It is true that there will be people who like to spread FUD, and they will keep doing whatever they do and I feel like that should be the case for every time. I know that it is not going to be a big deal for the time being but I do agree that it should not be going on for too long neither. When they spread the FUD they created out of nowhere (fully fake and proven already) they do not help everyone, in fact they hurt the market by making some people believe them and not buying.
Some people end up waiting for the price to fall harder like they say, and it doesn't, so they miss a chance to make a profit because of people like OP. So all in all, FUD may not change the price much, but it does hurt individuals who believe in them.
Topic: The BTC deep continues for the next SIX Months. (Read 698 times)
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.
It sounds like your prediction is wrong mate, and btc has a hope, bitcoin is pumping at this point of time and you posted this topic last February so it is not six months it is one months of dip and rise back to 30k$ today, this is how bitcoin works it is so unpredictable it is very surprising. 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.
It's hard to predict what bitcoin price will be like in a month or six months. Even though since last year until now the price of bitcoin is still declining, this does not mean that Bitcoin will end. The rise and fall of the bitcoin price is basically a normal thing, even after the Bitcoin halving occurred, the price fell sharply, but all that does not mean that the bitcoin price will not rise again, in fact, after experiencing a bearish phase, a bullish phase will definitely occur, although we don't know exactly when it will happen. But believe that bullish bitcoin will definitely come again in the near future.
There's no way on predicting on prices because its never been predictable in the first place.This is the first thing you should really be accepting and minding about it on the time you do step your foot into this market.Somewhat, we do really have that technicals and other analysis which we could really make use of on where we could able to make out some predictions or analysis which the price might be able to hit up which is good but its not something that we could really be able to finalize considering that there are factors which could really affect out prices along the way.
Therefore, the best approach is on making yourself that versatile and able to cope up on whatever movement we would be able to encounter.
It's hard to predict what bitcoin price will be like in a month or six months. Even though since last year until now the price of bitcoin is still declining, this does not mean that Bitcoin will end. The rise and fall of the bitcoin price is basically a normal thing, even after the Bitcoin halving occurred, the price fell sharply, but all that does not mean that the bitcoin price will not rise again, in fact, after experiencing a bearish phase, a bullish phase will definitely occur, although we don't know exactly when it will happen. But believe that bullish bitcoin will definitely come again in the near future.
The cryptocurrency market is highly unpredictable, and past performance is no guarantee of future results. We don't even know if the bearish trend in the Bitcoin market over the next six months will continue. But I think, if the bull run doesn't happen this year, it will most likely happen next year following the Bitcoin halving schedule.
I totally agree, and in my opinion the only category who could predict Bitcoin's price accurately in the near future is definitely whales ( the ones who own huge quantities of cryptocurrencies ), the market is unfortunately controlled by them. Plus, the current value of BTC is stable and same goes to the market due to it is related to Bitcoin. In fact, we have not seen any remarkable bull run for a long time.In addition to that, the next halving will be certainly effective and useful on Bitcoin and the whole market. It would be great if you keep investing during this year. The more you HODL, the more income but in long time. And beware of fake news, a plenty of liars are spreading incorrect predictions and analyses in order to control holders.
The cryptocurrency market is highly unpredictable, and past performance is no guarantee of future results. We don't even know if the bearish trend in the Bitcoin market over the next six months will continue. But I think, if the bull run doesn't happen this year, it will most likely happen next year following the Bitcoin halving schedule.
It is interesting if Bitcoin Drop is that more and more people buy, this is because they already understand that the market will skyrocket because there are many factors, and I think the biggest factor that makes Bitcoin be strong to survive is an international community that continues to grow.
The community is already given, it is growing by the day and obviously, more people find it as one of the best commodities we have so far. Africa for instance have grown tremendously in the last 5 years or so.
And then we have the cycles that everyone is waiting, right now we are still in the bear market, although some gains have made already. But when we it bull run next year, the market is going to grow big and with that we are going to hit another all time high. So the OP might have intentions when he says that BTC deep continues in the next 6 months, but the opposite is happening.
