Bitcoin and Crypto Winter

[wmaurik]

Even so, many people still regard this as a kind of myth, sometimes the four year cycle doesn't work out according to the previous price levels. For example, the achievement of ATH in 2021, people will think this pattern will experience the same thing in the next four years, although the price in the following year may be different from the previous year.

Those who still think it's a kind of myth don't need to think about it because it's only about the way of thinking of each person and also the assumptions of each person, because they also have their own reasons when they consider it a myth. But I personally also don't think that the ATH pattern will occur in the same size, because the price of Bitcoin itself which is still often fluctuating in the market makes the price level and ATH very likely to be different every year and also in a cycle that is considered a myth by some people.

If I'm not mistaken bitcoin broke its high price on 20-10-2021, this shows that bitcoin's strength can hold value far more perfectly than any other investment, although without ignoring the correction in bitcoin's journey. For now there is no sign of bitcoin going through its next ATH. What do you think?

Currently there are no signs of bulls and ATH on Bitcoin because logically the current Bitcoin price is still very far from the ATH that happened last year. But I believe that Bitcoin price will get a slight improvement this year which will be great for everyone too although maybe not good enough for those who bought at high prices last year.

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[lizarder]

Those who still think it's a kind of myth don't need to think about it because it's only about the way of thinking of each person and also the assumptions of each person, because they also have their own reasons when they consider it a myth. But I personally also don't think that the ATH pattern will occur in the same size, because the price of Bitcoin itself which is still often fluctuating in the market makes the price level and ATH very likely to be different every year and also in a cycle that is considered a myth by some people.

There is no denying that bitcoin does have a degree of volatility, which is why it can maintain value in the long term as well as the short term, with the accumulated amount of bitcoins available, although we cannot ignore the corrections that occur along the way
However, the achievement of the next ATH, is a step after a long correction takes place, the role of the four year cycle will be seen once this process is passed.

Currently there are no signs of bulls and ATH on Bitcoin because logically the current Bitcoin price is still very far from the ATH that happened last year. But I believe that Bitcoin price will get a slight improvement this year which will be great for everyone too although maybe not good enough for those who bought at high prices last year.

This week bitcoin is back in the correction process where the current price has reached $ 20k, I predict for December bitcoin will experience a gradual correction, this is a good move to buy, but I don't think bitcoin will fall below that price.
For those who bought at high prices, maybe waiting for a recovery is the best way now, but for people who want to take part, now is the right time to enter the market.

[Fatunad]

to predict the lowest bitcoin price, it's very difficult especially since I'm still a beginner in bitcoin and crypto, but in my opinion the highest bitcoin price for the next bul run is 175000 dollars.

Noob or veteran it wouldnt really matter because no one really knows on what the future looks like.Its all random and pure speculation on whatever analysis been thrown out on the market.
For a market something like this then it would really be that normal that there's a crypto winter or bearish period where everything is on red.We cant really have a market that do continue
to rise up like forever since thats not how the market works nor behaves.This is why whenever you have decided on stepping your foot into this market then you should have
prepared yourself into these things.Its normal to be that emotionally affected but needing to control do really need on doing so.

[mich]

Bitcoin is low right now and it’s hard to pin down the exact reasons. I have been following BTC during the Ukrainian invasion by Russia and BTC has been relatively stable.

The rest of the crypto market is looking pretty attractive because it’s more speculative to big firms and war time is not great for risk.

I have buying positions in and I’m following the news but right I’m holding my positions to see how things shake out with the ongoing war.  We will make it though this 'crypto winter' if this is what we want to call it at the current time.

[Abiky]

If what you say is true then bitcoin should have been up for a long time, not bitcoin that is falling and is likely to fall even more if inflation continues to rise. Yes, while inflation occurs, everyone wants to find something to fight inflation, but not everyone can do it when the prices of food, consumer goods...everything goes up 20-30% and people won't have enough to spend on a daily basis let alone invest to fight inflation. Maybe in the next crisis bitcoin will be the option but for now it is not the best option, when it also cannot avoid the effects of inflation.

It's not inflation, but rather rising interest rates from central banks worldwide. That's what's pressuring Bitcoin's price these days. Remember, Bitcoin was soaring towards new ATHs in price at a time where inflation was beginning to rise (2020). The Russo-Ukraine war and central banks' actions, have led us to this point where both stocks and crypto are having a hard time recovering in price. It's going to take quite a long time before the crypto winter comes to an end. Many have predicted 2024 to be a bullish year for crypto, so why not go ahead and buy some more BTC before this happens? Just my thoughts