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Topic: Bitcoin Price, Where Next (Read 871 times)

sr. member
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September 13, 2023, 12:34:28 PM
Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

That’s a wild prediction out of no where I must say. I mean we all know what Bitcoins are capable of, but I am saying 2025 is too far for this small price jump. Bitcoins have always followed a 4 year cycle pattern to reach the ATH price, and to be honest 2024 is the 4th year in the cycle, so definitely in 2024 Bitcoins will reach 100k usd breaking the internet. If the demand to acquire Bitcoins increases among the masses, then nothing is impossible my friend.
Numbers and speculations would really be seen everywhere since this market is always been that speculative then we could really be assuming or presuming with those numbers on which it would really be just that

normal.We know that each sentiment might really be giving out some impact or not on Bitcoins price because we know that there are some news or events doesnt really give out impact into its movement but pretty much sure that on the upcoming halving event where things starts out to uprise when it comes to this time which we have seen this on previous cycle. It is really just that people are really that too impatient.
Those bullish numbers do really give out that kind of boost up into someone knowing that we are almost that near and its not really that a bad decision making on trying out to accumulate since prices as of these
time are really that cheap.

Numbers arent known but if you are really that trying out to ensure on making profits in the future then it is really that wise on taking up such step in speaking about accumulation.
There are really people who would really be that always skeptical on this part.
copper member
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September 13, 2023, 12:23:32 PM
Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

That’s a wild prediction out of no where I must say. I mean we all know what Bitcoins are capable of, but I am saying 2025 is too far for this small price jump. Bitcoins have always followed a 4 year cycle pattern to reach the ATH price, and to be honest 2024 is the 4th year in the cycle, so definitely in 2024 Bitcoins will reach 100k usd breaking the internet. If the demand to acquire Bitcoins increases among the masses, then nothing is impossible my friend.
hero member
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August 27, 2023, 03:59:12 PM
Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/
Yeah getting stocked around the 26k region for a while points to two things according to my own analysis of the market and that is where the reality is, First is that it shows that Bitcoin prices have become more stable since it has built resistance around that price level when it market was forced down in the last couple of days back,  and the second possible guest is that,  Bitcoin is building momentum against the next big market direction.

I have been familiar with this kind of market situation a couple of times before and this is how that market behaviour works,  the price of Bitcoin will stay at a particular price for a while,  and suddenly of will take a particular direction that most speculators may not be able to understand that movement.
legendary
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August 26, 2023, 11:06:29 PM
Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/
STT
legendary
Activity: 4102
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August 26, 2023, 06:59:15 PM
Its caught near and pushed below the 8 day average currently is what I roughly call a weekly average and just above the lows of the last sell.  So it will be squashed between those two outcomes, breaking up or down also BTC just carries on sideways quite often regardless of expectations.   Exclude the higher action after March 16th and consider the highs for almost a year back to July 2022 and you have the price that must serve steady as support now or we will go lower and BTC will have to prove itself worthy vs selling at presumably much lower prices.  
  I didnt think of BTC taking up a path lower but its the charts reflecting the market action is the opinion that matters not my own bias and ideas.   I went to weekly bars and draw a line between the most common prices closing weekly in that last year and price I got in common was 24387.  Its not that far from here and I did mention 25k is the area we'd be doing battle if we slipped at prices further above and so far we're slipping.   Till we prove otherwise and find strength in a foothold, I guess we slip.  The dollar index is not resolving downwards, it continues to threaten higher.
hero member
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August 26, 2023, 06:18:49 PM
The OP asked this question/posted since june, yet we still have almost the same range now in august which means it really become stable. I don't think the barrier will break anytime soon unless some big good news happened or the other way around. But usually ber months always do the uward trend, i'm not saying it always the same, and it will be this time but i hope it will.
The reality of today market value of Bitcoin was already in my head back then when I made this thread and even up on till now the price of Bitcoin seems a lot more stable, because even though the price plumb down suddenly which was as a result of a market sentiments attack, but Bitcoin overall price movement has not changed within this period and which all points to a lot of stabilities in the market.

hero member
Activity: 2058
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August 24, 2023, 12:48:12 AM
These days certainly make a surprise for us because the price drops significantly, the current price is around $ 26K and can rise again from $ 25k, it seems like the Pope immediately acts when the price reaches $ 25k, may be a preparation before the end of the year and they immediately bought when the price is cheap , we also have to do that way, buying when it's cheap and sell at the end of the year when it is expensive.

