Bitcoin Bullish Scenario - Minimum will reach $75000 - page 2.

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Quote from: Dave1 on January 09, 2022, 05:53:20 AM

Quote from: Epaper on January 08, 2022, 07:06:40 AM

I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.

Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K.

Well, that's what the whales and institutes want from retail that they become completely disappointed on the bullish market and sell all their holding thinking the bear market is started and the price will go further down. That will be the right time when whales will push the price up and then retail will again enter at the high , probably at the time when bitcoin will be near its peak.

SquallLeonhart

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This is more rational than the big targets people set, the bitcoin price is currently close to $40k until the correction does not recover completely, a large bearish candle will not be able to bring bitcoin to a price of $100K in the next few months, but to reach the $74K or $75 level K is more likely to be easy to obtain, this projection can be accepted with common sense compared to large predictions under conditions of ongoing correction.

There is a difference between what happened and what is going on right now. What happened was a correction, but just because we got a correction doesn't mean that we have to be high right now, not all corrections are followed by a big increase, some do and some don't.

So, what happened was a correction, then we had a small bump, weekly in the green, and now we are just.. here. It is not doing bad, it is not doing great neither, just because the price is low, you can't say that it is "doing bad" right now, it "did" bad but right now it is stagnant or even a bit better. That is the situation we are in right now, it is not a perfect situation, but it is not horrible neither.

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Quote from: StreakW on December 16, 2021, 03:52:17 AM

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.

If this scenario occurs then the current buy the dip will be very profitable.

This is more rational than the big targets people set, the bitcoin price is currently close to $40k until the correction does not recover completely,

Don't trust your instinct that this is still a correction effect because this is almost 2 months on going so i believe that there are no correction instead this is the real movement of market now.

Quote

a large bearish candle will not be able to bring bitcoin to a price of $100K in the next few months, but to reach the $74K or $75 level K is more likely to be easy to obtain, this projection can be accepted with common sense compared to large predictions under conditions of ongoing correction.

\
There is no increase that will happen in next months and as i believe this will also not come this whole year.

but in case there are chance to hype then that will be in the next 2-3 years.

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In other words, we are still in the middle grounds for now, so it might be good long term, but bad short term. But either way, it will take a lot of patience from us to really wait if $75,000 is achievable at the second half of the year.

There could be some news that will trigger another bullrun in the future pushing that price higher again and confidence is back, thus hitting 50 week average again.

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We do seem to be outside of OP conditions for a bullish scenario, these patterns can fail and frequently falter before recovering. I dont tend to draw anything but a straight channel upward that either continues or requires a reset but its not easy to read.

I think BTC remains bullish over the medium term, its done well this past year and hasnt negated that price action by in effect going sideways. I think the recent low could prove to be a good one, its appearing in line with support for 2021.
I wont especially believe we are going to ascend near term until both 50 day and 50 week averages are regained. Until that occurs, I think we are in consolidation and revision ie. we have slowed the pace of gains but I dont yet count that as a negative larger trend.

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Quote from: TravelMug on January 09, 2022, 05:57:05 AM

Quote from: Dave1 on January 09, 2022, 05:53:20 AM

Quote from: Epaper on January 08, 2022, 07:06:40 AM

I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.

Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K.

I'm also leaning towards a bear market, but in the short term or at least this quarter.

I think if we look at the sentiments, it all but negative, but if there will be one good news this market might turn for the better again and who knows $75k target could be hit.

Maybe news like a new country adopted bitcoin legally like El Salvador, or a bitcoin ETF approval by the US SEC.

And if cases that we are in a bear market then we have to face that and be prepared.

The current market is not well controlled, so there is a big mess till now, negative sentiment worsens the condition and can't be cured till now, news about a new country starting to legally adopt bitcoin also can't affect the market, market conditions should be back on a good trend, if you want a lot of price improvements to appear in the future, but maybe we need to be prepared to wait for everything to finish, then get back on a good track and be able to produce maximum prices.

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Quote from: Dave1 on January 09, 2022, 05:53:20 AM

Quote from: Epaper on January 08, 2022, 07:06:40 AM

I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.

Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K.

I'm also leaning towards a bear market, but in the short term or at least this quarter.

I think if we look at the sentiments, it all but negative, but if there will be one good news this market might turn for the better again and who knows $75k target could be hit.

Maybe news like a new country adopted bitcoin legally like El Salvador, or a bitcoin ETF approval by the US SEC.

And if cases that we are in a bear market then we have to face that and be prepared.

Dave1

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Quote from: Epaper on January 08, 2022, 07:06:40 AM

I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.

