will bitcoin continue to rise - page 10.

jostorres

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Quote from: crypticj on March 17, 2023, 10:55:27 PM

It will keep rising in the next 10+ years. But right now it's hard to predict when it will go up to 30k+. But my best guess is that you should wait until the economy will get better, the market will be more predictable and FED will start lowering interest rates.

You might be forgetting the fact that Bitcoin is a highly volatile coin. Meaning it does not rise consistently. Also, why do you think the increase will only last for the next 10 plus years when Bitcoin is actually becoming more scarcer. There are many people who will keep their Bitcoins tightly but the demand for it will still increase. Nowadays the price seems to continue to $30k because I heard $27k is already broken.

There are lots of positive factors which will drive the price even though the economy is still down. When the economy recovers and then the FED lower their rates, they will only contribute to the increase that we are seeing now. Just do not mind or wait for them.

Anonylz

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

I don't know what good it will do you yo hear other people's opinion on how high btc will go because no one can tell you the exact way the market will react. During the period when silicon Valley Bank incident most people thought btc is going to dump alot couple with the Mtgox news but for some reason the way react differently.
If you are btc for long term you should not concern about the price now since the future price is definitely going to be a lot higher.

beerlover

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Quote from: Ayers on March 18, 2023, 04:18:46 AM

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

If you are asking for the long term, then of course, bitcoin will hit $50k, and moreover, it can generate new ATH. But if you ask short term this year, no one can predict and give you an exact answer. When it comes to investing, have a plan that includes specific buying and selling goals or only selling at a profit. You can't invest without any plan, don't invest according to anyone's advice but do your own research and make your own decision.

I agree, nobody can predict what it could do today and that is why I believe that we shouldn't really be worrying about anything that could end up with an exact prediction of what the top will be this year or what it will end the year with. Best case is to look for the future because of this reason, do we have an assumption that it will break over ATH? We do, and that's enough.

If you believe that will happen which you do and I do as well then that means we should be buying right now, up until it goes above and then profit from it, doesn't matter if it will happen this year or in 2 years, it just means we are going to profit from it a lot.

tjtonmoy

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

It's your own BTC, so you have every right and free will to do whatever you wish to do with it. But if you are really concern about missing the chance to join the rise, then start doing DCA. Buy with some and keep some on hold. You can get chance to buy at low as the crypto market is volatile. No one can say for sure what to come next. So it is best to stay prepared for all scenarios.
One more thing I will say is that Bitcoin is for long term investment plans. So it is best if you are able to buy at low and hold it for a long time. But it's totally up to you. Your strategy maybe different from mine. So DYOR, make a plan, and stick to it no matter what. Don't let your emotion take control over your decision.

kelechi

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It is only second wave of bull cycle, already bought few more btc on Ownr wallet on level of 27k

Flydolphine

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

Hopefully it may continue to rise to $50000,even though no one really knows to be exact but for speculations.but I'm of the opinion that it will keep rising as the price tends to significantly increase this year.for sure BTC has a history of bouncing back even though it remains a volatile asset.

JeremyW99

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If you're an inexperienced trader, just hold.
If you're going to sell, do so at the end of 2024 or early 2025 as that will likely be the end of the current cycle and prices would theoretically be at new all time highs.

imamusma

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Quote from: CoinEraser on March 18, 2023, 08:45:28 AM

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

-snip-

You should move the thread to the Bitcoin Forum > Economy > Economics > Speculation board. It fits in there more than here under general bitcoin discussions. Wink

Exactly, OP should have moved it to a recommended board or someone might as well report it for a move.

Quote from: CoinEraser on March 18, 2023, 08:45:28 AM

Either way, it is difficult to predict how the bitcoin price will develop. Certainly, many people speculate that the price will continue to rise, but no one can really predict.

