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Author Topic: will bitcoin continue to rise  (Read 1431 times)
Wong Gendheng
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June 02, 2023, 06:47:54 AM
 #181

For the long term, of course the price of Bitcoin will continue to rise, it cannot be denied anymore that the number of users who continue to increase is the key that the price will continue to rise, it is natural that many people are optimistic that the price of $ 1 million will occur 5 or a maximum of 10 years, before the price is more expensive And makes it difficult for us to buy so from now we have to buy.
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June 02, 2023, 07:42:35 PM
 #182

Basically you might think that the bitcoin price has shown a recovery process from January 2023 to the end of May. On the monthly TF, the price of bitcoin has printed 4 temporary green candles followed by 1 red candle due to an unstoppable correction. In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.
The market has not experienced a high correction compared to the 4 green candles that have increased since 2023, we must positively respond to the 1 red correction candle which has only corrected -$5k so far, the market still holds several other green candles that will potentially increase above 30k by the end of the year.
I don't see the correction as a problem for my long term investment plan so far. I have been able to hold and accumulate assets well with almost every dip in the last few months. Personally I consider 1 red candle on monthly TF normal after bitcoin prints 4 green candles in 4 consecutive months. That is, no increase continues without a break, so price correction should not be ignored for some of those who use short-term strategies.

The market provides an opportunity for wise investors to buy low prices although it is unlikely that the market will return to 15k, 20-25k area range may be very potential to start DCA investment with 50% investment asset allocation for BTC, we have missed the low price moment last november but not for the second time.
Well, $15k won't happen again for the rest of the year, and I firmly believe that considering the halving will play a part in driving more investor interest to buying. $25k is support which should be strong when bitcoin returns to $30k in the next few months but bitcoin is still having a hard time testing that resistance although $25k is strong support for bitcoin at the moment.

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June 05, 2023, 03:02:08 PM
 #183

For the long term bitcoin will continue to rise and record ATH will continue to occur, even though it will take a long time but I am never worried if there is a red market, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, or if make daily trading then it will buy and then sell on spot exchanges by adding profit.
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June 07, 2023, 03:44:30 PM
 #184

In my opinion, bitcoin price will continue to rise until it reaches at least above $35k. Even now the price of bitcoin is in the range of $28k. Therefore, it's better for you to hold your bitcoin first and don't sell it first because the potential for increase still continues.
Bitcoin holders are not the only expect the bullishness but people in the entire crypto space have been waiting for that desired market in Bitcoin for a long time. Since the 12th of this month, many are hopeful that Bitcoin will return to its former bullish trend. While some people have mixed reactions though, there is naturally a lot of excitement and enthusiasm among investors to invest in Bitcoin. Currently BTC is trading at $27600 which is slightly lower than last day. But the current situation is still good where bitcoin price can cross 30 level.
Correct. Of course, everyone hopes that the crypto market will return to a bullish trend, especially for those who have long held bitcoin, eager to sell so they can get money for other purposes. Therefore, I am optimistic that the bullish trend will return soon and bitcoin can pass above $30k.

I think the opportunity for bitcoin for Rise is greater than Fall, today the price rises again after about 4 days red, this shows that Bitcoin still has the opportunity to touch $ 30k at the end of March, if the price of $ 30k can be achieved then I'm sure the April Market will be Shining more and reaches at least $ 40K.
We are currently in the first week of June and the bitcoin price is hovering around $25k-$26k. Granted, bitcoin still has the potential to reach a price above $30k, but apparently not in June. Therefore, let's see how far the price moves forward, at least in early July. Can bitcoin price reach $30k or will it drop again in July.

