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In my opinion, it seems that the current bearish market sentiment is still continuing because the FED will do many ways to curb inflation. With the FED policies the crypto market is getting weaker due to a lot of massive selling.
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I see the price of bitcoin is still likely to drop from the current price until corrected to the $28k area. the correction that made the bitcoin price drop in the last few weeks was caught in a negative trend. Therefore, if the current price correction continues, the bitcoin price will drop to the $28k area and it's possible that the bitcoin price will hit the $25k area again.
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Indeed, Buy the DIP, and HODL are good strategies to apply when investors are feeling FOMO, FUD, and various other potentially detrimental emotions. Especially when the price drops compared to when the price was purchased. This helps us to prevent wrong timing of sales in the market.
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It's hard to know for sure what caused the bitcoin price to drop. However, one of the factors that made the price of bitcoin go down was that more and more market sentiment was negative. As we know that the more negative sentiment in the market will have an impact on the decline in the price of bitcoin and altcoins. Negative sentiment could be fueled by a series of gloomy news that caused some people to panic. The negative market sentiment has persisted in the last few weeks so the bitcoin price dropped to the current $33k area.
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That was a great and brave performance from Villarreal. Right at the beginning, many were still hoping that there could be a miracle today. And after the second goal, they only had to hold out for 45 minutes. But then the pressure and the quality of Liverpool was too much. Nevertheless, a great performance by Villarreal. And congratulations to Liverpool and Klopp.
Unexpectedly, Villarreal actually played very well in the first half. Villarreal were able to score two goals in the first half and had forced the aggregate to be 2-2. Unfortunately, in the second half they reduced the intensity of the game and allowed Liverpool to score three goals back to seal the victory that saw Liverpool qualify for the Champions League final. Liverpool's quality was very evident in the second half, in the second half they were able to get up even though in the first half they had to concede 2 goals. Liverpool's winning mentality. They deserved to win the second leg and they deserved to be in the final too, because at the moment they are one of the best teams in Europe. It is undeniable that Liverpool is one of the best teams in Europe. Liverpool showed its quality with a team that has a high level of maturity. Their winning mentality was phenomenal, this was shown in the second half which was able to catch up with 2 goals to reverse the score to 2-3 for Liverpool's victory. Even in this season Liverpool have the opportunity to win a quadruple. If Liverpool are able to achieve a quadruple, then they will be the only team to do so and will be remembered throughout history. |
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Man City vs Real Madrid, I'm sure people will be looking forward to a very decisive match where Real Madrid will play at home. at least they have some positive points to go ahead and equalize on aggregate. Real Madrid appearance is clearly expected to be optimal, after having won a position in La Liga so they can now focus more on trying out Man City. There is a possibility that the match that will take place will be a little dramatic.
The Real Madrid vs Man City match will be fierce. Both teams still have the same chance of qualifying for the final, although Real Madrid will have to work extra hard in this match because they are one goal down on aggregate in the first leg. Moreover, Real Madrid will play in front of their own supporters and also they have just sealed the La Liga title, so that in the match later they will be more confident to face Man City. |
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That was a great and brave performance from Villarreal. Right at the beginning, many were still hoping that there could be a miracle today. And after the second goal, they only had to hold out for 45 minutes. But then the pressure and the quality of Liverpool was too much. Nevertheless, a great performance by Villarreal. And congratulations to Liverpool and Klopp.
Unexpectedly, Villarreal actually played very well in the first half. Villarreal were able to score two goals in the first half and had forced the aggregate to be 2-2. Unfortunately, in the second half they reduced the intensity of the game and allowed Liverpool to score three goals back to seal the victory that saw Liverpool qualify for the Champions League final. |
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I think, technically Bitcoin still has the potential to hit $80k if it is able to break through strong resistance above $70k thanks to low volatility, increased buying, and more and more big companies adopting bitcoin. However, I see this year despite bitcoin's bullishness, it seems difficult to hit its $80k price target.
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I think the price of Bitcoin will continue to rise in the short term and this can be seen when the bitcoin price is currently trading in the $39k-$38k range. Although Bitcoin price movements may still experience a correction from the current price, it seems that we are not moving in a bear market anymore.
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My hope is that in the future more countries will consider bitcoin as a legal tender as El Salvador has done. By adopting blockchain technology, Bitcoin can overcome the financial problems of developing countries and poor countries in the world so as to encourage a better financial system.
