Since we are in the bull season, I guess BTC will continue to rise in this season so that hodlers will continue selling their BTC to prepare ahead of the next bear run which may take place next year for both short term and long term hodlers to use the period to buy and hodl again.
If you are still hodling your BTC, I will advise you to think twice to know if you will continue hodling your BTC or sell them now because the price is going down gradually to some points hodlers will be afraid to sell their BTC in the market.
Topic: WILL BITCOIN CONTINUE TO RISE (Read 849 times)
Even if Bitcoin's "rise" doesn't continue, the one thing you can be 100% sure of is that the dollar will continue to fall in purchasing power due to being printed more and more until the debt eventually destroys our country and we have to sell off our National Parks to China. My advice would be to buy Bitcoin, but also anything else that will appreciate alongside inflation like gold or art. Property has historically been where most common people park their wealth, but I think as debts get more out of control the government will become increasingly reliant on raising property taxes to keep themselves alive. Stocks might also be a good bet if you diversify and avoid the bankrupt companies. I do believe in another generation or two it will be clear as day that you can't work yourself out of poverty no matter how smart of skilled you are and those of us who burn wealth instead of build it will be dooming our ancestors to a subpar life of ever falling standards of living.
The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
This is out of the ordinary. Bitcoin has been able to pass the ATH, but indeed, Bitcoin will continue to move upwards until the halving period ends, but perhaps initially there will be a correction as usual. But the ATH in mid-March was not the last ATH. There will be another last ATH but maybe not this year. If you look at the 4-year cycle, the last ATH will occur in 2025, and it could be at the beginning or end of the year. It's still hard to predict.Maybe if we look at the situation, the last ATH will provide a big surprise, and we are waiting for it and always ready for something to happen outside of that.
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The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
Today the price of Bitcoin has returned to $70K, where price increases are starting to be seen again in the market, so it is still possible to hope for a price higher than $73K. Because that is not the last point that Bitcoin can reach this year, especially if the potential price increase can continue due to some of the best effects and moments this year. For now, I still think that Bitcoin could reach the price of $75K before the halving or after the halving because the range is not too far from the current price. 
Yes the value of bitcoin has already increased a lot. By the end of March, Bitcoin reached $66,000 and had reached a high of $72,000, and shortly after that, the price went on its own. However, since the halving is still a few days away, it is expected that the value of Bitcoin will increase further. Bitcoin's history shows that every time Bitcoin has halved, its value has reached its highest volume. It was priced at $69,000 when it had its previous halving in 2021, and has since gradually declined to $15,000 And also the demand for Bitcoin is very high and most of the people invest and trade here so it is expected that the value of Bitcoin will increase.
New investors are constantly increasing. As a result, the demand for Bitcoin is also increasing. Moreover, every four years due to the halving of Bitcoin, the price of Bitcoin increases greatly. If that trend continues, we will soon see Bitcoin prices rise even further. We can expect to see this halving by the end of next month where the block reward of miners will be halved and the Bitcoin price will increase significantly. Various Bitcoin experts believe that Bitcoin can reach the $100k target before the upcoming halving. From now until the upcoming halving we will see the value of Bitcoin rise. But the price movement of Bitcoin this year may be slightly different than other years as we will see an effect of ETFs in the market. If for some reason the Bitcoin price doesn't rise after the halving event, we may be able to see a big movement towards the end of this year or early next year.
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?
So now that bitcoin have reached your target price? i mean the one you are asking here 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?
so are you still seeking for more growth? rising bitcoin is enough here to expect mate because
we are not yet reaching halving and we knew that expecting much will only bring you more
failure so yeah do it wisely . continuation of growth will happen next year in 2025.
The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
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?
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?
Bitcoin price fluctuates all the time because there is always massive investor presence and buying and selling of Bitcoin price. Bitcoin price has already set a new record of 2024 which touched up to 73.6k dollars. And its potential and high speed as the current bitcoin price is up to 67k dollars. There are only 27 days left for the halving to take place, after which time there is a high chance that the price of Not Married will be revised.
Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
This mean there's no permanent up for bitcoin especially if those people think about nothing can stop for bitcoin to grow since they need to consider some corrections to happen so that if they experience the same scenario again they can avoid to get afraid on this situation. Also they can do good actions whether accumulating and not doing those unnecessary dump since this could really affect their investment to go in bad condition if they are not doing good research then assessing the situation.The limited supply of bitcoin gives clear picture for huge price growth especially that demand rise each year as there are a lot of people willing to engage and accumulate bitcoin for their imvestment.
All in all I think we will always go up more and more, and that all time high price will keep on being broken more and more. Look at the price now, would you be shocked if ATH was broken again in a week? I wouldn't, that feels like the most natural thing in the world, but it did drop 10k? So, how come? Well that's what bitcoin does, it's volatile.
Whats your take on this matter?
It is very natural for a correction to occur after just reaching a new ATH, even though the market is approaching the Halving which is expected to occur in mid-April 2024. This correction was previously recognized by investors, known as the pre-halving correction. The current movement in the market is one of the best situations that can be exploited to collect Bitcoin because the volatility has the potential to tend to rise and the price trend is still at the beginning of the bullish phase.You can use periods like now to buy Bitcoin regularly by taking advantage of overbought and oversold conditions depending on the funds you hold or buy the dip when prices are relatively lower.
Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
The demand greatly influence the rate of bitcoin but I think bitcoin demand is still higher but there is dip in Bitcoin's price, actually this is due to the correction before halving which is necessary. Demand for bitcoin was lower in past because everyone was not familiar with its success but now there is a huge pump in bitcoin price as everyone wants to get bitcoin before halving.
Demands for bitcoin will not reduces before halving because everyone knows better that during halving and after halving prices of every coins surges so no one will want to miss this opportunity therefore I think that bitcoin will rise more.
if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen.
I do not think that will happen though, we are talking about supply decreasing while there is no valid reason for the demand to decrease, and at that much level anyhow. So, the price needs to go up to cover for the lack of supply to make it work for the miners as well, the moment they stop selling because it is too cheap, the price goes high anyway so you get even lesser supply.Usually in market, everything is possible and it has happened before but I think there is no reason to break the cycle at the moment and the way we are going right now is actually quite supportive of the fact that people are hyped about it. The main reason why we got this high this early is that everyone knew it would so they got into positions.
Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
This mean there's no permanent up for bitcoin especially if those people think about nothing can stop for bitcoin to grow since they need to consider some corrections to happen so that if they experience the same scenario again they can avoid to get afraid on this situation. Also they can do good actions whether accumulating and not doing those unnecessary dump since this could really affect their investment to go in bad condition if they are not doing good research then assessing the situation.
The limited supply of bitcoin gives clear picture for huge price growth especially that demand rise each year as there are a lot of people willing to engage and accumulate bitcoin for their imvestment.
Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
History is slowly changing and we have no evidence to guarantee that bitcoin will go even higher after the halving like previous bull cycles. The fact that people are too dependent and put all their expectations on the halving is actually quite risky and somewhat subjective. Have we ever asked the question, what will we do if after the halving bitcoin does not grow and the bear market appears earlier than expected, what will we do next?
It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
Quite a good question, mate, and if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen.
If that bad scenario happens, I think people will not be afraid but will be very disappointed and extremely depressed because we are all placing all our expectations on the halving. We have endured 3 years of bear season just waiting for the halving to take place to reap the fruits we have sown over the years. So if things don't go as expected, I'm pretty sure most people will be disappointed and if the bear season lasts another 2 years, not many people will stay with bitcoin. Look at people's reactions when the ETF was approved and bitcoin didn't go up in price immediately after. Halving is a much bigger expectation than the ETFs.
Like a tent on a camping trip or my pants in the morning, Bitcoin's demand will act like tent poles lifting up the price until it's value hangs over our head safeguarding the value of our created wealth and keeping us out of the ills that nature has in store for us otherwise. Things like inflation or asset seizure will bounce off our safety layer like wind or rain, leaving us free to warm ourselves by the fire of our crypto incomes, knowing that we found our place before we were left out to fight the dangers of nature with the rest of the animals.
