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Topic: Bitcoin will rise or fall. (Read 612 times)

legendary
Activity: 2534
Merit: 1338
December 31, 2021, 01:27:39 PM
#91
Since the last few weeks bitcoin has experienced a very deep price decline which has caused the bitcoin price to be at the level of $42k. However, currently the bitcoin price has started to rise where the bitcoin price has again broken through the $51k resistance level in the last 24 hours. I'm sure the current price increase will continue until early next year so bitcoin will set another new ATH record.
I have no doubts that during the next year we are going to see a new ATH for bitcoin, however when this will exactly happen is something that no one really knows, after all as you have pointed out the price is having a lot of problems to grow and each time the price goes above the 50k level the bears begin to push the price down as well, however the fact that they cannot push it below the 40k level tells me there is accumulation taking place, and once the whales are happy with their holdings the price will begin to go up once again.
member
Activity: 728
Merit: 48
December 30, 2021, 04:15:35 PM
#90
Since the last few weeks bitcoin has experienced a very deep price decline which has caused the bitcoin price to be at the level of $42k. However, currently the bitcoin price has started to rise where the bitcoin price has again broken through the $51k resistance level in the last 24 hours. I'm sure the current price increase will continue until early next year so bitcoin will set another new ATH record.
legendary
Activity: 2534
Merit: 1338
December 28, 2021, 12:36:14 PM
#89
Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
The price is having huge problems staying above 50k, after it went above that level it has gone below it after a few days, the truth is that the market is undecided about what direction to take as it is not clear the direction the economy will take either, so the only thing we can do is to wait, in fact I would not be surprised if the current market conditions lasted for a long time, however that is a good thing as it give us the chance to buy some bitcoin for a stable price while we wait for the bull market to resume.
full member
Activity: 1190
Merit: 108
December 28, 2021, 10:16:34 AM
#88
IMHO bitcoin will go up again like the previous year, based on the data the increase will go down first as what happen today.
But don't worry because this decline is still within normal limits based on data, there will be a decline to $40K-$42 then it will come back slowly and surpass ATH this year. I think there will be a brand new ATH in February 2022, we will see that later.
legendary
Activity: 3080
Merit: 1353
December 25, 2021, 10:43:01 PM
#87
bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.

I don't think we can consider this normal, well this could be a 'normal Christmas pump'. But after this I'm seeing the price going down again to $48,000 for some time and it might trade sideways until we will see a good "New Year pump".

So the real price movement will be the start of next year, it will spell whether we are in the bullish or bearish trend so better watch early so that we can make our investment and trading adjustments.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
December 25, 2021, 01:56:35 PM
#86
The price is very volatile. In the short run, the price may go up or down due to volatility, but in the long run, the price will always go up. Just look at the charts and compare the price. Zoom out and you will see that the price of the bitcoin is always higher when comparing with price few years ago. So if you are asking will the price go up within next few days, then no one can answer your question with certainty. If you are asking will the price go up within next few years, then yeah, there is a very high chance the price will be higher than it is now.
sr. member
Activity: 2506
Merit: 368
December 25, 2021, 12:39:59 PM
#85
bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.
If this is how Bitcoin going to behave in the same manner just like in the past few days where it just bouncing back and forth from $47k to $49k then, it might take for a while before we get to see a new ATH. Not unless if there's a good news that would create a FOMO to investors and traders.

I believe that would be the triggering point before Bitcoin starts to break almost everything until it hits a new ATH. We shouldn't worry something that isn't coming yet but what we must be worried is what we could do today that would reflect something to us tomorrow.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
December 25, 2021, 11:01:53 AM
#84
bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.
hero member
Activity: 2870
Merit: 594
December 25, 2021, 06:54:46 AM
#83
As usual bitcoin still seems like into bullish in long run and in short term might be in sideways.
At least we are not into bearish trend like how were doing lat week. Year-end is always a typical situation like for bullish years, it have turned bearish and for sideways/bearish years, it was a perfect open door for trend change.
Yeah, it seems that this last two weeks will be bullish at least trying to get to $52k.

