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Author Topic: BTC, more closer bullish days ahead.  (Read 922 times)
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November 04, 2022, 10:48:11 AM
 #21

We have been staying at very low levels for a long time, so the best guess we can say is that the worst has happened and that the next will be much better, or at least we will see more corrections in the near term.
The market has reached a state of equilibrium where everyone is satisfied with a price in the range of 18k to 23k, and therefore, in the normal situation, it is difficult to break these levels.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 04, 2022, 12:55:32 PM
 #22

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
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November 04, 2022, 01:40:42 PM
 #23

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
Bitcoin increases and decreases will always occur in the market. For example, now where Bitcoin is on the rise and has almost reached the price of $21K, but for the Bulls I also don't think it will happen this year even though it is still very possible for Bitcoin to continue to rise in the market until the price level is much better than now. And being patient waiting for the bulls to come on Bitcoin is the last resort for everyone in terms of survival and really sure to see the next bulls coming to Bitcoin.

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November 04, 2022, 08:55:22 PM
 #24

We have been staying at very low levels for a long time, so the best guess we can say is that the worst has happened and that the next will be much better, or at least we will see more corrections in the near term.
The market has reached a state of equilibrium where everyone is satisfied with a price in the range of 18k to 23k, and therefore, in the normal situation, it is difficult to break these levels.
We already had a lot of lows so far, that means we are going to probably do a lot better in the future. People need to realize that these big huge moves are like time bombs and they happen out of nowhere suddenly. Like when we were about 7k to 10k in 2020 and by the end it was 30k and a few months later it was 60k.

Same could be said about the crash, we didn't crash all the way from bottom 3.4k to 68k and then suddenly we crashed back to 20k as well. So that means we could have a huge unexpected big increase again, and it will definitely happen but we do not know when, the more time passes the closer we are getting there.

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November 04, 2022, 09:53:36 PM
 #25

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
Bullish trend will take time to come again, the recent pump is just another attempt for Bitcoin to make a new up trend but if failed to break the resistance again, then we can safely say that bear market is still strong. With Bitcoin reaching the price of $21k again, it should create more volume to break the resistance or else we will end this year at the lower price. Yes, patience are very important the next halving is about to come though we might see the bull trend before that halving.
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November 04, 2022, 09:55:20 PM
Last edit: November 04, 2022, 10:06:53 PM by TimeTeller
 #26

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
Bullish trend will take time to come again, the recent pump is just another attempt for Bitcoin to make a new up trend but if failed to break the resistance again, then we can safely say that bear market is still strong. With Bitcoin reaching the price of $21k again, it should create more volume to break the resistance or else we will end this year at the lower price. Yes, patience are very important the next halving is about to come though we might see the bull trend before that halving.

If we will look at the big picture, more than likely, btc will experience the bullish market in the very near future.
This is because more and more people are getting into this market. So the chance of recovering is always there.
We may not see the bullish trend today, but the hope of seeing another ATH or another bullish season is very likely to happen.
This is what many people are anticipating to happen, which is reasonable enough as the scope of btc adoption is increasing.
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November 04, 2022, 11:03:43 PM
 #27

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
Bullish trend will take time to come again, the recent pump is just another attempt for Bitcoin to make a new up trend but if failed to break the resistance again, then we can safely say that bear market is still strong. With Bitcoin reaching the price of $21k again, it should create more volume to break the resistance or else we will end this year at the lower price. Yes, patience are very important the next halving is about to come though we might see the bull trend before that halving.

If we will look at the big picture, more than likely, btc will experience the bullish market in the very near future.
This is because more and more people are getting into this market. So the chance of recovering is always there.
We may not see the bullish trend today, but the hope of seeing another ATH or another bullish season is very likely to happen.
This is what many people are anticipating to happen, which is reasonable enough as the scope of btc adoption is increasing.
More people looking for an opportunity to make money as everyone are in need of additional earning to survive. The real bull trend won't happen soon. What we experience is some form of fluctuation that gets limited. The price that moved slowly from the range of crossing $20k have now crossed $21k. Maybe this can reach $23k to $25k. To experience the right bull trend we need to have patience.

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November 04, 2022, 11:09:48 PM
 #28

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
Bullish trend will take time to come again, the recent pump is just another attempt for Bitcoin to make a new up trend but if failed to break the resistance again, then we can safely say that bear market is still strong. With Bitcoin reaching the price of $21k again, it should create more volume to break the resistance or else we will end this year at the lower price. Yes, patience are very important the next halving is about to come though we might see the bull trend before that halving.

