What’s going to make Bitcoin turn from a downward to an upward trend?

fuguebtc

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Quote from: fzkto on November 04, 2022, 04:06:30 AM

Quote from: ginsan on November 03, 2022, 12:11:02 PM

Quote from: ?? on ??

I am afraid that demand for bitcoin will not grow for long. It only happens when the price goes up, i.e. demand grows purely because of price manipulation. For example right now bitcoin is cheap, but only you and I need it, and other people aren't interested in it. Bitcoin is a new phenomenon, but I'm not sure it will prove to be anything stable. The bubble will inflate and deflate and most people will be disappointed and lose money.

I don't think so, I think bitcoin will continue to grow with greater demand in the years to come, We have to look at the longer term side to see more aggressive gains and be able to create new ATH. some big news is urgently needed to boost mass adoption. Well at the beginning of this month the price of bitcoin was more sideway in recent days and this shows that bitcoin demand is still stable in the sell-off. I think it has a big impact because we are approaching the end of the year and a lot of people will probably be selling bitcoins for their purposes in celebration of the end of the year. we can take advantage of the situation to buy at a lower price.

I understand that bitcoin is the most popular cryptocurrency. I also believe in it, but now there are a lot of shitcoins that no one is surprised by anymore. I think that Ethereum may soon replace bitcoin at the top of the list. I hate to believe it, but bitcoin's dominance in the market is constantly falling and will never go back to the levels it was 5 years ago, for example. But let's hope that in the future cryptocurrencies will indeed be much more mainstream than they are now.

What makes you think that ethereum is slowly replacing bitcoin, I don't understand what you are saying, do you have any proof of what you are saying? Why is the demand for bitcoin decreasing and the demand for shitcoin increasing? Today market participants first thing they will care about is shitcoins because of the hype they bring but most of the time will realize that bitcoin is the safest investment in the market. That is evident during bear season when shitcoins plummet and there is no possibility of recovery but bitcoin will always lead in terms of resilience.

fzkto

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Quote from: ginsan on November 03, 2022, 12:11:02 PM

Quote from: ?? on ??

I am afraid that demand for bitcoin will not grow for long. It only happens when the price goes up, i.e. demand grows purely because of price manipulation. For example right now bitcoin is cheap, but only you and I need it, and other people aren't interested in it. Bitcoin is a new phenomenon, but I'm not sure it will prove to be anything stable. The bubble will inflate and deflate and most people will be disappointed and lose money.

I don't think so, I think bitcoin will continue to grow with greater demand in the years to come, We have to look at the longer term side to see more aggressive gains and be able to create new ATH. some big news is urgently needed to boost mass adoption. Well at the beginning of this month the price of bitcoin was more sideway in recent days and this shows that bitcoin demand is still stable in the sell-off. I think it has a big impact because we are approaching the end of the year and a lot of people will probably be selling bitcoins for their purposes in celebration of the end of the year. we can take advantage of the situation to buy at a lower price.

I understand that bitcoin is the most popular cryptocurrency. I also believe in it, but now there are a lot of shitcoins that no one is surprised by anymore. I think that Ethereum may soon replace bitcoin at the top of the list. I hate to believe it, but bitcoin's dominance in the market is constantly falling and will never go back to the levels it was 5 years ago, for example. But let's hope that in the future cryptocurrencies will indeed be much more mainstream than they are now.

tygeade

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Quote from: YOSHIE on October 31, 2022, 08:49:19 AM

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I think this is the most accurate answer I’ve gotten so far

It seems I have to be a little patient lately judging and reading about Bitcoin speculation, it seems I have to stick to my stance and commitment to myself the continuation and direction of Bitcoin development now and in this year, it seems that such a method is a bit quieter for me, rather than having to see and read the direction of speculation which makes me a little sick to the count and towards the $$$$$ level.

I've seen and read about Bitcoin speculations to come, but still speculation experts are talking in an uncertain direction, today he says A$ tomorrow he says B$, this really confuses me, but I believe Bitcoin will go down again at the lowest point and will rise again to the highest point, but I don't want to mention how many $__$ numbers in have to calculate yourself.

Well, if you are not entirely certain what bitcoin will do right now, just look at the future and you will be a lot more at ease. I believe that the best thing you could do about crypto would be making sure that you are fine in the long term. If you buy now, and keep on accumulating more, that will make sure that you are doing the right thing because in long term it will go up.

I found it very very interesting information. Because, I believe this, and many people do believe it as well, and yet I do not see people investing all of their money into something that could make them wealthy in 10+ years, if you know it, why not do it?

sukmo

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While there are no guarantees or promises that the pumping up after the Bitcoin halving will occur, the best time to be prepared is during quiet times like the one we have right now.

and also I think there is absolutely no way to time the market if you are not a broker or some other company that has valuable data that can help you make some judgments in the short term.

and also It could be a country that introduces favorable crypto regulations, some financial experts say something positive about Bitcoin, some companies start accepting Bitcoin as payment.

Sometimes things like that go unanswered, but other times they grab attention and trigger something.

ginsan

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Quote from: ?? on ??

I am afraid that demand for bitcoin will not grow for long. It only happens when the price goes up, i.e. demand grows purely because of price manipulation. For example right now bitcoin is cheap, but only you and I need it, and other people aren't interested in it. Bitcoin is a new phenomenon, but I'm not sure it will prove to be anything stable. The bubble will inflate and deflate and most people will be disappointed and lose money.

I don't think so, I think bitcoin will continue to grow with greater demand in the years to come, We have to look at the longer term side to see more aggressive gains and be able to create new ATH. some big news is urgently needed to boost mass adoption. Well at the beginning of this month the price of bitcoin was more sideway in recent days and this shows that bitcoin demand is still stable in the sell-off. I think it has a big impact because we are approaching the end of the year and a lot of people will probably be selling bitcoins for their purposes in celebration of the end of the year. we can take advantage of the situation to buy at a lower price.

Franctoshi

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

We need strong fundamental (Bullish news event), Basically the Fed needs to pivot from raising interest rate, Too news events regarding hedge funds, Banks and institutional Investors coming in to Buy Bitcoin with huge amount of dollars (Demand).
Lastly, when Regulation comes into play, Because the Big investors needs regulatory clearity in order to Buy Bitcoin, and too we need to see more and more countries begins to adopt and legalize Bitcoin in their various countries.

I do believe that when we start seeing all this above listed points come to play, The law of Demand will take place and Bitcoin is definitely gonna react in price and take an uptrend.

