Will $BTC soar beyond 35K or dip below? 🚀📉

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Quote from: coinremitter on October 24, 2023, 05:35:09 AM

What's your prediction for its next move? 📊Your opinion matters! (Voting closed: October 27, 2023,

We may often see things related to the development of Bitcoin from October until now, there are various speculations and predictions that discuss the movement of Bitcoin, but for me the price at the $35k level is not something that should be used as a valuable moment for many investors.

I have seen and heard Bitcoin investor conversations, from one side the predictions and speculation at the end of 2023, do not show anything positive, if Bitcoin only moves to the $35-40 level, but the opportunity for it to rise is there, at least entering 2024, but it cannot be predicted accurately, only as speculation, hoping that the future will be better as expected by Bitcoin users in general.

wmaurik

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Quote from: justdimin on November 16, 2023, 05:40:11 AM

I would not suggest selling at 40k, that is not really a good time to sell and get out of the market. It's clear that if we can break over 40k, and to me it is not "if" but just "when" because I know it will go above 40k, then we are going to keep growing higher ,and we should remember that. I get that some people think that is a good enough profit for them, but you are going to need up missing a ton of profit if you are not careful.

If Bitcoin has been able to surpass $40K this year, it is certainly possible for Bitcoin to surpass more than that in the next year so people who have sold because they saw a decent gain this year may have a harder time buying again next year if the price of Bitcoin does not correct more deeply in the following year. I'm also waiting for $40K though not to sell it.

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I believe that we should keep holding our money, even after 40k, and even until after ATH price as well. I would not think about selling until at least 70k, then you can decide what you want to do, because rest is a bit unknown, we do not know where it will peak and you could be late if you wait too long.

In this case, I think everyone needs to determine their own steps because there are many people who think they will sell Bitcoin when they see the new ATH on Bitcoin. Especially if some of these people are people who are afraid of the next price drop after the ATH or they look at past experiences that they themselves have experienced in 2021 and the previous year.

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Quote from: bitterguy28 on November 15, 2023, 03:37:03 AM

and now lowering from 37k to 35k , and yes there is still a slow movement falling so I hope this will end shortly or will continue.

But no matter what i am waiting either both , if the price increased to above 40k then I will sell and if drops to 30k then i will buy more , this is for me a win win situation .

I would not suggest selling at 40k, that is not really a good time to sell and get out of the market. It's clear that if we can break over 40k, and to me it is not "if" but just "when" because I know it will go above 40k, then we are going to keep growing higher ,and we should remember that. I get that some people think that is a good enough profit for them, but you are going to need up missing a ton of profit if you are not careful.

I believe that we should keep holding our money, even after 40k, and even until after ATH price as well. I would not think about selling until at least 70k, then you can decide what you want to do, because rest is a bit unknown, we do not know where it will peak and you could be late if you wait too long.

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Quote from: ivankoh on November 15, 2023, 11:01:17 AM

Yeah, and we actually made a big wick after passing 35k, which is 37k$ the most impressive increase showing signs of winter ice melting. Perhaps they have a basis to benefit from a new market adjustment. I predict if we drop to 34k this week/next it won't be too surprising, the market will decide this state and possibly a correction is reflecting temporary sentiment. I do not define this period independently of the price extension period.

Everyone can define market conditions through price speculation that has occurred in Bitcoin and today Bitcoin has shown another real thing by being very close to the price of $38K. This means that it is possible for Bitcoin to place itself in the $40K area this November if there is no excessive price correction in the next two weeks, because everyone is probably very ready to buy Bitcoin at a discount if that happens. So we will not find price declines in the long term except only with short-term price corrections.

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Quote from: ivankoh on November 15, 2023, 11:01:17 AM

Yeah, and we actually made a big wick after passing 35k, which is 37k$ the most impressive increase showing signs of winter ice melting. Perhaps they have a basis to benefit from a new market adjustment. I predict if we drop to 34k this week/next it won't be too surprising, the market will decide this state and possibly a correction is reflecting temporary sentiment. I do not define this period independently of the price extension period.

But as you have seen, we have drop to $35k and then goes to $37k again so that is a huge jump in a matter of 24 hours. So it's impressive as we have seen the price moving in this kind of pattern, but the barrier to break is $40k this month or at least at the end of the year.

If your scenario happen though, the drop as least on how I see it, should be around $32k so that it can bounce back and make a run to $40k.

So either prediction, it's a win-win for us, if it goes down to $32k then we can still buy, if it continues to run up to $40k then good we can still go and buy at that price and look for the long term.

