as you mentioned 25k$ in February of this year so I will talk about its price that it's price enhances more than 25k$ and it goes up to 28k but now its slightly down from 28k$ to 27k$. So there is no accurate prediction about what will be its higher worth.
May be in coming month its cross the value of 28k$ and may be it become down again so we cannot say about its actual worth for the future. There is no one who will have definite information about the future of Bitcoin because market is not trustable and is not constant so we have to wait if we have some profit then selling some part of it is crucial while at lower price selling will be a foolish idea.
The market is not stable yet so we cannot say that what will happen but we should keep eye on price and group chatting for the information we want to follow for successful outcomes.
Topic: Bitcoin's second biggest weekly gain happened yesterday (Read 311 times)
For the long term I'm not worried about the performance of bitcoin, but in the short term it seems that the price will again fall below $ 20k, because the current price position is around $ 20,075 even on huobi it has fallen to $ 19985, of course we hope that positive sentiment will appear again and make the price it can rise again, if the price drops below $20k again it will take even longer time to recover or touch the ATH that happened 2 years ago.
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I don't know any negative news related to bitcoin price dropping significantly today, I thought the support area will hold $21k and will never drop below it, but my prediction was not right and the market has been going down non-stop for several days this week, March this year has also been bad for bitcoin and is no different from last year's moves, I hope to never see the price below $20k and a price recovery should happen soon to prevent the price from going any lower.
Today the Bitcoin price is still at $20K and not below that, but if the support area is not strong around that price range this month. So there is a possibility that the price will fall again, although I also hope that a quick recovery can occur in Bitcoin to prevent many people from panicking. Today I was surprised when I saw the price decline that continued to occur in Bitcoin, because this reminded me of last year where the decline was always more dominant in the market than the increase. At the moment the dip has gotten dipper since bitcoin lost about 3% further in the last one hour at the moment, bitcoin is struggling with the resistant level of $20kBTC price and this is one of the biggest drops since the rise in January and in February we witness similar drop but not as dip as this one.
But what I know is that it will not take up to 48 hours before we see the recovery will happen, and as it is, the 25k price has become a target to be achieved before the end of this month.
Just what kind of FUD makes Bitcoin to dip even dipper?But what I know is that it will not take up to 48 hours before we see the recovery will happen, and as it is, the 25k price has become a target to be achieved before the end of this month.
I expected it to be at least staying at $22k to $23k but things got more complicated although, Bitcoin need this in order to achieve the next higher resistance. But for now, they might just have to enjoy buying this dip and proceed to hodl for a long time since it won't budge yet after a week IMO perhaps a whole month will make a change of it. Though we never know what lies ahead but proceed with care since the market isn't just that easy to predict.
At the moment the dip has gotten dipper since bitcoin lost about 3% further in the last one hour at the moment, bitcoin is struggling with the resistant level of $20kBTC price and this is one of the biggest drops since the rise in January and in February we witness similar drop but not as dip as this one.
But what I know is that it will not take up to 48 hours before we see the recovery will happen, and as it is, the 25k price has become a target to be achieved before the end of this month.
But what I know is that it will not take up to 48 hours before we see the recovery will happen, and as it is, the 25k price has become a target to be achieved before the end of this month.
I have observed that Bitcoin's momentum has decreased since it reached the $25,000 mark, resulting in a failure to meet expectations 
.
Maybe it's not bitcoin that failed the expectations but the expectations were too high for the market that we're in?
The bears have been dominating the market, with losses amounting to half of the gains made this year since the beginning of March. At present, the price is trending towards the $21,050 range, and it is anticipated that the sell-off will not dip below $20,000, with a potential shift in direction expected before the week's end.
. Maybe it's not bitcoin that failed the expectations but the expectations were too high for the market that we're in?
The bears have been dominating the market, with losses amounting to half of the gains made this year since the beginning of March. At present, the price is trending towards the $21,050 range, and it is anticipated that the sell-off will not dip below $20,000, with a potential shift in direction expected before the week's end.
