Bitcoin Price Predictions? - page 3.

Xcode7

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Quote from: MoonOfLife on April 08, 2023, 05:28:07 AM

Quote from: JoyMarsha on April 06, 2023, 06:03:11 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.

many predict that this will happen in the next year or 2025 but as you said with the uncertain economic situation and global issues so it is difficult for surprises to occur now, I agree with this but I only focus on the price of Bitcoin now I think the trend is good happened at the beginning of this year and even now even though there has been a slight price correction, overall the price of Bitcoin continues to increase slowly.
however, I don't think there will be a big spike that will occur this April, I think the trend of price movements that occur without any significant changes continues and continues.

MoonOfLife

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Quote from: JoyMarsha on April 06, 2023, 06:03:11 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.

justdimin

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Quote from: fuguebtc on April 07, 2023, 08:35:05 AM

Quote from: inthelongrun on April 07, 2023, 12:58:32 AM

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.

That would be the smart way of making money, slow and steady wins the race remember that. If we rush into anything then we would lose money, but if we know the fact that bitcoin would go up eventually that means that we could keep on buying bitcoin even if it goes above 30k and just keep on buying it for as long as we can with the money we have, that would be something a lot of people would be happy with as well.

I just keep on buying when I can afford to buy, sometimes I can't, but whenever I do, I just end up putting that aside and make a profit with that, it's just the way it should be approached if you ask me. I know many people are uncertain about the future, but I do not feel that way about bitcoin.

Silberman

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Quote from: fuguebtc on April 07, 2023, 08:35:05 AM

Quote from: inthelongrun on April 07, 2023, 12:58:32 AM

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.

dragonvslinux

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Quote from: Bitcoin_people on April 07, 2023, 11:24:14 AM

Quote from: Altamash Hasad on March 29, 2023, 05:18:29 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?

The rate at which the price of Bitcoin is increasing in April 2023 I think the highs could be between $30k/$32k. The market is currently around $27800+. and I think the Bitcoin market will grow exponentially when it turns into a bull market. In this situation, it is not possible to say how much the market will grow, but it is true that the price of Bitcoin will reach $100,000 in 2024.

With the consolidation below resistance into it's third week it does look increasingly likely to test the resistance level around $30K/32K as you say. Also agree with OP that if price can get to around $35K, ie above previous support, then there is a good chance of a sort of mini-bull market / bear market recovery similar to 2019. At the moment, getting to previous support is not much more than a bear market rally so far.

Bitcoin_people

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Quote from: Altamash Hasad on March 29, 2023, 05:18:29 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?

The rate at which the price of Bitcoin is increasing in April 2023 I think the highs could be between $30k/$32k. The market is currently around $27800+. and I think the Bitcoin market will grow exponentially when it turns into a bull market. In this situation, it is not possible to say how much the market will grow, but it is true that the price of Bitcoin will reach $100,000 in 2024.

fuguebtc

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Quote from: inthelongrun on April 07, 2023, 12:58:32 AM

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.

CageMabok

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Quote from: Kodok Bencot on April 06, 2023, 11:29:03 PM

Looking at current market developments I believe that April will be the start of a bull run, currently the price is around $28500 and it takes about 5% increase to reach $30k, if the price of $30k has been reached then there will be a higher increase than before, I predict April prices can be as high as $40k.

Don't make an estimate that is too high first, if you still have to struggle to reach $ 30K because at this time I see Bitcoin is defending itself in the $ 28K range and even for the current price it is already below $ 28K. So no need to make too high a prediction even though it might one day be reached but at least for now everyone needs to see if Bitcoin can pass $30K in April before heading to the price you say it is.

btc_angela

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Quote from: inthelongrun on April 07, 2023, 12:58:32 AM

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.

And yet we are having a difficult time to even breach $30k this April. So in my humble opinion, I'm not seeing a $35k bounce for this month. Maybe we are already in the overbought zone or bulls are exhausted. Either way, as you have said, not yet the bull run that we all expecting for this year. It might be just the bounce that we all been waiting since the FTX collapse that pushes the price at $15,500 all time high.

So just continue what you have been doing, as I also do DCA or just bought when I have the money. There's nothing great seeing our investment grow from today till the next bull run. Slow but consistent investing is the name of the game here.

Ayebabara

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The uncertainty price of bitcoin makes users to invest fast whenever it is at it bearish level. When bitcoin was in $16k people were planning to buy it when it is lower than that eventually bitcoin came to the level of $15k but it was not long when bitcoin left the 15$ price and must people could not buy it until bitcoin climb up again in the month of January 2023. For now the price is wavering between 27$ and 28$. The market is some how stable for now but it might rise up later in the month.

irhact

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Quote from: Franctoshi on April 04, 2023, 04:31:39 AM

Today marks the 18th number of days that Bitcoin has spent consolidating between the price range of $26-$29k, and the last time that this happened was between the end of January and towards the beginning of February, while on the 19th -20 days Bitcoin got a breakout, so if this should be applied to the current market situation , I believe that a break out of this range is imminent and could happen towards the end of the week. We still haven't touched the $30k, we also have not revisited $25k-$24.5k level ,these are two areas to watch for buyers who wants to step into the market.

