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Author Topic: How long do you think the market will take to recover?  (Read 2852 times)
Mpamaegbu
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December 04, 2022, 04:20:31 AM
 #261

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?
Yes, Bitcoin recovered to $17k but it's not looking convincing to keep at it. It will slump. Already investors have started point at the $13k region. Honestly, it feels kind of disappointed that Bitcoin didn't do well in November which was the month I speculated it would show some strength. December hasn't been any good as it's the month most investors take profit for spending during the yuletide season. We aren't likely to see a different scenario this year. Talking about ATH? Nah! No one is even expecting Bitcoin to get to its previous ATH of $68k next year. We wait till 2024.

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December 04, 2022, 02:54:06 PM
Last edit: December 07, 2022, 04:49:08 PM by samcoin
 #262

It's surely disappointing to watch Bitcoin price hitting new lows that most people weren't expecting, especially after losing the $20k levels that was the top of previous cycle, in addition to many completly different events from which the world is suffering now like the Russian War and the possible economic recession. With this in mind, I doubt we will witness any significant rally in Bitcoin price in the near future. My own expectation is that Bitcoin will start to recover in the beginning of 2024 as we might see some halving FOMO concurrently with some positive economical signals. Nonetheless, I bought at different price levels and will continue to DCA my Bitcoin holding whether it went lower or not.

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December 07, 2022, 12:09:18 PM
 #263

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?

but how long to recover from the losses since the last ATH? then this will take long in my humble position because we knew that Halving mostly is the timing when the market make its way up.

Halving is definitely a trigger, but big things happen only in a year after halving, so I think that 2025 has the potential to be a crazy year that will bring a lot of excitement. Until halving, I don't think we will see some bigger movements from this price, in both directions, and if it happens it will have a short breath. Of course, if history repeats itself once again, and many of us think it will, at least we think there are good chances for that.

but while we are waiting for halving (actually 2024 not 2025) at least lets see some action in the coming years , maybe some 20k is better to be in these situation than accepting that this is a complete sad story for 2022 and 2023.

But when there is this bad coming and happening , then let us see the days of going towards profiting having the advantage of buying this low now.

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December 07, 2022, 02:25:22 PM
 #264

Talking about ATH? Nah! No one is even expecting Bitcoin to get to its previous ATH of $68k next year. We wait till 2024.

Today's market is very different, the state of the world economy looks bad. I hope this doesn't affect investors' interest in BTC. But in reality I think there will be many people who meet basic needs before investing. That's likely to happen if a recession does happen.
During my experience with Halving twice, of course the hope is that 2023 will be an optimistic time for buyers to collect BTC. After that the price gradually increases, and the ATH peak usually occurs after the halving. So maybe in 1 or 2 years the market might be good again. IMO

R


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December 08, 2022, 12:39:15 PM
 #265

The current market situation is very bad and it is needless to say how much time it will take to recover from this situation.The market has gone from a high point to a very low point and it will take a long time for the market to recover.Many believe that between 2024 and 2025, Bitcoin will be in a good position.I don't think the market will recover before then.Right now those who are in loss on trading platform and investing must have to wait for long term otherwise there is no other way.But believe that there will definitely be a market recovery.
At the moment the market position is not very good especially the Bitcoin market has decreased a lot due to which the price of all purchases in the virtual world has gone down. And many gamblers have suffered a lot. Right now there is a lot of news that the price of bitcoin will drop further but the bitcoin market will rebound again but it will take time. Bitcoin market is likely to recover again in 2024. Therefore, if you invest from the current price of the Bitcoin market, it is possible to make a profit later. And those who bought and held various coins including Bitcoin for a long period of time in the market can recover if they hold for a long time in the future.
People all over the world are facing many problems due to the dumping of bitcoin price. But I think due to the bitcoin price we have to buy online at very high prices due to which we are losing a lot. Let's see what happens in the coming days.

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December 11, 2022, 06:29:15 AM
 #266

The current market situation is very bad and it is needless to say how much time it will take to recover from this situation.The market has gone from a high point to a very low point and it will take a long time for the market to recover.Many believe that between 2024 and 2025, Bitcoin will be in a good position.I don't think the market will recover before then.Right now those who are in loss on trading platform and investing must have to wait for long term otherwise there is no other way.But believe that there will definitely be a market recovery.
At the moment the market position is not very good especially the Bitcoin market has decreased a lot due to which the price of all purchases in the virtual world has gone down. And many gamblers have suffered a lot. Right now there is a lot of news that the price of bitcoin will drop further but the bitcoin market will rebound again but it will take time. Bitcoin market is likely to recover again in 2024. Therefore, if you invest from the current price of the Bitcoin market, it is possible to make a profit later. And those who bought and held various coins including Bitcoin for a long period of time in the market can recover if they hold for a long time in the future.
People all over the world are facing many problems due to the dumping of bitcoin price. But I think due to the bitcoin price we have to buy online at very high prices due to which we are losing a lot. Let's see what happens in the coming days.
it seems that there will be no fundamental changes to end this year and I agree that bitcoin will start to improve when the halving period is coming, then a year later ATH will occur.
so don't expect that there will be significant changes to close at the end of this year and it looks like 2023 will also not happen that bitcoin will start to get better, because from the economist's analysis that was precisely the year the economic crisis began.
you can be sure that all will refrain from spending existing funds for interests that are not very important at all.

