The price of bitcoin is not rising soon!. - page 7.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: ItsCrafty on May 13, 2023, 01:41:41 AM

I think the condition of Bitcoin is not looking any better in the current situation,but Bitcoin halving period will start in April 2024 next year,but it is not even the case that the price of Bitcoin will start increasing from the day of halving.

It was just an estimation that it might happen from the period of April or May 2024. It happens every 210k blocks and currently, we're around 789k blocks already. So everything is just an estimation now on when exactly will the 840,000th block will be mined.

Quote from: ItsCrafty on May 13, 2023, 01:41:41 AM

If someone wants to take crypto from here, then start taking their crypto from here.Because if we look at the previous record of bitcoin, it has always seen such a situation before halving and after that bitcoin started its journey towards bull season.So I think there is no need to worry too much.

Nothing to worry about. We're just 12 months away from it and when we're going near to the halving. It's either the signs bein shown before it are always positive and then the rest of the next year is taking the bulls and the cycle goes off again.

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: ItsCrafty on May 12, 2023, 10:07:32 AM

Quote from: Etranger on May 12, 2023, 09:19:44 AM

But we have already risen to +30000 not so long time ago. If you stick to your analysis, don't you think we are in a second stage, which means BTC will soon drop below 25000?

There is no doubt that Bitcoin has gone from 16k to 30k, but this journey has spanned more than 400 days,but according to experts, if Bitcoin reaches the support of twenty five thousand five hundred, then it is a strong support.From here if bitcoin takes bonus back it will easily reach between $35k to $40k.

The possibility of falling below $25k is very less.Bitcoin come back to $25k can be a good move to make a long jump.Bitcoin is likely to go higher from here,because if you look at the previous record, there are always two mini-Alt seasons.one season we have seen and the second one is yet to come.After the second season, Bitcoin may retest once again and move closer to twenty thousand.

What are you saying based on what happened in 2019? I also believe bitcoin will soon hit $35k or more, and then there will be a sharp correction below $20k once again. I remember bitcoin in 2019 also recovered and crossed $12k, but then corrected back to $4k in 2020 before the halving.
I still have a feeling history will repeat itself in this cycle, and if it is, we still have a big sale, and that's an opportunity for those who missed the $16k price point last year. But it would be wiser with DCA instead of waiting, bitcoin is still unpredictable, and there is no guarantee that history will repeat itself.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Yatsan on May 12, 2023, 07:50:14 AM

Quote from: traderethereum on May 12, 2023, 07:36:15 AM

It's okay if bitcoin hasn't been able to increase again this year because bitcoin still has a lot of time to increase.
We must be grateful that we are still given more time to be able to buy bitcoins at low prices so we have to use this time to buy bitcoins.
You can use the DCA method if you can't buy bitcoins using a lot of money. It can also help you to be able to accumulate many bitcoins.
And even though it looks like bitcoin is looking hard to go up, I believe the price of bitcoin will go higher and it's only a matter of time.
So be patient to wait until the price goes up again.

The price would either go up or down. I think it is more likely to increase this year even if it won't reach its ATH. The market have shown progress already from the market crash since its ATH and that is something already to consider. But as usual, the market price won't continuously increase in a consistent manner; corrections would always take place no matter how we wish the price to not fall. The bullrun is more likely to happen next year due to the anticipated halving but as we manage our expectation, things won't instantly happen. Indeed, patience will be required no matter what behavior the market is showing. Find the right entry points and you will be good to go.

I'm also optimistic that the price will increase again this year, even though that hasn't reached the last ATH yet or even the newest ATH.
It was only a matter of time before Bitcoin started getting bigger pumps and being able to go up to higher prices.
This is like another test for us in holding Bitcoin; only those who can hold Bitcoin will get that big advantage.
The market price will show signs of increasing and we should be more prepared to wait for it so we can determine what we should do.
And right now, we should stay focused on accumulating Bitcoin because if a pump comes straight to the market later, we will miss the best moment to buy at low prices again.

ItsCrafty

full member

Activity: 826

Merit: 135

Tontogether | Save Smart & Win Big

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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 think the condition of Bitcoin is not looking any better in the current situation,but Bitcoin halving period will start in April 2024 next year,but it is not even the case that the price of Bitcoin will start increasing from the day of halving.rather, there is movement within the market long before that.Now we have to figure out how many days we have before the halving Whether the market goes down or up, we should prepare for the bull season from here.According to analysts, Bitcoin may begin its bull season slowly from here.

If someone wants to take crypto from here, then start taking their crypto from here.Because if we look at the previous record of bitcoin, it has always seen such a situation before halving and after that bitcoin started its journey towards bull season.So I think there is no need to worry too much.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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?

What you are saying concerning the price of bitcoin is not true, there have been an increase of value in bitcoin some weeks ago , try and make research before you drop things like this to the public. You can't say their won't be value to the price of bitcoin because you can't predict the price of bitcoin. Last year we all experienced the bear market that the price was down upto $17 but recently their have been a good increase in bitcoin and I think we are getting into the bull season as we can see increase of value in the market. Op it will be nice for you to go back to see where the market is coming from.

