Will the bitcoin price continue to increase?

[fadhilz123]

I don't know Bitcoin will continue to increase, because my
time  of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin  increasing, bitcoin is not stable for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise.

What you say seems a little inaccurate because in 2021 Bitcoin is not at $ 22K and also $ 16K except last year where Bitcoin did experience a very significant decline, causing panic among its holders. But at the beginning of this year, Bitcoin again showed very good price recovery even though it is still often corrected, but it is still very good in terms of price compared to last year. And if you still believe in a Bitcoin increase that may still occur in this year, make a purchase when you see a price correction in Bitcoin because the next time the increase occurs, you will get a better profit.

[1715321194]

1715321194

[n0ne]

Bitcoin price continues to increase amidst corrections and minor fluctuations. At times the same can turn to be a deep down crash. No one can have precise prediction on the same. Just think of the market weeks back, it was around $16k and now it is close to $24k. This is out of the growth, we don't know for what reason this change have taken place. Different users have different reasons connected to the increase in the price. If you take the growth chart of bitcoin over the previous years it is possible to see price reaching the peak and dropping down. We only need to understand the market, its risks, the growth pattern and makes decisions. For all who have patience the price of bitcoin have increased over time.

[beerlover]

Bitcoin price growth has started since early 2023, you should check again BTC price history.
Sure, when we have some increases in Bitcoin price, there will be some corrections. But the price continues to raise gradually, the corrections are just the beginning for the next higher price. You must remember that BTC price was $17k-$18k before January 2023, it can reach $25k this month. We can see a positive move in BTC price during early 2023.

Well, everything looks good so far, BTC price has increased as predicted. So, no doubt that BTC to continue to increase!!

Corrections are basically people who got in when it was cheap, and selling to take their profits. This is normal and happens with every single increase in price, but I always found it wrong because if they don't do that, then we would see even higher prices and they would make even more profit.

It's alright though, they could ignore that as much as they want to but in the end we are going to definitely see it grow bigger, no matter how much they sell. Because of two reasons, one is the fact that there are plenty of people who are holding right now, and two is the fact that these sellers sell to someone who would hold until it is higher than what they bought.

[erep]

It's alright though, they could ignore that as much as they want to but in the end we are going to definitely see it grow bigger, no matter how much they sell. Because of two reasons, one is the fact that there are plenty of people who are holding right now, and two is the fact that these sellers sell to someone who would hold until it is higher than what they bought.

Exactly, they have sold bitcoin hoping to get it back at $20k and they will regret it if the recovery is quicker and they are not ready to buy it again for the current price, so investors are currently buying more bitcoins for high profits in the future, investors for long term will get the maximum profit and hope to reach the previous ath price.

The market indicates that it may decline at the end of this month, so take advantage of that moment to increase investment because the next recovery time may be $ 25k even higher, we can predict it based on the movement of bitcoin in each year.

[Franctoshi]

Bitcoin has weathered that resistance a few times during February, it's just that $25K hasn't been able to hold for many more days so the momentum only broke after a while.
Today another correction took place in the market after the previous day it looked like it would hit $25K again, the attempt failed and the price dropped to $23K. Meanwhile, $23K is expected to be stronger despite lots of panic selling pressure.

Yes broke the level a bit and a kind of kissed the $25k.250 level but the market failed to have a daily candle closure above that level, which is why we are still battling to break that zone and that confirms this resistance zone is a strong one.
Basically after a relief rally from the previous bottom at 17k to $25k, The $25k level of resistance sent the market down to a new low @$15k
 

Again $25K isn't too much resistance not to break, but it just doesn't last much longer above it.

Sometime we normally experience this kind of strong/Key resistance and support level in the market, where the market do find it very difficult to break due to the buying or selling pressure in that area. How to identify this strong level of resistance and support, Technically is through break of structure, meaning that whenever the market reaches this zones, it reverses the trend and start breaking of previous support and resistance zones.

Bitcoin at $25k level is a very strong resistance zone and Bitcoin needs momentum in order to strike out that level, which I do think it's gearing up for.

[DiMarxist]

$25k is a very strong resistance level to break right now, basically from that zone Bitcoin sold way down to $15k lowest, level since the beginning of the bear market, and to pass this level of residence, Bitcoin needs a lot of momentum to break that zone.
However In the coming months ahead, I do believe Bitcoin is going to surpass the $25k benchmark to hit long expected $30k.

