Topic: What did you think will happen to Bitcoin before January? - page 5. (Read 1288 times)

When you have spare money for life or to face unexpected things in your own life, actually that is good enough because there is no longer any interference from you to implement the BTC HODL pattern. Because usually those who experience problems like that very often are people who don't have spare money in their lives so when there are difficulties, they often take it from the investment capital that has been provided for Bitcoin. So you shouldn't experience any pressure in life if you have prepared everything well to face unexpected things in your life.

the possibility of going up above 40k is high, however, it still depends on various factors. hopefully, there will be no last minute big crypto company failing or suddenly submitting their bankruptcy. or similar ftx drama. if all goes well, we will be heading to more than 40k coming this january. if that will happen and you have such strong feeling about it, why not collect more to add in your vault? but at the end of the day, it will be you who will call the shots as it is your money at stake.

That True. BTC can easily do it all. However, the main problem is that we are often pressed by unexpected needs even though we have prepared well. Did you know that every month there are things that are unexpected and beyond our wishes, even though there is spare money to cover these needs, these needs are very urgent and important, right? we have to get out of the market. On average, this is the obstacle why many people are not optimal in implementing the BTC HODL pattern.

Currently everything can still be done and there is still preparation time before 2024 arrives and someone must know what will happen even though nothing is certain in the world of digital currency trading. Many people say that. So I naturally started reading the market and looking for ways to buy it by looking at the depth of new bitcoins and immediately putting in our entries.

You simply do not know much about trading and investment and I can easily tell with your construction of this question and the body. Well, Bitcoin is stuck now, I don't expect much to happen between now and January as there are now determined buyers that would hold the coin till next year simply because of the much-anticipated tradition called Halving. This means that selling might be limited but just as the buying power as well. Prior to this tradition, everyone informed of Bitcoin would want to hold it, so I don't expect the market capitalization of the asset which currently stands at $727B would go below $680B till January and this should continue to keep the market far above $29,000 as I don't expect it to breach that level anymore this year.

Also on the upside, Bitcoin might not be able to breach another much-anticipated level of $40,000 this year and even till January. There are many resistance/barriers waiting for it along the way and the ETF which is the fueling power of Bitcoin right now has already stuck. The rest is for the market to majorly fulfil the law of demand and supply through traders' and investors' sentiments until January when the ETF saga would be rekindled.

Mind you, it's all long-term bullishness for Bitcoin and you might want to read one of my topics about it here.

I think it's given that majority of the answer says it will go down mate  and like them I also believe this is what we are heading , strong October ending and strong November Holding , but as December comes to end ? for sure like what we had the recent years a small dump will come.
maybe what he says is the coming months mate or in January when before Halving take effect , that the price will rise again and will make a good growth like what we expected in the coming months and even in the next year from that.

The current price of BTC is only $37000 and if you look at the price of last 1 month you can see that it has increased by almost 30 percent. Of course there can be a correction when the price is rising. But the market is stable between $35-37 k , we may see a price correction before next January which is not impossible. Moreover, considering the fact that Bitcoin halving will start towards the end of next year, we can also see Bitcoin in a stable position. But the market can turn at any time which is not impossible. It is also not unusual for a big dump to precede a big bull market.

As for ETFs, I personally don't think the SEC will approve any ETF proposals this year, we will most likely have to wait for that next year. Although we are staying above $35k the recent hype is due to ETF news so we also need to be careful that bitcoin could correct at any time if there is negative news about ETF.

The cheapest time to accumulate bitcoin has passed, but that does not mean that the current price is not suitable for buying. Accumulate bitcoin whenever you can, don't wait for the price to drop because we have bottomed out this bear season and that happened in 2022, IMO.

Right now the price is looking as if it can at minimum remain at the current levels without too much of a problem, now I do not know if we will get an ETF approved this year, as it seems it is a little bit late for that, but I could see it happening during 2024 or 2025.

And if such a thing happened, the market that will most likely be bullish already will explode and the price will begin to grow very rapidly, then this seems like a good moment to accumulate more bitcoin before that happens.

I think he is talking about Bitcoin, however, like like the majority of us here, this is just his wild educated guess, with no TA backup. At least if someone will predict that by January the price is going down (that's how I interpret his post with words such as depreciate), they could have some analysis of their own.