It is interesting if Bitcoin Drop is that more and more people buy, this is because they already understand that the market will skyrocket because there are many factors, and I think the biggest factor that makes Bitcoin be strong to survive is an international community that continues to grow.
agreed, it will always be done by those who understand bitcoin, if bitcoin drops it is certain that many are eyeing to continue buying and holding it. because it is certain that bitcoin will in time increase and will provide very tempting profits for those who hold it, because every 4 years after the halving period is over it is certain that a renewable ATH will be formed. right, friend, bitcoin will continue to survive because it has been accepted by the international community and has become a profitable investment.
It is interesting if Bitcoin Drop is that more and more people buy, this is because they already understand that the market will skyrocket because there are many factors, and I think the biggest factor that makes Bitcoin be strong to survive is an international community that continues to grow.
After going through a hard time for almost a year then it's time for us to see bitcoin will rise and recover in April, as the usual trend is the price will go up starting in April, if this week the price can reach $ 30k then there is a chance to reach $ 40k in the month this can happen easily.
I think it can reach 30k this month, but 40k is not to come for a while longer. When we are in a bull run, the early stages are usually slow, it grows but it grows slowly and only after it reaches to a bigger point where people start to invest heavily. It is obvious that we are in a situation where it could be profitable and that's why we should be investing whenever we have some money, and usually we do not and that's the trouble.It is not going to be easy for us to be over 40k, we can be 30k easily this month because that's only a few thousand dollars away, but 40k is 10k+ away, and that's not the same thing, so that could definitely take some time instead.
$30k level is not difficult to reach. but $40k, that's a lil bit ambitious for now. but of course, in this market, the movement is fast if there are positive news over positive news that we can read and see. but before that happens, as a holder you should be ready on this progress. if you have financial capability to accumulate more and you do believe on this market, why not collect more while the price is at this level?
After going through a hard time for almost a year then it's time for us to see bitcoin will rise and recover in April, as the usual trend is the price will go up starting in April, if this week the price can reach $ 30k then there is a chance to reach $ 40k in the month this can happen easily.
I think it can reach 30k this month, but 40k is not to come for a while longer. When we are in a bull run, the early stages are usually slow, it grows but it grows slowly and only after it reaches to a bigger point where people start to invest heavily. It is obvious that we are in a situation where it could be profitable and that's why we should be investing whenever we have some money, and usually we do not and that's the trouble.It is not going to be easy for us to be over 40k, we can be 30k easily this month because that's only a few thousand dollars away, but 40k is 10k+ away, and that's not the same thing, so that could definitely take some time instead.
After going through a hard time for almost a year then it's time for us to see bitcoin will rise and recover in April, as the usual trend is the price will go up starting in April, if this week the price can reach $ 30k then there is a chance to reach $ 40k in the month this can happen easily.
There is no need to think about the easy things that happen this month in Bitcoin, because every thing that can happen has a cause and effect that never comes easily to the market. So just hoping that more people get back into the market before the $30K price hits Bitcoin so that there is a possibility for Bitcoin to go past the $30K price even though at this point it hasn't reached that price yet.
And you also need to know that Bitcoin is not always going to increase in April because every year it is not always the same in terms of demand and supply that occur for Bitcoin in the market so there is no need to assume that April is the month for increasing prices as usual.
After going through a hard time for almost a year then it's time for us to see bitcoin will rise and recover in April, as the usual trend is the price will go up starting in April, if this week the price can reach $ 30k then there is a chance to reach $ 40k in the month this can happen easily.
Unfortunately the price decreased again this week and in March it was stuck at the $ 28k level, our hope is of course in April, if in April the market is still difficult to touch $ 30k then many believe that the market will be red until the end of the year, and a negative period can occur until This year.
Well it continue to trade sideways at this point, from the lows of $27,700-$28,500. So it might take some time for the price to increase to the next barrier that we wanted to see which is $30k. The selling pressure though might be too big from now that's why the price is so volatile at $28k. Maybe it was the price that everyone is looking for to sell their stash or at least to get profits.
And so if we wanted to get to $30kk there could be some good news that we need to hear. The banking crisis has pushed us from $22k-$28k last March and that is a huge gain already. But the bullish sentiments is dwindling and the bears trying to take the market again in the last 8 hours or so timeframe. Asian market will be opening soon, and so we might see another attempt at $28k and hopefully holds again.
Unfortunately the price decreased again this week and in March it was stuck at the $ 28k level, our hope is of course in April, if in April the market is still difficult to touch $ 30k then many believe that the market will be red until the end of the year, and a negative period can occur until This year.
