Bitcoin Forum

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

Buy on momentum into the rise is a trading tactic sure but its also hard to judge if the strategy is purely to surf that wave of buying.   Surely all prices are tested at some point and that can be quite severe if there is alot of froth occurring from rapid movements.


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

Heres the prior movement to the rapid move we've just seen.   The base line and mid way is somewhere it should stay above at least to remain bullish in any pull back and 58k is weekly average also quite key

As most people said in April, bitcoin will show a new ATH and it looks like bitcoin increase is also bringing altcoins up from their previous price.
It looks like bitcoin price will continue to increase gradually towards the new ATH for the next ATH, and there is a lot of good news that could influence bitcoin to continue to increase, and I am very optimistic that the $ 100K price will happen in the next few months and even exceed that price.

LOL. Of course it's not the end. If you think long-term, it is always a good time to get in. Bitcoin has a long way to go. But I see that you trade short-term because you say you shorted Bitcoin. I prefer to just buy and hold (with DCA). It's already profitable enough. I don't want to increase the risk by playing roulette.

I'm pretty sure many people or I should say newbie investors will agree on it as they are very bullish right now. Include also the fact that many of these so-called analysts are predicting this year that we might see Bitcoin to $100,000 or even higher. As for me, I'm very optimistic and very bullish with regards to the market right now but I'm believing more with the market cycles than these prediction and everything. We might see crypto go even higher throughout the whole 2021 but for me, I would be happy to take profits throughout the whole year with keeping some of my Bitcoins. After all, I'm happy with the profits that I have right now.

With the current price right now, I don't think so. $60,000 is considered a resistance right now and I don't want to enter in a resistance level. Short term or long term, it would be better if you enter at supports not at resistances.

Majority of these "experts" predictors really see $100k at the end of the year or at least this is doable. The current lowest low is around $56k this month, and then after that we have been trading sideways, or a period of accumulation. So that's a sign that we might see the price really reaching all time high for this month. Probably $70k for this month.


Probably is, but for majority the price is too expensive, might as well be just stacking sats through DCA.

I thought it would happen last weekend but it's here now. Still have to see if we can keep above this level for a full 24 or 48 hours and survive all the scalping but it does look like it's a bit stronger than last Sunday.

Now it will be bargain hunting for otcs looking for big buys at this level. Can't wait for Monday. Fun times ahead.

It's still is, the projected price is over $100k so $60k is still a good price to get in, if you just got money now and the price is at $60k level, I don't recommends to wait for another dip because that may not happen, I have past experiences where I have to wait for the price to dip only to end up buying at 20% higher, you should be buying when you have the funds and ready.

Now i can laugh back again after reading some stupid stuff about Bear market and Bitcoin's gonna fall down again badly.

I remember debating couple of times against FUDder here in forum and also outside this forum .

But now at last i can turn back to them  ;D


Congrats to those who Keeps Holding , And Sorry for those weak Hands.

We shouldn't forget that weekends are always not too good for bitcoin pump than the week-days, so, there are more momentum for this pump to resurface sometime next week-days IMO, but if it happen otherwise then the month of April will be the most bullish month were we are likely to see some higher figures if not tick the price of $100k. Let wait and watch the next weekdays.

Me too, especially with the long week-end in some countries.
But it's not too late ;D And let's see if the ATH will also hold.

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

The volume is on the lowest lows since the start of this bull run, which might mean that a huge price action is coming, and with the momentum that we see now, it's likely the push towards $70k that will be coming in the next few days.


Coin outflows isn't a perfect indicator though, and this range around $60k has been a big point of resistance for quite some time already, so it's not that strange that fluctuations happen around it.

After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.

It only shows that bitcoin was very unpredictable and our technical analysis wasn't always right. I do believe that everyone also hope for a price correction of bitcoin to be able to take advantage to buy but no one hopes that this price correction may took too long to recover. But then what the bitcoin market have shown us now I guess we are now welcoming another ATH this month and I think like what the month of March, bitcoin market price within a whole month will be plays in the range of $60k i hope.

Anytime is the right time to get in the market, you can wait all you want but if the market continues to increase then you are just losing more bitcoin that you could have bought, and if the prices were to go down who knows that it is the lowest because we will know about it when it finally passes so with this uncertainties surrounding the market, waiting for the perfect moment isn't going to be good for you.

It works in both way. Imagine, you are entering into the 1st support, for example, @$54000, it can go in other direction too. Instead of rising, we may have to look for the next support.
On the other hand, if resistance is broken, there’s chance that it may go higher, so, that's a good point to take entry too.

Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900.

I don't think though that we are going to see a stable price of $60k, it's either to and continue to rally to $65k or we will see a slid again to a support of like $57k. So there's a lot of time to go and buy for long term. Hard to short at this kind of rally as obviously, shorting will get you rekt.

Yes, it did reach $ 61k in some exchanges. The top price on Bitfinex and Bitstamp was just over $ 61,200 as far as I could see but it didn’t last for long.

So this rally is not solid yet. If bitcoin doesn't reach $65k today, it's possible the rally will come to an end.

What?? Haha  of course its not the end. Nobody serious into bitcoin thought that was the end. I dont know why people get so hyped up about predicting a bear market constantly. Everything that has been going on suggests this is the beginning of the bull market. Any one with cash sitting around should have been DCAing in during these whole last two months of $40,000s and $50,000s ranging. Some people seem to really not understand whats happening here. $50k or $60k is nothing.

If you're a hodler you haven't once thought of selling yet. Getting in at $50k or $60k or $100k or $150k means youre a bitcoin early adopter. Thinking about selling at $60k means you want to get out before things start getting interesting. As a bitcoiner the only thing you should be thinking about now is that you need to keep stacking sats now that the world is just barely starting to take bitcoin seriously. Five figure prices will not last long. Six figure prices should last a good number of years but that is still a transition stage. 7 figure prices (over $1 million) is when bitcoin price is maturing. As a hodler thats what you're waiting for to start spending your bitcoin. Personally I plan on allowing about 10% of my bitcoin to be spent well up in the 6 digits, and the other 90% probably wont be even touched until bitcoin is at 7 digits. Because at that point even very large purchases take only a tiny fraction of a bitcoin.

Anyone who is worried about current prices needs to stop having a short term mentality and start thinking about bitoin long term. So no, this isnt the end, this is the beginning.

