What’s going to make Bitcoin turn from a downward to an upward trend?

[Superdoctor]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

[Jet Cash]

Time, just be patient.

[dimonstration]

If there’s really definite answer I think the price should on bullrun now because everybody wants a bullrun and even a simple is the solution is still very hard to do because we have different perspective on how we will do our investment. I doubt that the video contains the accurate answer.

Simply all us buying together and never sell will answer your question and doesn’t need a complex analysis to come up with a good strategy to have a reversal trend.  

[Taskford]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see  bitcoin remain at the low price  but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

[piebeyb]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

I call it a 4 year cycle which I always discuss in this thread Bitcoin price with a 4 year cycle? it would be nice if you read also the opinion of all the communities in that thread to see how they have their own point of view on the cycle, this year indeed we are in a bear market and i always say price will not go below $15k or $10k , because i know the price will not be far from the $20k mark when you see the price drop below $19k it will come back up again near $20k, so it will continue to wait for the right time to recover and really enter a bull market to be precise next year

[cheezcarls]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see  bitcoin remain at the low price  but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

Kinda agree though. But I don’t think it will work that easily as of this time. Elon Musk hype is over and cannot be revived. It was short lived. We just simply do not know what kind of hype would that be this time around if we wanted Bitcoin to go to the moon again.

Probably the next Bitcoin halving? Although no guarantees or promises that the pump after Bitcoin halving will happen, the best time to prepare is when things go quiet like what we have today.

[spectre71]

It's easy, it pretty much follows the markets.

Allot of bad news still to come, probably another 75 basis points in Nov. Housing crash, a bank failure or two, some exchange drama and all. When the bad things are over, then.

Predictions, hope, wants, needs and big shot and nobody Youtubes mean nothing and mostly wrong.

Buy on bad news sell on hope-n-fomo....

[burugcrypto]

Hype can keep the price high only for certain time.

Acceptability and usability should be increased. Its the permanent solution.

Either big corporates or atleast one developed country should start accepting bitcoin as a payment

[BlackHatCoiner]

I'd advice you to not look on social media when it comes to bitcoin. There's absolutely no way to time the market if you're not a broker or another company that owns valuable data that can help you make some judgements in the short term. And believe me, this kind of data isn't worth zero to be shared in places like YouTube, Instagram, Facebook and TikTok. Pretty much the opposite; it's worth a lot.

TLDR: Trust nobody. Opinions are like assholes. No guru wants your good.

[SquirrelJulietGarden]

Block halving and its total supply 21M are ones you should care about. Others you read, watch or hear, they are not important and are not real reasons for Bitcoin price increases when it happen.

Bitcoin will turn from downward to upward when whales test and find that most of weak hands are out and they (whales) can control the market. They will start to pump it with news that you will believe in. In fact those news released when price is up or down is not real reason. Reason is whether it is a time for whales to pump or dump the market.

[TribalBob]

people can think anything about bitcoin, predict any price, but all need patience to achieve it all, my advice is to avoid the media for now because there is too much negative news for bitcoin,

[buwaytress]

Hype people need this because if there's no hype which can create a sudden increase of demand maybe we can see  bitcoin remain at the low price  but if hype build up in the ecosystem for sure there's good action that will happen and for sure many would like to see when price of it will increase more.

No, we don't. Speculators need hype but I'm really keen on the slow grind, building value on strengthening fundamentals. You can't "build up in the ecosystem" on hype, really. Look at El Salvador and where that's got them.

Besides, the altcoin markets are readily available if you're looking for hype. Plenty of that poured on generously every waking moment.

[Rruchi man]

If we had an exact idea of what we can do to make the price of bitcoin go up quickly, I am sure we will be doing it already.

Time, just be patient.

True! and even when bitcoin starts going up...don't get too comfortable thinking that it will never go back down again. There will always be upward and downward movement until somehow the price becomes stable. We all just have to be patient and dedicated to bitcoins, time is just all it will take.

[livingfree]

Time, just be patient.

I agree.

It is going to be a matter of time. Halving, economic recovery and other factors that will affect bitcoin's price.

That is why, do not panic if you do not like what you are seeing for now because it will change soon.

[Doan9269]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again

Anything aside tge demand and supply for bitcoin which serve as the major determinant, but have you also forgotten that bitcoin is volatile and volatility is not a one sided effect, it's both for the rise and fall in bitcoin price and all you need is to have a good knowledge of when to oush in for either buying ir selling and most importantly if you are investigating, you must learn to be patient enough to hodl.

[kryptqnick]

I don't think halving's got much to do with it, or that any real major event is needed for a bull market to start. What IMO matters more is media coverage. If something even small is widely covered in a way that triggers FOMO, people are likely to start buying more of BTC, get excited, increase the demand, ensure the growth of the price. It can be a country introducing favourable crypto regulations, some financial expert saying something positive about Bitcoin, some company starting to accept Bitcoin as payment. Sometimes things like that go without notice, but other times they grab attention and trigger something. I think the same, pretty much, goes for downward trends.

[CryptoHeadlineNews]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

For me, I see no big difference with what he just said in the video above, because its actually not new as we have heard stories like this countless number of times. People will always have what to say when Bitcoin move towards a certain direction, just like the above statement, because we have actually been in a down trend for quite a long while, of which there is every tendency for someone suggesting a further down fall. So for me, the best thing is to just be patient while we hope for an upward movement as its price break the $20k resistance up🚀

[goldkingcoiner]

You newbies should refrain from panicking over every dip. I understand Bitcoin volatility is something new to you guys but do not flip-flop your trades until you made gigantic losses from either missing the pumps or grinding down your funds with trading fees. Its never worth it to panic. Be strong.

Posting topics like this one might give you the false impression that we somehow know what the price will be better than most people, or perhaps you want to crowd-source the most probable price prediction. But at this does is make you more worried and make others more worried as well.

Whales use this against you to buy your coins at unfairly cheap prices.

[Mahanton]

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for what’s going to make it turn to an upward trend again. I think this is the most accurate answer I’ve gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

We do need recognition
We do need adoption
We do need demand
We do need positive news/fundamentals

Just like the rest been saying that we should really be patient.We dont know on where this market would be heading
but at least we've seen the potential on where it would be going.
Patience is really been tested on these times where long bear markets could really give us some doubt.

[EdenHazard]

The last time we move from $3,000 to $20,000 it was due the crisis , virus crisis and someone like elon musk come ... making a chaos through his tweets , yes just a couple tweets and some his company movements involving bitcoin , from that time the price skyrocketing and oh yeah a 4 year event halving.

So whenever we have got those instruments back , which many predicted will come later at the end of 2024 or so.