$40k Price Target Achieved - page 3.

yudi09

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

Good analysis ImThour. I'm sure your prediction when posting on tradingview account, you didn't think that Bitcoin price ready $40k would happen that fast did you?

The next highest price is based on your predicted target before November 2023. I'm still not sure it will happen exactly at the time you mentioned, although I hope your prediction comes back correct.

Quote from: ImThour on December 05, 2023, 02:19:57 AM

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.

Wink

Buying and holding Bitcoin until the price reaches its highest is not far away. When Bitcoin's price is already $41,800 and has a chance of returning to $42k, people are still thinking doubtfully, those of us who believe a new ATH will occur will buy and hold.

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.

Wink

If am not mistaken bitcoin hit $42,000 as well even a little bit more than your previous prediction which clearly shows that we are leaving the bear market already completely and all that have previously discussed about bitcoin getting bullish althrough the year are getting it right already with their own predictions as well, the market is going more bullish and having strong resistance against the bearish move, this time around, we are targeting on seing bitcoin getting to as far as fifty thousand dollars or so and on or before January 2024, there should be more achievements on this because there's more expectations on the bitcoin spot ETF as well which is possibly part of the reasons we are having this same experience on bullish market.

Crypt0Gore

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Quote from: Franctoshi on December 05, 2023, 03:08:58 AM

One thing I have come to understand with Technical analysis is that it works with time ,But the problem I have some time with my analysis is that I do expect them to happen too fast which at the end it takes longer time to be achieved.
My confidence became stronger about the future price of Bitcoin when we didn't break below $25k support level during the last retracement we had before we started heading up, and after some weeks of consolidation.

And from my own analysis, I'm anticipating a $45k, that my price target which is a few thousand dollars from your own price prediction and we already hit $41k right now, my target is still on the right track though.

If it happened too fast a free fall will follow, meaning there is no strong side ways building up with time before surging, I don't always like such moves unless we are in a full hard blown bull run, this is also why I am not a big fan of trading, because even if you are sure that a move is coming you won't know the exact timing.

I think the second bull run is just getting started, the first phase started months back while people are expecting a massive pump, it's over, even if there will be some retracement next year it won't be as deep like people are hoping for, unless a very scary event takes place.

Just because of Covid, something that haven't happened before in the history of people Hit very hard in 2020 I believe that's why we saw new lows in that year and sadly people have now use that to become a sitting duck, by not taking any action, waiting that something like that Covid period will happen again.

It was a pleasant surprise in 2020, and now it's the fools game of not buying Bitcoin and waiting, many will watch the bull market return without taking any actions, they will ape in when nothing happen this time around.

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Quote from: peter0425 on December 05, 2023, 07:00:00 AM

With this mate , i think I now know which and whom to follow predictions as I have stopped this belief back then but now how you shows us some skills in trading views, will be bookmarking this one and will check your posts from time to time Grin

Thank you for this sharing and your other thread , its time to look for the brighter side now after the bad months of 2022-2023 .

Just remember that not all predictions are accurate or instantly happen. Some predictions turn out the opposite of the prediction and some are like this that takes a lot of months to happen. Don't stop your belief if ever you come across some of that, believe in the technology not in the predictions.

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.
Wink

You are good at technical analysis and your predicted price has been achieved as speculated earlier. We are all seeing the price movement and of bitcoin and we can’t say buy hope that it will still going higher till halving and post halving time to when the bitcoin bull run is expected to happen. Your prediction of bitcoin price to reach $173,566 before November is actually possible, but people will be scared to let it wait till then before selling. So that they won’t miss out at selling at an higher price if it doesn’t eventually reach there. For this prediction, even after the halving is not a bad time to accumulate bitcoin for the profit that will come at bull run.

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.

Wink

With this mate , i think I now know which and whom to follow predictions as I have stopped this belief back then but now how you shows us some skills in trading views, will be bookmarking this one and will check your posts from time to time Grin

Thank you for this sharing and your other thread , its time to look for the brighter side now after the bad months of 2022-2023 .

Quote from: Cryptomultiplier on December 05, 2023, 06:37:02 AM

It was said to speculate on the price sometime back, and I very much told it would get to $35k. Currently, am shocked as to its price now and I have seen so many persons HODLing BTC investments till after the halving when they may decide to sell or keep holding.
It's a good time to HoDL and is a very profitable venture to any long time HoDLer .

but some will take this advantage to cut losses and to sell for a while , so for me it is still HODL that will make me satisfy witht he outcome.