It will always be. I believe it is not the end of the run, in fact, Bitcoin is expected to show good movement this April and it does. Finally, after a couple of weeks of resistance around $57k-$59k is now broken reaching a new ATH is bound to happen any moment.  A lot of people also believed that Bitcoin would reach the $100k mark and I think it is possible because there are still few institutions are accumulating, this will push Bitcoin at the top so keep holding your stash it will surely be rewarding.

The bullish movement occurred, perhaps now they are testing the supply at these price levels, the bears these movements are making the bears very expensive.


https://i.imgur.com/FPSK1YA.png

https://i.imgur.com/T2G8eNg.png
Source: https://www.coininsider.com/bullish-move-bitcoin-price-spikes-above-60000-usd/ (https://www.coininsider.com/bullish-move-bitcoin-price-spikes-above-60000-usd/)

Even so, the hopes that Bitcoin will be bullish in the short term, and that a sustained bullish rally may be triggered, that is, it is very likely that this time the bullish trend will last much longer, it may be about to live new highs.

Is this something new, unexpected? I don't know if anyone counts how many times the price crossed $60k and bounced back (5-6 times since the beginning of the year?), and maybe the same thing will happen a few more times, who knows... It's really unusual for me that you mention some end, and in fact we just came out of Q1, which will be remembered for the fact that the big players started to invest seriously in BTC - luckily for all of us it took them 10 years to figure it out :D


It's always a good time in the long run, and I'll say it may not be the best for those who dream of making x10 returns on their investment - although some are talking about $400k and even more by the end of this year. The ideal time to invest is always before halving, because it is followed, as a rule (for now) by a very successful period lasting from 1 to 1.5 years.

The problem for most crypto investors is that they only want a quick profit, look for opportunities in altcoins and very easily fall under the influence of FUD. What else can I tell you except to learn from the past, if you do not want to repeat the mistakes of those investors from 2017/18.

Before the end of the year, it is not too late to get in so as not to miss the train. If you look at $ 60k today, then at the end of the year you will see $ 100k. Even analytics experts predict over $ 150k. Although I am not very sure about their predictions, however, I still believe that by the end of the year it will touch $ 100K.

I would not normally say this when bitcoin (or any other asset) is at its all-time high, but I actually do think now would be a good time to be buying bitcoin.  Why?  Because I don't think the big bull market we've been in for a year is anywhere near over yet.  I'm not sure how much profit there is left to be made for short-term traders, but I think bitcoin is eventually going to go much higher--probably $100k, although I wouldn't venture to guess the time frame in which that's going to happen.

I was a little bit surprised when I woke up and checked the price and saw bitcoin was above $60k.  I guess I shouldn't have been, since it wasn't that far away when I went to bed, but I figured that it might linger in a tight range below $60k for a while before going higher.  So once again my predictions mean nothing.  Pretty sweet!

If people really confident about next bull run in bitcoin price, i think it is worth to buy it. I mean, for me maybe this price is already high, so to buy again i will think twice or maybe just hold what i already have. Because i can't make any analysis and only know buy and sell my bitcoin when it is profitable to me.

Surely every month bitcoin will experience a good increase, this shows that ATH will continue to be achieved as high as it is because from the beginning of this year bitcoin has experienced an idealistic development even though there are often obstacles to the resistance shown.

Well, it will very likely see the Q1 has hit 60k so the grip should be tight with a lot more benefits with considerable potential I think its holding time is longer with maximum length.

Have seen many important people, it can be said that with predictions above 100k, maybe this will be a real sign? If we are sure do it with a firm grip.

Actually every time is preferable for bitcoin. If we avoid now then we will suffer later. We are still waiting for $100k mark and I think it is not far away if we support bitcoin by holding. It is open to enter the market for anyone whatever the price is.

https://talkimg.com/images/2023/06/12/AVBW3.png

This is a pullback to 50% retracement of the move so far so relatively bullish still with profit taking.    Takes a while for price action to digest whats occurred and we'll see how strong it is vs daily bars and weekly which are the real measure of larger money, main markets etc.

The bullish trend is still ongoing. After being stuck and drop for several moments finally BTC could reach its higher rate again. Although it is lite bit decreasing right now (at this time $59,685.69), I am pretty sure that it will rise back again.
I personally always take profits of several percentage increase from Bitcoin .. .  :D

Whenever you invest something all you need to know is that you cannot trust these analysis over a period of time and anyone can predict a valuation for the long term and even you can do that and have a time stamp and later on you can also claim that you predicted those valuations well before it touched those. The fact is that we are not having that much data available to make a huge data on the market as it is still fairly new.

By the way the market might rally further but i am not comfortable in investing right now and i would rather wait for a year to see the market direction as the market cannot keeps on rising all the time.

Since bitcoin price touched $62.000 as its new all time high we haven't seen a huge decrease from its price movement. The market movement just make a sideaway market and I have ever made a wrong prediction that the sideaway market will be more impartial to bearish market but I was wrong.

In fact, bitcoin is increasing again and now its price has touching $60.000 again. And yeah, as many people hope and some expert prediction as well bitcoin price movement could reach to $100.000. This is the next all time high that could be reached. And I guess $100.000 can be reached at this year since we still in the same situation when bitcoin price started increase.

There is a strong resistance on $60k mark or level which you can really expect that there would be some rejection or sell off into this level where we do most likely to have pullbacks or correction.

Try to look on the current price which we do play around 59k.If this price would able to held up for sometime then breaking or trying to breached out that 60k is likely to happen and might

shoot up to 70k.Lets not think about $100k mark or more, it would be much more better and preferred if we do assume up on on gradual phase than on big jumps.

I don't see this current bull run taking any bow throughout this year and there is no time that is too late to get in as long it is not capital needed for the next 2 years. We are still in the early stage

From my point of view, there is no right or wrong time to get in. As long as you will sell your coins higher than what you bought, you're all good. And with this current performance, I believe, bitcoin has still a lot in store for us. Just need to assess your timeline here, are you for long term or short term investments? How long can you hold your coins?

Yes, it is. In Binance, if I am not mistaken, it reaches $61,900 almost $62k. In Bittrex, the bitcoin price reaches $61,304. I do not know how much bitcoin price in other exchanges because we have many crypto exchanges and I am sure every exchange will have the highest price.

It will stable for a while in the current price or lower or higher but it will soon continue the rally to $65k. I think from now on, the price will start to increase slowly and stable, but we will see it later.

We saw some pull back on the price of BTC because of some rumors about how long the growth rate will last after reaching the new resistance.. Ppl actually scared to stay , but it was a false speculation and look at it now which is exceeded on the predicted value..

