What could be bitcoin next step lets discuss together

[Imran232]

This time to take correction BTC following parabolic pattern, Correction is good for Growth,

Before to next 50k RUN, accumulate BTC in DIP ( in parts)

Support at 29 - 30k, 25k & 23k. 

NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)


Now you can share you discussion about this topic

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[LimLims]

Bitcoin reaching 50k Usd is not too far to be honest.
But i guess for the next few months after BTC hitting 35k USD will start crash.
The price is actually very hard to predict and as the price is also fluctuations depends on us, so it’s also very difficult to predict when it will go to 50k USD.
At last, i am happy that i made quite good profits due to the high price of BTC.
Let’s hope for the best and see what happens to Bitcoins next.

[blockman]

Yes, we're all waiting for that small correction for bitcoin. And that's the awaited correction that we're waiting for. With this, it will be no doubt taking over $40k soon and then gonna cross to $50k.
We're now having a correction, dominance has decreased for bitcoin and increased for altcoins. Accumulation should be done by those who don't want to miss the next wave upwards for bitcoin.

[BigBoy89]

IMO after the current hype ends, Bitcoin will start lurking in the $25k - $35k range for a couple of months. Then it could explode to $50k+.

Yet, nobody knows, not even when will be the current peak.

[maydna]

The price will be up and down every day. I already saw what happen yesterday, and I try to trade in bitmex

I feel that yesterday more interesting because the price moves fast and can make your heart beat faster than usual. This situation still has not predicted where and when the bitcoin price will increase, and if you want to buy and sell bitcoin, I suggest you not to do scalping trading because it will confuse you to determine the entry and exit trading. But it is okay if you want to try your skills, so you can know if right now is a good time for you to make a profit or need more time to enter the market.

[YOSHIE]

Now you can share you discussion about this topic

Everyone wants to have the best for themselves, of course if you have stored some Bitcoin in the past until now, everyone currently both on the forum and outside the forum is talking about Bitcoin for the future and the next, $40k, $50k and there is mentioning up to $100k to come, everyone feels confident that Bitcoin will have good value in the future and will change lives for humankind in the world.

The bottom line: you must have current Bitcoin deposits for the future, otherwise your discussion is useless.

[GreatArkansas]

I also think there will be a correction, but I do not think it will decrease to $ 20k.
(....)

This is the most awaited of majority, the correction, so they will start to hop in..
Some correction may be a huge red wick, just like what happened yesterday which we saw a lot of long positions got liquidated for the drop to around $28,000, but we saw the price back again above $30,000.
I am looking forward for Bitcoin to pullback or stays neutral.

[zanezane]

I have a buy order in $20k and $18k I don't have that big hope that it will hit before bitcoin go for $50k but it's worth a try bitcoin is unpredictable. We expect bitcoin to pump big time but not this fast, we haven't had a big correction since it breaks out of the $20k mark, bitcoin exceeds my expectation, to say the least. Now that we see how bitcoins price pumps it is easy to assume that $50k is secured this year IMO.

If the pumps that is fueled by companies continues, then the 50k market price point is a secured price. We still have to watch out though, bitcoin is still as volatile as it was back then, putting everything expecting it will grow will be a bad move unless you want to become homeless.

[el kaka22]

I believe it will not go under 23k, not anytime soon at least, there are tons of people who expect that but I do not expect anything like that at all. However I do expect the price to be down time to time, not a crash but drops here and there time to time, that would be more about corrections and the corrections could get bigger as well. For example a 20% fall at 100k levels would be 20 thousand dollars, nearly the all time high we just broken, all of it will be just "correction" so people may get more shocked.

It was around 7k this time around for example, we were 7k AS A WHOLE at the start of 2020, we had a 7k "correction" at the start of 2021. So, there will be some corrections but you have to be ready that when price goes higher and higher, the amount of correction will be bigger and bigger, do not think they are crash just because the number is big.