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Yeah, and we actually made a big wick after passing 35k, which is 37k$ the most impressive increase showing signs of winter ice melting. Perhaps they have a basis to benefit from a new market adjustment. I predict if we drop to 34k this week/next it won't be too surprising, the market will decide this state and possibly a correction is reflecting temporary sentiment. I do not define this period independently of the price extension period.

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Quote from: Zigabel on November 10, 2023, 08:39:02 PM

Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

Quote from: mich on November 15, 2023, 02:47:53 AM

Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad.
We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.

Bitcoin is actually going to hit a little above $35k probably to $40k and possibly fall back during the halving, currently the whales would want to pull out their investment in Bitcoin but are waiting for that liquidity push that will Bitcoin a bit higher just before they start withdrawal and wait till halving to get in again as preparations for the bull run by 2025. There will be a slight deep after this liquidity push that Whales in the industry might have withdrawn their assets and investment to enable them prepare for the next bull run.

we have seen that happening from many chances that Bitcoin is falling when halving is approaching but this question can stand just this year that the price stays above 35k and yes seems to be slowly going down now.
How much are we expecting ? I think there will be a 40k'ish ? at least that will be the start of the fall when happened and yes to the next year it will continue .

Quote from: mich on November 15, 2023, 02:47:53 AM

Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad.
We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.

and now lowering from 37k to 35k , and yes there is still a slow movement falling so I hope this will end shortly or will continue.

But no matter what i am waiting either both , if the price increased to above 40k then I will sell and if drops to 30k then i will buy more , this is for me a win win situation .

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Quote from: Minor Miner on November 15, 2023, 03:14:23 AM

Quote from: mich on November 15, 2023, 02:47:53 AM

Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad.
We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.

Yesterday's volatility was due to news about the US CPI and normally the market is very volatile whenever news is released. If you are a trader, you should limit yourself to such periods as the market is very volatile to kill long/short. Furthermore, in trading, taking profits is never wrong.

If you are a long-term investor, I don't see anything to fear from short-term volatility. Furthermore, you cannot expect bitcoin to increase continuously without any correction, correction is necessary for a healthy market. I believe bitcoin will continue to correct to the 34k-33k level, before recovering to conquer 40k USD.

I get that news may affects how the market goes up and down. But for us traders it's also important to think about how easy it is to buy and sell stuff (liquidity) when things get crazy. Traders might change their plans based on how easy it is to trade. If you're in it for the long term you might not worry too much about the short term ups and downs seeing them as a normal part of the market getting back on track.

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Quote from: mich on November 15, 2023, 02:47:53 AM

Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad.
We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.

Yesterday's volatility was due to news about the US CPI and normally the market is very volatile whenever news is released. If you are a trader, you should limit yourself to such periods as the market is very volatile to kill long/short. Furthermore, in trading, taking profits is never wrong.

If you are a long-term investor, I don't see anything to fear from short-term volatility. Furthermore, you cannot expect bitcoin to increase continuously without any correction, correction is necessary for a healthy market. I believe bitcoin will continue to correct to the 34k-33k level, before recovering to conquer 40k USD.

mich

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Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad.
We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.

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Quote from: carlisle1 on November 10, 2023, 09:14:41 AM

Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

The votes has been casted and the winner is the first one https://coinmarketcap.com/currencies/bitcoin/ showing how it grows from your time frame October 27 up to now? Bitcoin is heading to 40k as it is sitting at 37 thousand USD this time I posted.
for same reason I believe that as we approaching December there are more runs coming , expected to be at least 45k before the 2023 close the record.
what we need to talk iN December is how much are we going to lose from that period till January first .

Quote from: wmaurik on November 10, 2023, 08:41:01 AM

Quote from: Wend on November 07, 2023, 09:20:23 AM

Will people continue to buy or dump if there is a drop after the halving? I think people will sell more than continue to buy. Many people have been diligently accumulating for the past 2 years and they are waiting and have high expectations that the halving will bring them a strong price increase. But if things don't go as they expected, there will certainly be panic. Only a few will see that as an opportunity to accumulate more bitcoins.

Those who have created and accumulated Bitcoin for two years will certainly consider selling it more if what they want is a profit from increasing prices and this could also enable them to sell early before the halving occurs if the price increase continues to occur in the market. But on the one hand, I also still believe that every time there is a decline in the price of Bitcoin, there will definitely be people who want to take advantage of it even though there are many people who panic and give up their holdings in the market.

expect that to happen guys, because Like me if ever Bitcoin grows 45k this december> for sure I will consider selling my coins as I have bought majority of them when the price is at 20k level and this is a instant 100% growth.
and yes before the halving ? I will buy those again so that would make my capital double before the bull comes.

Wont really be still that easy. It would really be still involving lot of ups and downs and with a mix of sideways movement. We are now on the current condition on which we do touch up down again on 35k price point.

