This may be the main reason for the current market decline. As we are so close to the US presidential election, it is very unlikely that we will see bullish movement in Bitcoin during this period, especially until the results of election come out. Such messages have already reached investors. Everyone will try to wait slowly during this time. But I think after selecting president, it will definitely accelerate even more than its previous speed. Since no one has the ability to regulate Bitcoin, any government come to the power bitcoin will be bullish. If any one of the two candidate support Bitcoin, there might be bullish movement in Bitcoin in the short time, but for a little longer, Bitcoin will move at its own pace. 2025 could be a great year for Bitcoin in all aspects. All in all I would say that those who hold Bitcoin will be successful in the upcoming bull run.
Without a doubt, what can be generated from now until November 5th is a lot of uncertainty in the BTC market, obviously Because of what can happen, I hope the results are good and favorable for everyone. If so, Bitcoin will rise , because everything that is good will bring good things to everything, and that includes speculative markets. We would avoid a market crash and avoid unnecessary wars if all goes well. For the rest, it will only be a matter of Finding our good Refuge from Hodl and Resisting the possible Storms that may come, both economically and in any other area.
Topic: New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... (Read 884 times)
October 28, 2024, 10:44:46 PM
October 24, 2024, 03:47:04 AM
This may be the main reason for the current market decline. As we are so close to the US presidential election, it is very unlikely that we will see bullish movement in Bitcoin during this period, especially until the results of election come out. Such messages have already reached investors. Everyone will try to wait slowly during this time. But I think after selecting president, it will definitely accelerate even more than its previous speed. Since no one has the ability to regulate Bitcoin, any government come to the power bitcoin will be bullish. If any one of the two candidate support Bitcoin, there might be bullish movement in Bitcoin in the short time, but for a little longer, Bitcoin will move at its own pace. 2025 could be a great year for Bitcoin in all aspects. All in all I would say that those who hold Bitcoin will be successful in the upcoming bull run.
US presidential election "should not" have any impact on the price but I would not be shocked if there is one. Looking at the price last bull run we can see that the price did go up after the election, meaning that there was something about it, but there wasn't one in 2016 so I can't say exactly if that works, so far we have one that didn't happen and one that did. I believe we are going to end up with a good increase yet again after the election, but because of halving and expected bull run, not because of elections.The only thing that would change could be people would be more willing to invest since they know the result and they know what to expect as well. Plus, if Trump wins, the price will likely go up a lot more in celebration, you may like him or hate him but he is a probitcoin person and price could go up because of this as well. People will see future of bitcoin bright with him, and because of that people could invest into it.
It might have an impact as we do remember that we have one candidate who says that he is supportive of Bitcoin, and so if by chance he won the US Election it could have a impact on us. And also we says that when the price goes down, it's because of some negative news, like the war that is happening in the Middle East. And so with that, every news, although it's not only the factor that can affect the price, but still any negative or positive news around the world will surely have a effect, not just on Bitcoin market, but in any financial market as we all know that each and every once is connected, at any shape or form.
So let's see who will win the Election, it's just a couple of weeks or so and by the looks of it, or at least is majority of sports bookies, Trump is already leading for betting odds and it could also reflect the consensus of the US voters.
October 24, 2024, 01:08:10 AM
This may be the main reason for the current market decline. As we are so close to the US presidential election, it is very unlikely that we will see bullish movement in Bitcoin during this period, especially until the results of election come out. Such messages have already reached investors. Everyone will try to wait slowly during this time. But I think after selecting president, it will definitely accelerate even more than its previous speed. Since no one has the ability to regulate Bitcoin, any government come to the power bitcoin will be bullish. If any one of the two candidate support Bitcoin, there might be bullish movement in Bitcoin in the short time, but for a little longer, Bitcoin will move at its own pace. 2025 could be a great year for Bitcoin in all aspects. All in all I would say that those who hold Bitcoin will be successful in the upcoming bull run.