I won't want Bitcoin to touch $30k at the moment because the market is looking weak in my opinion, if that price get touch we could experience a correction immediately that'll take us back to the $25.5k. Many traders and investors that bought during the last dip would be looking to sell at $30k which will be a problems because there'll be selling pressure on that price.

The market needs some positive news to maintain the $30k price. Only a breakout can't keep the price of Bitcoin above $30k and we still have lots of week before the years end for we to enter the halving years that Bitcoin starts getting more attention because of investors expecting the pre halving pump.

Poker Player

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Quote from: Altamash Hasad on March 29, 2023, 05:18:29 PM

According to my predictions, by April 2023 the Bitcoin price could reach (±) $35,000.

Let me guess, your predictions are based on a hunch, right?

Quote from: Altamash Hasad on March 29, 2023, 05:18:29 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?

What I think is that the conclusion you draw does not follow from the premise.

Quote from: TravelMug on April 07, 2023, 12:15:37 AM

I think the bull run that we are expecting is next year, after the halving. Because that is the catalyst for the massive and parabolic growth. Yes, we are up like 70% from last year, but it doesn't mean that we are officially in the bull run.

This. This would be logical assuming that the next post-halving cycle the price will behave as in previous cycles. There is no 100% guarantee, but we have no a priori reason to believe that this will not be the case.

inthelongrun

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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.

TravelMug

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Quote from: JoyMarsha on April 06, 2023, 06:03:11 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.

I think the bull run that we are expecting is next year, after the halving. Because that is the catalyst for the massive and parabolic growth. Yes, we are up like 70% from last year, but it doesn't mean that we are officially in the bull run.

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

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.

True, this is still the accumulation phase, although the price is above $20k now, but if we are going to see like a huge run next year to 6 digits then this price is still a good entry point from of all us. Still cheap when we look back, just like when $4k was available to us in 2020.

Kodok Bencot

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Looking at current market developments I believe that April will be the start of a bull run, currently the price is around $28500 and it takes about 5% increase to reach $30k, if the price of $30k has been reached then there will be a higher increase than before, I predict April prices can be as high as $40k.

Hamphser

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Quote from: DiMarxist on April 06, 2023, 07:31:04 PM

Quote from: JoyMarsha on April 06, 2023, 06:03:11 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.

Bitcoin price is unpredictable this prediction of bitcoin is challenging,Not the best one and we're not sure about it, who knows if the next bull run won't break the last ATH? We can't predict what happen next, the present prise of bitcoin is just a sort of speculation, I would have said maybe April will come with a big correction, but let me predict at least #30k this month,but Currently the price of bitcoin is only moving at $28k and $27k if the price of bitcoin reach $30k this month there is a possibility that bitcoin will reach a price of $35-$40.

This is why i do divide out my balance and investment which are allocated for short term duration and long term ones when it comes to accumulation specially with Bitcoin. Its true that this market is really that truly

unpredictable and there's no way that it would really be able to predict out on where it would be going.This is why traders and investors would really be making use of that common way which is on TA and FA.
We could point out certain directions but all of those things are indeed that assumptions which it doesnt really give out assurance but at least we do apply some analysis with our investment decisions.

We do have our own approaches and engagement in this market which is something that do vary on each person.

DiMarxist

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Quote from: JoyMarsha on April 06, 2023, 06:03:11 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.

Bitcoin price is unpredictable this prediction of bitcoin is challenging,Not the best one and we're not sure about it, who knows if the next bull run won't break the last ATH? We can't predict what happen next, the present prise of bitcoin is just a sort of speculation, I would have said maybe April will come with a big correction, but let me predict at least #30k this month,but Currently the price of bitcoin is only moving at $28k and $27k if the price of bitcoin reach $30k this month there is a possibility that bitcoin will reach a price of $35-$40.

JoyMarsha

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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.

beerlover

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Quote from: Franctoshi on April 04, 2023, 04:31:39 AM

Today marks the 18th number of days that Bitcoin has spent consolidating between the price range of $26-$29k, and the last time that this happened was between the end of January and towards the beginning of February, while on the 19th -20 days Bitcoin got a breakout, so if this should be applied to the current market situation , I believe that a break out of this range is imminent and could happen towards the end of the week. We still haven't touched the $30k, we also have not revisited $25k-$24.5k level ,these are two areas to watch for buyers who wants to step into the market.

I would guess that I am sure it could end up being over 30k with the new breakout and make a new bottom. The support will put all the money in there, making sure that it doesn't go under 30k ever again, or at least if it tries to, make it hard to go under that price and that's an important thing. It is not going to be easy and all but it could happen and that's why we should be investing into something that is a bit more profitable if we ever do that.

This is why I am in belief that breakout will happen this month in April, don't know if it will be this week or next, but this month, and then we won't go under 30k ever again for a long time, maybe even ever.

Wong Gendheng

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The difficult thing is predicting the price of bitcoin because many things are often different, for example some time ago the USA government sold bitcoin stock and many were afraid because it would make the market red, but what happened the market seemed normal and did not change.

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