Nrcewker

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Quote from: Chato1977 on October 29, 2022, 10:24:04 PM

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

Keeping yourself full of positivity won't help the price to go up. In fact we should accept the fact and act accordingly. Bitcoins are one of the rarest coin, so definitely today or tomorrow it's price will go up. If we see the question raised by OP then its pretty easy to answer, the Bitcoin's price will only grow when the demand of coin increases among the masses. Now many people are wandering why it will grow when demand increases ? Let me make clear to everyone that, Bitcoins are limited in number, this means no more Bitcoins can be created, so this make Bitcoins valuable. Now when the demand of the coin increases, the price will also increase in order to meet the demand of the people.

Chato1977

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Quote from: Oilacris on November 02, 2022, 02:58:56 PM

Quote from: Chato1977 on November 01, 2022, 05:40:41 AM

Quote from: bestcoins1 on October 31, 2022, 08:09:42 AM

Quote from: Chato1977 on October 29, 2022, 10:24:04 PM

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

That is clearly true, because sometimes there is also news that is not good for everyone to read, because it was deliberately made to provoke many people to read it, even though the content is very negative and it can greatly affect the minds of everyone who reads it. So I don't think all the news needs to be read if the content is almost the same.

Quote

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

I will also be disappointed if the news content is not meaningful, because I often read new things to find out what I don't know, but if I see news that leads to negative values, then I immediately ignore it and look for other better sources, because now there are so many websites providing the latest news with more accurate statements of facts.

and this also free out mind from overthinking mate , because the negativities from Long term holders are truly BS idea , better to forget the market for a while then this will help us lessen the thinking.

if downward trend stays then lets focus in holding.

For those who had been holding and accumulating cheap coins then it wont really be a stressful thing for them to mind off always on the price since we know on Bitcoins potential then that would be surely

enough for them to say that it is really just a right decision that had been made off.You cant really just make yourself to be on relax if you do keep on checking out the price or market condition
specially when you do make out short trades then this is where people do usually had these kind of emotions.

It would be common on saying that we do need positive news of recognition or adoption to make things upside down but within this market where everything
could really happen on random way.

Yes , but if this is what we all believe though the main problem here is that most are seeking for easy money , and when they did not get what targeted? then changes will come and blame will be for the market.

delete all apps of exchange , delete Cache and history so you may not check the market that soon.

Vaculin

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Quote from: Jet Cash on October 14, 2022, 07:22:23 AM

Time, just be patient.

Patient enough that you won’t get into panic selling once everyone is into it due to fears and less faith in bitcoin. Although we get to not controlled our emotions sometimes, but if you just chose to stay positive despite of the uncertainties in the market and believe that bitcoin is the future, you will never get tired and become fearful from investing bitcoin and hold it even for how many long years. Just wait for the right timing for bitcoin to become bullish, i know it’s still uncertain but we know it will eventually happen.

Russlenat

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Quote from: el kaka22 on October 23, 2022, 04:58:32 AM

One good news, if we get one good news then we are going to end up with everything alright, and that's not going to bother us as much. We just need to make sure that we are doing well enough and it should be fine. I understand that it's not going to be as simple, I know that it's going to take a while, but we need to make sure that we can hold long enough that ONE good news would make it go up.

If we can hang in there until that time comes, we are going to make a good profit, and when that happens it's going to actually make a big difference. I know that a lot of people get scared when they are investing, it's your money that you worked so hard for, but do not let fear make it even worse.

Good news and events will definitely make the price of bitcoin turns in an upward trend. So we should always be patient to wait for it as we won’t get the right timing when that good news will hit the crypto market. But as much as possible, learn to invest and hold for long term too, that way you can avoid from panicking because you are never too greed for fast and easy profits. And when positive news hit the market, then everything will be doing good and profitable at the end of the day.

Oilacris

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Quote from: Chato1977 on November 01, 2022, 05:40:41 AM

Quote from: bestcoins1 on October 31, 2022, 08:09:42 AM

Quote from: Chato1977 on October 29, 2022, 10:24:04 PM

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

That is clearly true, because sometimes there is also news that is not good for everyone to read, because it was deliberately made to provoke many people to read it, even though the content is very negative and it can greatly affect the minds of everyone who reads it. So I don't think all the news needs to be read if the content is almost the same.

Quote

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

I will also be disappointed if the news content is not meaningful, because I often read new things to find out what I don't know, but if I see news that leads to negative values, then I immediately ignore it and look for other better sources, because now there are so many websites providing the latest news with more accurate statements of facts.

and this also free out mind from overthinking mate , because the negativities from Long term holders are truly BS idea , better to forget the market for a while then this will help us lessen the thinking.

if downward trend stays then lets focus in holding.

For those who had been holding and accumulating cheap coins then it wont really be a stressful thing for them to mind off always on the price since we know on Bitcoins potential then that would be surely

enough for them to say that it is really just a right decision that had been made off.You cant really just make yourself to be on relax if you do keep on checking out the price or market condition
specially when you do make out short trades then this is where people do usually had these kind of emotions.

It would be common on saying that we do need positive news of recognition or adoption to make things upside down but within this market where everything
could really happen on random way.

STT

legendary

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Inflation expectations vs FED raising rates, they raised rates to near 4% today with warnings about controlling the money supply. Ultimately they are not going to reverse the amount they have over produced but they do wish to slow down the velocity and open exchange of currency to make it appear inflation is less.
When inflation and the fear of FED rate rises is reduced, partly because FED cannot raise forever it will cause recession then you will see BTC align to more speculative trends reappearing.

BTC has a big blip today on the FED news, Im cautiously optimistic it can build a positive trend if we maintain these current prices to build higher over some time.

Chato1977

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Quote from: bestcoins1 on October 31, 2022, 08:09:42 AM

Quote from: Chato1977 on October 29, 2022, 10:24:04 PM

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

That is clearly true, because sometimes there is also news that is not good for everyone to read, because it was deliberately made to provoke many people to read it, even though the content is very negative and it can greatly affect the minds of everyone who reads it. So I don't think all the news needs to be read if the content is almost the same.

Quote

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

I will also be disappointed if the news content is not meaningful, because I often read new things to find out what I don't know, but if I see news that leads to negative values, then I immediately ignore it and look for other better sources, because now there are so many websites providing the latest news with more accurate statements of facts.

and this also free out mind from overthinking mate , because the negativities from Long term holders are truly BS idea , better to forget the market for a while then this will help us lessen the thinking.

if downward trend stays then lets focus in holding.

fullhdpixel

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Quote from: Sebas.tian on October 27, 2022, 12:08:29 AM

Quote

Time, just be patient.

