Bitcoin Forum

https://i.imgur.com/nbIethm.jpg
2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.

After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036. 

Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?

Volatility is a bit of both, it's good that the market is volatile because when prices go down suddenly, you can get in at a lower price and because of the volatility, there's a chance it will go up and you making a profit and it's a bad one especially if you're a panic seller because volatility causes unhinged emotions to go off rails and make you decide unreasonable things when you're in the market like panic buying or selling.

Bitcoin market all-time high is $69,000. But in 2023, $31000 is the maximum. It is not possible for Bitcoin to go from $31k to $100k. Bitcoin won't reach $100k as easily as we think. Here we have to see a lot of volatility in the market for Bitcoin to reach $100k. Maybe by 2023 Bitcoin can take position between $40k to $50k dollars. But such market volatility can be good or bad. But we do not accept that this instability will lead to good. But we have to remember that we have to move forward with this instability of the market.

Now Bitcoin price is almost hit $30K and you have predicted the Bitcoin price in the end of this year will take around $40K to $50K, how you can still say such volatility can be bad? Everyone are accepting instability of Bitcoin price, if someone can't accept it, he shouldn't invest in the first place. This is not only invest in Bitcoin, but the other assets too e.g. precious metal, real estate, stock because those assets price are having their own volatility too.

Just like what the old bitcoiniers called this period a “bull trap” I think the recent volatility of bitcoin causing it to jump and down in thousand within period of hours is partially due to the much anticipated halving of the new halving coming up. The dump of price actually happens with the crises exchanges are facing recently, the top one is that with the SEC failing to agreement with some of these exchanges. This has somehow created panic in the markets. Also the relaxation of crypto regulations or ban in countries like China also plays its part.

But the major thing causing this excess volatility is the panic around the halving, some people are withdrawing there funds after meeting first year quarter target and others are accumulating fast when a little drop happens for the next halving. This two to me are what drive the market right now. Should this panic reduces after halving we will have moe less a little stable market before the next. So it is a good sign

None of us know in advance how the market can actually go this year. As you guessed that Bitcoin market will reach between $40Kto $50K this year it is all but your imagination.  Maybe it's the opposite of what you think. the price of Bitcoin may fall further this year. 
The price of Bitcoin is completely dependent on the market.  But I think more volatility in the market is not good. I have seen several times with Bitcoin that when the value of a coin increases very quickly, the value of the coin decreases very quickly after a few days. No matter what we say about the market, we have no choice but to wait until the end

This more likely a thread that belongs to Speculation. --> https://bitcointalk.org/index.php?board=57.0

Honestly, we don't need to understand any reason for bitcoin's volatility. That's just a common feature of what bitcoin has and that's to become volatile at all times.

Concerning someone's worry, actually volatility is a sign of opportunity for those who take risks.

First Republic Bank shares tumbled 50% on Tuesday after the San Francisco lender revealed a dramatic slump in deposits. ,it is a sign that another US bank is yet to collapse. Investors withdrew $100b from the bank due to the fear that FRB will collapse. US government is planning to inject more money  into the economy to cover up this from becoming a problem to the economy. This action of printing more money will only ignite more inflation.

This has made investors to see bitcoin as a digital gold and store of value to invest their funds into bitcoin, since fiat currency is depreciating. This is the reason of the sudden pump in price today. Bitcoin investors are happy for making a wise choice of investing into bitcoin which cannot be influenced by the government of individuals, as it has serve as a store of value and an assets. I believe that the price of bitcoin will keep on pumping since the secrete has been revealed to investors that fiat and the banks are scams,but bitcoin remains the only option. I see bitcoin price hit above $100k between late 2024 to early 2025.


https://www.coindesk.com/markets/2023/04/26/bitcoin-inches-toward-29k-cardano-leads-gains-among-crypto-majors/

With daily, weekly, monthly or even quarterly candles, you will see lot of volatility and big ups and downs. I am sure many of us will feel panic with the tables
Bitcoin history price in monthly returns and quarterly returns (https://cryptorank.io/price/bitcoin)

Checkonchain has two charts for monthly and quarterly retracement.
https://checkonchain.com/btconchain/monthlyreturns_pricing_usd/monthlyreturns_pricing_usd_light.html
https://checkonchain.com/btconchain/quarterlyretrace_pricing_usd/quarterlyretrace_pricing_usd_light.html

If you see it long term, you can see yearly candles (https://buybitcoinworldwide.com/stats/yearly-candles/) and you will see Bitcoin is uptrend very clearly and it is on the right track year by year.

Well it's good to see the chart beginning to spike up again and pushing towards $30k price mark after a lot of speculations in regards to the downward movement. But I won't be carry away by this as I believe this to be a bull trap and it might take a deep again. The deep is still a good opportunity for people to get in and grab some bags and hodl for the bull run.

The sudden movement of prices makes traders lose the chances of buying at the lowest possible. If they expect the price to go lower because the indicators they were using say so, they will wait but suddenly breaks their heart upon seeing the price already soar yet they have not bought.

The ideal chart to use in this kind of market is the 4hour chart. Fair to see where the bottom is. Good to see though that the bull market continues.

This year has been projected to be a good year for bitcoin, and whatever we see now is a result of those projections. Some people have also mentioned that after all this upward movement of bitcoins that there will still a very nasty dump before the next year's halving.

The bitcoin market is very volatile, you should be aware before you choose to invest in it. It is due to this very high volatility that has attracted many investors to bitcoin because high volatility provide better opportunity to make better profit unlike low volatility investments with lesser chances to make big profit. Volatility can also be the reason for some people's loss, volatility is good and bad.

We could predict and analyze all we want but there's no accurate value that we can say in the Bitcoin's worth. Bitcoin's volatility is the reason for people to have opportunities to enter the market or sell. It's volatility one of the reason why it reached its current price so surely it's a good sign. Because if it's value stable then there's no progression for anyone it's either they hold for sell or wait for dump in buying.

Maybe regarding Volatility we can't say whether it's big or small, but the signs we got seem to provide an opportunity for those who want to enter the market. To be precise, we don't know the significant level that will occur in the market. the highest price Bitcoin has experienced so far this year may just be $31k and rising to $100k quickly seems like a big target.

I am thinking that I will sell the bitcoins that I am holding when it goes to 32$k. Then when it goes down to 27$k, I will buy new bitcoins and hold it. If I can invest in this way for short term, then I will make a profit.  Maybe. If I can sell this way then maybe I will make a lot of profit. I am thinking of taking this step now with hope. I don't know how much profit I can make by doing this. But hopefully if I can trade this way properly then maybe a lot of profit from here.  I will get a chance to do it.

The correction took place as a market state- normal, but once again, bitcoin's synchronicity became even stronger.  The decline in value is temporary and quickly reverts to a faster rate of response to market demand.  Perhaps it continues to be an attempt by the bears but the pressure seems to have lost as it fails to win consolidation from bitcoin.

LOL  ;D

I can understand how that feels but its natural for you to feel that way since you are new and might be experiencing it recently.
Bitcoin does have a huge volatility and what you are seeing now is very natural for bitcoin.
It has happened in the past and will keep happening in the future as well and so you must get used to this high volatility of bitcoin.

The volatile nature of Bitcoin can't be considered bad because it's one of its features. Bitcoin can reach $100k but you know it won't be an instance that just skyrockets from $30k to $100k.

