Bitcoin Forum
May 13, 2024, 04:37:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2  All
  Print  
Author Topic: Bitcoin 2018 Vs. 2022  (Read 325 times)
fxncrypt (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
October 20, 2022, 07:09:20 AM
 #1

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks  Smiley Smiley
1715575021
Hero Member
*
Offline Offline

Posts: 1715575021

View Profile Personal Message (Offline)

Ignore
1715575021
Reply with quote  #2

1715575021
Report to moderator
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715575021
Hero Member
*
Offline Offline

Posts: 1715575021

View Profile Personal Message (Offline)

Ignore
1715575021
Reply with quote  #2

1715575021
Report to moderator
1715575021
Hero Member
*
Offline Offline

Posts: 1715575021

View Profile Personal Message (Offline)

Ignore
1715575021
Reply with quote  #2

1715575021
Report to moderator
livingfree
Hero Member
*****
Offline Offline

Activity: 2786
Merit: 578



View Profile
October 20, 2022, 01:03:16 PM
 #2

It has already started when we've seen the quick drop coming from the ATH. However, you can see the huge difference from this year to 2018.

This wasn't as bloody hell as 2018 and this year is like setting a high low if you get the idea of that. We may go through again two to three years of dealing with another bear market until the bull run comes again.

Like it was in the past, many folks have learned their way and lessons for this recent bull run and they'll apply it when it's come again.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Lucius
Legendary
*
Offline Offline

Activity: 3234
Merit: 5676


Blackjack.fun🎲


View Profile WWW
October 20, 2022, 03:22:51 PM
Merited by pooya87 (2)
 #3

No offense OP, but you posted a video of a few seconds that doesn't show anything we didn't already know. I would like you and all impatient investors to have their wish come true, but expecting anything spectacular in 2022, which is already nearing its end, is somewhat childish and naive. You have to accept that we are in the middle of a bear market, and that the trigger for a big bull run has always been a halving that won't happen before 2024.

This time is an excellent opportunity for all those who want to buy Bitcoin cheaply, and believe that they will profit from it in the future. For those who are impatient and indecisive, there is always a problem - when the price is low, they want it even lower, and when it is high, they complain that Bitcoin is too expensive.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
October 20, 2022, 05:41:35 PM
 #4

when the price is low, they want it even lower, and when it is high, they complain that Bitcoin is too expensive.

No rather when it is higher some jump in thinking it is continuing the bull run but never know that it has got to the peak and therefore they catch the falling knife. No thanks to procrastination on trying to prepare one's mind to buy. Speculation is still strong for more down but I think buying now won't do much of bad, next year is 2023 and halving will be around soon after.
Fatunad
Sr. Member
****
Offline Offline

Activity: 2226
Merit: 348



View Profile
October 20, 2022, 08:36:54 PM
 #5

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks  Smiley Smiley
When we do have that long bearish trend or time of that 2018 then yes it couldnt really be ignored that we are seeing the same scenario on what we are really that seeing on this current year.
but we cant really assure that it would really be repeating on the same process or cycle when it comes to this.You cant really be able to make out conclusions that this is on the same
pattern and presume t hat there would be definitely a turning point on some time.It cant really be that so sure when it comes to this since this market is unpredictable on the first place.
You cant really make things do look on the same, there might be patterns but it would really be just good as that.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
VanillaH
Newbie
*
Offline Offline

Activity: 23
Merit: 5


View Profile
October 20, 2022, 09:34:09 PM
 #6

It's also possible that even with the halving, that there's no bull run and that we have reached the ATH for a while.

I think it's better to buy Bitcoin because you believe its fundamentals are good and you think it makes up for sound money.

Anything else -- especially with money you can't afford to lose -- is too risky.
logfiles
Copper Member
Legendary
*
Offline Offline

Activity: 1974
Merit: 1658


Top Crypto Casino


View Profile WWW
October 20, 2022, 09:44:07 PM
 #7

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022
Too, late... Where have you been when the market crash started some months back?

Not gonna lie, I am not going to open the Youtube link.

It's also possible that even with the halving, that there's no bull run and that we have reached the ATH for a while.

I think it's better to buy Bitcoin because you believe its fundamentals are good and you think it makes up for sound money.
You can't say that even before we have set our eyes on the Bitcoin halving event. Let's give it time and we see.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
samcrypto
Sr. Member
****
Offline Offline

Activity: 2044
Merit: 314


Vave.com - Crypto Casino


View Profile
October 20, 2022, 10:37:50 PM
 #8

It's also possible that even with the halving, that there's no bull run and that we have reached the ATH for a while.

