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Author Topic: Will BTC reach 45k before this year ends.  (Read 7944 times)
StreakW
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November 10, 2022, 11:51:48 AM
 #201

I think until the end of this year the bitcoin price will be difficult to reach $45k because the bearish phase is not completely over. Moreover, throughout this year the crypto market did not show a good performance where the price of bitcoin was still declining. However, it is possible that next year the price of bitcoin may reach $45k again. Therefore let's see how far the market will move forward.
This could be true because indeed looking at the market this year it seems that bitcoin is a little difficult after they reach a new ATH so we have to wait a little longer it seems.
But indeed there are still some possibilities that will happen because this is only the beginning of the 10th month and there are still 2 months left until the end of the year so there are always possibilities even though it seems difficult to increase significantly to the price.
It's been 11 months this year but the crypto market has not shown any signs of starting to pick up, as traders are still selling steadily. Although there are still 2 months left, it seems that bullish sentiment is difficult for bitcoin. Therefore, looking forward to the rest of the year, let's see how the outlook for bitcoin's price moves through the end of 2022.

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November 10, 2022, 09:55:03 PM
 #202

And with the recent setbacks that we have seen, not due to bitcoin though, it's from some obscure exchange and shitcoin who thinks that they can take over the market, with billions on their name. But it just collapses like the Terra luna drama back in June if I'm not mistaken.

So with that, I don't see the price hitting $45k at the end of the month. We have a target like around $25k, that will be the best estimates prior to FTX. But now it seems that this price is also out of range, maybe we could appreciate if the price hits around $20k this December.

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November 10, 2022, 09:59:30 PM
 #203

I think until the end of this year the bitcoin price will be difficult to reach $45k because the bearish phase is not completely over. Moreover, throughout this year the crypto market did not show a good performance where the price of bitcoin was still declining. However, it is possible that next year the price of bitcoin may reach $45k again. Therefore let's see how far the market will move forward.
This could be true because indeed looking at the market this year it seems that bitcoin is a little difficult after they reach a new ATH so we have to wait a little longer it seems.
But indeed there are still some possibilities that will happen because this is only the beginning of the 10th month and there are still 2 months left until the end of the year so there are always possibilities even though it seems difficult to increase significantly to the price.
It's been 11 months this year but the crypto market has not shown any signs of starting to pick up, as traders are still selling steadily. Although there are still 2 months left, it seems that bullish sentiment is difficult for bitcoin. Therefore, looking forward to the rest of the year, let's see how the outlook for bitcoin's price moves through the end of 2022.
Get used to it whether it would be taking so long or not, there no way that we could able to determine on how long a bear market or bullish market will really last and this is
what makes thing more difficult.When you do invest on this crypto space then you should really make yourself that prepared when it comes to this.You cant really
that confident when it comes to prediction of prices and every entry or buyback will really be accompanying such anxiety deep inside.
For this year end then it would really be that hard to predict if we would reach that price.It is really just too far off and we do need some positive
news which would be a catalyst for such increase.

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November 11, 2022, 10:44:12 AM
 #204

5 days ago when the price reached more than $21 made me optimistic that bitcoin could touch $45k this year, unfortunately there was a big case that FTX made the market have to plunge and yesterday it touched its lowest position for the last 2 years which is $16k, even according to predictions many price experts have the opportunity to continue plunging below $12k in the case of FTX like LUNA.
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November 11, 2022, 09:21:05 PM
 #205

5 days ago when the price reached more than $21 made me optimistic that bitcoin could touch $45k this year, unfortunately there was a big case that FTX made the market have to plunge and yesterday it touched its lowest position for the last 2 years which is $16k, even according to predictions many price experts have the opportunity to continue plunging below $12k in the case of FTX like LUNA.
Maybe the very normal 10-12k area will be reached if the market continues to decline due to the panic from the FTX case, I have reviewed many speculators predicting the market will drop lower but we must be optimistic that after the case has subsided we enter the high price recovery stage and hope on the beginning of next year is the end of the bearish period that has happened so far and of course everyone is looking forward to a recovery and bullish period in the future.

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