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Predicting what the bitcoin price will be in 2025 will not be completely correct because no one, not even many experts can't predict the bitcoin price accurately, especially in the next few years. Especially considering the current price trend, it is very likely that the price of bitcoin will be difficult to reach the price of $100k next year.
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If you follow a 4-year cycle maybe in 2026 the bitcoin price will trade around the $200k-$250k price level. When compared to the previous year, the price of Bitcoin is likely to experience significant growth in 2026. But we do not know how far the price of bitcoin will rise in the future, and whether the next 4-year cycle will be the same as the previous cycle.
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I think the crypto market seems to be starting to get better and heading into the green during the third week of April. Even now the bitcoin price has broken through the $41k area again. Therefore, looking at the current price movement there seems to be no obstacle for bitcoin to hit its $50k price target in the next few weeks.
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If you want to trade in the short term, you can buy bitcoins with the capital you have without needing more money. With a small capital you can benefit in trading bitcoin especially when you buy bitcoin when the price was $35k a few weeks ago now you have made a big profit because the current bitcoin price has passed $46k.
When you are dealing with a small capital that means you should not be worried about the trading losses too much neither because you will be losing little and it would be easier to recover. We should remember that the most a coin could drop would be 100%, so all of your money would be gone, but it could go 10000x higher, of course very rare, but even a 10x is proof that it could go so much higher. When you invest 100 bucks, the most you could ever lose is 100 bucks, but you could earn thousands from it, not just another 100. This is why small investments matter even more, because you could lose small, but earn so much bigger than what you invested. I agree with you that trading cryptocurrencies with small capital can yield big profits. However, those who have just started trading Bitcoin, of course, will experience tremendous difficulties. Mainly because they assume that it takes a lot of capital to buy Bitcoins which are very expensive. Even though we can also trade Bitcoin with only a small capital, even starting from $100. From this small capital, we can earn much bigger per month if we can choose the trading strategy well. |
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I don't think the bitcoin price drop in the last few weeks has anything to do with the Russia-Ukraine war situation. I see bitcoin's price dropping right now as macroeconomic and geopolitical headwinds continue. But I believe that the decline in the price of bitcoin is only temporary and I am optimistic that the price of bitcoin will again experience a significant increase in the next few months.
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With the growth in the price of bitcoin which tends to increase from year to year, of course bitcoin is the best investment so that more and more people are interested in making bitcoin for daily trading as a long-term investment instrument to reap profits. Even the trend of rising bitcoin prices will continue to be positive for the next few years until they set a new ATH record.
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I think so far Bitcoin has been moving in a transition phase from correction to strengthening. I see the current rise in the price of bitcoin indicating that bitcoin is back in a bullish phase. Therefore, the bitcoin price will stay above $40k for a long time and also bitcoin will be able to breakout in the $50K area.
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In my opinion, Bitcoin price will continue to rise and potentially hit the $60k price target after successfully breaking through the $45K rally in the last few weeks. The bitcoin price is currently trading in the $47K price range. Therefore, I think that as long as Bitcoin doesn't drop more than $45k, it can still go up to $55k-$60k.
Now bitcoin is starting to enter a rally phase and make the price strengthen in the market, some analyzes say that bitcoin is currently at an overbought level and of course tends to make bitcoin price stronger in the market, if we look at the potential that exists with bitcoin ability to penetrate price resistance at the level of $45,000 it is possible that bitcoin can reach new price resistance at $51K-$53K in the near future. Right. Bitcoin has continued to experience price movements since the last few weeks. I assume bitcoin continues to strengthen until it reaches its target price above $50k. But even though there is a slight decrease in price, I consider it normal, there is even another opportunity to buy. |
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In my opinion, the prospect of Bitcoin still has the potential to penetrate a new ATH if the positive sentiment that pushes Bitcoin to its highest level is more and more. Moreover, in the last few days bitcoin had experienced a pumping where the bitcoin price had touched the $46k-$47k area again. Therefore, it is better to hold on for the long term and do not rush to take profits, wait and see how far the market will go.
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In my opinion, if the current bitcoin price rally continues then the bitcoin price has the potential to hit its $100k price target possibly next year. I see bitcoin hitting the $100k price level next year as traders or momentum chasers start buying bitcoins during a strong rally.
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