I think btc will not going Under 95k this month

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Quote from: Zanab247 on January 06, 2025, 11:31:30 AM

I will not rush to buy BTC now than to be patient for the price to dump, because I know the price will surely going to come down for short term hodlers and long term hodlers to use the period to buy BTC because this is a sign that the bear run will going to be longer than this bull.

I don't know how bitcoin price will move this month but historically and if history repeats itself, 2025 will be the biggest bull year. So I think if someone wants to accumulate more bitcoins and intends to make profit this year, they should buy as soon as possible instead of waiting.

Waiting for bitcoin to drop to buy during bull season doesn't seem like a wise idea, plus we have the DCA strategy. Why don't we use it so we don't miss any moment, why wait when nothing is certain and guaranteed? Bitcoin is an unpredictable so don't be sure of anything when it comes to it.

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That is what some people was expecting from the market but the price has hit higher to reach $102k again to make those who are still hodling BTC to know that there is still hope for them to earn profit from their BTC. When the price switched into $95k few days ago, I thought it will continue to dump for bear run to take place, but the sign the price is displaying in the market, show that it will still take some time before the bull run will start reducing to enter bear run for people to start buying BTC and hodl till another bull come up.

I will not rush to buy BTC now than to be patient for the price to dump, because I know the price will surely going to come down for short term hodlers and long term hodlers to use the period to buy BTC because this is a sign that the bear run will going to be longer than this bull.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

It is impossible to accurately predict whether bitcoin will go down to 95k dollars or go to 100k dollars. Since it's January, Bitcoin can go to $100k anytime. Since reviewing the past halvings, it can be seen that the year Bitcoin is halved and then the Bitcoin increases in January of the following year, Bitcoin is supposed to increase in January.

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I don't see any strong support at $95k but rather there's a support at $96k level and I believe that the support can not hold if price dip and if that support it broken, Bitcoin price will drop to $93k before the month ends but if the support is not broken, then we are sure not to go below $95k.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

So where do you get your information or what data do you rely on to believe that bitcoin price cannot fall below $95k? Bitcoin is unpredictable and anything can happen. Most people who believe that bitcoin price cannot fall as much as you do are simply because these people have not yet taken profits and want bitcoin price to go higher. Meanwhile, those who believe that bitcoin price will drop to $85k are those who want to accumulate more at a cheaper price. All in all, it all depends on individual predictions and expectations, and that is why there are always mixed opinions about bitcoin price in the market.

As smart investors, we should always have a backup plan for both situations instead of being stubborn or too rigid.

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Quote from: JeffBrad12 on January 05, 2025, 11:19:19 PM

it's pretty strong yeah, I was expecting a retracement to the level of $88k, seem thats not happening anytime soon.
honestly despite holding BTC i have no problem even if BTC touched level of $88k because that means the retracement will end soon, not channeling for too long.
the market need to shake the weak hand out of the market first before going up otherwise it'll be heavy. I personally have set a buy order at $88k just in case, but even if BTC take off before that order filled i'm okay with the current BTC i'm holding.

Let's take a closer look at this analysis, Bitcoin price is rarely at $99,214 and this is the Flip trend point that will determine if Bitcoin is able to break through the $100k Resistance and again try to break through the new ATH.

If the Price continues to strengthen with a lot of buying, then Bitcoin will be above $100k in the near future.
Looking at the positive trend that will happen and with the support of Trump who will be inaugurated on January 20th, this will indicate that Bitcoin will start to get pumped, fundamentally it is already quite good and technically if BTC cannot break out above $100k on the 1D Time Frame, then it will go down and try to break through the bottom support again, The strongest support is at $90k and if it is broken then as you hope $88k will be reached as it becomes a Bearish Support point.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

it's pretty strong yeah, I was expecting a retracement to the level of $88k, seem thats not happening anytime soon.
honestly despite holding BTC i have no problem even if BTC touched level of $88k because that means the retracement will end soon, not channeling for too long.
the market need to shake the weak hand out of the market first before going up otherwise it'll be heavy. I personally have set a buy order at $88k just in case, but even if BTC take off before that order filled i'm okay with the current BTC i'm holding.

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Yes, it can happen, I was able to reach $60k and that doesn't mean it's impossible, those things are normal, for me the things that should happen in the market are like that, right now we are living a great moment, the btc is rising, it is making many good milestones, there is a lot of positivity in the market and that is something that everyone likes a lot, especially those who have a lot of btc.

I don't have btc and I like that it keeps rising , but for a Long time now I have been trying to accumulate as much as I can, because for me that is something that can be a great goal.

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Quote from: Text on January 05, 2025, 06:26:50 PM

It's okay to be optimistic about our holdings there's nothing wrong with that. But let's not forget that the market often brings many surprises given the unpredictable nature of Bitcoin. Do you think the institutional support is enough for it to stay that way? Don't forget that nothing is guaranteed. It's still better to have a backup plan.

Yeah, it's hard to think because we have El Salvador who seems to be buying like every day with at least 1 Bitcoin. And then also Michael Saylor as well, scooping a lot as well. With that, I can't see the price going down hard under $95k, even though there will be some kind of FUD specially before Trump's assume office.

And I think this is the sentiments of most of us here base on the replies. That Bitcoin is not going under $95k, on the contrary, we might touch 6 digits again as we are somewhat in the $98k although there could be some resistance for now.

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If the price really down below $95k, that is good for us because we can accumulate more. The important is do your research and don't just trust others. We never know what will happen to Bitcoin so calm down will be necessary.

