Here’s what traders expect now that Bitcoin price rallied back to $50K

[buwaytress]

I wonder if PlanB will predict the price correctly in this year.

You're a trader (if I believe you) so you don't really have much "choice" but to follow the masses;) Much as I don't really follow, PlanB's direction has pretty much been the one still on track, with the least divergence from his lines. We're still not there yet, and the line's been a lot more stable than anyone's been plotting. I still feel 200MA's not comfortable enough for me to feel absolutely positive.

[rahmatrf331]

Markets tend to behave cyclically and if you can hold on long enough while managing your exposure it can be a steady source of income and knowledge, although it can also be very painful at times. The resistance at $50k was so strong that yesterday the price retreated to $47k, luckily it didn't drop below $47k. today the market is back to support to the figure of $50k but conditions are still very weak.
The turnaround is incredible this time around and many assume that bitcoin will break through to $100k later this year and traders making such predictions are actually just trying to cash in on their long-held buy assets.

[dezoel]

Honestly I believe that there is a good chance we could make a big increase right now, it has been around here for a while and even when the price tried to go down we managed to go up back to 50k level and that tells us something. It is the proof that even when price tries to go down, market will not let it go down and believes that we could do it, and that is what I am planning on doing sometime soon, it is definitely something that we deserve to do.

I am not saying that we won't ever go down, of course we will go down eventually but the reality is that we do not have to go down, and even if we do that will probably be a small drop first but then a big increase later on. It is just obvious that we are trying to break out right now.

[Wakate]

The speculation of the price of Bitcoin hitting $50k before going to either upward direction or downward direction will be determined by price and nature of the market. Bitcoin had already hit $50k and now already at $49k which can still go down before going bullish to hit  its previous high.

Based on the positive news of the crypto be market from different corner, I think Bitcoin might decides to continue it's upward trend that Could hit $100k before the end of January 2022

[bitgov]

The speculation of the price of Bitcoin hitting $50k before going to either upward direction or downward direction will be determined by price and nature of the market. Bitcoin had already hit $50k and now already at $49k which can still go down before going bullish to hit  its previous high.

Based on the positive news of the crypto be market from different corner, I think Bitcoin might decides to continue it's upward trend that Could hit $100k before the end of January 2022

At the moment, we can see that it is practically impossible to predict how Bitcoin will behave in the short term. This thread, however, is there to speculate about it.
Just as we speculate that Bitcoin could have $100k by the end of January 2022, we can also say that Bitcoin could have $200k at the end of January 2022. No one really can predict this, so all these amounts are just a lottery .

[darkangelosme]

The speculation of the price of Bitcoin hitting $50k before going to either upward direction or downward direction will be determined by price and nature of the market. Bitcoin had already hit $50k and now already at $49k which can still go down before going bullish to hit  its previous high.

Based on the positive news of the crypto be market from different corner, I think Bitcoin might decides to continue it's upward trend that Could hit $100k before the end of January 2022

At the moment, we can see that it is practically impossible to predict how Bitcoin will behave in the short term. This thread, however, is there to speculate about it.
Just as we speculate that Bitcoin could have $100k by the end of January 2022, we can also say that Bitcoin could have $200k at the end of January 2022. No one really can predict this, so all these amounts are just a lottery .

Every traders have different point of view no one can say what will Bitcoin can do in market this year except those who has big investment in the game or what we call big we call big whales. The only we can do is to do the rules of buy when low and sell when high.

[arwin100]

The speculation of the price of Bitcoin hitting $50k before going to either upward direction or downward direction will be determined by price and nature of the market. Bitcoin had already hit $50k and now already at $49k which can still go down before going bullish to hit  its previous high.

Based on the positive news of the crypto be market from different corner, I think Bitcoin might decides to continue it's upward trend that Could hit $100k before the end of January 2022

At the moment, we can see that it is practically impossible to predict how Bitcoin will behave in the short term. This thread, however, is there to speculate about it.
Just as we speculate that Bitcoin could have $100k by the end of January 2022, we can also say that Bitcoin could have $200k at the end of January 2022. No one really can predict this, so all these amounts are just a lottery .

Every traders have different point of view no one can say what will Bitcoin can do in market this year except those who has big investment in the game or what we call big we call big whales. The only we can do is to do the rules of buy when low and sell when high.

Yeah not every traders we know have the same point of view towards on what will happen on future since each traders have their own predictions and strategy on how they execute their trades. But one thing we can look after their prediction and that is what is the prediction of majority then we can connect it since if many think about positive as well as it correlate to the market movement then we can say that we might see a bullish situation on next following days.

[TheGreatPython]

Markets tend to behave cyclically and if you can hold on long enough while managing your exposure it can be a steady source of income and knowledge, although it can also be very painful at times. The resistance at $50k was so strong that yesterday the price retreated to $47k, luckily it didn't drop below $47k. today the market is back to support to the figure of $50k but conditions are still very weak.
The turnaround is incredible this time around and many assume that bitcoin will break through to $100k later this year and traders making such predictions are actually just trying to cash in on their long-held buy assets.

I would say that up and down are the only options in the crypto world, or in any market really and that is why I do not think that there is any other option to pick. Bitcoin sometimes goes down and in that period you buy it because that is what you should when its low, then it goes up and that is when you should sell.

Honestly it is all about timing but even if you time it wrong, if you buy when it goes down, it may keep going down but eventually will go up, so if you time it right then you can buy at bottom and sell at peak but even if you do not reach that level of perfection you will eventually end up with doing it correctly if you could simply just buy when it goes down and sell when it goes up because those are the only options.