Topic: The future of Bitcoin: Bullish or Bearish (Read 729 times)

I could say that we do still be thankful with that Cointelegraph incident (not for those shorters though) on which the price did jump to 29k or almost hitting 30k but on the time that it was proven fake then the price did make out some correction but it didnt really get back into the level it was before on which its on 26700-900ish but the price had just stayed up on 28k price on its bottom and the price starts to climb up.
Yes, it is really that good to see that the price now or the entire market which is really that green that we havent seen for a while which it do really gives out that good vibes on which it is really that good to see
the market today or on this week.Lots of happenings but ending up on green and for those who do make out some positions earlier then selling out or making some snipping of profits as of this time wont really be that a bad
idea.
Future of Bitcoin? There's no way on telling on where it would really be heading up and this is why it is always been that unpredictable on where it would be going. It would really be basing up
on the demand and recognition as always and there's no way that we could really be able to tell on whats next. For now then lets just simply cherish on what we are currently seeing.
It is really just that good to see that we are in greens now but expect that there would really be corrections would happen later-wards.

I'm pretty positive that the demand will obviously keep increasing over time, but I'm doubtful about the countries legalizing Bitcoin that you've mentioned, there aren't really a lot of countries that have legalized Bitcoin at this point, some might be supportive towards it, some might be thinking of regulating it, but there aren't a lot of actual positive moves by a lot of countries so far. However, you are right that it's advancing slowly and steadily, and we will reach there as well.

About companies accepting Bitcoin, yep, there is progress in that area as we can see. Recently, Honda, one of the most popular car manufacturing companies in the world, announced that they will be accepting cryptocurrency payments through a third-party service which is great news for the industry as other companies might follow as well in the future.

I get it. None of us would want to predict that bitcoin's future will end up being bearish. Of course, knowing there are high potentials for bitcoin to grow successfully, then its safe to say that it should have a bullish future. But in reality, none of us either can ensure that bitcoin is most likely to go up and continue surging its price. Bitcoin is highly volatile and price fluctuations are expected from time to time, which makes it very unpredictable to predict correctly.

However, at the end of the day, all we want to see is that bitcoin to stay bullish and I think it will never disappoint us. And as long as its adoption is working in progress with some countries that are now turning bitcoin friendly, then probably the chance to make bitcoin bullish is quite high.

the market shows good act this week and now working to cross 30k

https://coinmarketcap.com/

the Whole market is showing greenish today since yesterday, and I love this slow movement than what we had recently after the fake news of Cointelegraph .

if this will continue till Sunday night , then maybe this is the journey to stay above 30k till December ends.

There are indeed a lot of companies that have legalized Bitcoin and most of them are large companies, but for countries I don't think there are many who want to legalize Bitcoin. But the bullish thing will remain in Bitcoin and that will probably continue to be true in Bitcoin because even without being legalized by many countries Bitcoin can still increase more in the market simply because there are more investors and traders who still believe in Bitcoin so that it increases something big will definitely happen again for Bitcoin.

I do not think that bearish market could ever be here to stay, we have more and more people who are buying and holding for the long term, making the supply even less, so when the price starts to go up even a little bit, there will be a lot of people who wants to buy but there won't be that many bitcoins left to sell, sellers have a harder time if they want to keep selling it and drop the price, they need to convince others to end up selling their holdings, and that's not an easy job during a bull run.

So, bearish will not be all that easy and should not be all that possible, sure it happens sometimes but that doesn't mean that it will happen at all times and we should be seeing it change one way or another for sure.

This is a fluctuation in the price of Bitcoin because of its high volatility, up and down quickly it is common and it can be utilized for profit.

Buy bitcoin and hold for a certain period of time or target at a predetermined price.
Holding for the long term will have its limits, not holding for a lifetime as you said.
We need profits to buy what we want, not as a collection for the wallet alone.

Bitcoin's decline phase this time is still at a fairly good level compared to previous years.
But if you look at the last ATH decline, Bitcoin has dropped by more than 70% and this is a good opportunity to continue to buy and accumulate so that profits will be more when ATH is reached again.

But it is still quite possible to reach the price of $30k, provided that there is no FUD on Bitcoin and some positive news continues to emerge as well as related news of ETFs that approve Bitcoin.

If we have happened to witness how bitcoin moves from scratch to its present position, how it’s price has surge high despite of its price declines, then we will know that bitcoin future is not to stay at its bearish position but to always move forward and soar high until it reaches a new all time high, and when it happens, a bullish market will take over.

    However, with some factors that will easily affect the price of bitcoin, some have been blinded that bitcoin will find it hard to be bullish again and that the bearish market is here to stay. Well, actually both bring opportunities for every bitcoin investor. But if we are talking about how the future of bitcoin will be, then obviously its destination is to achieve a very bullish price that makes it highly valuable compared to any other crypto coin.

I was bearish this year until Summer Cycle ended. Now , with Autumn already here , I think we are already in a baby Bull market that it slowly growing from a day to another but I don't expect huge sudden rise in price and Bitcoin could achieve around 33-35k$ by the end of the year. 

If BTC is limited in supply which is true then the correct answer is> Bitcoin will always be bullish or rise in price. It's just that the financial market works in 2 cycles and that is bullish and bearish.

I think this is for the people to buy low and sell high because it's also doesn't make sense that we will just buy a BTC and HODL it forever. For what we are doing it? If we want some kind of a souvenir or a digital asset that is only good for displaying purposes or as a collectible then I think the NFT's can offer it better or are going to be a perfect fit for it. Back in the bulls and bears, even BTC is in a bearish phase, its value will always be higher than on most previous years.

