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[justdimin]

I think the market is polarizing right now because of the chaos around, basically I don't see it pulling back but the current pressure hasn't been broken yet.  the impact of war is not the basis for bitcoin to hold this contraction, FUD persists and I doubt the bear market will continue while I very much expect a consolidation.  Lol, the market still hasn't given up on optimism trying to get to 42k before the bullshit returns.  In this situation, patience will determine the next journey of bitcoin.

People are indecisive about whats going on and what will happen. I am not saying that it is impossible to predict right now, obviously there are some people who are aware of whats going on, but that doesn't mean that we will not be making any mistakes along the way while trying to predict neither.

This is why people are staying back and watching, this is why volume is lower as well, all because people have no idea whats going on. You are right about patience though, if we could wait and finally let bitcoin do what it wants to do, up or down, then we will be doing a lot better and we could profit a lot more as well. That's what I am guessing will happen soon.

[serjent05]

Whenever the price of bitcoin will reach 38k dollars or below that,kindly fill up your pocket with good amount of the bitcoin.In few months,it very easy to earn huge profit from it.

This may turn out to be a bad strategy because the price cannot stay in this range forever. If a deep bearish trend starts and the price goes below 30,000, what will you do with your bitcoins that you bought at 38,000 in the hope of a big profit? If for investment, then you can buy at any time, even according to your scheme, if this is a speculative strategy, then your plan for buying bitcoin is extremely doubtful.

Other investors just keep on piling up until the market becomes favorable.  Bitcoin is for a long haul not some 3 months stuff.  As I read several replies, many had taken the 4-year cycle of the market and they come to believe that the price will become bullish somewhere in 2025.  So when it comes to buying BTC, many investors accumulate as the market becomes more bearish.  That is what they called averaging down.  And I think it is a wise move to gain much profit in the long run (that is to presume that BTC will rally in the stated year.). But yeah I agree with you about bocyaj buy plan.

[Agbe]

Bitcoin continues to show bearish sentiment. Today, an uptrend was broken, which lasted for 3 months:



Obviously, when this trend support is broken, the price will rush to the 35,000 zone, and maybe even lower. Fundamentally, there are no strengths now that would favor the growth of bitcoin.

Bitcoin has not even been able to recoup half of its fall, which began in November last year. We couldn't hit the 50,000 mark, never reaching that peak this year.

What awaits bitcoin in the medium term, at least in the next 3 months?

From what I found out, if only it is true. The price of bitcoin getting higher as of April 2022 compared to the November 2021 fall down of price. Although the price of bitcoin is unpredictable. What bored me the most is, why bitcoin price comes down to this very low level when the system is decentralized?

As of early 2021, the price of bitcoin was high but late 2021 the price came down. The price is unstable from onset. The following information shows the prices of USD to a bitcoin from 2013 to 2022
https://www.statista.com/statistics/326707/bitcoin-price-index/




I believe bitcoin price will still rise up even though it takes time to increase it price. But the particular time to be rising the price is unknown. Because in any market, the prices of goods and services are not stable. But I want to know something. In other countries, dollar determine the prices of the fiat currencies exchange rate. In bitcoin, which Currency control it that making it to be devalue?

[STT]

Thats just a few days worth of prices, we've been going sideways quite alot.    I would conclude that price action as still positive while we are under alot of pressure from a resurgent Dollar index which has returned to its highs of the first pandemic sell off when BTC was far less then quarter of prices now. 

  Here is dollar index or DXY, its only a FIAT measure but since BTC price has dollar denominator its surely some indicator of bias to direction.   We have global events producing dollar demand not usually helping BTC pricing.

[Yamifoud]

I'm afraid, however, this is really how the market works. We can neither stop the price from going down as we are not in control of it but just like the old times, this declining sentiment certainly be taking sometimes after bullish and I assume we have been aware of this making us not to worry anymore.

We have seen that we even touch $35k early this year, it is possible we're getting back to that but not I'd see it drops down below $30k.
Holding seems that helps the market not go down fast and helps it to stop as the selling demand will be cut.

[Odusko]

What awaits bitcoin in the medium term, at least in the next 3 months?

Bitcoin is wearing a bullish look in a bear market conditions, and the next 3 months can be undecided and unclear to many market analysts but for prediction, the price may raise $50k region and it may remain like that all through the second quarter of the year but in the last quarter a new all te high may be witnessed what price that will be is unpredictably impossible but am optimistic about the fact that new price record will arrive before the end of this year's 2022.

[bhooscream]

Bitcoin is wearing a bullish look in a bear market conditions, and the next 3 months can be undecided and unclear to many market analysts but for prediction, the price may raise $50k region

What does it mean? It is clear that we are in the bearish trend, the price of BTC has dropped much since its new ATH. $68k t0 $39k, the drop is nearly half of its new ATH. I am not sure how fast Bitcoin to increase again above $50k, but surely not impossible to see that price level again in the next 3 months.

but am optimistic about the fact that new price record will arrive before the end of this year's 2022.