 Of course it will not the end just like that, infact if we will focus long term investment in it for sure there's a big return as its keeps improving and always make a new ATH every year..  But just always remember to invest what amount you can afford to lose in order to have peace of mind..  :D

There is no doubt that we are currently at the very early stages of the bull run and in fact when price is acting like this with a lot of pull backs behind an arbitrary resistance level (ie. $60k) while the trend is an accumulation trend, it proves that we are in the early stages of the bull run.

Other than that checking the history shows that price should reach at least $400k to be the same size as previous cycles, not to mention that each cycle grows in magnitude so price should technically go higher that that too.
Also seeing the adoption and how it has been growing over the past few months is another indication of the early stages of the bull run.

... and yet people panic sell :D

I almost forgot about the long weekend! Wonder if that had anything to do with it (not that holidays ever do, but you know when US and Europe sleep, the market kind of does too).

Looking better with every passing hour, but at the moment it's alts that are really moving strong in this current (especially the one I can't really bring myself to say that rhymes with "defy" heh.

Apparently miner outgoing flows also thinning so maybe it's all converging together right now!

Even if you don't make a reference to @100trillion's twitter post, you could still foresee that the future of Bitcoin is still a lot bigger. You can easily do a rough math about the situation of Bitcoin right now, its growth pace, and the potential future it will have.

The world is not yet on Bitcoin really. It is not even 20% of the world's population yet who are into Bitcoin. And if you see that large institutions are already getting in, there's no reason the people won't do the same. We are still considered the pioneers and $60,000 Bitcoin is still very cheap.

Yes, and I'm quite confident with that. Those predictions who says that Bitcoin is still at the early stage bullrun might be correct. If you notice, Btc didn't even touched below the strong support, instead it was stabilizing around $55,000 lately. We still have tons of positive news. Institutions still coming in to the market, companies and local governments are gradually accepting Bitcoin as a salary and payment for service.
So, with this news alone I could tell Bitcoin is heading to a 6 digit figure.

I am also hoping the new ATH will be like this. Bitcoin dominance would stabilize below 56 while the price slowly going up so altcoins can keep up their pace too. This would benefit everyone even if you are a bitcoin maximalist or alts. $100k is really possible but the question is how big will the correction be like before it reaches that price? If $70k is the next target for the ATH, would it have a correction like 30% or maybe even more when ghost month happens.

I guess if you think that bitcoin is nearing the end, that means you should not be in this at all. I have seen so many things in crypto that I can't really end up caring about this all the time, I am really way too busy to think about all the drops bitcoin has.

We had a 58k to 43k drop just like last month or month before that I forgot when it was but that wasn't the end, we broke over 60k after that, so if people think that this small tiny drop was the end, they are really losing it. I think people who trade bitcoin or an investor you should be going strong and not really care about what is going daily, there is really way too much volatility to make you crazy.

Here we go again, we are at $60k but bitcoin still not breaking out.. What stopping bitcoin from breaking out? why is sti everytime bitcoin reach $60k it dump back below $60k.. I thought we are already at the bull run, so we should see a higher price.

I never stop believing that Bitcoin will break 60k again and yeah it does but the problem is the value goes ups and down up to now, it cannot even sustain the 60k instead falling back to 58-59k once in a while.
But what I am looking is altcoin in which gaining capitalization this past week.
Obvious mate, it is the altcoin pumping , XRP has 127% increase in the last 7 days, Binance has 34% and the rest of the gang while Bitcoin only gains 2%.

I am sure bitcoin will break and back $60k. Maybe bitcoin gives the altcoin time to increase because we now see many altcoins trying to lift the price and break the high price shortly. After the altcoin times, that will be the time for bitcoin to back to increase. And in that time, maybe bitcoin will back to $60k and still increase, so wait and see.

I think people are always scared when it comes to retail buyers/speculators who have no intention of holding and are just storing their BTC on exchanges like Binance. They're always putting and adjusting their sell prices for sure, and some of them panic when 60k is not being broken, that's all.

Maybe this is it after all but that's okay for us who'll be here in 2025;)

And more often these people will go into panic selling and FOMO buying.

But to understand that they are also a trader, so they will usually make an adjustment as that the only way, every step-up and step-down of the prices gives an opportunity to gain profit. So I can't blame them for doing this because that is how the trading works. We can never expect them to hold longer but they mostly come along with the trend and immediately sell their coins when seeing some profit.

Only investors will think and hoping that Bitcoin will reach $60k, $80k, or $100k. And not all of us here are investors.

Personally (not based on any of technical) I expect bitcoin prices to double in coming 2-3 months. I agree $100 mark would be the next target (most probably we may see another pullback around $80k levels but it may not sustain for long) but with next bull run toward $100k levels will last up to $120k levels but it will most probabaly happen within the second quarter of 2021.

No, I agree not all the people here are investors but if you look into the percentage then investors must be dominating. In my personal experience regardless of your are an investor or trader, always watching about bitcoin markets reaching some peaks as it will be more an important factor for timely decision making hence I believe everyone is bothering all these upcoming ATHs.

Long-term holders do not really care about the big correction, even if it is altcoin or bitcoin. Day traders or panic sellers are the ones who most affected by such correction. Correction is likely to 20% but I suspect that 30% correction is possible. The higher the price of bitcoin, the bigger the correction will be. So I will try to sell my coins at the next ATH and wait for the big correction for accumulation.  

The indicators have pointed that the uptrend is still controlling the market and therefore, buying is the better option than selling. I will wait for more information in order to see whether the trend will reverse or not. I believe that bitcoin will change its state from buying to selling around the first term of 2022. But that is just my subjective prediction. Bitcoin has already grown more than 18000% from $3500

If the target is $100k then $59k-$60k is a good price to get in. There will be some doubts that it could go higher if people think that $61k was the top that bitcoin can ever reach. But if we compare to the other past levels that we've met.

We've thought of the same thing that it was the peak that bitcoin can do. The market has just reached $2T in the market cap itself and this is just another milestone that shows that we're on the train that's not going to stop anytime soon.

It's not that simple, Bitcoin market is a complex mechanism and it's not functioning according to our wishes. I know that it looks easy for Bitcoin price to breach any boundary so once it reached one level why not get to another but that would mean that price can rise limitless and we all know it isn't so. In fact by now I expected sone bigger, although short term corrections, to happen. Anyway, patience is crucial as well as predictions of market behaviour.

I can't talk about global prospects, but given how governments flood all markets with liquidity, we can assume that everything will continue to grow (both bitcoin and the stock market). One has only to remember that sooner or later the reverse phase of this phenomenon will come and at this moment all markets will fall.  A real hodler can just wait it out, but the ideal version of which all investors want is to sell at the maximum price and then buy it back cheaper.

