kawetsriyanto
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Merit: 1139
duelbits.com
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January 12, 2023, 09:25:25 PM |
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A nice breakout today, as I type this the price of bitcoin is $18,867. We’re up over 7.5% in the last 24 hours. Nobody can complain about seeing a rise like that in the current financial situation Now, it is almost $19k. Bitcoin price is $18.9++, it seems we will achieve $19k today. Anyway, I don't know what the reason behind this rising is. Do you have any clue about this, mate? It’s difficult to say if the bear market is over. We need to see a much more convincing rise before we can be sure. I still think we will go lower in 2023 at some point but obviously the higher we go, the less confident I’ll be about that.
Agree. At least, Bitcoin price should pass $20k and start to increase constantly to $25k. At this time, we may conclude that the bearish season is over already. For me, $25k is the most crucial rate to determine whether the bearish stays or ends. As long as the price is still below $25k, I personally assume we are still in the bearish. Anyway, I don't think the price will have a chance to be lower than in 2022.
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wheelz1200
Legendary
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Activity: 3780
Merit: 1418
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January 12, 2023, 10:18:02 PM |
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A nice breakout today, as I type this the price of bitcoin is $18,867. We’re up over 7.5% in the last 24 hours. Nobody can complain about seeing a rise like that in the current financial situation Now, it is almost $19k. Bitcoin price is $18.9++, it seems we will achieve $19k today. Anyway, I don't know what the reason behind this rising is. Do you have any clue about this, mate? It’s difficult to say if the bear market is over. We need to see a much more convincing rise before we can be sure. I still think we will go lower in 2023 at some point but obviously the higher we go, the less confident I’ll be about that.
Agree. At least, Bitcoin price should pass $20k and start to increase constantly to $25k. At this time, we may conclude that the bearish season is over already. For me, $25k is the most crucial rate to determine whether the bearish stays or ends. As long as the price is still below $25k, I personally assume we are still in the bearish. Anyway, I don't think the price will have a chance to be lower than in 2022. What is the benchmark of $25k mean in terms of market sentiment? I don't do much TA but is that the 200 day moving average or something? Don't just use an arbitrary number and think after it reaches over that we are in a bull market. Crypto spikes all the time, sustained price increase rather than a price benchmark is probably a better way to view market conditions. Just my 2 Satoshi on it.
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bitcampaign
Sr. Member
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Activity: 1946
Merit: 268
Vave.com - Crypto Casino
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January 12, 2023, 10:29:00 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
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cryptosru
Copper Member
Jr. Member
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Activity: 125
Merit: 3
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January 13, 2023, 10:09:26 AM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingIt is necessary to be ready for the long bear market. The economic situation in the world does not change. But bear market is the time to buy the crypto for the best price. It is necessary to use all the opportunities of the bear market The condition of cryptocurrency market depends a lot from the global economy. Hope soon the situation will change and cryptocurrency market will restore. But it is difficult to say how long will be a bear market.
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len01
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January 13, 2023, 01:26:44 PM |
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It’s difficult to say if the bear market is over. We need to see a much more convincing rise before we can be sure. I still think we will go lower in 2023 at some point but obviously the higher we go, the less confident I’ll be about that.
Agree. At least, Bitcoin price should pass $20k and start to increase constantly to $25k. At this time, we may conclude that the bearish season is over already. For me, $25k is the most crucial rate to determine whether the bearish stays or ends. As long as the price is still below $25k, I personally assume we are still in the bearish. Anyway, I don't think the price will have a chance to be lower than in 2022. this is only limited to my predictions and have not fully conducted in-depth research. I think $25k doesn't mean it's the end of the bearish because last year's ATH price was $60k and according to my observations the bullish predictions don't arrive that fast, there will be many problems to go through in some seasons like previous years. I actually have a prediction that the bearish will end if at least the BTC price can pass $ 50k, that's the most appropriate for me. but all of that is just my temporary prediction because I haven't done detailed research yet.
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Magic-Money
Jr. Member
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Activity: 408
Merit: 3
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January 13, 2023, 02:36:07 PM |
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The cryptocurrency market is gradually recovery base on news impact about U.S financial infrastructure to a respect of inflation rate across the globe, which has given crypto market strength, while the Big one is worming up for next Bull Run.