The last 6 months of 2022 made us lose too much, the LUNA case was not finished, then the bigger FTX case appeared, which made investors panic and the price dropped to its lowest, now the market looks good and promising, so we must be optimistic about the future of bitcoin.
Before these two things happened, many people were already optimistic about Bitcoin. And when these two things have happened, I think that people's trust and optimism for Bitcoin will also not decrease because there are still many people who believe that Bitcoin can increase again like now after all cases are over and things like that can be seen from several examples in the past so there is no need to doubt the future of Bitcoin because Bitcoin was created to be better for everyone.
The last 6 months of 2022 made us lose too much, the LUNA case was not finished, then the bigger FTX case appeared, which made investors panic and the price dropped to its lowest, now the market looks good and promising, so we must be optimistic about the future of bitcoin.
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
Anyone who is familiar with the historical price trend of bitcoin would tell you that next year and the upper year "2025" is the year for bitcoin to surge in price than expected. What the crypto market will be experiencing more this time, is the uptrend and downtrend of bitcoin price. The least you can do is accumulate and wait patiently till the bull kick start by next year as the case maybe. what are the things that happening around and trying to zoom out on what happened into those previous years on this market which you could actually say that price could neither uprise or decline on which it is really just normal for it to happen on this space.This is why on the time that you do deal on this market then you should prepare yourself into those unexpected things which could really happen in a snap.
Bear market could be long but no one really knows on when.
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
Anyone who is familiar with the historical price trend of bitcoin would tell you that next year and the upper year "2025" is the year for bitcoin to surge in price than expected. What the crypto market will be experiencing more this time, is the uptrend and downtrend of bitcoin price. The least you can do is accumulate and wait patiently till the bull kick start by next year as the case maybe. 
What is happening in the crypto market has happened before for investors to experience bearish market for many months without thought of negative things about Bitcoin, because they believed the bullish season will definitely come for investors to smile again. I think, there are some signs that is going on in the market that showed bullish market is about to take over the market before the end of this week, because the price of Bitcoin has increased to $28,743. I don't think, the price of Bitcoin will decrease more than this current price before it will hit back $40,000 for those that invested to start experiencing positive results from their investment.
But the increase on the price is not something which happens overnight, the halving is probably the most important event on the whole market, but even its effects take some time to reflect on the price.
So while 2024 is likely to be a good year, 2025 is the year in which the bull run will be in full swing, so as you can see we still have a lot of time to accumulate more coins before the price finally explodes.
So while 2024 is likely to be a good year, 2025 is the year in which the bull run will be in full swing, so as you can see we still have a lot of time to accumulate more coins before the price finally explodes.
When the price jumps too high and in a short time it makes us worry because maybe it's a trap and won't happen in the long term, when the price rises slowly as is happening now it makes investors calmer, and if we focus on long-term holding then we have the opportunity to sell by the price is very expensive compared to now.
But when the price raises slowly this attracts investors which are more willing to take their chances and hold their coins for the long term, and not only this is better for the market in general but it is a good thing for those investors too, as it is unlikely that once the price begins to go down they could panic and sell their coins for a low price.
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
But the increase on the price is not something which happens overnight, the halving is probably the most important event on the whole market, but even its effects take some time to reflect on the price.So while 2024 is likely to be a good year, 2025 is the year in which the bull run will be in full swing, so as you can see we still have a lot of time to accumulate more coins before the price finally explodes.
When the price jumps too high and in a short time it makes us worry because maybe it's a trap and won't happen in the long term, when the price rises slowly as is happening now it makes investors calmer, and if we focus on long-term holding then we have the opportunity to sell by the price is very expensive compared to now.
And that's why we really don't listen to newbies post saying that BTC will be dead in the next 6 months hehehe.
With all on what is happening in the US and the UE bailing out banks, printing money and QE, history is repeating itself and as a result Bitcoin is pumping so hard that it goes and breach the biggest barrier at $25k and now it become our support level now. So it's just a question on what will be the price for this month? Can we finally see $30k at least (before seeing a sell out because for sure, this round numbers might be the numbers that people are looking to sell and make profit specially those who buy at $15k-$17k when we are down around November).
