Bitcoin Forum

Btc broke 42200 support
Now the target is 39600

it's not a big deal as fluctuations are the only thing which is permanent when it comes to crypto, we had seen similar dip last week and this week the price did recovered and I don't think we will see any massive dump though going below $40000 is pretty much possible and we may see this multiple times until the halving.

I just hope people don't start fud on this forcing investors to panic sell.

Even if it happens to bitcoin and returns to the $35-$39 level then I will continue to buy bitcoin, because previously I felt my provisions for bitcoin halving were still not much, so if bitcoin goes back down is happy news that should be celebrated in December because it is the last chance we can feel at the $30k level.

I don't mind the decline this month and actually want to invite many of my friends to buy more bitcoin because the market is at a good price discount if bitcoin returns to $39k tonight, but I doubt bitcoin will break the $40k level, it is quite strong and will be very difficult to break, unless there is bad sentiment towards the market, it is possible. :-X

Proper reset to bottom of a channel would be about 37k to 35k, consider that similar target but an overshoot of what you expect.   If in doubt reference the 50 day average for a good fair guide to a reset which puts us back but stays in the realm of a rising positive tide of appreciation in the price across the medium to long term.   All the moving averages indicate we are likely to gain over the journey to the horizon though we can certainly suffer a trip and reset in the near term when getting ahead of ourselves.

You want to say that Bitcoin will experience another correction from $42,200?
Corrections can occur and increases can also occur beyond speculators' predictions. I read an article on cointelegraph about what Adam Back said about the impact of Bitcoin ETFs.

If the market has the potential to fall again to prices below $40,000 which makes the support price change, remember one thing that 2024 could be a happy year for many investors as long as they continue to manage risk with patience.
The event that Bitcoin can penetrate the price of $44,000 several times this year could be a strong signal of the potential to reach a peak in 2024.

$100K BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back (https://cointelegraph.com/news/dont-undervalue-bitcoin-etf-influence-says-adam-back)

Honestly, there doesn't seem to be any that has anything like that at all, it looks like we are not seeing "that" much fall, plus we have broken over 43k just very recently with a recover, and yes maybe we are a little lower than that but shouldn't be quite happy about bitcoin at this point? I mean it doesn't really mean that we need to just assume it will go up, but we also do not need to approach bitcoin like we are talking about something that always goes down all the time, sometimes it goes up, just like how it got up to 40k+, so we shouldn't be this pessimistic. I believe it will recover, and it will go to 43k+ very quickly, and it will probably reach to 45k+ not too down the line neither.

Corrections are quite expected in the bull market, or in any market really after the price went straight up. It's still a good time to accumulate coins for the post-halvening bull run, but time is running out, it's better to forget about DCA and buy as much BTC as possible right now. And those who plan to take profits should wait until the price at least surpasses the ATH.

If you have been here in the market for a longer time, you will notice that price fluctuations do happen any time and it's normal for a volatile market like crypto. Bitcoin price will recover eventually, and right now the price of bitcoin is currently at $41k so that's still high if  we analyze it deeply. However, if bitcoin price drops badly, we should still not worry because it could be a new opportunity for others to enter the market at a lower price. We just have to stay patient and try not to be tempted from panic selling, otherwise we will see our investments end up falling and lose our capital.

High fees put pressure on the price significantly. They give incentives because the current price is less profitable for miners, and it is okay if the price drops a little. Therefore, I am not surprised if we returned to testing the support level at $37,800 again, but most likely the price will try to maintain the weekly zone $40,123 to $48,414 before the end of the year.


The Relative Strength Index (RSI) is still giving a bullish signal but eyes are on the calendar between January 4 and 10 for knowing ETF decisions.

It is the time to purchase more BTC if you have extra money to spare or any amount that you want to invest in cryptocurrency. It's more than enough to say that you can get it at a discount for that amount. You would never know how much you can earn but it's still best that you do something about it.

That's why the role of miners also has a role in the current price movement where you have to check the transfer fees when you move your money and calculate if it is still worth it because the BTC price fluctuates wildly every second.


Another one for the calendar between January 4 and 10 with the decision ETFs where if the Volume for exchange is not high enough I don't think it will encourage upward trading movements to support large trades, so stay calm and hodl.

I think Bitcoin will just trade sideways and chop around until middle of January.

They are expecting all of the etfs to get approved at once on Jan 10th or something and this is the last week until Christmas and after that is going to be extremely choppy.

We might touch the $40K because it looks like a nice round number. And it was front run last time when we broke the $42K area and liquidated all those positions.

Who cares?
Probably day traders are the ones that are affected by this fluctuation, but if you're a mid to long-term holder of Bitcoin, why should you care?

Whether it goes below $40,000 by the end of the year, or it goes $45,000, or even though it goes even lower than the target price you shared, I don't even care at all. I've seen Bitcoin's price as low as a thousand dollars already, and I've seen Bitcoin's price going up more than 3x, and I've seen it go down to as low as 70% to even 80%. At the end of the day, BTC will go down like what we are seeing right now, but in the long run, it will go up like what it does every 4 years... or is it? :P

The decision of the SEC regarding the Blackrock Spot Bitcoin ETF will be shared with the public in the 1st quarter of 2024. Expect Bitcoin to go up hard, or to go down hard. It will depend on that decision. :D

There was no strong support at 42k, so a little correct is expected to dig pass 42k easily and talking about 39k support, it is also possible for it to happen. People who should be bothered are short term investors. People who bought when the price was at the region of 15k shouldn't panic, rather they should decide if they want to sell or still hold. But, I think someone who bought once at the region of 15k should be able to sell but someone who has been buying with DCA and the investment has been passive on him can with a little longer.


