Topic: Bitcoin Future is still bullish. (Read 545 times)
The price of Bitcoin should rise after the adjustment, but the price of Bitcoin is difficult to predict, and no one knows the future price.
It can be seen from these graphs that the price of Bitcoin will continue to rise after adjustment.
Since I first learned about Bitcoin, the price of Bitcoin has risen a lot, and the price of Bitcoin will continue to rise in the future.
After 2017, the price of Bitcoin has continued to rise, but the price has fallen somewhat recently. It should be a price adjustment, and the price should continue to rise in the future.
I also think that the price will rise, and it may reach $50,000 by the end of the year.
Recently, the bitcoin market has cooled down, hovering around $30,000, but the market is still very optimistic about the upside of bitcoin. As institutional investors expand, it will push the price of bitcoin up.
The price of Bitcoin is difficult to predict, and it is not known whether the price will continue to rise in the future.
But nobody knows what will be the short-term situation.
Short term price actions won't really matter If you're aiming for a long term investment. Most probably those who are concerned with the daily and weekly price movements are those day traders or short term traders. But when we're talking about Bitcoin's future, then I assume we're talking about the long term investment profit of holding.
But of course, data has shown that every post Bitcoin halving year remains in favour of price rise for Bitcoin. Anyone selling now for the purpose of fear that Bitcoin will crash will regret it big time. Even those trying to rebuy may likely miss the bus. This, to be honest, isn't just going to be a bullish moment for Bitcoin. Altcoins too are going to soar. I ain't even taken by surprise seeing that "the forgotten Dogecoin" hit over 8cents today. It's an impressive run so far.
Many institutions invest in Bitcoin, this means the future of Bitcoin is good. Because institutions must do research on Bitcoin, before finally deciding
to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.
but what if these investors sell in the future and they will also leave after that ? Will btc still be bullish ,I bet not anymore but investors leaving btc is not likely ,what is likely is they can sell some percent of their assets .to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.
Price drops but it will recover after some time .
Big Investors invest because they have other plans but those who mostly invest in btc thinking that btc future is bullish are small investors .
Many institutions invest in Bitcoin, this means the future of Bitcoin is good. Because institutions must do research on Bitcoin, before finally deciding
to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.
to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.
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Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent
Obviously because this market will not survive if bitcoin will not be bullish. As we all know, bitcoin dominance is very high, currently at 64%, so if bitcoin will dump, the whole market will suffer and for the altcoins to grow, bitcoin has to grow more as well, that has been the trend.
True, The overall crypto market solely depends on BTC in terms in value which is not a healthy sign in crypto in my opinion. If all crypto continue to depend on BTC value in the long run, there will be no real adaption will happened since its a sign people investing on other currency are still depending on BTC price even though there own token should be sustainable by themselves.
Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent
Obviously because this market will not survive if bitcoin will not be bullish. As we all know, bitcoin dominance is very high, currently at 64%, so if bitcoin will dump, the whole market will suffer and for the altcoins to grow, bitcoin has to grow more as well, that has been the trend.
But nobody knows what will be the short-term situation.
Short term price actions won't really matter If you're aiming for a long term investment. Most probably those who are concerned with the daily and weekly price movements are those day traders or short term traders. But when we're talking about Bitcoin's future, then I assume we're talking about the long term investment profit of holding.
Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent
In the long run, Bitcoin price will go up for sure. More people 'want in', others are losing coins, thus creating immense scarcity and many other factors are pushing the price up.
For the long-run Bitcoin will absolutely do well. It could reach millions, and the near future (perhaps end of this year) might even go to 50K. It is quite possible.Quote
But nobody knows what will be the short-term situation.
Also agree. There is not yet a clear rise in BTC 's price but we do see a strong holding at the 30K mark, so as long as it can hold up to this we can expect it to cycle with some ups and a few downs too. So, far though things are looking good - not the best, but it's the best you could hope for
I am bullish in Bitcoin for future. More people and more institutions are investing in it.Market sentiments are showing that in near future it will be at 100k easily.
