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Topic: What Is Your Bitcoin market speculation for the month - page 5. (Read 855 times)

legendary
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Bitcoin already touched $25k last few hours back before it correct back to above 24k and slid further to 23k+ before it recovered back to its present price of 23,800+ I am sure it won't take long before the 25k benchmark is reached.
-even though the market has hovered around that price for a while now, I am sure once the price crosses the 25k level and sustains it for a long I am sure we will not return back to that price anytime soon.
It might not be fair not to consider a dip. Everyone can expect $25k to be broken and held for February or beyond, but either way a correction could happen at any time. We have touching another $25k today, and will probably get it maintained on the next increase. There is hope, of course but panic can be bad for the price.
hero member
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We are already above 24k right now, which means that 25k shouldn't be that much of trouble if you ask me, it should be as common as it gets because we are pretty close.

I am sure that it is not going to be easy and it is going to take a while before we get used to the fact that we are up and some people will sell to take some profits and all that, but I am pretty sure that it's not going to be easy to handle for the bull people who already saw it go up, and if it doesn't go up even more than we are going to be pretty upset about it eventually, we want to see it go up even more. I think it is not an easy thing to see it go up but then stand still.
Bitcoin already touched $25k last few hours back before it correct back to above 24k and slid further to 23k+ before it recovered back to its present price of 23,800+ I am sure it won't take long before the 25k benchmark is reached.
-even though the market has hovered around that price for a while now, I am sure once the price crosses the 25k level and sustains it for a long I am sure we will not return back to that price anytime soon.
legendary
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We are already above 24k right now, which means that 25k shouldn't be really that much of a trouble if you ask me, it should be as common as it gets because we are pretty close.

I am sure that it is not going to be easy and it is going to take a while before we get used to the fact that we are up and some people will sell to take some profits and all that, but I am pretty sure that it's not going to be easy to handle for the bull people who already saw it go up, and if it doesn't go up even more than we are going to be pretty upset about it eventually, we want to see it go up even more. I think it is not an easy thing to see it go up but then stand still.
sr. member
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I'm expecting a ranging sideways between $22k - 23k, and if a dump happens then for sure that it might hit the resistance below $20k. The crypto market is very unpredictable we don't know what will happen in a second or minute and that's why we always need to set profit limits or losses.

But from my perspective, BTC is really good for long-term holding as well as ETH, and hoarding more could get double or triple the profit in the future.

I don't think there will be any serious dumping, it will all be a correction, as we cannot expect bitcoin to go up forever without a correction. $20k or maybe $19k will be the bottom if a drop occurs. I am bullish on bitcoin this month and Q1 we will have a green quarter.
hero member
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$25,000 within February is an easy target.
And we already hit 24939 on bybit and most exchanges (almost 25k). This was at 22k yesterday. Who would have imagined such a price increase after a not-so-good cpi data which came just day before yesterday? This time bitcoin even shocked the Americans lol. Remember guys, If it goes above 25.2k, 30k will happen real quick, no stoppage in between.
Yes, the price was a hairline away from hitting $25,000 in many exchanges. I don't know if there was an exchange where Bitcoin actually reached $25,000 but the average price among exchanges was probably below $25,000. Coingecko has it at $24,960.70. In other words Bitcoin has not yet hit the $25,000 mark. Right now it is already in a correction phase. It will probably hit $25,000 and even beyond the next time the price rallies. It could happen any day from now.
I think that was actually pretty decent, it's a wonderful thing that bitcoin could look like dropping for a moment and then look like it's doing wonders the next moment. We were going down from 24.5k to begin with, and it reached as low as 21k levels, and then suddenly we are nearly at 25k levels, sure we dropped after that too but that's okay, we are just looking to see something could be done or not and that means the market is not dead.

The fact that 2022 didn't had this much hype and expectations about the price is all the difference I need to be happy. I mean even if we fail to do it, the expectation that we should be able to do it is all that I need.
legendary
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-This new price recovery has opened the door to for new speculations on the benchmarks Bitcoin will touch in this month of February, just as it did in January-February.
What are your markets predictions for the month?
My prediction for it's price movement this year might be wrong. Cheesy My previous prediction was $17,000-$25,000 the whole year, but looking at how Bitcoin's price movement this year, it seems like it will be slowly going upwards. It's ok if my prediction is wrong because I've made many predictions already, and most of them are wrong like what the analysts, experts, and financial gurus' predictions are. Tongue

1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
Bitcoin just crossed $25,000 just yesterday, but it only remained for around 1-2 hours. After that, it went down below again.

