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bitterguy28
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December 13, 2022, 04:48:15 AM
 #101

I think it is not that easy mate , you can easily say that we must not panic but if you find your folio losing more than half of your funds? do you believe that it will be easy to not panic?

specially if you invest most of your precious funds?

like what many says , it is right that easily said than done.
you're right. to holding in the long term requires patience and also being able to accept the fact if the market falls suddenly. if someone says long term holding is easy then on the one hand it is a tough road but passable for someone because they really intend and believe in their investment stage. many people bought btc in 2016 but they took advantage when the end of 2017 maybe few people can hold until btc reach the high price in 2021.

at this stage we can learn from that history so that we have a great instinct to invest in the long term, for example for the next 5 years by purchasing using the DCA strategy. Maybe the strongest holders at the moment are Saylor, he continues to buy and hold for a long period. she is so strong and we have to admit.
yes , Many people keeps saying Buy In low sell in High , or Keep Holding but those who constantly say this are the people that panicked straight once their coin fell hard .

better to be yourself and be secured , sell when your coins start to  fall , and keep it safe for a while.
there is no best way to keep safe our coins by selling before the bear comes.

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December 13, 2022, 09:16:33 AM
 #102

Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.

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December 13, 2022, 10:00:26 AM
 #103

Until the impact of the economic recession subsides, there will be no reason for the Bitcoin price to rise. The World Bank has stated the next year as a global recession. They are predicting a global recession coming for the next year. But it is not 100% sure. We are very close to end of this year and can say that Bitcoin is now unchanged. It may rise to $17000 to $20000 this December. But the next year may be a different situation. It can be bullish or bearish. If there is no new scandal in the market then the Bitcoin price will definitely reached to the high. I think we may see that previous bullish movement in Bitcoin towards the end of next year. The most positive aspect is that despite various scandals in the cryptocurrency this year, investors are still enthusiastically picking up Bitcoin, which shows the potential for a major bullish run in the future.

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December 13, 2022, 10:24:28 AM
 #104

Until the impact of the economic recession subsides, there will be no reason for the Bitcoin price to rise. The World Bank has stated the next year as a global recession. They are predicting a global recession coming for the next year. But it is not 100% sure. We are very close to end of this year and can say that Bitcoin is now unchanged. It may rise to $17000 to $20000 this December. But the next year may be a different situation. It can be bullish or bearish. If there is no new scandal in the market then the Bitcoin price will definitely reached to the high. I think we may see that previous bullish movement in Bitcoin towards the end of next year. The most positive aspect is that despite various scandals in the cryptocurrency this year, investors are still enthusiastically picking up Bitcoin, which shows the potential for a major bullish run in the future.
I agree with you, indeed there has been news from the IMF that many countries have started registering to be able to receive aid supplies, because it is estimated that next year they will enter an economic crisis, although it is possible that by continuing to make changes to reduce spending on non-essential sectors it will be possible reduce the impact.

so that with this crisis situation I am convinced that bitcoin can reach $ 20K at the end of this year, this is an extraordinary thing.
but it must be remembered that if there really is no significant change in this world, then next year there will still be a crisis, it is certain that bitcoin will be eroded because everyone avoids unnecessary purchases, including for crypto.
the bright movement of bitcoin maybe when it will enter the halving period, and will continue until the following year.

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December 13, 2022, 10:35:18 PM
 #105

Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.
This time around people does not take prediction of cryptocurrency seriously because some people have lose interest over prediction of cryptocurrency and especially bitcoin, so if you want to know what will happen next in cryptocurrency sphere you can make use of the chart, some who knows how ton interpret cryptocurrency chart are one that will be to analysis exactly when price of Bitcoin will rise and when the price of Bitcoin will also fall,

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December 13, 2022, 10:40:33 PM
 #106

Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.
This time around people does not take prediction of cryptocurrency seriously because some people have lose interest over prediction of cryptocurrency and especially bitcoin, so if you want to know what will happen next in cryptocurrency sphere you can make use of the chart, some who knows how ton interpret cryptocurrency chart are one that will be to analysis exactly when price of Bitcoin will rise and when the price of Bitcoin will also fall,

basically, everyone can make their prediction. whether you are a long-timer or newcomer. what matters is how you attack the current market. are you making a move like buying some satoshis while the price is low? or just waiting for something you don't know yet.

