Bitcoin Price, Where Next - page 4. | Bitcointalksearch.org

Ngemmeng

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Quote from: kapalmabur on June 23, 2023, 08:07:28 AM

Where next? of course BItcoin will go to $ 50k if the price of $ 30k can hold,
therefore we have to monitor it especially especially on weekends the volatility is higher,
if indeed this is not a bull trap then good news for the crypto currency market will arrive.

good news friends, now bitcoin has managed to penetrate $ 30k and to be more precise now the price of bitcoin is around $ 31k.
next $50k ? very likely, but not in the near future as there may be several corrections before reaching that point.

Bitcoin_people

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We've seen the Bitcoin market drop drastically in price over the past year. When the Bitcoin market turned bearish, market liquidity was greatly reduced. In 2023, the Bitcoin market went down a lot, but it is currently in a flat position. If the Bitcoin market starts to halve again right now, the price of Bitcoin will increase drastically in the next year. By mid-2023, Bitcoin markets are bullish and it is going to turn into a bull market very soon. But this happened because of FTX when the market was dumping again. But following the Bitcoin market right now shows that Bitcoin is going to halve in the future and it is pumping again. Right now the Bitcoin market has crossed $31,000 and is expected to stay in a good position for the next month.

Yaunfitda

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Quote from: Sebas.tian on June 26, 2023, 10:46:59 PM

Since the price of Bitcoin has increased from $25,000 to $30,000 in this month of June, show that the bearish season will still occur before the end of December so that investors can use that opportunity to buy and hold for massive pumping that will going to happen in 2024. It will be difficult for long term investors and short term investors to experience what happened 2022 that made the price of Bitcoin remain low through out the year, which many potential potential used the period to invested huge amount of money on Bitcoin and other cryptocurrencies. I believe, the price of Bitcoin will decrease back to $20,000 before the price will finally hit $40,000 this year for those that wish to sell will use the season to sell and make profits.

Hopefully this might not be the case. I know that we look for patterns, specially from the past historical logs. But it doesn't mean that it will be the same year after year. There could be deviations just like what we are seeing in todays price movement as no one expect that we would have a break out run to $30k and it here we are after the Binance vs SEC drama.

So I doubt that we will revert back to $20k, at least we have seen the lowest low in this bear market. Everyone is now waiting for the block halving happening in less than a year so everyone is accumulation this season as this could be the final stage of this phase as in this next 6 months the price might grow steady.

Davian144

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Quote from: Ngemmeng on June 26, 2023, 07:20:35 AM

a few days ago the price of bitcoin rose dramatically and maybe that price increase is also a sign that the SEC issue is over. my instinct says if there are no more issues like this then the price of bitcoin will continue to rise because more and more people are buying in preparation for a bullish welcome in 2024.

I very rarely rely on instinct when it comes to the market and also when it comes to any issue that could affect the market. Because the issues or problems that occur can be known through the news, whether it has actually been resolved or not. Meanwhile, in terms of increasing prices, it will not be accurate if you only rely on instinct, even though most of the price increases are due to the large number of buyers in the market who are attracted to Bitcoin. Because indeed there are many people who are making preparations to see the bullish next year.

justdimin

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Quote from: Ngemmeng on June 26, 2023, 07:20:35 AM

a few days ago the price of bitcoin rose dramatically and maybe that price increase is also a sign that the SEC issue is over. my instinct says if there are no more issues like this then the price of bitcoin will continue to rise because more and more people are buying in preparation for a bullish welcome in 2024.

That's an usual expectation, if nothing like this happens again then I would expect the price to go up as well. It's normal that we are not going to end up with a big increase if there are troubles, and Binance thing was a bad one that kept it from going up for a while, but then people ignored it and it reached 30k+ easily.

I think if nothing like that happens then the price will go up is the expected thing but we are not entirely sure if we should expect something like that or not, because if we do not see it happen like that then it wouldn't be a big deal but if we end up with another one then it's going to end up being a big problem since it could cause the price to drop again while we are on the run to go higher these days.

