what now ?

[passwordnow]

It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.

[uneng]

It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.

The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.

[Moeda]

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Actually talking about Bitcoin price movements is very difficult to predict. Bullish, bearish or whatever term is used. I think that's an argument without adequate analysis. Most of us only associate changes in Bitcoin prices between years.

However, there are also those among them who do a proper analysis. I think such people are active on many platforms, like tradingview and others. The results from there they share with the members of this forum. But unfortunately, the analysis was covered with many wrong analysis.

So in conclusion, if you have the chance, don't wait for it to hit rock bottom. Because the increase in the price of Bitcoin does not wait for us to buy first.

[Silberman]

Well I am not so sure we can call Bitcoin 'bullish' right now. We have seen price point of like $24,100 but then soon it dips back down below 24k again.

I would feel more comfortable with the market when we touch 25k. This has not happened though since August, but this was only for a brief time. I think more people will become 'bullish' when we break $25,000 but who knows if this will happen soon or no.

It appears we will have to wait for some time before bitcoin can touch 25000 once again, since at this time the price of bitcoin is going down and it is trading below 23000, I doubt this will last for long but it is undeniable 25000 appears to be where the resistance level is and it would be a very bullish signal if it could be surpassed and the price could remain above it for a long period of time, still for the long term holder this does not make too much of a difference and they are buying bitcoin as usual.

[MoonOfLife]

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.

[yohananaomi]

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.

indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.

[Silberman]

No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.

indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.

At this point the most important thing to do is to begin the implementation of our long term strategies when it comes to bitcoin, trying to outsmart other market competitors could work if you are an excellent trader but if we are honest about the level of our skills we may realize that we may be unable to do this, then it is better to take a long term approach to our bitcoin investments, and if we have yet to start then this is the right moment to do it since bitcoin still is trading for a reasonable price.

[carlfebz2]

No one can know what bitcoin will look like in the future, it's all a guess, and there will be correct and wrong. What you need to do now is buy bitcoin as soon as possible, don't hesitate, or try to be smarter than the market and keep waiting. In 2022 bitcoin had a point down to $15.5k, if you don't buy, you've made a big mistake. Don't let that mistake linger, if you don't buy now, you'll buy bitcoin for $30k or $50k.

indeed you are right, no one knows the future about bitcoin, but we can know the movement that will be carried out once every 4 years where indeed this is what bitcoin will always do over and over again.
with a fairly improved price, of course you can buy, but it must be remembered that the possibility that this increase is only momentary is very large and the price may decrease again like last year. I doubt that bitcoin will increase $30K-$50K this year and I expect it to happen early next year.
once again buying bitcoin at any time as long as you want to be ready with a long term investment you can be sure it will always be profitable.

At this point the most important thing to do is to begin the implementation of our long term strategies when it comes to bitcoin, trying to outsmart other market competitors could work if you are an excellent trader but if we are honest about the level of our skills we may realize that we may be unable to do this, then it is better to take a long term approach to our bitcoin investments, and if we have yet to start then this is the right moment to do it since bitcoin still is trading for a reasonable price.

Better to have this way;

50% for holding
50% for active trading

This is what i do to make up still some interaction towards the market and not just making myself getting bored just because im holding still or going for long term.
Trying out to diversify as much as i could and we know that we do have altcoins as well which you could also utilize and buy up cheap and trying out to accumulate
their profits given back or converted back into bitcoin which is my way on holding more.

[Bitcoin_people]

During this time the market has been dumping a lot. But I think the market will not stay in this position for a short period of time the market has declined a bit. But if you invest in this market you can definitely get good profit. Later the Bitcoin market will rise like a bull run again. So if you invest in this market you will get enough profit in future.

[bestcoins1]

During this time the market has been dumping a lot. But I think the market will not stay in this position for a short period of time the market has declined a bit. But if you invest in this market you can definitely get good profit. Later the Bitcoin market will rise like a bull run again. So if you invest in this market you will get enough profit in future.

Now you yourself have invested anywhere during market conditions like this? Because market conditions are always difficult to predict accurately, so is the problem with the benefits that can be obtained through investment. Because everyone will not know how much profit they can get through their investment, even though they are very sure of the profit in the investment they make at certain moments like now.

[Japinat]

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom

We have to bet on the current situation as no one would really know the future of bitcoin. If we believe that we are heading to a bull market, then you should be confident on investing now, whether your are into short term or long term profit. This is crypto, a crazy bull run could happen anytime, but like I said, we have to bet and we have to take that risk.

i am something less active so ,
Want some updates

Even us who are so active have no idea of the future.

[Nrcewker]

It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.