At this point it should be obvious that there is nothing that can stop bitcoin, the bears have tried by all means possible to try to make the price of bitcoin to fall below 50k and they failed, now they are running out of money and the price is still very close to the 60k level, miners are still accumulating their coins at an even higher rate, institutional investors are still buying some bitcoin and governments are still in a really bad shape because of the pandemic.

Every single indicator that you may want to look at is pointing at a one single direction and that is for the price of bitcoin to go up, if anything I think your expectation that bitcoin is going to reach 100k soon is kind of low because bitcoin can go a lot higher in the short term.

Let's not celebrate early, we might not be certain if the price would remain consistent this month because volatility still existed. The price indeed spoke at $62k but quickly goes down after, so it's not guaranteed to get in while it was still so high for now. Maybe patience is our key for a meanwhile, wait until $50k down to $40k is visible them buying back would be a good options to do so.

Yes, there is indeed a sell order into those levels which is expected that lots of people had entered below 55k price which its already anticipated.

For now, for we do able to break these resistance we do really need some sort of bullish news or events of recognition or adoption so that the price will shoot up into those new highs.

Thing here is that we dont hope that much or expect because it will just frustrate us.Better to ride with those waves and actively buy and sell.

Your title is not the end, Really who says it's the end?? You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year, so you should stop to become panic and weak. You should strong and buy Bitcoin and altcoin as much as you can, I see a lot of correction of Bitcoin but I never say it's the end

I do agree that 100k will be the next target but I do not believe that it will happen as soon as people hope it will be. There are people who think 100k will happen this month for example, because April is usually a great month for bitcoin, but the reality is that it has already gone up so much that it may fail to go up that much again, on previous years April was great because February and march wasn't always this great, this year February and march has been amazing and that is why April may not be that great.

I still believe that we will see an increase this month, and I still believe that we will see 100k in the future, I just think that it will not be this month. And there are waaaay too many people in the crypto world, we used to be a niche thing and now we are a very global mainstream thing, that is going to impact the prices even further later on.

Another bounce is happening right now and Bitcoin value is once agin above $60K, you should stop panicking if

you don't want to missed your opportunities and also not lose your money, buy and collect those coins that you

think may have a good potentials together with your Bitcoin investment. Lots of oppotunities just asess and make

sure to keep your patience high.

Panic selling and Fomo buying are together the entire basis of 99% of crypto markets history I would say! Even for Bitcoin in the beginning and until recently it was heavily affected by retail panic/fomo. Now institutions are in the same game I guess BTC is less fragile and less inflexible when it comes to that sort of spike but still, watch daily charts and see how easy it is for prices to just jump up or fall down. Fomo is still a very powerful factor:)

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

What about other altcoins ? does the chance of climbing will be in topic once Bitcoin did not break that ATH?

Are you reading and understand the topic?
HISTORY? what history? and who told you that Bullrun will continuously this year?
Stupid Noob, did OP show some weakness and Panicking? OP is Boosting bitcoin supporter .

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

Despite of those predictions about Bitcoin being on a consolidation mode and altcoin season will take place, Bitcoin still prove to us that he's the king and he can dictate the price of the market at an instant so I this is not the end yet because the bull run will continues same thing with the altcoins. We have no reason to panic, the market is still good but we have to be always ready for the corrections, because it can't be stop.

You're actually right with the growth for both markets and just recently there's a record high for both of them. For stocks, it has reached a $90-T market cap. Whilst for crypto, $2T for its entire market cap.

I'm preparing myself if ever that time comes that this high would stop and a massive correction would come. But from the looks of itself, that doesn't look happening anytime soon but if it will do, another time to endure all of the red days again in the market and time to stack some more sats.

You cant say that it is already the new support line basing of on the movement that it could still go below $60k but somewhat it doesn't able to go dip down that much
and do only hover in small gaps in 60k price point which I do somewhat agree for this possible next support.

For now lets wait for some breakout on 60k price and hover in 65k level to call it the new floor but for now the price seems a bit stabilized with these levels

which is actually a bit hard to make out positions when you do make out short trade.Price could possible correct into this area.

Seeing Bitcoin's performance in recent days which is quite stable at the price of $ 60k, this should be a good sign and the Bitcoin price could
go even higher. I believe that by the end of this month Bitcoin will reach a price of $ 70k, so don't be in a hurry to sell the Bitcoin we have now.
Very sorry if it is true that the price of Bitcoin can go up as predicted by many people and we decided to sell it at the current price.  If we want
to buy Bitcoin now, it doesn't really matter, but it is wiser to buy Bitcoin when the price of Bitcoin is high. This means that buying Bitcoin can be
done in stages, in case the Bitcoin price suddenly falls, even if it is very small it could happen.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

I think it is still a good time to buy some more, for me i see that bitcoin price continue to rise and i believe that 100k$ at the last quarter of the year is posible, so i want to buy more for i believe that i can still earn on the last quarter. But it still depends on the investors if they will trust and buy some or not.

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach.

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach. Like most other people speculate, I am also confident about testing $400k levels before end of this year. If we reach $100 within this April then $400 will be possible before end of this December.

The $70k mark os quite possible as bitcoin is crazily doing an outstanding job right now and as of this moment many user still seeing a good trajectory interms of techinical alayzing for the future price so expect more from it as the target speculater price is $100k until the end of this year so hopefully this one will be achieved since bitcoin will make a noise again in mainstream if this will happen.

We seem to have had a breakout run even before I expected. I hope $60k support line will hold out this time.
I guess the price triggered Coinbas's Public listing, but I don't plan on selling because I don't think it's over yet. Everything looks good for now.

How about the price not staying at $60k? It has move to a new ATH right now, $62k ang probably going strong as the trading starts on North America now. So this is going to be an exciting week for bitcoin traders. Don't short though in this rally, as for sure you will be rekt. So I'm expected a good momentum going to $65k-$70k at the end of the week or in the next 2 weeks or so.

To be fair, I do believe that technical analysis simply looks at market factors, demand and supply and especially this stock to flow model only strictly looks at that.

But other economic factors of course play a part, and this will only help this model to become reality (when fiat value becomes low and people move to Bitcoin for example).

I might say the same. Too early to go short. I can see the price keeps pushing beyond $62,000.
This might push beyond $65,000 or not more than $70,000. So, In my humble opinion it's safe to short at the middle of that range.
At this very moment Bitcoin has been flirting to $63,000, currently trading at $62,900+.
If there will be a good momentum that resembles the January to February bullish run, we might see an $80,000 Btc price.

