Bitcoin is on the Verge To Slice Through $30,000 - page 3.

ilovealtcoins

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Quote from: EarnOnVictor on December 16, 2022, 04:12:02 AM

Regardless, I conclude by my analysis that BTC has bottomed already, I don't see it breaking $15,000 any time soon, and it might reach as high as $35,000 in 2023.

I have the opposite analysis, we haven't bottomed yet and even bitcoin will fall even further in 2023. As the world economy is still very volatile and we are still in a 4-year cycle, expecting bitcoin to increase in price in 2023 is far from reality. bitcoin will drop below 12k in 2023 until the end of 2023 we could see bitcoin start to recover.

redsun114

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Quote from: Yaunfitda on December 16, 2022, 06:05:59 AM

Near future? when it that? 2023 or 2024?

Definitely if we get to 2024 then maybe we will see the price to $30k, however, we might be in the bull run that time so that price range is possible.

But if he is talking about 2023? I doubt that we can get to $30k because the sentiments is still negative. Haven't you seen the price, we have reach $18k++ but then suddenly the price goes down < $17k.

Maybe in 2023. I wouldn't consider it this year because we are already ending it but there are some predictions who are specific and is pointing out about this month of December. $30k was only small in my opinion so it won't take 2024 to be able to see this but maybe we can achieve this in the early quarter of 2023.

2024 is the halving time for BTC and everyone is expecting a massive gain during that time. I think BTC is already over $69k once we get there. We reached $18k last time and it wasn't far from $17k so obviously, it will always fall back there, if there are no positive movements. It's not a big loss. Price can fall but it doesn't mean it will never recover again.

Yaunfitda

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Near future? when it that? 2023 or 2024?

Definitely if we get to 2024 then maybe we will see the price to $30k, however, we might be in the bull run that time so that price range is possible.

But if he is talking about 2023? I doubt that we can get to $30k because the sentiments is still negative. Haven't you seen the price, we have reach $18k++ but then suddenly the price goes down < $17k.

Broadanbig

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Quote from: Pam beasely on December 16, 2022, 02:15:24 AM

After retaining a extremely good upswing during the previous day’s trade, the Bitcoin rate corrects itself barely by means of dropping with the aid of more than 4%. While the buying and selling extent remains rather high, the possibility of mounted selling pressure over the token since the early training hours.

BTC Price Prediction

The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.

Sources - https://www.youtube.com/watch?v=7u_ylhYcvdA and https://coinpedia.org/price-prediction/bitcoin-price-prediction/

Will BTC close to monthly trade on a bearish note?

I strongly believe all these are just speculations as no one can predict easily the next move of btc in a short time. Anything can happen in-between that can cause a sudden drastic upward or downward change in trend. Do not forget that there has been a lot that happened of lately which also affected the market significantly. These happenings that effected the market were all unforeseen by these spectators so tell me how were they able to speculate or rather predict the price of btc in a short while

Nrcewker

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Predictions are not accurate as we know. So anything can really happen. And to be honest, as this thing is really trending everywhere, so this will ultimately lead to the price rise of Bitcoins. It’s already seen that Bitcoins are moving up in their prices when December started. If it keeps the same pace and ends at December, then definitely new year will be really big for Bitcoins and all the Bitcoin holders. Let’s hope for the best and buy as many Bitcoins as we can in this bear time, and let’s wait for new year.

hugeblack

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I remember that the price faced violent resistance before the levels of 24K, and therefore it is difficult to break it in the current market conditions, and if it succeeds, the historical support level at 28K will turn into resistance levels that are difficult to break.

Therefore, it is difficult during the next year for us to return to those levels, but the price may try to stay near the $28,000 levels, especially with the recent inflation data.

goldkingcoiner

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A Bitcoiner chooses. A slave obeys.

Quote from: Pam beasely on December 16, 2022, 02:15:24 AM

After retaining a extremely good upswing during the previous day’s trade, the Bitcoin rate corrects itself barely by means of dropping with the aid of more than 4%. While the buying and selling extent remains rather high, the possibility of mounted selling pressure over the token since the early training hours.

BTC Price Prediction

The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.

Sources - https://www.youtube.com/watch?v=7u_ylhYcvdA and https://coinpedia.org/price-prediction/bitcoin-price-prediction/

Will BTC close to monthly trade on a bearish note?

You know there is a place in this forum where you can make speculations about Bitcoin price... It is a sub-forum called Speculation - https://bitcointalk.org/index.php?board=57.0

feel free to post your price speculations there. Although without a more in depth analysis explanation I doubt that anybody will take your prediction very seriously. I would recommend you add charts and serious sources as well as explaining your logic in a more detailed fashion.

Having said that, I strongly believe that Bitcoin will be over 100k in the near future. A lot of people here think the same and they have even provided reasons why it will be so. My favorite chart which points towards 100k is the logarithmic chart.

EarnOnVictor

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This topic would have best fit under 'speculation' as it's a theoretical prediction on what BTC would do. Many theorists are out there and would say one thing or the other about BTC, one should only be careful and perform their own studies regularly too. And based on my trading experience, what Micheal van de Poppe relies on is a swing cycle on a certain higher chart, and it often works.

Regardless, I conclude by my analysis that BTC has bottomed already, I don't see it breaking $15,000 any time soon, and it might reach as high as $35,000 in 2023.

mk4

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Seems like a pipe dream, but I long for the day that people finally stop taking these aNaLYsTs seriously. They don't know crap — because no one knows crap what's going to happen.

DapanasFruit

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In my own opinion, we are experiencing right now the resiliency of Bitcoin despite the many negative developments that happened, happening and can happen with the cryptocurrency industry. BTC has proven to be an insulator in itself. And I think that it is good...as if it is setting up or laying the ground for a near-term big pump. Yes, there is a big possibility that in the first quarter of 2023 we can see BTC crossing the $30K line, unless of course something can happen to shake the whole industry like for instance the collapse of another major crypto platform.

Pam beasely

newbie

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After retaining a extremely good upswing during the previous day’s trade, the Bitcoin rate corrects itself barely by means of dropping with the aid of more than 4%. While the buying and selling extent remains rather high, the possibility of mounted selling pressure over the token since the early training hours.

BTC Price Prediction

The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.

Sources - https://www.youtube.com/watch?v=7u_ylhYcvdA and https://coinpedia.org/price-prediction/bitcoin-price-prediction/

Will BTC close to monthly trade on a bearish note?

Topic: Bitcoin is on the Verge To Slice Through $30,000 - page 3. (Read 525 times)