Baofeng

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Quote from: taufik123 on June 19, 2023, 06:23:43 PM

Quote from: Baofeng on June 19, 2023, 05:51:01 PM

The last quarter will be interesting though, so short term for me, yeah could boring, but when we enter on what we call the "ber" months, fro September-December, we might see some growth along the way and it could push the price to highs of like $35k-$40k or even higher. And we all know that there will be a lot of FOMO at the end of the year, as we all know that bitcoin halving is 2024. And that's what the mindset of some, it's just like beating the red light and buying at a high price instead of doing DCA and buy at the current price that we have as it is still cheap.

It will always happen, we will see a significant rise as FOMO sets in by many investors who start getting in and don't want to miss the 2024 Halving Hype that will happen.

Though now is the right time to start DCA, May-June had a stronger drop but now it is still in the $26k+ price area.

Let's look at the Bitcoin Monthly Return table again. In the last 2 years, September-December has experienced more declines,
but in July and October, there was a slight increase and maybe this will be a trigger for Bitcoin to reach the $ 30k + price area so that ahead of the Halving the bull run market will be maximized.

And yet the pattern breaks now, June used to be a bad month, but if we look at today's price, we are now in the $30k'ish price, and we have a bullish sentiments now because of the Blackrock news and other companies applying ETF's.

So maybe September-December too might see a very different cycle and now we could be looking for a huge increased like $40k-$50k at the end of the year.

FOMO is already here and possible to continue as long as they are good news to come in the last quarter.

BALIK

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Quote from: LogitechMouse on June 26, 2023, 10:03:07 PM

Bitcoin might stay above $30,000 and will go sideways to around $30,000-maybe $40,000 this year, or Bitcoin might go below $30,000 and might reach the $20,000 price again.

Like what happened in 2019, the market is kind of boring because most of the time, it goes sideways. The only good thing about what's happening is that, it is creating a higher lows like what we are seeing right now. I don't believe that we are in a bull market this year now, but I think we are still in the accumulation phase where investors are slowly accumulating Bitcoin in preparation for the bull market that "MIGHT" happen a few months after the Bitcoin halving which happens next year.

The price of Bitcoin might get affected by the decision regarding the Bitcoin ETF filed by Blackrock, and TBH it might go both ways. I just don't know why I feel a bit bad about the acceptance of a Bitcoin ETF from Blackrock (assuming that it will get accepted).

I think history is repeating itself, and what we are going through will be as boring as 2019, and I do not rule out the possibility that we will have another big dumping before the halving. Bitcoin had some rallies in 2019, but in 2020, it was also dumped again before the bull season arrived.
So the possibility of bitcoin falling below 20k is still possible, and I very much hope it happens. That will be our last chance to accumulate cheap bitcoins before the new bull season arrives.

Sebas.tian

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Since the price of Bitcoin has increased from $25,000 to $30,000 in this month of June, show that the bearish season will still occur before the end of December so that investors can use that opportunity to buy and hold for massive pumping that will going to happen in 2024. It will be difficult for long term investors and short term investors to experience what happened 2022 that made the price of Bitcoin remain low through out the year, which many potential potential used the period to invested huge amount of money on Bitcoin and other cryptocurrencies. I believe, the price of Bitcoin will decrease back to $20,000 before the price will finally hit $40,000 this year for those that wish to sell will use the season to sell and make profits.

LogitechMouse

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Bitcoin might stay above $30,000 and will go sideways to around $30,000-maybe $40,000 this year, or Bitcoin might go below $30,000 and might reach the $20,000 price again.

Like what happened in 2019, the market is kind of boring because most of the time, it goes sideways. The only good thing about what's happening is that, it is creating a higher lows like what we are seeing right now. I don't believe that we are in a bull market this year now, but I think we are still in the accumulation phase where investors are slowly accumulating Bitcoin in preparation for the bull market that "MIGHT" happen a few months after the Bitcoin halving which happens next year.

