Bitcoin Forum

Economy => Speculation => Topic started by: rokon1234 on January 24, 2021, 05:56:45 AM



Title: Do you think the price of Bitcoin will remain stable at this price?
Post by: rokon1234 on January 24, 2021, 05:56:45 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: LogitechMouse on January 24, 2021, 06:03:06 AM
3 Possible Scenarios that might happen in the next days to weeks

1. It may go below $30,000 and stay there for quite some time.
2. It may go above $40,000 and stay there for quite some time.
3. It may move sideways between the $30,000-$40,000 price range like what it did when it went sideways at the $10,000-$11,000 months ago.

You can build a plan base on the 3 scenarios that might happen. Its hard to predict whether it will be stable at that price range.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: amihada on January 24, 2021, 08:19:39 AM
Bitcoin prices are difficult to predict bitcoin prices can change at any time so if you are sure the bitcoin price is going up then all you need to save is to get a big profit, but if you believe the price will go down, you better sell bitcoin now before you lose money depending on your beliefs and read and monitor the market.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Leviathan.007 on January 24, 2021, 09:35:34 AM
Currently due to many factors it's too hard to predict price. But, if you ask me, I would say the price already done the uptrend movement and and we are still on the bull-run. Any uptrend needs a price correction and the price is now at this situation to take a rest and go for the higher prices. In my own idea, the price will stay stable at correct price level for a little or fall a little more and then this can go for the higher target prices to break the ath again.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Natsuu on January 24, 2021, 09:38:26 AM
Predicting future happenings in bitcoins comes down to the faith of the trader itself. Though I personally believe that this price will remain for 2 months, and part of me also believes that it will increase up to 40-50k in these two months. But given the trends that happened these past few days, I would say that it can go up to 29-30 and that would be the lowest.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Oasisman on January 24, 2021, 09:46:51 AM
.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

Why do you think If Btc goes below $30,000 many people will lose money?  That's a very wrong perspective.
Actually that's not automatic. Even if btc falls below $30,000 as long as you don't sell, do you think you'll lose some money?
If you're invested in Bitcoin or other alts, I don't think you have enough idea how to handle your investment. Btc has come a long way. Btc cost only a few cents back in 2010 and with a span of 11 years, here's Bitcoin cost $32,000+ as of today.
All you need to acquire is a long term perspective.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: buwaytress on January 24, 2021, 10:08:36 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

I thought traders love volatility. 5%? 10%? How else would it be possible to scalp on a daily basis and compound bankrolls to achieves 2x, 3x or whatever promise traders make these days?

Price going down doesn't necessarily mean people losing money, by the way. Way more people having Bitcoin now bought it at below 30k anyway. Those buying above can't be selling too much.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: tabas on January 24, 2021, 10:17:52 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
Did you miss it when it went under $30k? a lot have lost because they panic sold at that level, and if they've bought back as it retrieves its price @ $30k, they were a total loss.
$32k and getting back on track to $33k will make everyone buy it again and would think that they've made the wrong decision. It's as usual whenever the market goes in a dip, many panic sellers.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: blckhawk on January 24, 2021, 10:37:30 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
First of all, it's hard to predict whether Bitcoin is going up or going down, and all we can do is to speculate. Currently, we are now hovering around $32k and no one exactly knows if it is going to below 30k or will go up again in 40k. Besides I don't think people will lose their money if it goes below $30k unless they panic and sell on that mark, however, if they hold it for the meantime I think they'll be fine 'cause I don't think whales are planning to make a profit right now. I believe that they will push it even more. That is why if it does go below $30k, you should take the opportunity to buy.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: maydna on January 24, 2021, 10:46:27 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