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June 07, 2023, 11:13:19 PM
 #185

In my opinion, bitcoin price will continue to rise until it reaches at least above $35k. Even now the price of bitcoin is in the range of $28k. Therefore, it's better for you to hold your bitcoin first and don't sell it first because the potential for increase still continues.
Bitcoin holders are not the only expect the bullishness but people in the entire crypto space have been waiting for that desired market in Bitcoin for a long time. Since the 12th of this month, many are hopeful that Bitcoin will return to its former bullish trend. While some people have mixed reactions though, there is naturally a lot of excitement and enthusiasm among investors to invest in Bitcoin. Currently BTC is trading at $27600 which is slightly lower than last day. But the current situation is still good where bitcoin price can cross 30 level.
Correct. Of course, everyone hopes that the crypto market will return to a bullish trend, especially for those who have long held bitcoin, eager to sell so they can get money for other purposes. Therefore, I am optimistic that the bullish trend will return soon and bitcoin can pass above $30k.

I think the opportunity for bitcoin for Rise is greater than Fall, today the price rises again after about 4 days red, this shows that Bitcoin still has the opportunity to touch $ 30k at the end of March, if the price of $ 30k can be achieved then I'm sure the April Market will be Shining more and reaches at least $ 40K.
We are currently in the first week of June and the bitcoin price is hovering around $25k-$26k. Granted, bitcoin still has the potential to reach a price above $30k, but apparently not in June. Therefore, let's see how far the price moves forward, at least in early July. Can bitcoin price reach $30k or will it drop again in July.


If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible and especially for those who have long held bitcoin, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, There were also others (or same investors) buying around $20K,  In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.

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June 08, 2023, 11:56:09 AM
 #186

If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible and especially for those who have long held bitcoin, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, There were also others (or same investors) buying around $20K,  In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.

Basically, the potential price of Bitcoin has nothing to do with how long everyone knows Bitcoin, because there are also those who have known Bitcoin for a long time but still don't dare to buy it now. And maybe this is also influenced by the ability of money that each person has and there are also those who are still unsure about Bitcoin so that the courage to buy is still lacking.

But for those who still want to hold Bitcoin for a long time and continue to make purchases when they see a price drop occur, they are those who really believe in Bitcoin, which of course they also know about it, although not for a long time. So this is not necessarily because of how long or not you know Bitcoin, but this is more about the level of courage and trust everyone has in Bitcoin.
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June 08, 2023, 01:25:20 PM
 #187

If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible and especially for those who have long held bitcoin, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, There were also others (or same investors) buying around $20K,  In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.

Basically, the potential price of Bitcoin has nothing to do with how long everyone knows Bitcoin, because there are also those who have known Bitcoin for a long time but still don't dare to buy it now. And maybe this is also influenced by the ability of money that each person has and there are also those who are still unsure about Bitcoin so that the courage to buy is still lacking.

But for those who still want to hold Bitcoin for a long time and continue to make purchases when they see a price drop occur, they are those who really believe in Bitcoin, which of course they also know about it, although not for a long time. So this is not necessarily because of how long or not you know Bitcoin, but this is more about the level of courage and trust everyone has in Bitcoin.

Just as it doesn't matter whether you enter the market sooner or later, what matters is how long you believe and stay. Many people know and invest in bitcoin early on but don't have the confidence and courage to stay in the market and dump bitcoin when the bear season comes. But there are late market participants, but they always believe in bitcoin no matter how harsh the bear market is, and they will get the reward they deserve. And that's why I always believe it's never too late to invest in bitcoin, there's always an opportunity for newbies as long as they have enough faith in bitcoin.

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June 08, 2023, 03:13:27 PM
 #188

If you look at the recent crypto market situation, it seems that the potential for an increase in bitcoin prices is still possible and especially for those who have long held bitcoin, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, There were also others (or same investors) buying around $20K,  In the long term, bitcoin price will be stronger, but it may be true that we have little hope of a big bullrun in 2023.

Basically, the potential price of Bitcoin has nothing to do with how long everyone knows Bitcoin, because there are also those who have known Bitcoin for a long time but still don't dare to buy it now. And maybe this is also influenced by the ability of money that each person has and there are also those who are still unsure about Bitcoin so that the courage to buy is still lacking.

