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Author Topic: Future bitcoin price is high and low  (Read 683 times)
tygeade
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November 10, 2021, 06:52:47 AM
 #101

BTC Next low should be 50k area I think and to get these higher price objectives it should occur before we break out.    The best price accumulation comes in a regular form of a high and a low and right now I think we're still too extended some to say it can safely rise like this.   BTC isnt totally predictable but ebb and flow of waves back and forth is fairly reliable and recognizable as people naturally buy then sell after profits, any fallback we've seen so far is not enough when viewed over a year.
   BTC just getting a new high now, see if it can avoid retracing below something reasonable like 65 or 64k in which case it should run.   A failed break up and a drop back below those points I will start to wonder on the more bearish take to our movements.
If a "fall" happens to 50k, then it would be amazing. If we can fall from 64k to slightly under 30k and then move to around 68k levels, then imagine how higher we would go if the price goes down to 50k. That would mean that we could potentially move to a lot higher levels, like 100k could actually happen this time around.

People are afraid of the price falling down but the reality is that if the price falls down that usually means that it is getting ready for another attack. It will not go down forever, it will go down for a while but then it will skyrocket higher and that is where we are at right now. That is why I am quite happy with what we have, but would be even happier if it went down to 50k and didn't fall any further down.

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November 10, 2021, 09:16:43 AM
 #102

I think the price of bitcoin in the future will continue to increase because what we see and hear about the development of bitcoin continues to grow rapidly from year to year, and I think positive news about bitcoin will continue in the future and make bitcoin prices continue to rise.
and what we have to realize is bitcoin fluctuations will continue to exist and realize the volatility is also very high and but if we look at the bitcoin trail from worthless to valuable even to very valuable, and if we do it for the long term everything will be fine and safe.

and I think the bitcoin journey that has been missed will repeat itself, the only difference is that new developments continue to emerge and the nominal price is also getting higher.
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November 10, 2021, 11:09:16 AM
 #103

If a "fall" happens to 50k, then it would be amazing. If we can fall from 64k to slightly under 30k and then move to around 68k levels, then imagine how higher we would go if the price goes down to 50k. That would mean that we could potentially move to a lot higher levels, like 100k could actually happen this time around.

People are afraid of the price falling down but the reality is that if the price falls down that usually means that it is getting ready for another attack. It will not go down forever, it will go down for a while but then it will skyrocket higher and that is where we are at right now. That is why I am quite happy with what we have, but would be even happier if it went down to 50k and didn't fall any further down.

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.
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November 10, 2021, 03:49:41 PM
 #104

If a "fall" happens to 50k, then it would be amazing. If we can fall from 64k to slightly under 30k and then move to around 68k levels, then imagine how higher we would go if the price goes down to 50k. That would mean that we could potentially move to a lot higher levels, like 100k could actually happen this time around.

People are afraid of the price falling down but the reality is that if the price falls down that usually means that it is getting ready for another attack. It will not go down forever, it will go down for a while but then it will skyrocket higher and that is where we are at right now. That is why I am quite happy with what we have, but would be even happier if it went down to 50k and didn't fall any further down.

That would mean only a 25-30% fall so actually,,, pretty normal in the world of Bitcoin, unless it happened in one day then okay, it would cause a lot of widespread panic. But also it would cause a repeat of the bounce back up and beyond, like you say.

IT is only when it keeps breaking support and does not bounce high that we should realize the rally is done and we are going back into winter retreat.

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November 10, 2021, 11:51:07 PM
 #105

bitcoin price in the next year I don't know ,but as time by it will go be higher than the previous 3 years probably estimate 115K more or less Grin ! now the price has corrected a little and where there is already strong support at 64K ,we'll see at the end of 2021 bitcoin can hit 80K or what people have been talking about is 100K ,well hopefully it can be

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November 11, 2021, 10:28:19 AM
 #106

Because the bitcoin community continues to increase, the demand for bitcoin will continue to be high, the stock of bitcoin remains and for mining it is increasingly difficult due to many factors, this makes the price of bitcoin more expensive and I'm sure one day the price of 1 btc can reach $ 1 million and price fluctuations will not high as it is now, maybe the bitcoin price will go up or down not more than 0.1%.


