The price of bitcoin is not rising soon!. - page 2.

Dickiy

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Quote from: jasonjm on September 01, 2023, 11:29:31 PM

The market has been in correction phase since the last ATH, the phase might continue for the next few months. It is certain that the market will bounce back next year after BTC halving.

Yes that's right, Bitcoin is now experiencing a price correction phase at around $25k, if I look at the formation that is happening, the price support is now almost touching the support two months ago and this is the third support in the current year and if the price now drops more than $24k well in my opinionbitcoin will be quite long in this correction phase because the lowest price a few months ago has been broken. In my opinion we are only counting the next few days to determine the price reversal or even further down, because now is the decisive position.

Honestly, this is a very good opportunity for us to buy more, take advantage of the support and correction that is happening now, because so far the overall data history still indicates bullish. So if you want to buy now please but use safe money or that will not be disturbed by other needs so that you remain calm when facing surprising price fluctuations. But on the other hand I think 80% in the next two months it will go back up, we'll see.

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Quote from: CageMabok on August 31, 2023, 09:35:12 AM

Quote from: Ricardo11 on August 31, 2023, 04:42:02 AM

Yes, the price of bitcoin is not rising soon. Because Bitcoin price index movement is very slow. It's been around 30k for a long time now, it's never going to break 30k. It is currently priced at 27k and seeing the upswing in Bitcoin price we clearly understand that it will take more time to cross 30k. So the price of Bitcoin is not rising soon.

The difficulty of increasing Bitcoin during this month could be because there are still more sellers at the low price and fewer buyers at the much higher price. I think that is a very appropriate reason to say because when the sellers at low prices are still greater than the buyers at the moment, it will certainly make it difficult for Bitcoin prices to increase in the near future.

But the potential for an increase in the price of Bitcoin itself is still there and will never disappear in the market as long as people who believe in Bitcoin can continue to grow and have no doubts about continuing to own it in the future. I still believe that the price of $30K will pass even though it won't happen anytime soon, but it will definitely happen again to Bitcoin even if Bitcoin has to take a longer time to make that move.

No one is saying that bitcoin won't break $30k but it clearly won't happen soon and I even doubt it can't break $30k before the end of the year. if I remember correctly, people always say that bitcoin will soon increase, not decrease, because the halving is approaching and people are actively buying bitcoin. but what is happening is not like what people say and I just guess that there is some force that is holding back the price of bitcoin. they want us to get discouraged and sell bitcoins at low prices so we need to be more patient when things don't go as we expected.

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The market has been in correction phase since the last ATH, the phase might continue for the next few months. It is certain that the market will bounce back next year after BTC halving.

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Quote from: Godlovesyou on May 11, 2023, 10:51:41 AM

The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

I mean it's cryptocurrency so there is always a possibility that the market price could be triggered and increase but probably it is just going to be a normal pump, a few percent, or could be around 30k$. To be honest, no one really thinks that the Bull Run is going to happen this year Most of the investors are just accumulating cryptocurrency at this time so that they could easily sell it on the Bull Run. If there is a time when there is a possibility for the market price to move it is probably going to be at the end of the year because most of the time at the end of the market price gets a lot of movement and skyrockets.

I'm really expecting the market price to skyrocket in 2025 or maybe 2024 if we are early, compared to the past month's Bitcoin adaptation was just huge, and even if some platforms Bitcoin and cryptocurrency are already adapted and used that just means that it could easily attract millions of users using their platform. We just need to HODL our investment in the long term because it is just way to risky to sell your investment in just a small amount of time because you're just gonna end up losing in the market.

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Quote from: Yaunfitda on August 31, 2023, 07:48:34 AM

-snip-
And then after months into the halving year, we will slowly see the price growing and in 2024 we might see $50k or even higher. Will continue to have a good bullish year and then the all time high. So this is still a very good chance to save and accumulate.

People who panic too much won't do that.
They only hold in the short term and when the price looks bad and tends to go down, they start to sell in order to cut their losses.

Whereas it is an opportunity to start buying and accumulating for long-term accumulation.
It will be profitable to hold for the long term and sell at the highest target price until it is reached, which is a successful investment.

Quote from: DanWalker on August 31, 2023, 08:35:05 AM

-snip-
If we don't take advantage of this moment, then when the bear season is over and the bull season comes, and we have another bear season, we won't have a chance to see bitcoin at $30k anymore. So, those who have not yet accumulated enough bitcoins for themselves should make the most of their time.

Collect and hold until the ATH is reached next year. It is likely that we will not see the current low prices again.
Everyone predicts bitcoin will reach ATH $100k and that is a target that can really be achieved when Bitcoin has enough volume with new investors or old investors starting to re-enter.