Yes, believe in your time that the price of Bitcoin will reach $100,000 in the crypto market soon and hold till the time come before you can sell to make a huge amount of income. Patient can also turn the price of Bitcoin from a downward to upward in the market, which many traders has experienced it before in the crypto market and it can still happen if you can embrace patient to hold your coins in this bearish season and wait for the price to hit $80,000 before you can sell to make a good profits. Faith can also turn the price of Bitcoin from downward to upward in the community, because it will be difficult for those that bought Bitcoin with faith some years ago in the crypto market not to wait for the bullish market to come.

Not only patiently hodling but if we really want the price to rise then we must accompany it with buying. It was also the investors are the ones who have a massive amount of patience but not really the traders since most of them will just buy and sell immediately. For them time is money so they shouldn't waste it.

You also mentioned faith there aside from patience but both of them can be a pair because if you don't have a faith in the coin that you invest or you don't believe that it will grow big in the future, you will also lose your patience easily. Those who invest in btc long time ago, can sell if they want to and they will still be in profit but of course it's better to sell only at the bull run.

YOSHIE

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I think this is the most accurate answer I’ve gotten so far

It seems I have to be a little patient lately judging and reading about Bitcoin speculation, it seems I have to stick to my stance and commitment to myself the continuation and direction of Bitcoin development now and in this year, it seems that such a method is a bit quieter for me, rather than having to see and read the direction of speculation which makes me a little sick to the count and towards the $$$$$ level.

I've seen and read about Bitcoin speculations to come, but still speculation experts are talking in an uncertain direction, today he says A$ tomorrow he says B$, this really confuses me, but I believe Bitcoin will go down again at the lowest point and will rise again to the highest point, but I don't want to mention how many $__$ numbers in have to calculate yourself.

bestcoins1

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Quote from: Chato1977 on October 29, 2022, 10:24:04 PM

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

That is clearly true, because sometimes there is also news that is not good for everyone to read, because it was deliberately made to provoke many people to read it, even though the content is very negative and it can greatly affect the minds of everyone who reads it. So I don't think all the news needs to be read if the content is almost the same.

Quote

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

I will also be disappointed if the news content is not meaningful, because I often read new things to find out what I don't know, but if I see news that leads to negative values, then I immediately ignore it and look for other better sources, because now there are so many websites providing the latest news with more accurate statements of facts.

STT

legendary

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Thats why I always prefer the chart to guessing which news made us move. Even if it appears obvious on a big move and big news, its usually also the case the preparation before the rise was there and buyers outweighed sellers. Chart wise we are moving optimistically, only thing news to relate to that is a lower dollar and some relief in the European war dynamic, raising euro in ratio to dollar is considered expansionary and so helps lightened the weight on speculative assets such as BTC.
Recent low was higher then previous, a series of higher lows is bullish price action.

Chato1977

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

KennyR

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Quote from: Baofeng on October 27, 2022, 05:32:05 PM

Quote from: OgNasty on October 26, 2022, 11:10:16 PM

I can think of three things that would propel the price of Bitcoin upwards. Mostly it’s the removal of doubt and time though. The biggest doubt hanging over the market being the mtgox coins. Once those are distributed a huge weight will be lifted from the price. An ETF approval would also send Bitcoin skyward. Finally, besides increased adoption, the block reward halving will also tip the supply/demand towards the bulls.

Yeah, I think the ETF might boost the market in the next bull run, or maybe another country like El Salvador or at least another nation joining the picture. Or maybe a huge company like Tesla or a Michael Saylor type of billionaire.

So there are still a lot of source of money that will propel bitcoin to the next bull run. And the expectation is the 6 digits will be hit in 2024-2025 so we will see. We just need to wait for the right time. We can't just force things in this market as it has it's own path and catalyst which is the block halving.

More predictions on the reason for the next bull market makes the newbies have some satisfaction on the price increase. For users who have experienced the down market and it's upward movement, it is fine to go without any fear/panic.

The demand has to increase through some means. This will push the price forward and in recent days we haven't experienced any such incident. As mentioned a country to make it legal tender following El Salvador could trigger the price bounce. At any point it won't be serving as the key for real growth. As most users suggested it is time to have patience for the right time to profit.

Falconer

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Quote from: Baofeng on October 27, 2022, 05:32:05 PM

Yeah, I think the ETF might boost the market in the next bull run, or maybe another country like El Salvador or at least another nation joining the picture. Or maybe a huge company like Tesla or a Michael Saylor type of billionaire.

Some institutions can play a role in a bull market, but I don't expect us to always rely on them. Increased adoption and halving are the two things that drive investors the most regardless of the goal.

Quote from: Baofeng on October 27, 2022, 05:32:05 PM

So there are still a lot of source of money that will propel bitcoin to the next bull run. And the expectation is the 6 digits will be hit in 2024-2025 so we will see. We just need to wait for the right time. We can't just force things in this market as it has it's own path and catalyst which is the block halving.

Yes, I agree about the halving but I don't know when this bull will start. In fact we are still in a prolonged bearish phase after last year's ATH, but even if that's true then I think this is the best time to get some bitcoin. Buy and hold, that's really good advice now.

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Quote from: KingsDen on October 27, 2022, 04:03:22 PM

Quote from: suzanne5223 on October 25, 2022, 07:08:51 PM

Quote from: KingsDen on October 25, 2022, 05:06:53 AM

There are two major things that will make bitcoin to enter into bullish trend, and these things are; positive fundamentals .If there is strong news about bitcoin that is positive maybe news of more companies or government adopting Bitcoin, there will be upward movement of Bitcoin but this does not last for long, it is just a temporary solution.

Secondly and the most important is the halving that is been expected by 2024/2025. That is the target of every bitcoiner. The movement may likely get bitcoin a new ATH.

Yes, strong positive news and halving ^{(which is also called the 4 years cycle)} always create an impact on the market's next trend but we shouldn't ignore the mining difficulty either because it's also one of the things that determine the market's next trend. I could remember when Bitcoin was forked by Ver then when Bitcoin Cash was introduced there was a lot of sundering and misunderstanding among the miners this led to the downtrend in the price of BTC until every issue is resolved.

Forking is one of the factors that drag bitcoin to the blood pool. But for till the next halving and more, we are not expecting any kind of hard fork. The miners are all in agreement, any type of forking that is necessary to improve the bitcoin network will be soft forked.

However, there could be hard forking after the next having, especially when the reward must have halfed again. There would be some issues in the transaction fees which could lead to some disagreements in the network.

Honestly, the BCH hard fork or any that will happen in the future doesn't have the potential to drag BTC into the blood pool Ver didn't play a logic manipulation within the miners and I don't know if you have seen one of his Tweet where he said "he can't believe people think BTC is Bitcoin" which is one of the strategy of causing fud. Besides, he would have been among the Craig Wright movement if Craig didn't stab him in the back.

As you said, we can't expect any fork now until it is bullish season but there's going to be BTC hard fork in the future.