We already experienced that the bitcoin price was down below $30k a few days ago, and suddenly, the price is back to the high price again. Now, the price is traded at $32,600, and it could go down or up again. You can make a good profit if you already bought bitcoin below $30k, but you can hold for more and sell it when the price can break more than $35k. As long as people can anticipate when the price goes down, they will not get a big loss, but they can buy back bitcoin at a low price. It is possible to make a huge profit, especially if the price can break $40k-$41k, and if the price can start a rally in the next week, it could be a good sign for bitcoin price to break the higher price. So we can wait and see it later.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: cryptoaddictchie on January 24, 2021, 11:00:21 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
No fluctuation helps on gaining profits on taking advantage of the market up and down. Well for some whom knew when to entry and when to exit this is really profitable. I've been seeing a lot of users easily can make money out of altcoins and bitcoin with the volatility. I think  bull market is really that good even not using TA and fundamentals some coins and tokens can really do a good  pump.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: death69 on January 24, 2021, 11:17:52 AM
BItcoin is currently volatile after a long shot and therefore, stability hardly exists in bitcoin. If you want a more stable asset, gold is your perfect choice

If I were you, I would invest my money in bitcoin without hesitation. The price is now around $30000 and it is an affordable price so as for investors to join. Whenever the price is lower, sharks will come in and collect more


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: tranthidung on January 24, 2021, 11:25:37 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.
Bitcoin might have a slightly stable price in next 7 days before big changes come. You can see it with 1D chart and some indicators.

Also can be seen with BTC.D and OTHERS.D (1D charts). They will stay around their positions in next one week. Altcoin dominance (OTHERS.D) is reaching the resistance and Bitcoin dominanc is almost at its good support. Altcoin dominance can increase more before get a pull back but a slightly stable price of bitcoin is enough for them to take off.

Other indicators show they might remain above upper band or lower than lower band for a while (up to around 7 days) till the end of January or very early days of February.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: FIFA worldcup on January 24, 2021, 11:27:39 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

Bitcoin is moving within a descending triangle and this is a bearish pattern. The more probabilities is that bitcoin will move down from these levels and may break the 30K support level. But i cannot say this with surety as we are in bull market so we can also pump up from these levels also.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: irixo10 on January 24, 2021, 11:40:45 AM
If the price of Bitcoin is stable, how can you make profit? Take a look at stablecoins, does holding them bring any profit? I think not, therefore in order to make profit from Bitcoin, it needs not to be stable, you can be a long term holder, short term holder or a trader. Also, there is no way to ascertain if the price of Bitcoin will continue to fluctuate within that price or not, because the entire market can't be predicted, and since it can't be predicted there is no way to know how low it will go or how high it will go; therefore if you want to invest, invest with a fund you can afford to lose such that if the price goes lower, you will not be disturbed and if you are ready for long term, then decide when to buy because Bitcoin has shown again that long term holders always wins.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Clark05 on January 24, 2021, 11:41:49 AM
We can maintain this price more than 30k dollars of people are keeping investing and holding but sad to say many of them now are selling the bitcoin so price is dump ans the pumping is hard to process because of that. Maintaining price is easy if we are united as one to hold it and believe to the bitcoin that it can increase more and we can make a new ATH this year don't lost this opportunity because it's takes year to us or we wait longer to achieve again bull run so it's not good if we dump it easily we need to maintain the value so we can earn more profit.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: freedomgo on January 24, 2021, 11:45:38 AM
No, bitcoin has not been stable yet though we can see that institutional investors are already investing.
The norm of bitcoin is its volatility, and I don't think it will be stable anytime soon.

At the current price, you can always think the possibilities that it will pump or dump.

Bitcoin could reach $100k or drop $10k, anything is possible, as to chances, it's hard to gauge it honestly.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Marvelman on January 24, 2021, 11:58:29 AM
I believe the price will remain stable. This moment, it was about $34,000 but by the end of this year, I think it will be $50,000-$60,000. By 2023, I can easily imagine it to be $100,000. However, as a small investor, it is still worth it to buy Bitcoin because it does have much potential to grow.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: jasonjm on January 24, 2021, 12:01:40 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

At the moment there are chances that the price might dip a bit to retain the bullish momentum. It is possible that the price might hit $50k at the end of 2021 or early 2022. No one at the moment can predict with 100% accuracy about the coming market trend as new trends are forming which are different from existed trends.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: DapanasFruit on January 24, 2021, 12:10:51 PM


