Topic: Will the bitcoin price continue to increase? - page 2. (Read 1416 times)
Based on some of the things investors have experienced from the market in the beginning of January till now, showed that Bitcoin price will continue to increase till it get to $50,000 before it can dump for investors to buy again and hold for another bright future to come. Since the price of Bitcoin has increased to $23,432, and the green light is still displaying in the market to encourage investors to get ready for the massive increase that is about to happen in the community. I believe, this year 2023 will not be like last year that made investors to experience losses because the price of Bitcoin decreased through out the year.
Right now it has a regular trend of increases (YTD), this latest pullback was still higher then the prior. So long as we keep trending similarly above the 50 day average it should be assessed as positive I think. Today the price has recovered the 2 day average and the future objective and pivot point to this move might be the weekly average which is 24k at the moment. If we do not recover that weekly average in the next few days> & confirm a recovery of full positivity then become a bit more cautious in outlook as stall speed is how I view some of the hype meta in BTC moves.
and with this movement I am looking for nothing but to expect pull back for the next coming weeks if not whole march , I have already admitted about how I will lose this month of February because in the previous weeks i have gather to accumulate more coins and now? there are so much happening and expecting easy profit is not in my moind having now. 
Right now it has a regular trend of increases (YTD), this latest pullback was still higher then the prior. So long as we keep trending similarly above the 50 day average it should be assessed as positive I think. Today the price has recovered the 2 day average and the future objective and pivot point to this move might be the weekly average which is 24k at the moment. If we do not recover that weekly average in the next few days> & confirm a recovery of full positivity then become a bit more cautious in outlook as stall speed is how I view some of the hype meta in BTC moves.
bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.
on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.
Reference : bitcoin news
is it possible that bitcoin will increase again in the near future, or will it decrease again.
on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.
Reference : bitcoin news
On the forum, and indeed in the world, no one will be able to answer what the price of bitcoin will be tomorrow. Yes, there is fundamental news, news from events taking place in the world, but their influence is not the strongest in the market. Whales with huge reserves of cryptocurrencies can direct the trend in any direction convenient to them. You can even remember Elon Musk - one of his tweets and the price obediently goes in the right direction. Therefore, it is naive to ask us the further direction of the price.
It's true, no one has a crystal ball to know the future bitcoin prices but we can predict. Investing means predicting the future. And with what's going on, I still believe bitcoin will continue to rise this March. But in the long term, of course, there will be a correction, and the price may be lower than now, but in the short term, we can still count on another bullish momentum for bitcoin.
25k is just the first rung on the ladder, it could have been the low had BTC been less challenged but instead we now find it as some resistance. Not immediately recovering this area isnt a big deal just time and volume eventually the wall will be surpassed I cant see why not. I think we do stay longer below 30k then 25k perhaps, somewhere slightly higher but this month sure we find its the high.
bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.
on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.
Reference : bitcoin news
is it possible that bitcoin will increase again in the near future, or will it decrease again.
on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.
Reference : bitcoin news
On the forum, and indeed in the world, no one will be able to answer what the price of bitcoin will be tomorrow. Yes, there is fundamental news, news from events taking place in the world, but their influence is not the strongest in the market. Whales with huge reserves of cryptocurrencies can direct the trend in any direction convenient to them. You can even remember Elon Musk - one of his tweets and the price obediently goes in the right direction. Therefore, it is naive to ask us the further direction of the price.
Continue to increase you ask? Well always!
But we must understand that bitcoin price works in a way an elastic works, when an elastic is pulled, it only gets stretched to a certain extent & can not be pulled further and has to go back to its original form to build momentum and the cycle continues...Am certain we all might want it to keep going up but the mechanism of price requires it does down before it turns bullish.
But we must understand that bitcoin price works in a way an elastic works, when an elastic is pulled, it only gets stretched to a certain extent & can not be pulled further and has to go back to its original form to build momentum and the cycle continues...Am certain we all might want it to keep going up but the mechanism of price requires it does down before it turns bullish.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
I don't know Bitcoin will continue to increase, because my However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
time of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin increasing, bitcoin is not stable in price for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise. we can predict it based on the movement of bitcoin in each year.