Baofeng

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Quote from: OgNasty on October 26, 2022, 11:10:16 PM

I can think of three things that would propel the price of Bitcoin upwards. Mostly it’s the removal of doubt and time though. The biggest doubt hanging over the market being the mtgox coins. Once those are distributed a huge weight will be lifted from the price. An ETF approval would also send Bitcoin skyward. Finally, besides increased adoption, the block reward halving will also tip the supply/demand towards the bulls.

Yeah, I think the ETF might boost the market in the next bull run, or maybe another country like El Salvador or at least another nation joining the picture. Or maybe a huge company like Tesla or a Michael Saylor type of billionaire.

So there are still a lot of source of money that will propel bitcoin to the next bull run. And the expectation is the 6 digits will be hit in 2024-2025 so we will see. We just need to wait for the right time. We can't just force things in this market as it has it's own path and catalyst which is the block halving.

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Quote from: OgNasty on October 26, 2022, 11:10:16 PM

I can think of three things that would propel the price of Bitcoin upwards. Mostly it’s the removal of doubt and time though. The biggest doubt hanging over the market being the mtgox coins. Once those are distributed a huge weight will be lifted from the price. An ETF approval would also send Bitcoin skyward. Finally, besides increased adoption, the block reward halving will also tip the supply/demand towards the bulls.

Agree on that Mt. Gox funds to e released into its creditors which do really give out that kind of fear and doubts which the price do really goes bottom or into the floor which we could really say that it could really affect investors confidence on making investment.

The nearest thing that I do see where this market could have some changes in trend is on that 4 year cycle of Bitcoin which does give out those positive impressions and most likely we would be seeing where bull run starts.
In overall, it cant really be determined on when it would happen since we know that the market could potentially rise its price without having those reasons that we had mentioned.
Its totally unpredictable.

KingsDen

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Quote from: suzanne5223 on October 25, 2022, 07:08:51 PM

Quote from: KingsDen on October 25, 2022, 05:06:53 AM

There are two major things that will make bitcoin to enter into bullish trend, and these things are; positive fundamentals .If there is strong news about bitcoin that is positive maybe news of more companies or government adopting Bitcoin, there will be upward movement of Bitcoin but this does not last for long, it is just a temporary solution.

Secondly and the most important is the halving that is been expected by 2024/2025. That is the target of every bitcoiner. The movement may likely get bitcoin a new ATH.

Yes, strong positive news and halving ^{(which is also called the 4 years cycle)} always create an impact on the market's next trend but we shouldn't ignore the mining difficulty either because it's also one of the things that determine the market's next trend. I could remember when Bitcoin was forked by Ver then when Bitcoin Cash was introduced there was a lot of sundering and misunderstanding among the miners this led to the downtrend in the price of BTC until every issue is resolved.

Forking is one of the factors that drag bitcoin to the blood pool. But for till the next halving and more, we are not expecting any kind of hard fork. The miners are all in agreement, any type of forking that is necessary to improve the bitcoin network will be soft forked.

However, there could be hard forking after the next having, especially when the reward must have halfed again. There would be some issues in the transaction fees which could lead to some disagreements in the network.

Sebas.tian

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Quote

Time, just be patient.

Yes, believe in your time that the price of Bitcoin will reach $100,000 in the crypto market soon and hold till the time come before you can sell to make a huge amount of income. Patient can also turn the price of Bitcoin from a downward to upward in the market, which many traders has experienced it before in the crypto market and it can still happen if you can embrace patient to hold your coins in this bearish season and wait for the price to hit $80,000 before you can sell to make a good profits. Faith can also turn the price of Bitcoin from downward to upward in the community, because it will be difficult for those that bought Bitcoin with faith some years ago in the crypto market not to wait for the bullish market to come.

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I can think of three things that would propel the price of Bitcoin upwards. Mostly it’s the removal of doubt and time though. The biggest doubt hanging over the market being the mtgox coins. Once those are distributed a huge weight will be lifted from the price. An ETF approval would also send Bitcoin skyward. Finally, besides increased adoption, the block reward halving will also tip the supply/demand towards the bulls.

Silberman

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Quote from: Kayeshlyn on October 26, 2022, 12:39:24 AM

Bitcoin has finally managed to surpass the psychological barrier, which is currently at US$ 20,000 more, after sticking to a price range of roughly US$ 19,000 for more than a month.

Is this the most recent proof that different nations have accepted Bitcoin as a financial product?

I do not see any kind of relationship between those two concepts, bitcoin is above 20k but just barely, the price could always go below that level if it remains as close as it is right now for a long time, so it is too soon to think that we are somehow seeing a monumental change in the overall trend bitcoin has been during the last months, with this in mind it is better to tone down our enthusiasm and see if bitcoin can remain above that price and put even more distance between its price and such an important support level.

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Bitcoin has finally managed to surpass the psychological barrier, which is currently at US$ 20,000 more, after sticking to a price range of roughly US$ 19,000 for more than a month.

Is this the most recent proof that different nations have accepted Bitcoin as a financial product?

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Quote from: KingsDen on October 25, 2022, 05:06:53 AM

There are two major things that will make bitcoin to enter into bullish trend, and these things are; positive fundamentals .If there is strong news about bitcoin that is positive maybe news of more companies or government adopting Bitcoin, there will be upward movement of Bitcoin but this does not last for long, it is just a temporary solution.

Secondly and the most important is the halving that is been expected by 2024/2025. That is the target of every bitcoiner. The movement may likely get bitcoin a new ATH.

Yes, strong positive news and halving ^{(which is also called the 4 years cycle)} always create an impact on the market's next trend but we shouldn't ignore the mining difficulty either because it's also one of the things that determine the market's next trend. I could remember when Bitcoin was forked by Ver then when Bitcoin Cash was introduced there was a lot of sundering and misunderstanding among the miners this led to the downtrend in the price of BTC until every issue is resolved.

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

sorry but I am not a fan of Instagram so I don't need to click that link and besides you can post it here clearly followed by that link so we can read it before hand.

Quote from: Pierre 2 on October 23, 2022, 11:32:42 PM

As I guessed before watching the video, his response was careful and the most basic one. Yeah its expected to see Bitcoin going more down in next couple of months because of FED. Although FED cannot stay like this forever. They are fixing inflation but in the end, they are gonna have another issues that they will fix with printing more dollars. So its like we should wait probably 6 more months before Bitcoin going upwards trend.

at least not this coming November and December mate? what you think? the recession will take effect next year?

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There are two major things that will make bitcoin to enter into bullish trend, and these things are; positive fundamentals .If there is strong news about bitcoin that is positive maybe news of more companies or government adopting Bitcoin, there will be upward movement of Bitcoin but this does not last for long, it is just a temporary solution.

