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Topic: Bitcoin is getting ready for $25K, How? - page 5. (Read 974 times)

full member
Activity: 1428
Merit: 120
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February 02, 2023, 12:39:55 AM
#60
The increase didn't came from the market itself but it came from us humans. The market is only there to represent the outcome of what we are doing. We people are now buying and hodling, and that is why the market is showing a positive sign. After we hit $24k which can happen after several days, the next top would be the elusive $25k. Once we are done with them, then the rest is only going to be easy. That is for sure.
I agree with this point of view.  The free market will be receptive to the increase in prices.  It is a move that also shows the readiness of the market.  People think that the Fed's decision created this effect.  But I think the market's recovery has already taken shape, the Fed just shows the extent to which the market is ready.  I think, Bitcoin Price could move at 26k but the range might tighten after that.
hero member
Activity: 2716
Merit: 552
February 01, 2023, 09:25:46 PM
#59
If we look at the current price position I am optimistic that $ 25k will be reached in February, slowly the signs of recovery are becoming more evident, early January the price was around $ 16k, then skyrocketed to more than 30% and reached $ 23k at the end of January, and I believe the price $30k will be reached in March, keep buying and don't panic when the price drops because I believe the price this year will be on the way to recovery.

Could be and it could be early to tell as well. Nobody knows where this current price actions leads to. But, buying today will definitely save you from rushing to buy when Btc's recovery and possible bullrun becomes more and more obvious.
However, in this current market condition, when Btc reaches $25k mark, it would most probably going to pull back immediately after hitting it, as some people might want to short their Btcs.
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
February 01, 2023, 08:55:47 PM
#58
Until now many people thought that the increase in bitcoin was just a momentary pump which would later drop deeper, but if we pay attention then the current increase is purely from the market, we can see this from the volume of daily transactions which is very large and has reached $35 billion some time then, and this fact leads me to believe that the $25k price tag will be reached soon.
Since it's not too far away for Bitcoin to reach $25K again this year, of course it's very possible that this price range can be reached as long as the increase can continue to be consistent as seen today where Bitcoin had crossed the $24K price range and that too could be a sign that Bitcoin could reach $ 25K this month because considering that the distance is very close so the possibility of this happening is very large.
copper member
Activity: 2156
Merit: 983
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February 01, 2023, 08:07:37 PM
#57
Yes sir but 25K is today maybe,  Grin oh and yes your trading view is locked when I tried to open it up. Thanks to the fed make it bitcoin price even higher :p
But to be honest it little bit scary if we are gonna buy it today, at least do enjoy and take profit some if u are buy @ 15K price  Grin but 1 bitcoin at that price already make 9K profit  Grin


hero member
Activity: 2576
Merit: 586
February 01, 2023, 01:59:42 PM
#56
Until now many people thought that the increase in bitcoin was just a momentary pump which would later drop deeper, but if we pay attention then the current increase is purely from the market, we can see this from the volume of daily transactions which is very large and has reached $35 billion some time then, and this fact leads me to believe that the $25k price tag will be reached soon.
The pump that we felt stayed for quite some time so those people who said it's only for temporary are wrong. I already saw a similar scenario where after a pump the price will then stabilize for a while before continuing the up trend.

The increase didn't came from the market itself but it came from us humans. The market is only there to represent the outcome of what we are doing. We people are now buying and hodling, and that is why the market is showing a positive sign. After we hit $24k which can happen after several days, the next top would be the elusive $25k. Once we are done with them, then the rest is only going to be easy. That is for sure.
legendary
Activity: 3010
Merit: 3724
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February 01, 2023, 12:21:11 PM
#55
I thought that the meeting is finished? or maybe I'm wrong?

2 days, with the interest rate to be announced today, in a few hours. Europe and Asia stocks just closed a bit lower (Bitcoin happy to reflect that it seems) as they're probably expecting a bit of bad news, even if the quarter-point hike that's predicted will likely be announced. It's what they'll say accompanying the announcement that investors are itching to hear now and I think they can't believe we're getting off lightly at the start of the year.
legendary
Activity: 2128
Merit: 1775
February 01, 2023, 11:46:44 AM
#54
You can be stuck in consolidation if you buy Bitcoin at the time, but little wait can make use of your money effectively. Wait for the right time to take any bullish position. Range breakout likely to push BTC price towards $24K and $25k.
@Lee Dynamo you have speculation about Bitcoin being too low, $25k is not speculation of experts or investments, users trading Bitcoin $25k is not a benchmark for them to trade, according to my understanding, those traders prefer to do based on daily or hourly volume.

