first of all happy new year to everybody! the cryptomarket ist struggeling, but definitly not dead (as the news always suggest when it comes to a price situation like right now) ... the stockmarket is similarly moderate and a financial collapse is predicted since years! maybe it will maybe not, but if so EVERY market will bleed. anyway i still believe in the potential of crypto and in BTC as the mother of. So dont panic and lets be patient - good times will come again. personally i will accumulate on the way down. this is no financial advice.
good luck investors, traders, hodlers and whatever
Trade active
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exactly hit my target so bought at 30k
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bought at 20k and below as well
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new long target now 40k+ requires some patience as always :)
@Lukazo, I personally think price will bounce towards 46k USD and then I will reassess situation. But at the moment, I think downtrend will resume once retracement towards 20-day SMA is completed. Lets see, thanks for asking. What are your thoughts on that?
Lukazo
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@Tradersweekly, well your idea sounds reasonable and could play out as well. if the downtrend continues prices of even 25k are very likely in my opinion. reassessing situations is always a good move but at the moment i'm just really optimistic for 2022 ;)
Tradersweekly
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@Lukazo, I think so too. If downtrend continues then I think it is possible that BTCUSD will see 25k USD price tag. Thanks for reply.