Bitcoin will rise or fall.

[STT]

The outlook is still negative overall, within this decline we can still see sharp rises within that and I'm looking at 47311 as a possible point to turn price action in this way.



The 200 day average is just below that but the reason why pricing could catch this is an old trend, this trend represents the decline from the spring peaks.   We beat this in the autumn and rose dramatically on such news as the BTC ETF.  Inversely we could find selling exhaustion at this point sometime on Monday.   On weekly bars we will still close quite negatively and this will have to be dealt with on a wider time frame but I think we can rise short term from a rebalance of supply vs demand which still exists.   Lower pricing does create demand, same in every market pretty much.

[justdimin]

Hello beautiful people,

What you think bitcoin will rise or fall.

I believe it will rise, for now, and will reach a new ATH, you know what it will do then? It will fall, just like now, and after that it will rise, and get a new ATH and after that it will fall and then.... you got my point. It is obvious that bitcoin will go up and down constantly which means that if we are down right now, then it should be up later on. It is the clearest choice that we have, after every fall there will be a big increase and after every huge hyped increase there will be a fall.

Considering December has been bad for us and November wasn't too kind neither, we had 1+ month that was bad and getting closer to two months now. I am expecting things to change soon, there is maximum of 3-4 months left that we can sustain this, later on it shall be a huge increase with parade of people cheering how wonderful it is to hold bitcoin again.

[Woodie]

Hello beautiful people

Hello to you too

What you think bitcoin will rise or fall.

I think bitcoin has been going down for a while now and I think there is no more room for it to keep going down. And just as the saying goes, "what goes up must come down and vice versa" and since market price has fulfilled one part of this equation of going down, its time for it to go up .

But my only worries are these holidays, I do not see much activity that can trigger a bullish move during this period not until next year.

[Slow death]

Hello beautiful people,

Hello

What you think bitcoin will rise or fall.

don't take my post as investment advice. noting that the price is falling, it is very difficult to say how far it can fall, and I need it to stay stable in some zone and then try to rise to some resistance and go back and repeat these cycles so we can know that in zone X the price has found a good support and it's accumulating. and then we will see the direction of the price if it will go up or down

[crzy]

Hello beautiful people,

What you think bitcoin will rise or fall.

Bitcoin falls and its time for recovery, there’s a good support level already and many was able to bough at a cheaper price and looking at the slight recovery of Bitcoin that could be the start of the pump again. Don’t panic, know what to do always and keep buying Bitcoin because it will always pump after it falls.

[Lmaooo]

Bitcoin will rise again but we should prepare if bitcoin will fall again because besides rising, bitcoin also has a chance to fall that we do not know how deep the price will go down. Hopefully, after the last deeper of the downtrend will be the last and after this, the price will start rising and back to $60k, although that is not easy. Hopefully, you already bought bitcoin at the lowest price before, so right now, you only need to wait for the price to increase and sell your bitcoin to make a profit.

After a deep correction last Saturday, the bitcoin price is currently recovering and if we look at the price movement charts it looks like the current recovery will continue until it reaches back to the $56k - $60k price in the near future, I really believe the bitcoin price will rise soon back because the current correction is only temporary.

$50k first, this is a huge barrier, as always because this is a whole number.

But as soon as we broke this one in the next 24 hours, maybe we are looking at $52k-$56k is this recovery phase. So far though it's very volatile around $49,100-$49,300.

Yes, obviously, we need to be optimistic that it will rise soon, and S2F model prediction is still on track on the 6 digits.

Well, I think the bitcoin price will bounce back because what happened was a price correction. It's actually normal for the bitcoin price to fall during the correctional period because it would recover later. In every market regardless of the ecosystem, whether it is stock, gold, oil, or forex, there must be a price correction because the price won't go upward forever, it must come down at some point and then later recover by going upward again.

[sheenshane]

Dont look at the market in just a week or days, it should be a month or year and as I can see there, the Bitcoin correction price isn't yet alarming to me.  Of course, we know that there's no infinite growth of Bitcoin price, it will always have a chance that after surging too much in the market it will drop some time.  So I think this is normal that there's a downfall and Bitcoin has a nature of this rise and fall and this isn't new at all.

Instead of worrying about this downfall why not you didn't grab the chance to accumulate some while the Bitcoin price was down.  I believed FUD was still there and the reason Bitcoin didn't yet recover the correction.  Expected soon it will.

[michellee]

Bitcoin will rise again but we should prepare if bitcoin will fall again because besides rising, bitcoin also has a chance to fall that we do not know how deep the price will go down. Hopefully, after the last deeper of the downtrend will be the last and after this, the price will start rising and back to $60k, although that is not easy. Hopefully, you already bought bitcoin at the lowest price before, so right now, you only need to wait for the price to increase and sell your bitcoin to make a profit.

After a deep correction last Saturday, the bitcoin price is currently recovering and if we look at the price movement charts it looks like the current recovery will continue until it reaches back to the $56k - $60k price in the near future, I really believe the bitcoin price will rise soon back because the current correction is only temporary.

This week can be a recovery moment for bitcoin because I see the price looks stable at $48k-$49k and hopefully, the price will not go down for more. The chance to increase will still be there, but we do not know what bad news will come to the crypto market, affecting bitcoin price movements. People who have already been in bitcoin for at least 2 years know that the recovery process could be longer depending on the situation. But we are still given a chance to buy bitcoin if we have more money because once the price increases, we will not see this current price anymore.