November's last week and December's first 3 weeks were dominated by bearish and sideways trend hence we could expect bullish actions from here onward even this year had bullish trend at most of the months. This year might be a different bullish year from previous such years like we had ATH by April itself and then we had approximately same ATH again in November which are trying to indicates us long lasting bullish trend unlike previous cycles. It means bitcoin may keep rising for next few more months as political news are just settling down and people may resume to continue their accumulation like before.
It's really interesting what will be the year 2022 will bring to us. I don't count the last two weeks, as I have said, I'm expecting it to be bullish. However, next year will be very interesting, as I have said, if we didn't get over $50k this end of year, we might be in a bearish mode. But since we are around that price, maybe the sentiments might chance for bullish in the next first quarter.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 25, 2021, 01:21:55 AM
#82
As usual bitcoin still seems like into bullish in long run and in short term might be in sideways.
At least we are not into bearish trend like how were doing lat week. Year-end is always a typical situation like for bullish years, it have turned bearish and for sideways/bearish years, it was a perfect open door for trend change.

November's last week and December's first 3 weeks were dominated by bearish and sideways trend hence we could expect bullish actions from here onward even this year had bullish trend at most of the months. This year might be a different bullish year from previous such years like we had ATH by April itself and then we had approximately same ATH again in November which are trying to indicates us long lasting bullish trend unlike previous cycles. It means bitcoin may keep rising for next few more months as political news are just settling down and people may resume to continue their accumulation like before.
sr. member
Activity: 2660
Merit: 339
December 25, 2021, 12:42:43 AM
#81
bitcoin will stay at the current price for the next few days and will start before the end of this year so that can be our gift to see bitcoin is at a high price.
You are already accurate; bitcoin seems trading sideways for more than last 24 hours which must be a simple indication for getting ready for stronger bullish rally. This way, I guess we can enjoy a nice gift around the times of new year. Let's wait and watch; bitcoin will rise for sure.

it will fall this year and maybe in the next as the growth from the beginning of 2021 is really Huge and we are very greedy to expect more from this point.
Nothing is huge when considering the potential adoption by individuals and institutions; hence you sound pessimistic rather than seeing speculators as greedy. In last cycle, bitcoin showed some ~20x growth but in this cycle so far only ~3x growth hence more bull actions yet to come.
full member
Activity: 2548
Merit: 217
December 25, 2021, 12:19:55 AM
#80
Hello beautiful people,

What you think bitcoin will rise or fall.

According to the improving position of Bitcoin here https://coinmarketcap.com/currencies/bitcoin/ the opportunity of increasing is very Low comparing to Stabling or at least dumping a little.

so practical answer? it will fall this year and maybe in the next as the growth from the beginning of 2021 is really Huge and we are very greedy to expect more from this point.

Lets see in the last quarter of 2022 .
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 24, 2021, 08:36:44 PM
#79
Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
If bitcoin will not return below $50k in the next couple of days, then there are really chances that bitcoin will now start to recover and boost its price to skyrocket again. But if the correction is not over yet, then bitcoin price will fall again and even reach below $40k as it will create panic buying for those who can't wait to reach deeper than that. Buying at a dip price will always be a good strategy but needs more patience to wait for the coin to skyrocket.
Hopefully, bitcoin will stay at the current price for the next few days and will start before the end of this year so that can be our gift to see bitcoin is at a high price. The correction will always come so you better prepare yourself by always some funds to buy back bitcoin, especially if you decide to buy low and sell high because I guess that moment will come many times in the following days. I am still worried if the price somehow gets another dump and jumps down to the lower level. But I wish that will not happen and only increase the price, although the correction will happen many times.
member
Activity: 530
Merit: 10
December 24, 2021, 06:27:01 PM
#78
in the long term the price of bitcoin will rise, this has been proven by the history of bitcoin because it has been proven since it was first released until now the price of bitcoin continues to rise. but for the short term I would say the bitcoin price will go down because currently the bitcoin price is entering a bearish phase and I think the current bearish phase will last quite a while.
hero member
Activity: 2996
Merit: 609
December 24, 2021, 06:00:14 PM
#77
Be it a rise or fall for BTC, if your ultimate goal is to make money, then simply buy a few chunks of BTC whenever you see it going back to its specific supports, and when you watch it getting pumped up, you may decide to sell or hodl. Even if you sell, you sell in profits so no regrets here. Again you wait some time and see BTC at those levels or even lower support levels (if you are sure that BTC may fall further), you may use 45-55 strategy to allocate your money on those areas. This isn't a financial advice though and must be DYOR before you jump into any crypto assets.  Wink
Make money out of those movements which is the primary target or goal you do have in mind on this market and its a typical for a trader to

