Topic: Month January 23 - the best month since bitcoin? - page 2. (Read 196 times)
Honestly, I still think it will tank down. Unfortunately, the macro economy is still sucked so I expect bitcoin to go to +-15,000. But after that, we will see 100k for sure. But it will probably happen only in 2024.
A look at the stats shows that the Monar January could be the best since 2013, or the best since Bitcoin exists. I mean only the months of January.
Rather than relying on and waiting for reports from Cointelegraph, you can get it directly fromhttps://cryptorank.io/price/bitcoin
https://checkonchain.com/btconchain/monthlyreturns_pricing_usd/monthlyreturns_pricing_usd_light.html
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In 01.2013 with +44.05% and currently at about 43%. There are still a little more than two days to go, so it's possible. What do you think?
Sorry and I am not offending you but what is a difference between 43% and 44.05%? It is a difference but too tiny.And it's better if you compare between two bearish years or between two bullish years. 2013 and 2017, 2021 or compare 2023 with 2019 and 2015.
Lastly Bitcoin volatility looks to be shrinked and less wild than past few years and early years since it was tradable after 2pizzas event.
The Mayer Multiple Chart shows this https://charts.woobull.com/bitcoin-mayer-multiple/
What do you think?
What I think is that it is normal that we see these kinds of returns when we have fallen so low. Recovering is logical if we look at the bitcoins mined, the production ratio and the general situation, as Bitcoin was too cheap, and it was normal to return to at least levels above $20k.
Whether it ends up being the best January to date or not, I don't care. It's an isolated statistic that I don't care about.
It is possible. I think this January will be able to beat the record currently held by January of 2013. There are still around two days left before January of 2023 will end. And it seems the current trend is upward. I think the price would easily surpass $24,000 within this month.
Even if the month closes at $24,000 only, the record is already broken. Coingecko's price of Bitcoin on January 1, 2023 was $16,600. If the month closes at $24,000, that's already above 44.05% of growth. That's a new record.
Even if the month closes at $24,000 only, the record is already broken. Coingecko's price of Bitcoin on January 1, 2023 was $16,600. If the month closes at $24,000, that's already above 44.05% of growth. That's a new record.
There are still a little more than two days to go, so it's possible. What do you think?
It quite doesn't matter what I think because prices can go up or they can go down and such a short period of time is not possible to predict: until end of January are just 2 more days. For such a short period of time, it's somehow like 50% chance each for increasing prices or decreasing prices. Maybe a bit more chance to increase in value because Bitcoin's fundamentals are designed like that (numbers go up) but it's not possible to make an educated prediction when just 2 days are left.
We can say one thing for sure:
A very positive (green) January is an extremely bullish sign for 2023, especially since Bitcoin's next halving is only 1 year away.
Quelle: https://de.cointelegraph.com/news/bitcoin-sees-worst-monthly-close-in-2-years-as-traders-watch-16-7k
What's Quelle, do you mean source maybe?
Ah, that was close to touching $24k. If it can touch the $24k level even a little bit, there's a good chance it will continue to increase. But that's okay, bitcoin still has time to rise higher, and this is proof that bitcoin will go up slowly.
Be patient, everyone, hold on tight to your bitcoin and hopefully, in the next month, the price of bitcoin can penetrate $ 24k and $ 25k well and continue to slide up.
This January, the bitcoin price has attempted to increase from $15k to $23k, and there is still plenty of time for the bitcoin price to keep increasing. And we can still buy bitcoin at the current price. And it could be that $24k will be closing this January, so in the next month, there is more opportunity to increase the price again.
Be patient, everyone, hold on tight to your bitcoin and hopefully, in the next month, the price of bitcoin can penetrate $ 24k and $ 25k well and continue to slide up.
This January, the bitcoin price has attempted to increase from $15k to $23k, and there is still plenty of time for the bitcoin price to keep increasing. And we can still buy bitcoin at the current price. And it could be that $24k will be closing this January, so in the next month, there is more opportunity to increase the price again.
It quite an exciting moment for those of us that hard low entry level multiple times in the last low and at. This time we are already on profits mergin, but not being a short term investor is what motivates our current standing as none DCA inspired bitcoin holders and at that the price of Bitcoin doesn't move us any more.
But also we can say that it is too early to start predicting a bull run and pahaps we should take this current market situation as bitcoin trying to rebound back to a significant price high, that will sustain it future events and making a push to an ATH when the market have enough liquidity to sustain a new high.
But also we can say that it is too early to start predicting a bull run and pahaps we should take this current market situation as bitcoin trying to rebound back to a significant price high, that will sustain it future events and making a push to an ATH when the market have enough liquidity to sustain a new high.
