In my opinion, bitcoin price will continue to rise until it reaches at least above $35k. Even now the price of bitcoin is in the range of $28k. Therefore, it's better for you to hold your bitcoin first and don't sell it first because the potential for increase still continues.
Bitcoin holders are not the only expect the bullishness but people in the entire crypto space have been waiting for that desired market in Bitcoin for a long time. Since the 12th of this month, many are hopeful that Bitcoin will return to its former bullish trend. While some people have mixed reactions though, there is naturally a lot of excitement and enthusiasm among investors to invest in Bitcoin. Currently BTC is trading at $27600 which is slightly lower than last day. But the current situation is still good where bitcoin price can cross 30 level. Correct. Of course, everyone hopes that the crypto market will return to a bullish trend, especially for those who have long held bitcoin, eager to sell so they can get money for other purposes. Therefore, I am optimistic that the bullish trend will return soon and bitcoin can pass above $30k. I think the opportunity for bitcoin for Rise is greater than Fall, today the price rises again after about 4 days red, this shows that Bitcoin still has the opportunity to touch $ 30k at the end of March, if the price of $ 30k can be achieved then I'm sure the April Market will be Shining more and reaches at least $ 40K.
We are currently in the first week of June and the bitcoin price is hovering around $25k-$26k. Granted, bitcoin still has the potential to reach a price above $30k, but apparently not in June. Therefore, let's see how far the price moves forward, at least in early July. Can bitcoin price reach $30k or will it drop again in July. |
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In my opinion, the potential for bitcoin's position to change and price to go back above $60k is likely to occur during the next halving. Where it is estimated that the next bitcoin halving will occur in 2024. As we know that usually when a halving occurs, bitcoin will print a new ATH level.
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If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.
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I think it's a bit difficult if the bitcoin price will immediately reach $40k within this month. Recently the price of bitcoin has been on the decline and the resistance and support levels are not doing much better. Therefore, I am speculating that the bitcoin price will most likely only go above $30k and close to $35k in the next few months.
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With $ 10k, it's better to just invest in bitcoin. Investing in Bitcoin is not only safe, it also has the potential to generate large profits, especially with a capital of $ 10k, you can get up to 3x returns if you invest in the long term.
Bitcoin is still the best choice I think for long term investment and there is no doubt about it, besides Bitcoin other top coins like Ethereum and BNB are also good for long term, the most important thing before investing you must know your goals and after that adjust them to your goals. I agree with you that until now bitcoin has been the best choice for both short term and long term investment. Indeed, before we invest in cryptocurrency, we must determine what our goals are for investing and we must also be able to analyze it thoroughly so that we don't experience big losses. Like investing in bitcoin even though it is the best investment, if we can determine when the right time to buy and sell is then we will experience big losses. |
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Indeed, it is basically difficult to give the exact time and price of a coin at any time. However, I'm not sure if the PEPE coin can jump up very significantly, especially if it's only influenced by Elon musk. As we know, some people will doubt Elon Musk after what he did to Dogecoin where at that time many people were tempted to buy Dogecoin because of Elon Musk's tweets on Twitter but it didn't last long and Dogecoin's price collapsed until now. Even now he doesn't care anymore about Dogecoin.
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Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
I don't think the bitcoin price will drop below $18k anymore. Especially if you look at the recent crypto market sentiment, it seems that the price of bitcoin is more inclined to go up, it doesn't even rule out the possibility that the price of bitcoin will reach $ 40k. Therefore, if you really want to invest in bitcoin, pay attention to market sentiment, to convince yourself whether Bitcoin will experience another increase or decrease so that it will make it easier for you to make a decision to determine the right time to invest in bitcoin. |
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It is very difficult to predict about how the next BTC pump will be because the price of BTC is very volatile. However, if someone says that BTC is a failed project, then that is wrong. People who think BTC is a failed project then that person doesn't understand about cryptocurrency. Therefore study first and understand in detail before saying if the BTC project failed.
