Month of May. Bitcoin price guess

[Oshosondy]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

[1714909508]

1714909508

[Adbitco]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

[Oshosondy]

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

Bitcoin was better in January, but not bad in April too.

On January 1st, the price of bitcoin was $15550, it increased to $23950. It was at 23125 at the end of the month.
On April 1st, the price was $28460, it increased to $310000. It was $29230 at the end of the month.

[kotajikikox]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

it is a good start for May 1st now because Bitcoin price is almost 30k so any chance of gaining more is there and I also predict the it could be
some sort of recovery and with May is coming and yes mid of the second quarter? i love seeing this going more this month.

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

Aiming for 35k mate , this is for me the start of the making of another growth.
 and I will never forget that 2024 is coming meaning? Halving is there and yes for the next couple of months from 2024 , there will be the highest expectation again.

but if 40k is broken , then i will love seeing the next step .

[Reatim]

I thought this will be another Poll mate but seems to be missing the chances to vote?
but talking about the coming price this may? not sure if there will be a big difference from Bitcoin movement now as April and May the coming month?

because the graph shows nothing big interesting .



Let me Hope with you guys , I like it when the price keeps  increasing .

[OcTradism]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

I don't put my capital at risk with my guess, prediction or any uncertain thing.

"Sell in May and go away", did you hear about it?

If you have Bitcoin, you can hold it and ignore all price movement not only in the new month May 2023 but rest months of this year. Next year, it will have a next block reard halving and you will see a beauty of its parabolic price growth with its next big bull run.

I don't see need to put myself into headache situation by guessing, predicting, gambling with leverage and facing with forced liquidations.

Let's simply count down time till its next halving with about 362 days more to go.
https://www.bitcoinblockhalf.com/

Halving progress https://buybitcoinworldwide.com/stats/halving-progress/ and comparison of different bull market eras https://buybitcoinworldwide.com/stats/compare-bull-markets/

[adaseb]

Hard to say.
Going to be a big month.

Basically we got the fed decision. And now we are dealing with First Republic Bank. What if more banks fail? Should  be bullish because it’s Bitcoin but bad because we might enter another global financial collapse and have a long recession.

I will say we will finish at $30K which is where we are right now.

[hugeblack]

I do not see a sufficient reason for the price to rise to several new levels, and therefore we will be lucky if we see rises within the limits of the next resistance level represented by the highest above $32,000, reaching $36,000, but it is very difficult to reach $40,000 levels.

So assuming that, it is safe to say that we will get a correction at $30,000 or keep that price as a peak of current prices, with a price range from $31,000 to $27,000.

The prediction for a month is relatively far away and there is a monthly contest here ---------> https://bitcointalk.org/index.php?topic=5447399.0. I hope they will renew it for May.

[Don Pedro Dinero]

I believe we will end the month a little above $30,000, between 30 and 40 thousand, that is if we don't have bad news in the economy in general that could affect bitcoin as well or bad news specific to the crypto ecosystem. Little by little there is less and less left for the halving, and although the big rise usually occurs a year after the halving, there is also a trend in previous months to the price rise. Moreover, it seems that the low point of the bear market has been reached and is now behind us.

Therefore, I believe that there is going to be a moderate upward price trend.

[yhiaali3]

I see that bitcoin will continue to rise in the month of May, most likely the price of bitcoin will be between 30-35k$. I wish bitcoin would let me down and go further.

Of course, it is not excluded that we will see some corrections, but the path will be mostly bullish in the long run. I expect that the positivity will begin significantly when Bitcoin breaches the 32,000$ price.

[Rabata]

This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

In 2021 Bitcoin price came down again from the all time high to $16000 and about 1 year Bitcoin price was staying at $20k. From that position Bitcoin started to turn bullish again. Bitcoin behaved very positively in the month of March and April. Investors' confidence has also been increasing tremendously in recent times. As a result, we will gradually see the Bitcoin rumble, and I will consider this May as an important month Bitcoin. Because Bitcoin has the potential to gain 25 percent within this month from its current price. As such, I think Bitcoin price may rise to $35k by this month may.

[Edwardard]

because the graph shows nothing big interesting .

The catch is to get in before the graph gets interesting. We're only ~2.5x away from a new ATH

"Sell in May and go away", did you hear about it?

I maybe wrong, but I don't believe this will be the case this time. It could be like "Come in may and blow away"
I guess the price could somewhat close between 38k-40k (a 10k$ pump from here in 30days is pretty sensible I hope).

[rodskee]

"Come in may and blow away"

Love the quote mate and this seems tobe a hopeful thoughts for every bitcoin investors and expectant because mostly we read that opposite replies
in which advising people to keep distance in May Month.
but with this then I love the sense of the terms you use and yes lets come all in invest .

I guess the price could somewhat close between 38k-40k (a 10k$ pump from here in 30days is pretty sensible I hope).

Well this is big comparing to what is the price and movement now.
it drops again to 28k and yes continues to fall.
if I will look and believe that 38-40k , then we are having a correction now?

[CapGelatik]

I think Bitcoin will be bullish in May, right now we have seen Bitcoin has rebounded,
even though reportedly there will be high volatility this week,
but I believe this volatility will be reasonable seeing that some altcoin prices have also rebounded,
of course from that Bitcoin also has the potential to $ 35k this month.

[Adbitco]

Snip

Bitcoin was better in January, but not bad in April too.

On January 1st, the price of bitcoin was $15550, it increased to $23950. It was at 23125 at the end of the month.
On April 1st, the price was $28460, it increased to $310000. It was $29230 at the end of the month.

With the panic on bitcoin price I believe this month of May will be very good than the past 4 months, which has been a lifter of price and I am still optimism about the price of Bitcoin still maintain 30k plus..

So, here are two things very possible in price this month. If bitcoin cross the price of 35k then seeing 40k is possible but In a way we couldn't see 35k then it will only dangle around 26k to 35k till the month May runs out.

[hatshepsut93]

This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

I wouldn't look into some stable patterns, because Bitcoin always defies them. The last bull runs double top was something that never happened before. It shows that there's always a first time for everything. So there's a possibility that the next bull run will start earlier than expected. Or later than expected.

[ajiz138]

Bitcoin was better in January, but not bad in April too.

On January 1st, the price of bitcoin was $15550, it increased to $23950. It was at 23125 at the end of the month.
On April 1st, the price was $28460, it increased to $310000. It was $29230 at the end of the month.

It's not too bad there is always an increase even though there was some at the end of the month to be a correction but I believe in May it will be even more positive if the price can still hold well around $ 28k and I say it's not too bad just need to be optimistic.

I would like to see some recovery this month with the forward resistance looking to be stronger but eventually, it will reach a point that becomes price support.
If bitcoin can go above $35k a possible breakout to the $40k level will be easier.

But there are always factors going forward but we don't know what will happen.

[dansus021]

I like Speculation Board a lot, My prediction in May would probably go around sideaway at the @30K level but it would be crazy if we could break that 35K level. If we talk on my previous post https://bitcointalk.org/index.php?topic=5450854.msg62180687#msg62180687

The really bull run according data from the past would be July so this month and next month would be great for accumulating more or doing Dollar Cost Averaging

[Reatim]

because the graph shows nothing big interesting .

The catch is to get in before the graph gets interesting. We're only ~2.5x away from a new ATH

Confidence huh?  but year that's it as we are 2.5x to break the old ATH and indeed that we are getting near that price as the value now is sustaining the at least 30k value or close to this.

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

though it keeps lowering from 29k and yes hard to stay at 28k now , yet I believe that there are more coming in the next months or at least in the 2024-2025?

I like Speculation Board a lot, My prediction in May would probably go around sideaway at the @30K level but it would be crazy if we could break that 35K level. If we talk on my previous post https://bitcointalk.org/index.php?topic=5450854.msg62180687#msg62180687

The really bull run according data from the past would be July so this month and next month would be great for accumulating more or doing Dollar Cost Averaging

there is already a thread running about the speculation of bitcoin this may and it is just above this post and indeed that many believes that it will be a sideways that we are looking soon.

[irhact]

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

My guess for May will be $35k, Bitcoin held very strong throughout the month of April with the price between $28k and $30k and that means we have very strong support in that area which gives me more confident that we won't be dipping to lower prices instead we should be expecting a bounce back of the market and I think it bouncing to $35k in this month is very possible.

I don't want to be too optimistic and go with your prediction of $40k, that price too is possible this month but that means Bitcoin would be increasing with $10k profits which is very huge due to the market condition we're in at the moment which is the bear market so Bitcoin going to and fro between $30k and $35k will be my guess.

[Lucius]

I believe that the closer we are to the halving, that the demand will increase because everyone will want to buy while it is "cheap" in order to sell when the big bull run starts. Therefore, it is realistic to expect that the current positions could be maintained, and the increased demand could push the price of BTC upwards.

To me, any price in the range between $30k and $33k would seem like a good success for this month as an indicator of the positive trend that has prevailed since the beginning of this year. However, we should not be surprised if the opposite happens, because some bad news can always appear and have a negative effect on the market.

[Asiska02]

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

After much speculation and guessing of the bitcoin price in the month of April by many individuals, the price of bitcoin did not exceed the expected price of $30000 before the end of the month. If there is no major event that causes the market to rise dramatically this month, I do not believe we will be above $35K - $38K by the end of the month.

[globalpain]

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

After much speculation and guessing of the bitcoin price in the month of April by many individuals, the price of bitcoin did not exceed the expected price of $30000 before the end of the month. If there is no major event that causes the market to rise dramatically this month, I do not believe we will be above $35K - $38K by the end of the month.

it seems that in May, the movement of the crypto currency market will be very interesting, because the determination for Bitcoin can also start in Q2 to Q3,
if Q2 and Q3 can be bullish then many experts will think 2024 Bitcoin is bullish, yes I myself also analyze it because Bitcoin is still above $ 20k so you can say bullish can continue,
especially since yesterday $ 30k was passed and unfortunately it was corrected again, so hopefully $ 30k can be passed again and reach $ 40k this month.

[dragonvslinux]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

Maybe around $32K? Slightly higher than than months high. To me a correction is looking increasingly likely with $28K and 50 day MA struggling to hold as support, so I think at a minimum $25K previous resistance will be re-tested as new support, or failing that $23K. But I also think price can recover quickly from these levels, similar to the recovery from $20K to $30K, creating a bullish wick on Monthly time-frame.

So overall not expecting much of a higher price this month unless $28K can hold as support, but certainly a bullish wick can be created if we see a correction at the start of the month followed by a recovery towards the end. Then even if price only closes around $30K again for a negligible monthly price increase, it could well be a 20% to 25% increase from the monthly lows which would be very bullish for June.

[justdimin]

Well this is big comparing to what is the price and movement now.
it drops again to 28k and yes continues to fall.
if I will look and believe that 38-40k , then we are having a correction now?

Having that type of increase is not unlikely, I mean we have seen about 30% increase before in a month and it could be once again this month too. However, we are not going to see something that huge if you ask me, is it possible? Sure it is possible but I feel like that won't be the case. I think more like 34-35k range is more likely because that is around 10-20% range of increase for a month and that is a lot more likely and will be the result.

Having a 10-20% increase is nothing short of great. I hope that it will get better and we should be considering that type of profit once again, I am not sure if that will happen quickly though, not the first week of may right away, I think it will take a while like maybe third week of the month before we see those prices.