[CryptoLogo]

I have no idea how Bitcoin can move to $ 50,000 without correction, but I perfectly understand that this is quite likely.
If only because it will create a grandiose fomo comparable to 2017-2018, because everyone is afraid to buy bitcoin now because they are waiting for a correction. It will be fun.

[blockman]

I have no idea how Bitcoin can move to $ 50,000 without correction, but I perfectly understand that this is quite likely.

Corrections are needed for bitcoin to move up to $50k and to $100k. We have seen one within the quickest time yesterday and we've seen it $29k. That is the type of correction that we need and now it's backing up again to $33k. With this kind of scene and pattern, it's very likely to see $50k first soon.

If only because it will create a grandiose fomo comparable to 2017-2018, because everyone is afraid to buy bitcoin now because they are waiting for a correction. It will be fun.

Not the institutions, they keep buying.

[Kupid002]

I have no idea how Bitcoin can move to $ 50,000 without correction, but I perfectly understand that this is quite likely.
If only because it will create a grandiose fomo comparable to 2017-2018, because everyone is afraid to buy bitcoin now because they are waiting for a correction. It will be fun.

There is always a correction happen even after breaking the 20k mark we see large movement like -10% correction. The only thing iwant to see is  a big correction before going 50k since its needed to test the support before it can continue to grow or increase its price . 20-30% correction is enough for me to confirm that BTC will continue its trend to go up.

[sheenshane]

I have no idea how Bitcoin can move to $ 50,000 without correction, but I perfectly understand that this is quite likely.
If only because it will create a grandiose fomo comparable to 2017-2018, because everyone is afraid to buy bitcoin now because they are waiting for a correction. It will be fun.

Everyone has been expected about the short correction of Bitcoin price, if you are a long-time holder of Bitcoin, you will understand how the Bitcoin price will move and what to do next after surging the price in the market.  There's always a correction and after that, it will bounce back again with a healthy market resistance.  I have doubt about this short correction that was made by whales trying to manipulate the market or just a natural movement of Bitcoin, who knows.

What could be the next step of the Bitcoin price?  Still unpredictable, no one knows what will happen in the future. 

[milewilda]

This time to take correction BTC following parabolic pattern, Correction is good for Growth,
Before to next 50k RUN, accumulate BTC in DIP ( in parts)
Support at 29 - 30k, 25k & 23k. 
NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)
Now you can share you discussion about this topic

When it comes to entry or positioning then you would really be needing some basis and analysis on where those possible entry points on where you can place up your own position.
For those who had able to plot out about 29k price support and did able to buy up on that time then they are already making money as of this moment. Price is starting to break
35k at the moment and lets see if it would able to breach out or would fail out just like on what happened when we are trying to break that 30k resistance or it would be just
similar on where passing this resistance without any effort.It all goes to the demand itself and its still bullish at the moment.I dont see any crash possibilities anytime soon
but well, we should always be prepared because crash can happen in an instant.

[crzy]

Correction will happen, but of course it wont go down deeper same as before, I expect $20k to be the stronger support so be ready for that moment and make sure to have your buying power. Bitcoin may hit another peak at $35k but it wont last longer on that level, correction is about to begin slowly and deeply.

[pragna]

This time to take correction BTC following parabolic pattern, Correction is good for Growth,

Before to next 50k RUN, accumulate BTC in DIP ( in parts)

Support at 29 - 30k, 25k & 23k. 

NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)


Now you can share you discussion about this topic

I think at this point no body will give accurate ans . Everything may happen from this level. Some one says price will again will go for dump as BTC going with bull run and some are saying it will continue its path. But in my opinion its will depend on news, atmosphere and acceptance from big economy country. So let's wait for next step.

thanks.

[fullhdpixel]

Correction will happen, but of course it wont go down deeper same as before, I expect $20k to be the stronger support so be ready for that moment and make sure to have your buying power. Bitcoin may hit another peak at $35k but it wont last longer on that level, correction is about to begin slowly and deeply.