Nobody can be certain as to which Bitcoin will really go -- up or down especially as we are heading towards the end of January. There remains that fear among many that after the bull run there can be a crypto winter. We are hoping that it will not happen as many can be discouraged after tasting its rise as we recently experienced. Hopefully, the influx of institutional money will never stop coming in for Bitcoin which is now getting a name as a digital gold. As of the moment, all we can do is hope.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: roadrunnerjaiv2025 on January 24, 2021, 01:07:05 PM
Even with indicators, no one can tell with absolute certainty what's going to happen. But like any other currency or asset, bitcoin's price action is primarily influenced by people's sentiments, especially since the global economy doesn't affect its value much. We've seen confidence in BTC rise dramatically over the last three months. If we keep it that way, we keep BTC's price stay within its current ATL-ATH range. So, it's basically up to us, the miners, and the large institutions that hold most of the existing BTC.   


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: eaLiTy on January 24, 2021, 01:08:34 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.
To coin BTCitcoin as a fluctuating and stable currency in one sentence is interesting  :D. You cannot predict how the market will move going forward, we might see a correction before another rally and it might even breach the current support but we might see another rally before the end of this year and a major factor goes to how the Biden government is planning to regulate the market.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: kentrolla on January 24, 2021, 01:49:56 PM
We are experiencing ups and downs from past one week as the fluctuations are really good and I guess the price will go down slowly from now because the trend is reversing which can possibly end up in down trend and I believe BTC will never entertain stability because that's how it became popular ;)

There are temporary corrections but it's impossible to see stability in Crypto market and this rarely happens only if the price goes down.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: BrewMaster on January 24, 2021, 01:49:58 PM
a lot of whales have been trying to push the price below $30k for over a week now and have been failing so far. you should know that doing that costs them a lot of money so they are losing money by going against the market.
if the support holds, they soon will run out of money and can no longer manipulate the market. additionally the FUD effects have also diminished while all the misleading information is being debunked and also the weak hands run out of bitcoins to panic dump.
all that means that we can stay in this price for some time before we see another big rise.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Ultegra134 on January 24, 2021, 02:40:17 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
Nope, won't ever happen, right now, it has stabilized at approximately $32.000, and it has been like that for at least 3 days if I am not mistaken. There are two scenarios, it will either crash real bad, or it will skyrocket, reaching previous price levels again. I really do hope it's the latter, I've bought some BTC and this situation is quite anxious to say the least.

Patience..


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: budi691 on January 24, 2021, 03:10:47 PM
no need to be afraid of losing a lot of money when Bitcoin drops below $ 30K again, because this is only temporary and will bounce back and will be over $ 40k,
and won't be long at $ 30K, Bitcoin's uptrend will continue in early February or late January,


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: qwertyup23 on January 24, 2021, 03:17:19 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

I remember back in 2018, prices of bitcoin were stable around $4,000-$4,500 and that price stayed for months. After the last quarter of that year, its price significantly jumped and skyrocketed from $4,000 to $20,000 but its price dropped significantly after such increase.

I do have a feeling that the price of bitcoin will become stable at this range. One of the possibilities would be that this will be the new price floor as it may increase further in the few months to come. Hence, I highly advise to HODL and to sell at ATH for maximum profit.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: seramania on January 24, 2021, 03:21:28 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
I see maybe when bitcoin correction can be below $ 30k it is natural. but if bitcoin has undergone a correction the price can go up many times it could reach the price of $ 50k I think. because this is a reasonable correction that occurs from bitcoin where bitcoin fluctuation is very large


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: kramat on January 24, 2021, 03:26:18 PM
Bitcoin price is not stable. Bitcoin is any time to change the price. So it not easy to guess the price. check the market price day by day. Then you know about the price. Time to invest the bitcoin. Price will be low that time invest the bitcoin. Bitcoin price is not stable one