The substantial increase today has been very large, many analysts are waiting for the price at $75k, I think the most difficult to overcome was the resistance at $60k, although it can be seen as a consolidation area to resist bearish attacks, perhaps a pool of liquidity that served the whales to lean on and be able to push the price to new price levels at this time.

In this article they show a possible scenario that could occur, they give a maximum up to $69k possibly.

https://i.imgur.com/ahQYqsR.png

Source: https://cointelegraph.com/news/price-analysis-4-12-btc-eth-bnb-xrp-ada-dot-uni-ltc-link-xlm (https://cointelegraph.com/news/price-analysis-4-12-btc-eth-bnb-xrp-ada-dot-uni-ltc-link-xlm)

Until today, a new ATH has been given: 63 287.88 USD

Shoeting into this bullring is crypto suicide.  Is there still time to get in..yeah for sure.  Will it go down from here sure it can but I dont think 62-63k will be the all time high ever.  This will at some point get to 100k and upwards so why not buy in now and just hodl and enjoy the ride.

That has been my case since about 20k and people still haven't caught up with it, most people did see that which is why we are at 60k but there are still so many people left who think that bitcoin is at peak point and it will drop from here. I just do not see how that is possible, I think it is not going to be that impossible to see bitcoin at 100k, that means nearly 40% profit and that is not something you can make in the fiat world, plus if you do some altcoins as well they could go up even higher.

Look at BNB for example, that was like 20-40 dollars only 2-3 months ago, right now it's nearly 600 dollars and that's just proof that if you can pick the right coin and invest, you could literally make enough money to change your life, not enough that you will never have to work again (depending on your capital) but a 10x to 20x increase in your portfolio would definitely change your life.

It's not a practical idea when we're at the tip of price spikes, because I feared that we will be lost on this point. That's too risky specially when there's a possibility that day traders would have to play during fluctuations. That scenario is beyond our control, but when demand continues to grow I think that current price would remain stable and I prefer to wait until price starts to go down before I get in.

And again, bitcoin proves me wrong, I thought that we are somewhat staying in the $59k-$60'ish. But then again we have some good news that put the price to a new all time high again and another break out run ensures.

Of course, no plans or selling either, we will have to get to 6 digits first and see if the market continues to grow. So better be just a long term holder, buy in dips if you have some funds just lying around. And as I have said before, look for the long term. As we might see this year and the next couple of years around $200k++.

There is never an end. even in 2018, bitcoin collapsed like an historic bubble. Everything is over, we are in an exciting market and continue to be the new ATH ~ 63k $. It crossed the $ 60k mark after four repetitions. I think the $ 130k that the major institutional investors are targeting seems to have kicked in.

You are right, although in 2017-2018 the uptrend ended very quickly, at least the Distribution stage lasted much less, of course it cannot be compared when they sell the whales, and the subsequent trend that was downward was not expected by most, It was believed that it could have reached $ 50k, but the market is so volatile that many bought at $ 20k and had to wait until 2021 to see profits, some did not hold and sold at $ 3k, when it almost touched $ 2k, those were times of great panic in the market, especially in 2019 when everyone believed and took for granted that Bitcoin was the bubble that would never make a profit again.

The era of Bitcoin is beginning, its first stage of accumulation and Distribution was successful, I believe that we have not yet reached the uptrend stage, that the whales of 2017 have not yet come into play, only the new whales and institutions are the ones that have moved the market.

Yes, we are facing difficult times ahead, I hope this will not follow the Japanese scenario, where the crisis has stretched for decades. It is quite easy to survive high inflation for several years if you have savings and work, but it is rather difficult to survive a crisis that lasts 20 or more years in the sense that you do not want to live half your life during a crisis  :) Even if during this crisis you accumulate a few extra satoshi)

The idea of cryptocurrency market as a savior against the fiat market will be tested soon if there is an economical crisis and with the pandemic in full swing in all of the major countries and the governments around the world trying different methods to contain the cash flow might harm the economy in the long run as the US alone printed out trillions during these phases and it will affect the economy and if that happens how it will affect the cryptocurrency market is a big question.

Another interesting aspect is that whether we will see the market moving higher because investors are afraid to invest in traditional assets because of these scenarios or are they taking advantage of the situation in the cryptocurrency market and pumping the prices so that they could book the profit and dump the coins.

do not wait, of course, with a time that may occur quite a long time from the time you believe, if you do have a conclusion that there is a belief that there will continue to be a sharp increase in the future, every time is something that can be done. there is no time too late to enter the market when there is a conviction that has already occurred. because with belief, what we hope can come true.

Aside from institutional investors, the second most important factor for Bitcoin's price increase is retail investors who are afraid of missing out on new opportunities in the digital economy and have decided to buy bitcoins.

However, it should be remembered that bitcoin's recent growth has been primarily driven by large investments, which may cause this cryptocurrency to yield more stable growth in the future, as opposed to previous fluctuations and bounces caused by media exposure and speculation.

I would say that retail is still the backbone and they are the one that fuels market. But as of late they have been obviously outnumber by the huge capital this institutions have, nevertheless they are still ver important and relevant. So there will be FOMO, although because of the massive growth, retailers investments, I would say is about 40% and then the rest is pure institutional money.

With last month or more its nearly at 30k levels and as well had fallen below 30k too. Things now looks dicy as below 30k I am expecting a bigger fall. Good thing it has bounced back from that low and back to 32k, so only if it can sustain this levels and we see some push to 35k or above we might see it back to 40k. 60K not anticipating in this year now. 

Just look at the current price, we are above $30,000 right now, the dip that you are talking about it temporary maybe because of the GBTC unlocking but it is over now. The market is bouncing in the last 3 days, 24 hours = 3%, 7 days = 7%.

So $60,000 or more is still on track in my opinion. We still have the last quarter to make a final push. And usually that time, the price are going on a super fast rally. So we might see a repeat last year and who knows, the much anticipated 6 digits might be reach this year.

It is nearly reaching 35k because the price now is 33,600$ and still climbing  so basically after the dump we can expect Pump back and if 40k will be break this month then there is a high chance of this 3rd quarter will make big difference again since the whole 2 months of dumping.
since june we are struggling to een Reach 50k againfrom the highest price of 64k in may.
Too late is being used by those investors that has enough allocated funds in which their target price already passed and that is why they called it too late though it does not mean they will never buy again.