Well, even if the decision goes on the negative side and Bitcoin goes down hard as you predicted, one good thing is that, the incident will not be the end of bitcoin. Bitcoin will definitely bounce back.

I personally would like the drop to be 10 dollars, yes, 10 dollars! It would be like taking a trip back in time. And take advantage of the opportunities I missed in the past.

It is practically not possible. As soon as the price of Bitcoins falls below 20k usd, there are some whales sitting who buy the coin in bulk and hence increase the demand to accumulate the coins. Now as the demand is high and we know that Bitcoins supply are limited, hence the price again goes up and this cycle continues. So Bitcoins cannot fall till that much amount any longer. Rather it has the capacity to go up, maybe someday we see Bitcoins at 1 Million USD.

Are you afraid about the new dump that just happened in the market, you don't need to worry yourself about the new dump but just try to know that the market will surely recover soon before the end of this year because, the $50k is not too far before it will start manifesting to investors target. Don't forget that we are still experiencing bear run in the market and you can buy and hodl until BTC pump again for hodlers that are worry like you to sell at the rate of $50k or $60k  before the end of december.

I don't think I have anything to worry about in this new dump of BTC $39k because, am fully ready to hodl till the massive bull run occur so that it will give me another opportunity to save more money in my account to embrace the opportunity when the BTC dump in the market.

Have you really thought about the implication of what you just typed? What gave you the conviction that if Bitcoin drops from the current price to $10 that it will recover? I have the feeling that you are still regretting not buying Bitcoin when it was very cheap, so you are desperate for a second chance which if it happens according to your expectation may mark the end of Bitcoin. There is no way Bitcoin will get to such price unless everyone dumps it.

I will encourage you to have a rethink and join Bitcoin now even with any amount you have. You will not be helping yourself thinking you have missed Bitcoin because "anytime a man wakes up is his morning". Where Bitcoin is going is bigger than where it is now...pay attention and it will become clearer to you.

ROFL on this, Who set that target goal for dump?  ;D

Kidding aside, 39K seems like not a support but rather 40K. Price will easily slide down below once 40K broke because it’s the psychological support price not 39K.

I think we might experience worst this month if the price didn’t recover back above 42K for many days.

Sorry but I find this funny. I don't really know why, but maybe it's due to the fact that people say this from time to time, or whenever the price drops even by just some percent. Another thing is, maybe because a person can refuse a certain price, thinking it's still expensive, so they will wait for a while, but the price will only increase and then when it drops a little, they will see that as an opportunity, even though the price is higher than what they ignored last time. Indeed that in investing, we should only risk a spare amount because we don't know what is coming ahead, and we can lose this amount but it's not going to be heavy for us, so it's still fine.

Why do you say that is the target? I would like to know a clearer reason for this because the target of many people now is to see a new ATH in Bitcoin after the halving and now the price support above $40K is a very good thing for this year and is very desired by many people. But if you still want to buy Bitcoin below $40K, don't say that is the next target for Bitcoin because the potential price increase will be more visible after a price correction in a trend like now.

Well, it did not went near 39600 but did reached  40,542$ and it is below from its 2nd last support level of around 41,250$ which I have made on my chart. Well, if it tests it again and try to go below then i think it will hit your target.

It might be for short term period but these 20 days are really risky and short term traders have to be extra careful who are mostly day traders because we might see high volatility in the market till 9th January of 2024 and market will go up if ETF will be accepted on 10th January.

Is that your target for you to buy? With the small corrections that come, you can notice that there's not that much drop at all and this is a good sign. You see those reds but in actuality, we don't see a huge less from the price of Bitcoin. These dumps aren't huge dumps to say.
So, if you're planning to buy when there's a little push back then take that chance and moment to buy before it finally skyrockets again and it's only a matter of time that we won't see these lows again. This is the great thing on these cycles, people are excited for the ATHs but also you have to consider the newer and higher lows.

If the price of Bitcoin falls to $39,600, investors will favor it. They will compete to buy more Bitcoin at that price. They know that if the price could fall further than it is now, it would be a good time to buy Bitcoin and hold it. They probably won't see another low once it rises $45k higher.

So now they are still trying to buy Bitcoin and waiting for the best moment to buy more. Meanwhile, if people panic about the downturn and sell their Bitcoin, they will regret it because it might be too late to buy it again. If you don't want to be late, you can buy Bitcoin again and prepare the money.

Don't be influenced by what people out there say. It's better to analyze Bitcoin price movements to know when to buy Bitcoin again. And don't panic if the price drops further, but think about looking for a good moment to repurchase Bitcoin.

Some time I wish if the price drop will affect the transaction network because currently the Bitcoin network fee is crazily high and we all are expecting the immediate solutions to that problem and if price correction will solve the problem then it would be good to look out for that possibilities,  since the increase in the transaction fees started immediately the price of Bitcoin starts to rise some time ago.