do so because despite of those rise and falls then there would comes an opportunity for you to make profits depending on how wise you are
on getting in and getting out on securing your profits.Experience is the real deal on here because if you dont make yourself be wise
and some mix of luck based up on intuition then you wouldnt really able to sustain into this market.
legendary
Activity: 3052
Merit: 1273
December 24, 2021, 04:41:32 PM
#76
Be it a rise or fall for BTC, if your ultimate goal is to make money, then simply buy a few chunks of BTC whenever you see it going back to its specific supports, and when you watch it getting pumped up, you may decide to sell or hodl. Even if you sell, you sell in profits so no regrets here. Again you wait some time and see BTC at those levels or even lower support levels (if you are sure that BTC may fall further), you may use 45-55 strategy to allocate your money on those areas. This isn't a financial advice though and must be DYOR before you jump into any crypto assets.  Wink
sr. member
Activity: 2506
Merit: 368
December 24, 2021, 04:34:07 PM
#75
Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
If bitcoin will not return below $50k in the next couple of days, then there are really chances that bitcoin will now start to recover and boost its price to skyrocket again. But if the correction is not over yet, then bitcoin price will fall again and even reach below $40k as it will create panic buying for those who can't wait to reach deeper than that. Buying at a dip price will always be a good strategy but needs more patience to wait for the coin to skyrocket.
I think it will not going to drop below $50k this time since it just got unlock a new level of resistance to unlock next time. I think we might as well see a price going up and down this time with a price of $50k to $52k and if not then it will proceed to break a new resistance again. This pace will make Bitcoin to sustain the price slowly and surely until it touches through $70k or $100k?

One thing that would really trigger the price correction is if there's a FUD and it will basically create a panic to the community. But I trust these guys since we endured all of the painstaking price grind this year until next year except for the weak-hands.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
December 24, 2021, 03:22:41 PM
#74
If it ends this year with $55k then its a good sign. There's a possibility that we won't see that cheap $46k again. I hope.
IMO, whales took their profits for this year and as soon as it went to a lowest price they bought it back. The correction is over, the bear market is also done so I guess we all know what's next. We don't even need Elon Musk to invest in bitcoin again as the hype really never fades ever since the world knew what Bitcoin is. Time will just tell but I am positive the next year will be a good one.
I do not know where we will end, but I am pretty sure both could be achieved and it wouldn't change much. We could literally become 46k and then 55k and this doesn't mean that we will skyrocket and be 80k+ or something, or we could be 55k+ and then drop to 45k and it wouldn't mean we will crash and keep going down. Bitcoin is a weird thing when it comes to market movements, even though it is very volatile, it also doesn't move at all times like how you expect it to move, you expect it to move a lot differently and then it just stops.

Like we all know bitcoin is capable of going to 68k right? We saw it on the first 10 days of October and how it nearly did a 2x and then some in a very short span of time, then you see it go from 45k to 50k in an hour and you think "oh boy here we go!!!" and then it just stops. Why did the October one skyrocketed that much, and why did this one stopped? We have no idea.
hero member
Activity: 3052
Merit: 606
December 24, 2021, 12:22:14 PM
#73
Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
If bitcoin will not return below $50k in the next couple of days, then there are really chances that bitcoin will now start to recover and boost its price to skyrocket again. But if the correction is not over yet, then bitcoin price will fall again and even reach below $40k as it will create panic buying for those who can't wait to reach deeper than that. Buying at a dip price will always be a good strategy but needs more patience to wait for the coin to skyrocket.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 24, 2021, 09:54:31 AM
#72
Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
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