The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.

I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.

[Marvell1]

It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.

The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.

I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.

We can't expect bitcoin to go up vertically without any correction, bitcoin has gone up from 16k to 24k, and it's also the right time for those who want to take profit, so the current bitcoin drop is easy to understand. I predict and expect bitcoin can drop to $20k, that would be a good time to buy back bitcoin and prepare for another bull run this month. The bitcoin drop should be seen as an opportunity rather than a panic, I get excited every time bitcoin drops in price because it's an opportunity for me to make a profit in the future.

[irhact]

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Does it really matters if you buy at the bottom or not, Bitcoin might dip more or it won't and continue going up so you're more at disadvantage if you haven't bought then a advantage. Looking at the market now you'll see Bitcoin dropping in price but that doesn't means the narrative has changed. Investors are constantly buying up Bitcoin and you should be doing the same.

Ignore the drop in price as in future all this won't matter when Bitcoin is trading a new all time high. Full bull market run hasn't started so the price will keep moving in same direction of upwards and downward movement until the halving event takes place on 2024. During this period, we should buy instead of selling. The selling time will be after Bitcoin crosses $100k and above price.

[buwaytress]

I guess these reversal is just market manipulation done by big whales. They are doing it for their own profits. It is normally done to confuse the traders and hence the traders becomes impatient and makes losses. We should really be happy that before the big pump, Bitcoins are giving us another chance to buy the coins. This year it is meant for bitcoins to pump up. I am not saying the, the historical growth graph saying this. So don’t get panicked with these mini price fluctuations. Make your goal big and wait patiently.

Don't really care if it is, can't blame speculators for wanting to make money after putting up with months of indecision and sideways movement, no? Hardly think it's about sowing confusion (as if there isn't enough confusion already in any kind of market condition haha).

As said before often, DCA's my groove so I can't say I'm unhappy the longer we spend at the bottom.

[Silberman]

We can't expect bitcoin to go up vertically without any correction, bitcoin has gone up from 16k to 24k, and it's also the right time for those who want to take profit, so the current bitcoin drop is easy to understand. I predict and expect bitcoin can drop to $20k, that would be a good time to buy back bitcoin and prepare for another bull run this month. The bitcoin drop should be seen as an opportunity rather than a panic, I get excited every time bitcoin drops in price because it's an opportunity for me to make a profit in the future.

And funnily enough that is what many traders expect, they want for the price of bitcoin to only go up and never go through a correction, an impossibility but that does not stop people from wishing exactly that, still I see the current correction as good news, if this is the limit of how low bitcoin can go from now on then I see this with good eyes, because as long as bitcoin remains above 20k the lesser the chances of people panicking, as 20k has a very strong meaning for inexpert traders.

[Baofeng]

Today completes a full reversal of the higher range we've seen and the BTC rally to the start of February.  The wider question after this completes is do we repeat this range again and return back to 24k or do we fail the support at the bottom of the range and extend into a further pullback presumably to somewhere like 20k or 21k possibly.
    Market has been quite bullish, Monday is in a few hours its possible we see a return to positive action at the beginning of the week and so we repeat range.  Most likely overall is an extension of a price check for all the 20k prices but might not happen now I guess.

Yeah, we are still in the middle right now, bulls wanting to get the price to $22k, but somewhat it has being pulled by the bears and remain at the higher $21k levels. It's going to be weekends so we might not see a lot of movement either. Hopefully I'm will be happy if we can the price for this month just above the $20k region. It's the biggest support that we can have right now and maintaining it means that the bulls could still have the upper hand and then we will see what March is going to offer. Maybe can go as high as $24k again.

[ethereumhunter]

I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.

[Kemarit]

I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

Yes, that should be our mindset when the market is down, buy more and continue to accumulate. DCA strategy is the best, but if there is a huge reversal, we might go big and buy a lot because that opportunity might not come along. But as for this correction, DCA and we will be good.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.

There are times wherein the buyers are outnumbers by the sellers and so the price will go on a retracement. So far though, the retracement is not that big, yes the price did go down a bit, but somehow the pattern has stop now and we might see the price in a sideway pattern.

[fuguebtc]

I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.

It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.

Although bitcoin has rallied more than 30% from the bottom but if you are a long term investor, it is advisable to buy now or as soon as you have money to invest without any consideration. Don't try to wait for bitcoin to drop further or wait for the bottom to buy, but compare the current price and ATH, and you can see that the price is still heavily discounted. Buying from now will never be a mistake if its a long term investment, I always DCA monthly. When have money, I will place a buy order, I don't compare prices between 20k$ and 22k$ they don't differ too much.