50K on the way and I am Still Alive

[Maslate]

50 K is ON THE WAY

Now the number of institutional investors has increased. The number of companies owning Bitcoin has also grown. I speak For December 2023, it is seen as a critical moment for the crypto market as well as being an important turning point for the Crypto Market for this year. So, Will Bitcoin's 4 Year Market Cycle Continue or Change Again? It's just my feeling.

With the increasing number of adoptions, there should be a better value, but if we evaluate the market now, it's still volatile, as evidenced by the fact that only during the bull run does the market pump and become overvalued. If we want to see consistent growth, the bull market should not give us a massive increase, as that would only indicate pure manipulation.

Take a look at other coins that pumped during the last bull run, like DOGE; it only pumped because Elon Musk hyped it. However, look at what happened to the price now; it was not able to sustain its value, and some investors probably panicked and dumped their coins. This situation could also be related to bitcoin, as overall, the crypto market (bitcoin and altcoins) is subject to hype and becomes overvalued when the bull run comes and is not free from manipulation.

[1715506400]

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[1715506400]

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[btc_angela]

50 K is ON THE WAY

Now the number of institutional investors has increased. The number of companies owning Bitcoin has also grown. I speak For December 2023, it is seen as a critical moment for the crypto market as well as being an important turning point for the Crypto Market for this year. So, Will Bitcoin's 4 Year Market Cycle Continue or Change Again? It's just my feeling.

Well there were some thoughts after the bull run in 2021 that we might see different cycles, maybe 2 big bullish cycles but it didn't go that way. Meaning, and this is just to me, the 4 year cycle are going to continue and it won't break because simply because of the block halving.

So in the next bull run, it might be in 2024-2025 pump, next year we will see the halving early, and for sure, it will b e a slow growth after that. But months next, then it will slowly grow and we might see $50k again and then new all time high of 6 digits. And for sure by that time, the OP is still alive. 

[posi]

50 K is ON THE WAY

Now the number of institutional investors has increased. The number of companies owning Bitcoin has also grown. I speak For December 2023, it is seen as a critical moment for the crypto market as well as being an important turning point for the Crypto Market for this year. So, Will Bitcoin's 4 Year Market Cycle Continue or Change Again? It's just my feeling.

With the increasing number of adoptions, there should be a better value, but if we evaluate the market now, it's still volatile, as evidenced by the fact that only during the bull run does the market pump and become overvalued. If we want to see consistent growth, the bull market should not give us a massive increase, as that would only indicate pure manipulation.

Take a look at other coins that pumped during the last bull run, like DOGE; it only pumped because Elon Musk hyped it. However, look at what happened to the price now; it was not able to sustain its value, and some investors probably panicked and dumped their coins. This situation could also be related to bitcoin, as overall, the crypto market (bitcoin and altcoins) is subject to hype and becomes overvalued when the bull run comes and is not free from manipulation.

That's what I'm wondering, people keep saying that bitcoin adoption is increasing or people are actively accumulating because the halving is approaching, but bitcoin and the market still don't have any positive movement. This shows that people are just saying what they are thinking with no proof for that or as you say, the market is being pure manipulation.

For me, the reason is both, people won't buy bitcoin if they are waiting for the price to drop further even though the halving is approaching. Second, this market is so small and nothing compared to other financial markets that manipulation is inevitable.

[taufik123]

I think that’s a good take and we will likely see a new all time high in 2025. Bitcoin does have a major test in front of it though. It has never seen a real recession and the fed seems hell bent on causing one to stop inflation. If it gets bad then people and companies might have to capitulate. However, if that doesn’t happen I think over $100K in 2025 is almost a certainty.

Hopefully, $100k will be reached at least in 2025 or maybe sooner if there is no big FUD attacking Bitcoin.
The Fed is indeed a steep road that must be passed and also like the SEC which only provides unilateral rules but only affects the US.

Bitcoin has received many tests to date, but we can see that Bitcoin can continue to rise and even break the negative speculation given to Bitcoin.
We just need to focus on the future.

Bitcoin is inevitable, there will be a time when Bitcoin will be adopted and become a good optional payment system in the future.