The price of Bitcoin is difficult to predict, and I don't know what its future price will be.
If there will be major correction, I know we are not going to see bitcoin go back below 20k this is because a lot of people are showing interest in bitcoin so everyone are looking for opportunity to buy at the deep. Also some correction we have seen after it goes back below 40k is increasing support by resistance at 30k. It is just a matter of time before we see btc go above 40k again and maybe before Q2 it will set another ATH. I've been reading about this Grayscale ish, it seem the current bull run has something to do about grayscale
The btc price has gain momentum this year and prices tend to rise to ATH of $40k for the first time and who cashed out at that time has gained good profits if they have invested at dips but now market seems bullish and correction phase is going on but one thing which is good this time in volatility factor is that the prices have stabilize at some point and not went too far downward in the graphs.Inspite of whales trying to manipulate the market by spreading FUD the prices will rise with new investment and acceptance at global level of btc as payment system.So just stay calm and hold your coins because prices will pump soon and skyrocket.Did you expect the prices to rise from $7-$8k to ATH of $35-$40k within such short span of time? So this is the power of digital assest have belief over it.
I think Bitcoin is now an investment, more and more people recognize it, and the price will continue to rise after adjustment.
The recent ups and downs of Bitcoin should be a price adjustment, and the price will rise after the adjustment.
Yes, I also think that the price of Bitcoin will continue to rise after the adjustment.
In my opinion this is happen for short-time holders because they are selling bitcoin for some profits.That's why we can't see real pump of bitcoin.But I think Bitcoin will go to a better level if we wait a while.
The Week On-Chain (Week 4, 2021) from Glassnode.
Adjusted SOPR: unlikely to fall to lower levels.
Net Unrealized profit/loss: does not top yet.
Bitcoin changing hands: good impulse rate.
BTC whales (>= 1k BTC): rapid increase.
The article gives me idea that the correction of BTC is to help it rising more. The article can be used for investors who don't care much about short volatility of the market, not traders.
Bitcoin continuously increasing and the price becames double so that many investors and many companies have interest in this cryptocurrency it is new and advance it couy be used in the future as a currency . Adjusted SOPR: unlikely to fall to lower levels.
Net Unrealized profit/loss: does not top yet.
Bitcoin changing hands: good impulse rate.
BTC whales (>= 1k BTC): rapid increase.
The article gives me idea that the correction of BTC is to help it rising more. The article can be used for investors who don't care much about short volatility of the market, not traders.
I believe Bitcoin has a bright future, and this year Bitcoin is still in a bullish trend. So this year's Bitcoin price movement is very different from
what happened in 2017, I don't think Bitcoin will drop below the $ 20k price this year. It is likely Bitcoin could return to ATH price in the near future,
now Bitcoin only needs to cross the resistance price of $ 35k. That's why it is very fortunate in my opinion for those who bought Bitcoin when
the price dropped to $ 30k a few days ago, because based on my analysis $ 30k is the right price to buy Bitcoin.
what happened in 2017, I don't think Bitcoin will drop below the $ 20k price this year. It is likely Bitcoin could return to ATH price in the near future,
now Bitcoin only needs to cross the resistance price of $ 35k. That's why it is very fortunate in my opinion for those who bought Bitcoin when
the price dropped to $ 30k a few days ago, because based on my analysis $ 30k is the right price to buy Bitcoin.
I read this news yesterday https://cointelegraph.com/news/bitcoin-made-up-97-of-total-crypto-inflows-in-2021 which means there are still having many opportunities for bitcoin price up more than now. More than that, many investors just focus to collect bitcoin when the price tries to meet a correction. As you can see now on the chart, when bitcoin price fall then there will be a spike increase that will happen.