As you have seen recently, the price can rise sharply in a short period of time, but it can also fall. In my opinion, the price could continue to rise, but whether it can really reach 50k$ remains to be seen. I actually don't expect a price like this until next year, so I remain sceptical. For me, 50k$ is just too close to the last ATH and therefore I don't assume it. Wink

I think we all know how bitcoin price movement pattern. Prices don't go up forever without correction, so even in the long term we can expect higher than $50k, but right now we are very hard to say.

Bitcoin can move in all directions, so we can't just settle for one direction and ignore the others. The current trend is good to expect $30k to be broken, but it is always possible to get a correction below $25k again if negative sentiment persists.

UserU

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Quote from: _act_ on March 18, 2023, 03:22:57 AM

He do not need to invest all at once, he can invest small now and planning to invest more at lower prices. We can say that the price of bitcoin will not reach $30000 and above, but we might be wrong. The price might go above $35000 or more.

The recent collapse of banks are surprisingly boosting the crypto prices. 1 year ago, it was hovering at around ~40K

If it ever breaches 30, FOMO game be stronk

Fiatless

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Quote from: worle1bm on March 18, 2023, 01:07:11 AM

We are just being optimistic about it's growth but it will definitely go up in the long run phase because of mass adoption and less supply.At this time we are seeing progress in btc so in the long run also it will continue to rise but we will see lot of fluctuations also.I am hoping that soon $30k price range will be crossed so let's hope for the best and see what happens next.

I never read any predictions that Bitcoin will rise to its current price. All the forecasts I saw showed that the price will depreciate or remain stable at maybe $20,000 till next year. The currentt mini-bull run has shown that Bitcoin price movement cannot be predicted. Bitcoin adoption is getting stronger every day because awareness is growing. Bitcoin critics mocked the sector because of the fall of some crypto ventures last year. This year the same critics are seeing banks fail thereby making people seek other alternatives. More banks will still fail this year and it might keep affecting the price of bitcoin positively.

lizarder

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

No one knows for sure whether Bitcoin will go up or down for some time to come because this is directly related to price fluctuations. So to make sure it goes up or not, it would be very difficult to explain more specifically. The beginning of the year to date Bitcoin has shown a huge increase and you should already have references on its journey, if you are one of the long term holders and not selling at this time also looks good for investing in Bitcoin.

But if you want to get a small profit for now you can sell it and you can use the repurchase when Bitcoin has decreased, it depends on how you take a portion for the investment you run.

Godday

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All depends on speculation. I assume you are new to the forum because you have very little activity. If for now I suggest you to hold your BTC because I believe BTC price will hit ATH and I suggest you if you have financial freedom that you wait for BTC to touch $50,000 but if you need a lot of money I think you can sell it at $30,000 : D

Yatsan

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Should be on speculation I guess. But if we would base on charts and price actions, the market behavior is currently and still bullish for not falling to buyer's area still. But for sure it would give us a hard time because it is continuously falling and increasing as time is passing by. But if we would base with the behavior itself, it could either go up crossing $32k or fall down til $20k. No one is certain, for sure. What we need for a clear trend line to occur is for an enough reason to take place in or for this industry.

Quote from: crunck on March 18, 2023, 09:49:31 AM

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

You are participating in a bitcoin forum, and with this type of question, what would you expect the answer to be? And I also agree with everyone, bitcoin will rise and hit new ATH in the future. But if you are not confident enough to hold and are already profitable then you can sell your bitcoins. When you have more faith in it, you can invest whenever you are ready.

Biases are more likely to be told but what should we expect? Ofcourse we would prefer positive viewpoint in this industry than for people to suffer from their losses on FOMOs. ATH for sure is still far from the present but good things are in line already and the only thing we should do is to be patient.

crunck

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crunck

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

You are participating in a bitcoin forum, and with this type of question, what would you expect the answer to be? And I also agree with everyone, bitcoin will rise and hit new ATH in the future. But if you are not confident enough to hold and are already profitable then you can sell your bitcoins. When you have more faith in it, you can invest whenever you are ready.

