BTC bulls back? - page 3. | Bitcointalksearch.org

TravelMug

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Quote from: Sorryfor on March 21, 2023, 11:38:03 AM

Bitcoin is expected to cross $50,000 this year as the market is moving. Currently the market is in a bit of a balance and this is a good time to invest. This period is moving from a bear market to a bull market. The value of Bitcoin is expected to increase exponentially in the past year. The price of Bitcoin has changed a lot this week so the Bitcoin market is likely to change more in the past few days.

Don't get excited though with this kind of predictions, if it could hit that price then good, if not then what we are going to do?

Yeah, most likely the bulls is back, but it was out of necessity, the US banking crisis brings more money right now or at least for this year. And technically we aren't in the bull market yet, so if there is a lessons from the past, then we should be very careful on what is happening in the market right now. On the other hand, instead of waiting like for the price to hit $50k, why not DCA and just continue to buy?

Sorryfor

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Bitcoin is expected to cross $50,000 this year as the market is moving. Currently the market is in a bit of a balance and this is a good time to invest. This period is moving from a bear market to a bull market. The value of Bitcoin is expected to increase exponentially in the past year. The price of Bitcoin has changed a lot this week so the Bitcoin market is likely to change more in the past few days.

fzkto

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Quote from: Pujangga on March 19, 2023, 10:20:41 AM

Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

I also think that since January the bears have gone and the bull market has started, but I am not sure that we will see the old high this year. Usually a new ATH happens after the halving, and that won't be until a year from now. So a new ATH could be in two years if the four year cycles are to be believed. This year is more likely to be a recovery.

Semar Mesem

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The thing that makes users more loyal and stays in bitcoin is because of the potential for prices to go up at any time, sometimes prices drop significantly in a short time, or conversely sometimes prices quickly show signs of recovery, and what happened in january and march makes us sure that the bulls season has come, of course the price has skyrocketed not thousands of percent like altcoins because the bitcoin marketcap is very large.

Pujangga

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Since January when the price increased more than 40% then i believe that in 2023 the price will be close to ATH or even make a new ATH, this week the price has increased more than 35% and today the price is around $27300, i believe next week or this month the price will at $30k so that makes me even more excited to keep buying.

Furious 7

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Quote from: Quidat on March 15, 2023, 05:40:24 PM

Quote from: Furious 7 on March 15, 2023, 05:12:47 PM

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

This bear market is really a test of patience and faith towards Bitcoins potential if you are really that a true holder of it on which there's no assurance on where the market would be heading.
Therefore, for those who do get involvement or do able to step their foot on this market then you would really be needing to sustain or survive no matter what.On the current market condition,
and on the recent price pump of btc reaching out 26k then it wont really be that something that you could really be able to avoid to think that the bulls is back,
but eventually the price had bumped once again and goes back on where it was.

Basically something like this if we have ever been through it is actually not too much of a problem. But many new people make it seem like this is the end which actually makes me feel a little empathetic with that. The advice remains the same because of course holding back will be very good regardless of how the market conditions are what we have to care about is definitely the long term and right now that's the most important thing. It's just that there are still many people who really don't know what to expect at this time and continue to panic again and again in uncertain conditions.

Joshapat

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I'm sure many people didn't expect that in less than a week the price could go up more than 35%, in general this week it has gone up more than 31%, this is strong evidence that bulls are back, don't panic to sell because most will panic sell when you see a rising price and panic sell when you see a drop in price.

Quidat

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Quote from: Furious 7 on March 15, 2023, 05:12:47 PM

Quote from: OgNasty on March 15, 2023, 04:41:38 PM

It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

This bear market is really a test of patience and faith towards Bitcoins potential if you are really that a true holder of it on which there's no assurance on where the market would be heading.
Therefore, for those who do get involvement or do able to step their foot on this market then you would really be needing to sustain or survive no matter what.On the current market condition,
and on the recent price pump of btc reaching out 26k then it wont really be that something that you could really be able to avoid to think that the bulls is back,
but eventually the price had bumped once again and goes back on where it was.