In your definition of near future, I think the bullish movement won't yet start. If there are price increases during that time, that's far from the real bullish moments which we are expecting several months or even more than a year after April of 2024, which is the halving month. That's basically what the charts are saying. There's a fundamental reason behind that. After the bullish movements, during which time a new ATH is highly expected to happen, a correction ensues.

There are many reports that more and more companies are adopting bitcoin so there will be an explosion in demand in the future, especially now that many countries have legalized bitcoin so the future of bitcoin will be bullish, the biggest test for investors now is to be patient and optimistic, wait another 2 or 3 years then the price will reach at least $100k.

Most likely, in the near future - within half a year - we are expecting the beginning of a bullish movement. In the near future - a decline by half. Of course, we cannot predict whether bitcoin will show its full growth potential in 2024 or whether it will culminate in the first half of 2025. Most likely, bitcoin will, as always, fool everyone

That's where the key is and the level of rationality is not at the level of the ability of the source of the investment but rather how someone can be responsible for the selection method taken. Bitcoin will not be useful for individuals if they are not involved in it, therefore I mention that the level of rationality is very dependent on those who are able to take a chance on bitcoin.

No one can predict the future with certainty, but if we look at the potential in bitcoin, at least we have confidence that bitcoin will become an investment method that has influence and is able to maintain its existence. Based on what we see and with the evidence that Bitcoin has currently provided, talking about risks anywhere cannot be separated from it, but if someone understands how it works then these risks can be minimized.

Create an investment percentage with an amount that can be adjusted for other needs, for example having the same criteria or a different budget set. So life doesn't just always talk about investment, but there are other things that we need to prepare especially if we already have a family there will be many other responsibilities that need to be taken care of.

Definitely yes but we have to go through the process and bear market is also part of that process.
If you are looking at the Bitcoin’s journey you’ll see the bullish patter and yes it becomes more expensive every year. The market is running and its very volatile, anything can happen with Bitcoin but I’m sure we are still heading into a more bullish trend. The future is with Bitcoin, lucky to those who will adapt early and trust the Bitcoin process.

I have always seen that the bitcoin market will be bullish, but things are not just because they seem to me, or because it seems to a member of the forum, there is a prediction model, and what I like the most is PlanB, maybe Many don't like it, but it seems to me that it is the most accurate model, perhaps there are some influences that move it away a little, but the general and long-term behavior for me is bullish and continues to be fulfilled, bitcoin has not fallen that much and It stays there, it just starts a trend that goes down and then it recovers, it goes up, there is more ATH and then it goes down, it's normal, but it doesn't go down that much, the PlanB model for me is the best.

Bitcoin supply is deflationary so there is no reason not to be bullish in the long term. Its price will skyrocket as the adoption rate increases gradually. Investors will fight for their bitcoin share in the market. It's limited supply makes it more attractive to long term investor as there isn't an unlimited supply to dilute their money. Bitcoin has all the facts to be bullish on it.

The most rational approach in my opinion is, invest only the amount you can afford to lose. That's pretty wise for any investment asset. They may be worried about the future, but bitcoin has a good future based on the foundation it has built among its community so far.


I'm not forbidding anyone from worrying about the future, but I personally wouldn't worry too much considering what bitcoin has achieved so far. Bitcoin has become known globally even though not everyone invests in it, but it is a strong foundation for bitcoin and its future despite the price volatility of each cycle.

Risk always exists for any investment asset, but risk tolerance still needs to be considered wisely. Don't invest all your budget in bitcoin, I mean you still need to have a reserve budget for other important things. Bitcoin does not guarantee the future, but it has a good future because we will probably find that millions of people have lost faith in the centralized financial system.

Instead of bull or bear, the best option is to make your own plan and act in line with that plan. Since our common opinion is that the bull season will come, our goal is to enter the bull season ready.

There is a lot of news about the market. Many news such as FTX events can negatively affect the market. Bitcoin continues on its solid path after all this news. When the time comes, it will come to the price it deserves. It will be worth what the investor waits for.

I can't give an opinion for short-term investors, but I can say something for long-term investors. Do not take the negative news in the market seriously and continue investing in Bitcoin for your goal.

April 2024 is just at the point of the bitcoin halving and if all things being equal we expect to see a significant price increase at that time since block size and this usage in higher demands a mist scarcity due to block reductions,  this will motivate a more market activities and also bust the market viability.

So for that, we have to see a no less bankruptcy from institutional Bitcoin investors,  unless if due to internal financial crisis but not due to Bitcoin price not going up.

Using technicals and pure price action, a top down analysis should be done before you can conclude or consider that the bitcoin will go bullish or bearish. Top down analysis are done starting from a higher time frame which are monthly, weekly and daily. They are mostly the TF used to predict the market future either it will go bullish or bearish.

From the monthly TF, the market has formed a double top and when it's formed, the market is expect to go bearish which it does and presently, it has found a support at 16000 and it retraces and going bullish forming higher highs and higher lows.

From weekly TF, the market has broken the weekly low 30000 (psychological level), which has been retested again but tends to be ranging and no clear direction yet. Patience and calmness is needed since the market has retested the support broken which tends to be resistance now, I believe the resistance will be taken out only if we are patient enough.

Immediately the weekly low is taken out, we wait for a retest to ascertain that the support will hold before going for a long. I have a positive believe that the Market will form a triple top at the range of 63000-69000.

The market will go bullish as time goes on. Mind you, there are fundamental news that might affect the movement of the Market but they are just temporary. Again, the markets oscillate and it's constant because they move in waves and they will always react when they are close to any psychological levels.