Overnight the Bitcoin price nearly touched $27K again, but soon fell again to around $26K and is now also in that range with only a few percent change in price. A firm decision does exist and is clearly needed because any delay in buying will always be met with regret, except for those who are still willing to wait for the next drop in Bitcoin.

It's a no-brainer right now although in general you give a pretty good outlook for imagining a return on investment but I wouldn't imagine it now because the goal is to buy at the current price before Bitcoin starts to return to $30K again this year. although imagining a profit, it can motivate a person to continue buying at the current price.
sr. member
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August 23, 2023, 02:32:26 AM
this is what happens next mate https://coinmarketcap.com/currencies/bitcoin/ lowering to 26 hundred dollars , staying months in above this level but here we are again.
dumping badly for what reason ? i am still looking for answers.
I don't think the barrier will break anytime soon unless some big good news happened or the other way around.
Well, we are experiencing it now due to some news including of SpaceX selling its bitcoin holdings that cause panic sells hearing the news and is the price is dumping from 28k.
ohh now i see, i was seeking for better answer actually , thanks for the update mate , so it is Elon Musk once again?
sr. member
Activity: 1722
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August 21, 2023, 10:13:36 AM
These days certainly make a surprise for us because the price drops significantly, the current price is around $ 26K and can rise again from $ 25k, it seems like the Pope immediately acts when the price reaches $ 25k, may be a preparation before the end of the year and they immediately bought when the price is cheap , we also have to do that way, buying when it's cheap and sell at the end of the year when it is expensive.
hero member
Activity: 2058
Merit: 710
August 18, 2023, 07:32:35 AM
Compared in the past years ago the price movement these days is not too volatile as before since people are now developing AI for trading the market become less volatile unlike years ago.
I think that the development you mean can also have an effect at this time because it is part of a simple job with the aim of making it easier for traders in the market. But personally I have never used it, apart from still considering the old ways that I am currently still using, and I am sure that not too many people use it in terms of trading, although over time the usage will continue to increase.

Quote
There are many factors that affects the Bitcoin price not the technical but also news and events can change the price of Bitcoin. For now, Bitcoin price is stable at $29k and it is hard to predict if these days we can see price more than $31k unless if there is new events.
Events and news are always the main influence for the market flow and price of Bitcoin, because in the past it has happened and almost everyone has probably seen that the influence of certain events and certain big news is very obvious. And now the decline has also occurred again where the Bitcoin price is already in the $ 26K range and there is still no sign of recovery for the next range in the market.
sr. member
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August 17, 2023, 06:59:37 PM
I don't think the barrier will break anytime soon unless some big good news happened or the other way around.
Well, we are experiencing it now due to some news including of SpaceX selling its bitcoin holdings that cause panic sells hearing the news and is the price is dumping from 28k.
Well, things turns out to be shit when negative news like this comes around.  Cool

But we know that this is the best time to DCA or accumulate while Bitcoins price is already that cheap but we cant really remove into our minds that the price might shoot down even more.
Therefore, there would be always that kind of hesitance on the time that you would really be trying out to buy on this point and looking for some further possible bearish news which
we know that when it comes to fundamentals, it turns out on having that domino effect. This is why people would be always that skeptical on something like this.

Now is the best time to buy before we would be able to kick in the price in 35k but of course those are just rumors and prediction.If you could take up that risks then this is the sweet spot.
If you are holding for long term then any price wont really be an issue. For those who do plan to make long position then take up some risks and we might be seeing some
recovery soon.
hero member
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August 17, 2023, 05:45:05 PM
I don't think the barrier will break anytime soon unless some big good news happened or the other way around.
Well, we are experiencing it now due to some news including of SpaceX selling its bitcoin holdings that cause panic sells hearing the news and is the price is dumping from 28k.
legendary
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August 17, 2023, 12:22:41 AM
I also have no qualms about reaching another $31K price tag on Bitcoin, but for now it's up to everyone to see how the market is going specifically for Bitcoin. An increase for $2k or $3K is indeed not impossible for Bitcoin, but for conditions like today it feels like it is still a little difficult to happen right away because after approaching $30K, the price of Bitcoin still tends to fall back rather than increase at this time so for $31 K may not be reached immediately in the near future, although it is very, very likely to happen.

