What lies ahead for Bitcoin in the coming days? - page 3.

Gormicsta

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Quote from: BenCodie on November 13, 2023, 03:46:56 PM

A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.

100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving? Wink

BenCodie

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Quote from: Yatsan on November 13, 2023, 03:36:39 PM

If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk.

Quote from: Sophokles on November 12, 2023, 06:55:42 AM

Quote from: Natsuu on November 11, 2023, 12:05:56 AM

Quote from: Ale88 on November 10, 2023, 05:33:37 PM

Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.

It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past.

That's right. It's also really hard to say due to the different ecomomic and geopolitical circumstances that we are under at this point in time, and where that's all expected to go.

A dip before the halving would be great, but the sentiment s showing so many demand drivers and I am surprised the price isn't already higher:
-etf news
-war
-halving leadup
-money devaluation/continued debasement
-troubling economic policy around the globe

A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.

Yatsan

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If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk.

Quote from: Sophokles on November 12, 2023, 06:55:42 AM

Quote from: Natsuu on November 11, 2023, 12:05:56 AM

Quote from: Ale88 on November 10, 2023, 05:33:37 PM

Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.

It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past.

Crypto Library

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Quote from: danadc on November 13, 2023, 03:01:28 PM

I don't know what the next one could be in the next few days, but I am sure of one thing, if they gave me money to invest, I would not hesitate to buy Bitcoin, because it is the best investment in the whole world, it is what they say it can be the most valuable thing in your life, for me it is bitocin, because it is what can go up the fastest, it goes down the fastest but it is like wine, the older it is, the better it is, so the more the years pass, well it is plus the benefits that are obtained, and if you can wait 10 more years without touching it that is the best, but in days, even if the price drops, I would buy and I would buy happily because it is my life investment.

I am very happy to see your interest in Bitcoin. But keep in mind that Bitcoin investment is not without risk. It could be due to the volatility of Bitcoin or it could be due to not being able to securely use the wallet you are going to holding bitcoin. My intention is not to discourage Bitcoin investment, I mean that there are risks involved so a person should invest only as much as they can afford to lose.
Recently I saw a news that a person holding Bitcoin for 10 years lost his entire fund due to hacking. So I think that if Bitcoin is chosen as an investment, then definitely keep the risk issues in mind and invest that amount so that it does not put too much pressure on the current life. But there is no doubt that no other altcoin can offer better privacy, secure and long-term profits than Bitcoin when investing in the cryptocurrency world.

danadc

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I don't know what the next one could be in the next few days, but I am sure of one thing, if they gave me money to invest, I would not hesitate to buy Bitcoin, because it is the best investment in the whole world, it is what they say it can be the most valuable thing in your life, for me it is bitocin, because it is what can go up the fastest, it goes down the fastest but it is like wine, the older it is, the better it is, so the more the years pass, well it is plus the benefits that are obtained, and if you can wait 10 more years without touching it that is the best, but in days, even if the price drops, I would buy and I would buy happily because it is my life investment.

GbitG

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Quote from: KiaKia on November 11, 2023, 06:15:03 AM

Live like a human, build yourself and your mind, take risks because a risk taker don't always lose on the long run, it's either they gain more knowledge or they win, but not taking any risks will put you in a deep darkness for the rest of your life.

Yes, you should take as much risk as you can afford. It means investing as much as you can afford. Because Bitcoin is a high-volatility asset, it gives as much profit as it loses. Therefore, you should risk as much money as you have the courage to lose; otherwise, you will not be able to stay with Bitcion.

And I say that you want to take risks, but with thought and understanding, because as many good things as there are, it is only in exchange for risk. Come, guys, let's invest. The world took Bitcoin and left, and here we make lame excuses not to do it or not to buy it. These are all lame excuses; these people don't want to do anything in their lifr; they just talk.

arwin100

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Quote from: Sophokles on November 12, 2023, 06:55:42 AM

Quote from: Natsuu on November 11, 2023, 12:05:56 AM

Quote from: Ale88 on November 10, 2023, 05:33:37 PM

Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.

