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Topic: will bitcoin continue to rise - page 3. (Read 1485 times)

member
Activity: 737
Merit: 11
June 05, 2023, 10:02:08 AM
For the long term bitcoin will continue to rise and record ATH will continue to occur, even though it will take a long time but I am never worried if there is a red market, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, or if make daily trading then it will buy and then sell on spot exchanges by adding profit.
legendary
Activity: 2660
Merit: 1141
June 02, 2023, 02:42:35 PM
Basically you might think that the bitcoin price has shown a recovery process from January 2023 to the end of May. On the monthly TF, the price of bitcoin has printed 4 temporary green candles followed by 1 red candle due to an unstoppable correction. In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.
The market has not experienced a high correction compared to the 4 green candles that have increased since 2023, we must positively respond to the 1 red correction candle which has only corrected -$5k so far, the market still holds several other green candles that will potentially increase above 30k by the end of the year.
I don't see the correction as a problem for my long term investment plan so far. I have been able to hold and accumulate assets well with almost every dip in the last few months. Personally I consider 1 red candle on monthly TF normal after bitcoin prints 4 green candles in 4 consecutive months. That is, no increase continues without a break, so price correction should not be ignored for some of those who use short-term strategies.

The market provides an opportunity for wise investors to buy low prices although it is unlikely that the market will return to 15k, 20-25k area range may be very potential to start DCA investment with 50% investment asset allocation for BTC, we have missed the low price moment last november but not for the second time.
Well, $15k won't happen again for the rest of the year, and I firmly believe that considering the halving will play a part in driving more investor interest to buying. $25k is support which should be strong when bitcoin returns to $30k in the next few months but bitcoin is still having a hard time testing that resistance although $25k is strong support for bitcoin at the moment.
sr. member
Activity: 1428
Merit: 252
June 02, 2023, 01:47:54 AM
For the long term, of course the price of Bitcoin will continue to rise, it cannot be denied anymore that the number of users who continue to increase is the key that the price will continue to rise, it is natural that many people are optimistic that the price of $ 1 million will occur 5 or a maximum of 10 years, before the price is more expensive And makes it difficult for us to buy so from now we have to buy.
legendary
Activity: 1722
Merit: 2213
May 31, 2023, 11:20:26 AM
For monthly TF, we might get almost 100% return if the bitcoin we currently have is bought in November 2022. But anyway bitcoin still gives commensurate return for now if we buy it in early January 2023.
The market provides an opportunity for wise investors to buy low prices although it is unlikely that the market will return to 15k, 20-25k area range may be very potential to start DCA investment with 50% investment asset allocation for BTC, we have missed the low price moment last november but not for the second time.

I think this is generally true, especially when you look at the price action for the past year. Initially there would be investors buying the 200 Week MA at around $22,350 almost a year ago now. There were also others (or same investors) buying around $20K, knowing it would likely be a great price for the future. While there weren't many investors below this level, after price reclaimed $20K and moved quickly back to $25K, many realised it wasn't worth risking being left behind and best to re-allocate funds into Bitcoin again. In summary, a lot of investors were drawn into this $20K to $25K range for the past year.

To me this doesn't mean that $25K that was previous resistance will act as support, but between $20K and $2K will likely act as support. Somewhere between $22K and $23K personally.
hero member
Activity: 2282
Merit: 589
May 31, 2023, 11:11:43 AM
Basically you might think that the bitcoin price has shown a recovery process from January 2023 to the end of May. On the monthly TF, the price of bitcoin has printed 4 temporary green candles followed by 1 red candle due to an unstoppable correction. In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.
The market has not experienced a high correction compared to the 4 green candles that have increased since 2023, we must positively respond to the 1 red correction candle which has only corrected -$5k so far, the market still holds several other green candles that will potentially increase above 30k by the end of the year.

