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Author Topic: What could be bitcoin next step lets discuss together  (Read 398 times)
Oasisman
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January 07, 2021, 09:45:24 PM
 #21


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.

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January 07, 2021, 10:59:06 PM
 #22


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.









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MCobian
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January 07, 2021, 11:47:16 PM
 #23

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.

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January 07, 2021, 11:50:56 PM
 #24

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.
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January 07, 2021, 11:57:15 PM
 #25

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.
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January 08, 2021, 03:53:54 AM
 #26

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.

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January 09, 2021, 03:31:15 PM
 #27

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.

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January 09, 2021, 06:28:26 PM
 #28

*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.  Cheesy

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January 09, 2021, 08:43:48 PM
 #29

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.

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January 09, 2021, 09:17:51 PM
 #30

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.

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TimeTeller
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January 09, 2021, 09:34:23 PM
 #31

*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.  Cheesy

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.
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January 09, 2021, 10:00:44 PM
 #32

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.

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January 09, 2021, 10:21:35 PM
 #33

*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.  Cheesy
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.

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January 09, 2021, 11:28:45 PM
 #34

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.
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January 10, 2021, 05:59:12 PM
 #35

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 =?

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maxreish
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January 11, 2021, 02:52:00 AM
 #36

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.
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January 11, 2021, 03:58:53 AM
 #37

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.

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January 11, 2021, 04:04:34 AM
 #38

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?

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January 12, 2021, 10:41:22 PM
 #39

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.
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January 12, 2021, 11:08:28 PM
 #40

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.
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