Bitcoin Forum

Economy => Speculation => Topic started by: kentrolla on March 29, 2024, 07:34:14 PM



Title: Bitcoin way forward - Towards $100k or $50k
Post by: kentrolla on March 29, 2024, 07:34:14 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: NeuroticFish on March 29, 2024, 07:37:14 PM
What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

With halving being less than 1 month away and with the influx of money from ETF... I don't think that 50k is possible any longer.
Of course, don't take my word for it, my crystal globe is broken.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Wiwo on March 29, 2024, 08:29:36 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
At the moment,  I think bitcoin will do  more of a stable movement that is a frequent correction and with little percentage price movement that will be between a 10% gain or drop at each point, that is that bitcoin is going to rely around the 70k-71k+at most up until the next halving and then after we are going to see a major market break out which will mark the anticipated bull run market which bring in new all time high.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: salad daging on March 29, 2024, 08:49:35 PM
Not sure bitcoin will go to $50K this will soon go to halving then a good trend will come to affect the price of bitcoin by heading to $100K, although no one is accurate in guessing prices but we know the future with halving in April so that is the benchmark for many people to estimate the price of bitcoin.

Not without reason bitcoin to $50K or even $100K but there is a foundation behind it one of which is several other factors that affect it then it will feel $100K will soon even at the end of the year or sooner I think.

Suppose a bad scenario where the price of bitcoin plummets to $50K then it's time to buy, with the halving narrative going away a bit, maybe but then again I'm not sure about that.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: goaldigger on March 29, 2024, 09:07:31 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
When you do analyze the price trend from the previous halving, you can see a significant drop right after the halving, so I think the price will rally to the price of $50k for now but after that Bitcoin will have it’s momentum again to reach for a new peak. There’s no assurance in this market so better to always have your target profit so when you do have the chance, you can at least secure a good profit.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Falconer on March 29, 2024, 09:11:05 PM
-snip-
With halving being less than 1 month away and with the influx of money from ETF... I don't think that 50k is possible any longer.
Of course, don't take my word for it, my crystal globe is broken.
Of course, I'm as optimistic as you and no longer expect $50k to be tested again. Prices may fall due to high selling pressure, but if ETF fund flows and FOMO due to the halving increase, prices will become more expensive.

You are certainly right, they should do so at their own risk instead of swallowing whatever others say here. Nothing is certain although many people believe that prices will be higher. No one knows for sure what will happen next, each must do so at their own risk.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: d5000 on March 29, 2024, 09:35:23 PM
My best guess is that we'll see new ATHs soon (in the next 2-3 weeks), but still not reach $100.000. Once the ~73.000 ATH are broken, we could see a relatively fast move up to the $80000 region. But I'm unsure if it will go much higher before the halving.

I still expect a deeper correction near or after the halving, which could lead BTC to $50-60k again, maybe the old ATH (69k) will act as a major support but that is already perhaps a bit too optimistic (from a bullish perspective) and I would expect that only if the price reaches $90k before the halving date. After this correction, I believe the bull can take over again, bringing us close to $100.000 or even a bit higher (my personal estimation for a 2024/25 high is around $130000).

Reason for this outlook: the 2021 bull run had a similar phase in the first half of the year, when the old ATH was already broken but the price evolution got increasingly unstable, with several dips and later a much larger correction after May. Then it recovered and overtook the old high.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: aoluain on March 29, 2024, 10:58:49 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k

I'm not sure a drop back to $50k was realistic, actually a big drop back to that was
more of hope by some.

The general thinking/expectation/consensus is that we are really heading in one
direction and thats further away from $50k. This current Bitcoin phase contains
the halving, its a bullish season and coupled with the number of ETF's will
only amplify that, so yea $100k becons.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Jegileman on March 29, 2024, 11:34:28 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

We are yet to experience the halving event and it is already coming closer daily. It has always been a path and manner that bitcoin always exceed the ATH after the halving event and this time around it didn’t happen like that. I was expecting a big correction of the market to go down that $50K mark before the halving and eventually crossing back the previous ATH, the newest ATH and then then rally up to the point which a new ATH will be. I might be a little incorrect with my speculation but since the halving hasn’t taken place, things could turn around and still witness this before the halving takes place.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Bravut on March 30, 2024, 01:22:21 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Currently bitcoin price is $69K. I see $60k as a strong  zone and wouldn't likely see price dump pass it, though we can't predict but surely price will drop again but bitcoin is gaining much for the past 3 days now.

The way forward is towards $60k before $100k.
What ever outcome just get prepared and accumulate the fuck out of bitcoin.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: peter0425 on March 30, 2024, 01:36:04 AM
Surprisingly, I think bitcoin is closer to hitting the $100k mark than the $50k one.

$50k is now a little far because the market dropped to almost $60k but rallied back up again which defeated a lot of people's hopes and dreams of hoarding once the price drops down. Halving is just almost an arm's length away and we shall expect the price to increase more from now on


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: adaseb on March 30, 2024, 05:08:09 AM
I think we might hit $50k compared to $100K in the near term. You need to understand that the entire economy will burst soon but nobody knows when. When people are dumping stocks, crypto will also suffer. Question is whether this will happen in the next few months or will it take years.

We can still break ATH but $100K is still a long way away. $50k is much much closer at these current prices. And it all boils down too how the flows will be in the next few weeks. Last week was positive but week prior was negative.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Don Pedro Dinero on March 30, 2024, 06:16:57 AM
I think this thread is missing a poll. I too think we are more likely to go to $100,000 than $50,000. The halving, the price trend, the fact that we are already in bull market makes it more likely. But obviously I wouldn't bet my life on it, as on the evolution of the markets it is impossible to predict accurately and the price of bitcoin is even more difficult in my opinion.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Marvell1 on March 30, 2024, 08:32:52 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
I think bitcoin will continue to rise as the halving gets closer and closer to us, but I don't think bitcoin can reach $100k so soon. I predict bitcoin will reach $80k and then there will be a correction towards the $50k level you would expect. I don't believe bitcoin can go to $100k without any significant correction.

But we should not rule out the opposite scenario because while everyone expects bitcoin to continue to increase in price from now on, the market could also do the opposite of what we think.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Yaunfitda on March 30, 2024, 10:24:07 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Isn't it the next target will be $80k? and then followed by $90k towards $100k? At this point I don't think that Bitcoin will go down to $50k or reach $80k. To be able to get to the next psychological barrier, we will have to reach the halving itself. And then after that, the official bull run will commence and everyone is talking about 6 digits for this year. So all we need again, and we can't stressed this enough, to have patience and then just continue to accumulate even in the bull run as we can still squeeze some profits when we reach the top of the cycle next year. So with that, no $50k, it's too big now to see a downward spiral unless we heard some bad news. But with institutional money flowing it, most likely we will remain at $70k'ish level before the halving.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Kelward on March 30, 2024, 10:54:33 AM
I think that because Bitcoin halving is just in a few weeks away therefore I don't see a major price dip of reaching $50k before it happens, price can fluctuate slightly but after the halving, we'll begin to see a progressive price pump to bull run. I'm quite positive that we'll see price that can surpass $100k by the end of this year, and in the peak of bull run I'm looking at price reaching $200k at a new ATH. The Bitcoin ETF will make us to see a massive bull run in this season, the test of it is reaching a new ATH before halving, so it's not too late to keep accumulating.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Nrcewker on March 30, 2024, 11:29:08 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
You need to understand that why the price goes up and when the price goes down. Normally the price follows the pattern of supply and demand. As we know that Bitcoins are limited in numbers, hence when more people buy the coin, they increase the demand. Now the supply goes less and hence in order to meet the demand, the price goes up. So currently the price again went to 71k usd just because the demand was high. So if this high demand is kept, then the price will definitely touch 100k usd.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: btc_angela on March 30, 2024, 11:57:17 AM
I think that because Bitcoin halving is just in a few weeks away therefore I don't see a major price dip of reaching $50k before it happens, price can fluctuate slightly but after the halving, we'll begin to see a progressive price pump to bull run. I'm quite positive that we'll see price that can surpass $100k by the end of this year, and in the peak of bull run I'm looking at price reaching $200k at a new ATH. The Bitcoin ETF will make us to see a massive bull run in this season, the test of it is reaching a new ATH before halving, so it's not too late to keep accumulating.

It is also because there are speculators who think that bitcoin will go on a dump prior to the halving. But we have to think that it's a different cycle now. The pattern has change, we've reach new all time high before the halving itself.

And then we have institutions very interested on putting their billions specially with the approval of Bitcoin ETF. So I don't see a $50k but instead we will continue this bull run right after the halving and then we will reach $100k or more this year. But the most fun part is 2025 wherein we see at least $150k as the new all time high for us.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: kentrolla on March 31, 2024, 09:36:00 AM
I think that because Bitcoin halving is just in a few weeks away therefore I don't see a major price dip of reaching $50k before it happens, price can fluctuate slightly but after the halving, we'll begin to see a progressive price pump to bull run. I'm quite positive that we'll see price that can surpass $100k by the end of this year, and in the peak of bull run I'm looking at price reaching $200k at a new ATH. The Bitcoin ETF will make us to see a massive bull run in this season, the test of it is reaching a new ATH before halving, so it's not too late to keep accumulating.

It is also because there are speculators who think that bitcoin will go on a dump prior to the halving. But we have to think that it's a different cycle now. The pattern has change, we've reach new all time high before the halving itself.

And then we have institutions very interested on putting their billions specially with the approval of Bitcoin ETF. So I don't see a $50k but instead we will continue this bull run right after the halving and then we will reach $100k or more this year. But the most fun part is 2025 wherein we see at least $150k as the new all time high for us.

Yes this cycle has been different than the previous ones hence we can expect some new behaviour and from the responses I got and the market emotions it looks positive at the moment which is a good thing, hope Bitcoin crosses $100k as this has been the speculated historical number for a long time and if Bitcoin breaches it then we will see more investments flowing in not only from institutions but also from common people. I have already been proven wrong with my assumptions of thinking history will repeat which is not the case this time hence anything can happen as we may not even see dump or correction.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: thecodebear on March 31, 2024, 10:21:13 AM
OP, not sure why you said at one point it looked like it would dip to $50k, it literally only made it to $60k, didn't even hit $59k, let alone come close to $50k.

