Topic: Bitcoin is getting ready for $25K, How? - page 7. (Read 974 times)

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.
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, in my opinion, it is natural that the next target for Bitcoin will be at $25,000 after breaking $22,800. It is also expected, after reaching the target, that we will see a correction at this point, and perhaps a return to 20-21k$ levels.

It is good that I see all this optimism after the long period of stagnation that hit the market. I find many people are optimistic about the strong rise of Bitcoin, but I personally think that it is good for a correction to occur at point 25k$, because the rise of Bitcoin much above this point could lead to a strong decline Un-wanted.

It really depends on what the FED statement will be next week? I think for me this will be one factor whether we need or continue this ramp up to $30k or higher or the price will decline because of what the numbers will be in their next statement.

So we need to grind first that big barrier of $25k and then if there is some positive statement then the price could go as high as $30k next month.

Yes, investors are still accumulating at this point, price is looking attractive as it is still very cheap.

Based on the movement of the Bitcoin price this new year, showed that many investors will have a lot of incomes to achieve when the price of Bitcoin hit higher in the market which is the time many investors are waiting to experience in the community. If the price hit $25,000 end of this month or next month, I believe it will help investors to start making money from their investment. I think, the price of Bitcoin will definitely increase to $25,000 before the end of this month of January because the price has increased to $23,232 yesterday which are some signs that is making both long term investors and short term investors happy.

It could be very significant right now as our lower lows is $15,000. So going to $25,000 is like $10,000 so that is huge and it could be a difficult task right now. But let's see if $23k could be maintain first, I see a lot of selling pressures right now and it might not be good to see the price going below it if we wanted to see $25k short term.

However, the game is still going to be long for us, we are in the bear market so a lot of things can happen that might go against the $25k prediction. Like some bad news as a whole bringing all market down.

After it reached 22k and reading some fud about another BTC group filing for bankruptcy made some of us sell. 
The spike in the price is really too much to think it's not going down any moment which is why I'm looking forward to gaining in the next dump.

But if they are right about manipulation, it would make sense for them to make the price of BTC go higher and only a few people can afford it.

Right now Bitcoin is having a hard time leaving $23,000 behind. It was easy to break but it seems hard to surpass. The price is basically going up and down $23,000 for a while now. But I think once the price gets past it and hits $24,000, a certain amount of FOMO could be possible. That might be enough for the price to shoot right to $25,000. This is not a question of "if" of course. This will happen, and this will happen just weeks or even days from now.

I think beyond that will resist the Bitcoin price and that's not impossible.
The resistance of $25k isn't impossible and I think even $30k with is this year.  
There's various good news that happened around and I think that is the reason why it keeps resisting the price.

It's normal for people to predict a higher amount when seeing the market is green and when it's red, it's expecting someone to ask the button line.  It's a human instinct.

Why should everyone have a priority and why should everyone even have a plan on doing something if it hits $25k?
Other than being a round number it means close to nothing, you can draw no matter what liens you want on a chart, the rocket right now is not fueled by anything other than external news and hopes of recovering, there is nothing essential that has changed at the core.

Grab a seat, a bucket of popcorn and enjoy the show, you might try to get some profits and miss a real fomo bull run because of it.


Leaving these guys aside, the change from pessimism to optimism is easy to understand.
We had a flurry of good news lately, inflation cooling of, the US avoiding recession and posting solid growth, Europe navigating away from troubles, Chian reopening, so the whole economy is set to try to get back to normal, everyone is expecting positive things from the FED rates, so optimism is perfectly normal, some more good news at the end of this trimester and we could probably go back to pre-war levels faster than anyone could have expected.

I think the next jump could be a larger one. Sure, we have to grind to $25K on the way up, but I don’t see the rally stopping there. When $25K is hit/breached, I think there is a strong chance that it blows straight to $30K. I think the lack of a pullback after this last major jump is evidence that accumulation is still happening and a further increase in price seems highly likely.

I don't think that's very strange . Most users here ride the waves, and get a little bit too emotional. I can't blame them, I mean there was a time where I was obsessed with the price of Bitcoin, and now I rarely check it. I like speculation, and talking about why x happens, but more on the political side rather than looking at charts.

Very common behaviour. Users think they're missing out on the bottom once things start to improve, and try to cut their losses. Unfortunately, this sort of reaction is how users tend to lose money. Since, when it starts dropping they have the same sort of reaction.

One of the main hindrance on why people cant make out such decision is that they dont know on whats the bottom and we would be always thinking about price reversal or correction which is inevitable could really

be happening and this is why we do put up into our minds that it would be better to make yourself able to get in on cheapest price as possible and this is what we do mainly thinking on.