In this type of market, traders tends to benefit more because whether the market is bullish or bearish they still get the best out of it by trading the market but to hold then you have to have patience.

The above write ups are my speculation about bitcoin in the nearest future to come.

This is definitely cool argument to start discussion with. We all feel scarcity will always carry Bitcoin to higher levels. But when its unstable demand and supply stop fighting each other. In general most people wanna make money through Bitcoin trading, very quickly. For it they wanna see weekly price moves up (at least around %6-7). Sadly this is not very common anymore. So markets lost its Capitulation a bit. So Bitcoin is definitely very speculative...

If you talk about Bitcoin speculation on issues (Bullish or Bearish), of course these two things come back to you, We have seen several countries fighting wars linked to Bitcoin, but still Bitcoin is growing rapidly and the crypto market is being hunted by many people.

I believe Bitcoin will remain in a bullish position in the future, I don't look at the negative side of what is happening now, my speculation is that crypto market conditions will improve in the future, we will see positive things that will happen for various reasons, I am pretty sure we will see a Bullish market in the near future.

That means there is nothing to worry about and that's how Bitcoin runs on the market, the level of rationality depends on the opportunities you get. Although Bitcoin is one of the best investments if not invested properly bitcoin will not provide a level of rationality for themselves for us.

There is nothing to worry about Bitcoin in the long run because Bitcoin has shown a fundamental level that is not possessed by other coins. We have also seen how Bitcoin can have an impact to reach the stage of financial freedom if invested correctly. Not being panicked you will get if you have gained knowledge about investment correctly because if you make a mistake then you will get unnecessary losses.

It is important to make wise decisions when you want to be involved in investment and most importantly can be responsible for the decisions taken. Risks can never be separated in investment in Bitcoin, but we can minimize these risks if you have correct knowledge about investment.

Forecasters will answer this is beyond my thoughts on the future of bitcoin. Lol
The most common thing we know about bullish trends is after halving because this has happened several times with previous cycles, so if you are asked when is bullish? I answer after the halving.

Prolonged bearish is after a long bullish time then bearish symptoms will come this cycle is common with my words above, so we must know it is difficult to guess, as for predictions that are slightly relevant is what I stated above.

I see that because with the previous, there will be some market behavior from the usual, maybe this happens because of other things or factors that affect it.

Bitcoins are limited in numbers. There is fixed supply of Bitcoins. These both lines can prove why there will be always bullish and bearish market for the coins. Everything is about Demand and Supply. When the demand to accumulate the coin increases, the supply becomes less due to fix number and hear we see a bullish season. Now the reverse happen for bearish season. So yes the investments that we will make needed to be done with full caution.

Even if a fortune teller is questioned on what will be the future of bitcoin, he'll say it came be both bullish and bearish. Everyone knows well about bitcoin and how the market is moving around. It is really tough to decide when the market is taking a change. The changes could happen in a drastic way and in an unexpected manner. When the price is predicted to be bullish, it could move downward on the bearish trend. It is always good to keep ourselves prepared for the worst market situation. This will help us maintain the portfolio in a better way unlike the bullish/bearish trend of the market.

Of course, we are still in the bearish season. But theoretically, it is almost the end of the bearish season. When we are nearing the BTC halving, it is the sign for the beginning of bullish season. However, it is just a theory, the market trend sometimes goes unexpectedly. The nature of crypto market will be always unpredictable.

Anyway, we already experienced the sideways for some months. Even this month, the sideways continues, the price still move slowly.

Do you mean $30k is the barrier of the next bullish period?
Even Bitcoin price passes $30k, I'm not sure if we won't have another dump. For me, the real barrier is the negative news of SEC, people are worried with BTC future because the accusation/intervention of SEC. When it is over, the market will obviously increase significantly.

 

Why are you surprised that bitcoin went from $25k to $26k5 in just the past few days, and you became positive because of that? Let's not forget that bitcoin has been moving sideways in the $29k-30k$ area for the past few months and has dropped to $26k, so to me this is not a positive signal for the market. One mistake I see people make is that people get excited about bitcoin going up 1% or 2% and people quickly forget about bitcoin going down 5% or 10% before that.

Another thing I see is that everyone is sure that the halving is coming and that will help bitcoin never drop in preparation for the halving. But honestly, I think on the contrary, bitcoin will drop more before the halving happens.

Yes and this is just the beginning, I mean technically we are still in the bear market, nevertheless though, this month seems to be on the sideways. But we have some movement to $26,500 and it's quite surprising to see that jump maybe in the last 3 days or so.

And the good news is that we still have like months before the end of the year, so it's either it will end with a significant increase before the actual block halving. Or we will be just above $30k which is the biggest barrier so far. Either way, we are all looking for the eventual bull run next year. So we might as well take in stride everything that this year will give to us.

Yes exactly the market of crypto can both have bear and bull season because if there occurs only a single season then it will not be possible for getting profit because balance have not effects.

Now we don't know that is it bear market or not because we don't know that what is really a bear market and what will be the minimum price for describing bear market. But it is known fact that there will always be a chance of Bull season when for certain period of time we experience bad conditions.

So this period is beneficial and the next period coming in the form of Bull run will also be advantageous depending on the act of people that what they want to do whether they are buying or selling.