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It was said to speculate on the price sometime back, and I very much told it would get to $35k. Currently, am shocked as to its price now and I have seen so many persons HODLing BTC investments till after the halving when they may decide to sell or keep holding.
It's a good time to HoDL and is a very profitable venture to any long time HoDLer .

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Quote from: Ojima-ojo on December 05, 2023, 05:51:51 AM

$173k price pick by ending of 2025 would be awesome to be honest, but some how, I feel that anything above a price target of $120k to $130k is a pure exergeration

Though I wish Bitcoin will have a price like $173,000 for 1 BTC in the end of 2025, it will be massive, I am fine if Bitcoin won't get that price. My belief is if Bitcoin won't rise to that price in 2024, 2025, it will be exchanged around that price or even higher in next 2 to 4 more halvings.

I am still young enough to wait like 2 or 4 more halvings that will cost me 8 to 16 more years. I set my own task is work and accumulate (DCA) enough 1 BTC that will be my fortune and be part of my retirement plan.

(SSS) - A Sane and Simple bitcoin Savings plan. It is one of topics I very like for my Bitcoin investment plan.

Ojima-ojo

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$173k price pick by ending of 2025 would be awesome to be honest, but some how, I feel that anything above a price target of $120k to $130k is a pure exergeration, but then though, it would be much of a surprise to me if bitcoin end up reaching and possibly surpassing $173k, and this is because, in the last bull run, I never expected the price of bitcoin to reach $50,000, but it crushed this price and almost touched $70,000.

My fingers are crossed, waiting for the bull run to come into full motion.

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.
Wink

Just looked at your last predictions, and it's obvious that you know what you are doing. I do not doubt that by November many investors would have made good profits. This is one of the most accurate predictions I have come across in recent times. Great work OP.

Quote from: Oshosondy on December 05, 2023, 03:37:34 AM

Some people may think buying bitcoin now is not a good idea, because it was at $16500 at the beginning of this year, and now the price is at over $40000. Some people will think if the price decrease would be when they will buy and this may be how they might miss the massive coming bull run. Buying now is still not bad. If someone can not buy at ones, DCA can be used for the buying.

I also thought that buying now is a bad idea because the price might drop in the future especially if the SEC fails to approve the spot ETF. But I think I was wrong because the price might not be solely dependent on the ETF. Anybody waiting for the price to go down for him to buy might be disappointed because it might never happen. With the current move in the price, buying now is not a bad investment decision.

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Yes bitcoin hit the value of 41k$ and has crossed the value of 40k$ so prediction become accurate but as are saying that it will reach to 173,566 till the end of 2024 so it will not be a carry on mechanism but we will see reduce price at some point. In these 24 weeks we did not visualize a carry on process but when price reach the value of 38k$ so again it down to 34k$ and now its increasing and beat worth of 40k$ in less time.

It is important to note that short term depletion is not a talk of worrying but it is the time to be patience and get reward because of this patience in coming Bull run. Soon bitcoin will go upward and the price will be 100k$ very soon so if someone has not purchase bitcoin yet so they should start working on it therefore they will be rewarded with huge profit shortly.

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Quote from: siedemtrzy on December 05, 2023, 03:48:22 AM

Quote from: hugeblack on December 05, 2023, 03:33:47 AM

What is the next prediction? Do you expect the price to continue rising or is there a correction coming? Grin

Frankly, I did not expect the price to reach this level so quickly, and maintaining these levels before the end of the year and before havling will reduce the panic that may occur if any correction occurs.

Correction sounds reasonable. The weak will always panic, the best we can do is to use the opportunity whenever it occurs.

Buy and hodl at its finest!

After this pump, correction is expected by most people. We will definitely see a lot of people who will be in panic and those people with weak hands Tongue

I'll start following/saving this thread and see the result of your technical analysis. I'm not saying I'm not convinced, I always believed that Bitcoin can reach that level. Also, I already started accumulating and now waiting for the next bull run Wink

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.