Yes the value of bitcoin has already increased a lot. By the end of March, Bitcoin reached $66,000 and had reached a high of $72,000, and shortly after that, the price went on its own. However, since the halving is still a few days away, it is expected that the value of Bitcoin will increase further. Bitcoin's history shows that every time Bitcoin has halved, its value has reached its highest volume. It was priced at $69,000 when it had its previous halving in 2021, and has since gradually declined to $15,000 And also the demand for Bitcoin is very high and most of the people invest and trade here so it is expected that the value of Bitcoin will increase.
History is slowly changing and we have no evidence to guarantee that bitcoin will go even higher after the halving like previous bull cycles. The fact that people are too dependent and put all their expectations on the halving is actually quite risky and somewhat subjective. Have we ever asked the question, what will we do if after the halving bitcoin does not grow and the bear market appears earlier than expected, what will we do next?
It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
Quite a good question, mate, and if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen.
Bitcoin continues to increase as the Bitcoin halving period approaches, attention to the cryptocurrency market has increased in the last four hours the price of bitcoin has touched $64k, it is not impossible that in the next few weeks bitcoin will create a new ATH price, considering the previous ATH was $69k then a little more bitcoin will make new history. Bitcoin is always an attractive option to diversify your portfolio during this period. Let's make the Bitcoin halving a momentum to create financial freedom in the future.
Don't just make the Bitcoin halving a momentum for financial freedom, but with this momentum it can at least slightly increase our enthusiasm and desire to buy Bitcoin gradually. Especially in conditions that are currently experiencing a price correction, which is generally very suitable for everyone to take advantage of in terms of buying to increase the existing quantity. Currently the price correction is still continuing, but on the one hand I think that this may not last for very long in Bitcoin because considering the previous momentum, namely the Bitcoin Halving.History is slowly changing and we have no evidence to guarantee that bitcoin will go even higher after the halving like previous bull cycles. The fact that people are too dependent and put all their expectations on the halving is actually quite risky and somewhat subjective. Have we ever asked the question, what will we do if after the halving bitcoin does not grow and the bear market appears earlier than expected, what will we do next?
It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
Bitcoin continues to increase as the Bitcoin halving period approaches, attention to the cryptocurrency market has increased in the last four hours the price of bitcoin has touched $64k, it is not impossible that in the next few weeks bitcoin will create a new ATH price, considering the previous ATH was $69k then a little more bitcoin will make new history. Bitcoin is always an attractive option to diversify your portfolio during this period. Let's make the Bitcoin halving a momentum to create financial freedom in the future.
Don't just make the Bitcoin halving a momentum for financial freedom, but with this momentum it can at least slightly increase our enthusiasm and desire to buy Bitcoin gradually. Especially in conditions that are currently experiencing a price correction, which is generally very suitable for everyone to take advantage of in terms of buying to increase the existing quantity. Currently the price correction is still continuing, but on the one hand I think that this may not last for very long in Bitcoin because considering the previous momentum, namely the Bitcoin Halving. 
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.
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.
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.
The real bull run is going to happen several months after the halving. The current price pump might be a short term price bubble, which is going to pop in March, April or May. I can't measure the impact of the Bitcoin ETFs over the BTC price, but I guess that the institutional investors will help at forming new FOMO phases in the BTC market. Last month, I thought that the BTC price will drop below 40K USD and right now the price is going above 52K USD. I'm not the best trader and Bitcoin always finds ways to surprise me.
That is something that many people need to realize but they are expecting it too soon. I think we will break the ATH at the end of this year, and be higher in 2025 as well. But they are expecting so high that, if you asked the public right now, they would say we may break it around halving and then be 100k by the end of the year. I think that can't be done and needs to change.I think the clear choice right now would be making sure that we are dealing with a good profit one way or another and for that to mean something, we need to just keep on holding. Don't expect it to get that well, it is not going to get that well, it won't go up that quickly. Those prices will be reached, it is just not going to be as quickly as some people think.
Whats your take on this matter?