They've been dominating the market since November 2021, that's why it's called the bear market.
No dip below 20k? Like it was anticipated in 2022 that we wouldn't go below that level?
The only thing that I'm quite sure of is that the bottom is in. That said, we could go to 16k again and the bottom would still be in. The market is so manipulated with only 20% of bitcoin being liquid and tradable at any moment, that with enough pressure you can expect any exchange to crash, just like they did last year. Dos it change anything for bitcoin? No, because it's still going up after the halving, so unless you've got bills to pay and bitcoin as your last source of funds, you have no reason to worry.
I have observed that Bitcoin's momentum has decreased since it reached the $25,000 mark, resulting in a failure to meet expectations .
The bears have been dominating the market, with losses amounting to half of the gains made this year since the beginning of March. At present, the price is trending towards the $21,050 range, and it is anticipated that the sell-off will not dip below $20,000, with a potential shift in direction expected before the week's end.
. The bears have been dominating the market, with losses amounting to half of the gains made this year since the beginning of March. At present, the price is trending towards the $21,050 range, and it is anticipated that the sell-off will not dip below $20,000, with a potential shift in direction expected before the week's end.
The correction at the beginning of this month was not that big because the price was still able to hold on to $ 23k but if more negative news is released, there is a possibility that bitcoin will drop deeper to $ 21k-$ 22k. So prepare yourself for all eventualities and don't be late to buy at that low price.
I don't know any negative news related to bitcoin price dropping significantly today, I thought the support area will hold $21k and will never drop below it, but my prediction was not right and the market has been going down non-stop for several days this week, March this year has also been bad for bitcoin and is no different from last year's moves, I hope to never see the price below $20k and a price recovery should happen soon to prevent the price from going any lower.There was the US FED saying that inflation is not closing down and then Silvergate closing and filing for bankruptcy. So I guess this two negative news really put a lot of pressure in the market again in the last couple of days, specially for this week.
Now, we don't like what we have seen, as we are in the $20k'ish again.
Perhaps March will still continue and hold it's streak as one of the worst month for us.
The correction at the beginning of this month was not that big because the price was still able to hold on to $ 23k but if more negative news is released, there is a possibility that bitcoin will drop deeper to $ 21k-$ 22k. So prepare yourself for all eventualities and don't be late to buy at that low price.
I don't know any negative news related to bitcoin price dropping significantly today, I thought the support area will hold $21k and will never drop below it, but my prediction was not right and the market has been going down non-stop for several days this week, March this year has also been bad for bitcoin and is no different from last year's moves, I hope to never see the price below $20k and a price recovery should happen soon to prevent the price from going any lower. 
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
I think this is just another hype and correction meaning there are chance that this will happen again and again as we are going to pump as the Halving near to come?there are year or 2 that needs to wait and let us see when to happen but for now?
maybe contented in the price is what we need and also take the advantage to buy more while the price is cheaper than the potential price in the next couple of years.
And today I was also surprised when I saw the lowest price on Bitcoin which was even below $22K, although not so long ago it immediately returned to above $22K again. This means that the $22K level is the lowest price this month before Bitcoin shows a better price than last month on the market, so I am also still very optimistic that Bitcoin still has greater support for the next increase this month even though today's correction surprised me a little
Before that I also thought bitcoin would correct at 22k4 and close the candle at that ceiling before the end of the month, but my prediction was wrong, bitcoin still shows a guaranteed $23k. Maybe that is the next bottom with greater support. Last week of February correction is generating optimism and that is what I believe bitcoin will make even bigger stops to break 30k soon
And today I was also surprised when I saw the lowest price on Bitcoin which was even below $22K, although not so long ago it immediately returned to above $22K again. This means that the $22K level is the lowest price this month before Bitcoin shows a better price than last month on the market, so I am also still very optimistic that Bitcoin still has greater support for the next increase this month even though today's correction surprised me a little
Before that I also thought bitcoin would correct at 22k4 and close the candle at that ceiling before the end of the month, but my prediction was wrong, bitcoin still shows a guaranteed $23k. Maybe that is the next bottom with greater support. Last week of February correction is generating optimism and that is what I believe bitcoin will make even bigger stops to break 30k soon
And today I was also surprised when I saw the lowest price on Bitcoin which was even below $22K, although not so long ago it immediately returned to above $22K again. This means that the $22K level is the lowest price this month before Bitcoin shows a better price than last month on the market, so I am also still very optimistic that Bitcoin still has greater support for the next increase this month even though today's correction surprised me a littleQuote
The price of Bitcoin (BTC) has fallen more than 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning crypto-friendly bank Silvergate Capital.
