The BTC deep continues for the next SIX Months. - page 3.

wxa7115

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Quote from: DOH! on March 07, 2023, 11:34:29 AM

A more upbeat outlook with the global economic picture that could ease the pressure on bitcoin is anticipated in the third quarter of this year. And even if in the next 6 months bitcoin could drop but I don't think it will bottom deeper than the 15k it has formed. The key support I think could be 19,000 if bitcoin plummets in the coming months but recovers quickly. The 2nd scenario could be bitcoin breaking through the key friction of 25k and hitting $28k and keeping the next bullish bottom at 25k. I'm ready with these scenarios and lined up to act accordingly.

Even if the price of bitcoin went down again it is unlikely it will go below the 20k support level, and even if it did I think a price below the bottom of 15k is incredibly unlikely to be reached and it will require external factors for it to take place.

However the most likely outcome during the next months will be for the price of bitcoin to remain close to the current levels with several attempts to try to go above the 25k resistance level, attempts which I think will fail as there is not enough strength to surpass it at the moment.

STT

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Its challenged, that doesnt make it without hope. We can swim upstream despite the struggle BTC could do well but I think its going to struggle this whole year rather boom which some might hope for. Today its declined from a trend set since mid Feb and so it seems to continue, brief rally and sell mostly amounting to sideways.

_BlackStar

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Quote from: Semar Mesem on March 07, 2023, 10:37:29 AM

I think it doesn't matter if the price continues deep for 6 months, bitcoin can provide big profits if we hold it for the long term, it's better to make big profits in 2 years than having to sell at a loss, now is the time to keep buying and if the price has gone up 2x or more then we can sell some, don't be pessimistic about the future of bitcoin.

Optimism about bitcoin's price potential in the long term is worth maintaining, I think the odds are quite reasonable as far as bitcoin is concerned. I mean, I'm not sure any other crypto will have the same potential compared to bitcoin, so buying bitcoin now and holding it is a really wise choice.

But despite the high hopes about the price of bitcoin in the long term, you also can't 100% get all your budget on bitcoin. The fact is bitcoin is a risky investment asset, even if you are sure you can maintain its security but you never know what will happen in the future. So consider your risks wisely.

DOH!

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A more upbeat outlook with the global economic picture that could ease the pressure on bitcoin is anticipated in the third quarter of this year. And even if in the next 6 months bitcoin could drop but I don't think it will bottom deeper than the 15k it has formed. The key support I think could be 19,000 if bitcoin plummets in the coming months but recovers quickly. The 2nd scenario could be bitcoin breaking through the key friction of 25k and hitting $28k and keeping the next bullish bottom at 25k. I'm ready with these scenarios and lined up to act accordingly.

GreenStox

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i dont understand about saga your talking about, but i also have prediction that bitcoin will go down more than 15500 last year.
maybe going to around 12k or more, i dont know where to go the certain price but it wont go up for now.

Semar Mesem

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I think it doesn't matter if the price continues deep for 6 months, bitcoin can provide big profits if we hold it for the long term, it's better to make big profits in 2 years than having to sell at a loss, now is the time to keep buying and if the price has gone up 2x or more then we can sell some, don't be pessimistic about the future of bitcoin.

bettercrypto

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

So you mean, from the day you created this topic for the next six months no increase in value of bitcoin will happen in the market? is that what you mean?

Maybe, maybe it's true and you're not saying it, but even so it will remain just your opinion and speculation. Because no one really knows what its exact value will be in 6 months from now. And many people confirmed that and many people were embarrassed by the predictions made by other communities here.

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Quote from: doomloop on March 06, 2023, 03:19:20 PM

Quote from: CageMabok on March 05, 2023, 03:58:13 AM

Quote from: Joshapat on March 05, 2023, 02:54:38 AM

Sometimes a bad trend can occur in the long term, as it happened in 2013 it took almost 4 years to make ATH again, and after 2021 the price reached ATH at $69k, many experts believe that the current negative trend will continue until halving day next year, but if we focus on big profits in the long term then now is the best time to keep buying.

Experts can only say according to their own predictions and they basically cannot forecast Bitcoin and cryptocurrency market conditions fully and accurately in the four years after ATH Bitcoin occurs in 2021. And as for buying for better profits in the future, it is now it's still right and it's not too late, but you also don't need to trust the experts who often make predictions for the Bitcoin and cryptocurrency market. Because they won't see anyone who has lost through the cryptocurrency market like in the past year.

They only based their predictions on the past but there is no way they can tell what can happen in the future and we all know that not all that happened in the past can repeat so we guys must not worry if they indicate negativity or a long-term bearish market. 4 years after 2021 would be 2025 but in 2024 there is a halving event in Bitcoin which is said to have a positive impact in its price.