So just hold on and see what happens next year.
We are still at the beginning, and the bull market is about to start.

CageMabok

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Quote from: Ricardo11 on August 31, 2023, 04:42:02 AM

Yes, the price of bitcoin is not rising soon. Because Bitcoin price index movement is very slow. It's been around 30k for a long time now, it's never going to break 30k. It is currently priced at 27k and seeing the upswing in Bitcoin price we clearly understand that it will take more time to cross 30k. So the price of Bitcoin is not rising soon.

The difficulty of increasing Bitcoin during this month could be because there are still more sellers at the low price and fewer buyers at the much higher price. I think that is a very appropriate reason to say because when the sellers at low prices are still greater than the buyers at the moment, it will certainly make it difficult for Bitcoin prices to increase in the near future.

But the potential for an increase in the price of Bitcoin itself is still there and will never disappear in the market as long as people who believe in Bitcoin can continue to grow and have no doubts about continuing to own it in the future. I still believe that the price of $30K will pass even though it won't happen anytime soon, but it will definitely happen again to Bitcoin even if Bitcoin has to take a longer time to make that move.

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Quote from: Yaunfitda on August 31, 2023, 07:48:34 AM

Quote from: taufik123 on August 31, 2023, 05:03:42 AM

Quote from: Vinaa77 on June 05, 2023, 09:25:54 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

And if it's a good prediction, honestly it's still very good to take the positives from the price that's going on right now in the market, Bitcoin is under $30k which is where we can stack up during this time, and using year-end predictions to no avail wrong, so maybe it's possible we'll see it later this year, whether for good or otherwise.

Holding bitcoin is a no-brainer, the price is still below $30k and this is a bargain.
I'm afraid next year we may not see prices below $30k again, so this will be a good opportunity to start entering gradually.

There are many reasons why next year could be different from now.
Of course, the halving will happen soon and the volume will increase even more.

ATH will be reached when the next bull run arrives.
This is everyone's hope and will certainly be a profit field for those who buy and hold from now on.

Exactly, although I have a feeling that at least at the end of the year, the price is still going to be very cheap and could consider be a bargain for us. But after that when we approach near halving, or the halving month, we might see some good price movement.

And then after months into the halving year, we will slowly see the price growing and in 2024 we might see $50k or even higher. Will continue to have a good bullish year and then the all time high. So this is still a very good chance to save and accumulate.

If anyone is a long-term investor, the longer the bear season lasts, the happier they will be because they have more time to accumulate bitcoin at cheap prices. So, bitcoin not increasing in price anytime soon is not a big deal for many people. But bear season can't last forever and I agree with you two that the chances of buying bitcoin under $30k are getting smaller and smaller as the halving approaches. If we don't take advantage of this moment, then when the bear season is over and the bull season comes, and we have another bear season, we won't have a chance to see bitcoin at $30k anymore. So, those who have not yet accumulated enough bitcoins for themselves should make the most of their time.

Yaunfitda

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Quote from: taufik123 on August 31, 2023, 05:03:42 AM

Quote from: Vinaa77 on June 05, 2023, 09:25:54 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

And if it's a good prediction, honestly it's still very good to take the positives from the price that's going on right now in the market, Bitcoin is under $30k which is where we can stack up during this time, and using year-end predictions to no avail wrong, so maybe it's possible we'll see it later this year, whether for good or otherwise.

Holding bitcoin is a no-brainer, the price is still below $30k and this is a bargain.
I'm afraid next year we may not see prices below $30k again, so this will be a good opportunity to start entering gradually.

There are many reasons why next year could be different from now.
Of course, the halving will happen soon and the volume will increase even more.

ATH will be reached when the next bull run arrives.
This is everyone's hope and will certainly be a profit field for those who buy and hold from now on.

Exactly, although I have a feeling that at least at the end of the year, the price is still going to be very cheap and could consider be a bargain for us. But after that when we approach near halving, or the halving month, we might see some good price movement.

And then after months into the halving year, we will slowly see the price growing and in 2024 we might see $50k or even higher. Will continue to have a good bullish year and then the all time high. So this is still a very good chance to save and accumulate.

taufik123

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Quote from: Vinaa77 on June 05, 2023, 09:25:54 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

And if it's a good prediction, honestly it's still very good to take the positives from the price that's going on right now in the market, Bitcoin is under $30k which is where we can stack up during this time, and using year-end predictions to no avail wrong, so maybe it's possible we'll see it later this year, whether for good or otherwise.