Good thing that we are really that still able to hold up well and if the market would really be having that some negative news around then it might push up the price even further below.
No one really knows on what would happen next and this is why making up some buy position on 35k level is a bit risky but if you are going for long term then it wont really be that an issue.This is why on every step
we do make would really be that neither be effective or not and this is something that we should really be that careful on every step and decisions we do make.

This is where profitability would really differ into each trader/investor basing up on the decisions that they are making whether they would really be holding their position
or would really be taking up risks on making those entries and would be able to profit later on when the market movement do really goes on what they had planned or anticipated.

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Quote from: Zigabel on November 10, 2023, 08:39:02 PM

Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

Bitcoin is actually going to hit a little above $35k probably to $40k and possibly fall back during the halving, currently the whales would want to pull out their investment in Bitcoin but are waiting for that liquidity push that will Bitcoin a bit higher just before they start withdrawal and wait till halving to get in again as preparations for the bull run by 2025. There will be a slight deep after this liquidity push that Whales in the industry might have withdrawn their assets and investment to enable them prepare for the next bull run.

Whales has already accumulated enough Bitcoin and maybe waiting for Bitcoin to hit new ATH in order to sell off their holding and I am little skeptical that they would blow off things so soon because we have seen in the past as well as there would be multiple bull traps we have have already witnessed and this time they would be reluctant to pull the trigger because there is major events like possible approval of Bitcoin spot ETF which is pending and if they outcome is positive then market will go crazy and $40k would be too less of an amount for them to withdraw.

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Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

Bitcoin is actually going to hit a little above $35k probably to $40k and possibly fall back during the halving, currently the whales would want to pull out their investment in Bitcoin but are waiting for that liquidity push that will Bitcoin a bit higher just before they start withdrawal and wait till halving to get in again as preparations for the bull run by 2025. There will be a slight deep after this liquidity push that Whales in the industry might have withdrawn their assets and investment to enable them prepare for the next bull run.

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Quote from: carlisle1 on November 10, 2023, 09:14:41 AM

Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

The votes has been casted and the winner is the first one https://coinmarketcap.com/currencies/bitcoin/ showing how it grows from your time frame October 27 up to now? Bitcoin is heading to 40k as it is sitting at 37 thousand USD this time I posted.
for same reason I believe that as we approaching December there are more runs coming , expected to be at least 45k before the 2023 close the record.
what we need to talk iN December is how much are we going to lose from that period till January first .

I do agree that it is going to be something that will benefit everyone, we should be doing something that will be doing great on the long run. I understand that we may not end up with a greater return that we desire or at least wish, but the return so far has been great. Realizing that what you are going to think or assume or predict may not be what really happens, as long as we give it some time the result will show itself.

The current situation shows that we are going above 37k and that means it is not going to go down under 35k, and that should be the most important thing. I wouldn't know what to say outside of the fact that right now we are doing as well as we could hope for. I believe that is the most important thing of it.

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Quote from: carlisle1 on November 10, 2023, 09:14:41 AM

expect that to happen guys, because Like me if ever Bitcoin grows 45k this december> for sure I will consider selling my coins as I have bought majority of them when the price is at 20k level and this is a instant 100% growth.
and yes before the halving ? I will buy those again so that would make my capital double before the bull comes.

This kind of strategy is actually very commonly used by most people and also by most traders in the market, but if you have ever bought Bitcoin at a low price level like $20K. Right now, you can get more profits without having to wait for instant growth of 100%, although it is also better if you are still patient to wait for it to come in Bitcoin. Because the estimate of going to the $40K price level could also be very possible this year because it is quite close for Bitcoin.

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Quote from: carlisle1 on November 10, 2023, 09:14:41 AM

expect that to happen guys, because Like me if ever Bitcoin grows 45k this december> for sure I will consider selling my coins as I have bought majority of them when the price is at 20k level and this is a instant 100% growth.
and yes before the halving ? I will buy those again so that would make my capital double before the bull comes.

If your target is $45k in December then it's a close target and you can take advantage.
But if it doesn't happen in December, will you change the strategy and sell in the next month as long as the $45k target is reached,
or can you raise the target price to $100k++.

Buying at the $20k price level is certainly a very good buy.
Getting 100% profit in just a few months.

You are swing trading to multiply your assets, but you must be careful of the Bull Trap that can come unexpectedly.
Make sure you have a backup strategy when the initial strategy fails and does not match the predictions made.

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Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

The votes has been casted and the winner is the first one https://coinmarketcap.com/currencies/bitcoin/ showing how it grows from your time frame October 27 up to now? Bitcoin is heading to 40k as it is sitting at 37 thousand USD this time I posted.
for same reason I believe that as we approaching December there are more runs coming , expected to be at least 45k before the 2023 close the record.
what we need to talk iN December is how much are we going to lose from that period till January first .