That would provably end up if there's no more big price actions will happen to bitcoin in next couple of months. Many speculate that what we are experiencing now is the start of the bull run but they didn't even realize that hte latest happening could be a bull trap and manipulators just use their emotion so that they can take advantage on it then earn for their selves. That's why even if there's upcoming good event that will came we should still do more reaserch regarding on current happening since if they just locate those media sites for sure they can read more information about it and know that everything is possible either its good or bad on the ecosystem.

Lets really see on when would this current price rice would end up since to many speculators really love to see on what price does bitcoin can provably reach since many really want to earn and get hype by doing hodl on bitcoins or maybe even with other coins.

Mate2237

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You have written enough but all what I will say is that bitcoin is meant for thick skin people who have strong mind and the confident to invest in bitcoin and still hodle it for years to come and not for the weak minded people who are always afraid. Yes bitcoin started the year with a good fortune and it ending the year with bigger surprise.

Those who are thinking that they are making the wrong choice of investing in bitcoin should leave and let those who are ready invest in it. Because it is not everyone can do a business and become successful. And since bitcoin a digital currency which can be used to purchase things then if those people are selling things then they should accept bitcoin for the transaction.

Sophokles

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Quote from: Natsuu on November 11, 2023, 12:05:56 AM

Quote from: Ale88 on November 10, 2023, 05:33:37 PM

Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.

Yamifoud

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The future of Bitcoin is actually uncertain OP but it doesn't mean that we gonna think all about the negative, why not think about the positive as well? We can make market assumptions but I think we have to stop saying "what if and what if" because those words are just used by those who have no trust in Bitcoin and live full of uncertainties.

Though I can't say that Bitcoin has a bright future, however, I have the guts also to foresee that Bitcoin will grow and be adopted by most individuals.

karabiber

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Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Bitcoin's performance has been generally positive recently. Bitcoin has again attracted attention with an increase of almost 120% since the beginning of the year. According to its technical analysis, oscillators are giving a buy signal. The Average Directional Index is 17.67 over 14 periods, indicating a trend strength.

Looking at the trend, Bitcoin shows a strong relationship with the moving averages. The Moving Average Rating is indicated as strong buy. Also, the price is trading close to the 52 week high. This could indicate a long term uptrend. However, the volatile nature of cryptocurrencies brings risks. The 34.500 Dollars support level and the 38.000 Dollars resistance level are important. Although the trend is pointing upwards, caution should be exercised in the market after the massive sell off in 2022. As we say goodbye to 2023, I can say that the change in the Bitcoin price is positive.

jeraldskie11

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People who are new to Bitcoin and hesitating if you can profit is acceptable. It's normal to have that "what if". It's the same with us before, we are not sure if we can really profit with Bitcoin but happened now? The price is so high. That's why I'm telling you to put a trust in Bitcoin because there will be no price action that will go to a direction without retracement. So you can noticed if the price of Bitcoin is going down. Let's put in our mind that Bitcoin is not the same with other cryptocurrencies that have a high risk in your investment. If you're afraid, only invest in Bitcoin and wait until next year, let us see what will happen.

Renampun

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Quote from: Gormicsta on November 09, 2023, 05:41:39 AM

...

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

Trust me, you will never be able to get an answer that satisfies you, because no one can predict the future price of Bitcoin with 100% accuracy. I suggest you to invest in bitcoin using the DCA method, if you use the DCA method then I am sure you will not lose, remember that the DCA method is the best thing for bitcoin investors at the moment, when you use this method then you will not worry about how high the price of bitcoin or how low the price of bitcoin is, you just buy it consistently with the same amount of fiat money every week or month.

GbitG

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Quote from: taufik123 on November 09, 2023, 11:13:25 AM

This could be an opportunity to buy at a lower price before entering the new year 2024 with the Halving moment which will provide high profits.
So buy and hold when there is a good opportunity to buy back.

Looking at the current price of Bitcoin, what more opportunity can there be? Because if we look at the market from the right perspective, Bitcoin has also turned its target towards Bull, and now Bitcoin only has to touch its heavy resistance, which is formed in the weekly time frame. After that, I think Bitcoin The way will be smooth to break your ex-ATH and make a new one. According to Analysist, Bitcoin may go up to 150k this time in a bull run.

