Topic: Will the bitcoin price continue to increase? - page 6. (Read 1404 times)
The current bitcoin price situation can be confusing because today, the bitcoin price has gone up and down and doesn't move up or down too much, and it looks like the price looks sideways. Perhaps, we will continue to see the price like this until the end of the month, and probably in the next month, the price will start to rally again. But I don't know, that's just a temporary prediction while we also don't know for sure what will happen later. The important thing is to prepare your money. If you see the price is right for you, make a purchase.
Interesting question but the answer is "we never know". I say this not because I'm doubted the potential of Bitcoin but due to the unstable movement of the market today, it seems to be the right answer. Of course, it will pump someday, no doubt about it but with the current situation, it is something we are in a level of confusion as to what will happen next. That is why we should be careful with the pump today, can't say it was a trap but must prepare for the possible dump to come.
No doubt to believe that the price will continue to rise, usually the trend will be up after a correction in 2022, and it's time to continue to buy and hold, I believe this year the price can touch at least $ 40k, even many influencers on social media believe that the year this can create new ATH.
Yes I agree with you, many analysis of BTC price indicates that Bitcoin is in oversold condition, which could indicate a short term bottom. Over the past few weeks, the price of Bitcoin has been hovering around $15k-22k, and some see it as an opportunity to buy Bitcoin before it hits $40k.At the moment still good phase to buy since we are not done yet with the bullish condition. The movement we see at the moment is slight recovery and there are more to come then might we will pass again at the $40k price you given. This is good for long term holder but for people intend to trade short then its still fine since they can still ride the hype brought by bullish condition what we see these past few days.
well, Bitcoin is continuously increasing as the market shows us here https://coinmarketcap.com/currencies/bitcoin/ and to my belief we will be having small dump but the growth will follow through the years till halving comes.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
No doubt to believe that the price will continue to rise, usually the trend will be up after a correction in 2022, and it's time to continue to buy and hold, I believe this year the price can touch at least $ 40k, even many influencers on social media believe that the year this can create new ATH.
With the change in market trends, everyone's thinking has changed. The way Bitcoin is going uptrend after the start of the new year is really promising. If Bitcoin continues this uptrend we may see something better this year. And the market needs a healthy correction to start the next uptrend. The positive momentum created in the crypto market at the start of this year has given crypto investors a lot of relief. A few days ago everyone was bearish about the market trend, and now everyone has changed. Influencer activity has increased on social media, which is good for the crypto market. Let's see if we can achieve the $40k target in the near future.
No doubt to believe that the price will continue to rise, usually the trend will be up after a correction in 2022, and it's time to continue to buy and hold, I believe this year the price can touch at least $ 40k, even many influencers on social media believe that the year this can create new ATH.
Yes I agree with you, many analysis of BTC price indicates that Bitcoin is in oversold condition, which could indicate a short term bottom. Over the past few weeks, the price of Bitcoin has been hovering around $15k-22k, and some see it as an opportunity to buy Bitcoin before it hits $40k. 
well, Bitcoin is continuously increasing as the market shows us here https://coinmarketcap.com/currencies/bitcoin/ and to my belief we will be having small dump but the growth will follow through the years till halving comes.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
No doubt to believe that the price will continue to rise, usually the trend will be up after a correction in 2022, and it's time to continue to buy and hold, I believe this year the price can touch at least $ 40k, even many influencers on social media believe that the year this can create new ATH.
well, Bitcoin is continuously increasing as the market shows us here https://coinmarketcap.com/currencies/bitcoin/ and to my belief we will be having small dump but the growth will follow through the years till halving comes.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
yeah there is some says it is another bull trap buy looking at the graph? bitcoin will have its way up this whole year.
Based on the moved of the market price early this year, showed that Bitcoin price will continue increasing till next year 2024 because the price just hit $23,232 few days ago that is making long term investors and short term investors celebrating for the massive moved of the price. I think, 2023 is a year of recovery from the losses investors experienced last year, because according to some researchers last year saw what will happen to Bitcoin price this year that made them to spread the information for investors to do everything possible within their power to invest in Bitcoin and other stable coins so that they will be part of the process in this season.