Holding bitcoin is a no-brainer, the price is still below $30k and this is a bargain.
I'm afraid next year we may not see prices below $30k again, so this will be a good opportunity to start entering gradually.

There are many reasons why next year could be different from now.
Of course, the halving will happen soon and the volume will increase even more.

ATH will be reached when the next bull run arrives.
This is everyone's hope and will certainly be a profit field for those who buy and hold from now on.

Ricardo11

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Yes, the price of bitcoin is not rising soon. Because Bitcoin price index movement is very slow. It's been around 30k for a long time now, it's never going to break 30k. It is currently priced at 27k and seeing the upswing in Bitcoin price we clearly understand that it will take more time to cross 30k. So the price of Bitcoin is not rising soon.

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Quote from: someone703 on May 31, 2023, 06:04:09 PM

Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

And if it's a good prediction, honestly it's still very good to take the positives from the price that's going on right now in the market, Bitcoin is under $30k which is where we can stack up during this time, and using year-end predictions to no avail wrong, so maybe it's possible we'll see it later this year, whether for good or otherwise.

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Quote from: YUriy1991 on June 05, 2023, 04:20:31 AM

If you already know maybe about where this is going I'm sure you will continue to collect it. The picture above, there is an interesting dichotomy in the ongoing trend of Bitcoin accumulation, where the largest whales with holdings above 10K BTC continue to accumulate aggressively, while other groups of traders experience a significant distribution.

I think Impact could have some interesting implications. Namely aggressive accumulation by the biggest whales may indicate their confidence in the long term value of Bitcoin. This can give a positive signal to the market, increase investor confidence and encourage further interest in this crypto asset.

I'm pretty sure it is like you have said. The only question is when these consequences will become so significant that they will affect both the cost of Bitcoin and the market as a whole. Whales may accumulate now as they are satisfied with the price and see favorable conditions to buy the asset. But we do not know when they plan to realize the profit. And this is one of the main issues smaller investors and traders are facing.

YUriy1991

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If you already know maybe about where this is going I'm sure you will continue to collect it. The picture above, there is an interesting dichotomy in the ongoing trend of Bitcoin accumulation, where the largest whales with holdings above 10K BTC continue to accumulate aggressively, while other groups of traders experience a significant distribution.

I think Impact could have some interesting implications. Namely aggressive accumulation by the biggest whales may indicate their confidence in the long term value of Bitcoin. This can give a positive signal to the market, increase investor confidence and encourage further interest in this crypto asset.

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Quote from: kotajikikox on June 03, 2023, 08:14:30 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

The fact that the price has increased so quickly since the beginning of this year is a good sign. Anyway, it shows that the economy and sanctions, as well as interest rate hikes, are not too heavy for bitcoin. Remember, there have been many companies and projects that went bankrupt, but it is not bad for the price to recover to 30k and then slowly decrease sideways in the range of 26–27k. Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

Only fool that will look for that very soon , why seek for bitcoin rising this fast when we are certain that we need to wait for halving in the next coming years.
and also I don't want to expect better in 2023 aside from that 30k breaking , instead I will take this chance to buy more and more before what will come in 2024 and of course 2025.

which will come in 2024-2025 is of course still a mystery to all of us, whether the price will be bullish or not,
what is certain is that in 2023 we should always buy at low prices and hold until 2024-2025,
if it is bullish then we will be millionaire but if not would be a regret.

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well, you make it look bad. if you pay more attention, this is a normal thing of bitcoin when the price is high or low. this has been the case since the early days of bitcoin's popularity. actually, right now the price of bitcoin is quite high, but when you look at it from ATH, then you see that the price is very low.
however, we don't know the price of bitcoin will go up or down, but the price potential is still very high for the future, especially the halving that will occur.

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Quote from: Etranger on June 03, 2023, 09:34:25 AM

Quote from: kotajikikox on June 03, 2023, 08:14:30 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

The fact that the price has increased so quickly since the beginning of this year is a good sign. Anyway, it shows that the economy and sanctions, as well as interest rate hikes, are not too heavy for bitcoin. Remember, there have been many companies and projects that went bankrupt, but it is not bad for the price to recover to 30k and then slowly decrease sideways in the range of 26–27k. Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

Only fool that will look for that very soon , why seek for bitcoin rising this fast when we are certain that we need to wait for halving in the next coming years.
and also I don't want to expect better in 2023 aside from that 30k breaking , instead I will take this chance to buy more and more before what will come in 2024 and of course 2025.

