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Author Topic: How do you feel about market recovery  (Read 1989 times)
SmartGold01 (OP)
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January 13, 2023, 05:27:19 PM
Merited by QueenVera (2)
 #1

Hello dearies!

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?

Please don't find my post as annoying because I m also learning which I strongly believe I will know more better as time comes.

You can table out your opinion.

.
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January 13, 2023, 06:04:43 PM
 #2

I don't think it is time to expect bulls to be back into the market. Maybe there is another reason towards the sudden rise.  The bull circle is expected to take full effect after btc halving but that does not mean the market will remain stagnant.
I don't feel left out at all, even if you have not accumulate btc around 16k there is still time to do so since this current price will likely correct. There is enough time from now till btc halving to buy whatever you can afford.

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January 13, 2023, 06:23:54 PM
 #3

Go search basic history price movement bitcoin.

Simple research "Bitcoin Halving" movement
- Bullish Momentum (15-20x) from the price low
- Bearish around -75% to -85% counted from the all-time high.

We don't know the bullish started or not, however the best price or condition to be buy is (At the time people/media or other tell to you bitcoin is death). That's the good time to be buy, and just waiting "HALVING:.

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January 13, 2023, 06:31:13 PM
 #4

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?

Not a single asset goes up/down in a straigth line. Bitcoin pumped to 69k from 3k. Dumped from 69k to 16k. The 16k-20k recovery is nothing spectacullar that needs strong positive news to happend. Its just an everyday price action. It only looks like a big move because bitcoin was in ATL in terms of volatility last 2 months.

BTC is in bear market for 400 days. 600 days if we skip fake new ATH in Now 2021. Fear greed index show extreme fear for last whole year if we skip few days of fear and neutral. This bounce is nothing strange.
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January 13, 2023, 06:31:38 PM
 #5

Feels too good to be true actually. It does look fake as it suddenly just jump this high while I expect to dip lower than $16k because, in the previous months, it goes that low, I was thinking it may retest that support line again before going up.

I'm almost sure that I'm not just the only one who looks at it that way but yep. If I chase the market and buy, I might get burned. The bears who tried 10x on the futures market probably got burned already.


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January 13, 2023, 07:21:16 PM
 #6

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?
Still quite happy to see the market go up a little even though many have said this is the start of recovery but still very far from a very deep decline even I have bought at several prices above $ 20k more it's just that I will continue to hold until the price really goes up high again .

Well I feel left behind I will continue to buy, before $20,000 or after that I think it's still a good opportunity because I don't want the opportunity to go to waste.
The increase is still in a positive trend.

R


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January 13, 2023, 07:58:20 PM
 #7

Let’s not jump into conclusions that the market is recovering, I still think it has a lot of time to go before it can be said that the market is recovering, I noticed some coins like Solana has See good times recently but it’s still not a guarantee that the market has taken off.

I am not too worried about the market because I am holding mainly bitcoin and even if it’s just at $18,000 it has a better odds of rising than many altcoins.

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January 13, 2023, 08:17:35 PM
 #8

~
Yeah, it is still too early to jump into conclusion right now. Bitcoin has been right around 19k+ as of writing this. It is still yet too small of a movement to conclude that bullish market has either started or is yet to start.

No worries about it if the money you invested is worth losing anyway and that's usually my go-to rule when it comes to buying more Bitcoin during these times of bearish. I stay away from altcoins as much as possible considering on how some devs back then decided to screw with me.
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January 13, 2023, 09:07:50 PM
 #9

for the current market recovery, no one knows what caused it, on the other hand, many are speculating that this year the price of bitcoin will drop to $ 12k, some say it will start bullish. but in my opinion it's just a cycle and don't know what the reason is definitely take advantage of a situation like this to collect more. lots of FUD spread about the death of bitcoin but to me it's an advantage to get such a low price.
as we can see today, last December there was a lot of FUD circulating about the negative things about bitcoin and in the end bitcoin started to recover with a slight increase. this is one proof that now is the right time and it is worth holding on until the bulls arrive.
and i never felt left behind because before it was too late from the bearish start i had started to collect.