US presidential election "should not" have any impact on the price but I would not be shocked if there is one. Looking at the price last bull run we can see that the price did go up after the election, meaning that there was something about it, but there wasn't one in 2016 so I can't say exactly if that works, so far we have one that didn't happen and one that did. I believe we are going to end up with a good increase yet again after the election, but because of halving and expected bull run, not because of elections.The only thing that would change could be people would be more willing to invest since they know the result and they know what to expect as well. Plus, if Trump wins, the price will likely go up a lot more in celebration, you may like him or hate him but he is a probitcoin person and price could go up because of this as well. People will see future of bitcoin bright with him, and because of that people could invest into it.
October 23, 2024, 02:13:38 PM
When you read those messages, you realize there will be some in the future as well, like for example this one is great, but I feel like 2029 will be a bull run too, that's the cycle shows, and in 2028 there will be a ton of people doubting it too.
I am one of those people who does not believe in routines and patterns, but in the market in some time frames it has shown me that it works, incredibly, and I found its logic, because there are always people in the market who take care of a price range, some so that it does not go down, others because they want to lower it, then sometimes the limits that the bulls establish are called the ceilings and the floors or supports are normally established by the bears, then in view of this the logic of technical analysis arises a lot, however it is not something that is always fulfilled, because a multimillionaire can come in and make the price go up and that's it, or the multimillionaire can move the market down with shorts, as happened in 2017 and then buy back cheaper which for me is the smartest strategy, so those are the things that are not measured in the technical analysis and that no news can reach that conclusion, only time.
October 23, 2024, 01:09:31 PM
We will have to wait though, if it really push the market for a bullish phase, then good for us. Otherwise, it might be good to think that with or without the US election, we should know that the Bitcoin price is going to reach new all time high. There could be a different catalyst and not just this one, or maybe another institutions are going to push the market with their billions of funding and investment.
October 22, 2024, 02:28:21 PM
We will have to wait though, if it really push the market for a bullish phase, then good for us. Otherwise, it might be good to think that with or without the US election, we should know that the Bitcoin price is going to reach new all time high. There could be a different catalyst and not just this one, or maybe another institutions are going to push the market with their billions of funding and investment.
So with that, anything can happen in the market, remember that if we look at it and the cycle will still be true, next year should be still at the bullish phase. I do agree, DCA or any method that we can used to accumulate as much as we can, we should continue to do that so in any case predictions is right that we will see $100k++ as our new all time high, we will be ready and we will make huge profits.
Yeah, doing DCA right now and I am expecting the price to get much better as well. I am not saying 100k+ will happen this year, but I do expect ATH to be broken again, maybe reach 80k or so and that's it. This is my guess, I just think over 80k would be very hard, not that 81-82 or whatever, I mean like 85+ would be very hard, but 80 seems quite possible for this year. I also believe the same for next year, I think 100k is possible and will happen, 150k+ will be very hard to reach, but could happen, and I do not think we will be 200k+ that would be way too much and I think that will not happenSo with that, anything can happen in the market, remember that if we look at it and the cycle will still be true, next year should be still at the bullish phase. I do agree, DCA or any method that we can used to accumulate as much as we can, we should continue to do that so in any case predictions is right that we will see $100k++ as our new all time high, we will be ready and we will make huge profits.
So, what I guess would be 120-160 range for next year at the very peak and should not be really that complicated to reach as long as there is a bull run and millions of people bring in billions of dollars and stop selling. Remember, how much money is in to buy bitcoin isn't the only thing that matters, people deciding not to sell is also another important part of this.
October 22, 2024, 05:29:48 AM
Although there could be that catalyst next month, the US election that might push the price and we will see if it has enough momentum specially if the supposedly next US President is the touted pro-Bitcoin or pro-crypto. So let's just continue what we have been doing all throughout this cycle, accumulate as much as we can till 2025.
I think it was better not or you could have said, big words, we must not leave out the effect that the US presidential elections can cause, it is a fact that it is a country that exercises a global hegemony in terms of the economy and every event that has to do with the country has its effect all over the world, and as we have now talked about BTC and the candidates who are for and against BTC, I think that by itself we already know many things, given this it seems great to me that those who can buy and accumulate would be a very intelligent move, and they would be moving forward to become richer and millionaires every day, those who cannot buy big, only with the DCA method have
We will have to wait though, if it really push the market for a bullish phase, then good for us. Otherwise, it might be good to think that with or without the US election, we should know that the Bitcoin price is going to reach new all time high. There could be a different catalyst and not just this one, or maybe another institutions are going to push the market with their billions of funding and investment.
