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

[Ojengonggu]

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.

But the definition of bitcoin price that we are looking at right now is still around $20k and will this give support to rise above $20k or fall below that and this is pretty good for us to take one point up because it still ends at $20k.
For the current price breakout I don't think it's over yet and the situation will continue to trail.

[Lucius]

because realistically they're only interested in Bitcoin for profit, and they're far from the idea Satoshi made Bitcoin for.

This has got to be the worst statement I have seen in a very long time 

For a person who is unable to use even a simple forum in the right way Bitcoin is far beyond comprehension, you have proven this by your pointless trolling countless times.

Everyone invests in Bitcoin to make a profit.   Is anyone here investing in Bitcoin and expecting NOT to make money    Are you putting 20,000 dollars into a Bitcoin to have it on your computer forever and NEVER sell 
If your plan is to NEVER sell, you might as well throw away your seed phrase and hard drive that stores your bitcoin 

Bitcoin is the cryptocurrency in the first place, and I use this method of payment every day - in most cases I have no need to change Bitcoin for fiat. I invested in Bitcoin at a time when you were still sucking your thumb, and I have no problem when the price of BTC drops to $20 000 - and you showed with your post that you have no idea what a backup is for.

Bitcoin is never on a computer, mobile phone or any other device, it is on the blockchain - instead of trolling it would be smarter for you to learn some basics.

[Poker Player]

Bitcoin is the cryptocurrency in the first place, and I use this method of payment every day - in most cases I have no need to change Bitcoin for fiat.

Do you pay at the supermarket with Bitcoin without switching to fiat? In any case, without questioning what you say, your case is far from the norm.

Bitcoin was conceived as a currency but today it is mainly used as an investment.

Plus if the price of Bitcoin goes down, in fiat terms, you can buy less stuff with it.

I in my case have very few options to pay with Bitcoin in my day to day life without switching to fiat.

[sakil200]

I would like to say to those who are new to the current state of BTC, you are patient, no one should give up because in 2018-19, the price of BTC was going to 8-9 thousand, but later in 2020, the price increased and then at the end of 2021. On the other hand, the price of BTC rose to a record high of about 6,0000 + BTC. But due to the Luna cross and some other problems, the price of BTC gradually went down. Now BTC has come to 20 thousand. Hopefully prices will rise again soon

[KaliLinux]

Bitcoin isn't recovering, we're still in a bear market. After a big decline, the market will usually have a few sessions of modest gains again and investors will believe that the bear market is over and they will start buying again. Then, things didn't work out as they expected and bitcoin fell again after the rallies. However, I believe price is just a price trap, this bull run will not last long and bitcoin will soon fall dramatically.

You already said it, that "Bitcoin isn't recovering so as you said again, this cannot be referred to as a bull run. Anyways, I agree with you also because my biggest concern no is the price falling below the 200WMA which has not happened for a long while, so breaking above that is the target where I might begin to think the Bitcoin market is back to a possible Bull season but we will definitely be seeing some up and down movement of price till that 200WMA is broken upward. 

[Lucius]

Do you pay at the supermarket with Bitcoin without switching to fiat? In any case, without questioning what you say, your case is far from the norm.

Luckily I have at least 2 options (1&2 when it comes to buying food online and paying with Bitcoin, but I agree that this is not an option that is available to many. Everything you see on these two websites can be paid with Bitcoin and will be delivered to your address.

Bitcoin was conceived as a currency but today it is mainly used as an investment.
Plus if the price of Bitcoin goes down, in fiat terms, you can buy less stuff with it.
I in my case have very few options to pay with Bitcoin in my day to day life without switching to fiat.

That is true, but it does not mean that we have to obey those who actually want to move it into the field of investment, and discourage people from using Bitcoin to pay for goods and services. As for the change in the price of BTC, I'm already used to it and I don't bother with it too much - although most of what I spend comes from the time when the price of BTC was below $1000. Of course I always took advantage of the time when BTC was in a bull run and bought some more expensive things that I don't normally buy during the bear market.

[sklopan]

Hope should not be lost in any case. It should be understood that the market is quite dynamic and it is often worth considering such questions simply as market dynamics.

[FlamingFingers]

In my opinion I think that we had bottomed at around 17k+ lots of people are still expecting more dump I won't be surprised if they are disappointed that bitcoin will not go back to such price again for now, the pump from 17k to 20k is huge, now the major resistance is at 24k, once this is broken then probably we might be out of the bear market temporary

[spiker777]

In my opinion I think that we had bottomed at around 17k+ lots of people are still expecting more dump I won't be surprised if they are disappointed that bitcoin will not go back to such price again for now, the pump from 17k to 20k is huge, now the major resistance is at 24k, once this is broken then probably we might be out of the bear market temporary

Bear Market is gonna stay for a while. as per my prediction. bitcoin will stay between 20k to 22K for couple more months unless a big news a big support for it pop up. i heard that this recent pump back to $20k was because Binance invested $2 Billions in Bitcoin to help it's price stablize and prevent any possible market disaster.. but that is not enough. we need more support like that. only $2 billion won't help this.

