Bitcoin Price Predictions? - page 2.

Hallroom

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Quote from: Altamash Hasad on March 29, 2023, 04:18:29 PM

The market changes so quickly, it won't wait for us to come to invest. The lowest price after the bullrun was (±) $16,600 on January 4, 2023. And the current price has reached (±) $28,387. According to my predictions, by April 2023 the Bitcoin price could reach (±) $35,000.
If April 2023 the Bitcoin price can reach $35,000, then it is very likely that a bullrun will occur in April 2024.

What do you think about this?

Bitcoin price is increasing very fast. A few days ago the price of Bitcoin had a long position of 28k but has already settled at 30.5k. But from there the price has been dumped and has returned to its previous position. However, the price of Bitcoin will move towards a bull market very quickly.

yudi09

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Quote from: Falconer on April 11, 2023, 01:28:33 PM

To be honest I was wrong with my previous assumption where I doubted $30k in April, which was the opposite case where $30k was successfully pushed earlier this week. Of course I'm happy with the price recovery that occurred in the last 3 months, it has made my investment portfolio better after a year before being on the floor, oh but maybe it's not the time to have fun yet.

This means that April was able to be at the level of $ 30k even though the movement occurred suddenly. The name of speculation can still be missed.
If we look at the price chart in 90 days or so
or for three months starting January, the chart is pretty convincing starting at $ 17 slowly rising and falling until it arrives at $30+k.

Quote from: Falconer on April 11, 2023, 01:28:33 PM

Looking ahead I can really expect this recovery to continue and the price to hit the next resistance. $32k to $35k is possible next target if price manages to hold above $30k for some time to come.

Agreed. With about 2 more weeks of April remaining, hopes of closing above $30k is much to be desired.

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Quote from: 19Nov16 on April 11, 2023, 10:12:57 AM

Today is going to be a great start because after almost a year the price crash is now back to $30k, i'm sure a bull run will happen soon so that makes us keep buying before we get to a higher price, the indications of a bull run are getting real so don't hesitate to hurry up buy.

I don't know if the bull-run will be quick but yesterday's pushing surprised me a lot, just around one hour bitcoin got out of the 28k range and entered the 29k range and within a few hours it touched 30k again. However, ten months later Bitcoin made a very strong return to 30K. I don't know if it's going to be a bull trap but today's turning looks like it's going to cross the 30k range soon. Hopefully it will make a good push back by creating a strong resistance in the meantime. I think our cheers time is slowly coming back

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Quote from: 19Nov16 on April 11, 2023, 10:12:57 AM

Today is going to be a great start because after almost a year the price crash is now back to $30k, i'm sure a bull run will happen soon so that makes us keep buying before we get to a higher price, the indications of a bull run are getting real so don't hesitate to hurry up buy.

I was surprised to see that the price of bitcoin broke through the 30k resistance level so easily, in fact we were having problems leaving 28k behind and suddenly 30k became a reality overnight, I am not so sure if this is just the volatility of the market which is taking action or if something happened during the previous hours which made the market to gain to demand necessary to reach such a high price, but regardless of the answer I am happy we are once again above this level.

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Quote from: yudi09 on April 11, 2023, 09:00:08 AM

Quote from: Falconer on April 09, 2023, 02:51:06 PM

I'm not sure if $30k will be hit in April, but of course it's very possible during the market recovery. There is only one belief that the bears are over at the moment, so I definitely expect the bulls to be able to move forward in the near future.

Bearish is over? Maybe yes because the current market price for Bitcoin in the course of the second week of April has reached $30k from a price of $28k. But we can't say for sure that the bearishness is over for sure.
A very visible increase in how the graph changed from horizontal to upward occurred yesterday.

Sometimes we don't need to worry a lot about Bitcoin about the price choosing long term even though the initial April market price situation had a little difficulty moving up.

To be honest I was wrong with my previous assumption where I doubted $30k in April, which was the opposite case where $30k was successfully pushed earlier this week. Of course I'm happy with the price recovery that occurred in the last 3 months, it has made my investment portfolio better after a year before being on the floor, oh but maybe it's not the time to have fun yet.

Looking ahead I can really expect this recovery to continue and the price to hit the next resistance. $32k to $35k is possible next target if price manages to hold above $30k for some time to come.