Anyway, since that was a pretty decent ~18% correction from the recent ATH, I doubt we see it go lower than that (<$60k) until perhaps bottom of next bear market.

So $50k might never get hit again, or if it does get hit again it'll only be at the very bottom of the bear market in like 18+ months.

But it's not going to go straight to $100k either. I'd say it could take six months to hit $100k, with likely a couple more 15-20%+ corrections along the way.
Right now it's just hanging around at $70k. Could dip back into the $60k's or head back to new ATH's soon. In April I'd be looking for the price to go over $75k. Maybe in May break $80k.

I'd be expecting $100k around end of summer or early Fall. Though it could be later, we aren't even at the halving yet and normally bull run starts about half a year after the halving, but this cycle thanks to the ETFs it started before the halving. But what if the ETFs slow down for a while and are only buying a couple thousand bitcoin a day, and the bullish momentum in the spot market slows down as well, and price hangs out mostly in the $70k's this Spring and Summer until retail finally comes in at the normal time half a year after the halving, and so price doesn't start strongly moving up against to $100k until the Fall and maybe hits it end of the year. I don't think that is likely, probably more likely price keeps moving up this spring and summer and hits $100k by Sept/Oct, but no way to know right now. The cycles repeat, and some things are always similar, but the finer details always change.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: shinratensei_ on March 31, 2024, 03:14:48 PM
i don't believe it will come back to $50k maybe its only possible if bitcoin is getting corrected and we are coming in the accumulation zone again, but I think this current rally that bitcoin having doesn't really have that massive of a pullback to be called correction everyone really excited to bag some bitcoin to enjoy the rally im guessing that what makes bitcoin is kinda strong right now dipping but fastly recovering again.

the fact that there are many events that we haven't gone through yet such as halving and so on probably is the thing that makes many people excited and feeling like buying bitcoin because just in case if the rally truly comes in.
i think we can agree that we are still early into the rally, there will be last big one, because thats just how it is with past market chart.
but no one knows for sure, market is basically full of speculation no one know what direction bitcoin is gonna be taking but hopefully its a good one so that we can be having big profits out of it.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on March 31, 2024, 03:24:23 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
With Bitcoin returning to its current $70K price, it has changed my thinking a bit on the level of price decline, as I think more that Bitcoin can make this $70K move towards $100K rather than a price drop to $50 K again. Because the pressure on the purchasing power of many groups in Bitcoin could also be a reasonable reason to think that Bitcoin's price increase could still occur again in April. But I'm also quite prepared to see a price of $50K if that happens again to Bitcoin because I'm pretty sure that if it could happen again to Bitcoin, there would definitely be more people buying it straight away without waiting for tomorrow.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: LogitechMouse on March 31, 2024, 06:11:13 PM
Quote
Re: Bitcoin way forward - Towards $100k or $50k
Bitcoin will go towards $100K 100%.
That massive dip that happened few weeks ago might be the final dip before the market goes up significantly. That dip gave us another opportunity to accumulate even more Bitcoins as well as other altcoins at a lower price.

I don't see Bitcoin going down to as low as $50,000 at least this year, and with the sentiment being bullish, it's more realistic that Bitcoin will reach $100,000 for the first time ever. Of course, I might be wrong though, but basing on history, the year where the halving event happens is most of the time a bullish year, so I expect the same for 2024, and will be the same for 2025 before we enter the bear market in 2026.

I also believe that Bitcoin will only reach $50,000 price again in 2026 when we enter the bear market.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: BABY SHOES on March 31, 2024, 06:22:14 PM
Quote
Re: Bitcoin way forward - Towards $100k or $50k
Bitcoin will go towards $100K 100%.
That massive dip that happened few weeks ago might be the final dip before the market goes up significantly. That dip gave us another opportunity to accumulate even more Bitcoins as well as other altcoins at a lower price.

I don't see Bitcoin going down to as low as $50,000 at least this year, and with the sentiment being bullish, it's more realistic that Bitcoin will reach $100,000 for the first time ever. Of course, I might be wrong though, but basing on history, the year where the halving event happens is most of the time a bullish year, so I expect the same for 2024, and will be the same for 2025 before we enter the bear market in 2026.

I also believe that Bitcoin will only reach $50,000 price again in 2026 when we enter the bear market.
Confident that there won't be a more significant drop, I will be looking at $100K in the future.

I don't think there will be another moment of sharp decline and bitcoin has exceeded $70K at the moment while for those who bought at $62K the accumulation is quite good, it's just that there are some people with bitcoin down to $62K they want to go deeper as a result it doesn't happen instead the price goes back up again.

Nothing I we can only speculate we are only optimistic that the price of bitcoin will not drop to $50K let alone lower than that, now indeed sentiment is more bullish which is more positive for other trends then this will result in the market continuing green.

Maybe the bitcoin cycle will remain the same, $2026/27 will start bleeding again but that is still a long time away.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: bitzizzix on March 31, 2024, 06:33:39 PM
What is happening with Bitcoin's current movement is just a healthy correction and has become a natural part of the market cycle and can occur due to several factors that you don't need to worry about. Such as profit taking by investors because the Bitcoin price has exceeded the previous ATH, market sentiment, the economy and other factors.
And usually the decline only occurs by 10% and will rise again by 10% and the current fluctuations are like a stable movement.
And in my opinion the Bitcoin price decline will not reach 50K and will probably be more towards the 65K-70K+ price trend, and after the halving the Bitcoin price will tend to rise slowly which will eventually reach 100K or even more than that. And this is just my opinion and there is no need to worry.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Wexnident on March 31, 2024, 08:59:39 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
$100k. The drop wasn't anything surprising imo, it was bound to happen since the entire 2, or 3 months had been a pretty positive constant growth for Bitcoin. Was bound to happen at some point and it happening at the ATH was probably for the best since anything higher would've probably made it crash a lot lower. And now that that's happened, I'm assuming we're going to see a slow rally once again towards $100k. The assumption of $100k by the end of the year still looks like it's holding strong imo.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: BITCOIN4X on March 31, 2024, 09:31:01 PM
~Snip
With Bitcoin returning to its current $70K price, it has changed my thinking a bit on the level of price decline, as I think more that Bitcoin can make this $70K move towards $100K rather than a price drop to $50 K again. Because the pressure on the purchasing power of many groups in Bitcoin could also be a reasonable reason to think that Bitcoin's price increase could still occur again in April. But I'm also quite prepared to see a price of $50K if that happens again to Bitcoin because I'm pretty sure that if it could happen again to Bitcoin, there would definitely be more people buying it straight away without waiting for tomorrow.
Only people who missed the train predicted the price of bitcoin would fall again to $50k, while others predicted $100k. I'm not sure about $50k in these bullish times, but anyone can wait for that day with preparation instead of hesitation. But rest assured, a halving is more likely to trigger a price increase than a major drop to $50k, so don't get your hopes up.

People will buy along the way, they will do DCA, do accumulation to increase their portfolio. I am optimistic about an increase, not the other way around, even though a price decrease is still very possible.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: hatshepsut93 on March 31, 2024, 10:47:46 PM
Upward trend seems to be more likely than the downward one. Keep in mind that the halvening itself is typically a sellf-the-news event, but this cycle already broke one of the trends that the price reaches the ATH after the halvening and not before. And the strong upward movement with only small corrections is also different from many previous upward trends that had huge corrections. I still think we'll see large and painful corrections but much later in the bull run when the price will be closer to $100k.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: mirakal on April 01, 2024, 03:22:06 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k

I'm not sure a drop back to $50k was realistic, actually a big drop back to that was
more of hope by some.

The general thinking/expectation/consensus is that we are really heading in one
direction and thats further away from $50k. This current Bitcoin phase contains
the halving, its a bullish season and coupled with the number of ETF's will
only amplify that, so yea $100k becons.
I have this feeling that the price will no longer drop to $50k or below, but will stay on $60k range for now. But eventually, as we are fast heading to bitcoin halving, we will expect a higher price than the current price right now which is around $68k. If I were to speculate, I would say the target will be $100k above, which I find it more reasonable because aside from the ETF approval, bitcoin price may surprise us again by doubling its price just like it did a while ago.

I believe majority are optimistic about bitcoin price, but if the market won’t allow it and drop below $50k instead, then we’ll have no choice but to take advantage another opportunity again to accumulate more bitcoin and continue with DCA.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: electronicash on April 01, 2024, 04:25:14 PM

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them  ;D


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: kentrolla on April 01, 2024, 05:39:04 PM

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them  ;D

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Yaunfitda on April 02, 2024, 03:22:35 AM

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them  ;D

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.
And we dip a bit further now to $67k, but I don't think this is a concern or we need to panic. We have seen worst from $73k-$62k. Maybe it's the usual taking the profits when we hit like $71k earlier. There could be manipulations but I don't think that they can influence and make the market dip to $50k. Yes, going back to $50k is good as we can go buy cheap BTC, but I don't think there will be any news that can pull that price unless their is a big exchange exit scamming or collapsing, like a black swan event in FTX and SBF like scandal. We are in the bullish sentiments and we are just patiently waiting for the block halving to happen and then $100k this year.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: justdimin on April 02, 2024, 04:55:23 AM
I'm not sure a drop back to $50k was realistic, actually a big drop back to that was
more of hope by some.

The general thinking/expectation/consensus is that we are really heading in one
direction and thats further away from $50k. This current Bitcoin phase contains
the halving, its a bullish season and coupled with the number of ETF's will
only amplify that, so yea $100k becons.
I have this feeling that the price will no longer drop to $50k or below, but will stay on $60k range for now. But eventually, as we are fast heading to bitcoin halving, we will expect a higher price than the current price right now which is around $68k. If I were to speculate, I would say the target will be $100k above, which I find it more reasonable because aside from the ETF approval, bitcoin price may surprise us again by doubling its price just like it did a while ago.

