Wrong Predictions as price keep failing! - page 6.

DiMarxist

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

It's very funny when someone keeps making arguments about how prices are going, as if they are talking about going both wrong and right. Anyway, all price speculations are just for discussion and long-term or short-term investments are all envisioned and set on each person's goals. That why I always saying that, to predict Bitcoin price is very challenging. If bitcoin can go above $30k it's a possibility of breakingouts to $35k or $40k will be easier this month. But Bitcoin previous ATH happened at 2021.
We are currently in 2023 and still waiting for the new ATH to arrive.

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Quote from: serveria.com on May 16, 2023, 05:26:53 PM

Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I'm not sure who's predictions you have read and where, but if we presume that 4 year cycle is intact, 2023 is 2019 in the previous cycle. As we know, 2019 was mostly flat with a tiny spike in summer and price dropping a bit in Q4. So we can't really expect any parabolic growth or ATH this year. Next year, year of the halving looks much more promising.

To Frank with you, we don't have believe on prediction because people make a prediction of Bitcoin both this year and last year am not sure some of their predictions was accomplished or comes to reality the way I'm seeing things, so we don't have to believe or trust on prediction of cryptocurrency because I know quite well that prediction of Bitcoin is a personal concern and personal inquiry and research analysis in Bitcoin will make some people to come up with their scenario of final conclusion in Bitcoin price.

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Quote from: serveria.com on May 16, 2023, 05:26:53 PM

Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I'm not sure who's predictions you have read and where, but if we presume that 4 year cycle is intact, 2023 is 2019 in the previous cycle. As we know, 2019 was mostly flat with a tiny spike in summer and price dropping a bit in Q4. So we can't really expect any parabolic growth or ATH this year. Next year, year of the halving looks much more promising.

Well if we would base it on how the cycle has been in the past then this is the best time to catch up cheap Bitcoin.
But for those who would invest now there is no guarantee that it would still be the same just like how it was in the past, don't be too greedy and invest only what you could afford to lose.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I'm not sure who's predictions you have read and where, but if we presume that 4 year cycle is intact, 2023 is 2019 in the previous cycle. As we know, 2019 was mostly flat with a tiny spike in summer and price dropping a bit in Q4. So we can't really expect any parabolic growth or ATH this year. Next year, year of the halving looks much more promising.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season

They're just predictions and they're not being said as if it is the one that will be followed by Bitcoin. More like it's a guess about the market's movement and with Bitcoin's price. It's truly hard to see someone gives an accurate prediction on this highly volatile market.

Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

Anyone will have our own prediction and definitely the price will be favorable to the likes of us. Like what you've said, not gonna reach $40k and for the others you'll see them predict $40k and even higher. With me, I'm already happy to see it reaching $30k once again and becomes stable there.

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Quote from: Lida93 on May 16, 2023, 01:18:44 PM

Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

OP don't you think this post would be more appropriate in Speculation board.
As you can see the year 2023 is not yet over and moreover we haven't gotten to half part of the year still with seven months remaining before the elapsing of the year. So there's so much time for bitcoin to rise even above the 40k market price you're beaten at. As for the government, they are only worried about the control they are deprived of by the decentralization of the currency and not that they're unaware of the economic potentials bitcoin can give to their economies.

I think they do not really care about it as much as people think they do, I feel like that's a normal thing and we should not really have anything and that means governments are not going to end up with anything that bad at all. I believe that we have to focus on the bright side and the good things instead of having this type of results, it just doesn't really matter to me at all.

I believe that governments are fine about it as long as they can tax it, they only care about the money they can steal from the public and that matters a lot more, taxes are a way of doing that and if they can tax it from the situation then they can make as much profit as they can and will allow people to do whatever they can, it's going to be allowed.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

If you are justifying Bitcoin base on people predictions concerning increment and decrement of Bitcoin precisely, you will be discouraged because it's very obvious that bitcoin have to do with the level or gravity of demands before it will accelerate in price, one thing I understand in the price of bitcoins is that it doesn't have to be stable in price, what it does, is that the demand will determine the skyrocket of the price, bitcoin is a technology which we know that it might increase now and fall back tommorow, and concentrating on bitcoin price through speculation and prediction from individuals is what makes some people do be discouraged concerning bitcoin investment, so the aspect of bitcoins reaching forty thousand (40k) this year is under probability indecencies that a news can change the bearish market of bitcoins within some days and it turns positive to bullish market, so the features of bitcoin can't not be officially predicted.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I don't really care about anyone's prediction, I don't even like seeing people making prediction about bitcoin, when Bitcoin was around $16k, lots of people claimed that bitcoin will dump more to around $10k zone, nobody believe that bitcoin will start pumping from that zone, but bitcoin started pumping till it gets to $30k zone before it dropped to the current price, how sure are you that bitcoin will not pump to $40k this year, you should know that nobody is controlling bitcoin and nobody knows the price that bitcoin will get to. Don't be suprise that bull run might even start this year that you think Bitcoin won't get to $40k, I think you shouldn’t discourage people that are planning to invest.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

At the time there was a lot of fear on the market, so it is natural everyone was kind of bearish as at the time the price was close to 16k, it was not until January 9 in which things began to change and the price of bitcoin went up, so do not put too much emphasis on that mistake because it is a mistake everyone would have made at the time, as I was not expecting this fast recovery neither, so as you can see everyone makes mistakes when interpreting the markets, what matters is those mistakes produce small losses while your correct predictions produce on average more money than what you lose.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

OP don't you think this post would be more appropriate in Speculation board.
As you can see the year 2023 is not yet over and moreover we haven't gotten to half part of the year still with seven months remaining before the elapsing of the year. So there's so much time for bitcoin to rise even above the 40k market price you're beaten at. As for the government, they are only worried about the control they are deprived of by the decentralization of the currency and not that they're unaware of the economic potentials bitcoin can give to their economies.