And even history has it that the Bitcoin network always gets congested as soon as the market starts skyrocketing,  so let's look out for that possibility.

But also back to the Bitcoin price speculations,  it is easier to see such a significant price drop when we are expecting an uptrend direction that could possibly trigger up a bull run in the Bitcoin market, many times, how the price is raised is the same as how it correction will go,  today I saw that Bitcoin dropped in price to 2.8% or 3% during the last 48 hours a  same pattern when the price start raisin some time ago,  we start seeing 3% increase and so on,  so let not be surprised at the current realities with the price.

Looking purely at the near term 39k does appear fair but larger time frames will always take priority with greater resistance and volume to those historic patterns.   For the last week almost the BTC price has been trading below a weekly average which does reflect a weaker trend lower.   Nothing too negative as some profit taking is fair and normal at this point.
  I have more concerns when BTC price does not halt at all and rushes ahead, its surely due a trip at that point.   The ideal is to build a slow and steady solid ascent not a rocket which will run out of fuel.

The difference between day traders and people who hold for the long term. Long-term holders have little influence on the price that occurs. If, for example, the price decreases again, this will result in the number of Bitcoins being slightly larger, which is done using the DCA method.
Day traders may feel affected by price fluctuations but still high transaction costs will also have an impact on them.
That's why it's not fun to trade daily.

Of course, this is a more sensible option than spreading fear of falling prices. Some people think a correction is a bad thing for bitcoin, but when they have a different mindset for the long term, then they should do DCA and buy on DIP.

Currently bitcoin price is testing the $42k resistance level on the 4-hour TF, so I am not too concerned that it will likely maintain its value above $41k until today's market close. I tend to expect people to remain optimistic about market movements and avoid panicking for any reason, this is the best way to keep psychology in check in the long term.

What an opportunity to buy again, and there’s no reason to panic because this correction is normal.
Though some may feel bad because of buying at the peak price but that is ok because the market will rise again, what you can do to lower your cost is do DCA and make sure you are dealing with the best coin for this. If you are having a hard time looking for the good coin then you can go with Bitcoin, and wait for the peak price again.

But did we really broke $42k and goes down hard to $39k? Current price is still way above $42k so I guess the OP talk to soon as there's no correction whatsoever although the price might go down on a sideways pattern and then blow up to $45k at the end of the year.

Of course, DCA is our friend, regardless if the price will decline, we will have to used this strategy to accumulate more BTC and hold and then wait for the next all time high. So for now, let's continue to do that or at least up to where we reach the block halving.

There has not been a bitcoin to that price and it is still staying in the $42K range area, I see it going sideways for a long time because it might follow in the footsteps of the previous month even though this is not certain I don't need to worry if there is a decline then it's time to buy as much as possible.

If for example to the target of $40K I will still buy it will not wait for the price below it can be said that this is a good opportunity to immediately accumulate bitcoin during corrections, until now the correction has not broken below $40K, maybe in the future it will tend to go up to $45K.

That's what we hope for but already some investors are spreading fud about the recent fall of bitcoin price, like they never expected it, that bitcoin price will someday its price will decline in a twinkle of an eye from the high price it was few days back.

Without a doubt, I believe we are going to see some panic sellers as the Bitcoin price falls below $39k-$35k before the halving. It does happen that before the halving happens, there will be shakes of hands for people who hodl bitcoin to sell, while many would love to accumulate more bitcoin

Funny enough some investors invested in bitcoin with the hope that it will continue to rise and give them profits based on what they heard about the upcoming bull run. Forgetting that bull run doesn't happen without bitcoin having a price correlation first(it can be this year or next year)

Price corrections are normal, but it's good that bitcoin price failed to test its bottom support again today. Bitcoin price has moved against resistance where $42k has been broken currently. I think people make decisions too easily during a correction, so now the correction target has failed.

As I write this, the price is hovering around $42,600, so perhaps we'll get the $43k break in the near future as well. Of course, this is very possible because negative sentiment in the market is not greater than positive sentiment. Let's look forward to what will happen next.

Of course – there is no reason to ignore the opportunities that arise due to panicked traders in the market other than by accumulating. Today the price of bitcoin briefly corrected to $40,500 - but we have seen it return to $42K on the same day. What can be said; weak hands have released their grip to gain huge profits in the long term. Keep calm - collect as long as you have a budget, better days for bitcoin will come and you will repay that patience with worth it returns.

Does the CME Gap already filled aroun that price range? As we all know, those gaps are where sudden pull backs occur. The market price of Bitcoin will never be too consistent and continuous whenever it is increasing or decreasing. There will always be inconsistencies on smaller time frames but with a clear direction on bigger ones. I say there is still a chance for its price to fall 30 or under but with the slightest chance of taking place right now given that there is still a huge buying pressing.

Is this something to be worried about? If your strategy to accumulate is through DCAing, I don't think the price matter. Anyway, the value bounce back now at over $43k hence before this year end, it's possible that we can see another price increase. So before it happened, take this opportunity to fill your bags.

There are many predictions that the price might surpass its ATH in the coming months (possible after halving). Thus, don't miss the chance and be prepared regardless of your strategy to hold either for short or long period.

are you affected mate? if not then let it go because just after you posted this the price of Bitcoin grows back to 43 k and yes still going up now so you dont have to bother yourself spreading this FUD and yes it did not cover your post that bitcoin will hit that target of 39,600 as it is bullying again now.
anyway thanks for the sight but you failed .

