Will the price of bitcoin rise again?

[retreat]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand.  In short, there are more people selling the people buying.  But don't worry because the market sentiment isn't permanent.  It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens.  And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.

out there, there are still many people who are skeptical of the bitcoin price and think that the current bitcoin price is permanent and is unlikely to rise again. that is a wrong assumption because the bitcoin market is a very volatile market, and prices are not permanent. currently purchasing power is still decreasing along with the unstable world economy, in a few years when purchasing power strengthens then we will definitely see bitcoin prices soar again.

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[judaspriest]

if you are patient then the answer is Yes bitcoin price will rise again, but if you cut lose of course it will not happen to you,
currently the crypto market is still in bearish season so don't expect it to go up again.so just hold on and forget this bearish,
it will definitely rise at the right time, maybe after Q3 ends and runs in Q4 then we will know the answer

[Epaper]

I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.

[wmaurik]

I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.

There will indeed be more price increases but everyone needs to be patient to see the price increase happen because now the downtrend is still continuing so everyone can still see Bitcoin price at $20K even less than it is now. I'm also waiting for an increase to happen again and am still patiently holding onto whatever I deem important for now and that includes Bitcoin.

[Fara Chan]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

There is definitely an increase and decrease in every bitcoin trip, try checking the bitcoin cycle in the previous four years, may you will get an answer from the process of increased or decreasing that is happening now, Questions you give, because there will be a stage as well as the process of every bitcoin trip

[zaki12]

I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.

The price of bitcoin and the majority of crypto is at a new low, so I think that even if the price goes up a little, it will fall even deeper. It is still risky to hold long than to hold short.
Bitcoin always has great potential to rise again, I predict that bitcoin will strengthen again in late 2024 or early 2025.

[wmaurik]

I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.

I still believe in a bull market and bulls in Bitcoin although I don't know for sure when that will happen. But during this period of downturn I was only able to enjoy modest market conditions while making purchases to the best of my ability because being too pushy to buy is also not a good option because everyone needs to plan purchases without disrupting their financial cycles in life.

The price of bitcoin and the majority of crypto is at a new low, so I think that even if the price goes up a little, it will fall even deeper. It is still risky to hold long than to hold short.
Bitcoin always has great potential to rise again, I predict that bitcoin will strengthen again in late 2024 or early 2025.

If your prediction is so, try to buy Bitcoin from now on and learn to be patient and hold it for a long time because it is the best option for everyone who wants more profits.
So the option to hold in the short term I don't think is a good option for Bitcoin, but it will be a different story if it is for altcoins which may not have good potential when compared to Bitcoin.

[Kadal Ijo]

The price of bitcoin will go up and down and this is normal, it becomes a good opportunity if we make bitcoin for daily trading, many people can profit up to thousands of dollars in a week or even less because of trading in binance or other exchanges. But if we focus long -term then buying and hold is also a good choice.

[onecall123]

In this zone, Bitcoin appears to be creating a very strong support since we're holding 20k. A nice run may be in store if this thing continues to hold. Also It would be delusional to hope for a rally before a long time. It is unlikely that 30k will be reached until next year and there is no chance that 40k will be reached until then. Even more, I believe. Until we get out of the economic crisis, crypto won't rise.

[Republikcoin.com]

The price of bitcoin will go up and down and this is normal, it becomes a good opportunity if we make bitcoin for daily trading, many people can profit up to thousands of dollars in a week or even less because of trading in binance or other exchanges. But if we focus long -term then buying and hold is also a good choice.

If it's just for trading, I don't think it should be on Binance even though it's a very good exchange as well as good. Because if it's about Bitcoin with volatile price conditions at the moment, then there's no need to take more risk if you're just chasing daily gains which generally won't be that much. But just buy as much Bitcoin as you can and hold it in until you find the best price for you to resell into the market. I am sure that you will get a more satisfying profit.

[Viscore]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

Bitcoin will never have a fixed value and it’s price movement won’t keep moving up but is also expected to fall back, that’s how volatile bitcoin is. And I don’t think we’re now entering a bull market since afaik, the long bear market stays still. However, bitcoin price will start to increase if we start seeing positive events in the market that will influence bitcoin price to start skyrocketing.

[STT]

BTC is a relatively volatile asset but even here we need the price action on the graph to give us some indication of possible gains to estimate as much.   It would be highly unusual if BTC did not attempt higher at least within the range upto 30k.   A large part of why BTC is quite restricted now is down to external events, quite a large change in direction from macro economic news such as Central bank policy, this does matter at least in the short term such as a year we can easily stay down for these months still.



2nd touch of a weekly average in a few days is about the most positive thing we have just now.   This price is lower then the prior peak but the quick recurrance of the price vs the average gives us some hope we can attempt higher.   Target upside is about 21k there, a quite humble target but thats how we estimate strength, 1 rung at a time on the ladder and we climb or we slip thats what Im watching.