This price correction is what everyone's waiting for because this is the time to purchase bitcoin at its low price. New investors would really love to accumulate more bitcoins so they can make huge profits from it once its price grows up again reaching another heights.

People do not even wait for correction anymore, they jump in anytime it looks like it is going down, it doesn't even go down that much and stay there anymore. Biggest example is that 27k fall we had, from 34k to 27k we went down hard, and that was a very difficult fall as well and required tens of thousands of bitcoin to be sold all at the same time, something that would have hurt the market a ton just a year ago, you know what happened?

We skyrocketed back to 31k very very quickly, without any hesitation at all, it took like maybe half an hour at most, and it broke over 35k later on as well. So as you can see, from now on people are buying every single drop, doesn't matter how big or small, as soon as price goes a bit down, it will always recover back. I don't know how long this will continue, but I am happy about it right now and I hope it will go on for a long time.

[kamadazje]

As what I notice, there is always a correction to the market before it will create a stunning increase of it's price again. But as what I notice to bitcoin price movement as of this moment, this is not normal meaning the increase is pretty impressive and the correction is very less then it will increase pretty high again.

If there are corrections before hitting the 50k run, it will hit your prediction if in case the correction will go that bad but if not then buying the dip at 30k - 33k will be better.

[nelson4lov]

Since we're all here to discuss Bitcoin's next move, I have added a bitcoin 4HR chart below, It gives an overview of what's currently happening with BTC in the market.



From the chart above, we can see that Bitcoin achieved a new all time high today of about $39,730 and it's up over 11%+ today alone. Why the chart looks pretty straightforward, a quick look at the RSI indicator at the bottom tells us that Bitcoin is currently overbought and for those who don't know, $40K feels like a psychological price for Bitcoin and a lot of people are on the lookout for that price level. We might see a correction or even further pump to $45,000 extending to $50,000 or even more.

One thing we should keep in mind is that, where bitcoin is at the moment is an uncharted water so I advice thread carefully as we try to predict Bitcoin's next price movement.

[South Park]

This time to take correction BTC following parabolic pattern, Correction is good for Growth,

Before to next 50k RUN, accumulate BTC in DIP ( in parts)

Support at 29 - 30k, 25k & 23k. 

NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)


Now you can share you discussion about this topic

Bitcoin is now very close to the 40k level, we will see if this level proves to be a challenge but personally I think we are going to see a repetition of what we saw with the 30k level in which bitcoin just went past it as if it was not there, the 50k level seems to me as the place where the action will be, the bears will defend that level and if they fail I see bitcoin reaching 100k during the first or second quarter of this year as the pandemic despite the vaccine is still out of control.

[Oasisman]

NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)

Well, correction is part of the bullrun's process, and that's inevitable. The price would experience a correction later on nobody knows when. As of the moment, Btc was just experiencing a short pullbacks, which kinda normal since there were people who are selling at the current price. But there are still more people who's entering the market, thus Bitcoin's price keeps on growing.

[Ryker1]

NOTE: Nobody knows if BTC take reversal form here any time 😂. (according to me, correction is very possible)

Well, correction is part of the bullrun's process, and that's inevitable. The price would experience a correction later on nobody knows when. As of the moment, Btc was just experiencing a short pullbacks, which kinda normal since there were people who are selling at the current price. But there are still more people who's entering the market, thus Bitcoin's price keeps on growing.

Well, that is right. In fact, -- we are on a healthy correction in the market.
It's normal that bitcoin will have a correction, that's a part of being volatile in the market. But you can determine the price of bitcoin depend on the news that you will hear, but so far bitcoin was gained too much attention to people and there are too many investors who adopt and hold bitcoin because they think that it is good for investment and a safe asset after all. However, what could be next is unknown, but if you will always listen to the news and update of bitcoin, you will always have an idea where the bitcoin price goes on.