MACD is starting to cross again, RSI is near the overbought signal. I don't know, but there might be a chance that we might see another pump in the next few days and if that happens, my prediction is gone, but I'm ok as long as we all see Bitcoin's price going up then we are all happy... I guess.

2 What are the variables to consider in making future uptrend predictions?
Interest rates? CPI Index in US?
Anything that can affect the stock market of US will also affect the price of Bitcoin. If US stock market goes up then, so is the crypto market. I don't know if this is a factor as well, but I've seen numerous posts regarding Bitcoin halving already.
hero member
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I’m starting to believe now that Bitcoin will dip again below 20k due to the impulse movement from 22k to 25k yesterday. This is the typical sign of a possible reversal on the trend since that 25k is the same resistance that Bitcoin didn’t break the last time it slow rally. It should be broken yesterday if the rally is strong yet we are now pulling back again and show an exhaustion by the bulls.

I hope it will pivot around 22k to 23k so that new uptrend to 30k will be confirmed.
I'm still not sure if bitcoin will drop below $20k again, but maybe it will stay at $22k-$23k only and return to $24k or even break $25k-$26k. But for this month, it still seems difficult to speculate because we know that bitcoin prices can move anywhere. But I think the bitcoin price will still be around $22k-$25k until the end of this month but hopefully, it can go higher after this week.

But many people speculate that the bitcoin price will go back below $20k after the current correction. And I don't know. Let's hope that doesn't happen after the bitcoin price increased to $24k yesterday.
sr. member
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I'm expecting a ranging sideways between $22k - 23k, and if a dump happens then for sure that it might hit the resistance below $20k. The crypto market is very unpredictable we don't know what will happen in a second or minute and that's why we always need to set profit limits or losses.

But from my perspective, BTC is really good for long-term holding as well as ETH, and hoarding more could get double or triple the profit in the future.
hero member
Activity: 1204
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I’m starting to believe now that Bitcoin will dip again below 20k due to the impulse movement from 22k to 25k yesterday. This is the typical sign of a possible reversal on the trend since that 25k is the same resistance that Bitcoin didn’t break the last time it slow rally. It should be broken yesterday if the rally is strong yet we are now pulling back again and show an exhaustion by the bulls.

I hope it will pivot around 22k to 23k so that new uptrend to 30k will be confirmed.
hero member
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Most likely they have sell orders at $25k, and so when the price was hit, they are liquidated instantly causing a huge fall to $23k. But there is nothing to be scared of or something, the market seems to be on the bullish side, so most likely this month $25k will be touched again.

Attempts after attempts and then we will stable at that price and then go on again maybe this March. That's how I see the market right now, so I'm still feeling bullish this February and it will continue till March.
Bitcoin really surprised me when it hit $25k despite negative news from Binance or the CPI wasn't as expected, but it also quickly dropped to $23k. I don't have any predictions for bitcoin for the rest of February, but I see Fuds about Binance still in the market, so we need to be careful with what's coming. Along with that, the disappointing CPI will be the perfect excuse for the Fed to continue to launch hawkish policies. I fear raising interest rates again is what they are aiming for.
At this point, I don't pay attention much to the news since I do t have anything to border if my portfolio is 100% Bitcoin.
-I will only panic if I am holding other coins aside from Bitcoin that have high volatility tendencies.
-if all things are equal, Bjnance will survive any possible retaliation attack against its networks.
-market funds will always be there and how we react to them matters a lot also how we prepare ahead of any possible attack goes a long way to determining how we take them when it happens.
legendary
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Most likely they have sell orders at $25k, and so when the price was hit, they are liquidated instantly causing a huge fall to $23k. But there is nothing to be scared of or something, the market seems to be on the bullish side, so most likely this month $25k will be touch again.

Attempts after attempts and then we will stable at that price and then goes on again maybe this March. That's how I see the market right now, so I'm still feeling bullish this February and it will still continue till March.
Bitcoin really surprised me when it hit $25k despite negative news from Binance or the CPI wasn't as expected, but it also quickly dropped to $23k. I don't have any predictions for bitcoin for the rest of February, but I see Fuds about Binance still in the market, so we need to be careful with what's coming. Along with that, the disappointing CPI will be the perfect excuse for the Fed to continue to launch hawkish policies. I fear raising interest rates again is what they are aiming for.
hero member
Activity: 2870
Merit: 594
$25,000 within February is an easy target.
And we already hit 24939 on bybit and most exchanges (almost 25k). This was at 22k yesterday. Who would have imagined such a price increase after a not-so-good cpi data which came just day before yesterday? This time bitcoin even shocked the Americans lol. Remember guys, If it goes above 25.2k, 30k will happen real quick, no stoppage in between.

