Quote from: tygeade on Today at 08:51:14 PM

Quote from: GoodLuckHK on January 18, 2022, 06:46:34 PM

Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.

Cryptocurrency is going to pass two weeks so far this year but still no positive is found. I think it could be even longer. In other words, it will take some time for the market to get better.

Any one who has been in the crypto space for a long time should understand this and not see it as a problem, because it has continued to happen almost every year. I don't think anyone should panic over this because bitcoin has proved itself formidable over time. The current situation of market is indecisive. It means market will become bullish at any moment because there is no impacting negative news are around and in all such situations bitcoin market is known for becoming bullish hence this time may not be an exception for sure.

Of course, bitcoin will always end up being bullish, but i am seeing it more like bearish these days as its price never even breaks the resistance level of $45k and its price just staying around $41k-$42k in these past days. As well as with altcoins who are only depending their price moves on bitcoin. And this is not new really as its always been the case at the start of the year. But i have still high hopes that bitcoin will still be bullish before this year ends and will end up having its new ATH.