It's a good sign in my opinion of constant movement in the market meaning there are a lot of investors buying and selling Bitcoin. At this early, we can already see the market price increasing up to 30k$ even without the Bitcoin halving event. Surely there will be a huge spike months before halving and that huge spike could easily trigger a lot of investors in the market, which can cause a huge movement. Still, if there is a lot of movement in the market, it could easily create panic in the market that could easily cost up and down in the market.

No one really knows what could happen in the market price for sure so the investment was obviously for long-term investment, but it's a positive investment even though is a risky investment.
Surely does attract a lot of investors but investors invest more if the market price of, 100k$ was going to be difficult but it seems doable.

This is a bullish sign, and there should be no room for a negative market feeling. Previously, when bitcoin was less than $25K, when the price increased to a certain point, it would then pause and wait for another correction before increasing again, finally beating the previous price it reached before the correction. This has been going on for a while, so it's not a new trend, and it's also a good indicator. In the coming days, if the uptrend would continue we might witness a break through to $33K or higher.

Bitcoin has always dominated the market.  Bitcoin is likely to be profitable ahead.  Bitcoin is one of the best with current technology.  This opportunity of transaction is available all over the world through Bitcoin.  It is expected that in the future Bitcoin will get full success all over the world.  Bitcoin is also in high demand in the current market.  Bitcoin reigns supreme in the cryptocurrency world

Market volatility is a good thing for someone and bad for the others. Like if you are a trader and if you can take the advantage of volatility like this, then you are in good hands. And for some people, they don't care about such thing at all. They are the strong hodlers. They have a fixed target and they will only care about their hodlings when their target is met.
And the last group which thinks that it's bad for them are the newbies and panic seller influenced by FUD. So based on your preference, market condition like this could have effect on you.

I don't really agree with saying that currently bitcoin volatility is bad because looking at the conditions, especially for 2023, it's clear that Bitcoin is still very good with their significant increase and it shows.
On the other hand, the correction now is actually quite good because indeed when they tried to go higher than the previous price for $ 31k a few weeks ago, it was clear that they needed another bounce for that, so indeed the temporary correction has been very good for them.

We don't need to worry too much about it because sooner or later they will continue to improve and this could become possibility for bitcoin.

Do you ackonowldge that when you buy at low prices with th intent of selling back to fiat at higher prices, you're in fact hurting bitcoin. You are indirectly removing value from bitcoin because, in specific situations, you will be able to buy more bitcoin with the same amount of fiat! Meaning that the bitcoin in the network worth a bit less. I know this is tempting, but you hurt bitcoin. You and thousands or millions of other people looking only for the quick buck of profit!
People need to understand that we need to buy bitcoin, and either hodle it or use it, not trade it back to more fiat. That is reverselly the same shit that the states do when they print money. They devaluate the fiat already in circulation.

Topic belonging to the Trading Discussion haha anyway in joy I would like to express my feelings here.
Hmm, the Thread is created on good time but when I am posting this the time is 2:38 AM here and the Market is behaving like a crazy Bull vs Bear fight haha from 29K it dropped to 27.4K, and now again the market is pumping towards the 28k I think Bitcoin test again 29k resistance then we can expect a break through otherwise coming is gonna be red to the 25K support region possibility is 60 40. I would love to see a breakthrough because already the correction is enough healthy. If it goes for the more drop then we can expect end of Ay to be 35k line.

was that mean it was not on track? 2😅
Maybe this is just related to the discussion. but indeed the last few days, the Bitcoin market seems to be a little unstable. it seems that many people are trying to cash out Bitcoin for certain purposes. and now the price has started to move again, even touching up to $ 30k. If the price continues to consistently rise little by little or only makes slight changes when it drops, that's a very natural thing. And I am very happy when Bitcoin is back on track.

Bitcoin maybe will not touch 100k$ this year, but it can cross 50k$ easily with this run. We can not predict the price but we can enjoy the bull run.
Some traders made huge profits just from this little drop of the price of bitcoin. Regular trader enjoy the volatility of bitcoin while investors only can watch and enjoy.

Good, that we're able to experience bounce back. However this is temporary in my opinion. Market hadn't turned completely bullish. For now we're on the fluctuating phase where we can make good profit through regular trading. OP have mentioned the price of Bitcoin close to $30k and now the price is around $28k. This is huge and traders who watch it close could book profit in the short term. I believe this fluctuation will continue amidst the positive and negative news happening around the market till it crosses the $35k barrier.

Not to hasty. A correction again occured upon its value reached $30k. We should all know that if there is a drastic increase on the market value, there would also be an overbought to a certain price point which should be a warning that its price could fall anytime. It will only be for long term if the price is slowly but consistently increasing. Simply, these concepts are part of its market volatility.  On my end, I do still think that the uptrend will be starting next year still because of Bitcoin halving which is a more valid and stronger reason to sustain an increase unlike with nowadays wherein market manipulation is more of the reason to why the market price increases and decreases in an instant.

I also don't understand that. But, it's good for us, right?. because if you don't know anything, it could be avoided for you to sell your Bitcoin. From today, I just try to close my eye and ear to do not read and hear any news about Bitcoin. It's good for me, so that strategy makes me hold my btc in bag and pocket. We should know, someone out there still many who have not bought bitcoins, if this good news appears, that make them disappointed and try to spread fud in the next few days.

It was anticipated that the Bitcoin chart would turn upwards, however when the market corrected during the emergence of an upward movement, Bitcoin wants to revert to its previous position. When the supply starts to decline, a higher demand zone would seal an equivalent supply. We don't need to be overly confident because Bitcoin causes a lot of market volatility in the area, which negatively impacts Ethereum and other projects in general. Smaller period Bitcoin charts showed too much noise, which is unacceptable because it prevents us from segmenting our findings into a more substantial format.

Market volatility is not about good or bad market. it's just that it is indeed a cycle that occurs in the market. and every time there is a rapid decline and rapid increase there is always a reason that makes sense fundamentally. and if we are able to analyze fundamentally then in fact we can predict which way the market will continue. news strength and economic conditions have an effect on market volatility. Market sentiment is also the same in this case, which affects market volatility. and the increase that just happened also has something to do with what happened to one of the banks that seemed to be going bankrupt. I forgot the name of the bank. but after I read the news somehow the price of bitcoin actually increased rapidly. or maybe there is another news that I missed. but the point is there is always a reason and basis for every increase and decrease in the market.

When bullish sign comes many people does not understand the nature of it, actually many people will have different reasoning and different understanding of increment and decrement of a bitcoin, because I know quite well that bitcoin rise and fall before it could stand a ground, so if bitcoin rise above twenty three thousand now, before it will be stronger it will fall and retrace to be above the twenty three or neither  be stronger twenty three.

If you are talking about the price of Bitcoin at the end of 2023, there is really a slim chance for Bitcoin to break $100k  but if we are talking about the years to come, it is not impossible.  Many predicts that Bitcoin will break its all time high on  2025, and even speculate that it will go beyond $100k according to their analysis of Bitcoin price cycle and uptrend.


Bitcoin market is highly volatile so it is obvious that we will often see price fluctuation ahead.  Aside from that this fluctuation is what the traders wanted so that they can take advantage the up and down of the market, taking profit on the volatility of the market.  This Bitcoin market volatility is not new and traders and investors had already cope with this characteristic of Bitcoin market.

Nah, ATH remains $68k+ for now until a price higher than it takes over. What we had in April was a maximum or high of $31k, not an all time high.

It's certain that price will go pass that $100k mark this coming bull rally as a fresh ATH is expected. I look forward to that in 2024/25 but if that happens in 2023, it simply means that Bitcoin will hit >$200k after halving in 2024 then.