Bitcoin is not new and we've been saying the same thing about it for a long time now and this will never change. It is an asset with a very good prospect, it will continue to rise because history has always vindicated it and most people are buying the scope of what history has done n terms of tradition. In addition to that. Bitcoin has been inculcated into the mainstream of the financial market and it is such an asset that people love to own since it has a very good future. But aside from all these, it is such an asset that is so analyzeable on the chart and has been so lovely to be bought especially when it is in its bullish season.Also, as you can see all around the coin, Bitcoin is in its bullish season, no one should think otherwise even as the technical analysis is favouring the coin as well. It is long-term in the bullish disposition when it comes to the technical chart's predictions, so I expect it to rise even more this year and part of next year. After which it might not be safe to continue to buy it for a while. It might at that time enter another bearish season which calls fr caution. Just be well-informed of this and let your trading chart be your guide.
WILL BITCOIN CONTINUE TO RISE
Some speculation shows that every thing where there is still buying and selling trading activity, the goods continue to move as time goes by, this is a common thing that happens in the market.I am sure that while Bitcoin is still a mainstay and is used as a basis for digital trading for users all over the world, I am very sure that Bitcoin will continue to develop and grow all the time.
In essence, goods become expensive and grow in market, while users need and require these goods, Bitcoin is currently one of the digital currencies that many people are interested in, of course it will continue to develop well.
At present it will continue to rise, this is a bull run happening and crossing 52k USD I expect the prices to stop somewhere near 55k USD before dropping again. Again this is my pure speculation dont base your judgement on that.
I was wrong in expecting the selling pressure at 50k USD to turn the tables so it would be worth noting if my above prediction turns out bad or not.
However giving a clear range as to what the price will consolidate at is difficult. If it drops it might go back to 45k USD and it is goes up, well I am not complaining at all, we should cross our last ATH.
I was wrong in expecting the selling pressure at 50k USD to turn the tables so it would be worth noting if my above prediction turns out bad or not.
However giving a clear range as to what the price will consolidate at is difficult. If it drops it might go back to 45k USD and it is goes up, well I am not complaining at all, we should cross our last ATH.
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.
This is a tweet reposted by PLANB on X, very interesting outlook on the market primarily
because its extremely bullish!
HIs points that he expects the market price to grow approximately $1000 per day for the next
few weeks is interesting and will be very good news for the community here and for day traders.
His second event which he points out is that most ETF traders CAN ONLY start trading 90 days after
launch is very enlightening and sets the stage for big pressure on the halved supply when those
90 days are up.
Plenty of points answering the thread title that yes the markets will "continue to rise"
https://twitter.com/marcvanderchijs/status/1757945222007525598?t=AcMCQvIPUjRAkl6JcETNvw&s=09
because its extremely bullish!
HIs points that he expects the market price to grow approximately $1000 per day for the next
few weeks is interesting and will be very good news for the community here and for day traders.
His second event which he points out is that most ETF traders CAN ONLY start trading 90 days after
launch is very enlightening and sets the stage for big pressure on the halved supply when those
90 days are up.
Plenty of points answering the thread title that yes the markets will "continue to rise"
https://twitter.com/marcvanderchijs/status/1757945222007525598?t=AcMCQvIPUjRAkl6JcETNvw&s=09
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?
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?
The real bull run is going to happen several months after the halving. The current price pump might be a short term price bubble, which is going to pop in March, April or May. I can't measure the impact of the Bitcoin ETFs over the BTC price, but I guess that the institutional investors will help at forming new FOMO phases in the BTC market. Last month, I thought that the BTC price will drop below 40K USD and right now the price is going above 52K USD. I'm not the best trader and Bitcoin always finds ways to surprise me.
In the end its still a demand vs supply situation. And right now the demand is much higher than the supply.
And with the upcoming halving, the supply situation will get even worse..
And with the upcoming halving, the supply situation will get even worse..
clearly the price of bitcoin will continue to rise at this time again bull run or up trend aka bullish trend. because this year is the year of halving. so until next year bitcoin will continue to rise or uptrend.
but yes, be careful not to buy at the top price, it can take a long time TP take profit
If there is still potential to continue to rise, I don't think it would be wrong for some people to still want to buy Bitcoin at this time even though the take profit will be a longer wait. Because the previous people who didn't sell at a lower price and still kept it until now have also waited a long time to see a moment like this. So for now some people may set a target price to release it into the market in order to take existing profits even though they may not sell all their holdings. but yes, be careful not to buy at the top price, it can take a long time TP take profit
The price has breached $52k today and is now down slightly. It's a good idea to continue accumulating, but stick with the same strategy as before. I tend to ignore short-term profit potential and focus more on long-term return potential, so even if $52k or $60k is reached during the year, there is no intention of selling.
