what’s your next step?

[Faisal2202]

there have been talks of the start of the bearish cycle these days and i am one of those who swears that bitcoin can still rise up and reach over $100k and even reach a whole new ATH but as investors we need to be prepared for all kinds of situations

so if this is truly the start of the bearish cycle, what are your plans? do you plan to buy and take advantage of the low prices or do you plan on ignoring bitcoin until the next bullish cycle?

TBH I want BTC to go down at the moment because if it won't go down then alts won't go down further thus they won't become more attractive for investors once the investments starts to flow into alts they will pump and we will see an altseason. But BTC will still pump either now or later till October because October is my lat month afterwards I think it won't pump and bear market will start.

Now I do believe BTC can reach at least $150k or maybe more but the least it can hit is $130k if I am not wrong.

[0t3p0t]

A bear market usually means dropping below $80k which hasn't happened in months. If it stays stable, confidence is high, but if it falls below key levels, a bigger drop could follow.

When you look at the market in the higher timeframe $70k-ish drop is just a healthy pullback though it may take few months to reach that but what's interesting is that it may come back up when it reaches that level so maybe that was a buying stage if things will go according to my speculation.

[tequilla_sunset]

When you look at the market in the higher timeframe $70k-ish drop is just a healthy pullback though it may take few months to reach that but what's interesting is that it may come back up when it reaches that level so maybe that was a buying stage if things will go according to my speculation.

It would still cause mass fear for sure.
But it may be what the market needs - to then go even higher than before.

[JorvikCoin]

A bear market usually means dropping below $80k which hasn't happened in months. If it stays stable, confidence is high, but if it falls below key levels, a bigger drop could follow.

When you look at the market in the higher timeframe $70k-ish drop is just a healthy pullback though it may take few months to reach that but what's interesting is that it may come back up when it reaches that level so maybe that was a buying stage if things will go according to my speculation.

The $70k drop, it is just a natural dip in the big pictures. it might take months to get there, but if it rebounds like you're guessing, that could be a sweet spot to buy. The market often swings like this. Historical data shows bitcoin tends to recover after 15-20% pullbacks.

[LogitechMouse]

A bear market usually means dropping below $80k which hasn't happened in months. If it stays stable, confidence is high, but if it falls below key levels, a bigger drop could follow.

When you look at the market in the higher timeframe $70k-ish drop is just a healthy pullback though it may take few months to reach that but what's interesting is that it may come back up when it reaches that level so maybe that was a buying stage if things will go according to my speculation.

The question is, will we reach that $70,000 price range though? As of this moment, it seems like Bitcoin will stay above $80,000 at least for this moment. Looking at the market, it needs to take out the $92,000 which is currently the strong resistance.

I believe that this is a perfect time to accumulate some Bitcoin especially if you believe that we will see Bitcoin going up to $100,000 and surpassing it's previous ATH yet again. I have accumulated some already, and many still believe that despite the drop, they believe that we are still in a bull run. Well, it's pretty much normal, and a bull run season isn't a season where we will see ups and ups and ups. Of course, we will also see some sellers along the way and at the same time, panic sellers.

[bitterguy28]

The question is, will we reach that $70,000 price range though? As of this moment, it seems like Bitcoin will stay above $80,000 at least for this moment. Looking at the market, it needs to take out the $92,000 which is currently the strong resistance.

if bitcoin drops to $70k it might be quite a worrisome to some already and people might start thinking that the bearish cycle is already on the go

I believe that this is a perfect time to accumulate some Bitcoin especially if you believe that we will see Bitcoin going up to $100,000 and surpassing it's previous ATH yet again. I have accumulated some already, and many still believe that despite the drop, they believe that we are still in a bull run.

well we have seen what has happened in the past and it is not totally impossible from happening some people might still be waiting for a lower price before they accumulate again but wait for longer and you might miss out on the opportunity

[Bobcrypto]

A bear market usually means dropping below $80k which hasn't happened in months. If it stays stable, confidence is high, but if it falls below key levels, a bigger drop could follow.

When you look at the market in the higher timeframe $70k-ish drop is just a healthy pullback though it may take few months to reach that but what's interesting is that it may come back up when it reaches that level so maybe that was a buying stage if things will go according to my speculation.

Well, I think that individuals market analysis defers, and no one has predicted the market accurately but in my opinion on the current market, i see a demand zone between $90k to $85k on a short term, and a strong resistance on $100k.
I think we may first see an uptrends movements from the demand zone, and a bounce towards the resistance, probability on $98k to $100k before the next move.
However, there are other analysis on social networks that suggested that Bitcoin will dip to $80k to $70k, but i also considered some of these analysis might be speculated.

[0t3p0t]

The question is, will we reach that $70,000 price range though? As of this moment, it seems like Bitcoin will stay above $80,000 at least for this moment. Looking at the market, it needs to take out the $92,000 which is currently the strong resistance.

I believe that this is a perfect time to accumulate some Bitcoin especially if you believe that we will see Bitcoin going up to $100,000 and surpassing it's previous ATH yet again. I have accumulated some already, and many still believe that despite the drop, they believe that we are still in a bull run. Well, it's pretty much normal, and a bull run season isn't a season where we will see ups and ups and ups. Of course, we will also see some sellers along the way and at the same time, panic sellers.

I think we are still in the early part and first quarter of the year is really tricky when it comes to Bitcoins price specially on it's cycle because it is the time it started to deep dive then slowly retrace from the second until the last quarter which will be the final stage of the bull run and then the bear market will begun we all seen this from the previous cycle and if the history will repeat again then this is probably what will happen if not then I don't know what is.

[MrSpasybo]

Well, I think that individuals market analysis defers, and no one has predicted the market accurately but in my opinion on the current market, i see a demand zone between $90k to $85k on a short term, and a strong resistance on $100k.
I think we may first see an uptrends movements from the demand zone, and a bounce towards the resistance, probability on $98k to $100k before the next move.
However, there are other analysis on social networks that suggested that Bitcoin will dip to $80k to $70k, but i also considered some of these analysis might be speculated.

I like to discuss and present my views with clear price charts. Currently, I see BTC price is still in an uptrend channel and can receive good support at the $80K zone. If BTC price falls out of this channel and drops below $75K, I fear that we will have to prepare for a strong market correction similar to May 2021.

At that time, our opportunity will be a Flat recovery wave with the peak of the entire cycle at around $150-170K. I do not expect this scenario, I only hope that BTC will continue to maintain the uptrend that has lasted from the end of 2022 to the present. That is the best condition for ALTs to be able to increase in price in a timely manner and create an altseason right in 2025.