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Topic: What next for Bitcoin? - page 3. (Read 444 times)

sr. member
Activity: 756
Merit: 356
January 27, 2025, 02:21:47 PM
#21
Has there been any indication that the bull run is over or is getting to an end? I don't think so.
The only indication of that is the daily trading volume. The trading volume of the past 24 hours is around $80 billion. This means there could be a significant increase in the selling of bitcoin which might further push the price down, but you cant use that alone to determine what is happen with the bull run.

From the whole of last week to this week bitcoin has not gone below $98k which is a healthy price for the bull run.
No one can predict which way bitcoin would go on the graph with a 100% accuracy, but from the looks of things, bitcoin is showing no signs of stopping. I understand that economic and political factors can  affect the price of bitcoin but if all things remain constant, bitcoin is bound to go higher.
hero member
Activity: 1008
Merit: 702
January 27, 2025, 02:20:56 PM
#20
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?

The positive zeal on bitcoin going to make new all time high is still very certain and I don’t think anything like seeing a negative trend will occur now. The bulls are still in control of the market and I think we will see more bullish movement for bitcoin in the coming days or months. If you’re really going in for the long term, for years to come from now, there is still time for you to accumulate and store for long term. And for those that are trading and are much peculiar with market trends, they’re always at an advantage and take opportunity of the bulls to make their big gains in the market. The bulls is still very much valid for now and I don’t see it coming to an end anytime soon as all indications is still pointing for us to have a new all time high sooner.
hero member
Activity: 448
Merit: 560
Mia's Creative
January 27, 2025, 01:25:35 PM
#19
The market has some sort of general behaviour where after an uptrend you get a down trend too not necessarily a down trend in the general market trend but more like a retracement to cover inefficiencies. Basically it works with the technical saying that suggests that no market will pump forever in literal sense and similarly no market will dump for ever.
So with respect to this the pump will continue but that doesn't mean we will continue it without retracing. When market makes sudden movements either to the upside or down side there are a couple of inefficiencies left behind and in technical analysis the market is supposed to retrace to cover them.
hero member
Activity: 3080
Merit: 603
January 27, 2025, 01:13:12 PM
#18
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
We will never know if we actually hit the ceiling or not. But we're still on the better place compared last year, right? I'm believing that we'll still see some pump for this year. We've got a lot of uncertainties that have happened recently and with all of some important events that are about to happen, this is calling off the market. Don't be too discouraged if the market is red and bloody sweaty. This is normal, ask yourself if you'll still wanting to stick to it and want to have some more. When there is a lot of discount, it's simple, buy or wait.
hero member
Activity: 1764
Merit: 731
January 27, 2025, 01:08:27 PM
#17
No one here is actually in charge of the price action or does anyone here have some supernatural power to know what then market would be like. I think if you aren't sure of any Crypto-currency and need someone to assure you then you should not be here in the first place. After you must have made you research then make a decision and at any point you can still change that decision but at any point don't just take people's word for it
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sr. member
Activity: 278
Merit: 255
Catalog Websites
January 27, 2025, 01:01:22 PM
#16
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
For me, this is rather hard to say or predict, for some days now, or let me just say that since the very day the president of the united states was sworn in, that was on the 20th of this month, the price of bitcoin have been doing what many of us believe to be "sideways movement", it goes up to around $105k - $106/7, it starts to dump back to $102 - $103 levels, there have been no steady increase and no steady decline so far except from yesterday when everything started dumping hard, like at the moment, the price of bitcoin is below $100k.

I can't say for sure if we are heading into the bull run or coming out from it, it seems to me like the price of bitcoin is being manipulated heavily by some unseen forces, forces in the government actually.
sr. member
Activity: 728
Merit: 421
January 27, 2025, 12:53:55 PM
#15
OP, one thing you should know is that the crypto market is highly volatile, and as such anything can happen so it would be in our best interest to utilize any opportunity that comes our way. You should know that Bitcoin has existed over the years and is doing perfectly well for itself till this very moment. So that alone should tell you that there is a bright future with bitcoin and only what it takes is just patience to hold your position. Why I am saying this because from the very beginning, bitcoin started with the lowest price, and over the years, it has gotten to this stage it is now which means it would still increase in value than it is now which means one can conveniently hold for long depending on their plans.

This is why people are advised to use their spare funds to invest if they plan to hold for long so that they would not be moved by the market actions to sell them off quickly with the fear of losing their investment but if with spare funds, they have other funds for backup so the market actions would not bother them because they have backup and these alone would help them hold for a long time as they see the price of bitcoin appreciate together with their investment.
sr. member
Activity: 350
Merit: 261
An Sr. Member who wants to become a ₿ maxi
January 27, 2025, 12:34:43 PM
#14
Currently Bitcoin is still experiencing a sideaway, after previously the flash pump tried to breakout ATH and managed to make the price higher than before. 

If you want to invest long-term there is no such thing as a price limit, all prices are the best as long as you understand what you are buying, everyone knows the future potential of Bitcoin for those who adopt it.

But if you are a trader who takes short-term profits, you must really understand managing risks because the most important thing is real life, don't let you use borrowed money to buy a coin whatever it is.
sr. member
Activity: 840
Merit: 437
January 27, 2025, 12:33:10 PM
#13
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?