Bitcoin is a digital currency, its price always fluctuates. But we see this year the prices suddenly fell, then suddenly started to rise again. No one can tell when the price of Bitcoin will go up or down. But the price of Bitcoin is expected to go up a lot soon. According to many researchers, we will see a bull market very soon.

Price increase or decrease of the coin mainly depends on the users. If we do more buy orders for the coin then sell orders, then the price increases. If we place more sell orders then buy orders, then the price of the coin decreases. Basically in other words the quantity of coins is fixed, so if the demand to acquire the coin increases, then the price goes up, else the reverse happens when the demand for the coin decreases. This is the main reason which affects the price. Moreover there are also some whales who manipulate the markets, so you need to be careful from them.

The market volatility that played out this past days is psychologically related. What I mean by this is that, just like the bitcoin price drop down to $26,942 on 23-04-2023 and later pulled up to $30,036 within a few time. This action  action by the market price must have triggered some fears in the minds of many trading during the price fall, especially for those that  might have bought when bitcoin price was  $19k - $20k around March, and seeing price going down again after some few rising, out of fear some might have been forced to close their trade within the little profit position to take a little profit.

And that's exactly what the  market wanted. The volatility is just a test of the strength of the market psychology of many traders. A technical way to make more profit in such situation is to DCA,  and that was exact action I took immediately I observed a double bottom chart forming, because the volatility from my observation is a positive sign on the market price.

Yeah, we already know that. This is just the basics of how it works. tbh, I don't really care about daily price fluctuations, I'm just glad I managed to buy a lot if it below $20k, now I'm just DCAing, stacking sats in OWNR, and waiting for the bull run.

It's hard to say whether market volatility is good or bad since it's subjective. Some traders see volatility as an opportunity, while others see it as a risk. What matters is having a strategy that suits your risk tolerance and investment goals.

Bitcoin will not rise straight up to 50k. We will see many up and down before Btc reaching high level. One days ago (30 Apr) Bitcoin price again down to 28k. now its looking weak and we can again see some further correction to 26k and then it will be time for whale to push big than previous and 35k might he target in this pump.


There is not specific reason for btc to pump or dump because btc is totally decentralized and its price depend upon supply and demand law. The higher the demand, more buyer will enter and price will increase. Demand increases with the big adopting news, Btc Halving, Failure of traditional bank and many other. High volatility of Btc is often did not considered good sign for Market because this increase in price is because of News(failure of bank) but we can see sudden drop in price also.

For people claiming that it would break at $100k price on this year maybe they need to consider first on how could bitcoin get demand on its current situation where many are still afraid about the bull trap might possible to happen. To many things need to consider so maybe it might happen when bull run came since most of the time we can see a great insights about possibly price to occur on that moment.

I would say don't create a macro outlook for the coming week or months using intraday analysis. It won't make sense. First is the data, you don't have enough data to say where the price is likely to go the next quarter by using the 4-Hour chart. That's useless. You're stressing out the irrelevant information.

If you are going to create an analysis for the coming months or probably for the next high, instead use Higher time frame starting from daily and higher. Correlate it with Intermarket analysis, news, interest rates, bitcoin halving.

Bitcoin is highly volatile enough to make our funds difficult to preserve. Until you know what you're doing is right, then you are good to go. Invest only what you are prepared to lose.

A straight rise to 50k would be kinda impossible given the current market conditions. It's currently undergoing a price correction, and it's probable that it will remain in the range of 25k to 35k for some time, possibly two to three months. However, I believe it could reach another level by the end of this year, possibly around the range of 40k to 50k.

Indeed, anything can happen in the market and news events can also have an impact on the price of Bitcoin. However, the supply and demand dynamics remain the primary factor affecting the price, as you mentioned earlier. I think as the Bitcoin community continues to grow with more people investing and adopting it, the outlook for Bitcoin's future remains positive, so there's no reason to fear for it's future.

In bitcoin we trust:)

As banks seem to have stabilized as well, maybe it's time to crypto as a whole get back on track too. It probably will, plus still confident in the 100k by eoy.

The Bitcoin All Time High was around $69k, and it happens in November 2021. $31k was just a highest high of 2023, as of today. Any time soon this high will be broken. We all believe that the price of Bitcoin will going to reached $100k but it's not that quick. In my own analysis in the market, there's a higher chance that if $31k will not be broken, the price will retrace to $22k - $24k before it breaks the previous high and create a new high.

Aside from that, the reason why the price reached $30k drastically after touching $26k was because of so much demand in that area.

The volatility in the market is what has made Bitcoin become so interesting and fun for traders and investors, though it comes with its own risk too, but one can figure out the opportunity that occurs during those times when we experience sharp movement or spikes in the price of Bitcoin which could be as a result of high impact news such as interest rate data release by the FED or CPI data and take advantage of this price volatility. if you are a holder and have your target, keep calm as Bitcoin will gradually do what is expected of it base on its historical data.

Not yet, Bitcoin price have not rose significantly for approximately 3 weeks. And probably this volatility will continue in the near future, it is really difficult to predict the upcoming bull run.  If fact, It would be better if you keep your eye on market and use your strategies intelligently once a sudden event occurs.
In fact, it is a wonderful occasion for investors and traders to purchase Bitcoin at this time. In conclusion, the more you HODL a large quantity of BTC, the bigger the reward but in middle and long term. If you are impatient and into short term investment, you won’t sadly gain a huge profit.

The crypto market is volatile already. The buying and selling in the crypto market brought about the volatility you see in the price of bitcoin. Some investors who are newbies as you would think that volatility is not good for bitcoin to be fluctuating up and down in price within a short interval. But to others who have understood the volatility of crypto would tell you that, volatility can be seen as an opportunity to acquire more bitcoin to one's portfolio.

Bitcoin market price has session, which we called Bull run and Bear market, while volatility can also make Bitcoin price look as the bull run want to start, but never the less, this is the right time to filled up your bag's with Bitcoin, because is a good entry point and no body can give exactly the day the bull run well start.

With the number of users continuing to grow bitcoin will continue to shine, the correction that occurred was short term and i believe the price will rise again, now is the right time to buy before the price becomes more expensive.

If you check the cryptocurrency charts and also if you check the charts of stock market. You will never see a straightforward chart from bottom to top or vice versa. Any volatile investment has this zigzag pattern of up and down. That is the reason you should know that volatility is neither a good sign of market or a bad sign, rather it is simply the nature of the market.

Market reaching $100k is not an easy thing and I will advise that we should not think much about it. During the last mega bull run that happened, $100k which was the target failed. It will be very difficult for the marker to drag such a FOMO that will pull it to $100k. Our best expectation is something close to or slightly more than ATH.

In which it could be neither positive or negative to us,

- in a bear market, prices are down, then get as many as we can
- in a bull market, prices soaring up, better do DCA

So it's a win-win for us, and it's no rocket science that we can take advantage of it's volatility. Or just really embrace it, accept that fact that makes us uncomfortable and then learn through it. And for sure sooner or later we are going to make money on both markets based on what we understand from it's volatility.

Why shouldn't it be an easy thing? I feel like that is as easy as it gets. Bitcoin reaching 100k may not happen today or tomorrow, but it is not a hard thing neither, it is something that will surely happen. I personally believe that the best thing about bitcoin is that the price goes up eventually at all times, there is nothing to worry about.

Obviously speaking we are going to end up with some situations where the price will not be doing that well, but that doesn't matter because when the price doesn't well, all you have to do is wait for it to get back to being good again and it will be awesome. I personally believe that it should not be an issue, 100k is simple and all you have to do is wait, I bet that it will get to 100k one day, not today but eventually one day.