I also believe on that and I think the increase will continue up to the year of 2025. We should invest only according to our own instincts and knowledge and not based on those so-called experts and influencers because it's our own money, not theirs.

Halving will always be the trigger for the bull market and it's just less than a year before 2024, BTC would gradually rally already before the halving year as usual otherwise it will not pass the previous ATH.

And with the economic crisis going on adding up the BTC popularity, 6 months is way too long for BTC to be dragged all the way down. People will keep on buying while they think the price is also going to explode to a $100k.

doomloop

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Quote from: CageMabok on March 05, 2023, 03:58:13 AM

Quote from: Joshapat on March 05, 2023, 02:54:38 AM

Sometimes a bad trend can occur in the long term, as it happened in 2013 it took almost 4 years to make ATH again, and after 2021 the price reached ATH at $69k, many experts believe that the current negative trend will continue until halving day next year, but if we focus on big profits in the long term then now is the best time to keep buying.

Experts can only say according to their own predictions and they basically cannot forecast Bitcoin and cryptocurrency market conditions fully and accurately in the four years after ATH Bitcoin occurs in 2021. And as for buying for better profits in the future, it is now it's still right and it's not too late, but you also don't need to trust the experts who often make predictions for the Bitcoin and cryptocurrency market. Because they won't see anyone who has lost through the cryptocurrency market like in the past year.

They only based their predictions on the past but there is no way they can tell what can happen in the future and we all know that not all that happened in the past can repeat so we guys must not worry if they indicate negativity or a long-term bearish market. 4 years after 2021 would be 2025 but in 2024 there is a halving event in Bitcoin which is said to have a positive impact in its price.

I also believe on that and I think the increase will continue up to the year of 2025. We should invest only according to our own instincts and knowledge and not based on those so-called experts and influencers because it's our own money, not theirs.

Merit.s

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing.

If you have been following up in this board, you will notice that from speculation we observe that bitcoin isn't in the bull run yet,it only regained its price within 21k range to 23k. Which when it reached 25k,it was still clear to me that the price will go below that. Therefore, the present price of bitcoin is not a significant that it will dump below 21k,it is showing its natural volatile nature. The halving will come next year either early April or late April not really sure. After the halving that is when you can now begin to have a high pump of price till ATH.

Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing.
If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

All these are signs to show that we are going to experience bitcoin halving soon,and also a prove to show that bitcoin moves in circle. Transferring of bitcoin from one wallet to another doesn't lead to price dump.

Franctoshi

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

The market is not a rocket that does shoot up into the sky to its destination, but moves in a corrective way both in bear market and in the bull market technically , meaning it goes up a little and pulls back little verse vasa, before it will actually gets to its destination point.
Therefore market is still healthy Because Bitcoin has not broken some major support level right now, however $19k is level to watch if we get further corrections from the current $22k price level.

Quote from: Blisszi on February 24, 2023, 02:13:51 PM

BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

These are weak hands, people that are only interested in the short term gains of Bitcoin, they only comes in to buy when Bitcoin is in a Bull market and disappears when there is a Bear market, and it usually the nature of the market whenever we enters a bear market, so no cause for alarm.

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Quote from: CageMabok on March 05, 2023, 03:58:13 AM

Quote from: Joshapat on March 05, 2023, 02:54:38 AM

Sometimes a bad trend can occur in the long term, as it happened in 2013 it took almost 4 years to make ATH again, and after 2021 the price reached ATH at $69k, many experts believe that the current negative trend will continue until halving day next year, but if we focus on big profits in the long term then now is the best time to keep buying.

Experts can only say according to their own predictions and they basically cannot forecast Bitcoin and cryptocurrency market conditions fully and accurately in the four years after ATH Bitcoin occurs in 2021. And as for buying for better profits in the future, it is now it's still right and it's not too late, but you also don't need to trust the experts who often make predictions for the Bitcoin and cryptocurrency market. Because they won't see anyone who has lost through the cryptocurrency market like in the past year.

Different people have different comments about BTC. Some interpret it positively and some others negatively. But the real truth is unknown to everyone. And through this vacillation BTC can be bullish and bearish. The idea that being bearish for a long period of time will naturally lead to bullishness in the future is well known. But depending on the situation it can be bearish. America's recent hostility has had quite a negative impact on crypto. But if the US turns against crypto, they could face a major disaster. I think crypto will have a resurgence later this year.

kamvreto

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Quote from: capedbaldy on March 04, 2023, 07:57:37 PM

When the market conditions are bullish then it is not impossible to achieve a significant increase, we can assume that now is not when the market reaches that price so the market move is moving in place to strengthen the support area to maintain the price and it will be easy to break the 25k wall for a recovery high, I think there is no doubt to reach a high price in the future because years of bitcoin movement has proven that the market manages to reach a new ATH every 2 to 4 years, so just think about what new ATH price will reach in the future.

