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Author Topic: Do you think the price of Bitcoin will remain stable at this price?  (Read 298 times)
datamining
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January 24, 2021, 07:25:16 PM
 #41

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.

In what period of time?

Next days maybe 1-2 weeks btc might behave "stable" ;-)

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Wysi
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January 24, 2021, 07:38:11 PM
 #42

There are two possibilities either the Bitcoin will cross $40k or even $50k or it may go below $25k as well. But when it will happen always remains uncertain but if we look at current situation wherein institutions are investing into bitcoin it will not go below $25k which leaves option of bitcoin crossing $40k once again has higer possibilities. This stability or fixed boundary will end soon I don't think ther would ever be any stability.

veznata
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January 24, 2021, 07:40:22 PM
 #43

possible scenarios?
1) since 20-30% dips are normal then staying steadily around 30-32K is a very good sign from what we learned from the past.
this is 50% higher than previous ATH. from here we can easily hit 50-100K in quater3 or 4 this year.
2) we already hit the ATH for this bullrun and will continue to run down to 10K.
I would put all my money on option 1) so just HOLD for some more time.
goldade
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January 24, 2021, 08:02:49 PM
 #44

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?


Just like you and many before me have stated, there are only three possible scenarios that can happen.
It either becomes relatively stable around this price or it falls below $30k (possibly some will lose money, but some will also see it as a good time to buy) or it goes above $40k ( which gives huge profit for those that bought when its price was still low)
However, you should know that the only thing we are all sure of is that there are three possibilities that can happen. No one knows for sure what will happen to the price of bitcoin or when exactly this will happen.

Asuspawer09
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January 24, 2021, 08:16:28 PM
 #45

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?

Probably 20-30k$ was still possible especially because of the correction in the market, and at the same time bitcoin is already in the bubble meaning at any time market could go down. Still in my opinion bitcoin has a solid demand and a limited supply in the market so for sure it will not be a problem buying or holding bitcoin at 30k$ market price.

If you buy bitcoin at this moment the profit was already huge and the possibility of reaching up to a 100k$ soon was there. We know how the bitcoin market price could increase in the past month it will not be a problem reaching a higher than the last ATH if your gonna hold for long term.

Because of the recent hype i dont think it could reach lower than 20k$ in the market anymore since investors are surely going to reinvest again if they see this opportunity.

.
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dimonstration
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January 24, 2021, 08:22:35 PM
 #46

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.
We're on a volatility market, as much as possible I don't be too confident whenever the price stay in a certain range for long since we don't know whether its time to sell or point to acquire more for the pump there might be something that will happen and we hope it's an increase but we still need to be updated.
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January 25, 2021, 10:25:56 AM
 #47

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?

The price looks stable now because the price does not increase so high or decrease so low. And I think we can enjoy this moment to buy low and sell high, which can give us a profit, although the profit itself will not be too big. But I am sure that sooner or later, the bitcoin price will start the rally and will be back to $40k and it will break the high price.

This year, we will have a chance to see the next ATH after $41k, and the opportunity to see that will be wide open. So if you want to make a big profit, you should prepare from now on and not be late to buy bitcoin while the price is still low. You should be ready if the price is down this week because there is no guarantee for the price to stay stable as now, and the price will be up and down many times.

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Question123
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January 25, 2021, 10:32:52 AM
 #48

It is one of the hardest to do is to maintain the value because other people are selling their bitcoin now because they are scared to see the price of the bitcoin to dump. I would not say that you really needed to do hold forever but if majority of us are consistent holding and buying bitcoin and once price goes higher we will be gets from sacrifice that will do and it will have good result..
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