What Is Your Bitcoin market speculation for the month

[KingsDen]

What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
2 What are the variables to consider in making future uptrend predictions?

Say no more.
Few minutes ago when I last checked the chart bitcoin was about to break the $25000 benchmark. Currently bitcoin is trading at 24556 dollars, that is to say any other bull movement will break $25000 benchmark. This is a clear indication that there is no limitation to how high or low the Bitcoin price could go. This year especially seems to be a good year for bitcoin and the overall trend has been bullish. There is therefore a high hopes for an overall bitcoin bull run by 2024 during the Bitcoin halving. The good days of bitcoin gradually coming back.

[1715141232]

1715141232

[Wiwo]

What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
2 What are the variables to consider in making future uptrend predictions?

Say no more.
Few minutes ago when I last checked the chart bitcoin was about to break the $25000 benchmark. Currently bitcoin is trading at 24556 dollars, that is to say any other bull movement will break $25000 benchmark. This is a clear indication that there is no limitation to how high or low the Bitcoin price could go. This year especially seems to be a good year for bitcoin and the overall trend has been bullish. There is therefore a high hope for an overall bitcoin bull run by 2024 during the Bitcoin halving. The good days of bitcoin gradually come back.

This price benchmark of $25k have been reached many times in the last few days, but what we are looking for is not just a chart record but stability.
-staying on that price for long is what makes the difference, if we must be certain and accurate in our market speculations or chart analysis.
-I believe innthe coming days Bitcoin will be able to sustain that price and also move beyond that market benchmark.

[erep]

This price benchmark of $25k have been reached many times in the last few days, but what we are looking for is not just a chart record but stability.
-staying on that price for long is what makes the difference, if we must be certain and accurate in our market speculations or chart analysis.
-I believe innthe coming days Bitcoin will be able to sustain that price and also move beyond that market benchmark.

we can stick to the benchmark daily highs despite the stability at high price is unstable the price for $25k is almost reached again now and the market shows that bitcoin price increase will be even higher in coming months we expect bullish will occur within this year to reach highest price in this year.

[Wiwo]

This price benchmark of $25k have been reached many times in the last few days, but what we are looking for is not just a chart record but stability.
-staying on that price for long is what makes the difference, if we must be certain and accurate in our market speculations or chart analysis.
-I believe innthe coming days Bitcoin will be able to sustain that price and also move beyond that market benchmark.

we can stick to the benchmark daily highs despite the stability at high price is unstable the price for $25k is almost reached again now and the market shows that bitcoin price increase will be even higher in coming months we expect bullish will occur within this year to reach highest price in this year.

Yes we can expect a more stable price that will rely around 25k or above, but at the moment it seems we we are going to be hovering around this current price for a while but am sure there will be possible break out in the coming week even if not that much but $25k benchmark should be a thing of the past by then.
-we still have up to 2 weeks before the month of February come to an end, and that is a long time of market activities that could result into the new price in whatever direction, and the odds for a higher direction is higher due to the current market behaviour that points to a huge buy order and less sell orders.

[Yatsan]

If there will be a follow up pump in the price I guess it is possible for a $27k market price for this monthmAs we saw its price suddencly climbed to $25k which even pulled up mostof the cryptos price. I am not sure yet of the reason but sudden price increase won't mean consistency especially if there will be no strong reason to keep it on upward motion. Correction may still happen. Therefore, I am quite taking a pause whether to enter or not. I prefer waiting for a more visible trend line before I make my ion towards market behavior. If there will be adecline then that would be fine by me to invest more but if it won't then that'll leave me no other choice but to cope and enter midway.

[wxa7115]

What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?
2 What are the variables to consider in making future uptrend predictions?

Say no more.
Few minutes ago when I last checked the chart bitcoin was about to break the $25000 benchmark. Currently bitcoin is trading at 24556 dollars, that is to say any other bull movement will break $25000 benchmark. This is a clear indication that there is no limitation to how high or low the Bitcoin price could go. This year especially seems to be a good year for bitcoin and the overall trend has been bullish. There is therefore a high hopes for an overall bitcoin bull run by 2024 during the Bitcoin halving. The good days of bitcoin gradually coming back.

It seems the bear market is finally over and we can experiment a long recovery for the price of bitcoin, but even if this seems the case the volatility has been very high during the last days so it is difficult to try to determine the price at the end of the month.

I believe a price higher than 25k is almost a certainty but how high it could go? Could the price reach 30k before the end of this month? It seems difficult but there are some traders out there which believe this could happen.

[suzanne5223]

Since the beginning of the year 2023 bitcoin has shown some positive outlook in terms of price recovery compared to the previous years 2022, when bitcoin struggled all through the year trying to sustain its price from dipping to a significantly low level when Bitcoin dip down to as low as $16k.

At around November last year, the price of Bitcoin was below 16K, 15,733 to be precise not as low as 16K. However, the market seems to be struggling to uptrend because it was replicating the market's 4-year cycle before it start another totally bullish market which will lead to a new ATH price.
Having said that, it's hard to speculate the market price for the month because the 4-year cycle hasn't been completed before the bullish market started but I believe the market will see up and down prices.

