Topic: Will the price of bitcoin rise again? - page 4. (Read 1225 times)
If you look at the current conditions of course many are pessimistic that bitcoin can rise again, but if we focus on long-term investments or at least 2 years then I suggest to put all investments in bitcoin, buy now for around $19k and in 2 years I'm sure bitcoin price can reach at least $75k.
that's the wheel of the economy, surely many investors are waiting for the best / right time to buy. Bitcoin is not a stable cryptocurrency and not a centralized asset, so market activity has a big role in price changes that occur in bitcoin. just keep an eye on the market price and don't leave just because the bitcoin price is down more than 50% of its ATH.
Don't just watch if you don't act to buy on a downturn, because just monitoring won't change anything if one never intended to own a product like Bitcoin.Now the world economy doesn't seem to be doing well so everyone has seen the market still so bloody and not showing the slightest sign of gradual improvement. And it has also taught everyone to be patient at this time
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand. In short, there are more people selling the people buying. But don't worry because the market sentiment isn't permanent. It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens. And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I don't see the market being in a Bull now unless it's still in a Bear condition. So there are no special things that I can explain to you now for you to understand further. I think you don't need to be worried about the decline that is still happening in Bitcoin because the increase in the price of Bitcoin is still possible to happen again although it is still very difficult to know in detail when it will happen
In this zone, Bitcoin appears to be creating a very strong support since we're holding 20k. A nice run may be in store if this thing continues to hold. Also It would be delusional to hope for a rally before a long time. It is unlikely that 30k will be reached until next year and there is no chance that 40k will be reached until then. Even more, I believe. Until we get out of the economic crisis, crypto won't rise.
With a situation where the world is not doing well, where the whole world is experiencing an economic crisis, it has at least had an effect
on the crypto market. Now quite a lot of people are having difficulty meeting their daily needs, because the prices of basic necessities are increasing.
So this makes many people no longer have extra money to buy Bitcoin, that's one of the reasons why Bitcoin prices are difficult to recover.
Especially with what happened to LUNA this year, making newbies afraid of investing in crypto. So as you said it is likely that until the end of
the year the price of Bitcoin will not increase, we seem to have to be more patient holding Bitcoin much longer. But we don't have to worry,
because in the end Bitcoin will definitely recover and the price will go up again, but probably not this year. It's better if we just focus on collecting
Bitcoin for now and holding Bitcoin until the bull market comes.
BTC is a relatively volatile asset but even here we need the price action on the graph to give us some indication of possible gains to estimate as much. It would be highly unusual if BTC did not attempt higher at least within the range upto 30k. A large part of why BTC is quite restricted now is down to external events, quite a large change in direction from macro economic news such as Central bank policy, this does matter at least in the short term such as a year we can easily stay down for these months still.
2nd touch of a weekly average in a few days is about the most positive thing we have just now. This price is lower then the prior peak but the quick recurrance of the price vs the average gives us some hope we can attempt higher. Target upside is about 21k there, a quite humble target but thats how we estimate strength, 1 rung at a time on the ladder and we climb or we slip thats what Im watching.
2nd touch of a weekly average in a few days is about the most positive thing we have just now. This price is lower then the prior peak but the quick recurrance of the price vs the average gives us some hope we can attempt higher. Target upside is about 21k there, a quite humble target but thats how we estimate strength, 1 rung at a time on the ladder and we climb or we slip thats what Im watching.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
Bitcoin will never have a fixed value and it’s price movement won’t keep moving up but is also expected to fall back, that’s how volatile bitcoin is. And I don’t think we’re now entering a bull market since afaik, the long bear market stays still. However, bitcoin price will start to increase if we start seeing positive events in the market that will influence bitcoin price to start skyrocketing. legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
The price of bitcoin will go up and down and this is normal, it becomes a good opportunity if we make bitcoin for daily trading, many people can profit up to thousands of dollars in a week or even less because of trading in binance or other exchanges. But if we focus long -term then buying and hold is also a good choice.
If it's just for trading, I don't think it should be on Binance even though it's a very good exchange as well as good. Because if it's about Bitcoin with volatile price conditions at the moment, then there's no need to take more risk if you're just chasing daily gains which generally won't be that much. But just buy as much Bitcoin as you can and hold it in until you find the best price for you to resell into the market. I am sure that you will get a more satisfying profit.
