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Author Topic: How do you feel about market recovery  (Read 2004 times)
landheer
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January 15, 2023, 12:37:53 AM
 #41

yes of course with the market recovery like now and crypto prices going up that makes me happy, and actually the increase in crypto prices is now a puzzle whether it will continue to rise or whether it will immediately fall after a few days of rising, but with an increase like now for those who invest short term will definitely sell it and will buy it again from the bottom. so the point is to be careful with the increase now because what is feared will fall even deeper.
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January 15, 2023, 02:01:29 AM
 #42

Of course not, this is not the bull, we are still very far from such a saying, the market's recovery slightly and the rise of Bitcoin to $ 21,000 does not mean the end of bear season and the beginning of the bull.
Also, some altcoins have achieved a significant increase, such as:

GALA 260%, SLO 209% , APT 170%, GMT 140%, MANA 120%

The news of lower inflation in the United States caused this bullish rally in the market and now that will more than likely pass, so don't expect the rally to continue.

Therefore, I expect that the market has taken its limit now, and Bitcoin will start to decline and return to 17k$ levels, and if it exceeds this number, we may witness a new bottom.

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January 15, 2023, 06:57:12 AM
 #43

yes of course with the market recovery like now and crypto prices going up that makes me happy, and actually the increase in crypto prices is now a puzzle whether it will continue to rise or whether it will immediately fall after a few days of rising, but with an increase like now for those who invest short term will definitely sell it and will buy it again from the bottom. so the point is to be careful with the increase now because what is feared will fall even deeper.
It's true that we don't know whether the increase in crypto prices at this time will last or not because the current market conditions are unpredictable.
We must always be careful in our actions so that we don't regret it just because we didn't do in-depth research and analysis.
However, this increase cannot be a guarantee that the market can really recover and experience a bull market.
I myself have done some research on the crypto market and the result this year will be a little bit deeper in the middle of the year and the market could start to really appreciate later in the next year, but everything I'm saying is just my own research so if you If you don't feel right, you can do your own research.

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January 15, 2023, 07:43:28 AM
 #44

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:.

Bitcoin already corrected by nearly 81% of its ATH so I think the current pump is necessary to bring more people in before moving down again, some people started to FOMO in from what I see on Twitter. However, we should be prepared for any scenario, the halving looks far from here, and even bear market have some upward corrections, so the way isn't straight down, like it wasn't straight up in the bull market.

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January 15, 2023, 11:02:25 AM
 #45

(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.

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January 15, 2023, 12:59:54 PM
 #46

I feel like the situation doesn't really give me hopes for a big bull run just yet. I know some people think that this is start of a bull run, but I think not yet, it is going to take a while before we could reach there. I know that it will happen, and I trust that bitcoin will break ATH again, maybe this year or maybe some other year but it will happen.

All I am saying is that we are not going to see that skyrocketing price anytime soon just yet. This was a good increase, and I am expecting it to either stay around here, or drop, or maybe go up just a tiny bit, like 10-20% more, but not going to see those amazing 2x or more increases just yet, it will have to wait some more.

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January 15, 2023, 01:10:31 PM
 #47

(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.

true, the recent increase is very unnatural, there are many suggestions for community members to continue to be careful if you want to enter the market at this time, it could be that this increase is just a camouflage for bitcoin which always went down before,

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yazher
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January 15, 2023, 01:44:16 PM
 #48

You can consider buying right now but you need to be careful in choosing the right coins to buy because other coins won't recover when the crypto market will back to normal. Others will undoubtedly recover because their developers are actively updating their platforms for example Binance and the like of it. If you want to sacrifice some money that you can afford to lose, you can go for the latest altcoins that have some active developers that are really true to their project by showing themselves to the public and not hiding their faces to avoid their investors when things will not go as planned or they failed to accumulate the right amount of money to support the project. There are lots out there you can choose from and the least you can do is try to do some quick research before releasing any money.

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January 15, 2023, 02:00:01 PM
 #49

It feels so good to see how the price of Bitcoin moved from $16k-$20k, but that doesn't mean I should rush and invest with the mindset of the bull run has started while it hasn't. Although I will invest when I feel like.

This is just a recovery stage of bitcoin, as far as the cryptosphere is concerned, the bitcoin price increase is bound to happen at any given time due to its volatile nature. Invest if you can and hodl patiently till the halving season(2024) starts

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January 15, 2023, 02:57:55 PM
 #50

It's a positive sign that the market is now starting to improve and recover but as for me, we are still far from the occurrence of Bullrun. It could be a recovery phase or just a good pump. Anything could happen at any time and there's still a possibility that we might still go back to the bearish phase but it will be a good chance to take advantage of this period. At least our long wait now has a positive sign of recovery.
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January 15, 2023, 03:09:42 PM
 #51

(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.

true, the recent increase is very unnatural, there are many suggestions for community members to continue to be careful if you want to enter the market at this time, it could be that this increase is just a camouflage for bitcoin which always went down before,
Yes, the possibility will always exist, but the most important thing is that we continue to monitor market developments,
for sure we all hope this is not a trap but in crypto anything can happen,
for now the increase that is happening in the market is good news and let's see what it will be like in the future.

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January 15, 2023, 04:04:40 PM
 #52

It feels so good to see how the price of Bitcoin moved from $16k-$20k, but that doesn't mean I should rush and invest with the mindset of the bull run has started while it hasn't. Although I will invest when I feel like.

This is just a recovery stage of bitcoin, as far as the cryptosphere is concerned, the bitcoin price increase is bound to happen at any given time due to its volatile nature. Invest if you can and hodl patiently till the halving season(2024) starts
We had the best time investing in bitcoin a while back when the price of bitcoin was at its previous low. And now, when the price has reached $ 20k, we are still given time to buy it and if we don't start investing now, I'm afraid we will be too late to start because there is no guarantee that this price will decrease again or even go up high and restore market conditions.