Furious 7

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Quote from: OgNasty on March 15, 2023, 04:41:38 PM

It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

The hope is growing now but indeed the hope is clear to continue to improve in the long term as this is still a fraction of a percent of the previous massive downturn.
Holding on and being patient so you don't panic too much is still a good enough key to continue to make this feel more pronounced in the future. Now the $30k hope is still possible in 2023 at this time with their condition that they are still moving.

OgNasty

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It is starting to feel like the market is getting a little ahead of itself in the short term. Bulls seem to be back in a major way and there’s growing excitement amongst those that I know who are into crypto. It just feels like we might be witnessing some profit taking as the price has bounced from 20K to 26K in such a short period.

BrewMaster

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There is trouble abrewing

bulls never went anywhere, they were only waiting for the downtrend to finish to start pumping their money into the market. in addition to that there are always true bulls who are silently buying bitcoin in the downtrends when there is "blood on the streets" to make the most amount of profit.
in simple words if you buy bitcoin at $20k you win not when you start buying bitcoin after it went over $100k.

Davian144

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Quote from: Bitcoin2009 on March 15, 2023, 11:11:36 AM

Btc bull backs in 2023, of course, many have predicted, especially the trend that has occurred, namely when the price is on the floor, the next year will go to recovery then the following year will skyrocket, and what happened yesterday when the price rose almost 20% in 24 hours, of course is the thing that makes us more optimistic to buy and hold bitcoin in the long term.

Bullbacks on Bitcoin are of course still there and have not disappeared because as long as there are still many fans and enthusiasts of Bitcoin and it continues to grow every year, of course bullbacks will come again on Bitcoin so there are many people who are still very optimistic about this. I only hope for a price recovery within this year, so even if Bitcoin doesn't immediately bull back this year, I will also be happy with the gradual improvement in prices.

Bitcoin2009

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Btc bull backs in 2023, of course, many have predicted, especially the trend that has occurred, namely when the price is on the floor, the next year will go to recovery then the following year will skyrocket, and what happened yesterday when the price rose almost 20% in 24 hours, of course is the thing that makes us more optimistic to buy and hold bitcoin in the long term.

STT

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Theres an aggressive uptrend and people have said we remain under resistance but I think we have already traded above the 25k area in a significant way that can last beyond near term.

So long as this trend lasts and also various moving averages favor us then we can only conclude the bulls are back, the bullish trend is current meta. It is a harsh gradient which suggests it wont last too long but while it is in place it would be incorrect to go against this repeated positive movement within BTC.

Woodie

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Quote from: asrinur on March 04, 2023, 11:49:34 AM

It's important to note that predicting the future price movements of BTC is highly complex

Highly complex, I don't know about that but I believe one can develop the skills to read charts more actually by using techniques such as support and resistance or smart money concept's/ICT and for more technical analysis you could use Wyckoff or whatever it is that works for you that can help with the prediction of where and what price action is doing.
Guess it's just about getting the trading knowledge to see things more clear and definitely just to put it out there you won't always be right!

Quote from: asrinur on March 04, 2023, 11:49:34 AM

and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.

Right on the money, these are definitely external factors that will influence price to be either bullish or bearish and ignore the technical analysis side of trade ,which is why those that trade forex know that it's better to avoid trading news because this is when markets are highly volatile and unpredictable!

Smack That Ace

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Assalamu Alekum

Quote from: $crypto$ on March 14, 2023, 11:14:22 AM

Quote from: Smack That Ace on March 14, 2023, 10:49:50 AM

Quote from: Kadal Ijo on March 14, 2023, 09:53:46 AM

It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours, this is what makes bitcoin always attractive and worth a long term investment, but i wouldn't sell it now even 2 hours ago i bought it when the price was $25200.

And what will happen to your money if you buy bitcoin at 69k, and compared to the current price, your asset value will lose 70%? You can't compare bitcoin investment with bank savings, it's a lame comparison, if you want to compare, it's fairer than mentioning the risk of both.

If you invest short term, buying at $25.2k is not a good price to make a profit. But if it's a long-term investment, it's not a bad price, as long as bitcoin hasn't surpassed the old ATH, then we can accumulate bitcoin anytime.

Bank interest and the increase in bitcoin in comparison is unfair indeed because the risk is greater in bitcoin while the bank only maintains its stability so it's only natural that 17% requires 4 years in the bank because bank correlation is stability.