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dimonstration
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January 13, 2023, 02:42:04 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
You shouldn't think that way if you are using the crypto cycle for your price prediction. Don't be easily fooled by a price relief since this is just a result of the recent announcement about the decrease of the interest rate for inflation. The crypto cycle usually takes 4 years to complete a cycle while we just finish the recent cycle. I'm happy that Bitcoin and crypto market is making a good rally because I have crypto holdings but I just don't want to have high hopes for things that are not certain just because the price makes a movement that is still in the price range since last year.
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Fredomago
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Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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January 13, 2023, 04:59:10 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
You shouldn't think that way if you are using the crypto cycle for your price prediction. Don't be easily fooled by a price relief since this is just a result of the recent announcement about the decrease of the interest rate for inflation. The crypto cycle usually takes 4 years to complete a cycle while we just finish the recent cycle. I'm happy that Bitcoin and crypto market is making a good rally because I have crypto holdings but I just don't want to have high hopes for things that are not certain just because the price makes a movement that is still in the price range since last year. You need to re-assess your observation and try to go deeper, though if you are really confident that something good will happen this year and you are willing to gamble with things that you believe, buying is not a bad idea. Just make sure that you are ready no matter what, with the kind of market movement crypto market has, it's not easy to predict the market. Everything is just an assumption and own opinion. You need to live in your own assessment and observation. As long as you have that confident and you are already done studying the potential of your investment, it's your money and your decision to make.
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alan228
Jr. Member
Offline
Activity: 250
Merit: 1
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January 14, 2023, 08:33:50 AM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingThe condition of cryptocurrency market depends a lot from the global economy. Hope soon the situation will change and cryptocurrency market will restore. But it is difficult to say how long will be a bear market. Cryptocurrency market started to rise. But the questing is how long will be such rise. That cryptocurrency market will start to rise it is necessary that the economic situation in the world will change.
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nininyashka
Newbie
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Activity: 72
Merit: 0
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January 15, 2023, 10:36:03 AM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingCryptocurrency market started to rise. But the questing is how long will be such rise. That cryptocurrency market will start to rise it is necessary that the economic situation in the world will change. A lot of people believe that soon bear market will over but nobody knows when it will be soon. People do not want to loose their money that is why they are waiting for a bear market. Now cryptocurrency started to rise but nobody knows how long will be such rise. A lot depends on the economic situation in the world and cryptocurrency news.
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Jackl87
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January 15, 2023, 12:26:18 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
I can also see that maybe we will see the start of a new bull run in 2023, but i don't really think that we are already in that phase right now. I think that at the moment we are just seeing a bull trap. The prices seemed to have stabilize now in the last 24 hours or so and there were no more big movements here. So it will be interesting to see where the next movement goes. I think we will see a small correction downwards again first. Regarding the start of a real bull run, i think this is still at least a few months out. The next bitcoin halving is still 17 months out and i don't really think we will see the impacts of that event earlier than 6 months before it happens.
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fuguebtc
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January 15, 2023, 01:12:50 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
I can also see that maybe we will see the start of a new bull run in 2023, but i don't really think that we are already in that phase right now. I think that at the moment we are just seeing a bull trap. The prices seemed to have stabilize now in the last 24 hours or so and there were no more big movements here. So it will be interesting to see where the next movement goes. I think we will see a small correction downwards again first. Regarding the start of a real bull run, i think this is still at least a few months out. The next bitcoin halving is still 17 months out and i don't really think we will see the impacts of that event earlier than 6 months before it happens. If this is a price trap, as you say, then I believe bitcoin will keep going up, not falling, bitcoin is only up 15% and people are starting to think that bear season is over, but not many people are buying bitcoin yet. So one more rally is needed for people to really Fomo and believe that the bears are gone, people will rush to buy bitcoin at a higher price than it is now. Anyway, it's all speculation, it could be a trap, could also be a bullish sign, who knows?
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monineklutak
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January 15, 2023, 01:15:45 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
I can also see that maybe we will see the start of a new bull run in 2023, but i don't really think that we are already in that phase right now. I think that at the moment we are just seeing a bull trap. The prices seemed to have stabilize now in the last 24 hours or so and there were no more big movements here. So it will be interesting to see where the next movement goes. I think we will see a small correction downwards again first. Regarding the start of a real bull run, i think this is still at least a few months out. The next bitcoin halving is still 17 months out and i don't really think we will see the impacts of that event earlier than 6 months before it happens. yes indeed the bear market will continue maybe until next year, but we also have to remember that many people also just entered the world of crypto currency this year, and this year is the year where the price of Bitcoin or altcoins is at the bottom, and I think those who will say that the bear market is still going on are only old players and for new players this year it is a bull market.