Well it could be but I guess it won't mean a thing. What we are waiting for is a total recovery
recovery..?
oh please take your inflation economics words/mindset and turn them upside down(bitcoin is deflationary by the way)
the 2021 ATh was not a point of sustained value. it was a inflation bubble PREMIUM due to burst like all ATH do.
the burst and recovery(correct down) back from a premium to near value point. which in 2022 was a $15k value bottom and a market price bottom of $16k
the recovery happened. now its the growth.
slow growth is good as it gives the time for the non-zero bottom value to grow too (below the market price). without the high speculation volatility bubble and pops of the market price going too premium to pop again soon
Well it could be but I guess it won't mean a thing. What we are waiting for is a total recovery on the market price of cryptos. We are not yet sure whether this industry would be able to fully recover this year given that the anticipated increase would be on next year thru Bitcoin Halving. But I am still glad that after months of this market being down, we again saw green marks over this industry and that is a good indicator. More likely, if there would be good things to happen in this industry, we may see atleast half of their ATH price to be reached before this year end. Still a long way to go in the first place and many things could still take place as this year continues.
what we have is whales on future contracts..
december saw a month long resistace spot wall created so futures whales can win the sub $17k bets in december
1st-8th at 17k
11th-18th at 21.5k
20th-28th at 23k
we shall see if the whales turn off their resistance spot bots and leave hem off or just set them at a new higher or lower resistance
i suspect theres another whale at a 25th-1st gamble of $23k
december saw a month long resistace spot wall created so futures whales can win the sub $17k bets in december
1st-8th at 17k
11th-18th at 21.5k
20th-28th at 23k
we shall see if the whales turn off their resistance spot bots and leave hem off or just set them at a new higher or lower resistance
i suspect theres another whale at a 25th-1st gamble of $23k
$24k is not difficult to surpass as we are actually almost to that level. 23700 and still going up. it may hit 25k fast very soon. so yes, it may indeed boost the positive vibes in this market and may create buying spree for some users.
Bitcoin hit 23,907$ two hours ago. It was so close... But the 24,000$ mark couldn't be surpassed yet. Then a little correction came and brought bitcoin to the price you mentioned above. Investors just need to put some more pressure on their buy orders and they can overcome the 24,000$ wall.Everyone else just have to keep holding. Without short trades, we increase the chances it's going to happen in the next 48 hours, so this month will be a historical one!
though 40k level is still far from happening, but we are only one month over this year.
It's true. It's only the first month of the year, what means bitcoin is just beginning. 
Bitcoin has to surpass 24,000$ price range yet, what seems the currently resistance level. I'm hopeful it's still possible to happen, so it's going to be huge news to boost investors' optimism, consequently making bitcoin more bullish for the upcoming months.
If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
$24k is not difficult to surpass as we are actually almost to that level. 23700 and still going up. it may hit 25k fast very soon. so yes, it may indeed boost the positive vibes in this market and may create buying spree for some users. though 40k level is still far from happening, but we are only one month over this year.
Bitcoin has to surpass 24,000$ price range yet, what seems the currently resistance level. I'm hopeful it's still possible to happen, so it's going to be huge news to boost investors' optimism, consequently making bitcoin more bullish for the upcoming months.
If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
The price of bitcoin will surely rise in the left days of the month. Based on the growth that have taken place through the month we're to cross $25k. The resistance level seems to be at $25k. Growth percentage of bitcoin is on a cycle and now it is getting repeated. Based on which we can expect good bounce in the upcoming months even though the halving is scheduled for the year 2024. If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
Bitcoin has to surpass 24,000$ price range yet, what seems the currently resistance level. I'm hopeful it's still possible to happen, so it's going to be huge news to boost investors' optimism, consequently making bitcoin more bullish for the upcoming months.
If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
If a similar tendency to 2013's repeats itself, we are going to see massive gains on the next months. That would be great to recover at least the 40,000$ price level this year, and then half of the way for the next ATH would be already completed.
A look at the stats shows that the month January could be the best since 2013, or the best since Bitcoin exists. I mean only the months of January. In 01.2013 with +44.05% and currently at about 43%. There are still a little more than two days to go, so it's possible. What do you think?
Quelle: https://de.cointelegraph.com/news/bitcoin-sees-worst-monthly-close-in-2-years-as-traders-watch-16-7k
Quelle: https://de.cointelegraph.com/news/bitcoin-sees-worst-monthly-close-in-2-years-as-traders-watch-16-7k
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