Will the price last until the end of the year? - page 4.

molsewid

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Quote from: ancafe on August 25, 2021, 12:12:19 PM

we expect the bitcoin price to exceed $50k by the end of the year. maybe a few days ago the price of bitcoin again reached the price of $50k, but I am very sure that the price will return to decline as we are currently seeing. however, it usually happens when the bitcoin price reaches its new point after a long time. A lot of people are targeting the $50k range to sell their assets, and it looks like they've already done that. I'm pretty sure in a few days the price of bitcoin will return to that range, and will likely continue to increase until the end of the year.

A $50000 market price for bitcoin today is just only a hundred units away before it hit and I know that everyone of us here are delighted to watched the bitcoin candle fly again. I think a $50,000 or more is very much possible for the price of bitcoin before the year ends and hopefully might getting a $60K or more. I bet that this year end will be the most awaited time of every crypto investors and trader however we knew that we do excited for this time of the year because the market bullish is on the way.

Review Master

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Quote from: Nasuhalugu on August 23, 2021, 03:24:42 AM

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

That's a great correction as many panic users left the market which is great for the market as mature users are increasing day by day. BTW, it'll depend whether bulls will take over by surpassing the $50k in the upcoming weeks or not as it's must be traded above the uptrend line to continue the bullish rally. If it's break that trend line, bears might take control over that. But lets see who'll be taking the position, bulls or bears. Cheesy

Kittygalore

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I think the price will even exceed than the last year, remember that bitcoin has gone down this route before and what's happening right now is natural, we might even see bitcoin going up more than we expected it to be, take note that there's still 4 months on the calendar for bitcoin to do something and I think that bitcoin will definitely do something.

ancafe

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we expect the bitcoin price to exceed $50k by the end of the year. maybe a few days ago the price of bitcoin again reached the price of $50k, but I am very sure that the price will return to decline as we are currently seeing. however, it usually happens when the bitcoin price reaches its new point after a long time. A lot of people are targeting the $50k range to sell their assets, and it looks like they've already done that. I'm pretty sure in a few days the price of bitcoin will return to that range, and will likely continue to increase until the end of the year.

ivankoh

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We will not be able to judge the structure of the market movement until the end of the year. Only each level can be completed for the analysis. Currently, at $50k, it seems that the market base is not ready to break through the psychological profit-taking level of the trade. There are two support levels at $44k and $47k, strong supports should be considered here. We are still in Q3 and August is very optimistic. Ideally go through the $56k zone to spot the next touch point.

sana54210

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Quote from: Nasuhalugu on August 24, 2021, 05:02:55 AM

Quote from: DarkDays on August 23, 2021, 05:59:05 AM

The way the market behaved for the past few months suggests to me that this is the 2nd phase of the bull run.

So, no the way I see it BTC won't be 50K by the end of the year but at a much higher price - this is my personal opinion, and so I don't recommend making investments based on this.

In any case, I feel bullish.... Come on BTC, you can do it Cheesy

Actually it's not just you, I personally see the highest Bitcoin price this year not at $50K although many analyze it will end at $50K. I've watched Bitcoin this year at $63.3K in April, so I'm sure Bitcoin will reach a price higher than what happened on April 15, 2021.
Thank you for being willing to discuss the topic that I created.

I do believe that 50k+ will be achieved and it will go up, however I am not sure if 64k will be broken or not neither. Those are very different two things because one of them could become 62k and that would be a great increase for all of us while not breaking the ATH but the other has unlimited upside, 64k+ means that 65k and 500k are all in the same category and they are all above the 64k price line.

So, I am not sure how higher it could go, maybe it will go down but I know that it could be higher than what we have right now because that sounds like a proper situation, the only problem is that I do not see where the stop will be because it could be 55k or it could be 100k.

palle11

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Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

Nasuhalugu

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Quote from: the ghabbar on August 25, 2021, 02:38:51 AM

Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

arwin100

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Quote from: leea-1334 on August 25, 2021, 04:56:08 AM

Quote from: marine4u on August 25, 2021, 01:59:55 AM

I'm bullish on how far we can hit this year, we have a 35 day correction from 29k (20.7) and now $50k has been broken, now will be a accompanied correction ” conditions” are important to prolong this cycle. and I guess we can end the year at 73k6 or at least it's a historically new ATH.

You and majority of people on this forum are bullish in that direction for sure. 50k broken once already so we should expect a few more tests,,, but if we do not see any more attempts in this week then I think we have to adjust for temporary bearishness.

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.

leea-1334

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Quote from: marine4u on August 25, 2021, 01:59:55 AM

I'm bullish on how far we can hit this year, we have a 35 day correction from 29k (20.7) and now $50k has been broken, now will be a accompanied correction ” conditions” are important to prolong this cycle. and I guess we can end the year at 73k6 or at least it's a historically new ATH.