The price drop has wiped $22 billion from Bitcoin's total market capitalization, which is now at $430.9 billion, according to Cointelegraph Markets Pro.
The price drop has wiped $22 billion from Bitcoin's total market capitalization, which is now at $430.9 billion, according to Cointelegraph Markets Pro.
https://cointelegraph.com/news/bitcoin-price-slides-5-in-60-minutes-hitting-two-week-low-amid-silvergate
Nevertheless, we should be positive that we can bounce back again to $23k-$24k range this month. $25k will be better as this seems to be the magic number as it is the biggest resistance right now.
Before that I also thought bitcoin would correct at 22k4 and close the candle at that ceiling before the end of the month, but my prediction was wrong, bitcoin still shows a guaranteed $23k. Maybe that is the next bottom with greater support. Last week of February correction is generating optimism and that is what I believe bitcoin will make even bigger stops to break 30k soon
And today I was also surprised when I saw the lowest price on Bitcoin which was even below $22K, although not so long ago it immediately returned to above $22K again. This means that the $22K level is the lowest price this month before Bitcoin shows a better price than last month on the market, so I am also still very optimistic that Bitcoin still has greater support for the next increase this month even though today's correction surprised me a little 
This movement is not to be relied upon by investors. It looks like the spikes coming from the slope of the last correction around $22k. I expect this kind of volatility once in a while until the first quarter of this year is exhausted and then second quarter will begin another phase of the rally until it gets closer to halving.
now we are in the last month of first quarter and yet we are in struggling to take high to 30k (as it is the resistance now) though we had a good spike from 14k to 25k and that is a good hype when 2022 is really a hard year for the whole market.22k correction might true and now we are trying to maintain this position and taking 25k as new positioning soon this march.
And the worst part is that the day is just starting out, if this negative trend continues we could close below 22k, a level we have not seen since February 14th.
This movement is not to be relied upon by investors. It looks like the spikes coming from the slope of the last correction around $22k. I expect this kind of volatility once in a while until the first quarter of this year is exhausted and then second quarter will begin another phase of the rally until it gets closer to halving.
now we are in the last month of first quarter and yet we are in struggling to take high to 30k (as it is the resistance now) though we had a good spike from 14k to 25k and that is a good hype when 2022 is really a hard year for the whole market.22k correction might true and now we are trying to maintain this position and taking 25k as new positioning soon this march.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
We are all tired of the fact that the price of bitcoin is not flying up, as it was before, and I think that this candle is just a coincidence of good news and buying by big players. And this is not some kind of signal, just a coincidence.
This movement is not to be relied upon by investors. It looks like the spikes coming from the slope of the last correction around $22k.
Before that I also thought bitcoin would correct at 22k4 and close the candle at that ceiling before the end of the month, but my prediction was wrong, bitcoin still shows a guaranteed $23k. Maybe that is the next bottom with greater support. Last week of February correction is generating optimism and that is what I believe bitcoin will make even bigger stops to break 30k soon 
This movement is not to be relied upon by investors. It looks like the spikes coming from the slope of the last correction around $22k. I expect this kind of volatility once in a while until the first quarter of this year is exhausted and then second quarter will begin another phase of the rally until it gets closer to halving.
Agreed. The recent market recovery has given investors a lot of confidence after the market's continuous downtrend. But now after the pullback of the market again the downtrend thinking has come back among the investors. The market is now in such a position that it is difficult to determine the future direction of the market in the short term.