It looks even more likely to go up soon, it reached near 26.5k levels and that's why I could say that its getting to a point where it could end up with being something that would be a lot more important. I would guess that there will be something that would end up with something that would be lovely. I think we are going to end up with a great profit that would be a lot better. I guess its going to be something that would end up profiting a lot. I think its going to be something that will end up with a great return. Hopefully I guess that something that would end up working for the good time. Lets just hope that it keeps growing more and more from here.

Bitcoin to me seems like something that is either going to be wildly successful or it will fail completely. I don’t see much room for middle ground here. In fact, mining seems almost designed to boom until miners grow to the point where they start going bankrupt. If prices don’t go up significantly before next April, those bankruptcies will start happening.

Well, I don't think we are yet in the bull season, time is still ticking as we are getting close to the Bitcoin halving season, which may give rise to a spike in price, but until then, one still has to keep accumulating Bitcoin at the dip price. A bear market is the time to buy and hold, unless traders take advantage of the price volatility. There was this cryptocurrency investment slogan that says, "Buy all the dip." So, now it's just to keep buying the dip, even if it drops to $20,000, use the opportunity to accumulate your Bitcoin, and you will definitely archive a lot of profit if you patiently hold till a bull market comes.

Speculating about the future of Bitcoin is not prohibited and is something that many people, including me, like to do.

We hope that the rate of Bitcoin adoption that continues to grow will be universal because it will be good for the future of Bitcoin. With the increasingly rapid and large number of adoptions taking place throughout the country, our hopes for Bitcoin will grow faster.

But yeah, no one has a crystal ball.

I am very bullish about Bitcoin, although its market is consisting of both bullish and bearish, I still believe that Bitcoin is bullish in the long run.  One major reason is that the adoption keeps on reaching every corner of the world.  Countries that were hesitant before are now taking interest while others are now preparing the process for the day they will accept Bitcoin as mode of payment if not a legal tender.  The halving that keeps on being the bull run catalyst that always leads to the breaking of ATH so far.

In short, I am seeing Bitcoin gain more interest and uptrend in value over time.

Yeah, and if we look at bitcoin's historical logs, every after 4 year, we will see a scenario wherein their is a strong bullishness in the market and it's hard to stop the price from going up. And most likely we will experienced it again next year and it will go on a two year run, and so it will be 2024-2025 for a bull market.


It's been pointed out that we might hit at least $100k in the next bull run, so obviously it will be a new all time high again and it's the first time that we will see a 6 digit price. So it's going to be very exciting bull run for us and hopefully this prediction will came true.

The right thing about bitcoin investments is – they have to know how it works. Volatility is something that cannot be separated considering its supply and demand - but bitcoin basically has a cycle of ups and downs. Its price movements may go against the trend - but you can convince people that bitcoin is an asset that performs well based on its history.

Bitcoin has a good future if increasing adoption is the benchmark - but of course no one can be sure of the future of this asset because things can change so quickly. The positive thing about bitcoin now and in the future is - governments are starting to capitalize on it and support it.

Concerns about the future of bitcoin can essentially lead us to believe that there are risks in this investment. Not only about volatility and security risks, but also about industry and regulatory risks. We may hope that bitcoin will continue to perform well in the long term, but none of us know what the future for bitcoin.

For me, it is legitimate to worry that every investor does not fully believe in the future without considering the risks. Things still seem to be going according to plan at the moment, but it is possible for the government to ban bitcoin completely if everyone agrees to do so. Risks still have to be considered, but they shouldn't have to worry too much. Only invest the amount you can afford to lose, even if you have much better financial strength.

It is going to be bullish long term at all times, there is no scenario where will it not be bullish. We need to realize that it is going to take some time and we need to end up with something that will change things over course of many years. I believe that we are going to end up with something that would make differences on the long term.

I believe that we are going to end up with something that will change things one way or another, and when that happens I believe that we are going to end up with a good result. I hope that it gets to a point where we end up with a result that is a bit more profitable, and for that to happen I am guessing that it is going to be a bit more time required for us to reach a new high.

I can't really blame them, it is the marketing that is done about bitcoin and crypto that causes this. There are so many social media influencers both on twitter and instagram also at tiktok nowadays that end up promoting their scam basically where they say they could help you make so much money so quickly if you just follow their steps.

So, people assume that is possible and they think that they could make money quickly and then they realize that its not possible which will end up being terrible. I believe that we are going to end up with something that would be a bit more on the loss side and not profit. So that is why we should be careful about what we could do and that could end up with something better.

Bearish and Bullish are just two cycles that will continue to repeat themselves in the crypto market. Many of the causal factors are well known and both traders and investors benefit from it. About the future; everyone doesn't have a crystal ball, so no one knows.

We can only speculate about its future. Its growth continues to be expected and regulations regarding it are getting better and adoption is growing. It will take years for Bitcoin to become a mainstream currency, but so far there are many use cases.

Situation around it is still very difficult to get a job that makes it difficult to find answers to the fate of crypto in the future. Have you ever thought about how later in the future with a fiat currency which amounted to $100, can it still get 50 kg of rice, 3 kg of side dishes, 2 kg of meat and some paper?

Bitcoin future: bullish or bearish?
After the bearish will come bullish. Such is the condition of the market in the future will occur continuously and the top bitcoin is the top of other crypto.
This is very rational in the future.

it is always a matter of time mate,the problem is that people wanted easy money and that is also the reason why they keep losing and disappointed.
also why do we need to sek for easy target when we already knew how hard to gain here in this market unless you are willing to wait?
and talking about Future ,m that indicates the long term and not a 4 year cycle but the totality of time.