No one has a crystal ball to predict what happens in the near or distant future, though the latter is considerably easier to attempt to predict.
Indeed
I mean if i have one i will play futures all in with leverage x150 Since this speculation i don't think bitcoin gonna reach new ATH this year bitcoin is oversold for couple of week so price is up is normal.
but enjoy take profit if you want too and maybe altcoin will start to rise this august
That warning of the DOJ does not mean we should be wary in buying Bitcoin. It doesn't mean too much to its price or to the security of investing in Bitcoin. So it can't be a reason why you should not buy now while the bull run is probably starting.
There's reason to believe that this increase right now is not the bull run yet. Probably the start but the halving is yet to happen in 2024 and that signals a much stronger bull run. The price right now is still low despite the recent increases.
There's reason to believe that this increase right now is not the bull run yet. Probably the start but the halving is yet to happen in 2024 and that signals a much stronger bull run. The price right now is still low despite the recent increases.
Anyone saw the price hitting as high as $23,400? So now, $23k is the biggest support line, and it might take some days to maintain that price. Because that's how the market works when he had this sort of mini bullrun. The last time was $22k and it took us like 4 attempts to finally get over with that barrier and hit $23k++ today.
So yeah, probably the price will continue to increase even next month.
And it seems that everyone is very bullish right now. It could be good or bad, depending on how you are going to look at it.
I agree with you. Bitcoin is now between 23,000$ and 23,500$. Next fluctuations are going to define with certainity if we can really consider a new support level or if we should still take in consideration Bitcoin may drop to 22,000$ and 21,000$.So yeah, probably the price will continue to increase even next month.
And it seems that everyone is very bullish right now. It could be good or bad, depending on how you are going to look at it.
Personally, I expect Bitcoin to remain stable on this price range, or to continue rising from 1000$ in 1000$ for the next months. I don't believe in a hard crash in this year of 2023. The currently scenario looks a preparation for a strong and intense bull run that should happen next year.
Nothing is ever new, thats the best stance to have when considering what could occur. Its not quite cynical its just reasonable that history has a worth too. The pattern of what will be is quite sure to reflect the pattern of what has been. When we can see a bias upwards its fair to be more positive but theres always repeats and its reasonable to expect BTC will respect prior volume and hesitate at certain points more then others.
Theres more then enough reasons in this graph to expect some hesitant action around the pricing sub 30k. A big factor by itself is we approach the initial sell-off low, at first 27k was a sea bed when we plunged then we found a further crevice to go lower
If we're emerging again, heres where there is some volume and time likely required to push back and forth finding and weighing up strength in BTC vs various sellers.
Theres always words and stories describing a situation in an asset but the graph with just numbers also has a story and I think we do move in circles here for as long as is needed to thrash out weakness etc.
Theres more then enough reasons in this graph to expect some hesitant action around the pricing sub 30k. A big factor by itself is we approach the initial sell-off low, at first 27k was a sea bed when we plunged then we found a further crevice to go lower
If we're emerging again, heres where there is some volume and time likely required to push back and forth finding and weighing up strength in BTC vs various sellers. Theres always words and stories describing a situation in an asset but the graph with just numbers also has a story and I think we do move in circles here for as long as is needed to thrash out weakness etc.
Quote
"Il n'y a de nouveau que ce qui est oublié" ("There is nothing new except what has been forgotten.").
Anyone saw the price hitting as high as $23,400? So now, $23k is the biggest support line, and it might take some days to maintain that price. Because that's how the market works when he had this sort of mini bullrun. The last time was $22k and it took us like 4 attempts to finally get over with that barrier and hit $23k++ today.
So yeah, probably the price will continue to increase even next month.
And it seems that everyone is very bullish right now. It could be good or bad, depending on how you are going to look at it.
So yeah, probably the price will continue to increase even next month.
And it seems that everyone is very bullish right now. It could be good or bad, depending on how you are going to look at it.
Inflation will have a significant impact on Bitcoin's price in 2023
With Bitcoin's price halving this year, some believe it will skyrocket next year. unpredictable and random market where we do always have those questions on mind on where the price would really be that going.This is where analysis and strategies would really be that significant
as a trader or investor which you would really be basing up your situation and decisions into that.We know that we do have different approach and this is where it do determines whether you
are really that good or not on sustaining yourself.
