Topic: What did you think will happen to Bitcoin before January? - page 6. (Read 1288 times)
I think you can see historical data on BTC price movements for December, whether one or two years ago, on cmc. The habit in December is that it is high, but will BTC's ATH continue to break through or will it still be below it? You must continue to monitor and buy BTC so that you don't miss out if the bull comes at any time, Bitcoin will definitely reach that in the trading market.
- Accumulating Bitcoin doesnt matter on what the price is.
- Accumulating some old altcoins that had dropped their price
- Accumulating some potential gems for this upcoming BR.
I will continue to accumulate bitcoin regardless of the price because my selling target is much higher than the current price and I don't want to waste time as the halving event approaches. I still invest in altcoins a bit but I think this is still not the right time to buy altcoins, bitcoin should still be the priority at this stage. I believe bitcoin will not dump and make a new bottom but altcoins will most likely have more lows if bitcoin falls below $30k.
Even I believe in the method of investing in Bitcoin throughout the year, It's one of task in my bucket list because if we are not a fulltime trader and wants to invest we will not be sure if it's the right time to invest or not and there are always chances that our funds may get struck if we invested during peak and prices crashes down and vice versa wherein we might not invest assuming it's peak but price will start increasing to a level that we wouldn't want to take risk. But if we make small investment every month then we will be in a much better position to sell bull the bullrun and we would have accumulated enough bitcoin to gain a decent profit.
Altcoins I have had bad experience when it comes to long term hence I have stopped investing into altcoins at the moment wherein ETH being an exception.
We've seen its always been that unpredictable and for sure that with the current movement that we do have now in BItcoin, for sure no one had been anticipated or predicted that we would be able to break that 35k ceiling and now we are playing on 37 and heading right to 40k to touch up that area on which its never been that a bad idea to make out some positioning if you are a short term trade but for those people
who are intending to have that long term approach then they wont really be putting up much care in talks about positioning yet every entry wont really mattering about the price.
This is why if you do see that in January we would really be on higher prices then its not bad to make some entry as of this moment but if you are waiting for some big dip then
it would really be just basically would be depending on your choice since not all would really be that too confident on having such approach.
I get what you are trying to point out. This is what the whale does. They gain more confidence in the market and the price reverses a little when people try to make an entry. This is a well set trap for investors who don't look at the historical chart. Historical data shows one last major correction before the halving and this bull trap is designed for those events. I am not sure what bad could happen by that time that the market will make a big correction like this. I am not sure about other but the only thing I want to say is that I am also expecting a major correction before the final rally.
We must review the analysis data from each halving period on historical charts, the price movement pattern may be different but after the highest price is reached there will be a major correction which is predicted to see prices fall low like the data on each historical chart several years ago. They are taking advantage of the halving momentum next year to push up market prices, but we must be careful of the impact of a large correction that could occur at any time if many whales have taken their profits. But we have to review the market from various aspects and if the market pushes on the recovery ATH then we better be patient to not be affected by a small correction, chances are the market price will be higher to reach the next ATH. With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
I get what you are trying to point out. This is what the whale does. They gain more confidence in the market and the price reverses a little when people try to make an entry. This is a well set trap for investors who don't look at the historical chart. Historical data shows one last major correction before the halving and this bull trap is designed for those events. I am not sure what bad could happen by that time that the market will make a big correction like this. I am not sure about other but the only thing I want to say is that I am also expecting a major correction before the final rally.
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It could be that the predicted price achievement of $40K will occur this year because everyone has also seen how far the distance between $37K and $40K is. I also think that such a large figure is still quite possible this year considering that there is still more than a month for Bitcoin to reach and exceed it. Although some people haven't called this a bullrun trip.Bullish has started since the price of bitcoin fell to $15,500 last year. If you do analysis for the 1 Week TF, then you will definitely agree with me that bullishness has been going on all this year. Price corrections are part of trading, but they have not changed the trend from bullish to bearish so far. Bitcoin has risen over 100% from its last ATL last year, so I can assume that the market has been bullish so far.
Until the 2024 halving, I hope this bullish trend does not change. Prices will still be expected to trend the same and I hope the bitcoin ETF and some other big news can support this optimism. All of us are waiting for the news which is said to be decided by the SEC soon, but there has been no confirmation when they will approve or reject it.
As price is up as compared to previous months so surely it will goes more higher than present worth because Bull run is on the way. January month will be a good month in which there is a hope that the price will go above 40k$ as these months are preparation months for halving. More people are buying bitcoin therefore when bitcoin buyers are more then more will be its worth.
