Bitcoin Up Move Incoming - page 2. | Bitcointalksearch.org

coolcoinz

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Quote from: m2017 on October 11, 2023, 01:20:46 PM

How do you explain if your forecast doesn't come true? How will you justify yourself?

Does he really have to? These are predictions, not promises.

Did Tom Lee justify himself after his prediction for 2018? He was expecting 25k at 10k and bitcoin went down toward 5k so he was like 5x wrong. Pretty much like if you'd say now that bitcoin is going to 60k this year and instead it went to 16k Cheesy

All those smartasses like McGlone who in 2021 said that bitcoin is going to 100k but it went to 30k instead and then lower... Now the same guy is telling everyone that bitcoin will crash below 20k once more this year and some poor souls believe him because they don't care how wrong he was before. It's here and now that counts for them.

Quote from: STT on October 11, 2023, 01:24:20 PM

Interesting formation today is the peak fell from the 200 day average to meet the 50 day average below, if we remain in that gap bouncing between them I think it remains quite a bullish setup.

Pretty normal if you ask me. We'll need something big to move above the 200 like an ETF approval, Gensler being kicked out of his chair, a FED pivot, or something like that.
Some of these will eventually happen, just a matter of time.

STT

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Interesting formation today is the peak fell from the 200 day average to meet the 50 day average below, if we remain in that gap bouncing between them I think it remains quite a bullish setup. A trader I follow said the harder pullback was a better setup for a future rise because it wrings out the sellers before the buying later which is ideal for a larger move upwards, ideally we dont want to repeat BTC prices we want to break that upper ceiling to movements in price.
We've been repeating since August 2 months already, we got these moving averages which are both important but also not real fixed resistance. If true and they are just shadows moving we should be fair to regain 30k

m2017

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Quote from: ImThour on October 04, 2023, 08:53:16 AM

As the topic title says, here is a Daily Timeframe chart that shows how Bitcoin broke the resistance trendline and is now at a great 0.33 Fibonacci support level.
It will be going up for sure from here and the first target will be the 0.66 Fibonacci Level i.e. $29.4k and then $31k.

Let me know what do you think is about to happen.

Now I will show you where the Bitcoin Up Move Incoming was being prepared from.

Of course, bitcoi will rise, but not because of your “these charts and timeframes or Fibonacci levels”. And because the 4-year cycle is nearing completion, the reward for block will be reduced and the demand for btc will be boosted. This is "global", but "locally" it will depend on the information background and news, the demand for purchase.

How do you explain if your forecast doesn't come true? How will you justify yourself?

Captain Corporate

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We have to remember that these are just made up stuff, not really a known thing, so do not trade based on just this thinking this is a knowledge. But I also agree with OP as well, a move upwards is coming, it looks like it could definitely get to a point where it could make some money. I am not saying that it is not all that terrible, but that doesn't mean that we are not going to end up with anything that would be all that troublesome. I hope that we could get to a point where it would make more sense, but that doesn't mean that we are not going to end up with something that would be impossible to arrange. If we all get hyped at the same time, we all could make it go up.

Doan9269

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Quote from: wxxyrqa on October 09, 2023, 11:28:07 AM

Quote from: Pejoh Asu on October 08, 2023, 09:11:54 PM

Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

The future of cryptocurrencies, like any other future, cannot be accurately predicted. But that doesn’t stop crypto enthusiasts from speculating about where Bitcoin will go.
Large-scale growth must have a serious reason, or better yet several reasons at once, including mass popularity and market euphoria.

Every predictions we made were based on the present research taken on the current market status and the previous years performances, this is also what every cryptopreneurs leverage on because they understand the reality of what is invol in making an investment on digital currency and bitcoin in most cases than risking their asset on coins that have no much future plan to last long, this same digital currencies have brought in so many opportunities for the people globally and on the same way people targeted the market pump to make their return on investment whenever they buy the dip and hodl, we are expecting more of this bull market henceforth than the bear.

_BlackStar

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Quote from: Yaunfitda on October 11, 2023, 04:20:08 AM

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

-snip-

Yes, as we are technically in the bear market still, it's a good chance to accumulate as many as we can. The lowest low in this bear market is about $15,500, and if we compare it the current price, it's almost double. But in the last 6 months, the price seems to be in the sideways. So for me, I buy if I have some budget in this current price and then HODL on it till next year.

