Will the price last until the end of the year? - page 3.

sana54210

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Quote from: Vaculin on September 12, 2021, 07:24:33 PM

Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

They are right thinking that Bitcoin will reach back $50k after the huge correction. I guess we all thinking about the bearish situation after hitting $60k plus the market turns into different and facing an opposite direction. It was great seeing this scenario and I foresee this it sustain until the end of this year. There is a lot of markets drama around but people are to keep ignoring them but in fact, it had to show the adoption has to get stronger and bigger.

Of course it will hit 50k, I mean think about how it is that easy to go there when we did it 3 times in total for the past 2 months. Firstly, it was the first jump from 30k levels to suddenly to 45k levels that eventually reached to 50k. After that dropped and went back to 47k we had another to 50k and then dropped to 47k, and now we had gone to 52k from that drop to increase period and moved to 44-45k levels once again.

So, whenever we went low in the past 2 months, we go over 50k then back to under 50k and then back to over 50k. It is quite simple and we could have that again, doesn't mean we will be 100k but it surely looks like that 50k is quite easy to handle.

Vaculin

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Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

They are right thinking that Bitcoin will reach back $50k after the huge correction. I guess we all thinking about the bearish situation after hitting $60k plus the market turns into different and facing an opposite direction. It was great seeing this scenario and I foresee this it sustain until the end of this year. There is a lot of markets drama around but people are to keep ignoring them but in fact, it had to show the adoption has to get stronger and bigger.

BuNga_cute

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Quote from: ReiMomo on September 12, 2021, 03:02:30 PM

Seeing BTC's recent growth, I assume, we may again see another new ATH of BTC by end of this year. Yes, It might again cross $63k. Currently the price remains stable and strong between $42 to $52k. This indicates that $40k is the resistance which again says, the next touch would be $59k by end of this month or in a week. So yes, we can see a good jump to $65k to $67k by end of November.

I support your prediction that Bitcoin will reach another new ATH by the end of this year. Because based on the results of the technical analysis I did,
Bitcoin's movement is seen slowly rising, although there have been several corrections. Even now the price of Bitcoin is still at $46k, whereas
previously managed to reach the price of $ 52k. This proves the price of Bitcoin is very volatile, but as long as it stays above $40k, I think
the opportunity for Bitcoin to at least return above the $60k price is still wide open. The most important thing is that we have to be patient
and don't panic if there is a correction like now.

STT

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Its end of week, we get a new weekly bar soon and around about the Monday and this close we get definitive price action. The closing price should be more accurate then some of the volatility possible during a week and the weekend, right now prices are set just about the 50 and 200 moving averages only slightly above both for in theory a positive picture medium term.
It could be taken from this and the averages rising that year end will be positive not negative but I think we need to observe how well price action confirm this area as a low. I think it'll take more time to be sure, if we trade down to 39k next week but recover to end the weekly close back at this point that will help consolidating a positive picture.

ReiMomo

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Seeing BTC's recent growth, I assume, we may again see another new ATH of BTC by end of this year. Yes, It might again cross $63k. Currently the price remains stable and strong between $42 to $52k. This indicates that $40k is the resistance which again says, the next touch would be $59k by end of this month or in a week. So yes, we can see a good jump to $65k to $67k by end of November.

Shohanur

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Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

Price of crypto currency is moving all the times. We are not able to say when price will rise or down. It is depending on supply and demand of bitcoin. Besides, influencers and news can play vital role to increase or down the price.

xmonkeyx

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if you look at what is happening at the moment the price of bitcoin continues to increase I estimate and also hope that at the end of the year we will see a new price which is higher than today even I believe there will be a new ATH be it for Bitcoin or some other Altcoins, many things that made me predict that and I am very sure of it.

dezoel

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I would say that it will stand until the end of the year at least, probably even more. I agree with people that say that this is start of a bull run, we went from 30k to 50k very easily, it was so easy that it happened inside 10 days, and did a down and up two times in between that time as well, so it is obvious that the price checked if this level was correct or a fake and it turns out to be true.

If it was a fakeout then it would have gone down when it tried it, but it didn't do that and went back over 50k so it is obvious that we are doing fine. I say over ATH for both btc and eth by the end of the year is definitely something we can expect. Obviously it is crypto and things could go worse as well, I can't say if it will be going up like I imagine it will be, that is just my assumption and I do not have any other clue but it is definitely looking like a great period to get in for me.

