Bitcoin Bullish Scenario - Minimum will reach $75000

[traderethereum]

The current buy the dip will always be profitable. In fact, not just that, what I want to say is that all buy the dip signals are profitable. Actually, not even that, one only needs to take a look at the overall chart of Bitcoin since its inception and it is enough to realize that even buying the ATH is profitable. But it takes time of course. But there's the point, if buying the ATH is profitable how much more does buying the dip? If the next projected price target is $74,000-$75,000, buying anytime is profitable.

We have seen this many times before, so I think we get another chance to buy at the dip and hold for some time or sell when the price starts to increase.
We do not have to feel bad if we already bought at ATH because the price will break the last ATH and will hit a new ATH in the future.
So rather than feeling bad about the current situation, we need to use the moment for our benefit to have a chance to buy at a low price.
I am sure the price will hit $74,000-$75,000 sooner or later but if we do not have many bitcoins, we can not sell at the high price.

[peter0425]

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.



If this scenario occurs then the current buy the dip will be very profitable.

But with this kind of Movement now?

https://coinmarketcap.com/currencies/bitcoin/

Increasing more than 3k i 2 days , I am not sure if we can still make another ATH this year , actually it is 70,000 is the hindrance and needs to be broken.

But Yeah let us not lose hope as the price is now greening while the Month/Year is nearly ending.

[kanayaTabitha]

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.



If this scenario occurs then the current buy the dip will be very profitable.

Bearish season already last almost 3 weeks and the support is still strong, bullish scenario might still happen in near future so taking a chance to buy more is the chance to get profits.
But anyway placing a stoploss is still a must, since we don't have to be too confident because the market could also make another decline and break the support and going to 40k. Let's prepare for any condition right now.

[BuNga_cute]

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.



If this scenario occurs then the current buy the dip will be very profitable.

Bearish season already last almost 3 weeks and the support is still strong, bullish scenario might still happen in near future so taking a chance to buy more is the chance to get profits.
But anyway placing a stoploss is still a must, since we don't have to be too confident because the market could also make another decline and break the support and going to 40k. Let's prepare for any condition right now.

As long as the bearish trend lasts in December, the price of support is very strong, therefore the price of Bitcoin is still above the price of $45k.
But unfortunately several times the price of Bitcoin tried to rise, but always failed to rise above the price of $50k. And based on the results of
my analysis, the price of Bitcoin will not fall below the price of $40k, therefore I have bought more Bitcoin. I hope that near the end of the year
the price of Bitcoin can at least rise above the price of $50k, if it can be achieved the price of Bitcoin rises above $50k. Beginning of 2022
the price of Bitcoin could enter a bullish trend and the price target of $75k is very likely to be achieved. But because the price of Bitcoin is difficult
to predict, then we have to prepare for the worst case scenario, so I totally agree using the stop-loss feature is important to do.

[btc78]

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.



If this scenario occurs then the current buy the dip will be very profitable.

Bearish season already last almost 3 weeks and the support is still strong, bullish scenario might still happen in near future so taking a chance to buy more is the chance to get profits.
But anyway placing a stoploss is still a must, since we don't have to be too confident because the market could also make another decline and break the support and going to 40k. Let's prepare for any condition right now.

Who says there are Bearish season happens? price of Bitcoin stays strong as the value is up to more than 40k , and this will never indicate a Bearishness because I believe that we can only call if as bear if once the price drops down to below 20k as that is the last ATH back in 2017.
but as long as the price stays this level? and look at it now https://coinmarketcap.com/currencies/bitcoin/ almost breaking 50k once again.