I wouldn't say the market is still bearish right now - but the market has recovered since the bottom of $15,500. Sideway is a conclusion I think is more appropriate between $26k - $28k - but I hope we test $30k again this time. Of course you can accumulate as much as you can - but make sure you have enough for everything you need instead of focusing too much on accumulation.

You can sell whenever you want as long as you make a profit - but the main condition is of course that you have those bitcoins in your wallet. Many people say they buy and accumulate - but I'm sure not everything they say can be trusted.

Quote from: Yaunfitda on October 11, 2023, 04:20:08 AM

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

-snip-

This is what I'm saying, HODL for the long term. Although the block halving is fast approaching, we can still buy at this price and consider it at a discount. Because once we hit the bull run after the halving, the price couldn't be stop and we will go on another parabolic spike similar to the last bull run we have and then we should be looking at what will be the ATH in the next 2 years.

Yes - simply hold your bitcoins in a non-custodial wallet, waiting until you actually get your targeted return. We never know when a new ATH will be hit - but until then, prepare your portfolio well. If you have done it - then you seem to be ready for the best consequences.

Yaunfitda

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Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

Quote from: Pejoh Asu on October 08, 2023, 09:11:54 PM

Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

The market is still sideways - so it is always possible for you to make an accumulation effort.
I agree that the current price of bitcoin is still too cheap compared to a few months ago - so take advantage of this momentum to get a lower average cost if you have the budget.

Yes, as we are technically in the bear market still, it's a good chance to accumulate as many as we can. The lowest low in this bear market is about $15,500, and if we compare it the current price, it's almost double. But in the last 6 months, the price seems to be in the sideways. So for me, I buy if I have some budget in this current price and then HODL on it till next year.

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

Buy now and hold for the long term - after that you can expect ATH. But on the other hand - if you don't have anything in your account, then I don't know what you are talking about even if there is one truth being said.

This is what I'm saying, HODL for the long term. Although the block halving is fast approaching, we can still buy at this price and consider it at a discount. Because once we hit the bull run after the halving, the price couldn't be stop and we will go on another parabolic spike similar to the last bull run we have and then we should be looking at what will be the ATH in the next 2 years.

GeorgeJohn

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Based on this chart it letting you know that know that the market of cryptocurrency is something that is going to be promising and it will propagate in time coming but its fluctuating for increment and also on decrement, what I really understand in cryptocurrency and especially bitcoin is that you have to look into the market very well before you conclude basically.

The chart is showing in another way round that bitcoin will increase because the candle sticks is showing more of positive than the negative so therefore their is every tendency that the price of bitcoin will get accelerated quite a little but not in the aspect of having ambiguous kind of bitcoin price, so bitcoin price is what I believe that it will rise unexpectedly in 2024 but showing the signs of increment in 2024.

_BlackStar

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Quote from: lionheart78 on October 09, 2023, 06:24:41 PM

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

-snip-

Not only compared to a few months ago, also, if we look forward for the bull market kicking in, the current market price will be really too cheap because in the next couple of year we might witness another record breaking ATH.

I compare it to as close a time frame as possible so they understand it correctly. Doubts always exist on the part of those who don't yet fully know how the markets work - but that's not the case for those who already understand the markets and have been in the markets for several previous bullish periods.

We all know that there is good potential for bitcoin in the future, especially in terms of price. Buying it now is the recommended option - but if they don't understand it properly yet, then the best advice is to keep learning it. Good opportunities don't come along all the time - so I really force myself to take advantage of them even in small portions.

Quote from: lionheart78 on October 09, 2023, 06:24:41 PM

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

-snip-

Rightly said, it would be an empty word if one keeps on telling people to accumulate when the person themselves doesn't have any holdings of what he is preaching.

In another sense - they deceive themselves without getting any return.

lionheart78

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Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

Quote from: Pejoh Asu on October 08, 2023, 09:11:54 PM

Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

The market is still sideways - so it is always possible for you to make an accumulation effort.
I agree that the current price of bitcoin is still too cheap compared to a few months ago - so take advantage of this momentum to get a lower average cost if you have the budget.

Not only compared to a few months ago, also, if we look forward for the bull market kicking in, the current market price will be really too cheap because in the next couple of year we might witness another record breaking ATH.

