we will not know for the future price of bitcoin, including this year's price.
Bitcoin has the nature of fluctuating and of course people who have experience in BTC for more than a decade will definitely not be surprised to see BTC price movements.
and in my opinion the price of btc can still be called normal. and indeed now the price of btc is declining but with this decline I consider it a good opportunity to buy btc.
So basically no one will know about BTC price predictions because BTC prices are difficult to predict.
Topic: The price of bitcoin is not rising soon!. - page 8. (Read 1079 times)
as a bitcoin investor and someone who believes in bitcoin, for me it doesn't really matter if bitcoin doesn't increase this year. considering that when I invest in bitcoin, I tend to dare to hold it in the long term, and what is used to invest is cold money, so I will remain faithful to waiting for it like in 2017 and 2021, where many people do not expect bitcoin to reach levels beyond many people estimate
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?
The way the Bitcoin market has been fluctuating this year doesn't look like it will be a bull market again. The Bitcoin market touched $31,000 at the beginning of the new year when the Bitcoin market dropped to $15,000. But right now the market is in the middle of parity which is not growing very fast. Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?
The Bitcoin growth rate is not growing that much but I think the Bitcoin market will pump a lot at some point. It is certain that the Bitcoin market will turn into a bull market, but it may take a year or so.
Gold and Diamonds have increased in value compared to Bitcoin in the current market. But if you look at the past, the price of Bitcoin once pumped more than the price of gold. So I think it would be best to invest in the current market position in Bitcoin. Because there is no volatility, you must be patient by investing in Bitcoin and in the future we know that Bitcoin will change into a bull market.
It's getting cheaper already. Last time I tried 10 minutes priority for 10USD. It used to be 24$ a week ago.
The market is very unpredictable. For a moment we get to have a green candle and hours later it's already red presenting us lower lows.
But I think we are about to bounce again sooner to go more than $31K. Just my hunch as I see the 4hr chart getting ready to move up and there is the news about the regulation hearing moving forward.
the price of bitcoin is currently experiencing a decline and of course there are many reasons and maybe it could also be because
high btc transaction fees that discourage people from buying btc. so indeed for now btc is being faced with a tough ordeal and in my opinion btc will definitely take quite a long time to recover, and I hope the price of btc goes up quickly, and hopefully btc transaction fees quickly return to normal and become cheap.
high btc transaction fees that discourage people from buying btc. so indeed for now btc is being faced with a tough ordeal and in my opinion btc will definitely take quite a long time to recover, and I hope the price of btc goes up quickly, and hopefully btc transaction fees quickly return to normal and become cheap.
The market is very unpredictable. For a moment we get to have a green candle and hours later it's already red presenting us lower lows.
But I think we are about to bounce again sooner to go more than $31K. Just my hunch as I see the 4hr chart getting ready to move up and there is the news about the regulation hearing moving forward.
the price of bitcoin is currently experiencing a decline and of course there are many reasons and maybe it could also be because
high btc transaction fees that discourage people from buying btc. so indeed for now btc is being faced with a tough ordeal and in my opinion btc will definitely take quite a long time to recover, and I hope the price of btc goes up quickly, and hopefully btc transaction fees quickly return to normal and become cheap.
high btc transaction fees that discourage people from buying btc. so indeed for now btc is being faced with a tough ordeal and in my opinion btc will definitely take quite a long time to recover, and I hope the price of btc goes up quickly, and hopefully btc transaction fees quickly return to normal and become cheap.
I would agree with you if I didn't know how to assess the market technically. Based on what I've seen on the Bitcoin chart, the trend appears to be bullish.
Trends are different if you use different charts. 30 minutes, 4-hours, 1-day, 1-week, 1-month, 1-year charts will show you different trend lines.Because Bitcoin is for long term investment, if you want to find its trend, use 1-year chart to look first. If you want to see what's going on in nearly past months, use 1-moth chart. Viewing from wide to narrow pictures is very good.
https://charts.bitbo.io/yearly-candles/
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Sometimes terrible news arrives in the market merely for market makers to buy at a deep discount before it rises, in other words, manipulation. So, before you panic because you got terrible news, look at the chart first before assuming that the price drop is accurate. In trading, both fundamental and technical analysis are useful.