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November 11, 2021, 12:09:24 PM
 #107

bitcoin price in the next year I don't know ,but as time by it will go be higher than the previous 3 years probably estimate 115K more or less
exaggerated to reach 115k this year or the next , at least 80k is practical to expect.
Quote
! now the price has corrected a little and where there is already strong support at 64K
don't keep your faith on that strong support because the strong support of 60k in the last month makes if dip to below 30k.
Quote
,we'll see at the end of 2021 bitcoin can hit 80K or what people have been talking about is 100K ,well hopefully it can be
yeah it is the target value for this end year.

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November 11, 2021, 12:57:59 PM
 #108

Because the bitcoin community continues to increase, the demand for bitcoin will continue to be high,
could it be the demand for bitcoin continues to increase that's why the bitcoin community keeps growing as well.

the stock of bitcoin remains and for mining it is increasingly difficult due to many factors, this makes the price of bitcoin more expensive and I'm sure one day the price of 1 btc can reach $ 1 million and price fluctuations will not high as it is now, maybe the bitcoin price will go up or down not more than 0.1%.
The main reason are the institutional investments, they drive adoption to the market and their decision to invest in bitcoin also signals the ordinary investors to put their money on bitcoin as they trust these institutions who trust their money on the future of bitcoin.
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November 11, 2021, 03:05:41 PM
 #109

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.

Nah, traders are saying that because most of them are shorters. And a lot of them also thought Bitcoin was done with the 63k ATH. Leveraging long-term positions, and now feeling the pain and shame and regret of not getting on the train, holding a ticket to get off that keeps getting less attractive.

We've seen a few corrections already. In the midst of one right now. But we're no longer experiencing crazy parabolic gains, either, so the bears are probably squirming in their seats hating on the relaxed moves up and muted moves down.

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tygeade
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November 11, 2021, 03:30:20 PM
 #110

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.
That's the risky part that we should be looking out for, but if nobody buys at peak prices then we won't have new peak prices neither. I mean we should be happy with going up, but we should also be thankful for people who buy at these prices as well because they are the ones who are taking it that far.

I personally would buy if at the start of the month it is still high, I put aside a small percent of my money into crypto every single time I get my paycheck, maybe not this month since it has been a little hard for the past few months but I will be doing it again during spring when all of my debt is gone and I am doing well again. I hope that people would realize that you should buy bitcoin no matter what the price is because the future price will always be higher eventually.

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November 11, 2021, 07:35:34 PM
 #111

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.

Nah, traders are saying that because most of them are shorters. And a lot of them also thought Bitcoin was done with the 63k ATH. Leveraging long-term positions, and now feeling the pain and shame and regret of not getting on the train, holding a ticket to get off that keeps getting less attractive.

We've seen a few corrections already. In the midst of one right now. But we're no longer experiencing crazy parabolic gains, either, so the bears are probably squirming in their seats hating on the relaxed moves up and muted moves down.
Cant really be still that confident on how it moves now but its been a while on where it do really behaves like this on which we cant really see some rise into a certain extent just like in the past which now is more
less but still considerable kind of level of volatility.

Traders/investors does have different mindset which some do believe on those things that do happen in the past and some do know on how to utilize these current price movement
behavior.

Corrections and recovery would be always the thing on this market yet it cant be called market in the first place if there were no involvement on this one.

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November 11, 2021, 08:05:19 PM
 #112

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.
Nah, traders are saying that because most of them are shorters. And a lot of them also thought Bitcoin was done with the 63k ATH. Leveraging long-term positions, and now feeling the pain and shame and regret of not getting on the train, holding a ticket to get off that keeps getting less attractive.