Yeah, hopefully the current situation can continue and can reach its all time high again, because if that happens maybe its price can touch $70.000 and more. Also, the current sentiment is really different from the previous bull run market, I still remember when bitcoin fall quickly at January 2018 ago after its price touched $20.000 as its all time high.
I don't understand what this article is, but there is nothing there that confirms the growth of bitcoin, their source is the site coinshares who just wrote the numbers, where did they get them from, we must believe. Yeah, hopefully the current situation can continue and can reach its all time high again, because if that happens maybe its price can touch $70.000 and more. Also, the current sentiment is really different from the previous bull run market, I still remember when bitcoin fall quickly at January 2018 ago after its price touched $20.000 as its all time high.
I read this news yesterday https://cointelegraph.com/news/bitcoin-made-up-97-of-total-crypto-inflows-in-2021 which means there are still having many opportunities for bitcoin price up more than now. More than that, many investors just focus to collect bitcoin when the price tries to meet a correction. As you can see now on the chart, when bitcoin price fall then there will be a spike increase that will happen.
Yeah, hopefully the current situation can continue and can reach its all time high again, because if that happens maybe its price can touch $70.000 and more. Also, the current sentiment is really different from the previous bull run market, I still remember when bitcoin fall quickly at January 2018 ago after its price touched $20.000 as its all time high.
Yeah, hopefully the current situation can continue and can reach its all time high again, because if that happens maybe its price can touch $70.000 and more. Also, the current sentiment is really different from the previous bull run market, I still remember when bitcoin fall quickly at January 2018 ago after its price touched $20.000 as its all time high.
I am foreseeing the same fiat players getting the upper hand in the Bitcoin world.
I don't really consider this to be bad for Bitcoin or retail investors, if they choose to sell, then they would have as easily sold to anyone else if there was no institutional interest.Also, if you're flipping fiat for Bitcoin then maybe you are not such a fiat player after all, and it would be an unprofitable plan to try affecting the value of Bitcoin by buying and holding, in an attempt to control the market.
Retail and institutional investments indicates demand and one should not be prioritized over the other.
Yeah, I agree that one is not a priority over the other. But what I am trying to say is that this changing of hands will be detrimental to retail investors in such a way that these people, unlike the wealthy institutions, might not be able to buy back what they have sold by the time the price of Bitcoin is already very high.
When I was new in Bitcoin, I have a bigger amount in my portfolio. I sold little by little until what was left was only a small amount. Right now, i cannot anymore afford 1 Bitcoin. I can only look back and wonder how things would have been had I decided to keep them instead. For institutional investors, they can always buy back anytime because they have the money.
Yes, I think so, there are still many people believe that the bull run will continue, and it may kit $100000
Bitcoin is just starting its bull run, which is expected to continue for a whole year by the end of 2021 if it repeats its history, and this is something similar to 2017. This is the year in which we 're going to see FOMO kicking in and many individuals rushing to exchanges like coinbase, primexb, kraken to buy bitcoin just because the prices are going higher. We now also have the involvement of institutions that will further add to the fire.
The drop in Bitcoin price is already seen as a price correction taking place after a huge pump, therefore it can be seen as required to enable a healthy market while causing more price increase sooner than later. Also, many people used to think Bitcoin would dump badly after a huge pump above its old ATH, but it kept going till a new ATH was achieved, and now it is correcting again; a good thing to know is that, Bitcoin future is already amazing because for it to survive till now, means a lot lies ahead. Nevertheless, in as much as many predictions are stating Bitcoin will hit $100k etc, we should also know that, this space cannot be predicted thus the need of investing in a wise way.
I think so too. I think the recent decline in the price of Bitcoin is just an adjustment, and the price will continue to rise in the future.