All who believe in bitcoin certainly also believe that bitcoin can reach a new ATH in the future, there is no doubt about that. Expecting a bullish market for this year may not be wrong, there will be some bullishness that can make the market return to a positive trend. resistance at $25k is still a challenge for bitcoin, if the nearest resistance can be broken then going up to $30k could happen this year. But all possibilities can happen, therefore buying now at a price in the $20k area is still quite cheap.

Quote from: ethereumhunter on March 05, 2023, 03:51:10 AM

I still feel that in March, the bitcoin price has not been able to increase as high as $30k but hopefully I'm wrong and there will be some positive news that can help the price go up high. I just feel that the bitcoin price may start rallying after the middle of this year until after the halving, but that also depends on the situation in the market. But I still believe that bitcoin can reach the last ATH and even create a new ATH at the right time. And it's true what you say that it's only a matter of time.

Meanwhile, we should enjoy the ups and downs of prices and try accumulating more bitcoins to sell them at the highest price later. And don't complain if you find that the price doesn't move too much and looks sideways because you can never know where bitcoin is going.

The middle of this year might be expected, but after the halving is over there will be some significant declines like in previous years, but will rise again. The ATH target of $100k has been said a lot and it will be the main target for the new ATH later. Hopefully the good news will continue to emerge and bring a positive trend for the development of the bitcoin market.

CageMabok

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Quote from: Joshapat on March 05, 2023, 02:54:38 AM

Sometimes a bad trend can occur in the long term, as it happened in 2013 it took almost 4 years to make ATH again, and after 2021 the price reached ATH at $69k, many experts believe that the current negative trend will continue until halving day next year, but if we focus on big profits in the long term then now is the best time to keep buying.

Experts can only say according to their own predictions and they basically cannot forecast Bitcoin and cryptocurrency market conditions fully and accurately in the four years after ATH Bitcoin occurs in 2021. And as for buying for better profits in the future, it is now it's still right and it's not too late, but you also don't need to trust the experts who often make predictions for the Bitcoin and cryptocurrency market. Because they won't see anyone who has lost through the cryptocurrency market like in the past year.

ethereumhunter

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Quote from: kamvreto on March 04, 2023, 07:42:11 PM

Quote from: ethereumhunter on March 04, 2023, 09:29:26 AM

Quote from: Xcode7 on March 04, 2023, 04:50:55 AM

Quote from: bestcoins1 on February 27, 2023, 06:54:47 AM

What reasons have you found in groups, websites, and telegrams for BTC price charts now? Because if it's only about the belief that Bitcoin will reach $ 30K in the short term, I personally also believe in this because Bitcoin is indeed experiencing a recovery period even though it is always accompanied by price corrections in the market.

with what is happening right now, of course there is no doubt, but one cannot say for sure when that time will come.
there is a lot of analysis on groups, websites and telegrams but I think it's just an analysis that everyone has the right to assume or speculate about what will happen in the future, and that's just an analysis that doesn't need to be debated because all of us have it.

It's better not to believe too much in other people's analysis because no one knows when bitcoin will reach $ 30k or even $ 60k again. It's better for us to analyze it ourselves. Even though there is analysis from people from groups, websites and telegrams, we make it as additional information that might be useful for us. Bitcoin is recovering after a deep decline and may take a while longer to start rising and breaking through $30k. So we have to be patient and wait, and if the price remains like this for the next six months, that's also okay because bitcoin can increase high later and create new ATH again.

Indeed, analysis from other people should be used as a reference or additional information because each analysis will not be the same. it is better to do research independently because it will be better to implement. Research can use technical and fundamental analysis, you need to learn basic knowledge to be able to do it. When bitcoin stays at its current price for 6 months, of course it will be an opportunity for altcoins to start recovering in price, which means Bitcoin is going sideways. To reach $ 30k or even $ 60k is not easy because it takes time and some positive trends which are certainly supportive for bitcoin to rise. When the market keeps crashing it's a good opportunity to buy. But rest assured, the current bitcoin price is still very cheap. We see from the last ATH and the new ATH will definitely be reached. Just waiting time.

