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Author Topic: Will the price last until the end of the year?  (Read 784 times)
ReiMomo
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September 12, 2021, 07:02:30 PM
 #61

Seeing BTC's recent growth, I assume, we may again see another new ATH of BTC by end of this year. Yes, It might again cross $63k. Currently the price remains stable and strong between $42 to $52k. This indicates that $40k is the resistance which again says, the next touch would be $59k by end of this month or in a week. So yes, we can see a good jump to $65k to $67k by end of November.

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September 12, 2021, 08:29:49 PM
Last edit: June 12, 2023, 12:49:01 AM by STT
 #62

Its end of week, we get a new weekly bar soon and around about the Monday and this close we get definitive price action.   The closing price should be more accurate then some of the volatility possible during a week and the weekend, right now prices are set just about the 50 and 200 moving averages only slightly above both for in theory a positive picture medium term.
   It could be taken from this and the averages rising that year end will be positive not negative but I think we need to observe how well price action confirm this area as a low.   I think it'll take more time to be sure, if we trade down to 39k next week but recover to end the weekly close back at this point that will help consolidating a positive picture.

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September 12, 2021, 09:08:06 PM
 #63

Seeing BTC's recent growth, I assume, we may again see another new ATH of BTC by end of this year. Yes, It might again cross $63k. Currently the price remains stable and strong between $42 to $52k. This indicates that $40k is the resistance which again says, the next touch would be $59k by end of this month or in a week. So yes, we can see a good jump to $65k to $67k by end of November.

I support your prediction that Bitcoin will reach another new ATH by the end of this year. Because based on the results of the technical analysis I did,
Bitcoin's movement is seen slowly rising, although there have been several corrections. Even now the price of Bitcoin is still at $46k, whereas
previously managed to reach the price of $ 52k. This proves the price of Bitcoin is very volatile, but as long as it stays above $40k, I think
the opportunity for Bitcoin to at least return above the $60k price is still wide open. The most important thing is that we have to be patient
and don't panic if there is a correction like now.

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September 12, 2021, 11:24:33 PM
 #64

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
They are right thinking that Bitcoin will reach back $50k after the huge correction. I guess we all thinking about the bearish situation after hitting $60k plus the market turns into different and facing an opposite direction. It was great seeing this scenario and I foresee this it sustain until the end of this year. There is a lot of markets drama around but people are to keep ignoring them but in fact, it had to show the adoption has to get stronger and bigger. 

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September 13, 2021, 05:40:48 PM
 #65

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
They are right thinking that Bitcoin will reach back $50k after the huge correction. I guess we all thinking about the bearish situation after hitting $60k plus the market turns into different and facing an opposite direction. It was great seeing this scenario and I foresee this it sustain until the end of this year. There is a lot of markets drama around but people are to keep ignoring them but in fact, it had to show the adoption has to get stronger and bigger. 
Of course it will hit 50k, I mean think about how it is that easy to go there when we did it 3 times in total for the past 2 months. Firstly, it was the first jump from 30k levels to suddenly to 45k levels that eventually reached to 50k. After that dropped and went back to 47k we had another to 50k and then dropped to 47k, and now we had gone to 52k from that drop to increase period and moved to 44-45k levels once again.

So, whenever we went low in the past 2 months, we go over 50k then back to under 50k and then back to over 50k. It is quite simple and we could have that again, doesn't mean we will be 100k but it surely looks like that 50k is quite easy to handle.
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September 13, 2021, 09:18:06 PM
 #66

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.

Actually, the prediction of Bitcoin price reaching $50k has been discussed in 2019. But many people don't believe it. But will these prices last until the end of the year? In my opinion, the price of Bitcoin will drop again, even below $40k. But the price of Bitcoin will again grow at the end of the year, even the forecast exceeds $50k.

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September 13, 2021, 09:53:11 PM
 #67

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
We’re hoping on the same thing but we can’t really tell because there’s a lot of uncertainties in this market and the price can easily change. We hope that the price will stay positive until the end of the year, hoping as well that there’s be no more major crash until we welcome a new year, for now let’s try to accumulate more.
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September 14, 2021, 09:29:10 AM
 #68

Unfortunately, it didn't last long and even went down very sharply by 10k dollars some days ago. Now it is trying to hold onto $46k. It looks like this price correction period will continue to last for more time. It is struggling to go over $47k now. When it manages to break the $50k resistance level again, I will start thinking of the price positively again. But for now, it is still not known what can happen in the coming days.