[STT]

Slipping below weekly average for a while now. Below the ice in terms of failing to recover the prior highs for some time also.   Its looking like we revise the whole set of prices down to 25k more certainly every day.      What isnt certain is how we dip down, brief spike or a slow sink to the bottom of the trench     I think price generally needs to hit bottom or discover the boundaries of its range, once its done so some confidence is recovered and we can start to begin back up to test the other side of the box we're in.  Thats how I generally think of pricing, nobody wants to be the person who steps in front of a mack truck and bets we go up from here, it takes alot to stop the inertia as sometimes BTC is unstoppable not just down but up as well but not for now.

[armanda90]

Current Bitcoin price still not stable yet after difficult break out above $32k right now drop to $29k, have been one or two months ago Bitcoin not have good progress back to higher price and don't know possibility for bitcoin back to $50k. Actually few months left before halving Bitcoin could give positive impact and going up to higher price, but we need waiting for longer time Bitcoin price reach to $50k or not any possibility for bitcoin crashing down before halving time coming.

Have chance or not for Bitcoin in few weeks later drop to $25k? bitcoin transaction volume looks drop drastically than last several months and difficult for raising to higher price or up until $50k.

[benalexis12]

I AM STILL ALIVE
Started this topic back in those days
Topic is Locked but just wanted to inform all of those friends who were concerned about my whereabout
I AM STILL HERE
&
50 K is ON THE WAY

Yeah, your still alive.. but just wanna ask something and don't get mad at me for this query of mine okay, besides, you don't have to answer it, due to its just pop up into my mind only.
If ever Bitcoin reach 50k$ each, that means you are ready to die?
I ask this because It seems like this is what you want to convey in a topic you created in the link you provided here. But I think I am wrong to my understanding right? And as far as I concern Bitcoin was already reached 68k$ during 2021, therefore 50k$ each is not imposible anyway.

[Franctoshi]

That's what I'm wondering, people keep saying that bitcoin adoption is increasing or people are actively accumulating because the halving is approaching, but bitcoin and the market still don't have any positive movement. This shows that people are just saying what they are thinking with no proof for that or as you say, the market is being pure manipulation.

To quote what you said, "accumulating and no positive price movement”, means you don't understand what is the accumulation phase of the market if you are expecting rapid movement to start happening. In fact, the accumulation phase is the most boring time of the market when nothing much used to happen and when most people get tired and even begin to lose hope in Bitcoin.

The market is now gathering momentum and don't expect anything $1k-$2k price movement a day until when it's dam fucken time.

[tygeade]

With the increasing number of adoptions, there should be a better value, but if we evaluate the market now, it's still volatile, as evidenced by the fact that only during the bull run does the market pump and become overvalued. If we want to see consistent growth, the bull market should not give us a massive increase, as that would only indicate pure manipulation.

Take a look at other coins that pumped during the last bull run, like DOGE; it only pumped because Elon Musk hyped it. However, look at what happened to the price now; it was not able to sustain its value, and some investors probably panicked and dumped their coins. This situation could also be related to bitcoin, as overall, the crypto market (bitcoin and altcoins) is subject to hype and becomes overvalued when the bull run comes and is not free from manipulation.

It does become overvalued at times when the bull happens but also it becomes a little undervalued when the bear run happens as well. Right now, we are undervalued and bitcoin should be much higher than 30k, I am not saying that it should be 100k today, but at least a 50k would make sense.

The reality that we are not there at the moment is not really that great, and should be worried as well. I get that it will not be simple but that is the reality we are living in right now. There are way too many people who are arguing about the fact that bull run timing will be this or that, they argue a lot, but we all know that bull run will come again so the timing doesn't matter as long as we keep buying bitcoin at this moment.

[sana54210]

That's what I'm wondering, people keep saying that bitcoin adoption is increasing or people are actively accumulating because the halving is approaching, but bitcoin and the market still don't have any positive movement. This shows that people are just saying what they are thinking with no proof for that or as you say, the market is being pure manipulation.

To quote what you said, "accumulating and no positive price movement”, means you don't understand what is the accumulation phase of the market if you are expecting rapid movement to start happening. In fact, the accumulation phase is the most boring time of the market when nothing much used to happen and when most people get tired and even begin to lose hope in Bitcoin.