I think it's better to buy Bitcoin because you believe its fundamentals are good and you think it makes up for sound money.

Anything else -- especially with money you can't afford to lose -- is too risky.
Halving gives no assurance though in the previous halving, you can see the pump with the price and that is something to look forward in the next halving.
Fundamentally Bitcoin is good, no question about that and this is also why many choose to play long with Bitcoin and that's a good strategy that I will choose as well.
If you can't afford to invest yet that's fine, just save some money and wait for a cheaper price, the bear market is still here and that's a good opportunity to buy.

sheenshane
Legendary
*
Offline Offline

Activity: 2408
Merit: 1215


Cashback 15%


View Profile WWW
October 20, 2022, 11:34:18 PM
 #9

It's also possible that even with the halving, that there's no bull run and that we have reached the ATH for a while.

I think it's better to buy Bitcoin because you believe its fundamentals are good and you think it makes up for sound money.

Anything else -- especially with money you can't afford to lose -- is too risky.
Possible, that there is no bull run but unfortunately, it's proven that Bitcoin has an ATH after the next halving.  It usually occurs after a year of the event.
Accumulating these days is the best thing to do and if you trusted Bitcoin, hold it a long term and wait until the market becomes bullish.

A lot of people now or even governments have the same interest in Bitcoin, they keep it and store value which affects the demand and supply quickly.
But I'm afraid of these big companies that invested in Bitcoin will become a big whales in the future.

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks  Smiley Smiley
No offense.
I didn't visit your Youtube link for some reason, it is good if you'll create here an analysis that supports this.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
goinmerry
Legendary
*
Offline Offline

Activity: 2940
Merit: 1083


View Profile
October 20, 2022, 11:37:25 PM
 #10

Fasten Your Seat Belt Bitcoin Roller Coaster Ride is Going To Start for 2022

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

Always remember that "Past Performance Can't Guarantee Future Results".

On the positive side, it's not that the 2022 bearish market is as bloody as 2018. We already learned from it and this year's bearish trend is somehow manageable.

Just go with the flow and don't feel bitter because the price is not skyrocketing yet.
blue_hurricanger
Full Member
***
Offline Offline

Activity: 653
Merit: 183


View Profile
October 21, 2022, 10:56:41 AM
 #11

Another technical analysis chart. Many times, they were never true for cryptocurrencies. Maybe once you have traded long enough in cryptocurrencies, you'll realize it's very unpredictable and unless the same thing happens twice (never) your chart is meaningless. Right now, unless good data and benchmarks for the economics and stock come out, there will be no bull here or anything near it. People can't pump your bag when they even tighten their wallets even on daily necessities thanks to inflation and the energy crisis.
Tony116
Legendary
*
Offline Offline

Activity: 2142
Merit: 1023


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 21, 2022, 11:30:06 AM
Last edit: October 21, 2022, 11:52:29 AM by Tony116
 #12

We're in development, so we can't expect history to repeat with 100% accuracy. Bear season this year, the market isn't as bloody as it was in 2018 but bear season isn't quite over yet so it can't be said that the worst has happened.
After all, everything is just a guess, so don't wait for a cheaper price. It's also a good time to buy bitcoin as it's 70% off ATH and the market could bounce back from here too, who knows? So take advantage of every opportunity when the opportunity arises.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
AicecreaME
Sr. Member
****
Offline Offline

Activity: 2338
Merit: 454


View Profile
October 21, 2022, 12:35:54 PM
 #13

It has already started when we've seen the quick drop coming from the ATH. However, you can see the huge difference from this year to 2018.

This wasn't as bloody hell as 2018 and this year is like setting a high low if you get the idea of that. We may go through again two to three years of dealing with another bear market until the bull run comes again.

Like it was in the past, many folks have learned their way and lessons for this recent bull run and they'll apply it when it's come again.

Exactly.

I don't think we will go down to $3,236 per Bitcoin again this year or next year, let's hope so since the market is very unpredictable. The last all time high was around $68,000 per Bitcoin and we're really far behind right now, so I don't think it'll go deeper passed $10,000. It's just playing in $20,000 and $17,000. Many people are panicking but what's happening right now is completely normal.
cryptoaddictchie
Legendary
*
Offline Offline

Activity: 2072
Merit: 1315



View Profile
October 21, 2022, 12:58:35 PM
 #14

Two months left and were still at the midst of up and down. This could be assume that bitcoin will have a longer time of consolidation and not enough funds to break out on a time like now which is also in recession stage. Until the market recovers from inflations, we can always be on the turmoil state.

