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Author Topic: The long term way is down  (Read 801 times)
traderethereum
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February 24, 2022, 03:01:07 AM
 #61

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, we are in the bear market now, but I will call this a correction because the price seems to sustain for the worst.
If you are confused, you better not enter the market and not force you to buy any coins because that can make you buy at a high price.
You should have more patience waiting for the situation to back to normal to analyze the market.
The recoveries will always try to make the price lift. Although it seems hard to do, we know that bitcoin is strong enough to rise from the bottom.
Still looks not chance for Bitcoin can touch all time high on this years because have been dominance for bitcoin last two years with always make new all time high, have possibility with cycle where bitcoin halving impact waiting for can reach all time high again for bitcoin. Looks need three years later for bitcoin back to top price. Still with my assumption only looking how bitcoin chart and price last tow months on this year. Not any possibility for bitcoin can reach higher price although not any bad issues publish by United State and China as countries not support with bitcoin.
It seems so because the price is back down again after yesterday's gain and is holding at $37k.
We don't know if the price can stay at $37k or go back down again as there are no definite clues about that.
Hopefully, there won't be a need to wait until three years later for bitcoin to return to its highest price or if that's the case, we can just be more patient to wait.
We are almost seeing the end of the month and hopefully, in the next month, the bitcoin price can get a long rally to climb back up.
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February 24, 2022, 03:20:16 AM
 #62

Since entering 2022 Bitcoin has indeed shown a downward trend even though it has only been up for a while, and now it could be because the world economy is also in a bad condition, Bitcoin will also be affected. But we can't speculate right now, since the correction is still going on for Bitcoin, we'll see near the end of the year if Bitcoin can hit a new ATH.

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February 24, 2022, 03:36:38 AM
 #63

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 wrong. On the long run you think the price goes down? Have you looked at the charts? Zoom out and you will see that the price in the long run has always gone up. What you are looking at right now is the short term price of bitcoin. The price has already gone up a lot and we can't expect the price to keep on going up every day. This is how the market works. We have bullish market and then we have a bearish market. But after every bullish and bearish market, we always reach a support point. So the price won't keep on going down. It will reach a point where it won't go any further below. Will stay there for a while and then the bullish trend will start all over again.

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February 24, 2022, 03:41:17 AM
 #64

Since entering 2022 Bitcoin has indeed shown a downward trend even though it has only been up for a while, and now it could be because the world economy is also in a bad condition, Bitcoin will also be affected. But we can't speculate right now, since the correction is still going on for Bitcoin, we'll see near the end of the year if Bitcoin can hit a new ATH.
It seems that it will be very difficult to achieve new ATH on Bitcoin if you look at the current conditions because you can also see for yourself at the highest ATH point that Bitcoin has ever reached and try to compare it with the lowest point ever reached this year, it must look very far and also won't be able to get new ATH any time soon including this year too.

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February 24, 2022, 08:57:07 AM
 #65

Looks like will be long was is down for bitcoin and altcoin price after today announce about new war between Russia and Ukraine, I think this why happen with bitcoin price today suddenly drop drastically from $40,000 to be $34,000 and still down right now before war can't stop. Despite about war I think not only as cryptocurrency drastically down but also stock keep going down until have ceasefire between Russia and Ukraine, I think if both site keep going on with war will have bad possibility in this year with bitcoin and altcoin price keep going down and never see again with all time high reach by bitcoin.

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February 24, 2022, 11:03:44 AM
 #66

Seeing the current conditions with correction conditions that occur all the time makes the red market a bit heavy and it takes time even though Bitcoin is often red in March. My view is that if all is well and supported by healthy news, the market will return to normal and try to pay attention to conditions in April, April is the best month for Bitcoin based on the historical table of BTC monthly returns.

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February 24, 2022, 11:32:15 AM
 #67

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's hard to guess and make predictions for bitcoin this year, let alone talk about the achievement of ATH, I'm sure bitcoin will return to normal, but I'm not sure when it will continue, the achievement of ATH usually applies if the initial price has stabilized or strengthened suddenly, but currently the condition of bitcoin is still stagnant, there is no significant price change, which certainly everyone expects bitcoin to reach a new ATH, but we do not know when that achievement will continue.

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February 24, 2022, 11:44:02 AM
 #68

Of course we will face a bear market if we invest long term, but it's not as big investors, the profits must be longer, but we can enjoy it as a well-known investor. In contrast to traders who take the short to medium term.
Traders always have a different concept from investors where investors tend to hold on for a long time and let go when they reach the target they want while investing. And in general now it is still worth buying and holding good coins to find profit in the long term

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February 24, 2022, 01:38:40 PM
 #69

Currently the price of bitcoin and altcoins is declining, but we can not be sure that this will last long, and currently the price of coins is still slightly increased although for today the price is back down, and to reach the new ATH we can not be sure because this year's journey is still long and could be later in the year the price of bitcoin and altcoins will again reach the highest value as it has in 2021, In terms of the current price we believe the current price will not last long and all will return to normal.