19Nov16

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Today is going to be a great start because after almost a year the price crash is now back to $30k, i'm sure a bull run will happen soon so that makes us keep buying before we get to a higher price, the indications of a bull run are getting real so don't hesitate to hurry up buy.

imamusma

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Quote from: dansus021 on April 11, 2023, 02:41:16 AM

Guys lets stop at the moment and enjoy the profit today Bitcoin Mark 30K or at least we need to stay this way to continue the bull run till end of the year.

It's fine to take profits now if you're really sure you want to sell. I tend to be able to wait the next few months and see how the price develops, I think it is very likely that the price will continue to be pushed up regardless of the current economic conditions. Of course it's great to get return if you invested at the lowest price in the last year, but consider holding it longer as I think higher upside potential is very likely.

Quote from: dansus021 on April 11, 2023, 02:41:16 AM

Some members here share about bitcoin halving and yes usually after halving at least need ~ 5 months to 1 year gonna see new ATH.

I'm not too sure when ATH will form after the halving, but what is clear is that you need to own bitcoin before the halving to get decent returns after. ATH could be hit after 6-12 months after the halving, that's very dicey in my opinion.

yudi09

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Quote from: Falconer on April 09, 2023, 02:51:06 PM

I'm not sure if $30k will be hit in April, but of course it's very possible during the market recovery. There is only one belief that the bears are over at the moment, so I definitely expect the bulls to be able to move forward in the near future.

Bearish is over? Maybe yes because the current market price for Bitcoin in the course of the second week of April has reached $30k from a price of $28k. But we can't say for sure that the bearishness is over for sure.
A very visible increase in how the graph changed from horizontal to upward occurred yesterday.

Sometimes we don't need to worry a lot about Bitcoin about the price choosing long term even though the initial April market price situation had a little difficulty moving up.

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Quote from: dansus021 on April 11, 2023, 02:41:16 AM

Guys lets stop at the moment and enjoy the profit today Bitcoin Mark 30K or at least we need to stay this way to continue the bull run till end of the year.

Some members here share about bitcoin halving and yes usually after halving at least need ~ 5 months to 1 year gonna see new ATH.

What do you mean stop at the moment and enjoy the profit? Do you mean to sell and take profit? To each his own, but this $30,000 mark being achieved is not really a big deal to me. There is no stopping now, especially not with Bitcoin only reaching $30,000. Will there be a correction that will follow shortly, I don't know. It is possible. But I'd rather not sell and enjoy my profit. I'm in this for the long term. If I sell now, am I certain that I will be able to buy back at a lower price? No. I might end up buying back at $32,000 or $33,000. I continue to hodl.

monineklutak

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Quote from: dansus021 on April 11, 2023, 02:41:16 AM

Guys lets stop at the moment and enjoy the profit today Bitcoin Mark 30K or at least we need to stay this way to continue the bull run till end of the year.

Some members here share about bitcoin halving and yes usually after halving at least need ~ 5 months to 1 year gonna see new ATH.

yes finally Bitcoin can reach $ 30k again and if this price can stay above $ 30k then there is a possibility to continue the bullish trend until maybe $ 35k or even $ 40k,
but we also have to prepare a strategy if the market is really unfriendly, don't be too greedy and buy gradually if the Bitcoin price corrects again.

dansus021

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Guys lets stop at the moment and enjoy the profit today Bitcoin Mark 30K or at least we need to stay this way to continue the bull run till end of the year.

Some members here share about bitcoin halving and yes usually after halving at least need ~ 5 months to 1 year gonna see new ATH.

doomloop

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Quote from: South Park on April 09, 2023, 01:54:01 PM

The truth is that since March 18th bitcoin has not presented a big movement and it has been ranging during the previous 4 weeks, something not very surprising if you ask me as the halving is still far away but at the same time we seem to be out of the bear market too, and with this in mind it is possible we are going to see months of not much movement and we will have to wait until an external factor destabilizes the situation and forces the market to go in one direction or the other.

You are right and almost everyone was expecting that at least in the first week of the month it will at least touch $30k and after that, it might drop again, but as we have seen, the price has been stable at around $28k and has been going up and down every now and then, but hasn't shown any stable growth to be honest.

Even after that, speculators are still positive that the price will surge above $30k within April, and it might be true but we never know, if there is some bad news that causes further FUD in the market we might even see another significant drop.

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Quote from: Altamash Hasad on March 29, 2023, 04:18:29 PM

If April 2023 the Bitcoin price can reach $35,000, then it is very likely that a bullrun will occur in April 2024.

