will bitcoin continue to rise - page 11.

Ayers

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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...?

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.

Ketesnuko

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There is always some correction waiting for every pump, if you are accumulating Bitcoin for the long term do wait for some retracement, it always happens, also it's possible that the government from US can still come up with some disgusting news, and no doubt, it will affect the market again, take it easy and keep taking advantage of the retrace.

ethereumhunter

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The price of bitcoin will continue to rise but you cannot expect it to happen every day because we have seen how bitcoin has moved so far. Usually, after reaching a high price, bitcoin will experience a decline or correction, which can bring the price to a lower price or stay at the current price. And it all depends on how the market reacts.

I still believe bitcoin could reach $50k and even higher past its last ATH but bitcoin also needs more time to break through each high. And it can't happen right away. So you better not worry and remain patient, waiting for the price to penetrate its highest price again.

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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...?

One of the things that is very difficult to say for sure is the future price, and the answer that will be given will still be ambiguous. if people know for sure that bitcoin price will reach $50k, then i think people will panic to buy bitcoin immediately.
However, we are all optimistic about the high price of bitcoin in the future. there's been some speculation about it, particularly the halving. however, that does not mean it is a sure thing. people can explain their speculation in full, but it is not necessarily accurate. we must be optimistic that the price of bitcoin will be very high in the future. after that, you need to make your decision to invest in bitcoin or not because you will bear all the risks yourself.

_act_

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This would be difficult to answer but my guess is that bitcoin may still continue to increase, but I am doubting that it would increase above $50000.

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.

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.

Majestic-milf

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Quote from: StarKay on March 18, 2023, 02:40:04 AM

What I deduced from your write-up is that you obviously want to sell your Bitcoin at the peak price so you need our opinion on whether you should hold for a higher price or sell now.

Bitcoin price will continue to rise against the USD however it's not going to be linearly because of market forces and government interference in some cases. Bad actors like Do Kwon and FTX team can always come up from time to time to cause a price drop. The decision to sell or hold is your call however the good practice is to sell BTC for what you need per time.

You read the situation well, dude. This issue of wanting to sell when the price of BTC is high makes some lose out on the opportunity to experience the beauty of holding because it's like they'd end up being losers if the price of BTC drops lower than the amount for which it was bought. That's why it's better to invest with an amount you can easily take your eyes away from.
Currently, the price of Bitcoin is at 27,407 and we all hope for more increase and just like others have opined, we are sure to see a somewhat steady rise in it's price. As it is, reputable financial institutions are going under and I'm certain this could push more investors to look to Bitcoin thereby causing an increase.

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That is an age-old question "What will I do with my BTC?". It's only you who can assess that because the moment that you are going to try to sell or buy, it's still your decision. Believe in something, and maybe you can reap the benefits in the long run, or you could make sure that you have the right mindset that you will accumulate or trade it. Maybe it's good to take advantage, or perhaps not, but make sure you are making the right decisions for yourself, and you won't regret it.

StarKay

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What I deduced from your write-up is that you obviously want to sell your Bitcoin at the peak price so you need our opinion on whether you should hold for a higher price or sell now.

Bitcoin price will continue to rise against the USD however it's not going to be linearly because of market forces and government interference in some cases. Bad actors like Do Kwon and FTX team can always come up from time to time to cause a price drop. The decision to sell or hold is your call however the good practice is to sell BTC for what you need per time.

GreatArkansas

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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...?

This is very difficult to answer, at the first place when you bought your Bitcoin, do you have any price target or goals like "If Bitcoin reaches x price, I will sell"?
Because if you just want to sell it because it's already high, it seems you don't have plan at all but I am not against on it, if you want to take profits right now and that's your goal, go for it.

Plaguedeath

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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're talking non sense.

Why you think Bitcoin price will keep rising in the next 10+ years? what about the next 20 years or 30 years? Bitcoin will keep increasing no matter what because there's no other decentralized currency created until now.

If Bitcoin price increased due to good economy, recently there are 2 banks are collapsed and the banks borrowed huge money from federal reserve, which mean the whole economy condition aren't good enough.

