Buying at 35k? - page 4. | Bitcointalksearch.org

GreenStox

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Quote from: AnonBitCoiner on November 28, 2023, 11:17:29 PM

Quote from: naikturun on November 28, 2023, 02:58:25 AM

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.

I also doubt that bitfcoin will close at 50k this year, even though these 2 months bitcoin has always been bullish but december cannot be expected to happen the same.
For those who bought at the beginning of October and made a profit, you can sell now and then buy again if the price goes down in December.
or you can hold until the halving starts next year.

fzkto

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Quote from: AnonBitCoiner on November 28, 2023, 11:17:29 PM

Quote from: naikturun on November 28, 2023, 02:58:25 AM

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.

I guess anything can happen to the price until next year when there is a halving. I think early 2024 could be bad for the market. Not sure when the Etf decision will be. But the halving will be in spring. So there could be a drop in the first quarter.

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Quote from: naikturun on November 28, 2023, 02:58:25 AM

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.

STT

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At present 35k is looking like a support level, I dont know I want to trade it right now but in theory you buy into strength and trade it for as long as you can as it ascends. Otherwise you'd be waiting forever on a pullback that wont often occur in bullish trends. Complicating factor might be this is near a Fibonacci level also about 37k is us retracing 38% of the immediate 2022 low from the late '21 high.

Looking on 4hr bars, its like a game of ping pong back and forth. A steady progression upwards however I dont like to presume anything is totally proved but both these levels seem to bear some significance in trading across global markets:

The blue line is my rough take for a division between positive and negative action, we are gaining but with more confidence would be good.

arabspaceship123

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I won't disagree because ppl require patience if they're going to get rich. If investors hodl they'll stand more chances to make profits. I'd be questioning the points about ATH because I'm not convinced the predictions are accurate.

If you aren't a financial pro you shouldn't say things like it's going to exceed $100,000 or guarantee there's going to ATH in 2025. I'll say it's turning in to FOMO.

Quote from: Out of mind on November 27, 2023, 07:13:43 AM

The predictions we are seeing for the next bull market may be correct. If the Bitcoin market reaches its peak ATH in 2025 as predicted by various pundits, I think it will definitely exceed $100,000. However, getting rich soon requires enough patience and holding on to buying bitcoins. That plan will come to you when you invest and hold bitcoins.

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Quote from: naikturun on November 28, 2023, 02:58:25 AM

Quote from: KennyR on November 25, 2023, 06:57:40 PM

Quote from: naikturun on November 25, 2023, 09:13:53 AM

Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.

If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

What I see is that most people predict bitcoin prices will increase and reach highs by the end of the year. I hardly see anyone predicting major corrections by the end of the year and bringing the bitcoin price back below $30k? Personally, I don't know what will happen next. But this thought only appeared in my mind when everyone was excited and enthusiastic about the bull market. Will the market move in the opposite direction? Because the market often moves contrary to the wishes of the crowd and that is how the sharks take money from our pockets. I will not rule out this possibility.

naikturun

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Quote from: KennyR on November 25, 2023, 06:57:40 PM

Quote from: naikturun on November 25, 2023, 09:13:53 AM

Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.

If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

bangjoe

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Quote from: erep on November 26, 2023, 05:42:26 PM

Quote from: AmoreJaz on November 25, 2023, 06:59:22 PM

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.

Even though the 40k level is predicted to be achievable, we cannot predict the market correctly, all aspects can influence the performance of the crypto market including the latest news that is expected in December, but we hope there are no negative factors that influence the crypto market, I suggest not to rush buy at the $35k price level because the possibility of a correction can also occur before the bullish period, I will choose the investment option in the lower area at the 30k-32k level because I want to focus on long-term investment with the target of hunting for lower prices, because sometimes the impact of the crypto market on december is not good because we review the december charts of every year.

If we equate with the 2019 chart, in the month of December there was a decline, and indeed the average decline occurred at the end of the year, 2 years before ATh bitcoin was formed, but if the $35k area is very strong because the market situation is now different, we see a lot of institutions that continue to look for opportunities to get into bitcoin, so $35k with fomo halving and bitcoin ETFs will be quite difficult to break if the market does not get bad sentiment.

What I think has a chance to make the market correct deeply is the case of binance, if binance is hit hard until it goes bankrupt, maybe it will give bad sentiment to the bitcoin trend, and we can get cheap prices back below $30k.
I think also want to see at the beginning of the month, whether Powell lower interest rates or not, if it is lowered the possibility of $40k is very possible.

Out of mind

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Quote from: arabspaceship123 on November 23, 2023, 04:31:43 PM

How's anybody supposed to assess what's reasonable for the next ATH. We're all guessing what bitcoin's expected to reach. Some ppl are speculating it's going to be close to $150k.

My advice's to stay away from FOMO because ppl here aren't professionals giving professional advice. There aren't any guarantees therefore don't follow others when they tell you you're going to make riches soon.

The predictions we are seeing for the next bull market may be correct. If the Bitcoin market reaches its peak ATH in 2025 as predicted by various pundits, I think it will definitely exceed $100,000. However, getting rich soon requires enough patience and holding on to buying bitcoins. That plan will come to you when you invest and hold bitcoins.

erep

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Quote from: AmoreJaz on November 25, 2023, 06:59:22 PM

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.

Even though the 40k level is predicted to be achievable, we cannot predict the market correctly, all aspects can influence the performance of the crypto market including the latest news that is expected in December, but we hope there are no negative factors that influence the crypto market, I suggest not to rush buy at the $35k price level because the possibility of a correction can also occur before the bullish period, I will choose the investment option in the lower area at the 30k-32k level because I want to focus on long-term investment with the target of hunting for lower prices, because sometimes the impact of the crypto market on december is not good because we review the december charts of every year.