Quote from: _BlackStar on October 09, 2023, 01:18:57 PM

Buy now and hold for the long term - after that you can expect ATH. But on the other hand - if you don't have anything in your account, then I don't know what you are talking about even if there is one truth being said.

Rightly said, it would be an empty word if one keeps on telling people to accumulate when the person themselves doesn't have any holdings of what he is preaching.

_BlackStar

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Quote from: Pejoh Asu on October 08, 2023, 09:11:54 PM

Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

The market is still sideways - so it is always possible for you to make an accumulation effort.
I agree that the current price of bitcoin is still too cheap compared to a few months ago - so take advantage of this momentum to get a lower average cost if you have the budget.

Buy now and hold for the long term - after that you can expect ATH. But on the other hand - if you don't have anything in your account, then I don't know what you are talking about even if there is one truth being said.

wxxyrqa

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Quote from: Pejoh Asu on October 08, 2023, 09:11:54 PM

Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

The future of cryptocurrencies, like any other future, cannot be accurately predicted. But that doesn’t stop crypto enthusiasts from speculating about where Bitcoin will go.
Large-scale growth must have a serious reason, or better yet several reasons at once, including mass popularity and market euphoria.

doomloop

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Quote from: yudi09 on October 05, 2023, 07:32:12 AM

The current market action in 7 days can be seen that the graph starting 1 Oct is already above the price that occurred in the last four days of September. Market price movements don't just happen like a magician performing an act in public. Market price movements and declines can occur in different ways depending on how much demand there is.
Developing news is one of the causes of rising and falling prices, but basically rising and falling prices really depend on supply and demand.
The bitcoin market is currently trying to reach the $28k price support. If sales levels are still high, it is difficult to increase.

The market works like a Magic actually because sometimes an event can just happen without us expecting it but I understand that there are also times where the movements are way too slow or it is only stable. I don't really find it as a disadvantage but it was actually great because it doesn't make us feel bored. The " Development " word seems positive so I think only a rise in the price are a cause of it. That's right, price works based on supply and demand, but if the project continues to develop, the demand for it also rises because people are happy about it. We already reached $28k before but don't worry as we can reach it again easily.

Pejoh Asu

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Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.

DanWalker

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Quote from: WatChe on October 08, 2023, 12:34:04 AM

Quote from: DanWalker on October 07, 2023, 02:34:51 AM

Because I believe history will repeat itself and October was a positive month for bitcoin, the $31K target will happen this month and next, but I don't think the market will go up from here for now until halving occurs. I mean, we will still have many corrections and bitcoin may still fall below $25k or $23k before the halving.

The target of $40k by the end of the year is actually quite a lofty target for me, I don't think bitcoin can reach $40k before or after the halving. It will take some time after the halving for bitcoin to start running and the bull season to truly arrive. It's all just our guess and let's wait and see what happens.

Halving is the most awaited event at the moment but it will take year or a half before we can see price going up. This speculation is based on last two halvings pattern. But the good thing is we see stable price for few months now and this is very positive sign. There were few dips and price went down to 25k$ but it recovered back well. 30k$ is a strong barrier and is not allowing Bitcoin to go pass. This will be another attempt for Bitcoin to cross 30k$.

This is something that many people are ignoring, people are just waiting for the halving to happen but forget one thing: the bull season only comes 1 year after the halving takes place, bitcoin will not increase in price immediately when the halving ends. Therefore, people mistakenly think that the closer we get to halving, the more bitcoin cannot correct or decrease in price and the market will only go up.

Yes, the price is fluctuating around 25k-30k, and many people think it's boring, but actually, the price is stabilizing quite well because there are no major corrections happening. $30k, I believe bitcoin will breakout this month but what happens after that is hard to say. Because as you and I mentioned, bull season will only come 1 year after halving, meaning we are still quite far from bull season and many bad things can still happen.

WatChe

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Quote from: DanWalker on October 07, 2023, 02:34:51 AM

Because I believe history will repeat itself and October was a positive month for bitcoin, the $31K target will happen this month and next, but I don't think the market will go up from here for now until halving occurs. I mean, we will still have many corrections and bitcoin may still fall below $25k or $23k before the halving.

The target of $40k by the end of the year is actually quite a lofty target for me, I don't think bitcoin can reach $40k before or after the halving. It will take some time after the halving for bitcoin to start running and the bull season to truly arrive. It's all just our guess and let's wait and see what happens.