Compared in the past years ago the price movement these days is not too volatile as before since people are now developing AI for trading the market become less volatile unlike years ago.

There are many factors that affects the Bitcoin price not the technical but also news and events can change the price of Bitcoin. For now, Bitcoin price is stable at $29k and it is hard to predict if these days we can see price more than $31k unless if there is new events.
full member
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August 16, 2023, 11:51:11 PM
The OP asked this question/posted since june, yet we still have almost the same range now in august which means it really become stable. I don't think the barrier will break anytime soon unless some big good news happened or the other way around. But usually ber months always do the uward trend, i'm not saying it always the same, and it will be this time but i hope it will.
I agree with you, when the thread was created i did it with a future prediction and forecast and my market speculation caption up.to 2-3 month Bitcoin price range and to this point, we are almost in the third month of the thread and still yet Bitcoin price range has not broken out of that benchmarks.

This market characteristic shows that Bitcoin is building up higher liquidity that will sustain its current price resistance level, and also force Bitcoin price to become more stable, and I am sure also that Bitcoin is going to maintain its current price benchmarks for a while before any further possible breakout.
I don't think that Bitcoin is building up higher liquidity but it is just that the whole market is waiting for some movement to start buying and we all know that the market won't move much if there is no money flowing in at all. There isn't much selling or much buying at the moment, which is basically the reason why the market is so much stable, as soon as people start either selling or buying at large scales, the market will start moving for sure.

A lot of people think that the market will move when the halving occurs but that doesn't automatically do something to the market that makes people buy more only in the hope that the market will go up and that is basically what keeps the market going up and as soon as people start selling again, we see the market crashing.
hero member
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August 15, 2023, 05:09:31 AM
$31K is a very close price. The price of Bitcoin, which moves significantly at any time, makes it possible to achieve this. Currently, the price of Bitcoin is always close to $30K, so I think $31K is very possible to achieve this month.
I think the movement that occurs is 2k to 3k, it's still reasonable, because so far the price of Bitcoin is moving quickly and that's a natural thing
But of course I am very optimistic that in the rest of the year we will see more and more positive trends in the price of Bitcoin.
I also have no qualms about reaching another $31K price tag on Bitcoin, but for now it's up to everyone to see how the market is going specifically for Bitcoin. An increase for $2k or $3K is indeed not impossible for Bitcoin, but for conditions like today it feels like it is still a little difficult to happen right away because after approaching $30K, the price of Bitcoin still tends to fall back rather than increase at this time so for $31 K may not be reached immediately in the near future, although it is very, very likely to happen.
hero member
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August 14, 2023, 07:32:46 AM
The most bullish of bull runs are the ones that happen many months, even more than a year, after the halving. That is when the scarcity of new Bitcoin will be fully felt by the market. The supply can't anymore keep up with the demand. So for 2023, I don't expect a huge price change whether up or down. That's unless there is a really big thing to happen that would shake the entire market up. Without that, I think the price will continue to move sideways within the $20,000 and $30,000 level.
Do you in predictions of bitcoin price we can not stand on one predictions, when future goes and predictions changes, because at a point we may likely say that bitcoin will not be increase above twenty thousand  (30k) this year base on what you know quite well, so I believe that the price of bitcoin today or next month due to the status of the investors can make us to change a predictions value of bitcoin, in null shell what I'm saying to an extent is that Bitcoin price will is rotational and if we are predicting the price of bitcoin is dependable by the information we heard concerning the Market. Do you know that I doesn't depends on predictions speculation of bitcoin, I made my own findings and depends on that, so that the Market goes against my predictions then I will accept because all fault are mine because It's what I predicted.
hero member
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August 14, 2023, 05:51:43 AM
$31K is a very close price. The price of Bitcoin, which moves significantly at any time, makes it possible to achieve this. Currently, the price of Bitcoin is always close to $30K, so I think $31K is very possible to achieve this month.
I think the movement that occurs is 2k to 3k, it's still reasonable, because so far the price of Bitcoin is moving quickly and that's a natural thing
But of course I am very optimistic that in the rest of the year we will see more and more positive trends in the price of Bitcoin.
$31K can be said to be resistance.
Not moving significantly, the price of bitcoin is currently stuck at $29K and only on the 9th bitcoin touched $30K but that was not long until it returned to the price of $29K more.

