What will Bitcoin do next in the near term?

[Sterbens]

We are moving forward back then, at last. I don't think that this upclimbing trend is just because of the upcoming halving, may there is something behind on it or it means that the market is gaining huge resistance by now. It is been alike that we are getting close to the bullish market. Looking forward to more market surge in the coming days...

Anyway, we are still early to say something for the bullish, yet to be exciting to see but I don't like to expect more at this time just like what most did.

I am pretty sure that the next move will be price increases. I also think that halving will be the trigger. although there are some people who don't expect much on halving, but I'm pretty sure that with halving, other developments will be triggered, and make the price of bitcoin, or crypto, be higher. as you said, it's too early to say that, but we can see it in the next few days.

That could be an increase in bitcoin because it triggers the halving happen again, maybe history will be repeated again this year.
Even though this increase is still under correction this movement will still be quite up in the future.
I also agree with you that halving is triggering the price of bitcoin to go up high.

[Xxmodded]

Bitcoin will go on to higher price in the near term because 110 days left will come with bitcoin halving and bigger positive effect how to make bitcoin and altcoin back with higher price, do not worry when seeing bitcoin keep lower price but always large chance to get back much profit with bitcoin and altcoin during halving will come.

[Yamifoud]

We are moving forward back then, at last. I don't think that this upclimbing trend is just because of the upcoming halving, may there is something behind on it or it means that the market is gaining huge resistance by now. It is been alike that we are getting close to the bullish market. Looking forward to more market surge in the coming days...

Anyway, we are still early to say something for the bullish, yet to be exciting to see but I don't like to expect more at this time just like what most did.

I am pretty sure that the next move will be price increases. I also think that halving will be the trigger. although there are some people who don't expect much on halving, but I'm pretty sure that with halving, other developments will be triggered, and make the price of bitcoin, or crypto, be higher. as you said, it's too early to say that, but we can see it in the next few days.

That could be an increase in bitcoin because it triggers the halving happen again, maybe history will be repeated again this year.
Even though this increase is still under correction this movement will still be quite up in the future.
I also agree with you that halving is triggering the price of bitcoin to go up high.

Optimism is on the way...that was great! We'd all been hoping for Bullrun as I know but it all just depends on how the people interact to the coming halving. The result of this event is still not guaranteed to make the market runs smoothly, we also have to expect for dumps and I hope this won't make a change to our minds.
And for several times that I've said (and even some members here), we don't have to expect much for now.

[rodskee]

it wasn't bitcoin who's doing the job but it is "US" because Bitcoin is a currency and behind of the success is the technology and the people whos believing on this so we as investors/users will make the move possible .

but the next move?i am not sure this soon because we are experiencing difficulties to grow up to $10k but i know there will be some good changes before end of the year or maybe early 2021.

[piebeyb]

for now the price of bitcoin is rising now and even seems like bitcoin continues to hold at $ 8600, will it continue to go when it actually enters the weekly trend, if we enter that trend we will see prices will be higher above $ 10k, but it seems we are still walking leisurely enjoy it out of this January, prices don't seem to be low under $ 7k anymore according to my analysis and if it continues to play at a price above $ 8000 until februari later everything will be fine stable until finally the price rises even sharper in some time

Speculations and different opinions with how things might be  after some months before this incoming halving will influence the market.
It's everyone hope that the market will be much better and continue to bring good value. Investors will decide to whatever directions this
market will be going to.

bitcoin prices go down once again i hope it's not part of the bear trap, the price is in decline, let's see it's not under $ 7800 - $ 7700, at least stay strong above $ 8k until next february, speculation and analysis is indeed not always permanent, always traders and investors are the ones who determine the direction of the next bitcoin price, so understand the analysis just to keep watch your moments in trading, that's what I usually do in trading, but let's see that it becomes something interesting when it comes to approaching bitcoin halving either before or afterwards

[bluebit25]

it wasn't bitcoin who's doing the job but it is "US" because Bitcoin is a currency and behind of the success is the technology and the people whos believing on this so we as investors/users will make the move possible .

but the next move?i am not sure this soon because we are experiencing difficulties to grow up to $10k but i know there will be some good changes before end of the year or maybe early 2021.