Kong Hey Pakboy

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Probably by the end of the year it will be more than 50k or if not then probably it will go down and then by the start of the new year, it continues to go up again in prices.

leea-1334

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Quote from: beerlover on August 26, 2021, 12:33:56 PM

I get that we are not doing something extraordinary with 40-50k movements, it goes down and up and down and up constantly and that is totally similar to the 30-40 we were in between just a month or two ago. However we should realize that last time it resulted with a big increase later on, suddenly from 30k to 45k, why not have the same thing, goes down to 43-44k and then suddenly goes to 55k+ prices? It could totally happen and in that case the increase will continue down a lot. We are getting to that last quarter bitcoin loves so much, anything could happen.

Although,,, from the perspective of the bear, it is quite extraordinary to see Bitcoin hold so long in this range, and inching slowly up in the range. This is not good from their considerations as they would prefer to see Bitcoin rush up so fast that it cannot hold on to a bigger and stronger support. This way,,, when they try to sell big, the support is so strong bears wear themselves out more easily.

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Quote from: LogitechMouse on August 26, 2021, 09:31:15 AM

It went up to the $50,000 just days ago and it is going down ever since (currently on sideways).
In short, it is just a false breakout and it just shows that $50,000 is a strong resistance right now and that is the spot where people are selling most of their holding causing the price of Bitcoin to go down.

Will it last until the end of the year? I hope that it will and for sure many are happy if that happen but just be ready if the worst thing happen. When things don't go the way we wanted, those who are ready for it are the ones who are gaining the most profit. Staying above $50,000 for days to weeks will be a good sign and it will try to pierce the very peak of it which is near $60,000. Right now price of Bitcoin is at $47,000.

I would say that staying above 50k may or may not last until the year, but I am pretty sure that it will do fine for now, it is not looking that bad to be honest. Just because it had a small drop doesn't mean that it will continue down that path, it could fix very soon and very quickly which is why I do not think that it should be worrying to see it like this.

I get that we are not doing something extraordinary with 40-50k movements, it goes down and up and down and up constantly and that is totally similar to the 30-40 we were in between just a month or two ago. However we should realize that last time it resulted with a big increase later on, suddenly from 30k to 45k, why not have the same thing, goes down to 43-44k and then suddenly goes to 55k+ prices? It could totally happen and in that case the increase will continue down a lot. We are getting to that last quarter bitcoin loves so much, anything could happen.

Spack17

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Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

It is a good question. My answer is that Bitcoin price will not maintain over $50k till the end of the year. And it has even come down below $50k. There is a serious price correction lately and it has fallen back to $46k. I think that the price will have similar movements during September also. After that I expect to see Bitcoin entering a bull market. Then, it would continue to have ups and downs until reaching $100k before the end of this year. Maybe I'm dreaming a very difficult thing. But everything can happen when it comes to Bitcoin.

shield132

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Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

If we have a look at past post halving period, then we can say that we should expect constant price rises but the most significant and amazing rise will be at the end of the year. Also, at the moment we can say that the situation is going exactly as it was going back in 2017. Bitcoin went up to 60K, then went own to 30K and then it started rise and become 50K. This is a good signal, it means that 50K is a new standard for bitcoin right now and the next bullish movement will be far greaters, without doubt, we should expect more than 100K. I even think that reaching 100K will give bitcoin's price a significant boost.

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Quote from: asrinur on August 26, 2021, 09:55:50 AM

The Bitcoin price has successfully returned to the current $50k. This is a psychological level, combined with the scenario towards $60k. I think the bitcoin price has the potential to continue its price hike towards $60k. Of course, before entering the target, minor corrections are still ahead.

If you check at bitcoin market, you will see the price now is back to $46,856 and it is getting deeper than yesterday. The price is up and down many times today, but no signs show where the bitcoin price will move. This week seems to be a correction week for bitcoin price, which makes many altcoins have the same thing as bitcoin. But as you said, bitcoin has the potential to rise towards $60,000 and that will be a matter of time to see that price will come to the market. We saw a discount price from bitcoin price and we should use it for our benefit but that is if you know that buying bitcoin at a current price is a good decision.

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Quote from: asrinur on August 26, 2021, 09:55:50 AM

The Bitcoin price has successfully returned to the current $50k. This is a psychological level, combined with the scenario towards $60k. I think the bitcoin price has the potential to continue its price hike towards $60k. Of course, before entering the target, minor corrections are still ahead.