Hopefully that will be the case, the run will be slowing down because some analysts observed that the influx of institutional investor dollars has been slowing or lacking in flow, although I believe that running out or having drought in those aspect seems to be not the case. If the prices were to jump back, and break the resistance around the 40k mark, I think we can see some good days for awhile. Indeed, the bull is still the master of the trend. This pullback is just a correction for the further move. Bitcoin needs to rest before increasing its speed to hit $50000. Moreover, we have a whole 2021 to see how awesome bitcoin will run
Right now, be patient and hold your bitcoin as many as you can
maybe it will be a different story if everyone sells their bitcoins, surely it will make the market fall again. currently bitcoin is in a condition that continues to rise because of the purchase of bitcoin and hold on bitcoin. but if what happens is the opposite, maybe bitcoin will come back down even though it's slowly. Right now, be patient and hold your bitcoin as many as you can
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The article gives me idea that the correction of BTC is to help it rising more.
The correction of BTC happened,because there wasn't enough support for a price above 40K USD,so most of the short term crypto traders decided to just sell and cash out the profits.
I price correction can't help for the further price increase.A correction simply washes away the unhealthy market behavior(FOMO,excessive greed and optimism,increasing price bubble,etc.).
It is well known that more entities are buying BTC,we don't need this chart to know that.
The Bitcoin bullish will be always bullish in the long term,but the short term future of BTC might become bearish,which is perfectly normal.
it is not possible to predict how long the accumulation is going to take or whether the next big rise is going to come immediately after the accumulation. they may try to manipulate the market once more before the price blows up to the moon.
it also depends on the market conditions too. no matter how big the whales are the whole market will always be bigger and they can't go in the opposite direction of it forever.
You could be right here. I understand the importance of control on private key and bitcoin fund and I totally understand why people move their bitcoin from exchanges to their non custodial wallets. It is true and wise not only for whales but also for small investors.it also depends on the market conditions too. no matter how big the whales are the whole market will always be bigger and they can't go in the opposite direction of it forever.
I am curious and still think that the importance of the exchange outflow is magnified too much. Furthermore, maybe whales use or cooperate with media to seed the outflows and lift the price. I see a good thing from this type of news, if you know about it early, you can take advantage of the rise before many others who don't know. When they know about it later, you take profit but they will buy at peaks.
not just 2020 but also 2019, 2017, 2016, part of 2015, 2013, 2012 and more. and the stages are more like this:
Rise ->Pump Big Rise -> Correction -> Panic Sell -> Stagnation Accumulation -> Rise -> FOMO -> BIG JUMP
If the total bitcoin whales bought and prepared their bitcoin >=1k for Big Jump, best thing yet to come. I am bullish.Rise ->
It is out of my curiosity that as whales, how long they will have to finish their jumps. A few days, weeks or months? It is necessary for tiny fish like me to follow whales' waves. I do not think 1k-bitcoin whales will hold their bitcoin and wait for the next halving in 2024.
it is not possible to predict how long the accumulation is going to take or whether the next big rise is going to come immediately after the accumulation. they may try to manipulate the market once more before the price blows up to the moon.
it also depends on the market conditions too. no matter how big the whales are the whole market will always be bigger and they can't go in the opposite direction of it forever.
In the long run, Bitcoin price will go up for sure. More people 'want in', others are losing coins, thus creating immense scarcity and many other factors are pushing the price up.
But nobody knows what will be the short-term situation.
But nobody knows what will be the short-term situation.
Yes, Bitcoin future is still bullish. But if it drops over 30%, then I may change my tune.
While the Bitcoin price has seen several volatile fluctuations over the past few weeks, the most prominent members of the community believes that this isn't much of a concern.
While the Bitcoin price has seen several volatile fluctuations over the past few weeks, the most prominent members of the community believes that this isn't much of a concern.
This is just a small hickup I believe. The bulls will get it to 100k in no time is what I believe. Not a financial advice
The article gives me idea that the correction of BTC is to help it rising more. The article can be used for investors who don't care much about short volatility of the market, not traders.
The article writer is right but it is a normal scenario every cryptocurrency investors/traders ought to have understood before now (except the newbies) that market correction only strengthens the market and prepared it for the upcoming bullish market but I am surprised that the majority of investors/traders only complain about the market price whenever it correction session. 
