What do you think about Bitcoin? - page 5.

lixer

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Quote from: Slow death on February 11, 2022, 07:56:14 AM

we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000

That 43k price really changed so much for all of us, I mean it is a proof that we did alright and went up and now we are not going down that easily. Doesn't mean that we couldn't go under that price ever again but it just means that we are doing fine as it is right now and it would require an extra leg work to make it happen.

This is why I believe that as long as we are doing fine, we should not be really focusing on anything else, a good strong support allows you to put your back against it and go up a lot better, it is a strong going up and not a fake hyped going up so it does really mean a lot more to me than anything else. That is why I am quite happy about it.

mia_houston

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Quote from: Slow death on February 11, 2022, 07:56:14 AM

we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000

Bitcoin has been trying to break the $45,000 price resistance recently, but bitcoin just failed to experience higher strength in the market, it's hard to say bitcoin consolidation is currently at $43,000 because I think bitcoin will find it difficult to maintain a longer uptrend line and possibly large will fall even deeper if the market turmoil returns in the near future, but according to some analysis the bitcoin support point is at $41,500, so if what they say is true of course we won't see the bitcoin price fall below $40,000 again like in last January.

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we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

The thing that makes bitcoin unique and valuable is its price volatility...

I never expected the price of Bitcoin to continue to rise because if it continues to rise then we all have no chance of making a profit. I also trade in other investment assets and only bitcoin gives me big profit due to the beautiful volatility of its price.

yohananaomi

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Quote from: fzkto on February 09, 2022, 01:58:35 AM

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

looks like it's time to wait like you said, waiting for another correction. because at this time the bitcoin trend is starting to recover and if you look at the chart this week it has reached an increase of 19.4% and is certainly very good.
whether bitcoin today will be the same as last year? maybe it will happen but maybe there will be a correction again, everything can still happen because bitcoin is currently not in a stable state.
but there has always been a desire for bitcoin to be able to provide an opportunity to reach the $100K that it didn't achieve last year.

jaberwock

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Quote from: fzkto on February 09, 2022, 01:58:35 AM

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

I understand that the OP did not say anything about buying but they just expecting too much for bitcoin however your still right, buying now can be a little costly now that bitcoin is now over 40k. People should have bought last time when the value of bitcoin was still under 40k because they can save more with that rates and would it be easier for them to profit when bitcoin moves upward even a just a little.

Market is too confusing right now so cant really agree to those who say that bitcoin could fall again but I have no doubts that bitcoin can reach a hundred thousand dollar value although it might not happen over night because the amount is not small.

Renampun

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

you don't have to think hard when time Bitcoin price will touch $100k! because surely Bitcoin will be there...

after putin said he was interested in Bitcoin then there I believe in the future there will be many more countries that make bitcoin a currency, the price of Bitcoin to $100k is still very small, Bitcoin will definitely fly to $500k or moreee.

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Quote from: Questat on February 09, 2022, 07:33:18 AM

Quote from: fzkto on February 09, 2022, 01:58:35 AM

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?

Buying the dip is probably one of the most effective strategies that exist and yet newbies do not implement it, but why? And the answer is incredibly simple, because it is counterintuitive, newbies buy when the price is going up or even at an ATH, they think that if they buy at that time the possibilities of them losing money decrease as they are going with the trend, but buying the dip is effective because those that are able to use that strategy are looking at the long term and do not care that much about the short term fluctuations in the price of bitcoin.

Wawa2013

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Quote from: Questat on February 09, 2022, 07:33:18 AM

Quote from: fzkto on February 09, 2022, 01:58:35 AM

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?

Bitcoin has been below $40k for a long time, now Bitcoin is starting to stabilize above $40k. So I think in the near future the price of Bitcoin will not
correct too deep, maybe it will take a relatively long time if we expect the price of Bitcoin to fall back below the $35k price. So we should have the courage
to decide to invest in Bitcoin right now, because if my prediction is correct the price of Bitcoin should continue to rise to reach the price of $50k
in the near future. Indeed, what I predict is not necessarily true, there is a possibility that Bitcoin will move down again. Therefore, the final decision is
in the hands of each of us, so please just take the decision that we think is right. Because Bitcoin is difficult to predict, so every decision we take is
always a risk.

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

I was really shocked when i had first seen btc on the value of 900$ ,i never judge it then and i was thinking then how could a coin price become this value .I was starting to learn from them and also tried to read the market .It continuously wondering me when pass the recent value and increasing the value day by day .I can surely say that the bct will hit 100k one day and the world will wonder for sure and we will be lucky person to enter on the market so early .However its true that we have fallen a bit on the recent past but market has started to recover soon and see the price is over 42k$ now .We are expecting that the uptrend and bullish momentum will keep continue on upcoming days .