[Fundamentals Of]

The question is too general. If it is just a general question about Bitcoin's future, then the answer would be very easy. Bitcoin will rise of course. But if it specifically refers to Bitcoin's next move after the very recent sudden and huge fall, I guess we have to be very careful. Although we are already seeing some signs of recovery and price rebound, the possibility that this is just a bear trap is there. The price could all of a sudden fall back once more.

[poldanmig]

Hello beautiful people,

What you think bitcoin will rise or fall.

Bitcoin falls and its time for recovery, there’s a good support level already and many was able to bough at a cheaper price and looking at the slight recovery of Bitcoin that could be the start of the pump again. Don’t panic, know what to do always and keep buying Bitcoin because it will always pump after it falls.

what is happening to bitcoin right now in my opinion is not too worrying, and I think what is happening now is not the worst decline that has happened to bitcoin, so far we have gone through various phases that happened with bitcoin including the decline that was worse than now , so we don't need to panic too much with the existing market conditions because the possibility of bitcoin price rebounding is still large, one thing we need to do now is take advantage of the downward price momentum that occurs to buy at low prices.

[Ararbermas]

It will fall because the market still at the bearish, so there's no way it will rise and perhaps until this year end it's possible to stay red, in fact last night there's a break out below the current support, so this situation is very skeptical.. I suggest dont put your money to prevent losses because even though there's already some big investors buying at the dip it still very unpredictable if bitcoin will show a good performance again despite of the situation wherein holders seems panicking..

[junmisakiro]

Hello beautiful people,

What you think bitcoin will rise or fall.

currently the price is getting lower after hitting its latest ATH a few months ago and I think that's very reasonable in a market where prices move quickly. however for the future I think a lot of people are speculating that Bitcoin will hit its new ATH again, maybe 100k as many observers predicted a while ago or so, I hope.

[Kelvinid]

Hello beautiful people,

What you think bitcoin will rise or fall.

If ever it falls but it will rise back again for sure. We ain't to expect that the market remains bearish even for a year but rather to expect the market to fluctuate from time to time without even knowing it.

But to assess the current situation, it looks like we don't fall below $40k. And in fact, we are seeing the market is on the recovery after a short drop in the fast few days. It is really possible to see that we will end up with healthy market performance.

[Wexnident]

The overall situation is still at a negative but we can expect some small recoveries here and there with people trying to take advantage of the falls to profit a bit. It's still questionable though whether this is the end since there have been a bit of ups and downs the past few days but I reckon we can be assured that a huge dip wouldn't happen again anytime sooner. A gradual dip from a sideways movement is completely possible though, so I suggest watching the market a few more days to determine whether we'd actually go up in the end.

[rahmatrf331]

bitcoin is still bearish, based on my observations bitcoin will remain bearish in the next two days and after that the market will return to normal waiting for strong support. Bitcoin is now at $49k after dropping to a low of $47k. market price correction in recent weeks investors can be a strong blow from the bear market.

[Vaskiy]

Bitcoin doesn't looks completely bearish, there is intermittent trend change. As a result the market is bullish at present. We don't know how long this trend continues, from common man's view there is more chance of gradual growth with minor fluctuations. Traders are the profit makers at the moment. Until the price cross $55k we can't get into conclusion whether the market is bullish or bearish. However this time there is less chance for new ATH this year.

[Fatunad]

Bitcoin doesn't looks completely bearish, there is intermittent trend change. As a result the market is bullish at present. We don't know how long this trend continues, from common man's view there is more chance of gradual growth with minor fluctuations. Traders are the profit makers at the moment. Until the price cross $55k we can't get into conclusion whether the market is bullish or bearish. However this time there is less chance for new ATH this year.

Could really change its trend in a snap and thats why its really hard to make out comes conclusions when it comes to price trend or movement because any news could
really turn upside down the market condition and we know that it is really highly reactive when it comes to it thats why dont anticipate for some stable kind like
of movement because it wouldnt really happen into this market and expect the unexpected as always because the main behaviour of this market
will be like this.Thing here is you do know on how to play with those movements.

[Rengga Jati]

What you think bitcoin will rise or fall.

Bitcoin will be both, rise and also fall. That is the cycle of Bitcoin and also other cryptocurrencies.
And about few days ago, we have seen that Bitcoin price fell down drastically. But today, it keeps increasing and can survive in the resistant above $50k. This may be a good next signal, but of course, it is still not safe enough, because the price may fall down again if BTC cannot maintain above $50k during this  week.  I really hope that Bitcoin will have higher increase to rise before the Christmas and also New Year. 

[24Kt]

What you think bitcoin will rise or fall.

Bitcoin will be both, rise and also fall. That is the cycle of Bitcoin and also other cryptocurrencies.
And about few days ago, we have seen that Bitcoin price fell down drastically. But today, it keeps increasing and can survive in the resistant above $50k. This may be a good next signal, but of course, it is still not safe enough, because the price may fall down again if BTC cannot maintain above $50k during this  week.  I really hope that Bitcoin will have higher increase to rise before the Christmas and also New Year.  

This question has very obvious answer. In any market, there's always up and down movement. So it is no surprise if bitcoin will move up and down.  The hard question is when. As this market is a volatile one, it is hard to predict the precise periods of this up and down movement. This is why this market is somewhat attractive to traders because they can earn profit in a very short period of time. People should understand that the volatility is one major aspect why a lot of people are getting into crypto hoping that they can also get their share of profits.

[Findingnemo]

Its just a December offer you will get 20% discount on $60K so its actually 50K at the moment actually this is inspired from someone's Avatar.

Bitcoin may rise or fall which can't be predicted by anyone to be honest, next question please.