ItsCrafty

full member

Activity: 826

Merit: 135

Tontogether | Save Smart & Win Big

Quote from: Etranger on May 12, 2023, 09:19:44 AM

But we have already risen to +30000 not so long time ago. If you stick to your analysis, don't you think we are in a second stage, which means BTC will soon drop below 25000?

There is no doubt that Bitcoin has gone from 16k to 30k, but this journey has spanned more than 400 days,but according to experts, if Bitcoin reaches the support of twenty five thousand five hundred, then it is a strong support.From here if bitcoin takes bonus back it will easily reach between $35k to $40k.

The possibility of falling below $25k is very less.Bitcoin come back to $25k can be a good move to make a long jump.Bitcoin is likely to go higher from here,because if you look at the previous record, there are always two mini-Alt seasons.one season we have seen and the second one is yet to come.After the second season, Bitcoin may retest once again and move closer to twenty thousand.

Rupok

full member

Activity: 882

Merit: 100

I don't agree with you, a few days ago we noticed Bitcoin reaching 30k. Now maybe the price has dropped to 27k but expect the price to go up to $40k.Everyone is expecting BTC to pump massively and they have predicted that people are starting to feel it from this year. As you say for sure that the market will not pump, your prediction may not be correct.The Bitcoin market is always uncertain, but looking at some portfolios in the Bitcoin market we can expect that we will reach a bull market this year.You will understand if you analyze properly

Etranger

hero member

Activity: 504

Merit: 816

Top Crypto Casino

Quote from: Ucy on May 11, 2023, 11:08:54 AM

Hope you are OK, my friend.
Bitcoin price has been rising. We have had close to 100% increase in price this year. It will continue to rise until +30,000, then it will drop below 25,000 and start to rise again until it hit new highs.
The price will increase shortly for the sake of this post to prove to you it's rising. Let's cross 30,000,is that okay?

But we have already risen to +30000 not so long time ago. If you stick to your analysis, don't you think we are in a second stage, which means BTC will soon drop below 25000?

Mate2237

hero member

Activity: 700

Merit: 577

Quote from: Godlovesyou on May 11, 2023, 09:51:41 AM

The movement of price index has clearly show that the price will not rise this year,

If the price is on the $29k to $30k it would have been better but now the price coming down again to $26k. Everything in bitcoin now is confusing but everything will be fine.

Quote from: Godlovesyou on May 11, 2023, 09:51:41 AM

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.

The drop of bitcoin is more than a year now. It was from last year April that the price started dropping. Government has nothing to do with the price of bitcoin. The only thing no will say is that, heavy weight whales are withdrawing and that makes the price like this.

ringgo96

sr. member

Activity: 1582

Merit: 279

Vave.com - Crypto Casino

now is not the time to talk about the increase in bitcoin because every drastic price drop, bitcoin takes up to 4 years to regain its highest value, and we have often found this in the past few years, so for now we need patience to get it back bitcoin value to the highest number and many investors hope that the increase will occur within this year but I'm not sure this will happen, because bitcoin and altcoins have not been able to find a bright spot both inside and outside.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

I value your opinion, but personally, I still believe that Bitcoin's price will remain stable this year and I don't anticipate a bull run anytime soon. Instead, I suspect that we may see a slight decrease in price to around $20k before it starts to increase again, possibly reaching $30-$35k.

Please note that this is just my speculation, and there is no reliable information to support my prediction.

Bitcoin's price can be influenced by various factors including news and commodities. Anything could happen, but we can always hope for the best.

I think we cannot directly compare Bitcoin to traditional commodities because they differ in terms of price correction. Bitcoin's price can correct by as much as 10% or even more, while commodities such as gold or diamonds tend to have more stable prices.

cydrix

full member

Activity: 602

Merit: 129

I don't believe you accurately compare the present market price to last year, when it dropped to $18k to frighten new traders about the significant bear that persisted in the market until the year's end. If the market price can go from $19k to $30k in 2023 before falling to $27k a few hours ago, it indicates that the price of BTC is rising and that there is hope that it may rise even further to reach $40k before falling back to bear once more.

cryptolists

copper member

Activity: 23

Merit: 0

Co-founder of CryptoLists.com

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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 think there is significant more downside before Bitcoin goes up again. It's about to enter the 5th leg of the Elliott Wave, which means that a new upturn will begin after that. How soon? Hard to predict, but the downturn might last another 6-10 months - or a bit more or less. My estimate is based on Elliott Wave theory and between 8-12k is the next level to watch out for.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: traderethereum on May 12, 2023, 07:36:15 AM

It's okay if bitcoin hasn't been able to increase again this year because bitcoin still has a lot of time to increase.
We must be grateful that we are still given more time to be able to buy bitcoins at low prices so we have to use this time to buy bitcoins.
You can use the DCA method if you can't buy bitcoins using a lot of money. It can also help you to be able to accumulate many bitcoins.
And even though it looks like bitcoin is looking hard to go up, I believe the price of bitcoin will go higher and it's only a matter of time.
So be patient to wait until the price goes up again.