CoinEraser

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

-snip-

You should move the thread to the Bitcoin Forum > Economy > Economics > Speculation board. It fits in there more than here under general bitcoin discussions. Wink

Either way, it is difficult to predict how the bitcoin price will develop. Certainly, many people speculate that the price will continue to rise, but no one can really predict.

As you have seen recently, the price can rise sharply in a short period of time, but it can also fall. In my opinion, the price could continue to rise, but whether it can really reach 50k$ remains to be seen. I actually don't expect a price like this until next year, so I remain sceptical. For me, 50k$ is just too close to the last ATH and therefore I don't assume it. Wink

Minecache

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Quote from: Maxre on March 18, 2023, 06:49:03 AM

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

Damn look Guys these questions have been repeating days and also nights and I do not know just what I should tell them.
I simply want to say that if you know Technical analysis and charts history, Forex Trading rules and also Trading experience than you might know it's answer what it is.

These questions are repeated repeatedly, but that is the common mentality of newbies. I just checked OP's account, and he only entered the market last November, for such a newbie who hasn't experienced bear season before, not fully trusting bitcoin is also an understandable thing.

OP, I'd say the future of bitcoin is unpredictable, but you and I and everyone here invest in it, so we need to trust it and our own decisions. Improve your knowledge, learn technical analysis, and make your own predictions, don't invest in emotions.

Inwestour

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Quote from: michellee on March 18, 2023, 07:10:54 AM

I guess he still doubts bitcoin's ability to scale up and isn't sure to what extent bitcoin can get another boost. It seems he needs to analyze the movement of bitcoin from the start until now so he can see how the potential for bitcoin price will increase.

We all still believe that bitcoin will increase again. We don't know when it will happen and can only wait and prepare ourselves by buying more bitcoins. Many of us have owned bitcoin since its price has plummeted and is at its lowest price ever. And we can still be patient waiting because our target to sell bitcoin is above the last ATH price to get the next biggest profit.

Agree, if some kind of event happens again in the market that causes bitcoin to fall to a new bottom, this will make many doubt, perhaps there will even be those who want to sell at a loss in order to save part of their investment. This is all about local movement, because I am sure that globally Bitcoin will grow.

But it is also quite possible that we have already passed the bottom of this cycle and will only grow in the future, I also like this option. Everyone had enough time to form a good portfolio during this period, which is capable of making a profit.

michellee

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Quote from: Maxre on March 18, 2023, 06:49:03 AM

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

Damn look Guys these questions have been repeating days and also nights and I do not know just what I should tell them.
I simply want to say that if you know Technical analysis and charts history, Forex Trading rules and also Trading experience than you might know it's answer what it is.

I guess he still doubts bitcoin's ability to scale up and isn't sure to what extent bitcoin can get another boost. It seems he needs to analyze the movement of bitcoin from the start until now so he can see how the potential for bitcoin price will increase.

We all still believe that bitcoin will increase again. We don't know when it will happen and can only wait and prepare ourselves by buying more bitcoins. Many of us have owned bitcoin since its price has plummeted and is at its lowest price ever. And we can still be patient waiting because our target to sell bitcoin is above the last ATH price to get the next biggest profit.

Maxre

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

Damn look Guys these questions have been repeating days and also nights and I do not know just what I should tell them.
I simply want to say that if you know Technical analysis and charts history, Forex Trading rules and also Trading experience than you might know it's answer what it is.

BITCOIN4X

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Quote from: Zorigi on March 17, 2023, 10:05:26 PM

but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...

There are always two possibilities, the price could reach $50K or higher but it will take time to get there, and the price will probably correct before the market finally recovers. So don't be too optimistic and don't be too pessimistic, but I'm tend to believe that $50k will be made again regardless of this year, next year, or after the halving.

Quote from: Zorigi on March 17, 2023, 10:05:26 PM

and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

If you have bought bitcoin under $20K, then it's fine for you to sell them now. But if you are willing to hold on to it, then there is a chance you will generate higher returns than you are now. If I were you, I wouldn't sell it right now because I'm still expecting a potential higher price instead of $27K.

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