If we will look at the big picture, more than likely, btc will experience the bullish market in the very near future.
This is because more and more people are getting into this market. So the chance of recovering is always there.
We may not see the bullish trend today, but the hope of seeing another ATH or another bullish season is very likely to happen.
This is what many people are anticipating to happen, which is reasonable enough as the scope of btc adoption is increasing.
More people looking for an opportunity to make money as everyone are in need of additional earning to survive. The real bull trend won't happen soon. What we experience is some form of fluctuation that gets limited. The price that moved slowly from the range of crossing $20k have now crossed $21k. Maybe this can reach $23k to $25k. To experience the right bull trend we need to have patience.
It had been declined nor failed out on having break out on 23k price point which we can say that this is really a strong resistance which needs to be break where we could assume that we might be seeing 30k soon.

Im not really that too optimistic that we would be seeing bullish run anytime soon but of course everything does have the possibility.We cant really main on being bearish like forever.

But of course there would really be a time where everything will be rising up or in greens.This is why you should really be wise on making investment decisions
specially buying on a bear market.


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November 05, 2022, 07:12:09 PM
 #29

What do you think? Do you also see the BTC  promising price future am seeing irrespective of the great role volatility  plays in the market, and shouldn't be undermined as price can go south at any seconds or am I just the only one seeing it.
Bitcoin price started pumping today. The price is currently $21,292 in the conditions of the daily chart to be red. This means that the price of BTC continues to increase in November. I believe in early 2023 the price of Bitcoin will be in the range of $23k to $25k.
In recent months, the price of Bitcoin has tended to stabilize. Bitcoin price movement is slowly which makes me more optimistic which indicates a bullish market.
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November 05, 2022, 09:36:46 PM
 #30

I would say that bullish will come soon but not as closer as we think as it probably take years before the market had fully recovered from the dip. Because if you can just take a look back at the previous bear season, it never takes months or 1 year to recover but several years, mostly after halving. Even though we can't predict what is coming, the market hasn't yet shown significant signs of its recovery because what we see is more on the downside of the market.

Maybe I was wrong but I'd see this year and even early next year still we are in the bear side of the market.

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November 05, 2022, 09:45:13 PM
 #31

We have been staying at very low levels for a long time, so the best guess we can say is that the worst has happened and that the next will be much better, or at least we will see more corrections in the near term.
The market has reached a state of equilibrium where everyone is satisfied with a price in the range of 18k to 23k, and therefore, in the normal situation, it is difficult to break these levels.
There will always be a time for bullish after we experienced the bearish days, and I think that’s going to happen sooner. Bitcoin may have stayed bearish for the longest time, and i even think the worst may still going to happen until the bearish season stays so let’s prepare for that. But we know in the end, bitcoin will always settle for an impressive price, the thing that history always proves it and if history repeats, then we will all be profitable with bitcoin again in the future.

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November 05, 2022, 09:59:09 PM
 #32

Bullish does not seem to occur in 2022, this can be seen from the price chart that occurs, when prices rise there will be a large volume of transactions and originating from selling so that the price of dropping again, we must be patient and maybe in 2023 the price can be rise again.
This is just a preparation for the next bull run and yes, we might see it in 2023.
While many are still panicking because of the market situation, some are already doing their best to accumulate which I think is more better than to panic. We have seen this kind of trend before for many times, and its proven that in the next bull run, it will be more bigger and higher. The next resistance will be at the price of $23k, if we can hit that this year then early next year we will pump.

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November 05, 2022, 10:37:03 PM
 #33

What do you think? Do you also see the BTC  promising price future am seeing irrespective of the great role volatility  plays in the market, and shouldn't be undermined as price can go south at any seconds or am I just the only one seeing it.
Bitcoin price started pumping today. The price is currently $21,292 in the conditions of the daily chart to be red. This means that the price of BTC continues to increase in November. I believe in early 2023 the price of Bitcoin will be in the range of $23k to $25k.
In recent months, the price of Bitcoin has tended to stabilize. Bitcoin price movement is slowly which makes me more optimistic which indicates a bullish market.
Not every upward movement indicates a bull market, I think we are experiencing a correction, which is nothing but a recognition by the market participants the price had gone too far in one direction and some of them finally decided to take advantage of this distortion in the price which caused a slight movement in the opposite direction, now do not get me wrong I would love for a bull market to come as soon as possible, it is just I do not think the market is ready for such a movement right now.

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November 06, 2022, 10:22:39 PM
Last edit: November 06, 2022, 10:34:30 PM by gantez
 #34

Not every upward movement indicates a bull market, I think we are experiencing a correction, which is nothing but a recognition by the market participants the price had gone too far in one direction and some of them finally decided to take advantage of this distortion in the price which caused a slight movement in the opposite direction, now do not get me wrong I would love for a bull market to come as soon as possible, it is just I do not think the market is ready for such a movement right now.