Yes, the price was a hairline away from hitting $25,000 in many exchanges. I don't know if there was an exchange where Bitcoin actually reached $25,000 but the average price among exchanges was probably below $25,000. Coingecko has it at $24,960.70. In other words Bitcoin has not yet hit the $25,000 mark. Right now it is already in a correction phase. It will probably hit $25,000 and even beyond the next time the price rallies. It could happen any day from now.

It actually did hit $25,000, when I woke up, its about $25,xxx already. But I was surprised that in the next 4 hours, the price suddenly declined way below $23,xxx. And now it has stopped, that is a huge correction though, I thought that we might still go and maintain $24,500- at least because that's where the price is before the sudden $25,000 jump.

Now, we are back lower than what we have in 48 hours. So let's see, I'm still positive that we are still in the bullish phase this February and I wouldn't be surprised to see the price going back again to $25,000 and higher.
Most likely they have sell orders at $25k, and so when the price was hit, they are liquidated instantly causing a huge fall to $23k. But there is nothing to be scared of or something, the market seems to be on the bullish side, so most likely this month $25k will be touch again.

Attempts after attempts and then we will stable at that price and then goes on again maybe this March. That's how I see the market right now, so I'm still feeling bullish this February and it will still continue till March.
legendary
Activity: 3080
Merit: 1353
$25,000 within February is an easy target.
And we already hit 24939 on bybit and most exchanges (almost 25k). This was at 22k yesterday. Who would have imagined such a price increase after a not-so-good cpi data which came just day before yesterday? This time bitcoin even shocked the Americans lol. Remember guys, If it goes above 25.2k, 30k will happen real quick, no stoppage in between.

Yes, the price was a hairline away from hitting $25,000 in many exchanges. I don't know if there was an exchange where Bitcoin actually reached $25,000 but the average price among exchanges was probably below $25,000. Coingecko has it at $24,960.70. In other words Bitcoin has not yet hit the $25,000 mark. Right now it is already in a correction phase. It will probably hit $25,000 and even beyond the next time the price rallies. It could happen any day from now.

It actually did hit $25,000, when I woke up, its about $25,xxx already. But I was surprised that in the next 4 hours, the price suddenly declined way below $23,xxx. And now it has stopped, that is a huge correction though, I thought that we might still go and maintain $24,500- at least because that's where the price is before the sudden $25,000 jump.

Now, we are back lower than what we have in 48 hours. So let's see, I'm still positive that we are still in the bullish phase this February and I wouldn't be surprised to see the price going back again to $25,000 and higher.
sr. member
Activity: 2380
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$25,000 within February is an easy target.
And we already hit 24939 on bybit and most exchanges (almost 25k). This was at 22k yesterday. Who would have imagined such a price increase after a not-so-good cpi data which came just day before yesterday? This time bitcoin even shocked the Americans lol. Remember guys, If it goes above 25.2k, 30k will happen real quick, no stoppage in between.

Yes, the price was a hairline away from hitting $25,000 in many exchanges. I don't know if there was an exchange where Bitcoin actually reached $25,000 but the average price among exchanges was probably below $25,000. Coingecko has it at $24,960.70. In other words Bitcoin has not yet hit the $25,000 mark. Right now it is already in a correction phase. It will probably hit $25,000 and even beyond the next time the price rallies. It could happen any day from now.
legendary
Activity: 2576
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2. Variables for future uptrend? it's really hard to say, at long as the market stays relatively calm, good news keeps coming in and there are no black swan events, I think the future for bitcoin looks bright.
Do we have to rely on news to give Bitcoin a push-up anytime there is market resistance?
-Because presently,  there is no new to point as the reason for the current recovery of up to 24k+ which is significant enough to speculate especially when the increase in the price of Bitcoin happens rapidly within few hours intervals and has been struggling to cross the 25k in the last 24 hours.
-what type of news are we looking for anyway, I have a strong belief that bitcoin has other factors that determine its price bigger than news.

