Bitcoin will grow in the next six months

[Ryker1]

I am sure that bitcoin price will rise again and reach new higher level but I am not sure about that 6 months. Bitcoin always unpredictable. I always keep an eye on bitcoin market, and I think the strongest factor that influence it price is sentiment. So I always look at the news that spread and follow the trend. My strategy is not based on time but more close to market behaviour, when the price getting more stable then that is a sign for me to take a decision to buy or sell because bitcoin market is volatile so it will not stable forever. But still I think 6 month is too long, maybe it only need 3 or 4 months. But I am not an expert and my strategy is not the best.

Yes that's true. I also believe in that. For sure bitcoin price will rise again and can reach new higher level or maybe not. I mean that's normal thing in bitcoin. It will rise or get low. But, also not sure about that 6 months. A lot of things can happen in that duration of time because it's quite long. But like you I am not expert in this thing. One thing I am sure of the price will change. Let's hope for the best.  I learned something from you. You're strategy is very smart and very helpful. Will try to apply it. Thank you!  

Well, 6 months is very possible and I don't see any reason bitcoin will fall down. Perhaps as of now, we experience a small correction in the market but later on, it will resist again and may start from refueling and the reason there will be a new ATH again after 6 months. We are still in the healthy market, even though it is easy to give a prediction, but I am sure, it will never fall below $30k the in bitcoin price. Look at around, the adoption has been continued and plus factor is bitcoin is also under influence by big people and big companies and institution.

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[Russlenat]

These are just theories, but in reality, we don't see the future and therefore we cannot guarantee bitcoin will grow. We are now seeing positive opinion from experts and I'm afraid this would only result in a bigger dump as people who followed the FOMO are still convince to hold until they will just eventually sold their bitcoin if they will continue to see a major dump.

I've been in this scenario fast, after the bull run, when I see bitcoin dump, I still believe it will bounce back and recover, it recovers a bit, I continued to hold but what I didn't realize that the bitcoin dump is more frequent that its recover and eventually I dump.

I was new at that time and I was not able to handle my short-term investment, this time, I know I would do better.

[Ridwan Fauzi]

Bitcoin is being trusted by most people now, I see mass adoption has been coming into bitcoin and many people just trusting it. You are right that bitcoin is able to hold its price after the bull market is over. Its price is not fall drastically even when there is a bad news come for bitcoin like Elon Musk is cancelled bitcoin to be used as of tesla payment system.

That situation can be made as a reason that bitcoin can be leaved by their investor especially insutional investor. They still believe that its price will increase more than now and as many people predict that its price will touch $100.000 at the end of this year, that I think it will happen. I just think that the current sentiment market is still bull run market because after bitcoin price is corrected then altseason happened, this is different if bearish market is really come.

[MCobian]

These are just theories, but in reality, we don't see the future and therefore we cannot guarantee bitcoin will grow. We are now seeing positive opinion from experts and I'm afraid this would only result in a bigger dump as people who followed the FOMO are still convince to hold until they will just eventually sold their bitcoin if they will continue to see a major dump.

I've been in this scenario fast, after the bull run, when I see bitcoin dump, I still believe it will bounce back and recover, it recovers a bit, I continued to hold but what I didn't realize that the bitcoin dump is more frequent that its recover and eventually I dump.

I was new at that time and I was not able to handle my short-term investment, this time, I know I would do better.

Indeed, there is no guarantee Bitcoin will grow in the next few months, we all can only predict the movement of Bitcoin.
So there is still a possibility that the Bitcoin price will fall deeper, but during the investment use the money that we can afford to lose.
It shouldn't be a problem if it turns out that the Bitcoin price doesn't go up as predicted. But we can wait calmly until the Bitcoin price rises again.
Actually, how deep does the Bitcoin price go down, if we can be patient with holding the Bitcoin we have, then Bitcoin can definitely go up again.

