watergold
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May 16, 2021, 12:42:32 PM |
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and it is a shame that the new arrivals have experienced considerable panic. they weren't ready for a sharp drop on Bitcoin the past few days. even though they do not know that Bitcoin will continue to show its rapid growth again. even though the FUD has dropped the Bitcoin price below $ 50,000 this time, we remain calm and already know that Bitcoin without the need for interpretation from any party will restore conditions in its own way too. One thing that we need to pay attention to is to read the direction of the pope's thoughts.
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Lucius
Legendary
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May 16, 2021, 12:49:54 PM |
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Leading analyst PlanB believes that BTC will see good growth in the next few months, given that Bitcoin has been able to maintain its price level in the bear market.
This is nothing new that most people who understand what time we are in have not already concluded. If we compare 2017 and 2021 which have in common that they come after halving, then the logical conclusion is that a big bull run is still waiting for us - of course assuming that history will repeat itself. Although all this is at the level of speculation, because let's be realistic - all the money invested in BTC came in large part from big players who primarily want to make a profit and the question arises when they will be satisfied and start selling. At the moment, Bitcoin is skillfully manipulated by a man who more than obviously wants to make as much profit as possible, and in my opinion it could have a big impact on how the market moves in the coming months - because if someone like him has $1.5 billion in BTC, it’s not hard to predict what he might write in his next tweet. "I sold my BTC" would certainly have far more severe consequences than "I think BTC is a bad payment option".
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sapnu
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May 16, 2021, 12:50:35 PM |
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There's nothing wrong about making predictions, bitcoin is indeed a very successful coin and it tops the market for a very long time already. Regardless of the issue it is facing with regards to Elon Musk and Tesla, we all know bitcoin will still be able to come back strong afterwards. I agree that in the next few months, bitcoin will grow even more and achieve more ATHs. Let us keep on holding and believe on bitcoin's domination in the market so that we can benefit the most when the time comes that it regains its composure.
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siopis
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May 16, 2021, 01:01:49 PM |
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S2F model is WRONG! Bitcoin will grow much more then they predicted.....
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gabriela1999
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May 16, 2021, 01:24:15 PM |
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Bitcoin's history has shown us. Bitcoin decreased and then soon increased again. Recent FUD news can only make Bitcoin prices fall in a short time. We will witness a new bitcoin price record in the future.
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Momotajul
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May 16, 2021, 01:33:02 PM |
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Nobody knows what happened next six month about bitcoin.But believe that obviously next six month will grow by bitcoin.
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Sterbens
Sr. Member
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Duelbits.com
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May 16, 2021, 02:06:11 PM |
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I think Bitcoin will grow not only vulnerable in the next 6 months, moreover, all the events that caused the Bitcoin price to drop drastically lately, made the holder hold on. but other than that, the decline is only a means for large holders to accumulate more Bitcoin. and in the end they make bigger bubbles.
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blackened515
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May 16, 2021, 02:17:48 PM |
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Bitcoin price will surely grow up. The is not the first time Bitcoin is experiencing drop in price, it happened in 2019 when the price fell to $8k towards the end of the year, and towards the end of 2020, Bitcoin was trading above $20,000. Analysts have predicted that Bitcoin will likely hit $111k by the end of this year. I think this is the right time to invest in Bitcoin.
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cabron
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May 16, 2021, 02:43:06 PM |
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This is also what the CEO of Pantera said in an interview which he is saying that about six months later BTC will go high again. I don't see why it will not go high soon, this will however vary because of the accumulation of the traders who are trying to grab more of their holdings. A dip in price is a buying opportunity for some.
As always everybody is speculating what could happen and what price it will be when it bounces back.
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Alert31
Member
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May 16, 2021, 03:10:56 PM |
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I also believe that bitcoin will grow more before end of this year. Although all we have is just predictions but for me it's the reality because the demand of bitcoin keep on increasing. No doubt about bitcoin. It's better to invest now rather than regret later.
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Viscore
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May 16, 2021, 03:17:30 PM |
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Just another market presumptions and could be a sort of optimism. To recover in six months? Should I have to believe that? Well, it could be possible but base on the previous bear season, it takes 3-4years before it recovers and I think we need to wait for this after the halving event.
It is really hard to make a conclusion that we are going to face bear season. Because if we take a closer look at the market chart and analyze it, I could say that we are still far from the bearish period. $48k is still a high price and is still sustaining for several days without dumping so hard below $45k.
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conected
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May 16, 2021, 04:09:05 PM |
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Bitcoin price will surely grow up. The is not the first time Bitcoin is experiencing drop in price, it happened in 2019 when the price fell to $8k towards the end of the year, and towards the end of 2020, Bitcoin was trading above $20,000. Analysts have predicted that Bitcoin will likely hit $111k by the end of this year. I think this is the right time to invest in Bitcoin.
- Knowing this is not the first time, but every year in such periods of decline, bitcoin bottoms create very different losses, a drop of a few thousand dollars is still an acceptable number and investors still dare to hope for more. However, the range of price drops has doubled and even tripled compared to previous years, investing can sometimes cause goosebumps and insecurity, intuition and sniffing the smell of danger will inevitably appear, need some capital changes and reduce investment methods, can't increase the pressure by investing
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Oceat
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May 16, 2021, 04:11:47 PM |
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This is just another speculation just like what happened in 2017 but it didn't go as what people expected. Nobody knows what will going to happen in the future so Bitcoin within six months will double is a bit unrealistic to me. Maybe if Bitcoin stick to its current price trend like $40k to $50k+ within this whole year is not bad.