We've seen a few corrections already. In the midst of one right now. But we're no longer experiencing crazy parabolic gains, either, so the bears are probably squirming in their seats hating on the relaxed moves up and muted moves down.
I doubt that "most" traders are shorters, I mean maybe now but I doubt it. Why? Because if most of them are shorters, how did we move from 30k to 67k+ in few months? That means that most people are not even on leverage, most people are buying on spot and then some few of them are on leverage trading and some of those are shorters so it must be not so much money involved compared to rest of the market.

I am not saying that it is not impossible but I am definitely doubting that most people are shorters, most people are holders if you ask me. I mean imagine how much bitcoin is just sitting in wallets, not even moving, that’s the real majority if you ask me. However, the reality is that those who speak the loudest are probably the ones who shorted, only because they really want it to drop and it is really going up so much so they are working extra time.

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November 12, 2021, 08:17:54 AM
 #113

Because the bitcoin community continues to increase, the demand for bitcoin will continue to be high,
could it be the demand for bitcoin continues to increase that's why the bitcoin community keeps growing as well.

the stock of bitcoin remains and for mining it is increasingly difficult due to many factors, this makes the price of bitcoin more expensive and I'm sure one day the price of 1 btc can reach $ 1 million and price fluctuations will not high as it is now, maybe the bitcoin price will go up or down not more than 0.1%.
The main reason are the institutional investments, they drive adoption to the market and their decision to invest in bitcoin also signals the ordinary investors to put their money on bitcoin as they trust these institutions who trust their money on the future of bitcoin.

Strong fundamentals, limited stock and prices that continue to experience speculation are one of the reasons bitcoin continues to grow today, I agree with what @sanitough said, which is now institutionally starting to look at bitcoin as a promising investment alternative instead of having to save their money in the bank, and the increasing number of institutions investing in bitcoin of course this will strengthen bitcoin by itself and we must not forget that now countries are starting to adopt bitcoin as one of the steps to follow the direction of progress in the economy and finance.

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November 12, 2021, 09:03:32 AM
 #114

I doubt that "most" traders are shorters, I mean maybe now but I doubt it. Why? Because if most of them are shorters, how did we move from 30k to 67k+ in few months? That means that most people are not even on leverage, most people are buying on spot and then some few of them are on leverage trading and some of those are shorters so it must be not so much money involved compared to rest of the market.

I am not saying that it is not impossible but I am definitely doubting that most people are shorters, most people are holders if you ask me. I mean imagine how much bitcoin is just sitting in wallets, not even moving, that’s the real majority if you ask me. However, the reality is that those who speak the loudest are probably the ones who shorted, only because they really want it to drop and it is really going up so much so they are working extra time.

Think you could be confusing yourself. We're talking about traders, not people in general. You can't call yourself a trader if you're a holder, it's almost exactly the opposite principle. Traders want to close positions as quickly as possible so they put their liquidity to work.

You're asking how we moved from 30k to 67k? From buyers, investors, retail and institutional, who want Bitcoin to own, not to trade.

Not hating on traders at all! Wish I could do it =) Just saying I'm certain most that do are selling (including myself, I use p2p platforms solely for selling, of course I only sell because I earn Bitcoin, so I wouldn't really call myself a trader but there you go).

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November 12, 2021, 05:26:39 PM
 #115

Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.
That's the risky part that we should be looking out for, but if nobody buys at peak prices then we won't have new peak prices neither. I mean we should be happy with going up, but we should also be thankful for people who buy at these prices as well because they are the ones who are taking it that far.

I personally would buy if at the start of the month it is still high, I put aside a small percent of my money into crypto every single time I get my paycheck, maybe not this month since it has been a little hard for the past few months but I will be doing it again during spring when all of my debt is gone and I am doing well again. I hope that people would realize that you should buy bitcoin no matter what the price is because the future price will always be higher eventually.
Exactly my point. Regardless of the price, if we aim for higher profits in the future, then we should still consider buying bitcoin even if its already expensive as long as we'll hold it until it reach another ATH. We should not wait anymore for a huge price downward since it may take so long and definitely a long waiting game for us since we really don't know when will its bound to happen. With its good fundamentals that increases its demand, bitcoin price will always keep increasing rather than failing.

