Today the market dump is again more than 8%, on some exchanges the price of bitcoin is selling at $ 25800, I checked on coinmarketcap it is still $ 26080, and the coinbase that I use is priced at $ 25975, will this storm continue because there are currently too many FUDs making many people panic and sell bitcoin, hopefully the whales are buying again so it helps the price not fall below $20k.
The dump that we are witnessing is not a big deal, yes the price went down but this does not change at all the strength of bitcoin or its long term potential, so instead of being worried about it people should look at this dump as an opportunity to buy bitcoin for a cheap price and as the opportunity to make some easy short term profits as well, after all if you can buy at 26k then it will be incredibly easy to make some short term profits once the price goes back to its previous baseline. 
Topic: The time has finally come...??? - page 4. (Read 1187 times)
Today the market dump is again more than 8%, on some exchanges the price of bitcoin is selling at $ 25800, I checked on coinmarketcap it is still $ 26080, and the coinbase that I use is priced at $ 25975, will this storm continue because there are currently too many FUDs making many people panic and sell bitcoin, hopefully the whales are buying again so it helps the price not fall below $20k.
Why would whales buy back when they can get more benefits if the price falls more? Whales want investors to panic and sell so that they can buy as low as possible, so they would let retail investors buy and sell with each other and make the market drop and then they will buy all the coins when it reaches the bottom, that is how they play, or they can even start buying at this price until it drops further because they tend to not let such opportunities go wasted.The price did drop quite quickly but the drop isn't so big right now, retail investors will definitely make the dip go lower from here if they start panic selling on a large scale. I expected a price drop but I don't want it to go too deep like around $20k or something.
Today the market dump is again more than 8%, on some exchanges the price of bitcoin is selling at $ 25800, I checked on coinmarketcap it is still $ 26080, and the coinbase that I use is priced at $ 25975, will this storm continue because there are currently too many FUDs making many people panic and sell bitcoin, hopefully the whales are buying again so it helps the price not fall below $20k.
Unless, if you believe these FUDs. However, it was not only the FUDs that creates a price correction, it really happens when the support is low causing its demand to drop and so does the price. The economic status of some countries had also given an impact on the current situation. We can't assure if it will continue to drop but if I were you, I'd rather prepare myself for that and anticipate it. But for me, I have nothing to worry about because I just hold and wait for the next bull season. Before this year ended, we still experiencing sideways movement in the market.
Today the market dump is again more than 8%, on some exchanges the price of bitcoin is selling at $ 25800, I checked on coinmarketcap it is still $ 26080, and the coinbase that I use is priced at $ 25975, will this storm continue because there are currently too many FUDs making many people panic and sell bitcoin, hopefully the whales are buying again so it helps the price not fall below $20k.
I believe it won't even reach around $90k before that happens because people will soon start expecting the market to crash and they will start selling as soon as they see a small correction in the price. Retail investors are way too sensitive to let an opportunity like that go to waste, so they will obviously start selling as soon as they see a drop and see that they are getting good profits hence they wouldn't risk losing more of that profit to the market if it crashes.
If there are no stops and drops at all, which I don't think would be the case, it might manage to go over $90k, and might even hit $100k but the chances of the market crashing before that are higher than it hitting six digits, however, it is all predictions and speculations and we might be wrong about it all.
If there are no stops and drops at all, which I don't think would be the case, it might manage to go over $90k, and might even hit $100k but the chances of the market crashing before that are higher than it hitting six digits, however, it is all predictions and speculations and we might be wrong about it all.
Could be true but it all depends on the mood of the masses at that time. Right now, when the Bitcoin is quite low (compared to its ath) we may have realistic expectations, or even be a bit pessimistic, but when Bitcoin starts doing +10% in a day, the appetite for profit and expectations will increase.
Another thing to consider, when spot ETFs get approved, impact of retail investors could shrink in favour of the institutional ones.
A prediction can be made by anyone based on research conducted and experiences that have occurred in the past, but who can make predictions with 100% accuracy, it is clear that this does not exist until now. You can just make your own version of predictions, as well as me. I never care about predictions that anyone makes, almost all predictions that are made always have the same goal but only the numbers are different. I am not too guided by predictions, my belief is that the movement of Bitcoin will reach better numbers than what is being traded at this time, I will collect little by little to get a share when the ship is anchored.
And it will be forever impossible to make accurate predictions that are 100% correct, the markets are composed of millions of people, each one with their own thoughts about where the price should be, the current price is nothing more but the agreement that has been reached about what the value of something could be, however if the circumstances change abruptly then the perceived value of something can change tremendously as well, and while it is interesting to think about the future price of bitcoin, at the same time it is not necessary in order to make profits with it.The predictions for Bitcoin price will never end. Because while the market somehow finds its direction, people watching it will continue to talk about where the price will go. We are talking too. What we are sure of is that we agree that the price of Bitcoin will rise.
