Topic: Will Bitcoin Always Be in an Uptrend? - page 4. (Read 928 times)

The fact that many people are eager for the price of bitcoin to increase day by day is not a consequence of the world developing too fast or anything . Simply put , today's young generation is investing with the mentality of wanting to get rich quickly, wanting to become millionaires without spending much time and effort. But things don't work out that way and those with a get-rich-quick mindset will soon have to pay the price with their own money.

Regarding the bull season , I guess it won't come soon because there are still many people in the market with a get-rich-quick mindset . What I mean is that when the market no longer had too many people believing in the bull season to come, many people became discouraged because they couldn't get rich as quickly as they wanted and they sold their bitcoins . At that time , the bull season will come to the shock and regret of many people. The financial market is like that, rewards are only given to those who deserve it.

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.

I'm not him though I like to respond here but I didn't remember exactly so I researched and the results shows that it was approved in January. That is almost 4 months now and we already feel the positive effect last time even though it was very early but that was great because that means that we will still have plenty of time to witness more growth in the price of BTC.

I still agree with you about the generation we have today. I guess this is the effect of being too modern because it speeds up our life and the expectations of the people are now tweaked to be like that. About the bull run, I think we are still on it but its rhythm have only got slowed down due to some reasons.

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.

Bitcoin will not always be on the uptrend and they’re are sometimes that it will be on the bearish trend too. What you’re experiencing now is he period of bull run that’s is about to start which eventually make bitcoin be on an uptrend trajectory and all other cryptocurrencies follow the same pattern. It only happen once in a while and the bearish trend always take longer time than the bullish trends. So these moments won’t be there forever to make you feel happy that your portfolios are pumping. Also prepare for the bear market and take maximum profit as soon as you can when you see the chance.

It will not always be in an uptrend position, and you have to look for its historical trend.
The good thing about Bitcoin is that we always have the opportunity to buy again especially during the bear market. A healthy market will always have its downtrend and that is normal, we can't expect Bitcoin to be on top always or else liquidity might not be good if the price stays on top.

I don't know how your investment has been recently. Have you made any big gains?

I believe everyone got high hopes with bitcoin most particularly newbies that we will see bitcoin price in a consistent price increase. I think that would only be possible if bitcoin stops being volatile, and create a fixed upward movement regardless of the condition of the market. However, despite of bitcoin’s unpredictable price, still we are seeing at the moment a slight upward motion for bitcoin, which I think is understandable since we are heading for this year’s bull run.

Yes, patience is the best solution for now. If you can’t do it, then I don’t think you’ll make it big here in the crypto market. Although short term investing with bitcoin is still profitable, but if we can make it big and be patient, that would be more satisfying.

The price of bitcoin is very fluctuating, I have been paying attention to it for the last few years and there is also a historical price chart that we can always look at and in response to your question whether the price of bitcoin will continue to experience an uptrend, so in the long term I can say yes, the price of bitcoin if we withdraw In the long time since it first appeared, we can see that the trend is up, so don't ever hesitate to invest in Bitcoin because the trend is up, not down.

It doesn't matter for Bitcoin and also for Bitcoin investors who are still holding Bitcoin until now if the price is only sideways without excessive correction in the market. Because it's still much better than all of us seeing a very deep price correction, although on the other hand there are also many people who hope that the price of Bitcoin can quickly increase in the next month because today is the last day of May 2024. And on the occasion I also want to know what your problem is with sideways, whereas there are many other people who now don't have a problem with this.

Bitcoin is not always in an up trend, there are times when Bitcoin experiences a down and sideways trend. And currently Bitcoin is in a sideways position and I think that it will persist in the next few weeks, until we can wait for positive news which can increase the price of Bitcoin to a better level. However, now it is a pretty good condition to buy Bitcoin - even though there is a risk that there will be a price correction, if the holder plans to hold Bitcoin for a longer period of time, this is not too much of a problem for them, the point is to remain patient and is not influenced by the market.

There was a time rising and there was a time down. Furthermore, for some time in the next time we will still see that the Bitcoin price chart will move sideways before reaching the highest price level of all time which is above the price of $73,777 like the highest price at the moment that occurred some time ago.


What is your purpose in wanting him to put a transaction ID here?
No need to post the transaction ID if he does not experience problems with his purchase. We prioritize more privacy considerations even though Bitcoin transactions are very transparent.

His coin belongs to him.

Bitcoin is a volatile asset so it can go up and down very quickly but don't forget that from both situations it comes out after some time. It cannot remain in just one position therefore if it goes down then don't worry about this dumping as the next step will be pumping because after each bad event there is a good event which can make you profitable.

In the bear market every scam project disappears but Bitcoin is the only currency and investment asset which becomes more profitable after every bear season. Bitcoin never breaks the trust of any investors but those are already disappointed who failed to understand its reality.

We are yet to enter the half of the year and a lot of investors are s inquisitive to see a continuous uptrend in the price of bitcoin. Oh impatient souls that is now how Bitcoin it was meant to play. We ant be expecting just one forward movement continually with Bitcoin it was designed to vary in prices in real time. The volatility nature is what makes it a unique assets. Both upward movement and downward movement are important for the growth of the Bitcoin price. When it goes down it gives us a chance to be able to buy and when it goes up it gives profit for those wish to sell and take their little profit.

What i am certain about Bitcoin is that in the coming years the price wont be the same as it is now. It will be x larger than the price now. The x is yet unknown but larger is certain.

I believe it’s impossible for Bitcoin to crash again

Yes, but it has not yet broken through 80k USD. I believe that as time goes by, this will happen in the near future.

No? Pretty obvious that since said surpassing of ATH, bitcoin dipped down once again to 60k. And even then, if you consider how Bitcoin dropped off from 2021s 60k to 15k a couple of months ago, it's pretty obvious. As for it moving sideways, I'd say it's pretty normal? We steamrolled over 40k and 50k after all, if we didn't stop to stabilize I'd be expecting a massive crash afterward that specific pump. And so far we've already seen it return back to close to 70k after all.

If you're asking in general though well so far it's been an uptrend. But there's always going to be a peak for something imo. Just in Bitcoins' case, we haven't reached it (at least from what I see).

This is how the market works, market has to face accumulation and distribution face, or consolidation in another terms. When you see that the market is moving sideways, it means the market market is currently taking orders Buy/sell orders and after that what will happen next is expansion in the direction of demand or supply side, depending on the side that has greater market bid.

Bitcoin is preparing its way for possibily another explosive movement to the up side and the longer it takes, more massive the movement would become.

It’s hard to anticipate bitcoin taking an upward position all the time. That is not possible with such a volatile investment and having and unpredictable market. However, we still have this confidence that bitcoin won’t drop its price to its lowest, although it may dump at some point and experience price crash, but always know that bitcoin won’t settle anything less and invaluable in the future, but will still end up having a significant price that may have chances to soar high and skyrocket in the end. That’s how confident I am with bitcoin’s future.

We are still not at the time it should be going up, I get that people think that we are going to get higher and higher, which isn't really that impossible and we may actually do that, but we need to realize that we are going to make some return for sure.

I feel like we just need to give it some time, most usually the fourth quarter is when the increase starts during bull years, and because of that I feel like we have a few more months before we can start. I would suggest getting as much as you can now, before that bull run starts. Obviously, after a year or so, we will peak somewhere at the top, and I would suggest being careful because we are going to end up with a lot more stuff in the end, we should probably just see bear in 2026 most likely.