Will $BTC soar beyond 35K or dip below? 🚀📉 - page 2.

Wend

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Quote from: wmaurik on November 07, 2023, 06:32:04 AM

Quote from: Out of mind on November 04, 2023, 10:17:58 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.

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.

wmaurik

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Quote from: Out of mind on November 04, 2023, 10:17:58 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.

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Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

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.

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Quote from: posi on November 03, 2023, 06:12:02 AM

Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

We have every right to expect halving because history has shown us that, and we need to be optimistic about our investment. But we also need to have plans for bad scenarios if the bull season does not take place and this is part of the investment risk that we should not ignore.

Bitcoin hits $35K and brings profits to short-term investors, and its correction, I think everyone can predict. I'm also waiting for a correction to happen instead of expecting bitcoin to continue rising, I'm holding USDT and waiting for bitcoin to drop below $32k Wink

.

There's no way that people wont really be ignoring those possibilities considering that we arent blind on what happened back in the past on which it would really be just that normal that we are anticipating for it.

We do know that this market is truly that unpredictable and there's no way that we could really be able to tell on where it would be going as if this one is always been that unpredictable or random in the first place.
We are know moving sideways on 34k+ price price and trying out to break that 35k which we could really be that say this is really indeed a resistance, once it would break then
expect that 40k would happen in no time.
This is why it would really be that varying on a certain trader on what are the actions that he/she would made, considering that its never been that
too easy to know on where prices could possibly go.

FanEagle

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Looks like it is not doing either, and that's why I love bitcoin so much. The question was will it soar beyond 35k, and it didn't soar beyond 35k, and would it dip under 35k? Well it didn't dip under it neither, maybe like few dollars but not a lot really, minute by minute it can go up and down between 35k.

So as you can see, it got stuck at 35k and this means the question had only 2 answers and suddenly both of the answers became wrong. That should be quite a good deal to be fair, I think it should be noted how funny the result has become. I believe that we are going to go a little higher, but until the new should be doing a little bit better than what we expected and should be cherishing the price point we have right now.

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Quote from: coolcoinz on November 03, 2023, 01:20:58 PM

Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

In that case, it's still good news.
I always tell people that bitcoin is being mined and sold by miners all the time. New coins enter the market and that creates a constant sell pressure. While in case of stocks, no demand means stagnation, for bitcoin no demand means going down. For this reason, if we're able to stay above 33k, it means there's constant demand. Someone is buying these new coins and the outlook is very positive.

It's funny that we did get both of these outcomes that OP was asking about. We did go above and then dip below.
All of you can treat yourselves like ~~wieners~~ winners. Tongue

Miners sell their coins to keep the mining operation ongoing but that doesn't mean they are doing this every month. There is constant buying pressure in the market which is true. Microstrategy is not the only one buying bitcoin from the market. We have seen how fast the market recovered after the FTX and Binance fud few months ago. Some other institution or individual is probably buying those under pressure secretly. It can be anyone even SEC chairman Gary Gensler who is attacking the crypto industry so that he or some of his wealthy friends can accumulate bitcoin at a cheap price. Just saw his recent tweet about bitcoin.

These are just some of the many players in the market and this market is so manipulative that sometimes i think we should stop watching the news if you are a long term holder. Just keep up the attitude, like let them do what ever they are doing i am not taking seriously anything they are doing.

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Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

In that case, it's still good news.
I always tell people that bitcoin is being mined and sold by miners all the time. New coins enter the market and that creates a constant sell pressure. While in case of stocks, no demand means stagnation, for bitcoin no demand means going down. For this reason, if we're able to stay above 33k, it means there's constant demand. Someone is buying these new coins and the outlook is very positive.

It's funny that we did get both of these outcomes that OP was asking about. We did go above and then dip below.
All of you can treat yourselves like ~~wieners~~ winners. Tongue

Sexylizzy2813

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Quote from: Davian144 on November 03, 2023, 10:13:35 AM

Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?

I would still be fine with that, because this year there are a lot of people who have seen Bitcoin prices lower than the price you said so it probably wouldn't be a big deal for most people if it happened. However, if traders are buying Bitcoin above the price you said, maybe they just have to be patient for a recovery and don't panic about such a drop.

You'd be fine but with what you expected to happen might seem to be disappointing to you even if you won't admit it. Is like you're expecting something big but at the end things just fall apart.
People seeing Bitcoin going at lower rate isn't encouraging to them so they just have to hope it goes up and that's what many are expecting to happen. To me this isn't the time to panic about the delay or drop of price, I believe from next week or even starting from tomorrow we'd be seeing something different (positively) in the market price.

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Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?

I would still be fine with that, because this year there are a lot of people who have seen Bitcoin prices lower than the price you said so it probably wouldn't be a big deal for most people if it happened. However, if traders are buying Bitcoin above the price you said, maybe they just have to be patient for a recovery and don't panic about such a drop.

