Topic: Bitcoin is getting ready for $25K, How? - page 6. (Read 974 times)

My opinion is that we should over exaggerates when Bitcoin will increase more, because we all know that the supportive means whereby Bitcoin get elevated. From my observations Bitcoin acceleration in price can get accelerated anytime and any minute and it's dependable from the gravities of the market. And it narraow down to the total number of the buyers that venture into the market of cryptocurrency at moment will determine it's increment in price.

I would have to agree with you. It would seem to me that 25k is rather a psychological resistance rather than an actual resistance. 28-30k seems to be the next area of resistance if you look at the chart using technical analysis.

But then again, it might not be wise to underestimate the effect of psychological numbers, especially in trading. We might see a surprise bear trap around 25k but I doubt we will have much trouble after that.

I definitely will not panic no matter what happens once we hit 25k.

Yea bitcoin will hit 25k and above due to the gradual increase in price since the beginning of this year. It is still possible that bitcoin will go beyond this price,so it is still an opportunity for us to keep on buying because I don't think that presently anybody buying will regret it.

I have also planned to buy more bitcoin to my holdings so that when the price goes higher I can be free from thinking or regretting why I didn't buy now because I don't see the price dropping,since it is just regaining it normal price since last year bear market that lasted for so long. 2023 is a good year for investors as the price might hit 30k.

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?

Bitcoins price action is VERY similar to Tesla pretty much. Tesla peaked at like $400 or so. Many people went all in around $300 or so, and then more at $200. Then when it was approaching $100 and looked like it was going to break, everyone went bearish on it and went short or bought puts. And now look at Tesla its like $180 or so. Basically almost doubled.

Bitcoin was very similar. Back in November people were calling for $10K bitcoin due to all the mess that FTX created. We had a double bottom. Did nothing for many weeks and now we are breaking out. Hence this is why trading is so difficult to many. What you think will happen, usually the opposite happens.

You can take short-term profits if you want, especially if you see that there will be a correction to come once the price hits $25k. But if we still need to hold onto bitcoin until it goes higher than the last ATH price, that would be even better. So whatever decision you make, you have to do analysis and calculations so you won't regret it later.

You can still buy back if the price continues to rise because, after the bitcoin price has increased, the price will usually experience a short correction. Whether it will be a deep correction or a moderate correction, you can use that moment to buy back.

Hopefully, it will happen as expected so the price can increase even higher. We are almost out of January, and I am curious about what the next month will bring and hope it will be even better than this month.

What you say is correct because if the price can go any lower, we can buy a lot of bitcoins. But whatever happens, we must be better prepared to seize the moment. You have the opportunity to buy more bitcoins because every increase that occurs in bitcoins will bring the price of bitcoins to experience a correction, and when that correction you can buy back. Sometimes, the corrections that bitcoin goes through can be quite deep, and usually, they are flash dumps, so you might want to wait for those moments to come so you can buy them back in larger quantities than before.

Perhaps what odd is that there are no positive news early this month that makes investors buy bitcoin.

It just suddenly out of nowhere go to where we are right now at $23k, although past history says that after a worst year, bitcoin will recover even if we are still technically in the bear market.

If that is the case then we should be optimistic that somewhat the next stop will be $25k. Because I'm not seeing that this is a bull trap. The whole month was all green candles for us. Nevertheless if this is a bull trap then we can still buy again when the prices goes down.

This is the first month of a new year and investors are looking forward to opportunity that they can invest in to have a profitable year by the end of the year so it wasn't odd to see Bitcoin pumping as many people would had bought. I bought some myself with the hope of getting something profitable by the end of the year and if it's over my expectations they I can sell some to take care of my needs while I keep holding the rest.

Let wait on the market to see what February holds as them we'll all know if this was a bull trap or not. If the market continues rising then it wasn't a bull trap but if it crashes without any reason been held responsible then we could concluded of this recent pump was indeed a trap for now we can't be sure it is a trap

All of us already saw that BTC reached $15k which happened last year and we called it the bottom because there are no further declines that happened after it. I believe that many people have bought a lot during that time but for those who wait for $10k then I feel sorry for them. If they won't change their buying point then I am afraid they will only get left behind.

January is about to end so I don't think we will see a $30k but let see in February. I think once we reached that price, the rest of the price will just be accessed easily. I wouldn't wonder anymore if many people are going to FOMO and usually those are the same people who wait for $10k to occur.

It is possible that the price failed to be reached by Bitcoin because $23K is also still not a strong price until now.