I think the demand will show itself when the price goes up as well. Price going up requires demand, but demand makes it go up in price at the same time, it's a cycle. So whenever there is a bit of demand, there will be more demand following that as well, it just keeps growing. This is why I honestly believe that we will go up a bit first, stay there for a while then keep growing bigger after that.

People who need a reason to buy bitcoin will have a reason which will be profiting, they will see others profiting from bitcoin and they will want to do the same thing. That's the good thing about bitcoin, it gives people ability to make profit easily with others together, and that will be good enough reason for people to buy and create demand for it.

The price in this chart posted some days ago is the same as what we have today. The  very good thing is that the market is moving progressively and that is a good sign for everyone and especially traders and project owners.
In as much as the market is moving, I do not expect $100k this May or let's say this year.
We should be able to reach $50k  before we meet thr ATH and talking about exceeding the ATH before we talk of $100k. As someone said above, $100k is not what can be attained easily.

This kind of advice is actually more suitable for those who have not bought Bitcoins or those who have sold Bitcoins in the past, although it would not be wrong to use them for those who have bought and have not sold them now. Because increasing the amount of Bitcoin to hold long-term is always a very healthy solution because Bitcoin is not a bad asset to have long-term. I also hope that the Bitcoin price can increase even more this month, because for me that is really exciting.

And when the demand goes in the future, then we should look at it as something valuable for today. I mean yeah the price might be around $30k and could be very expensive for us, but if there is a huge demand in the future then definitely the price is going up, 6 figures and those who hold will be on the + side here.

One reason is obviously we wanted to get rich in the future and with that, it's very easy to just invest very early. Doesn't mean to buy in bulk and then that's it. If you don't have the money then DCA will do and invest what you can afford to lose. It could be tough for some because it takes at least or two to realized our profits but it's going to of value in the future.

Many predictions that the price range between $ 25k to $ 30k will occur in the long term, of course we are waiting for another big surprise like January so that prices can return to a positive trend, if prices continue as they are now of course this is boring and makes investors not patiently waiting.

Personally I find it quite unlikely that price would be between $25K and $35K for two to three months, mainly as price has already been between $20K and $30K for around for 4/5 months, which is a similar range, as well as consolidated between $27K and $31K for about 5/6 weeks now. So eventually price is likely to break this range in either direction and go some distance as well as not return there for sometime (or ever).

It's also worth remembering that it didn't take long for price to go from $20K to $30K, which is a 50% increase, so going from $30K to say $45K wouldn't necessarily take much longer.

No, it is not as easy as it sounds when we are speaking about it. The market doesn't always move the way we think about it or we want it to, it often changes its direction based on events and sentiments of the buyers and sellers combined. Right now, the price is in correction mode and a bit stable too, so the chances are more that we will see a drop from here.

If you talk about the price value of Bitcoin eventually, we all know that it has got the potential to cross that mark some day in the future, but there is basically no guarantee as to when that is going to happen.

You certainly wrote interestingly about the 25k-35k range. In my opinion it is not much different from 20k-30k as the price is still below 30k right now. About the price being able to rise quickly to 45k in a positive scenario, it can just as quickly fall in a bad one. Although I also think the price should make a break up because I see a similar pattern from 2019.

Easy as in quick, not easy as in not being able to do. I feel like it is easy if you are talking about "will it ever happen", because we all know that it will happen there is no doubt about that, but if you are asking if it is easy to do as in will it happen just about now? Like within May for example, then I think that is not easy and it will not happen.

This is why we should consider this as a trouble and not really go with that, I feel like it is not a good decision to do it and should avoid it if possible. All in all there are too many people who think that it would not be smart decision, so if you want to invest to make quick profit then yes you are right that 100k will not happen that quickly, but if you are a long term investor then yes it will do well.

The most important thing right now is that the price is not dropped below $ 20k, and as long as we can be patient, the price will soar again, if many are impatient to see the price skyrocketing again then it's better to be quiet and think if the price skyrocketed then get profit? When the price is low like today, the best thing is to continue buying.

I think bitcoin is still off track because it hasn't been able to stabilize the price increase, even a few days ago it dropped more than 5%, even though it could go up again but the current increase is not significant compared to the decline that occurred simultaneously when the LUNA and FTX cases occurred, we'll wait to see if the price could touch $40k by june or not.

I think you didn't realize that in the last 4 months bitcoin has been quite consistent in maintaining its positive trend. Take a look at the chart on 1 Month TF, I think you will surely find that in the last 4 months bitcoin managed to record 4 green candles.

Meanwhile, in my opinion the correction occurred within reasonable limits although I would tend to say it was a sideway. For the long term, I think the strategy should still work, but for the short term I think swing trading and scalping are also fine.

It's true that during the beginning of the year bitcoin has maintained a positive trend until now if you look at the chart it certainly shows a nice green candle but with some slight correction it's natural because I see bitcoin recovering after the correction and this is long enough sideways where it lasts with pretty good with that, I think bitcoin will definitely maintain its value so it's not too low depending on market factors.

Long term keep accumulating it's a healthy and simple way, but I don't trade for some other reasons, not that I leave but don't really rely on trading as a profit right now unless I see a move that will go up, but I can still accumulate then that's what I will maintain as long as it is still stable in the flow.

Ups and downs are consider the generalization of the market condition. There is no reason to be panic about this circumstance. Those who have made  investment decisions about Bitcoin, even a major drop in the price of Bitcoin will not drive them from the track. Yesterday the price of Bitcoin rose slightly but then fell again. In this way, Bitcoin will eventually reach a certain target. Those who are weak holders of Bitcoin may see their holdings liquidated by a minor storm. So the holding hand should be tightened. The current market trend about bitcoin will definitely give its positive direction ‍and there are still good opportunities for those who want to buy Bitcoin.

What do you mean? the increase is also significant, from the collapse of Terra Luan and the effect of FTX, the price went on a decline and even hitting the bottom at $15k. But now this May or at least last month, we've seen the price hitting $31k, so that is a great increased.

The problem is that there are a lot of speculators who thinks that bitcoin can go on parabolic rise. That will not be the case, and given that fact that we are still in the bear market, we should be thankful enough that we have recovered already.

The next big move should be next year, we have the bitcoin halving and then after that we might slowly see the bull run that we all have been waiting for.

Don't push yourself if you are not strong enough to survive in the long term if you are under financial stress during inflation. That is the best advice that some people may need to consider, while if they are able to survive amidst price volatility then of course it will also be very profitable for their long term plans.

Holding or trading is a choice, of course not a problem for everyone. Some people take advantage of market volatility to build their portfolio by trading, while others take advantage of it by buying more during corrections. Both of these options certainly have advantages and disadvantages, and should be adjusted to your plan so far. It is not mandatory for all bitcoin users to hold on to their bitcoin long term, it is simply an option for those who are willing to ignore market volatility even if at one time they make a decent percentage of profits.

price will always be speculated and always give at least a little push whether it will decrease or increase, in terms of looking at the market and the current price we don't think there is any indication that gives accurate information that price will be able to spike that high or crash below $20k, price it's still in the $28k-$29k band, and actually we still expect the market to exist

Well, not everyone can keep buying since most people have limited budgets that they've most probably already spent on buying last time when the price went down, but those who can, definitely should keep doing DCA and for others who have already bought and are holding, all they need is to be patient and have some belief.