Bitcoin has weathered that resistance a few times during February, it's just that $25K hasn't been able to hold for many more days so the momentum only broke after a while.
Today another correction took place in the market after the previous day it looked like it would hit $25K again, the attempt failed and the price dropped to $23K. Meanwhile, $23K is expected to be stronger despite lots of panic selling pressure.
Today another correction took place in the market after the previous day it looked like it would hit $25K again, the attempt failed and the price dropped to $23K. Meanwhile, $23K is expected to be stronger despite lots of panic selling pressure.
Yes broke the level a bit and a kind of kissed the $25k.250 level but the market failed to have a daily candle closure above that level, which is why we are still battling to break that zone and that confirms this resistance zone is a strong one.
Basically after a relief rally from the previous bottom at 17k to $25k, The $25k level of resistance sent the market down to a new low @$15k
Again $25K isn't too much resistance not to break, but it just doesn't last much longer above it.
Sometime we normally experience this kind of strong/Key resistance and support level in the market, where the market do find it very difficult to break due to the buying or selling pressure in that area. How to identify this strong level of resistance and support, Technically is through break of structure, meaning that whenever the market reaches this zones, it reverses the trend and start breaking of previous support and resistance zones.Bitcoin at $25k level is a very strong resistance zone and Bitcoin needs momentum in order to strike out that level, which I do think it's gearing up for.
It's alright though, they could ignore that as much as they want to but in the end we are going to definitely see it grow bigger, no matter how much they sell. Because of two reasons, one is the fact that there are plenty of people who are holding right now, and two is the fact that these sellers sell to someone who would hold until it is higher than what they bought.
Exactly, they have sold bitcoin hoping to get it back at $20k and they will regret it if the recovery is quicker and they are not ready to buy it again for the current price, so investors are currently buying more bitcoins for high profits in the future, investors for long term will get the maximum profit and hope to reach the previous ath price.The market indicates that it may decline at the end of this month, so take advantage of that moment to increase investment because the next recovery time may be $ 25k even higher, we can predict it based on the movement of bitcoin in each year.
Bitcoin price growth has started since early 2023, you should check again BTC price history.
Sure, when we have some increases in Bitcoin price, there will be some corrections. But the price continues to raise gradually, the corrections are just the beginning for the next higher price. You must remember that BTC price was $17k-$18k before January 2023, it can reach $25k this month. We can see a positive move in BTC price during early 2023.
Well, everything looks good so far, BTC price has increased as predicted. So, no doubt that BTC to continue to increase!!
Corrections are basically people who got in when it was cheap, and selling to take their profits. This is normal and happens with every single increase in price, but I always found it wrong because if they don't do that, then we would see even higher prices and they would make even more profit.Sure, when we have some increases in Bitcoin price, there will be some corrections. But the price continues to raise gradually, the corrections are just the beginning for the next higher price. You must remember that BTC price was $17k-$18k before January 2023, it can reach $25k this month. We can see a positive move in BTC price during early 2023.
Well, everything looks good so far, BTC price has increased as predicted. So, no doubt that BTC to continue to increase!!
It's alright though, they could ignore that as much as they want to but in the end we are going to definitely see it grow bigger, no matter how much they sell. Because of two reasons, one is the fact that there are plenty of people who are holding right now, and two is the fact that these sellers sell to someone who would hold until it is higher than what they bought.
Bitcoin price continues to increase amidst corrections and minor fluctuations. At times the same can turn to be a deep down crash. No one can have precise prediction on the same. Just think of the market weeks back, it was around $16k and now it is close to $24k. This is out of the growth, we don't know for what reason this change have taken place. Different users have different reasons connected to the increase in the price. If you take the growth chart of bitcoin over the previous years it is possible to see price reaching the peak and dropping down. We only need to understand the market, its risks, the growth pattern and makes decisions. For all who have patience the price of bitcoin have increased over time.
