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Author Topic: Bitcoin Future is still bullish.  (Read 540 times)
mohsing
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January 29, 2021, 09:39:06 AM
 #41

I am  bullish in Bitcoin for future.  More people and more institutions are investing in it.Market sentiments are showing that in near future it will be at 100k easily.
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January 29, 2021, 09:50:27 AM
 #42

In the long run, Bitcoin price will go up for sure. More people 'want in', others are losing coins, thus creating immense scarcity and many other factors are pushing the price up.
For the long-run Bitcoin will absolutely do well. It could reach millions, and the near future (perhaps end of this year) might even go to 50K. It is quite possible.

Quote
But nobody knows what will be the short-term situation.

Also agree. There is not yet a clear rise in BTC 's price but we do see a strong holding at the 30K mark, so as long as it can hold up to this we can expect it to cycle with some ups and a few downs too. So, far though things are looking good - not the best, but it's the best you could hope for  Smiley
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January 29, 2021, 11:16:18 AM
 #43

Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent
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January 29, 2021, 11:32:11 AM
 #44


But nobody knows what will be the short-term situation.

Also agree. There is not yet a clear rise in BTC 's price but we do see a strong holding at the 30K mark, so as long as it can hold up to this we can expect it to cycle with some ups and a few downs too. So, far though things are looking good - not the best, but it's the best you could hope for  Smiley

Short term price actions won't really matter If you're aiming for a long term investment. Most probably those who are concerned with the daily and weekly price movements are those day traders or short term traders. But when we're talking about Bitcoin's future, then I assume we're talking about the long term investment profit of holding.

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January 29, 2021, 11:37:59 AM
 #45

Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent

Obviously because this market will not survive if bitcoin will not be bullish.  As we all know, bitcoin dominance is very high, currently at 64%, so if bitcoin will dump, the whole market will suffer and for the altcoins to grow, bitcoin has to grow more as well, that has been the trend.

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January 29, 2021, 12:30:01 PM
 #46

Bitcoin is a coin in the whole of the blockchain world that it is 100% bullish in the long term; and this is why it is always stated that there is no wrong time to invest in bitcoin. The future is definitely bullish as bitcoin continues to get wide adoption around the world. Do your research and not get complacent

Obviously because this market will not survive if bitcoin will not be bullish.  As we all know, bitcoin dominance is very high, currently at 64%, so if bitcoin will dump, the whole market will suffer and for the altcoins to grow, bitcoin has to grow more as well, that has been the trend.

True, The overall crypto market solely depends on BTC in terms in value which is not a healthy sign in crypto in my opinion. If all crypto continue to depend on BTC value in the long run, there will be no real adaption will happened since its a sign people investing on other currency are still depending on BTC price even though there own token should be sustainable by themselves.

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January 29, 2021, 12:52:53 PM
 #47

Many institutions invest in Bitcoin, this means the future of Bitcoin is good. Because institutions must do research on Bitcoin, before finally deciding
to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.

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imstillthebest
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January 29, 2021, 04:34:30 PM
 #48

Many institutions invest in Bitcoin, this means the future of Bitcoin is good. Because institutions must do research on Bitcoin, before finally deciding
to invest in Bitcoin in large numbers. They invest because they believe the future of Bitcoin will be bullish, so for those who are worried about
the future of Bitcoin because of the correction in recent days. There is no need to worry anymore if many institutions have started investing
in Bitcoin, which means Bitcoin is a profitable asset.
but what if these investors sell in the future and they will also leave after that ? Will btc still be bullish ,I bet not anymore but investors leaving btc is not likely ,what is likely is they can sell some percent of their assets  .
 Price drops but it will recover after some time .
Big Investors invest because they have other plans but those who mostly invest in btc thinking that btc future is bullish are small investors .
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January 29, 2021, 05:28:27 PM
 #49

But of course, data has shown that every post Bitcoin halving year remains in favour of price rise for Bitcoin. Anyone selling now for the purpose of fear that Bitcoin will crash will regret it big time. Even those trying to rebuy may likely miss the bus. This, to be honest, isn't just going to be a bullish moment for Bitcoin. Altcoins too are going to soar. I ain't even taken by surprise seeing that "the forgotten Dogecoin" hit over 8cents today. It's an impressive run so far.

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January 29, 2021, 11:59:12 PM
 #50


But nobody knows what will be the short-term situation.

Also agree. There is not yet a clear rise in BTC 's price but we do see a strong holding at the 30K mark, so as long as it can hold up to this we can expect it to cycle with some ups and a few downs too. So, far though things are looking good - not the best, but it's the best you could hope for  Smiley

Short term price actions won't really matter If you're aiming for a long term investment. Most probably those who are concerned with the daily and weekly price movements are those day traders or short term traders. But when we're talking about Bitcoin's future, then I assume we're talking about the long term investment profit of holding.

Long term traders sometimes move to short term if there is a great opportunity to sell, which tempts them to do so. Also, there will be times an individual will be forced to do things. Either way would be good and risky at the same time. But I do really anticipate a price downfall at this moment maybe $20k of a value in order for me to make up my mind to invest. It is hard to engage at this moment wherein the price is still high. Many are confused whether the price will now start to rise above $30k or be back to its price before. So likewise, it is just hard to predict what will happen in the future.
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January 30, 2021, 02:07:18 AM
 #51

The price of Bitcoin is difficult to predict, and it is not known whether the price will continue to rise in the future.
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January 30, 2021, 03:21:48 AM
 #52

Recently, the bitcoin market has cooled down, hovering around $30,000, but the market is still very optimistic about the upside of bitcoin. As institutional investors expand, it will push the price of bitcoin up.
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January 30, 2021, 03:36:53 AM
 #53

I also think that the price will rise, and it may reach $50,000 by the end of the year.
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January 30, 2021, 06:10:46 AM
 #54


After 2017, the price of Bitcoin has continued to rise, but the price has fallen somewhat recently. It should be a price adjustment, and the price should continue to rise in the future.
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January 30, 2021, 06:24:35 AM
 #55


Since I first learned about Bitcoin, the price of Bitcoin has risen a lot, and the price of Bitcoin will continue to rise in the future.
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January 30, 2021, 06:59:10 AM
 #56


It can be seen from these graphs that the price of Bitcoin will continue to rise after adjustment.
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