I think, for now, even getting to $45k is pretty good. however, after the dump of ATH, the price of bitcoin is really stable in this range. up and down is only in the range of $ 30k, and the lowest is $ 28k. well, I think it's really hard to expect $100k in a situation like this.

Even $50k seems so hard to reach if the situation will remain like this. What I think about having in $30k-$35k range was good enough, that was still healthy to see. We have done already with the hypes and bullish season, now we have to prepare for the bear season as commonly will happen next. But the good thing is that we are able to keep the price at high and no such panic selling has done (at least) that's why we see that the price won't go down badly unlike last 2018.

It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.

There is very good news, because BTC has a great bullish style movement, in addition to having appeared in the Olympics by the delegation of El Salvador, also some statements by Tesla, which something helps, the BTC is giving excellent indications to continue going up:

https://i.imgur.com/MEApeVZ.png
Source: https://u.today/bitcoin-btc-price-analysis-for-july-24 (https://u.today/bitcoin-btc-price-analysis-for-july-24)

I would like BTC to reach $60k again, but it is a matter of waiting to see how things continue to develop, the bears seem to be losing strength, which is something positive, however, do not neglect, any scenario is possible .

Common reaction for most people,they freak out when its dumping but they do have a boost up when its starts to recover which is a common behavior and not surprising.

When people would really realize and get used to it? As long market moves then theres always a tendency or chance that it could dump or reach out new all time highs.

This market would never end as long the demand would be continous.It is just a matter of time neither a new or still  bitcoin would able to take the lead.

https://talkimg.com/images/2023/06/12/Ay5sG.png

We recovered back to meet the still descending 50 day average.   It might be all at once we recover price action upwards again but I think it will take more time to transform the nature of movement from sideways as we still remain presently into having momentum once again upwards.   So the direction of the moving averages might matter more then the pricing alone, they are indicators really not resistance as roughly appears on the graph here thats just short term reaction.

True. We are in the downtrend phase. The next phase can be another uptrend if the market can recover. But I am not sure to say the market recovery is starting already. There is a chance that this downtrend to last a longer time, maybe need several months again. Although some experts stated about a big chance of another uptrend in Q4 of 2021, it is something unpredictable. The worse scenario can happen, so you also need to prepare if it is the beginning of the bearish season.

You're right, people always saying it's the end or it's not yet the end as if there's going to be an end in this market, and even if there's one, I don't think that we will be seeing that end in about a half century or even a century. I hope that this isn't the biggest rise yet because I feel like this is just a temporary increase in the prices and I feel like we need to be cautious in treading the market because a lot of people have fallen for this kind of trap of thinking that the prices will continue to rise and them ending with losses because the prices slumped down again after a brief rise.

I am lucky enough that I never go fully into something and always have a bit of money saved aside to keep going into crypto when it goes down, however this time around I am done, I did buy a lot from 30-33k levels but that’s about it, I do not have anything left, sure I will reinvest when I get my salary, and will probably keep it there for a while for the first time ever instead of investing just a small part of it because I will not be needing that money for the first 10 days of august, so I can keep it there but then I will take it out, it’s a risky move that I have never done before, it will either mean I will make some money but if there is a big fall then I will lose it but I am fine with it, this time around my wife got a bit of money thankfully from a commission she made and we do not really "need" my money, still would be good to grow it of course :D.

Im accumulating too when it hits 29k-33k price which i do tend to use up my savings for that even though its risky but look at on where we now? We had already touched 40k and it isnt really that a long time
wait but i didnt really take out profits and would instead accumulate while the market is really recovering.If we do able to hit 60k as ATH then there would be always a chance on breaking out those ATH's
and would set an another Ath in near future even though it isnt really still determined on when but at least we have seen similar scenario or could really compare on what happened in the past.
Always remember that we should only invest on the amount that we can afford to lose.

Exactly, ending gives the wrong impression that there's a destination in the market and that we are slowly arriving at that point, it's more like as @|LuckyGuy| said, it's just on the patch right now but it will inevitably recover.

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

I know about the advice but how can investors survive when the market is receding in whether it's possible to think it's good to rake in more bitcoins or is it just a bad view that bitcoin will die? I guess some investors still can't understand this and now the luckiest thing is to take advantage of the moment when the price was still $30k and now it's over $40k+ meaning investors are sure this will definitely recover soon after many thought it would be a bear after the news bad.
I will not be influenced by anyone's words, the important thing is that my analysis is strong with when to buy and sell.

Need to have a lots of time to analyze and understand how the market moves,
It will surely works well if you manage to anticipate the next market movements, aside from those charts and earlier market movements,

There are also whales that you need to ride along their influenced is quite higher as they can create artificial pump and so with artificial dump.
But as long as you are willing to learn things out then there are good patterns to follow for the best outcome of your investment.

After experiencing a decline in price a few weeks ago, the price of bitcoin has started to rise again and has already broken through $41k. I think the price of Bitcoin is still continuing its upward trend. do not rule out if the end of this year the price of bitcoin has the opportunity to rise back to $ 60k or more than that. Therefore, there is still an opportunity for you to enter to buy bitcoin at this time. My advice is to take advantage of the opportunity you have and never waste it if you don't want to regret it later.

Of course we hope that by the end of the year we can reach ATH again, by looking at market conditions that continue to improve, I have no doubt that by the end of the year we can reach ATH and even we can get new ATH, so always be optimistic and don't panic when prices drop again like now is the key to get huge profit.

Yeah, we are seeing those type of rise and fall once again and that is what matters the most, I personally believe that we should not be focusing on anything but the current situation and the current situation shows that we are very bullish.

By considering the recent $42k spike, just like two weeks ago or even sooner we were talking about as low as 28k dollars, that means we have increased 14k give or take and that is around 50% increase all inside one week. That should tell you how bullish bitcoin is, I know that many people do believe that we should not be focusing on anything this short term and we should be focusing on a longer term deal and as a long term investor who doesn't sell at all, I should not be happy about these small victories and look at the bigger picture but things looking like clicking right now and I am happy about it anyway even though I am a long term investor.

I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.

Possible higher low here is quite bullish for a pullback it wouldnt be as serious as some take it.    We are below 2 day and weekly averages but still above 50 day which is far more important for the weight in price action inertia right now

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

If we can regain the weekly average in yellow and regain the prior closing lows now acting as some short term ceiling it would be some show of strength that might build into a continuation of recent strength.   For the moment we're falling back having lost that quick sequence of daily green bars.   Dollar index isnt moving up, its a trading move mostly I think.