[AnonBitCoiner]

Price prediction is not easy and I think prediction not always become true so select bitcoin whatever the price is because everyone knows better that bitcoin will one day fulfil your dreams.

Bitcoin in April possess a good price but now its slightly dump from 30k$ to 28k$ but we don't investigate this month as a bad month due to such dip because we know that price regularly changes sometime it is high and on other moment it decreases.

As the price now 28k$ so there is a great chance that it will go up very soon and it will touch 31k$ in recent month so as the price is slightly down therefore it's better for those who missed the opportunity to become a bitcoin investor.

[Ojima-ojo]

The prediction for a month is relatively far away and there is a monthly contest here ---------> https://bitcointalk.org/index.php?topic=5447399.0. I hope they will renew it for May.

Thank you for sharing this link I have been looking for relevant threads where I can participate in such a Bitcoin price contest since the volatility in Bitcoin price has given us the chance to speculate and predicts its price at whatever time, and back to the topic.

Bitcoin is currently $30k resistant will hold us back for a while up until the middle of May and btw this period, Bitcoin will possibly fluctuate between 27k-28k and up to $29,900+ it's likely possible to see a rise to around $31k but there won't be enough bitcoin liquidities to keep that 31k momentum for long and any one looking to DCA should possibly liqudate at the 31k price, but holding and consistent accumulation all throughout may be a good position for now since this price range is still a good entry position since bitcoin will rally around this price for a while before possible 40k price average in the second quarter of the year 2023.

This is just my speculation for the month of may and not investment advice since Bitcoin price can go in a whole different direction against my predictions.

[RealMalatesta]

This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

In 2021 Bitcoin price came down again from the all time high to $16000 and about 1 year Bitcoin price was staying at $20k. From that position Bitcoin started to turn bullish again. Bitcoin behaved very positively in the month of March and April. Investors' confidence has also been increasing tremendously in recent times. As a result, we will gradually see the Bitcoin rumble, and I will consider this May as an important month Bitcoin. Because Bitcoin has the potential to gain 25 percent within this month from its current price. As such, I think Bitcoin price may rise to $35k by this month may.

The last quarter or the final months of 2021 is bullish. The price only fell down in 2022 which is normal because a bull is usually followed by a bear. On this year, the bear is now starting to wear off because we are seeing an increase that we don't witness last year. It's the first three months, that triggers this increase but the fourth one (April) is a little gloomy so many are in doubts that the month of May will be the same.

Each month is important whatever the price is, because people will just buy or sell but there are some who will wait for the best selling or buying point. On this new month of May, I think the price will get back on $30k but I don't expect for a $35k.

[Mpamaegbu]

The catch is to get in before the graph gets interesting. We're only ~2.5x away from a new ATH

Speculating about Bitcoin price for May, it doesn't look like what will favour Bitcoin much because from the monthly candle close on the chart, price seems indecisive. It's a contest between buyers and sellers with wicks both ways. So, I don't expect to see much in price movement to the upside this May. It's more likely that price will end up with what it's now at the end of the month than breaking out of the $30k region and staying above it. I expect price correction more this May.

[Wapfika]

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it seems that in May, the movement of the crypto currency market will be very interesting, because the determination for Bitcoin can also start in Q2 to Q3,
if Q2 and Q3 can be bullish then many experts will think 2024 Bitcoin is bullish, yes I myself also analyze it because Bitcoin is still above $ 20k so you can say bullish can continue,
especially since yesterday $ 30k was passed and unfortunately it was corrected again, so hopefully $ 30k can be passed again and reach $ 40k this month.

Who is these so called experts and how does their words about Bitcoin prediction will have any value at all. You might be describing those influencers and shit CEO of a certain company that either have a Bitcoin holdings or bashers of Bitcoin. Q2 and Q3 of Bitcoin doesn’t assure that it was bearish or bullish. The price movement still depends on the market sentiment and traders speculation on the Bitcoin price. Bullish market always start on last quarter of the year based on the previous history of bull runs and not the typical pump and dump.

Most of the time, price action on the middle of the year is like the sideways since it will just pump and dump. The Q1 and Q4 always dictate the direction of trend of Bitcoin price. Forget expert opinion and just Bitcoin process of price growth. People will just made speculation biased on what’s the status of their Bitcoin holding while chart history record will foreshadowed what’s gonna come next.

[_BlackStar]

My guess for May will be $35k, Bitcoin held very strong throughout the month of April with the price between $28k and $30k and that means we have very strong support in that area which gives me more confident that we won't be dipping to lower prices instead we should be expecting a bounce back of the market and I think it bouncing to $35k in this month is very possible.

I don't want to be too optimistic and go with your prediction of $40k, that price too is possible this month but that means Bitcoin would be increasing with $10k profits which is very huge due to the market condition we're in at the moment which is the bear market so Bitcoin going to and fro between $30k and $35k will be my guess.

Anything could happen even now bitcoin still hasn't broken through $30k since the correction. Yesterday the bitcoin price failed to break through $30k after a re-test, but that has instead triggered a sell off which resulted in my profit percentage dropping quite a bit. If basically bitcoin can dump 5%-10% in 1-2 days, then the same can be expected when bitcoin recovers its price.

In May? $40k seems hard, but if the market turns really bullish, then $40k seems like nothing for bitcoin.
But I think $25k - $30k sideway, seems more reasonable than expecting a higher price. But regardless, bitcoin is an asset that can easily move up and down, so no one can say for sure what happened for sure even in a much closer time frame.