Everyone wanted the price to rebound again, unfortunately, at the start of the year, the bullish market is but all gone now and has been replace by the bearish market. And I tend to agree that history might repeat itself again, like 2018 wherein it is the start of a long and bearish cycle after hitting $20k as ath. Sorry to burst the bubble but I disagree with you, it will be very difficult to rebound and reach a upward trajectory of $100K.

Epaper

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I think a bullish bitcoin scenario will occur in this year to reach the target price of $75000. Although the bitcoin market is still tending to be depressed since the beginning of December 20221 until now after a sharp sell-off. However, I think as early as 2022 now, I predict that Bitcoin price will appear to be on an upward trajectory of up to $100,000 at least in Q1 2022. Therefore we expect at the start of this new year, bitcoin price to rebound again.

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Quote from: Mamun74 on January 03, 2022, 01:05:07 AM

I believe in Bitcoin price will be reach $70k-$75k+ in 2022.Bitcoin is most popular coin and most valuable coin right now. 2020 and 2021 Bitcoin price huge increase and reached $66k+ in 2021.I hope getting more expensive price in Bitcoin in 2022.I hope bitcoin will be more development and BTC price will be more rise in Future.

The predictions that people make in 2021 are the reference this year, at least the price comparison in the previous year will not be much different, the development of bitcoin has actually occurred in 2021, where travel, movement and stability have proven successful for bitcoin to do, compared to last year where the price of bitcoin did not reach what it is today, but this development will be even more perfect if this year bitcoin is able to reach 1 billion.

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Quote from: Mamun74 on January 03, 2022, 01:05:07 AM

I believe in Bitcoin price will be reach $70k-$75k+ in 2022.Bitcoin is most popular coin and most valuable coin right now. 2020 and 2021 Bitcoin price huge increase and reached $66k+ in 2021.I hope getting more expensive price in Bitcoin in 2022.I hope bitcoin will be more development and BTC price will be more rise in Future.

That's what other hoping since if we can still experience a bear market condition this year then maybe we can say that we will see that thing in next halving since mostly this will be the indicator of a bullish market season like what happen from the past halving happened recently. But lets hope more hype to come and adoption stage will be huge this year so that we can see this to happen.

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I believe in Bitcoin price will be reach $70k-$75k+ in 2022.Bitcoin is most popular coin and most valuable coin right now. 2020 and 2021 Bitcoin price huge increase and reached $66k+ in 2021.I hope getting more expensive price in Bitcoin in 2022.I hope bitcoin will be more development and BTC price will be more rise in Future.

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Quote from: Chato1977 on January 02, 2022, 12:48:38 AM

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Maybe next year we will see bitcoin on 75k$ price level, but for now it is hard to believe that we will reach that price because we are only 3 days away from year end, so I think this will not going to happen, but next year there is a big chance for this price I believe that bitcoin will rise up to 100k$ in the near future.

That is 6k away from the recent ATH so please never underestimate the capacity of Bitcoin so lets take if there.
69k is the last ATH and i think this will be the last stop and we will see another more in the next years.
but 2022 is something we cannot promise , remember that we have recently taken the year of Bull so basically this will be followed by Dumping year like what we had in the past after Halving season.

That's the thing about crypto, 6k above the current ATH is not something that is difficult and we could definitely achieve it. However, just because we "can" doesn't mean we will, is it possible for bitcoin to be 75k or even 100k this year? Of course it is possible, those type of increases in the crypto is not a lot and we should be able to do it. However, a big decrease is equally possible due to how volatile we are at the same time. I am expecting us to break ATH this year for sure, there is going to be something big, like some big news and we are going to see it reach to 70k+ for sure and break the ATH price.

However, I feel like we can't sustain that forever and we are going to end up with a big drop as well. Let's see what happens and hope for the best, however no matter what happens, I want it to end the year above 45k, that's the important part for me, by 31th December 2021 we should be 50k+ even 60k+ and as long as we are there, I do not care about what happens in the middle.

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Quote from: Jating on January 02, 2022, 09:07:53 AM

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Maybe next year we will see bitcoin on 75k$ price level, but for now it is hard to believe that we will reach that price because we are only 3 days away from year end, so I think this will not going to happen, but next year there is a big chance for this price I believe that bitcoin will rise up to 100k$ in the near future.

It's obvious that we are not going to see $75k, much less $50k at the end of the year, and forget about that $100k, maybe we put too much emphasize on that one because of the S2F model who made us believed that 6 digits is possible in 2021.

Anyhow, we are looking at the new year 2022 and I for one is being positive that we might be still in the bullrun sentiments and at least the first quarter might be still be good for us and there is a chance that we might go $50k-$60k in the next month or so.

We don't know if the first quarter will see a significant increase but for me $60k$70k is realistic if there is still a trend, we will not press too high expecting this correction to end soon and start with the rally we are waiting for, but the odds are in 2022 pretty big we are looking forward to the first quarter which will be a long one and this process could result in the best price in Q1.