Lets Hope that we have reached the bottom till halving season happens next year.
but for me ? its ok if this will fall to 20k as I have the capacity to buy more again with big chunks.
if we could only assume what to happen and when to takes place , surely we will all wait for that to be  in market lol.

correct Mate, but for us who knows and understand what we are entering ? because what we have to manifest is our main goal and target if we are truly a holder.

Indeed, investing in Bitcoin requires trust and faith in its capability. We can say that the future of Bitcoin is uncertain but for us believers, we believe that it will be going bullish soon after this huge correction. But for those doubtful individuals, it is gonna be a negative.
That is why I don't encourage people to invest if they are not able to adapt to the market-changing conditions as it happens always. Though I don't say that Bitcoin is just for strong people but seems too hard for weak people as well to keep holding when corrections come unless they'll improve and change their mindset.

Well said. It's understandable if many investors are worried when there's a correction but just stop there, don't think negatively further. Because if we did our research before investing to Bitcoin then we have an idea on its history on how it bounce back unexpectedly.

The future might be uncertain and no one can predict what will happen after few months or years but remember that no one coerce you to invest. Therefore, if you can't stand the current situation full of uncertainty then you can quit. Bitcoin is not for weak investors and solely for people who have trust and bullish on its future.

You're right. Bullish and bearish seasons will repeat constantly.
So, we're not just going to a bull season, we will experience another bearish season again in the future.

Unfortunately, both bearish and bullish season have approximately the same duration of the season. As far as I know, each season will take around 2 years. That's why people call it as 4 years cycle. We have 2 years of bearish and 2 years of bullish.

Do you think it is possible for a longer bullish season? 

Those who are still worried about bitcoin performance certainly don't understand what Bitcoin is, they don't know fully how bitcoin works.

The concern they fear is that Bitcoin continues to crash and drop by tens of percent.
Even though that is still quite normal for the crypto market, especially now that Bitcoin is still in a bearish period.

Many people fear selling their Bitcoin holdings at a cheap price.
Fear eventually turned into panic and did a stupid thing by selling at a loss.

Bitcoin remains Bitcoin and is not trying to be anything else.
Bitcoin remains the most desirable digital crypto asset and also an investment asset for the long term.

This is only good opportunity if you have the financial capability to buy and wait for undetermined length of time.
Because not all people can hold long-term, and wait for the possibility that it will go up in the future.
Hence, not many people can do such move. The population is more on short-term profits as they have financial needs to cover.
But so long there are people who are going into this market, it means, the adoption is continuously increasing, and so the demand of this currency.
And that means, the price have the possibility to increase in the coming years, as long as there are people patronizing this market.

I'll stop you right there: bitcoin's performances can cause concerns only to people who don't know (or understand) what bitcoin is and, especially, they think only short term. If someone is worried because bitcoin lost 10-20% it's just not for them, at the end bitcoin never pretended to be something for everyone.

It is hard to tell what will happen in the future but one thing is certain the future of the Bitcoin market will be both bullish and bearish because crypto is a speculative and highly volatile market.

The FTX sale will happen this month but we're talking about $3.4 Billion worth of cryptocurrency will be dumped not the $200 million you said below are the crypto list.
$SOL: $1,160,000,000
$BTC: $560,000,000
$ETH: $192,000,000
$APT: $137,000,000
$XRP: $119,000,000
$BIT: $49,000,000
$STG: $46,000,000

In my country, Venezuela, people say that in anytime Chavez/Maduro fall from the power. They come saying this for 20 age long aprox. Well, same for the slow bubble that never explote. Bitcoin are a tecnology capitalism-based, have a beautiful future. :3

The crypto world is always full of drama and news and so on, but of course everyone's reaction will be different.

Yes, as you said, with the decline in BTC prices, people who are mentally strong and believe that BTC has good potential in the future will definitely take advantage of this opportunity and buy it using the DCA system.

However, in the future no one will know about BTC, but what is clear in this case is that there are those who take advantage of opportunities and dare to take risks, and there are also those who don't.

But of course to be successful, we must be ready and brave to take risks.

It usually happens as you say, but when most people buy Bitcoin and start waiting, they may experience difficulties in today's economic conditions. They want the prices to increase as soon as possible. Those who follow the crypto market know that expectations are often not met immediately. That's why investors need to be patient.

I think Bitcoin has provided a buying opportunity for a long time. As those who believe that Bitcoin will rise and make a new ATH, I think these levels should be evaluated.

It is possible that bitcoin can go back to 21,000 dollars but my concern is too many people believe that bitcoin is going down and that is because on every month of September Bitcoin has always been bearish so because we are in September in this 2023 now everybody believe that the same thing will happen again.

And now it seems that this time will be different, it is true that bitcoin is struggling between 25,800 but It's still possible that the same thing will not happen this time around because I've been around for a very long time in crypto space and one thing is very certain in this crypto space.

When people are getting more bullish on the market sentimental that is where bearishness will always occur, it's like the favorite quote that says to be fearful when others are greedy and be greedy when others are fearful, to me, this defines crypto completely.

What is bitcoin's concern? Just because it's not rising like you expected and you think that's concern for the future of bitcoin? To me, what is happening is normal and even if bitcoin drops more it will be a good sign for long-term investors as they will have the opportunity to buy bitcoin from weak hands.

The future of bitcoin is truly unpredictable, but those who believe it will decline in price should sell it immediately. Those who believe it will continue to rise in the future should take advantage of this moment to accumulate more.

as a btc investor sometimes i always ask myself whether btc will be a bull or a bear in the future, but in my opinion the crypto world is always full of drama and news, of course we have to be careful in our actions and of course we have to have a good strategy good at buying btc or holding btc and so on.

but I speculate that in the future the price of BTC will rise and new ATH will be created again.