It could be that the predicted price achievement of $40K will occur this year because everyone has also seen how far the distance between $37K and $40K is. I also think that such a large figure is still quite possible this year considering that there is still more than a month for Bitcoin to reach and exceed it. Although some people haven't called this a bullrun trip.Quote
Bitcoin was down for certain period of time but it does not mean that it depreciate but it was actually a way for buyer to buy more and hold until it gives profit to them. Bitcoin price is not stable yet therefore ups and downs can occurs anytime therefore during dump we should buy more to take fruitful outcomes during halving.
A small decline that occurs in the short term does not need to be seen as a problem, because as long as the Bitcoin price range is still in the $37K area, I don't think it needs to be called a decline even though it might be very influential on traders who still like to take profits to short term in small price increases. I see Bitcoin prices starting to get better this month even though it is still ten days from the start of November. 
With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
Giving us your views and why you said those may be help your post more likely to challenge our views And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
because I think you are just predicting here or copying what majority has already said that mostly before Year ends there is a bear
happening for how many year now. and also at least give us some link to where do you read those and share your perceptions.
As price is up as compared to previous months so surely it will goes more higher than present worth because Bull run is on the way. January month will be a good month in which there is a hope that the price will go above 40k$ as these months are preparation months for halving. More people are buying bitcoin therefore when bitcoin buyers are more then more will be its worth.
Bitcoin was down for certain period of time but it does not mean that it depreciate but it was actually a way for buyer to buy more and hold until it gives profit to them. Bitcoin price is not stable yet therefore ups and downs can occurs anytime therefore during dump we should buy more to take fruitful outcomes during halving.
Mate .40k is the target before the year ends nowBitcoin was down for certain period of time but it does not mean that it depreciate but it was actually a way for buyer to buy more and hold until it gives profit to them. Bitcoin price is not stable yet therefore ups and downs can occurs anytime therefore during dump we should buy more to take fruitful outcomes during halving.
which means there might be a lowering in January , and that is why OP is asking now and giving His own views in this matter.
As price is up as compared to previous months so surely it will goes more higher than present worth because Bull run is on the way. January month will be a good month in which there is a hope that the price will go above 40k$ as these months are preparation months for halving. More people are buying bitcoin therefore when bitcoin buyers are more then more will be its worth.
Bitcoin was down for certain period of time but it does not mean that it depreciate but it was actually a way for buyer to buy more and hold until it gives profit to them. Bitcoin price is not stable yet therefore ups and downs can occurs anytime therefore during dump we should buy more to take fruitful outcomes during halving.
Bitcoin was down for certain period of time but it does not mean that it depreciate but it was actually a way for buyer to buy more and hold until it gives profit to them. Bitcoin price is not stable yet therefore ups and downs can occurs anytime therefore during dump we should buy more to take fruitful outcomes during halving.
Currently we are experiencing market recovery which most of us always calls bullrun and of course we are in bull because those who invested when Bitcoin was around 25k has also gain about 10 to 20 percent increase to their investment. Then back to your question, I can say the market is so unpredictable because we can never tell what January could give birth to in terms of price changes rather we are always optimistic that something positive will likely happened, we know by next year we are about to experience another halving this impression has only given the market a strong information whereby people are being stirred up to start holding which is possibly giving the market a positive movement that has given bitcoin a push to the current price of 37k plus.
I used to say that since 2015 when we were in that long bear market that bitcoin is going up 100%. That's what we know. What we don't know is time.
It can go up next month or in 6 months but it's going up, that's all you should know when trying to decide if you should buy now or wait.
It's a very simple thing with bitcoin and so many people still don't get it more than 5 years since we were saying it in threads like this one.
To be honest, I have low expectations to get more of a surprise from bitcoin. We'll probably struggle below 40k, but maybe a fat finger will buy some bitcoin and take us there before the end of the year. Anyway, next year we're going to 40k without ETF approval and to a new ATH with it.
It can go up next month or in 6 months but it's going up, that's all you should know when trying to decide if you should buy now or wait.
It's a very simple thing with bitcoin and so many people still don't get it more than 5 years since we were saying it in threads like this one.
To be honest, I have low expectations to get more of a surprise from bitcoin. We'll probably struggle below 40k, but maybe a fat finger will buy some bitcoin and take us there before the end of the year. Anyway, next year we're going to 40k without ETF approval and to a new ATH with it.
- Accumulating Bitcoin doesnt matter on what the price is.
- Accumulating some old altcoins that had dropped their price
- Accumulating some potential gems for this upcoming BR.