So with that, anything can happen in the market, remember that if we look at it and the cycle will still be true, next year should be still at the bullish phase. I do agree, DCA or any method that we can used to accumulate as much as we can, we should continue to do that so in any case predictions is right that we will see $100k++ as our new all time high, we will be ready and we will make huge profits.
October 21, 2024, 09:54:20 PM
Although there could be that catalyst next month, the US election that might push the price and we will see if it has enough momentum specially if the supposedly next US President is the touted pro-Bitcoin or pro-crypto. So let's just continue what we have been doing all throughout this cycle, accumulate as much as we can till 2025.
I think it was better not or you could have said, big words, we must not leave out the effect that the US presidential elections can cause, it is a fact that it is a country that exercises a global hegemony in terms of the economy and every event that has to do with the country has its effect all over the world, and as we have now talked about BTC and the candidates who are for and against BTC, I think that by itself we already know many things, given this it seems great to me that those who can buy and accumulate would be a very intelligent move, and they would be moving forward to become richer and millionaires every day, those who cannot buy big, only with the DCA method have
October 17, 2024, 12:58:43 PM
When you read those messages, you realize there will be some in the future as well, like for example this one is great, but I feel like 2029 will be a bull run too, that's the cycle shows, and in 2028 there will be a ton of people doubting it too.
I am one of those people who does not believe in routines and patterns, but in the market in some time frames it has shown me that it works, incredibly, and I found its logic, because there are always people in the market who take care of a price range, some so that it does not go down, others because they want to lower it, then sometimes the limits that the bulls establish are called the ceilings and the floors or supports are normally established by the bears, then in view of this the logic of technical analysis arises a lot, however it is not something that is always fulfilled, because a multimillionaire can come in and make the price go up and that's it, or the multimillionaire can move the market down with shorts, as happened in 2017 and then buy back cheaper which for me is the smartest strategy, so those are the things that are not measured in the technical analysis and that no news can reach that conclusion, only time.
October 17, 2024, 12:54:12 PM
When you read those messages, you realize there will be some in the future as well, like for example this one is great, but I feel like 2029 will be a bull run too, that's the cycle shows, and in 2028 there will be a ton of people doubting it too.
I am one of those people who does not believe in routines and patterns, but in the market in some time frames it has shown me that it works, incredibly, and I found its logic, because there are always people in the market who take care of a price range, some so that it does not go down, others because they want to lower it, then sometimes the limits that the bulls establish are called the ceilings and the floors or supports are normally established by the bears, then in view of this the logic of technical analysis arises a lot, however it is not something that is always fulfilled, because a multimillionaire can come in and make the price go up and that's it, or the multimillionaire can move the market down with shorts, as happened in 2017 and then buy back cheaper which for me is the smartest strategy, so those are the things that are not measured in the technical analysis and that no news can reach that conclusion, only time.
October 15, 2024, 04:31:01 PM
-snip-
I believe we have seen price movement already and we are going to have some bull run soon enough. Just because we believe it may not be great at the moment, doesn't mean we are going to end up with a lot of falls too, they may not believe that we are going to go up, there are always people who fear we are going to go towards bear run, but do not care about them and do not spend too much time on what they are saying because they said this before every bull run and they were always wrong. Go check the topics right before the 2021 bull run started, you will see a ton of people starting topics about how they do not trust that the bitcoin price will go up.
Just like when we looked far in the past where the price of Bitcoin was also unstable and continued to fall, I believe we have seen price movement already and we are going to have some bull run soon enough. Just because we believe it may not be great at the moment, doesn't mean we are going to end up with a lot of falls too, they may not believe that we are going to go up, there are always people who fear we are going to go towards bear run, but do not care about them and do not spend too much time on what they are saying because they said this before every bull run and they were always wrong. Go check the topics right before the 2021 bull run started, you will see a ton of people starting topics about how they do not trust that the bitcoin price will go up.
but in the end, Bitcoin was able to reach a new ATH and make history that has never happened.