[sayaya17]

In this zone, Bitcoin appears to be creating a very strong support since we're holding 20k. A nice run may be in store if this thing continues to hold. Also It would be delusional to hope for a rally before a long time. It is unlikely that 30k will be reached until next year and there is no chance that 40k will be reached until then. Even more, I believe. Until we get out of the economic crisis, crypto won't rise.

With a situation where the world is not doing well, where the whole world is experiencing an economic crisis, it has at least had an effect
on the crypto market. Now quite a lot of people are having difficulty meeting their daily needs, because the prices of basic necessities are increasing.
So this makes many people no longer have extra money to buy Bitcoin, that's one of the reasons why Bitcoin prices are difficult to recover.
Especially with what happened to LUNA this year, making newbies afraid of investing in crypto. So as you said it is likely that until the end of
the year the price of Bitcoin will not increase, we seem to have to be more patient holding Bitcoin much longer. But we don't have to worry,
because in the end Bitcoin will definitely recover and the price will go up again, but probably not this year. It's better if we just focus on collecting
Bitcoin for now and holding Bitcoin until the bull market comes.

[GeorgeJohn]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

I don't see the market being in a Bull now unless it's still in a Bear condition. So there are no special things that I can explain to you now for you to understand further. I think you don't need to be worried about the decline that is still happening in Bitcoin because the increase in the price of Bitcoin is still possible to happen again although it is still very difficult to know in detail when it will happen

The market of cryptocurrency always come unexpectedly, because i noticed that cryptocurrency is the kind of currency that nobody knows when the bullrun will manifest and when the bearish market will manifest also. So our concentration is that when will Bitcoin rise and when is going to rise, the answer of the question actually is been determined by the demands of cryptocurrency market, because if the demand is higher than supply that we are sure that the possibility of the market accelerating to mega price is there.

[Ludmilla_rose1995]

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand.  In short, there are more people selling the people buying.  But don't worry because the market sentiment isn't permanent.  It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens.  And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.

that's the wheel of the economy, surely many investors are waiting for the best / right time to buy. Bitcoin is not a stable cryptocurrency and not a centralized asset, so market activity has a big role in price changes that occur in bitcoin. just keep an eye on the market price and don't leave just because the bitcoin price is down more than 50% of its ATH.

[wmaurik]

that's the wheel of the economy, surely many investors are waiting for the best / right time to buy. Bitcoin is not a stable cryptocurrency and not a centralized asset, so market activity has a big role in price changes that occur in bitcoin. just keep an eye on the market price and don't leave just because the bitcoin price is down more than 50% of its ATH.

Don't just watch if you don't act to buy on a downturn, because just monitoring won't change anything if one never intended to own a product like Bitcoin.
Now the world economy doesn't seem to be doing well so everyone has seen the market still so bloody and not showing the slightest sign of gradual improvement. And it has also taught everyone to be patient at this time

[Paul Pogba]

If you look at the current conditions of course many are pessimistic that bitcoin can rise again, but if we focus on long-term investments or at least 2 years then I suggest to put all investments in bitcoin, buy now for around $19k and in 2 years I'm sure bitcoin price can reach at least $75k.

[Wong Gendheng]

Yesterday I was worried that the price of Bitcoin would continue to fall and was happy to be able to rise again and return to the level of $ 19K, this proves that Bitcoin's chances of rising are very large, maybe to pass a higher level, of course it takes time but I'm optimistic that the price of Bitcoin in 2022 can return to $ 30k.

[Myleschetty]

If you look at the current conditions of course many are pessimistic that bitcoin can rise again, but if we focus on long-term investments or at least 2 years then I suggest to put all investments in bitcoin, buy now for around $19k and in 2 years I'm sure bitcoin price can reach at least $75k.

I believe the OP question should be a non-crypto enthusiast question because people are advised to always learn the fundamental characteristic of the Bitcoin market and from the fundamental characteristic, he will understand that we're in crypto market winter and matters like this will always happen until the winter market is over.
I believe the many that are pessimistic that bitcoin can rise again are unformed about Bitcoin market activities.

[South Park]

If you look at the current conditions of course many are pessimistic that bitcoin can rise again, but if we focus on long-term investments or at least 2 years then I suggest to put all investments in bitcoin, buy now for around $19k and in 2 years I'm sure bitcoin price can reach at least $75k.

I believe the OP question should be a non-crypto enthusiast question because people are advised to always learn the fundamental characteristic of the Bitcoin market and from the fundamental characteristic, he will understand that we're in crypto market winter and matters like this will always happen until the winter market is over.
I believe the many that are pessimistic that bitcoin can rise again are unformed about Bitcoin market activities.

Sometimes what happens is that even when you know something intellectually this doesn't mean that you're going to accept it emotionally, even if we know that we are in a crypto winter and that it is going to take some time for bitcoin to eventually recover, some people get desperate because they see that their investment is down and they do not see when this will change and the market conditions will improve, so they ask questions like this one in order to try to reassure themselves that the recovery they are expecting in the future will actually happen.