However, we have to be careful because we don't know the price of BTC in the future.

Just wanna ask doesn't  bitcoin have a future of bearish market and the future of bullish market, what I want us to learn and about bitcoin season that the season is like unknown time that can happen at any point in time and secondly if the bullish should happen or occur it should be determined by the market and the number's of the investors who invest in the market and secondly I was told that the increase in the market of bitcoin is well known by the demands of the market

It is true that the Bitcoin market will turn bullish, but currently bearishness is emerging due to which a slight bear market trend is emerging. Vitalik Buterin is trying to make a little trouble in different ways, but if this time changes, we will surely have a long bullish market season. And in the Bitcoin market, the market cap has not decreased but rather no Bitcoin holder wants to sell at this time. Because I know for myself that the future of Bitcoin will definitely have a bullish market season for a long period of time.

The September month of each year is considered the red zone of the bitcoin price, whereby its price falls drastically. It is possible to have bitcoin prices fall between $24k or a lower price before the end of September. Maybe by October or the upper months, we'll start to notice a rise in the price of bitcoin that will eventually take it to $30k-$35k before the year is through.

Hopefully, by next year, We should be discussing the impact of the bull run on the crypto market. How our assets in bitcoin, which we accumulated at cheap prices, have risen as a result.

The bull market and the bear market are both beneficial to investors. When bitcoin price is in the bearish season, it is an opportunity for you to buy more bitcoin and add to your bitcoin holdings and wait for the bull run to come.

On the other hand,the bull market is a period for people to sell their bitcoin and cash out,so that they can keep the profit from their investment. Long term investment will safe your the stress of worrying over which market is next or not because you wouldn't bother about the price of bitcoin.

One can't say for sure even though we're at the cusp of a halving, with it happening some time next year. The issue at hand is that for someone to be able to confidently say that the market will be bullish or bearish come next year, we have to have a definitive reason as to why it has to. For instance, back in 2020 we had a reason to believe that bitcoin will be bearish, with a good majority of people even believing that it's over for bitcoin since way back then it dumped as low as 7k from a whopping 20k valuation not too long ago. And then the confidence of the people struck up, allowing many to invest in bitcoin with the sense of security that COVID-19's not gonna do shit against bitcoin anymore.

The same needs to happen for bitcoin come next halving, we need to have a sustainable cause as to why we would invest in it, investing for the sake of halving is just not gonna cut it.

To keep abreast with crypto signals is one sure way to know the future of BTC, incase it would be bearish or bullish. Still, to HoDL BTC or trade not minding the gains during the discovery period of bearish or bullish is important, so that one does not loose out on the opportunity to increase the profit when the bullish seasons come.

If you expect my opinion about the next 1 to 2 years, then I think bullish is the best option to say. The reason is obviously due to the impact of the halving and its past history, but the same is always questioned. We are all too busy about the future which is completely unknown, but that is not a bad thing if you want to make preparations, for example start investing now and get the return there.

The short term isn't always bad, but it's good to plan for the long term. Long term investment seems to be the best option for an asset like bitcoin, I mean bitcoin still has the potential to continue growing year after year and will probably become the most desired means of payment if governments start adopting it.

I dont put a short term speculation on Bitcoin simce we have a line up events that could triger the price to gonin an uptrend direction and at this moment i think Bitcoin should be taken to be at a discounted price and anyone looking to invest ahead of the 2024 event should take advantage of the price.


I dont know if the price will dip further below 20k before that time, but i am very certain that the Bitcoin market may exibits some attributes of high volatility and also attempt break out at some point.

Yes there is big buying volume around 25k and hope that it will not broken otherwise 22k or more down possible but market is now looking green and btc recovered after dump to 24900$. Bad news in market has very bad impact upon btc price and whenever any big changes occur in btc price then reason behind is good or bad news. Many whales dump the price when decision upon ETF Application postponed but hope it will not remain for long time because halving is going to be happen next hear and also many Good news such as ETF approvals could also be happened.


Actually this FTX token sale news created so much fud and fear in the market and many short hand sold btc without any research. according . most of the token owe by FTX are locked and theu could not sale except a very small percentage which will not affect the market

Check the almaeda wallet and Solona tokenomics
https://twitter.com/Vybe_Network/status/1701286011651953054

For sure, the future of Bitcoin is always bullish. It started from $0 and it's currently at $26k, All-Time High at $69k. And soon, that all-time high will be long gone and these prices will never be seen again. Just wait and watch, and you just need to stay bullish on it for a longer time and look after HODLing. Bitcoin Halving in April-May 2024 will start the next leg up for the next bull run which will end near about Nov-Dec 2025.

It could be wherever we want anytime soon. Was kinda expecting to be around 30k at this time, but hell gotta buy more I guess? I don't think adoption is growing though. It is still kinda meh in my end and I don't feel anything changing in terms of businesses adopting these.

20k is quite a discount for all of us to buy more. Most people could already had assumed that 20k might be the lowest floor we can get. There will be indeed changes this December since people would want their money for Xmas. Kinda the seasonal stuffs ya know.

I mean I wouldn't really be surprised if the market price even dropped to 20,000 I mean for the most part there wasn't really something yet that could trigger the market price to a Bull Run, for the market to increase and probably go to a Bull Run.  For sure at this time this market price is still a good position for the market price to skyrocket in the coming months, bullish or bearish it's still Bitcoin and cryptocurrency is obviously a risky investment because of the volatile market we can really be sure of anything on cryptocurrency that is why it is so risky because in the coming months, it is always possible that the market price of Bitcoin could drop and that is just normal to get bearish or bullish.