What do you think about this?

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Bitcoin price will increase but not very fast. Each month will increase by a small amount in 2023 as the bitcoin halving clock and chart point to 2024. It is certain that this year 2024 will be Bitcoin halving because the few halvings that happened in the past like 2012, 2016, 2020, these three Bitcoin halvings happened at the right time. My long-term belief is that Bitcoin Halving will continue in 2024 as its beginnings are already being felt.
Bitcoin is minted every four years according to this four year cycle with the year 2024 indicated. And the next halving will happen in 2028 and the price of Bitcoin will increase during this halving.

Baoo

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In my opinion, it’s not guaranteed and expected to see a new bull run once Bitcoin breaks $30K and it might take weeks to reach this price. Unfortunately, the current market’s condition is disappointing, we don’t even know what’s going to happen in the near future. Otherwise, I have seen a lot of people or crypto users who gave unreasonable predictions such as Bitcoin will hit $40k in next few weeks, I admit with the importance of optimism but not in all situations or ways, we have to be logical sometimes.

Moreover, I am pretty that Bitcoin will reach ATH again, probably after the halving event in 2024, it is going to reach 69k for the second time . It means we should HODL as much as possible, and to be honest this is one of the best times to buy or invest in Bitcoin due to the current price is still under $30k.

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Quote from: MoonOfLife on April 08, 2023, 04:28:07 AM

Quote from: JoyMarsha on April 06, 2023, 05:03:11 PM

If the price of bitcoin rises to $35k, I don't think the bull run will officially start at that point. The bull run I'm anticipating will happen next year, not this year.

This year is for accumulating up bitcoin until the following year. Expect nothing extraordinary when the price of bitcoin reaches $35,000 this month(April). If only it should.

Let's wait until the price of bitcoin reaches $30k before discussing what will happen next and whether the market will turn bullish or remain bearish.

The real bull run will usually come some time after the halving happens, usually a year later. So I expect it to happen in early 2025 which will be more realistic. This year bitcoin has recovered, but even if it rises to $50k, I still don't believe we will enter a bull season. Although the unexpected can happen, but with the unstable economic situation, I think it is hard to expect a surprise.

Yes, we could move up a little higher however might set a bull trap for two main reasons.
1. Dollar is currently bearish near-term but sets a bullish perspective long term. This sets a Risk off condition in the market. When dollar is going higher, bitcoin and other assets are going lower. vice versa. This means that in short term, bitcoin could rally but still prone to another drop lower.

2. Seasonal Tendencies. Assets and Indices tend to go lower every April up to mid of July then consolidate every August before starting a rally higher until December. Currently in market condition, we're still in bearish conditions. Find where is liquidity. Get in lined with the institutions.

Do not buy to the misconception of market bullrun and short term run higher.
Trends are relative to the timeframe you're observing. It could be a +3% rally higher in daily basis but only serves as a retracement higher from a very big -45% fall in a weekly/monthly perspective.

Broaden your view. Reserve your tether. Prepare for the real run.

Falconer

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Quote from: Altamash Hasad on April 09, 2023, 01:16:54 PM

Bitcoin price was last pumping $28k+, and the exchange has only been surprised with small dumps these days. The red chart is not serious, the price drop is between $1k. That's not a huge number for Bitcoin. Now it's April, at the end of the month the price of Bitcoin will be pumped even though it's not what we targeted. It also has a lot to do with what MicroStrategy does.

I don't expect you to always think that only institutional investors can drive up prices, while traders and retail investors also have a role to play in this case. The price tends to be difficult to reach $ 30k because lately there is more selling than buying interest, but of course that does not necessarily make the price fall.

I'm not sure if $30k will be hit in April, but of course it's very possible during the market recovery. There is only one belief that the bears are over at the moment, so I definitely expect the bulls to be able to move forward in the near future.

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Quote from: bounceback on April 08, 2023, 08:15:42 AM

Quote from: Altamash Hasad on March 29, 2023, 04:18:29 PM

The market changes so quickly, it won't wait for us to come to invest. The lowest price after the bullrun was (±) $16,600 on January 4, 2023. And the current price has reached (±) $28,387. According to my predictions, by April 2023 the Bitcoin price could reach (±) $35,000.
If April 2023 the Bitcoin price can reach $35,000, then it is very likely that a bullrun will occur in April 2024.