[rahulzx]

 According to previous data, 2023 btc May month price can be predict as green when considering 2019 data, though it seems fair btc only performed only once consecutive 5 greens in history so that we can assume that it will low percentage possibility to happen this time, btc being red in this May might be healthful to the market when considering natural theories that use in trading. Guys what do you think? (chart from coinglass site)

[GeorgeJohn]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

You don't have to speak in bitcoin increment or decrement with assurance, because their is tendency that bitcoin price might collapse in this may, and the price of bitcoin in April go higher than May price, from my observation and experience in bitcoin price, I think what emanates or triggers the increment of bitcoin is as result of the gravity of bitcoin demands, so I believe that increment of bitcoin is determined only if the demands is higher the supply,  and secondly when their is positive information about bitcoin from a potential countries, or countries that have influence.

[milewilda]

 According to previous data, 2023 btc May month price can be predict as green when considering 2019 data, though it seems fair btc only performed only once consecutive 5 greens in history so that we can assume that it will low percentage possibility to happen this time, btc being red in this May might be healthful to the market when considering natural theories that use in trading. Guys what do you think? (chart from coinglass site)

--

Actually seen out this image on the internet which if we do make out some history tracking or trying to look back on whats those movement in the month of May on past years then it would be still averaging
on the positive side which i could say that it would really be that good.It does have that 6 reds and 5 greens which it wont really be that much of an issue since the average is on the plus side.
The month which i do see the worth is on the month of September. We dont know if this one would really be still happening on this year itself or would be seeing some greens.
It is really that always been hard to have that approach on making out some conclusions on a market which is totally that unpredictable or something that random.
This is why we do make up those speculative approach which it would really be just a normal approach because there's no way on predicting prices ahead.
Now the market is starting up to recover after some short decrease on past days.

[Adbitco]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

You don't have to speak in bitcoin increment or decrement with assurance, because their is tendency that bitcoin price might collapse in this may, and the price of bitcoin in April go higher than May price, from my observation and experience in bitcoin price, I think what emanates or triggers the increment of bitcoin is as result of the gravity of bitcoin demands, so I believe that increment of bitcoin is determined only if the demands is higher the supply,  and secondly when their is positive information about bitcoin from a potential countries, or countries that have influence.

Speculation is what makes the price interesting and give hope to investors, Yes this is true there's no assurance price will increase or decrease but one thing certain about bitcoin is that we must get either increase or decrease in price. As for the demand I know is somewhat not too certain as well because despite a high volume of demand a common news can easily influence the market and shrimp holder or even crab holders would panicked and sell of immediately the supply will supercede the demands.

[DiMarxist]

To predict bitcoin price is not easy, is very difficulty the price always speculates, but anything can happen the minutes, I would like to see some recovery this month with the forward resistance looking to be stronger but eventually, it will reach a point that becomes price support. If bitcoin can go above $30k it's a possibility of breakouts to $35k will be easier this month. The price was $27k this morning and now the price is $28k. This month may will make bullrun in the market.  I think the price will get back on $30k and grow up to $35k.

[Mr.suevie]

To predict bitcoin price is not easy, is very difficulty the price always speculates, but anything can happen the minutes, I would like to see some recovery this month with the forward resistance looking to be stronger but eventually, it will reach a point that becomes price support. If bitcoin can go above $30k it's a possibility of breakouts to $35k will be easier this month. The price was $27k this morning and now the price is $28k. This month may will make bullrun in the market.  I think the price will get back on $30k and grow up to $35k.

That's really the fun part in these speculations because everyone actually has his or her opinion and no one is ever an expect when its comes to speculating the price of bitcoin. Bitcoin has surprised everyone this year on its fast recovery from the bloody year of 2022 when it down drastically to 16k to 30k in 2023 and the year is still young which means we are likely to see more increase so am speculating its price is going to reach up 38k in this month.

[GeorgeJohn]

Speculation is what makes the price interesting and give hope to investors, Yes this is true there's no assurance price will increase or decrease but one thing certain about bitcoin is that we must get either increase or decrease in price. As for the demand I know is somewhat not too certain as well because despite a high volume of demand a common news can easily influence the market and shrimp holder or even crab holders would panicked and sell of immediately the supply will supercede the demands.

People who do panic in cryptocurrency and mostly when bitcoin price decreases, is who doesn't know the rudiments of bitcoin, so therefore I believe that bitcoin have to do with fluctuating in price, so if you are no conversant with the price,  definitely you will panic, as we have known the tactics or the system of valuations, so we don't need to complain of bitcoin decrement whenever it happens and sell out our bitcoin under panic or fear, so that's why I said that it's only someone who has experience multiple times of bitcoin price rotation can endure when the price becomes physical unbearable, and secondly, its the negative speculation of people that motivate new investors to sell out their coin.

[kotajikikox]

 According to previous data, 2023 btc May month price can be predict as green when considering 2019 data, though it seems fair btc only performed only once consecutive 5 greens in history so that we can assume that it will low percentage possibility to happen this time, btc being red in this May might be healthful to the market when considering natural theories that use in trading. Guys what do you think? (chart from coinglass site)

That is if history repeats itself or doing similar to what happened in 2019 (that is also 2 years after the ATH recorded right?
but even if it is green as we starts 28k this May meaning of we maintain 29-30k is still green correct?
hoping that green means 32k and above price that i believe is fair to reach now.

[OgNasty]

I think we are likely to trade sideways until the market has more guidance on the mtgox distribution. Everyone knows it’s coming and will likely happen sometime between now and the end of the year. Traders are probably going to want to be short when that happens, so I suspect once the first payments go out we’ll see a selloff. What month that happens in is a guess at this point.

[octobuzz]

Those that chose below $30000, bitcoin has disappointed you   : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

The price of Bitcoin tends to be affected by so many factors but considering the fact that it crossed $30k last month, it would likely surpass that mark again and get up to $35k. All things being equal, it might stay there before the month runs out.

[uchegod-21]

but talking about the coming price this may? not sure if there will be a big difference from Bitcoin movement now as April and May the coming month?