New ATH before the end of this year?
To be honest, I doubt it. I assume it needs a longer time to recover and creates a new ATH. Mostly a new ATH to be achieved in the Bullrun season. Since it just ended last year, it probably takes more than 3 years to have another ATH.

[eaLiTy]

I'm afraid, however, this is really how the market works. We can neither stop the price from going down as we are not in control of it but just like the old times, this declining sentiment certainly be taking sometimes after bullish and I assume we have been aware of this making us not to worry anymore.

The institutional investor who invested billions in the market has the upper edge here as they have the ability to control the price and if they start a massive sell off you would see the market going down rapidly, but from what i understand they are booking their profit whenever the price reaches around $45k and then the rinse and repeat method.

The positive aspect is that after every minor correction the market is recovering within a short period of time and we will be seeing this trend for a while.

[Kemarit]

I'm afraid, however, this is really how the market works. We can neither stop the price from going down as we are not in control of it but just like the old times, this declining sentiment certainly be taking sometimes after bullish and I assume we have been aware of this making us not to worry anymore.

The institutional investor who invested billions in the market has the upper edge here as they have the ability to control the price and if they start a massive sell off you would see the market going down rapidly, but from what i understand they are booking their profit whenever the price reaches around $45k and then the rinse and repeat method.

The positive aspect is that after every minor correction the market is recovering within a short period of time and we will be seeing this trend for a while.

On the contrary, I believed that institutional investors are not selling at his market price. It could be that the selling pressures is coming from retail or day traders who are playing the market to their advantage. Good thing is that the market is still above $39,000 good sign that the bulls is still inside and could be buying at this price and then speculators scalping for easy but small profit.

[GreatArkansas]

(....)
What awaits bitcoin in the medium term, at least in the next 3 months?

Very good question, what I noticed for the past few months is when the monthly candle close is fast approaching (every end of the month) that's the time I can see huge volatility in the price of the market. For example, a lot of huge candlewicks, pumps, or dumps in a short period of time.
Another thing is multiple times $50,000 is always rejecting so it's a sign for me that I am still bearish on Bitcoin for mid term like in 3 months, but not that so, what on my thoughts is sideways, we are more on sideways, just like $30,000 - $40,000 is a safe level for me.

[Reid]

This ain't good sight for every Bitcoin investors. I don't like it but I accepted it.
Remember the past. That's what always comes out of my mind whenever a bear happens. Before, there's not even a single light in the darkness. We don't expect much. We are not spoiled brats.
But fuck me, ever since the $60k mark was reached we are all expecting higher number. Ain't we fucking greedy human beings? I like this number, and I don't expect more. Maybe it's not yet time for a new bottom. If $35k or $30k is the new one then so be it, it's still better than last year.

[Baofeng]

This ain't good sight for every Bitcoin investors. I don't like it but I accepted it.
Remember the past. That's what always comes out of my mind whenever a bear happens. Before, there's not even a single light in the darkness. We don't expect much. We are not spoiled brats.
But fuck me, ever since the $60k mark was reached we are all expecting higher number. Ain't we fucking greedy human beings? I like this number, and I don't expect more. Maybe it's not yet time for a new bottom. If $35k or $30k is the new one then so be it, it's still better than last year.

Yeah, it's the cycle that we need to understand, conformed and adjust. No body wants to see the price going down hard in the next 2 years or so, but for those who have seen in before, it will be a long and hard.

So the best thing to do is really have that patience, again if we have experience it, then we know what to do during this bear market.

[Silberman]

On the contrary, I believed that institutional investors are not selling at his market price. It could be that the selling pressures is coming from retail or day traders who are playing the market to their advantage. Good thing is that the market is still above $39,000 good sign that the bulls is still inside and could be buying at this price and then speculators scalping for easy but small profit.

I also do not think that institutional investors are interested at all in selling under the current conditions, and if anything I think they are interested in stockpiling all the bitcoin they can at the current prices, this is one of the reasons why the price did not crashed as much as it did during the previous ATH, as those institutional investors are adding much needed demand and every single time the price goes below the 40k level they take advantage of it and buy some cheap bitcoin.

[dunfida]

On the contrary, I believed that institutional investors are not selling at his market price. It could be that the selling pressures is coming from retail or day traders who are playing the market to their advantage. Good thing is that the market is still above $39,000 good sign that the bulls is still inside and could be buying at this price and then speculators scalping for easy but small profit.