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November 12, 2021, 06:32:15 PM
 #116

I personally would buy if at the start of the month it is still high, I put aside a small percent of my money into crypto every single time I get my paycheck, maybe not this month since it has been a little hard for the past few months but I will be doing it again during spring when all of my debt is gone and I am doing well again. I hope that people would realize that you should buy bitcoin no matter what the price is because the future price will always be higher eventually.
Exactly my point. Regardless of the price, if we aim for higher profits in the future, then we should still consider buying bitcoin even if its already expensive as long as we'll hold it until it reach another ATH. We should not wait anymore for a huge price downward since it may take so long and definitely a long waiting game for us since we really don't know when will its bound to happen. With its good fundamentals that increases its demand, bitcoin price will always keep increasing rather than failing.
I continue to speculate that bitcoin will continue to be high in the future, so slowly we have to buy bitcoins with the amount we can afford and this does not impose the necessary finances on our daily costs, but clearly on good fundamentals bitcoin is not in doubt again buy at any price as long as the goal is not for the short term.

Sometimes I also think about the past, if only if I still held bitcoin until now it might have become a greater value, but I will learn from it that bitcoin in the future can be much higher than what we imagine today.

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November 13, 2021, 04:35:03 AM
 #117

What will be the price of bitcoin in the coming years as the price of Bitcoin goes down? The current price of the British ranges from 41 thousand to 50 thousand. Bitcoin was the highest price of 48-50 thousand. The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?

Bitcoin price in 2022 will reach $100k, in 2023 Bitcoin price will drop, price between $35k to $50k. The end of 2024 bull run is back, and Bitcoin price will be between $150k to $200k. Maybe this is just my analysis based on Bitcoin guidelines from previous years.

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November 13, 2021, 02:27:14 PM
 #118

I'd expect more in the pumps than crashes. Now that adoption has been going strong will it serve as a warrant for the price to spike more, a double of its current prices seems big possible. The more establishments and online sites accept crypto as an alternative payment option, this could even make it so great and still bullish.

Well, that can't be a hundred sure. However, the current situation could give us a positive view of what comes next, Corrections is still existed, even the FUDs but this makes no huge effect as the majority of the holders remain calms.
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November 13, 2021, 02:33:33 PM
 #119

I'd expect more in the pumps than crashes. Now that adoption has been going strong will it serve as a warrant for the price to spike more, a double of its current prices seems big possible. The more establishments and online sites accept crypto as an alternative payment option, this could even make it so great and still bullish.

Well, that can't be a hundred sure. However, the current situation could give us a positive view of what comes next, Corrections is still existed, even the FUDs but this makes no huge effect as the majority of the holders remain calms.
A short correction happened after that good pump. It's always possible to see that the market

will experience some crash as there are investors who managed to cash out some good amount

of profits and then they just going to wait for another opportunities to re-enter the market and

make a good rinse in making good money. Future is good, as we seen more adoptions that happen

and create more interest from newcomers.
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November 13, 2021, 08:14:40 PM
 #120

Bitcoin price in 2022 will reach $100k, in 2023 Bitcoin price will drop, price between $35k to $50k. The end of 2024 bull run is back, and Bitcoin price will be between $150k to $200k. Maybe this is just my analysis based on Bitcoin guidelines from previous years.
I believe in the reverse. I believe that 2022 could be the bad year where we spend most of our time between 35-50 and then I believe 2023 could be the year we finally see 100k.

I am with you on the prices and the situation bitcoin is in, and almost everything else. I just believe one would happen before the other. Obviously we would have to wait and see and nobody really knows what is going to happen with crypto, maybe it will be doing great in 2022 AND 2023, or maybe it will not do good at all in both of them, we have no idea what is going to happen.

I just believe that after such a great year, it looks quite possible for us to decrease following this year, and increase again later.

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