April rose to unexpected and then the current price of bitcoin is clearly showing that we are in the era of bull market. The bear period is gone and we may not see it again till the next circle. If we so believe that the bear period is gone, that means it is so possible that bitcoin will out perform what happened last month.

because the graph shows nothing big interesting .



Let me Hope with you guys , I like it when the price keeps  increasing .

If you zoom the chart to 1 month, we can get the overall movement of the market and know where the strong support and resistance is. The market may likely cool off at $25k and make another strong movement to break $35k

[EarnOnVictor]

but talking about the coming price this may? not sure if there will be a big difference from Bitcoin movement now as April and May the coming month?

April rose to unexpected and then the current price of bitcoin is clearly showing that we are in the era of bull market. The bear period is gone and we may not see it again till the next circle. If we so believe that the bear period is gone, that means it is so possible that bitcoin will out perform what happened last month.

because the graph shows nothing big interesting .



Let me Hope with you guys , I like it when the price keeps  increasing .

If you zoom the chart to 1 month, we can get the overall movement of the market and know where the strong support and resistance is. The market may likely cool off at $25k and make another strong movement to break $35k

Nicely said, at least you are constructive enough, however, we see the market with different eyes at times, and presently, I will call it a short-term bearish trend market. Your disposition seems long-term but we should not forget that what will happen in the long term will start with the short term. This is why I will like to respect a bearish view for now in May, and if things change, I will then adjust.

My bearish bias was activated the moment Bitcoin breached below $29,246 on the daily chart and it will take a break above $30,934 (Year high) to be bullish.

[lixer]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

The month didn't start very well with Bitcoin price falling from $29k to $27k within two days and is still dropping in value by this time, this clearly shows that the correction is still stagnant and we can see lower prices this month. I was thinking that the least we might see will be $25k but from the look of the price right now, I think that's not going to be the case.

If it continues like this, the price will touch $20k in May and may rise back to $30k within the same month if there are huge buybacks and buying pressure when it touches lower areas, there will also be a lot of panic selling for sure.

[Franctoshi]

The market right now is stucked around $27k-28k, big indecision in the market and looking at where the price is , I'm short term Bearish as we fail to break above 30360 and retain that level , possibly the bears are trying to take charge and push the price low to test $25000  range , however I'm very bullish mid term and long term on Bitcoin.

[bestcoins1]

The price of Bitcoin tends to be affected by so many factors but considering the fact that it crossed $30k last month, it would likely surpass that mark again and get up to $35k. All things being equal, it might stay there before the month runs out.

Setting a price is a very difficult thing and in this month Bitcoin price also won't stay in the $28K range you see right now in the market. Because as long as there is a better buying impulse in Bitcoin, a price increase is still very likely to occur this month even though the buying impulse is also influenced by several factors such as good moments and also good news for the economic sector which can trigger investors to put in more money into Bitcoin.

[ivankoh]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

The month didn't start very well with Bitcoin price falling from $29k to $27k within two days and is still dropping in value by this time, this clearly shows that the correction is still stagnant and we can see lower prices this month. I was thinking that the least we might see will be $25k but from the look of the price right now, I think that's not going to be the case.

If it continues like this, the price will touch $20k in May and may rise back to $30k within the same month if there are huge buybacks and buying pressure when it touches lower areas, there will also be a lot of panic selling for sure.

Since January, bitcoin has gained the upper hand and recreated the market with impressive growth. I think there is a slight slowdown in May, a high probability of sideways and peripheral news could put pressure on the market although the trend of bitcoin is still upbeat. price movement could be 25k-28k i believe it will be easily absorbed by the market and i guess the long term trend will continue to get stronger towards this range

[sana54210]

Price prediction is not easy and I think prediction not always become true so select bitcoin whatever the price is because everyone knows better that bitcoin will one day fulfil your dreams.

Bitcoin in April possess a good price but now its slightly dump from 30k$ to 28k$ but we don't investigate this month as a bad month due to such dip because we know that price regularly changes sometime it is high and on other moment it decreases.

As the price now 28k$ so there is a great chance that it will go up very soon and it will touch 31k$ in recent month so as the price is slightly down therefore it's better for those who missed the opportunity to become a bitcoin investor.

It is doing alright though, isn't it? I mean up 5% in the last week, that seems like a good deal. Time flies pretty fast, April still ended with a profit if I am not wrong, sure not a lot but a bit of a profit and that should be a good one. I feel like we are at a turning point where it is doing as well as hoped for but not at the very top.

I know that people will always be in trouble if they keep this up and the price keeps on being questioned, because if you keep having a doubt about bitcoin then the price could never go up. I think that the best thing to do would be trusting that the bitcoin price could go up, if you keep trusting that then you are going to see the price go up as well and it should be doing a lot better eventually.

[Nrcewker]

Bitcoins are continuously struggling in this 29k price segment. I mean the pulls are here strong for which Bitcoins are unable to break the resistance and hence it is unable to climb up in price. This year, Bitcoins are bound to break the All time high price, but I think May is still very early to see that reflecting. If Bitcoins manages to surpass 35k usd by the end of this Month, then definitely at around September we can see something big from the coin. For the time being I am estimating Bitcoins will rest at around 35k usd in May.

[Falconer]

The market right now is stucked around $27k-28k, big indecision in the market and looking at where the price is , I'm short term Bearish as we fail to break above 30360 and retain that level , possibly the bears are trying to take charge and push the price low to test $25000  range , however I'm very bullish mid term and long term on Bitcoin.

In the longer term I think a lot of people will actually believe that bitcoin is going to be very bullish, that's because the expected 2024 halve will hit new ATH. While it is very uncertain to determine where bitcoin will go in the short term especially when the time frame is narrowed down to one month, I agree with the assumption that in May the price will go sideways between $27k to $30k.