Secondly and the most important is the halving that is been expected by 2024/2025. That is the target of every bitcoiner. The movement may likely get bitcoin a new ATH.

Smack That Ace

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Quote from: virasog on October 22, 2022, 06:21:39 PM

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Everyone has their own opinion, and no one knows exactly how low bitcoin can go. Usually what the majority of the people thinks, bitcoin never does to that value. I remember that in 2020, when bitcoin reached around 3800$, people were antecipating 1000$ too but it never reached that value.
This time people are looking for 12,000$ to be the ultimate bottom. I think either bitcoin will not reach this value or it may fall even further to 8000$ (which is more unlikely to happen) and make the final bottom for this market.

Going against the crowd that is what I often see in this market, when people predict bitcoin will never go high, it will surprise everyone and vice versa. That's why I think the market is still being manipulated, I believe there are really big shark teams and they are watching what the crowd thinks and what they will do to their advantage. Not only bitcoin but this also happens with other altcoins, like Ethereum, when everyone thinks it will go up in price after the merger and people buy it hoping to be able to make a profit afterward. In the end, the crowd was disappointed and I didn't buy at the time because I didn't like following the crowd.

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Quote from: lixer on October 22, 2022, 05:49:23 AM

A lot of us could care whatever the movement btc is making because each of us has our own goals. One is to sell for a profit so they don't want the price to go down at the moment but for those who already done selling, they are now waiting for the price to go down so that they can buy bitcoins again. For now, no one knows what can happen since the market is so confusing so better not expect much.

it is depend on your plans and strategy but Indeed that many of us take this advantage to purchase and hold, only few are selling as this is not really a best interest in this bear market.

Quote from: boltz on October 24, 2022, 04:34:27 AM

I think BTC halv should get things started again. Unfortunately , the next halv is in Apr 18, 2024 01:59:44 AM UTC around that time so we are still 1.6 years away.

Any other reasons for BTC to pump would be the cycle between pumps so technically we should have a pump on late 2023 beginning of 2024 and this is what my predictions has always been and still believing that BTC should be under 15k$.

and that will take effect in at least months or even a year before we finally taste its flavor?

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I think BTC halv should get things started again. Unfortunately , the next halv is in Apr 18, 2024 01:59:44 AM UTC around that time so we are still 1.6 years away.

Any other reasons for BTC to pump would be the cycle between pumps so technically we should have a pump on late 2023 beginning of 2024 and this is what my predictions has always been and still believing that BTC should be under 15k$.

peter0425

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Quote from: Reid on October 22, 2022, 09:07:14 AM

When a miracle comes down and tells us our economy will be in good shape with a snap of his fingers.

wish this will happen Grin

imagine just a slap of fingers things will be better in favor of economy?

Quote

Look at the news. The value of Bitcoin doesn't rely with whales only, but it also reacts with small investors who are now having a hard time to trust investments as they are securing their money for worst thing to come.

small investors only brings small effect , not unless everyone will invest in single coin then there will be big difference.

Quote

I don't doubt the power of Bitcoin but there's a limit to how people can afford it especially in this trying times.
An upward trend will only happen if they feel secure about their jobs and that's where they can afford to invest, increasing the demand of Bitcoin once again.

if you don't doubt bitcoin then you must understand that you need to wait for at least semi long term.

Captain Corporate

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Quote from: Silberman on October 24, 2022, 12:34:06 AM

You are both right and wrong at the same time. We are not in control as in not individually and we could try to do whtever we can and we will fail to control the price. However, we are in control as a group, its the people that make it go up and down, the people who buy and sell are the reason why price goes up or down. That is why I personally believe that we shouldn't really be shocked to see how price changes a lot when there is a good or bad news, because people react to those news and we either buy or sell and the price changes because of that. This is why everyone is in charge of bitcoin and nobody is in charge at the same time.

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Quote from: Fundamentals Of on October 23, 2022, 08:58:43 PM

I maintain that no answer is accurate. The market has its own timing. Not everything is expected and on a strict schedule. That has been proven over and over again. What is important at this point is that we accumulate because we are already low. But since there is indeed a possibility that the price would still be falling down further, it might be wise not to go all in. DCA has always been better. It's always good to have some funds set aside just in case Bitcoin would reach $12,000, although I hope not.

The illusion of control is too strong on some people, obviously we can speculate about what bitcoin may do during the next months and years, but at the end we have no control about what happens with the market and we only have control of our own actions, it is because of this illusion we see people mad when the market does not move the way they predicted and instead of simply adapting to this situation they get mad at the markets for being wrong, and a recent example of this happened recently with ethereum and the merge, in which many people predicted an upward movement for ethereum after the merge and when it did not happened they got mad about it.

Pierre 2

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As I guessed before watching the video, his response was careful and the most basic one. Yeah its expected to see Bitcoin going more down in next couple of months because of FED. Although FED cannot stay like this forever. They are fixing inflation but in the end, they are gonna have another issues that they will fix with printing more dollars. So its like we should wait probably 6 more months before Bitcoin going upwards trend.

Fundamentals Of

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I maintain that no answer is accurate. The market has its own timing. Not everything is expected and on a strict schedule. That has been proven over and over again. What is important at this point is that we accumulate because we are already low. But since there is indeed a possibility that the price would still be falling down further, it might be wise not to go all in. DCA has always been better. It's always good to have some funds set aside just in case Bitcoin would reach $12,000, although I hope not.

el kaka22

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One good news, if we get one good news then we are going to end up with everything alright, and that's not going to bother us as much. We just need to make sure that we are doing well enough and it should be fine. I understand that it's not going to be as simple, I know that it's going to take a while, but we need to make sure that we can hold long enough that ONE good news would make it go up.

If we can hang in there until that time comes, we are going to make a good profit, and when that happens it's going to actually make a big difference. I know that a lot of people get scared when they are investing, it's your money that you worked so hard for, but do not let fear make it even worse.

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Everyone has their own opinion, and no one knows exactly how low bitcoin can go. Usually what the majority of the people thinks, bitcoin never does to that value. I remember that in 2020, when bitcoin reached around 3800$, people were antecipating 1000$ too but it never reached that value.
This time people are looking for 12,000$ to be the ultimate bottom. I think either bitcoin will not reach this value or it may fall even further to 8000$ (which is more unlikely to happen) and make the final bottom for this market.

freedomgo

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Quote from: Jet Cash on October 14, 2022, 07:22:23 AM

Time, just be patient.

Short but precise. If we can be patient the whole time and never gets panic every time the market price for bitcoin drops, then there’s no reason we won’t see an upward trend. Maybe we should also change the mindset of most of the investors and traders to stay positive all the time, and always maximize your investments when there is bear market as it’s the best entry of the year. The moment you see bitcoin’s price upward trend, that would be the best exit and sell our coins for huge profits.