It looks like the OP doesn't have much money, and he better not invest the little he has because if he cares about a small dip in a clear uptrend he is a clear candidate to buy at highs for FOMO and sell at the slightest dip for FUD. You have to understand something called volatility, which in assets such as Bitcoin is higher than in other more traditional ones, and learn to recognize the trend within that volatility. 

good luck with that.


looks to me that we hit 48k by years end.

Yeah I was watching the market yesterday and it looked like we would break the $40K support and head down there as many stops get hit. However it actually reversed.

Today we had lots of positive news with the etfs and we rallied all the way to $43.5k. So completely unexpected turn off events. Would of assume we would touch $40K and reverse but looks like it was front run.

If Bitcoin drops to $10 all you have to do is look for a travel company that provides a time machine and then rent it, Whether Laszlo Hanyecz or someone else's.


Good joke @criptoevangelista ;D ;D ;D.

Yes, $43k it is again, so there's no dump, or just minor dump we see. And it's obvious as there are profit taking. So it's total reversal as what the OP said. But then again, we can't blame speculators to think or want to see the price dumping so that they can enter at a lower price.

But its seems that this December is going to be another good month and we will end this year with a good price, maybe $45k is around the corner. But we will see, seems the bulls are now in total control of the market and they are hard to stop when they want to push the price. And then we have the ETF news, the noise behind is want really keeps the market in the bullish state.

First of all we should know that the markets do not move in a straight upward or downward direction , there are always pull backs along the way. If the Bitcoin is over 40000$, it is in a bullish state and there is no need to panic if it dumps 1000 to 2000$.

This may have an impact on altcoins but for the Bitcoin such miner moves doesn't matter much.

The current Bitcoin price movement still looks the same even though it no longer looks so fast, but it is still in quite good condition because today the Bitcoin price started to return to $43K and even almost touched $44K. I think that this kind of sideways movement would be much better than the split second up or down movement that can happen several times over the course of a day. Apart from that, bullish conditions in the market will continue to occur because not many people experience panic at moments like now.

What will happen if 39,600 reached ? are we seeing better movement till the end of december ?
but it seems that there is no way that  39k will be on the table for a while because the price now comes back
to 43k again and the correction is over , how many times that we need to see pumping and dumping before
seeing the 45-50k  level again.

This week, it can be seen that there has been an unstable movement, experiencing two declines and then an increase. that all possibilities could happen, but will it actually fall below $40K or will it actually increase to $50K?There are only 2 weeks left until the end of the year, and of course we are looking forward to the movements that will occur because they determine when the halving era will begin.However, it is normal that as the halving period approaches, there will be a correction, but perhaps not this month but perhaps next year.But there's no need to worry; you can continue to buy and collect more so that you can later produce something you really desire.​

Yes, the main thing now is that the price falls short-term and buyers do not let the price fall much. It seems to me that 40k is the key level below which bitcoin did not fall and the price bounced back. Hopefully December will be green like the previous months.

Fluctuations take place regularly in cryptocurrency market and the elevated and depreciated movement is not surprised. Price of Bitcoin hit the value of 42k$ and there is a hope that very soon it will gain the target of 45k$. Yesterday there was a slight dump but people were confirmed about the coming upper movement because Bitcoin is facing continuous up and down from origination till coming halving.

The worth will not come more down but if unfortunately it happens then people will not be sad about it but will take advantage of this dump because taking profit from every situation is necessary whether its a pump or dump as both type of fluctuations can give you much more profit but its up to you that are you willing to take it positive or negative sense.

I didn't see $39600 from my chart, rather $40222. However, this slight pullback is not a surprise to me because Bitcoin is long overdue for a retracement after we last took off from $37k and the drop hit exactly at 0.618 of the Fibbo level on the daily timeframe and if failed to do so it's not so healthy for such a trending market because for a healthy market, the trend goes alongside some corrections along the line and in an absence of that, it likely result in a bigger correction and that's how the market used to work. I kind of think we would have further touched $38k level before starting another move up side.

Volatility in the cryptocurrency market cannot be denied, but the current dump can't be compared to daily fluctuations, as the price of Bitcoin has dropped by almost $4,000 at once. Such declines are rare and often only bad news causes Bitcoin to drop this much. Currently, it doesn't look like Bitcoin can touch $45k soon.

Greed has crossed 70 in the Fair and Greed Index, so people can sell. The second is the last week of the year where many people prefer to celebrate holidays instead of trading. If the price of bitcoin falls from here, it will definitely be a good opportunity to buy, but it will definitely be a problem for those who have bought, because they will not have any more money to buy.
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If the SEC does not approve a spot bitcoin ETF in January, then it is possible that a correction of up to $38k could occur. So far many people believe that the ETF will be approved soon so that almost all major corrections will not last long because there will be investors buying more. Optimism towards the ETF and its near halving are strong fundamentals to prevent a major correction this December. I don't have $38k in the dictionary this December, but $45k seems more likely. Sure, correction is necessary, but it won't be corrected that much.

