Silberman
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July 24, 2022, 05:02:00 AM |
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If we follow the history then we know that bitcoin always pump after the having and this time it has pump in 2021. Also means that if the history repeats the next pump will be after the next having in 4 years. But I don't think that we will have a continuous bear market for 2 years.
I think we have we will have short pumps like the price pump to 40000 , 50000 and then dumb back again to 20000 and this may repeat a number of times in these years.
The next bull market will definitely come after the halving however I am not so sure we are going to see the price of bitcoin pumping so high, the longer the price of bitcoin remains on the low side the greater the disappointment of those which had not plans of holding their bitcoin at all and which are doing so out of necessity, then at some point they will reach their limit and they will sell their coins for a loss, those people are the ones which limit the upside of bitcoin during the bear market and which will sell their coins as soon as a small recovery is underway.
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Mpamaegbu
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July 24, 2022, 02:27:28 PM |
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Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k.
Wow! You predicted Bitcoin rise last year? That's great. Anyway, I guess such prediction of yours wasn't done here seeing your account was registered in September or the prediction wasn't done with this account? Otherwise, I would've asked for you to send us the link to where you made that prediction. Again, I think you're merely chasing clout. If you saw tomorrow last year, it's obvious you can still consult your crystal ball again instead of asking random users here. Well, let me give you my take on when I think price may go bullish again. I'm looking at the last quarters of the year and I believe November will be a great month for that.
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kryptqnick
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July 24, 2022, 02:47:38 PM |
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I agree with Upgrade00 about the long-term price prediction and that the long-term prospect matters more and is more predictable than short-term events. Even 20x from the current price is IMO quite realistic if we're talking about years into the future. As for the nearest time when Bitcoin will manage to recover, I think there's still plenty of time till the end of this year. Of course, it might not recover in the upcoming months, but it's not like it would be very out of the ordinary if it does.
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smartaction
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July 24, 2022, 03:12:50 PM |
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In the short term, no one can give an accurate prediction to what direction the market would take with any precision; it's just a gamble.
In the longer term, I can speculate that Bitcoin would be much higher than it is now, within the next 1-10 year time period. The price increase could be a 5×, 10×, 20× or more from now (I prefer to be conservative with my speculations). This long term potential for growth is what investors should target, and you will be bothered less by short term volatility.
I agree with you. it is possible for bitcoin to increase 5x to more then 20x in next 1-10 year. if someone want to invest on Bitcoin then he/she must understand this and her investment must be for 1-5 year minimum for get a huge amount of profit. in shot time possible to gain huge profit in cryptocurrency but it is not possible in bitcoin it can happen in altcoins
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bestcoins1
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July 24, 2022, 03:40:15 PM |
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Yes, also very optimistic with BTC. Everything that happens is really just a fantasy for you. We are clearly seeing a bad situation in this market, and BTC has also fallen quite a bit from the record it has made. Although I also strongly believe in the future that things will go up a lot, honestly thinking about the momentum at the end of this year that things will go up quickly, I don't think it's convincing.
It looks unconvincing, but by the end of the year there is more demand for Bitcoin. Then the price increase will be much easier to happen and so far I personally am still very optimistic about Bitcoin. Because I believe there are still many people who like Bitcoin and some people are also still happy to take advantage of the current moment to get more Bitcoin in order to achieve greater profits in the future.
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theCommittalist
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July 24, 2022, 04:10:26 PM Last edit: July 25, 2022, 01:30:04 PM by theCommittalist |
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The next five months will see BTC approach a new ATH. Next year and the year after that we will see 100k$ maybe 200k$ Bitcoin, I bet all of my forum clout on it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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teosanru
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July 24, 2022, 08:11:07 PM |
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Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k. Bitcoin added about 72% of its value as it increased drastically before it eventually started falling back in May till September. I don’t really know how this year is going to turn out now because of the present dip. But I just hope it increases, that’s why I’ve been advising so many people to hold their Bitcoins and even buy more now cause it will surely rise again.