Supposedly $30K is not difficult if you look at the current movement but sometimes it becomes difficult we see at the end of the month, but at least with a positive trend including from the news bitcoin can break $30K.

Right now I just call bitcoin more sideways

There are many more days until the end of August. If there is a rapid increase this month, we may see 31k, but I don't think much. When the price hit 30k it immediately pulled back. This showed that Bitcoin price is not ready to go above 30k. I guess we have to wait a little longer.

It's like they're constantly trying to lower prices. Bitcoin endured very well not to fall from the 29k level. I think we should talk about the possibility of the price going down from 29k instead of going above 30k. Because this possibility seems more likely to me.

The price of bitcoin has being resisting 30k as we have seen it since the past few months that the price has being fluctuating between 29k-30k and back to 29k for three months now. It has been stable,I guess that it will little more time before bitcoin price will break the barrier of this price to 31k and above maybe after the end of this month but I know that this is a good sign that bitcoin price will not go below 28k again till we will experience the halving next year and the price of bitcoin at the end of this year might reach 40k. I hope to hear good news on bitcoin that will help to increase the price..
hero member
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August 13, 2023, 07:13:47 PM
The OP asked this question/posted since june, yet we still have almost the same range now in august which means it really become stable. I don't think the barrier will break anytime soon unless some big good news happened or the other way around. But usually ber months always do the uward trend, i'm not saying it always the same, and it will be this time but i hope it will.
I agree with you, when the thread was created i did it with a future prediction and forecast and my market speculation caption up.to 2-3 month Bitcoin price range and to this point, we are almost in the third month of the thread and still yet Bitcoin price range has not broken out of that benchmarks.

This market characteristic shows that Bitcoin is building up higher liquidity that will sustain its current price resistance level, and also force Bitcoin price to become more stable, and I am sure also that Bitcoin is going to maintain its current price benchmarks for a while before any further possible breakout.
hero member
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August 11, 2023, 01:23:15 PM
$31K is a very close price. The price of Bitcoin, which moves significantly at any time, makes it possible to achieve this. Currently, the price of Bitcoin is always close to $30K, so I think $31K is very possible to achieve this month.
I think the movement that occurs is 2k to 3k, it's still reasonable, because so far the price of Bitcoin is moving quickly and that's a natural thing
But of course I am very optimistic that in the rest of the year we will see more and more positive trends in the price of Bitcoin.
$31K can be said to be resistance.
Not moving significantly, the price of bitcoin is currently stuck at $29K and only on the 9th bitcoin touched $30K but that was not long until it returned to the price of $29K more.

Supposedly $30K is not difficult if you look at the current movement but sometimes it becomes difficult we see at the end of the month, but at least with a positive trend including from the news bitcoin can break $30K.

Right now I just call bitcoin more sideways

There are many more days until the end of August. If there is a rapid increase this month, we may see 31k, but I don't think much. When the price hit 30k it immediately pulled back. This showed that Bitcoin price is not ready to go above 30k. I guess we have to wait a little longer.

It's like they're constantly trying to lower prices. Bitcoin endured very well not to fall from the 29k level. I think we should talk about the possibility of the price going down from 29k instead of going above 30k. Because this possibility seems more likely to me.
hero member
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August 11, 2023, 12:21:30 PM
$31K is a very close price. The price of Bitcoin, which moves significantly at any time, makes it possible to achieve this. Currently, the price of Bitcoin is always close to $30K, so I think $31K is very possible to achieve this month.
I think the movement that occurs is 2k to 3k, it's still reasonable, because so far the price of Bitcoin is moving quickly and that's a natural thing
But of course I am very optimistic that in the rest of the year we will see more and more positive trends in the price of Bitcoin.
$31K can be said to be resistance.
Not moving significantly, the price of bitcoin is currently stuck at $29K and only on the 9th bitcoin touched $30K but that was not long until it returned to the price of $29K more.

Supposedly $30K is not difficult if you look at the current movement but sometimes it becomes difficult we see at the end of the month, but at least with a positive trend including from the news bitcoin can break $30K.

Right now I just call bitcoin more sideways
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