The Bitcoin market is back on track - page 3.

ancafe

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Quote from: DeathAngel on June 17, 2023, 02:25:06 PM

It’s always only a matter of time until bitcoin reverts to number go up. Bitcoin is the most impressive innovation of the last 100 years or more, you can put your foot on a water submerged ball for only so long. When you get tired & release pressure, BOOM!

Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?

Bitcoin is truly unique and has far more reliable capabilities compared to other cryptos, although in the last few days binance has had problems causing bitcoin to undergo a panic based correction. But for today bitcoin is back on a much better track from the previous correction process, although I didn't try to analyze how things have been in the last 100 years or so as you said, the hope to continue to make bitcoin more reliable will be in line with conditions continuing into the day This.

Belief has led us to the conclusion that collecting bitcoins is the most appropriate way to protect the value of the currency we have. Let's hope that in 2025 we will see the price as you said and that's when we will get big profits from the Holding that we do for the past several years.

Lanatsa

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Quote from: Kadal Ijo on June 15, 2023, 01:12:52 AM

Quote from: Uruhara on June 08, 2023, 02:22:04 PM

Quote from: imamusma on June 02, 2023, 10:36:59 AM

Quote from: Uruhara on June 01, 2023, 03:02:29 PM

Quote from: imamusma on June 01, 2023, 02:54:41 PM

Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.

So true. But for long-term investors, actually by looking at a larger timeframe, the current price can still be said to be a price that is still in the accumulation area. So we don't worry too much about the small movements seen through the larger timeframes. But for day traders, maybe those who always see more movement from smaller timeframes, of course, paying attention to the slightest movement will be very important to do. They can even take advantage of volatility to make short-term trades.

Just like you said, long term investors are very likely to ignore short term price volatility and choose to focus more on much longer time frames while accumulating bitcoin. This is an investment strategy that should work when investors expect returns in the long term, but of course day traders can also take advantage of current market conditions to make some profits.

In the end, all of us have our own way of adjusting investment strategies and plans. I tend to expect returns over the long term rather than for shorter time frames, so it only makes sense for me to accumulate bitcoin and continue to do so consistently for as long as I have budget.

I also do the same as what you do. That is, preferring to take advantage of the long term and patiently holding onto the accumulated stock until the target price is met.

Currently Bitcoin is also starting to experience a correction again since the news of the SEC suing Binance and CZ circulated. and this can actually be another opportunity that can be used to accumulate more.

Binance issues are indeed very influential in the market, as we know that the Binance group is the ruler of the crypto market, when there are lawsuits and problems at Binance it will create a big panic, but the good thing is that Binance's services are still normal and I have transferred some assets to Binance for fear of a hurricane like FTX.

Speaking about Binance issue, then it would really be just that having the normal approach that we would really be having that kind of thinking or assumption that market would really be in reds specially that

Binance is really that tied up with this current SEC issue which we know that it could really stir up people who are engaging into crypto space. Being one of the most popular platform or exchange that we do have in the market today.Then it would really be impossible that it wont really be making some significant impact specially people would be having those presumptions in mind that arent that good
which it would really be causing up with that kind of panic which it is really that something needs to be stopped because if you do panic then you would panic sell and thats considered as total lost.

Well, it is really that normal on having that kind of impression because not all would really be that emotionally prepared on what would happen on this market. Sentiments and news like this could anytime
pop out specially government does really lave on stirring things up according into their plans and liking. This is why on the time that this would really be showing these kind of news then
it would really be something means bearish.

DeathAngel

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It’s always only a matter of time until bitcoin reverts to number go up. Bitcoin is the most impressive innovation of the last 100 years or more, you can put your foot on a water submerged ball for only so long. When you get tired & release pressure, BOOM!

Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?

Kadal Ijo

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Quote from: Uruhara on June 08, 2023, 02:22:04 PM

Quote from: imamusma on June 02, 2023, 10:36:59 AM

Quote from: Uruhara on June 01, 2023, 03:02:29 PM

Quote from: imamusma on June 01, 2023, 02:54:41 PM

Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.

So true. But for long-term investors, actually by looking at a larger timeframe, the current price can still be said to be a price that is still in the accumulation area. So we don't worry too much about the small movements seen through the larger timeframes. But for day traders, maybe those who always see more movement from smaller timeframes, of course, paying attention to the slightest movement will be very important to do. They can even take advantage of volatility to make short-term trades.

Just like you said, long term investors are very likely to ignore short term price volatility and choose to focus more on much longer time frames while accumulating bitcoin. This is an investment strategy that should work when investors expect returns in the long term, but of course day traders can also take advantage of current market conditions to make some profits.