Quote

We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

There is no need to worry just because there is no price resistance at $35K in a day because today Bitcoin could return to that price again with a small increase, so you don't need to feel anxious about small things like that because these are very normal things. what happens is not in accordance with everyone's expectations in crypto, especially in Bitcoin, because if all expectations can always be in accordance with what many people want, maybe you will see more new rich people every year in the crypto space, especially those who who owns Bitcoin.

Sexylizzy2813

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Quote from: posi on November 03, 2023, 06:12:02 AM

Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

We have every right to expect halving because history has shown us that, and we need to be optimistic about our investment. But we also need to have plans for bad scenarios if the bull season does not take place and this is part of the investment risk that we should not ignore.

At least you'd agree with me that we should always expect the negative side of this halving, not that we shouldn't expect the halving, because I know history has it that it will happen but that doesn't mean that you'd let your guard down, is like you pray for the best and prepare for the worse, I believe we only hope for the best on this issue. Let the time comes and we'd see how the whole thing would look like.

Quote

Bitcoin hits $35K and brings profits to short-term investors, and its correction, I think everyone can predict. I'm also waiting for a correction to happen instead of expecting bitcoin to continue rising, I'm holding USDT and waiting for bitcoin to drop below $32k Wink

.

Waiting for Bitcoin to drop below $32k, did I get that right? I'm not sure if you're serious about that, from the market price, Bitcoin price isn't surpassing $34k yet, doesn't mean it won't in the next coming days. If there should be a movement on Bitcoin price I feel it shouldn't be going down but up to $35-$36k.

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Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?

You just need to look at bitcoin's past historical logs though, because if the pattern continues in the next 3 months or at least at the end of the year, we could be seeing like $40k-$45k range. So with that, I'm not expecting a drop to $28k-$30k.

Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

Again, I don't know how many halvings have you witnessed or experienced already. But in the last 2 halving, yeah it didn't go as expected, meaning the price really took off just like in 2017. Although there is a big expectations about 6 digits in the last bull run because of some price modelling, but still at $69k? that is already huge specially that we are coming from a lows of $3k price during the pandemic.

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Quote from: Sexylizzy2813 on November 03, 2023, 03:58:59 AM

What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

We have every right to expect halving because history has shown us that, and we need to be optimistic about our investment. But we also need to have plans for bad scenarios if the bull season does not take place and this is part of the investment risk that we should not ignore.

Bitcoin hits $35K and brings profits to short-term investors, and its correction, I think everyone can predict. I'm also waiting for a correction to happen instead of expecting bitcoin to continue rising, I'm holding USDT and waiting for bitcoin to drop below $32k Wink

.

Sexylizzy2813

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What if the price of Bitcoin gives us something very weak, like the expectations of the up coming halving let's say we're expecting a higher price and by next year we start seeing Bitcoin price dropping very fast to maybe $30k or $28k?
We shouldn't have too much hope on the coming halving, like is suppose to be but what if things doesn't go as expected?
$35k is really difficult to stay more than a day and it got me thinking that this first week of November won't give anything more than what we're seeing at the moment.

Texac

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Quote from: Kemarit on November 02, 2023, 08:25:17 AM

Quote from: Texac on November 02, 2023, 07:23:46 AM

Quote from: Pierre 2 on November 01, 2023, 06:53:55 AM

Quote from: YUriy1991 on October 31, 2023, 12:19:56 AM

I personally still remain optimistic about the current cryptocurrency market and the recent increase in Bitcoin prices as something positive after the previous decline and currently if we pay attention there are no clear signs of decline BTC is still at the same level and heading towards reversal. yes. current running price $34,192.

I think it will most likely decided after fed's decision about rates. United States Dollar as currency lost so much value after inflation mainly caused by printing extraordinary amount of money when pandemic started. Its so sad but I think moment fed stops raising the bar, bitcoin may experience short term but very burst moves towards upwards. I am not as optimistic as you for midterm tho. I think bitcoin will get another correction at point probably around the end of this month I suppose.

Bitcoin has risen quite high in recent days so expectations of continued growth are quite subjective. I have the same thoughts as you, perhaps there will be a correction and we need to evaluate afterwards to know whether the market will continue to go up or continue to decline. bitcoin crossed $35k after the Fed's statement on keeping interest rates unchanged and people are very optimistic because of that news, people are becoming more greedy with the market. so I think it's time for us to be wary of everything as greed in the market is becoming greater.

The sentiments has really shifted, and now we are in a bullish state, and so just recently we have seen the price going above $35,000 so that is a good sign that this November, we might see the continuation of the bullishness that we have in October. Just imagine the spike, from $28k-$35.

And then from the lowest low last year same time, of $15,500 to the current price. And if I'm not mistaken that is a big $127% spike already.

So this is just the beginning, this November might be another great month for us, and we might see $40,000 for the first time this cycle.