[datguyian]

These are just theories, but in reality, we don't see the future and therefore we cannot guarantee bitcoin will grow. We are now seeing positive opinion from experts and I'm afraid this would only result in a bigger dump as people who followed the FOMO are still convince to hold until they will just eventually sold their bitcoin if they will continue to see a major dump.

I've been in this scenario fast, after the bull run, when I see bitcoin dump, I still believe it will bounce back and recover, it recovers a bit, I continued to hold but what I didn't realize that the bitcoin dump is more frequent that its recover and eventually I dump.

I was new at that time and I was not able to handle my short-term investment, this time, I know I would do better.

Indeed, there is no guarantee Bitcoin will grow in the next few months, we all can only predict the movement of Bitcoin.
So there is still a possibility that the Bitcoin price will fall deeper, but during the investment use the money that we can afford to lose.
It shouldn't be a problem if it turns out that the Bitcoin price doesn't go up as predicted. But we can wait calmly until the Bitcoin price rises again.
Actually, how deep does the Bitcoin price go down, if we can be patient with holding the Bitcoin we have, then Bitcoin can definitely go up again.

It is possible that during this smaller downturn big investors are already slowly loading their bags again. If you are playing with billions a 50% gain is a lot. If they buy now and sell at $70 k that's huge for them.

[Hippocrypto]

Leading analyst PlanB believes that BTC will see good growth in the next few months, given that Bitcoin has been able to maintain its price level in the bear market.
In a new tweet, PlanB told its 457,000 followers not to reject Bitcoin's widespread rally theory in the coming months, as the currency remains strong amid an influx of downtrends.
“Net result (after Turkey ban, US tax FUD, Faketoshi lawsuits, Elon/Tesla energy FUD) is that Bitcoin is 5x higher than ~6 months ago. And both stock-to-flow model + on-chain data indicate that we are only halfway through this bull market. I would not be surprised to see another 5x next ~6 months.”
The analyst added that the current bitcoin market seems to be a continuation of the 2013 cycle, in which BTC increased 10 times in a few months.
“Yes, markets are (as always) probably overreacting to Elon’s betrayal, so beware you don’t miss the possible gigantic spike back up (like the 2nd half of 2013 bull market: if you sold below $100 on the news that US government seized MtGox accounts, then you missed the spike to $1000)… In today’s terms that would be a jump from $50,000 to $500,000.”
The reason for Bitcoin's current low volatility in PlanB is that traders who buy at a lower price are retaining profits.
“We want, ‘all models to be broken’ and $100,000 BTC now. Truth is that it takes time. Some investors with 5x profits last couple of months, do not care about the Byzantine General problem or ECDSA (elliptic curve digital signature algorithm, SHA256 (secure hash algorithm), or P2P (peer to peer). They trade numbers on the screen and take profit. Patience is a virtue.”



Source: https://dailyhodl.com/2021/05/15/bitcoin-could-see-huge-gains-in-six-months-says-planb-heres-how-high-btc-can-soar/

There's no room for us to be wasted now, it's very important for us to accumulate our holdings while bitcoin took some rest after huge bounces. Next few months is enough and I think this year will be the biggest event for bitcoin to soar back higher. Let's think wider for our future profit and be strong enough to face this challenges behind us.

[tippytoes]

These are just theories, but in reality, we don't see the future and therefore we cannot guarantee bitcoin will grow. We are now seeing positive opinion from experts and I'm afraid this would only result in a bigger dump as people who followed the FOMO are still convince to hold until they will just eventually sold their bitcoin if they will continue to see a major dump.

I've been in this scenario fast, after the bull run, when I see bitcoin dump, I still believe it will bounce back and recover, it recovers a bit, I continued to hold but what I didn't realize that the bitcoin dump is more frequent that its recover and eventually I dump.

I was new at that time and I was not able to handle my short-term investment, this time, I know I would do better.