Some believe that price during Ber months increases especially by December but it will still depend on our coins we have and how the economic status of each country is. However, we already see in the past that prices can reach high within a month and somehow can go down too so we cant determine how much it can achieve in this year. I just buy every time I have money to invest as well sells when the opportunity of profit happens to buy more crypto as an investment. We should not put too much pressure on whether the price will reach such an amount or not as long as we can gain profit by trading.

Nasuhalugu

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Quote from: Nasuhalugu on August 25, 2021, 07:08:23 AM

Quote from: the ghabbar on August 25, 2021, 03:38:51 AM

Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

If you look at the analysis of many people today, bitcoin will survive and possibly rise to the maximum far from people's predictions, but such conditions are not certain to occur at the end of this year, if you look at the beginning of the year the condition of bitcoin or other altcoins in the market. I also believe bitcoin will not go down at the end of this year, most likely they will survive and continue to be normal until the next 12 months.

There are many analyzes circulating regarding the price of Bitcoin and I see the average misses the results. I see that something very good will happen to the price of Bitcoin this year even though the current Bitcoin price has dropped again from $50K and I am also still confident that Bitcoin will reach its highest price this year.

Currently down and there are expected speculations in regards to this situation,
but if you do believe that it will bounce back and bring you decent profits better to keep your asset on hold.

People have different insight and what is best to keep your own understanding, follow your instinct and
make sure to held responsible in all your actions while you are into this investment.

That I will definitely do (hold on). Holding an asset that has good potential like Bitcoin would be very lucky, at least it (hold) until December. If until December Bitcoin has not risen from the current price, then there must be other options that need to be done. Once again, the belief that the price of Bitcoin will increase is not only me, but other people are as confident as I am.

asrinur

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The Bitcoin price has successfully returned to the current $50k. This is a psychological level, combined with the scenario towards $60k. I think the bitcoin price has the potential to continue its price hike towards $60k. Of course, before entering the target, minor corrections are still ahead.

LogitechMouse

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Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Will the price last until the end of the year or will the price of Bitcoin go back down.

It went up to the $50,000 just days ago and it is going down ever since (currently on sideways).
In short, it is just a false breakout and it just shows that $50,000 is a strong resistance right now and that is the spot where people are selling most of their holding causing the price of Bitcoin to go down.

Will it last until the end of the year? I hope that it will and for sure many are happy if that happen but just be ready if the worst thing happen. When things don't go the way we wanted, those who are ready for it are the ones who are gaining the most profit. Staying above $50,000 for days to weeks will be a good sign and it will try to pierce the very peak of it which is near $60,000. Right now price of Bitcoin is at $47,000.

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Quote from: arwin100 on August 25, 2021, 06:08:35 AM

Quote from: leea-1334 on August 25, 2021, 05:56:08 AM

Correction or completion we have yet to see Cry

Normal to see some correction once there's a huge increase happen so provably bitcoin is preparing for something big after this little dump happen, people are still in bullish mindset so maybe we need to rely on that matters since it could bring positive reactions to different people to. Also since $50k has been reached up already for sure we can see more and provably the next attempt will happen next week so let see since if the price would reach at $50k again for sure the $60k figures is so clear to reached.

Dumping still happening right now but this is highly normal and correlates to the last few weeks of Wednesday dipping,,, nothing to worry about I would say as it is still less than 5% down from this time today, in fact a few hours ago it was even in positive 24-hour gains.

One more time 50k this weekend I think should be highly possible.

RealMalatesta

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Quote from: palle11 on August 25, 2021, 07:32:47 AM

Quote from: Nasuhalugu on August 23, 2021, 04:24:42 AM

Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

The price IMO will go up even close to a new ATH before December. It touched $50,000 few days ago and we are yet entering the pick season of festivity. This means there are more possibility for upwards than bearish. It is speculative both ways but the greater chance is for bull. The price barely dropped a little below $50,000 and that might be a correction for two weeks bull stretch, the bull will continue afterwards.

I do believe that it will go up but ATH is a bit of a exciting situation that may not happen unless we get a huge hype. Don't get me wrong a huge hype is not something that is unheard of in the crypto world, we have seen stuff like that happen all the time before and we may end up seeing it again, we have seen it go from under 10k to over 60k so it would not shock me to see it go from 50k to 60k+ because that would be easy.

However this "easy" is only when the whole community believes that it will happen, same community saw bitcoin go from 64k to 30k as well, so it could go up a lot, go to 100k, or it could drop a lot, go to 10k as well, they are all possible. Which is why I believe that it will go up, it always goes up, but I am not putting a certain price point to it, it is too difficult to decide where the price will be in the future runs.

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