Reid

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When a miracle comes down and tells us our economy will be in good shape with a snap of his fingers.
Look at the news. The value of Bitcoin doesn't rely with whales only, but it also reacts with small investors who are now having a hard time to trust investments as they are securing their money for worst thing to come.
I don't doubt the power of Bitcoin but there's a limit to how people can afford it especially in this trying times.
An upward trend will only happen if they feel secure about their jobs and that's where they can afford to invest, increasing the demand of Bitcoin once again.

STT

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Who is the person talking, they arent introduced though its a fair argument I guess. The problem I have is that crypto is not reliant on just one thing like a government or related body issuing a declaration that would be quite a weakness and quite centralized. Also even within that argument, the FED has no need to start printing again for prices to rise as literally the man mentions inflation which is the weakness of currency and ongoing price rises. To suggest we have inflation and so BTC will not rise is contradictory or your belief BTC is very much weaker then any other asset or form of value exchange.

BTC is highly speculative so this theory or many others is valid to discuss but this is also the explanation, we do rise too fast very often and so now we have a lull once again its boring and patience is tested. None of this is new, BTC price cannot always rise; I can only give my brief opinion having seen a couple cycles that BTC is doing ok long term and comparatively FIAT paper is distressed dont mix those two up thats the correct order despite this BTC pull back.

lixer

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Quote from: rodskee on October 18, 2022, 03:05:07 AM

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

yeah another Instagram account to be followed , lol if bitcoin tend to go down there is nothing we can do but accept it so either will go down turn or up? who really cares while the whole world now is suffering ?

Upward will surely come but it is about TIME to expect.

but if this going to happen this soon? then I will be in favor as i am buying a chunk with that low price .

There is one or more things that we can do when the market is falling down and that would be; buying, selling at a loss, and just simply hodling. Buying can prevent the price to dump more if more people are going to do it and it can even help the price to recover and rise.

A lot of us could care whatever the movement btc is making because each of us has our own goals. One is to sell for a profit so they don't want the price to go down at the moment but for those who already done selling, they are now waiting for the price to go down so that they can buy bitcoins again. For now, no one knows what can happen since the market is so confusing so better not expect much.

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

It is a sort of underestimating the market and it is because nobody is capable enough to move the market wherever he/she wants to go. We can manipulate some coins at it move temporarily but if we talk about Bitcoin, you simply never think about in a decentralized project like this. It was just an assumption that barely not to happen in real scenario. Bitcoin move freely, it pump and it dumps depending on the market situation and demand and supply, not because of someone is controlling on it.

onecall123

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That won't happen. The area between 12-13 appears to be a pretty good confluence, but I don't think it will get that far. However, accumulating BTC in the 19K range is still very expensive for most people.

It's a bit long. This price level has been at this level for almost four months. It is the last nuke that everyone is waiting for. The moment won't come when anyone expects it.

There will be volatility soon! A big move is just around the corner?

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I don’t think the market will turn until the mtgox coins are distributed even though history would point to the bottom of this cycle being found in the next month. There is just a lot of unknown hanging over the market at the moment. I believe once the recession has started taking people’s jobs and they’re forced to liquidate their crypto holdings and most everyone who trades has gone short hoping for the gox coins to crash the market, then it will quickly and violently turn to the upside, wiping out shorts in the process.

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The BTC market shows positive growth for a very long time. Investors earned a lot of money. Now the market is consolidating to clean shit projects and weak hands. These same patterns are repeated in every BTC bull and bear cycle. If a year goes mostly bull then next year will be bear. This year already ended so there is a chance that the BTC market will gain momentum next year.

adaseb

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Still pretty much sideways day. There is a small chance that tomorrow we might see some volatility because there is like $8Billion worth of ETH and BTC options that expire.

Honestly however most likely nothing will happen. We get these huge expires pretty frequently and most of the time nothing happens.

However if they are surpressing price due to some option waiting to expire then it’ll be apparent tomorrow.

lienfaye

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Hype and demand can make the price increase. But some people are just waiting for the price to increase again, that's what they think the time for them to engage themselves because they don't want to be left out hence they want to join the ride. But at this point the price doesn't have a huge changes and just moving sideways for months now. It's not bad actually because it's a time for us to accumulate while we still can.

It really takes patience for investors to gain because the price of Bitcoin is unpredicted. Thus, instead of wondering for the reasons that can influence the price to increase, much better to focus on what you can do at this time for your own benefit so if the price turn upward again you won't have regret that you didn't do something.

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far

There is not a single reason why the price of bitcoin goes down and the same is true when it goes up, it is a combination of factors and right now the conditions are nowhere near ideal for this to happen, we need to wait for a few years before the next bull market is ready to appear, but that is not a problem as you can use all of that time available to buy more bitcoin, learn how to trade, code a trading bot or do whatever you think you need in order to become profitable during the next bull run.

Mahanton

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Quote from: $crypto$ on October 19, 2022, 12:05:58 PM

Quote from: dunfida on October 18, 2022, 04:59:19 PM

Patience would be mainly tested out when you do deal up with crypto space specially with Bitcoin.If we do speak about factors that make the market to move upward then it would definitely pertains about
recognition and adoption and overall everything is totally random which we cant really able to precisely tell on when it would happen.Whether on some bullish fundamentals or
would just simply make out some random movements which is really that a very common behavior.

This is why its really that important that you should really be making out some accumulation while the market is still on bears.

Especially when the mental bear market will be tested for a long time and it is with patience that we can relieve the anxiety of this unpredictable market reaction, of course, that factor will be common in all of the news acknowledgments out there but it can't be. determined to go bullish but indeed we are still in a fairly difficult economic period which causes prices to be bearish too, the conclusion is that no one knows when this will end but for sure we must persist in this case.

It do really raises up some stress and anxiety if you do really make yourself do keep predicting on what would be the price or making yourself been expecting that a particular time or moment
where the price do make out some movement.On the times where economic problems been around then it is really hard to push for people to make out investment and this is the result which
isnt really that affecting only traditional markets but also in other markets as well.Everything would turn out to be green if economic situations seems to neutralize or at least we are seeing some good
news which will really be able to change up the entire trend but now one really knows on when it would be.

$crypto$

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Quote from: dunfida on October 18, 2022, 04:59:19 PM

Patience would be mainly tested out when you do deal up with crypto space specially with Bitcoin.If we do speak about factors that make the market to move upward then it would definitely pertains about
recognition and adoption and overall everything is totally random which we cant really able to precisely tell on when it would happen.Whether on some bullish fundamentals or
would just simply make out some random movements which is really that a very common behavior.

