At this point you can see that market price has slumped down back to 63k USD and we are facing the correction after the bull run. This is a common phenomena after a rise just as price will rise after another fall. Now it only shows that bitcoin will not always rise but correct and rise again and fall and continue the cycle.
The reason this is important to understand is that many newbie traders will think that people lost trust in crypto and it is no long going up. This is objectively false because the price depends on how much people are buying or selling and that does not correlate with bitcoin's trust or anything like that.
Learn to take advantage of the bear run. Buy at the low, but one can wait it out till the dropping percentage slows down a bit.
Topic: WILL BITCOIN CONTINUE TO RISE - page 2. (Read 863 times)
Quote from: moneystery
it is possible that the price of bitcoin will move up to $60k later, seeing how the market is currently quite positive towards bitcoin. it's just that in previous halvings, it was quite difficult for bitcoin to break its ath before the halving occurred, but it's possible that this won't happen at this time.
The price of BTC has moved to $69k and, the green light is still showing to encourage some hodlers that are still hodling to wait for $70k to come before they can sell to make the highest profits from the bull run and, it will be possible for the price of BTC to continue rising till it hit $100k before all those investors can sell to increase their profits.Quote
we all have hopes that bitcoin can at least pass $60k before the halving later to give positive sentiment to investors.
Investors that have $60k as their target in this year have cash out when the price hit that amount few days ago and those waiting for the price to reach $70k or $80k before they can release their BTC for sale and, they will soon feel the price before the end of next month. 
Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders ,
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
But even when you made your post, the price of Bitcoin had increased significantly. Moreover it is said that the price of Bitcoin rose to the highest price of $69k which may have been the best price of Bitcoin. Many predicted that the price of Bitcoin will touch $60k by the month of February. Maybe the price of Bitcoin is moving in that direction because the price of Bitcoin is currently at $56k. If Bitcoin increases some more, then the prediction of many may be completely matched. Seeing the Bitcoin price increase makes me think this may be the new ATH before the Bitcoin halving is organize.so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders ,
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
But even when you made your post, the price of Bitcoin had increased significantly. Moreover it is said that the price of Bitcoin rose to the highest price of $69k which may have been the best price of Bitcoin. Many predicted that the price of Bitcoin will touch $60k by the month of February. Maybe the price of Bitcoin is moving in that direction because the price of Bitcoin is currently at $56k. If Bitcoin increases some more, then the prediction of many may be completely matched. Seeing the Bitcoin price increase makes me think this may be the new ATH before the Bitcoin halving is organize. so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
By 2024 end, we are probably going to have something much better, it will not be too simple but we will definitely see it do well enough. I mean we are at a stage where things are not that easy to handle at the moment, but the halving is nearing as well, with the halving underway, the rest of the year should be much better.
We've already seeing better results already, price almost touching $60k before the halving. There were even speculations that we might break the last all time high pre-halving. So that will be a first if that happens. And we all know what is going to happen next after the halving.We wouldn't want a market crash right now because that would scare a lot of investors, just before the halving happens that would be bad for the market. Hopefully it will continue like this without an issue, it should be something nice.
Yes it will, that's the fact and it's really weird to me that a lot of people still don't believe that bitcoin is here to stay like, it's already been 15 uears since the Genesis, why do they still hate on bitcoin, that I don't know. In a short-term sense bitcoin doesn't look like it's going to rise much higher because there's going to be ups and downs along the way but if you think long-term for bitcoin then you're never going to be sorry, that's the reason why people are constantly preaching for everyone to hodl their bitcoin.
Thanks allot for the wonderful insight you've shared.
Come to think of it, boss the thing you talk na True o, after 15 years people still dey fear , Sha na so anything concerning investment just dey.
People go still continue to fear, because one person first day in the BITCOIN investment business fit be another person ten years. Like this forum now, you done dey for long, while me I just dey start, so the experience way you done gather for this years in the forum, my own no near am at all. So me I think say na so e be , in anything their must be late-commers.
By 2024 end, we are probably going to have something much better, it will not be too simple but we will definitely see it do well enough. I mean we are at a stage where things are not that easy to handle at the moment, but the halving is nearing as well, with the halving underway, the rest of the year should be much better.
We've already seeing better results already, price almost touching $60k before the halving. There were even speculations that we might break the last all time high pre-halving. So that will be a first if that happens. And we all know what is going to happen next after the halving.I personally believe that we are going to do fine, we just need to end up with a lot better result eventually if we know what we are doing. I am very well aware of the situation that we are going to end up with a much better result by the end of the year. This is of course what the market is saying in general, so I can't really say I have any proof about it, that is not how things work, so I can't really know.
We might see new all time high for this year, this is just the start of the bull run and so with that, everything will be positive for everyone. And isn't it wonderful, after what we have undergone during the bear market, FTX collapse, hitting a very low price of $15k, now we are just about to hit the bull run. 
Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders ,
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
If you talking about this year alone ? then you might not having a straight answer because who should know when halving is on the way close to now, but if we are talking about the possible ATH like what others asking before the halving then i can say nope we will not , remember that this will take at least months or year before the halving Bullrun comes so basically we are not seeing any significant in the next couple of months now.so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
We are far to end this year so anything is possible especially that there's something already good happening on bitcoin and we can say that the demand nowadays is more higher compare to past year since there are more people and institutions now are participating in the scene so for that I believe that there's a chance that we can see the past ATH would be reached. But if this will not come but at lest we still see some great price movements of bitcoin and there's huge chance that it will record a new ATH since halving hype is so strong.
But for asking if we can possibly to see a continuous rise like no dump will happen then I guess that's not really possible since even if bullish trend is so strong for sure there are series of corrections will happen.
Don't look on the next few months instead in the next year, the 50k price now shows that Bitcoin will keep pumping and it will progress more and more in the coming halving season so better watch out.
Apart from still having to be careful, everyone who has benefited from the continued increase in the price of Bitcoin which has exceeded $50K is now a day of joy for those who still hold their Bitcoin. Because at the halving moment, Bitcoin may not experience a price correction and instead continue to increase to reach a new ATH this year, so this also needs to be awaited and celebrated more wisely by those who still hold Bitcoin and also by Bitcoin investors during this time.Bitcoin will remain ever volatile and its value as well ever increasing, this tells us more on being attached with the responsibility of rising and falling, which is what its being meant by being volatile, anything that has value will will be in demands, anyone can sell pr buy at the rate they feels comfortable with, its a decentralized market and network, which is accompanied by the bull and bear seasons together.
we must respect everyone and every decisions because we all has different looks in market and also there must be others that need to lose for someone to win (like gambling right?)
By 2024 end, we are probably going to have something much better, it will not be too simple but we will definitely see it do well enough. I mean we are at a stage where things are not that easy to handle at the moment, but the halving is nearing as well, with the halving underway, the rest of the year should be much better.
I personally believe that we are going to do fine, we just need to end up with a lot better result eventually if we know what we are doing. I am very well aware of the situation that we are going to end up with a much better result by the end of the year. This is of course what the market is saying in general, so I can't really say I have any proof about it, that is not how things work, so I can't really know.
I personally believe that we are going to do fine, we just need to end up with a lot better result eventually if we know what we are doing. I am very well aware of the situation that we are going to end up with a much better result by the end of the year. This is of course what the market is saying in general, so I can't really say I have any proof about it, that is not how things work, so I can't really know.
Bitcoin will remain ever volatile and its value as well ever increasing, this tells us more on being attached with the responsibility of rising and falling, which is what its being meant by being volatile, anything that has value will will be in demands, anyone can sell pr buy at the rate they feels comfortable with, its a decentralized market and network, which is accompanied by the bull and bear seasons together.
Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders ,
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
If you talking about this year alone ? then you might not having a straight answer because who should know when halving is on the way close to now, but if we are talking about the possible ATH like what others asking before the halving then i can say nope we will not , remember that this will take at least months or year before the halving Bullrun comes so basically we are not seeing any significant in the next couple of months now. so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
It all depends on the amount of demand to accumulate the coin raised by the traders. If the demand is increasing, then definitely in order to maintain the demand, the price will go up due to the limited supply of the coin. The price will go up if more people buy the coins rather than selling it. This is definitely the bull run I must say. The price will continue rising like this till 100k usd for sure. So it’s time to celebrate for the long term holders.
Not only traders but also investors, and in fact it was the investors are the ones who contribute the most on the pump of the coin because they mostly buy and then they HODL their coins for a long time but traders are only benefiting on it because they immediately sell the coins that they have.By the time we hit $50k, many are saying that this is the bull run but it's only funny because they said the same thing when the price reached $30k and $40k. The only thing is that $50k is higher than them so why not this time right? But, we can't be sure yet if we can hit $100k in this new bull run. There is no way to predict it but the only thing that we can do is to wait and see.
I hope to make some returns, but it will probably not be an easy thing to profit, I have to wait some more and eventually I will make some profit, we just need to let it get to a point where it will take a while for it to go even higher, so patience is the most important part.
It all depends on the amount of demand to accumulate the coin raised by the traders. If the demand is increasing, then definitely in order to maintain the demand, the price will go up due to the limited supply of the coin. The price will go up if more people buy the coins rather than selling it. This is definitely the bull run I must say. The price will continue rising like this till 100k usd for sure. So it’s time to celebrate for the long term holders.