Halving is the most awaited event at the moment but it will take year or a half before we can see price going up. This speculation is based on last two halvings pattern. But the good thing is we see stable price for few months now and this is very positive sign. There were few dips and price went down to 25k$ but it recovered back well. 30k$ is a strong barrier and is not allowing Bitcoin to go pass. This will be another attempt for Bitcoin to cross 30k$.

Silberman

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Quote from: Gozie51 on October 07, 2023, 03:04:20 PM

Quote from: Japinat on October 07, 2023, 08:18:03 AM

The situation is still uncertain but if the current momentum stays, will get high again back to $30k. Well, I haven't expected the strong support but the chart something shows us the reverse trend of the market after a few months of a declining sentiment. I know this is just speculation but I am positive that we are all in the rising sentiment until the year ends. Well, I guess the accumulation time is over as we are heading to bullish again before halving.

IMO I don't think nothing stops someone from accumulation through DCA even as it is looking like the price is getting ready for bull. In fact, it is the best time for accumulation at times like this because it gives quicker return for the short time buyers.

That apart, the sentiment for the price is hanging on bull with the appreciation of last month and the continued steady ride up, the stronger hands have kept hodl and those who are short time investors also hodling in expectation for next year.

The DCA strategy can be used at any time, it is just that like any other strategy the greater benefits for a long term holder will come when you buy for the cheapest possible price, and I still think the current prices are a very good entry point for those that want to obtain significant profits during the next bull run, however we are getting to the point in which the time is running out, and the people that want to buy bitcoin needs to start now or they risk buying most of their bitcoin when the upward movement takes place and pay more for their bitcoin than what they could have paid for if they took the decision to buy it earlier.

KingsDen

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Quote from: ImThour on October 04, 2023, 08:53:16 AM

As the topic title says, here is a Daily Timeframe chart that shows how Bitcoin broke the resistance trendline and is now at a great 0.33 Fibonacci support level.
It will be going up for sure from here and the first target will be the 0.66 Fibonacci Level i.e. $29.4k and then $31k.

Let me know what do you think is about to happen.

Bitcoin movements is not in the upward direction. But what I don't know is how much upward the price will move. The bitcoin price actually consolidated last month and this actually the month of upward movement.
October may likely give us a support at 28k and if we achieve that, further movement upwards is eminent.

This is actually a time to be very close to the chart because big drama can just happen within a short time

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Quote from: Japinat on October 07, 2023, 08:18:03 AM

The situation is still uncertain but if the current momentum stays, will get high again back to $30k. Well, I haven't expected the strong support but the chart something shows us the reverse trend of the market after a few months of a declining sentiment. I know this is just speculation but I am positive that we are all in the rising sentiment until the year ends. Well, I guess the accumulation time is over as we are heading to bullish again before halving.

IMO I don't think nothing stops someone from accumulation through DCA even as it is looking like the price is getting ready for bull. In fact, it is the best time for accumulation at times like this because it gives quicker return for the short time buyers.

That apart, the sentiment for the price is hanging on bull with the appreciation of last month and the continued steady ride up, the stronger hands have kept hodl and those who are short time investors also hodling in expectation for next year.

jaberwock

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Quote from: Bitcoin_people on October 05, 2023, 09:53:35 PM

We are much ahead of the market, and the Bitcoin market has started to grow. In September we saw the Bitcoin market drop to around $24,000. But from there some amount of pumping moved again between $25,000 and $26,000 where Bitcoin was fluctuating. But when the new month of October begins, we see some change in Bitcoin. The Bitcoin market pumped from $26,000 to $28,000 again at the start of October. Following that we can be sure that the market can cross $31k this month as we will see if the market starts pumping. We can expect that the Bitcoin market will go well this month and we can expect the price of Bitcoin to hit $50,000 before the halving this year.

Not ahead because the price are still minimal or the increase that have occurred lately was only tiny. If it's about us regular people, there is no way for us to be ahead of the market because we don't know what is approaching ahead.

Maybe the ones that are ahead are those big guys because they can use all their money to gain an advantage before the rest of us knows it. October is just starting and even though the sentiment seems positive I think I haven't seen the price to recover at $28k yet but it was only at $27k. How I wish we can break $31k, as it was always the dream of the many and maybe that can continue to at least $50k this year. That is still a nice bump.

Topic: Bitcoin Up Move Incoming - page 2. (Read 555 times)