The bulls are turning gray after the early May correction, but a small advance is always possible especially to test how strong the $30k resistance is. If bitcoin manages to break that resistance in the first week of May, then I think $31k will be broken through to find new resistance. My prediction, $35k is the high price for May.

[Sexylizzy2813]

Bitcoins are continuously struggling in this 29k price segment. I mean the pulls are here strong for which Bitcoins are unable to break the resistance and hence it is unable to climb up in price. This year, Bitcoins are bound to break the All time high price, but I think May is still very early to see that reflecting. If Bitcoins manages to surpass 35k usd by the end of this Month, then definitely at around September we can see something big from the coin. For the time being I am estimating Bitcoins will rest at around 35k usd in May.

Definitely Bitcoin is struggling to go higher instead going down than the current prize 29k. Was thinking it would be around 60k by now base on the prediction from last year that this year it would go higher than we're seeing. The year is still fresh at the moment but I'm certain that by the end of the first half [the end of June] of this year it would go higher than 60k like I said earlier.

[peter0425]

May for me is a positive month and I believe that We are aiming to record another High price against April because of more good news coming aside from the recession that we knew the main reason of this small correction recently .

from what we can see in the graph that bitcoin staying in strong position at least in 27k and that must be celebrated considering that from January to march we have seen an continues fall.


Binance chart seems accurate and believable , seeing the green working against red ,
this simply imply that there are positive views in the coming days of May .

[CarnagexD]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

Price may get choppy or consolidate in the month of May. Historically, this month is bad month for most institutions and investors. So we could expect lesser volatility in the market because large funds or "whales" are derisking from their assets and so their put it in their liquidity or stable coins. It's the narrative of financial not in crypto but to the world. When interest rates, wars, and crises, put a perspective of positive then we could expect also a positive impact on economy and so to the prices of risk assets.

All in all, as long as BTC serves its purpose, usefulness, and tools aside from being a reserve currency, BTC will remain bullish in the long term.

[RewFrew]

Now a days Bitcoin price increasing. I think we entire in bull market. Gradually Bitcoin price increasing day by day. Now bitcoin price is $29000. I think in may Bitcoin price will $37000- $38000. And it will be continue. Because monthly candle showing this month will positive. So we can told month of may Bitcoin price will increase minimum 7k to 8k$. And it will happen it is my prediction.

[boyptc]

$35k.

This is what I'm thinking that will be the highest for this month. Anyway if it won't happen, it's fine and no heart feelings from it. But if Bitcoin is gonna sit and be firm from $25k-$35k then that's already a win for most IMO.

Now a days Bitcoin price increasing. I think we entire in bull market. Gradually Bitcoin price increasing day by day. Now bitcoin price is $29000. I think in may Bitcoin price will $37000- $38000. And it will be continue.

It won't just be increasing day by day, there will be some slips, the ups and downs of Bitcoin which is common. Some corrections has to happen for it to possibly come back higher after that very correction.

[rby]

from what we can see in the graph that bitcoin staying in strong position at least in 27k and that must be celebrated considering that from January to march we have seen an continues fall.

I really have eyes in what is happening at the $27k area of the chart. What seems like consolidation towards a pull or bull is being misinterpreted as a support. Could it be a force support?  Let us believe it's real because bitcoin is still climbing and this may continue steadily till we enter the bull market.

Binance chart seems accurate and believable , seeing the green working against red ,
this simply imply that there are positive views in the coming days of May .

I think the charts are same, or is there any thing special about Binance chart that makes it accurate and believable than other charts?
So far, the market has been fair since April and this May will not be a different situation.

[GeorgeJohn]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

One thing I want you to understand in bitcoin is that it doesn't have a room of disappointment in aspect of predictions, because when cross checking bitcoin increment and decrement, you will know that bitcoin doesn't have anything to do accurate predictions of its values,  because always in two states or conditions, (1) conditions is that fluctuations or fluctuating of bitcoin is not constant and secondly, accumulation of bitcoin is not also constant, so both is not dependable, because what you assume that can as well be the price of Bitcoin today can change and get into unexpected values, because of the technical technology that's behind the regulations of bitcoin increment, if someone predictions happen to match with the current values of bitcoin that doesn't me that the predictor is perfect because theirs every tendency tye price can drop at any point in time, so bitcoin price is not constant and it can never be constant, and if it happens the industry of bitcoin can never be valid.

[virasog]

The market right now is stucked around $27k-28k, big indecision in the market and looking at where the price is , I'm short term Bearish as we fail to break above 30360 and retain that level , possibly the bears are trying to take charge and push the price low to test $25000  range , however I'm very bullish mid term and long term on Bitcoin.

We cannot say with certainty that in which month the bitcoin price will break the resistance of 30,000$ and trade about it. Right now as it is clear that bitcoin is unable to break this resistance between 30k-32K. However, one thing is sure that the bulls are back in the business and there is a lot of buying pressure as bitcoin does not fall much and it is trading in a tight range.

Sooner or later this resistance may be broken and then i think bitcoin will fly towards the 45-48K area. At that moment there will be a lot of hype in the market for bitcoin going to all time high and we may see unusual price action in bitcoin.

[Sir Legend]

I'm still optimistic that May will go up and reach at least $35k, maybe there will be another decline but I'm sure May will slowly go up, now more and more companies and countries are continuing to develop bitcoin until one day it becomes easy for us to use transaction.

[Poker Player]

I agree with the sentiment of the majority. I think the price will most likely end the month above $30K, but without having passed $40K, as I don't see what could take us that high in such a short time.

I expect that, although with ups and downs, the price will continue to rise moderately as we are a year away from halving and that is what usually happens, although history does not have to repeat itself, but that does not mean that it will not necessarily do so. For the time being, we can hope that this is the most likely scenario.