The price is not below $20k, and even if it goes there, there is no need to panic. We have seen it happen a lot of times in the past and we have also seen it recovering back from that in not so long. So all it needs from the community is belief.

Unfortunately today the price dropped again, the price is around $ 27600, with the current price conditions it certainly makes us worried because the market looks difficult to touch $ 30k again after last March, if May is still below $ 30k then many are pessimistic that this year the market will recover.

In fact, the crypto market is very volatile, so it becomes difficult to predict the price. But when will Bitcoin reach these prices? With this BTC price prediction investors can't say how high bitcoin will be and what the price of bitcoin will be in 10 years, just wait and see. But the cryptocurrency market is expected to bounce back after a rough patch this year cryptocurrencies are making a comeback of sorts.

The thing that makes us happy about the condition of bitcoin is that the price can always come back, even though many are disappointed that the price falls below $30k again but this won't make us panic so the best thing when prices are cheap is to keep buying.

Unfortunately today the market is red again and is already at the $26k level, it looks like investors can't wait for price movements so they prefer to sell, especially since there are many FUDs who say that prices still have the chance to fall again in May.

Yes, as we have no influence over the cryptocurrency market's volatility, our only alternative is to wait until the very end. We can only keep accumulating more and investing in bitcoin in the hopes that it will have a good future for all of us. Price volatility is the process that will lead to the bright future we seek. So, rather than being bad, volatility can actually be advantageous for both those looking to acquire more bitcoin and those looking to sell it.

Lately the bitcoin market has returned to a positive path where the bitcoin price had reached $30k although it didn't last long and dropped to the $26k-$27k area. I see the current performance of the crypto market in good signs despite a slight correction, but bitcoin has the potential to reach a price of $40k this year.

Everything happens for a reason and if the market is volatile so it means that this volatility will be beneficial in both cases like that are dip will be better choice for buyer and pump will be better for seller so every situation has its own benefits and own reasons we cannot say that the thing which happen is wrong.

The current price is more than 26k$ so may be its beneficial for those who don't have buy bitcoin now and want to buy it and perhaps someone have bought it in lower price and current price is maximum for giving him higher return.

There will be more increase in bitcoin price and no one should loss their hopes when the price reduces because price never remains in one state.

Although we cannot know for sure where the market will move, especially the next bitcoin price. But I hope so too. Sometimes a correction is needed to muster more strength to enter an upgrade to a higher level in the next bull run. But today's altcoin market is becoming more erratic. the volatility sometimes on some assets is always the opposite of Bitcoin. although the majority follow bitcoin.

Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.

So true. But for long-term investors, actually by looking at a larger timeframe, the current price can still be said to be a price that is still in the accumulation area. So we don't worry too much about the small movements seen through the larger timeframes. But for day traders, maybe those who always see more movement from smaller timeframes, of course, paying attention to the slightest movement will be very important to do. They can even take advantage of volatility to make short-term trades.

Just like you said, long term investors are very likely to ignore short term price volatility and choose to focus more on much longer time frames while accumulating bitcoin. This is an investment strategy that should work when investors expect returns in the long term, but of course day traders can also take advantage of current market conditions to make some profits.

In the end, all of us have our own way of adjusting investment strategies and plans. I tend to expect returns over the long term rather than for shorter time frames, so it only makes sense for me to accumulate bitcoin and continue to do so consistently for as long as I have budget.

Corrections are very important for a healthy market cycle, because since mass adoption began in cryptocurrencies,
the state of the crypto currency market is really better than 2017-2018 where now corrections are still on a normal path,
different from 2017-2018 the correction in that year was said not to be a correction but as a bubble.

Do you know that many people people keep their hope on increment of bitcoin to come on 2024, but such a thing doesn't happen that way because bitcoin increase due the market demand, bitcoin doesn't on it own increase but it can only increases due the demanding rate, sometimes while bitcoin market go low is when nobody demand higher than the suppliers, so I believe that in bitcoin movement.

We can't say that the current Bitcoin price is on the right track, sometimes the price drops significantly and yesterday is almost under $ 26K, although the market can sometimes rise again but in my opinion the opportunity to drop is still easy to occur, This is what makes us must always be vigilant and often monitor market conditions .

Right now the price is ranging, however there is no way the current market conditions will last forever, at some point the price will have to take a direction and taking into account the historical records of bitcoin then most likely the direction will be downwards, now while this may sound like a bad thing this is only true for those that care about the short term performance of bitcoin, because for those that are thinking long term this will be the perfect chance to buy bitcoin for a low price.

It's called a breakout run, hopefully since we have been trading sideways for more than 8 weeks if I'm not mistaken, ranging from $26k-$30k, at least we should have a movement in the upside.

The highest price that we have peaked so far is around $31k this year, not that high and not that low either. And at least the bottom for this bear cycle has been doubled already. So maybe we could be looking at still around $50k at the end of the year in the upside. At least for me this is doable as usually at the end of the year we might see a good run in the price.

yes i also think the price of bitcoin may go up by the end of this year. but i can see the price of bitcoin is going up and down for several days. now the market price of bitcoin is 27000$. i don't understand the price of bitcoin above 30000$ Why not. Always almost in the same position. I have invested some money in bitcoin for which I am waiting for bitcoin price to increase now.

At the end of the year, $50k may be coming and on condition that Bitcoin is still able to hold the price above $20k.
When Bitcoin has been able to penetrate the highest price in recent months above $ 30k, that is good enough.
The strongest support is still in the $19k area and hopefully, it doesn't touch that price.

The end of the year and towards 2024 which is the year that the 4th Halving will occur, will hopefully have a positive impact on Bitcoin and enter into a bullish mode. We all know that every time before a Halving the price will get better and maybe reach a new ATH.

Bitcoin been on the right tracked doesn't mean it won't have some corrections like as we're experiencing. Bitcoin is holding strong despite all the sell pressure that has happened in the last weeks. It's trying to retest $30,000 again and when it doesn't that it'll continue increasing.

$30,000 is the major resistance, but I strongly see Bitcoin breaking that resistance this month and continuing to increase to $35,000 or as high as $40,000 before the year ends which is why, Bitcoin is on the right track for me.

If it touches that price before the end of the year then we should be expecting some correction as I don't see Bitcoin going beyond $45,000 to $50,000 as the predictions are on this thread. $40,000 is the highest before next year.

But why should we fear if our motive is to hold for long term. We already know Bitcoin’s capabilities. We know Bitcoins are limited in numbers, hence they are very valuable. Now we know that more Bitcoins cannot be produced if the demand to acquire it increases, hence to fulfil the demand the price will go up. So there are high possibilities that Bitcoins will break the record very soon. So don’t get distracted with these small price drops. Just have faith and wait.

If everyone was as optimistic as you are about bitcoin in the long term, then its price volatility would be very low. But the truth is, everyone has different plans about investing and trading bitcoin and why they buy bitcoin. Without volatility, bitcoin is stablecoin, but because bitcoin is decentralized asset, everyone can trade it freely without control.

It's just that everyone should consider this volatility as something natural for assets that are freely traded 24 hours every days. Fluctuations will allow anyone to gain as well as cause them to lose, but due to the high demand for bitcoin and their scarcity, the price will only get higher in the long term.

yes we have to be patient if you have bought Bitcoin at $20k or $25k,
because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.
Relax, the chart shows bullish, so we also have to support it to hold bitcoin.

People are always different in thinking about bitcoin sometimes with a lot of people panicking it can cause the price of bitcoin to go down and people like that are not always optimistic about their belief in bitcoin they will never think of this as a long term investment because of uncertain certainty even though I am myself too still believe in bitcoin with high volatility but when the price is still low it is an opportunity to continue to buy as the best opportunity.