I believe majority are optimistic about bitcoin price, but if the market won’t allow it and drop below $50k instead, then we’ll have no choice but to take advantage another opportunity again to accumulate more bitcoin and continue with DCA.
I do agree that 50k will probably never happen again. I believe that it won't happen these days, that much is guaranteed and I can see that, but at the same time we need to rethink about how we are going to be doing in the future as well, so that means we will have a bull run where the price goes up a lot, but then we need to reconsider the situation a bit more. What comes after the bull run? A bear run, and that means we are going to face a bear run in the future as well. Would it go under 50k next bear run?

I mean we have seen 70k and then under 20k last time around, so we know that it can go down a lot. I am not entirely sure if we can stay above 50k on the next bull run, it depends on the bull run and how high it goes.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Smack That Ace on April 02, 2024, 05:30:48 AM

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them  ;D

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.
And we dip a bit further now to $67k, but I don't think this is a concern or we need to panic. We have seen worst from $73k-$62k. Maybe it's the usual taking the profits when we hit like $71k earlier. There could be manipulations but I don't think that they can influence and make the market dip to $50k. Yes, going back to $50k is good as we can go buy cheap BTC, but I don't think there will be any news that can pull that price unless their is a big exchange exit scamming or collapsing, like a black swan event in FTX and SBF like scandal. We are in the bullish sentiments and we are just patiently waiting for the block halving to happen and then $100k this year.
If someone wants bitcoin to drop to $50k or more then they will always have a way to make it drop, they don't need to use black swan reasons like FTX or Luna. Because I don't see a drop to $50k as a huge drop, and it's entirely possible. Bitcoin was able to surge from $17k to $73k within 1 year, so it is not surprising that it corrected to the $50k region.
Currently, bitcoin is trading below 67k$ and I think no one expected this but it happened, so what we need to do is have a backup plan, don't be subjective and think that 50k$ won't happen.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: poodle63 on April 03, 2024, 06:03:02 AM

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them  ;D
well its good for some and not good for some thats just how it is with investing but I don't think that $50k could be touched this bullrun around the halving is near only half month left and we are in a halving already where price of bitcoin expected to shoot up, not instantly but gradually like the previous bullrun and then suddenly went up high enough to reach unthinkable heights and thats what I'm awaiting.
personally if the price just dipping out and decrease lower than $60k, indeed its gonna be a good accumulation zone for those that try to get in, we haven't reached the all time high of targeted $100k as many people haven predicted after all so there's many opportunity left.
personally though i prefer if the price just shoots up to $100k instantly thats gonna be huge and the next bullrun might not be dumping too low, remember past bullrun significant price decrease of 80% and more is caused by certain company went bankrupt and certain coin depegging where the market cap reaches billion and suddenly gone.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on April 03, 2024, 05:34:50 PM
True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.
Support at the beginning of this week was seen at $66K even though it was below that for a few hours, but I also don't think that the Bitcoin price will go straight to $60K this week or next week. Because the purchasing power of many people is definitely still there and it will continue to be utilized by everyone who doesn't want to just let this happen, but for now we all also need to see whether the whales will release some of the Bitcoins they currently have. If they do not release a certain amount of Bitcoin at this time, the possibility of another price increase could occur in the near future.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: dezoel on April 04, 2024, 06:31:51 PM
I think that because Bitcoin halving is just in a few weeks away therefore I don't see a major price dip of reaching $50k before it happens, price can fluctuate slightly but after the halving, we'll begin to see a progressive price pump to bull run. I'm quite positive that we'll see price that can surpass $100k by the end of this year, and in the peak of bull run I'm looking at price reaching $200k at a new ATH. The Bitcoin ETF will make us to see a massive bull run in this season, the test of it is reaching a new ATH before halving, so it's not too late to keep accumulating.
It is also because there are speculators who think that bitcoin will go on a dump prior to the halving. But we have to think that it's a different cycle now. The pattern has change, we've reach new all time high before the halving itself.

And then we have institutions very interested on putting their billions specially with the approval of Bitcoin ETF. So I don't see a $50k but instead we will continue this bull run right after the halving and then we will reach $100k or more this year. But the most fun part is 2025 wherein we see at least $150k as the new all time high for us.
There will always be speculators who are like that but it does not mean they are worried and they will only buy more once BTC truly dips. Halving is the main event and the huge pump can only come during it which will cause more people to sell and that must only be time for us to see a dip in the price of BTC.

The effect of ETF must be responsible for the new ATH that we see right now but not only institutions are pouring their money here but also regular individuals. They are now more confident to invest in BTC this time. Seeing $100k is already fun and there might be a correction first or a bear market after it which will allow us to see $50k again before $150k.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: bluebit25 on April 04, 2024, 06:45:12 PM
While it is always difficult to say what will happen in the short term, it is very likely that Bitcoin will trade steadily with some small price drops instead of falling to $53k before the halving.

My view is that Bitcoin will remain stable at around $65k - $70k until the next halving. It is then likely to send the market soaring, marking the new start of a sharp rally towards ATH.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Mahanton on April 04, 2024, 09:51:21 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
There are even people who do expect for that $35k drop but usually they are really that project to 50k drop but the main question is, would it happen? Or we would really be considering that 60k+ drop would be its last
before the train leaves? No one really knows on what the future looks like on which it would really be just that normal that we would really be having those hesitation on making up some position specially when you are doing futures or even on spot. If you are someone whose really that comes after for long term holds then these movements wont really be an issue or bothersome on your part.
There are really just that moments that we cant really be able to avoid not to mind on whats next for this market.

Forward or backwards? No one knows on whats next. Market sentiments could neither give out that effect or not. Not every news or fundamentals could move or impact market prices.
Even if we do speak about technical approach on which its not really be that a guarantee.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Zigabel on April 05, 2024, 09:22:51 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
I doubt if Bitcoin would get to $100k so soon because there are projections in to the halving before the expected Bull run and all these definitely influences the response and the attitude of traders and investors in Bitcoin so we shouldn't be expecting a surge in price with enough reason for reactions that will cause such surge and one of the reasons such reactions could actually happen is the anticipation of the bull run but firstly there was much nosie in recent times that tool Bitcoin to $71k due to the recent happenings around Bitcoin one of which was the announcement of SEC approval of ETF and also the anticipated halving which is expected to take place weeks from now.

Understanding the happenings around the Bitcoin community will help a lot to predict possible movement and price of Bitcoin over a certain period of time not mare speculations and exaggerations from speculators, if you want to speculate price check for possibilities and the time frame realistic enough for certain movements to take place to influence the price of Bitcoin after which you can then get to a realistic figure even if this actually does not guarantee accuracy but it will actually mean a whole lot to how well your speculations would make sense enough.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Kelvinid on April 05, 2024, 11:35:40 AM
Corrections are not a new experience in the market even though we are in the bull season but don't get too quick to judge and say, we're going down because it dropped already, and never say we're going $100k because it pumps. The journey of Bitcoin is way forward but of course, not that fast and easy. We may hear people speculating too high like $100k, $150k, and $200k as a new ATH but none of us knows what is coming. Indeed, it was just a sort of market speculation and possibly be wrong no matter what.

Anyway, we enjoy speculating the market and we did based on what we see. The past events give us hints about where we are now but are not enough to tell us where we are going a few years from now.



Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: bettercrypto on April 05, 2024, 02:04:06 PM
I think we might hit $50k compared to $100K in the near term. You need to understand that the entire economy will burst soon but nobody knows when. When people are dumping stocks, crypto will also suffer. Question is whether this will happen in the next few months or will it take years.

We can still break ATH but $100K is still a long way away. $50k is much much closer at these current prices. And it all boils down too how the flows will be in the next few weeks. Last week was positive but week prior was negative.

In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on April 06, 2024, 04:25:19 PM
In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.
If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: usekevin on April 13, 2024, 06:05:24 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

The reason for the pump in the bitcoin price is the halving in the bitcoin price and which leads to the rise of the price of the most of the cryptocurrencies.The potential crypto currency surely change based on the bitcoin,other currency may or may not impacted by the price change in bitcoin.As we come across the 70k dollar in the bitcoin price,the next target of the bitcoin will be 100k dollars.So the better way to hold your money is hold the money in the bitcoin.It help to multiple your holding dollars in the wallet by the raise of the bitcoin value.It’s almost not possible for the bitcoin to back to the 50k dollars because we are in the bull run due to the bitcoin halves.



If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.

The many people start to inverse in the bitcoin by getting loan from their friends.I had come across some of the forum members had requested loan to inverse in the bitcoin because of the next bull.Because the bull run in the halves will help the investors to make huge profits by investing in the potential coins.The money should be invested after the investigation of the cryptocurrency,even the experienced traders use their money to inverse in the bitcoin without investigating.Because the bitcoin had the biggest base of decade and many was in bitcoin over a decade by holding their valuable money in bitcoin to earn huge profit.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: kentrolla on April 13, 2024, 07:57:11 PM
Corrections are not a new experience in the market even though we are in the bull season but don't get too quick to judge and say, we're going down because it dropped already, and never say we're going $100k because it pumps. The journey of Bitcoin is way forward but of course, not that fast and easy. We may hear people speculating too high like $100k, $150k, and $200k as a new ATH but none of us knows what is coming. Indeed, it was just a sort of market speculation and possibly be wrong no matter what.

Anyway, we enjoy speculating the market and we did based on what we see. The past events give us hints about where we are now but are not enough to tell us where we are going a few years from now.



I am not speculating or advising anyone about market rather seeking suggestions as it may help us understand what others think of the current market trend and the pointa they have considered to conclude their opinion and to be honest the past event hints cannot be trusted as the hints from past years and cycles have been proven to be incorrect this cycle.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: erep on April 13, 2024, 10:58:14 PM
In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.
If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.
Of course we have to be aware of market economic conditions so that we can cut profits at the previous highest price if we want to increase the value of portfolio assets. I always carry out an investment strategy like this rather than holding assets for the long term, but I will buy back at a lower price.

This investment step is to increase the asset value higher than before even though the investment strategy is not recommended but I have successfully carried out this investment strategy from the last market period and I have achieved higher profits compared to having the previous amount of assets.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: AnonBitCoiner on April 14, 2024, 06:43:17 AM
Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Ayers on April 14, 2024, 08:38:39 AM
Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.


Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next  ;D ;D ;D.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Obim34 on April 14, 2024, 09:08:05 AM
Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.


Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next  ;D ;D ;D.
What ever may happen should aswell be to our own benefits, if it drops to $50k or below should not affect us in any way because this is creating room for another entry, as long we are yet to experience the halving, no need to worry cause the bull run is meant to happen after the halving all the price pump we experienced should serve as a benchmark to what we are to expect during the bull season. Personally, I am not in a haste to hit the bull run, as many that DCA is finding comfort in this market conditions because it generates opportunities to buy more at this lower prices, always taking advantage of the market to increase portfolio.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Sebas.tian on April 14, 2024, 10:31:10 AM
Quote from: kentrolla
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

I don't think, the price of Bitcoin will reach $100,000 many people predicted to happen in this season, because the market price has started reducing back to $50,000 which investors will be seeing something like that before the end of next month and those waiting for the price to reach $100,000, it will happen in the next bullish season.  Now that the price has increased to $73,457 in this year which is the highest price investors have ever experienced from Bitcoin that made many new  investors to show more interest to invest their capital whenever the bearish season appear in the market, I believe the price will be decreasing to $50,000 soon for investors to experience again. My prediction use to come to reality sometimes, I think it will still come through for the price to decrease to $50,000 before it can increase to hit $80,000 in the future.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on April 14, 2024, 03:28:34 PM
Of course we have to be aware of market economic conditions so that we can cut profits at the previous highest price if we want to increase the value of portfolio assets. I always carry out an investment strategy like this rather than holding assets for the long term, but I will buy back at a lower price.

This investment step is to increase the asset value higher than before even though the investment strategy is not recommended but I have successfully carried out this investment strategy from the last market period and I have achieved higher profits compared to having the previous amount of assets.
Everyone will continue to carry out the strategies they are used to in reaping profits through investments in various conditions over a long period of time. For example, as you said, you have also implemented several methods to achieve better profits with your own investments, but what we need to remember here is never to panic about current market conditions. Because I personally am still quite confident that Bitcoin will make a new ATH again this year, which would also be quite surprising to many people if it could happen.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Adbitco on April 14, 2024, 04:47:50 PM
It's always hard like this because when halving is around the corner especially now that we have less than few days to get into halving we might not experience any significant surge in price rather there is always a market pressure that could keep holding the market within the zone of $59k to $70k I believe so well that after halving we could see more dip coming because there could be so much worried over the price and lots of people already aware that after halving we see uncontrollable dip till the upper year 2025 meaning there is every chances that we could undergo more dip than the way it's now. Seriously bitcoin dropped to $61k, and there's every possibility that we might even see 58k or lesser. Note I could be wrong but let's watch out, if you are holding please hold tight.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: EarnOnVictor on April 14, 2024, 05:42:52 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
A lot of assumptions and speculations are going on now regarding Bitcoin, but one thing certain is that it is a bullish market in the long-term disposition. But the issue I have with the coin is the high level it is at this time that the cycle halving has not happened. Halving is the tradition that normally excites people and attracts more investors to Bitcoin. But things are playing differently these times which calls for extreme care.

Also, I will not be like the blind followers who would just be calling prices in the northward direction only, the market condition can backfire any market no matter how trusting people are towards it. This is especially possible if the immediate days' sentiment after the halving becomes negative. This could cause Bitcoin to move strongly lower, and the breach of the low/support at around $59,150 may signal the continuation of a fall that happened shortly after the ETF approval in January. This might cause a huge fall that might eventually hit the psychological level of $50,000.

However, if the level continues to survive the market and holds above it after halving, and also the market has a positive outlook, then we may see Bitcoin rising and would first hit the high/resistance level around $73,850 which is the current ATH. A break of that level will first probably hit $75,000 due to people's expectations and could cause many higher levels to be touched afterwards.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: JimboToronto on April 15, 2024, 12:41:51 AM
Only $100k?

Why so bearish?


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: uneng on April 15, 2024, 01:37:44 AM
Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Iranus on April 15, 2024, 09:29:52 AM
It's always hard like this because when halving is around the corner especially now that we have less than few days to get into halving we might not experience any significant surge in price rather there is always a market pressure that could keep holding the market within the zone of $59k to $70k I believe so well that after halving we could see more dip coming because there could be so much worried over the price and lots of people already aware that after halving we see uncontrollable dip till the upper year 2025 meaning there is every chances that we could undergo more dip than the way it's now. Seriously bitcoin dropped to $61k, and there's every possibility that we might even see 58k or lesser. Note I could be wrong but let's watch out, if you are holding please hold tight.

And have you checked the bitcoin market and price today? Just because bitcoin is correcting after a string of price increases, many people are starting to feel negative, LOL. If I remember correctly, bitcoin has had 7 monthly green candles in a row and you're expecting us not to have any correction but to go straight up? The ongoing correction is necessary and healthy, and as it seems all done, it won't go as far as you think.
$100k is bound to happen and there is no way to stop bitcoin this year, IMO.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Ayers on April 15, 2024, 02:12:56 PM
Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.


Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next  ;D ;D ;D.
What ever may happen should aswell be to our own benefits, if it drops to $50k or below should not affect us in any way because this is creating room for another entry, as long we are yet to experience the halving, no need to worry cause the bull run is meant to happen after the halving all the price pump we experienced should serve as a benchmark to what we are to expect during the bull season. Personally, I am not in a haste to hit the bull run, as many that DCA is finding comfort in this market conditions because it generates opportunities to buy more at this lower prices, always taking advantage of the market to increase portfolio.

But it depends because not everyone has money left to buy bitcoin if the price continues to fall again and that's why most people are just waiting for bitcoin to go up in price and we enter the next bull season when halving occurs. When bitcoin corrects, no one feels happy and everyone screams to buy DIP, but in reality there won't be too many people buying bitcoin when it drops. I believe people have largely bought enough bitcoin for themselves since we've had over 2 years to buy cheap.

Only people like you who still have USDT would expect a bitcoin correction but I believe you are one of the few.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: aylabadia05 on April 15, 2024, 03:27:37 PM
What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Dropping to $50k with the halving just days away, I don't think that's happening. Don't get caught up in the situation. When the long-awaited moment arrives, Bitcoin will bring smiles to all holders and as a result, other coins will also follow. But this is not a resounding certainty. I see an opportunity for Bitcoin prices to reach $100k in the future after going through a situation where the price was at $60,660.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: GeorgeJohn on April 15, 2024, 09:45:40 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
from my own understanding towards the price of Bitcoin it is obvious that the price of Bitcoin cannot continue to accelerate so from my point view you cannot say that price of bitcoin now, will it be at 1 particular value because the price is rotational and it is interchanges so whatever thing we believe price of Bitcoin based on its regulation might be the wish of bitcoin, so therefore we have to understand that bitcoin price is unpredictable and unregulated


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: South Park on April 15, 2024, 10:03:50 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Even if right now the price of bitcoin is closer to the 50k level than the 100k one, 100k seems like the most likely possibility out of the two scenarios given, and that is because even with all the things that have happened recently, the price did not even come close to go below 60k, so it seems there is a very strong resistance level there, and since the halving is getting closer by the day, I would expect a positive movement out of bitcoin once it happens, bringing us further away from the possibility of reaching 50k and basically assuring 100k will be reached during this year.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: justdimin on April 16, 2024, 07:48:11 AM
Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.
I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: CryptoBuds on April 16, 2024, 09:07:46 AM
Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.
I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.
I agree with you. The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: EarnOnVictor on April 16, 2024, 11:46:36 AM
Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.
I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.
You talk like a perfect seer/speculator which I do not advise anyone to do, Bitcoin is an asset and any asset could behave anyhow at times. And if at all you have the view that an asset can perform in a way, you should have backed that with a good explanation or analysis rather than just calling a price. What most people would say is what you just said, as if Bitcoin cannot have its own challenges and move toward $50,000. Why not? If Bitcoin goes lower to break the yearly low, it will surely turn bearish in sentiment and might hit $50,000 as if it was nothing. Notwithstanding, it will take it time to stabilise above that level to achieve your positive view, and I think that this is constructive enough.

As for the hitting of the $100,000, it is never impossible, and as a matter of fact, that is what most people expect. But have you also thought about where Bitcoin will get the higher capital to hit that level? Its liquidity demand is reducing. It has been struggling for months having been reluctant to breach above the year's ATH of about $73,850. How are you sure it would find it easy to reach the level now which will warrant it moving higher easily as you expected? Still, halving and people's reaction will play a key role here and you should know that Bitcoin will not automatically rise to $100,000. Let the sentiment of the market guide us effectively even as we are studying our charts for effective guidance above anything else.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Gladitorcomeback on April 16, 2024, 12:38:53 PM
I agree with you. The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

The correction is temporary and we all know it, there will be no fun in the market if there are no corrections or dips because these corrections and dips are the reason why the market is profitable, imagine if there was not much volatility in the market, trading and investments wouldn't be profitable and I'm pretty sure we would have less popularity for the industry compared to what it has today. So dips, corrections, and all these things are very much important to keep the market alive.

People who think that the market might dip to $50k might be right, we can't be sure about anything because the market is unpredictable, but one thing is for sure, whether it goes to $50k or not, it will still have the potential to go back to $100k during the bull run, and that is the most important thing.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: michellee on April 16, 2024, 03:31:44 PM
The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.
Yes, the correction is still ongoing. Bitcoin can reach $100k in the near future or even some time away. We just need to wait until the time comes and that means we still have time to accumulate more Bitcoins.

Just let those who are pessimistic because they don't know how strong Bitcoin is. Bitcoin will start to rise again and if they are still pessimistic, they will not make a profit. If the price of Bitcoin falls to $50k, it allows us to buy more Bitcoin.

No matter what, the downturn season is over or will continue. However, this correction may persist for some time. So we should continue analyzing when we can accumulate more Bitcoins.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: rodskee on April 17, 2024, 04:33:36 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Maybe this post is more appropriate to ask today as the halving is days before to happen and the
market is showing weak hold in each positions specially bitcoin so for me this might be the downfall, 50k
level is coming and we cannot assure our keeping and with that better be ready to what may happen
any time soon.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: CryptoBuds on April 17, 2024, 05:09:19 AM
The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.
Yes, the correction is still ongoing. Bitcoin can reach $100k in the near future or even some time away. We just need to wait until the time comes and that means we still have time to accumulate more Bitcoins.