This movement is not to be relied upon by investors. It looks like the spikes coming from the slope of the last correction around $22k. I expect this kind of volatility once in a while until the first quarter of this year is exhausted and then second quarter will begin another phase of the rally until it gets closer to halving.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
Does this mean anything specific for the future though? I understand that it was a good increase, and I am happy to see it, but are we going to see it keep going up, does this mean a start for the bull run? Or is it just a regular situation and nothing major?What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
I can't really say which one it is but I can say that it is definitely not what I can guarantee at this moment, it is definitely not a sure thing, maybe this big increase wasn't something good? I hope that it is something good, but I am guessing that it may not be at all as well. I don't mean that bitcoin will go down, hopefully it will go up, I am just saying that it is not a must at all, it may change.
The market will certainly change and maybe the $25k price can be reached again by the end of this month, anything is possible but of course we need big news to reverse the market correction but I believe that this year the price of bitcoin will be very high and hope it will be close to the price ath or even reach a new ath price, lots of hope for this year.
The month of February is not far away and it looks like it will be difficult for Bitcoin to rise sharply in three days from $23K to $25K even though that is a very likely thing for Bitcoin. But once Bitcoin has corrected, it always takes a little more time to rise and also needs a bit of good news to provoke a price pump in the market. I also believe that the Bitcoin price will be much better than the previous year this year, but it won't be soon before this correction is over. 
Don’t think too much. This might be just a market correction. Before taking any big steps, wait for few days and see the market. If we compare from OP’s post date, then today Bitcoins are at around 22k usd, so yes in the past 5 days we have seen Bitcoins struggling and falling down. So I won’t claim this type of situation as “Bear Market End”. Bitcoins are trying hard to break the 25k usd resistance and come up, but still we are seeing some pulls. End of February will definitely make it clear, where Bitcoins are projected to go. So let’s hope for best and wait patiently.
We we talk about when will the bear market ends, I don't think it would be this year. There's not much of bullish predictions this year though and people are anticipating something big next year for the next block halving. I'm expecting Bitcoin will roam around the region of $20k to $30k max in the coming months or even all throughout the year. It's better to not put our hopes high when we don't see any significant news that could potentially bring Bitcoin's price to a level where we are not considering a bear market anymore.
Don’t think too much. This might be just a market correction. Before taking any big steps, wait for few days and see the market. If we compare from OP’s post date, then today Bitcoins are at around 22k usd, so yes in the past 5 days we have seen Bitcoins struggling and falling down. So I won’t claim this type of situation as “Bear Market End”. Bitcoins are trying hard to break the 25k usd resistance and come up, but still we are seeing some pulls. End of February will definitely make it clear, where Bitcoins are projected to go. So let’s hope for best and wait patiently.
It doesn't mean that it is going to stay this way, of course it could change and be a bit different or it could take some time to go up, but it is at least very good as it is right now. I believe that 25k+ will happen soon enough, and more will follow that right afterwards, just looking at the chart, it looks quite possible.
The market will certainly change and maybe the $25k price can be reached again by the end of this month, anything is possible but of course we need big news to reverse the market correction but I believe that this year the price of bitcoin will be very high and hope it will be close to the price ath or even reach a new ath price, lots of hope for this year.People don't need to worry because this is part of the correction that always happens in the crypto market so they just need to use this moment to buy more.
We are all still waiting for another new ATH, which might happen at the end of the year or next year but if that doesn't happen, we shouldn't be disappointed and must keep waiting for the arrival of a new ATH if we want to get big profits.
This situation is only temporary and will reverse direction again and get another rise.
I bet you also want a price gain too more than the need for the bear. People have the assumption that a bear trap is going to happen so they think whales are behind the rise and fall of the price but you are right that it was only the nature of Bitcoin of being a volatile crypto. Bitcoin is too big too be manipulated easily. Halving could bring positive effects on BTC but we should not rush. The price can still be adjusting during or after the event.