Indeed, there is no guarantee Bitcoin will grow in the next few months, we all can only predict the movement of Bitcoin.
So there is still a possibility that the Bitcoin price will fall deeper, but during the investment use the money that we can afford to lose.
It shouldn't be a problem if it turns out that the Bitcoin price doesn't go up as predicted. But we can wait calmly until the Bitcoin price rises again.
Actually, how deep does the Bitcoin price go down, if we can be patient with holding the Bitcoin we have, then Bitcoin can definitely go up again.

It is possible that during this smaller downturn big investors are already slowly loading their bags again. If you are playing with billions a 50% gain is a lot. If they buy now and sell at $70 k that's huge for them.

Yes, who knows what they are doing, right? So it is up to you how you will take this situation, an opportunity to accumulate more or to sell off your stash? Your choice. But whatever your decision will be, it is yours and you have no one to blame for what it may cause on your portfolio. We can't rely on somebody's predictions, but we can follow our instincts. Because at the end of the day, the funds at stake is ours. And they have nothing to do with our funds.

[MCobian]

~

Indeed, there is no guarantee Bitcoin will grow in the next few months, we all can only predict the movement of Bitcoin.
So there is still a possibility that the Bitcoin price will fall deeper, but during the investment use the money that we can afford to lose.
It shouldn't be a problem if it turns out that the Bitcoin price doesn't go up as predicted. But we can wait calmly until the Bitcoin price rises again.
Actually, how deep does the Bitcoin price go down, if we can be patient with holding the Bitcoin we have, then Bitcoin can definitely go up again.

It is possible that during this smaller downturn big investors are already slowly loading their bags again. If you are playing with billions a 50% gain is a lot. If they buy now and sell at $70 k that's huge for them.

I am sure big investors see the current decline in the price of Bitcoin as an opportunity, because they must also realize the potential of Bitcoin.
So I also believe big investors have started to slowly buy Bitcoin again, After some big investors must have been taking profit when the Bitcoin
pump was above $ 60k. So seeing Bitcoin price now drop below the $ 50k price tag, this should be a good opportunity to buy Bitcoin.
If we buy Bitcoin at $ 45k, then our sell target is at $ 70k, this is something that is very promising.

[Kittygalore]

I guess we just have to wait for it for six months to come and see if the theory becomes a real thing. I don't have that much faith on speculation that hypes up the prices because they sometimes hinder the growth in favor of a short-term pump and dump scheme instead of a long-term and much larger growth.

[fullhdpixel]

Leading analyst PlanB believes that BTC will see good growth in the next few months, given that Bitcoin has been able to maintain its price level in the bear market.

Patience is indeed a virtue, if you can have patience no matter how far the market is pushed, you're going to profit from it after everything. Only a few people understand this. I have always believed that the market is going to see major growth with the way things have been going, the market hasn't even gone down as I expected before, and that's good, it gives me hope that there is still the possibility of an uptrend in the future.

At first, when the bull run started, I thought that by now we are back to around $20,000 or even less than that. But instead the price has maintained the high price which is good. I have no plans of selling the Bitcoin that's remaining in my wallet now, though my reason might have been different, this is another good reason not to.

[proudhon]

Leading analyst PlanB believes that BTC will see good growth in the next few months

By the end of the year everyone will see the PlanB was wrong, and I was right. There is no more growth for bitcoin. Ever.

[bitzizzix]

I believe in pepetah (die one grows a thousand), and what happens to the latest Elon news or whatever is not a barrier for bitcoin to keep growing.
We must be aware that bitcoin will increase and provide benefits in the long term that we will not know when it will happen, and I remain optimistic that by the end of this year the price of bitcoin will prove to be reaching the highest price predicted by the Experts, before the existence of elon.

[pixie85]

What is happening now reminds me of all the news flash crashes that we've been through.
The Silk road crash, the bubble pop in April 2013 when it went from 260 to 40 USD and then 7 months later it was at a new all time high, the 2020 covid crash...

