Will the price of bitcoin rise again?

[First Registration]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

[piebeyb]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

yes obviously there is always an increase from every price that goes down and vice versa, this is the crypto world everyone can speculate in their own way, of course the bitcoin price will go up again, you can go to my thread here about what is a 4 year crypto cycle and maybe you will get a lot of speculation and analysis there

[serjent05]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

Sorry to burst the bubble but we are not in a bull market yet.  The recent rally of Bitcoin is just a relief rally that was long overdue, meaning we just experienced another lower high where the price of Bitcoin has some recovery but not enough to reverse the market trend.  The reason why the bitcoin price is decreasing is that there is not enough demand to resist the selling side.

[hatshepsut93]

You can be almost certain that some day there will be a large bull run. But it's likely not going to happen soon. Not in this year, maybe not even in the next one. If you look at past history, bear markets last for a long time, around 2 years. And we're not even one full year away from the ATH.

But this is good, because bear market is the time for buying Bitcoin. Just don't forget to sell when the bull market will come, otherwise you will have to wait again for a bull run.

[Slow death]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

a few years ago when I met bitcoin the price was 400$, then the price went up to 3000$, I remember many people were happy but the price later dropped a lot, after some time the price went up a lot to 5000$, then the people were wondering if the price would be able to break the 10,000$, there were people who even said that the price would never break the 10,000$, but the price managed to reach 20,000$, and then it dropped to 3100$ and it went years without reaching again at 20,000$ that even people said it would never reach 20,000$ again, incredible that the price reached 67,000$, so you are still asking this question?

[cryptomaniac_xxx]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

A few days ago the market went down from $25k to $21k. But now the drop seems to stop, there is no bleeding, and we are now on the $21,500. So that is a good sign that we will not go down to a price that we don't want to see, that is below $20k.

I guess the decreased in the price was due to the announcement of United States House Committee on Energy and Commerce regarding bitcoin mining as it might contributed to the demand of fossil fuels. But then again we have heard this argument before and this seems to be no data that can back this up.

[goaldigger]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

We’re not in a bull market yet, the last pump was not a bull trend it’s just the start of recovery and unfortunately we failed to stay on that level and that’s why we are down again. The price dumps because of the strong resistance and it’s not time yet for a new up trend, beside there’s still a lot of economic issues that can affect Bitcoin directly, this is why dump price is still possible to happen.

[agustina2]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

$21,000 to around close on $25,000 if that's not sustained, there's no bull run. It can be considered though as an attempt but got spoiled. Nothing we can do about that and it's even good that it doesn't happen right away. It's risky to experience again those huge jumps in price with only the hype as the reason.

Will the price of Bitcoin rise again? You should know the answer already given its past performance.

The only question is "when".

[sheenshane]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

I hope that you understand too that the market is unpredictable, no one knows when the bull or bear market season.

I tend to agree with the comments above, sorry but we're not yet in a bull trend right now Bitcoin still struggling for the price to pump up.  Every time when there's a resistance, it will not hold it longer there's always a correction.
But we're on the same side, hoping that Bitcoin will have a bull market trend within this year, I suggest you not look at Bitcoin price daily in a chart, instead, invest for a long-term purpose.  Or, it's time for you to invest since there's a correction happening on Bitcoin price.

[samcrypto]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

There's no confirmation of bull market, what you have seen is just an uptrend that tries to break the resistance but failed to do so.
Bull market is not just a simple pump, because the whole market will be pump by that time and for sure it will be an expensive pump. Bitcoin will rise again eventually, you just need to wait patiently and invest wisely, this is the only thing you can do for now so you can win more once the market recovers and pump into a bull market again.

[sunsilk]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

The lowest that bitcoin has reached after the recent bull run was $17k and we're at $21k and it has reached likely the highest of $24k. It's still not that far from the lowest.

So, if you're telling us that we're already in the bull run, then that's likely just a trap. Whenever we see the price of bitcoin goes up, we're already speculating that it's the actual bull run. But in all reality, it's not yet.

As it decreases now, it's a normal fluctuation of bitcoin so, if you think that we should be that high already then you're wrong with that speculation.

[BitcoinBunny]

It may bounce around and get back to 25K again but it will not go up from there for a long time I suspect. At least 6-12 months.

The stock market and the housing market are in the toilet and we are only at the beginning of a recession in much of the west.
It could last years or it may last 6-12 months if central banks get the money printers out again.

BTC is simply not yet seen as the inflation protection asset that it can be used as.

Still very much as a speculation for most investors.

[romero121]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

What we experienced few days back is not the perfect transition of market trend. It is just the relief rally that took the price increase. Soon after that we've been experiencing downfall in the price. This can get continued for some time period. Probably it'll test the $23k market, and if things didn't go good it'll drop again.

[Baofeng]

One thing to mention in particular was the bear market a few days ago.

Wait what? the bear market has started since December of 2021, that is when the bubble has been burst (all time high of $69k).

Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

Again, that has been the trend already, -70%++. There could be several reasons, the war is still looming in the background, inflation is also at a all time high in most of the countries, the effect of Covid still lingers and then other news that will come up from time to time. So we will have to see, short term or at least at the end of the year, maybe we can be in the range of $30k.

[Wexnident]

At the very least, you shouldn't expect it to happen in the next year. This kind of sentiment has always followed Bitcoin after a dump, say after the dump right after CoVid happened. From there you can always see that Bitcoin pumped to high prices once again after a few years. We've only been bearish for what, a year or so at most? I wouldn't expect it to be gone with that amount of time, at the very least 1-2 years.

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

We're not in a bull market...? Even if we were hovering around $25k earlier, the market movement was rather slow and steady, even seeing dips like what you were talking about. Zoom out, look at the bigger picture.

[Fundamentals Of]

What are you saying? A bear market doesn't just happen in a day or a few days. Just because the price falls in a few days doesn't mean it is a bear market already. The same with bull market. The market right now is still bearish. So even if the price experiences some increases, it doesn't mean we are already in a bull market. We are still in the middle of the bear market. So expect that there will be no strong rallies that happen. Don't interpret short-term movements in the price as a sign of the overall condition of the market.

[mk4]

To put it simply — I'm pretty sure most of us wouldn't still be here if we thought that bitcoin wouldn't go back up in price sometime in the future. If I thought bitcoin is done price-wise, I sure as hell wouldn't spend any effort with anything concerning Bitcoin anymore.

But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

Maybe because.. we're actually not in a bull market anymore.

[wmaurik]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

I don't see the market being in a Bull now unless it's still in a Bear condition. So there are no special things that I can explain to you now for you to understand further. I think you don't need to be worried about the decline that is still happening in Bitcoin because the increase in the price of Bitcoin is still possible to happen again although it is still very difficult to know in detail when it will happen

[bitzizzix]

It is difficult to know the truth about what is going on in bitcoin's current movement, as the market is unpredictable and the ups and downs occur due to various factors and also not necessarily accurate unless there is a sell-off when there is a slight increase.
and I don't have experience and also good predictions for the next bitcoin movement, and in my opinion as long as the bitcoin price is still below 25k it's still the right time for accumulation because the 25k price is bitcoin's goal to continue it to 28k or 30k.
bitcoin price hit 25k in no time then dropped again, and if it strengthens at 25k price for a few hours or days I believe 28k will materialize, and will still have ups and downs but won't go back below 25k.

[bigjuk]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

I see the development of Bitcoin from year to year, Bitcoin has a cycle that is difficult to predict, for sure some period in four years there is a decline and there is an increase, I believe something like that will happen again, maybe the time is not yet known, although some speculations say it will happen in 2024-23, but we'll see.