Over time prices will continue to increase, but price volatility is inevitable. Small corrections are certainly possible and not completely inevitable for the market, but if the focus is long term then short term volatility should not be a problem.
Current bitcoin price keep stable get optimistic with bitcoin keep continue to rise in each 4 years cycle, last bitcoin correction after ETF approval and right now break out from lower price until rise $52k still not large correction and seems bitcoin more promising raise to higher price before halving time arrive. Good ideas keep hold bitcoin until halving time coming and wait bitcoin potential raise how much price exactly almost one week only with small correction. Over time prices will continue to increase, but price volatility is inevitable. Small corrections are certainly possible and not completely inevitable for the market, but if the focus is long term then short term volatility should not be a problem.
Focus for long term is good ideas with bitcoin, but don't be excited when looking price bitcoin keep going up day by day for selling because has potential for will raise above $60k or more. If not has intention of selling hold bitcoin as long possibilities and sell it later after raising up to the higher price and we can celebrate with new ATH.
The numbers are out for Feb 14th for the etf flows. Pretty sure these are all the major ones that make the most difference.
IBIT $224M
Bitwise $47M
Fidelity $119M
ARK $102M
GBTC -$131M
So around $360M net inflows, we got a few more etfs which didn’t report yet. So not as high as yesterday but still a crazy high number.
IBIT $224M
Bitwise $47M
Fidelity $119M
ARK $102M
GBTC -$131M
So around $360M net inflows, we got a few more etfs which didn’t report yet. So not as high as yesterday but still a crazy high number.
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?
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 will gradually increase for sure. However, there might be a little roller coaster ride while on the process of getting to the next ATH, since majority of the short traders will continue to ride the waves of fluctuations. With the current price actions, I think bitcoin would roam around the region of $50k- $60k max, before the actual halving takes place.
What's gonna be more exciting is the next 5+ months after the actual halving, that is where usually the unprecedented bullrun would usually happens.
based on Bitcoins 4 year cycle and tha Halving marking the end of one cycle and beginning
of another history has told us that this current Bull run will last another 10 to 12 months.
Within this part of the cycle we could have a general increase in price with many corrections
along the way to a new ATH.
This is all based on what has happened in the last 3 post halving events but these are different
times we are in now so anything can happen.
Maybe the rise will be shorter, maybe longer, maybe changing the whole 4 year cycle scenario.
of another history has told us that this current Bull run will last another 10 to 12 months.
Within this part of the cycle we could have a general increase in price with many corrections
along the way to a new ATH.
This is all based on what has happened in the last 3 post halving events but these are different
times we are in now so anything can happen.
Maybe the rise will be shorter, maybe longer, maybe changing the whole 4 year cycle scenario.
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?
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?
clearly the price of bitcoin will continue to rise at this time again bull run or up trend aka bullish trend. because this year is the year of halving. so until next year bitcoin will continue to rise or uptrend.
but yes, be careful not to buy at the top price, it can take a long time TP to make a profit
We may see an all-time high price before the bitcoin halves and make a clear attempt to reach that record high before March- April when the halven cycle will be achieved.
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?
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?
clearly the price of bitcoin will continue to rise at this time again bull run or up trend aka bullish trend. because this year is the year of halving. so until next year bitcoin will continue to rise or uptrend.
but yes, be careful not to buy at the top price, it can take a long time TP take profit
Only time will tell, it can be trapped at this point and some corrections are on their way. And if we're going to see that part, any price below the current is always possible. $29k is possible but I don't think that we'll get back there, there's a stronger bullish part at this end than of going with the bearish sentiment. As we all know, the cycle is in and once we pass through the halving then any price that's higher than of today's price is possible to be surpassed. Long term wise, we know that Bitcoin will continue to get back to its former ATH of 2021 and then might be higher than that. While these ETF purchases could still be probably sold by these institutions in batches as what they used to do and that's to make money but buying force and demand is higher thanks to halving and the cycle that we're in.