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September 20, 2021, 09:35:34 AM
 #69

Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
In my opinion, the BTC price will stay at $50k for at least another month. But the price could easily fall back to set the market back into a stretched bear market. It is very important to maintain the momentum after the price increase of the last few weeks. Because any loss of momentum will easily send the price falling back to where it came from. Sometimes it's even lower than the starting point of the rally as it is today where the bitcoin price is back down to the $44k level.

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September 20, 2021, 12:22:09 PM
 #70

your asking as if the price will run dry but no it wont happen to bitcoin because it was the most used coin here in crypto although the obvious answer to your question is unkown . since btc is volatile ,
theres no guaranteed that 50k will remain staple till the year ends and infact we are already under the 50k mark again but my instincs says that it will not stay there any longer and we will return once again to 50k weeks or months after .
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September 20, 2021, 01:03:33 PM
 #71

In my opinion, the BTC price will stay at $50k for at least another month. But the price could easily fall back to set the market back into a stretched bear market. It is very important to maintain the momentum after the price increase of the last few weeks. Because any loss of momentum will easily send the price falling back to where it came from. Sometimes it's even lower than the starting point of the rally as it is today where the bitcoin price is back down to the $44k level.
The drops will always be there, it is not really a shock but at the end of the day it always recovers and it will always keep on recovering. Bitcoin is destined to be a high price asset and will not change anytime soon, it is too valuable against fiat because of inflation and the way it can be used.

The price needs to be 400-500 thousand dollar levels before it could reach gold levels, and we all know that it is even better than gold. Gold is a great store of value asset, just like bitcoin but at the same time we are talking about something that can be used as a way to make a purchase or send/receive as well, that is how good it is. Hence, 500k will definitely be broken one day.

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September 20, 2021, 01:36:18 PM
 #72

your asking as if the price will run dry but no it wont happen to bitcoin because it was the most used coin here in crypto although the obvious answer to your question is unkown . since btc is volatile ,
theres no guaranteed that 50k will remain staple till the year ends and infact we are already under the 50k mark again but my instincs says that it will not stay there any longer and we will return once again to 50k weeks or months after .

Panic will again start once bitcoin hits $30k+ again. Remember that the lowest price of bitcoin this year is $29k, that's after it hit the ATH which is $64k. Imagine, if you have no idea about the nature of crypto, you would easily panic seeing a big dump, ad it seems happening again, so are we still gonna panic even if we witness many times already that bitcoin will always bounce back?

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September 20, 2021, 03:13:20 PM
 #73

your asking as if the price will run dry but no it wont happen to bitcoin because it was the most used coin here in crypto although the obvious answer to your question is unkown . since btc is volatile ,
theres no guaranteed that 50k will remain staple till the year ends and infact we are already under the 50k mark again but my instincs says that it will not stay there any longer and we will return once again to 50k weeks or months after .

Panic will again start once bitcoin hits $30k+ again. Remember that the lowest price of bitcoin this year is $29k, that's after it hit the ATH which is $64k. Imagine, if you have no idea about the nature of crypto, you would easily panic seeing a big dump, ad it seems happening again, so are we still gonna panic even if we witness many times already that bitcoin will always bounce back?
Panicking is not usual to see especially when you are not believing Bitcoin's potentials but if you trust Bitcoin as a long-term investment, it is sure that you don't mind but instead of taking this opportunity to buy more. Hitting back at $30k again wasn't possible, maybe we think that Bitcoin will reach for new ATH but can't just ignore any chances of its huge fullbacks.