Bazzu

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I personally also feel happy when I see the market and bitcoin prices go up,,
and with this increase I will not sell it until the bitcoin price is higher than it is now.
but in my opinion, if you are interested in selling bitcoin, I don't think there is anything wrong and you can sell a small portion of it and you can enjoy the results of your investment a little.
but we won't know for the bitcoin price in the future whether it will go even higher or not, but hopefully the bitcoin price will exceed 60000 dollars in the near future.

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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...?

Bitcoin does not make one directional movement to a certain point.
It will not just arrived to 50,000 dollars if there is no major bull run. So the Bitcoin price cannot go to 50,000 dollars immediately from 20,000 dollars. The highest you should anticipate for now is that $30,000 and even if at bitcoin 30000 dollars it will still drop down to the range of 20,000 dollars.

if you are buying bitcoin for a long time purpose, there is no need to sell. But if you are buying to hold and wait for it to appreciate, you can sell now and wait for the market to correct and you repeat the process.

Charmekkd

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indeed now the price of bitcoin is increasing and in my opinion this is a good start for bitcoin investors because if you look at the market there are lots of people who have benefited from investing in bitcoin, and lots of people selling bitcoin, especially those who bought bitcoin at a price of 19000.
but if we want to invest in bitcoin for the long term I think now is not the right time to sell bitcoin. but the decision is yours.

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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...

Long term? Easy, yes. But if your span of period for that price is for this year then it may take time and it's 50/50 of chance to happen. Do remember that halving is about to happen next year and that will trigger the demand and lesser supply for the rewards of miners, in short the impact will go directly to the price assumingly will create a positive impact.

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...?

Sell if you need the cash, do not regret selling if there's an important thing you're about to purchase or bills to pay. You don't have to sell all of it and just take a part of portion from your holdings. And if you've got other source of income, upon selling, create a plan that you'll buy those sold bitcoin of yours and do the DCA technique for you not to miss out the next bull run.

Edwardard

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Not sure about 50k, but most likely it will go in the 30-32k range as the next resistance area in the next week. BTC went above both the weekly moving averages now (50 and 200), and invalidated the death cross.
So, as long as it stays above them it will keep going higher. If you have bought at lower levels just keep watching for weekly candles and the MAs.
Personally I would say, below 25k is where you got to worry again.

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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...?

It happens that bitcoin price can change within a few days. It falls, then it rises, then it falls again. This is the same volatility.

And you're a sly one if you want an easy solution.

The problem is that no one can know whether tomorrow btc will rise or fall. So don't take other people's advice seriously.

I think this is a bad time to sell bitcoin. Recall the last btc's peak and think that this level can be reached again. Most likely, it will even be surpassed, since in previous times it was just that. Bitcoin with each bull run exceeded past highs. Selling btc now should only be in case of emergency.

Cantsay

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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...?

You never can tell the exact price that bitcoin will rise or fall to, but if you have faith that the price will continue to move in the uptrend and just want to continue to hold that's okay. but, if you are scared that the price might drop then you can simply proceed to sell your coin and I guarantee that nobody is going to judge you for selling.
All the replies you're going to receive are all based on speculation and they won't be certain.

worle1bm

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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.

FinneysTrueVision

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Bitcoin will eventually rise back up to $50,000. The time and date is what is unknown. It will not happen overnight. The conditions are there for it to continue going up. There have been some recent notable bank failures. People are less confident in their government as we're seeing with protests across France. We are also seeing the US dollar starting to lose it's dominance as a global reserve currency. Regulators might try to suppress its adoption but there are too many things trending in Bitcoin's favor right now.

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Quote

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..

Although the price of Bitcoin is increasing but breaking the resistance of 28500 can be a very good move.if Bitcoin break the resistance of 28500 then Bitcoin can go up to 31000, and once again BTC can make 28500 as a strong support.but it seems difficult to say that it Will go up to 50000 continuously, because once again if BTC rejected from 28000 then BTC can retest 25000 once again.

Quote

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

In my opinion selling BTC at this time may not be a good decision but if you sell 50% BTC and BTC comes back down to 25000 then you can buy again from there.but it can be a risky decision.

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