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RAppleby
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January 16, 2023, 09:12:39 AM |
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It should still be a few months before the end of the bear market. But no one knows what will happen in the future. We can only infer what can happen in the near future based on market conditions. The price of encryption has indeed been on the rise recently, which is a good sign. We know a bull market is definitely coming.
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borovichok
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January 16, 2023, 10:08:22 AM |
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yes indeed the bear market will continue maybe until next year, but we also have to remember that many people also just entered the world of crypto currency this year, and this year is the year where the price of Bitcoin or altcoins is at the bottom, and I think those who will say that the bear market is still going on are only old players and for new players this year it is a bull market.
The bear market have been here for such a long time, with heavy dump on coins. Bitcoin is the top project which affects most traders in the market with his long downtrends candles. The experienced traders are already used to the pattern of the dump period while those newbies in the space keep on panicking about the dump period but with time they would definitely get used to it. One tthing in the market is to master one particular strategy that would be part of your plans for the market, and will help in gathering your profits.
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purka5
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January 16, 2023, 10:24:52 AM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingThe condition of cryptocurrency market depends a lot from the global economy. Hope soon the situation will change and cryptocurrency market will restore. But it is difficult to say how long will be a bear market. It is hard to say how long will be the rise of the cryptocurrency market but I want to believe that such rise will continue because many people are waiting for the rise of the market and want that bear market will over.
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verushka
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January 17, 2023, 10:14:29 AM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingIt is hard to say how long will be the rise of the cryptocurrency market but I want to believe that such rise will continue because many people are waiting for the rise of the market and want that bear market will over. Cryptocurrency market started to rise. Many people are hoping that such rise will continue. But a lot of depends how long will be a rise. If it will continue more and more people will invest in the cryptocurrency.
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Angry_Kitty
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January 18, 2023, 03:25:28 PM |
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Bear market came for a long time and it is necessary to be ready for it. In such situation it is necessary to be adopted for the bear market and continue to promote the project in all conditions offering useful tools and products and bonuses like this https://coinplay.com/bonus/welcome_bonus_casino_bettingCryptocurrency market started to rise. Many people are hoping that such rise will continue. But a lot of depends how long will be a rise. If it will continue more and more people will invest in the cryptocurrency. If cryptocurrency will continue to rise it will attract more attention to crypto and it will become more popular and in demand. Also rise of the market is a good opportunity to earn money.
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klidex
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January 18, 2023, 03:43:59 PM |
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lately the price of bitcoin and crypto has been creeping up i think this is the right time to buy a lot because i believe the bear market is really over this year, i believe this cycle will repeat itself like before
I can also see that maybe we will see the start of a new bull run in 2023, but i don't really think that we are already in that phase right now. I think that at the moment we are just seeing a bull trap. The prices seemed to have stabilize now in the last 24 hours or so and there were no more big movements here. So it will be interesting to see where the next movement goes. I think we will see a small correction downwards again first. Regarding the start of a real bull run, i think this is still at least a few months out. The next bitcoin halving is still 17 months out and i don't really think we will see the impacts of that event earlier than 6 months before it happens. yes indeed the bear market will continue maybe until next year, but we also have to remember that many people also just entered the world of crypto currency this year, and this year is the year where the price of Bitcoin or altcoins is at the bottom, and I think those who will say that the bear market is still going on are only old players and for new players this year it is a bull market. What you have said is the same as the predictions and research that I have done. Namely the bear market will continue until at least 1 to 1.5 years in the future and only then will the market begin to slowly increase gradually until a bull market actually occurs. I think the increase in the price of Bitcoin and some Altcoins at this time is due to the hype about Shitcoin so that many investors are coming in and adopting Bitcoin which makes the market improve a little. However, the current situation will not last long, so we still have to be careful and alert to our future steps.
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hitsnorth
Jr. Member
Offline
Activity: 145
Merit: 1
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January 18, 2023, 05:08:48 PM |
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As we can see today, it might not be over. But I don't feel disappointed, I was expecting something like that. I'm thinking about buying some more. And you?
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