If I had to specify further I would say between $32K and $35K.

[Questat]

Well, OP, the 1st quarter of this year has a lot of terrible events on the market that also have a negative of the price trend. It comes up but it drops again due to some negative issues.
Last month we got a good an increasing price, and a slow recovery but that is still okay at least the price of Bitcoin is able to reach $30k. And what are we gonna expect from this month of May? Can't assure but I don't expect a huge dump as well like it getting back below $20k instead, I was very optimistic that we remain on the $28k to $32k...

[Dave1]

Well, OP, the 1st quarter of this year has a lot of terrible events on the market that also have a negative of the price trend. It comes up but it drops again due to some negative issues.

But January alone we have seen 40%+ and up to this month, there is a good sign of recovery. Lowest low of $15,500 and we reach $31k, so that is already 2x this quarter. And I'm not sure what terrible events you are referring in the first quarter because it didn't reflect on the price itself.

Last month we got a good an increasing price, and a slow recovery but that is still okay at least the price of Bitcoin is able to reach $30k. And what are we gonna expect from this month of May? Can't assure but I don't expect a huge dump as well like it getting back below $20k instead, I was very optimistic that we remain on the $28k to $32k...

We might go sideways or we might see $32k, it really depends on the sentiment or if there is positive news that will come along this month. But I think we can say that the market is still very much in the bullish state, as we are still in $29k and no major correction.

[Lubang Bawah]

May is an important month whether this year the market will rise or dip. If May rises and can pass the highest price last month, which is around $ 30k, then we have hope to see new ATH again, but if May is still below $ 30k so it's hard to see the market rising this year.

[fzkto]

Bitcoin has been green for four months in a row, which is a long time. This has not been common in bitcoin's history. I assume that the correction, which started at the end of April, will continue in May. Statistically, May is not the strongest month in all markets. I don't expect a serious fall, but I don't think we will see an increase either.

[Fesatmas]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

In May I think Bitcoin will try again above the $ 30k price level, several times the rejection of Bitcoin in trying to stay at the level of $ 30k last April, if Bitcoin cannot touch the $ 30k price level then in May Bitcoin will only spin Among the price of $ 26k- $ 29k.
Judging from the Bitcoin line chart trend, the wayfall late II moved slowly in its increase, not the same as the price movement in April which was fairly high, this shows that Bitcoin moves like today, I just hope there is no FUD that can make Bitcoin continue experience correction.

[Odusko]

I am not entirely disappointed at the Bitcoin market price in April in fact, April is one of the months since the down price in 2022 November-December, this is what we should take note of before making any judgement about the subsequent months because the market condition has been on the green zone since the price of bitcoin makes many attempts to break out the bear zone by touching a 30k price severally before correcting back to below 30k Bitcoin price average and the resistance level have run between 27+ 28k and many attempts to climb up to 29k.

But then many traders who have speculated so much in the price have been disappointed at this moment since Bitcoin has controlled a price level that has made it hard to speculate what direction the market will go rightly.
So we are left to make speculations and wait for reality to prove itself, now that the price is sowing some green price movement we can take some DCA decisions.

[dragonvslinux]

Well I did initially think a pull-back prior to testing around $32K, but since $28K has held as support, I'd say more like $34K even $36K is possible for this month before re-testing $30K as support. Notably there is now the same amount of support at $28K as there is resistance (volume wise) at $30K, even $29K as the mid-level that price is currently getting above. Bears have failed to even test $25K or $26K as new support:



Price is also riding the 50 Day MA that's trending to the upside very quickly after multiple days of testing it as support (purple line). With price returning to a textbook bullish uptrend after weeks of consolidation, I think the likelihood of a pull-back this month becomes increasingly unlikely after all. Bare in mind that the 5/6 weeks of consolidation is what can provide the momentum for another big move around +20% to the upside.

Similar to the last two months, the only missing piece of the puzzle is volume. If that re-appears in favour of the bulls then price can move quickly back to the upside imo and catch a lot of speculators off guard.

[BobK71]

The market right now is stucked around $27k-28k, big indecision in the market and looking at where the price is , I'm short term Bearish as we fail to break above 30360 and retain that level , possibly the bears are trying to take charge and push the price low to test $25000  range , however I'm very bullish mid term and long term on Bitcoin.

Bitcoin Prediction is very difficult. Because it is capable of changing its direction in a short time. Because of this, the last two days, which was signaling the bearish tendency, it has started to rise again today. Currently traded on Bitcoin $29400. Bitcoin has increased by 2.5 percent in the last 24 hours. It is expected that it will be bullish next day as well. However, it can changes it's direction any time. The month of May just started. Hopefully this month Bitcoin will be at least above $35k.

[Wiwo]

The market right now is stucked around $27k-28k, big indecision in the market and looking at where the price is , I'm short term Bearish as we fail to break above 30360 and retain that level , possibly the bears are trying to take charge and push the price low to test $25000  range , however I'm very bullish mid term and long term on Bitcoin.

Bitcoin Prediction is very difficult. Because it is capable of changing its direction in a short time. Because of this, the last two days, which was signalling the bearish tendency, it has started to rise again today. Currently traded on Bitcoin $29400. Bitcoin has increased by 2.5 per cent in the last 24 hours. It is expected that it will be bullish the next day as well. However, it can change its direction at any time. The month of May just started. Hopefully this month Bitcoin will be at least above $35k.

Bitcoin have shown a more bullish signal rather than a bearish signal as you mentioned BobK71, one thing we must know is the fact that but raise and corrections in the price of bitcoin which signal the volatility nature of bitcoin and that is what make Bitcoin speculations a hard task.