The price would either go up or down. I think it is more likely to increase this year even if it won't reach its ATH. The market have shown progress already from the market crash since its ATH and that is something already to consider. But as usual, the market price won't continuously increase in a consistent manner; corrections would always take place no matter how we wish the price to not fall. The bullrun is more likely to happen next year due to the anticipated halving but as we manage our expectation, things won't instantly happen. Indeed, patience will be required no matter what behavior the market is showing. Find the right entry points and you will be good to go.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

It's okay if bitcoin hasn't been able to increase again this year because bitcoin still has a lot of time to increase.
We must be grateful that we are still given more time to be able to buy bitcoins at low prices so we have to use this time to buy bitcoins.
You can use the DCA method if you can't buy bitcoins using a lot of money. It can also help you to be able to accumulate many bitcoins.
And even though it looks like bitcoin is looking hard to go up, I believe the price of bitcoin will go higher and it's only a matter of time.
So be patient to wait until the price goes up again.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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.

How sure are you that bitcoin price is not going to rise this year? And I don't know if anyone told you the specific time that bitcoin price is going to rise because am sure nobody knows that. How sure are you that bitcoin is suffering from heavy weight withdrawals, can you please provide proof for that. It's almost a year now that bitcoin price drop but don't you see that bitcoin price is bouncing back gradually, ending of last year bitcoin went to around $16k but today bitcoin is around $26k. If bitcoin have been suffering from heavy weight withdrawal, do you think Bitcoin will have gotten to the current price.

Quote from: ReiMomo on May 11, 2023, 01:38:56 PM

Currently Bitcoin price falls, but it will not continue and some changes will happen in upcoming days. Most of the recent researches indicates that the price of Bitcoin will increase by end of the May 2023. So don't loose your hope that Bitcoin is not rising. Surely it will rise but it will need some time.

Am sure the OP is among set of people that just need quick money from bitcoin, maybe he is expect bitcoin to bounce back to $60k+ overnight. The OP should know that bitcoin didn't dump overnight and it won't pump overnight, when Bitcoin was dumping, it was dumping gradually and if bitcoin will pump it will also be a gradual process.

I will recommend you don't believe what all those researchers say or you might endup being disappointed if bitcoin didn't pump at the specific period that they gave. All I will tell you is that have confidence in bitcoin and bitcoin will pump again, but we don't know when the pump will be happening.

Fesatmas

sr. member

Activity: 2268

Merit: 275

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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?

Do you try to question Bullrun? If you invest in Bitcoin for the near term I think, it is very unlikely that Bitcoin has experienced a significant increase this year, but who knows Bitcoin can also be the center of attention this year, no one knows about it, commodities such as oil, gold And others do have high demand so the market has a fairly high capitalization.
Speculation will indeed make a doubt when viewed from today's world news about the Bitcoin market, I think that is usual.
And you also need to remember that we are in the sideway zone for Bitcoin, of course for the zone, it is usually quite long before Bitcoin rises again, you only need to wait before Halving or after Halving Bitcoin will experience an increase in price.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Far from rising, Bitcoin's price has only been on a downward spiral. I am very worried about this market because I have taken futures trade in Bitcoin. I have already lost almost 60% of my money. If the market goes down a little more, I will lose all my money. I am not satisfied with the movement of the market, the market is only moving downward.
Looking at the current state of the market, can anyone tell me how much more the market can go down from the current state. I tried to understand the market movement in different ways but I think the market may go down further. Please let me know your opinion on this.

Crypt0Gore

sr. member

Activity: 952

Merit: 275

In spite of this correction, I'm bullish on Bitcoin. This could be the last opportunity to buy some Bitcoin in 2023. Instead of panicking, why not take this opportunity to keep buying some Bitcoin?

Now is the time to get your hands on what you can, this downtrend is expected because it is better than a crazy surge. It would be bad for the market overall if we kept surging.

Since there will be plenty of time to accumulate more Bitcoin if Bitcoin doesn't increase this year, I'll be happy about it.

davis196

hero member

Activity: 3192

Merit: 939

Quote from: Godlovesyou on May 11, 2023, 09:51:41 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?

Try to put more effort, when you want to spread FUD. Grin

The crypto winter isn't over and nobody is expecting some crazy 100K Bitcoin bull run anytime soon. Bitcoin is doing just fine right now.
I hope that this transaction fee madness cause by the ordinals protocol will end soon, but I'm not optimist.
Why the hell do you have to compare Bitcoin to crude oil, gas, gold and diamonds? A global recession might be coming, the price of everything except gold might be going down. Bitcoin might be a safe heaven, but I don't think that the "powers that be" would allow BTC to be used as a safe heaven. I expect another big crypto company going down by the end of the year, probably Binance.

Topic: The price of bitcoin is not rising soon!. - page 7. (Read 1079 times)