The market is now gathering momentum and don't expect anything $1k-$2k price movement a day until when it's dam fucken time.

I believe that there is a good chance we could see it change any situation all the time, because if you could end up holding as long as possible then you will do fine. This is basically what I did so far, I have HUGE debt right now, way more than I could have ever paid in my life, way way way too much debt, I didn't pay my old debt and made even more debt, I decided not to pay it, and just pay minimum I could pay and keep not spending my money and just use credit card and grow my debt. That sounds like terrible thing isn't it?

Well, during the same time I invested, and I made profit, so right now not only I have enough to pay my debt back, but also have double what I owe, so I am in huge profit thanks to this method.

[Joshapat]

The big thing that we are waiting for right now is that the price will reach $50k soon, if the price can reach $50k then I am optimistic that early 2024 before the halving day the price can reach at least $100k, looking at the current situation of course it looks difficult to reach $50k, but the thing we have to be sure of is that there are always surprises in bitcoin.

[Negotiation]

The big thing that we are waiting for right now is that the price will reach $50k soon, if the price can reach $50k then I am optimistic that early 2024 before the halving day the price can reach at least $100k, looking at the current situation of course it looks difficult to reach $50k, but the thing we have to be sure of is that there are always surprises in bitcoin.

Bitcoin is hard to predict but with so many people optimistic about bitcoin and bitcoin price forecast to reach $50k, as bullish as everyone is on bitcoin, the cryptocurrency will likely enter a short term bearish phase, just like it did in mid 2019. It looks like the cryptocurrency market is about to enter an exciting new chapter in 2024 and may surprise everyone. Predicts that the bitcoin price could cross the $50,000 mark thanks to a halving next year.

[JoyMarsha]

Current Bitcoin price still not stable yet after difficult break out above $32k right now drop to $29k, have been one or two months ago Bitcoin not have good progress back to higher price and don't know possibility for bitcoin back to $50k. Actually few months left before halving Bitcoin could give positive impact and going up to higher price, but we need waiting for longer time Bitcoin price reach to $50k or not any possibility for bitcoin crashing down before halving time coming.

Have chance or not for Bitcoin in few weeks later drop to $25k? bitcoin transaction volume looks drop drastically than last several months and difficult for raising to higher price or up until $50k.

I've given up hoping that Bitcoin will reach $50,000 before the year is over. Where I will be looking for the price of Bitcoin to reach $50k will be next year not even this year. Currently, Bitcoin tends to decline and stay below $30k throughout the third quarter of the year. In the fourth quarter of the year, Bitcoin may start to see an uptrend movement that would eventually drive its price to $45k.
Am optimistic that bitcoin will reach $50,000 within a month or so before the halving season next year. 

[yohananaomi]

The big thing that we are waiting for right now is that the price will reach $50k soon, if the price can reach $50k then I am optimistic that early 2024 before the halving day the price can reach at least $100k, looking at the current situation of course it looks difficult to reach $50k, but the thing we have to be sure of is that there are always surprises in bitcoin.

Bitcoin is hard to predict but with so many people optimistic about bitcoin and bitcoin price forecast to reach $50k, as bullish as everyone is on bitcoin, the cryptocurrency will likely enter a short term bearish phase, just like it did in mid 2019. It looks like the cryptocurrency market is about to enter an exciting new chapter in 2024 and may surprise everyone. Predicts that the bitcoin price could cross the $50,000 mark thanks to a halving next year.

Maybe it's really a good idea to wait for the era of the halving period to come [2024], and then we can be sure that this price will be reached.But for this year, other possibilities can still occur, and it is difficult to predict correctly.Even some analysts predict that there will be another correction and that it will reach $20K; of course, this is not a surprise and it could happen because the situation has not fully recovered.But precisely for me, this is an opportunity to continue to buy and hold it if there is indeed going to be a correction; in fact, this has a positive impact.

[Pejoh Asu]

Looking at the current market situation, of course, we are still far from talking $ 50k, in fact I would be happy if at the end of this year it could close at $ 35k, many speculators sell immediately when they see an increase, making it difficult for the market to go up, especially since there are always big issues worry the user, if the price can reach $ 50k that would be a big achievement this year.