And with the way that the price is moving this month, we might see the bullish sentiments still continuing up to the ends of the year or even at the start of 2024. And if by chance his predictions happen to be true that the price is going down in January, then we should simply take advantage of it and buy more because in the next coming months we will see the catalyst for a bull run which is the block halving.

Which of the coin are you talking about because I know quite well that bitcoin have that time, because bitcoin don't depreciate in value that much, basically bitcoin price fluctuates and no coin that  survive what bitcoin do survive in cryptocurrency industry, I believe that bitcoin is a coin that have its on way of regulations and degradation, it doesn't lose value drastically like other coins that have a little potential, in January it's obvious that instead of the price of bitcoin depreciate it rather increases.

Hello op, I have read what you described and I think you should be prepared to welcome one of the interesting achievements in your portfolio's cash flow. Over the last few months we have seen Bitcoin prices below $30k and that is a pretty good moment to buy. In November, the price of Bitcoin was trading at $36k, which will confirm to us that by the end of this year the price of Bitcoin will touch $40k. And a bitcoin ETF would be a big boost to the rise in bitcoin prices early next year.

Apart from that, the big factor that makes one of the big events that will occur at the beginning of the year is the Halving. I think those who bought when prices were cheap in the previous few months have made quite good profits with the current increase.

January for me with bitcoin there is not much to do, it is a static month, whether it is in a downward trend or a bullish trend, it is something that does not matter to me, I only know that if it is cheap you have to buy, because if not it goes up in ete December well it can go up in January 2024, and that is something that will happen, when I don't know but it is happening, some are predicting that it can happen, but I don't know if things can reach this year or next year So January is another month, the results can be good or bad, it is just an effect of what can happen in this coming December, it would be great to close the year with a new ATH, to see a very exciting January.

December always shows the highest capacity of Bitcoins in a particular year. So currently Bitcoins are at 37k usd price. So definitely the price will go higher than this in December. It also indicates that, while entering January, we will see Bitcoins at a strong price point. Hence it is also seen that, 2024 will be big for Bitcoins and we might see new ATH price in 2024. So start accumulating the coins and sell when the price is high.

It has been proven for bitcoin to go above it previous ATH at every halving bull run. So this is not a challenge because it has happened and repeated right from the beginning of bitcoin creation and this is the knowledge that investors have been working on to accumulate more coins this year so that during the halving bull, they will cash out some profit. So it is a good investment to hodl btc aince it reaches new ATH every four years and that means additional profit from your buying point.

Let’s be more optimistic and be more positive about the future of Bitcoin.
We can finally say that bear market is over and its about time now for us to enjoy the up trend. $40k before the year end is actually the target, let’s see if we can make it and start a new year with the best price so make sure to fill your wallet with the good coins and enjoy the bull trend.

The possibility of reviewing market analysis at the end of the year does not match expectations for an increase in buying volume in the crypto market, previous analysis shows that the market will experience a correction due to the high coin conversion rate for holiday expenses or long holidays at the end of the year, so I hope there will not be a high correction to provide a signal of bullish market support will soon come next year, 2024 will be a year of long waiting which is expected to provide a surprise for all diamond hand holders.

It is very possible that ATH in Bitcoin will be created again if price spikes continue to occur in Bitcoin in the next year or the following year, because this year it is less likely that this could happen. Moreover, the current price of Bitcoin is still too far from the previous ATH level in Bitcoin so the hope of many people is that it can have an effect that can encourage more buyers into the market at the end of this year and next year so that greater price achievements can soon occur in Bitcoin.

next date for ETF approval will be Jan 2024. if it is still denied, i think SEC is manipulating the market through its news and the hopefuls are buying and then its denied all sells at a low price. i can imagine the crook bald man laughing up there. they'd be doing this over and over until no one believes in the approval thats when they approve it while the retail investors are bankcrupt.

BTC price may rises up again due to the near date of approval and moeny flows too. 40k is possible.

Inflation is the wrong term for it.
It will boom in January!
ETF. That's the key to it. And I have seen different analyses in both crypto and other assets and they are mostly optimistic that Bitcoin will have a blast next year when the ETF is approved.
I mean just imagine a mere fake news could do. What more if it's real? The pump stopped because of the proof that the news leaked out was not real and there was a misunderstanding that made one of their employees get fired.
I am expecting 40k as the bottom price in January and it might become difficult to go down from that.
Then, of course, there's the halving that is so popular to every Bitcoin investor. This is the time when FOMO is high and we might see another wave up that might reach the all-time high.