Jating

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Maybe next year we will see bitcoin on 75k$ price level, but for now it is hard to believe that we will reach that price because we are only 3 days away from year end, so I think this will not going to happen, but next year there is a big chance for this price I believe that bitcoin will rise up to 100k$ in the near future.

It's obvious that we are not going to see $75k, much less $50k at the end of the year, and forget about that $100k, maybe we put too much emphasize on that one because of the S2F model who made us believed that 6 digits is possible in 2021.

Anyhow, we are looking at the new year 2022 and I for one is being positive that we might be still in the bullrun sentiments and at least the first quarter might be still be good for us and there is a chance that we might go $50k-$60k in the next month or so.

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Quote from: StreakW on December 16, 2021, 03:52:17 AM

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.

If this scenario occurs then the current buy the dip will be very profitable.

This means that the price is very much different from many people's predictions, we hardly saw a large bearish in the previous month for bitcoin, and the correction condition will continue until the middle of this year, if we look at last year in the last 4 months towards the turn of the year, bitcoin will experience the same this year, but to reach the maximum price, I predict in the middle of this year, but to touch the price you mentioned I still doubt

Chato1977

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Quote from: ?? on ??

Maybe next year we will see bitcoin on 75k$ price level, but for now it is hard to believe that we will reach that price because we are only 3 days away from year end, so I think this will not going to happen, but next year there is a big chance for this price I believe that bitcoin will rise up to 100k$ in the near future.

That is 6k away from the recent ATH so please never underestimate the capacity of Bitcoin so lets take if there.
69k is the last ATH and i think this will be the last stop and we will see another more in the next years.
but 2022 is something we cannot promise , remember that we have recently taken the year of Bull so basically this will be followed by Dumping year like what we had in the past after Halving season.

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Quote from: Rimueng on December 28, 2021, 10:08:55 AM

I think the possibility of bitcoin price reaching $75000 will occur in Q3 2022. So far the bitcoin price is still difficult to break the $60k resistance, even the bitcoin price is only holding at the $47k-$51k level. however I am optimistic that the bullish phase will occur again next year.

One of the things that makes the price of bitcoin so difficult to predict is its extreme volatility, your prediction is reasonable as you are giving bitcoin a significant amount of time to reach that level.

However the volatility can be so extreme that such price could be reached at any time, after all we will only need to see a 50% increase from the current levels to see that price, and while that is a huge movement in most markets when it comes to bitcoin that is not such a big deal.

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Quote from: Baofeng on December 28, 2021, 09:53:24 AM

Quote from: Doell on December 28, 2021, 09:21:51 AM

Quote from: StreakW on December 28, 2021, 07:02:36 AM

Quote from: TheEconomists on December 16, 2021, 01:58:33 PM

Op I don't believe in your analysis because there is a indication of a downward trend only if you know what each and every candle stick stand for. Although, everyone is entitled to his or her opinion and that is why I see those who believe in your analysis are given you merit but in time we shall see the end result of this analysis if actually we have seen the last bottom.

Actually, Bitcoin price analysis can be done by anyone. The most important thing in making an analysis is understanding the basic concepts. In my analysis, each candle stick represents a specific price movement, according to the time frame. Therefore, let's see in the future whether this bullish scenario occurs. You need to know that in a bitcoin bullish or bearish scenario, nothing has been proven accurately. may happen may not happen.

somehow I believe bitcoin will hit 75K like the analysis you made ! 2022 could all happen seeing the price in the last few weeks strong at the level of 40K up to 51K ,hopefully in two weeks from now coinciding between this year and next year bitcoin will remain at that level ,because 75k should be able ! ah hope the wind doesn't turn far from where it is too in 2022

We are not below $50k, so as I have said, the run up to $51k is a fake breakout to be honest.

However, we have still the New Year, so I'm expecting the price to still go up a bit and a shade above $50k at the end of the year.

But that could be the last push we are going to see as we might see a bad 2022, just saying.

Maybe it will be the start of a bear season.

Myself believe the same, 2022 can be a start of the bear season. During the 2017 bull trend similar thing happened. By the time when price of bitcoin began to drop regularly people understood it as the bear market beginning. Further investors started to make noise predicting 2018 as year of ethereum and altcoins. Later nothing happened, every cryptocurrency experienced bearish trend.

This time price increase have happened good this year, but same pattern as the previous bull trend could end the upcoming year as bearish.

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I think the possibility of bitcoin price reaching $75000 will occur in Q3 2022. So far the bitcoin price is still difficult to break the $60k resistance, even the bitcoin price is only holding at the $47k-$51k level. however I am optimistic that the bullish phase will occur again next year.

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