If you hold bitcoins for long term, you don't have to digest news. Let news do its role in the market, makes people panic, greed, fomo but with time, price will grow.Good views with https://casebitcoin.com/charts
I would agree with you if I didn't know how to assess the market technically. Based on what I've seen on the Bitcoin chart, the trend appears to be bullish. As long as the price does not break the prior low, I will consider Bitcoin to be bullish; however, if the price does break the previous low, I will consider Bitcoin to be bearish. Sometimes terrible news arrives in the market merely for market makers to buy at a deep discount before it rises, in other words, manipulation. So, before you panic because you got terrible news, look at the chart first before assuming that the price drop is accurate. In trading, both fundamental and technical analysis are useful.
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?
Everyone is free to have an opinion and associate the price of Bitcoin with other goods. But, one thing you should to know if bitcoin is always be like this in whatever the situation. So, you should be relaxed and don't panic because it will make things worse. Bitcoin is currently not fine because it's in recovery from a spam NFT blockchain attack, and has been stepping recovery that making fee going to be normal. It's good now, I see many transactions from the exchange to the wallet. So I think, bitcoin is getting closer rise. What do you think?
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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.
The market has been up by 86% already at it's peak, and currently it's up by 64%. Do you know what you're saying OP??We are only at the 5th month of the year, and we know that anytime soon, Bitcoin can go up even more. If you will say that the reason why it will not rise this year is the Ordinals, or BRC-20 hype, it might affected it's price negatively, but I believe that when the hype is over, Bitcoin will start to rise up again soon. It already reached the $30,000 price a few months ago, and it will happen again.
I will ask you OP. When do you think will Bitcoin rise then if it will not be this year? Another one is, for you what is the definition of "rise" because I believe that it happened already since we've seen Bitcoin up 64% already year-to-date. I think that the reason why you created a thread like this is because you are one of the investors who are panicking on what's happening on Bitcoin right now.
I still think its not really that much of a big difference and change. I know that it is not going to actually be anything incredibly dangerous or anything to invest, and I think it will be as light as it gets for most people to just keep it holding. If it dropped that would be bad, and there could be some people who would avoid that, but since its normal and not really changing all that much, even when it doesn't go up, that's really fine and not a big deal. I believe that the best thing we could do about the current situation is to just keep holding, maybe it won't go up, I think it may but even if it doesn't that means you just have to hold it a little while longer and that really doesn't mean much, that's fine.
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?
Your claim that bitcoin won't rise anytime soon is, in my opinion, complete crap. The price of bitcoin has been rising as quickly as it can since the start of this year. Due to its nature, you shouldn't expect a sudden price increase; instead, you should expect a fluctuation of price (up and down) till the bull season. 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?
In case you've forgotten, Bitcoin's price is unpredictable and subject to change at any time. Within a day, it may offer a wider range of costs than you could have anticipated. Don't undervalue it by assuming that it won't increase this year.
people have high expectations owed to the fact that most of them are here for high profits. hence, they are expecting sudden increase in price. this is why a lot of people are getting disappointed in this market because they thought this is their way to get tons of profits at a very short period of time.
well, they now understand that in this market, there's more than meets the eyes.
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?
Your claim that bitcoin won't rise anytime soon is, in my opinion, complete crap. The price of bitcoin has been rising as quickly as it can since the start of this year. Due to its nature, you shouldn't expect a sudden price increase; instead, you should expect a fluctuation of price (up and down) till the bull season. 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?
In case you've forgotten, Bitcoin's price is unpredictable and subject to change at any time. Within a day, it may offer a wider range of costs than you could have anticipated. Don't undervalue it by assuming that it won't increase this year.
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?
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?
The answer is that we are in the bear market, simply as that. Look at last year, the lowest low is $15,500. And if I'm not mistaken, we have double that up this year when we peak at $31k last month.