AmoreJaz

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Quote from: Davian144 on November 24, 2023, 10:39:07 AM

Quote from: strunberg on November 24, 2023, 10:10:25 AM

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.

It doesn't have to reach $100K for Bitcoin to create a new ATH next year, because if Bitcoin can reach $70K or more, that will also be included in the new ATH for Bitcoin so everyone probably won't be too far away from waiting for the ATH if that is something that is highly desired from now on. Today Bitcoin has risen again past $38K so it is very possible for Bitcoin to reach $40K to $45K within this year and those who are still holding quite a lot of it, now is their chance to see quite a decent profit.

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.

KennyR

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Quote from: naikturun on November 25, 2023, 09:13:53 AM

Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.

If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.

naikturun

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Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.

danadc

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You should not be afraid, anyone who would buy at $35k and then if the price goes down , the only thing you have to do is keep buying , not complain , because in the bitcoin market things can happen like that, and there is nothing written, but If it is a fact that things can happen, and that is what we have to see, not about negative things, a person can be filled with negativity if they want , but if what they need is money, for that what should be done is How to buy bitcoin, the fact that it is less than $70k is a fact that has to be taken into account , but the majority buy the other way Around , when the price goes up they sell, thinking that it will arrive and they will make more profits, it is thinking the Other way around.

Davian144

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Quote from: strunberg on November 24, 2023, 10:10:25 AM

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.

It doesn't have to reach $100K for Bitcoin to create a new ATH next year, because if Bitcoin can reach $70K or more, that will also be included in the new ATH for Bitcoin so everyone probably won't be too far away from waiting for the ATH if that is something that is highly desired from now on. Today Bitcoin has risen again past $38K so it is very possible for Bitcoin to reach $40K to $45K within this year and those who are still holding quite a lot of it, now is their chance to see quite a decent profit.

strunberg

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Quote from: $crypto$ on November 23, 2023, 08:10:49 AM

Quote from: EarnOnVictor on November 23, 2023, 07:41:01 AM

By that time, Bitcoin could be well around $100,000.

$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.

arabspaceship123

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We don't know when it's going to drop. News like CZ resigning from Binance didn't imprint a decline in bitcoin but it's still better priced than $28k last month. I'm not a pro analyst but I'm unhesitating to say it won't become ATH of $60k again in 2024. I'll be happy if I'm wrong because the value of my sats grows but FOMO shouldn't be the reason ppl invest.

Quote from: inthelongrun on November 24, 2023, 04:53:27 AM

Hmm, so it seems like I have no choice but to buy bitcoin at any price for my November DCA. When it was at $30k something I thought the price movement was too quick so there should be a slight correction at least at $28k. Then it's $35k I planned to buy it once it drop to $30k again. We're now about a week before the month ends and the price still hasn't dropped even if there were postponement news and there's the CEO of crypto's largest exchange Binance giving up his post.

So is the current price at $37k still a FOMO when the previous bitcoin ATH was at $60k something? Grin

inthelongrun

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Hmm, so it seems like I have no choice but to buy bitcoin at any price for my November DCA. When it was at $30k something I thought the price movement was too quick so there should be a slight correction at least at $28k. Then it's $35k I planned to buy it once it drop to $30k again. We're now about a week before the month ends and the price still hasn't dropped even if there were postponement news and there's the CEO of crypto's largest exchange Binance giving up his post.

So is the current price at $37k still a FOMO when the previous bitcoin ATH was at $60k something? Grin

EarnOnVictor

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Quote from: kotajikikox on November 24, 2023, 01:31:56 AM

Quote from: $crypto$ on November 23, 2023, 08:10:49 AM

Quote from: EarnOnVictor on November 23, 2023, 07:41:01 AM

By that time, Bitcoin could be well around $100,000.

$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

actually what he says by the time meaning any time soon (are you supporting that to come early than Halving?) because for me it is harder approach instead I believe that this will happen next year or more.

Based on what I posted which @$crypto$ replied to, he is very accurate in his response, it's you who just replied to an excerpt of the context without knowing the full gist therein.

I can't possibly be daft to say that Bitcoin would hit $100,000 before halving, and if you have read my post very well, I'm a very ascertained person that Bitcoin will not reach $40,000 this year, which is against the claims of the majority. I like to be real and not exaggerate anything, this is what @$crypto$ is also saying attesting to it that Bitcoin reaching about $100,000 in the post-having bull run is reasonable enough, unlike those who are calling ambiguous figures that might never happen.

It's better to call a realistic price and Bitcoin reaching it and passing the level than to call an outrageous price that it might never reach in 100 years. And as it is now, Bitcoin is heavy, it's currently at about $37,000 with a market cap of $731+B, so if it reaches about $2+ trillion in the next post-halving effect, that means the coin would already be at $112,000 which is reasonable enough. That's a price thrice its current capitalization and almost double of the current ATH.

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Quote from: $crypto$ on November 23, 2023, 08:10:49 AM

Quote from: EarnOnVictor on November 23, 2023, 07:41:01 AM

By that time, Bitcoin could be well around $100,000.

$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

actually what he says by the time meaning any time soon (are you supporting that to come early than Halving?) because for me it is harder approach instead I believe that this will happen next year or more.

Quote

Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.

time frame is the most important part here mate , because if we wanted to see further than 100k , there must be a big reason and for me the highest chance for this is ETF approving .

Topic: Buying at 35k? - page 4. (Read 2078 times)