We'll see what will happen to Bitcoin soon so you need to be careful. Prepare your money to buy if there is a down so you can load more Bitcoin.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

I tend to think you are wrong but I do hope you are correct.

I would love to see us uptick over 100 and over 110 and more way more.

STT

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I'd rather say November 11th closing high, because price can always move erratically intra day. Price can do whatever basically, its where it settles and accumulates volume that really matters longer term but the needle can move about alot and BTC has proven that many times with large amounts of volatility.
Its very different to every other asset traded around the world and has to remind us of its unique nature every now and again just in case we forgot, I dont like to pin it down too much but Im generally bullish also.

Text

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It's okay to be optimistic about our holdings there's nothing wrong with that. But let's not forget that the market often brings many surprises given the unpredictable nature of Bitcoin. Do you think the institutional support is enough for it to stay that way? Don't forget that nothing is guaranteed. It's still better to have a backup plan.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

I am more convinced under $90,000. $95,00 is still near and possible. What I can see is that we are building strong psychological skills at the $90,000 level.

I'm sharing a chart where I can see strong support and slowly for sure we will build strong significant support here over time.

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Quote from: Popkon6 on January 05, 2025, 10:44:46 AM

The price of Bitcoin is definitely on the rise at the moment, if you look closely, you will definitely see that Bitcoin has been very close to $100k for a long time. Because we are in a bull market so far, it will soon move towards further improvement.
There are some positive aspects in the Bitcoin market, if these positive aspects are implemented very soon, the price of Bitcoin will break the previous record of $108k and create a new record. I think that the price of Bitcoin will move upwards again from this January, just waiting for our time.

What are the aspects you are referring to? The main driver of the price is the market sentiment and how people feel and act in certain market situations. If there is nothing negative in the market and people don't panic sell, the price might keep going up steadily as long as there is increasing demand. However, if the opposite happens, we see a lot of FUD and negativity for any reason; the market will take another dump, and this time around, it might even go below $85k.

The current price can be intimidating for futures traders, but it can also be dangerous because nothing is certain, and there are no clear signs at the moment. Huge liquidations can also be a driving force for the price to go down and we have seen this happen in the past. So, traders need to take their steps carefully in the current situations and maybe wait for better and more clearer trading opportunities.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

Anyone can make their wild and educated guess so you can't blame others for making such prediction that we might go way below like the next support will be $87,500. The thing though with those technical analysis is that it can be invalidated in the next hour as Bitcoin might go on a different position. Just like in the recent days, we have a jump to $98,000 from as low at $92,000. So with that, it's already rebounded, but for now it seems that we are stuck so it could be that we are going to see the see the price moving sideways in that level. Unless there is a huge FOMO before the 20th because that's the official date that Donald Trump will sit in the White House. And if by chance we go below $95,000, then take that opportunity to buy and accumulate. So I will say that it's just normal to see predictions here and there, but at the end of day it's just speculation on their part.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I think btc will not going Under 95k this month

Anyone can speculate on this forum, that's what's great about this forum "free to talk" especially about the development of Bitcoin in any case, not only Bitcoin experts can speculate, who knows OP's prediction could come true or vice versa.

OP can do an analysis, maybe you think it's true and everyone has their own opinion, even though you claim the price of Bitcoin is below $95k, yes that's something that's commonplace considering that some speculation says so, but I am also sure that the price of Bitcoin for this month will remain at the level of $90k and above, which is certain we will see this month in speculation about who is right and wrong, there is no harm in OP and users here to discuss the best.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

We have seen Bitcoin prices below 95K for a few days, from where Bitcoin has become somewhat bullish again, which is why we can say that Bitcoin is going to be bullish again. But we must always remember that it can turn at any time. If we study the market, the positive aspects are reflected more than the negative aspects. Maybe Bitcoin can be bullish at some point or bearish at some point, but since US strength now comes to support Bitcoin, investors will have confidence here and Bitcoin will continue to be bullish. This month has just started, so we cannot predict anything yet, but the bullishness that the market shows until next week can be predicted.

Any assumption about the market is uncertain, which is why one must consider the risk when investing, but if one is just trying to hold, that is definitely a good decision. The smartest thing to do is to be prepared for any situation of the market.

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Quote from: Mansory22022 on January 05, 2025, 07:44:17 AM

I don't know where the info people getting but i don't think we see Under 95k this month i see 95k as strong support Even over the next months the 95k will be lowest.

And they don't know as well where you're getting that prediction without any analysis to support it unless it's a "trust me bro" source. But I am with you. Cheesy

I do not want to see Bitcoin going down below $95k for this month or even for the entirety of this bull run. We've seen enough and it had dropped below $95k before it had reached another all time high. So, if the $95k is a strong support then that's nice, it's very simple that we're getting new all time lows that are higher than the past of it.

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Quote from: Mansory22022 on January 05, 2025, 09:41:58 AM

Quote from: stadus on January 05, 2025, 08:08:33 AM

I see instutions guarding on 95k btc price for some reasons they want to keep that support strong well we swim together whales i'll follow to them i'll load up coins on 95k and altcoins Im expecting bullish Market and usually Im never wrong.

Nothing is really going to keep the price above $95k, even if there is FUD then $95k is too easy to reach again in some time. I certainly don't expect another panic-inducing price drop, but I do expect the market to strengthen over time until its highest peak is reached this year. I expect this to be a very bullish year for bitcoin and the crypto market in general, so I wouldn't say you're wrong if you want to diversify.

Today's highest price was $98.5k, while we have had prices below $98k recently. In fact, I expect $100k to be reached again in the near future, but it seems like most investors and traders are still cautious ahead of Trump's inauguration.

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