With all on what is happening in the US and the UE bailing out banks, printing money and QE, history is repeating itself and as a result Bitcoin is pumping so hard that it goes and breach the biggest barrier at $25k and now it become our support level now. So it's just a question on what will be the price for this month? Can we finally see $30k at least (before seeing a sell out because for sure, this round numbers might be the numbers that people are looking to sell and make profit specially those who buy at $15k-$17k when we are down around November).
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
But the increase on the price is not something which happens overnight, the halving is probably the most important event on the whole market, but even its effects take some time to reflect on the price.So while 2024 is likely to be a good year, 2025 is the year in which the bull run will be in full swing, so as you can see we still have a lot of time to accumulate more coins before the price finally explodes.
actually I am not sure about that 6 months of deep when you posted this in Feb 24 in which the price of bitcoin grows from 15k to 25k , meaning there is no complete Deep here instead the price is healthy moving .
from 2021 we knew that the cycle must happen and that is there are some correction and there are some price pumping and dumping to happen.
but what we have now is a strong position in above 20k mate.
is this not enough for you to call that 6 months is already broken?
it grows back to 20k and above mate.
https://coinmarketcap.com/currencies/bitcoin/
so meaning we are heading to at least another trap or growth.
from 2021 we knew that the cycle must happen and that is there are some correction and there are some price pumping and dumping to happen.
but what we have now is a strong position in above 20k mate.
is this not enough for you to call that 6 months is already broken?
Are you being serious there? What actually makes you think that the price of Bitcoin will go as low as $15.5k? I know everything is possible in a volatile market, but the bull circle is almost about to finish, and the price tends to go up from this point. Even if it goes down, it won't go any lower than $18k or by least $17k.
I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market.
The price has dropped to $19.5K today (last 24 hours), but it is very possible to get a close at a price above $20K. The bear market was thought to have passed since bitcoin was above $23K in January and February, but March returned to the red and dropped below $20K. Of course I don't expect the price to correct deeper again during March, but it is still possible to get a downside since March usually doesn't support the bulls much.I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market.
https://coinmarketcap.com/currencies/bitcoin/
so meaning we are heading to at least another trap or growth.
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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.
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.
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
We can use this countdown if we want to monitor. https://buybitcoinworldwide.com/halving/
Majority of the rumors on which the bull run is in between Q4 of 2024 and Q1 of 2025 but those are just possible assumptions which we dont really know if it would happen or not.This is why when it comes to investment decisions then it do always falls down into your own preference on which no other people would really be the ones would be forcing you on what you should gonna do. I do prefer on having btc in deep or moving sideways for next six months so that i would be able to accumulate as much as i could before the bull run time comes.This might be a thing on where most people might be freaking outWe can use this countdown if we want to monitor. https://buybitcoinworldwide.com/halving/
but to consider about the chances or opportunities that it gives then to those risk takers would be seeing this as a good thing rather than on negative ones.
If we cannot expect a bull run this year, then it is likely that next year will be the year. Based on the history of Bitcoin, there has always been good news after every Bitcoin halving, and the next halving is scheduled for next year.
We can use this countdown if we want to monitor. https://buybitcoinworldwide.com/halving/
We can use this countdown if we want to monitor. https://buybitcoinworldwide.com/halving/
If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
and please stop spreading FUD as it is not helping anything in this market.
Really, market conditions were not good in March, there are a lot of externalities happening with FUD, it is getting tougher and it looks like bitcoin's attempt at 19k has been supported. and i think this is the next bottom after 15k formation. The ability to hold the bottom of 19k will be more pressured at the end of the week. My expectation is that bitcoin will bounce from this low in the next 6 months. Taking advantage of this opportunity to accumulate is my action now
I agree that it is not going to be easy to hold that 19k barrier, it will take a lot of buyers to keep it there but IF we can keep it above 19k then the future looks quite bright for us. The increase should come following that and it will definitely make it a lot more interesting for many people at the same time.We need to learn how to make these type of distinctions between the bottom and the top, we need to learn where the wall is, in order to make predictions. Knowing the difference between being 19.5k and being 18.5k is very important for everyone but unfortunately only a few people know the difference which causes the main issue.
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.
As long as you can do it for the long term, why think too much for the next 6 months. As long as we believe that the long term is better, then that's what we have to believe, regardless of the current conditions or the next 6 months, I think it won't be too much of a problem.Bitcoin's current state isn't much better even than it was a few years ago, but I don't think it's going to be much of a problem as long as we look to the future not the short term.