It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

It is true that it must be admitted that it is quite difficult to predict the price of Bitcoin, but if we can do analysis and research properly about
Bitcoin price movements. At least there's a prediction we can get, although not 100% accurate, at least the prediction is able to be a consideration
for the decisions we will take. So it's not just a throw away of the numbers, everyone has their own way of predicting Bitcoin prices. We should
respect everyone's predictions, as we maintain good relations within the crypto community, at least it will have a positive effect on the market.
I'm one of those who believe Bitcoin will soon return to $60k, it was seen a few days ago the price of Bitcoin finally passed the resistance at $40k.
This means that there is a possibility that the Bitcoin price will continue to rise towards the next resistance price and eventually return to the $60k price.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

The bull run hype is I think over for this year thats why we cannot see a huge increase the same on what happen for the past months and maybe the one we experience by now are unexpectable price decrease and sudden increase which is currently happening today for sure many by now are settled doing short trades compare before where many are holding thats why we can see how unpredictable the market is at the moment. Maybe the one we need to do is not getting panic and always settle with best option rather doing than risky things om market to avoid losing.

After bitcoin hit the ATH of $60k and dumped below $30k, I don't think there's still huge hype that would surpass the ATH again. just like in the past, the bull trap is here but I'm sure bullish people will not agree with me, and I like that because I always think of the other possibility that's why I don't easily lose money when it comes to investing in the crypto space.

Experience is the best teacher, it's okay to ride with the hype or whatever you call it, but always be careful as shares are still here manipulating the market.

But the past can tell us what the future might bring, like the supposedly four year cycle.

I agree that adoption is very different after the halving next year, but we all know that after this activity, the price usually goes on to hit another all time high, and that's what we have seen this year. And after that the price goes down hard. But it seems that we have bounce back again and been looking for a new all time high at the end of the year.

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels. But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.

I'm guilty of this thinking and I was wrong...

That means the market is truly unpredictable. We are currently at $45k, still far from $60k and we still have 4 months to go before we end this year that seems not impossible if people don't just give up when hearing any FUDs as this will affect the momentum. I just hold my Bitcoin for now and wait for the best price to sell.

Just think about the market week ago. It was around $30k. Within two or three days the market touched the price of $40k. Today it has crossed $45k and tomorrow it might cross $50k. We can't be judgemental on the price move of bitcoin. It grows on own and some times gets influenced. Now it is real and upon these calculations$60k doesn't look like a far value.

I drew in some resistance for just below 50k but its speculative based on closing weekly prices.  So far momentum has stayed with the price action and there is little to doubt so far, when we stall a little bit some might speculative on weakness then but seems like it would continue for now or quickly resume on any falter.

bitcoin is holding above 45k very true as you can see. it seems that many people are confused in deciding the future, some say the price will go down a little and some say they will continue to pump in the next few days it will break 50k.
but I'm more speculating this week btc will return to 50k maybe 60k.

I have been waiting for this jump again , but there are some good shape again now climbing back to 45k and trying to go up is enough reason to believe.
50k is another dream for now but once it breaks then that is the start of the new era and maybe ATH.

The good thing is that it stays above $45k for now, a good indication that bulls still control the market even if bears wanted to pull it down again.

So there is the support right now $45k and hopefully it will remain in this price for the next couple of days, (I don't mind seeing the price going sideways) and then eventually we might see a break out run to at least the $47k-$48k and then $50k.

The behavior of BTC has been somewhat bullish, for now the $ 45k represents a very encouraging figure, since it touched levels of $ 47k and has dropped, in fact for now it has been falling a little more than 3%, but it is natural for this type to occur. correction, what we must take into account is that many bulls are responding to bearish attacks, which is not bad at all, the short-term analysis shows the following:


https://i.imgur.com/IRaVToF.png
Source: https://u.today/bitcoin-btc-price-analysis-for-august-12 (https://u.today/bitcoin-btc-price-analysis-for-august-12)

For now it is best to wait for the next movement of BTC, although everything seems to indicate that it may continue to rise, in my personal opinion it is likely that it may already be touching the $50k levels.

I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.

$ 60k a few months ago was just a temporary stop for btc before it crossed $ 100k...

bitcoin price continues to move positive and passed $ 45k in just a few weeks after previously being at $ 29k. if this continues then maybe we will see bitcoin at $100k before the year ends.

New highs are highly unlikely until prices move above $47700 or $48000. In the last few hours, the BTC price experienced a massive bearish reaction near $48k level. We need to break this resistance to climb above the $50000 level again.

https://i.imgur.com/OjO7sun.jpg
source: https://t.me/CryptoKlondike/6756

In the short term, both $45000 and $46700 support levels can be retested before breaking the marked resistance level. Alternately, if $45000 is broken, a lower support level awaits near the $42000 level.

climbs above 47k but now drops back to 46k , the last time it falls from 45k to 43k then goes up to 47 so maybe the next pump is 50k breaking.
but don't engage your self perfectly because you might fell if expecting too much.

I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is
quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because
as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of
long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target
we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.

the only challenge to reach $100k is yesterday's ATh price of $64k. after bitcoin is able to pass the ATH price the journey to get to $100k will be faster than the previous price increase. $100k is not impossible at the moment because bitcoin is able to recover faster than we imagined, even to reach $100k before the end of the year is still very wide open.

There will always be haters and shorters who will come here and write about how bitcoin did all the best it could and from now on it will crash. I had those type of people a million times when the price crashed from 20k to 3k back in the day, I kept telling them how it is getting to 20k for months and how it was increasing and kept talking about it while it was happening and they kept saying that it was a "ponzi" (which shows how they do not even know about bitcoin) and eventually the price crashed to 3k as we all know and all the while it was dropping they kept saying "I told you it was a ponzi" constantly, now it peaked at 64k...

Basically there will always be people who are ignorant to capabilities of bitcoin and we should not be really worried about them, they will be there to annoy us and will not leave even if we want to, we just need to focus on the truth.

Price bouncing off the weekly average at the moment, 4hr bars is usually a good measure of strength in a day to day timeline we are still quite positive while above that measure imo.

https://talkimg.com/images/2023/06/12/AyZ13.png

Also have to note the lows of today match quite closely to the 200 day average, actually thats probably the more important reason.
  I'm still looking for some bearish avenue, a pullback of some kind but I'am very often too negative not respecting the overall direction however pullbacks are healthy in building volume and help build eventual highs greater then otherwise might accumulate so I do expect that to occur.