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January 13, 2023, 09:08:43 PM
 #10

Hello dearies!

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?

We are still in the bear market OP but I never feel worried about the market situation. We can say that we are not yet recovering as the price of Bitcoin is still below $20k but never I think we drop more. You have read about halving and many people are talking about it because it is expected that the bull market will come next to it. That is why they are more excited to see it happen again and they are preparing and accumulating more coins to make ready for the said big crypto event before the surge begins. Don't skip to do that as well, the opportunity is knocking on you now.  

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January 13, 2023, 09:22:10 PM
 #11

Hello dearies!

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?

Please don't find my post as annoying because I m also learning which I strongly believe I will know more better as time comes.

You can table out your opinion.
This is not a bull market as not every single upwards movement means that a bull is in process, this is a correction, as the price had remained at very low levels for a very long time and it was impossible for it to remain there forever, and while the recovery itself does not surprise me what surprises me is that it has come so early on this year, I had thought that it would take us months for this to be accomplished but it seems the economy is recovering as well and this helped bitcoin to move ahead of schedule.
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January 13, 2023, 09:52:22 PM
 #12

Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
Market developments are still like this, it cannot be said to be safe even though it has been able to break back to 19k. this is because we know that the bearish cycle will continue. Maybe at the beginning of this year, there was a positive market trend that we experienced so that we could breathe a little easier for a moment because the price of Bitcoin has increased quite significantly lately, after previously we felt very low because the price of Bitcoin was decreasing. However, on the other hand, we are well aware that a price drop is very natural during the bearish era and we must be able to overcome it.

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?
Once again, it's okay for us to feel a little more relieved with the current market conditions, but we shouldn't get carried away with the next market because we know that the market is very unpredictable. I don't know whether this positive trend will last for a few days, but one thing is certain, if there is a deeper wave of market correction later, we must be prepared no matter what. stay alert and don't panic with the various conditions experienced by the market.

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January 13, 2023, 09:54:03 PM
 #13

Let’s not jump into conclusions that the market is recovering, I still think it has a lot of time to go before it can be said that the market is recovering, I noticed some coins like Solana has See good times recently but it’s still not a guarantee that the market has taken off.

I am not too worried about the market because I am holding mainly bitcoin and even if it’s just at $18,000 it has a better odds of rising than many altcoins.
Probably a bull trap or a real one, too early to celebrate but this is still a good sign.
The market shows a good pump in the past few days, many are shock to see Bitcoin hitting the $19k mark again, if there’s still a good momentum we might see that trend to continues, altcoins should also follow the trend. Let’s be more positive this time and be more bullish, its about time to recover.

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January 13, 2023, 10:05:05 PM
 #14

Let’s not jump into conclusions that the market is recovering, I still think it has a lot of time to go before it can be said that the market is recovering, I noticed some coins like Solana has See good times recently but it’s still not a guarantee that the market has taken off.

I am not too worried about the market because I am holding mainly bitcoin and even if it’s just at $18,000 it has a better odds of rising than many altcoins.
Probably a bull trap or a real one, too early to celebrate but this is still a good sign.
The market shows a good pump in the past few days, many are shock to see Bitcoin hitting the $19k mark again, if there’s still a good momentum we might see that trend to continues, altcoins should also follow the trend. Let’s be more positive this time and be more bullish, its about time to recover.
^ Let us hope it is because as of now, no one really knows which trend we are, it is simply because after a market crash, of course, there is market resistance and here we are now. But you are definitely right, it is too early to celebrate it could be a trap or it could be a start of a bull market, one thing that could the best thing we do, just keeps holding or never sell under the price. Once BTC will go up, altcoins will follow the trend this has been proven so many years and those who have already experienced will not panic. I think the market was been getting over the FUD.
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January 13, 2023, 10:21:01 PM
Last edit: January 13, 2023, 10:31:04 PM by AmoreJaz
 #15

Let’s not jump into conclusions that the market is recovering, I still think it has a lot of time to go before it can be said that the market is recovering, I noticed some coins like Solana has See good times recently but it’s still not a guarantee that the market has taken off.

