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Topic: Share your opinion on the market. - page 5. (Read 1271 times)

full member
Activity: 235
Merit: 106
October 03, 2023, 11:17:08 AM
#71
Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.
What you narrated is something that is happening now, for look of bitcoin price right now believe that the price will be shifting up, Currently I think the price of bitcoin  is at twenty eight thousand, so therefore I believe that bitcoin price is something that's moving gradually in price, I think that with the fluctuating rate of bitcoin I believe that the price will approximately get to more than thirty thousand, I may say it will approach to such particular price under probability

When the price of Bitcoin moved from $26k to $27k before the beginning of October, those who were buying Bitcoin were holding for some time. When the month of October started and the price of Bitcoin hit $28k as it got bigger. Then short-term investors started selling, which has since bounced back to $27k.

I believe Bitcoin will increase in price very slowly. And if Bitcoin is to go to 30k or more then it will definitely go by the end of October. Hopefully bitcoin will cross $35k very soon.
hero member
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October 03, 2023, 09:11:05 AM
#70


My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.
Everyone is just assuming the price of bitcoin will definitely rise in this October, what I really know about bitcoin price is that the increment in price does not occur or manifest through predictions or expectations of investors, the price of bitcoin just get increased and above our expectations due to the gravity of investors into the market at particular point in time, but people doesn't understand exactly what makes bitcoin to rise, now we are expecting the price of to increase what is the necessary or a cogent information we obtain in bitcoin that made us to think that bitcoin price is going to be all over green from now it next year, everyone is just exaggerating in bitcoin price because nobody has come with proper proof to indicate that bitcoin price will increase above thirty thousand before end of October and before this year runs out.
full member
Activity: 770
Merit: 184
October 03, 2023, 08:38:53 AM
#69
No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.
What happened to Bitcoin's movement is still a healthy correction and Bitcoin is struggling to break the 30K mark this year, not this month onwards. And Bitcoin's recent rise was 27K and I'm sure the price will fall again, but the decline will not exceed 25k. The reason is, many investors are still waiting for the lowest point in Bitcoin prices with the belief that it will reach 25K, which they think is a good price to buy it. And maybe Bitcoin price will reach 30K by the end of this year, and 2024 is a good year for Btcoin movement which will increase gradually.
Right now there is an oscillating situation among investors. At times Bitcoin moves towards $28k and then comes back. However, if this situation continues, we will definitely see the Bitcoin price rise towards the end of the year. Some investors have yet to gain the confidence that they think the price of Bitcoin will fall further and that they will have the opportunity to buy from the dip. I think bitcoin will be bullish under such conditions. Those who buy and persevere will definitely reach their goals according to their expectations. As per my prediction we can see Bitcoin price at $35k within this year.
hero member
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October 03, 2023, 08:37:28 AM
#68
Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.
What you narrated is something that is happening now, for look of bitcoin price right now believe that the price will be shifting up, Currently I think the price of bitcoin  is at twenty eight thousand, so therefore I believe that bitcoin price is something that's moving gradually in price, I think that with the fluctuating rate of bitcoin I believe that the price will approximately get to more than thirty thousand, I may say it will approach to such particular price under probability
hero member
Activity: 2408
Merit: 584
October 03, 2023, 08:29:55 AM
#67
Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.
Prices can still change at any time - but your optimism about October is certainly justified by the analysis of other users before you. October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.
I was expecting that maybe the price would at least go over $29k but unfortunately, it started dropping back after reaching $28,580 and has already dropped below $27k which means that $28k isn't support but is becoming the resistance now and Bitcoin is having a hard time going above that range. Most of us were expecting that this month might do something for the market, the starting looked good but we will see the progress in a couple of weeks, I guess.

Short-term traders who might have bought at $26k must have sold when the price went up to $28.5k, and if we talk about panic sellers, they might not start reacting very quickly but if the price of Bitcoin moves below $26k, that is when we might see panic sellers starting to react to the price.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
October 03, 2023, 08:12:05 AM
#66
-snip-
October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

The answer is also still changing because the $28k resistance that occurred in the last 24 hours yesterday only lasted for a moment because the closing price was $27.6k. Today's market chart experienced a difference where the indicator showed a buy signal.
But October is still very early which makes me think that there is still hope as market analysis of bitcoin prices will be in better condition than in September.


I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
October 03, 2023, 12:03:16 AM
#65
Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.

Although bitcoin today has a slight correction after the price touched $28.4k yesterday, I have the same thoughts as you. I think bitcoin will continue to recover and will touch the $29.3k area before correcting below $26k. But for me, the expectation of bitcoin reaching $31k this month and then correcting down to $25k is quite high. It's hard to know where bitcoin will go, but I have a feeling October will be more exciting than September, and November will be another exciting month.

We are getting closer to the halving so there will be a lot of interesting volatility and this will also be the final moment for those who want to accumulate more bitcoin.
hero member
Activity: 1022
Merit: 600
October 02, 2023, 03:37:54 PM
#64
Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
October 02, 2023, 01:16:28 PM
#63
-snip-
Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.
Prices can still change at any time - but your optimism about October is certainly justified by the analysis of other users before you. October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
October 02, 2023, 11:24:03 AM
#62
I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.



Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.
legendary
Activity: 2128
Merit: 1775
October 02, 2023, 10:19:22 AM
#61
Feel free to express your opinion be you a professional or trading expert or not.
Indeed, when it comes to crypto, what appears most often on social media and the internet is Bitcoin charts, whether it's speculation or predictions, we often see that for this year and beyond, but I'm sure whatever there is outside about Bitcoin speculation or predictions, I'm sure the crypto market will develop and grow well from all aspects.