The high probability of touching the highest price again... of course that's for sure, but it's just that the journey will definitely experience some attacks such as bad news or something that makes it go down, so many people seem to doubt it, here people who are more consistent will profited, and not for people who are impatient when it comes to holding Bitcoin.
Bitcoin's journey is still long, after touching $50k it will continue to $60k naturally, be more in demand until finally heading for a higher price even though it is accompanied by some declines in it, we know its characteristics.

Yes that would be reliable prediction. Bitcoin’s price tends to skyrocket in repetitively. Anyone who purchased Bitcoin and held on it for at least one year witnessed shockingly high appreciation, no matter what price they bought it at. Few days ago the price was approximately 62k and it go back 29k but after a certain time it come again and will cross ATH.

It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.

If you look at the price conditions at that time, bitcoin is currently experiencing a very significant decline, but on a different scale this cannot be used as a reason for the overall decline, considering that these conditions do not affect the current value of bitcoin, actually bitcoin is experiencing a very significant level of change in selling and buying value.

By the end of this year I'm sure bitcoin will make a big surprise to everyone involved in the crypto world, given the market conditions and the huge fortress of the last few months, now is the right time to step in and make an investment, now that you can make that decision.

Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher.

That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again.

Whenever bitcoin do really make out some movement then people do ask even for more which is kind of absurd thing because we cant see ATH's or breaking it on a short span of time.
This would be always a bumpy ride and cant really be that fast when it comes to movement but nothing is assured because anything could happen in a short time that we dont anticipate
for it to happen 60k isnt really way too far off but we shouldnt anticipate nor that really that optimistic because it would really just frustrate us when the price hadnt really goes up
on what we do expect. Better to mind off about slow process or gradual increase or in the system that huge green candles wont really be that simple to happen.

There will always be rallies because whenever Bitcoin dips and then goes up in price there will be people looking to make short term gains and cash out at the height of the cycle. When that happens is when you see the correction. The correction is because there are many people selling. Then Bitcoin dips and people invest in it again speculating that there will be another rise because of the way the market works every time this happens the cycles get bigger and bigger.

It's true that Bitcoin haters will always be there, because we can't make everyone like Bitcoin. So these Bitcoin haters will be more active when
the price of Bitcoin falls very deep as you have explained. Therefore, if we worry too much about it, we just lose focus from our real goal of
investing in Bitcoin. Ignore people who don't want to admit that Bitcoin does have many benefits and has a bright future. When the price of Bitcoin
drops we don't need to panic and be influenced by the FUD that is widely circulated, but it's better to focus on holding Bitcoin that we have,
people who are patient holding Bitcoin have proven several times to get big profits from Bitcoin.

Right, even traditional markets did find itself having a correction from time to time because a parabolic growth is not sustainable overtime. $50k is very near in my opinion, after this correction, we might see the price pumping up to $50k. The thing is that it should happen this month, so that by the last quarter, we will see another super rally to $60k or a new all time high. I could only hope that we will see a massive pump similar to last year.

Seeing the development of the bitcoin market in recent days makes investors even more worried, this should be a good sign and the price of Bitcoin can be rise even higher. I'm sure Bitcoin will hit $65,000 by the end of this quarter, so don't panic to sell Bitcoin. If we want buying Bitcoin now, it's actually not a problem, but it's more unwise to buy Bitcoin when the Bitcoin price is high.

I know we're within trend and even above 2 day average so with momentum but I still wait for a pullback near term or a proof of achieving a higher mark then recent range

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

So 49788 is recent high, a close above that on a 4hr bar will do alot to convince me otherwise but I think we need some measure of a pullback though its hard to say the magnitude of how that will occur.   We're into the Japan open or Asia trading hours open I guess more widely which allows larger main market trades from all over the world, plenty of opportunity for bearish bets and its not registering down yet so I can easily be wrong yet I think best caution advised.

Yeah. We have finally passed the top of $50k, with 33 days of continuous correction in a bullish direction for the market since 20.7 bitcoin has returned to the ideal level for August. Compare gains during the 2013 halving and 2017 then this year we have many possibilities with even better opportunities. The cash flow of institutional investors is rushing back. This is a good signal for us to return to ATH even higher at 72k$. I guess phase 2 bullrun in bitcoin has begun.

you should buy bitcoin when the bitcoin price is still low because the risk received is also low. although bitcoin is experiencing a positive trend but buying bitcoin at this time is quite high risk because currently the price of bitcoin is very high and is approaching ATH.

The fear of a decline is certainly natural but those who understand the nature of bitcoin it will be easy to read that bitcoin will do the same from time to time. So if there is a correction, it is certain that there will be an increase in the future.

If you believe that bitcoin will reach $65K, I actually expect it to be more than that for bitcoin at the end of this year, because based on experience in 2013 and 2017 alone, the difference in increase is quite high, so fantastic prices can occur.

bitcoin has different characteristics from altcoins, bitcoin whenever we buy of course there will be an increase that is more than the price we buy, but indeed to reach the maximum price of course what you say can be used, but not an obligation because there will always be renewable ATH on time .

I think that this is one of the great times to make an investment into Bitcoin or a top altcoin. The market is not in a very good condition and we call it as a recession period. After some time, I expect the market to start rising again like it did not long time ago. This could be one of the golden opportunities to buy more. In the next bull run, everything will be great for people who invested before.

I have the same view that in this year we will see the 100k figure and if that belief of course this is the right time to enter, but everything can happen it is just speculation and wishful thinking in the future which will not necessarily happen.

I am really confident on it reaching $60k to $65k by end of October followed by ATH in the beginning of December 2021. I just say seeing the market since 2016. Now a days, more number of new investors are into Bitcoin. Word of mouth spreading across and bringing in new youngsters inside crypto. Its greatly making a demand now a days and I feel that is one of the reasons Bitcoin being stable between $41k to $46k. This stabilization is a sign of bull run in near future. 

I’ve been through the 2017 cycle, ” expert says referencing the ‘crypto crash’ of 2017 that saw many major cryptocurrencies, including Bitcoin, lose major value. “I know that btc or altcoin are super volatile, like some days they can go down 80%.”,the price of btc is now above 40k$  and I think it will rise back to 50k$ to 60k$ few weeks from now so let us wait and saw how things change and don't get panic.

2017 boom and the immediate crash in 2018 is a very different scenario, that time the final catalyst was the bitcoin futures (CBoE and CME), and we really don't know what it is, investors buy the news. But then the bear market comes along, the only thing constant here is it's volatility. News, FUDs are still going to be part of it, investors who have gain knowledge and experience should know how to react and not be just selling off their bitcoin and letting institutions buying them at a discount.