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I don't think it's wise to say that it will go up as soon as possible because that's just going to be false. Or even when it goes down, it could be false. It's like a subjective thing and you need to be able to continuously go with the flow on what's happening and not rely much on predictions because there's no assurance in that setting.

Be careful with your investments. I believe that it will go up but no specific timeline though.

Nwada001

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

Without thinking about government policy and the implementation of some kind of hatch decision on Bitcoin, I still strongly believe that the price struggle that Bitcoin is facing is temporary, and it is not 100% because of the government being so hard on it; there are also some other issues contributing to it that I actually can't identify. Saying that Bitcoin can't reach $40k on or before the end of the year is just like saying you control the price; no matter how hard Bitcoin tries to fight back positively in price, it might not be able to hit $40k, but to me, I believe those predictions are wrong.

Even if Bitcoin price can't sustain $40k, I still believe it can hit it even if it drops back below it again. Just as what happened on the 26th of April, when Bitcoin moved from 26k and hit 30k within 24 hours, the same thing can still happen, and Bitcoin price can just move from 27k to 30k+, and so on. I don't really see anything that is still holding Bitcoin down from hitting 40,000. Unless there are other things that you use in making your chart prediction that I can't actually grab my hands on,

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

You can't simply create your prediction. One must have a concrete analysis whether it is fundamental or technical. Depends on what works for you. on my own analysis at the time being using technicals, price is still at consolidation in which lower price at 23K could get retested or can break above 37K then higher. Two side there is because the price is just trading inside the range. Aside from that there still other factors such as seasonal tendencies, probable epidemics, news, and wars. All constitute not only bitcoin but also other risk assets.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

Bitcoin already reached the 30K level in less than half a year but this price wall is the previous price when LUNA&FTX crashed the crypto market. This only means that the crypto market already recovered on FUD which cause this downtrend to the ATL for this cycle. There's a high chance that 40K will be reached this year since next year is halving and we all know that the Bitcoin price always pumps pre-halving. The chance of a strong rally is very high now that we already reached the psychological barrier that end this crypto winter.

Best indicator that Bitcoin is on bull market already is it didn't affected by any bad news regarding global economy which it should give a price impact on normal crypto winter.

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That's a good prediction, it may happen and it may not happen, but that is not the main goal here, my main goal is to hold my bitcoin for a very long period of time and I refuse to sell it at a lower price.

Bitcoin predictions are only good for those who are in the market for a short period of time, or for a short-term gain, if you're in the market for a long-term profit, the present value of bitcoin shouldn't matter to you or what the value of bitcoin will be at the end of this year shouldn't matter to you.

30k or more is possible because we are not even in the bitcoin halving year, I don't understand what people are trying to achieve with the price of Bitcoin in a bear market, either you like it or not, 2023 will be a bear market through out, the promising movement from Bitcoin will come in 2024.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season,

How do you know do you have a list of predictions, there are no exact predictions and predictions varied for every investor and traders.

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I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

It's too early to tell about the price we are just halfway through the year, and so many things are going to happen all I know is I'm very positive about the outlook this year, 2022 is a very hard year for us and 2023 a year before the halving is a good time to accumulate, the next halving will probably very different now because we have massive adoption and we will have a deduction of the output, the demand will be greater than the supply.

Solosanz

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Actually it's pretty possible Bitcoin price would reach $40K since there are still 6 months to go and it's not far from the current price. $40K isn't that high too since the last Bitcoin ATH was at $69K. This and next year Bitcoin price will just be around $20K-$40K and 2025, the bull run would be started.

Even though many people saying history will not always repeat, but it's high likely will repeat.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I'm not an expert and I don't have much of a problem with how much the price should reach year after year, because as I have speculated in this market experience, they are for reference only initiate or take profit according to the volatility of this market. I find it very funny when someone keeps making arguments about how prices are going, as if they are talking about going both wrong and right. Anyway, all price speculations are just for discussion and long-term or short-term investments are all envisioned and set on each person's goals.

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Quote from: Godlovesyou on May 16, 2023, 10:02:02 AM

Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

You have really made a nice prediction here but as we all know prediction with less knowledge always brings 50 50 opportunities from which most of the people lost. So, AFAIK, btc might hit $40k because it has already tried its best to reach $35k and due to banking problems which you might have not predicted in January, that has downed the btc prices alot and after that, there were sec's crack down, plus now there is ordinal problem and orc-20 tokens problems. Despite all of these btc has hold it position at $25k and made it a hard support level. So i think, keeping this support level in mind btc has the potential to hit $40k in almost last quarter of 2023.

Its my spectulation so please dyor too before following mine. As there is one more factor there which ensures BTC to reach $40k which is mext year halving. I have already talked about halving many times and will talk about it here too. Which is --> halving might come in april 2024 and after that bullish cycle will start and btc will make its new ATH, which is a good sign for BTC to hit atleast once $40k this year.

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Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

Topic: Wrong Predictions as price keep failing! - page 6. (Read 843 times)