It definitely will increase once by the end of this year. I am not saying it will break the all time high once again because that is highly unlikely considering the market scenario right now. But it will rise upto the average of 40-45k for once before it decides whether it is going to fall back again or rise back once again higher. I think about the all time high we are not going to see one until the next halving for sure. We'll see one only after the halving is over now.
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Anonylz
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July 24, 2022, 08:50:31 PM |
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Perhaps the reason you get lucky with your prediction was that btc bull circle was already around the corner. If you say rise before the end of the year, I would say high probability but rising above the previous ath, most likely not. There is no doubt btc will rise before the end of the year after several months of dipping, it is not possible for btc to remain down throughout this year.
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Osteoid
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July 26, 2022, 11:28:56 AM |
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This year is probably different from last year because the time when bitcoin's value halved has already passed; historically, a bull run always follows one year later. The likelihood is slim unless a miracle occurs and the reason unexpectedly causes the price to rise again quickly in a matter of a week or a month since we no longer have that reason. In a market where anything is possible, the price of bitcoin occasionally gives us a pleasant surprise when we least expect it.
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dlightag
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July 26, 2022, 02:13:27 PM |
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Bitcoin is a digital assets that many companies and Individual uses as a daily transaction payment of goods and service, which bitcoin has a very high volatility in the cryptocurrency market where traders and investors play there own rules which service as a financial freedom as the case may be. Therefore Bitcoin price can not be predicted, but have one thing in mind bitcoin we raise more than previous price in the ecosystem and is time to invest more, buy and Hold for a long term.
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theCommittalist
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July 26, 2022, 03:48:42 PM |
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Bitcoin is a digital assets that many companies and Individual uses as a daily transaction payment of goods and service, which bitcoin has a very high volatility in the cryptocurrency market where traders and investors play there own rules which service as a financial freedom as the case may be. Therefore Bitcoin price can not be predicted, but have one thing in mind bitcoin we raise more than previous price in the ecosystem and is time to invest more, buy and Hold for a long term.
Far too many of the contributors on here, unlike dlightag it must be said, seem to me to be falling for the quite transparent FUD coming from mainstream media especially over the last year or two. I understand, it is relentless & everywhere, you might be young & uncertain & those miserable old bastards are preying on your naivety. BUT do yourselves & your community a favour. Have a look at the original white paper Satoshi wrote proposing the protocol https://nakamotoinstitute.org/bitcoin/ & do some research around early development along with the story so far. There is a reason that this cryptocurrency stands out for practical use in the real world & it is to do with decentralisation. And learn to accept that the educational establishment & mainstream media are not about making everything better for everyone. It/they are about self preservation. Rooted in the status quo, anything presenting the possibility of radical change is censured. There is also the element of scientific falsification, where a theory or proposal is thoroughly refuted from every possible angle to see if it can withstand. Think of it as testing for faults. In short, as a Bitcoiner you're a future-boy/girl & as someone pretty famous might have once said: it is a lonely position being the bearer of new ideas. You have stepped out of the cave now, you have seen the real thing, seen through the shadows on the wall. They are trying to kill you for it, but stand firm grasshopper. They are only shadows ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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harapan
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July 26, 2022, 05:19:07 PM |
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I think bitcoin would definitely rise before the years end. We’ve already witnessed the huge drop in the price of bitcoin and now, we’re seeing the steady climb it’s making back to its original price. Whether or not it would rise isn’t the question, the question is how fast would it rise back to its peak and when it would probably top it’s current peak price. I think with the adoption of bitcoin increasing exponentially worldwide, the price may very well increase and top its current level.