The price of Bitcoin might get affected by the decision regarding the Bitcoin ETF filed by Blackrock, and TBH it might go both ways. I just don't know why I feel a bit bad about the acceptance of a Bitcoin ETF from Blackrock (assuming that it will get accepted).

GreatArkansas

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Quote from: Semar Mesem on June 25, 2023, 08:11:04 PM

After the price can return to $ 30k I'm optimistic that July can reach at least $ 35k, the upward trend will continue due to positive sentiment in the market, the initial panic when the issue of Binance experiencing a crisis was not proven so that investors were even more optimistic to continue buying.

$35,000 is always possible here but I want to make it more healthy like there must be some price correction along the way.
That's why I believe we will still visit below $30,000 or worst $25,000 before visiting the $35,000 price. We still have a lot of time before the end is left.
We are kinda oversold right now, we saw that huge pump to above $30,000 easily.

Ngemmeng

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a few days ago the price of bitcoin rose dramatically and maybe that price increase is also a sign that the SEC issue is over. my instinct says if there are no more issues like this then the price of bitcoin will continue to rise because more and more people are buying in preparation for a bullish welcome in 2024.

fuguebtc

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Quote from: Semar Mesem on June 25, 2023, 08:11:04 PM

After the price can return to $ 30k I'm optimistic that July can reach at least $ 35k, the upward trend will continue due to positive sentiment in the market, the initial panic when the issue of Binance experiencing a crisis was not proven so that investors were even more optimistic to continue buying.

In April, when bitcoin crossed $30k, and everyone was optimistic, all believed bitcoin would break $35k to conquer the $40k target. But in the end, bitcoin remained below $30k for 2 months, and today, we could see $30k again. But it looks like bitcoin cannot sustain above $30k if we look at the chart now. My expectation is bitcoin will correct below $30k before rebounding and surpassing $32k in the coming weeks.

Many people say that people are being very optimistic, but in my opinion, people are still very cautious with everything. Bitcoin has been bullish for the past few days, but if you check the market, you won't see any new money flowing into the market, with ETFs, bitcoin's price increase is because of the flow of funds from altcoins. So I don't think this bullish can sustain for long.

Semar Mesem

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After the price can return to $ 30k I'm optimistic that July can reach at least $ 35k, the upward trend will continue due to positive sentiment in the market, the initial panic when the issue of Binance experiencing a crisis was not proven so that investors were even more optimistic to continue buying.

beerlover

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Quote from: yudi09 on June 22, 2023, 05:19:19 AM

Whether it's a coincidence or not, the FTX story that made the market excited at that time seemed as if the story that had happened to Binance recently had no effect on the market price which had moved up when Binance failed in several countries.
Suddenly the Bitcoin price chart has increased rapidly to reach the price level of $30K since yesterday and still has a chance to last for some time to come at least until the end of June amidst the doubts of many people.

The appearance of the green chart in the last week of June grows our enthusiasm and optimism, which is very confident that the price of Bitcoin will be able to penetrate the target we expect at the end of 2023.

I do not think that it was any story that made it go up, I think it was obviously the price being too low, so people said they believed it could be higher and that's why it went up like that. When the price goes too low, it is not that easy to make it go any lower, you need to sell a lot more to break down that wall and go lower, which does happen time to time but not all the time. Instead, it takes a lot less money to make it go up, and that's why it goes up, it's easier.

The market realizes this easily, and they keep doing it, if it's easier to go down one direction, it's very rare that it doesn't go that direction. Sometimes when a big news happens it might, but it has to be something very major to make it go down that road that is harder.

RewFrew

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Fantastic Movement we are seeing. Bitcoin increase near about $6k within 2/3 days. Now bitcoin price hit $31000. Brazil’s largest Bank ITAU is joining National Association to Defend Bitcoin and crypto. So i think it will creat big impact in cryptocurrency market. I think Bitcoin price will $35000 within 4/5 days. And within this year bitcoin price will hit $50k i believe it. If all situation will positive then in 2024 Bitcoin price will hit New ATH i mean it will hit One zero zero zero zero zero.

dragonvslinux

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Personally I think somewhere between $50K and $60K is likely for the year, as long as price can get above $30K, otherwise I'd say a re-test of $15K to $20K becomes more likely.