25k isnt really too far off but it isnt something a price that could easily be break with but as we do all know that it would really be depending or varying on the demand
as always.

It's a funny thing that predictions change with the mood of the people who make them. When people see constant red on their charts they tend to predict red, when the y see a lot of green, they predict green and there's always a small period of denial in between.
When the price was at 16k they were predicting 12 even 10k. When it broke up to 20k they were in denial for some time saying that it must be a fakeout and we're going back to 17k, but now many analysts change into bulls saying that 25k is next. Sometimes I read them for fun, but 99% of them suck at predicting the price.

IMO 25k is not really a resistance. It was never a significant level both on the way up and down. It was never defended for a long time and it didn't have a lot of volume. 29-30k is much more important. Everything below 30k should be considered a depression and undervaluation.

$25k is not a high bar, but it does not only depend on the availability of buyers. While there would always be buyers, there would also always be panic sellers who would dip the price and cause a price reversal.
If you are not bothered about the short term activity in the market then you can comfortably buy cheap and hodl.

- Jay -

actually, $25k is indeed not a very high prediction for btc market considering the current market movement. so yes, the possibility is high. there will always be buyers because there are people who strongly believe on this market's future. so for them, it is a good opportunity to accumulate more while others are selling it at cheap prices.

Most fear and greed indexes I have stumbled on are suggesting we are still in the neutral zone and traders are undecided about whether we are out of the waters yet or not.

In addition, no matter how low the price drops, there would always be traders who would want to buy at lower levels. I doubt they have any real intentions to buy, but just enjoy seeing the price drop cause they do not hold any.

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$25k in the next couple of weeks is a reasonable price range, we just have to see how much growth above that can be sustained.

- Jay -

I think it's not the question of how, but when?

We have seen tremendous growth in the last 2 months, and now the price is over $23k and if this so called mini bull run can be sustained so definitely $25k could be broken in about 2 weeks to a month, give and take.

But if there is a negative news that will hurt the market, then obviously, we will have another correction, sub $20k again and then sideways.

So let's see how everything goes specially at the end of the month. Just interesting to read though: History Says the Fed Will Pivot in February, Ending the Bear Market.

It is strange to see that all the negativity that was in the previous two weeks, which indicated that more people were waiting for the price to reach the levels of 10K, is now turning into positive and expectations to reach the levels of 40k, and the strange thing is that the individuals who were waiting to buy at 10 thousand dollars did not They want to buy at $16,000 levels, now they are ready to pay $25,000.

Away from technical analysis, we have risen significantly during the previous days, and therefore, for a healthy growth, we need some correction at levels near $20,000.

I don't think that 25k is that strong resistance to hold for 6 months. We dumped from 69k to 15k. >600 days in bear market. We are going almost only south for last 400+ days. Recent push did not even hit a 0.236 FIB level from top to bottom of current bear market, its not even close (>28k).

I think that strong short term recovery is what we are about to see now. 2-3 months of going up only. Maybe 30k will stop us, maybe 35. Even 40k is possible. Fear/greed index is in neutral right now ... after a year of extreme fear and few days of fear. there is a lot of power that waits. there are a lot of people that were waiting for first sign of reversal. there are many people that wanted to buy but were waiting for another leg down below 15k. Most of them will fomo in above 25k. Market needs to see a greed now. I predict something like in 2019 when trend reversed for the first time. 4 months of epic push to north. First month is just about to end. 2-3 behind us.

Bitcoin consolidation is going to complete soon.
Next target appears at $25,000 soon.

Cryptocurrency market appears stable in terms of higher price fluctuation. On the other hand, global markets are losing nowadays. Short-tempered speculators are getting confused for now and waiting for the same directional momentum of all markers.

https://in.tradingview.com/chart/bF9MG0OF/

Largest cryptocurrency Bitcoin is going to expand the current value rapidly over the barriers investors are looking forwards to $24K before achieving the 6 months top of $25K. This is the time to explore the upwards journey after a plunge.

Typically, after the new year journey, Bitcoin valuation increases along with consolidation phase in a box pattern (below the chart). On a hourly graph, price action made consolidation phase twice in past few days before significant bullish spike.

At the time, Bitcoin BTC price is close to the upper range of the box, which means get ready for another hike towards $24K (immediate resistance) and next 6 month’s vital barrier of $25K. Volume is emerging gradually and here bullish scope exists as liquidity is sufficient to take a bullish call.

What is the first priority?

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.