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GeorgeJohn
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December 13, 2022, 10:45:21 PM
 #107

Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.
This time around people does not take prediction of cryptocurrency seriously because some people have lose interest over prediction of cryptocurrency and especially bitcoin, so if you want to know what will happen next in cryptocurrency sphere you can make use of the chart, some who knows how ton interpret cryptocurrency chart are one that will be to analysis exactly when price of Bitcoin will rise and when the price of Bitcoin will also fall,

basically, everyone can make their prediction. whether you are a long-timer or newcomer. what matters is how you attack the current market. are you making a move like buying some satoshis while the price is low? or just waiting for something you don't know yet.
I did not kicked against making a prediction of cryptocurrency, what i emphasis on it, is that neither beginner or experience person can as well exercise it's own prediction of cryptocurrency due to it's ability to decode the next movement of cryptocurrency, because not analyst of cryptocurrency knows what it doing in Bitcoin analysis, because the prediction of Bitcoin comes from your observation of the market movement.

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December 14, 2022, 01:53:36 AM
 #108

It is confirmed that the price of Bitcoin will increase on the occasion of Christmas Day.  Because this December the price of Bitcoin will be 20,000 dollars.  Now there is a celebration ahead to mark this celebration Bitcoin price will increase for a few days.  Because every year on Christmas Day Bitcoin price increases a little bit but I think it will increase this time too.
how I wish you are correct mate, Bitcoin will step up to 20k ? even with this small increase will bring so much happiness to all of us because like me  , I was looking for at least withdrawal from my funds that I believe if bitcoin grows that high will make me at least 20% richer and that is enough to sustain the celebration of Christmas for me and my family .
but where can we see this confirmation mate? that we will manage to have that price this before Month ends?

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December 14, 2022, 02:40:57 AM
 #109

It is confirmed that the price of Bitcoin will increase on the occasion of Christmas Day.  Because this December the price of Bitcoin will be 20,000 dollars.  Now there is a celebration ahead to mark this celebration Bitcoin price will increase for a few days.  Because every year on Christmas Day Bitcoin price increases a little bit but I think it will increase this time too.
how I wish you are correct mate, Bitcoin will step up to 20k ? even with this small increase will bring so much happiness to all of us because like me  , I was looking for at least withdrawal from my funds that I believe if bitcoin grows that high will make me at least 20% richer and that is enough to sustain the celebration of Christmas for me and my family .
but where can we see this confirmation mate? that we will manage to have that price this before Month ends?

$18k at least the end of the month? we have seen some spike in the last 24 hours, we went to $16,900k and then surges in the $17,770. Either way, at least at good $18k will not be as bad as we have thought that this year will end.

Initially it was in the $20k, but with the FTX collapse affecting us, the price goes down hard to $15k.

So we will take any price above that numbers.

R


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December 16, 2022, 06:20:08 AM
 #110

It is beyond imagination that the price of Bitcoin has gone up and down so much.  Because few hours ago the price of Bitcoin was 18k plus.  But from there the price dropped again to 17K so I think the price of Bitcoin will rise on Christmas day.  Because for the past few years, the price of Bitcoin has increased somewhat in this month of December.  That's why I can say that Bitcoin price will cross $20k in December itself.
Bitcoin was almost $18400 two days ago, it has decreased and was unable to break the $18000 resistances, but the support is still at $17000. Bitcoin price has not gone below $17000 yet after it increased to over $18000 on Wednesday. Hopefully, if the support at $17000 is not broken for a long time, it is possible that bitcoin bull market would begin slightly during Christmas, but begin its continuation in January in a way that $20000 would be seen fast in days and may become the support for awhile before $30000 bull market would begin.

