The current state of the market

[ZAINmalik75]

Should I say the market is currently in shambles or that won't highlight properly the current state of the market?

Every news currently seems to be bearish for BTC and with this, it is better to start shorting Bitcoin. The bear market is coming fast with the end of this Q1 beginning the start and this aligns with my strategy of shorting BTC.

I am considering taking advantage of exchange trading events. Its benefit is that my losses remain the same while my profits are even bigger with the prize pools attached to these events.

What do you guys think about the market and using exchange trading events to gain more? If you have an exchange trading event with a good prize pool you can also recommend it.

Never do long or short in BTC because future trades will eat your portfolio every time. In times when we don't understand the market and want to flow with the market trend, we must not do future trading. This is very risky and harmful for our portfolio.

Using exchange events is better then shorting or longing because these events are less harmful and they can't liquidate us for all. I don't have any price pool event in my sight at the moment but we can find many on top centralized exchanges.

[jeraldskie11]

Every news currently seems to be bearish for BTC and with this, it is better to start shorting Bitcoin. The bear market is coming fast with the end of this Q1 beginning the start and this aligns with my strategy of shorting BTC.

Just because the price is gradually falling doesn't mean the market is bearish. We are still in the bullish season behind those bearish movements. Even if we saw a big dump right now, it is considerably normal because we are still in the protected zone. That big dumps or maybe the bearish trend that consist of big candlesticks is a retracement because it is what the market do. I believe that the bearish market will just happen after the alt season.

Yes, a big dumps is expected to happen during the bull run, it is part of the market factors, and has been known to occur at intervals. The bull run is still on course, hoping to continue for a longer periods this year in my opinion.
Again, we should expect some side ways movements, trends reversal, market dips, corrections, and the Bitcoin demand/supply entering the market over times.
I think altcoins season should be the next big thing, before the bear flag comes in, but the timing is unpredictable.

That's right, there isn't much difference between a bull market and a bear market except for the price destination. When the price is bearish it's descending because the sellers are strong during this period, on the other hand, in a bull market, the destination of the price is going up. But the sideways happening in the market and retracements (including deep retracements) can still be seen in both market sentiments.

[|MINER|]

I will not gonna lie but I am also feel sometime afraid about this market because of just the dump market but there is also thing for hope. Becuase every time in the market when we were in these kind of afraid market make turn back in the bull season and make another all time high price.
And I think this is how market goes on because when we will sell in loss the whale will able to buy and then we will also buy on a hype and then bull season will arise.

[Gposas]

Should I say the market is currently in shambles or that won't highlight properly the current state of the market?

Every news currently seems to be bearish for BTC and with this, it is better to start shorting Bitcoin. The bear market is coming fast with the end of this Q1 beginning the start and this aligns with my strategy of shorting BTC.

I am considering taking advantage of exchange trading events. Its benefit is that my losses remain the same while my profits are even bigger with the prize pools attached to these events.

What do you guys think about the market and using exchange trading events to gain more? If you have an exchange trading event with a good prize pool you can also recommend it.

Since the last ATH of $109k this year, it has experienced much of a pull back and shorting is beneficial to day traders with low time frame just to scalp out some little profits.

The market sentiment has not really played out the way I expected. Hoping to see more price surge in respect to the US presidential election and inauguration but BTC only exhibited more of uptrend during electoral process but presently seeing some downtrend at the administration of the president.

[Faisal2202]

Should I say the market is currently in shambles or that won't highlight properly the current state of the market?

Every news currently seems to be bearish for BTC and with this, it is better to start shorting Bitcoin. The bear market is coming fast with the end of this Q1 beginning the start and this aligns with my strategy of shorting BTC.

I am considering taking advantage of exchange trading events. Its benefit is that my losses remain the same while my profits are even bigger with the prize pools attached to these events.

What do you guys think about the market and using exchange trading events to gain more? If you have an exchange trading event with a good prize pool you can also recommend it.

You are right market is really dumping but the time to short it is not now as I think it was when everything was going down now the market is in some king of stable/consolidation phase and now I think it will go up so if we short now we will lose.