But for those who still want to hold Bitcoin for a long time and continue to make purchases when they see a price drop occur, they are those who really believe in Bitcoin, which of course they also know about it, although not for a long time. So this is not necessarily because of how long or not you know Bitcoin, but this is more about the level of courage and trust everyone has in Bitcoin.

Just as it doesn't matter whether you enter the market sooner or later, what matters is how long you believe and stay. Many people know and invest in bitcoin early on but don't have the confidence and courage to stay in the market and dump bitcoin when the bear season comes. But there are late market participants, but they always believe in bitcoin no matter how harsh the bear market is, and they will get the reward they deserve. And that's why I always believe it's never too late to invest in bitcoin, there's always an opportunity for newbies as long as they have enough faith in bitcoin.
Exactly, the current condition depends on yourself I think because after all this is a condition where you have to be aware that trust and holding strength is something that needs attention.
It's really hard to see people letting that go quickly and selling when they're even at a loss. even though it's his right but in the end this is a little contrary to the initial context even though if indeed they can't have patience and trust I think from the start not being in bitcoin would be much better.
This is the importance of learning from the start about bitcoin which has a big risk because sooner or later such learning can make us know what is the right thing to do when a situation like this occurs.

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June 09, 2023, 01:48:57 PM
 #189

Bitcoin certainly has the opportunity to continue to rise, as we know that the number of bitcoin users continues to increase so that the demand or need also increases, naturally this will make the price continue to increase. moreover, bitcoin has a strong global community that makes us optimistic about saving bitcoin.

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June 11, 2023, 08:22:31 AM
Merited by fillippone (1)
 #190

Bitcoin certainly has the opportunity to continue to rise, as we know that the number of bitcoin users continues to increase so that the demand or need also increases, naturally this will make the price continue to increase. moreover, bitcoin has a strong global community that makes us optimistic about saving bitcoin.

Bitcoin has the opportunity to continue its upward trajectory, supported by the increasing number of users and the strong global community around it. However, it is very important to remain aware of the inherent volatility of the cryptocurrency market and monitor developments that may affect Bitcoin's performance especially as current market sentiment has more or less an impact even if it is small for BTC it is large for Altcoins.

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June 11, 2023, 02:05:22 PM
 #191

Bitcoin certainly has the opportunity to continue to rise, as we know that the number of bitcoin users continues to increase so that the demand or need also increases, naturally this will make the price continue to increase. moreover, bitcoin has a strong global community that makes us optimistic about saving bitcoin.

If it's still not the time to be bullish bitcoin, of course it will be difficult to experience an increase,
but if the time is bullish we will see Bitcoin's journey to new ATH,
so what we have to do in a bear market is to stay relaxed and not be too excited to buy all your capital 100% to only one coin.

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June 11, 2023, 02:42:19 PM
 #192

Well, I guess most of us are thinking about continuous price growth and seem to have the chance rather than seeing it dump and turn back like a scratch. And with these things
 - continuous project development
 - increase adoption and demand
 
We can really be saying that the future is bright but not that clear enough to think that it gonna be surging high like reaching $100k too fast.
Yet, everything that will happen in the future remains unknown and I never see that it would change. Otherwise, someone is controlling it.

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June 11, 2023, 05:49:50 PM
 #193

For the long term, of course the price of Bitcoin will continue to rise, it cannot be denied anymore that the number of users who continue to increase is the key that the price will continue to rise, it is natural that many people are optimistic that the price of $ 1 million will occur 5 or a maximum of 10 years, before the price is more expensive And makes it difficult for us to buy so from now we have to buy.

Investors now holding Bitcoin are more dominating to make long-term Investments, because they are completely confident in Bitcoin and this does not make them disappointed, now Value is still in a low situation, people in general will know this is a good buying period for they Invest and recommended long term, we believe it will go up, and if long term it will be more fantastic.