My main reason behind this is the rounding bottom formation that has taken over a year to form, with confirmation above around $32K. This gives a target of roughly 100% increase, which while would actually be close to a re-test of the ATH around $64K, I think is more likely to fail a bit sooner, somewhere below $60K. This would also simply be "another" 100% increase over the next 6 months, which wouldn't be odd at all.

If this happens I think a return to $30K becomes also very likely, as a 300% increase over a year will likely be met with a 50% correction over the preceding 6 months, until the halving for example.

As I type, price is now at a new yearly high, as well as highest price in over a year.... so it's hard to be bullish about Bitcoin near future right now.

kapalmabur

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Where next? of course BItcoin will go to $ 50k if the price of $ 30k can hold,
therefore we have to monitor it especially especially on weekends the volatility is higher,
if indeed this is not a bull trap then good news for the crypto currency market will arrive.

khiholangkang

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Quote from: arufox on June 22, 2023, 04:24:19 AM

Predicting with certainty whether the price of Bitcoin will experience further decline or further recovery in the future is very difficult because the cryptocurrency market tends to be highly volatile and difficult to predict. However, it seems that lately there has been a significant increase in demand so the price of Bitcoin has increased where it is currently back at $30k. Therefore, there is a possibility that the bitcoin price movement will continue and it is possible that at the end of this year, the bitcoin price has the potential to reach above $40k.

Nobody really predicts correctly, because the price movement is very fluctuating as you say.
Even an increase of up to $ 30k who can predict this, in the midst of FUD circulating about the exchange that will get sanctions, and will have a negative impact on the market, but in fact instead it turns around.
If positive news sentiment continues, I think that not only $ 40k will be achieved by Bitcoin by the end of 2023, maybe we can pass the last ATH this year.

Another increase to $ 30k I never expected it, the effect of Blackrock and Fidelity is very useful for the increase in Bitcoin prices this week, Bitcoin moves from $ 25K to $ 30k not much time.

Jating

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Quote from: globalpain on June 22, 2023, 04:15:43 PM

Bitcoin has been very bullish at the moment it has managed to breakout from $30k and is likely to survive and will continue its bullishness this month,
I have seen many predictions that June will be good, and yes it has been proven.
if this momentum continues then Q3 will be a bullish month for cryptocurrencies and Bitcoin will surely ease into $50k again.

It just barely break the $30k price range though as it fluctuates from highs of $29k to lows of $30k, and so with that kind of movement, there is still a big resistance, a big wall in front of us.

Nevertheless, as shown previously, it can jump anytime if investors are going to be bullish and willing to pour their money because of so many positive news around. And just think of it, if just of those Spot ETF application was approved by SEC, the market will continue it's rally and could have another break out run to $35k. But a disapproval could also dampen the spirit of the market again.

rojan

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Quote from: arufox on June 22, 2023, 04:24:19 AM

Predicting with certainty whether the price of Bitcoin will experience further decline or further recovery in the future is very difficult because the cryptocurrency market tends to be highly volatile and difficult to predict. However, it seems that lately there has been a significant increase in demand so the price of Bitcoin has increased where it is currently back at $30k. Therefore, there is a possibility that the bitcoin price movement will continue and it is possible that at the end of this year, the bitcoin price has the potential to reach above $40k.

yes i also think it can go to 40k$ by the end of the year. but it is very difficult to know when the price of bitcoin increases and when it gets dumped. but when i invest in bitcoin the price of bitcoin is dumped a lot. again when bitcoins Shortly after the sale, the price of Bitcoin began to rise.I don't understand that when I sell bitcoin price starts going up. So now I thought not to invest for a short time. I would invest now and wait for a long time and sell when the price goes up.

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