Plus we should not be doing margin trading or future trading here because in a situation where we think the market is in shambles state, don't know the meaning of word though haha, but understand the purpose, we should not be doing future trades as many pointed out here as well.

We should take advantage of events.

[LUCKMCFLY]

Sometimes our vision varies, for some it is a dump, for me it is a normal correction, but in part things are different for the time frames that we analyze, I see it as a natural correction because it is medium and long term, but for those who trade 1 hour, 4 hours, well it is already a dump, in general what I do is look at the long term trend, I would be worried if in the long term I see that it is a dump, then I would clearly say that it is a dump, but in the meantime everything is normal for me, because at any moment the price can go up again.

[Crypto Library]

Sometimes our vision varies, for some it is a dump, for me it is a normal correction, but in part things are different for the time frames that we analyze, I see it as a natural correction because it is medium and long term, but for those who trade 1 hour, 4 hours, well it is already a dump, in general what I do is look at the long term trend, I would be worried if in the long term I see that it is a dump, then I would clearly say that it is a dump, but in the meantime everything is normal for me, because at any moment the price can go up again.

And some times when market dump like this on this kind of situation when market on bull run, it gives me feeling also some good signals like in the previous time we saw when market get liquided on the bullish season and make dumps that mean the big player were coming to move on it and here we lose our emotion and also get liquided by them.

I am still holding my btc and looking for more all time high price in the next attempt like maybe we will see more dump on the near few days.

[LUCKMCFLY]

I am still holding my btc and looking for more all time high price in the next attempt like maybe we will see more dump on the near few days.

This is the best you can do, I've seen a lot of analysis from some youtubers where they say they are scared of what can happen, that they talk about the Market going down even more in price, this is something that will always generate a lot of controversy , to be honest many can say what they want, but BTC is BTC, it will always be the best option to have it in Hodl mode that is how you win.

Whatever some may say is respected, but in the long term, BTC is Much Better than gold , Because it is an asset that is Valued at an Increasingly higher Percentage.

[Crypto Library]

This is the best you can do, I've seen a lot of analysis from some youtubers where they say they are scared of what can happen, that they talk about the Market going down even more in price, this is something that will always generate a lot of controversy , to be honest many can say what they want, but BTC is BTC, it will always be the best option to have it in Hodl mode that is how you win.

Whatever some may say is respected, but in the long term, BTC is Much Better than gold , Because it is an asset that is Valued at an Increasingly higher Percentage.

Yeap long-term means for long-terms and here your investment should be also like that amount.
I wanted to say here if we have a stable income source and we have a idea for saving then let a small percentage for bitcoin but it should be regular investment and yest for the long-term otherwise if we just plan for holding our most of the income to hold bitcoin then we might not be also successful here because only human being and here can be anytime emergency situation could be arise to you and you should be also prepared for that even if you invested on bitcoin.

[Gurujebs]

]
How can Bitcoin bearish if it's sitting at $97k? it is not bearish but it is only your mind that thinks it is but it's not. The market is doing fine, we have to be straight with what the market tells us for now. If you are in losses, you only have to cover them for a while now and you'll eventually recover it once the market recovers too and the more you accumulate, you'll also make more.

A lot of people are new to this Bitcoin thing, even if Bitcoin price hit $70k today, I'm certain that we are not bearish yet. What he had that time is healthy correction, you can't have the market go up like an uptrend manner, it has to go up and down like lower high continuesly in a long term. A pump that happen without corrections is not advisable for buy when you are late already.

The advantage of bearish market is that you can be able to do DCA, dollar cost average buying of a coin you have always want to see the opportunity, there is no opportunity in crypto that doesn't have any benefits unless you don't want to take the advantage.

[LUCKMCFLY]

Yeap long-term means for long-terms and here your investment should be also like that amount.
I wanted to say here if we have a stable income source and we have a idea for saving then let a small percentage for bitcoin but it should be regular investment and yest for the long-term otherwise if we just plan for holding our most of the income to hold bitcoin then we might not be also successful here because only human being and here can be anytime emergency situation could be arise to you and you should be also prepared for that even if you invested on bitcoin.

It's a great plan, I really wish I could have a solidity like the one that can be established just to buy btc, but honestly the problem is that I can have that type of work activity, it can be done with btc quickly, it's something similar to what Corresponds to the DCA Purchase system, it's very good.