I still feel that in March, the bitcoin price has not been able to increase as high as $30k but hopefully I'm wrong and there will be some positive news that can help the price go up high. I just feel that the bitcoin price may start rallying after the middle of this year until after the halving, but that also depends on the situation in the market. But I still believe that bitcoin can reach the last ATH and even create a new ATH at the right time. And it's true what you say that it's only a matter of time.

Meanwhile, we should enjoy the ups and downs of prices and try accumulating more bitcoins to sell them at the highest price later. And don't complain if you find that the price doesn't move too much and looks sideways because you can never know where bitcoin is going.

Joshapat

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Sometimes a bad trend can occur in the long term, as it happened in 2013 it took almost 4 years to make ATH again, and after 2021 the price reached ATH at $69k, many experts believe that the current negative trend will continue until halving day next year, but if we focus on big profits in the long term then now is the best time to keep buying.

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

I do not understand how removing a large number of BTC from the system, as you say, leads to a decrease in the price. The exact opposite is supposed to happen according to market law, because a decrease in supply will inevitably lead to an increase in demand!!! This is an axiom known to all!!!

I see that not everyone agrees with you on this analysis, and the majority, on the contrary, support the rise of Bitcoin in the next six months, which is closest to reality and logic.

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Quote from: kamvreto on March 04, 2023, 07:42:11 PM

To reach $ 30k or even $ 60k is not easy because it takes time and some positive trends which are certainly supportive for bitcoin to rise. When the market keeps crashing it's a good opportunity to buy. But rest assured, the current bitcoin price is still very cheap. We see from the last ATH and the new ATH will definitely be reached. Just waiting time.

When the market conditions are bullish then it is not impossible to achieve a significant increase, we can assume that now is not when the market reaches that price so the market move is moving in place to strengthen the support area to maintain the price and it will be easy to break the 25k wall for a recovery high, I think there is no doubt to reach a high price in the future because years of bitcoin movement has proven that the market manages to reach a new ATH every 2 to 4 years, so just think about what new ATH price will reach in the future.

Baofeng

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Quote from: Lucius on February 27, 2023, 06:24:07 AM

Quote from: Jating on February 26, 2023, 05:47:22 PM

It seems to be that this sounds like a pure FUD on the part of the OP.

The OP is a plagiarist, and maybe he uses an AI chat bot, so there's no point in asking him something, because he doesn't even understand what he wrote. FUD or not, we don't need to waste time on these kinds of discussions because they lead nowhere.

Could be true, but we need to counter it contradict it right away so that others won't believed on this news specially for newbies.

So we need to be very careful as there are thrreads that popping up here and there that seems to be just fake news or AI both answers. In any case, for those who are here for such a long time, we are not going to be affected. But it is important to not let this slide on our community without calling what is wrong with this kind of statement.

kamvreto

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Quote from: ethereumhunter on March 04, 2023, 09:29:26 AM

Quote from: Xcode7 on March 04, 2023, 04:50:55 AM

Quote from: bestcoins1 on February 27, 2023, 06:54:47 AM

What reasons have you found in groups, websites, and telegrams for BTC price charts now? Because if it's only about the belief that Bitcoin will reach $ 30K in the short term, I personally also believe in this because Bitcoin is indeed experiencing a recovery period even though it is always accompanied by price corrections in the market.

with what is happening right now, of course there is no doubt, but one cannot say for sure when that time will come.
there is a lot of analysis on groups, websites and telegrams but I think it's just an analysis that everyone has the right to assume or speculate about what will happen in the future, and that's just an analysis that doesn't need to be debated because all of us have it.

It's better not to believe too much in other people's analysis because no one knows when bitcoin will reach $ 30k or even $ 60k again. It's better for us to analyze it ourselves. Even though there is analysis from people from groups, websites and telegrams, we make it as additional information that might be useful for us. Bitcoin is recovering after a deep decline and may take a while longer to start rising and breaking through $30k. So we have to be patient and wait, and if the price remains like this for the next six months, that's also okay because bitcoin can increase high later and create new ATH again.

Indeed, analysis from other people should be used as a reference or additional information because each analysis will not be the same. it is better to do research independently because it will be better to implement. Research can use technical and fundamental analysis, you need to learn basic knowledge to be able to do it. When bitcoin stays at its current price for 6 months, of course it will be an opportunity for altcoins to start recovering in price, which means Bitcoin is going sideways. To reach $ 30k or even $ 60k is not easy because it takes time and some positive trends which are certainly supportive for bitcoin to rise. When the market keeps crashing it's a good opportunity to buy. But rest assured, the current bitcoin price is still very cheap. We see from the last ATH and the new ATH will definitely be reached. Just waiting time.

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