A year ago we were at 4000 USD! If you were not panicking back then, you will not panic at 30000 or 20000.

What's the worst thing that can happen if we go into a bear market? 20000 dollar bitcoin? I'll take it. That's still 5x growth from bottom to bottom in a year
If you're not ready for that and would go bankrupt if it were to happen just sell now and have one less thing to worry about.

Leading analyst PlanB believes that BTC will see good growth in the next few months

By the end of the year everyone will see the PlanB was wrong, and I was right. There is no more growth for bitcoin. Ever.

Weren't you the guy who was saying it's game over for Bitcoin when it went into the 2018 bear market? Aren't you tired of being wrong?

[carlfebz2]

I believe in pepetah (die one grows a thousand), and what happens to the latest Elon news or whatever is not a barrier for bitcoin to keep growing.
We must be aware that bitcoin will increase and provide benefits in the long term that we will not know when it will happen, and I remain optimistic that by the end of this year the price of bitcoin will prove to be reaching the highest price predicted by the Experts, before the existence of elon.

We dont know on what the future holds and we've seen several situations that stormed out Bitcoin or simply the entire market but we do still stood strong in spite of those challenges.

Yes, it did really affect generally or in a big manner but we do see on how it managed to recover as the years goes by and with these current events, people still get surprised?

Involvement with these people is somewhat anticipated but regarding into their actions is a bit really surprising but majority do freak out.When it comes to growth then theres no doubt on
that because we do know its potential already.

[Yatsan]

Let us just see what will happen within the span of six months with Bitcoin for we have already been expecting that it will just continue to grow not just in price but as well as with the popularity. There are many factors to consider and hindrances to occur that can affect on how Bitcoin will become for the next six months. We certainly do not know for now what can happen but we surely hope for the best things to come for Bitcoin of course. Let us just wait and see until such time comes to prove if the analysis or prediction will be accurate.

[STT]

Elon doesn't matter despite the large size of buys, its about the circulation not one buyer and their reasons in favor or not.  The market is greater then all of us and can flatten even large individual players.  But a natural EMP strike from solar flare activity might do it otherwise the weight is with BTC continuing to adjust upwards as Dollar becomes increasingly diluted by political overspending amidst a widening trade deficit with the rest of the world.

https://en.wikipedia.org/wiki/Carrington_Event

A rising counter trend potential not reliant on a mans ego

[yohananaomi]

I believe in pepetah (die one grows a thousand), and what happens to the latest Elon news or whatever is not a barrier for bitcoin to keep growing.
We must be aware that bitcoin will increase and provide benefits in the long term that we will not know when it will happen, and I remain optimistic that by the end of this year the price of bitcoin will prove to be reaching the highest price predicted by the Experts, before the existence of elon.

@elonmusk has done everything for the benefit of him and his company, but there are still many who believe and take action to follow what @elonmusk says results in something he really wants to happen. people should ignore what is being said because @elonmusk does not purely say that because there is a goal that is desired for his benefit, we must understand that no businessman wants to lose money.

but bitcoin will be able to make very significant changes even though there is a correction of this, bitcoin is used to experiencing this and quickly if the situation is there, bitcoin will be able to bounce back. people like @elonmusk can't control bitcoin forever.

[Dr.Osh]

Let us just see what will happen within the span of six months with Bitcoin for we have already been expecting that it will just continue to grow not just in price but as well as with the popularity. There are many factors to consider and hindrances to occur that can affect on how Bitcoin will become for the next six months. We certainly do not know for now what can happen but we surely hope for the best things to come for Bitcoin of course. Let us just wait and see until such time comes to prove if the analysis or prediction will be accurate.

however, at present, the effects of the deterioration are profound. I still hope that the price will increase in the near future. despite speculation that the bulls will restart, people panic thinking that Elon Musk is selling his bitcoin assets. Even though it is like that, I still believe that in the near future, or early next month, prices will rise again. Personally, I will still wait for the pump that can happen next.