When a lot of people are scared and too skeptical of Bitcoin's price movements, I just have to see that it's an opportunity to start coming in.
The distrust of others and when they start selling so that the price keeps falling, it is the best chance to enter at a cheaper price.
A bearish will not always happen, because after that the bull market will arrive to break through the new ATH.
And yes, like on the topic of price increases in 2021 which started at will until it reached a new ATH, it is a history that has never been forgotten.
In the past I saw Bitcoin price lowest at $3k and then in 2021 it broke $70k++, which is incredible.
Now it's just waiting for Bitcoin to hit an ATH of $100k, and that's still very possible and quite realistic considering the current state of the crypto market.
That's the closest target now, and we'll see that soon.
October 15, 2024, 03:38:03 PM
We all want the war conflict to end soon, but we can only hope and pray that it will end soon. Because war hurts many people, especially those who live in countries that are facing terrible wars. And of course, the price of Bitcoin can be affected by war or other conflicts, just like any other asset class. If a major conflict or geopolitical crisis occurs, the financial market will definitely become uncertain, and this will also increase the volatility of the Bitcoin price. And no matter what happens, the price of Bitcoin will remain an unpredictable asset. But in the long run, its price will still go up.
Yes, that's what it's about, basically things tend to be like that, many say that some fundamentals like war, which hopefully will end, politics, and other things can affect the btc market and in fact yes, but they are temporary effects but they are not really incidents enough to change the course or history of BTC, if it reacted to Soviet successes only because of the fact that it is an asset that responds to specific markets, but in itself the history of BTC shows that it continues on its course and that in some way the moments it has to do will be done, sooner or later, but it will happen, I am completely sure that btc will reach another new ATH, but when? We don't know, but what will happen will happen.I believe we have seen price movement already and we are going to have some bull run soon enough. Just because we believe it may not be great at the moment, doesn't mean we are going to end up with a lot of falls too, they may not believe that we are going to go up, there are always people who fear we are going to go towards bear run, but do not care about them and do not spend too much time on what they are saying because they said this before every bull run and they were always wrong. Go check the topics right before the 2021 bull run started, you will see a ton of people starting topics about how they do not trust that the bitcoin price will go up.
When you read those messages, you realize there will be some in the future as well, like for example this one is great, but I feel like 2029 will be a bull run too, that's the cycle shows, and in 2028 there will be a ton of people doubting it too.
October 15, 2024, 01:48:42 PM
October 15, 2024, 09:33:43 AM
We all want the war conflict to end soon, but we can only hope and pray that it will end soon. Because war hurts many people, especially those who live in countries that are facing terrible wars. And of course, the price of Bitcoin can be affected by war or other conflicts, just like any other asset class. If a major conflict or geopolitical crisis occurs, the financial market will definitely become uncertain, and this will also increase the volatility of the Bitcoin price. And no matter what happens, the price of Bitcoin will remain an unpredictable asset. But in the long run, its price will still go up.
Yes, that's what it's about, basically things tend to be like that, many say that some fundamentals like war, which hopefully will end, politics, and other things can affect the btc market and in fact yes, but they are temporary effects but they are not really incidents enough to change the course or history of BTC, if it reacted to Soviet successes only because of the fact that it is an asset that responds to specific markets, but in itself the history of BTC shows that it continues on its course and that in some way the moments it has to do will be done, sooner or later, but it will happen, I am completely sure that btc will reach another new ATH, but when? We don't know, but what will happen will happen.
October 13, 2024, 03:59:24 PM
I also still think that Bitcoin can still surpass $71K by the end of this year and by early next year it could approach $100K if there is no deep price correction. Because now we are in the time to see a bullrun even though this year Bitcoin has made a new ATH at its price level in the first quarter of this year. But for the next increase that can exceed $71K I think it is still quite reasonable to expect because that is something that looks quite feasible for everyone to look forward to in the end of the year and early next year in Bitcoin.