We never know what tweet Elon Musk would release but it's like people are so addicted with his tweets that almost instantly they what they read. I don't know if he's going to another shitcoin or hype Bitcoin to push its price, we don't really know what he's thinking. I hope history would not repeat itself just like what happened in 2017.
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3996
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Furious 7
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May 16, 2021, 04:54:21 PM |
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This is just another speculation just like what happened in 2017 but it didn't go as what people expected. Nobody knows what will going to happen in the future so Bitcoin within six months will double is a bit unrealistic to me. Maybe if Bitcoin stick to its current price trend like $40k to $50k+ within this whole year is not bad.
We never know what tweet Elon Musk would release but it's like people are so addicted with his tweets that almost instantly they what they read. I don't know if he's going to another shitcoin or hype Bitcoin to push its price, we don't really know what he's thinking. I hope history would not repeat itself just like what happened in 2017.
Could this speculation come true? I am not surprised if there is an article that wrote about bitcoin that will grow in the next 6 months, it is still nil and has not been seen by how the trend occurs and we are currently only the trend that determines the atmosphere of the market to come. Elon always creates a new atmosphere with his tweets but if this is encouraged, he just wants to see the base price, of course he will do something he can control a part of the market so it will focus on him a lot with a lot of awaited tweets. I am just optimistic that bitcoin can grow again from time to time.
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fiulpro
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May 16, 2021, 05:59:36 PM |
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I do feel like Bitcoins is being attacked from a lot of sides. It been attacked by people for not being energy efficient, but at the same time there are a lot of inefficient things in the market which is overlooked quite often.
- Square just commented about how they would not buy more Bitcoins since they are already in a lot of loss from the previous year. - Tesla have already dumped and trying to Manipulate people to buy doge coins, the guy is trying to make more profit by taking the new cryptos to the moon.
It will take a little while longer to recover from all these things. It's definitely going to grow up in few months for sure.
Don't worry hold , you won't loose as long as you won't encash.
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Henrobakkara
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May 16, 2021, 06:49:28 PM |
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Just another market presumptions and could be a sort of optimism. To recover in six months? Should I have to believe that? Well, it could be possible but base on the previous bear season, it takes 3-4years before it recovers and I think we need to wait for this after the halving event.
It is really hard to make a conclusion that we are going to face bear season. Because if we take a closer look at the market chart and analyze it, I could say that we are still far from the bearish period. $48k is still a high price and is still sustaining for several days without dumping so hard below $45k.
Exactly, and what if all this that is happening is to actually shake off paper hands so that the real investors can accumulate more before the next Bull market takes off to $100K? I do believe that bitcoin has really held on to around that $45k+ price and if we were really in the bear market, I presume it would have gone down below that with all the negative attacks thrown at it.
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veznata
Jr. Member
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Merit: 4
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May 16, 2021, 08:16:02 PM |
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Be afraid when others are greedy, and be greedy when others are afraid. How many times we have made sure that Buffett's words are true, but when the time comes to put them into practice, we are afraid, we do the "right thing" and we run like most people do and we lose. Now the Crypto Fear & Greed Index is 20, which responds to extreme fear. Well, it's time to buy. If not, at least hold on. I'll do it. Do you have the courage to do the right thing?
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willoweb
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May 16, 2021, 08:35:39 PM |
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I do not know how correct this analysis and assumptions are, since I look at the charts of the exchanges and the general dynamics. What do we see? Following the correction, bitcoin began to fall. The price of this coin has already gone below the level of 45 thousand dollars and may continue to fall. In such conditions, given the high risks of further declines, large investors may falter and start fixing losses. Then we will not see the bottom for a long time, what kind of growth are we talking about?
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molsewid
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May 16, 2021, 08:51:53 PM |
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I am sure that bitcoin price will rise again and reach new higher level but I am not sure about that 6 months. Bitcoin always unpredictable. I always keep an eye on bitcoin market, and I think the strongest factor that influence it price is sentiment. So I always look at the news that spread and follow the trend. My strategy is not based on time but more close to market behaviour, when the price getting more stable then that is a sign for me to take a decision to buy or sell because bitcoin market is volatile so it will not stable forever. But still I think 6 month is too long, maybe it only need 3 or 4 months. But I am not an expert and my strategy is not the best.
Yes that's true. I also believe in that. For sure bitcoin price will rise again and can reach new higher level or maybe not. I mean that's normal thing in bitcoin. It will rise or get low. But, also not sure about that 6 months. A lot of things can happen in that duration of time because it's quite long. But like you I am not expert in this thing. One thing I am sure of the price will change. Let's hope for the best. I learned something from you. You're strategy is very smart and very helpful. Will try to apply it. Thank you!
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yazher
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May 16, 2021, 09:11:51 PM |
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6 months? Easy to form this kind of assumption considering the fact that BTC and many popular altcoins have been rising steadily in recent months.
The primary reason why BTC value will continue to rise in my opinion is the COVID-19 effect which will continue wreaking havoc for many more months in the future. Another reason is the supply and demand logic.
It could take that long and it could also take shorter than that depends on the situation of the market. we all know when the price started to pump again people flock to buy again with new investors coming because that's the only thing they want. when they see the price is rising, that's when they believe in what the people saying about positive things about Bitcoin. We need to consider that every time the market will fall, it's not the end of time. the chances of it rising again is quite high.
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