cryptomaniac_xxx
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April 14, 2022, 10:41:38 PM |
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^^ It takes experience though to get over checking and wanting to know when is the next all time high.
So it takes time for us crypto investors, but as you go along, you will understand that everything works in cycle here. And you become somewhat not attached to it anymore, you will just have to continue to accumulate bitcoin as your own phase and then sell it if you are satisfied with your profits specially if it reaches another new all time high in the future.
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macson
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April 14, 2022, 10:59:35 PM |
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In November, Bitcoin's all time high was $68,000. Bitcoin's 2022 low was around $34,000-$35,000. Since December, Bitcoin's price has been wobbling between $35,000-$50,000. Bitcoin is recovering a bit right now but has not reached its all time high yet. Last month, Bitcoin crossed $40,000 and reached at a peak of $47,000-$48,000 to this day. It still has not rosed above $50,000 yet so there is a small chance that Bitcoin would touch $68,000 in 2023. When an economy experienced a bad recession, it would take like 1-4 years or more to recover from it. Last year in May-July, Bitcoin declined dramatically. Bitcoin lost half of its value and it took at least 3 months to recover from it. It has been at least 4 months since bitcoin was at an all-time high. This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?
Time will tell. What are your predictions of when will bitcoin recover from this decline?
if i was asked about my prediction on "when" Bitcoin will touch ATH again then i can only say i'm not a psychic who can read the future LOL. for those of you who really love bitcoin, they definitely won't bother with when bitcoin will create a new ATH, they will definitely enjoy the volatility of bitcoin prices which until now can't be erased. whenever it's for sure bitcoin will continue to make new ATH.
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Yamifoud
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April 14, 2022, 11:44:16 PM |
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^^ It takes experience though to get over checking and wanting to know when is the next all time high.
So it takes time for us crypto investors, but as you go along, you will understand that everything works in cycle here. And you become somewhat not attached to it anymore, you will just have to continue to accumulate bitcoin as your own phase and then sell it if you are satisfied with your profits specially if it reaches another new all time high in the future.
I'm still not thinking of it this year. Upon seeing the market trend, I eventually did not expect it. That you right, it comes to a cycle, we have Bullrun last year, 2022 is seemingly the opposite, a bear market. I could assume or I was right but unfortunately, the market not showing any signs of being bullish, we are still been seeing the volatile nature up and down. Indeed, this year is probably a time for accumulation, we'd never miss this chance. That I hope we see a different direction early next year or before the end of 2022 (last quarter).
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fzkto
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April 15, 2022, 05:50:59 PM |
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Classically, a new ATH at bicoin happened after the halving. The last halving was in 2020, the new ATH happened in 2021. If this logic is followed, the next peak could be seen in 2025 after the halving in 2024. Right now it does not look like we will see a high price any time soon. I would wait a few years.
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TheGreatPython
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April 15, 2022, 08:06:38 PM |
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if i was asked about my prediction on "when" Bitcoin will touch ATH again then i can only say i'm not a psychic who can read the future LOL. for those of you who really love bitcoin, they definitely won't bother with when bitcoin will create a new ATH, they will definitely enjoy the volatility of bitcoin prices which until now can't be erased. whenever it's for sure bitcoin will continue to make new ATH.
It's fine though, we aren't a psychic here as well. Just predict according to what your heart desires but what you said there is true. A true bitcoin lover doesn't complain and loves every inch of bitcoin. They enjoy the volatility because they can buy and sell at a shorter time frame's but they also have a separate coin for holding and they will only sell it by the time btc hits its all time high. Bitcoin can continue making more all time highs because that is one of its nature (to continue growing) and this will be achieve more or will be achieved easily once those countries that are not yet into bitcoin joins bitcoin. The more if they also make bitcoin as a legal tender.
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STT
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April 16, 2022, 11:59:32 PM |
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It has been at least 4 months since bitcoin was at an all-time high. 4 months is not a long time. In this immediate context I'd say BTC has once again proved its ability to recover out of a negative decline, thats important enough and there is no rush to looking at all time highs again so soon. Look at that ATH and the character at which it acted at that time. We barely made a new high and then it quickly retracted and sold ever since, that is really a quite negative indicator to sell. It was worrying for it to do that, we're over it now but I'm happy enough that we managed to recover. If you want a ATH estimate, look over years. We are discussing the tide not waves when we do so, zoom out a little because its not really a good thing to over boil the pricing on any asset and I dont want this to occur in BTC. 2023 would be plenty healthy and I dont mind if it takes more then a year to re-achieve the highest prices. Value doesnt come from the plain spot pricing, alot of the highest pricing is just hype and bubbly empty type speculative fervor, we can wait a while before that happens again. Careful what you wish for
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Chato1977
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April 17, 2022, 04:29:50 AM |
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Time will tell. What are your predictions of when will bitcoin recover from this decline?
We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up. Market will recover and will dump so either both? lets expect things to come.
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molsewid
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April 17, 2022, 07:31:24 AM |
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We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up.
Market will recover and will dump so either both? lets expect things to come.
Yes it can be considered as price correction but not totally a decline and not totally in bear market because the price resistance are keep on strong hold and that can be shown in crypto market. I don't think so when we will going to see bitcoin reaching another all time high but I am very optimistic that we will going to see it coming before the year 2022 ends. As we always expect price fluctuations happen frequently without prior notice due to different reasons and that's normal and we need to be used to it.
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arufox
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April 17, 2022, 05:40:35 PM |
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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.
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Oceat
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April 17, 2022, 07:07:02 PM |
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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.
