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Author Topic: Bitcoin is about to have its biggest monthly gain since October 2021.  (Read 545 times)
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October 07, 2022, 02:19:13 PM
 #41

I am optimistic that the bitcoin price will not drop to the $17k area and even stabilize above $20k until the end of this year.
I'm also optimistic and looking at that part that we've seen already the lowest for this entire cycle and for the next months, it'll be like a slow walking uphill again back close to ATHs that we've met down here.
Although until now no one can predict with certainty the price of bitcoin in the future. However, some analysts are optimistic that bitcoin prices will rise again next year, although it will take several months. Therefore, in the current market situation, it is hoped that we do not need to panic and remain calm to set up an investment strategy because the market conditions are not yet stable.

the price is falling a lot due to the world crisis that is having thanks to the war in ukraine, even if someone is not an expert can see that in times of financial crisis people do not invest money in high risk assets especially when it comes to a crisis generated by a war in which several richer countries are also involved in the conflict and the war is far from having its end so people are already aware that they need to withdraw money and save it and then watch when and when the crisis will end, just if ask: who in ukraine will be worried about buying bitcoin instead of taking everything they can and hiding in a safe place? how many people from russia are managing to circumvent the sanctions? the prices of all food products went up a lot and the price of fuel in my country and in other countries also went up a lot because of this crisis. probably next year we will be in a bad situation if the war doesn't end

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October 07, 2022, 02:40:22 PM
 #42

Although until now no one can predict with certainty the price of bitcoin in the future. However, some analysts are optimistic that bitcoin prices will rise again next year, although it will take several months. Therefore, in the current market situation, it is hoped that we do not need to panic and remain calm to set up an investment strategy because the market conditions are not yet stable.
Right now it is not about panic that everyone needs to think about although the certainty of the price increase in Bitcoin is not known when accurately. But what people who still believe in Bitcoin need to implement at this time is to get more Bitcoin at a lower price. Because it is part of the strategy to profit when the price increase again occurs in Bitcoin later. I personally still strongly believe that Bitcoin can still increase very well, although for now it is not at all seen in Bitcoin.

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October 07, 2022, 03:27:30 PM
 #43

the price is falling a lot due to the world crisis that is having thanks to the war in ukraine,
You are right, the economic crisis and inflation that hit the world today have disrupted many investment sectors. Bitcoin is no exception, bitcoin price has dropped although it hasn't dropped to a low of over $17K so far. I'm not sure where this year's low is, but of course gains can always be expected so the post ATH loss percentage can be corrected.

Going forward, bitcoin still has the potential to please its long-term holders especially if they are currently buying in bulk. The next halving will occur in the next few years, and that will lead many to believe that the market will recover and hit ATH again. The consequence now is to be extra patient and buy whatever we can, this will definitely be profitable and profitable.

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October 08, 2022, 03:26:34 PM
 #44

The great potential of Bitcoin is that more countries legalize so that it will be very valuable in the future, the amount of stock cannot be added so that what happens is to increase large demand and make prices skyrocketed quickly, the best we do is be patient for hold bitcoin.
As long as trading and investment are not prohibited by many countries, then bitcoin will still have the potential to get a high price. I know bitcoin is a currency that is expected to be adopted as legal tender in many countries, but I don't think that's the only reason why bitcoin has potential.

I have no doubts about bitcoin, neither should you. Bitcoin has proven so much to the world that many people are starting to think it is a better investment asset than gold and others. If you are confident about the future of bitcoin, then you should have it in your investment portfolio from now on.

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October 08, 2022, 06:55:38 PM
 #45

the price is falling a lot due to the world crisis that is having thanks to the war in ukraine,
You are right, the economic crisis and inflation that hit the world today have disrupted many investment sectors. Bitcoin is no exception, bitcoin price has dropped although it hasn't dropped to a low of over $17K so far. I'm not sure where this year's low is, but of course gains can always be expected so the post ATH loss percentage can be corrected.

Going forward, bitcoin still has the potential to please its long-term holders especially if they are currently buying in bulk. The next halving will occur in the next few years, and that will lead many to believe that the market will recover and hit ATH again. The consequence now is to be extra patient and buy whatever we can, this will definitely be profitable and profitable.
.

The great potential of Bitcoin is that more countries legalize so that it will be very valuable in the future, the amount of stock cannot be added so that what happens is to increase large demand and make prices skyrocketed quickly, the best we do is be patient for hold bitcoin.

Well the potential is already there, even if there are countries not legalizing it. As long as there are traders and investors more willing to pour their money on the market, then no doubt that the price will continue to rise due to the demand.

