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Author Topic: Bitcoin will rise or fall.  (Read 551 times)
TheGreatPython
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December 25, 2021, 05:42:43 AM
Merited by el kaka22 (1)
 #81

bitcoin will stay at the current price for the next few days and will start before the end of this year so that can be our gift to see bitcoin is at a high price.
You are already accurate; bitcoin seems trading sideways for more than last 24 hours which must be a simple indication for getting ready for stronger bullish rally. This way, I guess we can enjoy a nice gift around the times of new year. Let's wait and watch; bitcoin will rise for sure.

it will fall this year and maybe in the next as the growth from the beginning of 2021 is really Huge and we are very greedy to expect more from this point.
Nothing is huge when considering the potential adoption by individuals and institutions; hence you sound pessimistic rather than seeing speculators as greedy. In last cycle, bitcoin showed some ~20x growth but in this cycle so far only ~3x growth hence more bull actions yet to come.

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December 25, 2021, 06:21:55 AM
 #82

As usual bitcoin still seems like into bullish in long run and in short term might be in sideways.
At least we are not into bearish trend like how were doing lat week. Year-end is always a typical situation like for bullish years, it have turned bearish and for sideways/bearish years, it was a perfect open door for trend change.

November's last week and December's first 3 weeks were dominated by bearish and sideways trend hence we could expect bullish actions from here onward even this year had bullish trend at most of the months. This year might be a different bullish year from previous such years like we had ATH by April itself and then we had approximately same ATH again in November which are trying to indicates us long lasting bullish trend unlike previous cycles. It means bitcoin may keep rising for next few more months as political news are just settling down and people may resume to continue their accumulation like before.

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December 25, 2021, 11:54:46 AM
 #83

As usual bitcoin still seems like into bullish in long run and in short term might be in sideways.
At least we are not into bearish trend like how were doing lat week. Year-end is always a typical situation like for bullish years, it have turned bearish and for sideways/bearish years, it was a perfect open door for trend change.
Yeah, it seems that this last two weeks will be bullish at least trying to get to $52k.

November's last week and December's first 3 weeks were dominated by bearish and sideways trend hence we could expect bullish actions from here onward even this year had bullish trend at most of the months. This year might be a different bullish year from previous such years like we had ATH by April itself and then we had approximately same ATH again in November which are trying to indicates us long lasting bullish trend unlike previous cycles. It means bitcoin may keep rising for next few more months as political news are just settling down and people may resume to continue their accumulation like before.
It's really interesting what will be the year 2022 will bring to us. I don't count the last two weeks, as I have said, I'm expecting it to be bullish. However, next year will be very interesting, as I have said, if we didn't get over $50k this end of year, we might be in a bearish mode. But since we are around that price, maybe the sentiments might chance for bullish in the next first quarter.

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December 25, 2021, 04:01:53 PM
 #84

bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.

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December 25, 2021, 05:39:59 PM
 #85

bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.
If this is how Bitcoin going to behave in the same manner just like in the past few days where it just bouncing back and forth from $47k to $49k then, it might take for a while before we get to see a new ATH. Not unless if there's a good news that would create a FOMO to investors and traders.

I believe that would be the triggering point before Bitcoin starts to break almost everything until it hits a new ATH. We shouldn't worry something that isn't coming yet but what we must be worried is what we could do today that would reflect something to us tomorrow.

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December 25, 2021, 06:56:35 PM
 #86

The price is very volatile. In the short run, the price may go up or down due to volatility, but in the long run, the price will always go up. Just look at the charts and compare the price. Zoom out and you will see that the price of the bitcoin is always higher when comparing with price few years ago. So if you are asking will the price go up within next few days, then no one can answer your question with certainty. If you are asking will the price go up within next few years, then yeah, there is a very high chance the price will be higher than it is now.

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December 26, 2021, 03:43:01 AM
 #87

bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.

I don't think we can consider this normal, well this could be a 'normal Christmas pump'. But after this I'm seeing the price going down again to $48,000 for some time and it might trade sideways until we will see a good "New Year pump".

So the real price movement will be the start of next year, it will spell whether we are in the bullish or bearish trend so better watch early so that we can make our investment and trading adjustments.

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December 28, 2021, 03:16:34 PM
 #88

IMHO bitcoin will go up again like the previous year, based on the data the increase will go down first as what happen today.
But don't worry because this decline is still within normal limits based on data, there will be a decline to $40K-$42 then it will come back slowly and surpass ATH this year. I think there will be a brand new ATH in February 2022, we will see that later.
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December 28, 2021, 05:36:14 PM
 #89

Finally, today's bitcoin price can go back to $51k. Hopefully, in the rest of this end of the year could give good news to us to see bitcoin price will be back to up to $60k. If that can happen and the support is still going strong, we can have a chance to see the bitcoin price will increase more than the last ATH. And in the new year, we will see a rise in the crypto market again, which can give us to sell many coins that we have already held for some time.
The price is having huge problems staying above 50k, after it went above that level it has gone below it after a few days, the truth is that the market is undecided about what direction to take as it is not clear the direction the economy will take either, so the only thing we can do is to wait, in fact I would not be surprised if the current market conditions lasted for a long time, however that is a good thing as it give us the chance to buy some bitcoin for a stable price while we wait for the bull market to resume.
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December 30, 2021, 09:15:35 PM
 #90

Since the last few weeks bitcoin has experienced a very deep price decline which has caused the bitcoin price to be at the level of $42k. However, currently the bitcoin price has started to rise where the bitcoin price has again broken through the $51k resistance level in the last 24 hours. I'm sure the current price increase will continue until early next year so bitcoin will set another new ATH record.
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December 31, 2021, 06:27:39 PM
 #91

Since the last few weeks bitcoin has experienced a very deep price decline which has caused the bitcoin price to be at the level of $42k. However, currently the bitcoin price has started to rise where the bitcoin price has again broken through the $51k resistance level in the last 24 hours. I'm sure the current price increase will continue until early next year so bitcoin will set another new ATH record.
I have no doubts that during the next year we are going to see a new ATH for bitcoin, however when this will exactly happen is something that no one really knows, after all as you have pointed out the price is having a lot of problems to grow and each time the price goes above the 50k level the bears begin to push the price down as well, however the fact that they cannot push it below the 40k level tells me there is accumulation taking place, and once the whales are happy with their holdings the price will begin to go up once again.
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