I am pretty sure that there will be movements in the coming months probably at the end of the year this December until next year If we are just going to compare this to the past movement of Bitcoin, there is always a big spike when the Bitcoin halving is near so probably there will be a spike again but it doesnt really matter personally because I just HODL my Bitcoin until I think that the market price is already fair to sell.

Investing in Bitcoin is not for everyone. It is specifically reserved for those who are patient and believe in the currency. It will be a difficult investment sector for people who are inconsistent and want quick money. If you want to avoid sentiments that can lead to FUD stop listening to random news from the media. Most of the information we get from them is organized to attack the system. Regarding risk tolerance,  the best approach will be to invest only what you can afford to live without. It is not advisable to sell properties or take a loan to invest in Bitcoin in view of the fact that it is an erratic sector.

As some economies keep suffering from inflation the brave will keep seeking ways to shield themselves from the impact of currency loss of value. Some people might claim that Bitcoin is not a good hedge against inflation since the price is inconsistent.  But the truth remains that Bitcoin price will keep recovering.

It seems to me that it belongs somewhere else, maybe in the trash? Does anyone really think the OP wrote that post or is it plagiarism, paraphrasing or AI?

The future of BTC in itselt doesn't depend on only the price, i know that the price is the most important factor for speculators but it isn't so for people who want to use BTC as a payment method. Adoption of BTC is going to continue growing and the network is obviously secured, so there isn't going to be any successful attack on the network, the future of BTC is bright and the more people understand the need to use a censorship resistant currency, the more adoption will increase.

The future of Bitcoin can be both bullish and bearish as either scenario are relative, this depends on what period we are currently experiencing in the market hence we predicting the future of Bitcoin should be aligned with the current market situation if it's a bullish market or a bearish market. Furthermore we have experienced a bearish market in the past two years.

In those two years some persons lost some money to the bearish market. Hence there have been a high anticipation of a bullish market considering we are about to experience a halving of Bitcoin in few months to come. From my point of view the future of Bitcoin in few months from now will be bearish, hence I have stacked up a few unit of Bitcoin awaiting it's bullish period so I can make some profit from this bullish future. If you want to invest in Bitcoin at this time I think it's a good idea but invest according to your available money.

Those of us who are active on this forum and just visit the shitcoins section are bullish on Bitcoin, especially in the long term. The longer the term, the more bullish we are. If anyone is concerned about how low the price is supposedly at the moment just zoom out a bit and while you're at it revisit old threads and see how bad the defeatists of years ago in the face of price declines have become.

First of all i think this thread can fit better on economics than bitcoin discussion, its not bad placement but i think it can fit more in the other section.

If you are asking this its because you have doubts about this, lest make this simple, Fiat money its in their last , with high inflation in the whole world, right now we see a "pause" on that inflation rate but in the short time we are gonna see again that inflation hyke even more than before, so BTC its gonna be bullish no matter what against them.

With Bitcoin, it's not an "either-or" situation of bullish vs bearish trends in the future. Looking at the price movement this year, it seems to me that Bitocoin is climbing up, but with big setbacks along the way. For example, the price was generally around $22k from mid-January till mid-March, around $27k till June, then over $29k since the end of June and till the middle of August, but now it's been around $26k for a few weeks. I hope it's a minor setback that won't spoil the general trend. And in the grand scheme of things, it doesn't really matter if it goes up or down in the near future, as Bitcoin's life is likely to be full of bullish and bearing markets in the future with, hopefully, a continuation of the overall long-term upward trend.

Most of us don't worry about bitcoin's price in the short term; whether it's bullish or bearish, we simply hodl onto it tightly and securely.
but i think price will fall further down, because FTX's users will sell their bitcoin holdings and other crypto holdings which will cause fall in price.

---

https://coingape.com/crypto-volatility-shoots-over-ftxs-rumoured-3-4-billion-sale-whats-the-fud/

Why bother with Bullish and Bearish when we are used to going through these 2 seasons every year? To make Bitcoin stronger and more trustworthy, there must be a touch of counter and balance. When FTX liquidates large amounts of its assets, it means a lot of Bitcoin is released into the market. Who will buy it? you or the whales? make a choice because this situation is quite sad but like it or not it will happen. We as small holders will definitely be affected. The right question now is, would you also sell it along with FTX? Or do you actually buy on sale? Are you strong with this negative news? If not, let go of the handle and let us take it for cheap.

BTW, maybe this is Blackrock's chance to step in to buy more, worried? please enjoy the bear market, then after that we leave by fast train.

Altcoins? I don't care anymore

For some reason, I believe, AI generates your content and I am sure you don't know what you are talking about. Unfortunately, I cannot prove my claim because I could not verify this post with some tools. But I have checked your post history which is full of AI content. I highly suggest OP not use these to Write content and not join the discussion if you are not interested in it. If you have a genuine interest in something, please create original content so people might give you suggestions if you lack knowledge. AI is certainly more intelligent than you and this is why you won't learn anything from these threads.

Bitcoin's future will certainly face alternating bull markets and bear markets. And it can't be avoided. Because that is what should happen to crypto which has a volatile nature. In contrast to stable coins which are always boring because they continue to run flat

The current rapid movement in the price of bitcoin seems to liquidate people playing in the futures market. Because today I saw many positions being liquidated on the market. Because the movement of bitcoin suddenly goes down quickly and suddenly goes up quickly. People are even convinced by their technical analysis which shows signs of a decline. So many people put Short. But then today the market recovered quickly. And liquidated many positions. But that's short term. Meanwhile, in the long term, I believe Bitcoin will have a quite profitable future for its holders.