How can someone say BTC has failed? I mean have you seen Bitcoins growth since it’s launch? These type of peoples are real example of how an impatient person thinks like. Bitcoins are limited in number, so just remember this while buying the coins. The marketcap is high and demand among the people to accumulate Bitcoins are increasing, so buy as many Bitcoins as you can and store it for long term before the pump comes, as once Bitcoin start gaining the pace, it won’t stop. These smaller pullbacks in price are just the price correction, so don’t get afraid by seeing this. People who say BTC has failed are people who don't fully understand cryptocurrency. Usually people like that tend to be consumed by negative news circulating and are classified as FOMO or FUD. Most people think like that because they can't manage their emotions when they see a sluggish market. Even if they understand the crypto market and do in-depth analysis, now is the right time to buy bitcoin or altcoins before the pump comes. Until this point, if someone said bitcoin was going to fail, they weren't people who didn't fully understand bitcoin, I think they were more jealous than ignorant. They think they missed the bitcoin train and are annoyed that more and more people are getting rich on bitcoin. Those who say that bitcoin is dead and are trying to spread Fuds so that others can participate in bitcoin like them, we can say they are selfish, jealous people. No matter how high bitcoin gets, whether it's 100k or 200k, they'll never stop their stupid acts. Indeed, if someone says bitcoin failed it is not that they do not fully understand bitcoin, but such actions do not mean they are jealous. Precisely someone who says bitcoin failed, they usually panic and get emotional when they see the bitcoin market crashing and they experience huge losses. What's more, for those who have just invested in crypto and immediately experienced a loss, they will say bitcoin failed because it was not what they expected or saw other people getting rich with bitcoin. |
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When the bitcoin price is back above $30k, of course we all feel very happy because the last few months the bitcoin price has climbed above $30k. Therefore I expect bitcoin's current rise in price to continue at least soon to reach at least above $40k this year.
maybe it will go down first before it will increase to reach $ 40K, because with a long enough time, the price will probably be able to go down again before actually preparing for the moment to increase closer to the time the halving will occur. The halving is just waiting for the month and there will always be surprises beforehand. There may be a slight correction on the way to a significant price increase. Especially before the halving occurs, usually when the price of bitcoin increases, it doesn't last long to experience a slight decrease and this is a natural thing to happen to reach the next price target. |
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I think determining whether Bitcoin is bullish or bearish in 2023 will depend on the complex interplay of economic, social, and technological factors. It is important to remember that investing in cryptocurrencies is inherently risky and should be approached with caution and careful consideration of your personal financial situation and risk tolerance.
Risk consideration and personal financial tolerance are really needed by those who want to invest in crypto. Because it is clear that any market conditions including the crypto market itself are always influenced by economic, social and technological factors and one more thing is the safety factor for everyone who invests. And if all of these things are very good without any interference with its development, bullish on Bitcoin also cannot be determined as long as the increase is still slow with corrections that still tend to occur in the market. Likewise with bearish which also cannot be determined casually even though the increase does not occur more quickly in the market. Of course risk considerations and financial tolerance are needed in investing, especially in cryptocurrencies. Apart from that, investing in crypto currency is also necessary so that we can manage our emotions well because the price of cryptocurrency is very volatile. If we are not ready to face the turmoil of the crypto market and cannot manage our emotions well, then we will be trapped in big losses. |
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Keep in mind that altcoin performance can vary widely and should not be generalized across the board. While some altcoins may not perform well, others show significant growth and adoption. Also, the cryptocurrency market is known for its volatility, and it is not uncommon for prices to fluctuate rapidly. Therefore, it is important to conduct thorough research and analysis before making any investment decisions, including investing in altcoins.
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Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?