Every movement of Bitcoin will be followed by altcoins is a proven certainty. However, from the results of market observations and based on the IMO, I think it is also part of speculation that can still miss.
We are still waiting for what the next surprise will be amid the principle of still holding before Bitcoin reaches the new ATH.

Just a few more days February will come and we will soon see the closing price of Bitcoin for this month. I don't dare to speculate if in February this positive trend will continue and can even reach the price of $25K even though in my little heart I really want it to happen.

Investors who still think that now is an opportunity to buy more Bitcoin before the price rises again are investors who may become very successful in the future, although sometimes they like to speculate by considering many things before buying, but basically investors always take advantage moment of correction to get more Bitcoin with the capital they currently have.

$25K is no longer looking far for Bitcoin because now the Bitcoin price range is at $23K and if the $25K range can be crossed by Bitcoin in the next month, that will be a very good sign for investors as well as traders because Bitcoin could be approaching around $30K by the end of the first quarter of this year.

It will easily reach $25k but it's still below the current ATH. A bull run will trigger a new ATH of bitcoin and then eventually altcoins will follow. Been observing the market, and based IMO, I think we are still not in a bull run, this price run is just a correction as bitcoin was oversold.

Even if bitcoin rises to $30k, those who haven't bought bitcoin still have a chance to buy bitcoin. As long as we have a long term bitcoin holding strategy can say we can buy bitcoin at any price. But if we buy at a higher price, the profit will be less, so take advantage when bitcoin is still highly discounted to buy it.
About the $25k target prediction for bitcoin, no one can give an exact answer, still an old answer; it's all speculation, and bitcoin is still unpredictable.

From $65K to $16K is quite a distance. Whether it stays at $16K, $17K, $18Ķ or up to $20K, we think the current price is still a good price to buy before the price goes back to the highest level.

Investors are now still speculating what will happen to Bitcoin next and until Bitcoin continues to increase in price past the $23K price or has not yet arrived at the $30K price, in our opinion it is still the best opportunity to buy. Why? because bullishness is not certain whether it will happen in the near future.

I am doing this, I also make my own prediction, but I also don't trust my prediction because bitcoin is like that, unpredictable. Let the market move freely, and we have to prepare plan for both cases, what do we do if bitcoin continues to rise and if bitcoin falls again what do we do?
But I really want bitcoin to fall back rather than keep going up, bitcoin rise means I will lose the opportunity to buy cheap I don't have much money to buy bitcoin 1 time, I am accumulating monthly so I highly expect bitcoin to stay low until the end of the year.

Many experts expressed varying opinions that the price of Bitcoin had reached a minimum of $15,000.  They and they estimated at 10K dollars many investors were ready to invest but their wishes were not fulfilled.  Now at present they are ready to invest at 23k dollars because it cannot come more than that.  But the maximum opportunity was $16K now at least they would have seen some benefit and their portfolio would have grown.
However, many experts thought positively that Bitcoin will reach 30k dollars in January and February this year.  And I currently agree with this opinion because Bitcoin is the most likely to increase in price.

You mean sell at $25k and make some profits short term specially for those who have bought around the $15k-$17k price range?
Not sure if that is a good idea though, I would rather go long and not sell but just continue to buy and then HODL.
And we don't know, maybe the price will not go down hard after reaching $25k, so how can we rebuy when the price keeps going up?


Most likely we will, even though we have some correction again, I think the market remains bullish until we break that $25k price range in the next coming weeks or so.

The priority we have to do is to get our bitcoin ready in case we want to take part when the price can go back up to $25k. But we can also buy bitcoin again when the price reaches that price because, with the opportunity for the bitcoin price to reach the highest ATH again, the price of $ 25k is still a reasonable price to buy bitcoin. But it also depends on our readiness if it turns out that after reaching a price of $ 25k, the bitcoin price experiences a correction and falls below $ 25k.

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.

Which shouldn't matter much to those of us who don't buy and sell short. Those of us who are saving in Bitcoin are clear that until the next bull run, until the next ATH breakout we are going to have ups and downs, it is not going to be a straight line.

I think we will end this year in positive but we are going to have a lot of volatility, especially considering the general economic situation. If in two weeks we are at $25k, $30k or $18k I don't care, although we always like to look at the screen and see that the price has gone up.

This seems to be an echo bubble in the making. Pretty much a repeat of 2019. Where we will get a small bubble which will get popped like in 2017. People will see Bitcoin rising and will chase price and it’ll peak maybe at like $35K or so before trending down and then trading sideways for another year.

Currently inflation has obviously peaked and employment is still strong so people think that the fed actually will do a soft landing. Hard to see it any other way. Until something bad happens like with the Lehman brothers bankruptcy and things will turn bad very quickly.