Bitcoin Price, Where Next - page 2. | Bitcointalksearch.org

Fakhrulenclix

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Quote from: wmaurik on August 11, 2023, 10:32:10 AM

Quote from: Dr.Bitcoin_Strange on August 11, 2023, 06:23:11 AM

Yeah, I think so too. I am even believing that we might see Bitcoin around $31–$32k before the month of August is finally over, because about two days ago, the market really showed a quick move from $29k to about $30k+, and if that move occurs again, I think we might see Bitcoin around $31k first for towards the ending of the month.

As for $31K at the end of this month, I think it could happen again to Bitcoin because in mid-July this price range also happened to Bitcoin so there is still a chance for it to happen again at the end of this month if there is no further drop below $29K. The price increase to $31K is not so far from the current price range that most people are probably still pretty sure it could happen again sometime this month. Even if not now or in the next few days.

$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.

wmaurik

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Quote from: Dr.Bitcoin_Strange on August 11, 2023, 06:23:11 AM

Yeah, I think so too. I am even believing that we might see Bitcoin around $31–$32k before the month of August is finally over, because about two days ago, the market really showed a quick move from $29k to about $30k+, and if that move occurs again, I think we might see Bitcoin around $31k first for towards the ending of the month.

As for $31K at the end of this month, I think it could happen again to Bitcoin because in mid-July this price range also happened to Bitcoin so there is still a chance for it to happen again at the end of this month if there is no further drop below $29K. The price increase to $31K is not so far from the current price range that most people are probably still pretty sure it could happen again sometime this month. Even if not now or in the next few days.

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Quote from: boltz on August 10, 2023, 07:20:26 AM

Quote from: Pejoh Asu on August 10, 2023, 07:08:23 AM

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

Yeah, I think so too. I am even believing that we might see Bitcoin around $31–$32k before the month of August is finally over, because about two days ago, the market really showed a quick move from $29k to about $30k+, and if that move occurs again, I think we might see Bitcoin around $31k first for towards the ending of the month.

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Its recently pulled back to be almost the same price as March start which is alot of wandering about only to arrive back where you were 5 months ago. Thats what tends to happen and I'd call the entire year a consolidation year, various prices seen but not a great deal of resolution to significantly alter price. It is still constructive longer term but you will require sainthood before you can fully appreciate the gains that seem so slow in contrast.
BTC races ahead at times only to cruise to a near stop after that acceleration, maybe we are in eco mode doing so and it'd be negative to always move rapidly; dangerous even so at least someone who appreciates stability benefits from this drifting price but its not often speculators who would say that especially those on leverage paying for time.

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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.

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Quote from: flyingcarpet on August 10, 2023, 03:11:56 PM

The price has been fluctuating between 29k 30k for a long time. I don't know if it will continue like this until the end of the year, but I think the price must first fall in order for the price to rise. Because many people think that the price of Bitcoin will fall, and after going from 29k to 30k, it went down again. If the price of Bitcoin falls from these levels, it will start to rise again quickly, but first, the expectation of a decrease must be realized.

The halving will have a big impact on price predictions, but there is still uncertainty in terms of price. So getting a little closer to Halving will give us information about where the price will go.

In a sideway movement of the Bitcoin market, it is possible that people are accumulating slowly. This is also one of the sign that a possible transition from bearish market to bull market slowly building up. In the previous price chart, Bitcoin halving is one of the catalyst of Bitcoin breakout, signaling the start of bullish market that ends up with record breaking new ATH.

I believe the history will again repeat itself making Bitcoin rallies after the halving and create a series of new ATH.

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Quote from: ShowOff on August 10, 2023, 04:27:51 PM

We still have about 9-10 months of time until the halving, and that means we still need to wait for it to be a bit different in the end. I get that there are a lot of people who are super excited about the possibility, bu that doesn't mean that we are going to end up with a good return right away. It could be like that at one point, but it could be quite different at another moment. This is why we should be considering this as something that will benefit everyone if they wait. Holding seems to be the hardest thing for people, if we could do that then we are going to end up with profit but unfortunately people fail to do that somehow, I don't understand how something so easy, is actually so difficult.

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Quote from: ScamViruS on August 10, 2023, 03:58:35 PM

Bitcoin is in this area of 29k to 30k since last few months, no one knows what is the reason, but maybe someone is accumulating big amount of bitcoin here and we are selling in frustration. Many are preparing for the next halving so keep an eye on the market, the unexpected may become expected.