Sometimes I wonder why we use terms like dump when discussing speculating Bitcoin price at some point and this is far from what it suppose to be and we should move away from every form of assumption when we want to make such comments,  although it borders me less because those who make such statements are all newbies and that shows their level of understanding of the term,  as we all know that some of the newbies may have been used to the term dump since their involves so much with shitcoins which have affected their overall mentality.

I am sure no old member will use the word dump on Bitcoin since the fall in price is nothing close to making a conclusive statement,  at most we should see the market drop as a correction point for the next phase of the market and even as the price of bitcoin have made less than 4% down in price,  it did not take long before then Price recovers back and it has touched the 4% uptrend within the last 24 hours,  so that shows that Bitcoin shouldn't be consider as a dumping coin at anytime.

Fluctuations in price are normal in cryptocurrency as the price of Bitcoin is already going up and down all the time. Since it is a short bullrun, the price will not last long. But in 2023, Bitcoin price will be between 40K and 45K for now. So Bitcoin price is still at normal level and there will be very little chance of downside.

how come you are so sure that we will stay at 40-45k level ? remember that there aer still 10 days left so things may change as strong positioning at 43k is now in the scene , so what could be the possibilities of maintaining that 45k ?
some says it may cross 48k or others says up to 50k is possible .
That is a dream that will never happen , if bitcoin will fall back to 10 dollars then surely this is the end of cryptocurrency era, bitcoin falling that low means nothing that we can expect so best to leave as well.

31K target ~60 days time frame.

Honestly in 60 days it can either go to $31K if the etfs are rejected or it can go to $50K if they are approved. It’s hard what will happen in the short term though.

During the NY session we got tons and tons of etf news and yesterday we had that bitcoin etf commercial. So it’s hard to be bearish at this time. However you know how it is. All it takes is a rejection of the etf, mt gox coins moving, ust moving, etc and the trend can change.

The Bitcoin market continued to decline for a short period of time, dropping from $43,000 to around $40,000. But now it has picked up speed again and touched $43 dollars again. We can definitely say that Bitcoin market never stays at the same place again and again, but its price and location changes due to which we can definitely profit from Bitcoin. Since we are in a much better position now than we were before, Bitcoin has the potential to grow even more in the future. Hopefully, 2024 will see the Bitcoin market grow a bit more and see the introduction of new ATH.

We need to understand something about Bitcoin dropping from $42k down to $39,600k, like why should we consider it a dump according to your topic thread. Since the bull run started Bitcoin has never dumped rather it has become highly more volatile as the price goes up and down consistently even within a blink of an eye.

Currently the price of Bitcoin is higher than $39,600k but still lower than $42k do will still call it dump? No we don't, the market is doing what it does best according to the flow of Demand and Supply. It is left for us to keep accumulating and increasing our portfolio.

if this is going to happen? then I am ready to buy more lol because 31k is the lowest we can have in our days now as bitcoin will surely never drop below 30k ever again not even there is another Corona Virus  ;D

nice speculation , what if bitcoin cross above 45k then your prediction will be completely wrong  ;D

I see that there is a small demand in the $39600 level but I couldn't find it to be a confirmation that the price will going to reverse when it broke. We are still in the bullish trend now, and still waiting for a reversal confirmation in 4h/1d time frame. I believe that price would possibly hit the $38k and could be a reversal confirmation if there's a breakdown on that level. But for now, the price is currently increasing possibly takes the buyside liquidity and stays on that weekly supply.

Since the price is always looking for a liquidity, breaking the $45k level would be very possible but it's quite risky to invest now, it would be better if we wait when the retracement ends before we buy.

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

We are not new to such price movements in the market. There will definitely be a correction, and that's where the other experts are having different speculations about Bitcoin. Every trader has his own prediction that can be made. Now, it's just really different in the way we say it.

Because there are many tools that can be used to determine if the price will go down or up, since the market is unpredictable, all the technical or fundamental analysis will be different, but everyone knows one thing, and that is that bitcoin will really go up as expected by most.

And just when we thought that the price is going down because of the correction that we have seen, the price moves on the opposite direction. And as base on previous years, when we are fast approaching Christmas, the price seems to be increasing, but what we should be looking is the end price, could be $45k at the end of the year.

@gunhell16 - I don't know who are the experts though, because as far as I know, there's none, everyone can make their own predictions in this market. And as you have said, it's very unpredictable, very volatile. And we can take advantage of it's volatility in whichever way we can, (but at dip, or sell when the price goes up momentarily).

I'm not sure, but it seems to me that 45k before the end of this year could happen sooner. It's possible that the current rise is due to expectations of a new bitcoin etf. There is no definite date yet when the resolution of this issue will happen. Probably the growth will continue until there is a concrete decision.

If we look at the price changes, there is a possibility that $45k could happen by the end of this year. But everything can change if suddenly bad news comes and affects the price. It will also make people panic and think something will happen to Bitcoin.

That could make the price unable to continue its increase and will make the price decrease again. But hopefully, that doesn't happen, and the price will continue to increase according to predictions. And it seems like there is a price war in the market because the price changes are seen to be faster than usual. But I don't know, we can only predict.

Yes, there is a possibility that this increase is due to Bitcoin ETF so that the price can break $44k. We just hope that the price can continue to increase even though a correction will come in the market.