[MCobian]

I am very happy that Bitcoin has not stopped rising, and my decision to HODL Bitcoin was right. If we want to discuss the steps we must take
regarding Bitcoin are to wait for a correction to occur. I agree with the opening post that waiting for the Bitcoin price to touch the support price of
$ 30,000 if you want to buy Bitcoin again. Or if you want to be more secure you can wait at the support price of $ 25,000 to buy Bitcoin.

[Yamifoud]

Indeed, the correction will come any time but probably after a few more pumps.
It has to believe that the market will move in sideways and this will be the closest possible to happen next. But even the market dumps, I was not thinking that we got to sink at the bottom so easily. Yeah, I saw the market remains healthy compared to before, institutional investors making it to keep at high.

[TimeTeller]

Indeed, the correction will come any time but probably after a few more pumps.
It has to believe that the market will move in sideways and this will be the closest possible to happen next. But even the market dumps, I was not thinking that we got to sink at the bottom so easily. Yeah, I saw the market remains healthy compared to before, institutional investors making it to keep at high.

We already hit a lil bit more than 40k level, which is the new ATH of bitcoin at this moment.
Going to the bottom would be hard, even going down to $20k is not to be seen in the near future.
This development is really overwhelming, even those who bought at $20k are already enjoying good profit if they will sell this time.
Correction will always be there. We know that this upward movement is not forever. We need to prepare for what's to come.

[CryptopreneurBrainboss]

I have a buy order in $20k and $18k I don't have that big hope that it will hit before bitcoin go for $50k but it's worth a try bitcoin is unpredictable. We expect bitcoin to pump big time but not this fast, we haven't had a big correction since it breaks out of the $20k mark,

The corrections will occur but not leading to such downfall, the overall sentiment in the industry is bullish and every action the market takes will be viewed in a positive way. The corrections won't be viewed as the market crash in intend a healthy corrections need to test/fuel new highs. If Bitcoin was to fall it most likely will be toward the $25k to $30k margin.

That of $20k and below will most like happen next year if such price are to be experience again in the market due to the bear season that'll be occuring by then. The next steps of bitcoin has to be a correction and this has been recorded twice in just 2/3 days.

This trend will continue for some more days then an upward movement will commence taking the price back to its previous highs and even beyond. I still think there's more room for growth of the coin and it isn't just stopping at its current all time high.

[CryptoLogo]

Nobody knows anything for sure. Many are inclined to believe that Bitcoin will reach 50k and then collapse. But I don't think so.
It seems that all these movements are timed to a law that will soon open up access to Bitcoin for institutional investors. And this can have a colossal effect that could allow Bitcoin to reach $ 75,000.

[Renampun]

*we are still in a guessing period, whether in the next few days Bitcoin will continue to bullies or crash...
for me personally Bitcoin crash is the best opportunity to buy Bitcoin even more because for sure Bitcoin will pass the price of $ 50k even $ 100k. I hope the opportunity to buy Bitcoin at a low price is still there. 

[dezoel]

Let's not be pessimistic about what is going on, we have seen bitcoin going down and we have seen panic sellers, but we have also seen people who end up with buying a lot of bitcoin as well, they have made as much profit as they could technically speaking with the money they have invested, didn't stayed back, didn't hold back, go all-in to bitcoin during this period.

Even huge corporations ended up having over half a million bitcoins, not half a million dollars, I mean half a million bitcoins, meaning over 10 billion dollars, nearly 20 billion dollars if we keep this up. So, I would say even though there are people who are bear and calling for a crash soon, there are also people who think bitcoin will be skyrocketing even more than what it is today, and the number of bulls far outweights the bears which is why we keep going up constantly.

[hulla]

Nobody knows anything for sure.

No one can guarantee what will happen in the market but history usually repeat itself when it come to total bullish market which is when bullish take place slightly correction needs to occur to strengthen the bullish and after the successful bullish season market blood bath will happen.