[ice18]

Big question is, Is bitcoin price finally hit the bottom of this bear market? Well still no one knows dont be to hopeful that this will be the final bottom, what if its just another fake reversal and another big crash is incoming? I hope this is the bottom and we are now in uptrend again but this is not really sure.

[yazher]

As we already know, it will gonna recover back its price once the whales are buying again one after another and when you have bought from its last dip price, you are one of those who will gonna earn a decent amount of income in the next months to come once the price will gain back its original price a few months ago. As we experienced in the last few years, Bitcoin price will gonna increase after some time even though we thought that it would not gonna happen again. That's just the way bitcoins price are when at the time of a bearish market for every trial like this, your patience is more than needed if you wanted to be successful as bitcoin holder.

[tarano88]

We hope for the best

[Widdop37]

In my opinion I think that we had bottomed at around 17k+ lots of people are still expecting more dump I won't be surprised if they are disappointed that bitcoin will not go back to such price again for now, the pump from 17k to 20k is huge, now the major resistance is at 24k, once this is broken then probably we might be out of the bear market temporary

It's a temporal recovery, if anyone is planning to hold for long term its wrong to start buying now, we want more dips and it will happen, this is just the first phase of this bear market, next year will even be more worse cos of inflation and recession.

[hashrateproducts]

Bitcoin is still make a bullish run up in the market, it's just a matter of time. Bitcoin currently at $21k, experience traders are still holding while the impatience and newbies who haven't learn and study the market fully have sell theirs. But the smart ones can still keep making Profits from the dump and pump of Bitcoin in this past months and weeks. Bitcoin is predicted to dump further to $10k, but we still hoping for the top coin to break all resistance and suppy before retesting back to $60k. Let's wait and watch what will happen next in the market, either there's going to be a bullish or a bearish incoming.

[sakil200]

In 2011, the price of Bitcoin was below 20
In 2015, the price of Bitcoin was below 200
In 2016, the price of Bitcoin is below 2000
In 2022, the price of Bitcoin is below 20,000
Hopefully you won't have to wait too long

[abel1337]

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?

When Bitcoin broke $20k and stood at $17k  I became very confused about this Bitcoin.It's not just me who has invested in Bitcoin and all cryptocurrency users have been horrified.We can see that Bitcoin has crossed the $20k level and Bitcoin has risen above $20k again.We all hope that Bitcoin will move to its previous position. Then people will get a lot of confidence back.People have lost a lot in this position. If the market does not move to the previous position, people will lose a lot of confidence.

If this is your first bear market, You should be ready for another worst round of drop. Bear markets in crypto are brutal and I myself have experienced it the hard way last bear market. I'm expecting more in the following months, There will be a trap occurrence in the charts that will make people confident but eventually crush it.

I like bitcoin and I do hope people recover some of there losses but I also believe in market cycle. I do think that if we are in a bear market, We should not think that the price will increase dramatically just like we experienced on the recent bull market where every coin is skyrocketing.

[KaliLinux]

In my opinion I think that we had bottomed at around 17k+ lots of people are still expecting more dump I won't be surprised if they are disappointed that bitcoin will not go back to such price again for now, the pump from 17k to 20k is huge, now the major resistance is at 24k, once this is broken then probably we might be out of the bear market temporary

Right, most of us will want to see things go that way but we understand that even if the price of $17k was the bottom, it doesn't translate automatically to a V-shaped recovery of the market and it might even be that as some have speculated, the market might still drop below the previous low of $17k which is possible but in all, these are just good point to add some more to the bags.

[btc_angela]

In my opinion I think that we had bottomed at around 17k+ lots of people are still expecting more dump I won't be surprised if they are disappointed that bitcoin will not go back to such price again for now, the pump from 17k to 20k is huge, now the major resistance is at 24k, once this is broken then probably we might be out of the bear market temporary

Right, most of us will want to see things go that way but we understand that even if the price of $17k was the bottom, it doesn't translate automatically to a V-shaped recovery of the market and it might even be that as some have speculated, the market might still drop below the previous low of $17k which is possible but in all, these are just good point to add some more to the bags.

Yeah, so even if we've seen the lowest low for this year at around $17,500, still a win-win as this is a golden opportunity to add more on our bags and continue to hold. Perhaps it was not that good to feel and see that it went below it's previous all time high in 2017 and this is the first time that we have seen it, nevertheless, after that the price shoot up to $21k, this might be a good indication that the lowest low has been reached and could have validated some of our TA already.

[TheNineClub]

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?

I wouldn't  jump the gun just yet. We haven't felt the full economic impact of the Russian invasion on Ukraine, and crypto will follow what ever happens with that. Combine that with the aftermath of the pandemic and maybe we are abour to hit a recession. And crypto was never in onr. So let's not celebrate just yet.

[browsiek]

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?

Yes, I agree with your opinion. Currently, bitcoin is down nearly 40% from its highest point since last November.
Although it is very difficult to predict precisely because there are so many factors that can affect the market like Geopolitics including war, or covid

In my opinion, now is the right time to buy and wait a little patiently to welcome the next bullish market on bitcoin.