Bitcoin Forum

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The same thing I would answer 3 years ago if someone asked my "what's next for Bitcoin". Continued volatility, short term price unpredictability, increasing long-term adoption, and continued development. Short term price movements are just noise.

I think bitcoin is still the same because it is volatile from the previous years we saw that bitcoin does not have a good market value and by the time it goes by it is increasing and getting a good market profit on it. Today the market price of the coin is going back and increase again up to the 10k market price because it falls at the end of the April and today with the month of May it gives a huge comeback on it which is a sign to beat the market resistance over 10k dollars and expecting to beat the resistance. Still, it is better to make aware because the market is volatile no one is safe on this kind of market one of the best things to do is monitor the market price.

The only major impact that can happen to bitcoin is gaining more popularity as the time is passing. I bet if we had no global emergency right now then most of the people would have been into crypto this year.

With completion of decade last year people now know bitcoin is that liquid asset which can profit them in many ways and also could be second most famous reserve after Gold. For now we are more or less in dormant stage and as soon as people will be out of danger they will think of solid survival, meaning resetting their economic situation and then bitcoin would be the ray of light to invest in.

It’s even becoming better because it just passed its halving, correcting its value to proper cap and by the time everybody back in investment it will be steady asset.

The bitcoin is gonna see best days of it, the way it has done always.

More adoption and development for Bitcoin. What do you expect to be honest? Are you waiting for Satoshi Nakamoto to announce something? You should scratch that because that will never happen. Bitcoin shines because of its technical features. It's not all about price. As long as people are finding Bitcoin useful, then that is where Bitcoin really shines.

Fear only lies on those People that don't want to invest for long time ,Because there are so many hindrance
 in this market and interference of Whales which always brings the bad
 character in this crypto market.

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But for my personal opinion,this growth is just a part of another temporary hype and nothing is coming to
 reality of bullying .maybe what we need to learn now is how to
 go with the flow as the trend will surely in this kind until the last quarter because there are some news that
the Vaccine for the corona virus will be started and if this make
 a good way for the economy to increase again?then the crypto market will follow and we
will see another great flow again.

The panic continues to exist from themselves so that the old investment will not be strong because they do not want to happen again bad things like in 2018 because bitcoin fell more to the bottom.

In the market there must be manipulation, especially in crypto called whales that can control the market so many are reluctant to stay longer in crypto because of the fear they feel to date.

Crypto market liquidity is quite high but still they do not want that character to happen again.

What's next? we can speculate what we want to say like, it will keep the sentiment and stay to the stable prices that it has for the past few weeks. Volatile as it is and will remain to be like that but there's this speculation that I've read.

Whenever bitcoin reaches a new all time high, the volatility will become lower and price will become more stable. I just heard it somewhere and that's how some think of what's next for bitcoin. Needless to say, bitcoin won't change as a decentralized crypto and adoption is growing which is favorable for everyone.

the continuation of bitcoin is still a mystery, some experts say that Bitcoin will reach $ 100,000 in the next few years,
but in my opinion it still takes time for that to be achieved

Bitcoin will keep growing against the bubble talk that is going around. Bitcoin has gone ahead critism enough to pull it down but it hasn't gone down. It is going to be here as more hodlers and investors acquire it.

No one knows and the market would really be always like that since we are on a very unpredictable market.We can see some neutral-bullish sentiments as of now but anytime it can turn out the events and would possibly have some price crash which majority doesnt even know on whats the actual reason.We do always rely on technical aspects after all these years which is better than have no analysis at all but doesnt mean these sentiments could give out 100% precision.We do see on how wavy this market is thats why i wont really make or say any words on what would be the next move and im just going with the flow on how the market moves.

These small price movements, does it really matter?
I mean, the market sentiments could shift from good to bad and vice versa, thus giving us hints to speculate on which way Bitcoin goes in the next few hours, days, months, and years. But, in reality, this still remains speculation. What really matters is the adoption for Bitcoin to continue to grow as well as the price value in the long run.
Then I can say, the next thing for Bitcoin is going to be overwhelming.

https://talkimg.com/images/2023/06/12/A5y1H.png


Very general trend line I'd like to see break before calling this current move bearish especially.  We could get a good pullback to 200 day average or even this weekly average, a proper move.  But recently its just been in a loop not doing much, both sellers and buyers finding an amicable agreement in prices around here.
  The recent lows are about the yearly average, if we could trade below that pricing for 4 hours or a day even then we can progress into more shifting medium term picture.  Upwards of course theres the old volume from the last year, slow and steady might get through that.