I will continue to accumulate bitcoin regardless of the price because my selling target is much higher than the current price and I don't want to waste time as the halving event approaches. I still invest in altcoins a bit but I think this is still not the right time to buy altcoins, bitcoin should still be the priority at this stage. I believe bitcoin will not dump and make a new bottom but altcoins will most likely have more lows if bitcoin falls below $30k.
Even I believe in the method of investing in Bitcoin throughout the year, It's one of task in my bucket list because if we are not a fulltime trader and wants to invest we will not be sure if it's the right time to invest or not and there are always chances that our funds may get struck if we invested during peak and prices crashes down and vice versa wherein we might not invest assuming it's peak but price will start increasing to a level that we wouldn't want to take risk. But if we make small investment every month then we will be in a much better position to sell bull the bullrun and we would have accumulated enough bitcoin to gain a decent profit.
Altcoins I have had bad experience when it comes to long term hence I have stopped investing into altcoins at the moment wherein ETH being an exception.
With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
No one can make any specific predictions as to what may happen in the coming year regarding Bitcoin growth or decline prospects, no one can know for sure. At the moment it is not possible to say anything about Bitcoin price correction as it depends on the global market and economic situation. Bitcoin is a virtual value or cryptocurrency, which is not constitutionally controlled by any one person or institution. For this reason, Bitcoin price changes are often based on generational estimates of value, which can change daily or hourly. There is currently no specific price change date, but financial market conditions and social events may cause price changes. As far as I am concerned, the Bitcoin market will continue to be $30k to $36k up and down in early 2024 and after the April halving, the Bitcoin market may be bulling.And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
I think it would not make sense to listen to others on this neither, it would not be really anything that could make any changes on the long run and could be wrong one way or another.
Don't use language that is difficult to understand and you don't even know how to place the word "inflation" in Bitcoin, even though Bitcoin is a Digital Asset that is more inflation-resistant than Traditional Currency. What you mean is that maybe Bitcoin will experience a decline before January and this is of course normal. Correction will occur when the market is sufficiently saturated and overbough, signs of correction will be visible and will occur soon, this is a fairly healthy market. only need to make a buyback when a correction occurs.
The word inflation means an increase in the price of something, and depreciate means the falling of the value of something. OP used both these words only to try and convey the message that Bitcoin is going to become more expensive before January and it won't lose value. However, the terms he used are usually used in economics and aren't suitable for this instance. He could say that the price of Bitcoin will increase, or Bitcoin will become more expensive, etc.Anyways, Bitcoin is showing a strong stance at its current position. I was expecting that it might fall back to at least $30k in a few days after it touched $35.8k but I was wrong it has been stable above $33k since then and I'm starting to feel that the resistance at $35k won't be able to hold it for very long.
- Accumulating Bitcoin doesnt matter on what the price is.
- Accumulating some old altcoins that had dropped their price
- Accumulating some potential gems for this upcoming BR.
I will continue to accumulate bitcoin regardless of the price because my selling target is much higher than the current price and I don't want to waste time as the halving event approaches. I still invest in altcoins a bit but I think this is still not the right time to buy altcoins, bitcoin should still be the priority at this stage. I believe bitcoin will not dump and make a new bottom but altcoins will most likely have more lows if bitcoin falls below $30k.
A prediction based on pure speculation ? Well , in this case ,I could see Bitcoin being stable in January around the same price that is right now. I'm sure a lot of us are hoping Bitcoin will be over 40k by January but I do find that target very hard to achieve but the end of January , should pump up the price towards 40k.
Charts are telling a different story and so far we can see accumulation phase but also a strong consolidation on around 38-39k that kinda makes the Bitcoin next move very unpredictable.
Charts are telling a different story and so far we can see accumulation phase but also a strong consolidation on around 38-39k that kinda makes the Bitcoin next move very unpredictable.
No one can make any specific predictions as to what may happen in the coming year regarding Bitcoin growth or decline prospects, no one can know for sure. At the moment it is not possible to say anything about Bitcoin price correction as it depends on the global market and economic situation. Bitcoin is a virtual value or cryptocurrency, which is not constitutionally controlled by any one person or institution. For this reason, Bitcoin price changes are often based on generational estimates of value, which can change daily or hourly. There is currently no specific price change date, but financial market conditions and social events may cause price changes. As far as I am concerned, the Bitcoin market will continue to be $30k to $36k up and down in early 2024 and after the April halving, the Bitcoin market may be bulling.