In the end, all of us have our own way of adjusting investment strategies and plans. I tend to expect returns over the long term rather than for shorter time frames, so it only makes sense for me to accumulate bitcoin and continue to do so consistently for as long as I have budget.

I also do the same as what you do. That is, preferring to take advantage of the long term and patiently holding onto the accumulated stock until the target price is met.

Currently Bitcoin is also starting to experience a correction again since the news of the SEC suing Binance and CZ circulated. and this can actually be another opportunity that can be used to accumulate more.

Binance issues are indeed very influential in the market, as we know that the Binance group is the ruler of the crypto market, when there are lawsuits and problems at Binance it will create a big panic, but the good thing is that Binance's services are still normal and I have transferred some assets to Binance for fear of a hurricane like FTX.

Desscount

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As long as the Bitcoin price can be above $ 20k then I dare say Bitcoin is on the way,
but if Bitcoin is below $ 20k I don't know the dump will be more powerful, maybe another $ 15k,
so from now on we should be able to analyze it before buying.

Jating

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Quote from: Mario Yamasaki on June 09, 2023, 10:28:51 AM

Even though the current price is declining, I'm sure the price will return to the track immediately, of course if the price has reached $ 30k, it can be said to return to the right path, and I'm sure the price of $ 30k will occur in June, now what we think about is continuing to buy And don't panic.

Immediately? meaning short term? I doubt that we will remain to or reach $30k though, even at the end of the month. There's too much going on the market right now, for sure you have heard the SEC vs Coinbase/Binance case, if not then I urge you to read about it. As much as we say that it doesn't have an effect, but as we can see the price goes to $25k again, so it's not a good sign.

However, if we are going to look at long term, then no doubt I can see the price recovering maybe in what we called the -ber months, the last quarter of the year. There could be a good bounce and we might see the price going to $30k-$40k before the end of the year.

Sanitough

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Quote from: imamusma on June 01, 2023, 02:54:41 PM

Quote from: Uruhara on June 01, 2023, 01:40:42 PM

Although we cannot know for sure where the market will move, especially the next bitcoin price. But I hope so too. Sometimes a correction is needed to muster more strength to enter an upgrade to a higher level in the next bull run. But today's altcoin market is becoming more erratic. the volatility sometimes on some assets is always the opposite of Bitcoin. although the majority follow bitcoin.

Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.

Precisely. Due to high volatility, traders and investors should know when to invest or trade so they can take advantage of the opportunities that this high volatility brings to the market. Otherwise, if we don’t know how to manage the risks and just jump to conclusion with our uncontrolled emotions, then we will always see volatility or price corrections as no good at all since we may end up losing rather than taking advantage and being profitable. Bitcoin is indeed highly volatile, but know that it’s certainly the best reason why we are able to gain exceptional and life changing profits through investing and trading.

Mario Yamasaki

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Even though the current price is declining, I'm sure the price will return to the track immediately, of course if the price has reached $ 30k, it can be said to return to the right path, and I'm sure the price of $ 30k will occur in June, now what we think about is continuing to buy And don't panic.

Odusko

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Quote from: phantailaptopbl on June 08, 2023, 02:11:24 PM

Quote from: Kadal Ijo on June 06, 2023, 08:47:13 AM

The market is out of track, since March when the hope that the price will continue to rise has not happened yet, the market continues to decline and makes us have to be patient, the best solution is to be patient because if we sell at the current price, of course we will make a loss, it's better to be silent and do something else for example cycling out of town and don't look at the price of the week.

it was when the year started but then it started going sideways and correcting itself, and since then,the market is mostly going sideways and dropping more than going up, The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin and because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.

At this point, we can speculate that the price of Bitcoin is in recovery mode and as a matter of urgency the price need to revive back to somewhere around 29k to 30k to give market speculators the appetite to make some useful forecast because, at the present price, all we can do is just accumulate more and more bitcoins since the price is currently at a discount price compared to the price it was some weeks back.
But we may likely not see that significant price increase in thos months, I don't know what the last quarter of the year 2023 will look like but then also we can't stop but keep predicting well. Market price.

Uruhara

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Quote from: imamusma on June 02, 2023, 10:36:59 AM

Quote from: Uruhara on June 01, 2023, 03:02:29 PM

Quote from: imamusma on June 01, 2023, 02:54:41 PM

Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.

So true. But for long-term investors, actually by looking at a larger timeframe, the current price can still be said to be a price that is still in the accumulation area. So we don't worry too much about the small movements seen through the larger timeframes. But for day traders, maybe those who always see more movement from smaller timeframes, of course, paying attention to the slightest movement will be very important to do. They can even take advantage of volatility to make short-term trades.