In the long run, Bitcoin price has always increased. I think the next ATH will be a very high price. Because Bitcoin attracts more investors after each ATH period. This allows us to reach a higher price.
$100k in May is also a wild prediction TBH. Though some people are speculating that kind of range in the post-halving. But most of them are expecting a bullrun that could at least break the previous ATH.
There's nothing special or wild about the $100k mark. If you think about it, it's not very far away from the previous ATH of $68k and considering high inflation rates since then, it's definitely achievable.The major thing preventing crossing the $100k barrier would probably be the psychological factor. People like round numbers and many will consider $100k as a target for the next bull run, but they also know that loads of other investors will have the same target, so they'll set their sell orders below the $100k mark. So we might see a massive sell out at around $90k that could derail the bull run.
If there are no stops and drops at all, which I don't think would be the case, it might manage to go over $90k, and might even hit $100k but the chances of the market crashing before that are higher than it hitting six digits, however, it is all predictions and speculations and we might be wrong about it all.
A prediction can be made by anyone based on research conducted and experiences that have occurred in the past, but who can make predictions with 100% accuracy, it is clear that this does not exist until now. You can just make your own version of predictions, as well as me. I never care about predictions that anyone makes, almost all predictions that are made always have the same goal but only the numbers are different. I am not too guided by predictions, my belief is that the movement of Bitcoin will reach better numbers than what is being traded at this time, I will collect little by little to get a share when the ship is anchored.
And it will be forever impossible to make accurate predictions that are 100% correct, the markets are composed of millions of people, each one with their own thoughts about where the price should be, the current price is nothing more but the agreement that has been reached about what the value of something could be, however if the circumstances change abruptly then the perceived value of something can change tremendously as well, and while it is interesting to think about the future price of bitcoin, at the same time it is not necessary in order to make profits with it. Please, read before replying, I don't need comments that are off point lol.
The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).
Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
Everyone has the right to speculate about anything and at any price, which is certainly just speculation without clarity, it's true that we can see several indicators to convince ourselves of the accuracy of speculation, but remember nothing is certain about the price of Bitcoin.The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).
Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
What events happened recently? doesn't the price of Bitcoin throughout this year tend to be stable at prices that are always close to 30k.
stop dreaming that you will see a bull in the near future.
Usually Bitcoin trends often repeat and in my opinion this can be seen if the price is difficult to pass $ 30k, autumn usually many people need cash so the best thing is to sell Bitcoin, besides the Halving Day effect that will occur in the early 2024 hopefully can give encouragement strong so that prices skyrocketed again.
Making a reliable prediction about the future price of bitcoin is no easy task. Bitcoin price predictions vary widely, with some predicting it will reach highs while others believe it will stay close to current levels or even decline slightly. An important point here is that bitcoin does not make its all time highs every time because then bitcoin goes into a bear market or a cold market. Then years later the market cooled down and when the halving came around the bitcoin market started to go up and down but hopefully something will happen by 2024.
It is quite possible that in the fall we will see the bitcoin price fall to 20000-23000, so it may be worth waiting to buy bitcoin until the fall. And in the spring of 2024, we may already see a global rise in bitcoin. This is an assumption based on the history of previous years
Usually Bitcoin trends often repeat and in my opinion this can be seen if the price is difficult to pass $ 30k, autumn usually many people need cash so the best thing is to sell Bitcoin, besides the Halving Day effect that will occur in the early 2024 hopefully can give encouragement strong so that prices skyrocketed again.
I think Bitcoin will perform very well in the next bull run. Since the market has been in a bear market for many years, reaching a bull market will definitely double the value of Bitcoin. But there is no way to say exactly how much Bitcoin will actually increase in price. I have already seen Bitcoin price move slightly from 16k to 30k$ last year, so we can expect Bitcoin to perform well. The next bull market will definitely be when the price of Bitcoin rises above $50k.We won't have to wait much longer for a bull market.
BTC was 69k in Nov 2021 top price
BTC was 16 k in Jan 2023 close to the low
It is now 29 k in Aug 2023
$100k in May is also a wild prediction TBH. Though some people are speculating that kind of range in the post-halving. But most of them are expecting a bullrun that could at least break the previous ATH.
There's nothing special or wild about the $100k mark. If you think about it, it's not very far away from the previous ATH of $68k and considering high inflation rates since then, it's definitely achievable.