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December 11, 2022, 07:35:30 AM
 #267

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?

but how long to recover from the losses since the last ATH? then this will take long in my humble position because we knew that Halving mostly is the timing when the market make its way up.

   - For about 2 weeks the price of Bitcoin has been playing in the market between 16500$ to 17k$+ its price according to the Binance exchange that I am currently using. In the analysis, we will stay at this value for a few more months, so maybe day trading is the best way to generate profit here.

But if you are a long term holder who is a type of trader here in the crypto space, even if you don't do day trading, it's okay anyway.

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December 11, 2022, 08:39:59 PM
 #268

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?

but how long to recover from the losses since the last ATH? then this will take long in my humble position because we knew that Halving mostly is the timing when the market make its way up.
One thing is that it is never easy to predict what will happen in the market, continuously monitoring the price will be heartbreaking, most people have sold all of their assets just to watch the market, investing is not for the weak, looking at those who purchased when bitcoin was priced at around 60,000 and now it is between 16,000 and 17,000, the best course of action after investing is just to hold to make a profit and not selling off and avoid altcoins.

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December 11, 2022, 08:43:09 PM
 #269

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?

but how long to recover from the losses since the last ATH? then this will take long in my humble position because we knew that Halving mostly is the timing when the market make its way up.
One thing is that it is never easy to predict what will happen in the market, continuously monitoring the price will be heartbreaking, most people have sold all of their assets just to watch the market, investing is not for the weak, looking at those who purchased when bitcoin was priced at around 60,000 and now it is between 16,000 and 17,000, the best course of action after investing is just to hold to make a profit and not selling off and avoid altcoins. Learning to manage risk and scams should also be a priority.

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December 11, 2022, 09:07:23 PM
 #270


People all over the world are facing many problems due to the dumping of bitcoin price. But I think due to the bitcoin price we have to buy online at very high prices due to which we are losing a lot. Let's see what happens in the coming days.
Since almost no analyst analysis has turned out as expected because the market has not yet stabilized, I have stopped making predictions about this bear cryptocurrency market. The market has no immediate signs of rising, but it will undoubtedly rise over time, perhaps before Bitcoin's 2024 halving. Perhaps we should just keep investing conservatively with the money we know we won't need anytime soon.

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GeorgeJohn
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December 11, 2022, 11:30:55 PM
 #271

there is a small recovery happens this december as bitcoin finally broken 17k again and looking at it now? seems that there is a chance to remain this position or at least going more up for this month and the end of the year?

but how long to recover from the losses since the last ATH? then this will take long in my humble position because we knew that Halving mostly is the timing when the market make its way up.
One thing is that it is never easy to predict what will happen in the market, continuously monitoring the price will be heartbreaking, most people have sold all of their assets just to watch the market, investing is not for the weak, looking at those who purchased when bitcoin was priced at around 60,000 and now it is between 16,000 and 17,000, the best course of action after investing is just to hold to make a profit and not selling off and avoid altcoins. Learning to manage risk and scams should also be a priority.
Nobody who purchased Bitcoin when the price of Bitcoin was in higher point or value like the stage it was in the point of sixty thousands and above and hold to this point that the price is in seventeen thousand to twelve thousand (17k-12) or nether sixteen thousand (16k). So i believe that Bitcoin if you purchase in that period nothing will make you to sell to low level or low price.

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December 13, 2022, 08:13:54 PM
 #272

I don't think, the time is far for the cryptocurrency market to recover because the red light is no longer stable like it was From the beginning of this year 2022, show that people will feel the bull market before the end of December so that the massive bull will take place starting from January. Since the price of cryptocurrency has moved up in a bit few hours ago for those that still want to buy and hold to use this period to buy because the bear market is coming to an end soon for people to enjoy their long term trading in the community.
There's no such thing about an assured turning point if we do say about months or years or on when it would happen because there's no one would able to say so because this market had been
unpredictable since from the beginning.It might really be showing some green signal as of this moment or simply it is really getting some increase but it wont really give out some solid signal or assurance
that we would really be having a turning point.This is where it makes really that hard to make out decisions whether we do buy in or would really be waiting further
for us to enter on cheapest price as possible.There's no man would be able to know on when it would gonna happen.

bounceback
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December 14, 2022, 02:22:27 AM
 #273

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

What will happen next?

How long do you think the market will take to recover?
Maybe waiting for further declines is the right choice when we are in a bear market like now and we do not rule out the possibility that the market will continue to fall due to the panic and fear that the market experiences during the bearish season, waiting for the market to recover I think we need a little longer and maybe we will see that happen when the next bitcoin halving occurs because at the time of the bitcoin halving usually the market will experience a significant price increase and will make all the coins on the market experience a higher price increase.

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LastKiss
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December 14, 2022, 04:23:12 AM
 #274

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

What will happen next?

How long do you think the market will take to recover?
Maybe waiting for further declines is the right choice when we are in a bear market like now and we do not rule out the possibility that the market will continue to fall due to the panic and fear that the market experiences during the bearish season, waiting for the market to recover I think we need a little longer and maybe we will see that happen when the next bitcoin halving occurs because at the time of the bitcoin halving usually the market will experience a significant price increase and will make all the coins on the market experience a higher price increase.

The market is in a bear situation which means we don't know the bottom of the current situation, DCA will be better if we are uncertain when the bottom is but don't ever DCA without any research. For example, there are a lot of hacked platforms lately and in some cases that make few projects in a dire situation, if there's still a lot of FUD out there use a little money to DCA, and when the situation got better use more money to DCA.


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