Bitcoin also somehow follw trends and even stock right now is quite cheap. The only thing we can do for now is accumulate those cheap tokens and btc while it still low. Doing a dca could be more effective.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
adaseb
Legendary
*
Online Online

Activity: 3752
Merit: 1710



View Profile
October 22, 2022, 04:22:51 AM
 #15

You must admit that 2022 feels alot like 2018. I think many are expecting the $6K to play out very similar to the low we have now going on. However back in 2018 everybody was bullish in October 2018, right now 4 years later everybody is bearish.

So I would not be surprised instead of breaking $17.5K and heading lower towards $10K, that we break out of this tight range and start to go to $30K or $40K.

These days however its different due to the global markets being under fire. So its up to the economy. However there is a good chance that bitcoin might of bottomed already.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
pooya87
Legendary
*
Offline Offline

Activity: 3444
Merit: 10558



View Profile
October 23, 2022, 03:08:50 PM
 #16

The fact that you use 2018 and 2022 as comparison points shows you are making a mistake. It is naive to think they are the same since 2018 bear market was because of the bubble in 2017 and it was part of the same old 4-year cycle whereas what happened this time in 2022 had nothing to do with any bubbles (since we had none) and the 4-year cycle is already broken.
Consequently what trend bitcoin will follow in the future can not be predicted based on past performances anymore.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
cabron
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 598


https://www.betcoin.ag


View Profile WWW
October 23, 2022, 03:19:11 PM
 #17


We all have our own speculation. Some are just not giving up the idea that supercycle is possible but in the past, it had not happened in crypto yet.  The bullrun is always activated with Halving, the lesser BTC the miners get, the higher the ATH will be after it.

In his short video, he draw a plummet before going up. This could take months before this plummet happens but at least the price will just keep within the range until near the halving date. History repeats itself.

Mpamaegbu
Legendary
*
Offline Offline

Activity: 2688
Merit: 1208


Once a man, twice a child!


View Profile
October 23, 2022, 06:22:25 PM
 #18

OP, if it will interest you to know – this present dump started in March of this year. It isn't something new. If anything, I should think that we're almost getting out of it. I expect a pump in November (it's one of the favourable months for Bitcoin). Drawing a comparison between 2022 and 2018, the video you linked us to didn't do any explanation or analysis. It wasn't helpful in anyway. But come to think of it, those of us who were here in 2018 know that no matter what happens; no matter the extent of dip Bitcoin goes it will surely rise to do another great ATH.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
doomloop
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 581



View Profile
October 24, 2022, 05:43:12 PM
 #19

Another technical analysis chart. Many times, they were never true for cryptocurrencies. Maybe once you have traded long enough in cryptocurrencies, you'll realize it's very unpredictable and unless the same thing happens twice (never) your chart is meaningless. Right now, unless good data and benchmarks for the economics and stock come out, there will be no bull here or anything near it. People can't pump your bag when they even tighten their wallets even on daily necessities thanks to inflation and the energy crisis.
They are not accurate 100 percent but despite of it many crypto traders still rely on them. For them it is better than predicting randomly and I think there are times where their analysis are close to their target and this makes them happy and motivated to analyze again.

Experienced traders are actually the ones who used TA's while new traders can just trade the basic way without doing any complicated analysis. I think once the economy and the stock market normalizes, the bear will still be here and it can last for another 2 or more year. That is what the majority is saying but at least we are going to feel some great relief. That's better than nothing.

Flexystar
Full Member
***
Offline Offline

Activity: 1092
Merit: 227



View Profile
October 24, 2022, 07:14:43 PM
 #20

If a trader is clever enough then they know we are also reaching the halving cycle next year which means lucrative way for the miners and long time hodlers to pump their wallets with some fiat. The market might also go way down than this and keep the FOMO cycle on for sometime. However, this is where smartness needs to be applied and we need to actually buy more crypto than sell it during this period. I am definitely looking forward to watch out my portfolio during this season since once you miss it, you gonna wait for another 4 years to achieve the same level of down turn. Who might have thought that bear market is blessing and when it's in the halving period its even greater for the profit bookings.
Pages: [1] 2  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!