Month January 23 - the best month since bitcoin?

[fadhilz123]

Yeah right, it's not a very significant recovery for Bitcoin and can't say it's recovered, but at least right now from some of the upswing and starting from early january we think we've had a bit of a recovery that hasn't fully recovered, and we think Bitcoin performed well this month, and was able to end january at a good price, even though it didn't hit that significant ATH.

Now it's February and the price difference with January is also not that far because the increase is not that significant even though the recovery has started in Bitcoin. I would consider the recovery to be amazing when Bitcoin is able to top $35K within the year as that is half the ATH Bitcoin has ever been. Because I don't think and believe that a new ATH in Bitcoin will be reached this year, and besides, Bitcoin always takes more time to increase to create a new ATH.

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[Baofeng]

Yeah right, it's not a very significant recovery for Bitcoin and can't say it's recovered, but at least right now from some of the upswing and starting from early january we think we've had a bit of a recovery that hasn't fully recovered, and we think Bitcoin performed well this month, and was able to end january at a good price, even though it didn't hit that significant ATH.

Now it's February and the price difference with January is also not that far because the increase is not that significant even though the recovery has started in Bitcoin. I would consider the recovery to be amazing when Bitcoin is able to top $35K within the year as that is half the ATH Bitcoin has ever been. Because I don't think and believe that a new ATH in Bitcoin will be reached this year, and besides, Bitcoin always takes more time to increase to create a new ATH.

But we need to be calm though, right now we've experience some minor correction already, down to $22k++. So it seems the big psychological barrier is $25k and we haven't touch that yet.

So we might have one of the best month in bitcoin's history, but it doesn't mean it will go parabolic this year. Technically, we are in the midst of the bear market, so everything can still end up in a negative way for the next 10 months or so. If could be amazing as you have said if we are going to $35k, but I wouldn't be surprised if we don't.

[buwaytress]

So we might have one of the best month in bitcoin's history, but it doesn't mean it will go parabolic this year. Technically, we are in the midst of the bear market, so everything can still end up in a negative way for the next 10 months or so. If could be amazing as you have said if we are going to $35k, but I wouldn't be surprised if we don't.

If anything, it means we won't go parabolic. The year-long rally (that ends in an ATH) generally starts in the middle of the year, so if we do see the start of one this year, it'll be in 2024 we see some heavy returns to the green.

Also, it's just way too soon since the last one.

That said, nothing means anything anymore with Bitcoin treading in unfamiliar territory (widespread adoption and recognition, against a backdrop of global recession).

[FanEagle]

Now it's February and the price difference with January is also not that far because the increase is not that significant even though the recovery has started in Bitcoin. I would consider the recovery to be amazing when Bitcoin is able to top $35K within the year as that is half the ATH Bitcoin has ever been. Because I don't think and believe that a new ATH in Bitcoin will be reached this year, and besides, Bitcoin always takes more time to increase to create a new ATH.

But we need to be calm though, right now we've experience some minor correction already, down to $22k++. So it seems the big psychological barrier is $25k and we haven't touch that yet.

So we might have one of the best month in bitcoin's history, but it doesn't mean it will go parabolic this year. Technically, we are in the midst of the bear market, so everything can still end up in a negative way for the next 10 months or so. If could be amazing as you have said if we are going to $35k, but I wouldn't be surprised if we don't.

He doesn't seem worried or excited there so he can surely be calm but anyway, I thought that the correction is already over? And there are no new increases so far to have another one. Maybe what happened isn't a really a correction but it's just a normal fluctuation in the price. We shall not forget that BTC is still a volatile or unstable crypto.

I think all are aware that $25k is one of a huge barrier. We haven't touch it yet as it might be early to start a bull run for now. Even not a bull run but only to see a $35k is indeed can give us a good feeling already because it's been a long time since the last time we saw it and people can also sell some for profits.

[JoyMarsha]

Bitcoin ended with a price of $23k in January, now we are in February, the price is below $23k. Who knows what will be the price of bitcoin before the end of this month. It is now clear that the price increase that happened in January is a sign of a correction phase of bitcoin price not for the anticipation of a bull run season taking effect in the market.

Let it not be a surprise to us that the bitcoin price will battle between $23k-$25k throughout the end of this February

[Lubang Bawah]

The increase that occurred in January reached more than 40% and of course this is a fantastic record, making investors more optimistic and panic buying again, I believe that the upward trend can continue as long as there are no major cases like FTX, and slowly investors are getting smarter and prefer to store assets in private wallets so only use exchanges for fast transactions and then immediately transfer assets again.