[lizarder]

It seems the bear market is finally over and we can experiment a long recovery for the price of bitcoin, but even if this seems the case the volatility has been very high during the last days so it is difficult to try to determine the price at the end of the month.

I believe there will be some recovery stages going forward as well as minor corrections along the way, especially when considering bitcoin's performance in the previous month and today it has been in the $24k range, although the prediction accuracy is not very precise, bitcoin's performance has almost halved in half

I believe a price higher than 25k is almost a certainty but how high it could go? Could the price reach 30k before the end of this month? It seems difficult but there are some traders out there which believe this could happen.

To set a definite standard price seems very difficult and reaching a price of $30k should be very close. If you look at the price of bitcoin today, but there is also no guarantee to reach that price by the end of the month and there may be a slight correction back. Cyclical factors will come into play in the coming months before the halving, hopefully by the middle or end of this year we will have come to a conclusion about the next ATH.

[Captain Corporate]

It is looking quite well again to be fair, and it has tested to break above that 25k range quite frequently by now, we have to realize that there is a good chance we could end up going that way very soon. I know that people are still worried about it and not entirely sure if we will break or it not, and I can't tell you if we will break it soon enough, maybe this month won't be enough, but at the end of the day we are going to end up with having a bit of testing period, where it will go down and up and down and up before we reach to that 25k+ and there is nothing stopping it from being this month.

[Wiwo]

At around November last year, the price of Bitcoin was below 16K, 15,733 to be precise not as low as 16K. However, the market seems to be struggling to uptrend because it was replicating the market's 4-year cycle before it start another totally bullish market which will lead to a new ATH price.
Having said that, it's hard to speculate the market price for the month because the 4-year cycle hasn't been completed before the bullish market started but I believe the market will see up and down prices.

Even though the next All time high time is not certain as when it will occur after the 4/year Bitcoin market cycle and the bitcoin halven that is a little more than one year ahead, it now clear that we may not have any all time high they will break previous all-time high, but btw we will be seeing a lot of markets volatilities.
-If all things being equal,  we should expect to see some short-term Bitcoin price speculations going forward and as for when we will see a big push above the last all time high is unknown and we can say precisely as for when that will happen.

[JoyMarsha]

If bitcoin can move from a $19k price to $23k in January, what makes it not to be possible for its price to move above the $25k benchmark before the end of February? Bitcoin price is just a few dollars(24,440) for her price to reach $25k. Just a week plus(9days) before the end of February. You know how it is in the crypto world that everything is possible to happen. We might see a $25k price or below but whatever price bitcoin gives us before the end of this month, it will not fall below $23k, if it didn't reach the $25k benchmark

[Nrcewker]

If bitcoin can move from a $19k price to $23k in January, what makes it not to be possible for its price to move above the $25k benchmark before the end of February? Bitcoin price is just a few dollars(24,440) for her price to reach $25k. Just a week plus(9days) before the end of February. You know how it is in the crypto world that everything is possible to happen. We might see a $25k price or below but whatever price bitcoin gives us before the end of this month, it will not fall below $23k, if it didn't reach the $25k benchmark

I am thinking Bitcoins will make the close at 26k usd for this month. The reasons are pretty simple. At the starting of the month, it showed positive attitude and jumped to the 23-24k price segment. If it manages to break the resistance and come out of it, then there is strong hope that it will cross 25k usd price segment. The price can also affect if some bad news like FTX happened recently. But more 9 days are left, and hardly anything will happen. So expecting a positive end from Bitcoins for this month.

[dragonvslinux]

Looking simply from a Monthly perspective, closing back above the 50 Month MA currently priced at $23.6K could be a very good sign for Bitcoin. Not only would it maintain the +40% gains of January, but would also show that Bitcoin is able to reclaim this upwards (bullish) trending moving average on highest time-frame. This would be the ideal set-up for continued upside in March imo.



Many are focused on the 200 Week MA now at $25.1K, which remains relevant on the Weekly time-frame for a close above, however the 50 Month MA is significantly lower by comparison so may occur first.

[Franctoshi]

Bitcoin has been rejected several times after kissing the $25k level like about two or three times, however there is a sign of momentum coming in the market right now, which shows that the bulls are currently in control and if eventually the market is able to knock out this zones, definitely we are going to get a quick run to the upper side basically $30k, because using the VPVR indicator there's less traffic coming in these zones $26k, $27k- $30k before we will hit another strong resistance level on the way.

[suzanne5223]

At around November last year, the price of Bitcoin was below 16K, 15,733 to be precise not as low as 16K. However, the market seems to be struggling to uptrend because it was replicating the market's 4-year cycle before it start another totally bullish market which will lead to a new ATH price.
Having said that, it's hard to speculate the market price for the month because the 4-year cycle hasn't been completed before the bullish market started but I believe the market will see up and down prices.

Even though the next All time high time is not certain as when it will occur after the 4/year Bitcoin market cycle and the bitcoin halven that is a little more than one year ahead,

The next all-time high price time is based on the market demand and supply. It does not always happen after the halving occurs because we have had a moment where ATH happened before halving takes place.

it now clear that we may not have any all time high they will break previous all-time high, but btw we will be seeing a lot of markets volatilities.

