rokon1234 (OP)
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January 24, 2021, 05:56:45 AM |
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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?
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LogitechMouse
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January 24, 2021, 06:03:06 AM |
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3 Possible Scenarios that might happen in the next days to weeks
1. It may go below $30,000 and stay there for quite some time. 2. It may go above $40,000 and stay there for quite some time. 3. It may move sideways between the $30,000-$40,000 price range like what it did when it went sideways at the $10,000-$11,000 months ago.
You can build a plan base on the 3 scenarios that might happen. Its hard to predict whether it will be stable at that price range.
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amihada
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January 24, 2021, 08:19:39 AM |
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Bitcoin prices are difficult to predict bitcoin prices can change at any time so if you are sure the bitcoin price is going up then all you need to save is to get a big profit, but if you believe the price will go down, you better sell bitcoin now before you lose money depending on your beliefs and read and monitor the market.
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Leviathan.007
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January 24, 2021, 09:35:34 AM |
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Currently due to many factors it's too hard to predict price. But, if you ask me, I would say the price already done the uptrend movement and and we are still on the bull-run. Any uptrend needs a price correction and the price is now at this situation to take a rest and go for the higher prices. In my own idea, the price will stay stable at correct price level for a little or fall a little more and then this can go for the higher target prices to break the ath again.
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Natsuu
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January 24, 2021, 09:38:26 AM |
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Predicting future happenings in bitcoins comes down to the faith of the trader itself. Though I personally believe that this price will remain for 2 months, and part of me also believes that it will increase up to 40-50k in these two months. But given the trends that happened these past few days, I would say that it can go up to 29-30 and that would be the lowest.
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Oasisman
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January 24, 2021, 09:46:51 AM |
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.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?
Why do you think If Btc goes below $30,000 many people will lose money? That's a very wrong perspective. Actually that's not automatic. Even if btc falls below $30,000 as long as you don't sell, do you think you'll lose some money? If you're invested in Bitcoin or other alts, I don't think you have enough idea how to handle your investment. Btc has come a long way. Btc cost only a few cents back in 2010 and with a span of 11 years, here's Bitcoin cost $32,000+ as of today. All you need to acquire is a long term perspective.
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buwaytress
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January 24, 2021, 10:08:36 AM |
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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 thought traders love volatility. 5%? 10%? How else would it be possible to scalp on a daily basis and compound bankrolls to achieves 2x, 3x or whatever promise traders make these days? Price going down doesn't necessarily mean people losing money, by the way. Way more people having Bitcoin now bought it at below 30k anyway. Those buying above can't be selling too much.
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tabas
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January 24, 2021, 10:17:52 AM |
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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?
Did you miss it when it went under $30k? a lot have lost because they panic sold at that level, and if they've bought back as it retrieves its price @ $30k, they were a total loss. $32k and getting back on track to $33k will make everyone buy it again and would think that they've made the wrong decision. It's as usual whenever the market goes in a dip, many panic sellers.
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blckhawk
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January 24, 2021, 10:37:30 AM |
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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?
First of all, it's hard to predict whether Bitcoin is going up or going down, and all we can do is to speculate. Currently, we are now hovering around $32k and no one exactly knows if it is going to below 30k or will go up again in 40k. Besides I don't think people will lose their money if it goes below $30k unless they panic and sell on that mark, however, if they hold it for the meantime I think they'll be fine 'cause I don't think whales are planning to make a profit right now. I believe that they will push it even more. That is why if it does go below $30k, you should take the opportunity to buy.
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maydna
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January 24, 2021, 10:46:27 AM |
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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?
We already experienced that the bitcoin price was down below $30k a few days ago, and suddenly, the price is back to the high price again. Now, the price is traded at $32,600, and it could go down or up again. You can make a good profit if you already bought bitcoin below $30k, but you can hold for more and sell it when the price can break more than $35k. As long as people can anticipate when the price goes down, they will not get a big loss, but they can buy back bitcoin at a low price. It is possible to make a huge profit, especially if the price can break $40k-$41k, and if the price can start a rally in the next week, it could be a good sign for bitcoin price to break the higher price. So we can wait and see it later.
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cryptoaddictchie
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January 24, 2021, 11:00:21 AM |
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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?
