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

[Issa56]

Bitcoin crossed $20k those not mean the bear market is over, I believe bitcoin is still going to go below $17k in the next few days, but no matter bitcoin price, I can never lose hope in we all know that the price is down and nobody knows when the bear market will be over, but am sure bear market will be over one day which we don't know when and bull run will start just a matter of time. So I believe the current bear market is just a matter of time and I can never lose hope.

[Sanitough]

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?

Selling bitcoin in times of a bear market will only create more losses, since this is not a time of selling them but a good time for accumulation. So always chose to buy more instead of selling more. And yes, the current price of bitcoin is still a great opportunity to buy, so buy now and make profits later. In the end, bitcoin has always seen recovering from its dips, so no doubt what we have at the present will always be temporary and that we can still expect for bitcoin to skyrocket again and reach its new all time high soon.

[lalabotax]

It is probably not ended yet because the bearish market is still ongoing. It may be lower again later and will rise up again, as usual, something that is normal during the bearish market.
Fortunately, the price is still able to rise up to $20k. But, who knows tomorrow or several hours later?
Just don't panic in this situation, we have been passing this cycle since the bearish era ago. It is a good time to utilize every drop to add more BTC right? But, of course, we must be wise enough, never FOMO and panic sell, or buy

[GeorgeJohn]

I made an idea in which I predicted that Bitcoin will bounce back towards $28k level before going back towards $16k or below.
The correction is not over yet, count this up as a pullback according to me. However, I can only predict though lol.

if this your prediction will come to pass, that means Bitcoin is tracing to fall back to the point of starting in 2017 and 2018 if I'm not mistaken. And that time is the actual time to buy bitcoins and hold to for long term. Despite that this is another opportunity of accumulating your cryptocurrency. I believe that Bitcoin will go a long way than this particular point or situation it's currently.
 

[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).
(.....)

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.

Nobody wants that to happen again, (might) everyone is hoping for recovery. The price of Bitcoin is moving back a little bit high surpassing $20k for at least 2 days ( and counting). But this is not enough to give confidence as to observe that every weekend the market dump back again. But let's see what gonna happen this weekend, we see there is a growth indication in accumulation which could affect the trend of the market and possibly more price increases.

[Baofeng]

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.

Nobody wants that to happen again, (might) everyone is hoping for recovery. The price of Bitcoin is moving back a little bit high surpassing $20k for at least 2 days ( and counting). But this is not enough to give confidence as to observe that every weekend the market dump back again. But let's see what gonna happen this weekend, we see there is a growth indication in accumulation which could affect the trend of the market and possibly more price increases.

Usually weekends, the market is slow, volume is low so I don't think there will be movement that we might see the price going down again. We are hovering on the $20k level, and as high as $21,700 yesterday so we might have seen the lowest low at $17k'ish but we shall see. Still good time to buy and no need to wait to like $15k. A good advise is to do DCA'ing.

[Joshapat]

Everyone did not expect that the price of bitcoin drops fast and under $ 20k, even the lowest price is $ 17700, of course this makes newbie worried and scared, many panic and sell all bitcoin, but if we already know bitcoin for at least 3 years then we will understand That this is common, buying when a low price is a good start to achieve profit.

[taufik123]

Usually weekends, the market is slow, volume is low so I don't think there will be movement that we might see the price going down again. We are hovering on the $20k level, and as high as $21,700 yesterday so we might have seen the lowest low at $17k'ish but we shall see. Still good time to buy and no need to wait to like $15k. A good advise is to do DCA'ing.

The lowest support point is still at $17,700 and this is a strong support point, if it breaks it will touch the $15k area as you mean. The market is still playing in the $20k-21k price area, hoping this will be the start of the bitcoin market getting better. Doing stargei DCA is indeed recommended, but also adjust it with the money reserves you have. Waiting at some of the lowest support to buy bitcoin is certainly an option, don't panic too much to buy, make sure everything is in accordance with the strategy that has been made.

[lepbagong]

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

the possibility of going down from your lowest estimate is very possible for now, all possibilities will be experienced after bitcoin has experienced a saturation point and does not want to move up. indeed this is very worrying but for those who have large funds they actually make it an opportunity to continue to buy and increase their investment.

according to some observers that this situation will be the same as what happened in 2018, if it is true then the decline is still half way from 2018 and the possibility of another decline is very large and I don't believe that the resistance at $24K that you think will soon be reached by bitcoins.

but hopefully this is just a prediction that might also be wrong because what is feared is that if bitcoin goes down again, what will be affected is that many altcoins will not be able to get up again and disappear from the market where there will be a lot of losses for the holder.

[Baofeng]

Usually weekends, the market is slow, volume is low so I don't think there will be movement that we might see the price going down again. We are hovering on the $20k level, and as high as $21,700 yesterday so we might have seen the lowest low at $17k'ish but we shall see. Still good time to buy and no need to wait to like $15k. A good advise is to do DCA'ing.

The lowest support point is still at $17,700 and this is a strong support point, if it breaks it will touch the $15k area as you mean. The market is still playing in the $20k-21k price area, hoping this will be the start of the bitcoin market getting better. Doing stargei DCA is indeed recommended, but also adjust it with the money reserves you have. Waiting at some of the lowest support to buy bitcoin is certainly an option, don't panic too much to buy, make sure everything is in accordance with the strategy that has been made.