Although this is a bear market, it's not the end of it all. After bitcoin block halving, expect the price to soar again and reaches all time high in 2024-2025.
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October 08, 2022, 08:16:45 PM
 #46

the price is falling a lot due to the world crisis that is having thanks to the war in ukraine,
You are right, the economic crisis and inflation that hit the world today have disrupted many investment sectors. Bitcoin is no exception, bitcoin price has dropped although it hasn't dropped to a low of over $17K so far. I'm not sure where this year's low is, but of course gains can always be expected so the post ATH loss percentage can be corrected.

Going forward, bitcoin still has the potential to please its long-term holders especially if they are currently buying in bulk. The next halving will occur in the next few years, and that will lead many to believe that the market will recover and hit ATH again. The consequence now is to be extra patient and buy whatever we can, this will definitely be profitable and profitable.
.

The great potential of Bitcoin is that more countries legalize so that it will be very valuable in the future, the amount of stock cannot be added so that what happens is to increase large demand and make prices skyrocketed quickly, the best we do is be patient for hold bitcoin.

Well the potential is already there, even if there are countries not legalizing it. As long as there are traders and investors more willing to pour their money on the market, then no doubt that the price will continue to rise due to the demand.

Although this is a bear market, it's not the end of it all. After bitcoin block halving, expect the price to soar again and reaches all time high in 2024-2025.

Although today there are still countries that have not legalized Bitcoin, but this cannot stop the rapid development of Bitcoin. Even the demand
for Bitcoin continues to increase, that's because traders or investors who come from countries that consider Bitcoin illegal still have ways to invest
in Bitcoin. This means that people who buy Bitcoin are not only from people who come from countries whose governments legalize Bitcoin,
but nowadays quite a lot of people living in countries that think Bitcoin is illegal can buy Bitcoins.

That's what makes Bitcoin tend to rise in price, especially the limited supply of Bitcoin, which will make Bitcoin more expensive in the future.
Especially after the Bitcoin halving occurs it will make the Bitcoin pump price very high and can reach new ATH. So now in a bear market situation,
we should use it to collect as much Bitcoin as possible. Because it is very likely that in 2024/2025 the price of Bitcoin will reach new ATH,
so we can make big profits, if we already have a large amount of Bitcoin.

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October 11, 2022, 10:42:22 AM
 #47

Although today there are still countries that have not legalized Bitcoin, but this cannot stop the rapid development of Bitcoin. Even the demand
for Bitcoin continues to increase, that's because traders or investors who come from countries that consider Bitcoin illegal still have ways to invest
in Bitcoin. This means that people who buy Bitcoin are not only from people who come from countries whose governments legalize Bitcoin,
but nowadays quite a lot of people living in countries that think Bitcoin is illegal can buy Bitcoins.
There aren't that many nations which hasn't legalized bitcoin, and none that I know of at the top of the economic rankings. Which means all of the big nations already accept it as a good thing and allow people to trade it.

The scarcity of bitcoin is a great thing that will make it go up even more, because there are a lot of bitcoins already gone, a lot of them hold long term by funds, and a lot of them are not even on the trading block. Which means that we have a very limited number of bitcoins being traded every day, back and forth, which makes it volatile and it both increases and decreases in a volatile manner because of this situation.

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October 16, 2022, 11:26:41 PM
 #48

Although today there are still countries that have not legalized Bitcoin, but this cannot stop the rapid development of Bitcoin. Even the demand
for Bitcoin continues to increase, that's because traders or investors who come from countries that consider Bitcoin illegal still have ways to invest
in Bitcoin. This means that people who buy Bitcoin are not only from people who come from countries whose governments legalize Bitcoin,
but nowadays quite a lot of people living in countries that think Bitcoin is illegal can buy Bitcoins.
There aren't that many nations which hasn't legalized bitcoin, and none that I know of at the top of the economic rankings. Which means all of the big nations already accept it as a good thing and allow people to trade it.

Yes, and if I'm not mistaken, bitcoin is more attracted to economy that is still growing or developing, just like most in Asia and in Africa and part of Central and Latin America wherein we see a lot of adoptions recently. But developed nations like US I would say is in the gray area, but it doesn't mean they are against it, they just want regulations.

The scarcity of bitcoin is a great thing that will make it go up even more, because there are a lot of bitcoins already gone, a lot of them hold long term by funds, and a lot of them are not even on the trading block. Which means that we have a very limited number of bitcoins being traded every day, back and forth, which makes it volatile and it both increases and decreases in a volatile manner because of this situation.

Scarcity and demand, that is two factors that will make the price go up in the future. Just imagine in the next bitcoin halving, after that we will see another growth as everyone is going to fight because it reduces the rate at which new coins are "minted". And so with that, the demand will skyrocketed.

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