No fluctuation helps on gaining profits on taking advantage of the market up and down. Well for some whom knew when to entry and when to exit this is really profitable. I've been seeing a lot of users easily can make money out of altcoins and bitcoin with the volatility. I think bull market is really that good even not using TA and fundamentals some coins and tokens can really do a good pump.
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death69
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January 24, 2021, 11:17:52 AM |
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BItcoin is currently volatile after a long shot and therefore, stability hardly exists in bitcoin. If you want a more stable asset, gold is your perfect choice
If I were you, I would invest my money in bitcoin without hesitation. The price is now around $30000 and it is an affordable price so as for investors to join. Whenever the price is lower, sharks will come in and collect more
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tranthidung
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January 24, 2021, 11:25:37 AM |
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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.
Bitcoin might have a slightly stable price in next 7 days before big changes come. You can see it with 1D chart and some indicators. Also can be seen with BTC.D and OTHERS.D (1D charts). They will stay around their positions in next one week. Altcoin dominance (OTHERS.D) is reaching the resistance and Bitcoin dominanc is almost at its good support. Altcoin dominance can increase more before get a pull back but a slightly stable price of bitcoin is enough for them to take off. Other indicators show they might remain above upper band or lower than lower band for a while (up to around 7 days) till the end of January or very early days of February.
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FIFA worldcup
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January 24, 2021, 11:27:39 AM |
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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?
Bitcoin is moving within a descending triangle and this is a bearish pattern. The more probabilities is that bitcoin will move down from these levels and may break the 30K support level. But i cannot say this with surety as we are in bull market so we can also pump up from these levels also.
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irixo10
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January 24, 2021, 11:40:45 AM |
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If the price of Bitcoin is stable, how can you make profit? Take a look at stablecoins, does holding them bring any profit? I think not, therefore in order to make profit from Bitcoin, it needs not to be stable, you can be a long term holder, short term holder or a trader. Also, there is no way to ascertain if the price of Bitcoin will continue to fluctuate within that price or not, because the entire market can't be predicted, and since it can't be predicted there is no way to know how low it will go or how high it will go; therefore if you want to invest, invest with a fund you can afford to lose such that if the price goes lower, you will not be disturbed and if you are ready for long term, then decide when to buy because Bitcoin has shown again that long term holders always wins.
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Clark05
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January 24, 2021, 11:41:49 AM |
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We can maintain this price more than 30k dollars of people are keeping investing and holding but sad to say many of them now are selling the bitcoin so price is dump ans the pumping is hard to process because of that. Maintaining price is easy if we are united as one to hold it and believe to the bitcoin that it can increase more and we can make a new ATH this year don't lost this opportunity because it's takes year to us or we wait longer to achieve again bull run so it's not good if we dump it easily we need to maintain the value so we can earn more profit.
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freedomgo
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January 24, 2021, 11:45:38 AM |
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No, bitcoin has not been stable yet though we can see that institutional investors are already investing. The norm of bitcoin is its volatility, and I don't think it will be stable anytime soon.
At the current price, you can always think the possibilities that it will pump or dump.
Bitcoin could reach $100k or drop $10k, anything is possible, as to chances, it's hard to gauge it honestly.
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Marvelman
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January 24, 2021, 11:58:29 AM |
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I believe the price will remain stable. This moment, it was about $34,000 but by the end of this year, I think it will be $50,000-$60,000. By 2023, I can easily imagine it to be $100,000. However, as a small investor, it is still worth it to buy Bitcoin because it does have much potential to grow.
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jasonjm
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January 24, 2021, 12:01:40 PM |
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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?
At the moment there are chances that the price might dip a bit to retain the bullish momentum. It is possible that the price might hit $50k at the end of 2021 or early 2022. No one at the moment can predict with 100% accuracy about the coming market trend as new trends are forming which are different from existed trends.
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DapanasFruit
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January 24, 2021, 12:10:51 PM |
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Nobody can be certain as to which Bitcoin will really go -- up or down especially as we are heading towards the end of January. There remains that fear among many that after the bull run there can be a crypto winter. We are hoping that it will not happen as many can be discouraged after tasting its rise as we recently experienced. Hopefully, the influx of institutional money will never stop coming in for Bitcoin which is now getting a name as a digital gold. As of the moment, all we can do is hope.
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