The major thing preventing crossing the $100k barrier would probably be the psychological factor. People like round numbers and many will consider $100k as a target for the next bull run, but they also know that loads of other investors will have the same target, so they'll set their sell orders below the $100k mark. So we might see a massive sell out at around $90k that could derail the bull run.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
$100k in May is also a wild prediction TBH. Though some people are speculating that kind of range in the post-halving. But most of them are expecting a bullrun that could at least break the previous ATH. Maybe around $70k - $90k or closer to the 6 digit figure, but then again, nobody really knows how would bitcoin react pre-halving and post-halving, one thing is for sure though, it could bring positive effect in general on cryptocurrency. Majority of top alts in the market would follow suit bitcoin.
Just a piece of advise, if you're aiming to cash out at $100k, you should never put all your hopes next year for bitcoin to achieve that figure, you should allow it at least in the next 5 years. It would be safer that way, just make sure you are financially stable, so you wont have to withdraw some of your accumulated bitcoin in case of any emergency that needs immediate funds.
I think Bitcoin will perform very well in the next bull run. Since the market has been in a bear market for many years, reaching a bull market will definitely double the value of Bitcoin.
Doubling the value from the current levels would mean BTC would only get to $60k, which would be a great disappointment. The absolute minimum for a bull run to be considered successful is to go above the previous ATH (~$68k). But if we want to factor in high inflation, it will have to go significantly above that. If it fails to do that, Bitcoin's reputation as a store of value would get tarnished, and the "hodl" would no longer be considered a good strategy.
It is quite possible that in the fall we will see the bitcoin price fall to 20000-23000, so it may be worth waiting to buy bitcoin until the fall. And in the spring of 2024, we may already see a global rise in bitcoin. This is an assumption based on the history of previous years
Assuming that according to past history is not wrong, but will it definitely repeat itself like previous history? Because the market conditions in autumn and spring are always different every year, so it would not be too precise if we had to assume that this year's autumn and spring would be the same as the previous seasons. I'm still more confident in the upside than the fall in this year even though in this year Bitcoin still never got close to $35K in the market.Usually Bitcoin trends often repeat and in my opinion this can be seen if the price is difficult to pass $ 30k, autumn usually many people need cash so the best thing is to sell Bitcoin, besides the Halving Day effect that will occur in the early 2024 hopefully can give encouragement strong so that prices skyrocketed again.
What if asusm is wrong? I think those who are selling Bitcoin now will feel sorry when they see an increase because they must be hoping that a decrease can occur after selling so they can buy back at the low price before the halving day begins. Because I don't think it would be wrong if everyone doesn't sell their Bitcoin now if they are waiting for an increase in the halving day or the next bullrun in the market, so keeping Bitcoin at this time is still the best option if we believe there will be a global price increase in Bitcoin in Next year. 
I think Bitcoin will perform very well in the next bull run. Since the market has been in a bear market for many years, reaching a bull market will definitely double the value of Bitcoin. But there is no way to say exactly how much Bitcoin will actually increase in price. I have already seen Bitcoin price move slightly from 16k to 30k$ last year, so we can expect Bitcoin to perform well. The next bull market will definitely be when the price of Bitcoin rises above $50k.We won't have to wait much longer for a bull market.
BTC was 69k in Nov 2021 top price
BTC was 16 k in Jan 2023 close to the low
It is now 29 k in Aug 2023
I think Bitcoin will perform very well in the next bull run. Since the market has been in a bear market for many years, reaching a bull market will definitely double the value of Bitcoin. But there is no way to say exactly how much Bitcoin will actually increase in price. I have already seen Bitcoin price move slightly from 16k to 30k$ last year, so we can expect Bitcoin to perform well. The next bull market will definitely be when the price of Bitcoin rises above $50k.We won't have to wait much longer for a bull market.
It is quite possible that in the fall we will see the bitcoin price fall to 20000-23000, so it may be worth waiting to buy bitcoin until the fall. And in the spring of 2024, we may already see a global rise in bitcoin. This is an assumption based on the history of previous years
Usually Bitcoin trends often repeat and in my opinion this can be seen if the price is difficult to pass $ 30k, autumn usually many people need cash so the best thing is to sell Bitcoin, besides the Halving Day effect that will occur in the early 2024 hopefully can give encouragement strong so that prices skyrocketed again.
Please, read before replying, I don't need comments that are off point lol.
The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).
Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
Even though a bull run occurs today bitcoin will not reach up to such amount of value, because they will be a negative information of bitcoin that will make the market to fall, I think in two years ago when bitcoin price reached sixty six thousand (66k) everyone taught that bitcoin price will reach to such value as expected but the price of bitcoin could not cross above sixty nine thousand before it started going down, so we can predict the future price of bitcoin but it will bounce back to value the market take it to, that is the major concerns of bitcoin market, because bitcoin price might go up now but due to information and especially negative information concerning the market go down that can affect the market. The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).
Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
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