Quote
For monthly TF, we might get almost 100% return if the bitcoin we currently have is bought in November 2022. But anyway bitcoin still gives commensurate return for now if we buy it in early January 2023.
The market provides an opportunity for wise investors to buy low prices although it is unlikely that the market will return to 15k, 20-25k area range may be very potential to start DCA investment with 50% investment asset allocation for BTC, we have missed the low price moment last november but not for the second time.
legendary
Activity: 2660
Merit: 1141
May 31, 2023, 10:33:47 AM
The timeframe over which BTC rises is debatable, the fact that it will recover and retrace its prices from previous years is far less uncertain imo.   We certainly will retry for a new ATH but it might not start that process till a year from now at worst, I think that might occur; context and background to world markets is relevant to BTC as its grown into the billions and even a trillion its got to fight for space globally.   Right now hanging around 30k I dont know if we yet will move through it this month or season even, it could take some time because if we look at the chart this price was the low many times and so has a larger amount of volume in this area.
   I would still guess we havent yet started to move significantly, BTC remains challenging to higher prices but isnt at all regular in a positive way week to week.  YTD we can see BTC is making many attempts higher but has yet to move on from its initial positive movements, further development is required and isnt yet observable to be fully confident in 2023.
Basically you might think that the bitcoin price has shown a recovery process from January 2023 to the end of May. On the monthly TF, the price of bitcoin has printed 4 temporary green candles followed by 1 red candle due to an unstoppable correction. In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.

For monthly TF, we might get almost 100% return if the bitcoin we currently have is bought in November 2022. But anyway bitcoin still gives commensurate return for now if we buy it in early January 2023.
STT
legendary
Activity: 4102
Merit: 1454
May 28, 2023, 06:59:43 PM
The timeframe over which BTC rises is debatable, the fact that it will recover and retrace its prices from previous years is far less uncertain imo.   We certainly will retry for a new ATH but it might not start that process till a year from now at worst, I think that might occur; context and background to world markets is relevant to BTC as its grown into the billions and even a trillion its got to fight for space globally.   Right now hanging around 30k I dont know if we yet will move through it this month or season even, it could take some time because if we look at the chart this price was the low many times and so has a larger amount of volume in this area.
   I would still guess we havent yet started to move significantly, BTC remains challenging to higher prices but isnt at all regular in a positive way week to week.  YTD we can see BTC is making many attempts higher but has yet to move on from its initial positive movements, further development is required and isnt yet observable to be fully confident in 2023.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
May 28, 2023, 02:45:25 PM
In my opinion, there is a possibility that Bitcoin will go to $ 50k,
because for several months the price of Bitcoin has been able to survive in the area of $ 20k to $ 28k,
and it reached $ 30k but has experienced another correction,
if you look at the chart, the price of Bitcoin has the potential for another breakout of $30k,
but indeed we holders have to be patient if we want to win.
Even bitcoin is very likely to reach $1 million, but when?
To be honest no one can predict with any degree of accuracy the future of bitcoin especially regarding its price.

It could reach $50k by 2023, or maybe not. While a prediction is still a prediction, some believe that it may be useful to maintain confidence in the potential future price of bitcoin. I tend to want to enjoy what's there, but also not miss some opportunities should bitcoin drop lower. Someone could say I'm optimistic about x and y prices in the next few years, but they don't have any kind of analysis on that.
full member
Activity: 1064
Merit: 100
Combo Network
May 28, 2023, 02:28:04 PM
In my opinion, there is a possibility that Bitcoin will go to $ 50k,
because for several months the price of Bitcoin has been able to survive in the area of $ 20k to $ 28k,
and it reached $ 30k but has experienced another correction,
if you look at the chart, the price of Bitcoin has the potential for another breakout of $30k,
but indeed we holders have to be patient if we want to win.
hero member
Activity: 1414
Merit: 670
May 28, 2023, 12:56:54 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...
No one can predict exactly next movement of Bitcoin price due to his volatile nature, so try to avoid such kind of question, because any wrong suggestion can drowed your portfolio so rather than taking suggestion you should go out search about it and educate yourself about such kind of stuff and take a step.
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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 important for you to not invest such amount kind of amount in Bitcoin which you need shortly, because mostly short term are not profitable compared to long term investment in Bitcoin, so now you should not afraid about anything and just hold it for long, believe me you will be really pleased about your decision..
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
May 28, 2023, 10:23:40 AM
Op you don't have to worry yourself, just calm down and continue the investment. And don't be afraid. When you discovered that the price is coming down to expectation then you have to stop selling and acquire as much as possible. Time is coming that the price of bitcoin will shock the whole world. If the price of bitcoin reduce to $15,000 again as it was last year, it will be a nice time to buy as many as one can if only there is money to buy more. Then when the price goes up then you make your profit.