Wink

Alright.
I'll just sit until 2025 comes and then acquire as much as I can. While the others are fighting with the daily market and pressure, there goes a concerned IT(ImThour) that gives us his accurate analysis. Everyone's gonna endure until November 2025 or before.
We're gonna have some tea party after wards although it's gonna be less than 2 years from now. Tongue

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Quote from: thecodebear on December 05, 2023, 03:33:13 AM

$173k peak this cycle sure would be nice. I'm only expecting like $130k-$150k personally.

Well, Bitcoin can technically cross even $200k in this bull run but as a safe prediction I would say that $120k or above is going to be the next ATH that we are going to see in the upcoming bull run. That target will be achieved for sure without any doubt within just two years. I believe that 2025 is going to be the best year for the holders who want to have their investment 3x to 7x depending on when they have invested into Bitcoin.

I even think that there is a possibility for Bitcoin to reach to $500k price mark in the bull run if it gets intense because the powerful hedge funds are now moving towards Bitcoin and 2025 can change the mind of people regarding Bitcoin a lot. Who knows that even we see Bitcoin at $1M level in this bull run but that's a very high level expectation but still that's possible.

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Quote from: hugeblack on December 05, 2023, 03:33:47 AM

What is the next prediction? Do you expect the price to continue rising or is there a correction coming? Grin

Frankly, I did not expect the price to reach this level so quickly, and maintaining these levels before the end of the year and before havling will reduce the panic that may occur if any correction occurs.

Correction sounds reasonable. The weak will always panic, the best we can do is to use the opportunity whenever it occurs.

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Quote from: ImThour on December 05, 2023, 02:19:57 AM

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalksearch.org/topic/m.62722173)
Time to buy as much Bitcoin you can buy and just HODL.

The all-time-high that I am also guessing is $170000. But I used reducing volatility and previous bullruns for my analysis. Let us see what would happen, but I am also guessing $170000 would be bitcoin price in the coming massive bull run and this would be In 2024/2025. Buy next year, I am expecting $100000, while $170000 by next two years.

Some people may think buying bitcoin now is not a good idea, because it was at $16500 at the beginning of this year, and now the price is at over $40000. Some people will think if the price decrease would be when they will buy and this may be how they might miss the massive coming bull run. Buying now is still not bad. If someone can not buy at ones, DCA can be used for the buying.

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What is the next prediction? Do you expect the price to continue rising or is there a correction coming? Grin

Frankly, I did not expect the price to reach this level so quickly, and maintaining these levels before the end of the year and before havling will reduce the panic that may occur if any correction occurs.

thecodebear

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$173k peak this cycle sure would be nice. I'm only expecting like $130k-$150k personally. Trying to stay more conservative after the fairly small bull market last cycle. I'm not at all convinced we're gonna see an ETF in the next few years, but if an ETF does get approved next year that could be the fuel to push this cycle above $150k as billions of tradfi money move into Bitcoin that otherwise probably wouldn't.

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It's going to be an interesting ride, and the last few weeks have been exciting to watch to say the very least. The next interesting phases in the immediate short term is the combined effects of the Christmas rally, and the January 1 ETF decisions. All it takes is 1 ETFA to get a gauge on whether the others will move into the approval phase as well.

Great job on your T.A. Do you have a fractal for how you think that the halving cycle will go week by week?

Quote from: Franctoshi on December 05, 2023, 03:08:58 AM

One thing I have come to understand with Technical analysis is that it works with time ,But the problem I have some time with my analysis is that I do expect them to happen too fast which at the end it takes longer time to be achieved.

Everyone sees TA as something that will happen tomorrow. The best TA is one over the longer period. It's normal, and a good learning experience once you realize it is not the case.

Quote from: Franctoshi on December 05, 2023, 03:08:58 AM

My confidence became stronger about the future price of Bitcoin when we didn't break below $25k support level during the last retracement we had before we started heading up, and after some weeks of consolidation.

I share the same thoughts here too.

Franctoshi

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One thing I have come to understand with Technical analysis is that it works with time ,But the problem I have some time with my analysis is that I do expect them to happen too fast which at the end it takes longer time to be achieved.
My confidence became stronger about the future price of Bitcoin when we didn't break below $25k support level during the last retracement we had before we started heading up, and after some weeks of consolidation.

And from my own analysis, I'm anticipating a $45k, that my price target which is a few thousand dollars from your own price prediction and we already hit $41k right now, my target is still on the right track though.

Topic: $40k Price Target Achieved - page 3. (Read 520 times)