I believe that both standpoints have the right to exist. It all depends on the strategy and capabilities of a particular investor. As I said above, each investor evaluates an asset by that ROI which he personally receives from his investments. And of course, the investor's resources play a huge role. Some people can't afford to wait after halving, they want a pretty quick return on investment, even if the percentage is lower. But this does not mean that such a strategy is worse than a long hold. After all, the time for which you get your money back + interest is also a factor worth great attention, and it must be taken into account when investing.

Valid points mate and yes stand points are right to exist because there is no one way in every investments and also there are so much to expect either this year , next year or the 2025 (when bull run expected to take place)
but great attention depends for those who truly support crypto or those who hates that only seeks for instant earning .

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Quote from: Joshapat on June 03, 2023, 02:44:34 AM

Things that make the price of bitcoin always volatile because it uses the concept of decentralization so that prices will be easy for dumps or pumps, sometimes price fluctuations in a day can happen unique. And in my opinion another factor is the impact of economic recession that makes many people afraid of investing in Cryptocurrencies which are high risk.

There is no need to blame the concept in terms of fluctuating prices because actually fluctuating is a very natural thing when there are lots of people trading in the market, especially Bitcoin. Because not everyone makes purchases on Bitcoin at the same time and also not everyone sells Bitcoin at the same time so that prices decrease and increase always occur which will always be adjusted by the market based on demand and supply prices.

Quote from: Desscount on June 03, 2023, 03:17:54 AM

I think the economic recession makes people afraid to be in the Bank, not in cryptocurrency,
because if you look at the chart of Bitcoin in 2023 you will know that the uptrend from $ 16k to $ 30k is the answer,
that the economic recession is not a threat to investing in Bitcoin, rather it is an opportunity to invest in Bitcoin or crypto currency.

Really agree with what you said because it is very clear that the increase in Bitcoin and cryptocurrency has really been seen this year even though the economic recession is still going on. And that means that there are many people who no longer rely on banks to save their money even though they still have to use banks in their lives because there are services that everyone still needs from banks. So the bank needs to make itself stronger in conditions of economic recession so that more customers don't run away from them.

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Quote from: kotajikikox on June 03, 2023, 08:14:30 AM

Quote from: someone703 on May 31, 2023, 06:04:09 PM

The fact that the price has increased so quickly since the beginning of this year is a good sign. Anyway, it shows that the economy and sanctions, as well as interest rate hikes, are not too heavy for bitcoin. Remember, there have been many companies and projects that went bankrupt, but it is not bad for the price to recover to 30k and then slowly decrease sideways in the range of 26–27k. Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

Only fool that will look for that very soon , why seek for bitcoin rising this fast when we are certain that we need to wait for halving in the next coming years.
and also I don't want to expect better in 2023 aside from that 30k breaking , instead I will take this chance to buy more and more before what will come in 2024 and of course 2025.

I believe that both standpoints have the right to exist. It all depends on the strategy and capabilities of a particular investor. As I said above, each investor evaluates an asset by that ROI which he personally receives from his investments. And of course, the investor's resources play a huge role. Some people can't afford to wait after halving, they want a pretty quick return on investment, even if the percentage is lower. But this does not mean that such a strategy is worse than a long hold. After all, the time for which you get your money back + interest is also a factor worth great attention, and it must be taken into account when investing.

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Quote from: someone703 on May 31, 2023, 06:04:09 PM

The fact that the price has increased so quickly since the beginning of this year is a good sign. Anyway, it shows that the economy and sanctions, as well as interest rate hikes, are not too heavy for bitcoin. Remember, there have been many companies and projects that went bankrupt, but it is not bad for the price to recover to 30k and then slowly decrease sideways in the range of 26–27k. Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

Only fool that will look for that very soon , why seek for bitcoin rising this fast when we are certain that we need to wait for halving in the next coming years.
and also I don't want to expect better in 2023 aside from that 30k breaking , instead I will take this chance to buy more and more before what will come in 2024 and of course 2025.

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Quote from: someone703 on May 31, 2023, 06:04:09 PM

The fact that the price has increased so quickly since the beginning of this year is a good sign. Anyway, it shows that the economy and sanctions, as well as interest rate hikes, are not too heavy for bitcoin. Remember, there have been many companies and projects that went bankrupt, but it is not bad for the price to recover to 30k and then slowly decrease sideways in the range of 26–27k. Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.

Definitely it's what we believe that bitcoin will rise again, the time or when this is coming is what we may not accurately predict, but have the feelings that just as it has always been from the past years, bitcoin get more on it peak during the halving and it attaining a new all time high, this will definitely come to pass again this coming year but not till then, we can't predict when exactly but our hope remains on bullrun because we've invested.

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