Bitcoin Price, Where Next

[peter0425]

this is what happens next mate https://coinmarketcap.com/currencies/bitcoin/ lowering to 26 hundred dollars , staying months in above this level but here we are again.
dumping badly for what reason ? i am still looking for answers.

I don't think the barrier will break anytime soon unless some big good news happened or the other way around.

Well, we are experiencing it now due to some news including of SpaceX selling its bitcoin holdings that cause panic sells hearing the news and is the price is dumping from 28k.

ohh now i see, i was seeking for better answer actually , thanks for the update mate , so it is Elon Musk once again?

[wmaurik]

These days certainly make a surprise for us because the price drops significantly, the current price is around $ 26K and can rise again from $ 25k, it seems like the Pope immediately acts when the price reaches $ 25k, may be a preparation before the end of the year and they immediately bought when the price is cheap , we also have to do that way, buying when it's cheap and sell at the end of the year when it is expensive.

Overnight the Bitcoin price nearly touched $27K again, but soon fell again to around $26K and is now also in that range with only a few percent change in price. A firm decision does exist and is clearly needed because any delay in buying will always be met with regret, except for those who are still willing to wait for the next drop in Bitcoin.

It's a no-brainer right now although in general you give a pretty good outlook for imagining a return on investment but I wouldn't imagine it now because the goal is to buy at the current price before Bitcoin starts to return to $30K again this year. although imagining a profit, it can motivate a person to continue buying at the current price.

[Wiwo]

The OP asked this question/posted since june, yet we still have almost the same range now in august which means it really become stable. I don't think the barrier will break anytime soon unless some big good news happened or the other way around. But usually ber months always do the uward trend, i'm not saying it always the same, and it will be this time but i hope it will.

The reality of today market value of Bitcoin was already in my head back then when I made this thread and even up on till now the price of Bitcoin seems a lot more stable, because even though the price plumb down suddenly which was as a result of a market sentiments attack, but Bitcoin overall price movement has not changed within this period and which all points to a lot of stabilities in the market.

[STT]

Its caught near and pushed below the 8 day average currently is what I roughly call a weekly average and just above the lows of the last sell.  So it will be squashed between those two outcomes, breaking up or down also BTC just carries on sideways quite often regardless of expectations.   Exclude the higher action after March 16th and consider the highs for almost a year back to July 2022 and you have the price that must serve steady as support now or we will go lower and BTC will have to prove itself worthy vs selling at presumably much lower prices.  
  I didnt think of BTC taking up a path lower but its the charts reflecting the market action is the opinion that matters not my own bias and ideas.   I went to weekly bars and draw a line between the most common prices closing weekly in that last year and price I got in common was 24387.  Its not that far from here and I did mention 25k is the area we'd be doing battle if we slipped at prices further above and so far we're slipping.   Till we prove otherwise and find strength in a foothold, I guess we slip.  The dollar index is not resolving downwards, it continues to threaten higher.

[mich]

Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

[Wiwo]

Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

Yeah getting stocked around the 26k region for a while points to two things according to my own analysis of the market and that is where the reality is, First is that it shows that Bitcoin prices have become more stable since it has built resistance around that price level when it market was forced down in the last couple of days back,  and the second possible guest is that,  Bitcoin is building momentum against the next big market direction.

I have been familiar with this kind of market situation a couple of times before and this is how that market behaviour works,  the price of Bitcoin will stay at a particular price for a while,  and suddenly of will take a particular direction that most speculators may not be able to understand that movement.

[Nrcewker]

Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

That’s a wild prediction out of no where I must say. I mean we all know what Bitcoins are capable of, but I am saying 2025 is too far for this small price jump. Bitcoins have always followed a 4 year cycle pattern to reach the ATH price, and to be honest 2024 is the 4th year in the cycle, so definitely in 2024 Bitcoins will reach 100k usd breaking the internet. If the demand to acquire Bitcoins increases among the masses, then nothing is impossible my friend.

[Hamphser]

Well it is not easy for us to guess hoe we will see the Bitcoin price. We are still stuck at this price of 26k per coin for a little bit now and still waiting for some 'bullish' signals.
Hedge fund Pantera Capital who has $4.8 Billion in assets is very 'bullish' for Bitcoin price. It says price will be $35,000 before the next halving of 2024. And then $148,000 in 2025.
https://finbold.com/4-8-billion-hedge-fund-pantera-predicts-bitcoin-at-148000-by-2025/

That’s a wild prediction out of no where I must say. I mean we all know what Bitcoins are capable of, but I am saying 2025 is too far for this small price jump. Bitcoins have always followed a 4 year cycle pattern to reach the ATH price, and to be honest 2024 is the 4th year in the cycle, so definitely in 2024 Bitcoins will reach 100k usd breaking the internet. If the demand to acquire Bitcoins increases among the masses, then nothing is impossible my friend.

Numbers and speculations would really be seen everywhere since this market is always been that speculative then we could really be assuming or presuming with those numbers on which it would really be just that

normal.We know that each sentiment might really be giving out some impact or not on Bitcoins price because we know that there are some news or events doesnt really give out impact into its movement but pretty much sure that on the upcoming halving event where things starts out to uprise when it comes to this time which we have seen this on previous cycle. It is really just that people are really that too impatient.
Those bullish numbers do really give out that kind of boost up into someone knowing that we are almost that near and its not really that a bad decision making on trying out to accumulate since prices as of these
time are really that cheap.

Numbers arent known but if you are really that trying out to ensure on making profits in the future then it is really that wise on taking up such step in speaking about accumulation.
There are really people who would really be that always skeptical on this part.