From what you said here, I have a reason to say you don't know or understand the true purpose of Bitcoin block halving because it was introduced by Satoshi to control inflation in the Bitcoin market and ensure an increase in demand.

[Wiwo]

At around November last year, the price of Bitcoin was below 16K, 15,733 to be precise not as low as 16K. However, the market seems to be struggling to uptrend because it was replicating the market's 4-year cycle before it start another totally bullish market which will lead to a new ATH price.
Having said that, it's hard to speculate the market price for the month because the 4-year cycle hasn't been completed before the bullish market started but I believe the market will see up and down prices.

Even though the next All time high time is not certain as when it will occur after the 4/year Bitcoin market cycle and the bitcoin halven that is a little more than one year ahead,

The next all-time high price time is based on the market demand and supply. It does not always happen after the halving occurs because we have had a moment where ATH happened before halving takes place.

it now clear that we may not have any all time high they will break previous all-time high, but btw we will be seeing a lot of markets volatilities.

From what you said here, I have a reason to say you don't know or understand the true purpose of Bitcoin block halving because it was introduced by Satoshi to control inflation in the Bitcoin market and ensure an increase in demand.

Mate thanks for the clarification about the bitcoin block rewards I don't have vase knowledge of Bitcoin block calculation but I know that each Bitcoin halving reduces the number lf block rewards and total circulating supply,  which equals scarcity that will result in I price increase due to high demands and less supply.
-The point I was trying to make is about price speculation before halving and not after as you seem to have misunderstood the point I was trying to make.

[suzanne5223]

At around November last year, the price of Bitcoin was below 16K, 15,733 to be precise not as low as 16K. However, the market seems to be struggling to uptrend because it was replicating the market's 4-year cycle before it start another totally bullish market which will lead to a new ATH price.
Having said that, it's hard to speculate the market price for the month because the 4-year cycle hasn't been completed before the bullish market started but I believe the market will see up and down prices.

Even though the next All time high time is not certain as when it will occur after the 4/year Bitcoin market cycle and the bitcoin halven that is a little more than one year ahead,

The next all-time high price time is based on the market demand and supply. It does not always happen after the halving occurs because we have had a moment where ATH happened before halving takes place.

it now clear that we may not have any all time high they will break previous all-time high, but btw we will be seeing a lot of markets volatilities.

From what you said here, I have a reason to say you don't know or understand the true purpose of Bitcoin block halving because it was introduced by Satoshi to control inflation in the Bitcoin market and ensure an increase in demand.

Mate thanks for the clarification about the bitcoin block rewards I don't have vase knowledge of Bitcoin block calculation but I know that each Bitcoin halving reduces the number lf block rewards and total circulating supply,  which equals scarcity that will result in I price increase due to high demands and less supply.

Yes, the block halving leads to a reduction of the block rewards and literally the number of Bitcoin generated every will reduce, making bitcoin to be quite scarce and more beneficial. Besides, it also attracts only dedicated and responsible miners who are more into the technology to take the role of maintaining the network stability and security.

-The point I was trying to make is about price speculation before halving and not after as you seem to have misunderstood the point I was trying to make.

The price speculation of Bitcoin price before halving is hard to predict but 3 months before the halving is always a bullish market

[peter0425]

What are your markets predictions for the month?
1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?

this is what bitcoin price now and it is amazing that we are couple of dollars away from breaking 25k

https://coinmarketcap.com/currencies/bitcoin/

maybe we can expect 25k in a few hours from now.

2 What are the variables to consider in making future uptrend predictions?

maybe world economy to increase its momentum again? because I believe it is still the effect of pandemic and of course the war in Russia and Ukraine that still exist and affecting the world.

[Oasisman]

-The point I was trying to make is about price speculation before halving and not after as you seem to have misunderstood the point I was trying to make.

The price speculation of Bitcoin price before halving is hard to predict but 3 months before the halving is always a bullish market

Might be bullish, I don't wanna say "always", but as the Bitcoin halving is closely approaching, crypto market are starting get influx from investors because of the halving hype. Moreover, Bitcoin tends to make another ATH few weeks after halving. One important thing to do months before the halving is to try to accumulate while Bitcoin are still considered affordable. I know $24k isn't cheap, but will be considered affordable soon, it's just a matter of time when Btc will not be coming down to that price level again.

[Sebas.tian]

1: Do you think BTC will break the $25k benchmarks in this month even though there will be a lot of pullback and resistance knowing fully well how close we are to 25k at the moment?

Yes, the price of Bitcoin will definitely reach $25,000 before the end of this month of February because the price of Bitcoin nearly hit the price few days ago before it decreased to $24,400 which are some sign that made traders to believed that bearish market is about to leave for bullish market to take over. Since the price of Bitcoin started pumping from the beginning of this month of February 2023 to encourage those that used small amount of money to invest in Bitcoin to increase the money, because this year 2023 will be better than last year that made traders to experienced losses from the beginning of the year 2022 till the end.