Bitcoin prospects - page 5. | Bitcointalksearch.org

Spaceman1000$

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

I think the Bitcoin rise has a lot to do with the demand and supply of it, when the demand is high the value of bitcoin goes high, same thing if the demand is low the value will reduce. however bitcoin is a cryptocurrency that you cannot predict the limit to which it can reach when it on upward trend, the demand for Bitcoin is high at the moment that is why you see the value going up and people are rushing in so they won't be left out on the bullrun that has gradually started, so given the way things are, you cannot predict it limit.

So The most prominent result of the Bitcoin rise is the value it gives for your investment and how long it will take for it to yield results, because at the end of the day you will get a return of your investment.

moneystery

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

there's no need to think too deeply about limits, implications, and whatever. what you need to know is that bitcoin has unlimited potential, where its value in the future will increase along with increasing adoption of bitcoin. if you believe in it, you can choose to invest in it. but if you are still in doubt, you should not invest. it's very simple.

Fausto Arta

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There are several fundamental factors by which BTC can move upwards and not sideways. In general, the increase in BTC prices can increase if Crypto Whales are active in buying BTC on a large scale. Regulations, Halving momentum and technological developments can play an important role too. However, nothing is certain, even if the factors above occur, BTC will not continue to climb and will consistently persist. Today the price of BTC continues to climb, reaching more than $60K.

God bless u

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This is a very big Misconception in trading that someone can predict for me whether this coin will rise or fall. Yes people make guesses according to their calculations and market research.Sometimes it comes true and sometimes not.Never completely rely on someone always have a safety factor in your mind.

As far as Bitcoin is concerned it all depends upon the investors.As we all know Bitcoin is a powerful coin with a strong base ,good usability and ability to return profits on investments.The more investors will invest money in it the more it'll rise. Sometimes due to the crisis investors pull their money out and it falls so it's more dependent on that amount of investments it will have.

Pi-network314159

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise...

I am not sure if it has a limit of rise. Since it depends on investors for its growth. Because as investors put more of their money to it, its value increase do to demand and supply.

Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

and is it a strong and consistent rise...

You can't just expect a continuous rise, because bitcoin is volitille which may go towards uptrend and downtrend. It might be $59k today and falls down to $55k tomorrow so btc is not alway moving forward

Despairo

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This is the limits of Bitcoin rise: ∞

It's due to demand and supply, but if there are many people bought Bitcoin, this could resulting spike on mempool. But the mempool isn't congested despite the Bitcoin price continue to rising, so I predict it's because of ETFs https://www.theblock.co/data/crypto-markets/bitcoin-etf/cumulative-spot-bitcoin-etf-volumes

ahmadeed

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What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Topic: Bitcoin prospects - page 5. (Read 907 times)