Some speculators have said perhaps that the bull run might have started with the way that the correction from $39k back to now 44k happened. The market volatility is beginning to get high by this December and if that closes this way on the high it will mean a very positive growth for next year before halving. I believe it is still time for DCA.

The good trend will indeed continue in the current market, because the increase in the price of Bitcoin which has been seen again after a small correction in the market has made Volatility more positive and also made the desire of many people to continue to get Bitcoin before the price increases further. Bitcoin price movement today is also quite positive and I am also waiting to see the $45K level at the end of this very happy year or before celebrating the new year.

The price of Bitcoin is on the rise and has recently surpassed the $44,000 resistance level. BTC is currently in a strong uptrend and could potentially continue its upward movement beyond $45,000. I'm personally looking forward to the bullish momentum taking charge.

In case of any corrections, it's expected to contribute to sustaining the overall bullish momentum.

Back above weekly average in the last couple days, good recovery.  42k was the low that mattered, if we continue to maintain that we might even attempt to dissemble the resistance above and gain further.   If we find no further reason to check lower prices this makes BTC very positive in trend, I do think we need this month and the weeks after that to confirm we have a good movement in continuation.   I wouldn't doubt BTC is positive at this point only that this was really not much of a pullback at all.
   The gradient of the last couple months has been far faster move up then the rest of 2023 where some doubted we were even gaining as it varied from positive to flat.   I always doubt the more aggressive gains and look for a reset but it doesnt have to happen, we just have to be watching for it anyway imo.   Daily lows since Dec 11th, thats the line we need to not cross basically, do that & we keep the faith.

If you can exercise patience with your hodling before the end of next week, you will surely see the price that is your target that will make you to sell your BTC to make profits because, the price just rise to $44k few hours ago and the green light is still on to encourage investors. Short team hodlers always have it in mind that the price will not reach $43k before the price will fall down to $20k for them to buy to prepare for bull run not knowing that the price of BTC will not go down more than $40k before it will hit back $69k.

This is an evidence that next year will be a good season to investors because, the market price has taken a good step that will make long term hodlers to begin to sell their coins next month to make money they have never make before over two years.

People are in good shape right now regarding on their speculation towards BTC and they really think that it could reach to the figures you said or maybe we can really see it break at $50k. I'm also or maybe the right word to say here is people look forward to see more from bitcoin since they are looking to see a huge bullrun event that has been waited for long time by majority of crypto holders.

We can expect some correction since for sure there's no sustainable pump gonna happen and we can see bitcoin price fall, but what good thing there is maybe we can only see small correction then bitcoin price will continue to climb up.

Definitely everything looks great from out perspective, last year was very different though. But if we keep our heads high this year, we might be looking for a big profits already. Nevertheless, we will going to hold even if we reach $50k, we should be looking at the long term.


Correction is one way to us to go and get into the market and enter at a cheap price. Others might not like to see the price going down, but for smart investors, it's a great opportunity again to accumulate and stack up sats.

It is natural to think like that and hope to see more changes in Bitcoin, because now everyone will see a pretty good moment and it is indeed time to think about bigger things through a good moment in the bull market path. But this year I don't think Bitcoin will go straight to $50K, unless it's only $45K because that number is more logical for everyone to expect.

I also think that a small correction will not have much influence on the amount of profit that many people can get, although everyone might also be quite happy if they had the opportunity to buy when the price correction occurred. Because when the current price improvement trend continues, of course the potential for Bitcoin price increases can also continue without a larger price correction.

I do believe that it will go on strong and people will end up being careful about what they do and will make something that would be even bigger. I think 45k before the year ends would be awesome to see, it would be another wall down and we would have open field for the 2024 start. I am not saying that it will go on even higher after that, we do not know what will happen but we could have some differences and we need to be careful about it for sure.

I understand that it is not going to be easy to handle it all, but we need to make sure that it can be done one way or another. I believe that we need to make it work eventually and should make it change something in the end. Just focus on how much it could increase and invest accordingly.

Resistance is around $44k-$45k for this year, still good price though, isn't it? Last year was very different for us, but we all know how bitcoin market does though, it will bounce back and that's what we have seen this year. So it's awesome although we have some issue like the Mempool clogging because of the ordinals, but that's another thread for discussion.


Or not over think it, just go with what we know best for us, continue to accumulate as time goes by, or look for the long haul, go and stack up sats and wait for the bull run. That's always been the plan for some of us and it's a strategy that never stop to work in our favor as bitcoin investors.

The market almost experienced a correction below $40k but market conditions still maintain resistance in the $40-44k range so far, market conditions are positive for holders as the price returns to $44k with a potential increase of $50k by the end of this year, I don't think the mempool clogging is a negative impact because it does not affect the price of bitcoin, the big news of halving awaits next year and surely the price of bitcoin will skyrocket in the first quarter of next year, we will soon see the market will increase significantly and the market is ready to reach a new ATH.

Bitcoin proves many like the OP wrong and keeps the uptrend going when it has its own uptrend momentum. If Bitcoin can break this resistance, which is now in an important price range, we may see another huge rally. So now it's time to see what price range Bitcoin ends up in this year, which will signal how Bitcoin will perform next year.

Because I expected this kind of performance from Bitcoin since it successfully broke the 31000 resistance.

Corrections are rather deep, but it seems this is a generally bullish season it can't really fall too hard. Recent corrections have indeed cut through $42,200, but the recovery follows quickly. I think the price never really fell below $40,000.