We shouldn't rush to decide to sell in the current market, because the current movement is still normal after an increase, of course there are whales who take profits and they will start buying again for the next profit, so we shouldn't panic at the current price because there is no bad news. about cryptos and never existed, they will not be able to manipulate the market but the influence factor of news 'manipulation' will change the market price according to the impact of the news.We are still way above the 20k level and as long as this is the case I will consider this market to still be on the right track to finish the year above 30k, so anyone thinking about selling should just take their time and take it easy as the market is still doing just fine.
It doesn't mean that it is going to stay this way, of course it could change and be a bit different or it could take some time to go up, but it is at least very good as it is right now. I believe that 25k+ will happen soon enough, and more will follow that right afterwards, just looking at the chart, it looks quite possible.
The market will certainly change and maybe the $25k price can be reached again by the end of this month, anything is possible but of course we need big news to reverse the market correction but I believe that this year the price of bitcoin will be very high and hope it will be close to the price ath or even reach a new ath price, lots of hope for this year. 
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What I can deduce from this is that neither the whales nor anyone else are manipulating the bitcoin price. it is simply fluctuating like it always does (up and down). The bear market is currently ongoing and is not over. By the time of the halving season the following year, the price of bitcoin should reach its ATH.
It doesn't mean that it is going to stay this way, of course it could change and be a bit different or it could take some time to go up, but it is at least very good as it is right now. I believe that 25k+ will happen soon enough, and more will follow that right afterwards, just looking at the chart, it looks quite possible.
I bet you also want a price gain too more than the need for the bear. People have the assumption that a bear trap is going to happen so they think whales are behind the rise and fall of the price but you are right that it was only the nature of Bitcoin of being a volatile crypto. Bitcoin is too big too be manipulated easily. Halving could bring positive effects on BTC but we should not rush. The price can still be adjusting during or after the event.
We shouldn't rush to decide to sell in the current market, because the current movement is still normal after an increase, of course there are whales who take profits and they will start buying again for the next profit, so we shouldn't panic at the current price because there is no bad news. about cryptos and never existed, they will not be able to manipulate the market but the influence factor of news 'manipulation' will change the market price according to the impact of the news. 
If bitcoin didn't break through the $25k resistance price, why was there a need for the 13.5% gain price? Bitcoin has been circling about the $25k mark for the last few days and doesn't appear to be able to get there or over it yet.
Bitcoin did it. It already broke $25k last feb. 16 and then there was a follow up on the dates of; 19, 20, 21. You can see its historical price here: https://coinmarketcap.com/currencies/bitcoin/historical-data. Broken or not, people are always demanding for a price gain because this is the only way for them to earn a bigger profit.I bet you also want a price gain too more than the need for the bear. People have the assumption that a bear trap is going to happen so they think whales are behind the rise and fall of the price but you are right that it was only the nature of Bitcoin of being a volatile crypto. Bitcoin is too big too be manipulated easily. Halving could bring positive effects on BTC but we should not rush. The price can still be adjusting during or after the event.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
If bitcoin didn't break through the $25k resistance price, why was there a need for the 13.5% gain price? Bitcoin has been circling about the $25k mark for the last few days and doesn't appear to be able to get there or over it yet. What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What I can deduce from this is that neither the whales nor anyone else are manipulating the bitcoin price. it is simply fluctuating like it always does (up and down). The bear market is currently ongoing and is not over. By the time of the halving season the following year, the price of bitcoin should reach its ATH.
And we can't even maintain that level of increase, so that supposedly gain was just wipe out in a blink of an eye. That's why it should be steady gains that this kind of upswing that in the end we can't get nothing out of it, just saying.
So Bear market is not yet over by a long shot, and so ATH at the end of the year is not doable.
We should wait, the catalyst for a bull run is yet to happen this year.
So Bear market is not yet over by a long shot, and so ATH at the end of the year is not doable.
We should wait, the catalyst for a bull run is yet to happen this year.