[molsewid]

As long as the bearish trend lasts in December, the price of support is very strong, therefore the price of Bitcoin is still above the price of $45k.
But unfortunately several times the price of Bitcoin tried to rise, but always failed to rise above the price of $50k. And based on the results of
my analysis, the price of Bitcoin will not fall below the price of $40k, therefore I have bought more Bitcoin. I hope that near the end of the year
the price of Bitcoin can at least rise above the price of $50k, if it can be achieved the price of Bitcoin rises above $50k. Beginning of 2022
the price of Bitcoin could enter a bullish trend and the price target of $75k is very likely to be achieved. But because the price of Bitcoin is difficult
to predict, then we have to prepare for the worst case scenario, so I totally agree using the stop-loss feature is important to do.

Yeah, several times bitcoin tried to rise but failed to rise above $50k but what the good thing is the strong resistance of bitcoin's market price of $45k is still in the line so I would like to think positively this time that maybe we will gonna see a good market value of bitcoin this coming holidays or even before the year 2021 ends. I do hope for a good market value of crypto today however I do also prepare myself for any worst-case scenario and my stop-loss technique were always on the rescue whatever the situation may happen.

[yhiaali3]

I was expecting a target of 74K$ for Bitcoin in this month, December, but a sudden dip occurred as a result of some negative news that led to a sudden drop in Bitcoin to about 40K$, but now Bitcoin is starting to regain its bullish activity despite the heavy pressure by whales to absorb the market and if this continues The bullish wave is sure to see this target at the beginning of the new year 2022 and therefore it is expected that Bitcoin will continue to rise to reach a new high, I expect it to be at $85,000.

[tygeade]

several times bitcoin tried to rise but failed to rise above $50k but what the good thing is the strong resistance of bitcoin's market price of $45k is still in the line so I would like to think positively this time that maybe we will gonna see a good market value of bitcoin this coming holidays or even before the year 2021 ends. I do hope for a good market value of crypto today however I do also prepare myself for any worst-case scenario and my stop-loss technique were always on the rescue whatever the situation may happen.

We just feel confused whenever these type of things happens. I mean we feel very happy that we are seeing that 45k support being so strong and not allowing the price to drop too much, that is a great thing right? But we also see that bitcoin is not doing that well on going higher to 50k+ as well so we are sad about it. We are just stuck between 45k to 50k range and that will have to pass one day. Which direction it will pass? We do not know, but let's hope that it will be to a 50k+ price range and break another ATH because it allows everyone to earn money (aside from people who short bitcoin).

I have to say that bitcoin looks better lately, but it doesn't look like there is going to be a bull run, it just feels like some people accumulated and turned that into profit but it is really not that big and we should not be really too hyped about the current situation, at least not yet.

[wxa7115]

The current buy the dip will always be profitable. In fact, not just that, what I want to say is that all buy the dip signals are profitable. Actually, not even that, one only needs to take a look at the overall chart of Bitcoin since its inception and it is enough to realize that even buying the ATH is profitable. But it takes time of course. But there's the point, if buying the ATH is profitable how much more does buying the dip? If the next projected price target is $74,000-$75,000, buying anytime is profitable.

And without a doubt you are right, even if someone followed the opposite strategy to buy the dip and instead bought their coins at each new ATH this person will still become very wealthy if they invested enough capital.

However this is a difficult thing to do, we must recognize that the volatility of bitcoin can be very extreme and as such it is difficult to see your investment losing 20% or even 30% in a day as it happens when we have an important crash, this is why people have so much problems implementing a strategy like buying the dip despite how profitable we know it can be.

[adaseb]

Wonder how the start of next year will go. Most likely till the end of the year will be chop and then in January it’s going to be hard to predict.

Some are assuming a repeat of Jan 2021 where it went up exponentially and topped at $60K and others are expecting people to sell at beginning of Jan for the new tax year.

Then as we get closer to April tax time, it might be a repeat of 2018 where people are selling to pay their capital gain taxes.

[pooya87]

others are expecting people to sell at beginning of Jan for the new tax year.
where people are selling to pay their capital gain taxes.

