The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
Those who don't panic are those who haven't bought Bitcoin when the price was still high or when the price was still high as in the past. But for those who have bought more Bitcoins in the past, of course there will be a bit of panic in their minds because it is about the amount of their asset value starting to decrease due to falling prices.
I am also agreeing with you at this point that we are going to passing 2022 following by this market trends. I think this market of bitcoin will can't pass the range of 28k in this year. That will also be possible if Bitcoin can create a good resistance zone around 19k and 20k. And if it fails to do that I think the price of Bitcoin is going to drop further. But I am sure that the bear market is not over yet.
What makes you agree with that other than the good resistance zone around 19k and 20k ?
Because everyone has a different view of this and logically when investors and traders start taking advantage of the downturn and buy more Bitcoin at a low price, Bitcoin will eventually rise again even if it is difficult to happen in a few days or even month.