I don't know Bitcoin will continue to increase, because my
time  of joined bitcoin it was $16k in 2021 bitcoin was $22 k and even now bitcoin is still rising and falling so I can't pronounce about bitcoin  increasing, bitcoin is not stable in price for person to pronounce bitcoin increasing but maybe this year bitcoin may increase bitcoin is now $23k.let us not put in mind that bitcoin will increase.the only thing, let's pray bull market let's it rise. we can predict it based on the movement of bitcoin in each year.

[Woodie]

Continue to increase you ask? Well always!

But we must understand that bitcoin price works in a way an elastic works, when an elastic is pulled, it only gets stretched to a certain extent & can not be pulled further and has to go back to its original form to build momentum and the cycle continues...Am certain we all might want it to keep going up but the mechanism of price requires it does down before it turns bullish.

[summonerrk]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.

Reference : bitcoin news

On the forum, and indeed in the world, no one will be able to answer what the price of bitcoin will be tomorrow. Yes, there is fundamental news, news from events taking place in the world, but their influence is not the strongest in the market. Whales with huge reserves of cryptocurrencies can direct the trend in any direction convenient to them. You can even remember Elon Musk - one of his tweets and the price obediently goes in the right direction. Therefore, it is naive to ask us the further direction of the price.

[STT]

25k is just the first rung on the ladder, it could have been the low had BTC been less challenged but instead we now find it as some resistance.   Not immediately recovering this area isnt a big deal just time and volume eventually the wall will be surpassed I cant see why not.   I think we do stay longer below 30k then 25k perhaps, somewhere slightly higher but this month sure we find its the high.

[ilovealtcoins]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.

Reference : bitcoin news

On the forum, and indeed in the world, no one will be able to answer what the price of bitcoin will be tomorrow. Yes, there is fundamental news, news from events taking place in the world, but their influence is not the strongest in the market. Whales with huge reserves of cryptocurrencies can direct the trend in any direction convenient to them. You can even remember Elon Musk - one of his tweets and the price obediently goes in the right direction. Therefore, it is naive to ask us the further direction of the price.

It's true, no one has a crystal ball to know the future bitcoin prices but we can predict. Investing means predicting the future. And with what's going on, I still believe bitcoin will continue to rise this March. But in the long term, of course, there will be a correction, and the price may be lower than now, but in the short term, we can still count on another bullish momentum for bitcoin.

[STT]

Right now it has a regular trend of increases (YTD), this latest pullback was still higher then the prior.  So long as we keep trending similarly above the 50 day average it should be assessed as positive I think.   Today the price has recovered the 2 day average and the future objective and pivot point to this move might be the weekly average which is 24k at the moment.  If we do not recover that weekly average in the next few days> & confirm a recovery of full positivity then become a bit more cautious in outlook as stall speed is how I view some of the hype meta in BTC moves.

[bitterguy28]

Right now it has a regular trend of increases (YTD), this latest pullback was still higher then the prior.  So long as we keep trending similarly above the 50 day average it should be assessed as positive I think.   Today the price has recovered the 2 day average and the future objective and pivot point to this move might be the weekly average which is 24k at the moment.  If we do not recover that weekly average in the next few days> & confirm a recovery of full positivity then become a bit more cautious in outlook as stall speed is how I view some of the hype meta in BTC moves.

and with this movement I am looking for nothing but to expect pull back for the next coming weeks if not whole march , I have already admitted about how I will lose this month of February because in the previous weeks i have gather to accumulate more coins and now? there are so much happening and expecting easy profit is not in my moind having now.

[Sebas.tian]

Based on some of the things investors have experienced from the market in the beginning of January till now, showed that Bitcoin price will continue to increase till it get to $50,000 before it can dump for investors to buy again and hold for another bright future to come. Since the price of Bitcoin has increased to $23,432, and the green light is still displaying in the market to encourage investors to get ready for the massive increase that is about to happen in the community. I believe, this year 2023 will not be like last year that made investors to experience losses because the price of Bitcoin decreased through out the year.

[summonerrk]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.

Reference : bitcoin news

On the forum, and indeed in the world, no one will be able to answer what the price of bitcoin will be tomorrow. Yes, there is fundamental news, news from events taking place in the world, but their influence is not the strongest in the market. Whales with huge reserves of cryptocurrencies can direct the trend in any direction convenient to them. You can even remember Elon Musk - one of his tweets and the price obediently goes in the right direction. Therefore, it is naive to ask us the further direction of the price.