There is no need to think whether it is the manipulation of the whale or the bear market is over or we will immediately see a new ATH because if there is a decline, we are experiencing correction again. And if the price can increase again after this, we will see a higher price than now. If you are a long-term Bitcoin holder, you don't need to worry about the current situation and will use it to buy more bitcoin. The target price for you to sell Bitcoin is that after Bitcoin only makes a new ATH, your profits can be big, and before the price touches the last ATH, it is still a good moment to buy bitcoin.
It is not about having one good increase, it's about having a few in a row. For example, if you have 7 day periods where it goes up even if just 5%, having 5 of them in a row would start a bull run and I would be very much happy to see it, I would buy as much as I could because that's start of a bull run.
But, if I see 25% increase in a single day, I would not consider that anything at all, sounds and looks very well, but something that happened in a day could be gone in a day as well, something that happened 5 weeks in a row would not go down that easily, and it's something we worked hard to build so we would not let it go crash that quickly neither.
But, if I see 25% increase in a single day, I would not consider that anything at all, sounds and looks very well, but something that happened in a day could be gone in a day as well, something that happened 5 weeks in a row would not go down that easily, and it's something we worked hard to build so we would not let it go crash that quickly neither.
Have we not learnt from past cycles that we don't see an ATH so soon after the last? Now I'm the first to acknowledge that cycles may no longer be as predictive, not the way we knew them, but even so, I struggle to find solid reasons for expecting another rally so soon after the first. That's ignoring everything else going on around us in terms of the economy (which, we're yet to find out the full extent of).
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
I still don't believe that we will see a new ATH this year. I'm more confident that this year will certainly be better than last year, but it's not difficult to achieve that either. I still think we won't see a new ATH before 2024 or even 2025. Of course it would be nice if it were different, but I can't imagine it under any circumstances. 
I don’t think it’s whale manipulation nor do I believe we will see a new all time high this year. The largest gains come at the bottom of markets which is what I believe we’re seeing here. The point in the cycle we’re in along with the FTX drama being behind us (as far as the damage it can do) shows that we’re well on our way to a recovery and we’re seeing a return to normal. Next year the hype will be back in full swing as we make our way to the previous high.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
It's the later, the price is currently fluctuating to $23,900-$24,100. And with that, we need to wait for more time to validate that $25k mark and remain on that price.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
First, it doesn't make sense for whale to manipulate the price, second, there could be whales in the market, but it's hard to spot them and as the market grow larger, and so is the influence of this so called whales.
NO, I'm not seeing a new all time high as the end of the year. We might not even touch our previous highs last 2021.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
Whatever will happen is still very much for all to see, but for now I don't think about a fallback even though I am looking at another price correction in Bitcoin right now. $ 25K is a very reasonable price for this month and it is still very possible that in the next month the price of Bitcoin can be even higher in the market.Quote
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
I don't think that the increase and correction in the Bitcoin price now is Whale manipulation, nor do I think that the Bear market is over so I won't make predictions for a new ATH at the end of this year. Because indeed Bitcoin still needs a bigger recovery this year so a new ATH might not happen immediately this year in Bitcoin. 
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
You know if you are a bitcoin long-term holder, you will not think about the weekly price movement in bitcoin. Whatever is happening now, my friend, is because there are investors positioned for the future.
Most people also know that as the value of bitcoin increases, others also follow that increase their value in the market, and these cryptos will not allow themselves to not follow bitcoin especially if they are included in the top altcoins.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
It is possible that the price will drop below 25k but that shouldn't be the problem because it will still rise up and gradually, the price will rise from time to time. From history 11% rise in a week is nothing compared to 11% in a day. Bitcoin price shoots up within a twinkle of the eye and you will be amazed about the how this happened.From bitcoin history there must be a halving before the price gets to ATH,which we haven't experience yet. We are expecting bitcoin halving by next year,and halving comes earlier than expected, we might experience it ending of this year. Therefore bitcoin will hit its ATH at 2025 maybe at the first quarter of that year or later in 2025. Be patient with your investment and gradually cyclic movement will repeat itself.