It's good that it didn't break that support and actually we've seen it as high as almost $22k as I have said. Maybe there is a selling pressure again as I observed that the price goes down a bit to $20k.

Yeah, one strategy is DCA but you can't execute it if you don't have the money reserves so a careful planning is what we needed. Everything around us is not good, there is war and then our country's economy is still haven't recovered from covid-19. So we need to plan accordingly if we wanted to continue investing in crypto amidst the turmoil.

[passwordnow]

To go up to $21k again maybe in the near future it will return to that price but with the current price still in the middle of $20k it means that there is a possibility that it will go down to $18k again and to reach $15k it won't be possible again in my range  .

$21k isn't that far, we're at $20k so it will definitely be there again. With all of that said, every price that you can think of is very possible. From the lowest that you can think and from the highest that you ever imagine after it stays quite long @ $20k.

Everyone did not expect that the price of bitcoin drops fast and under $ 20k, even the lowest price is $ 17700, of course this makes newbie worried and scared, many panic and sell all bitcoin, but if we already know bitcoin for at least 3 years then we will understand That this is common, buying when a low price is a good start to achieve profit.

Every cycle, the market always has new investors and that's causing them to panic and it can't be stopped. But those who stay at these situations will be the ones that will be taking it all when we're all done with it and the bull turns back.

[Botnake]

Even if bitcoin will dump below $10k, I still believe that losing hope is like giving up our dreams.

Bitcoin has always been unpredictable, when we thought it will achieve a new ATH because of the bullish market, bu whales have other plans, they want to dump bitcoin so people will panic and dump their holdings, for them, this strategy is very effective for them to make an easy money, therefore, if we play the game using our emotion, we will never succeed and survive for our long term plan.

[Zanab247]

The bear market is still on in the community which any investors can buy bitcoin and hold for the price to increase higher before the end of this month before they can sell to make a reasonable profit. Bitcoin price is still low for anyone to sell in the market because it will not help you to make a huge amount of money in this season than to hold for bull market to come before you can release your coin to the market to make a good profit.

[milewilda]

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?

Really hard to tell whether it's already reversal or some sort of fake pullback or recovery and this had been always the hardest part when it comes to price prediction on which you can't really  tell on where it would be going that's why making buying or selling decisions is really that hard and that what makes it challenging when you do step your foot into crypto where this is a never ending guess of price neither you do make out the right call or decisions or not.

[sensimilia]

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  rally true bitcoin can recovery now.It is already start pumping.I believe  that bitcoin price will recover soon and it will make a new ATH.It will surprised us a lot.Maybe it will happen in the next year.

[cheezcarls]

Even though that it kinda consolidates in the $20k to $21k range, I wouldn’t count on it though because we don’t know what will happen in the next hour, day or so, whether if it goes down again, treading water or pumping again. We all hope and wish that this would finally recover, but we should always be prepared for unexpected happenings.

[RashidulIR]

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.

😳If #BTC Can Go as follows👇🏻

$8  - 250$ ~ 2013 = 3175%⬆️
$250 - $66 ~ 2013 = 75.5% ⬇️
$66 - $1158 ~ 2013 = 1600%⬆️
$1158 - $156 ~ 2013-15 = 86.5%⬇️
$156 - $19600 ~ 2017-18 = 9500% ⬆️
$19700 - $3130 ~ 2018 = 84%⬇️
$3500 - $69000 ~  2019-21 1826%⬆️
$69000 - $17000 😢 72% ⬇️



Maybe Next years Bitcoin again going to moon, What do you think.

[Japinat]

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?

Currently, bitcoin price has dropped again into $20,063 and it will fall even more once the bear market continues. But isn't this a very good time to buy and hold?  Bitcoin may not be able to recover again this year so we can expect that we can see a new ATH by next year, or the following year, no one really knows. That is why we should always do the right thing this time, accumulate more bitcoin and then hold. After all, we won't be selling at a loss but definitely for great profits in the future.

[Kasabus]

I hope it recovers further but the problem is that the bear market is far from over.Everything is increased in cost in every area and so has the cost of living in general with the inflation in reality being near 33% from the paper that US and the world tells us that is only 8% now.This depressive mood in all the active markets in the world seems to have somewhat hit also Bitcoin hence the massive crash it has experienced in these last days.It may crash even further to below 10.000 dollars before recovering but the bottom line is it will recover as it has done always by reaching a new all time high,we only don't know when but we know that it will.

Certainly bitcoin will always recover even from its deepest fall, we just don't know when will it happen. But as much as possible, why bother of thinking for price recovery when we are not done yet with our bitcoin accumulation. Bitcoin price could even be more great if it drops more as it opens another opportunity to buy. So just enjoy the ride for now, soon we will witness a new ATH when the right timing comes.

[n0ne]

The price that went above $21600 have experienced a price below $20k and now moving around $20100. This is how the market will continue for some time period. Right now users can make some profit out of shorting, and for this traders needs to be very careful.

As the thread title says don't lose hope at any instance. The market is bearish for some time period, have trust and surely it'll progress. Until then if you're good enough to take risk you can make some earning out of the fluctuation. If not, just hold with patience.