I also do not think that institutional investors are interested at all in selling under the current conditions, and if anything I think they are interested in stockpiling all the bitcoin they can at the current prices, this is one of the reasons why the price did not crashed as much as it did during the previous ATH, as those institutional investors are adding much needed demand and every single time the price goes below the 40k level they take advantage of it and buy some cheap bitcoin.

If those big investors or institutional funds would be crossed out into this market then expect that there would be a crash and lets just accept that fact since they are the ones who do have bigger part in overall

circulation that we do have today which it would really be that normal that they would be holding off their positions and able to retain for them not to lose that much but actually we dont really have any idea

on what price point or levels that t hey had able to accumulate or trying to hold on.For now we are playing around 30kish or 40kish price which its really hard to determine on what would be
the possible price movement imho.

[STT]

Theres a good chance today its turning around.   Just staying still at this price while other markets are negative is quite positive comparatively.
  We're sitting just below the 7 day average:



Respecting longer term trend, reasonable momentum from that 38.2k low.   If we can trade and stay above 40.5k for 4hr bars then into a daily closing bar, conclusion can easily be positive going forward.   It will be hard to progress in these 40k ranged prices but overall BTC continues to do decent work vs a strong dollar background.

[ultrloa]

On the contrary, I believed that institutional investors are not selling at his market price. It could be that the selling pressures is coming from retail or day traders who are playing the market to their advantage. Good thing is that the market is still above $39,000 good sign that the bulls is still inside and could be buying at this price and then speculators scalping for easy but small profit.

I also do not think that institutional investors are interested at all in selling under the current conditions, and if anything I think they are interested in stockpiling all the bitcoin they can at the current prices, this is one of the reasons why the price did not crashed as much as it did during the previous ATH, as those institutional investors are adding much needed demand and every single time the price goes below the 40k level they take advantage of it and buy some cheap bitcoin.

If they are at loss then provably they will not sell it but rather than buying again then wait for profit to come, but we cannot also deny that there are institutional investor know what they are doing and cut loss is one of the best method they do to counter their losses then but back again when there's opportunity to buy some at the dip.

[adaseb]

This type of price action reminds me of 2015 and 2018, where there was very little movement. The way it’s trading it seems like we will range at $30-$50K probably until the end of summer and then either break up for new ATH or break down and retest the old $20K ATH area from 2017.

There is just too much uncertainly right now that I don’t think we will be resting ATH anytime soon or in the Summer. Most likely until all this war, recession, inflation and fed rates are behind us. Too much going on right now. Besides commodities and bonds, everything else is going down.

[Fundamentals Of]

This type of price action reminds me of 2015 and 2018, where there was very little movement. The way it’s trading it seems like we will range at $30-$50K probably until the end of summer and then either break up for new ATH or break down and retest the old $20K ATH area from 2017.

There is just too much uncertainly right now that I don’t think we will be resting ATH anytime soon or in the Summer. Most likely until all this war, recession, inflation and fed rates are behind us. Too much going on right now. Besides commodities and bonds, everything else is going down.

Don't you think the bottom was already reached near $30,000? Is there really enough basis to think that the $30,000 wasn't the floor yet and that the price could still go down much further hitting the $20,000 area? To my mind, this sideward movement just around the $40,000 level speaks of Bitcoin's breaking away from the bears and while the bulls are not yet coming back, the worst thing that could happen is that the price would fall down to the bottom $30,000.

[South Park]

This type of price action reminds me of 2015 and 2018, where there was very little movement. The way it’s trading it seems like we will range at $30-$50K probably until the end of summer and then either break up for new ATH or break down and retest the old $20K ATH area from 2017.

There is just too much uncertainly right now that I don’t think we will be resting ATH anytime soon or in the Summer. Most likely until all this war, recession, inflation and fed rates are behind us. Too much going on right now. Besides commodities and bonds, everything else is going down.

Don't you think the bottom was already reached near $30,000? Is there really enough basis to think that the $30,000 wasn't the floor yet and that the price could still go down much further hitting the $20,000 area? To my mind, this sideward movement just around the $40,000 level speaks of Bitcoin's breaking away from the bears and while the bulls are not yet coming back, the worst thing that could happen is that the price would fall down to the bottom $30,000.

The worst has passed already, I can see why traders are mad about this ranging market that we are witnessing, but there is not much room for bitcoin to keep going down, going below the 30k barrier is not going to be easy and the pressure of the bears will have to be massive to see anything remotely close to that, after all they will have to exhaust the buying pressure coming from retail and institutional investors, something not easy to do with a price that low.

[Ararbermas]

Its very clear that bitcoin doesn't have strong momentum to continue making progress and that  image can really tell how its gradually getting weaker this month, where in despite of some good news it continue falling and broke the current support.. 

So i don't think its possible to see bitcoin good performance this month or next month, especially on its current structure that obviously a bearish trend.