I think the correction is what we are now. The sentiment during the bull was market has passed it normal level, value and price so they fud and the price started to drop and until this time. Correction is normal in this market, only to be careful to notice when the price is recovering or returning to balanced .
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November 06, 2022, 11:53:12 PM
 #35

Analysing the BTC price some days ago on the daily chart in reconciliation to the bull momentum it enjoyed within the past few days and still fluctuating around $20300 and $20600 the past few days, for many persons, the impression of buying long wouldn't be a bad idea as BTC value could hit at $22,400 presumably above by January or February  2023 based on personal speculations.
What do you think? Do you also see the BTC  promising price future am seeing irrespective of the great role volatility  plays in the market, and shouldn't be undermined as price can go south at any seconds or am I just the only one seeing it.

I do not see the price of bitcoin rising early next year. We may have a small pump this year, especially this month, but I think that's it. The market is still very volatile right now and the most I expect is a little pump this month then will eventually go down next month that will continue unto the following year. It is normal that there is a small pump in November as it is always like that in the previous years as well.

As most are expecting, there will be no major pump until the next halving or the year after the halving. It is already an established pattern unless it is broken this halving. I am inclined to prepare for that event rather than catch the small pumps here and there en route to the bull market after the halving.
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November 07, 2022, 10:06:47 AM
 #36

Analysing the BTC price some days ago on the daily chart in reconciliation to the bull momentum it enjoyed within the past few days and still fluctuating around $20300 and $20600 the past few days, for many persons, the impression of buying long wouldn't be a bad idea as BTC value could hit at $22,400 presumably above by January or February  2023 based on personal speculations.
What do you think? Do you also see the BTC  promising price future am seeing irrespective of the great role volatility  plays in the market, and shouldn't be undermined as price can go south at any seconds or am I just the only one seeing it.

I do not see the price of bitcoin rising early next year. We may have a small pump this year, especially this month, but I think that's it. The market is still very volatile right now and the most I expect is a little pump this month then will eventually go down next month that will continue unto the following year. It is normal that there is a small pump in November as it is always like that in the previous years as well.

As most are expecting, there will be no major pump until the next halving or the year after the halving. It is already an established pattern unless it is broken this halving. I am inclined to prepare for that event rather than catch the small pumps here and there en route to the bull market after the halving.

Yes, still a long way to go for us to see some good pump, as for the recent spike, I think this is just a bounce back as we have been below $20k for quite sometime now. And $20k is a psychological barrier and support line. Although the price did bounce back as high as $21k, now it seems that it's just around $20,700, a lot of sellers in the last 24 hours.

So it's better to just continue to accumulate before the actual halving. The last time, I did it like a year before the halving. But now I guess I can do better myself to start as early as this year to start accumulating myself. And then 2023 and wait for the eventual bull run in 2024.

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November 07, 2022, 10:48:06 AM
 #37

Do you actually know if the market is that easily to be predicted i don't think people could fall into bear trap, they would have been smarter enough to make their profits before the bear hits on every doors. People acts to be an expert drawing all manner of conclusion with the price and yet still panic. Few days ago there were little changes in percentage which tremendously propelled the price above $21k within 48hrs it gets back to +$20k. Looking from the chart there are still bull trend which could get +$22k by the end of next weekend.

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November 07, 2022, 12:34:53 PM
 #38

I also feel like we are getting close to bullish days compared to start of bear run back in time. Price sort of stabilized and I feel that demand for Bitcoin is far bigger/better compared to 2 months ago. These are key reasons Bitcoin may surprise us by entering bull run. February 2023 seems plausible for start of next bull run. I plan to buy Bitcoin around march/april to guarentee myself honestly. But its hard to be sure of this.
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November 07, 2022, 01:17:32 PM
 #39

Right now, the only emotion that I have is being patient. I don't have any deep analysis about what is to happen until the end of the year or the starting quarter of the next year.
The economy first. That's where I am more bothered. We won't see any optimistic view from investors if this inflation won't stop. There's just no room yet for investing in a risky asset. But that's good news indeed if we can still see a bull run. It will mean a lot for those who waited so long for a movement upward.
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November 07, 2022, 01:55:21 PM
 #40

I also feel like we are getting close to bullish days compared to start of bear run back in time. Price sort of stabilized and I feel that demand for Bitcoin is far bigger/better compared to 2 months ago. These are key reasons Bitcoin may surprise us by entering bull run. February 2023 seems plausible for start of next bull run. I plan to buy Bitcoin around march/april to guarentee myself honestly. But its hard to be sure of this.
Maybe we can predict the bullish days are getting closer, but unfortunately, before that happens, we will see the price fluctuate more and more and can make our predictions change too. Maybe you can start buying bitcoin from now on because the price is still at the $20k level, so if the price starts to climb up, you don't miss the moment to buy bitcoin at a low price. Every decline in bitcoin allows us to buy it, but it will depend on your strategy to determine when to buy it.
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