It looks like the price would start to drop anytime soon and it could be the correction phase or is it just normal movement of the traders. If there's no news that would make the market to pump then it might decline slowly back to $30k or even below. But it's just too early to say that but most of the time it wouldn't go far below the support level so, it may or may not pump back again to reach the ATH. We can only speculate at this point and it's expected that Bitcoin is really unpredictable.
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3996
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eaLiTy
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April 17, 2022, 07:55:44 PM |
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Classically, a new ATH at bicoin happened after the halving. The last halving was in 2020, the new ATH happened in 2021. If this logic is followed, the next peak could be seen in 2025 after the halving in 2024. Right now it does not look like we will see a high price any time soon. I would wait a few years.
That is a fair assessment and even i am not expecting any all time high valuation this year and i will be surprised if we will be able to break the current resistance level with ease and more forward to an all time high valuation. What i really think is that the market will be trading in a range bound and the institutional investors will be booking their profit whenever there is a rally and expect for another all time high valuation after the next halving.
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lalabotax
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April 17, 2022, 09:38:08 PM |
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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.
Are you sure the uptrend just started? Instead, I assume we are at the beginning of a downtrend (bearish). It is true that Bitcoin price is still above $40k and seems to survive at this level. But as a whole, the chart patterns show there were some significant drops during this year. And the price of Bitcoin is still getting lower and lower. Not sure how long Bitcoin price can survive around $40k, but it seems to drop again below it. Some people believe the next destination of BTC price to be $35k. So, there is no way to reach ATH again this year.
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lienfaye
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April 18, 2022, 12:58:20 AM |
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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.
Are you sure the uptrend just started? Instead, I assume we are at the beginning of a downtrend (bearish). It is true that Bitcoin price is still above $40k and seems to survive at this level. But as a whole, the chart patterns show there were some significant drops during this year. And the price of Bitcoin is still getting lower and lower. Not sure how long Bitcoin price can survive around $40k, but it seems to drop again below it. Some people believe the next destination of BTC price to be $35k. So, there is no way to reach ATH again this year. Currently the price decreased below $40k, another correction happened, though its not surprising to see the price move downward. For the past few weeks that the price increase consistently, many investors are thinking that we are again heading to bullrun but the price didnt reach the $50k price and fall back again. But its too early to say there's no new ath for this year because we're only in the second quarter hence there are many things to look forward that can affect the price of Bitcoin to move upward, lets see.
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batang_bitcoin
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April 18, 2022, 08:37:45 AM |
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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is
It hasn't started instead, it's starting to drop. $38k and is likely to reach $36k or $36k anytime from this day. whether it will reach a new ATH level again, or will be corrected again like a few months ago.
It's now in the correction phase and we don't know how low it can reach. And as for the new ATH, we have to prolly wait maybe 2 years again after the halving before it shows.
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Ararbermas
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April 18, 2022, 09:15:57 AM |
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It hasn't started instead, it's starting to drop. $38k and is likely to reach $36k or $36k anytime from this day.
true, and it's currently down by 2 percent which seems has no potential to regain despite of some good news around the internet. And base on its daily chart it's very obvious that it broke down and didn't respect some level.. So if once again it didn't respect the support which is around $37k , surely we will gonna see it continue falling this month.
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Chato1977
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April 18, 2022, 11:41:23 AM |
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We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up.
Market will recover and will dump so either both? lets expect things to come.
Yes it can be considered as price correction but not totally a decline and not totally in bear market because the price resistance are keep on strong hold and that can be shown in crypto market. I don't think so when we will going to see bitcoin reaching another all time high but I am very optimistic that we will going to see it coming before the year 2022 ends. As we always expect price fluctuations happen frequently without prior notice due to different reasons and that's normal and we need to be used to it. People love to exaggerate things in crypto while the market shows not truly what they tend to say, bitcoin is still climbing and maybe there are something coming in the near future, but All Time high? maybe in 2025 is the next coming near for the market.
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Lubang Bawah
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April 18, 2022, 11:58:51 AM |
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Waiting for fun things if the price of bitcoin this year can reach new ATH again, I'm optimistic about the development and the good news is that more and more countries are legalizing bitcoin so that it makes hope for a bright future, boldly invest now when the price drops it becomes a good opportunity to earn big profit.
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Fatunad
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April 18, 2022, 03:38:53 PM |
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Waiting for fun things if the price of bitcoin this year can reach new ATH again, I'm optimistic about the development and the good news is that more and more countries are legalizing bitcoin so that it makes hope for a bright future, boldly invest now when the price drops it becomes a good opportunity to earn big profit.
Invest on the dip or red days because in short time you could really be able to make out profits on shorter scale or duration but if you are really that minding or accumulating for future then any price would do and you wont really be minding about into its current price.All time high's could be known whether we would break its recent ATH or would stay up below for how many years. There's soo much factors or things which are really that able to make effects along the way which is really hard to determine.
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tabas
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April 18, 2022, 10:12:58 PM |
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Waiting for fun things if the price of bitcoin this year can reach new ATH again, I'm optimistic about the development and the good news is that more and more countries are legalizing bitcoin so that it makes hope for a bright future, boldly invest now when the price drops it becomes a good opportunity to earn big profit.
I'm bullish but I don't think that will see a new ATH for this year. It will take time again before we see the next ATH. It's okay to be optimistic as I'm also the same. But I think it'll really take 2-3 years before we see it come again. That span isn't that long especially if you've been on this space for a long time but we're all having the same faith with to come.
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Mamun74
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April 19, 2022, 05:04:19 AM |
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People loves to crypto price high always. Bitcoin price already touched $68k+ in 2021.But it early dropped in 2022.But moving this year and stating level $40k.People still believe in bitcoin investment. I hope bitcoin price will be back again soon and I hope bitcoin price will be reached all time High in nrxt 2-3 years.
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