Sometimes there are also those who don't understand the volatility that should be taken for granted, some of them still think that assets with high volatility are dangerous and it's clear that their beliefs are not fully optimistic about bitcoin, let alone with fluctuations that can occur at any time.
The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin will be more valuable in the long term then I will do it for HODL.

Maintain your optimism if you really want to get returns in the long term. The price of bitcoin is very volatile which is what most are familiar with, so you have to be patient enough to wait for the best return on your investment even if there is good news about it.

Less than one year from now the bitcoin halving will occur. Increased market demand is expected, but you have to go through the process because price swings are bound to exist. Price correction is still possible when you analyze the chart, so you may need to prepare reserve budget to buy more if the analysis is correct.

Well, we can't say that because it is basically not on the right track, the price being on the right track would mean that it keeps going up gradually which is not what's happening lately with the price of Bitcoin, the market is mostly going sideways and dropping more than going up, so the signs are probably in the favor of a deeper dip at this point because it is not being able to hold it strong when it goes up a little bit.

I believe it will still take a few months for the price to get back on the right track, it was when the year started but then it started going sideways and correcting itself, and since then, it hasn't been able to recover from that, we may see some change only after 2023 or maybe within it.

Ha just less than a year Left for Bitcoin halving currently we can see Charts & graph had some good liquidity, btc Resistance leval and Volume is looking pretty good it's like trend repeating itself btc at same resistance leval in 2019 a year before halving but still i must say we need to watch some upcoming month to knew better

Maybe we are seeing these green market due to whale buying btc hey that's only my assumption it's look like everyone is preparing before big event but on other side their a lot of things going crypto Company Filing Bankruptcy  and other centralised exchange like mexc is in rumours all such news from last 1 year almost effecting btc price somehow or other

The market is out of track, since March when the hope that the price will continue to rise has not happened yet, the market continues to decline and makes us have to be patient, the best solution is to be patient because if we sell at the current price, of course we will make a loss, it's better to be silent and do something else for example cycling out of town and don't look at the price of the week.

it was when the year started but then it started going sideways and correcting itself, and since then,the market is mostly going sideways and dropping more than going up,The supply of bitcoins will not increase and decrease while the demand for this should continue to increase considering the limitations of this asset so it is very possible that bitcoin and because in June the Bitcoin price can be bullish, I'm sure it's because China will enter the crypto market.

I also do the same as what you do. That is, preferring to take advantage of the long term and patiently holding onto the accumulated stock until the target price is met.

Currently Bitcoin is also starting to experience a correction again since the news of the SEC suing Binance and CZ circulated. and this can actually be another opportunity that can be used to accumulate more.

At this point, we can speculate that the price of Bitcoin is in recovery mode and as a matter of urgency the price need to revive back to somewhere around 29k to 30k to give market speculators the appetite to make some useful forecast because, at the present price, all we can do is just accumulate more and more bitcoins since the price is currently at a discount price compared to the price it was some weeks back.
But we may likely not see that significant price increase in thos months, I don't know what the last quarter of the year 2023 will look like but then also we can't stop but keep predicting well. Market price.

Even though the current price is declining, I'm sure the price will return to the track immediately, of course if the price has reached $ 30k, it can be said to return to the right path, and I'm sure the price of $ 30k will occur in June, now what we think about is continuing to buy And don't panic.

Precisely. Due to high volatility, traders and investors should know when to invest or trade so they can take advantage of the opportunities that this high volatility brings to the market. Otherwise, if we don’t know how to manage the risks and just jump to conclusion with our uncontrolled emotions, then we will always see volatility or price corrections as no good at all since we may end up losing rather than taking advantage and being profitable. Bitcoin is indeed highly volatile, but know that it’s certainly the best reason why we are able to gain exceptional and life changing profits through investing and trading.

Immediately? meaning short term? I doubt that we will remain to or reach $30k though, even at the end of the month. There's too much going on the market right now, for sure you have heard the SEC vs Coinbase/Binance case, if not then I urge you to read about it.  As much as we say that it doesn't have an effect, but as we can see the price goes to $25k again, so it's not a good sign.

However, if we are going to look at long term, then no doubt I can see the price recovering maybe in what we called the -ber months, the last quarter of the year. There could be a good bounce and we might see the price going to $30k-$40k before the end of the year.

As long as the Bitcoin price can be above $ 20k then I dare say Bitcoin is on the way,
but if Bitcoin is below $ 20k I don't know the dump will be more powerful, maybe another $ 15k,
so from now on we should be able to analyze it before buying.

Binance issues are indeed very influential in the market, as we know that the Binance group is the ruler of the crypto market, when there are lawsuits and problems at Binance it will create a big panic, but the good thing is that Binance's services are still normal and I have transferred some assets to Binance for fear of a hurricane like FTX.

It’s always only a matter of time until bitcoin reverts to number go up. Bitcoin is the most impressive innovation of the last 100 years or more, you can put your foot on a water submerged ball for only so long. When you get tired & release pressure, BOOM!

Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?

Speaking about Binance issue, then it would really be just that having the normal approach that we would really be having that kind of thinking or assumption that market would really be in reds specially that

Binance is really that tied up with this current SEC issue which we know that it could really stir up people who are engaging into crypto space. Being one of the most popular platform or exchange that we do have in the market today.Then it would really be impossible that it wont really be making some significant impact specially people would be having those presumptions in mind that arent that good
which it would really be causing up with that kind of panic which it is really that something needs to be stopped because if you do panic then you would panic sell and thats considered as total lost.

Well, it is really that normal on having that kind of impression because not all would really be that emotionally prepared on what would happen on this market. Sentiments and news like this could anytime
pop out specially government does really lave on stirring things up according into their plans and liking. This is why on the time that this would really be showing these kind of news then
it would really be something means bearish.

Bitcoin is truly unique and has far more reliable capabilities compared to other cryptos, although in the last few days binance has had problems causing bitcoin to undergo a panic based correction. But for today bitcoin is back on a much better track from the previous correction process, although I didn't try to analyze how things have been in the last 100 years or so as you said, the hope to continue to make bitcoin more reliable will be in line with conditions continuing into the day This.

Belief has led us to the conclusion that collecting bitcoins is the most appropriate way to protect the value of the currency we have. Let's hope that in 2025 we will see the price as you said and that's when we will get big profits from the Holding that we do for the past several years.

There is always volatility in the Bitcoin market. There is nothing as normal as the rise and fall between the price levels you mentioned. The market moves with its own mechanics. Then, according to your statement, is it good when progressing to 100k and bad when falling to 26k? There will always be volatility. Sometimes high volatility, sometimes low. Bitcoin has been and will be since its existence. These are normal things. While there is a lot of bad news about the market, this way the volatility will be more. No need to worry.

We will always have the idea that Bitcoin will reach 100,000. It is a process and we can experience many different things in this process. But he will eventually reach the goal. Then it will rise even higher.

The problems on Binance will not be the same as the hurricanes FTX has ever faced, so you don't need to worry about that because Binance is only in trouble in certain regions and not for all regions in this world. So stay calm even though you still have to keep your own assets very safe because everyone always takes care of their respective assets even in conditions where the exchange is not in trouble. And now all of the Binance users are seeing and feeling things they probably don't want right now.

    -  Long-term investors know that, actually. Which is where the Bitcoin market will always go back in the track. The only ones who are always affected are the traders who are always in the short-term category.