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.
Are you being serious there? What actually makes you think that the price of Bitcoin will go as low as $15.5k? I know everything is possible in a volatile market, but the bull circle is almost about to finish, and the price tends to go up from this point. Even if it goes down, it won't go any lower than $18k or by least $17k.
I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market.
The price has dropped to $19.5K today (last 24 hours), but it is very possible to get a close at a price above $20K. The bear market was thought to have passed since bitcoin was above $23K in January and February, but March returned to the red and dropped below $20K. Of course I don't expect the price to correct deeper again during March, but it is still possible to get a downside since March usually doesn't support the bulls much. I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market.
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.
Are you being serious there? What actually makes you think that the price of Bitcoin will go as low as $15.5k? I know everything is possible in a volatile market, but the bull circle is almost about to finish, and the price tends to go up from this point. Even if it goes down, it won't go any lower than $18k or by least $17k.maybe going to around 12k or more, i dont know where to go the certain price but it wont go up for now.
I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market.
Many people panic when they see that the price of bitcoin is still red for a long time, but for those of us who are used to investing in bitcoin, of course this is normal and will not be affected, there is an opportunity to make a profit when the price drops, of course by buying a lot, if we are too bored then leave for a while better, this is what I did when the price drop in 2018 and I haven't seen anything about crypto in almost 4 years and know the price skyrocketed when it hit $ 52k at the beginning of the year.
It was their own fault if they panicked and could not control themselves when the market was still red. They should have learned about controlling themselves when the market is declining so they could see an opportunity to buy bitcoin at a low price.
If they can buy it, they will have the opportunity to profit in the future, especially if they can buy bitcoin in large quantities.
We will see the price of Bitcoin reaching $ 52K again, even though we don't know when it will come.
The important thing is that we can accumulate more bitcoin from now on because the price has fallen deeper.
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.
There is nothing to worry about because every correction is only to make a balance at the price of Bitcoin.
Most who are always focused on prices are those who don't have bitcoin and only as observers.
Who have bitcoin is always optimistic about market conditions, a few percent changes in price should not make panic.
Right, most of those who guess too much or price analysis are observers, they don't have bitcoin, I'm sure investors never panic with any situation, even when the price goes down they have prepared funds to buy more, I'm also waiting for the price to be corrected again to buy , I plan to hold at least after the halving day next year.
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.
There is nothing to worry about because every correction is only to make a balance at the price of Bitcoin.
Most who are always focused on prices are those who don't have bitcoin and only as observers.
Who have bitcoin is always optimistic about market conditions, a few percent changes in price should not make panic.
Many people panic when they see that the price of bitcoin is still red for a long time, but for those of us who are used to investing in bitcoin, of course this is normal and will not be affected, there is an opportunity to make a profit when the price drops, of course by buying a lot, if we are too bored then leave for a while better, this is what I did when the price drop in 2018 and I haven't seen anything about crypto in almost 4 years and know the price skyrocketed when it hit $ 52k at the beginning of the year.
It's only to be expected on volatile assets such as Bitcoin to have this unusual movements on the market. It also doesn't mean it will deep for the next 6 months or so, the same goes for the opposite. A lot can happen during those times and we could only expect the unexpected when the time comes.
I understand that it's not wrong to be prepared for anything that might come, but during the time I was taking my sweet time off the forum and the crypto industry, I still see news and other articles related to crypto, and nothing much has been different or nothing much changed aside from a trading company that filed bankruptcy, and for me the market's movements are pretty normal.
I understand that it's not wrong to be prepared for anything that might come, but during the time I was taking my sweet time off the forum and the crypto industry, I still see news and other articles related to crypto, and nothing much has been different or nothing much changed aside from a trading company that filed bankruptcy, and for me the market's movements are pretty normal.
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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.
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.
My reading is very similar to yours. I think the next few months are going to be rather monotonous. The economy in general is not very bullish and that is going to influence the bitcoin market. On the other hand, there is still more than a year to go before the halving, and the bull market usually happens a year after it. I also don't think, like you, that we are going too far down, and the OP doesn't justify his idea, I think he is simply expressing a sentiment, not a justified one.