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December 16, 2022, 07:25:49 AM
 #111

It is beyond imagination that the price of Bitcoin has gone up and down so much.  Because few hours ago the price of Bitcoin was 18k plus.  But from there the price dropped again to 17K so I think the price of Bitcoin will rise on Christmas day.  Because for the past few years, the price of Bitcoin has increased somewhat in this month of December.  That's why I can say that Bitcoin price will cross $20k in December itself.
wait few hours ago? i did not see that in any exchange mate because 18k was reached 2 days ago and not today

Quote
24h Low / 24h High   
$17,322.59 /
$17,738.56


so where did you get that few hours ago?


but yes the price is going upside down since December starts , though the maintaining price is 17k level yet it is hard to expect another climb to 20k from this movement now.

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December 16, 2022, 07:49:05 AM
 #112

It is beyond imagination that the price of Bitcoin has gone up and down so much.  Because few hours ago the price of Bitcoin was 18k plus.  But from there the price dropped again to 17K so I think the price of Bitcoin will rise on Christmas day.  Because for the past few years, the price of Bitcoin has increased somewhat in this month of December.  That's why I can say that Bitcoin price will cross $20k in December itself.
Bitcoin was almost $18400 two days ago, it has decreased and was unable to break the $18000 resistances, but the support is still at $17000. Bitcoin price has not gone below $17000 yet after it increased to over $18000 on Wednesday. Hopefully, if the support at $17000 is not broken for a long time, it is possible that bitcoin bull market would begin slightly during Christmas, but begin its continuation in January in a way that $20000 would be seen fast in days and may become the support for awhile before $30000 bull market would begin.
There was a slow upward trend for Bitcoin. Following that, it decreased and couldn't hold the $18000 position. It was a fluttering upward move with an inevitable pullback, but not a meaningful move up. As you say, short-term gains are meaningful, midterm pullbacks inevitable, but long-term gains continue. A break of the $18000 resistance will be required for Bitcoin to hit $20,000 again. I guess it won't happen during Christmas, but it will be delayed.

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December 16, 2022, 08:01:10 AM
 #113

It is beyond imagination that the price of Bitcoin has gone up and down so much.  Because few hours ago the price of Bitcoin was 18k plus.  But from there the price dropped again to 17K so I think the price of Bitcoin will rise on Christmas day.  Because for the past few years, the price of Bitcoin has increased somewhat in this month of December.  That's why I can say that Bitcoin price will cross $20k in December itself.

Bitcoin market has been very volatile since it was launched which is good for traders to take advantage of it and book profit.
This morning Bitcoin candle opened green and price rose to $17,700 but I don't expect any big rise during the month of December because people will spend money for shopping of Christmas and we may see some selling pressure in the last week as people also need money to spend money for Christmas and new year celebrations.









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December 16, 2022, 09:32:26 AM
 #114

It is confirmed that the price of Bitcoin will increase on the occasion of Christmas Day.  Because this December the price of Bitcoin will be 20,000 dollars.  Now there is a celebration ahead to mark this celebration Bitcoin price will increase for a few days.  Because every year on Christmas Day Bitcoin price increases a little bit but I think it will increase this time too.
Confirmed? I don't know how you do that but as I see, it was not clear where it goes. In fact, many Decembers don't have a rallying price record and we are not sure this month as well.
Well, If your assumption is right then people are happy but we don't have to expect that much knowing that we are still in the bear market. People are still buying and selling, can't assure with the pump but at least we see the price of Bitcoin is moving toward $20,000. However, the situation can be changed anytime.

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December 16, 2022, 09:43:46 AM
 #115

December has been running half and it seems that the hope to see the market rising will not occur in December, the number of FUDS after 2 big cases namely FTX and Luna makes us panic and think that Bitcoin will continue to drop, but a good thing is Bitcoin can still survive from pressure.