This is why its really that important that you should really be making out some accumulation while the market is still on bears.

Especially when the mental bear market will be tested for a long time and it is with patience that we can relieve the anxiety of this unpredictable market reaction, of course, that factor will be common in all of the news acknowledgments out there but it can't be. determined to go bullish but indeed we are still in a fairly difficult economic period which causes prices to be bearish too, the conclusion is that no one knows when this will end but for sure we must persist in this case.

cryptomaniac_xxx

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Quote from: GeorgeJohn on October 18, 2022, 05:55:07 PM

Bitcoin increment is been determined by the gravity or the force of investors who just come up or enters into the investment platform, so making a big suggestion that Bitcoin is going to experience more depreciation in the market and to the extent of reaching fifteen thousand (15k) is just a personal opinion or suggestions, because Bitcoin can rise now and within a short time bitcoin increase, so therefore the price of Bitcoin is not constant or fixed.

I mean it's a question on what affect the price movement, yes, it's possible to move down to $15k, but what will be the cause? does it mean that investors are tired and will just have to sell at this point so that the price will go down that low?

Or is the reason is that the global recession is forthcoming, lots of uncertainty and we don't know what will happen to the world because everyone seems to be feeling the effect of the war and other geo-political thing around.

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Bitcoin increment is been determined by the gravity or the force of investors who just come up or enters into the investment platform, so making a big suggestion that Bitcoin is going to experience more depreciation in the market and to the extent of reaching fifteen thousand (15k) is just a personal opinion or suggestions, because Bitcoin can rise now and within a short time bitcoin increase, so therefore the price of Bitcoin is not constant or fixed.

Vinaa77

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

There is no accurate answer on this. They all also speculate in terms of Bitcoin price. Everyone can predict the price of Bitcoin in the future, either a year or two. I think from various variations of opinion, there will be one right. If you read the 2019 news, there is all sorts of speculation about the price of Bitcoin, ranging from $50k, to $150k. And they're all great people, billionaires.

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Quote from: $crypto$ on October 18, 2022, 02:26:35 PM

Quote from: Oceat on October 15, 2022, 05:58:17 PM

I hope so... $12k to $15k is a bit low but if it will happen then that's a good time to buy even more. Maybe that might be possible since in the last bear the lowest price was in $3k but we just have to be patient for that to happen and there's no need to be hasty for everything since it will eventually go there. Everything is just about waiting and see how long it will take to change the market price.

Just like what the above said "time" will move everything.

The lower you have to buy the more you buy and don't miss it... but if you want even lower then be patient and wait for the right time but for me Bitcoin can't be as low as $12k so that moment is not in my mind even though in the future it will happen but I don't care if I have spare money to buy then I buy again when the market price has changed, but my average purchase is $19k which is quite low in my opinion.

Yes, time will move the market price, it may go down, it may go up, it's our decision to stay patient. Grin

Patience would be mainly tested out when you do deal up with crypto space specially with Bitcoin.If we do speak about factors that make the market to move upward then it would definitely pertains about
recognition and adoption and overall everything is totally random which we cant really able to precisely tell on when it would happen.Whether on some bullish fundamentals or
would just simply make out some random movements which is really that a very common behavior.

This is why its really that important that you should really be making out some accumulation while the market is still on bears.

$crypto$

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Quote from: Oceat on October 15, 2022, 05:58:17 PM

I hope so... $12k to $15k is a bit low but if it will happen then that's a good time to buy even more. Maybe that might be possible since in the last bear the lowest price was in $3k but we just have to be patient for that to happen and there's no need to be hasty for everything since it will eventually go there. Everything is just about waiting and see how long it will take to change the market price.

Just like what the above said "time" will move everything.

The lower you have to buy the more you buy and don't miss it... but if you want even lower then be patient and wait for the right time but for me Bitcoin can't be as low as $12k so that moment is not in my mind even though in the future it will happen but I don't care if I have spare money to buy then I buy again when the market price has changed, but my average purchase is $19k which is quite low in my opinion.

Yes, time will move the market price, it may go down, it may go up, it's our decision to stay patient. Grin

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

yeah another Instagram account to be followed , lol if bitcoin tend to go down there is nothing we can do but accept it so either will go down turn or up? who really cares while the whole world now is suffering ?

Upward will surely come but it is about TIME to expect.

but if this going to happen this soon? then I will be in favor as i am buying a chunk with that low price .

Oceat

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I hope so... $12k to $15k is a bit low but if it will happen then that's a good time to buy even more. Maybe that might be possible since in the last bear the lowest price was in $3k but we just have to be patient for that to happen and there's no need to be hasty for everything since it will eventually go there. Everything is just about waiting and see how long it will take to change the market price.

Just like what the above said "time" will move everything.

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Quote from: livingfree on October 14, 2022, 10:39:59 AM

Quote from: Jet Cash on October 14, 2022, 07:22:23 AM

Time, just be patient.

I agree.

It is going to be a matter of time. Halving, economic recovery and other factors that will affect bitcoin's price.

That is why, do not panic if you do not like what you are seeing for now because it will change soon.

Yes, it’s just too simple, change your mindset and be patient. Everything is set to happen on its own time. However, if you want the bullish trend to be faster as it is, then find some significant investors that will invest very huge amount on bitcoin, and then let them hold their investments for long. That way, bitcoin price will surge and skyrocket. But I guess, first time crypto investors will just invest and end up panic selling whenever bitcoin price suddenly drops, so bitcoin will not be bullish at all.

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I honestly think it will be the employment numbers. Right now we are looking at CPI but pretty soon we will be looking at employment numbers. When people start to lose jobs, that means the fed will pivot and it’ll be the bottom for stocks and crypto.

Won’t happen overnight. And with last CPI and these yields we are getting it looks like the bottom probably isn’t in yet. So far these fed rate increases did very little for inflation.

minime0105

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

All this are quote assumptions, and having the faith that Bitcoin will experience such stage or State of values, i will disagree with you, because bitcoin investment doesn't have a particular bitcoin itself decrease to zero, what Bitcoin experience is depreciation and increment, because i believe that have its way of understanding it's increment or regaining potentiality. Bitcoin analysis can be make through anyone, so i believe since it's depreciating in value and it will reverse the case.

EdenHazard

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The last time we move from $3,000 to $20,000 it was due the crisis , virus crisis and someone like elon musk come ... making a chaos through his tweets , yes just a couple tweets and some his company movements involving bitcoin , from that time the price skyrocketing and oh yeah a 4 year event halving.

So whenever we have got those instruments back , which many predicted will come later at the end of 2024 or so.