You have to take the long view, guys. Take the opportunity to accumulate, as we are sure to pass the 100,000 mark at the next bull market, and that's 5x from this level. If we think longer term, even better.
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.
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.
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.
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.
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.
maybe going to around 12k or more, i dont know where to go the certain price but it wont go up for now.
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.
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.
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.
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.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.
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.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.
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.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. If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
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.
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. 
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.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.
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.
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.
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. hero member
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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.
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.
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.
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.
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.
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. 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.
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.
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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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.
Those who sell crypto in correctional or bearish periods are people who still don't understand how to hold crypto. Because experienced people in the crypto space always take advantage of correctional or bearish periods to buy more crypto assets in the market and try to hold existing crypto assets. Instead of releasing it into the market.
It seems so and it's all inseparable from fear and panic so deciding to sell Bitcoin during bearish times, that's a big mistake in my opinion.even though it is very clear what has happened in the past, why should we be afraid and panic.
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The whales always like to hold their holdings long term and never think about selling in the near future, let alone at the price level you mentioned. And the $20K story I think is so long overdue that it's not even worth talking about it now, because the Bitcoin price range right now is $23K - $24K. So try to monitor the prices on the market once in a while so that you know about the real price for each crypto asset.
It's the unpredictable thing for Bitcoin holders to decide when to release it.the price of Bitcoin tends not to be far from $ 23K - $ 24K and it is stable without significant movement I think that is a positive thing even if looking at the long term chart it is increasing slowly and I think it is very likely that the trend will continue.
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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.
During this period most of the crypto users preferred to sell their crypto due to the bearish market and in most cases they couldn't wait to get back into the bull run, but to be seen there was something to show for bitcoin's ability to sustain its price even when all altcoins were actively dropping.
Those who sell crypto in correctional or bearish periods are people who still don't understand how to hold crypto. Because experienced people in the crypto space always take advantage of correctional or bearish periods to buy more crypto assets in the market and try to hold existing crypto assets. Instead of releasing it into the market.Quote
In my humble opinion Some of the BIGGEST whales right now are long term HOLDERS and they are not going to sell their BTC. Due to the fact that they are patiently waiting for BTC to touch $20K before they sell it.
The whales always like to hold their holdings long term and never think about selling in the near future, let alone at the price level you mentioned. And the $20K story I think is so long overdue that it's not even worth talking about it now, because the Bitcoin price range right now is $23K - $24K. So try to monitor the prices on the market once in a while so that you know about the real price for each crypto asset.Quote
Well, there are many analyzes according to BTC price charts and references to historical data, which explain the reasons for rising or falling almost every day on various groups, be it websites, telegrams or others, but I believe BTC will go to $ 30K in the near future.
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. 
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.
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.
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.
Well, in the first place, you have nothing to fear from what the value of bitcoin can fall. Well, just understand and observe since Bitcoin was created, hasn't the value of Bitcoin increased a lot since 2008 until now?
That's where you should see Bitcoin's stability, there is a lot of FUD's out there but even once the value of bitcoin has not dropped much because, in a short period, bitcoin has recovered and even exceeded the price that most of its holders did not expect.
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.
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.
It seems to be that this sounds like a pure FUD on the part of the OP.
I mean everything is very happy to see the price, January 40% and higher, February, not so bad at all. And now we hear someone saying that we will go down and that there will be no buyers?
Anyway, others have refuted your logic and it has flaws, one thing I can only say is that if you have been in the market for so long, you won't be affected by this kind of loom and doom prediction here in the community.
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.
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.
Bitcoin Shareholders? Bitcoin is not a security there are no shares and there are no shareholders.
Bitcoin right now is following the macro and we are still dealing with sticky inflation and its by stocks and crypto might of peaked a few weeks back. You need to realise that unless CPI is reduced then rates will have to be much higher, right now we are pricing in another 50 bps by the Summer. If inflation is still hot we might price in 75bps or 100bps and obviously stocks and crypto will suffer.
The way its looking we might peak at 6% interest rates. So far nothing the fed is doing is working. So the fed needs to get aggressive.
we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.
So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.
Not in the middle but we are almost ending the bear now. Did you see the good performance of the coins nowadays? They are mostly up by some percent. If ever there are dumps that will be experienced, I don't think it will be a huge one and it won't take much time for the price to recover again. Blank swan event is unpredictable and I think each year, there will always be one.So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.
