Topic: Will Bitcoin Always Be in an Uptrend? - page 2. (Read 950 times)
true, and this even happened when the halving started. according to my observations in recent times the price of bitcoin has been stable between $65k-$70k, and no one knows when this situation will end. After this situation ends there are two possibilities that will occur, namely the first possibility is bullish and the second possibility is bearish. Therefore for now don't be careless in selling or buying.
Just like any other financial asset, there is no guarantee that bitcoin will always be on an uptrend. Although I am sure that bitcoin will continue to grow and its value will always increase, bitcoin is still an asset that has high market fluctuations. Many factors can affect the price of bitcoin, although it has long-term strength but its stability also needs to be considered. There are times when bitcoin goes up and there are times when bitcoin goes down, so you have to be more careful in using it.
Even after the sideways action it remains in an uptrend with the macro time frame. What seems to be true is the most sure way to judge BTC is on the largest time frames which is an eternal surprise that its so often the case, short term we move in bursts but the proper momentum comes from the macro long term moves. So yes BTC remains in an uptrend but its idling in near and medium term also.
So when we want to see the movement of bitcoin, don't look at the daily movement or even the hour it will look very annoying and will conclude that bitcoin is experiencing a long and boring sideway because it only roams in the $60k-$70k area, right we need to look at the macro of how bitcoi gets great attention and moves well and normally for bitcoin, look at the weekly and monthly charts it is very good in my opinion. Sometimes in the course of investing someone loses himself and someone feels that his money is not growing even though he sees that for one month, bitcoin has no significant movement, but he does not imagine if he looks at the last two years, bitcoin has increased more than 150% and that is enough for an investment that is not too long, impatience will lead to losses, he must learn to invest better in order to appreciate time and see how the macro bitcoin is broadly from his perspective.
Even after the sideways action it remains in an uptrend with the macro time frame. What seems to be true is the most sure way to judge BTC is on the largest time frames which is an eternal surprise that its so often the case, short term we move in bursts but the proper momentum comes from the macro long term moves. So yes BTC remains in an uptrend but its idling in near and medium term also.
Will Bitcoin Always Be in an Uptrend?
Speculationally no, Bitcoin plays in the crypto market, digital online, price ups and downs definitely exist and happen, but don't ask when it happens.....!It seems 'yes' it is true that the current Bitcoin price is still at the highest level, but it is possible that the Bitcoin price could plummet and fall to the lowest level. In general, once the halving occurs, the Bitcoin price will change, If I speculate that the decline will happen again it will take a long time, it could be a year or two now from now, that's just my speculation, the point is that the market has its ups and downs.
And as much as people have learned to embrace and love its volatility, seeing bitcoin pumping and dumping its price every now and then is never new to us. In fact, people would love to see bitcoin becoming more volatile, because that only give chances for us to get rich in an instant if we chose to accumulate and hold higher volume of bitcoin for the long term.
Even in bull run, not that always going to be an uptrend. There will some corrections that has to happen but it's still bound to get to the top.
To answer the question in the OP "Will Bitcoin Always Be in an Uptrend?":
It's not guaranteed in any way.
On one hand, if we assume than the demand will at least stay on a constant level, then yes, we should expect a long-term uptrend due to:
- decreasing block rewards
- bitcoins lost forever
- USD inflation
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments, BTC get's overregulated or co-opted to the point it's no longer decentralised and censorship-free and loses its purpose etc.
With all of the factors that you've mentioned, they're all benefactors for the demand. You forgot to mention another one which is about the Bitcoin spot ETFs, they'd surely be bumping the value of Bitcoin over time. And, it's not boredom when people are moving their assets to one another. For example, those that have made profit from BTC, they are going to move somewhere else because they're done with it but they're not bored. Anyway, even if people moves their money here and there, they'll still coming back to BTC at certain points of their lives. It's not guaranteed in any way.
On one hand, if we assume than the demand will at least stay on a constant level, then yes, we should expect a long-term uptrend due to:
- decreasing block rewards
- bitcoins lost forever
- USD inflation
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments, BTC get's overregulated or co-opted to the point it's no longer decentralised and censorship-free and loses its purpose etc.
To answer the question in the OP "Will Bitcoin Always Be in an Uptrend?":
It's not guaranteed in any way.
It's not guaranteed in any way.
But there's high probability it will. There's no guarantees you will wake up tomorrow, or that there will not be a world war, but we operate on probability.
Since fiat money is constantly being printed and undergoes high inflation, while bitcoin's inflation is already low and will continue to drop, we can safely assume that bitcoin will go up in price against fiat money, so it will go up forever.