But as we can see that the market had never been in huge declines, some corrections occur however, we mostly seeing an uptrend motion. We couldn't sure that the current momentum will stay till the end of this year but never I think also that it drops back to $30k.
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September 20, 2021, 03:33:40 PM
 #74

Panic will again start once bitcoin hits $30k+ again. Remember that the lowest price of bitcoin this year is $29k, that's after it hit the ATH which is $64k. Imagine, if you have no idea about the nature of crypto, you would easily panic seeing a big dump, ad it seems happening again, so are we still gonna panic even if we witness many times already that bitcoin will always bounce back?
Panic will always exist among new traders and investors who are not experienced enough. I think panic can still be considered normal for them because in general they have reasons to secure their capital so they don't lose more so they have to sell their assets at the time of correction. Cut loss is one of the recommended strategies in trading, but I believe it is very different from panic in general. But if their goal of investing in bitcoin is to make a profit in the next 1-10 years, then they should completely ignore price volatility.

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September 20, 2021, 03:54:09 PM
 #75

The situation of market turned into bearish mate, i mean don't expect bitcoin will keep the price for long because you know what will gonna happen on it when the market is changing directions. Wherein there's a panic selling, or should i say people who want to avoid losing profits from the correction of the market, infact this became a normal situation ever since before, so its not surprising, expect a good recovery instead after the bearish because for sure people will going crazy to buy again because surely bitcoin will skyrocketed again especially this year wherein there's a lot of good news above bitcoin.
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September 20, 2021, 07:09:57 PM
 #76

In fact, no one can forecast the future of a cryptocurrency with any accuracy, if we could, we'd all be billionaires. Prices for cryptocurrencies are quite variable. This implies that the value of a coin might fluctuate dramatically and for no apparent cause. Price prediction is significantly more difficult in this environment than in regular markets.
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September 20, 2021, 08:44:08 PM
 #77

your asking as if the price will run dry but no it wont happen to bitcoin because it was the most used coin here in crypto although the obvious answer to your question is unkown . since btc is volatile ,
theres no guaranteed that 50k will remain staple till the year ends and infact we are already under the 50k mark again but my instincs says that it will not stay there any longer and we will return once again to 50k weeks or months after .
As many already mention no one is clear about this because bitcoin and crypto is volatile and no one can predict about any price for future, but we have to manage this all through market behaviour and some other activities recently we have very good news about this as El Salvador adopt bitcoin but suddenly after few days we have very bad news that Biden administration set to ban crypto for ransomware payments this type of news can decline to thousands of dollar in minutes. No one can give you what will happen next.
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September 25, 2021, 11:29:06 AM
 #78

Yesterday the price of BTC has touched the level of $ 50,000, even more. Not seen a significant peak that occurred yesterday and today's candle, after touching the price. The closing of the Daily candle yesterday was marked by a Pinbar then today the price is moving bearish. We expect the BTC price to reach $60,000 by the end of the year or it can reach $80,000 as we've been hoping for.

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September 25, 2021, 12:41:05 PM
 #79

In fact, no one can forecast the future of a cryptocurrency with any accuracy, if we could, we'd all be billionaires. Prices for cryptocurrencies are quite variable. This implies that the value of a coin might fluctuate dramatically and for no apparent cause. Price prediction is significantly more difficult in this environment than in regular markets.
You're right, no one can make accurate calls. But In trading or investing, emotions shouldn't enter the picture. As long as I know the time for profit is coming, dips like these don't make me angry or sad. Bitcoin will make you money regardless of how much dip it takes. Results are based on technical and fundamental factors. It would be amazing if that one does better!
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September 25, 2021, 01:04:51 PM
 #80

In fact, no one can forecast the future of a cryptocurrency with any accuracy, if we could, we'd all be billionaires. Prices for cryptocurrencies are quite variable. This implies that the value of a coin might fluctuate dramatically and for no apparent cause. Price prediction is significantly more difficult in this environment than in regular markets.
You're right, no one can make accurate calls. But In trading or investing, emotions shouldn't enter the picture. As long as I know the time for profit is coming, dips like these don't make me angry or sad. Bitcoin will make you money regardless of how much dip it takes. Results are based on technical and fundamental factors. It would be amazing if that one does better!
Easy to say but would really be hard to be done because we are just human and its normal and inevitable that we would really be making out some reactions thats why its really impossible that you could really set
aside your emotions because this is something  that cant really be controlled no matter how you do said that you are already having some experience on this market.WHen it comes to price predictions then it would
really be always a question specially into this market.This market had been always unpredictable since from the start but due to our skills and analysis we can at least make out some considerable
guess which does have really a chance for you to make profits.
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