what now ?

[fullhdpixel]

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.

We are already bullish at $24k before and it was $25k is the price that is being pulled by the bears. At this point, many are starting to doubt that the mini bull run that we feel will continue and slowly transition into a bigger bull run. Let see once, we resume the market on the weekdays.

For now, we can't expect a major movement since it's the weekend and the traders/investors/whales/etc, are still taking a break for a while. Here in crypto, you must accept if whatever happens with the price. That is the only way to survive and besides each side of the market can still be used to our advantage. The bulls might be delayed when the bear persists but on top of that is we have an extended buying period.

[Reatim]

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

Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.
and yes I know that there are even bigger that will go along the way as we have a very bad 2022 and now that we are closing to 2024 and 2025? no wonder that we are starting the chase to Bull.

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.

there is no way that the market stays in similar position for long time mate, it will happen in short time or semi long time.

[Oceat]

~

Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.

I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.

[Reatim]

~

Yes you missed the  bottom mate and that is sad to say,  we have seen 15k recently and yes that is what many says as bottom. and now as the price continues to grow , I think we will be seeing 30k sooner.

I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.

Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.

[letteredhub]

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

The intuitiveness to the bottom is given to no one, for everyone is just been speculative about the whole process buying from where they met the price at the time while hoping it hits high as bullish as possible to which it could be considered a bottom for anyone that bought at 21k now and it then hit as high as 100k or above by 2024 or so.

[Pejoh Asu]

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

As investors we should never think that investing in bitcoin is too late, missed the bottom and so on, if we keep thinking that way then we will never start right away, and in my opinion the best thing is to buy immediately, if we focus on the short term then spot trading is the best option, after buying, we can sell at a price that we have determined profit.

[Adbitco]

I knew this few changes might be a bear trap there is every possibility we may still experience a little dip more, something around 18k or lesser although is based on assumption as i know very well none can fully predicts price movement of bitcoin or to know what would occur next as most at times the market are being driven by many news, it could be positive or negatives. But for investment purposes, you are still at the bear trends so is very much safer for you to invest getting ready for the next bull market.

[justdimin]

I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.

Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.

I agree and I am a bitcoin supporter and I believe that is exactly the situation we are in right now. I know not many people agree with me, but I believe that we shouldn't be shocked to see it go up a lot more. I know it looked a bit weaker recently after that increase, everyone expected it to be a lot higher and when it didn't moved that much higher many people were disappointed about it, but I think it is quite understandable why people didn't trust it that much and why they did not see it go up.

Not enough people believed in the bull run, and even though we are still 21k+ which is 5k+ more than the bottom, there are still many who do not trust the increase, and that's an issue.

[maydna]

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

The intuitiveness to the bottom is given to no one, for everyone is just been speculative about the whole process buying from where they met the price at the time while hoping it hits high as bullish as possible to which it could be considered a bottom for anyone that bought at 21k now and it then hit as high as 100k or above by 2024 or so.

Yes, many people are already speculating about what will happen to bitcoin. They feel that the price will match their predictions, but they must remember that the price of bitcoin can move in any direction, and even the price of bitcoin can go back down if many people think there will be negative news that will be released later.

Right now bitcoin price is already at $21k and trying to break through $22k, but we also don't know when it will pass $22k. And many people believe that the bitcoin price will reach $100k in 2024, but we still have to be patient to wait.

[Fara Chan]

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

As investors we should never think that investing in bitcoin is too late, missed the bottom and so on, if we keep thinking that way then we will never start right away, and in my opinion the best thing is to buy immediately, if we focus on the short term then spot trading is the best option, after buying, we can sell at a price that we have determined profit.

right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.

[Mpamaegbu]

what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom

If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

[Oilacris]

what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom

If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Not all would really be eyeing for the bull run moment but rather they would really be looking after for short term duration and this is why they do really decide to trade up actively.
Getting in with the current price isnt really that a bad idea.Hoard while you still can because we cant be sure if the bull run would really be happening so soon or not.
One things for sure that there's a bull run that would happen.Dont make yourself that too emotional or impulsive when it comes into your portfolio.
Dont tend to see it and check every day or very often so that you wont panic out.

[Sebas.tian]

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.

I think, the bullish will happen soon for those that invested a huge amount of money on Bitcoin few months ago to get ready to achieve something passive from their investments. Now that the price of Bitcoin has increased to $22,321 again, showed that the bearish market will soon leave the market which will be favourable for both long term traders and short term traders to do everything possible within their power to invest now, so that they will have a great opportunity to earn well when the price increase higher. I believe, the price of Bitcoin will definitely touch $26,000 before the end of this month of February because the green light is preparing to remain stable.

[LittleBitFunny]

what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom

If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Yes, I still do DCA monthly, and I am not too bothered about the bitcoin price in the past few days, even though it is more than 40% up from the bottom. My sell target will be when it hits a new ATH, or it will be $100k, depending on the market situation, I think as long as bitcoin stays below the old ATH, we can still invest. We do not always have money to invest in bitcoin, if there is no opportunity to buy bitcoin for 15k $, then 20k or 30k is still an opportunity to own cheap bitcoin.

