The price of bitcoin is not rising soon!. - page 9.

livingfree

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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?

That's okay, so what if it's far from rising soon?

Didn't we see how much it was before earlier this year and the lowest that it has been? We need to recognize that the lowest that it has hit earlier this year was $16k.

And then last end of the year was $15k.

While we see it plummet from $29k down to $26k, it's still a better price from those that it has been right?

ReiMomo

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According to me it is difficult to predict the price of Bitcoin in future, but hope it will rise again. 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.

Zanab247

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I don't think, you get the current market price rightly compared to last year when the price decreased to $18k to make new traders worry about the massive bear that was happening in the market till the end of last year. If the market price can rise from $19k to $30k this year 2023 before the price decreased to $27k few hours ago, show that the price of BTC is rising which there is a hope that the price will increase higher to reach $40k before it will return back to bear again. If you have not purchase BTC, I will advice you to visit the market since the price has reduced to $27k because many researchers has predicted massive pumping of BTC this year which people has started experiencing it from the beginning of this year.

Doan9269

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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.

You can't draw a conclusion on that, remember bitcoin has gone down the dip to $15,000 before things begin to surge fine till we arrived $29,000 and finally now on $27,000, who knows what may be the aftermath to this occurrences happening about ordinals and high transaction fee, bitcoin may rise or fall more but we can't be accurate with this prediction as to when it may occur, not even now that we are getting closer the the next halvig which will unleashed another bullrun that we all expects, it's better to always remain being speculative in studying the trends on the moves with bitcoin price than concluding yet because anything ca happen anytime soon.

Lorence.xD

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If you could check the record of BTC this year you could see the increases of it's value. Of course it's normal for it's price to go up and down due to it's volatility but we could say it's still rising unlike to it's current price before reaching the half of this month. Maybe in the next few months we could see some improvement to it's price. But if there's any issues about BTC i think the transactions fees that take too long due to many users which is still common that could affect people's decision to hodl their BTC.

Ucy

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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?

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?

Godlovesyou

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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.

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?

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