Many are inclined to believe that Bitcoin will reach 50k and then collapse. But I don't think so.
It seems that all these movements are timed to a law that will soon open up access to Bitcoin for institutional investors.

The institution takes advantage or not, the Bitcoin market ought to experience a dump in price when it clinches $50K price if you notice the market.

And this can have a colossal effect that could allow Bitcoin to reach $ 75,000.

If it reach $75K really fast then we should be expecting a worse situation of the dump in the price of the market.

[TimeTeller]

*we are still in a guessing period, whether in the next few days Bitcoin will continue to bullies or crash...
for me personally Bitcoin crash is the best opportunity to buy Bitcoin even more because for sure Bitcoin will pass the price of $ 50k even $ 100k. I hope the opportunity to buy Bitcoin at a low price is still there. 

It is how we strategize on this market, to optimize our profits.
Even buying at this price will still get profit as you can sell it once it goes beyond the current price.
Scalping right now is also a good one to take advantage of what's happening in the market.
In the current setting, seems that 50k is forthcoming in the coming days or months.
But we need to prepare also for the turn around after this great bullish run.

[nelson4lov]

So I just got an updated 4-Hours chart for Bitcoin. The current price is ranging between $40,000 - $41,000 per BTC.



I have a feeling that we would see a drop to $38K to $39K price levels before the next leg up if there's still enough gas for the bulls to keep pushing and demanding higher prices. However, we should keep in mind that Bitcoin's volume has declined slightly since achieving the most recent all time high.

At this point, we can only speculate on the next direction of the market. Haven't seen crypto at this level before. Exciting times indeed.

[ReiMomo]

*we are still in a guessing period, whether in the next few days Bitcoin will continue to bullies or crash...
for me personally Bitcoin crash is the best opportunity to buy Bitcoin even more because for sure Bitcoin will pass the price of $ 50k even $ 100k. I hope the opportunity to buy Bitcoin at a low price is still there. 

Always there is because bitcoin will grow up year by year and if you invest now and wait for how many years, there could be your profit but if you invest now and sell next month, possible you can't see your profit or becomes a loss. I'm expecting that there is a correction that will occur one of these days of bitcoin price, most commonly it will happen after a long bull run, but don't worry, that is a healthy correction. That correction will start to bitcoin that will spike again in the market.

What could be next? Let see and be prepared, because no one really knows.

[Ridwan Fauzi]

I agree with the opening post that waiting for the Bitcoin price to touch the support price of $ 30,000 if you want to buy Bitcoin again. Or if you want to be more secure you can wait at the support price of $ 25,000 to buy Bitcoin.

I guess it will be difficult for some people even for the professional investor. Seeing bitcoin price up and up if the previous high price broken bitcoin will up for more than $3000 as you can see. The situation will still continue until the bear market come.

Seem like there will not be a correction for bitcoin price, I mean the correction in the close to high price. If the bull run end we will see a huge dump for bitcoin, it is just my prediction because I see bitcoin price movement never met a correction, it will be dangerous when the sentiment marker change.

[crazy-pilot]

Everyone is waiting for a speedy denouement. Given that the market loves to play against expectations, it is possible that we will see the rise of Bitcoin and the fall of altcoins.
For example, no one expected bitcoin to grow from $ 20k to $ 40k, but it happened. Nobody expects Ethereum to fall now, everyone is waiting for the highs to be updated. Conclusion =?

[maxreish]

Integrate a buy entry but have a stop loss at $30k. If corrections will occur any time as you said down to $30k then it could have been good that I set that to cut loss.

That $50k will soon gonna hit. But better take off even some part of holdings as we don't know when big sideways gonna happen and eill gonna be hard to push it back up. This might be a good time to sell off but always do have some back up plan for corrections.

[Fredomago]

Integrate a buy entry but have a stop loss at $30k. If corrections will occur any time as you said down to $30k then it could have been good that I set that to cut loss.