Agree with your opinion, the question should be asked what are we going to do now? Bitcoin only reflects our results in this market, In January the bitcoin price went up from $ 6400 to $ 9100, but the excitement did not last too long. The price was quickly corrected and now it is on a downward trend, it seems that investors are still scared and have not dared to buy BTC to wait for halving.

[ubercool]

It was a good pump for Bitcoin from the point where you're talking. It's now I'm accumulation which is good for alts as we may see good volume flowing in. With having coming near we may see fluctuations with the market and new investors coming in because of all the positive speculations. Good time to invest and hold IMO.

[Colt81]

The price of bitcoin is now $8000+ that it started to increased its value since we have been talking about US vs Iran. I think the next movement of bitcoin is it could react it's price to $10,000 maybe next month of February or March, so that we can still continue to hold our bitcoins.

[Silberman]

for now the price of bitcoin is rising now and even seems like bitcoin continues to hold at $ 8600, will it continue to go when it actually enters the weekly trend, if we enter that trend we will see prices will be higher above $ 10k, but it seems we are still walking leisurely enjoy it out of this January, prices don't seem to be low under $ 7k anymore according to my analysis and if it continues to play at a price above $ 8000 until februari later everything will be fine stable until finally the price rises even sharper in some time

A few days ago the bears were able to break away from that level and then we entered the 8300 level, the bulls are trying to get back at that level or any attempt at 9000 will fail, there is a very interesting battle taking place that will decide the direction in which bitcoin will move during the next months, I really wish the bulls win the battle since I want to obtain profits like everyone else but I still believe the negative trend will once again take over the market and make the price of bitcoin to go down.

[Latviand]

We are moving forward back then, at last. I don't think that this upclimbing trend is just because of the upcoming halving, may there is something behind on it or it means that the market is gaining huge resistance by now. It is been alike that we are getting close to the bullish market. Looking forward to more market surge in the coming days...

Anyway, we are still early to say something for the bullish, yet to be exciting to see but I don't like to expect more at this time just like what most did.

I am pretty sure that the next move will be price increases. I also think that halving will be the trigger. although there are some people who don't expect much on halving, but I'm pretty sure that with halving, other developments will be triggered, and make the price of bitcoin, or crypto, be higher. as you said, it's too early to say that, but we can see it in the next few days.

That could be an increase in bitcoin because it triggers the halving happen again, maybe history will be repeated again this year.
Even though this increase is still under correction this movement will still be quite up in the future.
I also agree with you that halving is triggering the price of bitcoin to go up high.

There's no assurance that halving would be the main thing to boost the market value of Bitcoin. There could be other factors. As we would go back to the past, forks were the main factor that pushed the market value of Bitcoin and broke barriers with regards to its price. And now there's this halving thing. For sure the price will go up once again but no one knows when will such thing would occur. And this for me is the reason that there are still no assurance that halving would be the 'key'.

[criza]

The price of bitcoin is now $8000+ that it started to increased its value since we have been talking about US vs Iran. I think the next movement of bitcoin is it could react it's price to $10,000 maybe next month of February or March, so that we can still continue to hold our bitcoins.

I think as the present standing of Bitcoin in the market, the development in the value of the currency would continue till the month of the halving. Bitcoin might struggle on holding its current price but, it would certainly retain its value now that the halving is coming.

[sheenshane]

The price of bitcoin is now $8000+ that it started to increased its value since we have been talking about US vs Iran. I think the next movement of bitcoin is it could react it's price to $10,000 maybe next month of February or March, so that we can still continue to hold our bitcoins.

I think as the present standing of Bitcoin in the market, the development in the value of the currency would continue till the month of the halving. Bitcoin might struggle on holding its current price but, it would certainly retain its value now that the halving is coming.

There's no specific reason why Bitcoin goes up in the market at this moment, it might be about the reward halving is coming and also might be just because of a whale. No matter what the reason is let's keep accumulate and hold while bitcoin is affordable. After the halving event has effectively happened, I guess the price will surge back in the market just like what happened before, the first and second reward halving event.