Just like you said, long term investors are very likely to ignore short term price volatility and choose to focus more on much longer time frames while accumulating bitcoin. This is an investment strategy that should work when investors expect returns in the long term, but of course day traders can also take advantage of current market conditions to make some profits.

In the end, all of us have our own way of adjusting investment strategies and plans. I tend to expect returns over the long term rather than for shorter time frames, so it only makes sense for me to accumulate bitcoin and continue to do so consistently for as long as I have budget.

I also do the same as what you do. That is, preferring to take advantage of the long term and patiently holding onto the accumulated stock until the target price is met.

Currently Bitcoin is also starting to experience a correction again since the news of the SEC suing Binance and CZ circulated. and this can actually be another opportunity that can be used to accumulate more.

phantailaptopbl

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Quote from: Kadal Ijo on June 06, 2023, 08:47:13 AM

The market is out of track, since March when the hope that the price will continue to rise has not happened yet, the market continues to decline and makes us have to be patient, the best solution is to be patient because if we sell at the current price, of course we will make a loss, it's better to be silent and do something else for example cycling out of town and don't look at the price of the week.

it was when the year started but then it started going sideways and correcting itself, and since then,the market is mostly going sideways and dropping more than going up,The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin and because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.

Kadal Ijo

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The market is out of track, since March when the hope that the price will continue to rise has not happened yet, the market continues to decline and makes us have to be patient, the best solution is to be patient because if we sell at the current price, of course we will make a loss, it's better to be silent and do something else for example cycling out of town and don't look at the price of the week.

Orange89

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Ha just less than a year Left for Bitcoin halving currently we can see Charts & graph had some good liquidity, btc Resistance leval and Volume is looking pretty good it's like trend repeating itself btc at same resistance leval in 2019 a year before halving but still i must say we need to watch some upcoming month to knew better

Maybe we are seeing these green market due to whale buying btc hey that's only my assumption it's look like everyone is preparing before big event but on other side their a lot of things going crypto Company Filing Bankruptcy and other centralised exchange like mexc is in rumours all such news from last 1 year almost effecting btc price somehow or other

doomloop

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Quote from: Joshapat on June 03, 2023, 01:42:49 AM

We can't say that the current Bitcoin price is on the right track, sometimes the price drops significantly and yesterday is almost under $ 26K, although the market can sometimes rise again but in my opinion the opportunity to drop is still easy to occur, This is what makes us must always be vigilant and often monitor market conditions .

Well, we can't say that because it is basically not on the right track, the price being on the right track would mean that it keeps going up gradually which is not what's happening lately with the price of Bitcoin, the market is mostly going sideways and dropping more than going up, so the signs are probably in the favor of a deeper dip at this point because it is not being able to hold it strong when it goes up a little bit.

I believe it will still take a few months for the price to get back on the right track, it was when the year started but then it started going sideways and correcting itself, and since then, it hasn't been able to recover from that, we may see some change only after 2023 or maybe within it.

_BlackStar

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Quote from: judaspriest on June 04, 2023, 10:59:47 AM

Quote from: rojan on June 03, 2023, 08:39:38 PM

-snip-

yes we have to be patient if you have bought Bitcoin at $20k or $25k,
because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.
Relax, the chart shows bullish, so we also have to support it to hold bitcoin.

Maintain your optimism if you really want to get returns in the long term. The price of bitcoin is very volatile which is what most are familiar with, so you have to be patient enough to wait for the best return on your investment even if there is good news about it.

Less than one year from now the bitcoin halving will occur. Increased market demand is expected, but you have to go through the process because price swings are bound to exist. Price correction is still possible when you analyze the chart, so you may need to prepare reserve budget to buy more if the analysis is correct.

ajiz138

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Quote from: Falconer on June 04, 2023, 08:45:11 AM

If everyone was as optimistic as you are about bitcoin in the long term, then its price volatility would be very low. But the truth is, everyone has different plans about investing and trading bitcoin and why they buy bitcoin. Without volatility, bitcoin is stablecoin, but because bitcoin is decentralized asset, everyone can trade it freely without control.

People are always different in thinking about bitcoin sometimes with a lot of people panicking it can cause the price of bitcoin to go down and people like that are not always optimistic about their belief in bitcoin they will never think of this as a long term investment because of uncertain certainty even though I am myself too still believe in bitcoin with high volatility but when the price is still low it is an opportunity to continue to buy as the best opportunity.

