what now ?

[Silberman]

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.

People need to develop a thicker skin and stop worrying about every single small correction that we go through, and this is even more especially true for those that are long term holders, as the price did not even moved that much and some holders were already worried about bitcoin going back to the levels we saw at December of last year, and if they maintain this attitude they will have huge problems to hold their coins for as long as they want.

[Agbe]

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

You really missed out the bottom of the market. That was also a bear market and not even the beginning of the bull, comparing to the time I started the journey in the forum, bitcoin was at the rate of $42+, so if I will measure bitcoin from the bull market, it should be around $40+, and even at that it is still a bear market for some users it they they started the journey at the rate of $60+. So the prediction of bitcoin in this year 2023 might be at the rate of $30 - $40 but the bull will really start from 2024 or 2025.

[AnonBitCoiner]

It cannot be identified on a single step because in recent year the market is really unstable so the price will regularly changes. Bitcoin price is lower in price but not as lower as in previous year now its neither too low nor so up but is estimated that it will go more up in coming month.

When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.

[Cryptomiles1]

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

You really missed out the bottom of the market. That was also a bear market and not even the beginning of the bull, comparing to the time I started the journey in the forum, bitcoin was at the rate of $42+, so if I will measure bitcoin from the bull market, it should be around $40+, and even at that it is still a bear market for some users it they they started the journey at the rate of $60+. So the prediction of bitcoin in this year 2023 might be at the rate of $30 - $40 but the bull will really start from 2024 or 2025.

Like what I saw sometime ago, during 2018 when it was less than $3k we were seeing it as bull thinking it was too high for someone to venture into, but from all point of view and my experience bitcoin is still at bull trend though it could be bear for you people who recently started the race and for those who bought at high would also consider it to be bear. Right away the market is indecisive since it has been trading on 22k to $25k plus.

[gunhell16]

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.

The problem now is that the value of bitcoin has fallen by 22k$ more than the market which for sure is not expected and they think that the increase will continue.

But in this case, it is clear that this is just a reminder that we are close to the bull run so this is what is happening in the market, that is why others have nothing to do but hold bitcoin or buy to accumulate more bitcoins in their accounts addresses

[darewaller]

It cannot be identified on a single step because in recent year the market is really unstable so the price will regularly changes. Bitcoin price is lower in price but not as lower as in previous year now its neither too low nor so up but is estimated that it will go more up in coming month.

When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.

It's been a month since the op ask this question. 1 month of waiting must be enough already to have a conclusion if what do we think is the state of the market at least for the first quarter only because the year was still long and there must be a major change that will happen later on. The gains that we have last month are still here so I still believe that we are still on the beginning of a bull run.

I am sorry to say this but yeah @op you already missed the bottom. Sorry, bro but you have your reason on why you missed it. You are less active here and maybe you are more active in your personal life. You must be earning decent there so you shouldn't regret that much. You still can invest late and expect to earn something once we finally complete the whole bull cycle.

[yohananaomi]

-*-
When bitcoin is higher in price then it does not mean that this is a bullish period as there is regular alterations in cost and one cannot say that now its up and will remain up. We should wait some time and hopefully bitcoin will pump once again and this pump will be beneficial for everyone.

yes, rising at the beginning of the year does not mean that there has been a bull market because after that there has been another decline, so it is still not stable which indicates that it is not yet time. It seems that waiting is not predictable for the next few months for a bull market to occur, but it will probably happen as early as next year.
so stay patient with situations like this because everything will happen and it only takes time to be patient with the wait.

[Joshapat]

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

Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

[TravelMug]

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

Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Wrong mindset though, I mean the price even though is rising is still very cheap. Just look at how or what is the prediction for the next bull run, minimum $100k. And if by chance we hit like $150k-$180k, and if you buy today still a very good returns.

So that separates smart investors from regular one, when it rises like today they are still afraid to invest. While there are investors who keeps on investing whatever the price is thru DCA.

[Davian144]

Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.

[ShowOff]

Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.

Don't look for low price, but try to buy on dip. You might consider 5% dip to buy and sell when the market recovers. It's a good strategy, but if you're looking to invest long-term then dip should help you earn more bitcoin. The buy on dip and hold strategy is best for expecting worth it returns in the long term, which is what long term investors or holders usually do.

What now - take profit in case some of you have already bought on the dip. But it's better to hold longer and sell higher.

[DOH!]

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

My experience and observation is that you missed the bottom and now bitcoin is in a recovery cycle and establishing a new trend. Perhaps not a bull cycle but recovery strength is certain to be achieved. Look at how bitcoin is representing and how relevant it is to being accepted by the free market is amazing. At first glance it looks like a bullish period but I'm not sure this increase is sustainable throughout the year. The opportunity to accumulate buy on dip and hodl should be ready.

[justdimin]

Don't look for low price, but try to buy on dip. You might consider 5% dip to buy and sell when the market recovers. It's a good strategy, but if you're looking to invest long-term then dip should help you earn more bitcoin. The buy on dip and hold strategy is best for expecting worth it returns in the long term, which is what long term investors or holders usually do.

What now - take profit in case some of you have already bought on the dip. But it's better to hold longer and sell higher.

I think the dip was already here and people missed it, I would highly suggest not to miss those type of dips. We were at 16k for a while, and right now we are at 26k, that is literally over 60% return and this is just this year, YTD return, think about what we could do further into the year. I am not saying do not buy here, if you want to you could buy here as well but those people who bought at 16k had to wait so much, if you buy at 26k thinking you could profit right away and if you do that is great but if you don2t then you should realize that you didn't deserve it yet.

We, as people who bought under 20k, waited for months and months before we could see a profit, we had to watch our profits erode and had to be patient, so if you really want to profit, give it some time after you bought it.

[STT]

This is a really strong rise occurring now, slight hesitation yesterday resolved into a good up day.   I think its very fair to presume we continue to move upwards until much nearer to 30k.  Far more bullish then I expected especially after falling back to 19k that was so quickly reversed it has to be taken as very bullish action.

[speedy963]

Many people think and feel that it is too late to buy when they see the price rising as it is today, but when the price is below and many are advised to buy most of them just wait and hope the price continues to fall, successful investors never make too much analysis or predictions, take action immediately and buying is what we have to do to get profit when the price is rising.

Analyzing before buying is necessary, but making too many incorrect predictions I don't think is necessary. Because making a decision to take action immediately when they see that the price of Bitcoin has fallen is very appropriate, but some people are still very afraid of making decisions when they see a decline in Bitcoin so they prefer to wait for recovery to occur.

And those who didn't have time to buy at a low price in the past few days must have felt regret now when they saw the price of Bitcoin almost touching $ 27K today. And my advice to those who have bought at a low price is to hold on to the Bitcoin they have for the higher price because the increase will probably continue this month.

Those who bought immediately and didn't wait for too many predictions actually gained a lot, those who are lucky enough to spot it ASAP and bought it without hesitation are undeniably those who earned in the past month or week. Right now the market is slowly recovering and it's not guaranteed yet whether it'll continue this way but at very least the chances are not that high that it'll sink.

[Kodok Bencot]

Bitcoin's performance is very convincing and now it is stable at $ 27k, of course we don't expect that the price of bitcoin jumps from $ 22k to $ 27k, when many say that when the price can touch $ 25k it will continue to rise, and you can say the price is $ 25 k occurs quickly due to the unstoppable upward movement.