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amishmanish
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July 26, 2022, 07:09:37 PM |
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This time it all depend on various factors including global market crashes, possible recession, Wars like Ukraine-Russia war, Monkey pox spread in future and many others. But yes in long term I am sure it will rise as the bitcoin holds all the qualities of a future currency, and as its acceptancy will rise so will its value
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BITCOIN4X
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July 26, 2022, 08:02:49 PM |
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If we consider the entire history of the Bitcoin market, we can see that Bitcoin has increased slightly towards the end of the year.But I also believe Bitcoin will grow by the end of the year.If Bitcoin is currently dumping a lot, this market looks like Bitcoin will pump maximum and set new records either this year or next year.But Bitcoin will definitely grow by the end of the year. I can imagine that a bitcoin price hike before the end of the year is possible, but I'm not thinking about ATH because it's something that requires high demand. The price could be higher than $30K, but it could also be lower than $20K and we can't say for sure. I can only advise you to stay prepared for any situation before the end of the year because basically the market will still face FUD. If you want to invest, then prepare your capital.
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Fatunad
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July 26, 2022, 09:40:05 PM |
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If we consider the entire history of the Bitcoin market, we can see that Bitcoin has increased slightly towards the end of the year.But I also believe Bitcoin will grow by the end of the year.If Bitcoin is currently dumping a lot, this market looks like Bitcoin will pump maximum and set new records either this year or next year.But Bitcoin will definitely grow by the end of the year. I can imagine that a bitcoin price hike before the end of the year is possible, but I'm not thinking about ATH because it's something that requires high demand. The price could be higher than $30K, but it could also be lower than $20K and we can't say for sure. I can only advise you to stay prepared for any situation before the end of the year because basically the market will still face FUD. If you want to invest, then prepare your capital. Whenever the end of the months of every year then we do always have that assumption that price could really be moving on these times without even thinking on the past on how the market behaves which neither it could really be making out some big movement or would just simply be ending up on quiet and not so volatile times and the price is really just remaining on certain levels.Its true that it cant really be that predictable but we do have lots of experiences and awareness about past events and happenings on crypto space which you cant really able to tell whether there's an absolute movement in price in every end of the year but lets just hope for the best specially into those people who had entered on cheaper prices.
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digitalgame4life
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July 26, 2022, 11:47:48 PM |
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Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k. Bitcoin added about 72% of its value as it increased drastically before it eventually started falling back in May till September. I don’t really know how this year is going to turn out now because of the present dip. But I just hope it increases, that’s why I’ve been advising so many people to hold their Bitcoins and even buy more now cause it will surely rise again.
Time is a flat circle and BTC in the long term (1-10 years) will be absolutely scarce and worth more, specially now with CBDCs coming Bitcoin has a strong position, I think BTC will be a hedge against everything in the world and will give you freedom.
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Rigon
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July 26, 2022, 11:52:22 PM |
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We all know that before the end of the year, Bitcoin price increases a little bit.If we look at the Bitcoin price chart every year, we will see the Bitcoin growth tie at the end of the year.There is a high probability that Bitcoin will increase by the end of the year and you can check it out and invest.But by the end of the year, the price of Bitcoin will certainly increase.
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harapan
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July 27, 2022, 07:29:55 AM |
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This time it all depend on various factors including global market crashes, possible recession, Wars like Ukraine-Russia war, Monkey pox spread in future and many others. But yes in long term I am sure it will rise as the bitcoin holds all the qualities of a future currency, and as its acceptancy will rise so will its value
Anything that’s generally given and accepted can very well be described as money as one of the main characteristic of money is acceptability which bitcoin is gaining slowly and steadily. Bitcoin now is facing lots of challenges from individuals and government entities alike but it has withstood all the challenges from the past years and risen and it would only get better. As more people realize the use of bitcoin and adapts it’s use, it would definitely have its value increase. Hopefully, in the long run, we would see the price increase as more people adapt its use
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Derbind
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July 27, 2022, 10:08:11 AM |
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It is hard to predict the future of bitcoin at this stage. Throughout this year, bitcoin has experienced both rise and falls. Now it is recovering. However, with the movement throughout the year one can predict that bitcoin will take some more time to recover fully.
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Isoprofit
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July 27, 2022, 10:14:34 AM |
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Bitcoin is experiencing a lot of ups and downs throughout the year. It is a part of the market. However, it is hard to predict what will be the scenario at the end of the year. Though I am optimistic that the market will correct itself.
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