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December 16, 2022, 11:27:52 AM
 #116

December has been running half and it seems that the hope to see the market rising will not occur in December, the number of FUDS after 2 big cases namely FTX and Luna makes us panic and think that Bitcoin will continue to drop, but a good thing is Bitcoin can still survive from pressure.

Definitely, we can survived from this pressure, the market is just testing everyone, so it's up to us whether to hold or sell when the price goes down. For sure we know the pros and cons of selling and buying in this bear market. And as much as others think that it's better to sell, then think again, it's the right time to accumulate.

So for this December, the price could be $17k, no more increased but the good thing is that it seems that the FUD around the FTX and Luna has subsided and so we will not find any sudden downside of the price till the end of this year.

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December 16, 2022, 12:07:34 PM
 #117

December has been running half and it seems that the hope to see the market rising will not occur in December, the number of FUDS after 2 big cases namely FTX and Luna makes us panic and think that Bitcoin will continue to drop, but a good thing is Bitcoin can still survive from pressure.

Definitely, we can survived from this pressure, the market is just testing everyone, so it's up to us whether to hold or sell when the price goes down. For sure we know the pros and cons of selling and buying in this bear market. And as much as others think that it's better to sell, then think again, it's the right time to accumulate.

So for this December, the price could be $17k, no more increased but the good thing is that it seems that the FUD around the FTX and Luna has subsided and so we will not find any sudden downside of the price till the end of this year.
The FUD around FTX is really coming to an end, but yesterday there was new news that supposedly the US will introduce a new law that will oblige all crypto wallets to be verified. I don't know how true it is, but if it happens, the price might fall even lower than it is now. But if you put it another way, the pumping always ends where it started. In bitcoin's history, that's about 10k. So it is possible that the price will go back to where it started rising in 2020, when Elon Musk started pumping.

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December 17, 2022, 02:51:33 PM
 #118

I am calling 25k for this month as the peak, I do not know if it will finish with that or just hit it and go down later on, but I call 25k to be possible. We already had too many months when it went down and I am not expecting it to keep going down more, which means that if I realized this, the market already realized it. So if we all know that it is unlikely for it to go down even more, then it means we all know the only direction left is to go up.

I know it is not going to be easy, but it is going to happen no matter how difficult it is. Lets realize the fact that bitcoin is at the bottom already, and the direction is up, and 25k is not too high to make it unrealistic.
Not looking good to be fair. I assumed that it would have at least some resemblance of something good, because we have dropped so much from the FTX news and now that news cycle is over I assumed that it would probably be a lot different and a lot better but by the looks of it I am guessing that it's not anything like that.

I hope that it will recover before the year ends and we end up with like 20k price and start the new year like that, but the possibility of 15k is looking more likely than the possibility of 20k for the time being. Right after FTX deal, media published a fake Binance news, and they are doing awesome and yet they are being branded as a bad place right now.

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December 17, 2022, 03:55:17 PM
 #119

but a good thing is Bitcoin can still survive from pressure.
Bitcoin still exists, what do you mean? bitcoin will probably drop more and even below 10k but it will always live and never die. All these Fuds will soon die after completing their mission of bringing bitcoin down to its lowest price.
Every prediction was wrong when people started to believe that bitcoin would recover after the death of FTX. As I said, things are just getting started.

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December 17, 2022, 04:07:52 PM
 #120

December has been running half and it seems that the hope to see the market rising will not occur in December, the number of FUDS after 2 big cases namely FTX and Luna makes us panic and think that Bitcoin will continue to drop, but a good thing is Bitcoin can still survive from pressure.

True.There is FUD in the market about Binance which has pushed down the price of Bitcoin below 17K, the month of December has been bad for Binance, 3.6 worth of assets withdrawan and its native token BNB is also fell to 220 dollars today, it is highly unlikely that we will see Christmas rally this year.

If Binance goes in trouble then we might see Bitcoin around 13K which is its strong support  but hopefully, it won't happen and Binance team will handle the crisis it is going though successfully.









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