Quote from: wmaurik on November 10, 2023, 08:41:01 AM

Quote from: Wend on November 07, 2023, 09:20:23 AM

Will people continue to buy or dump if there is a drop after the halving? I think people will sell more than continue to buy. Many people have been diligently accumulating for the past 2 years and they are waiting and have high expectations that the halving will bring them a strong price increase. But if things don't go as they expected, there will certainly be panic. Only a few will see that as an opportunity to accumulate more bitcoins.

Those who have created and accumulated Bitcoin for two years will certainly consider selling it more if what they want is a profit from increasing prices and this could also enable them to sell early before the halving occurs if the price increase continues to occur in the market. But on the one hand, I also still believe that every time there is a decline in the price of Bitcoin, there will definitely be people who want to take advantage of it even though there are many people who panic and give up their holdings in the market.

expect that to happen guys, because Like me if ever Bitcoin grows 45k this december> for sure I will consider selling my coins as I have bought majority of them when the price is at 20k level and this is a instant 100% growth.
and yes before the halving ? I will buy those again so that would make my capital double before the bull comes.

wmaurik

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Quote from: Wend on November 07, 2023, 09:20:23 AM

Will people continue to buy or dump if there is a drop after the halving? I think people will sell more than continue to buy. Many people have been diligently accumulating for the past 2 years and they are waiting and have high expectations that the halving will bring them a strong price increase. But if things don't go as they expected, there will certainly be panic. Only a few will see that as an opportunity to accumulate more bitcoins.

Those who have created and accumulated Bitcoin for two years will certainly consider selling it more if what they want is a profit from increasing prices and this could also enable them to sell early before the halving occurs if the price increase continues to occur in the market. But on the one hand, I also still believe that every time there is a decline in the price of Bitcoin, there will definitely be people who want to take advantage of it even though there are many people who panic and give up their holdings in the market.

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Quote from: wmaurik on November 07, 2023, 07:32:04 AM

Quote from: Out of mind on November 04, 2023, 11:17:58 PM

I think even if the price of Bitcoin goes up a lot, there may be some dumping next year. We all look forward to the next halving, but before that, the market will definitely move lower. I don't think one would be possible, maybe since bitcoin is at $35k this year it is very unlikely to drop to $30k after halving next year. The year after the upcoming halving is the year we should be most hopeful, as the value of Bitcoin may drop sharply in the year of the halving but then rise in the year after that. And investing in Bitcoin is wiser to have high expectations, and we can expect it to halve next year at best.

If there is a price drop next year due to halving or other reasons, I think everyone will also take full advantage of it by trying to buy as much as possible before the next price increase occurs. Because everyone also can't be sure when these two things will happen except for the countdown to the halving, so the smallest possible preparations should be made by everyone in the final quarter of this year rather than regretting their own decisions for fear of taking advantage of the decline that occurred in Bitcoin. But for this year I also don't think that Bitcoin will return to $30K again unless it increases to near $40K.

I would say getting some purchases in right now would be a smart choice, I get that it may not be the only way to make money and there are some people who are making sure that they are doing the right thing by buying before these ever happened, I am one of those people and bought when it was under 30k, I bought when it was even under 20k, so I am closer to making a profit right now, I did buy when it was higher too, so it's a DCA method and not fully in profit yet, but I am getting there, with 40k I will be in profit hopefully.

I believe that it will go up a lot more than that too, I am not going to sell at 40k, I am going to wait until it reaches to 100k and more, in that way I could trouble my money if it goes to right places and I will sell in that case. A good 120k would be a decent place to sell for me, that's what I am planning, after that maybe I will sell and wait for it to drop some more, maybe to like 50k back again and can buy more later on.

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Quote from: coinremitter on October 24, 2023, 05:35:09 AM

Join the BTC discussion and let us know where you think it's headed! Will it skyrocket past 35K 🚀 or experience a dip 📉? Your insights matter, so cast your vote and share your crypto wisdom with the community! 📊

From my perspective BTC will be bullish but not skyrocketing yet. Although a few days ago we saw that the price of Bitcoin was below 30 thousand but since then the impact of Bitcoin was felt in the market. Because Bitcoin touched 31K and from there it was temporarily below 30K. The market has been bullish despite the recent ETF rumors and since the market has been bullish for quite some time now we can certainly expect Bitcoin to break above 35 and we will see it in the 40k range by this year. Although many assumptions are made about Bitcoin, they are not always correct. However, the crypto market is highly likely to be bullish due to long bearishness.

Topic: Will $BTC soar beyond 35K or dip below? 🚀📉 (Read 840 times)