Quote
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments,
People don't go into other investments because they're bored with the current ones. If the investment keeps being profitable you need to find something more profitable to move. Boredom has nothing to it.
Will Bitcoin Always Be in an Uptrend?
Speculationally no, Bitcoin plays in the crypto market, digital online, price ups and downs definitely exist and happen, but don't ask when it happens.....!It seems 'yes' it is true that the current Bitcoin price is still at the highest level, but it is possible that the Bitcoin price could plummet and fall to the lowest level. In general, once the halving occurs, the Bitcoin price will change, If I speculate that the decline will happen again it will take a long time, it could be a year or two now from now, that's just my speculation, the point is that the market has its ups and downs.
To answer the question in the OP "Will Bitcoin Always Be in an Uptrend?":
It's not guaranteed in any way.
It's not guaranteed in any way.
But there's high probability it will. There's no guarantees you will wake up tomorrow, or that there will not be a world war, but we operate on probability.
Since fiat money is constantly being printed and undergoes high inflation, while bitcoin's inflation is already low and will continue to drop, we can safely assume that bitcoin will go up in price against fiat money, so it will go up forever.
Quote
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments,
People don't go into other investments because they're bored with the current ones. If the investment keeps being profitable you need to find something more profitable to move. Boredom has nothing to it.
you do only invest on the amount that you can afford to lose, never ever make yourself having that all in kind of investment because you are really that too bullish or something. Im not saying its bad but alwasy having that control and considerations because we do know that when it comes to this investment in crypto world which there would really be no guarantees. Bitcoin would be always that in uptrend? We do know that there are two market conditions on which bear and bull. So you would really be needing to be wise on making up decisions when it comes to entry and exits.
Be wise on the decisions you are making because one false move then you do end up on negative on which it would be causing up for you to hold up even more longer
which it would really be something that would really be testing out your patience.
To answer the question in the OP "Will Bitcoin Always Be in an Uptrend?":
It's not guaranteed in any way.
It's not guaranteed in any way.
But there's high probability it will. There's no guarantees you will wake up tomorrow, or that there will not be a world war, but we operate on probability.
Since fiat money is constantly being printed and undergoes high inflation, while bitcoin's inflation is already low and will continue to drop, we can safely assume that bitcoin will go up in price against fiat money, so it will go up forever.
Quote
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments,
People don't go into other investments because they're bored with the current ones. If the investment keeps being profitable you need to find something more profitable to move. Boredom has nothing to it.
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
You find it properly detail the content of the OP in a way that it would align with the title you’ve chosen for your thread but, after I saw your immediate comment on having bought 2 BTC, I got the idea that could have warrant your curiosity.I bought 2 bitcoins this morning and it is trending up.
2 BTC is a lot and always seems unbelievable coming from just anyone but, everyone on the forum can’t be just anyone, you could be someone that indeed could afford even more but, it always seems a lot believable when you post a TRX ID to support. Although it ain’t entirely necessary but, it’s something that the rest of the users here like to see, especially when it’s coming from a newbie.If your trying to have clarity and self satisfaction if Bitcoin is going to dump someday not to rise again, the I don’t see that having to happen. Neither is it always going to remain on an uptrend. If fact, in the event that Bitcoin only goes up, that’ll be a sign take profit in investment and get out. That’s what I would do but, the volatile nature of Bitcoin is what assures everyone the safety of their investments. You just need to know a lot more and believe in the choices you’ve made on your investment.
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher.
As time goes the price of Bitcoin is getting more successful and more higher but this all is due to the higher demand which increases as nors people become aware of its success. At the time of its origin nobody was familiar with the reality that it will become so worthy in future that people will utilise it as a source of investment.
Sometimes the price goes so lower like that was in previous years when it was below 26k$ but people take advantage of such a huge dip by buying it at a lower cost, only ignorant people become afraid of dump while all others know better that the pump will possibly occurs after this dump.
To answer the question in the OP "Will Bitcoin Always Be in an Uptrend?":
It's not guaranteed in any way.
On one hand, if we assume than the demand will at least stay on a constant level, then yes, we should expect a long-term uptrend due to:
- decreasing block rewards
- bitcoins lost forever
- USD inflation
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments, BTC get's overregulated or co-opted to the point it's no longer decentralised and censorship-free and loses its purpose etc.
It's not guaranteed in any way.
On one hand, if we assume than the demand will at least stay on a constant level, then yes, we should expect a long-term uptrend due to:
- decreasing block rewards
- bitcoins lost forever
- USD inflation
But the demand is not guaranteed and could go down for various reasons, i.e. people get bored and will move to other types of investments, BTC get's overregulated or co-opted to the point it's no longer decentralised and censorship-free and loses its purpose etc.