Yes, Bitcoin is a volatile asset, although there are some tools to help us predict, it's not that accurate. As we can see, when we had the ETF approved, we thought that it's automatic $50k for us. But guess what? the price moves in the opposite direction, it goes to $39k. But then again, after a week or two, price is now $50k and now still moving to $52k. So maybe we can see another correction, or maybe the price will continue to go up, only time can tell. And again, there will be some technical analysis that seems to be predicting this movement, but it could be invalidated by a simple negative news and pull down the market again. But we still up some aces, the block halving. It will be the catalyst for the price to increase in the future and welcoming us for the bull run.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.The price has breached $52k today and is now down slightly. It's a good idea to continue accumulating, but stick with the same strategy as before. I tend to ignore short-term profit potential and focus more on long-term return potential, so even if $52k or $60k is reached during the year, there is no intention of selling.
Over time prices will continue to increase, but price volatility is inevitable. Small corrections are certainly possible and not completely inevitable for the market, but if the focus is long term then short term volatility should not be a problem.
Bitcoin has shown resilience and a tendency to surprise, whether with sharp rises or corrections.
This continued adoption and increased institutional interest are driving Bitcoin's upward momentum.
Hitting the $50K mark again after 2 years is a big deal, it shows sustained interest and potential for further growth.
All scenarios that you have mentioned are possible, but each comes with its own set of ifs and buts.
If the price of Bitcoin os able to sustain the 50k above region for the next coming days and being able to gather the momentum that will push the price to remain at that price, it will definitely be another season were we may likely see the next all time high prior to bitcoin halves, so for Bitcoin to have attain this price in this period in time, these shows that we may be in for another round of bull run. This continued adoption and increased institutional interest are driving Bitcoin's upward momentum.
Hitting the $50K mark again after 2 years is a big deal, it shows sustained interest and potential for further growth.
All scenarios that you have mentioned are possible, but each comes with its own set of ifs and buts.
But we may not be certain as to whether the price of Bitcoin continues to rise or not and for that we need just to follow the market in such a way that we may be able to withstand whatever outcome that we may have at the end of the day either bull market or a correction before the main ATH.
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. Only time will tell, it can be trapped at this point and some corrections are on their way. And if we're going to see that part, any price below the current is always possible. $29k is possible but I don't think that we'll get back there, there's a stronger bullish part at this end than of going with the bearish sentiment. As we all know, the cycle is in and once we pass through the halving then any price that's higher than of today's price is possible to be surpassed. Long term wise, we know that Bitcoin will continue to get back to its former ATH of 2021 and then might be higher than that. While these ETF purchases could still be probably sold by these institutions in batches as what they used to do and that's to make money but buying force and demand is higher thanks to halving and the cycle that we're in.
Yes, Bitcoin is a volatile asset, although there are some tools to help us predict, it's not that accurate. As we can see, when we had the ETF approved, we thought that it's automatic $50k for us. But guess what? the price moves in the opposite direction, it goes to $39k. But then again, after a week or two, price is now $50k and now still moving to $52k. So maybe we can see another correction, or maybe the price will continue to go up, only time can tell. And again, there will be some technical analysis that seems to be predicting this movement, but it could be invalidated by a simple negative news and pull down the market again. But we still up some aces, the block halving. It will be the catalyst for the price to increase in the future and welcoming us for the bull run.
Only time will tell, it can be trapped at this point and some corrections are on their way. And if we're going to see that part, any price below the current is always possible. $29k is possible but I don't think that we'll get back there, there's a stronger bullish part at this end than of going with the bearish sentiment. As we all know, the cycle is in and once we pass through the halving then any price that's higher than of today's price is possible to be surpassed. Long term wise, we know that Bitcoin will continue to get back to its former ATH of 2021 and then might be higher than that. While these ETF purchases could still be probably sold by these institutions in batches as what they used to do and that's to make money but buying force and demand is higher thanks to halving and the cycle that we're in.
Whats your take on this matter?
Bitcoin is a volatile asset and no one knows what the price could be in the coming months, all we can do is to speculate. Today, you can see how the price took a dive to $46.3k, which many persons never anticipated but it's now back up to $51.4k. So the idea is to keep holding and not to be distracted by the price swings. After Bitcoin halving we expect the market to begin to gain momentum for the bull season.
