My perspective on BTC right now

I've been checking out a ton of stuff on Twitter and other places, and folks are saying we’re heading into a bear market at the moment. But honestly, my thoughts on BTC are a bit different. Think back to May 2021 when Luna collapsed. The market took a serious hit, and everyone was convinced that the bull run was done. It was a total mess. But then, out of nowhere, the market bounced back and kicked off another big rally from July all the way to November 2021. Right now, I feel like we’re kind of in the same boat as we were back then. We’re seeing some corrections, but I don’t think the season is over just yet. Sure, I could be wrong, but I’ve got this hunch that a big run is coming our way soon. Let’s keep an eye on whether BTC can hit that 90k mark again and break its all-time high.

That was a bad example that may only apply to the current situation and only partially. Terra Luna was a centralized shit-token on a flawed platform that had absolutely nothing to do with bitcoin. And its demise also was not the reason for bitcoin price dropping. Back in May 2022 (not 2021) bitcoin has already been on a downtrend ever since March (from $48k to ~$35k) and then this shit-token collapsed and some newbies panic sold so price dropped some more to $20k. And that ongoing downtrend continued until the end of the year only reversing in January 2023. The only similarity with today's market is that the recent "panic sell" was similar. Newbies saw the US stock markets open on Monday and then as it crashed hard, these weak hands panicked and sold their bitcoins creating a crash in bitcoin market for no reason whatsoever! Otherwise the main reason why bitcoin has been and is still struggling to enter the type of bull market we are most familiar with is because of the ongoing global recession that is only getting worse as the economy war intensifies. I agree that it is not exactly a bear market yet but the struggle is real.

With how the bitcoin market is right now, this is what that might happen. Bitcoin price will later increase and get to all time high. I do not like listening to what many people are posting on social media and I depend most on my own analyses which have been accurate to many extent in the past. I have make some analyses about this before and I know we are not yet in the bear market.

with time, bitcoin will eventually go pass $90k and even go further above the last ATH to even something better. the point we are currently at is just like a resistance that will not last long and likely, we might not get down below this point before going back to the last ATH and even surpass it. i am currently looking out for bitcoin going past $150k before the end of the year, within the year, whatever happens and however it goes either up or down will not matter much if at the end of the year we are able to attain an all time high that is at that value of $150k or if possible go above that price.

Normally it happens for us to see the market price drop to a point where we start asking questions that sometimes don't have the best answer but this might be different from what you're thinking will happen. Fine Bitcoin price is not showing that perfect sign of getting back up to anything closest to the current ATH at this very moment but from how is moving I believe it won't only get to $90k but it will definitely break into another new ATH which might not be in this very month maybe next or upper month, for me I'd say let's see it get to $85k then that would be the sign.

Different circumstances though, what we can say is that Bitcoin is very different and we can't compare it to it's previous high. For once, we have seen a new all time high before the halving. And then when Trump was elected the price goes off to a new all time high at $109k. And we have a lot of politics going on right now, specially when Trump was elected. But the good thing is that Bitcoin might have a new cycle, but it's going to be very resilience with what is going around, the noises in the background that we might still be going into new heights at the end of this year. And I do agree that this is going to be a struggle, but still we will go to 6 digits again.

Most Bitcoin enthusiasts are predicting that we're going to enter into another phase of bull run, what we're experiencing in this dip is just a correction that will skyrocket to a bullish trend. I have the believe that we can experience a massive ATH within this 2015, so any dip now is an opportunity to increase your bag, that is how I look at it. Weak hands will sell, then smart investors will buy, this has always been what Bitcoin is about. For investors that have experience, it's buy and wait for as long as it takes to become profitable and this is a waiting period.

The price of Bitcoin and the crypto market is moved by economic news, and currently, the tariff war of US to other countries is a factor that I am sure has its effect on both the crypto market and the stock market as well. After every new ATH, we always see a deep in the price, which we do see as price correction, and then a bear market or a continuation of a bull market. If the price of Bitcoin can reclaim the $90k price mark, then we will see another ATH before the end of the Q2 of the year, which will be a mark to the target of $150k, as most speculations are looking forward to.

Of course before the end of the year Bitcoin price would definitely pass $150k an above, so is just a matter of time it most surely reach all time high before the year goes by. So however, I think there is nothing to be worrying about the price of Bitcoin right now because no matter how dip the price gose now, it most surely increase in the near future.

Actually, a $90K price for Bitcoin this month is still very possible because the current price is also not too far from that number so I really have no doubts about it. But for the new ATH again, which Bitcoin may have to rise to $110K this year, it may not be created immediately in the near future, although I personally have never doubted the potential for price increases in Bitcoin. But for now, the conditions are not the same as the year you mean because no matter what, we are all in a different year with conditions that will never be the same as before.