That $50k will soon gonna hit. But better take off even some part of holdings as we don't know when big sideways gonna happen and eill gonna be hard to push it back up. This might be a good time to sell off but always do have some back up plan for corrections.

You need to reassess your position as the chance of seeing corrections may now take place, and like what you have said once downfall
start to happened recovering is not that easy to expect.

Best to pocket your earnings and try to reposition your entry, there are traders who already anticipate this and convert their assets.

Some might continue chasing day trade practice, while others have some good thoughts
trying to sort things up and grab every opportunities.

[LimLims]

Everyone is waiting for a speedy denouement. Given that the market loves to play against expectations, it is possible that we will see the rise of Bitcoin and the fall of altcoins.
For example, no one expected bitcoin to grow from $ 20k to $ 40k, but it happened. Nobody expects Ethereum to fall now, everyone is waiting for the highs to be updated. Conclusion =?

At the current point of time many BTC traders will be happy.
In a period of whole night BTC is currently more than 6k USD down.
The crypto traders those are waiting to buy BTC will be happy to see this move.
But for holders like us it’s really sad, as we were waiting for BTC to raise more higher.
Is the downfall of BTC Already started?

[South Park]

Everyone is waiting for a speedy denouement. Given that the market loves to play against expectations, it is possible that we will see the rise of Bitcoin and the fall of altcoins.
For example, no one expected bitcoin to grow from $ 20k to $ 40k, but it happened. Nobody expects Ethereum to fall now, everyone is waiting for the highs to be updated. Conclusion =?

At the current point of time many BTC traders will be happy.
In a period of whole night BTC is currently more than 6k USD down.
The crypto traders those are waiting to buy BTC will be happy to see this move.
But for holders like us it’s really sad, as we were waiting for BTC to raise more higher.
Is the downfall of BTC Already started?

It is too early to tell, we are without a doubt seeing a significant negative trend and obviously this makes every holder nervous but this could also be the last chance to buy bitcoin for a price that is somewhat reasonable, if the bulls are right and we see bitcoin skyrocketing then I expect bitcoin to at least reach 100k during the next movement and at that point it will be simply too late to buy any bitcoin anymore, so far I am liking what am seeing as the market despite its down movement its presenting a lot of resistance and it refuses to go below the 33k level for long.

[Ridwan Fauzi]

You were right mate, for those who took a suggestion from you will have a comfortable feel to trading and investing in bitcoin especially for those who bought at $29.000 and $30.000 barrier. Although for the daily candle will be formed as a red candle but I can confirm that the candle that will be formed afterwards will be green. The low shadow for the current candle is not achieve the previous low candle. But it is just my prediction, it could be wrong but for my strategy I have bought bitcoin for short term trade, my current target is $40.000.

[Issa56]

For the past few months now bitcoin price have been pumping massively and it also hit all time high but currently nobody knows what next will happen to bitcoin. Different people have been making there suggestion some are saying bitcoin will still pump more why some are saying bitcoin will dump, but from my observation I don't  think Bitcoin is going to dump I believe there might be correction which is normal but am not expecting any dump after the correction am expecting bitcoin to pump more in the nearest future am expecting bitcoin price to be hit $100k and above. So lots of people that want to buy bitcoin and they are scared thinking that I will dump I don't think there will be any dump but there will definitely be correction which is normal and always happen before the next bull run. I will suggest every one that is interested in buying bitcoin should buy it now but don't buy at once you can buy it in percentage and always am just making a suggestion so I will definitely advise everyone to use stop lose to avoid losing your funds incase if bitcoin goes side way stop lose is very important currently in all your trades.

[rokon1234]

In my opinion, no one can predict what will happen to the future of bitcoin, but many traders now think that bitcoin will exceed fifty thousand dollars this year.As a result, many people are still investing in bitcoin,but investing in bitcoin at this time is very risky, bitcoin can change at any time.So,I think even if you invest in bitcoin now, you have to invest with caution.