The article gives me idea that the correction of BTC is to help it rising more.
This has been always the case when we get a correction. It's an adjustment for bitcoin to retrace and get back stronger after that dip. But no one knows when it will come but get an idea if it's about to come when it rises too much. That's how bitcoin balances itself.Yes definitely bitcoin future is very bright and etherum and dot also i think etherum use case are better then Bitcoin
The use case of Ethereum is different from bitcoin. Ethereum is for projects while bitcoin is for real use as money and investment although in the category as an investment, they're the same. Just think about the fact that there are only 21 million bitcoins, and there are a lot more people in the world than bitcoins! So in the long run it will be worth more than it is now! Bitcoin cannot be printed like fiat money...In the long run, all bitcoin holders will end up with big profits!
It is the very old saying and is used many times to pump Bitcoin.Supply and demand, I agree there is a law and it affects bitcoin price. Should know there are supporters and protesters of bitcoin. Not all people over the Earth will buy bitcoin and I don't imagine a day when all people on the planet will have demand to buy bitcoin.
Bitcoin supply makes it scarce and help bitcoin to get its high price. Halving after every 4 years help to increase bitcoin awareness and adoption. Governments and their bans, restrictions help bitcoin become more popular on media.
Bitcoin will rise but not because all people on Earth will buy it.
Just think about the fact that there are only 21 million bitcoins, and there are a lot more people in the world than bitcoins! So in the long run it will be worth more than it is now! Bitcoin cannot be printed like fiat money...In the long run, all bitcoin holders will end up with big profits!
bitcoin will not fall too drastically, despite the correction, it will continue to be bullish. Indeed, the current correction seems to make us uncertain about its continuing downward movement, slightly up and correction over the first. but I believe this year we will be faced with an unexpected surprise from bitcoin. there will be a reversal of the charts that we may not know at this point. Big investors started trading and trading volume will stabilize again.
Yeah, seriously, I don’t know why a lot of them are acting like the price shouldn’t have gone down. It’s very annoying how some adults would act as kids, you know this is an asset and the price wouldn’t remain the same all the time, it can fall at anytime the same way that it increases or is it that these people don’t even know anything about bitcoin and they haven’t done any research?I met someone today saying that Bitcoin is trash because the price dropped lol, this shows that a lot of people are just so greedy and only appreciates Bitcoin when the price is increasing only but over the times, I guess such people will find their own mistake and will regret for hot opting to hold bitcoins for their entire life.
not just 2020 but also 2019, 2017, 2016, part of 2015, 2013, 2012 and more. and the stages are more like this:
Rise ->Pump Big Rise -> Correction -> Panic Sell -> Stagnation Accumulation -> Rise -> FOMO -> BIG JUMP
If the total bitcoin whales bought and prepared their bitcoin >=1k for Big Jump, best thing yet to come. I am bullish.Rise ->
It is out of my curiosity that as whales, how long they will have to finish their jumps. A few days, weeks or months? It is necessary for tiny fish like me to follow whales' waves. I do not think 1k-bitcoin whales will hold their bitcoin and wait for the next halving in 2024.
This pattern happened through entire 2020 if you look at it.
Pump -> Correction -> Stagnation -> Pump
Pump -> Correction -> Stagnation -> Pump
not just 2020 but also 2019, 2017, 2016, part of 2015, 2013, 2012 and more. and the stages are more like this:
Rise ->
Absolutely the corrections on Bitcoin move definitely will happen for a very short time after which the bullish sign will continue to spark up in this year 2021 while the support point of $32k remains at constant.
I strongly believes in the meantime that Bitcoin price would be affected by an institutional influence in the near future, it just matters time while holding your portfolio.
I strongly believes in the meantime that Bitcoin price would be affected by an institutional influence in the near future, it just matters time while holding your portfolio.
