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[carlfebz2]

Bears have happened more than 6 months since ATH last November, this makes a lot of speculation that Bitcoin will repeat bad trends every 4 years when the previous year's price pumping will occur dumping, this makes me not have a big target with bitcoin, if the price can pass $ 55k then I will sell around 60% and divert to Altcoins.

We do have different approach in regarding with the current price specially on bear market times and it is indeed true that there are really years which the market is something cant really be able to move

on what we do really have in mind.We can say that its a long time bear market running but its actually moving sideways which is something not very new into this market to happen.

Bear market or sideways movement then there's nothing we can do but to anticipate that price moves on random ways then we can say or do keep eye on this possible movements to happen.

[Tellek Garing]

Bitcoin touched the 35k region this week just as you rightly predicted before it rebuild back to 36k and have being struggling to remain at that price, but the present market situations is pointing to a direction of more downtrend movement and worst case scenario we may see Bitcoin pulling down to 30k even below before the end if the first half of the year 2022.

[Chato1977]

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?

Sad but True , now we finally drops down to 35kish in which a proof that we are bearishness now and sign of lowering market capitalization .
with this I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

[STT]

I thought the trend was longer then just this year.  The way the trend can be drawn will vary, what I've been told to do is find the trend with the greatest number of common points.   So a trend matching 6 weekly lows should surpass 2 weekly touches etc in order of preference.    For that reason I do think this current trend goes back into 2021 and is perhaps more important, also I would expect we have to check it from the underside and find it now a ceiling.  When we have discovered resistance then it will probably accelerate the downside effects, if that occurs of course.

[Yaunfitda]

^^ I didn't see the price dropping below $30k this year, maybe what you meant is below $40?  Anyhow this year is going to be very hard for us, specially if you just enter the market this year because the price will continue to decline because of factors like the war in EU and the whole geo-politics that was brought about. However, I'm not seeing any crash yet, it seems to me a normal retracement after reaching a all time high last November.

I hope you see what really happens to the market now and are able to check the market history in order for you to know that we reach $34k last February this year, which was the ultimate low ever recorded as of this year. I hope this never happens again but can't also neglect any possibilities that this may come any time.
I'm not going to say this was because of the war, so many factors that could affect but what I see, is this year 2022 is not a good year for crypto, were done with the bullish season, I guess we face another bearish life of crypto.

Bears are still in control of the market but at least it does not seem as if they are in complete control of the situation and they cannot make the price of bitcoin to crash at will, I also think that positive news have slowed down the bear market as it seems more countries are interested in integrating bitcoin to their economies, and the more adoption that we have the more resistant bitcoin will become to the selling pressure coming from the bears.

On the contrary, after more than a week, it seems that the bears are now in total control of the market as the price sinks deeper to $35k.

So even if there is a positive news, there is no stopping the bears for pulling the price down. And it should dawn on us that we are indeed in the bear market so it's hard to go against the flow because we are going to lose money. Better to accept the market conditions and make adjustments or better yet buy at this dip.

[ethereumhunter]

Bears have happened more than 6 months since ATH last November, this makes a lot of speculation that Bitcoin will repeat bad trends every 4 years when the previous year's price pumping will occur dumping, this makes me not have a big target with bitcoin, if the price can pass $ 55k then I will sell around 60% and divert to Altcoins.

If this is the case, we will see the bitcoin price going the same way it was 4 years ago and possibly the bitcoin price going back down deeply. But hopefully, bitcoin will not go down too deep because the situation is different from the previous 4 years. Bitcoin will surely pass $55k again, although we know when so we should always be prepared for that moment. But by the time bitcoin tries to cross $55k, altcoins will also be on the rise and as we already know, a lot of altcoins will hit the last ATH.

[Semar Mesem]

It's been a really tough few days for us, the price continues to decline and now it's around $35k, if the price drops below $35k then I'm sure the opportunity to continue to fall will occur again, many panicked because they saw the fact the price was not in line with expectations, and we better have to be patient than someday will regret.

[uneng]

The bearish trend will last until the US market breaks, what is inevitable, since they have adopted the same economical policies of third world countries which raise interest rates artificially in order to create temporary financial opportunities and wealthy in the country.

Big businessmen and investors, however, aren't concerned about the long term impacts. They are like grasshoppers, devouring everything on their way, and once an area is entirely drained, they find somewhere else to feed themselves from (that is when crypto environment will become the favorite alternative once again).

