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Topic: What will Bitcoin do next in the near term? - page 5. (Read 881 times)

hero member
Activity: 2954
Merit: 796
I don’t think there will be a significant drop from this point forward. I think we are too close to the halving for the price to drop much more. I expect a price increase in the next couple of months.
This is what we all wanted to happen, and this time that the price of BTC didn't move too low and too high we cant still determine whether this year is a pumping term or not, in the near halving we may atleast see difference which is not too big or too high on what we expected to happen.
sr. member
Activity: 378
Merit: 250
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I don’t think there will be a significant drop from this point forward. I think we are too close to the halving for the price to drop much more. I expect a price increase in the next couple of months.
full member
Activity: 658
Merit: 117
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?


More likely to be greater, so I personally will tend towards the $8k range. But the fact that the price has been stable around the $7k region is quite comforting as it has been about stability for a while now.
legendary
Activity: 2954
Merit: 1153
The bitcoin market is really unpredictable.  Even pro analys is having a hard time guessing the next movement of Bitcoin.  I think there is nothing we can do to know the next movement than just wait for it to happen.  TA provides predictions but it is just a 50/50 chance or way lower for that prediction to happen.  they always present a two way movement which simply shows that they themselves are very unsure of what will happen next to the Bitcoin market. Like for example, some news about a possible Bitcoin breakout to $10,000 yet it also tell the possibility of Bitcoin to go below $7k.
hero member
Activity: 1694
Merit: 691
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So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?
February, and up more than $8000. We're free to speculate about bitcoin price but people's speculation not means to be benchmark for others to believe it directly. My reason why said that because maybe people start to accumulate at that time for preparing halving time. Usually  before event started, price already pumped.
legendary
Activity: 3234
Merit: 5637
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Anything is possible, but perhaps the most likely is that a few more crashes will occur before halving, under $7k and close to $6k. I am not sure how long it is possible to keep the price stable as it is now, but the bears will surely have a few more months to try and bring the price down as low as possible. I know some are still waiting for that big drop ($close to $5000), but that may not even happen, so any purchase below $7k is not a bad investment.

Maybe we're watching a reprise of 2016 which also was halving year, and history tells us that the pre-halving time have almost no significant effect on the price.

sr. member
Activity: 1274
Merit: 267
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?

It think it will just move up and down near 7K price for probably half of year before gaining a significant positive moves and hopefully we can end this year like $10.000 USD. For now until the halving time, Bitcoin price won't be interesting to watch.
hero member
Activity: 2646
Merit: 686
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?

@thecodebear I’m expecting bitcoin prices to rally up to $8k by January end, and then up to $15k before the halving event takes place. Also with tensions brewing between Iran and US I wouldn’t be surprised if prices suddenly shoot upwards in anticipation of a war (though I’ll wish no war takes place as it’s the last thing we all need to witness). Another factor that may further trigger bitcoins prices rally is the announcement of South Korea’s government not to tax crypto income from it’s citizens, you’ll can read more about it in this thread: https://bitcointalksearch.org/topic/m.53508497
hero member
Activity: 1750
Merit: 589
I doubt it would change though. I mean, there hasn't been much news regarding possible opinion changes of users that could change the rate of demand to supply. There's the idea with Iran buying BTC at high prices but... I doubt a single country could change it much. I think only a few traders in Iran would actually follow the idea of buying BTC for high prices. It's enough to push it up for a bit, but only by a few hundred dollars.
I don't really want to make the speculation that it can now increase to a certain all-time high now but I guess it is going for the mark $8000 USD for now if we can cut the $7500 USD price I think we can step into the $8000 mark, I guess even if we had the bear market movement the price is surging out from it, and I think for now aiming for the $8000 USD is the safest speculation and the most real thing that can happen with the movement of Bitcoin.
Well, Obviously. It would need to pass the $8k mark before going up any more. Seeing as the latest movement has reached $7.4k, reaching $7.5k could be possible in the next few days, but without anything to push through to $8k, Like a big news or such, it isn't possible for BTC to push. The $7.4k push was recently attributed to Iran buying BTC at high prices in their country so yea.
sr. member
Activity: 1176
Merit: 286
in my opinion ; next weeks prices can rise above 8500 usd and bear market to end too next month february . i think people will start buy bitcoin again because halving approuaching . i am sure that most of people love halving  because it happend every 4 years and it is rare chance for reduce total supply mining in the market
legendary
Activity: 3038
Merit: 1169
I don't really want to make the speculation that it can now increase to a certain all-time high now but I guess it is going for the mark $8000 USD for now if we can cut the $7500 USD price I think we can step into the $8000 mark, I guess even if we had the bear market movement the price is surging out from it, and I think for now aiming for the $8000 USD is the safest speculation and the most real thing that can happen with the movement of Bitcoin.
hero member
Activity: 2730
Merit: 632
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?
No one knows since no man can predict the future.So these kind of questions doesnt only apply to yours but only in all people here on crypto.