Not only traders but also investors, and in fact it was the investors are the ones who contribute the most on the pump of the coin because they mostly buy and then they HODL their coins for a long time but traders are only benefiting on it because they immediately sell the coins that they have.By the time we hit $50k, many are saying that this is the bull run but it's only funny because they said the same thing when the price reached $30k and $40k. The only thing is that $50k is higher than them so why not this time right? But, we can't be sure yet if we can hit $100k in this new bull run. There is no way to predict it but the only thing that we can do is to wait and see.
on which you should really be also need to be careful if you dont want to be derailed. Each of us does have that different approach on things and decisions made.
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Not only traders but also investors, and in fact it was the investors are the ones who contribute the most on the pump of the coin because they mostly buy and then they HODL their coins for a long time but traders are only benefiting on it because they immediately sell the coins that they have.By the time we hit $50k, many are saying that this is the bull run but it's only funny because they said the same thing when the price reached $30k and $40k. The only thing is that $50k is higher than them so why not this time right? But, we can't be sure yet if we can hit $100k in this new bull run. There is no way to predict it but the only thing that we can do is to wait and see.
The price of bitcoin has more than tripled since January 2023, the lowest price then was $16,500 and is now $51,000. Basically the bullish season has started since January 2023, but the increase is gradual and tends not to be considered bullish. I think it's a start for a bullish start before bitcoin climbs higher forming its new ATH after the halving.Anyone who buys at low price in January 2023, then today have received a return of 3 times the value of their initial investment. If they had do DCA, then the total profit might have been different. Of course, the holder can take such a large profit, while the trader only regrets his decision not to hold. Traders try to make small profits but do so over time, while holders only need the right timing for their investments to actually provide the expected returns.
It all depends on the amount of demand to accumulate the coin raised by the traders. If the demand is increasing, then definitely in order to maintain the demand, the price will go up due to the limited supply of the coin. The price will go up if more people buy the coins rather than selling it. This is definitely the bull run I must say. The price will continue rising like this till 100k usd for sure. So it’s time to celebrate for the long term holders.
Not only traders but also investors, and in fact it was the investors are the ones who contribute the most on the pump of the coin because they mostly buy and then they HODL their coins for a long time but traders are only benefiting on it because they immediately sell the coins that they have.By the time we hit $50k, many are saying that this is the bull run but it's only funny because they said the same thing when the price reached $30k and $40k. The only thing is that $50k is higher than them so why not this time right? But, we can't be sure yet if we can hit $100k in this new bull run. There is no way to predict it but the only thing that we can do is to wait and see.
Yes it will, that's the fact and it's really weird to me that a lot of people still don't believe that bitcoin is here to stay like, it's already been 15 uears since the Genesis, why do they still hate on bitcoin, that I don't know. In a short-term sense bitcoin doesn't look like it's going to rise much higher because there's going to be ups and downs along the way but if you think long-term for bitcoin then you're never going to be sorry, that's the reason why people are constantly preaching for everyone to hodl their bitcoin.
it is possible that the price of bitcoin will move up to $60k later, seeing how the market is currently quite positive towards bitcoin. it's just that in previous halvings, it was quite difficult for bitcoin to break its ath before the halving occurred, but it's possible that this won't happen at this time.
we all have hopes that bitcoin can at least pass $60k before the halving later to give positive sentiment to investors.
we all have hopes that bitcoin can at least pass $60k before the halving later to give positive sentiment to investors.
It all depends on the amount of demand to accumulate the coin raised by the traders. If the demand is increasing, then definitely in order to maintain the demand, the price will go up due to the limited supply of the coin. The price will go up if more people buy the coins rather than selling it. This is definitely the bull run I must say. The price will continue rising like this till 100k usd for sure. So it’s time to celebrate for the long term holders.
Automatically, if there is a lot of demand and the stock decreases, you can be sure that the price will immediately increase because there is more demand than the existing stock. Clearly, this is an economic law that will always happen, and also in crypto.You are right that with many investors and traders buying coins rather than selling them, the price will rise and cannot be suppressed other than adding more supply, but usually holders will continue to hold so that the price can increase, and that is the aim of the investment made.In the current situation, entering the halving period, there will certainly be movement to increase, as it can be seen that currently the price is above $52K and is likely to continue to increase, although rather slowly. But once again, everything could be out of control because it is difficult to predict movements, and the possibility of correction could occur before or after the halving. With demand clearly surpassing supply since the ETF approvals and the halving right around the corner, I would say the only thing able to stop this market from continuing it’s rise is a massive amount of coins being sold on the market. The only such hoard of coins coming to the market is mtgox, so that’s the swan to watch for.
Exactly,the approval of the ETF has influence it greatly but for me,I think it will retrace to gather more momentum before any movement.It gonna be a massive move, though am not that good at Technicals.So,I advice we watch closely now.Buying and holding should be the best approach now.
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