Talking about the market and price of Bitcoin, from year to year Bitcoin has never experienced a drop, let alone returning to the point where Bitcoin was issued in 2009, This means that market development towards Bitcoin will have a good phase in the future, maybe it could be above $100k in the next few years, that's my personal analysis, not from outside speculation.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
September 29, 2023, 07:45:45 AM
#60


My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.
September has almost always been a red month for bitcoin and everyone expected this September to repeat, but so far it hasn't happened but only a few days are left, although bitcoin is now showing good growth. Hopefully the expectations for October will be correct. Otherwise we might see a red October.
hero member
Activity: 2422
Merit: 513
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September 29, 2023, 07:19:47 AM
#59


My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.
sr. member
Activity: 2590
Merit: 452
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September 29, 2023, 06:15:43 AM
#58
No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.
What happened to Bitcoin's movement is still a healthy correction and Bitcoin is struggling to break the 30K mark this year, not this month onwards. And Bitcoin's recent rise was 27K and I'm sure the price will fall again, but the decline will not exceed 25k. The reason is, many investors are still waiting for the lowest point in Bitcoin prices with the belief that it will reach 25K, which they think is a good price to buy it. And maybe Bitcoin price will reach 30K by the end of this year, and 2024 is a good year for Btcoin movement which will increase gradually.
sr. member
Activity: 756
Merit: 454
September 29, 2023, 05:49:31 AM
#57
No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.
full member
Activity: 2590
Merit: 228
September 29, 2023, 04:00:15 AM
#56
I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.
It seems like you slept too much this year and didn't watch the market more and see the price of Bitcoin this year, even though it is very clear that this year Bitcoin has passed the price of $30K and even passed the price of $31K in mid-July this year. You can see for yourself in the market from now on so that you no longer think wrongly about the achievements that have occurred in Bitcoin this year or you can also see the image below as proof.


or he does not care ? because a simple clicking of coinmarketcap https://coinmarketcap.com/currencies/bitcoin/ will show instantly what is the highest price taken this 2023.
but yes he might be sleeping or not checking the market and just relying to what he is reading here in other spammer.
The market is not going anywhere. You would think that by end of September it would have a trend at least but it’s just trading sideways.
that's why we must be ready  to take sideways any time soon?

September shows also the hardness of this season so lets see what will the last quarter might bring.
hero member
Activity: 1540
Merit: 772
September 28, 2023, 01:11:28 PM
#55
Looking at the chart, September has never been good for bitcoin, but looking at the history of October, it has always been a green month for bitcoin, so we can expect more positive changes this October.
History records this, making it a measure that September is not a good month for Bitcoin in terms of price. I agree but not completely even though the Bitcoin price graph in 30d that I saw on several sites still shows the line in red.

My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.
hero member
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September 28, 2023, 11:13:40 AM
#54

Bitcoin broke the 27k benchmark for a long time today and this os a far more comfortable price zone for Bitcoin at the moment because from the current market value Bitcoin can easily build up resistant that will sustain the price of bitcoin from falling below the current established benchmark.
Although Bitcoin have made multiple attempts by climbing up to 27k before and failed to resist the pullback forces that pulled its price back to 25k a few days/weeks ago.
hero member
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DGbet.fun - Crypto Sportsbook
September 28, 2023, 11:02:55 AM
#53
-snip-
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.
So far I've ignored short-term volatility as much as I can - but let's see if bitcoin manages to close September above $27k or if bitcoin tests the lower support of $25k.

I don't believe in either one - but it seems possible that $27k will be the closing price for the end of this month. If that's true - then $40k will most likely be tested in October so the analysis OP made shouldn't be said to be completely wrong. September was not a good month for bitcoin - but October will give a lot of hope.
Bitcoin getting increase above twenty six thousand will be under probability, but the thing is that we can't predict accurately the price of bitcoin, so what I expected us to understand concerning bitcoin price is that our expectation for bitcoin price should be something of 2025 and 2026, currently we may experience more downfall of bitcoin before this year get to an end or the values continues spinning in between twenty six thousand to twenty seven thousand.

If everyone checks the price right now, we'll see bitcoin is getting closer to the $27k target and we're only 2 days away from the end of September.  yes, it is impossible to predict anything even with only 2 days left until the end of the month, but with the expectation that bitcoin can close the monthly candle above 27 thousand USD is becoming more feasible than ever.

Looking at the chart, September has never been good for bitcoin, but looking at the history of October, it has always been a green month for bitcoin, so we can expect more positive changes this October.
hero member
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September 26, 2023, 04:14:32 PM
#52
-snip-
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.
So far I've ignored short-term volatility as much as I can - but let's see if bitcoin manages to close September above $27k or if bitcoin tests the lower support of $25k.

I don't believe in either one - but it seems possible that $27k will be the closing price for the end of this month. If that's true - then $40k will most likely be tested in October so the analysis OP made shouldn't be said to be completely wrong. September was not a good month for bitcoin - but October will give a lot of hope.
Bitcoin getting increase above twenty six thousand will be under probability, but the thing is that we can't predict accurately the price of bitcoin, so what I expected us to understand concerning bitcoin price is that our expectation for bitcoin price should be something of 2025 and 2026, currently we may experience more downfall of bitcoin before this year get to an end or the values continues spinning in between twenty six thousand to twenty seven thousand.
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