Unfortunatelly on medium run, I see no promising hopes for bitcoin, because Federal Reserve is determined to put USA in a several crisis, dropping the economy in the mud. As we can see interest rates were raised in 0,05% already and there is more on the way. Investors will milk maximum as possible from this "ponzi scheme" for now, but good news is that once it's over, bitcoin will enter a new bull run!

The Fed just hiked interest rates and signaled more increases are coming. Here are money moves to make now

[Baofeng]

I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

Not so fast. The fall of bitcoin below 20,000 is a very long process, it is unlikely to happen at all this year, although I am not sure that it can happen at all. These are too strong fundamental price levels and they obviously will not break through the market very quickly. I don’t know if there will be a need for either some super powerful event, like the March flash-crash 2020, or a very strong disbelief of investors who will get rid of bitcoin at a faster pace.

Possible, but as you have said, this could be the final capitulation if ever for bitcoin. The flash crash in March 2020 was due to the global pandemic, but since we have bounce back from that, I'm not seeing any scenario like that in the next 2 years of this bear market. Most likely though the war will have it's effect on the market specially if it will continue for the next coming years.

[KennyR]

I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

Not so fast. The fall of bitcoin below 20,000 is a very long process, it is unlikely to happen at all this year, although I am not sure that it can happen at all. These are too strong fundamental price levels and they obviously will not break through the market very quickly. I don’t know if there will be a need for either some super powerful event, like the March flash-crash 2020, or a very strong disbelief of investors who will get rid of bitcoin at a faster pace.

As said $20k isn't possible, but we can't be sure of it. The market showed a flash growth reaching close to $70k all of the sudden. By the time there were not much of market bouncing events happening around, but the growth happened. Similar to that a crash too can happen, and now the short term market decline is connected with the short term holders sell off. Maybe if the long term holders go on sell off this could happen, but long term holders consider the moment for accumulation than selling.

[7788bitcoin]

~
 Whale sales with wallet balances over 1,000 bitcoins have recently been recorded. More than 70,000 bitcoins have been sold. The slowing trend will continue, fundamentally now bitcoin, like many assets, is weak. Even gold is falling in price.

From where did you get these information about a thousand Bitcoin being sold in the past few weeks. May be it is possible but the financial situation globally will trigger these sentiments to investors for an asset everyone chastised as a store of value for years. With this are you certain that the title of store of value for Bitcoin is vanishing and is entering a speculative realm .

[kotajikikox]

It's been a really tough few days for us, the price continues to decline and now it's around $35k, if the price drops below $35k then I'm sure the opportunity to continue to fall will occur again, many panicked because they saw the fact the price was not in line with expectations, and we better have to be patient than someday will regret.

It has been seen above that 35k is still the strong hold , but of course we cannot predict what will happens next as we are still in Holding position when the market is showing weakness .
there are many investors that waits that sign to decide and if the price drops below 35k then surely they will full out their funds and the dumping continues .
But I still wanted to believe that there is something good cooking and will bring is good return.

[fortuner]

It's been a really tough few days for us, the price continues to decline and now it's around $35k, if the price drops below $35k then I'm sure the opportunity to continue to fall will occur again, many panicked because they saw the fact the price was not in line with expectations, and we better have to be patient than someday will regret.

It has been seen above that 35k is still the strong hold , but of course we cannot predict what will happens next as we are still in Holding position when the market is showing weakness .
there are many investors that waits that sign to decide and if the price drops below 35k then surely they will full out their funds and the dumping continues .
But I still wanted to believe that there is something good cooking and will bring is good return.

Yes of course they are not going to waste this great opportunity to collect their bitcoins right now.
And now the signs that you said have been seen, slowly bitcoin may go towards the price of $ 30 thousand because today bitcoin has fallen a few percent more than yesterday's price.

[aylabadia05]

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?

Bitcoin always gives unexpected surprises even though the current condition of Bitcoin has no strength that can support its growth but I believe Bitcoin will be able to increase from the current price.

Since the beginning of the year, many thought that Bitcoin would reach a new ATH this year, but in fact Bitcoin up to this month has not been able to cover its decline as you say. But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

[Ziskinberg]

But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

I wouldn't be surprise if it will rise to $40k again, but at the same time, I'm also not surprised if bitcoin will drop below $30k.
if we are talking of a bear market, anything could happen, bitcoin could dump even below $20k if it gets worse, but one thing is certain, bitcoin always bounces back and as the bull run will come, we can expect that a new ATH will be achieved again.