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February 24, 2022, 03:07:13 PM
 #70

Now BTC is going through the biggest support.  So far, I don't see the possibility of the British going downhill.  If this support 34000 crosses it down then BTC will go further down and the real market will stay at the bottom once below it.  It is expected that BTC support will be maintained at all times. This is the biggest support place. It is hoped that if this place is occupied, other coins and tokens will run in good places in the crypto market.  Everyone is looking at this place of BTC, how he will face BTC next.
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February 24, 2022, 03:55:25 PM
 #71

I think we have entered a bearish period like 2018. This year, I predict the bitcoin price will likely continue to fall, the drop could go up to around $30k. We should hold, now is not the time to sell.
As you mentioned: the participation of the major players in the market, I expect the market will not fall for too long like 2018. I hope the market won't fall for too long and will go up again soon.
I do not think that we are in a 2018 type of situation. In 2018 we didn't have any proper increases like that we had this year and we are just finishing the first 2 months. We have 10 more months and we already started under 40k, reached above 40k and went super high, then dropped under 40k again.

I feel like it is not going to be 2018 but it already is showing that it hasn't been like that for the time being. Doesn't mean that it can't be, the rest of this 10 months could be like 2018 and the price could crash and have a bad year, but I seriously doubt that to happen as well. I believe that we could be having a great year with some volatility. Like could be 70k+ this year as well, or could be under 30k at the same year and that would be not impossible for sure.
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February 24, 2022, 05:25:54 PM
 #72

Of course we will face a bear market if we invest long term, but it's not as big investors, the profits must be longer, but we can enjoy it as a well-known investor. In contrast to traders who take the short to medium term.
It won't work for sure. Shorting is too risky right now with the possibility for bitcoin to go even deeper. Anything can happen anytime. The market can face another crash again once rusia - ukraine problem will be giving another bad news again. the war already started and people are buying gold to save their assets from the dump that happened in the various sector. Remember the world war will be also triggering a very big crisis for all of things that ever exist in the world. This will be putting people in a very difficult situation caused by they must survive with what they have in their pocket. this makes people try to think for the second time before try to re invest their money in the crypto.
The situation is a very difficult to be understand.

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February 24, 2022, 10:56:30 PM
 #73

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..
It is true that the circumstances are not optimal for bitcoin, especially now that a war is underway, however bitcoin is incredibly strong and people are forgetting how fast it can move upwards, for example when the pandemic became unstoppable the price went down but then it quickly recovered and then we saw a bull market, and while it would be naive to think that would happen again, to think there is no chance to see a new ATH during this year as some people think  is being too pessimistic in my opinion.
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February 24, 2022, 11:00:01 PM
 #74

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?
2021 is not 2022 an all time high isn't meet every year, do your research, so far it's not be the year of crypto-currency and with all the crises it may not be the best Cryptocurrency year in the long run, but that's not to say it been bad, most investors pray for the dip to come in once in a while especially on crypto-currency they have strong believe in, because it's initiate the opportunity to buy more of those coins

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Jaered
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February 24, 2022, 11:10:12 PM
 #75

You could be wrong. Nobody foresaw the political crisis brewing in Ukraine and Russia, which could have serious adverse effects on crypto and other financial instruments. Also remember bitcoin can be overbought and jump quite high
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February 25, 2022, 04:13:30 AM
 #76

Price correction will always occur when new ATH is reached, if you look at Bitcoin price history, then new ATH at $20k in 2017 is strong support then in 2021 it will reach $62k usd. the current price drop is still normal as Bitcoin continues to strengthen at a price of $35k to $40k usd. this is Bitcoin price support and we will see a price increase or new ATH during the Bitcoin Halving

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February 25, 2022, 04:55:54 AM
 #77

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?
To achieve a new ATH this year for bitcoin is quite difficult, considering the market is still in the stage of a severe correction, even recently bitcoin is back down, perhaps the most appropriate is strengthening, because this is more likely to happen than achieving a new ATH, but anything can happen in crypto without us realizing it, hopefully a new ATH will be achieved, but the most important thing is that bitcoin must strengthen this year
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February 25, 2022, 05:51:14 AM
 #78

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 possibility of bitcoin reaching a new ATH is very open, as long as the market returns to its normal path even though it doesn't strengthen that much, but the problem is that recently bitcoin is back down at a very fast time, is this a bullish sign or a bear market will re-emerge until next month, it is difficult to make predictions for bitcoin at this time, because the market can change so quickly without being predicted, let alone the tensions between the two countries that are currently being discussed, have an effect on the journey of crypto

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February 25, 2022, 10:42:19 AM
 #79

Price correction will always occur when new ATH is reached, if you look at Bitcoin price history, then new ATH at $20k in 2017 is strong support then in 2021 it will reach $62k usd. the current price drop is still normal as Bitcoin continues to strengthen at a price of $35k to $40k usd. this is Bitcoin price support and we will see a price increase or new ATH during the Bitcoin Halving
If you look at the price decline for bitcoin, it has not been too severe, when compared to the previous year, because price support is still stable at $35k-$40k, most of the new ATH achievements are after a big correction, meaning that after that there will be a strengthening to reach new ATH, but for this year it is difficult to make predictions for the price of bitcoin, let alone predict what month's ATH achievement, but I think for the next month there will be changes

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February 25, 2022, 12:13:50 PM
 #80

Of course we will face a bear market if we invest long term, but it's not as big investors, the profits must be longer, but we can enjoy it as a well-known investor. In contrast to traders who take the short to medium term.

After the fall of the market, it will be a rise of the market. It is necessary just to wait till the rise of the market.
Also thanks to cryptocurrency it is possible to invest in assets that will not lose their price and are more stable than cryptocurrency.
Such as real estate  https://twitter.com/Z1financial_/status/1496371114175565824
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