We cannot because of the recent fall in the market price of bitcoin now come into a conclusion that we are setting for the next season which is of bear market, at least we have to wait to see this occurrence happened more than three times before we may be suspecting if we have attained the highest high for the bull season or not, we should not because of this fall now go on future trades for more bearish, things may not work out that way, it may only be a test in disguise to deceive people, while the market direction may eventually be aiming for another all time high, the better we take our weekly and daily candles more often so that we may be able to draw out the market sentiment for the support and resistant level.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
January 27, 2025, 12:26:58 PM
#12
Look at the market fundamentals, is there something wrong there? NO. Corrections are a natural thing in the market cycle, always following the development of crypto market conditions, If we look at today's price history, the price has not dropped drastically. Based on coinmarketcap data, the highest price in a span of approximately 1 month where the highest price was around $ 107K and now in a normal correction, namely at a price of $99, 3K. Btw, Make it an opportunity for us to buy more bitcoin or altcoin because I still believe BTC will rise again after this correction.
jr. member
Activity: 37
Merit: 68
January 27, 2025, 12:07:57 PM
#11
There is bound to have some consolidated here before the next shoot of 150K.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
January 27, 2025, 12:01:38 PM
#10
The trend in 2025 is going to be clearly bullish IMO but there are bound to be down days like today's, which due to something totally unrelated to bitcoin, the supposed advantage that the Chinese AI DeepSeek has over the American ones, the markets in general are falling and have dragged cryptocurrencies down. Otherwise, post-halving, the pro-crypto government in the US and increasing institutional adoption, it is clear that the price is going to rise this year.
legendary
Activity: 1890
Merit: 1210
January 27, 2025, 11:48:36 AM
#9
How high is "close to ceiling"? the last ATH was $109K, is it $110K? $120K? I speculate Bitcoin can go higher than that in this year, this is just the first month of this year, we still have 11 more months to go. Remember, Bitcoin price mostly hit the top during Q4 (October-December).

It's still way long to go, currently it's still a good time to accumulate Bitcoin.
legendary
Activity: 1106
Merit: 1113
January 27, 2025, 11:47:25 AM
#8
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?

The price of Bitcoin is unpredictable it usually depends on certain economic conditions mostly in the US.  Economic decisions like interest rates and Bitcoin reserve will determine the price of Bitcoin this year. If the US government keep reducing interest rates, Trump implements the Bitcoin reserve policy and there is more institutional investment/adoption the price of Bitcoin might skyrocket. However the price of Bitcoin will increase this year since we are in the bull run, my prediction is that the price will get to $150k this year.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 27, 2025, 11:39:06 AM
#7
The next thing that can happen is Bitcoin will increase back after the decrease and we already see this. Bitcoin is trying to increase although the war of the up and down price still happen in the market. Bitcoin will continue the pump but there will be a correction that can happen many times.

If you want to make a profit from the fluctuation, you need to analyze and try to buy at a low price. Then you can wait for the price increase to sell at that price.

But you need to be patience because sometime you need to wait for a while to see the price increase.
hero member
Activity: 2856
Merit: 667
January 27, 2025, 11:15:21 AM
#6
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
Honestly, bitcoin’s next price movement remains uncertain and unpredictable. We could see bitcoin price reaching its new all time high in the next days, or we could witness again price dropping dramatically, that’s the power of volatility. However, for me, since Chinese New Year is fast approaching, maybe we could see another price surging for bitcoin that time, knowing bitcoin doesn’t even reach a significant price during Trump’s inauguration.
member
Activity: 14
Merit: 2
January 27, 2025, 10:42:33 AM
#5
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
If you pay good attention to Bitcoin, you would have noticed that the bull season is already here, just that it didn't come as expected, so because of that many thought that the bull season has not come which is not true, but one thing we should all take note is that Bitcoin is on the rise, in the next 10 to 20 years time from now, Bitcoin can go as high as a million dollar or more, because we are still in it early days, so I believe that as times passes by, more investors will come into it, and the value will definitely skyrocket because of that, so it's just a matter of time that Bitcoin gets to that level, so the best thing is to utilize this opportunity now and buy it now that it is still very cheap.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
January 27, 2025, 10:14:42 AM
#4
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
What will happen next with Bitcoin? I think Bitcoin will be fine and will always give profit to those who have strong faith and patience if they treat Bitcoin for the long term regardless of what happens, be it positive or negative news, price drops and from all that in the end in the long term the price of Bitcoin will continue to rise.

And all you have to do is buy and keep collecting Bitcoin when you have more money or do the DCA method and hold it for the long term, and that's all you have to do to create good and satisfying profits in the future.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
January 27, 2025, 10:01:26 AM
#3
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
There are so many price prediction topics in this forum you can check one of them to see your desire speculation.

Perhaps we are still in the early part of 2025 yet reached a new ATH this shows that we've not yet seen the last of bitcoin. we have lots of news to hedge on, BSR are on its process, big news to pump the market etc hence bitcoin is not any thing close to it's expectations.

Buy and hold should be your default thinking right now even if might seem very expensive, get yourself some more.
hero member
Activity: 1260
Merit: 765
Top Crypto Casino
January 27, 2025, 09:59:38 AM
#2
In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
Buy buy if you can afford to put the money away for a few months years and forever for future gains, I know many bitcoin speculators will always consider the short-term bitcoin market reaction and the bull momentum, but then long-term investors will always focus on the future.

What you should also know is that, bitcoin doesn't follow influence like shitcoins does and at that, the market will always react more to natural market forces than fomos or speculations, so for sure expect much from bitcoin only in the long term.
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