What do you think about this?

Since entering April bitcoin has only been able to hold its price in the $28k area and seems to be having a bit of trouble heading into the $35k area, although during its recent bull run bitcoin has tried several times to head into the area but has only been able to stand at the $29k level in a short time and after that it fell again to the $28k area so I think if this month there is no positive news for bitcoin maybe we won't be able to see the price of bitcoin increase to $35k this month.
2024 is the year of the bitcoin halving so there is a possibility that when this event is near it will make the market enter a bullish period.

The truth is that since March 18th bitcoin has not presented a big movement and it has been ranging during the previous 4 weeks, something not very surprising if you ask me as the halving is still far away but at the same time we seem to be out of the bear market too, and with this in mind it is possible we are going to see months of not much movement and we will have to wait until an external factor destabilizes the situation and forces the market to go in one direction or the other.

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Quote from: DeathAngel on March 30, 2023, 04:19:03 PM

$35000 in April would be great, it feels like a long time since the spot price was at $35000. We have a lot of issues in the banking system right now so there is always the chance of contagion which spills over into risk on assets. Hopefully the worst is over & we don’t head into a recession, bitcoin can then thrive & rally towards the halving. Short term though, $35000 would be sweet.

Bitcoin price was last pumping $28k+, and the exchange has only been surprised with small dumps these days. The red chart is not serious, the price drop is between $1k. That's not a huge number for Bitcoin. Now it's April, at the end of the month the price of Bitcoin will be pumped even though it's not what we targeted. It also has a lot to do with what MicroStrategy does.

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Quote from: Altamash Hasad on March 29, 2023, 04:18:29 PM

The market changes so quickly, it won't wait for us to come to invest. The lowest price after the bullrun was (±) $16,600 on January 4, 2023. And the current price has reached (±) $28,387. According to my predictions, by April 2023 the Bitcoin price could reach (±) $35,000.
If April 2023 the Bitcoin price can reach $35,000, then it is very likely that a bullrun will occur in April 2024.

What do you think about this?

Since entering April bitcoin has only been able to hold its price in the $28k area and seems to be having a bit of trouble heading into the $35k area, although during its recent bull run bitcoin has tried several times to head into the area but has only been able to stand at the $29k level in a short time and after that it fell again to the $28k area so I think if this month there is no positive news for bitcoin maybe we won't be able to see the price of bitcoin increase to $35k this month.
2024 is the year of the bitcoin halving so there is a possibility that when this event is near it will make the market enter a bullish period.

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Quote from: Silberman on April 07, 2023, 02:42:25 PM

Quote from: fuguebtc on April 07, 2023, 07:35:05 AM

Quote from: inthelongrun on April 06, 2023, 11:58:32 PM

If bitcoin reaches $35k within this month, I am still doubtful that it starts the real bull run that everyone is anticipating. There will be corrections all the way. Bitcoin may reach $45k this year but I am not sure if it can stay that high. I am more confident that a bull run occurs next year due to bitcoin halving. Now I will just continue my DCA. I still think that $20k is possible in the next months to come depending on how high bitcoin will pump this year. If bitcoin can reach $35k this month, the correction might happen in the following month at $25k something.

That's true, instead of setting too many expectations this year, we should take advantage of the DCA time when the bitcoin price is still cheap and better prepare for the next bull season. Whether bitcoin hits $30k or $35k is no guarantee that the bear season will end and the bull season will come. On the contrary, that will hinder those still trying to accumulate for the next bull season. I like bitcoin where it is, or better, it can drop below 20k, what I want is to own as many bitcoins as possible before 2025.

Another drop to 20k seems to be unlikely at the moment, most likely we could see one where the price reached 25k and that is worst scenario possible, so with this in mind it does not make too much of a difference to buy now or to buy when that price was reached, but buying now has the advantage that if for some reason the price presented an even bigger recovery you will be able to enjoy the benefits of that growth while waiting will deny you those benefits.

I know it's tough for bitcoin to drop below $20k again, but hard doesn't mean there's no chance for it to happen. I'm still waiting for it, but I won't wait without action, I still buy whenever I have money regardless of bitcoin price. As long as bitcoin price is below the old ATH, we should buy when possible, maybe the profit will not be equal when compared to buying lower. But that ensures we won't miss any opportunities as bitcoin recovers, and a rally from here is still possible.

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