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Author Topic: 2023 Bitcoin can take a position discussion.  (Read 560 times)
Ngemmeng
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May 24, 2023, 12:10:28 AM
 #61

Today the market can grow again and increase more than 2%, the price that was previously in the range of $ 27K, can now return to $ 28K, this further strengthens my predictions that in 2023 the price will pass ATH in 2021, now continues to focus on buying And don't miss the opportunity.
I think a 2% price increase and a short term cannot be used as a benchmark to determine the price of bitcoin this year. 2% increase or decrease in price is commonplace and almost every day the price of bitcoin experiences this kind of price change. and it seems that getting past ATH in this year is very difficult because until now bitcoin has failed to penetrate $ 30k.
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May 24, 2023, 11:19:15 AM
 #62

Today the market can grow again and increase more than 2%, the price that was previously in the range of $ 27K, can now return to $ 28K, this further strengthens my predictions that in 2023 the price will pass ATH in 2021, now continues to focus on buying And don't miss the opportunity.
I think a 2% price increase and a short term cannot be used as a benchmark to determine the price of bitcoin this year. 2% increase or decrease in price is commonplace and almost every day the price of bitcoin experiences this kind of price change. and it seems that getting past ATH in this year is very difficult because until now bitcoin has failed to penetrate $ 30k.
Bad benchmark indeed. But if there's one thing that we have learn in this market is that everything is possible, 50% increased/decreased can be achieved. So short term very hard to predict the price.

That's why smart investors are really putting their money here for long term. Or at least let's say everyone should test how a long bear market accumulation will do for us. So start in the bear market just save bitcoin whatever way it will be and then just wait for the bull run to sell and to profit.

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May 24, 2023, 12:36:43 PM
 #63

snip

and it seems that getting past ATH in this year is very difficult because until now bitcoin has failed to penetrate $ 30k.

Instead of setting too high expectations, bitcoin will hit a new all-time high this year, we should be more realistic and expect that bitcoin will not fall more than last year. The halving is considered a powerful catalyst for bitcoin's price increase, and history has also shown that bitcoin will only reach a new ATH after the halving. Meanwhile, the halving event is a year away, so the goal of hitting $100k this year is really a vague expectation. Not to mention the world economic situation has not yet had a positive signal and will still have a negative impact on the market. I can only predict 30k-35k will be the position bitcoin will hit by year end.

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May 24, 2023, 12:43:13 PM
 #64

Bitcoin currently serves as the most secure network.
 I will throw away all altcoins with dark clouds.
And decided to invest 67% of all assets on Bitcoin.

@Finepoine0

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May 24, 2023, 07:19:41 PM
 #65

Correction has indeed occurred this month and I see that the percentage of correction is slightly larger this month than last month although the price level is still running at a very reasonable level of $26K to $27K in the market. I also expected Bitcoin to have a better surprise this month so that the recovery looks even better, but I don't think that will happen any time soon given that a bump always takes more time than a correction.
it is very difficult to hope that even though there is always that opportunity, there will be another surprise like when entering the beginning of the year which was unexpectedly surprising. this month it will seem that there will be no surprise increases or very significant decreases but there will be stagnation at the prices at the beginning of the month. but in my opinion if this year it will increase, it is certain that it will not be more than $ 50K and even if it is corrected it will be able to stay above $ 20K, but indeed it is better to be corrected where usually there will be movement to increase after being corrected.
You cannot have every single month like that, it is just not possible, however you could have a situation where it will be a lot better for the future of bitcoin and that is a few months that doesn't drop too much. Sure it went from a bit above 30k to a bit under 27k, that's a drop, about a 10% drop but that is not a huge drop. We have seen 70%+ drops before, so 10% is not a huge one, and its understandable level.

When you have that, it means that we are going to end up with something much better, it should be considered as a good thing that we had few good months, and a few months that stood still. This could in return mean maybe we will go back up again and the result will be awesome if that happens, I would highly support that.

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May 26, 2023, 10:20:06 AM
 #66

Early 2023 it looks like the market will be rising and convincing because in January the price can rise by more than 40%, the positive trend will continue until March can reach $ 30k of course this is a big achievement and even though the market is currently red but I'm optimistic about this positive trend will happen again.


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May 26, 2023, 05:23:23 PM
 #67

Early 2023 it looks like the market will be rising and convincing because in January the price can rise by more than 40%, the positive trend will continue until March can reach $ 30k of course this is a big achievement and even though the market is currently red but I'm optimistic about this positive trend will happen again.

Yes at the starting of the year, Bitcoins really shown us positive attitude. Seeing the positive movement and history, we easily concluded that, this year new ATH price will be seen. But to be honest May isn’t great for the coin. At least we can see that Bitcoins are struggling here. Bitcoins are trying hard, but the resistance is so high here that, positive results are not seen here. Let’s hope before August, Bitcoin crosses 40k usd, then only something can really happen.

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May 26, 2023, 07:11:55 PM
 #68

The Bitcoin market is at its peak and this is one of the biggest opportunities for us small investors.  If an investor can invest in this opportunity, he can grab millions of dollars by the end of the year.  Positions that currently hold bitcoins will no longer hold positions.  2018 to 2019 was in the current phase.  So we can never miss this great opportunity.  This is the biggest investment opportunity.
Millions of dollars you said! hell no, there could be a big opportunity in the coming phase but not millions, not even so much thousands, It could be mere profit that can put a smile on the investors face. And yet still it is not a guarantee, they market can still decide to retrace and that ends the bull run for 2023. It is risky giving financial advice at this point of the market cycle.
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