That's why in the long term it doesn't care if the market falls a lot because it's sure that it will recover no matter what happens. That is also what volatility does, there are times when it is too aggressive and there are times when it is not, it has happened several times. Just hold and add more patience.

Do you think the markets are affected locally when Binance has problems in different countries? Binance US is in trouble with the SEC and the market is negatively impacted overall. The SEC's indictment also includes charges such as listing and selling securities-class crypto assets on the Binance platform engaging in unregistered exchange, broker and clearing activities in the US and failing to restrict US citizens access to Binance.

FTX and Binance had problems for completely different reasons. FTX ignored its users and screwed them up. Binance does not take initiatives to stake its users as it is the global crypto exchange leader. But i would never recommend using exchanges to store your assets. You must have a cold wallet and Ledger to store your assets.

Well, that's a good example you used right there, but it is not really as easy as it may sound when someone says it, there is more and more regulatory pressure building up against cryptocurrencies all around the world, and when there are more regulations, there is less adoption, maybe it doesn't affect adoption to a very large extent but it does slow down the process, so though we all believe in Bitcoin and blockchain technology, I believe it will take time to reach that high.

The year 2025 isn't that far from now, it is only a year and a half and Bitcoin's price is only at $26k at the moment with a lot of fear, FUD, regulatory pressure, bad news, and much more surrounding the market causing the price to go lower than what people were expecting earlier.

Well it sure does feel this way with the bitcoin market back on track. We have been waiting a long time now for this 'bullish' trend and anyone who did hodl their coins are seeing some of the profits back. And some big news for Bitcoin in the news past few days does help with price.

Price of Bitcoin is up 11% this week and more then 7% in just last 24 hours. There is some big factors for this happening. EDX crypto exchange going live, Mastercard filing new trademark for crypto solutions, and Invesco reactivating Bitcoin spot ETF just a few examples.

Very happy to see the green market return, Bitcoin and Altcoin have started to experience a rebound and possibly will break through resistance,
come on Bitcoin! I'm sure June will be beautiful, a lot of good news has also started to appear this month, whoever holds it will be the winner.
Bitcoin has gone up in the last 24 hours by 7%. of course this will continue if the candle shows green on the 4-hour time frame.

$100,000 will be reached in the upcoming Bitcoin bull market but it's not happening this year or next year, if we predict based on the history Bitcoin will surpassed the previous all time high and create a new one, $100,000 is the closest price the market will reach at the minimum.

The volatility of the market is expected because Bitcoin is been traded 24 hours in a day and we don't expect a market that's active 24 hours in a day to stay stable. If that happens then it means the market is been controlled which can't be possible with Bitcoin been decentralized.

The market has already turned green and only those that panicked and sold without buying back during the correction are the ones that'll regret in the future. Whenever there's dip in the market that causes bitcoin to fall, we should not panic as Bitcoin will always get back on track.

It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.

Let’s Go!

Maybe the end of June will be closer to breaking $30,000 it's already very thin at that level I think there's still time where bitcoin can complete its resistance for the next few days and it's been green which is more refreshing to see the market move back up in 24-time O'clock.

Whoever is behind the scenes trying to pump bitcoin which is a positive trend I think it's been quite a good move, we have been able to get past the opponent issue a few days ago which caused the price to drop but luckily the sadness in the market didn't last long, now the confidence is back to further resistance.

Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.

So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.

The bitcoin market is starting to rise now hopefully if the price of bitcoin increases then all other coins including bitcoin will increase a lot. I have no idea how much the price of the coin will increase. But I can expect it to be 40k$ within the year. Bitcoin's  I sometimes feel very bad when I watch the market. The price of Bitcoin sometimes dumps a lot.

Today bitcoin is up more than 4% and maybe tomorrow or the day after tomorrow the price can reach $31k, of course this is a sign that a bull run is imminent, this week it has gone up more than 21% and I'm sure many are panic buying because of the potential price will continue up, right bitcoin is currently on the right track.

$40k isnt really that too far off honestly on which it isnt really that shocking if we do reach out that price for this year. There are other people who are really that expecting more than that but it would be better

if we do have that kind of realistic approach than on expecting with those high prices but not really something achievable for this year.No one really knows though because bitcoin halving is really that fast approaching and to those people who had been able to accumulate on 26k or even into those 15k price point are already making such money or profit as of this moment as the price hit up 30k.
Sooner or later we would really be might seeing this into those higher numbers, we've been moving sideways for a while now and it wont really be that new anymore if there's
some sort of recovery that we do have for this upcoming year.

As the market have bounced from the range around $26k, now people have begun to have discussion that bitcoin could go high above $40k and so on. Maybe this could happen, but considering the ongoing events relative to bitcoin and upon the upcoming halving we can't expect the fast movement at the earliest. To reach the peak price from a higher price point is different from moving from the bottom. In my understanding the price will slowly move within the $30k - $35k range for a longer time period. Even if it drops down to $25k it isn't a big surprise.

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.

Well, Bitcoin bounced around 25k$ almost not in 26k$ as far as I know. This is the resistance so far, I think it will remain like that for a month or so depending on the market condition. So opportunities like this are a good chance to buy Bitcoin if you have extra cash.

So we still can't say if Bitcoin is really back on track, we shouldn't be complacent because we know very well that the market is very unpredictable right now because of its volatility.

The forecast for bitcoin going forward will be sideways and there is no idea about the exact closing price this month, but I think it is most likely around the current price. Let's see how far bitcoin can sustain its current state and if the end of the month holds up then most likely in the next month we will see a price of $35k. Currently the market is more sideways and usually in a lot of predictions and analysis people will tend to see conditions like this will experience another correction and that may just be an analysis that has no certainty.

There is no certainty whether it is currently on a resistance point path to higher prices, but some estimates may not be time and still waiting for the process before reaching the halving, because before the binance case occurred bitcoin was also in the $ 30k price range and the concern might be experience another correction for the future before reaching the next ATH.

Keep your guard down. Nobody knows how close is the bull run. It can happen next year after the halving.
Bitcoin is still fluctuating at $30k, it is not yet gotten to $31k as you expected to happen till now. It's like we are ending the Q2 of the year with $30k bitcoin price. In less than 48 hours the Q3 of the year would commence and we don't know whether bitcoin will increase to $35k or fall below before the end of July because the way am seeing the crypto market for this coming month(July) let it be like a bull trap that many crypto investors will trap into

Well I would like to skeptical like everyone else about the bitcoin market today because any bad news can still affect the price of the market like few weeks back when the SEC was fighting one  of the biggest centralized exchange in the world(binance), everyone saw how the market fluctuated and went so down that got people thinking if we are actually heading to another bear season. But today the price is up again due to series of good news around the crypto world and we all hope its stays that way so the much expected bull will be actualize.

At least, we have seen the market is back to it's normal price, I mean before the whole sideways pattern, the market is around this price, $30,000. But suddenly it slowly goes on a decline from April. And in the last couple of months, just boring sideways pattern.

But now it's different, Blackrock has brought hype to the market again and everyone now forget about the SEC case against Binance. That's usually how the market works on a bull run. So maybe this is just a start of that phase and it will be official once we bitcoin holding is completed. And after that, the market is gaining and making huge rally.

Sometimes to really need to let go of your qualms as far as the market goes, others says this is a bull run, but for all we know, if you look at the start of January, we've been somewhat in a bullish phase already.

We just need something of a push, and perhaps this is all what we have been waiting for the Blackrock ETF that's why the price suddenly went up to $30k. And it might go up till the end of this year.

