 to 2021. But the cryptocurrency trend is quite strong now, bitcoin may continue to grow ATH will occur every year until the supply runs out of mined.
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February 22, 2022, 09:47:14 AM
 #28

Personally, I believe that the cryptocurrency market is always unpredictable and the price may go down, or it may go up. So at the moment the price of bitcoin is going down a bit, but that cannot mean that the price of bitcoin will hit a big low in 2022. So, according to my forecast, I can say that Bitcoin will soon again surprise us with its new peaks.
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February 22, 2022, 10:50:42 AM
 #29

Every year bitcoin continues to grow, the bear period will not be the same as 2018 which has to wait every year, because bitcoin's growth is very fast, many people are familiar with investing and the benefits of cryptocurrency. I'm sure the long term will lead to big gains, not downsides.

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February 22, 2022, 03:58:03 PM
 #30

I think we are in a bear market now, if we know the four year cycle of BTC, we will understand that the bear market has started from the beginning of this year.
Take a look at the 2021 chart, that is the end of the bull market in a four year cycle, then the bears will run in the next two years, then the bulls will try again to lead in the third year and then the fourth year next is the top of the bullrun, then the market will be bearish again and so on if according to the cycle.
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February 22, 2022, 04:16:15 PM
 #31

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 should review this confused  are you referring to convinced as confused. If that be the case bitcoin is for hodlers. Demand and supply moves the market. many years back no one believed bitcoin will make an ATH of $1k not to talk of how much value bitcoin has added. january and febuary are mostly bearish so i don't think there is a cause to panic
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February 22, 2022, 04:21:41 PM
 #32

You mean Bitcoin will reach a new ATH but it will never stay there for a long time? Is that right?
It always happens, it never stays there. But, how much of a price are you looking at now? 36k? Do you know how much it is 10 years ago? Check it.
It does stay high but it takes a long period of time. You are just saying this because you might be in panic. Try to calm your emotions for now because that might be clouding your decision making.
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February 22, 2022, 04:23:51 PM
 #33

We'll see what will happen until mid-March. At the beginning of March Bitcoin saw an increase in price, so this year I think there will definitely be a surprise for Bitcoin. I'm not saying Bitcoin will hit a new ATH, but surprises are bound to happen.
Hopefully, all will turn out well in early or mid-March. I'm also expecting a surprise from bitcoin and I'm sure it will happen and as long as we can be patient, we will get a chance to sell bitcoin at the next high. So before that happens, we can use it to buy at low prices. But you need to be careful because the market is now still at a downtrend.

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February 22, 2022, 04:59:00 PM
 #34

I think we are in a bear market now, if we know the four year cycle of BTC, we will understand that the bear market has started from the beginning of this year.
Take a look at the 2021 chart, that is the end of the bull market in a four year cycle, then the bears will run in the next two years, then the bulls will try again to lead in the third year and then the fourth year next is the top of the bullrun, then the market will be bearish again and so on if according to the cycle.
Cycle is always rhythmic, I've looked at the chart every time but history will not repeat itself we may see something else happen in this bear market phase. Although I also believe that 2025 or at least 3 years from now we will see bullishness, but the chart may be different this time bear market will not dominate for the next 2 years.

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February 22, 2022, 05:26:54 PM
 #35

Don't underestimate bitcoin bro because everytime when the value is getting cheaper its getting more attention as well from some big investors reason after bearish season there's always a massive demand in the market.

Just don't base in it's situation because that's part of the cycle in the market. Take a look on the graph instead if you want to make a prediction..
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February 22, 2022, 05:42:11 PM
 #36

Depending on the long term for you, maybe you are talking about six months only, which could be the "long term" for you. And I don't think it will be reaching ATH at this time frame, but if you include years and years of it, it will be higher than the ATH. That's just being optimistic about it because I believe in it.

Just keep on purchasing and buying. That's going to be the best approach to it.

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February 22, 2022, 05:46:13 PM
 #37

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 should review this confused  are you referring to convinced as confused. If that be the case bitcoin is for hodlers. Demand and supply moves the market. many years back no one believed bitcoin will make an ATH of $1k not to talk of how much value bitcoin has added. january and febuary are mostly bearish so i don't think there is a cause to panic
Perhaps. That will change the meaning of the sentence if that is what the OP is implying. Auto-correct or auto-fill if he is using a smartphone might have wrecked what he wanted to say. If that's the case, I guess OP is just rushing things considering we just entered 2022. It had just been two months and we might have not even seen the worst.
I am used to seeing Bitcoin go down drastically and I bet anyone who had been following it does so. Then, it just goes back up with unexplained events.
If you have been through those times, this is nothing.

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February 22, 2022, 05:53:30 PM
 #38

Long term depending when you entry or invested with your altcoin or bitcoin, if you entry when bitcoin drop under $37,000 I think is not looks long term with market down. I have been very long term because entry when bitcoin touch higher price last several moths and become most loyal holder right now after price down. I don't have planning to be long term holder but situation make me have to do and hold my altcoin assets, if not cut loss is most terrible for me because almost 60% loss from my assets, what have to do jut become long term holder or investor still waiting market good condition again.

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February 22, 2022, 06:17:52 PM
 #39

No one knows, but most still wouldn't be too convinced by your statement that this year will meet again with the ATH we just went through. Meanwhile, when viewed from the Bitcoin Halving, the ATH process is achieved once every 4 years. Maybe it's not a permanent benchmark, but there's nothing wrong as long as the concept still shows Bitcoin ATH is always on a line that is not far from the 4 year timeframe.
Now, massive adoption is still underway, and for now, the bear market is slowly approaching March. Keep doing the analysis calculations as much as possible, don't just rely on trust if there is no strong support.

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February 22, 2022, 07:36:48 PM
 #40

I am used to seeing Bitcoin go down drastically and I bet anyone who had been following it does so. Then, it just goes back up with unexplained events.
If you have been through those times, this is nothing.

Its just a matter of a few tweets from some influential people like Elon Musk for bitcoin to go down or up in price. A tweet in support and the price goes up and vice versa.

Demand and supply moves the market. many years back no one believed bitcoin will make an ATH of $1k not to talk of how much value bitcoin has added. january and febuary are mostly bearish so i don't think there is a cause to panic
Referring to the 10k BTC pizza scene, no one would have believed either that a person could actually buy 2 pizza for 10k BTC. No one could have actually thought that the price would rise to such an extent that buying a whole bitcoin could not be possible for the general population and even now bitcoin is still a child and still a lot of growth is happening. But the market suggests the otherwise and is only going down from the start of this year and from what I have seen, the crypto market as a whole should at least be in a bear market for at least the first half of 2022.

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