It's important to approach investments, including Bitcoin, with a careful and informed mindset. While Bitcoin has shown significant growth over the years, it's crucial to remember that the cryptocurrency market can be highly volatile and unpredictable. Price movements can be influenced by various factors, including market sentiment, regulatory developments, technological advancements, and macroeconomic conditions.
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
May 27, 2023, 05:19:48 PM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.
$ 25k to $ 28k is the range of the consolidated Bitcoin price, I'm still grateful that Bitcoin hasn't fallen from $ 20k,
meaning Bitcoin is still strong and has the potential to pump again,
yes the condition is that Bitcoin can be above $ 30k and hold it, then bullish will come,
I hope june marketcap can go up and make the market bullish again.

Why are you afraid bitcoin drops below 20k? While if that happens, we have a chance to buy bitcoin at a high discount. Like the people who bought bitcoin last year for $16k have made huge profits, while many are still scared about the market. To get a big profit, buying low and selling high is the best way we have. So, Bitcoin's drop is something we should be excited about rather than continue to worry about.

June is also usually a bad month for bitcoin based on history, so don't expect too much but instead continue to prepare an accumulation plan if bitcoin's decline continues.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
May 27, 2023, 12:57:30 PM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.
$ 25k to $ 28k is the range of the consolidated Bitcoin price, I'm still grateful that Bitcoin hasn't fallen from $ 20k,
meaning Bitcoin is still strong and has the potential to pump again,
yes the condition is that Bitcoin can be above $ 30k and hold it, then bullish will come,
I hope june marketcap can go up and make the market bullish again.

Yeah, before it can fall to $20k, we still have a support line at $25k, so most likely it will going to hold unless there is really bad news in the market and we can see a huge sell off, so far it's not happening as we just training sideways.

We already reach $30k, it's just there are speculators who sell because they are taking profits, so you can't blame them for that.

But in any case we might see $30k again, it's not that far, we ares still in the $26k this May although this might be the first time that we will see a red dildo in a month.
I think speculators are largely to blame. I'm not talking about spot trading, where you can just buy or sell coins. If there were no futures in the market, it would be less manipulative. That all changed when the big boys with big money came into the market. Remember 2017 when the bubble inflated a lot but collapsed after futures came in. They are making huge money.
hero member
Activity: 2842
Merit: 772
May 27, 2023, 11:39:23 AM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.
$ 25k to $ 28k is the range of the consolidated Bitcoin price, I'm still grateful that Bitcoin hasn't fallen from $ 20k,
meaning Bitcoin is still strong and has the potential to pump again,
yes the condition is that Bitcoin can be above $ 30k and hold it, then bullish will come,
I hope june marketcap can go up and make the market bullish again.

Yeah, before it can fall to $20k, we still have a support line at $25k, so most likely it will going to hold unless there is really bad news in the market and we can see a huge sell off, so far it's not happening as we just training sideways.

We already reach $30k, it's just there are speculators who sell because they are taking profits, so you can't blame them for that.