This is another reason for the price to decline and the severity will depend on the damage of that affected company but let's hope that the incoming one will be less brutal than last time so that it won't have a domino effect with the other like what happened with the FTX exchange.
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I'm trying to analyze what you're saying OP, and I have 2 things that I have in my mind after reading what you posted.It's either you are just saying nonsense with this one, or I'm just dumb enough to not understand what you're saying.
The only thing that is significant with this one is the word "saga" which the OP used. I've been in the crypto space for more than 4 years already, and it's my first time that the word saga is being used with Bitcoin.
I don't know if I'm just ignorant enough to not see this word being connected with Bitcoin.Overall, I'm kind of getting what the OP is trying to share with us, but this is just pure speculation as always. Revolution of losses, Bitcoin Saga, BTC been taken from the system or whatever terminologies they are, it's just pure speculation. To all newbies out there, don't take what the OP shared or at least just don't read it. It will make your head ache.
Hmm. I think what you are trying to say is that the price wouldn't get higher anymore, right? So this is the best time to sell?
With the current range that we have, it's highly probable that it could go down first, but not going up for the next 6 months would be devastating. It could go down continuously, but that's not going to be a problem for other HODLers for sure.
I do hope that it could go down so I could buy more lol.
With the current range that we have, it's highly probable that it could go down first, but not going up for the next 6 months would be devastating. It could go down continuously, but that's not going to be a problem for other HODLers for sure.
I do hope that it could go down so I could buy more lol.
Short term thinking is the biggest failure people make in bitcoin. If you can’t invest your fiat into bitcoin & be patient for a few years (preferably even longer) then you are NGMI.
Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.
Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.
In that case, we can conclude that a fairly large percentage of people think in the wrong way, or it would be even better to say that they want to get in quickly and get out quickly with as much profit as possible. I am not at all surprised at such an attitude of an average person who is brainwashed every day by various government officials, especially those who come from central banks and similar financial institutions. When you hear the same phrases being said with ease like "it could all collapse at any moment" or "Bitcoin price could go to zero" it's clear why most people don't want to "take risks" in the long term.
I agree, they Not Going To Make It.
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 am guessing that everything got lost in translation because for the love of everything i can't figure out what anything in your text means: "the market cap has shown 70% of possibility".Are you talking about technical analysis is showing 70% possibility of btc going down? And i am guessing you are referring to lost privatekeys when you say "number of BTC has been taken from the system". But i can't think of any reason why that would affect the price in any other then positive way.
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.
And if the bitcoin owners or "shareholders" would increase the volume, that would mean they would have to sell their bitcoins. If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
Also can you link the bbc market news you are talking about as that part isn't decipherable either.
Short term thinking is the biggest failure people make in bitcoin. If you can’t invest your fiat into bitcoin & be patient for a few years (preferably even longer) then you are NGMI.
Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.
Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.
I don't think so because bitcoin still has a chance or hope to go up in the future, so the current state doesn't mean there is no reversal, but maybe the time hasn't come yet, and we have to wait again. We'll see if bitcoin will continue to fall or increase after this time, but I think bitcoin will rise again and even have a chance to reach the last ATH and will make a new ATH in the future.
We don't know how long the price will increase when the reversal continues. And before that time comes, we better try to collect as many bitcoins as possible so that when the price starts to increase and reaches a high price, we can sell it for a big profit.
We don't know how long the price will increase when the reversal continues. And before that time comes, we better try to collect as many bitcoins as possible so that when the price starts to increase and reaches a high price, we can sell it for a big profit.
I think it is better to say that we will maintain the current trend for the coming months, but it is difficult to say that the price will go in a downward curve, especially since the bottom has been confirmed.
Therefore, unless a change occurs, such as the collapse of a stable currency or real chaos, we will remain above $15,000 for a long time.
Moreover, the next six months are not decisive, but rather several months of the year 2025
Therefore, unless a change occurs, such as the collapse of a stable currency or real chaos, we will remain above $15,000 for a long time.
Moreover, the next six months are not decisive, but rather several months of the year 2025
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.
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.
Thanks but we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.
So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.
During this period most of the crypto users preferred to sell their crypto due to the bearish market and in most cases they couldn't wait to get back into the bull run, but to be seen there was something to show for bitcoin's ability to sustain its price even when all altcoins were actively dropping.
