Quote from: cryptomaniac_xxx on January 29, 2022, 01:26:13 PM

Quote from: maartenhaha on January 29, 2022, 07:47:50 AM

Quote from: HardCore12V on January 29, 2022, 07:10:10 AM

The recoveries that you guys are seeing now aren't real, the road ahead is still going downward, do not be fooled with those little recoveries because it's like denying that bear market never existed, no amount of money can stop bear market from happening cos this is always the natural way in crypto world.

The current resistance signifies the market is not a real recovery as it is recovering from the decline in high market panic since the whales have hit a low point, the market has stabilized this week but I'm speculating the market will be volatile in mid-February although to be honest I don't want to see the market fall below $30k.

Maybe it's the best time to accumulate. Resistance will always be present in the market, and I would say that it is $40k. We are close to breaking it last week if I'm not mistaken as the price goes to $38k-$39k. But I guess it's too much a barrier, nevertheless I have no doubt that it can be done next month February and we can sustain that run and we wouldn't be in the $30k'ish price.

Smart investors knows when to sell and when to buy. So when the prices goes down to $32k for sure whales and institutions have bought huge amount of BTC and they are in a profit already because the price is going to $38k.

But as you have said, the big target is $40k. This is the big barrier right and hopefully we can go over that hump next month. It's already the end of January, and it's not as bad as we picture it. At least the price didn't go down hard to $30k but instead remains above it and then have the chance for $40k attempt next month.