But in any case we might see $30k again, it's not that far, we ares still in the $26k this May although this might be the first time that we will see a red dildo in a month.
full member
Activity: 1260
Merit: 103
The OGz Club
May 27, 2023, 01:40:45 AM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.
$ 25k to $ 28k is the range of the consolidated Bitcoin price, I'm still grateful that Bitcoin hasn't fallen from $ 20k,
meaning Bitcoin is still strong and has the potential to pump again,
yes the condition is that Bitcoin can be above $ 30k and hold it, then bullish will come,
I hope june marketcap can go up and make the market bullish again.
hero member
Activity: 1498
Merit: 785
May 26, 2023, 12:19:57 PM
Is there need to keep on worrying about something that is volatile, bitcoin can rise and fall, it value is always and ever increasing, when it falls you buy and when it rises then you sell, there's a major event called halving that set a new bitcoin all time high record for a new price where it is believed that bullrun will occur, these are the things that have already been happening before and will continue to because it has never loose or drop in value despite it high volatility nature.
We have to understand that bitcoin is never stable so there's no need to worry about it because if you want a stable bitcoin price it will never happen if bitcoin wants to continue to increase then it must be in a bullrun season but we never know when this will come except to wait again until the time comes, behind the continuous increase there is a bearish season when prices fluctuate and fall continuously causing many factors and making investors panic and that season is always there from every cycle.

Bitcoin has high volatility but there are always a lot of enthusiasts, so I'm sure it will always increase from new enthusiasts who become investors. a target higher than $100K is what many investors want.
hero member
Activity: 812
Merit: 560
May 26, 2023, 09:58:18 AM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.

Is there need to keep on worrying about something that is volatile, bitcoin can rise and fall, it value is always and ever increasing, when it falls you buy and when it rises then you sell, there's a major event called halving that set a new bitcoin all time high record for a new price where it is believed that bullrun will occur, these are the things that have already been happening before and will continue to because it has never loose or drop in value despite it high volatility nature.
full member
Activity: 671
Merit: 104
Buzz App - Spin wheel, farm rewards
May 24, 2023, 05:58:21 AM
It is very difficult to accurately predict whether the bitcoin price will continue to rise or not. If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible. Moreover, currently the price of bitcoin is trading in the range of $26k-$27k. Therefore, it is better for you to hold your assets first and continue to monitor the market so that you do not lose the momentum to sell at even higher prices.
member
Activity: 335
Merit: 34
Low Fidelity High Potential
May 24, 2023, 04:11:41 AM
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...?

The direction of the market is always changing and now many expect BTC resistance to be broken. but what happened now has not reached the $27,500 mark. I'm also thinking about whether this condition will continue like this this month. not to mention the holidays are in sight. will bitcoin continue to rise? I like this question from you guys.
legendary
Activity: 1988
Merit: 1109
Free Free Palestine
May 24, 2023, 03:53:34 AM
If you're a long-term holder, you wouldn't have thoughts like the ones you're asking, that's why I see you're a short-term holder, you should first learn trading here in cryptocurrency while you do actual trading here.
It's really important that you have an idea and know how to read the chart on the graph so that at least you know where the price of bitcoin will go if it goes up or down? It's not good for a trader to depend your sales on what others say, it looks like you don't know what you're getting into and you don't know what to do.
What you say is very precise and I also really agree with the opinion you gave him where a trader is not advised to depend on other people's words or on what is said by other people other than his own knowledge. And it is also true that traders usually don't hold on long-term because they tend to sell when they see profits in the short term even though the profits are very meager. So it is very important for a trader to continue learning in terms of looking at price charts so that he has his own standard when he wants to sell something in the market.

I assume he is not a short term investor, or trader, he is someone who does not have much knowledge of the market but wants to get rich quickly from bitcoin, nothing more and nothing less. Because if he was a real investor and took the time to understand the market, he would never ask these questions. With a way of investing that does not research everything by himself but prefers to invest according to the advice of others, sooner or later, he will have to pay the price.
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