the market scenario will follow the previous movement, meaning that the possibility of bitcoin continuing to strengthen is very open, but we can't say for sure when and in what month it will happen, many companies and countries have supported the crypto journey, even El Salvador is very open to letting bitcoin develop in their country, it's only a matter of time bitcoin will become more and more valuable and maximized, so be patient for the achievement.
Have you read any news about El Salvador in recent days ? or when the correction has started within this year ? because I saw from some news that El Salvador was having a hard time when Bitcoin started crashing earlier this year.
Try to find out about it.
I'm not sure about this news, there is a strategy that was deliberately played, so it looks like El Salvador is having a hard time for now, even though there are other steps they want when the correction is back, I think no one knows for sure how the condition of El Salvador is now.
the market scenario will follow the previous movement, meaning that the possibility of bitcoin continuing to strengthen is very open
Which previous movement do you refer to? Sure, the possibility of a more bullish trend is still open. I have mentioned some of the reasons above, and I think there are other reasons that can support the possibility of the next bullish. However, I agree that there is no guarantee of the next bullish, crypto market is very difficult to predict. One bad news can change the possibility of the next bullish and turns to be the beginning of a bearish season. So, just make a secure plan for our assets.
that's what I mean, crypto is now unpredictable, so it's difficult at this stage to do an assessment of whether it's bullish or not, but basically this is very much influenced by the correction conditions for so long, one bad news can affect crypto, so what if There's a lot of news that is rumored to be dropping bitcoin specifically.
What is your market expectations this 2022? Here is what I believe will happen, we will see more dips than price surge this year and that will happen because we have many more crypto believers now, if we are in 2019 now we would have been in a heavy bear market already, as time goes on there will also be more sell than buying and bears will get their powers back
I think sales and purchases will continue to be in balance, this has led to both positive and negative reactions in the market, this year the price decline may be even greater, but not forever this year, the price spike is strongly influenced by bitcoin, so other coins will have an effect on their own, if note that bitcoin is currently not good, but rest assured that in the month of may bitcoin will be back on the pumping path, so other coins will also follow this good trend.
I have been in cryptocurrency since 2017year. During this time, the market has repeatedly experienced ups and downs. But there is still a general trend upward of the price all TOP coins. Therefore, I don't panic and wait for the end of the year. As a result, I will still get a profit from my assets.
That's what we should do, panic will only make us lose, we will always see a market like this in the coming year, so there's no need to panic excessively, so the steps we take will affect the impact on the investment results we make, stay calm while waiting recovery on the green line.