I believed that Bitcoin has potential when it comes to holding. If we patiently wait the best result, it will definitely have a better profit. Let's just wait at the right time and keep hold until the desired profit will achieve.

[passwordnow]

Just after a month, it became more than $8,000 and about to enter $10,000.

I think as the present standing of Bitcoin in the market, the development in the value of the currency would continue till the month of the halving. Bitcoin might struggle on holding its current price but, it would certainly retain its value now that the halving is coming.

Not just until the month of halving but it will be on a continuous journey. And it's not that it will struggle because the year of it has been passed and we're ready to flight again before and after the halving.

[davinchi]

I think as the present standing of Bitcoin in the market, the development in the value of the currency would continue till the month of the halving. Bitcoin might struggle on holding its current price but, it would certainly retain its value now that the halving is coming.

I am also believing that halving may play major role in coming weeks unlike what we had seen in the times of previous halving. In any market anything may happen and based on this, halving this time may not be the same unlike what we had previously. The current market trends are strongly emphasizing that because we never had this kind of strong bullish mode before halving in previous times.

Market may remain above $10k level after halving and before halving we may be struggling to test $10k levels and sustaining around it. Overall, due to halving, this year may remain bullish but there will be less possibilities for stronger bullish mode but there will be no action for bears hopefully.

[Ailmand]

Everyone has their own speculation on bitcoin prices. Most people are bullish and believe in the parabolic cycle, not to mention the upcoming halving. Having a steady market is healthier than having a sudden surge which will surely follow a massive price correction. I prefer, that is if ever the price will climb up for it to be steady and with a basis. Let us hope that the market will continue to be bullish as the halving closes by.

[STT]

Bearish speculation near term due to us being in the region of a ceiling of sorts, caps to expectations for now makes some short bet more reasonable.  
  Right now I'm looking for an immediate close above 9250 or higher to stop an accumulation of the weekly MA indicating we have lost some momentum to the upside.   Also in this area is possible support, when lost adds to the idea of downside and some profit taking.    I think 8000 is ok to think about but a bit early to say.



Top prices match summer lows on daily bars also

[FanEagle]

The nearest term of this month will be a great increase as well. Now I know what you are thinking, the price looks to be dropping from the top of $9.6k and it went down as low as $9.2k with some people considering even $8.9k as a possibility nowadays but you are looking nearer than me, that is the weekly prediction for bitcoin.

The truth is when bitcoin goes down or goes into a bear market the price goes down a lot more than that, it goes down over 20% from the top price and reaches a very low bottom, sometimes even continue going further down after that. That didn't happened, we had a "correction" which means price is still going up, it will continue to rise, we just had some people take out their profits and we let them and after they are done we will continue to go up.

[Yamifoud]

Everyone has their own speculation on bitcoin prices. Most people are bullish and believe in the parabolic cycle, not to mention the upcoming halving. Having a steady market is healthier than having a sudden surge which will surely follow a massive price correction. I prefer, that is if ever the price will climb up for it to be steady and with a basis. Let us hope that the market will continue to be bullish as the halving closes by.

The positive results that the previous halving has done is most likely the reason why the people are being optimistic for this year and actual, they can be right or wrong. But the progressive outlook of Bitcoin's trend by now seems to be the fact will come into reality and Bullish can't be impossible to happen again. However, it is just too early to overly think that we gonna hit another high more than a thing that we get last 2017 coz if we can read the chart, the market never moves just it was before, the market just moves very slow.

[andamarina]

Bitcoin will go up and again down and again up, maybe to 10110, and to 9800 and again to 10200 and again to 9900, and after maybe will grow close to 11k.

[atjiat]

In anticipation of the next halving, many cryptocurrency users expect bitcoin prices to rise, since in 2013 and 2016 there were similar situations where the cryptocurrency market reacted very positively to halving the rewards for miners.  But it should also be noted that the current state of affairs in the cryptocurrency market has a positive effect on most cryptocurrencies, which have begun to show good results.  Of course, the value of cryptocurrencies always depends on the development of projects, but at the same time on the demand for these coins in the cryptocurrency market.