Maybe, if I consider in long term investment, Bitcoin is going to $80-100k level, maybe it's speculation that is suitable to be discussed, $25k is too low for those who make investment, today Bitcoin is at the $23k level, So the remaining $2000 is already at the $25k level. what is a rare phenomenon, no.
sr. member
Activity: 812
Merit: 254
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February 01, 2023, 10:36:59 AM
#53
Until now many people thought that the increase in bitcoin was just a momentary pump which would later drop deeper, but if we pay attention then the current increase is purely from the market, we can see this from the volume of daily transactions which is very large and has reached $35 billion some time then, and this fact leads me to believe that the $25k price tag will be reached soon.
Current market sentiment is still in a positive condition because the Fed reportedly only raised interest rates by 25 Bps, I agree with what you said if the increase that is happening now seems to be due to the large number of investors starting to re-enter the market thus triggering bitcoin price movements it will go back up, temporarily or not off course we can't be sure because the movement of bitcoin prices so far is very difficult to predict, but what is certain is that it's better for us to enjoy the current increase and hope that this will be a first step for bitcoin to break back to its highest price.
sr. member
Activity: 1526
Merit: 255
February 01, 2023, 09:08:40 AM
#52
Until now many people thought that the increase in bitcoin was just a momentary pump which would later drop deeper, but if we pay attention then the current increase is purely from the market, we can see this from the volume of daily transactions which is very large and has reached $35 billion some time then, and this fact leads me to believe that the $25k price tag will be reached soon.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
February 01, 2023, 06:38:36 AM
#51
If we look at the current price position I am optimistic that $ 25k will be reached in February, slowly the signs of recovery are becoming more evident, early January the price was around $ 16k, then skyrocketed to more than 30% and reached $ 23k at the end of January, and I believe the price $30k will be reached in March, keep buying and don't panic when the price drops because I believe the price this year will be on the way to recovery.
There are various types of research going on among investors regarding Bitcoin. Some were hoping that maybe soon the price would reach $10000 where they would get a good buy price. But that has not happened and the current bullish trend suggests that it is going to get more stronger. As a result, it is no longer possible to buy with $20000 at this time. There will be fear in Bitcoin investment and the conditions must be created to contain it. An investor will be waiting for this opportunity when today's bitcoin touches mew ATH again after few days later. If one should think the present time from the future perspective then one could easily understand more about Bitcoin.
legendary
Activity: 3080
Merit: 1353
February 01, 2023, 04:55:23 AM
#50
I think bitcoin is likely to reach $25k or not, it will entirely depend on what happens at the first Fed meeting of the new year, which is scheduled for tonight. If it goes as expected, they will raise interest rates by 0.25% with a dovish, non-hawkish tone, then the market will have more positive changes. There are many optimistic predictions for the market, so wait for the next bitcoin uptrend. I also predict this rally to hit $25k before correcting.

I thought that the meeting is finished? or maybe I'm wrong?

But yeah, let's wait for it, the price is moving towards $25,000 but it's not assurance as this point. It seems that the buyers are exhausted as some point going into $23,000 and we need some positive news to push it to higher.

And maybe after the Fed's meeting and pivot it will be seen as a another impetus and so with that the price can go to $25,000-$30,000 next month or at least next quarter.
sr. member
Activity: 1722
Merit: 252
February 01, 2023, 04:50:32 AM
#49
If we look at the current price position I am optimistic that $ 25k will be reached in February, slowly the signs of recovery are becoming more evident, early January the price was around $ 16k, then skyrocketed to more than 30% and reached $ 23k at the end of January, and I believe the price $30k will be reached in March, keep buying and don't panic when the price drops because I believe the price this year will be on the way to recovery.
full member
Activity: 1302
Merit: 129
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February 01, 2023, 04:29:11 AM
#48
I think bitcoin is likely to reach $25k or not, it will entirely depend on what happens at the first Fed meeting of the new year, which is scheduled for tonight. If it goes as expected, they will raise interest rates by 0.25% with a dovish, non-hawkish tone, then the market will have more positive changes. There are many optimistic predictions for the market, so wait for the next bitcoin uptrend. I also predict this rally to hit $25k before correcting.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 01, 2023, 03:43:59 AM
#47
Not sure if it will be , but seeing it now looks like the market is hindering this from happening , for how many days now that there is continues growth but stopping at 23k and moving slow.
small lowering then staying that level so I am not sure if we are truly ready , but asking me? i care nothing for this 25k because all I wanted to see is the price gaining to 50k and above again.
Right now Bitcoin is having a hard time leaving $23,000 behind. It was easy to break but it seems hard to surpass.
if it is breakable then it is easy , but with the movement nowaday, I am starting to doubt if we will be seeing 25k or not this 2023.