The $40k target could also happen in November or maybe December, but as I said, I think there has to be a correction before bitcoin continues to rise, bitcoin cannot rise vertically to 40k dollars without any correction. compared to yesterday, bitcoin is below $35k today and I believe it will likely drop below $34k before it can resume its upward trend. what's more interesting is that bitcoin is only down 2%, but a series of altcoins are down 10% or more and this is quite common in this year's bear market. people who are holding altcoins will be very stressed and worried.

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Quote from: erep on November 02, 2023, 04:35:08 PM

Quote from: Rabata on November 02, 2023, 11:24:01 AM

In the meantime BTC has come over the much desired $35000 and it has also gone down a bit. But looking at the market signs, we can guess that we are entering a bull market soon. But neither should be too optimistic here. After 2021, the market has contracted in many ways. In particular, the war and financial situation did not behave positively. But after a long wait when the market started to turn bullish again so this time we will be in a bull run. One person's prediction here may not be acceptable to another but overall we have learned a lot to realize that we will soon be moving through a bullish market.

That's right, we shouldn't be too optimistic and remain alert to unexpected impacts that could occur at any time on market prices like in 2021, but the market has been experiencing contraction for a long time with various negative things affecting the market price of $15k after reaching ATH several years ago , if you look at various market analyzes it seems that the bearish era has ended and it is time for the market to recover prices until they reach the next ATH price. One person's prediction already represents our opinion and we don't care about people who ignore bullish future predictions, because I think people who are not pro crypto will reject that opinion to increase confidence in the crypto market.

The market now will definitely have some impacts that will occur so I am not so optimistic if there is no further bullish trend because we are still in the previous bearish circle, so a little recovery called towards bullish still a little impact like bulltrap and other negatives can still occur in bitcoin.

At least we already know about the picture in the prediction analysis, indeed it is at least representative enough even though there are some who are already optimistic with their own analysis, let this remain speculation because they are free to do so, actually don't really expect anything in the final analysis except we want to see bullishness will soon grow in the first quarter of 2024.

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Quote from: Rabata on November 02, 2023, 11:24:01 AM

In the meantime BTC has come over the much desired $35000 and it has also gone down a bit. But looking at the market signs, we can guess that we are entering a bull market soon. But neither should be too optimistic here. After 2021, the market has contracted in many ways. In particular, the war and financial situation did not behave positively. But after a long wait when the market started to turn bullish again so this time we will be in a bull run. One person's prediction here may not be acceptable to another but overall we have learned a lot to realize that we will soon be moving through a bullish market.

That's right, we shouldn't be too optimistic and remain alert to unexpected impacts that could occur at any time on market prices like in 2021, but the market has been experiencing contraction for a long time with various negative things affecting the market price of $15k after reaching ATH several years ago , if you look at various market analyzes it seems that the bearish era has ended and it is time for the market to recover prices until they reach the next ATH price. One person's prediction already represents our opinion and we don't care about people who ignore bullish future predictions, because I think people who are not pro crypto will reject that opinion to increase confidence in the crypto market.

jeraldskie11

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In the market, we have what is known as order flow. On a weekly basis, we can see that the market is in an uptrend, which means that it is making higher highs and higher lows. I'm just curious why so many people believe Bitcoin's price will exceed $35,000, possible but it needs to pullback to 30k If we look at the chart, there are fvg's in the mouth that the price will go to before it goes up and sets a new high. Right now, because there is a sweep to the upside, he could fall to the support level of around 30k.

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Quote from: Rabata on November 02, 2023, 11:24:01 AM

In the meantime BTC has come over the much desired $35000 and it has also gone down a bit.

It's back over it once again.

Quote

But looking at the market signs, we can guess that we are entering a bull market soon.

Aren't we already in a bull market?
What are the signs of a bull market?
Usually it's the classics:
200 SMA
Price being above the ATH from the previous cycle
Higher highs and higher lows.

We're getting all of it at the moment.

Quote

But neither should be too optimistic here.

I bought some bitcoin below 20 000, so I'm optimistic.

Rabata

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In the meantime BTC has come over the much desired $35000 and it has also gone down a bit. But looking at the market signs, we can guess that we are entering a bull market soon. But neither should be too optimistic here. After 2021, the market has contracted in many ways. In particular, the war and financial situation did not behave positively. But after a long wait when the market started to turn bullish again so this time we will be in a bull run. One person's prediction here may not be acceptable to another but overall we have learned a lot to realize that we will soon be moving through a bullish market.

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I was having some fear if the price of BTC will reach $30k in this month of October and, the price pump above $32k in the month of October that made me to have full confident that the price of BTC will return back to $40k before the end of this year because the price has changed to $35k in this new month of November. Things has changed positively in this month of November that is giving customers courage to hodl their coins very well because what is coming before the end of November is too heavy and it will help many customers to achieve their target.

If you are still waiting for the price of BTC to go down more than this before you can invest in BTC show, that you will miss this opportunity that is on ground because this is the season to prepare for this bull that is coming close to the market to take over from bear market.

Topic: Will $BTC soar beyond 35K or dip below? 🚀📉 - page 2. (Read 884 times)