News like the CPI report is critical for us as someone mentioned. Like the last pivot in February 1, it pushes the price to where we are right now, almost $25k. Maybe you can consider this news as well from SEC:

https://www.sec.gov/news/press-release/2023-30

Quote
“I support this proposal because, in using important authorities Congress granted us after the financial crisis, it would help ensure that advisers don’t inappropriately use, lose, or abuse investors’ assets,” said SEC Chair Gary Gensler. “In particular, Congress gave us authority to expand the advisers’ custody rule to apply to all assets, not just funds or securities. Further, investors would benefit from the proposal’s changes to enhance the protections that qualified custodians provide. Thus, through this expanded custody rule, investors working with advisers would receive the time-tested protections that they deserve for all of their assets, including crypto assets, consistent with what Congress envisioned.”
hero member
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2. Variables for future uptrend? it's really hard to say, at long as the market stays relatively calm, good news keeps coming in and there are no black swan events, I think the future for bitcoin looks bright.
Do we have to rely on news to give Bitcoin a push-up anytime there is market resistance?
-Because presently,  there is no new to point as the reason for the current recovery of up to 24k+ which is significant enough to speculate especially when the increase in the price of Bitcoin happens rapidly within few hours intervals and has been struggling to cross the 25k in the last 24 hours.
-what type of news are we looking for anyway, I have a strong belief that bitcoin has other factors that determine its price bigger than news.
legendary
Activity: 2576
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Since the beginning of the year 2023 bitcoin has shown some positive outlook in terms of price recovery compared to the previous years 2022, when bitcoin struggled all through the year trying to sustain its price from dipping to a significantly low level when Bitcoin dip down to as low as $16k.
-But the 2023 has brought in a new market wave and hope for recovery of the market price, this has brought some air of relief to bitcoin holders and the price has recovered back to $24,400+ at the moment.
-This new price recovery has opened the door to for new speculations on the benchmarks Bitcoin will touch in this month of February, just as it did in January-February.
What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
2 What are the variables to consider in making future uptrend predictions?


We are already past the second week of February, so by now we should have a good gauge on what will be the price movement for the month. And it seems that we are in a positive trend again and we could go to $25k or higher. What I mean is that we have seen the price breaking $25k already, but just like any attempt, it was not sustainable the very least. Let's wait till the buyers grow strong again and maybe at the end of the month $26,500 could be touch base.

2. Variables for future uptrend? it's really hard to say, at long as the market stays relatively calm, good news keeps coming in and there are no black swan events, I think the future for bitcoin looks bright.
legendary
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Like I said in many posts. I think we are in an echo bubble for stocks and crypto. We got bad inflation, bad PPI, high unemployment but at the same time we got good earnings. Why are earnings good?

For 2 reasons

1) Lay offs which increased net profits

2) Inflation which caused margins to increase

So companies are making good profits and hence why stocks are rallying. And crypto is following. Most likely this will pop somewhere in the next 2-6 months and trade sideways or head back down into new lows for stocks and crypto.
hero member
Activity: 2688
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Man, being that it's the middle of the month, I don't dare to predict much for the remaining 12 days. I do believe that we were at levels that were too cheap and this should lead us to go up little by little, especially considering that there is still a year and a bit to go before the next halving. Passing the 25,000 level is quite likely, if not in these 12 days, then a little later.
25,000 is likely to be achieved within the next few hours from now, the price of bitcoin has already touched 24,900 in the early hours of today.

So I don't think there is a big gap between the present price of 24,700 and 25,000 Bitcoin will break even easily and in no time.

We are in for a more exciting time this first quarter of the year and we should be prepared for some price increase, so the best thing to do is to continue to hold.
I haven't noticed that we hit $24k today and it climb till $24.9k? Impressive but why it didn't continue till $25k when the gap isn't that huge? I think I already saw a similar scenario. It happened twice now, that is from last month and from last year (if my memory serves me correct). Maybe it's not the perfect time yet for us to hit it because hitting it could lead to more possibilities or more price growth.

We are only at the first quarter of this year but things are getting exciting already. How much more if we proceed on the later levels? But with this increase that we experienced lately, I think some already sold a few of their holdings and they can always re-buy again after the price corrects.
legendary
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What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
We have 12 days away before end of this month. Bitcoin fundamentally good at this moment caused by some bullish news like this
https://www.coindesk.com/business/2023/02/15/interactive-brokers-rolls-out-btc-eth-trading-to-professional-investors-in-hong-kong/

The price got pumped instantly due to that news. I can expect 25k can be surpassed easily once another good news like that will come. Btc is almost breaking 25k. I think that we will see btc to surpass 25k in the next hours.

2 What are the variables to consider in making future uptrend predictions?

There are lots of variables but i consider some important variables

-CPI, Good news.

The market seems to be parabolic very soon. Rebound is real for bitcoin. Nasdaq is also showing positive sign that may affect bitcoin.
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