I always find this type of speculation very weird (selling to pay taxes, selling near holiday to buy presents, selling to go on holiday,...). They make no sense to me, even though some may very well do it. Because why would people sell what they have painstakingly accumulated to pay for something you can pay otherwise.

There is also so many exceptions to this kind of speculation that makes it invalid. It also doesn't explain why price always rebounds after those times where the drop occurs because if people really sold to pay for something they wouldn't have money to buy back and for the price to jump back up again.

[rahmatrf331]

Actually this case is like this selling bitcoins to pay taxes, buying gifts and selling bitcoins for the year-end holidays it is only a few percent or no more than 10% of the total coin holders but this is often used by trading players' strategies to sell their assets with assumptions will buy back after the price correction peaked, therefore bitcoin often plummeted before the new year.

[Poker Player]

others are expecting people to sell at beginning of Jan for the new tax year.
where people are selling to pay their capital gain taxes.

I always find this type of speculation very weird (selling to pay taxes, selling near holiday to buy presents, selling to go on holiday,...). They make no sense to me, even though some may very well do it. Because why would people sell what they have painstakingly accumulated to pay for something you can pay otherwise.

Yeah, doesn't make much sense to me either, at least as adaseb puts it. In the stock market, it is well known that people who manage portfolios of stocks usually remove those they consider weaker at the end of December to offset gains of other sales of shares made during the year and pay less taxes, but selling at the beginning of the year? Never heard of it but I'm not saying that some people don't. You sell in January and don't pay until 15-18 months later.

[bitgolden]

In a bullish scenario this is quite possible. Anyone who comes in here and talks about "how would we know if this will happen???", well this is a "scenario", go look up what it means. It is obvious that there is no guarantee that it will happen, all we have right now is what we can imagine as possible, and in a bullish possible scenario price will hit 75k. This is just the way market moves, we keep going up and down and keep doing that forever.

It could be 40k, it could be 70k, both are quite possible and in the scenario where it goes up instead of going down, the price will reach a new ATH and that is quite easy to predict. This is why people who hold bitcoin for long term usually end up profiting.

[TheGreatPython]

If this scenario occurs then the current buy the dip will be very profitable.

I have never seen a scenario where buying the dips worked differently. It is profitable always.

But, your projected price levels up to $75k seems like into lower side compared to what we have seen people speculated for months. Basically I am also confident about getting into $100k levels in coming months but anything below to that seems not acceptable personally.

[Dave1]

If this scenario occurs then the current buy the dip will be very profitable.

I have never seen a scenario where buying the dips worked differently. It is profitable always.

Of course, there is no secret formula in buying the dip, it's always a win-win situation and profitable if you look at it long term.

But, your projected price levels up to $75k seems like into lower side compared to what we have seen people speculated for months. Basically I am also confident about getting into $100k levels in coming months but anything below to that seems not acceptable personally.

Maybe this is just a conservative estimates for now, as we all know 6 digits is the projected price everyone is looking. Unfortunately, we didn't even get close to it, and we are very happy to see it crossing $50k at this time. But I'm not seeing this holding and sustaining though. Sorry to sound like a little gloomy this Christmas.

[Reatim]

From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level.



If this scenario occurs then the current buy the dip will be very profitable.

Then this scenario does not come to happen, because obviously the trend change course and with 6 days remaining that won't happen that fast so expect a slower movement this before the Year 2021 ends.

Actually this case is like this selling bitcoins to pay taxes, buying gifts and selling bitcoins for the year-end holidays it is only a few percent or no more than 10% of the total coin holders but this is often used by trading players' strategies to sell their assets with assumptions will buy back after the price correction peaked, therefore bitcoin often plummeted before the new year.

this does not take effect lol, only 2k usd added in Bitcoin price this December 25. so meaning any moment this will turns out to dumping

[Baofeng]

In a bullish scenario this is quite possible. Anyone who comes in here and talks about "how would we know if this will happen???", well this is a "scenario", go look up what it means. It is obvious that there is no guarantee that it will happen, all we have right now is what we can imagine as possible, and in a bullish possible scenario price will hit 75k. This is just the way market moves, we keep going up and down and keep doing that forever.