For ordinary people who own bitcoin wants to see bitcoin price increase higher after the price is down, that is for sure ;D

And that will be the same as what the traders want. They will like to see bitcoin price go up and down many times so they can make a profit from the gap in the price. And now, the price gets a green candle for a moment which can give a chance to the price to increase and break $9,500 even though we don't know if the price can break another high price or not.

But for people who use bitcoin for a long term investment, they will not bother for what next for bitcoin because they don't have a plan to sell the bitcoin in a short time.

Fropm Fear to neutral so maybe we will expect the next is "Better'/ and investors will start purchasing again.

Things will happen positively this next quarter as the virus effect is subsiding now,the market will Light again.

so what is next For Bitcoin?that is Bull Running.

Bitcoin prices rebounded again at $ 9500, very good for the price of Bitcoin can return to this level,
I excpect the price of Bitcoin will increase again to $ 10000  ;D

Let's start speculating about 12k or even 15K which is enough at the moment in my opinion. Since we have strong resistance level at the current price which pushes people to invest now on mid term plans.

My quick advice for everyone; try to look at your higher timeframe on your chart.
It is clearly bullish for Bitcoin in midterm - longterm. One of the reasons why Bitcoin started to pump few days ago I think it is also the monthly close candle. For me, if we will close on monthly candle above $10,000, it is very good news and I am bullish for mid-term.

this IS good for bitcoin and it shows a much healthier market when price is stable like this. it shows bitcoin is going through all different stages of correction, accumulation, rally,... since you can't just expect it to continue to go up every day, that wouldn't be a healthy market at all.

what's next is more sideways for a while until accumulation is finished and then the slower rise to probably test $10k at least twice before breaking it followed by a FOMO and the rally starting.

I don't see the signs of healthier market like you've said. Price is fluctuating all the time and slight corrections are here all the time. Although from time to time seems that price is heading slowly towards 10000$ I think that barrier will be hard to break.Maybe we'll see 10000$ at the end of the June but that will not last for long.
It's hard to envisage what's comming next for Bitcoin, it's a period where all scenarios, good and bad are possible.

We do not have the momentum right now to be 12k or 15k, it looks like price stabilized a bit right now and not doing anything, which means we are going to have harder time to go too high, but what we can achieve is get that momentum, if we can get the momentum the price point of 12k is not too far out for us.

We could do it by first going above 10k, it is very close right now and wouldn't take too much money, when we move above 10k people will realize we are on another bull run and they will get in too, and the sellers will realize they could remove their orders and put it on 12k to sell for higher as well which will make it going there easier. It is not rocket science, we could do it, but it is going to get that first initial increase which requires a ton of money to start, rest is easy.

The next rather for bitcoin is reaching $10k and it it reaches this mark and also holds this price for some time without going back to $9k levels, then we can say that the resistance has been broken successfully and now we are heading towards moon. This price range in which bitcoins is currently present is very critical for the upcoming months of bitcoins, if bitcoins looses grip then we can surely see $5k to$7k range again.

We know the answer, it's volatility makes bitcoin very unpredictable, if we see it pumped and break the $10k resistance, it doesn't mean it will continue to skyrocket, it could still dump and then the hype will be gone. Therefore, just be ready in any situation and make sure you benefit on the price volatility of bitcoin, we have pass the bull run and that time it wakens up the mind of the people and draw some doubts to them, so they will not just easily get FOMOd even if bitcoin will have a significant increase.

As I was saying, be ready and try to benefit on its volatility by learning short term trading.

This could be the price topping out but I'm waiting to see where the low for this first 12 hours of 1st June is going to close.  I guess it wont do anything dramatic but could be a bias downwards for this moment, needs to break a trend to move more then a little.

https://talkimg.com/images/2023/06/12/A5fRv.png

Price below 2 day average, lets get a low close below the 28th low to see more then that.

A reset is required for further bullish movement, now we are in a bullish market and we need a correction period cause to accumulate a new higher price we must need to break the downtrend line first, If we can't break the downtrend line, the price can't go above 10,000

https://i.imgur.com/9EEwrtZ.png