The recovery of the crypto market is currently good and there is a possibility that this will continue. So there is still time to participate if we want to benefit from this crypto market.

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ningrum
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January 15, 2023, 04:21:56 PM
 #53

(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.

true, the recent increase is very unnatural, there are many suggestions for community members to continue to be careful if you want to enter the market at this time, it could be that this increase is just a camouflage for bitcoin which always went down before,
let's see how strong the Bitcoin price is at $ 20k, if the Bitcoin price drops below $ 20k then we might call it a bull trap,
because indeed the Chinese New Year will usually give a dump to the crypto market, just like in previous years,
yes myself too have sold bitcoin above $ 20k and maybe will buy it back if indeed after the Chinese New Year is over bitcoin is still above $ 20k.

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abel1337
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January 15, 2023, 05:40:07 PM
 #54

There are a lot of speculations today about where we are headed and people are waiting for some price action if it will be a bull trap or are we going to the accumulation period. I believe that we are on a recovering market and I know that many of us here will agree since it's a good news.  But I'm certain that we are not headed into a bull market.  Luckily I don't have any problem with this given that I'm doing DCA and just don't care where we are headed right now.
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January 15, 2023, 07:06:12 PM
 #55

...Luckily I don't have any problem with this given that I'm doing DCA and just don't care where we are headed right now.

At some point, your stock of stablecoins will run out and then it will matter to you which way the market will move. Although my opinion is that if you have bought coins, then you are already in a long position, regardless of whether you are trading on the spot market or in the futures.

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Rana590
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January 15, 2023, 07:23:49 PM
 #56

It's a positive sign that the market is now starting to improve and recover but as for me, we are still far from the occurrence of Bullrun. It could be a recovery phase or just a good pump. Anything could happen at any time and there's still a possibility that we might still go back to the bearish phase but it will be a good chance to take advantage of this period. At least our long wait now has a positive sign of recovery.
Absolutely right that we can't say it is the time of bullrun. Market can go down again from this condition. We should wait more for analysing the market perfectly. But it is really good sign that market is starting to rise. Some positive news and economic condition can be good factors here.
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January 15, 2023, 08:05:58 PM
 #57

Of course not, this is not the bull, we are still very far from such a saying, the market's recovery slightly and the rise of Bitcoin to $ 21,000 does not mean the end of bear season and the beginning of the bull.
Also, some altcoins have achieved a significant increase, such as:

GALA 260%, SLO 209% , APT 170%, GMT 140%, MANA 120%

The news of lower inflation in the United States caused this bullish rally in the market and now that will more than likely pass, so don't expect the rally to continue.

Therefore, I expect that the market has taken its limit now, and Bitcoin will start to decline and return to 17k$ levels, and if it exceeds this number, we may witness a new bottom.
I don't know why you say there will be no growth this year and expect a new bitcoin decline, but it seems to me that in 2023 there will be a recovery of many coins. That doesn't mean there will be a bullish season, it means that the bearish season will end soon. Markets don't go down forever, nor do they go up forever. There are good opportunities for buyers right now.

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KnightElite
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January 16, 2023, 04:53:11 AM
 #58

~
Yeah I can even see it as well in my own extension in my browser. It seems like BTC went from 18k to 20k (almost 21k-ish) within the night last time I checked. Although like I mentioned in here, it is still pretty much early to call it bullish table. I would still call it a slow recovery.
Back to 64k soon maybe after bullish market starts right away. Cheesy
I agree that we might still experience some dips though.

Let's see within few days.
The bullish is confirmed when the bitcoin breaks the strong resistance between $19,000 - $20,000. But it does not mean that we can quickly see the 64k again because there are a lot of resistance ahead and the bitcoin should consolidate for its price to have strong base that is needed when the bullish market appear. Anything is still possible so we should aways have enough plan that we can use to make a perfect decision in any kind of market situation. Dips are normal so we should be prepare of it, it is also one of the best time to acquire market position if we want to do hold in the following months of this year.
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January 16, 2023, 04:56:46 AM
 #59

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?

I don't think that this is already at the bullrun stage because the market cannot be considered bearish or bullish just by looking at its developments in a few days, but the whales always have a target why they influence the market so that the price increases and those who collect when the price is still below $ 18,000 are enjoying the results if he is a short term holder.
When someone feels left behind and chooses to wait for the price to return to cheap, then he is already left behind and does not see the potential of Bitcoin ini long term.

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Pamadar
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January 16, 2023, 05:21:07 AM
 #60

Of course not, this is not the bull, we are still very far from such a saying, the market's recovery slightly and the rise of Bitcoin to $ 21,000 does not mean the end of bear season and the beginning of the bull.
Also, some altcoins have achieved a significant increase, such as:

GALA 260%, SLO 209% , APT 170%, GMT 140%, MANA 120%

The news of lower inflation in the United States caused this bullish rally in the market and now that will more than likely pass, so don't expect the rally to continue.

Therefore, I expect that the market has taken its limit now, and Bitcoin will start to decline and return to 17k$ levels, and if it exceeds this number, we may witness a new bottom.
I don't know why you say there will be no growth this year and expect a new bitcoin decline, but it seems to me that in 2023 there will be a recovery of many coins. That doesn't mean there will be a bullish season, it means that the bearish season will end soon. Markets don't go down forever, nor do they go up forever. There are good opportunities for buyers right now.

I go with the golden opportunities if you have the trust in you. We don't know yet if this might be the start of another good pump or it just a whale dive that can result in another huge dump.

We have to work our way to make sure that we are both ready with what will the market
will bring us while we are inside industry, still have time to research and investigate if
you are still in plan working into this investment,.
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