Bitcoins Crossed 20k USD!! Don’t lose hope now.

[CryptoYar]

[snip]
Don’t know whether it’s the end of the bear market or not,

It is just a relief rally. IMO

Often when the price of bitcoin falls badly, we get to see a little greenery. This is what is happening right now.

Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.

It will recover! As it recovered in past, just needs a little patience.

[KennyR]

The price of bitcoin have been recovering slowly. The price that was around $17k have reached close to $21k. This doesn't look like the transition from bear market to bull market. Users who lost hope on the recovery can understand the reality of the market. With bitcoin investment fear accompanies relative to the market moves. If one have got patience then it is possible to overcome the fear over the market.

[Asiska02]

These period are hard times for those that own bitcoin. This will also come to pass but how long it is going to last, can they withstand the bear market pressure-depreciation? Nobody know when this will come to an end, but this is not first of his kind. For those who still believe and have patience, the market will favour them at the end of the day. That coin they kept now, will give them more profit than they’ve even imagined.

[Dunamisx]

So Bitcoins have started recovering as we can see from the charts.

if you're used to the study of how the bitcoin price moves with steady speculation you will have to understand that it start to rise from the first day of the week which is toward the end of Sunday and once it's Wednesday then it fix to a particular range and keeps revolving round about till the next week and so on.

Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.

let's see how the moves goes with the price this week before Wednesday as this seems to be a good start of the week already if the resistance can be triggered against the fall.

[tabas]

My thought is that we're still quite far to the end of this bear market. A sudden rise is pretty normal after it has been dumped a lot. Still can go sideways as that's the normal thing that bitcoin does. But I agree to you that it's not yet late to buy and keep on dcaing so that you won't have any regrets when the market rises again and you've done your part of accumulating as it plunged to $17k-$20k. Well, still a price that can be good for buying if you're aiming and had a goal to see bitcoin back to its former ATH and more than that within the next few years.

[GeorgeJohn]

Many people panic when Bitcoin downgraded to seventeen thousand (17k) and all hope's was lost over bitcoin going down often. Even till now some people don't want to believe bitcoin upright retrace, what everyone had in mind is Bitcoin values is retracing to downwards is might be approximately ten thousand (10k) since it has Fall below twenty thousand (20k). I never discouraged any bitcoiner knowing that it's method and the way cryptocurrency falls, whenever it's falling it most surely get to the point it started to increase in value.

[KingsDen]

What are your thoughts on this?

My thoughts are;

• If you are an early adopter, that is to say you bought below $10k and still holding, you have nothing to bother about, you will soon run into profits again. Then, if you have funds to spare the more, buy more and accumulate
• If you never owned a satoshi before, this is a great time to buy. You may be waiting for bitcointo return to $10k and it might never happen till eternity. Since we are not so sure of bitcoin next move, you can try buying poca a poca, using DCA
• If you bought at $50k and above, you have no choice than to hold firm and continue holding. If you are a good trader you can use the chart to buy and sell as bitcoin is consolidating. You may make good profits before the bull

[AmoreJaz]

What are your thoughts on this?

My thoughts are;

• If you are an early adopter, that is to say you bought below $10k and still holding, you have nothing to bother about, you will soon run into profits again. Then, if you have funds to spare the more, buy more and accumulate
• If you never owned a satoshi before, this is a great time to buy. You may be waiting for bitcointo return to $10k and it might never happen till eternity. Since we are not so sure of bitcoin next move, you can try buying poca a poca, using DCA
• If you bought at $50k and above, you have no choice than to hold firm and continue holding. If you are a good trader you can use the chart to buy and sell as bitcoin is consolidating. You may make good profits before the bull

well, you sum it all up. it depends on which category you fall into. but hey, those who were crying that they missed the train, where are they now? i hope they are slowly accumulating some satoshis. because we may hear that same sentiments when btc starts rising again. $10k level, i don't think we will go down hard. but ok, everything is possible but for me, that possibility is low.

[EdenHazard]

Many people panic when Bitcoin downgraded to seventeen thousand (17k) and all hope's was lost over bitcoin going down often. Even till now some people don't want to believe bitcoin upright retrace, what everyone had in mind is Bitcoin values is retracing to downwards is might be approximately ten thousand (10k) since it has Fall below twenty thousand (20k). I never discouraged any bitcoiner knowing that it's method and the way cryptocurrency falls, whenever it's falling it most surely get to the point it started to increase in value.

Whenever it goes down... it's great timee to make profit that you won't find at another place.
You are in a place where you could have a potential profit of thousands percent within a couple months , you just need to be a bit smart eyeing the opportunity and managing the money to buy bitcoin piece by piece as time goes by as the market get down till reached the dip and you got them.

Now or never , that's the slogan for the current bear season.

[KingsDen]

What are your thoughts on this?

<snip>

but hey, those who were crying that they missed the train, where are they now? i hope they are slowly accumulating some satoshis. because we may hear that same sentiments when btc starts rising again.

They are all gone. They have run for their dear life. Hey! Why do you want them to buy when bitcoin is heading to destruction. Why do you want them to buy now that bitcoin is ending and going bankrupt like a ponzi scheme. Do you want them to lose all their monies? You are not a good friend.