If only $71k then yeah, that was only easy. In fact, the price of BTC is starting to move again upwards. If only this will continue, we can get your target by max mid of November. December would be a month for a brand new ATH. I mean we can now unlock the $80k here or more. Definitely we will be at $100k level by the year of 2025. Correction is smaller than a bear market, so recovery for it can also be quicker. BTC hitting an ATH this year must be the opening of a bull run. If there is something that we are about to witness later on, that would only be its peak. This is exciting but all must ensure that they are now ready for it. 
October 12, 2024, 12:54:23 PM
Of course $71-$72k is the new ATH because that price is the highest that BTC can build this year, but we do have the possibility of a second increase that occurs after the Halving or usually occurs at the end of the year on the 4-year bitcoin cycle, people who sell at that price and buy in the tens of thousands of dollars to 30$k dollars will get a lot of profit if they also buy a lot of bitcoin at that time, but who knows about it because it is only limited to speculation and assumptions with the phrase “if”, why not just put an open order at the price you want without having to do that to sell at the best price in your opinion.
The possibility of Bitcoin's price going to the next highest price will be there. We only needs to be patient and wait for that moment. Many people says that we will see the next ATH at the end of this year or next year. But we don't have the right sign for that and can only waits for a while. You will make a big profit if you can sell at the highest price but if you still delay for selling on the highest price, your profit will also delay. Those who have many Bitcoin will not sell them at once because they will want to keep some Bitcoin for the future. After all, Bitcoin has a bright future. This situation is difficult so maybe we can hold our Bitcoin for more until the price increases to the new ATH.
October 12, 2024, 12:18:00 PM
I don't think it's difficult for bitcoin to hit a new ATH even though currently the price has fallen by 14.5% from the previous ATH in May. The highest price at that time for bitcoin was $73,737.94 as recorded on coingekco, while today the price of bitcoin is trading at around $63,178.89. The gap isn't that big, right, so stay optimistic while it's still possible to hope for it.
Many of us may think that 2 months to the end of the year is not long, but I think there are a lot of things that will happen along the way and we never know what they are. Various possibilities are speculated including bullish or sideway, but I still remain optimistic about the new ATH that will be achieved during the rest of the year. If bitcoin hits $74k in the rest of the year, then it will also be called a new ATH. In fact, many of us expected higher nominal prices instead of just the new ATH.
I agree, we're describing the two month period like it's not a significant amount of time. We're approximately 45 days away from 2025, a lot can happen in the blink of an eye; we can wake up tomorrow and Bitcoin may have plummeted or achieved a new ATH. Investments are unpredictable and may not follow a specific course of events. I'm not claiming that hitting a new ATH is impossible, but unlikely due to the pattern it has been following the past few months, while the truth is that you have a solid point, even $100 above the current ATH is still a new record, and we're barely less than $10,000 away from it. Many of us may think that 2 months to the end of the year is not long, but I think there are a lot of things that will happen along the way and we never know what they are. Various possibilities are speculated including bullish or sideway, but I still remain optimistic about the new ATH that will be achieved during the rest of the year. If bitcoin hits $74k in the rest of the year, then it will also be called a new ATH. In fact, many of us expected higher nominal prices instead of just the new ATH.
October 12, 2024, 09:25:13 AM
Many of us may think that 2 months to the end of the year is not long, but I think there are a lot of things that will happen along the way and we never know what they are. Various possibilities are speculated including bullish or sideway, but I still remain optimistic about the new ATH that will be achieved during the rest of the year. If bitcoin hits $74k in the rest of the year, then it will also be called a new ATH. In fact, many of us expected higher nominal prices instead of just the new ATH.
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October 12, 2024, 06:44:42 AM
71k and a week after the value fell down badly again and I believe that there are chances of 100k but not today or tomorrow in which this will take another months from now and from there we can see 6 digits and more growth for another couple of years.
I also still think that Bitcoin can still surpass $71K by the end of this year and by early next year it could approach $100K if there is no deep price correction. Because now we are in the time to see a bullrun even though this year Bitcoin has made a new ATH at its price level in the first quarter of this year. But for the next increase that can exceed $71K I think it is still quite reasonable to expect because that is something that looks quite feasible for everyone to look forward to in the end of the year and early next year in Bitcoin. 
October 12, 2024, 05:07:01 AM
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