It is normal for the Bitcoin market to fluctuate. The Bitcoin market will grow little by little as the day goes by as the Bitcoin price was in the 25k range in the current month. But from there we came close to a bit of a bull market which caused the Bitcoin market to touch 31.5k. So when the Bitcoin market is positive we must think it's time to buy Bitcoin.  Because the more bitcoins investors buy, the higher the bitcoin market will be. But soon Bitcoin halving is in 2024 so the Bitcoin market will definitely be on the upswing. Now that the current price of Bitcoin is 30k, buy Bitcoin very quickly.

Nice suggestion from you. However, the minds of investors differ too. wait and see is always used even though they know this is BTC Good Investment. Yach. I think if you have big money I think the rush is not good even though the price has the potential to go up in this case BTC. regarding Halving I'm also looking forward to it.

Isn't it good though to see the price suddenly having a break out run to $31.5 after having it sideways for trading sideways for many months along $26k. We are halfway this year so anything can happen, I mean we could see the price goes to $50k at the end of the year.

But as you have mentioned, Bitcoin halving is around the corner, first quarter of the year so definitely, we are all waiting for it because it will mean that the end of the bear market and the start of a new cycle for us which is the bull run, 2024-2025.

There will still be significant volatility with bitcoin price as it’s still a relatively young asset, certainly in comparison to the likes of gold. Volatility can be your friend though if you know what you’re doing. Regardless though we are in a good position right now, $30,000 seems to be acting like strong support, hopefully not just psychological support. We have successfully retested it a couple of times now though & we are still above it. I think for the next 2.5 years the trend will be mostly up, I’m looking forward to it.

Not always buying earlier or sooner should be considered as a hasty thing, because sometimes some people will also feel sorry when they are late to take advantage of the moment of buying at a low price while waiting for another big moment that is likely to come in the not too distant future. This is a halving where everyone just needs to wait and get through this year with enthusiasm and hard work through anything in order to be able to get Bitcoin at a price that is still very affordable in my opinion.

There will always be people who will be late to buy Bitcoin. It doesn't matter if this person is rich or a normal income person. There is one thing that everyone must agree on is that most of us will not be able to buy bitcoin at the bottom price. So set a price and that's the bottom price for you. Anyway, eventually Bitcoin will rise and become more expensive than the price you get.

I don't think it's a question of whether to rush or not. Everyone's income and expectations are different. That's why everyone has a price set for a purchase. Anyone who thinks it's too early or too late for this purchase will always miss the train.

Set a price and buy at that price. Then wait for it to rise.

Yes, The Bitcoin market is back on track. Because we all have already heard and seen a lot of information about the prediction of a big bull run in Bitcoin, which could start as early as 2024. Moreover, according to the predictions of many major Bitcoin experts and their research, we understand that the Bitcoin market will start moving again and it will reach all-time highs.

What do you mean that we are back on track? Price is just a shade above $26k, and prior to that downward spiral ware somewhat in the $29k'ish so there's a lot of leg room if we wanted to go to that price. So short term, it looks bleak in my opinion or at least at the end of the month.

But if you are looking for long term, or at least as we approach block halving and after that event, then maybe we say that it will be the catalyst for big bull run at the start of 2024. So we just just remain calm right now, no need to panic sells as we should look for the long term here.

How on earth is Bitcoin market back on track, like are you serious about this?
This thread might look old before the dip but you can't tell me that with all being happening it still looks like the market is back. Bitcoin price is running down drastically in the last 5 days if I'm not mistaken, many have been expecting a bump before the end of August but the reverse is the case.
Can the price ever get back to $30k and above again, like within the week?

If you look at the beginning of August, you can see that Bitcoin has not changed enough to return to the beginning of August, but if you look at the beginning of September, the price has now increased slightly but not significantly, which indicates that there have been no changes that could lead to improvement.In fact, if I read the analysis carried out by experts, Bitcoin will not improve this year but will instead experience a correction to a price of $20K.However, what we actually think is to continue buying when the price has not yet recovered and continue to add all the time by holding it until we feel we can make a profit.

I think future Bitcoin will break the rumors and negativity surrounding it and will enter the consumer space. This is another reason why many give the idea to hold your coins and believe in BTC. That's right, the BTC Price in these 2 days of excitement means that volatility has come to reign supreme, at least for now. Bitcoin has an element of volatility about it and that is unlikely to go away any time soon.

Many analyzes predict different things and that's quite natural because people have different views, but you also have to realize that the movements that occur in Bitcoin are quite commonplace so I don't think we can conclude anything from the small movements that have just occurred. .

And regarding experiencing a correction to a price of $20K as you said, I never thought that would happen again, now price movements are happening slowly whether it's a correction or an increase so I don't think there will be any significant movement until we see the price of $20K again .

The positive thing about Bitcoin this year is that it's very much stable in between 25k to 30k for last 6 months. Never I saw Bitcoin so stable in such a small window and this is something very positive. As a Bitcoin investor now I have a feeling that Bitcoin is not going down drastically (as it happened in the past) and this is actually boosting the confidence of people to come and invest in Bitcoin. Price stability is a problem Bitcoin inherit from very first day and there wont be Bitcoin adoption globally unless price gets stable.

One of the most important reasons for bitcoin volatility is that the crypto market is not stable and is unlikely to go away as bitcoin usage grows and many countries around the world legalize it. The limited market size of cryptocurrencies compared to stocks is another factor that contributes to their increased volatility. Since the cryptocurrency market is still relatively small even a relatively small amount of investment can cause significant changes in cryptocurrency prices. In the future people can save money with bitcoin and have no fear of losing value from printing money.

Positivity is coming in the price of bitcoin day by day and there is nothing more beneficial that the price of bitcoin remains stable between 25k$ to 30k$ and hopefully it will rise more than this.

Bitcoin's positivity attracts the crypto user and it may also be possible that the acceptance of bitcoin by numerous individuals move Bitcoin's price towards positivity.

There are many reasons for Bitcoin's movement towards peak among which one is also halving. As four years ago the halving periods was for lengthy time means that the price will be higher again for more months therefore people can easily get their rewards if they understand the market well.

Bitcoin has been in the range you mentioned for a long time. Bitcoin is making ground at this price. I still expect a decline, but it is a very good situation for Bitcoin that the price has been in these ranges for a long time.

Despite many negative news, Bitcoin managed to maintain its place. It continues its solid progress. Even if Bitcoin falls below this price, its recovery will take a very short time.

Speculations and guesses would really be flooding out within this market on which it would really be just that so normal because we are dealing with something unpredictable and its always been like this and this is why it turns out to be a casual thing already when we do speak about market volatility. Why would be saying on back on track? When it did lose of track? On the time that it did make out some price dips and rejections? Haven't we able to realize that it is really just that part of market cycle or behavior on which if there's increasing price then we would really be having also that dropping or consolidation period.

We sould really be telling into ourselves that market is always been like this. Making money or profits with it isnt something simple that we could really be able to make yet we would really be needing to take risks
and make out decisions if you wanted to make yourself do able to go with the flow because if not then you would really be just simply missing out the opportunity on making money and this is what people will really be spouting tons of numbers in regarding the potential price that it might hit in the future. Expect that it would really be a bumpy roller-coaster ride as always.

sometimes small pumps makes people here over expecting mate and yes they think that
when bitcoin move 10-15% is already a backing track because it may change in a matter of time , so what I do realized over the years? is that not unless the coin goes up 30% , it still not a tracking back for it,
and yes how many times that bitcoin move like that since 2021 and yet ? we are sitting below 30k.