We're tanking on 7300 as of this moment which is somewhat a good thing to see on this year rather than seeing a dump.

We are heading on halving event and we might see some sunshine on that time but its still not an assurance.
sr. member
Activity: 1344
Merit: 264
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So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?
Most likely in the near future Bitcoin will increase without any adjustments. Currently the price of bitcoin is going up at $ 7300, and we are in the 2020 bull run. IMO , certainly from now until halving, the price of bitcoin will increase at least 30%. That's just my personal opinion and there's a lot of different predictions here, so we need to wait to know exactly how the market will move in the next few months.
legendary
Activity: 1806
Merit: 1521
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?

Long time no see, thecodebear. Good to see ya!

Sub-$7K levels just got swiftly rejected, the daily candle closed as a bullish engulfing, and this $7,200-$7,400 range feels like a bullish consolidation. So my money is on an upwards move to the mid/upper $8,000s where we will test the 20-week MA and this downtrend line:



Time is running out for the weekly and monthly downtrends. January could be the month. The halving is getting damn close.
sr. member
Activity: 1834
Merit: 261
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some time from now, it seems like big investors haven't come home from their holidays, just waiting for a moment to relax now seeing yesterday's price movements seems to be enough to give a surprise sign for the next price where people seem to be pushing above $ 8,000 too, I'm still waiting for it every day now
hero member
Activity: 2156
Merit: 531
January 04, 2020, 02:38:57 AM
#9
february forecasts but bitcoin is unpredictable prices can grow rapidly in 1 days ,I think when you see movements in the old altcoin then trend will definitely to bitcoin like a helpful attraction ,we too seen recently a small correction and this will going up to 8500 in near future we see hopefully my speculation is right
hero member
Activity: 3038
Merit: 634
January 04, 2020, 02:16:49 AM
#8
We have no crystal ball but as usual it fought back to $7,300 quickly when it dropped to $6,900. I think that scenario already proved that things that are happening globally is also affecting bitcoin's price. The strike against Iran, I still haven't concluded the situation and connection of it to bitcoin but Forbes just published these articles, Why The Bitcoin Price Could Hit $50,000 In 2020 & Bitcoin Will ‘Moon’ If There Is War With Iran, and we know how influential there are.

With these kind of articles coming from media will also help to push the prices up and basically, we have that feeling that it will go opposite instead of what they're trying to convey with these articles.
sr. member
Activity: 1288
Merit: 253
January 04, 2020, 01:54:06 AM
#7
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?
Bitcoin look near close with $8000 just several days later or become two weeks again bitcoin raise with higher price above $8000, when halving will come close maybe bitcoin have chance to grow up above $10k but depend with how respond from investor keep selling or buying bitcoin, when many investor make drama for selling bitcoin we just see bitcoin keep with lower price.
legendary
Activity: 3472
Merit: 1724
January 03, 2020, 10:59:00 PM
#6
I don't think it'll go too low*, I'm speculating it will stay roughly where it is right now, so no significant moves in either direction. If we see a bigger drop after February, close but not right before a halving, then I'll revise my projections to ones that are significantly more pessimistic.

*but I wouldn't bet my life on it, last low brought us back to where we were in May. Tongue
sr. member
Activity: 1092
Merit: 284
January 03, 2020, 10:39:11 PM
#5
Bitcoin will not go below $ 6000 we will see an upward movement going forward, in January, February to May it will move even more upward because it will face halving as uncertain as there will be many people to buy bitcoin to hold in the next few months .
So I think positively this month until the next month it will experience a good increase.
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