Will Bitcoin Always Be in an Uptrend?
Speculationally no, Bitcoin plays in the crypto market, digital online, price ups and downs definitely exist and happen, but don't ask when it happens.....!It seems 'yes' it is true that the current Bitcoin price is still at the highest level, but it is possible that the Bitcoin price could plummet and fall to the lowest level. In general, once the halving occurs, the Bitcoin price will change, If I speculate that the decline will happen again it will take a long time, it could be a year or two now from now, that's just my speculation, the point is that the market has its ups and downs.
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher. Well base on history Bitcoin has been increasing in value gradually in the past years despite the dip in those years Bitcoin kept on increasing and at that time it hasn't gain more adoption as now. And we believe has time goes Bitcoin will continue to gain more adoption, and there's still chances for the price to keep increasing. That's why we always advice most to have some good portion of bitcoin they are holding in their portfolio, than having other shitcoins.
And now we all expecting a new ATH which may occur from the range of this year to 2025 due to halving that took place months back , and I believe once Bitcoin began to surge in price to that new ATH, there will be no stopping it . That's why I still have this feeling of Bitcoin surging above the predicted price which is $100k , but we can't actually tell but still Bitcoin going to do what it's does the most , which is putting smiles on Those who Invested in it.
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I am never surprised about what is happening in the world of Bitcoin now, I knew a thing like this might happen where the coin would be begging for liquidity to reach some certain high levels. This is mainly because of FUD and the fact that it has reached a high level that is discouraging for investment, as investors would not want to easily commit their money to it at a high and risky level.Fine, the ETF saga helped Bitcoin to rise, and that happened before the much-anticipated halving which is now becoming a discouragement for the coin as Bitcoin was unable to hit its ATH after halving till now and it is gradually nearing 2 months now after it. The ETF filing of last year and the dramas attributed to it have changed the narratives in the world of Bitcoin which I believe is not so symbolic in terms of liquidity attracted to Bitcoin itself but only for the sentiment created.
Yet, after the ETF has successfully been approved, what has been so significant about the direct investment into Bitcoin through it? That has been my plight initially that people seem not to understand. This is because Bitcoin is accessible by itself without ETF, so the ETF that people hyped so much might not attract as many direct investments as people thought, just as we see today. Well, time will tell and we are patiently watching. Regardless, for now, nothing serious is to be expected unless the ATH at around $73,850 is breached upward.
I now trade Bitcoin 3 to 4 times a week and it is profitable for me
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher. Quote from: kentrolla
No, there can never be a single angle like only uptrend or downtrend as most of the time the market would be sideways and occasionally uptrend or downtrend as that's how Bitcoin looks and moreover it's just a misunderstanding of new users that they think the market would always be upwards when they enter market during bull run and vice versa when they enter using bear market.
There will be changes in the market for investors to make use of them positively, because they are very important to investors to purchase Bitcoin during the bearish season and sell when the bullish season appear, which are two things you will be experiencing from Bitcoin as a holders which are bullish season and bearish season.Once the price of Bitcoin is increasing at the moment, you don't need to join other holders to rush to release your Bitcoin because if you exercise patience at the moment for the price to increase more, you will going to make huge amount of income than those that will sold in an hurry. For you to succeed in the uptrend and downtrend you need to prepare well financially and mentally, because once you have the funds in your account when waiting for downtrend, then you can apply wisdom to know the type of coin to purchase and hold for uptrend to appear before you can achieve income.
If you are interested, we can share our insights in the investment field.
Quote from: kentrolla
No, there can never be a single angle like only uptrend or downtrend as most of the time the market would be sideways and occasionally uptrend or downtrend as that's how Bitcoin looks and moreover it's just a misunderstanding of new users that they think the market would always be upwards when they enter market during bull run and vice versa when they enter using bear market.
There will be changes in the market for investors to make use of them positively, because they are very important to investors to purchase Bitcoin during the bearish season and sell when the bullish season appear, which are two things you will be experiencing from Bitcoin as a holders which are bullish season and bearish season.Once the price of Bitcoin is increasing at the moment, you don't need to join other holders to rush to release your Bitcoin because if you exercise patience at the moment for the price to increase more, you will going to make huge amount of income than those that will sold in an hurry. For you to succeed in the uptrend and downtrend you need to prepare well financially and mentally, because once you have the funds in your account when waiting for downtrend, then you can apply wisdom to know the type of coin to purchase and hold for uptrend to appear before you can achieve income.
Will Bitcoin Always Be in an Uptrend?
Yes Laura.
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