I don't know Bitcoin will continue to increase, because my
time of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin increasing, bitcoin is not stable for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise.
What you say seems a little inaccurate because in 2021 Bitcoin is not at $ 22K and also $ 16K except last year where Bitcoin did experience a very significant decline, causing panic among its holders. But at the beginning of this year, Bitcoin again showed very good price recovery even though it is still often corrected, but it is still very good in terms of price compared to last year. And if you still believe in a Bitcoin increase that may still occur in this year, make a purchase when you see a price correction in Bitcoin because the next time the increase occurs, you will get a better profit. time of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin increasing, bitcoin is not stable for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
I don't know Bitcoin will continue to increase, because my However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
time of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin increasing, bitcoin is not stable for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise.
been mainly affected on the time that they are seeing extreme volatileness or having no movement at all.Some do lost hope for some pump or moon but we know that there would be really a specific time for that.
It is really just that no one really knows on what would happen.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
I don't know Bitcoin will continue to increase, because my However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
time of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin increasing, bitcoin is not stable for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
Indeed it is but did you know that we already hit $25k last day? When the bear market begins, the price is still high but it slowly goes down. It didn't drop to $25k or $15k immediately but it stayed above the $30k level for a long time if I am not mistaken. Unfortunately, the bear doesn't end there but it still continues to go down. We had a tough battle of maintaining the $20k zone but the bear is too strong for the price to fell again under that level and it stopped at $15k.However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
This might be the bottom because we never fell under it. Fast forward, again BTC already hit $25k but there is no $30k that is seen yet. I guess it will still take time again to be able to hit this price. Maybe 3rd or fourth quarter this year.
Paying attention to Bitcoin's path over the past few years and when experiencing a Crash of course Bitcoin always recovers it, and is able to reach the latest ATH in the usual period of 4 years later, If you draw conclusions and use this cross as a Guide, it should be 4 years later Bitcoin will create ATH it's only the year 2025 that will come, paying attention to market movements now also gives clues that this will happen, as is happening in the Bitcoin market which is experiencing price improvements which are increasing every day slowly.
That is already started, which is why I am so happy about it. If we look at it, 2017 was a good year and so was 2021, and 2018 was a bad year and so was 2022, and by that logic 2019 will be 2023 which will be a decent year, not the best year ever but a year that had a x2 from start to finish, we started with 3.5k and ended with 7k, which I assume could be similar here, start at 16k or so, finish at 32k, makes sense.And if we continue down that path, 2020 will be 2024 which will be a very good year, start of bull, it will go very high, 20k+ levels back then, which means it could be reaching close to ATH prices, either will break just a bit, or barely won't break it. Then 2025 should be the best year ever recorded.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
Bitcoin has weathered that resistance a few times during February, it's just that $25K hasn't been able to hold for many more days so the momentum only broke after a while. Again $25K isn't too much resistance not to break, but it just doesn't last much longer above it.However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
Today another correction took place in the market after the previous day it looked like it would hit $25K again, the attempt failed and the price dropped to $23K. Meanwhile, $23K is expected to be stronger despite lots of panic selling pressure.
$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.
In fact a person is unaware of the future that what will be happening in crypto market after few months. I think that person should be aware of the thing that the selecting coin is stable or not, although it is true that crypto trading is not stable but some coins have bright past and they will probably having bright future like that of bitcoin.
Bitcoin should be selected for lengthy periods because sometime decline occurs but it will not effect your profit because once a time comes when there is a tremendous enhancement in price. As you know that bitcoin never comes to the lowest price hence it is one of the advantageous token of the long term investment.
According to my opinion bitcoin will increase in value because it has potential to pump very well as the market become stable.
Bitcoin should be selected for lengthy periods because sometime decline occurs but it will not effect your profit because once a time comes when there is a tremendous enhancement in price. As you know that bitcoin never comes to the lowest price hence it is one of the advantageous token of the long term investment.
According to my opinion bitcoin will increase in value because it has potential to pump very well as the market become stable.
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