Of course it is true that unexpected things are very likely to happen to bitcoin so everyone needs to consider the risk of investing. I also don't know what happened in the market for the price to push above $32k since January 2023. Right now the price tends to go sideways between $29k to $30k, but bitcoin is still having a hard time staying above $30k after the correction.

The halving is still a long way off so there is plenty of opportunity for accumulation over the course of 2023. August might be the best month to expect a price recovery above $31k, but I'm not thinking much about a possible dump to anything lower than $28k either.

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Quote from: Pejoh Asu on August 10, 2023, 07:08:23 AM

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

We always hope for everything to happen very quickly, but we don't want to think that actually it takes time to prepare. If we compare the price of Bitcoin since the end of last year, Bitcoin has performed quite well so far. It is true that the Bitcoin market is quite slow right now but the traditional market is also slow. We have seen in the past and continue to do so today that traditional markets have considerable influence over the Bitcoin market. I think Bitcoin will end the year with a strong bounceback.

Bitcoin is in this area of 29k to 30k since last few months, no one knows what is the reason, but maybe someone is accumulating big amount of bitcoin here and we are selling in frustration. Many are preparing for the next halving so keep an eye on the market, the unexpected may become expected.

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Quote from: Wiwo on August 10, 2023, 02:33:40 PM

Quote from: boltz on August 10, 2023, 07:20:26 AM

Quote from: Pejoh Asu on August 10, 2023, 07:08:23 AM

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

I accept this speculations because in the last few months, bitcoin have relied around that price region and 30k to 29k have become a stable benchmark for Bitcoin and this period have been one of the most stable Bitcoin price periods since the crisis that rocked the cryptocurrency market in 2022 and the 2023 bitcoin market recovery that brought us to this current Bitcoin price position.

That is the most suitable benchmark that can trigger an upfront price reaction in the future but I believe a large portion of the price increase will come through the Bitcoin halves when the block rewards will be reduced.

The price has been fluctuating between 29k 30k for a long time. I don't know if it will continue like this until the end of the year, but I think the price must first fall in order for the price to rise. Because many people think that the price of Bitcoin will fall, and after going from 29k to 30k, it went down again. If the price of Bitcoin falls from these levels, it will start to rise again quickly, but first, the expectation of a decrease must be realized.

The halving will have a big impact on price predictions, but there is still uncertainty in terms of price. So getting a little closer to Halving will give us information about where the price will go.

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Quote from: boltz on August 10, 2023, 07:20:26 AM

Quote from: Pejoh Asu on August 10, 2023, 07:08:23 AM

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

I accept this speculations because in the last few months, bitcoin have relied around that price region and 30k to 29k have become a stable benchmark for Bitcoin and this period have been one of the most stable Bitcoin price periods since the crisis that rocked the cryptocurrency market in 2022 and the 2023 bitcoin market recovery that brought us to this current Bitcoin price position.

That is the most suitable benchmark that can trigger an upfront price reaction in the future but I believe a large portion of the price increase will come through the Bitcoin halves when the block rewards will be reduced.

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Quote from: Pejoh Asu on August 10, 2023, 07:08:23 AM

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

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I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Joshapat

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The price of $30k has been going on since March, but until now the market looks very difficult to go up, I think a big increase can occur if many big issues can be resolved properly, for example the lawsuit against Binance in the USA, the issue about Tether not having real money and so on .

Ricardo11

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The price of Bitcoin is going to skyrocket after that. Because currently many think that there is a high probability of a big bull market in Bitcoin price, which will create the next ATH and it is likely to be around 100k to 120k. And this is what many bitcoin experts who are always trading bitcoins and investing in bitcoins also think. This bull market will likely occur between 2024 and 2025.

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Quote from: Davian144 on July 13, 2023, 12:02:08 AM

Quote from: Epaper on July 10, 2023, 10:15:52 AM

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Even though Bitcoin is currently above $30K, it still needs more encouragement from a number of other factors to get more interest from people who still haven't bought Bitcoin right now. The point is that the price can continue to be pushed up in every month before next year, even though it has to happen slowly. But that would still be better than having no improvement at all, so the push through more positive news is still very useful and much needed now in order to accelerate the price increase in the market.