In my country it's very difficult to have an economy like that ,  it's Hard because you can have a job where you work very hard and you don't earn anything, or you get paid in a local currency that is devalued a lot.

[bounceback]

A lot of people are new to this Bitcoin thing, even if Bitcoin price hit $70k today, I'm certain that we are not bearish yet. What he had that time is healthy correction, you can't have the market go up like an uptrend manner, it has to go up and down like lower high continuesly in a long term. A pump that happen without corrections is not advisable for buy when you are late already.

The advantage of bearish market is that you can be able to do DCA, dollar cost average buying of a coin you have always want to see the opportunity, there is no opportunity in crypto that doesn't have any benefits unless you don't want to take the advantage.

Bearish market give us opportunity buy back as much possibility but difficult when market position at bull run, recently  Q1 looks market not stable yet and still bearish moment great opportunity buy back with bitcoin still under $100k. I think difficult for next quarter will bitcoin or market still bearish moment or not regarding last years bitcoin get strong raise to higher price after Q1 and drastically the most expensive price at last quartel.
Not too late to buy back bitcoin right now and the best moment how take profit later when upcoming quartel with bitcoin possibility will raise up more.

[bitterguy28]

Should I say the market is currently in shambles or that won't highlight properly the current state of the market?

if this is what you think is in shambles then you are in for a ride

i don’t think the current state is bad but it’s not being exceptionally good either but that’s the market for you it only goes in cycles and it’s never going to be consistently good nor bad

I am considering taking advantage of exchange trading events. Its benefit is that my losses remain the same while my profits are even bigger with the prize pools attached to these events.

if you are not satisfied with the current state of the market, yeah it would be wise to try and look for other ways to make use of your skills

it can be risky but maybe you can find other coins aside from bitcoin that isn’t that bad right now and one which you can achieve whatever your goals are

[Bobcrypto]

I am still holding my btc and looking for more all time high price in the next attempt like maybe we will see more dump on the near few days.

This is the best you can do, I've seen a lot of analysis from some youtubers where they say they are scared of what can happen, that they talk about the Market going down even more in price, this is something that will always generate a lot of controversy , to be honest many can say what they want, but BTC is BTC, it will always be the best option to have it in Hodl mode that is how you win.

Whatever some may say is respected, but in the long term, BTC is Much Better than gold , Because it is an asset that is Valued at an Increasingly higher Percentage.

Honestly speaking, many of the analysis on YouTube channel are some of the analyst that may be looking for followers to grow their channels. Some of them thought that by saying things like "fear" on the state of Bitcoin, it can attract people to listen to their analysis and subscribe, unfortunately, they don't have the experience on Bitcoin analysis or forecast.
Though Bitcoin is difficult to predict accurately, there are few experienced guys out there that are doing great analysis. In facts, anyone analyzing Bitcoin prices are not suppose to create panic on the market except they are speculators trying hit their targets.
Gold is a good commodity, it has been here since accient time, but Bitcoin has the capacity to dominate it in near future.

[JISAN]

Should I say the market is currently in shambles or that won't highlight properly the current state of the market?

Every news currently seems to be bearish for BTC and with this, it is better to start shorting Bitcoin. The bear market is coming fast with the end of this Q1 beginning the start and this aligns with my strategy of shorting BTC.

I am considering taking advantage of exchange trading events. Its benefit is that my losses remain the same while my profits are even bigger with the prize pools attached to these events.

What do you guys think about the market and using exchange trading events to gain more? If you have an exchange trading event with a good prize pool you can also recommend it.

It was our dream to see Bitcoin price at $100k.  And it has been implemented during the previous halving, Bitcoin has not made a new ATH and then made a big down, which Bitcoin has been maintaining since the beginning of this circle.  So logically, it is likely to happen this time as well.  So accordingly the price of Bitcoin will surely go down but basically no one can guarantee how much the ATH of Bitcoin will be this time.  Bitcoin has come with a good enough support so far that the price of Bitcoin can be seen to rise again at any time.  But once it goes below $85k we will see bitcoin season again very soon