For me this is not a real increase, we will see bigger bullish than this, of course, who should we be for the long term, therefore buy defensively and keep bitcoin for a long time.
As many people have said recovery is happening.

Many even believe that there will be a new ATH this year. Optimism is a great thing, but I don't think we should expect too much because we will be disappointed if we don't meet our expectations. Investing needs to be realistic and with what's going on with the world economy so unstable, so expectations of a bull season or ATH are far-fetched. I'm not sure, but I predict this year is still a bear year, and accumulation would be more appropriate than expecting a bull year.

Baofeng

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Quote from: Kadal Ijo on March 14, 2023, 09:53:46 AM

It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours, this is what makes bitcoin always attractive and worth a long term investment, but i wouldn't sell it now even 2 hours ago i bought it when the price was $25200.

Yeah, it was a big surprised seeing the price rally again, 13% and then 17% today, and we've seen it goes to $26,500. Unfortunately, it didn't hold up again, X times that when we reach $25k and up, their is a huge selling point.

Now we are back to $24,700, but hopefully the Asian market will push it enough to reach $25k again and they stay their for good and become our support line and not the resistance. That is the scenario that we all wanted to see this March and say that the bulls is really back in the market. Because it seems that the bears can instantly change the course, just like in the last 8 hours or so.

buwaytress

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Quote from: DeathAngel on March 14, 2023, 09:23:31 AM

Really impressive breakout in recent days. I wonder if the pump is people front running a good CPI announcement by the FED today.

Absolutely took me by surprise too. Not sure I see how any kind of good CPI could cause this kind of buoyancy, particularly with last week's Powell words, but I'll take this surge with some enthusiasm (because man we need some more days above 25k!).

Not that there's any credence to Fed these days but I think they have moved swiftly to stem the collapse of banks... even reassuring the public it doesn't come from taxpayer funds (heh).

Quote from: Smack That Ace on March 14, 2023, 10:49:50 AM

Quote from: Kadal Ijo on March 14, 2023, 09:53:46 AM

It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours,

And what will happen to your money if you buy bitcoin at 69k, and compared to the current price, your asset value will lose 70%? You can't compare bitcoin investment with bank savings, it's a lame comparison, if you want to compare, it's fairer than mentioning the risk of both.

Gotta start recognising spam posts, man.

Many types, but this is the type that says they would buy/sell but in reality, they're just collecting shitcoins.

$crypto$

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Quote from: Smack That Ace on March 14, 2023, 10:49:50 AM

Quote from: Kadal Ijo on March 14, 2023, 09:53:46 AM

It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours, this is what makes bitcoin always attractive and worth a long term investment, but i wouldn't sell it now even 2 hours ago i bought it when the price was $25200.

And what will happen to your money if you buy bitcoin at 69k, and compared to the current price, your asset value will lose 70%? You can't compare bitcoin investment with bank savings, it's a lame comparison, if you want to compare, it's fairer than mentioning the risk of both.

If you invest short term, buying at $25.2k is not a good price to make a profit. But if it's a long-term investment, it's not a bad price, as long as bitcoin hasn't surpassed the old ATH, then we can accumulate bitcoin anytime.

Bank interest and the increase in bitcoin in comparison is unfair indeed because the risk is greater in bitcoin while the bank only maintains its stability so it's only natural that 17% requires 4 years in the bank because bank correlation is stability.

For me this is not a real increase, we will see bigger bullish than this, of course, who should we be for the long term, therefore buy defensively and keep bitcoin for a long time.
As many people have said recovery is happening.

Smack That Ace

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Quote from: Kadal Ijo on March 14, 2023, 09:53:46 AM

It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours, this is what makes bitcoin always attractive and worth a long term investment, but i wouldn't sell it now even 2 hours ago i bought it when the price was $25200.

And what will happen to your money if you buy bitcoin at 69k, and compared to the current price, your asset value will lose 70%? You can't compare bitcoin investment with bank savings, it's a lame comparison, if you want to compare, it's fairer than mentioning the risk of both.

If you invest short term, buying at $25.2k is not a good price to make a profit. But if it's a long-term investment, it's not a bad price, as long as bitcoin hasn't surpassed the old ATH, then we can accumulate bitcoin anytime.

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