I either don't think that the Bitcoin volatility is so weakly that the bull season would end just so quickly like that. Based on historical market performances, this current complicated market event where analysts speculates that the bull is over is doubtable which could mean that we are still in correction times where the price suffers declines and restrictions as garbage to ease the utterance of the recent ATHS currently seen and then, gathers momentum for resilience rooting upwards to new ATHS. So for now, let us hope there are certain reasons such as economy crisis and investors sentiments that is responsible for the market chaos but surely, there will be economy dialogue and investors readjustment which is certainly potentials to fertilize the price regain  it pumping force ahead to  reach other ATHS.

I also think the market is affected by macro events and what is happening is because of Trump's tariff war. So the movement of bitcoin and the entire market this year will depend on the trade war as well as the economic situation. I agree with everyone that we are not in a bear market yet, but it could happen and there will not be a bull market like we expect if the economic situation does not improve. The tariff war is making things chaotic and nothing is certain, which is why I am not leaning towards any market scenario and anything can happen.

There is no justification to validate that historical performance has certainty or guarantee of recurring in future time rather what history does is to give clues or guidance of we can possibly look out but it is not a must that it will happen in the same manner and attributes, every speculations and predictions are true until it is proven otherwise, the Bitcoin ecosystem has been built in such a way that factors constituting it can be evolutinal and history may not be able to repeat itself at some point, most times we really have to leave off what others may consider the market to be like and focus more on what you personally think about market, because everyone is free to talk about the market in the manner that it pleases them.

The year is still long for Bitcoin to make new ATH, a bit difficult to make emphasis on exact price of Bitcoin whether it will go above or stay down. Earlier when the year started, we supported Bitcoin to get high as $200K and over, i don't think anyone holds that thought up till now. My worries is that Bitcoin ATH may not be long as expected, no doubt if we are ever going to experience positive action from the market, so much confidence that very soon, Bitcoin market will start climbing.

When the price of Bitcoin drops in a short time, of course, we will see some people who think we are in a bear market. But what we see now is that Bitcoin always comes back after the drop that occurs. Maybe this situation will be long enough in the market, but it all does not prove that we are in a bear market situation. More holders are still optimistic that Bitcoin will reach a new ATH this year. Ignore those who have given up.

I am optimistic that the price of bitcoin will still retrace back to $90k and break more ATHs even before we enter the main bear market. Of course, it is becoming a norm that whenever the price of bitcoin is falling, a lot of people especially those bitcoin critics will be talking about how bitcoin will crash and how the price will fall drastically but you don't need to listen to them, just do your own research and invest as your heart leads.

Many have not giving up hope yet on the market and still have a string conviction that Bitcoin will recover and still have the bull run that has been anticipated for long now. This year was suppose to be a bullish year for bitcoin but all this that’s happening in the market are external forces affecting the market which many of them were not around during the last bull run. So this makes it looks like the market is just going through some consolidation phase and with time, it’ll recover back and we will see a proper bull run in this 2025. Many holders are still holding tight to their investment while some others sold when it reached $100K+; we can’t be 100% sure of the bull run happening but if it doesn’t again and we are already headed to the bearish market, most of this holders will have to wait till next cycle bull run or sell at loss now which is not a good one for them. The market hasn’t shown signs of a bearish trend yet, so we’re still optimistic that the market will recover.

Past events will not guarantee you any future recent. If you cling to your investment using the past events, then you are doing a mistake. What you should notice more here is the fact that economic situations have affected Bitcoin a lot from last year till now. Back in 2021 the Luna crash made investors scared which is totally different from what is happening now. It will be wrong to use that example to relate to what is happening now except you are speculating and nothing more. Left alone, i wouldn't mind caring less on when the price will start going up. I am looking for more opportunities Bitcoin can give to me at this time.

Are you looking to buy more bitcoin with the opportunity the market will give you from now? If Yes, then it’s a good idea you’ve thought so as the market keeps going down and not yet in bullish trend. Past events are used to compare to present events but should not be fully reliant on to make the decisions one needs to make out from the market, they may not be of any impact in the event now as it was several years ago. The economy situation the market is facing now is one that cannot be disregarded as it plays a pivotal role in the price movement of Bitcoin. The most cause of it that makes it look like this is the trade war between China and America which until it has been stabilized, we won’t see any significant stabilization in the price of bitcoin or see a bullish trend around it anytime soon.

Dollar index lost about 10% in the last few months, if I look back along that DXY chart to see when else it did that I get to somewhere near to Autumn / Winter 2022.    BTC was pretty beat up around that point, it wasnt quite the nadir but quite close by we found the low round around about the time DXY had lost alot.      I do think the current context of doubts with Dollar and politics worrys is not the time when BTC is to be doubted so much.   Lower dollar if anything is a weight or pressure off the back of trading BTC, less demand for dollar even if not exactly inverse its a tailwind not a headwind for BTC. Current strife will probably result in a boost for BTC which has no politics and giant government deficit weighing it down, crypto is subject to general market fears but not this actual cost.   I think we will resolve in a bullish way even if not right this moment, the context from FIAT to crypto will find crypto does benefit from not having these negatives so we gain imo.