It could be 40k, it could be 70k, both are quite possible and in the scenario where it goes up instead of going down, the price will reach a new ATH and that is quite easy to predict. This is why people who hold bitcoin for long term usually end up profiting.

And yeah, usually it's on a bull run that we see a lot of price increased, from $3k in 2020 pandemic to $68k last month? that's. really a huge rally to begin with.

So it's possible to still hit $75k based on OP's TA, but it might take a lot on us. As we goes down to $50k, so we need a lot of money to pour on the market again. And it can be done if there is FOMO or hype next year.

[cryptomaniac_xxx]

In a bullish scenario this is quite possible. Anyone who comes in here and talks about "how would we know if this will happen???", well this is a "scenario", go look up what it means. It is obvious that there is no guarantee that it will happen, all we have right now is what we can imagine as possible, and in a bullish possible scenario price will hit 75k. This is just the way market moves, we keep going up and down and keep doing that forever.

It could be 40k, it could be 70k, both are quite possible and in the scenario where it goes up instead of going down, the price will reach a new ATH and that is quite easy to predict. This is why people who hold bitcoin for long term usually end up profiting.

And yeah, usually it's on a bull run that we see a lot of price increased, from $3k in 2020 pandemic to $68k last month? that's. really a huge rally to begin with.

It's because of the halving in May 2020 that pushed the price to a new all time high in 2021. Not once, but twice we achieved it in a year.

So it's possible to still hit $75k based on OP's TA, but it might take a lot on us. As we goes down to $50k, so we need a lot of money to pour on the market again. And it can be done if there is FOMO or hype next year.

That is a conservative estimates, most pundits is still looking for $100k this year.
Although its obvious that it won't happen, we still have 2022 to push that agenda in the 1st quarter of the year. Money is not the problem, a lot of institutions and governments are willing to take the risk and invest, it's the sentiments of the retail though that is important here. If retails still thinks that 6 digits is possible, then maybe we can get it to.

[BuNga_cute]

As long as the bearish trend lasts in December, the price of support is very strong, therefore the price of Bitcoin is still above the price of $45k.
But unfortunately several times the price of Bitcoin tried to rise, but always failed to rise above the price of $50k. And based on the results of
my analysis, the price of Bitcoin will not fall below the price of $40k, therefore I have bought more Bitcoin. I hope that near the end of the year
the price of Bitcoin can at least rise above the price of $50k, if it can be achieved the price of Bitcoin rises above $50k. Beginning of 2022
the price of Bitcoin could enter a bullish trend and the price target of $75k is very likely to be achieved. But because the price of Bitcoin is difficult
to predict, then we have to prepare for the worst case scenario, so I totally agree using the stop-loss feature is important to do.

Yeah, several times bitcoin tried to rise but failed to rise above $50k but what the good thing is the strong resistance of bitcoin's market price of $45k is still in the line so I would like to think positively this time that maybe we will gonna see a good market value of bitcoin this coming holidays or even before the year 2021 ends. I do hope for a good market value of crypto today however I do also prepare myself for any worst-case scenario and my stop-loss technique were always on the rescue whatever the situation may happen.

Bitcoin finally made it to $50k on Christmas Eve this year, that's a very good sign in my opinion, and the possibility of returning the price of
Bitcoin to the price of $50k is a bullish trend that will come soon. A few more days this year is coming to an end and I'm quite satisfied with
Bitcoin's performance in 2021, hopefully 2022 will be even better and I believe Bitcoin's performance will experience significant development in 2022.
It seems that the minimum target of $75k is most likely to be achieved in 2022, not even impossible in 2022 Bitcoin can reach a price of $150k.
It is very profitable to be Bitcoin as a long-term investment.