Post
Topic
Board Speculation
Re: Will Bitcoin hit 2022 low again?
by
lixer
on 14/10/2022, 19:23:33 UTC
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.
I am bullish and I am not really keen on waiting, realize that bullish trend people do not really worry about it when it is bearish. Because, when you want bullish but bear happens, you can buy more and wait for the bull to come, the opposite is not possible.

If you are a bearish person and it goes up, you missed your chance, you have to wait for it to come down again and up again, we wait only the up, they wait down and up back to back, which is a lot harder and takes a long time. We had a huge crash, from 68k to under 20k, it’s not really shocking to expect it to go back to 60k+ which means that there is a good chance I will make 3x profit, I just don't know when.