Whats your take on this matter?
Bitcoin will never be trapped in the ranges you have given, and will never make that big correction of touching $29637, after touching $64302. That's because the last time when BTC touched $48k, most of the retail traders and investors booked profit and exited the market. That's why the volume increases and supply also. Means the price drops ever since. But that was obviously a correction and most of us know BTC will make a comeback.One of my local influencers, made a prediction 3 days before about BTC touching $48k that's because the pattern was reverse head and shoulder and according to that BTC is going up to $48k. And that same influencer made another tweet few days ago that BTC might touch $55k. So, I am bullish now that BTC will touch $55k but I don't think it will be trapped here for so long considering the fact halving is coming and bull also.
According to my theory, I am seeing two faces of the current market. The first is that if we see the rapid rise of this price, it shows that it is a trap for whales because long and short trades are open from 43k to 51k and whales are punting the price under the pretext of liquidating it. Because the stock trade is very open until 51k, it is a trap to liquidate it.
Second, my guess is, look at this price movement, it seems that it will be repeated like in 2016 because in the price movement of 2016, Bitcion used to start rallying before Halving, meaning a straight forward rise, and when Halving came, suddenly happened, found the dump. So if we see that the next halving is on August 24 in 2024, then it may be possible to raise the price of Bitcoin until August and then dump it, but this is a possibility, it means speculation, not necessarily. The rest can look up within the annual tume farm by comparing today's chart and the 2016 chart.
Second, my guess is, look at this price movement, it seems that it will be repeated like in 2016 because in the price movement of 2016, Bitcion used to start rallying before Halving, meaning a straight forward rise, and when Halving came, suddenly happened, found the dump. So if we see that the next halving is on August 24 in 2024, then it may be possible to raise the price of Bitcoin until August and then dump it, but this is a possibility, it means speculation, not necessarily. The rest can look up within the annual tume farm by comparing today's chart and the 2016 chart.
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 $50k, indeed this was a mile stone and could have been the target of most investors and retail traders ,
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔
Whats your take on this matter?
Honestly, there is no market where the price is continuously rising. Of course, if we see now that the price value of Bitcoin is rising, it will still have a retracement or correction called for, but right now it doesn't seem to be at that point.
Although I could say that we are still in the bullish trend, it is in accordance with what I see in the chart of Bitcoin trading, and this is what I read, so it is possible that this week it will break around 53k$, but of course we cannot tell the market yet because it is unpredictable and very volatile.
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.
For the past few days we got half a billion dollars worth of bitcoins bought by the etfs. Even today it looks like we
Might get another half a billion dollar day.
Sure we dipped earlier but it was because of the higher than expected CPI print which means that rate cuts need to be pushed further away and hence why stocks crashed and bitcoin followed. However it corrected lately in the day and the daily price change is almost nil.
Might get another half a billion dollar day.
Sure we dipped earlier but it was because of the higher than expected CPI print which means that rate cuts need to be pushed further away and hence why stocks crashed and bitcoin followed. However it corrected lately in the day and the daily price change is almost nil.
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?
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?
Definitely it will continue rising and it won't stop, getting to $50k some hours back has been the expectation of many investors and traders since before getting to this year. I wasn't expecting Bitcoin price to get any higher to this $50k after the slow movement of late and it seems like it wasn't getting past $45-$47k but it did and I wouldn't want to see it go back to $44k or something below that.
Due to the expected halving the price of Bitcoin could get to maybe $65-$70k or even more, that's if the movement stays that way (moving forward), although we still haven't gotten a stable movement because as it is the price is still $49k, so let's hope it start getting up to $56k before the end of this week.
Personally, I see that Bitcoin will remain in sideways movement for some time, with highs and lows within the 45-56K$ price area until a few months after the halving.
We are now in the accumulation phase and demand is increasing, and what happens after halving and the reduction of rewards by half will make the quantities offered decrease and demand increase. This may take a few months, then we will certainly see a new ATH, as it is expected that we will reach 100k$.
But the question is, will Bitcoin maintain this price? Many investors have been collecting Bitcoin for years and are waiting to see 100K$, then they start selling, and here the market will be flooded with large amounts of Bitcoin, and this may lead to prices falling again.