Mahanton

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

We do need recognition
We do need adoption
We do need demand
We do need positive news/fundamentals

Just like the rest been saying that we should really be patient.We dont know on where this market would be heading
but at least we've seen the potential on where it would be going.
Patience is really been tested on these times where long bear markets could really give us some doubt.

goldkingcoiner

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Activity: 2268

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A Bitcoiner chooses. A slave obeys.

You newbies should refrain from panicking over every dip. I understand Bitcoin volatility is something new to you guys but do not flip-flop your trades until you made gigantic losses from either missing the pumps or grinding down your funds with trading fees. Its never worth it to panic. Be strong.

Posting topics like this one might give you the false impression that we somehow know what the price will be better than most people, or perhaps you want to crowd-source the most probable price prediction. But at this does is make you more worried and make others more worried as well.

Whales use this against you to buy your coins at unfairly cheap prices.

CryptoHeadlineNews

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

For me, I see no big difference with what he just said in the video above, because its actually not new as we have heard stories like this countless number of times. People will always have what to say when Bitcoin move towards a certain direction, just like the above statement, because we have actually been in a down trend for quite a long while, of which there is every tendency for someone suggesting a further down fall. So for me, the best thing is to just be patient while we hope for an upward movement as its price break the $20k resistance up🚀

kryptqnick

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Join the world-leading crypto sportsbook NOW!

I don't think halving's got much to do with it, or that any real major event is needed for a bull market to start. What IMO matters more is media coverage. If something even small is widely covered in a way that triggers FOMO, people are likely to start buying more of BTC, get excited, increase the demand, ensure the growth of the price. It can be a country introducing favourable crypto regulations, some financial expert saying something positive about Bitcoin, some company starting to accept Bitcoin as payment. Sometimes things like that go without notice, but other times they grab attention and trigger something. I think the same, pretty much, goes for downward trends.

Doan9269

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again

Anything aside tge demand and supply for bitcoin which serve as the major determinant, but have you also forgotten that bitcoin is volatile and volatility is not a one sided effect, it's both for the rise and fall in bitcoin price and all you need is to have a good knowledge of when to oush in for either buying ir selling and most importantly if you are investigating, you must learn to be patient enough to hodl.

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Jet Cash on October 14, 2022, 07:22:23 AM

Time, just be patient.

I agree.

It is going to be a matter of time. Halving, economic recovery and other factors that will affect bitcoin's price.

That is why, do not panic if you do not like what you are seeing for now because it will change soon.

Rruchi man

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Top-tier crypto casino and sportsbook

If we had an exact idea of what we can do to make the price of bitcoin go up quickly, I am sure we will be doing it already.

Quote from: Jet Cash on October 14, 2022, 07:22:23 AM

Time, just be patient.

True! and even when bitcoin starts going up...don't get too comfortable thinking that it will never go back down again. There will always be upward and downward movement until somehow the price becomes stable. We all just have to be patient and dedicated to bitcoins, time is just all it will take.

buwaytress

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Quote from: Taskford on October 14, 2022, 07:31:42 AM

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see bitcoin remain at the low price but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

No, we don't. Speculators need hype but I'm really keen on the slow grind, building value on strengthening fundamentals. You can't "build up in the ecosystem" on hype, really. Look at El Salvador and where that's got them.

Besides, the altcoin markets are readily available if you're looking for hype. Plenty of that poured on generously every waking moment.

TribalBob

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Activity: 1330

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DGbet.fun - Crypto Sportsbook

people can think anything about bitcoin, predict any price, but all need patience to achieve it all, my advice is to avoid the media for now because there is too much negative news for bitcoin,

SquirrelJulietGarden

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Activity: 1442

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Block halving and its total supply 21M are ones you should care about. Others you read, watch or hear, they are not important and are not real reasons for Bitcoin price increases when it happen.

Bitcoin will turn from downward to upward when whales test and find that most of weak hands are out and they (whales) can control the market. They will start to pump it with news that you will believe in. In fact those news released when price is up or down is not real reason. Reason is whether it is a time for whales to pump or dump the market.

BlackHatCoiner

legendary

Activity: 1512

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Farewell, Leo

I'd advice you to not look on social media when it comes to bitcoin. There's absolutely no way to time the market if you're not a broker or another company that owns valuable data that can help you make some judgements in the short term. And believe me, this kind of data isn't worth zero to be shared in places like YouTube, Instagram, Facebook and TikTok. Pretty much the opposite; it's worth a lot.

TLDR: Trust nobody. Opinions are like assholes. No guru wants your good.

burugcrypto

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Activity: 44

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Hype can keep the price high only for certain time.

Acceptability and usability should be increased. Its the permanent solution.

Either big corporates or atleast one developed country should start accepting bitcoin as a payment

spectre71

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It's easy, it pretty much follows the markets.

Allot of bad news still to come, probably another 75 basis points in Nov. Housing crash, a bank failure or two, some exchange drama and all. When the bad things are over, then.

Predictions, hope, wants, needs and big shot and nobody Youtubes mean nothing and mostly wrong.

Buy on bad news sell on hope-n-fomo....

cheezcarls

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Looking for gigs

Quote from: Taskford on October 14, 2022, 07:31:42 AM

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see bitcoin remain at the low price but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

Kinda agree though. But I don’t think it will work that easily as of this time. Elon Musk hype is over and cannot be revived. It was short lived. We just simply do not know what kind of hype would that be this time around if we wanted Bitcoin to go to the moon again.

Probably the next Bitcoin halving? Although no guarantees or promises that the pump after Bitcoin halving will happen, the best time to prepare is when things go quiet like what we have today.

piebeyb

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Bitcoin Trader

Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

I call it a 4 year cycle which I always discuss in this thread Bitcoin price with a 4 year cycle? it would be nice if you read also the opinion of all the communities in that thread to see how they have their own point of view on the cycle, this year indeed we are in a bear market and i always say price will not go below $15k or $10k , because i know the price will not be far from the $20k mark when you see the price drop below $19k it will come back up again near $20k, so it will continue to wait for the right time to recover and really enter a bull market to be precise next year

Taskford

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Quote from: Superdoctor on October 14, 2022, 07:15:12 AM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see bitcoin remain at the low price but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

dimonstration

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Activity: 2758

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Dimon69

If there’s really definite answer I think the price should on bullrun now because everybody wants a bullrun and even a simple is the solution is still very hard to do because we have different perspective on how we will do our investment. I doubt that the video contains the accurate answer.

Simply all us buying together and never sell will answer your question and doesn’t need a complex analysis to come up with a good strategy to have a reversal trend. Cheesy

Jet Cash

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https://JetCash.com

Time, just be patient.

Superdoctor

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I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Topic: What’s going to make Bitcoin turn from a downward to an upward trend? (Read 815 times)