The level of volatility has increased a lot in the past days. From $44,000, the correction could pull the price all the way down to the $40,000 level. And then it recovers and gets back to $44,000 only to face another deep correction to $40,000 level again. But it just bounces back from there.

Bitcoin actually deserves to fall, it deserves to face the law of gravity since it had a very huge buy in a short time. Imagine, over $20,000 in 4 months, there is nothing wrong if it sheds at least $5,000 in the name of retracement, that is how the market works so that it can later continue its trend to even launch higher than before, that's if it can preserve the bullish trend. But the situation is a bit different now due to the FOMO and FUD and strong bullish sentiment in the market. Not enough people are willing to liquidate their positions for now whether it is temporary or permanent, this is why the market capitalization of Bitcoin has held well above $800B for so long, and this might continue to hold until very bad news happens.

As for the bearish speculation of late, it is a good view by all speculators who attempted it. The market actually confirmed the short-term bearish trend and I even saw it early and also profited from it. Only that it never lasted so long when the news of Argentina accepting Bitcoin and other altcoins broke out. This has afterwards returned the market on the bullish path with the positive price action trying to return to the weekly chart having completely overcome the daily chart again. As it is now, what can overpower Bitcoin and the prevailing sentiment is for the weekly chart to have two consecutive bearish candlesticks, and there must be a weekly close in both situations for this to happen. This will weaken the FUD aspect and make Bitcoin fall a little bit. It attempted it lately, but let's see what it will do between now and the first week in January.

Maybe until next week, the manipulators and the whales are trying to make Bitcoin reach a price value of 48k to 50k each. Because the movement of the market is quite aggressive now, to be honest. We know that when that happens, the top altcoins also react in the market due to this style of Bitcoin's rise.

And then, at the beginning of next year, there will be a breakout in the market, and we should also be able to keep up with it before it has a continued increase in its value again in the market, where a lot is expected in this regard.

The market behavior is going well, but if we look at the history, the chances of the market going down in the month of January are high. Currently, compared to the progress we are seeing in Bitcoin price, the price of other coins in the market is moving very little.

 If there is any good news about the ETF at the beginning of the next year, then there may be a breakout, but in the case of a rejection, there may also be a breakdown. Therefore, one should be prepared for both cases. However, nothing can be said with certainty, often when we consider the market to be bullish, the market falls.

The price is ranging between 42000 to 44000$ at this moment. I think the price will continue to range within this range until we have any bad news like ETF rejection or any other big exchange hack and then we will come below 40k.

On the other side and the positive side and the more likely equation is that the ETF will be approved and then the Bitcoin will break this range upside and move towards 50k and then towards the all time high.

People doesn't understand that bitcoin price doesn't go strictly or directly for increment at same time, it's obvious that when the prices and it takes correction by falling, it's clear that falling and rising is one of the things that makes the initial value to ascertain to get more stronger but people who is myopic for cryptocurrency price regulations will be very curious or panic to sell, and that's what makes some people to lose in bitcoin, so therefore bitcoin price don't be constant and it doesn't continously rise, when it rise and it also falls to balance the market.

It is normal for Bitcoin price to be lower and higher, because Bitcoin price was higher in the past, but has decreased since then and currently is 15.5K in January 2023. But from there, the price increased in just a few days, and by the end of 2023, the price of Bitcoin has reached 44K. And it's a small bullrun that makes it normal for bitcoin prices to go up and down a bit. The Bitcoin market fluctuates due to the buying and selling of Bitcoin holders. So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

You and investors have seen how the price of Bitcoin has fallen and risen for a full year now so it is natural that at the end of this year there will be more investors to invest in Bitcoin and also make traders continue to be enthusiastic in seeking profits through Bitcoin. But now what everyone really hopes for is market trends that can continue to improve and transaction costs that are no longer expensive so that everyone can be quite happy when making transactions via Bitcoin to any exchange they like.

And it just shows how Bitcoin market is right now, it's full of investors looking to make profit. And with that huge tx fees, it's no longer viable for a small payment scheme sad to say. But it is what it is for now, store of value, an assets it will still give a lot of benefits to us. Just how time flies though, I still remember why back 2017 or even further that I know I have some Bitcoin. And now the price looks very good and making profits to everyone that has been in the market for many years. As for the dump that OP is talking, no, investors is very smart right now to push the price below as the sentiments this month is really very positive and bullish.

I don't see how high fees can make blockchain more attractive. Probably any of us don't want to pay a $10 fee to make a $50 transaction. Right now it is very profitable for miners, but not for regular users. Hopefully this problem will be solved. As for the price drop, I don't think it will happen this year.

The price of bitcoin was dump by 4000$ but now you can see that price again is in green line therefore don't be afraid of fluctuations and as it is again in the range of 43k$ so very soon it will also touch the value of 45k$.

Declines are not rare in crypto market because you will have experience that the year of 2021 and 2022 was very bad years and bitcoin price was the lowest one but those who have firm believe about its upward movement did not say any bad words about it and now they are in profit.

There will be no one who is not in will of buying bitcoin but it is a matter of money so if someone has money they will definitely buy whenever dump occurs but when price goes down in coming year for few days then instead of interest in bitcoin they will not make investment if they don't have money.