Sheeh! Bring your ear let me whisper to you. They will return when bitcoin will hit $70k. They will buy and the next week bitcoin will return to $25k

[Vaculin]

So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.
It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.
Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.
Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

It’s always those who never lose hope and continue to seize the opportunities will always make it big when the bull season comes. Those who panic will eventually gain nothing but feel regrets in the end. But hey, it’s not yet late to change your mindset and go buy some bitcoin. The price has not yet fully recover and has even chances that it will drop again. It’s still a good time to buy and hold for great profits in the future.
 

[Finestream]

Hope soon Bitcoin recovers it’s price

Bitcoin price should recover, but it may take months until that happens, so you need quite some more patience.
We're in a bear market now and this is the part where trust and patience uses to pay off.
If you lack these two you will most probably give up, since the price may or may not remain over 20k until the bear market ends.

Bear market comes with a big test as who can stay and keep their faith in crypto, while some have eventually lose their patience and give up in the market. I hope people will realize that this is not the time to doubt the market, but trust the market even more by investing more most particularly with bitcoin as it gives us great opportunities to end up with huge and decent profits.

[ChiBitCTy]

My thoughts are that I first off agree with you, it is time to buy bitcoin, but that’s been my feeling about it for a long while. We have no idea if it’ll hold above the twenty thousand mark or if it’ll drop all the way down to ten thousand or more. That’s why DCA / Dollar Cost Averaging in over the next Tera or so would like be one’s best bet as for buying.

[Hypnosis00]

That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).

We can't really hide the fact that despite the dump, and panic selling, we can still see that many people aren't losing their mind, selling their crypto during a hard time but instead, they keep their trust and hold.

[n0ne]

That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).

We can't really hide the fact that despite the dump, and panic selling, we can still see that many people aren't losing their mind, selling their crypto during a hard time but instead, they keep their trust and hold.

Anything that gives a positive move on the market is good as per the prevailing market situation. It is the past days, people sell the holdings all of the sudden out of panic. The same is being used by the Whales and profit pushing the market forward.

The understanding and learning about cryptocurrencies have varied alot than the past. This is the reason why people doesn't walk away selling the holdings. They trust and have hope on the progress of bitcoin. Maybe this gets delayed, but the growth is assured.

[GreatArkansas]

That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).
(.....)

After we dropped below $20,000 before, my significant support level is now the $15,000 level which is really ugly and worst.  If you observed, Bitcoin easily falls below $17,000 after it drops to $20,000 so the same case is $15,000 if ever we will go back again to $17,000.

Overall, I don't want to happen it anymore, for me, the recent dump is already good for me as pullback from the huge run last year.

[dansus021]

*based my perspective on daily candle on trading view https://www.tradingview.com/chart/rAERMbmO/

in my opinion is not crossed yet it still testing on fibonnaci 1.272 which mean still in bear  Stochastic, RSI, Ichimoku and MACD still show bear too  but you guys dont lose hope  if we able to turn around $30K we safe,

[LogitechMouse]

So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.

Now the long-term support has been the new resistance and if it stays above that price for some time, we might see it going either higher or sideways. Well, it's the psychological support for others so many already set their target buying price at that point.

It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.
Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.

Nahh the bear market has just started and it takes months to possible a year before it will end. It's obvious that the recent recovery of Bitcoin doesn't mean that we are at the end of the bear market already. What I can say is that, buying Bitcoin right now will give you huge profits in the future. Feel sorry for those who panicked though because most of them sold their Bitcoins at a loss.

Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

Thoughts?
Maybe lets wait a few days to weeks into what will be the price movement of Bitcoin because this might be a false breakout. Like I said, if it stays above $20,000 then it's a good thing at least but don't be too optimistic because we are still in a bear market so there is still a chance that it might go below $20,000.

[davis196]

I don't expect the bearish market to end soon. The crypto winter will continue to 2023-2024.
The Bitcoin price is recovering from the extreme FUD storm and the extreme panic, that was dominating the crypto markets in the previous week. That doesn't mean that the BTC price will go back to 30K-40K anytime soon.
This might be a "dead cat bounce" and the price might soon go down to 15K-17K USD.
I expect a decent bull run back to 30K in the Q4 of 2022 (assuming there aren't any crypto exchanges collapsing and no big FUD news).
It's too early to get excited about a small bounce back of the BTC price. However, I'm still bullish in the long run.

[tranthidung]

So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.

It's good temporarily but worst has yet come. Best or worst, good or bad, it depends on standpoint of each person.

It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.
Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.
Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

My thought is:

• It's good for me if Bitcoin drops more to $13,000 to $15,000 or even dips to $11,000 to $12,000.
• It's best for me if it fluctuates below $15,000 for a few months. I will be very happy if it happens. Because it will have months to accumulate more Bitcoin.

As I said, it depends on standpoints. For others, if it happens, it will be terrible. I don't say they are right or wrong. They can be right with their standpoint. Bitcoin is oversold now and it's going towards bottom range.