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Author Topic: Do you think the price of Bitcoin will remain stable at this price?  (Read 298 times)
roadrunnerjaiv2025
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January 24, 2021, 01:07:05 PM
 #21

Even with indicators, no one can tell with absolute certainty what's going to happen. But like any other currency or asset, bitcoin's price action is primarily influenced by people's sentiments, especially since the global economy doesn't affect its value much. We've seen confidence in BTC rise dramatically over the last three months. If we keep it that way, we keep BTC's price stay within its current ATL-ATH range. So, it's basically up to us, the miners, and the large institutions that hold most of the existing BTC.   
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January 24, 2021, 01:08:34 PM
 #22

For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.
To coin BTCitcoin as a fluctuating and stable currency in one sentence is interesting  Cheesy. You cannot predict how the market will move going forward, we might see a correction before another rally and it might even breach the current support but we might see another rally before the end of this year and a major factor goes to how the Biden government is planning to regulate the market.
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January 24, 2021, 01:49:56 PM
 #23

We are experiencing ups and downs from past one week as the fluctuations are really good and I guess the price will go down slowly from now because the trend is reversing which can possibly end up in down trend and I believe BTC will never entertain stability because that's how it became popular Wink

There are temporary corrections but it's impossible to see stability in Crypto market and this rarely happens only if the price goes down.









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January 24, 2021, 01:49:58 PM
 #24

a lot of whales have been trying to push the price below $30k for over a week now and have been failing so far. you should know that doing that costs them a lot of money so they are losing money by going against the market.
if the support holds, they soon will run out of money and can no longer manipulate the market. additionally the FUD effects have also diminished while all the misleading information is being debunked and also the weak hands run out of bitcoins to panic dump.
all that means that we can stay in this price for some time before we see another big rise.

There is a FOMO brewing...
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January 24, 2021, 02:40:17 PM
 #25

For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
Nope, won't ever happen, right now, it has stabilized at approximately $32.000, and it has been like that for at least 3 days if I am not mistaken. There are two scenarios, it will either crash real bad, or it will skyrocket, reaching previous price levels again. I really do hope it's the latter, I've bought some BTC and this situation is quite anxious to say the least.

Patience..

R


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budi691
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January 24, 2021, 03:10:47 PM
 #26

no need to be afraid of losing a lot of money when Bitcoin drops below $ 30K again, because this is only temporary and will bounce back and will be over $ 40k,
and won't be long at $ 30K, Bitcoin's uptrend will continue in early February or late January,

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qwertyup23
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January 24, 2021, 03:17:19 PM
 #27

For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?

I remember back in 2018, prices of bitcoin were stable around $4,000-$4,500 and that price stayed for months. After the last quarter of that year, its price significantly jumped and skyrocketed from $4,000 to $20,000 but its price dropped significantly after such increase.

I do have a feeling that the price of bitcoin will become stable at this range. One of the possibilities would be that this will be the new price floor as it may increase further in the few months to come. Hence, I highly advise to HODL and to sell at ATH for maximum profit.

R


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seramania
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January 24, 2021, 03:21:28 PM
 #28

For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
I see maybe when bitcoin correction can be below $ 30k it is natural. but if bitcoin has undergone a correction the price can go up many times it could reach the price of $ 50k I think. because this is a reasonable correction that occurs from bitcoin where bitcoin fluctuation is very large

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January 24, 2021, 03:26:18 PM
 #29

Bitcoin price is not stable. Bitcoin is any time to change the price. So it not easy to guess the price. check the market price day by day. Then you know about the price. Time to invest the bitcoin. Price will be low that time invest the bitcoin. Bitcoin price is not stable one

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January 24, 2021, 04:18:21 PM
 #30

no need to be afraid of losing a lot of money when Bitcoin drops below $ 30K again, because this is only temporary and will bounce back and will be over $ 40k,
and won't be long at $ 30K, Bitcoin's uptrend will continue in early February or late January,
.
I also have the same opinion we will have a big market movement this year if we will base in the daily volume given to each crypto currency mostly those in the top100. I expect more pump than dump this year I'm still positive that the price will be more than 100k$ per BTC before the years ends.

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January 24, 2021, 04:24:14 PM
 #31

A lot of possibilities since the market is unpredictable to start with. The price is staying inside $30K and even if it falls below $30K, I think it will still just go back to what we have right now, it will just go back to $30K and it might go higher than the new ATH that we have this year. $50K now is the new goal and I think it is so close.

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January 24, 2021, 04:27:01 PM
 #32

Anything can be possible overtime. No one will totally no the exact happenings to come for we might just get surprise of either a pump or a dump or sudden stability for a while. But either way, we must just see to it that we are ready to adapt om whatever changes will happen for the fact that upon engaging into Bitcoin, we know that its price is volatile and it can go into any direction. No matter what happen into the price of Bitcoin, do not get afraid for there is always some sort of opportunities that can be seen in the highs and lows of its price. It is just into your perspective and the way you deal with things to still get into your side. It is a matter of patience and mindset to deal on unknown possibilities that may happen.

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January 24, 2021, 04:28:51 PM
 #33

I don't think the price will remain stable, primarily because there's never been such a thing as being stable when referring to the bitcoin price. If it will keep oscillating peacefully (doing sideways) expect some few shitcoins perform better against bitcoin (and then remember that if btc starts again they will be crushed again). Play yor game. I'm only stacking sats.
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January 24, 2021, 04:33:55 PM
 #34

For me when I read yesterday JP Morgan is interested in bitcoin I was thinking now its the end of BTC like we know it, I think price will drop, but its only what I`m think nothing else Wink
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January 24, 2021, 04:42:44 PM
 #35

For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.

What are you thinking about this?
One thing's for sure. People are surely hoping the value would go above $40k since lots of them are still holding but there are few hoping it would drop once again so that they can buy and hold while waiting for the next bull run which can potentially be higher than the all time high at the moment. We cannot say yet what could happen with bitcoin, the value is still too volatile. Maybe it would work if we would read the price movement and keep on monitoring the price change. By that, we may know what's the best course of action we can do.
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January 24, 2021, 04:50:55 PM
 #36

Bitcoin has never been stable to date as we all know its a highly volatile cryptocurrency. At the current price 4000-5000$ movement to any side is normal for me. Impatient holders will lose money if they sell if it drops further but I must say Btc is in good momentum chances of rising is higher than a drop. Profit depends on how much patience you have.

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January 24, 2021, 05:46:20 PM
 #37

I think the ride to the bottom has started. With world governments scheming to end it's existence , It is only a matter of time .

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January 24, 2021, 05:51:49 PM
 #38

From the little experience am having from cryptocurrency I don't think price of bitcoin will stable there there are two thing's that can happen currently bitcoin might dump or bitcoin might pump. But currently am thinking bitcoin will dip first before pumping and the target might be $50k. I will advise everyone to calm down and study it first.

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January 24, 2021, 06:13:51 PM
 #39

There are no guarantees. Despite that there are some technical analysts there who are making their own predictions, it's just a prediction and we are not sure if BTC stays that way because the market was played by buyers and sellers from around the globe. There is no "safe" zone here, just risk management of course.

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January 24, 2021, 07:19:37 PM
 #40

Price stability is something that happens and dosent last, it's just for a while, at this time it gathering energy to either move up or down. The stability dosent mean the price will remain stagnant but price increase and decrease will be low. But most times when Bitcoin tries to break a certain price for many times it usually dips and later move up.
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