Quote from: Falconer on October 09, 2022, 03:31:41 PM

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022.

No one should be optimistic yet about Bitcoin, such might be disastrous. What I could advise is for everyone to always reanalyze the market on the daily basis, which is the only way we will not make mistakes. The Bitcoin that was bullish yesterday might be bearish today, so we have to be careful and dynamic.

Quote from: STT on October 10, 2022, 10:30:48 PM

Its not looking good today, we appear to be failing the trend. I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action.

Bitcoin was bullish last week but has slipped back to a bearish trend since after Friday. This is a good development for the bears and it might last for the rest of this week according to my long-term analysis. The bullish enthusiast should, therefore, wait for now.

Quote from: BuNga_cute on October 10, 2022, 10:27:55 PM

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.ofits.

Of course, the bears rule the market in 2022, and might still dominate till the end of the year. The market has been bearish since 2021 if you look carefully at your chart, and it is however better that we remain firm with that view in the long term. But we could regularly adjust our stances on the short-term outlook.

Quote from: BobK71 on October 10, 2022, 06:48:02 AM

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend.

It could be a warning to you that Bitcoin is not yet ready to buy as it is hesitating to rise much when it has bullish opportunities. It might be confined within $25k and $17k for the time being (throughout 2022), so we should all get used to it and make out opportunities within the levels.