Just let those who are pessimistic because they don't know how strong Bitcoin is. Bitcoin will start to rise again and if they are still pessimistic, they will not make a profit. If the price of Bitcoin falls to $50k, it allows us to buy more Bitcoin.

No matter what, the downturn season is over or will continue. However, this correction may persist for some time. So we should continue analyzing when we can accumulate more Bitcoins.
Corrections will always appear even during bull season, we cannot expect that when entering bull season bitcoin price will only increase and increase and never correct. But the correction during the bull season is completely different from the bear season, meaning we will not fall too deeply and will also quickly recover and conquer new peaks afterwards. Unlike during bear season when corrections are constant and bitcoin continuously creates new price lows. That's why I don't feel scared or worried about bitcoin's recent corrections.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Sebas.tian on April 17, 2024, 05:29:48 AM
Quote from: Kelvinid
Corrections are not a new experience in the market even though we are in the bull season but don't get too quick to judge and say, we're going down because it dropped already, and never say we're going $100k because it pumps. The journey of Bitcoin is way forward but of course, not that fast and easy. We may hear people speculating too high like $100k, $150k, and $200k as a new ATH but none of us knows what is coming.

The market price is not too low for investors to conclude yet, because the price is still around $64,865 which I know that bearish season is very far from the market, if the price continue through out this month of April, and the opportunity for long term investors to experience $100,000 this year is still there before the bearish season will come up. I heard some holders said that the price will not increase higher when the price decreased from $73,431 to $66,612 few weeks ago, but it was a great surprised to them when they saw the price increase back to $72,721 before it decreased to this current price in the market. I strongly believe that there will still be a massive increase that will make other holders to release their remaining Bitcoin for sale to make a passive income and get ready for another bearish season that will take over after the bullish season that is on board right now.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Roseline492 on April 17, 2024, 06:58:15 AM
I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

Bitcoin has gotten to the point were it will be very difficult dropping to 50k instead it will only fluctuate on some certain zone though so many speculators has predicted Bitcoin to make some correction but I doubt if the correction will get to 50k and besides if the price will drop to 50k it would have done that before now, so since the price did not drop to 50k before now that means it will not test that level, however with the price level now getting to 100k will be the next move and will not take long to achieve it because it is believed that whenever the price fluctuates on this level for a while when it moves it goes very fast.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: michellee on April 17, 2024, 07:02:47 AM
Corrections will always appear even during bull season, we cannot expect that when entering bull season bitcoin price will only increase and increase and never correct. But the correction during the bull season is completely different from the bear season, meaning we will not fall too deeply and will also quickly recover and conquer new peaks afterwards. Unlike during bear season when corrections are constant and bitcoin continuously creates new price lows. That's why I don't feel scared or worried about bitcoin's recent corrections.
With this correction, Bitcoin prices could rise higher again. But there will come a time when the high price has been reached and finally, the price will experience a correction and end in a deep decline. So far, that is what has happened with Bitcoin.

The correction in this bull season occurred after a temporary high Bitcoin price was reached. Now, the price is starting to appear to increase, but we must remain alert if a correction occurs again. But we don't need to fear what will happen because even if there is another correction, we will see the price rise again.

We just need to prepare ourselves for the arrival of bull season. We still have time to buy Bitcoin again, especially since the price is still $63k.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: tengui on April 17, 2024, 09:41:52 AM
Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: AirtelBuzz on April 17, 2024, 10:16:57 AM
Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.
Just because the market is currently volatile doesn't mean Bitcoin won't reach $100K, it just needs time. It is possible that even after Bitcoin-Halving, Bitcoin price can reach $100k dollars. The market is correcting now many people are thinking that bitcoin price will fall to $50k dollar but it seems impossible. Although we are only days away from such an important event as Bitcoin halving. We have been seeing Bitcoin price hovering around $70k$ for several days now. There was a correction in the market from $70k dollars where the price of Bitcoin came to $63k dollars maybe it was a big dumping for the market. Then again the price of bitcoin increased again maybe the price of bitcoin will not reach $50k dollars before bitcoin halving.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Ayers on April 17, 2024, 12:57:03 PM
Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.
Just because the market is currently volatile doesn't mean Bitcoin won't reach $100K, it just needs time. It is possible that even after Bitcoin-Halving, Bitcoin price can reach $100k dollars. The market is correcting now many people are thinking that bitcoin price will fall to $50k dollar but it seems impossible. Although we are only days away from such an important event as Bitcoin halving. We have been seeing Bitcoin price hovering around $70k$ for several days now. There was a correction in the market from $70k dollars where the price of Bitcoin came to $63k dollars maybe it was a big dumping for the market. Then again the price of bitcoin increased again maybe the price of bitcoin will not reach $50k dollars before bitcoin halving.
Investor psychology is like that, most will be excited and continue to be optimistic when they see bitcoin price increase, but they will quickly change their opinion as soon as they see bitcoin correct. I'm also starting to see a lot of people are no longer optimistic about bitcoin going up in price after halving or bitcoin reaching $100k, people are leaning towards bitcoin dropping to $50k.

To be fair, the market is always the same, still unpredictable. The fact that we constantly make short-term predictions only makes us tired and discouraged with our investments. It will be better for us to have a long-term vision, and in the long run, bitcoin hitting the $100k is almost certain.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Yaunfitda on April 17, 2024, 01:43:58 PM
Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.
No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: YOSHIE on April 17, 2024, 02:11:47 PM
I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Overall, as you said, speculation and predictions about Bitcoin are not correct/accurate, there are many Bitcoin experts currently speculating about the future of Bitcoin, Not only experts, companies often spread rumors about their speculation about Bitcoin's sustainability
For example:
Such as Bit Mining company Youwei, James Butterfill chief researcher at CoinShares and including Antoni Trenchev, Carol Alexander and Matrixport they speculate and predict variously about the price of Bitcoin, $70-$150k for this year.

But, personally, I will predict Bitcoin's highest price for this year at around $80, after that it will be the opposite of what that person predicted, but I remain optimistic, Bitcoin will be better than the current price.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: fuguebtc on April 18, 2024, 05:42:07 AM
I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Overall, as you said, speculation and predictions about Bitcoin are not correct/accurate, there are many Bitcoin experts currently speculating about the future of Bitcoin, Not only experts, companies often spread rumors about their speculation about Bitcoin's sustainability
For example:
Such as Bit Mining company Youwei, James Butterfill chief researcher at CoinShares and including Antoni Trenchev, Carol Alexander and Matrixport they speculate and predict variously about the price of Bitcoin, $70-$150k for this year.

But, personally, I will predict Bitcoin's highest price for this year at around $80, after that it will be the opposite of what that person predicted, but I remain optimistic, Bitcoin will be better than the current price.

But I want to ask you further , do you mean this year's highest ATH is $80k and is that the highest ATH this bull season or just this year's ATH, and will bitcoin reach even higher ATH during the bull season 2025? If $80k is the final ATH you expect this bull season then you are actually quite modest and your assessment of bitcoin's potential is quite low .

My prediction is that the bull season will start in the fourth quarter of this year and last until 2025, and I believe this will be a super cycle so I am very optimistic about bitcoin's ATH . I even believe it could touch $150k or more once the bull season is over.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: martinex on April 18, 2024, 06:09:03 AM
No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.

I also have something in common at least this year BTC price will come above 100K, whether sooner or later of course this is very correlated with Bitcoin price movements and transaction fees after the halving or before the halving means that if we want to be more specific continue to monitor the market.

Well, back to the OP question above I think it's a straight question to the point and I also want to say that before the halving is over, my filling price will correct a little bit strongly whether it will be below 60K or maybe even deeper 50K and of course this is also the impact of Bitcoin 2024 Halved after all the new price reversal begins.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: dunfida on April 19, 2024, 11:00:20 AM
No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.

I also have something in common at least this year BTC price will come above 100K, whether sooner or later of course this is very correlated with Bitcoin price movements and transaction fees after the halving or before the halving means that if we want to be more specific continue to monitor the market.

Well, back to the OP question above I think it's a straight question to the point and I also want to say that before the halving is over, my filling price will correct a little bit strongly whether it will be below 60K or maybe even deeper 50K and of course this is also the impact of Bitcoin 2024 Halved after all the new price reversal begins.
Generally if we do speak about price movements then there's no one on this world would really be able to know on where prices would really be going on which this means that price could neither go up $100k or down $50k or even more lower on which we know that this market is never been predictable and never been that known and this is why we do really keep on guessing and speculating because this market is never been predictable in the first place. This is why each trader or investor would really be finding up their ways on how they would really be making themselves that effective into this unpredictable space. We do know that there's no such
thing about a perfect trader on which no matter how well we do make use of our analysis on which several market factors could really make out that effect.

This is why it would really be better that you should really know on how to make yourself handled out on this speculative space on which you know that you do really need up
to be versatile or having tons of back up plans.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Hallroom on April 19, 2024, 03:04:11 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Halving is currently taking place, so the price of Bitcoin will be very low. Because halvings were organized in 2012 and 2016 and 2020, and every year the price of Bitcoin is under the control of investors. So in 2024, Bitcoin halving will start for the fourth time and it is normal for Bitcoin price to be on the low side at this time. And going into the next year, the price of Bitcoin could see a higher peak in what is known as the big bull run.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Gaza13 on April 19, 2024, 05:46:56 PM
These two prices are of course what everyone wants when there is a rapid decrease or increase in prices. If you see that the price of Bitcoin is much cheaper and meets your price expectations, you should not delay any longer. Just buy and increase your investment assets. There is also the typical person who sees the price, say $50k, and is afraid to buy it and he is still waiting for the next dip to buy bitcoin. For me personally, this is how important it is for us to know the DCA technique, we will get the best average price for our investment, yes of course I will buy every month.



Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Viscore on April 19, 2024, 05:55:59 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Maybe this post is more appropriate to ask today as the halving is days before to happen and the
market is showing weak hold in each positions specially bitcoin so for me this might be the downfall, 50k
level is coming and we cannot assure our keeping and with that better be ready to what may happen
any time soon.
I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on April 19, 2024, 09:53:19 PM
Halving is currently taking place, so the price of Bitcoin will be very low. Because halvings were organized in 2012 and 2016 and 2020, and every year the price of Bitcoin is under the control of investors. So in 2024, Bitcoin halving will start for the fourth time and it is normal for Bitcoin price to be on the low side at this time. And going into the next year, the price of Bitcoin could see a higher peak in what is known as the big bull run.
The halving time is only two hours away and the price of Bitcoin is still in the market range of more than $64K, this could be quite possible for Bitcoin to make a price jump that is further than the ATH that previously occurred this year. Because several predictions also say that Bitcoin could pass the price range of $75K to $80K this year if the price correction no longer occurs or the upward price movement starts from the current price. But I also wanted to see if something like that could actually happen this year in Bitcoin.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: freedomgo on April 19, 2024, 11:52:29 PM
Halving is currently taking place, so the price of Bitcoin will be very low. Because halvings were organized in 2012 and 2016 and 2020, and every year the price of Bitcoin is under the control of investors. So in 2024, Bitcoin halving will start for the fourth time and it is normal for Bitcoin price to be on the low side at this time. And going into the next year, the price of Bitcoin could see a higher peak in what is known as the big bull run.
The halving time is only two hours away and the price of Bitcoin is still in the market range of more than $64K, this could be quite possible for Bitcoin to make a price jump that is further than the ATH that previously occurred this year. Because several predictions also say that Bitcoin could pass the price range of $75K to $80K this year if the price correction no longer occurs or the upward price movement starts from the current price. But I also wanted to see if something like that could actually happen this year in Bitcoin.
I don’t see any chances as well that we will witness bitcoin price again dropping into $50k. The price correction might be almost over for now and soon we will witness bitcoin price starts to skyrocket again. And I guess we won’t wait that long since the bitcoin halving is now finally here, we’ll just wait as to how this present halving will affect the price of bitcoin. For now, patience and discipline are the keys not to jump into quick decisions.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: bitterguy28 on April 20, 2024, 02:59:05 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Yamifoud on April 20, 2024, 11:48:22 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.
Still too hard to say what direction to take after halving but we are too optimistic about the upcoming, bull season bringing the price of Bitcoin higher than $71k. Let us see how the situation changed when halving is done but as per see, the demand is still growing. It may not reach $100k but that was a good price and another ATH. Perhaps, it was a realistic price than thinking of $120k, $150k, and more.

But it may not, still a valuable price indeed. I still hold until next, a few months after halving were I expect a new ATH.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Essential10 on April 20, 2024, 01:59:23 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Many thought the price would drop to $50k after seeing the price lows the week before the Bitcoin halving, but that was not the case. Conversely, the day before the Bitcoin halving, the price rose quite a bit. Bitcoin halving has already been done, Bitcoin price is now above $63k. Bitcoin has been halved but still the price of Bitcoin I think is in a good position, it's hard to say whether it will go up or down in the future. I am optimistic that the price of Bitcoin will gradually increase in the coming days and reach new highs where the target may be $100k, it may take some time to reach such a price so I prefer to hold until the target is reached.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: milewilda on April 20, 2024, 05:50:14 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Many thought the price would drop to $50k after seeing the price lows the week before the Bitcoin halving, but that was not the case. Conversely, the day before the Bitcoin halving, the price rose quite a bit. Bitcoin halving has already been done, Bitcoin price is now above $63k. Bitcoin has been halved but still the price of Bitcoin I think is in a good position, it's hard to say whether it will go up or down in the future. I am optimistic that the price of Bitcoin will gradually increase in the coming days and reach new highs where the target may be $100k, it may take some time to reach such a price so I prefer to hold until the target is reached.
Tons of people would really be that having that assumption that there would really be a drop in price considering that we are on a halving period. Basing up on previous cycles on which the price did make out some
correction before and after Bitcoin halving and this is what they do have put up into their minds on which it did really result on something which you've been holding up your funds on waiting up for the right
buying opportunity. Yes, it did make out some drops but it doesnt mean that it is really the bottom. Some do able to secure those positions but there are ones who would really be coming after with that extreme dip or correction before they would really be making out that all in kind of buyback but of course there would really be no guarantee that it could happen because we might be able to see that $60k might really be the last dip before we would really be shooting up into the moon. Dealing upwith unpredictable space is something that could be pain in the ass and this is why outcomes and results would really be entirely be that different to
each other.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Republikcoin.com on April 20, 2024, 06:52:12 PM
still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.
The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Distinctin on April 20, 2024, 09:59:10 PM
still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.
The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.
In general, bitcoin price can be both pumping or dumping after the halving event. So these two predictions might be really possible considering that bitcoin itself is highly unpredictable.

However, based on my own observation in the market, it's most likely to rise up again after halving, and may head into entering $75k to $80k in few months from now. I believe this would be the upcoming price trend for bitcoin so far, unless if massive price correction will suddenly hit the market and ruin all our positive speculations.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: AnonBitCoiner on April 21, 2024, 12:49:36 AM
Cryptocurrency is so unpredictable if someone predicts the price then it does not mean that price will surely touch that value but predictions are made according to the effects of past occurring events.

Holving has taken place and now we have to be prepared for more fluctuations because these fluctuations will bring new all the time high value which will cause other altcoins to show growth automatically.

Before halving it did not go below the value of 60k$ but in a few months maybe we see such a dump because the price cannot go to 100k$ sumispicially without going through any declining phase.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: stadus on April 21, 2024, 09:45:51 PM
still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.
The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.
Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Furious 7 on April 21, 2024, 09:50:01 PM
I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.
All we need to do is keep waiting because after all, all forms of speculation that occur for now only time can prove it.
If you look at the situation that happened, the chance to go down is still there in the end but we also don't know what sentiment will happen for the next few weeks or months because when there is a sentiment that arises it can affect the movement of bitcoin regardless of the current candle.

For example for some time where corrections occur and many people associate this with the conflict that occurred in the middle east but it is possible that after this there could be some good news that makes bitcoin continue to be maintained.
Even if in the end $50k happens I will not experience significant problems because I will only continue to focus on what I want to do where buying is the best in the end.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Asuspawer09 on April 21, 2024, 10:45:20 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Seems a little stretch if we are going to assume a 50k$ or even lower than that there was a huge resistance that needed to be break in order for Bitcoin to drop that low, I mean I was really hoping for it to break since its going to be a huge opportunity for a higher profit in the future for sure, But seems like it already adapts to a lot of things at the moment, like banks, ETF, companies, countries etc. Still we don't know what is going to happen in the market, the market price was around 50k$ I think around February before it reached new resistance on a new high so its only around two months, it was fast so I was thought that it is still possible the faster the market price skyrocket the higher the chances that there will be a correction for sure, market is not gonna keep up for sure.

Also with the halving involved traders are going to realize that it is difficult to break the new resistance of the new all-time high, I was really expecting for the market price to increase around 80k$ but it didn't yes it did break all time high but it was only a few thousand dollars. When traders realize that brick wall there will be a sell of that can cause panic selling just like what happened in the past.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: South Park on April 22, 2024, 10:44:37 PM
Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.
Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: EarnOnVictor on April 22, 2024, 11:17:52 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Maybe this post is more appropriate to ask today as the halving is days before to happen and the
market is showing weak hold in each positions specially bitcoin so for me this might be the downfall, 50k
level is coming and we cannot assure our keeping and with that better be ready to what may happen
any time soon.
I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.
You may be right by Bitcoin not hitting or going below the $50,000 mark anymore this season, and my reason is that I've always believed that the asset will determine the fate that will be meted to it after halving. I read my chart very well and for now, it is biased towards the bullish path, this is even as Bitcoin has retraced so well before the halving. It is an opportunity that the halving met it at the ending time of the retracement which is a very good development for the bull lovers. However, I continue to see bullish price action on the higher charts which is a further encouragement that the asset could rise. This is coupled with the hesitation of the market to breach below the 1W Fibo support level level of 23.6% at $59,940. The level proved so significant this season and the fact that the market maintains a bullish price action above it means that it is on the bullish path, and it will likely go higher to hit again the year's ATH at about $73,850.

Also, to buttress the existing points, the important 1D Fibo level of 23.6% at $65,432 was successfully breached higher yesterday with the market having a daily close above it. These are important reasons for Bitcoin to move higher over time, and a breach of $73,850 can set it on a higher path that will cause the journey towards the much-expected level of around $100,000, but this will take time. Nevertheless, let's see how it behaves around the TrendMagic resistance level of $67,629. The breach of the level higher should be able to add credence to this positive development.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: $weetne$$ on April 23, 2024, 04:02:54 AM
Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.

The chances might be low but let that not convince you because the chances can change any time and it becomes high. There's no time that Bitcoin can not change from what people think would had happened to another thing. If Bitcoin does not show strength that it can challenge for the highest price it reach before the halving in a few weeks time, some investors will begin to lose patience and they will start selling. Many people still think Bitcoin can get to a new highest price very soon therefore they are holding but if it does not happen and we begin to see the market dumping others will follow and Bitcoin will fall to $50,000. Bitcoin going to $100,000 is possible an it also going down to $50,000 is possible too. Everybody that has invested wants Bitcoin to go to $100,000 but we should not be disappointed if it falls to $50,000. After the news of Bitcoin halving successfully, I think Bitcoin has to go down in price before we begin to see another pump in the market.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Jating on April 23, 2024, 12:16:30 PM
Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.
Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.

So far, the price is steady at $66k after the halving. And so I would say that we should just be optimistic that after the halving, we will not see $50k or lower. There are still the war behind that could potentially affect the price. But who knows, when we hit the bull run, it's hard to stop and so with that, maybe next month and moving forward, $70k and then at the end of the year we might be close to that 6 digits that we all have been speculating since the start of the bull run.

Patience is key and we need to compose our selves in the next coming months.

On the other hand, if we can accumulate Bitcoin the better. And not just be concern whether $50k or $100k is going to happen this year.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Woodie on April 23, 2024, 01:00:14 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
There is so much volatility going on at the moment where price keeps dancing between $64K & $66K thanks to the recent Bitcoin halving we had, and usually there is a tendance of price dipping then it consolidates most of the time... And after a couple of months later the effects of the halving take place...