In this zone, Bitcoin appears to be creating a very strong support since we're holding 20k. A nice run may be in store if this thing continues to hold. Also It would be delusional to hope for a rally before a long time. It is unlikely that 30k will be reached until next year and there is no chance that 40k will be reached until then. Even more, I believe. Until we get out of the economic crisis, crypto won't rise.
The price of bitcoin will go up and down and this is normal, it becomes a good opportunity if we make bitcoin for daily trading, many people can profit up to thousands of dollars in a week or even less because of trading in binance or other exchanges. But if we focus long -term then buying and hold is also a good choice.
I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.
I still believe in a bull market and bulls in Bitcoin although I don't know for sure when that will happen. But during this period of downturn I was only able to enjoy modest market conditions while making purchases to the best of my ability because being too pushy to buy is also not a good option because everyone needs to plan purchases without disrupting their financial cycles in life.The price of bitcoin and the majority of crypto is at a new low, so I think that even if the price goes up a little, it will fall even deeper. It is still risky to hold long than to hold short.
Bitcoin always has great potential to rise again, I predict that bitcoin will strengthen again in late 2024 or early 2025.
If your prediction is so, try to buy Bitcoin from now on and learn to be patient and hold it for a long time because it is the best option for everyone who wants more profits.Bitcoin always has great potential to rise again, I predict that bitcoin will strengthen again in late 2024 or early 2025.
So the option to hold in the short term I don't think is a good option for Bitcoin, but it will be a different story if it is for altcoins which may not have good potential when compared to Bitcoin.
I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.
The price of bitcoin and the majority of crypto is at a new low, so I think that even if the price goes up a little, it will fall even deeper. It is still risky to hold long than to hold short.Bitcoin always has great potential to rise again, I predict that bitcoin will strengthen again in late 2024 or early 2025.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
There is definitely an increase and decrease in every bitcoin trip, try checking the bitcoin cycle in the previous four years, may you will get an answer from the process of increased or decreasing that is happening now, Questions you give, because there will be a stage as well as the process of every bitcoin trip I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.
There will indeed be more price increases but everyone needs to be patient to see the price increase happen because now the downtrend is still continuing so everyone can still see Bitcoin price at $20K even less than it is now. I'm also waiting for an increase to happen again and am still patiently holding onto whatever I deem important for now and that includes Bitcoin. 
I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.
if you are patient then the answer is Yes bitcoin price will rise again, but if you cut lose of course it will not happen to you,
currently the crypto market is still in bearish season so don't expect it to go up again.so just hold on and forget this bearish,
it will definitely rise at the right time, maybe after Q3 ends and runs in Q4 then we will know the answer
currently the crypto market is still in bearish season so don't expect it to go up again.so just hold on and forget this bearish,
it will definitely rise at the right time, maybe after Q3 ends and runs in Q4 then we will know the answer
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand. In short, there are more people selling the people buying. But don't worry because the market sentiment isn't permanent. It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens. And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.out there, there are still many people who are skeptical of the bitcoin price and think that the current bitcoin price is permanent and is unlikely to rise again. that is a wrong assumption because the bitcoin market is a very volatile market, and prices are not permanent. currently purchasing power is still decreasing along with the unstable world economy, in a few years when purchasing power strengthens then we will definitely see bitcoin prices soar again.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand. In short, there are more people selling the people buying. But don't worry because the market sentiment isn't permanent. It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens. And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.
This will diminish the supply available at exchanges and increase the demand, and we know that when that happens the price has to go up, and when you add the halving on top of all of that then that is the moment in which a bull run inevitably happens.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand. In short, there are more people selling the people buying. But don't worry because the market sentiment isn't permanent. It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens. And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I think it's only natural to see bitcoin's price going down now because bitcoin has gone through very high gains before and this is a cycle that bitcoin has been going through for years. Maybe the reason is different for each time the increase and decreases occur, making us wonder what causes the price to rise and fall as it is now. But after this decline, bitcoin will rise again and there is a possibility that it will surpass the previous high ATH. So be patient and keep trying to buy when the price is still low so you will have the opportunity to sell bitcoin at the highest price later. Jump to: