Countdown to the end of 2021 and crypto market still without defining trend
With only hours to go before the close of 2021 the crypto market price action, specifically the Bitcoin price action is yet to define what its trend direction will be, an element that puts any intention to enter into executing buy/sell trades on pause.
Bitcoin has not yet developed a trend direction that allows us to take positions in the short term, so the question arises as to what will happen to the price of Bitcoin and cryptocurrencies in 2022.
As indicated in my previous posts, from my perspective and predictions the Bitcoin price action will remain in the $45,000 to $50,000 range for a few more days before resuming a new bullish direction.
What was expressed in the previous paragraph about the probable upward direction is perhaps a subjective consideration, but undoubtedly, particularly in the last few months, it has been gaining strength.
Therefore, I believe that the current price zone that the month of December has given us is ideal to take the opportunity to buy and accumulate some alternative cryptocurrencies, fill ourselves with patience and in the first months of the year 2022 sell and take profits in the first momentum that the market takes to the upside.
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: es.cointelegraph
Hi friend @lupafilotaxia, 2022 is here and BTC is still not defining its trend or its path, but I am sure that in the next few days it will give signs of what will be its next trend.
I just can't wait to see the end of this year and moreover when we enters 2022 if you are not focus enough you will still repeat same thing over and over again.
Greetings @tfame3865
True, I promise you that next year I will not repeat the same thing, by then we will have a clearer scenario of the price direction. Happy New Year, blessings to you and yours.
hello @lupafilotaxia,
one of the things that worries me is that the market crash of 2017 happened in January, so we have to be very vigilant for a possible market correction in January. only time will tell whether this year will be one of plenty or gloom for investors.
Crypto market is very volatile market we cannot predict the future but we can see the small analysis of the trend.
But as per my analysis we will see huge run in the first quarter of the 2022. We just need to hold and wait for the next run.
Hello friend @lupafilotaxia, BTC has really filled us with uncertainty the last days of the year, but as you say, it is time to take it easy, take advantage of buying and capitalize on the next upward movement, this currency has already shown a strong recovery after its falls. A fraternal embrace and best wishes for the New Year my friend!
Hello dear friend, I hope the trend is up hehehehe but for now I will enjoy my Christmas and the few hours left to finish the year, then you worry about cryptocurrencies hehehehe. Greetings and have a happy new year.
hehehe, that's right friend @franyeligonzalez, I uploaded these lines while I was waiting for the hallacas, have you tried the banana hallacas in firewood?
Hello dear friend @lupafilotaxia, the market is confused at the moment, but tomorrow is the culmination of 2021 with many speculations that were forged with the price for the end of the year. Let's wait as you say the bitcoin trend for this new year.
See you later brother, have a happy new year full of success !
Hi dear friend @amestyj, the crypto market gave us a lot during all the months of the year, remember it started near 20k and look at the area where it is, everything is positive, at the moment I will go down the banana hallacas on firewood.
Blessings to you and yours.
Happy new year in advance, alot of people actually have plans of selling and trading this last month of the year but it turns the other way round as this is the best time to buy and keep. All the way cryptocurrency has been good this year.