Whether bitcoin keeps increasing or decreasing in the near future, what gives me the courage to trust in bitcoin, is that bitcoin ain't going nowhere. it has come to stay. That alone gives me happiness cos am having a long-time goal of bitcoin. Not stressing myself about the price of bitcoin now.
The future is with bitcoin. The key is to have a long-term investment strategy. if only not to let changes in the price of bitcoin influence your emotions.
The future is with bitcoin. The key is to have a long-term investment strategy. if only not to let changes in the price of bitcoin influence your emotions.
Inflation will have a significant impact on Bitcoin's price in 2023
With Bitcoin's price halving this year, some believe it will skyrocket next year. 
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.
There will be further improvements but we can't say when the improvement graph will stand tall. We are waiting for the price of $23K to hold for the next few months to plan ahead for other situations to occur.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
Negative news will always be there to destabilize the market by those who wish to make huge profits. But we feel confident if at this time many investors are starting to understand in accepting any negative news aimed at Bitcoin and many investors are starting to realize that Bitcoin is a long-term investment for profit. 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
Now bitcoin has started to increase again to $ 23k and there is a possibility that the price will continue to increase after yesterday's correction. Yesterday's correction turned out to be a small correction that had too much effect on the bitcoin price so that the price did not fall too deep and could experience another increase today. I feel that the next barrier for bitcoin price is at $25k.
Barely holding $23k, but I do agree that it's nice to see that price after a long time. But we need to hold and sustain this price, because from the looks of it, doesn't yet that sustainable. And if I'm not mistaken, we hit $23,500 before the correction. So we need to see that price again, if ever we can reach that in the next 5 days or at the end of this month.Hopefully, the price of bitcoin will not have too much influence on the negative news that is experienced by countries out there. And even if there is a decline later, the price of bitcoin will not fall too deeply so that it will not cause panic in the market.
Depends on the negative news that we will hear. But for now, it's seem that the panic has subsided already. The last negative news is the FTX collapse but we are over with it and that is very positive news.
Bitcoins price completely depends on their users only. If we want, then only the price will increase, and vice versa. The thing that I want to point out is that, Bitcoin follows the policy of supply and demand. So if the demand of the coin increases, then due to the limited supply of coin, the price will be forced to increase. So Bitcoins will only increase, if we buy more coins than we sell. You can easily see the application in a particular exchange. If the exchange has more buy orders than sell orders, then you will notice that the price of Bitcoins will increase simultaneously.
The value of any asset depends on supply and demand. But at present, the value of bitcoin I suspect that it depends only on supply and demand.
Bitcoin is still a volatile asset and somewhat manipulated by sharks, the bitcoin market is more of a game than a supply and demand market. This will improve in the future when bitcoin becomes bigger, like the gold market, but unfortunately, now is not the time. So we can never predict whether the bitcoin price will go up or down in the coming days.
Now bitcoin has started to increase again to $ 23k and there is a possibility that the price will continue to increase after yesterday's correction. Yesterday's correction turned out to be a small correction that had too much effect on the bitcoin price so that the price did not fall too deep and could experience another increase today. I feel that the next barrier for bitcoin price is at $25k.
Hopefully, the price of bitcoin will not have too much influence on the negative news that is experienced by countries out there. And even if there is a decline later, the price of bitcoin will not fall too deeply so that it will not cause panic in the market.
Just in the last few hours there was an attempt by the bears to try to make the price of bitcoin to go below 22k and they got close to achieving it, but the bulls have reacted quickly and now they are buying bitcoin and it has reached a price of 22.5k, this is very similar to the move we saw 2 days ago and it seems this attempt will also be defeated by the bulls, but this shows the bears are still trying to end the bullish momentum we have built and if given the opportunity they will try to make the market to lose the ground we have won during the last weeks. Hopefully, the price of bitcoin will not have too much influence on the negative news that is experienced by countries out there. And even if there is a decline later, the price of bitcoin will not fall too deeply so that it will not cause panic in the market.
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