You and majority of people on this forum are bullish in that direction for sure. 50k broken once already so we should expect a few more tests,,, but if we do not see any more attempts in this week then I think we have to adjust for temporary bearishness.

Correction or completion we have yet to see Cry

the ghabbar

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Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

marine4u

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I'm bullish on how far we can hit this year, we have a 35 day correction from 29k (20.7) and now $50k has been broken, now will be a accompanied correction ” conditions” are important to prolong this cycle. and I guess we can end the year at 73k6 or at least it's a historically new ATH.

Fundamentals Of

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There are still a lot weeks between now and the end of the year. So I don't think the price of Bitcoin today will last until the end of the year. That would be impossible in an asset which is highly volatile. There are many possibilities though. The price could move up and down and finally settled at $50,000 at the end of the year. It could also fall down lower than that. But it could also rise higher than that. For now, it seems the predictions are mostly on the side of a higher price, even at $100,000.

Emitdama

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Quote from: crzy on August 23, 2021, 03:58:54 PM

Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

We just hit the price of $50k and right now we are unable to sustain on this level though this is normal at first and I’m sure Bitcoin will still try to go above $50k and I’m confident now that it will happen. We can’t be sure if this price will last until the end of the year, let’s just hope for this one and continue to analyze so you can confirm if this is possible or not.

At least we are out of the $30k hole that I was afraid we might not come out anytime soon. There should be no problem even if the price goes falls by a few thousand dollars because we might see another big momentum in early 2022 and continue till mid, just like it happened this year.

Making assumptions is not worth it because the market is near impossible to predict and insanely volatile to guess anything. The next BTC halving I think will happen in 2024 which means we still have a few years to go up and down before the halving will blow the price to something unique and amazing.

mrjoy15

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When is it over? End of the year most likely. The second bull run already put incredible effect over the market, I guess everyone thinking same. This move is surprising however this is the fact. Bitcoin maintain the price quite well and investors still buying. The red and green arrows indicates where you should sell and buy. BTC had been on fire however specialized recommend a draw back.

Support is completely obvious in this case. At least maintain the major support zone indeed very necessary to secure further developments. Anyway, the recent BTC movements we can expect a pull back.

Nasuhalugu

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Quote from: arwin100 on August 23, 2021, 08:13:02 AM

Its hard to point out that this pandemic is the main reason why we see bitcoin shoot up since maybe the huge reason is the adoption and the pandemic demands got only little percentage on it, also other hyping methods made by influential people adds the spice towards this so maybe if they continue to add some colors towards bitcoin until the end of this year most provably we can see this continue and provably we can see your price speculated reached up.

It is very wise for you to provide feedback regarding whether or not the Bitcoin price will survive the speculation that I made. But I feel sure that if those with influence continue to add spice to Cryptocurrency activity, the Bitcoin price will continue to survive despite the pandemic, one of the factors that has made it difficult for people's economy.

Nasuhalugu

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Quote from: DarkDays on August 23, 2021, 05:59:05 AM

The way the market behaved for the past few months suggests to me that this is the 2nd phase of the bull run.

So, no the way I see it BTC won't be 50K by the end of the year but at a much higher price - this is my personal opinion, and so I don't recommend making investments based on this.

In any case, I feel bullish.... Come on BTC, you can do it Cheesy

Actually it's not just you, I personally see the highest Bitcoin price this year not at $50K although many analyze it will end at $50K. I've watched Bitcoin this year at $63.3K in April, so I'm sure Bitcoin will reach a price higher than what happened on April 15, 2021.
Thank you for being willing to discuss the topic that I created.

coin-investor

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Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

There's an indication that it will remain or even surpass the current all-time high set this year, the third quarter of this year and the fourth quarter of this year has been good for the market, we have reached the $50k when just last month Bitcoin almost dropped to below $30k below, I think we are going better before the end of this year we might end up $80k before the year-end.

michellee

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The bitcoin price will not last until the end of the year because as you can see now, the bitcoin price is at $49,700 and is close to $50k. I guess the bitcoin price will reach $50k soon enough and maybe that will happen this week. At the end of the year, the price can be at more than $64k and it could be at $70k-$85k. We might see another bull run coming for bitcoin and will lead the altcoin to have another altcoin season this year so if that can really happen, we will see two times of the bull run in the crypto market.

lizarder

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Quote from: Nasuhalugu on August 23, 2021, 03:24:42 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.

Today it is no longer suitable to predict bitcoin at $50k because today bitcoin has reached more than that, but overall we can predict bitcoin next year far from the current price, I dare say next year bitcoin will reach a price of 1 trillion.

If you look at the current condition of bitcoin and it is very likely that it will all happen next year, I'm not sure bitcoin will fall next year, even if it does, it won't be below the number you mentioned.

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