..and one more thing, don't forget the lack of sell-off by whales and large institutions and miners also have correlations and impacts that will hinder the speed of BTC price movements on the market and cause more skepticism for many HODL people. what is often said is. "just went up a little, yach, already slammed again"

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Quote from: KingsDen on July 13, 2023, 04:04:46 PM

Quote from: RewFrew on June 30, 2023, 01:04:35 PM

Now bitcoin price $30k+. Bitcoin price now stable $30k we saw from few days. We saw bitcoin price dumped from 2 years. It touched $15k and gradually it increasing. Still increasing and we think we in bull run session. So where bitcoin price will go it is difficult to say. But my thinking next Bitcoin's price stoppage is $50k. I believe it is not impossible, it is really possible. I think next Bitcoin's price stoppage $50k and then $100k. If all were ok i think within 2024 bitcoin price will hit $100k.

I opened my portfolio today and noticed some increment in my bitcoin holding, on checking the price I saw that bitcoin has exceeded 30k and even exceeded 31k. Although I don't know how far it went but around 2hrs ago I saw bitcoin price at about $31,760. This is a significant increase to the consolidating price of 30k.

The other day we were speculating about bitcoin next movement from the 30k range. Some persons said bitcoin might find 25k range from there but a few predicted an upwards movement. It was really obvious that bitcoin wanted to move but the direction of movement was what no one was certain about.

It's $31,200 just now, and yes most likely it went as high as $31,760 (but I didn't catch it). And with that the bullish momentum still continues, I think there is some good news in the altcoin market (Ripple labs winning against SEC), that might spill the effect on the market that's why we are over $31k right now.

And again, we just hope that it will maintain this price as it become the biggest mental barrier that we need to break. So this is a good indication that at least the market is again not going to be on a sideways patterns and maybe at the end of the month, we can see $32k.

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Quote from: RewFrew on June 30, 2023, 01:04:35 PM

Now bitcoin price $30k+. Bitcoin price now stable $30k we saw from few days. We saw bitcoin price dumped from 2 years. It touched $15k and gradually it increasing. Still increasing and we think we in bull run session. So where bitcoin price will go it is difficult to say. But my thinking next Bitcoin's price stoppage is $50k. I believe it is not impossible, it is really possible. I think next Bitcoin's price stoppage $50k and then $100k. If all were ok i think within 2024 bitcoin price will hit $100k.

I opened my portfolio today and noticed some increment in my bitcoin holding, on checking the price I saw that bitcoin has exceeded 30k and even exceeded 31k. Although I don't know how far it went but around 2hrs ago I saw bitcoin price at about $31,760. This is a significant increase to the consolidating price of 30k.

The other day we were speculating about bitcoin next movement from the 30k range. Some persons said bitcoin might find 25k range from there but a few predicted an upwards movement. It was really obvious that bitcoin wanted to move but the direction of movement was what no one was certain about.

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Quote from: puloweh555 on July 13, 2023, 01:40:08 PM

It seems as if you have misconceptions about the world of DCA and what these terms stand for in our Bitcoin standing because from your comment and if I go by your analysis of when you started to DCA it then means you exchange your Bitcoin to USTD at Bitcoin price of 25k which by now you should be in lose because you will not be able to get the same value of bitcoin if you decide to open a position at this point.,

Correct me if I am wrong, but the truth is if you do not know how to properly DCA in the real sense it is better to leave your Bitcoin and continue to hold up until 2024 and beyond to see the reflection of the profits.

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Quote from: Davian144 on July 13, 2023, 12:02:08 AM

Quote from: Epaper on July 10, 2023, 10:15:52 AM

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Even though Bitcoin is currently above $30K, it still needs more encouragement from a number of other factors to get more interest from people who still haven't bought Bitcoin right now. The point is that the price can continue to be pushed up in every month before next year, even though it has to happen slowly. But that would still be better than having no improvement at all, so the push through more positive news is still very useful and much needed now in order to accelerate the price increase in the market.

I started DCA when BTC was worth around $25k, Start small and will increase slightly over time. The plan is DCA and HODL until mid 2024, By then I should be able to accumulate a very large position in BTC. I highly doubt that the BTC price will ever return to the sub-$30k price as you said BTC will continue to increase every month even if it's a bit slow Because we are going to enter BTC in a 4 year cycle.

Applying the DCA concept is the most appropriate strategy because it is similar to saving. By Putting aside the same amount of money every week or month with analysis the bitcoin halving period is approaching. we should be able to see the bottom by now as BTC's four year cycle has been consistent for a decade.

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