[kotajikikox]

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

according to weekly chart? it stays the same status from 20-24k staying ?

https://coinmarketcap.com/currencies/bitcoin/

wondering if there are more big movement coming but for me? i believe that this will be the status around the year , or maybe at least moving to 30k maximum .

and updates? just check the market mate and you can see the graph yourself.

https://coinmarketcap.com/

[Reatim]

I can't tell if the bottom is actually done because the market is always unpredictable so I believe there's still a chance that the bottom would hit next time perhaps next year or so. But to think that $30k would be just around the corner is surprising because I didn't think $30k will be showing again if there's no bull market. But it might be possible though since the market is always unpredictable so it would makes sense if we'll be able to break that strong resistance. Perhaps, with this slow recovery and a pull back and grow up back and forth of the price we might going to see that $30k soon.

Just try to believe mate , if you are a bitcoin supporter and investor? then you must have faith that we already have the bottom last year and now we are seeking for a concrete increase that had been denied  since last year.
maybe we will not reaching bull market but at least we will not fail more than that .so holding at least 20k above this whole year is more than enough for me to believe how much i will care for my holding and buying more.

I agree and I am a bitcoin supporter and I believe that is exactly the situation we are in right now. I know not many people agree with me, but I believe that we shouldn't be shocked to see it go up a lot more. I know it looked a bit weaker recently after that increase, everyone expected it to be a lot higher and when it didn't moved that much higher many people were disappointed about it, but I think it is quite understandable why people didn't trust it that much and why they did not see it go up.

Not enough people believed in the bull run, and even though we are still 21k+ which is 5k+ more than the bottom, there are still many who do not trust the increase, and that's an issue.

we cannot blame them mate as the increase isn't that high comparing to the last ATH but at least if we truly knew what are we investing then we must understand that bitcoin is the place where we can be assured of recovering and braking its ATH every Halving season in which 2-3 years from now.
so Holding will carry all this matter.

[peter0425]

what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom

If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Yes, I still do DCA monthly, and I am not too bothered about the bitcoin price in the past few days, even though it is more than 40% up from the bottom. My sell target will be when it hits a new ATH, or it will be $100k, depending on the market situation, I think as long as bitcoin stays below the old ATH, we can still invest. We do not always have money to invest in bitcoin, if there is no opportunity to buy bitcoin for 15k $, then 20k or 30k is still an opportunity to own cheap bitcoin.

then you must be ready to wait for another couple of years?
there will be at least 2 to 3 years from the ATH and that would happen in 2025 i believe.
maybe you have plenty of available funds to carry waiting that long then also better to consider buying more once the price dumped badly in the coming days things that we surely expect .

[LogitechMouse]

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

according to weekly chart? it stays the same status from 20-24k staying ?

https://coinmarketcap.com/currencies/bitcoin/

wondering if there are more big movement coming but for me? i believe that this will be the status around the year , or maybe at least moving to 30k maximum .

and updates? just check the market mate and you can see the graph yourself.

https://coinmarketcap.com/

You see $30,000 as the maximum? I see $25,000 as the maximum, and it seems like it can't surpass even the $24,000 price.

TBH, we might see Bitcoin staying at around the $20,000-$24,000 price like you said unless something bad happen that might affect the market negative like maybe increase in interest or CPI update etc.

Overall, the rally that just happened a few weeks ago is just a short term rally. No beginning or a bull market or anything related to it because it will not happen at least this year. I predict a sideways movement with Bitcoin this year. We might see some short rallies like this one, but a few weeks after it happen, it will slowly go down like what's happening currently where it rises up to up to $24,000, but went down to $21,000. Good thing that it's starting to go up again as of this moment.

[fadhilz123]

right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.

Short corrections are very common in the market and you don't need to think about it worryingly, because today the increase in Bitcoin prices has started to show again even though the Bitcoin price itself is still below $ 23K. But if bounces like now happen frequently this month, I think Bitcoin price could be close to the $30K price level even though it won't be so easy for Bitcoin. So don't pay too much attention to corrections, because that is a very common thing in the market.

[ethereumhunter]

right now the market is having a price correction and this is happening in the near future / in the last few days, big investors will definitely make purchases and I think they will hold it for a long time, maybe for beginners or we say small investors who look at price and time I think they are investing in the short term, but it's not too late to get involved in Crypto investment, even though most people say Bottom is behind Bottom, I think with current conditions it can still make up for that shortfall.

Short corrections are very common in the market and you don't need to think about it worryingly, because today the increase in Bitcoin prices has started to show again even though the Bitcoin price itself is still below $ 23K. But if bounces like now happen frequently this month, I think Bitcoin price could be close to the $30K price level even though it won't be so easy for Bitcoin. So don't pay too much attention to corrections, because that is a very common thing in the market.

No need to worry about a short correction because it can happen at any time, as we have seen in the last week. And throughout the rest of February, we may see that correction again. So brace yourself, take the opportunity to buy more bitcoins whenever possible, and don't use all the money on a single purchase order. A price reversal will occur and even start a long rally to reach the last ATH, creating a new ATH again. For now, the bitcoin price will reach $25k first before it increases even higher.