I am not too worried about the market because I am holding mainly bitcoin and even if it’s just at $18,000 it has a better odds of rising than many altcoins.
Probably a bull trap or a real one, too early to celebrate but this is still a good sign.
The market shows a good pump in the past few days, many are shock to see Bitcoin hitting the $19k mark again, if there’s still a good momentum we might see that trend to continues, altcoins should also follow the trend. Let’s be more positive this time and be more bullish, its about time to recover.
^ Let us hope it is because as of now, no one really knows which trend we are, it is simply because after a market crash, of course, there is market resistance and here we are now. But you are definitely right, it is too early to celebrate it could be a trap or it could be a start of a bull market, one thing that could the best thing we do, just keeps holding or never sell under the price. Once BTC will go up, altcoins will follow the trend this has been proven so many years and those who have already experienced will not panic. I think the market was been getting over the FUD.

now, it is up to you if you will accumulate more while it is still below 20k. once it surpasses the 20k level, it may go up fast. so better decide now while it is still good opportunity to collect more satoshis. it depends on how you look at this market, either you are a believer or not. we have seen countless times the up and down movement. so if you do believe that it will go up more than 20k, why not lose this opp to get more if you have extra funds?

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January 13, 2023, 10:53:56 PM
 #16

We can't be conclusive, yet it is a strong recovery. Myself predicted the market to move slowly, but the price will cross $20k by today. It is said as temporary recovery, but this price won't further drop big in the coming days. All that planned for the bottom investment will he worried of missing opportunity. Whether it is bull trap or real growth, it is time to enjoy the growth after long term.

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January 13, 2023, 11:05:12 PM
 #17

can't truly say it's gonna be sign of bullish but this is really welcomed recovery at least it has higher chance of becoming bullish than before.
even though so many considering this increase as just some fake recovery but you could see that other majority of alts in general is also recovering, it might be a really good sign honestly.

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January 13, 2023, 11:32:50 PM
 #18

so many people are pretty pessimistic in this regard, however i'm sure it's the sign of bullish, the standing of btc is becoming stronger than before even it's showing signs of altcoin seasons.
if this keeps up, in no time eventually we'll see bullruns, even though it might be well just faked bullrun attempt from the whales but i'm sure it isn't, cryptocurrencies seriously needs bullrun nowadays considering after the crashes and collapses of many big companies, it's already endured enough until now.

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AmoreJaz
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January 13, 2023, 11:37:52 PM
 #19

We can't be conclusive, yet it is a strong recovery. Myself predicted the market to move slowly, but the price will cross $20k by today. It is said as temporary recovery, but this price won't further drop big in the coming days. All that planned for the bottom investment will he worried of missing opportunity. Whether it is bull trap or real growth, it is time to enjoy the growth after long term.

pretty sure, some of the exchanges especially local crypto exchanges already surpassed the 20k mark. check their sell order and it is already over 20k. on this regard, it is on your hands how you will decide on this market, get more or wait more. but don't regret if this trend will continue. though it is too early to tell where the market is heading to but you need to think of your options before it is too late for you to grab some valuable coins.

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January 13, 2023, 11:47:58 PM
 #20

The market right now stabilizes at the certain price point and it is hard to tell when will recovery really begin. All I know is that if it crosses $20k market price for Bitcoin, then there is a chance for a higher market value but won't guarantee a continuous increase given that factors are still lacking. In every bullish trend ,there is a reason and we are still waiting for that one. Right now, that reason I guess would happen in 2024 because of the anticipated Bitcoin halving. And for this year, there's nothing yet. But If I'm not mistaken, there is an anticipated increase with stock market on the third quarter of this year which MAY have an impact to this industry thru indirect influence, so maybe it could be one of the possibilities.

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