So to say that it is not rising is very wrong. Maybe the idea of you that bitcoin is going parabolic is also not right in the beginning. There are not assets that can do that, not even BTC.
And we are not yet in the bitcoin block halving, that catalyst of the bull run, it will happen next year. So it's better for you to wait or accumulate bitcoin.
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.
Remember, we are expecting a halving next year in 2024, and while I am not sure how the price rose prior to the last halving, I am confident that the Bitcoin price will soon begin to rise once the issue of mempool congestion and high transaction fees is resolved.
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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.
Quote
What do you think?
We must be patient and trust the Bitcoin process because it provides us with financial freedom.The Bitcoin market will soon rise.
Regardless of the current condition, whether it goes up or down, for now, to be honest, I'm not too concerned about this.
As for when they go up, then indeed it will be very good for the portfolio that I have now, but when talking about other possibilities they will come back down then I will also feel that it will be very good too because I can come back in the continuation of the DCA that I am doing and the possibility this will also add fattening weight to my assets.
All conditions can still occur now. but apart from that, I'm still pretty sure the conditions I'm currently in are correct so with this I don't really care about the current conditions because my target is still for the next few years.
As for when they go up, then indeed it will be very good for the portfolio that I have now, but when talking about other possibilities they will come back down then I will also feel that it will be very good too because I can come back in the continuation of the DCA that I am doing and the possibility this will also add fattening weight to my assets.
All conditions can still occur now. but apart from that, I'm still pretty sure the conditions I'm currently in are correct so with this I don't really care about the current conditions because my target is still for the next few years.
You can not just conclude it saying the price will not rise this year, you can't predict the price in the market, because the price always decreasing and increasing do you remember the price was $15k, move to the price reach $30k before the price went back to $29k-$27, and dropped to $26k now so don't predict that the price is not going to rise, We need to recognize that the lowest that it has hit earlier this year was $16k. And the last was $15k, after that he start to talk some bull steps to $29, stand for $29k for some weeks before he reach $30k. And later dropped to $29k, from $29k to $27k, moving from $29k to$27k for weeks, and now it's $26k, even this $26 is not bad.
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?
We can't confidently say that the price of Bitcoin is going to go down since we don't know the next move the market will be taking. If we say that the price of Bitcoin is going to fall and finally the market goes up then we may be making a big mistake. Looking at the current increase in transaction fee, it shows that they are large amount of transactions that are being taking place in the market and we need to know what we are doing so that we are not going to miss out from the bull market that is coming to us in due time. 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?
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?
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?
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?
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 do you think?
Bitcoin is up 30% from its lows, so tell me again how t is not rising. I feel like you are watching the charts, but have them set to 5m and see only the last couple weeks.
Let me ask you 2 questions:
1. What are you looking at when comparing commodities and bitcoin? Gold had its lows in November, pretty much like bitcoin, then rose in January, but went through a correction in February and kept rising in March-May. It's the same exact situation as bitcoin! Gold is now higher than it was in February and so is bitcoin. Don't expect it to go hand in hand all the time. Bitcoin can correct 5% while gold corrects 2% but it's still in an uptrend. Both of them are.
2. Are you worried by bitcoin correcting 10%? If you are then you've invested too much. I hold a decent amount of BTC and I'm not scared at all.
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?
Well, you may be right, and you know what? it's the beauty of BTC that anyone (not you) tries to predict the BTC price and BTC has the potential to shock you (sorry them). (i hope you got my point). So the point is, no wonder, much bad news came this year plus the fees increment due to BRC-20 tokens (ordinals), pressure from USA banks, and SEC's charges, Despite all of this news, BTC still rising, and it will go for another ATH in 2024 but you are mainly concerned about this year.What do you think?
So, maybe, we could face some bad news and some good news about market and the market will provide us entries to get benefit from the halving. If your main concerns are to get 2x to 5x in this year from BTC then it's not possible but if you want to make money in small portions like by doing swing or day trading then these 6 months will provide great opportunities.
Plus, you should provide proof or at least a source to verify your statements.
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