At present transaction fees are very high due to which users are in great danger. Those who specifically employ B in the DCA system face the most hurdles as transactions tend to be smaller in size. For the current time such high fees are a bit dangerous for the users.

We can't blame the miners, they just mine the block and if someone is willing to pay high fees to get their transaction first, then they will accept it. The blame is with the loophole that the Brc-20 developers takes advantage of, that's why the mempool is so clogged right now.

And so it affected us, specially those regular users or doing some DCA along the way. Even signature campaigns here have suffered as well as manager have to pay high fees and it's not an assurance that we can get it on the next block.

It has fall back to $42K few hours ago but that is not a challenge for hodlers in this season because some researchers has come up with some positive sign that is giving people joy to use every single opportunity to buy BTC and other potential coins to hodl till the actual time for sale come.

 If you don't know, you better know it now that this is the last bear market we are going to experience before the bull market will occur for those that bought when the price was low to use the period to take some massive money from the market.

$43,000 just to be in the safe side, I saw it going as high as $43,500, so we are still somewhat bullish for this month. January ended with a small but positive dildo but I think that is good enough to the market to see that we are in the green.

Maybe we are in the tail end of the bear market, but if you look at what is the lowest low for this bear cycle at $15,000, you will see that we have grown so much, more than 150% already. And then after the halving, it's obvious that we will be in the bull run, and it's just a matter of how big the price will be, and what will be our all time high, it could be 2x of our last one or even higher.

Now the price of Bitcoin has returned to $43K with a range of movement between $42K to $43K at the beginning of this month so everyone will probably continue to take advantage of the current conditions to buy Bitcoin before the real bullishness occurs in the market. I also think that this year's period for Bitcoin will be much better than last year so it is still worth it for everyone to buy more if they have the desire to take out some money through better market conditions later.

Yes it was 42k$ but now again it attained the worth of 43k$ which is a sign of Bull season and also it guarantees that after each dip the bitcoin goes to more higher worth which refer to the fact that bitcoin is real currency that is not effected by any bad news for longer time.

Every Fluctuation is a new opportunity because with the help of DCA we can easily take help from it and we will be profitable if we buy bitcoin with the method of DCA. It was 39k$ in previous month but it is good news for all of us that it does not go further decrease and attained its possible increasing price once again.

It is normal for Bitcoin price to go up and down, the more up down, the more profitable for investors. The lower the price of Bitcoin, the more bearish investors will invest, and the higher the price will rise, the more profit taking investors will sell. So now Bitcoin is most in demand in the current market and its price has reached $39 thousand and there is a possibility of further decline. A dip in Bitcoin price before the halving would be the most profitable investment opportunity.

Not every movement has to be bull or bear, sometimes we can consider the price moving sideways and we could say that this one could be one of those. I understand that it may feel like it could look a little different if you are not careful, but you need to consider that as a possibility.

Life in crypto is quite volatile and having some sort of situation that has to be a little different in the end. I get that it is going to be a bit different, and I get that it is going to cost people a lot, but that doesn't mean that you are going to end up with bull or bear each time it moves. Stable/steady is the current price movements, just 1k up or down doesn't really mean much, and it will probably not be something all that big.

Currently, it is at $53K, after staying in the range of $50K-$52K for a long time. Of course, this is good news for the increase in bitcoin, where it was predicted there would be a correction, but instead it continues to increase again. Will this continue to improve until the halving period? And only corrected after the halving period, before continuing to move to reach renewable ATH until 2025!!!
Obviously, you are right that Bitcoin is currently better than last year, but that doesn't stop everyone from wanting to buy and hold it, because Bitcoin continues to improve.

Bitcoin price dynamics seem very natural to me. Bitcoin was between $39k and $43k at the time you posted. However, in just a few days, the price of Bitcoin has reached 57 thousand dollars. This is actually a pretty normal thing to do with Bitcoin. Before the halving, I think the price of Bitcoin will cross $1000. Bitcoin had already crossed $69,000 a few years ago. And in 2024 this year Bitcoin halving has come. The popularity of Bitcoin in cryptocurrency is increasing day by day, people are investing in Bitcoin day by day regardless of whether the price of Bitcoin increases or decreases. I also personally prefer investing in Bitcoin the most.

Bitcoin halving has not yet happened but is expected to happen in April 2024.

Not just you Bitcoin price dynamics do not seem normal to anyone because no one can accurately understand when the price of this coin will increase or decrease. Currently the crypto currency market is having a good time now all the coins are increasing in price mainly these coins are increasing in price to increase the price of Bitcoin to a high extent. Bitcoin has hit a high of $57,000 this year. Many are predicting that Bitcoin will hit $60,000 by the end of February and even surpass the all-time high of $69,000 before the Bitcoin halving.

After breaking through the crucial figure of $53K, overnight it was able to reach $57K and, of course, this is something that could be said to be an extraordinary increase. Bitcoin before the halving seemed to have started to improve, but I didn't expect that before the halving it would reach $100K. Just being able to break through the last ATH was already a surprise in itself. Although predictions may not be accurate and there is always the possibility that this could happen because bitcoin always continues to provide surprises.
I think everyone is the same as you that Bitcoin is the best investment because it never disappoints its holders, so they can continue to make profits, but they have to be patient and not panic quickly.