Yes despite the higher-lows momentum, uncertainty exists in market but anyhow we have to overcome oversold market. Eventually, selling on rise is over and it's the time to see upwards. right?
exactly, looking at it now? I have been a hater of people who loves misleading people of what is the market or where is the market heading but now? I will certainly let my mind believes in this and that upwards must be the market acting in the next coming weeks or at least month before the year of 2023 ends .
maybe we can actually try buying more on this?
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
January 31, 2023, 10:35:14 PM
#46
Just a little more push and we will be there in the $25k region. It's that in the last 24 hours, the price is fluctuating a lot from $22,600-$23,200. So we need that extra push, and this is the start of the month and February and hopefully we can make the same price movement like last month wherein the price move very positively. So if that happens then we can simply go to $24k-$25k this February.
The price has been moving between the 22k and the 24k for 10 days now and it seems it is going to take some time before we could see a price of 25k, however it seem possible we could see it during the next weeks.

As even if the bears have tried to push the price down they have failed to do so, and at this point the only way I could see the price of bitcoin not reaching 25k soon is if we found out about another exchange going bankrupt and the community reacting negatively about it to the point a strong correction was formed.
hero member
Activity: 1414
Merit: 542
January 31, 2023, 10:14:47 PM
#45
I hope you were right but it seems like there's a strong resistance to break that $25k or even the $24k but maybe we should have to wait a little longer. The price seems to be slowly growing despite of the traders selling out that makes the market to move back a little but sooner or later they will stop selling and there might be a fomo if a good news coming.

We can't tell when will be the $25k going to show up but with perseverance we can continue to hodl and wait till that $25k show up. It might not be bullish yet but it's a good sign that the market is slowly recovering after a long bearish trend.

Just a little more push and we will be there in the $25k region. It's that in the last 24 hours, the price is fluctuating a lot from $22,600-$23,200. So we need that extra push, and this is the start of the month and February and hopefully we can make the same price movement like last month wherein the price move very positively. So if that happens then we can simply go to $24k-$25k this February.
sr. member
Activity: 2506
Merit: 368
January 31, 2023, 01:28:10 PM
#44
I hope you were right but it seems like there's a strong resistance to break that $25k or even the $24k but maybe we should have to wait a little longer. The price seems to be slowly growing despite of the traders selling out that makes the market to move back a little but sooner or later they will stop selling and there might be a fomo if a good news coming.

We can't tell when will be the $25k going to show up but with perseverance we can continue to hodl and wait till that $25k show up. It might not be bullish yet but it's a good sign that the market is slowly recovering after a long bearish trend.
hero member
Activity: 2604
Merit: 816
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January 31, 2023, 12:47:15 PM
#43
The bitcoin price has now started to increase again after a recent correction. It looks like the $23k position has become more stable and it is possible to continue accelerating to higher prices. Tomorrow is a new month, and we can hope that the bitcoin price will start to increase in the next month.

And the next price target is at $24k, which was almost reached yesterday. And if the price can increase rapidly in the next month, that will be encouraging for us. And before that happens, you must be prepared to welcome it. Reaching $25k is just around the corner and hopefully, it will get there in the months ahead.
sr. member
Activity: 2618
Merit: 439
January 30, 2023, 08:47:55 PM
#42

What is the first priority? [/b]

You can be stuck in consolidation if you buy Bitcoin at the time, but little wait can make use of your money effectively. Wait for the right time to take any bullish position. Range breakout likely to push BTC price towards $24K and $25k.

Well for me that still counts mate , either consolidation or not ? stocking bitcoin will always bring us good return as long as our willingness to Hold and have faith is the process all investors must consider.
breaking 25k might be enough but if you are truly looking for long term? then keeping till it reached 100k will be the best strategy.


But when will bitcoin reach a price of $25k again? I don't think anyone knows for sure about that. We only predict, leave it to the market, and can only wait and prepare everything.

I am doing this, I also make my own prediction, but I also don't trust my prediction because bitcoin is like that, unpredictable.
if you are not trusting your own prediction ? then what is the sense of that prediction , so better never be lol.
legendary
Activity: 2534
Merit: 1397
January 29, 2023, 07:42:54 PM
#41
With Bitcoin breaking $23,000 level a few hours ago, I believe the next stop will be the $25,000 level.
The next stop could be bumpy and very volatile, let's expect that also this pump above $23,000 is a good thing for me. Look at the monthly candle, it's about to close.
So for me, there are still 24 hours left before the monthly candle closed. I am hoping we will close above $23,000.
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