We are now in the accumulation phase and demand is increasing, and what happens after halving and the reduction of rewards by half will make the quantities offered decrease and demand increase. This may take a few months, then we will certainly see a new ATH, as it is expected that we will reach 100k$.
But the question is, will Bitcoin maintain this price? Many investors have been collecting Bitcoin for years and are waiting to see 100K$, then they start selling, and here the market will be flooded with large amounts of Bitcoin, and this may lead to prices falling again.
We are probably certain that Bitcoin won't be trapped in the $59,200 and $42,730 prize zone. I mean why should that happen in the first place? I can see no reason why Bitcoin would only stay within that zone.
I can also see no reason why Bitcoin would rise to $64,302 only to fall down to $29,637. Although it's not impossible, it is difficult to imagine. Corrections will definitely happen along the way of Bitcoin rising to new levels, but it would not be as extreme as that. If this scenario happens, it will take a long time. It's not going to be sudden.
I can also see no reason why Bitcoin would rise to $64,302 only to fall down to $29,637. Although it's not impossible, it is difficult to imagine. Corrections will definitely happen along the way of Bitcoin rising to new levels, but it would not be as extreme as that. If this scenario happens, it will take a long time. It's not going to be sudden.
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 ,
Considering $50,000 could have being a target for most investors and traders, we should be expecting a correction in the market soon. If Bitcoin continue in this trajectory we could see Bitcoin crossing the past all time high before the halving and that hasn't happened before therefore my typical guess would be a correction will happen and the price of Bitcoin will fall below $50,000 and the rest months before the halving will be used for recovery as Bitcoin will be trading sideways. I would have loved to say Bitcoin will continue rising but if we're telling ourselves the truth it won't happen that way. I'm already prepared for Bitcoin correction as I'm keeping some money in stablecoins and waiting for the correction to buy more Bitcoin.
Bitcoin has shown resilience and a tendency to surprise, whether with sharp rises or corrections.
This continued adoption and increased institutional interest are driving Bitcoin's upward momentum.
Hitting the $50K mark again after 2 years is a big deal, it shows sustained interest and potential for further growth.
All scenarios that you have mentioned are possible, but each comes with its own set of ifs and buts.
This continued adoption and increased institutional interest are driving Bitcoin's upward momentum.
Hitting the $50K mark again after 2 years is a big deal, it shows sustained interest and potential for further growth.
All scenarios that you have mentioned are possible, but each comes with its own set of ifs and buts.
Who knows where this thing goes next. I mean, it could blast off to the moon again if some big announcement happens. Or maybe it hangs around the same price for awhile if things stay calm and heck, it might even take a little dip before gathering steam to climb higher. There is just so much going on that affects it - from news around the world to changing regulations to people getting caught up in FOMO. I sure cant guess exactly what will happen, kinda like trying to predict what my silly cat is thinking half the time.
Anyway, point is nothing is guaranteed with Bitcoin. Buckle up cause the ride tends to get bumpy. But, makes it interesting at least!
Anyway, point is nothing is guaranteed with Bitcoin. Buckle up cause the ride tends to get bumpy. But, makes it interesting at least!
Bitcoin must not continue rising as you may think just that is targeting to gain another ATH and if that is projected then it will definitely drop and that could be the bear market. However people are always wanting to see this phase of bitcoin reaching another mind blowing milestone, and if i am not mistakenly that is the major target of most investors and once that is reached they don't mind taking profits.
What you should know is that the increased in price of bitcoin cannot be overemphasized therefore you considering the volatility level is also another important aspect of holder and to those who are looking up for a new ATH.
What you should know is that the increased in price of bitcoin cannot be overemphasized therefore you considering the volatility level is also another important aspect of holder and to those who are looking up for a new ATH.
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.
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?
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 will find out, the block halving is around the corner, it is the catalyst for the eventual bull run that we are all asking for. And so far we are mooning, but just relax, the question is, have you filled your bags with bitcoin already?
It's good that you have put your analysis, like it's going to continue to 59200.01 or go down 42730.420. I'm not good at TA, but one thing is for sure, with this kind of sentiments and bullishness, most likely it will continue to risk pre-halving, and after that, 6 digit at least for our new all time high.
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?
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?
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