It may take time just like what happen in the past, so as they always say, patience is the key.

[MinMan]

It's been a really tough few days for us, the price continues to decline and now it's around $35k, if the price drops below $35k then I'm sure the opportunity to continue to fall will occur again, many panicked because they saw the fact the price was not in line with expectations, and we better have to be patient than someday will regret.

It has been seen above that 35k is still the strong hold , but of course we cannot predict what will happens next as we are still in Holding position when the market is showing weakness .
there are many investors that waits that sign to decide and if the price drops below 35k then surely they will full out their funds and the dumping continues .
But I still wanted to believe that there is something good cooking and will bring is good return.

The time where everyone is afraid of have come because the price finally falls below 35k. People aren't afraid with that for no reason but like what @Semar Mesem said, people will panic so price could plummet more.

You might still be holding but you cant expect that everyone else are doing the same but when the market is weak, others will feel the same, they will become weak too so the market becomes very vulnerable. When it comes to sign, a fall on the price like this, can be a good sign for some to start buying. I know this starts to become confusing but what can we do? This is just how crypto stuff works. Someone might be cooking right now but we don't know when it will finish but you can also cook on your own.

[Bitcoin2009]

I'm sure the negative trend will end soon, there's a lot of panic when bitcoin prices continue to decline this week, but for those who want to make big profits then now is a good opportunity to buy.

[savetheFORUM]

I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

Not so fast. The fall of bitcoin below 20,000 is a very long process, it is unlikely to happen at all this year, although I am not sure that it can happen at all. These are too strong fundamental price levels and they obviously will not break through the market very quickly. I don’t know if there will be a need for either some super powerful event, like the March flash-crash 2020, or a very strong disbelief of investors who will get rid of bitcoin at a faster pace.

I do not think that it will ever happen again. We are not going to be under 20k just like how we never went under 3k again after that 2017 increase. This new 2021 turned that 3k into 20 even 25k and we are not going to go down under that. I mean the amount of money that is getting bought up until that point is so huge that, it would require people to sell hundreds of thousands of bitcoins for us to go under that and I am not seeing that happening.

Maybe like if there is a whole bitcoin problem that everyone runs away from bitcoin and all, that could be a possibility, but most probably we are not going to see something like that so the price will stay 30k+ for the foreseeable future.

[aylabadia05]

But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

I wouldn't be surprise if it will rise to $40k again, but at the same time, I'm also not surprised if bitcoin will drop below $30k.
if we are talking of a bear market, anything could happen, bitcoin could dump even below $20k if it gets worse, but one thing is certain, bitcoin always bounces back and as the bull run will come, we can expect that a new ATH will be achieved again.

It may take time just like what happen in the past, so as they always say, patience is the key.

I would also never be surprised to see Bitcoin price fall and would be surprised when Bitcoin hits a new ATH. Bitcoin price is currently $32.8k which means it is experiencing a 5.66% decline in 24 hours.
Patience must be strong, because Bitcoin is the investment coin of the future. Only new people will panic when they see Bitcoin has not been able to cover the current decline.

[arwin100]

But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

I wouldn't be surprise if it will rise to $40k again, but at the same time, I'm also not surprised if bitcoin will drop below $30k.
if we are talking of a bear market, anything could happen, bitcoin could dump even below $20k if it gets worse, but one thing is certain, bitcoin always bounces back and as the bull run will come, we can expect that a new ATH will be achieved again.

It may take time just like what happen in the past, so as they always say, patience is the key.

I would also never be surprised to see Bitcoin price fall and would be surprised when Bitcoin hits a new ATH. Bitcoin price is currently $32.8k which means it is experiencing a 5.66% decline in 24 hours.
Patience must be strong, because Bitcoin is the investment coin of the future. Only new people will panic when they see Bitcoin has not been able to cover the current decline.

Normally this will be the destination of bitcoin after reaching new ATH and since there's no huge news coming plus the fear factor is so high we  might  see bitcoin continue to decline. And what more worse is if bitcoin  would touch at  $20,000+ level for sure many people will get panic an think about that we might experience again the long bearish market day just like what happen before. Hopefully the price will recover and people will not get panic on this situation.