So so far we're still looking at the market, and investors or also with crypto traders are taking this gap very well, now instead of constantly researching when it will increase we prefer to watch the price to buy and invest long term, to be honest Investors have been doing it since the correction arrived a few weeks ago or months ago.
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June 11, 2023, 07:44:49 PM
 #194

Investors now holding Bitcoin are more dominating to make long-term Investments, because they are completely confident in Bitcoin and this does not make them disappointed, now Value is still in a low situation, people in general will know this is a good buying period for they Invest and recommended long term, we believe it will go up, and if long term it will be more fantastic.

So so far we're still looking at the market, and investors or also with crypto traders are taking this gap very well, now instead of constantly researching when it will increase we prefer to watch the price to buy and invest long term, to be honest Investors have been doing it since the correction arrived a few weeks ago or months ago.

Investors are showing good interest in their long-term investment plans, but current market conditions seem to frustrate them and be cautious when making entries. I believe many investors are willing to wait for the right moment to buy more, for example when people dispose of assets at a loss.

Of course price speculation will be important to maintain interest especially in the quest to turn a profit. I know long term investors will ignore price volatility and they will stay focused on the plan, but when the market provides opportunities for accumulation then of course they will accumulate it. For now bitcoin price has traded back above $26k, but I think the high selling interest just means that $26k isn't going to be a good support to look at right now.

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June 11, 2023, 11:35:41 PM
 #195

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
It's very obvious that bitcoin doesn't remain constant in a price, the price of bitcoin fluctuates and don't expect that the value bitcoin today will remain the same in the next five days, so therefore I believe that bitcoin price can depreciate in price or either increases that's the way of bitcoin from my perspective,  whenever bitcoin is having fluctuations in price you don't need to panick and sell out your cryptocurrency, what you need is to calm down and study the chart of the market to know if the market will rise again or it will experience a huge downfall, it depends.

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June 11, 2023, 11:47:42 PM
 #196

Arguably we have stopped rising with the loss of the 50 day average and now a weekly bar closing below the 200 week average it could be said to be seriously challenged.   We may be at a standstill if not a proper decline over more then just the short term.   I'm waiting for it to play out but we're seconds away from the daily and weekly close for those bars and we remain below about 26.3k for the longest term estimation of BTC momentum the 200 week.   So very challenged and not near to a rise currently, unfortunately quite clearly the case.

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June 12, 2023, 12:43:25 PM
 #197

For the long term bitcoin will continue to rise and record ATH will continue to occur, even though it will take a long time but I am never worried if there is a red market, if we know bitcoin for at least 3 years then I am sure I will always make bitcoin for long term investment, or if make daily trading then it will buy and then sell on spot exchanges by adding profit.

For long-term investments there is actually no reason to worry when the market may be red and this is a cycle that often occurs as long as we are in the Cryptocurrency area, those who are old investors have mastered this, and they also do the same thing when the market is in red, to be honest now is the time the market is turning red during the correction of the past few days and weeks.
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June 12, 2023, 06:38:18 PM
 #198

Bitcoin will continue its bullish path but it also needs to be above $30k in price,
otherwise there is nothing more I can talk about other than waiting for the Bitcoin price to break $30k and reach $50k!

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June 13, 2023, 02:58:29 PM
 #199

Bitcoin certainly has the opportunity to continue to rise, of course the factor that is important is the number of users which continues to increase, and halving occurs every 4 years which makes mining stock increasingly difficult and keeps demand on the market increasing.

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June 13, 2023, 03:34:12 PM
 #200

Bitcoin will continue its bullish path but it also needs to be above $30k in price,
otherwise there is nothing more I can talk about other than waiting for the Bitcoin price to break $30k and reach $50k!

$30k was the peak last month, it has to come down to $25k or maybe below it before it will go up again. Since they want to get serious about lawsuits, the price could plummet to $21k or to its last year's bottom which was $16K. Sad as it may be, the possibility is high if this crackdown continues. This is the saddest bear market in all cycles that happened.

You'd be wishing it's the last quarter of the year already because that might be the time when BTC will try to climb.


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