The price of Bitcoin could reach $23k or lower this month, especially if negative news is released. This will clearly create fear for investors, especially new investors who do not yet have a strong foundation in holding Bitcoin.

But in the long term, Bitcoin will still have another bull run. And even if it happens in the next year or 2 years, that's okay too. We just need to be patient, wait, and remain calm to see the opportunities that exist.

And if the price of Bitcoin is pushed down due to a lot of negative news, that means our opportunity to buy Bitcoin at a low price is increasingly wide open. That means we are still given the opportunity to accumulate more Bitcoin at low prices.

This is what I think will happen in the market of Bitcoin. The trend is still bullish, and there's no sign of reversal yet. If Bitcoin price closes below $24,500 that would be alarming since it indicates that the sellers are in control and also there is a liquidation plan on FTX which might be a bad news for crypto if they get approved. What I saw in the market right now is not clear that the price will continue to go up since the weekly candle didn't close yet. If the price will stay above $26,000 this week, there's a high chance that the price will continue to go up.

You can ask this question many times, daily, weekly or monthly but if you have a long term vision and only look at Bitcoin with its yearly candles, I am sure you will no longer have this question.

Because, the yearly candle chart clearly wipes out your uncertainty about the trend of Bitcoin, bullish or bearish. Yes, it is very bullish since 2009.

If you have habit to use smaller time frame candles, it's time to change. It's time to zoom out to have a wider picture and see the trend.

The cryptocurrency market has been experiencing bearish for months now and that's doesn't make bullish, because everything has session and the period Bitcoin currently facing is bear market and is good opportunity to buy for the future bullish and is a matter of time and patience in the cryptocurrency business, because Bitcoin in future time will be bullish.

Bitcoin Spiral clock


source

We can look at the progress of bitcoin over the years with respect to the price and every occasions of halving from the past, also compare the blocks reward and blocks mined to the one left, when we sum up everything all together, we can see that bitcoin dip is not enough to raise a resistant allover the network protocols and past achievements, bitcoin is a digital currency that will always rise whenever it falls, there are more than enough evidence to proof this, in most instances, the bear market may linger just to unveil the intended bull market, everything we might be passing through by now could only be to the preparedness against the forthcoming bullrun for as many as possible to invest and hodl.

I think bitcoin price can reach $24K in this month and then it will pump to over $33k in october, but it is just my opinion. at least we can expect the value of or money in btc will always tend to increase as the number of btc adoption is still growing. maybe the future will be bullish and then bearish and it will repeat.

Well, the future of Bitcoin is always bullish for me, though there will always be times when the price of Bitcoin will have to be on the decline, that is absolutely nothing to bother or worry about, Bitcoin is just doing what makes it a currency and an asset, one of the characteristics of a currency is it's price against other currencies rises and falls, there is no currency or asset any where in the world that it's value just keeps going up and up and up like "The Billion Coin", (if we still remember those days ).

So the decline in the value of Bitcoin at this moment is nothing to worry about, infact, I am seeing this as the last opportunity Bitcoin is giving us to buy in before the year end, as by 2024, Bitcoin might be on the rise all through.

Considering the fact from its past history just after the bitcoin halvings, I can surely say that it will be going bullish and just give it some time because we all know how it ended up last time. Before that most people were in doubt about whether Bitcoin price would rise because they saw that it has never-ending ups and down and it's been facing a decline that time just before the unstoppable spike of the price happened until it creates another ATH. Now, people are back to their old ways again, they never learn and speculate negatively back and might also lose the opportunity to invest early again.

The future of fiat money is bearish. That's all I need to know about Bitcoin.

It's important to stay calm and not panic. There are a lot of factors that could be impacting Bitcoin's price right now, and it's impossible to predict what will happen next. Patience is key. Have a long-term investment horizon, especially for Bitcoin, because it will be a fruitful bull run for you.

The future of bitcoin is both Bullish and Bearish, not one of the options.

There are advantages to both of them to the market, so they will need to keep occurring for balance sake.

We do not want long bearish seasons, we want longer Bullish season.

Bitcoin's recent performance has raised concerns, with various factors impacting its trajectory. However, it's important to approach its future outlook rationally.

Technically, Bitcoin faces challenges with a critical support level at around $25,500. A break below this could lead to further declines, potentially testing $20,000.

In the short term, a price above $2.58 might signal a trend reversal, while surpassing $2.65 could indicate a rebound. But until Bitcoin shows significant strength, rebounds may be brief.

Ethereum has its challenges, with low trading volumes and the recent hacking of founder Vitalik Buterin's Twitter account affecting its reputation. Short-term market stagnation is possible.

In terms of news, the FTX token sale case may appeal in September. However, the market's ability to absorb a $200 million sell-off remains uncertain. Key events, including the FTX case and economic data, are being closely watched.

Some analysts believe this drop may be manipulated to liquidate long positions. The market is contracting, with funds flowing to a few, causing a drop in Bitcoin's trading volume.

For future trends, caution is advised. Bitcoin may rebound in October, but September is uncertain. The purchasing power of $1 has changed since 2021, making funds cautious. Altcoins' response to Bitcoin's rebound and their gains should be approached carefully. In the short term, risk awareness is vital.

In summary, a rational, calm approach is essential in the cryptocurrency market. Make investment decisions based on your circumstances and risk tolerance, avoiding being swayed by sentiment.