Indeed, we cannot predict tomorrow's bitcoin price, so making predictions for the next month or beyond is meaningless. If someone makes a prediction it is just what they want, a random prediction and they have no basis for their prediction. I see no need to make such predictions. Instead, I'll wonder how many bitcoins we'll have in our pockets come January. What does it mean to increase the price of bitcoin if we don't have much bitcoin in our wallet?There are predictors who mean it but some are only doing it for fun. If you hate it, just ignore them. But, you know what? Maybe they also hate people like you lol, so expect that they can also do the same action.
Quote from: sotelorene
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
There will be massive bull run from the month of January that will make the price of BTC to break into $50k to ensure investors that $100k is possible for people to see in the market before the end of 2024. I believe you saw the new display BTC price displayed yesterday to reach $35k again show that a lot of things will happen next year that will make those that invested in BTC to get prepare to achieve their goal from this business.I think otherwise, it is not yet time for the Bitcoin market to full transition to bull run. I believe there is some Bitcoin price crash because whales will try to cash out and accumulate more before the halving happens. The belief simply means that Bitcoin will not be having its bull run before the Bitcoin halving event.
Based on the sign the market is showing in this season show, that bear season is going gradually in the market which it will surely disappear before the end of this month for the bull run to continue till 2025 to allow both short hodlers and long hodlers to take a good profits from their business.
Bitcoin is highly volatile. What it is showing today may not be showing tomorrow or worse would take an opposite trend. We have seen this kind of scenario so many times, manipulators laying market bull traps to earn more money or accumulate more Bitcoin. But I agree with you regardless of any trend, in Bitcoin holding is the best strategy to make a good profit.
With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
I never think of it in the first place because when I chose to invest in bitcoin, its always a long term investment goal. Regardless if there are positive events that could make the bitcoin price to skyrocket, it's good but I'm not into it thinking that much. However, if the bitcoin ETF will soon to be approve by January, for me that's big contribution on my bitcoin investment but to be honest, what I'm actually after is the positive outcome that is due to happen after bitcoin halving. The reason why I continue to DCA on bitcoin and maximize my bitcoin portfolio as much as possible. And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
No one can make any specific predictions as to what may happen in the coming year regarding Bitcoin growth or decline prospects, no one can know for sure. At the moment it is not possible to say anything about Bitcoin price correction as it depends on the global market and economic situation. Bitcoin is a virtual value or cryptocurrency, which is not constitutionally controlled by any one person or institution. For this reason, Bitcoin price changes are often based on generational estimates of value, which can change daily or hourly. There is currently no specific price change date, but financial market conditions and social events may cause price changes. As far as I am concerned, the Bitcoin market will continue to be $30k to $36k up and down in early 2024 and after the April halving, the Bitcoin market may be bulling.And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
Indeed, we cannot predict tomorrow's bitcoin price, so making predictions for the next month or beyond is meaningless. If someone makes a prediction it is just what they want, a random prediction and they have no basis for their prediction. I see no need to make such predictions. Instead, I'll wonder how many bitcoins we'll have in our pockets come January. What does it mean to increase the price of bitcoin if we don't have much bitcoin in our wallet?
Yes, we could really be having those indicators and tools but its not something to be that precise most of the time but it is really something better compared when you are really just making some blind
positioning in towards your trading positions on which it would really be that causing for your losing chance to increase more. Now that we are really that fast approaching with halving then it would really be just that so common that we are assuming that bull run would take place. So what are the things that you would gonna do?
- Accumulating Bitcoin doesnt matter on what the price is.
- Accumulating some old altcoins that had dropped their price
- Accumulating some potential gems for this upcoming BR.
Since we do talk about Bitcoin and in month of January then its really hard to tell as always. We dont know the future
and we would never be and this is why every actions be taken would always random and so as with the results.
Don't use language that is difficult to understand and you don't even know how to place the word "inflation" in Bitcoin, even though Bitcoin is a Digital Asset that is more inflation-resistant than Traditional Currency. What you mean is that maybe Bitcoin will experience a decline before January and this is of course normal. Correction will occur when the market is sufficiently saturated and overbough, signs of correction will be visible and will occur soon, this is a fairly healthy market. only need to make a buyback when a correction occurs.
Maybe that's what the OP means by inflation is the price drop before January, but that's not exactly saying inflation against bitcoin.Maybe corrections will always happen whether this will return to the original price where bitcoin experienced a long sideways or instead bitcoin moved up before January then this is the normal behavior that occurs in the crypto market, even if the correction later then buyback is a good way to wait a while before it happens, but I think the correction will not be so deep it will only stay above $30K.
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