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Kupid002 on January 24, 2021, 04:18:21 PM
no need to be afraid of losing a lot of money when Bitcoin drops below $ 30K again, because this is only temporary and will bounce back and will be over $ 40k,
and won't be long at $ 30K, Bitcoin's uptrend will continue in early February or late January,
.
I also have the same opinion we will have a big market movement this year if we will base in the daily volume given to each crypto currency mostly those in the top100. I expect more pump than dump this year I'm still positive that the price will be more than 100k$ per BTC before the years ends.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: FlightyPouch on January 24, 2021, 04:24:14 PM
A lot of possibilities since the market is unpredictable to start with. The price is staying inside $30K and even if it falls below $30K, I think it will still just go back to what we have right now, it will just go back to $30K and it might go higher than the new ATH that we have this year. $50K now is the new goal and I think it is so close.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Yatsan on January 24, 2021, 04:27:01 PM
Anything can be possible overtime. No one will totally no the exact happenings to come for we might just get surprise of either a pump or a dump or sudden stability for a while. But either way, we must just see to it that we are ready to adapt om whatever changes will happen for the fact that upon engaging into Bitcoin, we know that its price is volatile and it can go into any direction. No matter what happen into the price of Bitcoin, do not get afraid for there is always some sort of opportunities that can be seen in the highs and lows of its price. It is just into your perspective and the way you deal with things to still get into your side. It is a matter of patience and mindset to deal on unknown possibilities that may happen.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Karartma1 on January 24, 2021, 04:28:51 PM
I don't think the price will remain stable, primarily because there's never been such a thing as being stable when referring to the bitcoin price. If it will keep oscillating peacefully (doing sideways) expect some few shitcoins perform better against bitcoin (and then remember that if btc starts again they will be crushed again). Play yor game. I'm only stacking sats.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: januszzbych on January 24, 2021, 04:33:55 PM
For me when I read yesterday JP Morgan is interested in bitcoin I was thinking now its the end of BTC like we know it, I think price will drop, but its only what I`m think nothing else ;)


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: sapnu on January 24, 2021, 04:42:44 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
One thing's for sure. People are surely hoping the value would go above $40k since lots of them are still holding but there are few hoping it would drop once again so that they can buy and hold while waiting for the next bull run which can potentially be higher than the all time high at the moment. We cannot say yet what could happen with bitcoin, the value is still too volatile. Maybe it would work if we would read the price movement and keep on monitoring the price change. By that, we may know what's the best course of action we can do.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: gurunanakji777 on January 24, 2021, 04:50:55 PM
Bitcoin has never been stable to date as we all know its a highly volatile cryptocurrency. At the current price 4000-5000$ movement to any side is normal for me. Impatient holders will lose money if they sell if it drops further but I must say Btc is in good momentum chances of rising is higher than a drop. Profit depends on how much patience you have.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: xcaret on January 24, 2021, 05:46:20 PM
I think the ride to the bottom has started. With world governments scheming to end it's existence , It is only a matter of time .

The time of no return, alas
is close at hand, stay cool.
Be sure the towel is on the rack,
And paper on the stool. 


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Issa56 on January 24, 2021, 05:51:49 PM
From the little experience am having from cryptocurrency I don't think price of bitcoin will stable there there are two thing's that can happen currently bitcoin might dump or bitcoin might pump. But currently am thinking bitcoin will dip first before pumping and the target might be $50k. I will advise everyone to calm down and study it first.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: cheezcarls on January 24, 2021, 06:13:51 PM
There are no guarantees. Despite that there are some technical analysts there who are making their own predictions, it's just a prediction and we are not sure if BTC stays that way because the market was played by buyers and sellers from around the globe. There is no "safe" zone here, just risk management of course.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: doctor877 on January 24, 2021, 07:19:37 PM
Price stability is something that happens and dosent last, it's just for a while, at this time it gathering energy to either move up or down. The stability dosent mean the price will remain stagnant but price increase and decrease will be low. But most times when Bitcoin tries to break a certain price for many times it usually dips and later move up.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: datamining on January 24, 2021, 07:25:16 PM
From the little experience am having from cryptocurrency I don't think price of bitcoin will stable there there are two thing's that can happen currently bitcoin might dump or bitcoin might pump. But currently am thinking bitcoin will dip first before pumping and the target might be $50k. I will advise everyone to calm down and study it first.