So it means that now is a good time to buy because the price of Bitcoin is still low. If the bull run continues, there will be no further entry at the prices that are still there and before. Actually, due to two major events, Bitcoin is going to change history in 2023, and those events are Bitcoin ETF approval and halving next year. Which is why the big analysis believes that 2024 will be the year of the skyrocketing bitcoin price.

BitcoinPanther

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Quote

What if I'm making the wrong choice still investing in Bitcoin?

This is why we need to do our research and know the fundamental before investing in Bitcoin and any other investment. Every investment have risk but we can minimize it by knowing the current status of Bitcoin.

Quote

What if this, what if that...
And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.

There is no wrong in understanding the what if since it often times the precautionary measure on dealing things. We should always have reservation and a fail safe plan if our initial plan failed.

Quote

What will happen by the end of the Year? of course it's just a few weeks before the year runs out. Will Bitcoin ever rise again in the bottom weeks of the year? Or, will it crash just like in 2022?
These are the big questions. I believe there's no way I'm the only one having these questions in my mind.

No one knows, we can speculate and it would not be considered a fact unless our speculation happens.

askorc

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Quote from: rat03gopoh on November 09, 2023, 07:52:41 AM

Risk in general is volatility, risk specifically is security. Fluctuation isn't a hesitation to invest, bitcoin actually doesn't offer that. You can see some whales like M Saylor how he survived even with the red market conditions a few months ago. However, with specific risks, bitcoin can cause someone to lose their investment in just a few seconds.
But yeah, some investors prefer to go against the advice: "invest what you can afford to lose", because there is no small amount of money that is worthless.

Yes always risk as you can Wink

Promocodeudo

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Predicting the future is not visible, with what I know is only God that says about the future, the future is unpredictable by humans, Bitcoin as a volatile asset can continue to rise but we should know that nothing is sure, but in this business, being sure of the continuous increment will be deceit on its own, naturally there are things you can't just be more certain about, as a businessman you should not always expect profit all the time because it is unusual for this to happen, there are a time of profit and time of loss is normal to occur, this is the reason we should be more careful about our so-called prediction, as bitcoiners we should be optimistic always.

synchronym

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op Don't think too much about bitcoin because if you only think about it after you trade something it will give you mental problems. So when you trade in Bitcoin you must trade with a calm mind. If you are too hasty in trading Bitcoin, you will make the wrong decision. So you trade with a calm mind by checking the market.

terrific

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Forget the pressure and forget about controlling the things that you have no control over it.
That's really going to give you pressure if you keep on thinking about it.
So, if you keep on thinking things about what if that you have no control, you're just like hitting yourself with your own rock.

Blitzboy

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Quote from: Solokan on November 11, 2023, 06:44:24 AM

No one will know about bitcoin in the future, but what is clear is that currently the crypto market is in a period of recovery, and the price of BTC is experiencing an increase which of course has many causes such as soon there will be a BTC halving, plus other news such as about bitcoin ETFs and others.

indeed, when btc was in a bearish phase such as the price was less than $19k, many people thought that that was the end of bitcoin, but in reality now btc is showing its greatness which makes people not want to miss this moment to buy btc. but I think btc will have a good future because of the limited supply of btc and the increasing adoption rate. but of course we will not know about the price of BTC in the future and I as an investor only hope that the price of BTC will rise quickly.

The idea that Bitcoin will disappear is naive. BTC represents decentralized money, not only digital assets. You correctly predict the market's cyclicality and BTC's resiliency. Halvings and institutional interests like ETFs support post-bear price increases.

BTC's volatility and unpredictability should not be ignored. Its violent swings attract and frighten investors. The restricted supply argument is valid, yet market sentiment and external economic factors greatly impact its valuation. High-risk, high-reward game.

Investors expect price increases, but they must also expect turbulence. Regulations, technology, and global economic movements affect BTC's future, not just supply and usage. Understanding these aspects is as important as believing in BTC's inherent worth when betting on it.

Topic: What lies ahead for Bitcoin in the coming days? - page 3. (Read 962 times)