So in a nutshell, price shouldn't dip below $60K for us to see a new All time high this year and once a psychological barrier is formed or rather a safety net we can now speculate about the 70K or maybe even $80K this year for sure as institutional money is the game changer..


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Mahanton on April 23, 2024, 05:30:00 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
There is so much volatility going on at the moment where price keeps dancing between $64K & $66K thanks to the recent Bitcoin halving we had, and usually there is a tendance of price dipping then it consolidates most of the time... And after a couple of months later the effects of the halving take place...

So in a nutshell, price shouldn't dip below $60K for us to see a new All time high this year and once a psychological barrier is formed or rather a safety net we can now speculate about the 70K or maybe even $80K this year for sure as institutional money is the game changer..
Totally really that hard to guess or predict on where it would be going. The price is really that gradually climbing up again on 70k but we dont know if there would really be an another run when we do speak about correction.
The strongest support would be sitting around 58-59k on which if this one would really be having that breakout then we might be seeing 54 but well its really that hard to guess on where it would be ending up specially
now that halving is over and we do have been waiting up for that 150+ day post halving before bull run would really be kicking out. Actually there's no one would really be gonna knowing on where prices would really be going on which everything would really be that random.

This is why it would really be just that depending on you on how you would really be handling up yourself on such condition considering that volatility and randomness is something
that we cant really be able to bare out specially if we do lack that kind of patience and that perseverance.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: AirtelBuzz on April 24, 2024, 12:04:20 PM
I know no one can speculate or predict it accurately.
The exact price movement of Bitcoin may be impossible for any of us to predict. We who are small investors when we see that the price of Bitcoin is increasing we think that the price of Bitcoin will reach a very high level very soon. Again, when we see the price of Bitcoin temporarily falling, we think that the price of Bitcoin may go much lower. We all know that half of Bitcoin is already complete. Before this Bitcoin halving was organized, many predicted that the price of Bitcoin could reach $100k and many commented that the price of Bitcoin could fall to $50,000. None of these people's predictions came true as Bitcoin is now at $66,000. Now everyone is predicting or predicting that bitcoin price will reach 100k dollars but it needs time.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: 2Pizza410000BTC on April 26, 2024, 04:41:05 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Lately we see Bitcoin fluctuating between $63k and $67k. It is very difficult to predict exactly which direction Bitcoin will go from the range it is in We have passed the bitcoin halving for just a few days since bitcoin didn't go down so we can say bitcoin can go up. Because while there is likely to be some dumping in the market before the bitcoin halving, the dumping was recorded at 60k. I predict that Bitcoin, which will never approach $50,000 again, will rise and settle in the $100,000 range by 2024. I know I can't make any accurate guesses in this case, but I hope my guesses are correct.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Asiska02 on April 26, 2024, 05:08:24 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Bitcoin halving have taken place for than a week now and we haven’t seen bitcoin rally down to $50K and the worst it went down was testing less than $60K. Since then it has been fluctuating between $61K-67K which is still a considerable price. For a major push up in price to go above the $70K level and breaking the resistance there, it has to be a touch of the much anticipated bull run that we all have been expecting for quite some time now, if not I don’t see any major pump that can make the market skyrocket above $70K and still not come back and retest it or go back beyond it.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: ShowOff on April 26, 2024, 05:27:31 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Lately we see Bitcoin fluctuating between $63k and $67k. It is very difficult to predict exactly which direction Bitcoin will go from the range it is in We have passed the bitcoin halving for just a few days since bitcoin didn't go down so we can say bitcoin can go up. Because while there is likely to be some dumping in the market before the bitcoin halving, the dumping was recorded at 60k. I predict that Bitcoin, which will never approach $50,000 again, will rise and settle in the $100,000 range by 2024. I know I can't make any accurate guesses in this case, but I hope my guesses are correct.

Bitcoin prices have historically risen higher each time a halving occurs and a new ATH can be expected after several months to over a year. But this time, a new ATH was recorded a few days before the halving and that is something very unusual for most investors and also for holders.

High hopes for a new ATH in the next few months are not something wrong for every bitcoin holder and investor, but it's best not to have too high expectations if you don't want to be disappointed when the facts don't match reality. History may or may not repeat itself, repetition is never mandatory for these uncontrolled assets. About $100k, I tend to agree it's very possible in the next few months especially if demand rises significantly.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Nothingtodo on April 26, 2024, 09:56:36 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: btc_angela on April 26, 2024, 10:03:28 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.

It's because of the news about the approval of Bitcoin Spot ETF that pushes the price to a new all time high. Now it settled down, but no worries, halving is done and it's just a matter of time before the price goes on a parabolic rise.

Yes, it is still at $63k, but that is obviously very high still after the halving, and it seems though that after a week, price has settled down a bit with no movement at all. But it doesn't mean that we won't be seeing any action. It's just the investors might be holding back for now. We just need that one good news to get the market going again and most likely it will come in the next couple of months and my prediction is that after the end of the month we might see 6 digits for the first time.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on April 27, 2024, 03:04:42 PM
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.
Currently the price of Bitcoin is still at $63K and if a decline can occur at the end of this month or at the beginning of next month, I will not immediately make a prediction for the $50K range. Because currently Bitcoin has stronger resistance to this if we compare it to last year so there is a possibility for Bitcoin to be above $50K if the price decline actually occurs at the end of this month or next month. But what we are seeing now is still at $63K with quite slow movement in the market.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Kemarit on April 27, 2024, 10:30:15 PM
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.
Currently the price of Bitcoin is still at $63K and if a decline can occur at the end of this month or at the beginning of next month, I will not immediately make a prediction for the $50K range. Because currently Bitcoin has stronger resistance to this if we compare it to last year so there is a possibility for Bitcoin to be above $50K if the price decline actually occurs at the end of this month or next month. But what we are seeing now is still at $63K with quite slow movement in the market.

Yes, +/- $63,000, still good price though, and I think everyone should understand that even if we had the catalyst for a bull run already completed which is the block halving, it doesn't mean that the price is immediately go and reach 6 digits. It's not how Bitcoin works, it might take sometime for the market to have that kind of run, maybe we need some news to push the price or just the whales suddenly find themselves wanting to initiate a bull run.

I also don't think that $50,000 or a potential dump in the market is going to happen. We have a huge support at any line, like in $60,000 or even lower. We just need to have patience, specially to beginners in the market and just don't overthink and be nervous about a huge decrease in price. Everything will fall for us this year, IMHO.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Ndabagi01 on April 27, 2024, 11:34:16 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Bitcoin has been ranging between $63K and I don’t see a major change in the market coming any moment from now. The market has been experiencing a lot of volatility lately but it doesn’t make bitcoin to make a major pump or a bullish trend. The last move to more than $70K was a long predicted one and it happened quickly and immediately came back to its support zone. Since before the halving, I have come across many speculations that bitcoin will dip down to $50K, but after the halving and how the market has been performing since then, I don’t see a major dip below the support zones now but a gradual movement above the $70K resistance to breakthrough it and continue in that direction is what I foresee in the market now.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Sexylizzy2813 on April 29, 2024, 12:18:50 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

I'd call this period the panic period, you have to see Bitcoin price go against the expected amount as it was suppose to hit $80k and above but you see it dropping at a fast speed, it made some to have that fear that Bitcoin price is going back down to $40k and some even have to sell because of the dear of losing. I feel is just for the time being and the market price would make a new turn back to the ATH which is $73k but as for $100k it won't be now or maybe lose to the end of this year, it depends on how fast Bitcoin price is but for now it is either $69k to $75k.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: ArumiBTC on April 29, 2024, 02:12:34 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
I wonder what "valid" means?. See, the chart is not always working aligned with news and analyst is as clueless as a regular person. Warren Buffett once famously said that even a monkey could pick stocks and predict the market with a 50% success rate.
My action in the uncertainty is risking less than 10% of my portfolio and only buying at the lowest price of a monthly candle. Other than that, stay USDT.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Rabata on April 29, 2024, 04:49:15 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.
Prior to the Bitcoin halving, some investors were quite enthusiastic about investing in Bitcoin, investing in it for short-term profits. They are trying to change their attitude after Halving happened. Currently it is trading near privious ATH in the market but due to little volatility among the investors it is not possible to get expected results yet. It is not the case that the Bitcoin price will be bullish immediately after the halving. Look at Bitcoin history where Bitcoin has been bullish for quite some time after Halving.

Currently, according to our expectations, the Bitcoin price is more likely to reach 100K. But when there is a slight price correction, some investors' disbelief leads the market to fall further. As per current market conditions we have no risk of Bitcoin price going to 50k. Though anything can happen at any time.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Nanga Parbat on April 29, 2024, 08:21:36 AM
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase.
Everyone was expecting Bitcoin to hit 100k after the halving, but that doesn't seem to be happening.As before halving the price if Bitcoin went up very quickly and if Bitcoin had made its strong resistance at 73k it might have seen going to 100k .

Quote
Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.
And currently the price of Bitcoin is trading at 63k to 62k . Looking at there this acceleration  there is no possiblity of Bitcoin going up , but the chance of going down are high. If you look fundamentally there is no bed news so far that makes us think that Bitcoin and nation will go because if you look at the price of Ethereum it has formed its strong resistance , Bitcoin and Ethereum have their own movement  but from their price we can make a little guess.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: STT on April 29, 2024, 05:29:34 PM
50k is more likely, its closer if nothing else, in the next few days to a week you might be able to find out which way and if 50k is where we are being drawn to.  Since February we've only gone to this pricing of 63k or lower then retracted back upwards to resume the same range over and over again.  Its really hard to know which way we go but we can fairly certainly define the boundary edges to our range of movement over the last few months and this area is right at the lowest we should go if on a reasonable course higher.