In what period of time?

Next days maybe 1-2 weeks btc might behave "stable" ;-)


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Wysi on January 24, 2021, 07:38:11 PM
There are two possibilities either the Bitcoin will cross $40k or even $50k or it may go below $25k as well. But when it will happen always remains uncertain but if we look at current situation wherein institutions are investing into bitcoin it will not go below $25k which leaves option of bitcoin crossing $40k once again has higer possibilities. This stability or fixed boundary will end soon I don't think ther would ever be any stability.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: veznata on January 24, 2021, 07:40:22 PM
possible scenarios?
1) since 20-30% dips are normal then staying steadily around 30-32K is a very good sign from what we learned from the past.
this is 50% higher than previous ATH. from here we can easily hit 50-100K in quater3 or 4 this year.
2) we already hit the ATH for this bullrun and will continue to run down to 10K.
I would put all my money on option 1) so just HOLD for some more time.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: goldade on January 24, 2021, 08:02:49 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?


Just like you and many before me have stated, there are only three possible scenarios that can happen.
It either becomes relatively stable around this price or it falls below $30k (possibly some will lose money, but some will also see it as a good time to buy) or it goes above $40k ( which gives huge profit for those that bought when its price was still low)
However, you should know that the only thing we are all sure of is that there are three possibilities that can happen. No one knows for sure what will happen to the price of bitcoin or when exactly this will happen.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Asuspawer09 on January 24, 2021, 08:16:28 PM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

Probably 20-30k$ was still possible especially because of the correction in the market, and at the same time bitcoin is already in the bubble meaning at any time market could go down. Still in my opinion bitcoin has a solid demand and a limited supply in the market so for sure it will not be a problem buying or holding bitcoin at 30k$ market price.

If you buy bitcoin at this moment the profit was already huge and the possibility of reaching up to a 100k$ soon was there. We know how the bitcoin market price could increase in the past month it will not be a problem reaching a higher than the last ATH if your gonna hold for long term.

Because of the recent hype i dont think it could reach lower than 20k$ in the market anymore since investors are surely going to reinvest again if they see this opportunity.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: dimonstration on January 24, 2021, 08:22:35 PM
Price stability is something that happens and dosent last, it's just for a while, at this time it gathering energy to either move up or down. The stability dosent mean the price will remain stagnant but price increase and decrease will be low. But most times when Bitcoin tries to break a certain price for many times it usually dips and later move up.
We're on a volatility market, as much as possible I don't be too confident whenever the price stay in a certain range for long since we don't know whether its time to sell or point to acquire more for the pump there might be something that will happen and we hope it's an increase but we still need to be updated.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: ethereumhunter on January 25, 2021, 10:25:56 AM
For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

The price looks stable now because the price does not increase so high or decrease so low. And I think we can enjoy this moment to buy low and sell high, which can give us a profit, although the profit itself will not be too big. But I am sure that sooner or later, the bitcoin price will start the rally and will be back to $40k and it will break the high price.

This year, we will have a chance to see the next ATH after $41k, and the opportunity to see that will be wide open. So if you want to make a big profit, you should prepare from now on and not be late to buy bitcoin while the price is still low. You should be ready if the price is down this week because there is no guarantee for the price to stay stable as now, and the price will be up and down many times.


Title: Re: Do you think the price of Bitcoin will remain stable at this price?
Post by: Question123 on January 25, 2021, 10:32:52 AM
It is one of the hardest to do is to maintain the value because other people are selling their bitcoin now because they are scared to see the price of the bitcoin to dump. I would not say that you really needed to do hold forever but if majority of us are consistent holding and buying bitcoin and once price goes higher we will be gets from sacrifice that will do and it will have good result..