In my humble opinion Some of the BIGGEST whales right now are long term HOLDERS and they are not going to sell their BTC. Due to the fact that they are patiently waiting for BTC to touch $20K before they sell it.
Well, there are many analyzes according to BTC price charts and references to historical data, which explain the reasons for rising or falling almost every day on various groups, be it websites, telegrams or others, but I believe BTC will go to $ 30K in the near future.
In my humble opinion Some of the BIGGEST whales right now are long term HOLDERS and they are not going to sell their BTC. Due to the fact that they are patiently waiting for BTC to touch $20K before they sell it.
Well, there are many analyzes according to BTC price charts and references to historical data, which explain the reasons for rising or falling almost every day on various groups, be it websites, telegrams or others, but I believe BTC will go to $ 30K in the near future.
BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures,
Ok what now? There must be something quite wrong about this, as someone who has been here for 10 years I can tell you that the number of people who are trading bitcoin right now, is x100 more than 10 years ago. The figures in 2013-2015 being more than the 2020-2023 period, the period when bitcoin reached the ATH prices? Are you kidding me? I need to see some proof of this, because I call it a straight up lie, a FUD spreading, a method to manipulate the market to make people fear holding bitcoin and nothing more, its not just a lie, its literally done purposefully to spread fear, nothing more and factually wrong.
BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures
People are becoming more and more aware of "your keys your coins" after the collapse of some centralized services.
Here are some charts[1] that show:
| ⠀ |  Bitcoin holdings by centralized exchanges are on the decline. | ⠀⠀ |  Massive withdrawals at the time of the collapse of Terra UST (around May) and FTX alongside Blockfi's bankruptcy (in November). |
1. https://cointelegraph.com/news/bitcoin-exchange-withdrawals-sink-to-7-month-low-as-users-forget-ftx
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.
If I understand correctly, you mean that the price will go down because there is not enough BTC in the "system" for trading? Fewer available BTC on the market with the increased demand that has been evident since the beginning of this year should have quite the opposite effects to those you describe.
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.
Just listen to what they write and say on the mainstream media and everything will be fine
- it seems that their "experts" have some bigger problems with mathematics, because it is stupid to say that 10 years ago more people traded Bitcoin than today.If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
You are obviously still under the impression of what happened 1 or 2 years ago, so you don't understand that losses are an integral part of trading on every market. In addition, Bitcoin has grown by more than 50% compared to the bottom (below $16k), and you are talking about some kind of "price creeping" - first you need to look at the real data, and then draw conclusions.
Bitcoin price chart indicating readiness for a new rise up.
source
If some people can be coming up with diverse contemplating theories regarding bitcoin then it think it will be right of me if i cannbring up these as well to go opposite of their wrong advise or prediction, so far so good this year bitcoin has been indicating more signs for readiness to rise higher than $25k and base onbthe chart above, the explanation is compared to that of 2019 at about this sane period what ee encountered with bitcoin price by surging high, let's take more look into the chart and see what lies ahead for the price in subsequent months before the end of this year.
source
If some people can be coming up with diverse contemplating theories regarding bitcoin then it think it will be right of me if i cannbring up these as well to go opposite of their wrong advise or prediction, so far so good this year bitcoin has been indicating more signs for readiness to rise higher than $25k and base onbthe chart above, the explanation is compared to that of 2019 at about this sane period what ee encountered with bitcoin price by surging high, let's take more look into the chart and see what lies ahead for the price in subsequent months before the end of this year.
It is the strangest way to analyze what will happen in the coming months, and it is probably based on mere baseless speculation.
It is true that no one expects crazy increases during the coming months, but there is no confirmation because the worst is still possible or greater declines than before.
Quote
BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures
It does not matter the number of people, but the volume of trading, how much money these people will invest.It is true that no one expects crazy increases during the coming months, but there is no confirmation because the worst is still possible or greater declines than before.
There is no saga of bitcoin's price, it's just the regular market movements, which is expected in a volatile asset like BTC.
This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.
This does not make any sense. Bitcoins are not taken out of anywhere, they can only be moved from exchanges to personal wallets which boosts the price in the long run.BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC
Bitcoin is not going down, it's experiencing sideways movements. And there are no major shareholders, this is not a public liability company, we only have holders.
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.
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.
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