Quote from: Falconer on June 04, 2023, 08:45:11 AM

It's just that everyone should consider this volatility as something natural for assets that are freely traded 24 hours every days. Fluctuations will allow anyone to gain as well as cause them to lose, but due to the high demand for bitcoin and their scarcity, the price will only get higher in the long term.

Sometimes there are also those who don't understand the volatility that should be taken for granted, some of them still think that assets with high volatility are dangerous and it's clear that their beliefs are not fully optimistic about bitcoin, let alone with fluctuations that can occur at any time.
The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin will be more valuable in the long term then I will do it for HODL.

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Quote from: rojan on June 03, 2023, 08:39:38 PM

Quote from: Mr.corol on May 02, 2023, 04:35:16 AM

Quote from: Patrol69 on April 26, 2023, 08:52:14 AM

2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.

After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.

Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?

Bitcoin is a digital currency, its price always fluctuates. But we see this year the prices suddenly fell, then suddenly started to rise again. No one can tell when the price of Bitcoin will go up or down. But the price of Bitcoin is expected to go up a lot soon. According to many researchers, we will see a bull market very soon.

yes i also think the price of bitcoin may go up by the end of this year. but i can see the price of bitcoin is going up and down for several days. now the market price of bitcoin is 27000$. i don't understand the price of bitcoin above 30000$ Why not. Always almost in the same position. I have invested some money in bitcoin for which I am waiting for bitcoin price to increase now.

yes we have to be patient if you have bought Bitcoin at $20k or $25k,
because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.
Relax, the chart shows bullish, so we also have to support it to hold bitcoin.

Falconer

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Quote from: Nrcewker on June 04, 2023, 08:21:26 AM

Quote from: Joshapat on June 03, 2023, 01:42:49 AM

We can't say that the current Bitcoin price is on the right track, sometimes the price drops significantly and yesterday is almost under $ 26K, although the market can sometimes rise again but in my opinion the opportunity to drop is still easy to occur, This is what makes us must always be vigilant and often monitor market conditions.

But why should we fear if our motive is to hold for long term. We already know Bitcoin’s capabilities. We know Bitcoins are limited in numbers, hence they are very valuable. Now we know that more Bitcoins cannot be produced if the demand to acquire it increases, hence to fulfil the demand the price will go up. So there are high possibilities that Bitcoins will break the record very soon. So don’t get distracted with these small price drops. Just have faith and wait.

If everyone was as optimistic as you are about bitcoin in the long term, then its price volatility would be very low. But the truth is, everyone has different plans about investing and trading bitcoin and why they buy bitcoin. Without volatility, bitcoin is stablecoin, but because bitcoin is decentralized asset, everyone can trade it freely without control.

It's just that everyone should consider this volatility as something natural for assets that are freely traded 24 hours every days. Fluctuations will allow anyone to gain as well as cause them to lose, but due to the high demand for bitcoin and their scarcity, the price will only get higher in the long term.

Nrcewker

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Quote from: Joshapat on June 03, 2023, 01:42:49 AM

We can't say that the current Bitcoin price is on the right track, sometimes the price drops significantly and yesterday is almost under $ 26K, although the market can sometimes rise again but in my opinion the opportunity to drop is still easy to occur, This is what makes us must always be vigilant and often monitor market conditions .

But why should we fear if our motive is to hold for long term. We already know Bitcoin’s capabilities. We know Bitcoins are limited in numbers, hence they are very valuable. Now we know that more Bitcoins cannot be produced if the demand to acquire it increases, hence to fulfil the demand the price will go up. So there are high possibilities that Bitcoins will break the record very soon. So don’t get distracted with these small price drops. Just have faith and wait.

Weawant

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Quote from: Joshapat on June 03, 2023, 01:42:49 AM

We can't say that the current Bitcoin price is on the right track, sometimes the price drops significantly and yesterday is almost under $ 26K, although the market can sometimes rise again but in my opinion the opportunity to drop is still easy to occur, This is what makes us must always be vigilant and often monitor market conditions .

Bitcoin been on the right tracked doesn't mean it won't have some corrections like as we're experiencing. Bitcoin is holding strong despite all the sell pressure that has happened in the last weeks. It's trying to retest $30,000 again and when it doesn't that it'll continue increasing.

$30,000 is the major resistance, but I strongly see Bitcoin breaking that resistance this month and continuing to increase to $35,000 or as high as $40,000 before the year ends which is why, Bitcoin is on the right track for me.

If it touches that price before the end of the year then we should be expecting some correction as I don't see Bitcoin going beyond $45,000 to $50,000 as the predictions are on this thread. $40,000 is the highest before next year.

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