It's true, no one has a crystal ball to know the future bitcoin prices but we can predict. Investing means predicting the future. And with what's going on, I still believe bitcoin will continue to rise this March. But in the long term, of course, there will be a correction, and the price may be lower than now, but in the short term, we can still count on another bullish momentum for bitcoin.

I totally agree. If you look at the bitcoin/USD price starting in 2019, you will notice that it is possible to build a strong support line that rises over time. And if the price of bitcoin starts to fall now, it will cross this straight line somewhere at 17000-18000. I think this is the lower limit of the price.

[GigaBit]

Actually bitcoin is an innovation to facilitate transactions and save on transaction costs, in my opinion bitcoin in the future depends on who wins, whether the giants or the government, but according to my predictions the price of bitcoin will continue to increase, because now the issue of war has subsided, post-covid 19 issues and crismon has subsided, even now there are clear and firm regulations against thousands of micin coins that have spread too much and are at risk of scams.

Politics has been heavily influencing cryptocurrencies in recent times. While the cryptocurrency market has been bearish for a long time, it has no effect, but when it is behaving positively, various kinds of statements from different quarters are affecting it again. News can always be positive or negative. It will not benefit those who want to hold Bitcoin based on this news. Investing should be done after thoroughly researching Bitcoin's past, present and future. There is less possibility that Bitcoin will be bullish right now so the current price is very likely to stabilize in the 20k range. Investors should invest after keeping these factors in mind.

[redsun114]

I think it will, not that I have any proof of that or anything, maybe it won't and I am wrong but by the looks of it, there is a potential for it to go up and it should be something that makes us happy and optimistic about the future. I know that it is not going to be easy for us to accept the increase after such hardship, but it will go up.

My personal belief is that bitcoin will always recover, there is no scenario where bitcoin goes down and then stays down, if it went down, then it will go up eventually and we are at that go up stage right now. We already crashed and see it going down as much as 80% at peak, so we are bound for some good recovery soon.

[jaberwock]

Based on some of the things investors have experienced from the market in the beginning of January till now, showed that Bitcoin price will continue to increase till it get to $50,000 before it can dump for investors to buy again and hold for another bright future to come. Since the price of Bitcoin has increased to $23,432, and the green light is still displaying in the market to encourage investors to get ready for the massive increase that is about to happen in the community. I believe, this year 2023 will not be like last year that made investors to experience losses because the price of Bitcoin decreased through out the year.

I agree that the volatility and the cycle that makes it go up and down is the reason why traders could make all the money they make. I believe that if we could trust it long enough then we are going to end up with something much better. I know that it is not going to be easy, I know that it is going to take some time but at the end of the day we are talking about price being higher eventually because it has been so low for a long time.

Market can't stay low forever, it just doesn't make sense for it to do that, it will go up, and of course after it goes up, it will go down as well, that's how it works, up and down. So, we just need to wait a bit more for the up part now.

[Semar Mesem]

Bitcoin of course sometimes goes up and down, if it keeps going up then it won't make new users interested, but when it sometimes goes down it makes people who plan to buy bitcoin at a cheap price then it can be achieved, but if we can be patient for a long term hold then we can get a good profit larger than other investments.

[Ludmilla_rose1995]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.

Reference : bitcoin news

the chances of bitcoin continuing to rise in the future and continuing to fall in the future are 50:50, but the volatility of the price of bitcoin and also the demand for bitcoin which continues to rise in the market will make the price continue to rise even though several times there will be a decrease too. the most important thing is that you have to buy bitcoin now because the price is still very far from the ATH bitcoin that has passed.

[cafee_orange]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.
However, the statement announcing the confiscation of Russian cryptocurrencies based in Hong Kong, as a continuation of the operations that have been underway from September eased the anxiety a bit. But still the warning message from the US DOJ was overwhelming.

Reference : bitcoin news

in the near future it seems that it will be impossible to predict exactly, and will it go down or continue to go up? This is a difficult question for us to answer. but as happened before that the price of bitcoin until now will continue to crawl a little, and this is also a reference for me to be more convinced that the price of bitcoin in the future will grow and have good value for the coming years.