Questat

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Quote from: fzkto on February 09, 2022, 01:58:35 AM

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?

fzkto

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I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.

bitterguy28

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Quote from: Oasisman on February 01, 2022, 05:20:28 AM

Quote from: asrinur on January 27, 2022, 07:31:32 AM

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

It is actually a sharp decline mate , drowning to below 30 in short time means we have already experience that decline .

but recovered to 40k back is a good reason why we need to express our support to Bitcoin.

Quote from: Fundamentals Of on February 08, 2022, 08:51:50 PM

That's expected. Bitcoin is much more bullish in the long term than the short term. The short term price of Bitcoin is always fluctuating. That's what volatility brings. The price could quickly rise and fall not just in the hundreds but even in the thousands. So playing with Bitcoin's short term price is not only risky but could also be unprofitable. The long term however almost guarantees return of investment. This is the reason why patiently hodling is more interesting than day trading.

Exactly mate, Bullish season comes eventually but of course after the dumping so Bitcoin must experience fall before rising .

Fundamentals Of

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That's expected. Bitcoin is much more bullish in the long term than the short term. The short term price of Bitcoin is always fluctuating. That's what volatility brings. The price could quickly rise and fall not just in the hundreds but even in the thousands. So playing with Bitcoin's short term price is not only risky but could also be unprofitable. The long term however almost guarantees return of investment. This is the reason why patiently hodling is more interesting than day trading.

arwin100

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Quote from: Sled on February 08, 2022, 06:46:35 PM

Quote from: StreakW on February 08, 2022, 10:46:03 AM

Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.

This year gonna be a dwell and test upon our patience.
I'm going to agree that this year will be a tough year for crypto. I see no such trend like in 2021 that major coins in the market are bullish but we possibly experience a different scenario this time.

Well, things are not worried for as long as we have trust in crypto. As to what we did during the last crisis, it certainly we can make it again if that ever it happens. I think we got lucky and happy enough if we could reach $50k this year again.

After the bull run happen then the dump follows? Well yeah for sure we might struggle to climb on its past ath or maybe on its huge figures reach but we will never see any huge dip since for sure many people are now having good confidence on bitcoin. But maybe we can see a different phase in 3rd quarter of the year so let see what will happen on it.

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Quote from: StreakW on February 08, 2022, 10:46:03 AM

Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.

This year gonna be a dwell and test upon our patience.
I'm going to agree that this year will be a tough year for crypto. I see no such trend like in 2021 that major coins in the market are bullish but we possibly experience a different scenario this time.

Well, things are not worried for as long as we have trust in crypto. As to what we did during the last crisis, it certainly we can make it again if that ever it happens. I think we got lucky and happy enough if we could reach $50k this year again.

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.

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Quote from: Hypnosis00 on February 04, 2022, 06:54:43 PM

Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +.

Honestly, it wasn't in my mind and think that price. I'm not saying it won't and it is impossible as always there is a chance yet, that probably it takes a little bit longer and that might bore us waiting if we keep thinking about it. It was better I guess to think first of $50k, another $70k as for it has been reached, that it means we can proceed to $100k.

But for now, I foresee a very tough year of crypto this year and many dumps to show compared to pumps. And this could be a very challenging year for holders as well unless if they can still manage their emotions.

I agree with you. 2022 has been being a harsh year for bitcoin. Since this year has started the lack of good news and positive price fluctuations is evident. I believe we are living preparation times for a buill run that is imminent and that can start at any moment. So for every holders it's important to keep bitcoin investments intact, although they should forget it for a while, not touching their wallets. That is a special advice mainly for those who may want to cut losses selling their bitcoins for a cheap price due to fear regards the currently market's conditions.

Silberman

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Quote from: maydna on February 01, 2022, 08:10:10 AM

Quote from: Oasisman on February 01, 2022, 05:20:28 AM

Quote from: asrinur on January 27, 2022, 07:31:32 AM

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.

It is going to be interesting to see what happens from now on, I have believed for some time that we were in a super cycle and that bitcoin will still go up during this year, breaking up with what we saw in 2018 which was a very strong drop in its price, however the price is barely above 40k, so if that price is maintained for a long time I think that a repetition of what we saw in 2018 could happen, something that the majority of people would prefer to never witness again.

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

I wonder when the price of Bitcoin will reach $ 100k +.

Honestly, it wasn't in my mind and think that price. I'm not saying it won't and it is impossible as always there is a chance yet, that probably it takes a little bit longer and that might bore us waiting if we keep thinking about it. It was better I guess to think first of $50k, another $70k as for it has been reached, that it means we can proceed to $100k.

But for now, I foresee a very tough year of crypto this year and many dumps to show compared to pumps. And this could be a very challenging year for holders as well unless if they can still manage their emotions.

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