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What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
None of what you said.What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
Ok the market is up 11%. Is there any significant thing to that? I mean is it the first time we saw Bitcoin go up that price in a week? We've seen more Bitcoin's price increased way higher than that in the past months to years. Why does people have think of market manipulation or bear market is over or whatever it is if the market just went up 11% for a "WEEK". Remember it's a week not a day. We've seen Bitcoin going up more than 11% for a single day only, and yet there are people who are thinking negatively just because of what happened this week.
Amazing!!!Well, Bitcoin failed to surpass the $25,000 price again, and now sitting at the $24,000 range (nearly going below $24,000). Nothing new with regards to it's recent price movement. Just a regular price spike that's all. Don't think too much from it like it didn't happen in the past.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
bull might be here or this will be another trap? who really knows? because for me? I don't really care for now instead I will wait for the next couple of years to predict my final decision .
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
And yet by now the price is on the lower $24k, so still the biggest barrier for this month is $25, although we have broken it already, the price though didn't maintain and just when you think that we might a new ATH at the end of the year, it might not happen.
ATH only happens when we are in a full bull run, this ain't a bull run yet, we are still in the bear market and it just so happen that the price from the lowest low of $15,500 have bounce back to $25k. But very far from any indication that we are in a ATH run.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
Why should this price movement mean anything? Why couldn't it simply be the fact that people just simply bought bitcoin, because it's highly likely to be the case anyway? Everything doesn't need to have some grand meaning.
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Does the Bitcoin weekly gain give any indication?
Not normally. Normally technical analysis brings out patterns over many more weeks. In such a short term there is so much volatility which can be due to a variety of causes that it is difficult to draw conclusions. Such a rise was moderated the next day and now we are practically the same.
What it does look like is that unless there is a catastrophe we are going to go up gradually. It seems that the worst is over. The rubbish and excessive leverage have been cleaned up, we are gradually approaching halving (there is still a year and a bit left) and we are still at a very cheap level if we look at it from a historical perspective, so I think it will be normal to go up little by little, with ups and downs, but with an upward trend in the medium term.
11% for a weekly gain is fairly small. There are days when Bitcoin gains 11% in a day and even that is not considered major when Bitcoin in the past had 15-20% days.
We need to see how this weekly candle closes because if we engulf then it’s not looking good. We are going down mostly due to the high inflation numbers and people are worried about a 50bps hike in March. I think most people knew that another rate hike wasn’t off the table and we all knew that rates wouldn’t be cut in 2023 anyways.
We need to see how this weekly candle closes because if we engulf then it’s not looking good. We are going down mostly due to the high inflation numbers and people are worried about a 50bps hike in March. I think most people knew that another rate hike wasn’t off the table and we all knew that rates wouldn’t be cut in 2023 anyways.
we might see a new ATH by end of this year?
Not yet.Wait until the next year is over and we'll for sure going to see another ATH by that year end or by 2025. It's going to take a while again until we see it.
We're just 2 years away from the last and highest price that bitcoin has reached. The factor of halving is huge and that's why I'm saying that we might not see that by eoy. But nobody knows if something interesting happens by this eoy.
Does the Bitcoin weekly gain give any indication? In other words, if you tracked the index over the past years, you will get any pattern, or are you trying to be optimistic?
The resistance barrier at 25K has been tested several times, and I am sure that it is now weaker than ever, but is demand sufficient to overcome this resistance? The coming days will answer, but if we are not able to break this barrier during the next 10 days, then it is likely that we will return to test the support level at 21K.
The resistance barrier at 25K has been tested several times, and I am sure that it is now weaker than ever, but is demand sufficient to overcome this resistance? The coming days will answer, but if we are not able to break this barrier during the next 10 days, then it is likely that we will return to test the support level at 21K.
Yesterday Bitcoin had the 2nd biggest weekly gain in almost a year. At moment it is just hovering around the 25k mark. Either it might break this mark or we might see a fallback.
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
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