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Author Topic: What do you think about the future of this uptrend?  (Read 2522 times)

Offline anshor1

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Re: What do you think about the future of this uptrend?
« Reply #15 on: August 13, 2022, 02:51:09 PM »
From the time of Bitcoin Halving, we have passed 20 months and have two big growth waits, BTC peaking in May & November 2021. Compared to 2014 with 12 months of continuous growth, or 2017 With 18 months of continuous growth, it looks like we've passed the top of the bullrun.

Personally, I still expect this uptrend to last 24 months, which means BTC will peak in June 2022, and so will the entire crypto market. Onchain data and the participation of new investment funds help me to believe and put more expectations on this.

However, from a technical analysis point of view, BTC is having very bad movements after it bounced back to 32K. Many have assumed that the market has gone into winter since November 2021, they were just waiting for BTC's rally to 60K to exit the market.

What is your opinion on uptrend? Are you waiting for BTC growth and new marketcap ATHs? Do you plan to exit the crypto market at BTC=60K?

In my prediction and maybe many several members here, I think bitcoin halving will happen at 2024 and teh crypto market will soar at the end of 2024 and  beginning 2025.
So, keep hold and wait, if you have free money.

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Re: What do you think about the future of this uptrend?
« Reply #15 on: August 13, 2022, 02:51:09 PM »

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Offline mahadev

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Re: What do you think about the future of this uptrend?
« Reply #16 on: August 13, 2022, 09:03:36 PM »
I think we should talk about the current time, I think It's bearish and will continue until the next years 2023 or 2024.
Talking about up trend, bitcoin will bounce back at middle 2024.
And I think I'm agree we will see ATH at 2025.
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Offline mohdelayo

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Re: What do you think about the future of this uptrend?
« Reply #17 on: August 14, 2022, 12:41:34 AM »
I think we should talk about the current time, I think It's bearish and will continue until the next years 2023 or 2024.
Talking about up trend, bitcoin will bounce back at middle 2024.
And I think I'm agree we will see ATH at 2025.

In as much as I will like to go with your opinion, I will also like to consider the sentiments that's among enthusiasts in the market, it's a positive one of you look at it critically. I don't want to believe that the market will behave as it use to in previous bear session, the market is getting matured and things are getting relatively stable.

Offline zilzylian

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Re: What do you think about the future of this uptrend?
« Reply #18 on: August 14, 2022, 01:50:33 AM »
I think we should talk about the current time, I think It's bearish and will continue until the next years 2023 or 2024.
Talking about up trend, bitcoin will bounce back at middle 2024.
And I think I'm agree we will see ATH at 2025.

This trend is very predictable, I'm afraid Bitcoin price will drop to $8k usd level in 2024 because we still have a long way to go, there is a lot of hope for Bitcoin to reach ATH, but when that time comes, I can't speculate, because everything is analysis and opinion from several experts about the next rally

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Offline gurunanakji777

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Re: What do you think about the future of this uptrend?
« Reply #19 on: August 16, 2022, 08:36:58 AM »
Currently, market is not giving the clear indication of any trend it keeps up and down but I can say the market is slightly good as compared to the previous month's but the problem is the trading volume is very less so I think we can see a little drop again before the next up move.

Offline coin_12345

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Re: What do you think about the future of this uptrend?
« Reply #20 on: August 16, 2022, 11:15:59 AM »
Well the short term target would be $28000 as of now

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Re: What do you think about the future of this uptrend?
« Reply #21 on: August 18, 2022, 09:48:23 PM »
If I see the market has not fully recovered and if you say to go back to the previous ath when the economy slumped it looks impossible. I'm more sure 2 or 3 years the bull market will return and the economy will recover

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Re: What do you think about the future of this uptrend?
« Reply #21 on: August 18, 2022, 09:48:23 PM »


Offline Primrose

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Re: What do you think about the future of this uptrend?
« Reply #22 on: August 19, 2022, 01:51:36 PM »
The crypto market has been witnessing an uptrend because of the increase in demand. People are excited to find the ‘next ethereum’ and the ‘next bitcoin’ as if it's a line of succession, but let’s just all accept that both btc and ether are going to be on top.
I feel like this uptrend of the crypto world may not be steady, but it's a gradual growth. The price of altcoins will keep fluctuating, but the candlesticks when viewed within a timeframe of weeks, will show a net positive growth rate. Bitcoin price has been fluctuating with high volatility within $22k to $24k. A few days back, bitcoin achieved a new record of $24k margin.

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Re: What do you think about the future of this uptrend?
« Reply #23 on: August 19, 2022, 03:50:44 PM »
I think we have more downside in this bear market to come. The aggressiveness of the buys on BTC particularly didn't fill me with confidence and looked more like a retracement rather than a bullish turn around.

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Re: What do you think about the future of this uptrend?
« Reply #24 on: August 19, 2022, 07:54:51 PM »
Almost all altcoins depend on the movement of bitcoin. Therefore, if you can predict whether bitcoin will go up or down, then altcoins will follow that trend, but which is something that is hard to predict.
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Re: What do you think about the future of this uptrend?
« Reply #25 on: August 19, 2022, 08:58:35 PM »
I guess this uptrend is short-term and overall a bull trap, to capture more and more newbie traders to make themselves profits. Bitcoin will at least take some months to show a good and strong upward rally.
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Offline owmivmen

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Re: What do you think about the future of this uptrend?
« Reply #26 on: August 21, 2022, 05:53:34 AM »
there seems to be a slight difference in the upward trend this year due to inflation and war factors this year. different from the previous bullrun which took longer than this year. If the crypto market is more bearish this year, I am ready to accumulate buying and investing
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Offline Nestle

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Re: What do you think about the future of this uptrend?
« Reply #27 on: August 21, 2022, 07:45:52 PM »
corrections in the crypto market are very reasonable and always repeated. now it's time to use the best analysis to look for coins that have prospects for the long term. BTC returns to ATH is unlikely in the near future
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Offline sampoerna

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Re: What do you think about the future of this uptrend?
« Reply #28 on: August 21, 2022, 11:49:22 PM »
Commonly, after halving, the price of Bitcoin will rise up and will create new ATH. As like what happen so far, Bitcoin always pass and make new ATH. In the future uptrend, I am sure that Bitcin will also have the new ATH and pass the previous one.

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Re: What do you think about the future of this uptrend?
« Reply #29 on: August 21, 2022, 11:52:17 PM »
Although we are in the bearish season, it doesn't mean it is a bad sign for crypto future. We all know that after this bearish, we will experience a bullrun, it is when all crypto coins to increase their prices. So, as long as crypto prices are decreasing much in this bearish season, we should buy as many as possible.

 

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