if my advice, you can invest 50% in Ethereum and 50% in BNB, because ETH and BNB are the best investments at any time, so you have nothing to lose if you invest in ETH and BNB for the long term, because the price of ETH and BNB will definitely create a new ATH price, so that will allow you to earn a lot of profit from investing in ETH and BNB at this time and hold for the long term. It's a good move to invest more than one coin. It is indeed very wise if we invest in more than one potential coin because then we can get various benefits from this investment. Especially if investing in BNB and ETH because these two coins make it possible for us to get big profits both in the short and long term. |
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Identifying a good crypto project or a scam can be a difficult task, as the crypto industry is constantly evolving and new projects are emerging every day. Here are some steps that can help you avoid fraudulent projects:
-snip-
4. Review the credibility of the development team: Ensure that the development team has sufficient credibility and experience in the field of crypto or blockchain technology. Review the backgrounds and experiences of team members to ensure that they can develop and execute projects well.-snip-
i agree with you, analyzing background's team aspect is one of most important things to do to avoid a scam project. but what do you think if you find credible tim inside the project, it seems good at initial phase of sales, but time by time the project goes to be a scam project. Do you remember Terra Luna? this is what i am talking about.. I means not every credible team inside a project will guarantee the legitimate of the project. Indeed, there are not a few projects that have a credible team behind them, but in the end the project is a fraud. But at least with a credible team that builds a project, it will gain trust in the eyes of investors. But we must realize that no matter how good a project is and have a credible team, there are definitely risks in investing in crypto currency. |
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I think BTC ETH are the best options. Now is a bear market and the perfect time to get in.
Indeed, BTC and ETH are the best options for investment. However, in the current bear market situation, it is very difficult to determine the right time to buy because the price in the market continues to decline. Moreover, predicting when bitcoin will reach its lowest price before finally turning around. Therefore, don't be too hasty in making decisions and it's better to save your money by not spending the entire investment fund at once because we don't know yet whether the current price decline will continue or not. That's right, make sure to stay calm so you can think clearly and don't forget to do an analysis, making decisions in a hurry will only be detrimental so don't let us do that, the most important thing is to stay abreast of developments and market movements. Correct. I agree with you that don't make hasty decisions when investing in cryptocurrencies. Before making a decision, it is very important to do an analysis first and also follow market developments so that the decisions we make can be profitable or at least avoid the potential for huge losses. |
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Basically it is difficult to know exactly what factors make the increase in the price of bitcoin. However, perhaps one of the reasons for the recent increase in bitcoin price is due to FOMO. It is well known that FOMO is basically Fear of missing out on potential profits has also driven Bitcoin demand, especially among retail investors.
Apart from that Bitcoin has so far received increasing new Adoption as well as demand and supply which are reportedly increasing, FOMO also plays a role here with the fear of losing potential profits later making demand increase, moreover now Bitcoin can be used as an alternative in several Aspect, of course now with this alternative they are increasingly hunting for Bitcoin adoption. Along with the increasing number of new adoptions, the price of bitcoin continues to increase in price. However, actually the rise and fall of the bitcoin price is influenced by many factors. one of them is because investors' worries and fears about the financial sector such as monetary policy, tightening regulations, and anxiety about banking have made the momentum for bitcoin and other cryptocurrencies to rise. |
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Actually it is very difficult to predict accurately what the price of bitcoin will be in 2023. However, I see that the bitcoin market is currently in an uptrend and is predicted to continue to rise until the end of this year. Therefore I predict that this year the price of bitcoin has the potential to reach around $35k-$45k.
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I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.
Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit. This pattern is widely used by people and is proven to be able to get big profits. History records that bitcoin always prints new ATH when halvings occur and this is evident from the journey since the first halving occurred where bitcoin always prints new ATH. Therefore, I am sure that if the next halving is bitcoin will print new ATH again. |
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Indeed, Ethereum is often considered the king of altcoins. One of the main reasons is that Ethereum has the largest ecosystem and community of developers in the crypto market. Additionally, Ethereum 2.0 has already been launched, which aims to address the scalability and high cost issues plaguing the Ethereum network. With this upgrade, Ethereum can solidify its position as a major player in the cryptocurrency market.
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BITCOIN PRICE TODAY
Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today, but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.
The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.
For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
In my opinion, while a tool like Your Bitcoin Mindset can be useful for calculating the price of various assets in Bitcoin, it is important to combine this information with other factors and cultivate a sound investment mindset to make informed investment decisions. |
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In my opinion, the price of Bitcoin could potentially reach $100K in 2024 as long as there are no threats to it in terms of competition and regulation, its limited supply and increasing popularity will ensure that it continues to reach new highs in the future. Moreover, if the bitcoin halving later occurs, the potential for printing new ATH is very possible. This has already happened where the Bitcoin price has reached ATH several times in the past, so it is possible that in 2024 the bitcoin price will reach $ 100k which is a new ATH.
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