The spikey candles on the weekly bar are what indicates this boundary, I guess think of it as an electric fence.  The cattle that trade this market can trample the fence if they rush forward but so far all we did was creep upto this boundary range then sharply recoil back higher, look for a change in that behavior.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: justdimin on April 30, 2024, 05:44:03 PM
And currently the price of Bitcoin is trading at 63k to 62k . Looking at there this acceleration  there is no possiblity of Bitcoin going up , but the chance of going down are high. If you look fundamentally there is no bed news so far that makes us think that Bitcoin and nation will go because if you look at the price of Ethereum it has formed its strong resistance , Bitcoin and Ethereum have their own movement  but from their price we can make a little guess.
It doesn't happen, because its not there yet. We are thinking that halving is something that does take a bit of time and by the end of this year we are going to see a big increase. Check the increases after halving in 2014 and in 2021 as well, those two years had a great increase and I believe that we are going to have the same, which by the way happened in 2017 as many people know as well. So that means, by the end of this year the price increases and next year the price reaches to peak points as well.

So, I believe we could see 100k by December, and 150k+ by next year march or April as well, that is the most important part. I think the return on investment for someone who puts money now, could be x2 or x3 in a year, which is why its a great time to put money into.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: AnonBitCoiner on May 01, 2024, 10:07:37 AM
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.

When the price hit 73k$ then everyone was happy and was assuming that the price would hit 100k$ but now it seems that price will take time to hit 100k$ and is not an easy achievement. People are making mistakes that when they see regular pumping then they start to invest more and more but they don't remember that such a pump can also stop immediately.

Price movement is unpredictable but after halving it does not change a lot and persists at 63k$ for longer time so I think instead of going down it will pump and will steadily move towards 100k$ with a little bit of dumping price.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Dave1 on May 01, 2024, 11:32:12 AM
And now it looks like the pattern that the OP put here might be emerging, and base on the response including myself, I doubt that $50k might be reach. But today, we've seen fluctuations as long as $56k and then moving forward to $60k.

It's seems that we are in bear market after the halving?

Or it is just the market is not reacting to any as there are no positive news but instead we will go on another downward trend?


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: TravelMug on May 01, 2024, 11:36:03 AM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.

It's because of the news about the approval of Bitcoin Spot ETF that pushes the price to a new all time high. Now it settled down, but no worries, halving is done and it's just a matter of time before the price goes on a parabolic rise.

Yes, it is still at $63k, but that is obviously very high still after the halving, and it seems though that after a week, price has settled down a bit with no movement at all. But it doesn't mean that we won't be seeing any action. It's just the investors might be holding back for now. We just need that one good news to get the market going again and most likely it will come in the next couple of months and my prediction is that after the end of the month we might see 6 digits for the first time.

The same thing is happening, as per there are another thread about the Hongkong spot bitcoin ETF approval and it says that we might see the same cycle as the US. When we heard about the US approval, we thought that the price will go up immediately, unfortunately it did not. We have to wait for several months before we can actually see the impact of the approval. And so there is this thought that it might be the same with the Hongkong approval although the market in Hongkong is not as big as the US. Regardless though of what is happening around, this is just a big test for us again. Price is below $60k now, and it could down as low as $50k was what the OP could have though after the halving.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Mame89 on May 02, 2024, 10:16:20 AM
I know no one can speculate or predict it accurately.
The exact price movement of Bitcoin may be impossible for any of us to predict. We who are small investors when we see that the price of Bitcoin is increasing we think that the price of Bitcoin will reach a very high level very soon. Again, when we see the price of Bitcoin temporarily falling, we think that the price of Bitcoin may go much lower. We all know that half of Bitcoin is already complete. Before this Bitcoin halving was organized, many predicted that the price of Bitcoin could reach $100k and many commented that the price of Bitcoin could fall to $50,000. None of these people's predictions came true as Bitcoin is now at $66,000. Now everyone is predicting or predicting that bitcoin price will reach 100k dollars but it needs time.
Yes that's right. It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on May 03, 2024, 12:00:37 PM
I wonder what "valid" means?. See, the chart is not always working aligned with news and analyst is as clueless as a regular person. Warren Buffett once famously said that even a monkey could pick stocks and predict the market with a 50% success rate.
My action in the uncertainty is risking less than 10% of my portfolio and only buying at the lowest price of a monthly candle. Other than that, stay USDT.

If you believe in Warren Buffett, you can follow what he says, but you also have to check whether he really likes Bitcoin investment. Because if it's just about investing in shares, I think you will find something more different when you start to believe in yourself to invest in Bitcoin after you find more knowledge to know more about Bitcoin. The Bitcoin price graph is not always in line with what analysts think, because if the graph can be in line with their thoughts, of course they will get rich more easily through investment and also through trading in the market.

But you don't need to be afraid of the price chart not being in line with the minds of many people as long as you have enough confidence in investing in Bitcoin for the long term. Because in any investment, apart from having to have money, each person must also have the courage and knowledge that is really needed. So that every investor does not only move based on other people's words regarding any investment, but rather based on their own intentions and beliefs regarding what they will choose to invest in in the long term.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: DanWalker on May 03, 2024, 03:01:50 PM
Before the Bitcoin halving it looked like maybe the Bitcoin market would go over $100k after the Bitcoin halving. But after the Bitcoin halving, Bitcoin tends to decrease rather than increase. Bitcoin is currently at 63 thousand dollars and from here Bitcoin can take two types of turning especially if the price increases then it can go to 100k dollars and if the price of Bitcoin decreases it can go down to 50 thousand dollars.

When the price hit 73k$ then everyone was happy and was assuming that the price would hit 100k$ but now it seems that price will take time to hit 100k$ and is not an easy achievement. People are making mistakes that when they see regular pumping then they start to invest more and more but they don't remember that such a pump can also stop immediately.

Price movement is unpredictable but after halving it does not change a lot and persists at 63k$ for longer time so I think instead of going down it will pump and will steadily move towards 100k$ with a little bit of dumping price.

I believe everyone understands and is aware of that, but when the market is too excited and Fomo is at its maximum, you will be carried away by the crowd mentality and cannot easily escape.

I believe that with bitcoin continuously increasing in price for many months and continuously peaking, most people know that a bitcoin correction is inevitable. But investment psychology and greed do not allow us to stop until it is too late. Only when everything is over do we realize our mistakes.

It sounds easy to say, but I bet you have been in that situation, and will continue to be in that situation in the future when bull season comes. It's not easy to stop our greed when we're in a crazy bull market. That's why the financial market doesn't have too many winners, most will lose because controlling greed is not as easy as we say.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Bd officer on May 03, 2024, 05:30:58 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Fatunad on May 03, 2024, 07:54:58 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.
There are even those speculations that circles around that it might be going down again on 50k below or the worst maybe 48k then 42k but the price didnt hit up that low or we might be seeing some fake pump on here before disaster happens? No one could really be able to know on whats happening in the market today on which we know that its always been that unpredictable and there's no way that we could really be able to tell on where it would be heading. Somewhat with the use of those indicators plus having those fundamentals around then you could really be able to assume out that it might be this and that but actually no one really knows on what could happen on the next minute,days or weeks or months. The important thing on here is that you do really know on what you should gonna do on the time that the market will really be going up and down.
Whether you would really be holding up your position or you would really be making out such DCA's or whatsoever that you could really be able to think off with.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Riginac111 on May 03, 2024, 08:12:49 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
that is why I always say that bitcoin price is unpredictable for the price always increase and fall as nobody Knows When the price increases because it's not controllable so what I'm trying to advise people who do invest in cryptocurrency and they mostly for Bitcoin is that invest to what you can afford to lose because he may think that the price of Bitcoin will be going up up why the price will be decreasing so it has been the nature and the system bitcoin operate for long time


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: wmaurik on May 04, 2024, 11:55:42 AM
that is why I always say that bitcoin price is unpredictable for the price always increase and fall as nobody Knows When the price increases because it's not controllable so what I'm trying to advise people who do invest in cryptocurrency and they mostly for Bitcoin is that invest to what you can afford to lose because he may think that the price of Bitcoin will be going up up why the price will be decreasing so it has been the nature and the system bitcoin operate for long time
In fact, when it comes to investing, it's not about how much money we can afford to lose, but rather how much cold money we don't use in other businesses where the money would be more suitable for us to use in investments. So we won't feel worried about falling prices in the market, especially if what we invest in is Bitcoin, which historically has looked quite better even though there have been drops and increases in prices in the market. Because new investors always feel worried about falling prices and also regret when there is an increase in prices after they sold early or didn't buy at a low price.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: btc_angela on May 04, 2024, 01:05:06 PM
In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.

Same impression here, when we went down to $57k, I thought about this thread and I say that OP might have seen what's going to happen as we might go down deep to $50k. But now, the price has bounce back to $64k and what a recovery by the market.

Although it might have some investors getting nervous about the price going down, but it has recovered already so we might sleep very well at night moving forward. And this could be the start of what we are all been wanting to see, a bitcoin bull run this year and looking for 6 digit price range.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: bitgolden on May 07, 2024, 12:22:04 PM
It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.
I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: stomachgrowls on May 08, 2024, 07:16:31 PM
It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.
I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.
Trading is never been easy in the first place on which it would be something that not everyone would really be able to deal or be able to handle it out. This is why it would really be just that better that you should really be that taking up on what are the risks involved on the time that you had stepped your foot into the market.There's no way that we could really be able to predict on where it would be going whether 100k or 50k then there's no one on this world would really be able to make themselves to predict on where it would be heading. This is why the important thing on here is that you do really know when to get in and on when to get out.
This market cant really be predicted and this is why not all would really be making money and this is why tons could really experience loses of their investment. Results would really be that different to each person or trader because actions would really vary.


Title: Re: Bitcoin way forward - Towards $100k or $50k
Post by: Kemarit on May 08, 2024, 10:58:40 PM
It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.
I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It's not that complicated though, yeah there are risk period and we all know that. Involving ourselves in Bitcoin takes a lot mentally, and it's more of the money. We need to be smart when to enter the market and then continuously buying at a rate, which what we call DCA.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.

But after we get over with it, it will be simply, just repeat the process. Bu then again, it's the patience and then we need to set our goals, and the best advise is to go long term or continue to invest at least one full cycle in this market and see how it goes for you. If you feel that this market is for you, then go and have a journey. But if you felt that you need more time, maybe you need to go to another test.