BTC is behind 32k and it is struggling to seek support for further movement however investors secured more profit this time as of now the volatility has been cool and we can experience this from the price of BTC.
Professional traders are looking to dominate long-term futures as whales are dumping the price of BTC on the other side, so I would suggest short-term players to invest sensitively and don't do aggressive trades. More corrections are yet to come so plan accordingly.
Professional traders are looking to dominate long-term futures as whales are dumping the price of BTC on the other side, so I would suggest short-term players to invest sensitively and don't do aggressive trades. More corrections are yet to come so plan accordingly.
Yes definitely bitcoin future is very bright and etherum and dot also i think etherum use case are better then Bitcoin
bitcoin will not fall too drastically, despite the correction, it will continue to be bullish. Indeed, the current correction seems to make us uncertain about its continuing downward movement, slightly up and correction over the first. but I believe this year we will be faced with an unexpected surprise from bitcoin. there will be a reversal of the charts that we may not know at this point. Big investors started trading and trading volume will stabilize again.
I am foreseeing the same fiat players getting the upper hand in the Bitcoin world.
I don't really consider this to be bad for Bitcoin or retail investors, if they choose to sell, then they would have as easily sold to anyone else if there was no institutional interest.Also, if you're flipping fiat for Bitcoin then maybe you are not such a fiat player after all, and it would be an unprofitable plan to try affecting the value of Bitcoin by buying and holding, in an attempt to control the market.
Retail and institutional investments indicates demand and one should not be prioritized over the other.
I am absolutely sure of it. Despite the fact that the price has fallen again, it will also rise very soon.
The market prices have gone this far and I think that the only way for the bitcoin market is up. The down in the prices as I much as I want to believe is just a hiccup but we have to be realistic, the run is slowing down and individual investors and old coiners have been selling their coins for a big profit and nothing we can do about that, the institutional investors are slowing this month and I think that it will be a detrimental factor for the rapid rise of the bitcoin market. Maybe if a certain price point is broken, we might feel a little smooth sail along the way.
Indeed, the bull is still the master of the trend. This pullback is just a correction for the further move. Bitcoin needs to rest before increasing its speed to hit $50000. Moreover, we have a whole 2021 to see how awesome bitcoin will run
Right now, be patient and hold your bitcoin as many as you can
Right now, be patient and hold your bitcoin as many as you can
I don't think this is it for Bitcoin. We have yet to see the real pump.
Very bullish for the entirety of 2021. Even with this correction, and slight price stagnation, Bitcoin is primed to explode
This pattern happened through entire 2020 if you look at it.
Pump -> Correction -> Stagnation -> Pump
Very bullish for the entirety of 2021. Even with this correction, and slight price stagnation, Bitcoin is primed to explode
This pattern happened through entire 2020 if you look at it.
Pump -> Correction -> Stagnation -> Pump
Of course it still is despite the massive correction but this changing of hands of Bitcoin is more detrimental to retail owners. It seems the big players which used to be outside the Bitcoin sphere are now getting into the game with their hands full of money and now they are snatching the Bitcoins from those who are willing to be carried away by corrections such as what is happening right now. In the long run, I am foreseeing the same fiat players getting the upper hand in the Bitcoin world.
The Week On-Chain (Week 4, 2021) from Glassnode.
Adjusted SOPR: unlikely to fall to lower levels.
Net Unrealized profit/loss: does not top yet.
Bitcoin changing hands: good impulse rate.
BTC whales (>= 1k BTC): rapid increase.
The article gives me idea that the correction of BTC is to help it rising more. The article can be used for investors who don't care much about short volatility of the market, not traders.
Adjusted SOPR: unlikely to fall to lower levels.
Net Unrealized profit/loss: does not top yet.
Bitcoin changing hands: good impulse rate.
BTC whales (>= 1k BTC): rapid increase.
The article gives me idea that the correction of BTC is to help it rising more. The article can be used for investors who don't care much about short volatility of the market, not traders.
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