Analyzing the entire market for a 3-4 month cycle could give you a better understanding of the Bitcoin chart and if you consider such a cycle you can be said to be right on your predictions of a possible 30k Bitcoin price between and during the space of 2-3 months, but we may rely on and around between the rang of 30k-33k for long and it may take us a full 6 months cycle for bitcoin to get to 35k.

[erep]

Analyzing the entire market for a 3-4 month cycle could give you a better understanding of the Bitcoin chart and if you consider such a cycle you can be said to be right on your predictions of a possible 30k Bitcoin price between and during the space of 2-3 months, but we may rely on and around between the rang of 30k-33k for long and it may take us a full 6 months cycle for bitcoin to get to 35k.

Based on the recovery movement pattern, the $30k price will last longer and it is likely that the market will increase 35k-40k in a 6 month cycle, we do not expect a market correction now because there is no significant recovery opportunity yet if the market correction falls below 27k again in this month, market conditions In May, we can predict a price range of 30k-35k for the recovery area because the market has the potential to reach high prices this year

[Dr.Bitcoin_Strange]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

I think Bitcoin price may not really go so high this month; IMO, the highest we should expect is $33k or below $30k (don't ask why, because I am not sure myself, just speculation). Although it's possible that Bitcoin can hit  35k–40kk this month, that's really going to be good and might be a good signe that we should expect more uptrend.

[STT]

I cant guess when we are on the precipice still, we dont know yet which way we go.

This is us in the vice still, do I know which way we break for sure.  Im wearing safety glasses as I dont know

So today is a positive day but its positive only upto this resistance registering a few times.   Of course we can presume we continue to gain and I do think BTC has positive action but I would much rather guess after we trade above and confirm above this ceiling.   Good volume today but not the best ever and not yet strong confidence, definitely dont presume gains.  I do presume sideways is the summary for some months yet, so I will often have to balance my positive view with a target to the downside many times also.  I remain undecided in wait.

[GeorgeJohn]

May is an important month whether this year the market will rise or dip. If May rises and can pass the highest price last month, which is around $ 30k, then we have hope to see new ATH again, but if May is still below $ 30k so it's hard to see the market rising this year.

We all know that the market of cryptocurrency is never be a stagnant one, and it's very clear and understandable that what increases the market of cryptocurrency in some extent is the gravity of the demand, the demand of Bitcoin can make the value Bitcoin change from the figure you see Bitcoin to a higher figure, it depends on demand and supply, so that's while I don't be astonished when I see the price decreasing frequently after it might have gotten to a point where people or investors seems like the price is encouraging, so I believe that Bitcoin price accelerate at any point in time and same is applicable to degradation of the price, so that is while when so people quickly purchase Bitcoin by having in mind that Bitcoin will continue growing up but out of sudden the price Falls to unbelievable point, so we can't have fixed point that Bitcoin will be arriving to. The price falling and rising is a determination of the demands and supply as I stipulated or portray above my comment.

[ilovealtcoins]

May is an important month whether this year the market will rise or dip. If May rises and can pass the highest price last month, which is around $ 30k, then we have hope to see new ATH again, but if May is still below $ 30k so it's hard to see the market rising this year.

Why is May an important month? What are you talking about? All the months are the same. We're very close to $30k and it shouldn't be too hard to get over it. But there is no proof that if bitcoin breaks through $30k, there will be a bull season or a new ATH. Even if it is $50k, bitcoin has a chance to fall back, bitcoin is unpredictable.

[Wong Gendheng]

If you look at the movement of the last 30 days, I think in May it will be the same as before, the current price is around $ 29k, and in my opinion the highest price range will not be more than $ 30k, but this is a good motivation for us to continue to buy before the expensive price and We can't buy anymore.

[ancafe]

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

The prediction space is wide open for anyone with various predicted price assumptions, then the question arises who can accurately predict the price of bitcoin?

The journey of bitcoin leaves history to be predicted and cycles to be a reference against which predictions are made, that is how speculators try to predict the price of bitcoin. Numbers are mathematically difficult to come by when people make predictions, but getting close to numbers is possible, hopefully in May is the first step for bitcoin to achieve halving and hope next year we will be close to ATH.

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

To be sure we have seen a figure around $29K and it continues to have a small correction on its way so far. Personally I don't think May will cross the $50K mark, as there may still be some caps preventing bitcoin from going beyond that price.

[justdimin]

The month didn't start very well with Bitcoin price falling from $29k to $27k within two days and is still dropping in value by this time, this clearly shows that the correction is still stagnant and we can see lower prices this month. I was thinking that the least we might see will be $25k but from the look of the price right now, I think that's not going to be the case.

If it continues like this, the price will touch $20k in May and may rise back to $30k within the same month if there are huge buybacks and buying pressure when it touches lower areas, there will also be a lot of panic selling for sure.

It is above 29k right now, it was about 29k give or take, just a few hundred dollars drop is nothing, even 1k drop is nothing in crypto, that is a tiny amount. Price could change so much drastically and shouldn't really be something you should feel worried about. Just know that this is not going to make you rich suddenly, and not going to make you poor suddenly neither, it is just doing stagnant regular movements and that is the normal version of the market.

Sometimes there are volatile periods when it goes up a lot and during those days you could see bitcoin move 10% higher or 10% lower and that would be understandable, there is nothing that could change at the moment and it will continue to be a lot worse than that, its going to be a terrible period.

[Paul Pogba]

The important thing that can make the price go up or explode again is this week it can reach $ 30k, if the price of $ 30k doesn't happen soon it is possible that the price range that will occur is like April, of course we hope that there will be no more big cases like FTX so that it creates big panic in the market, i think in may the price range is $26k to $32k.

[asrinur]

It is very difficult to predict with certainty what the highest Bitcoin price will be in May because bitcoin price movements are very complex and are influenced by many factors such as adoption, market demand, and regulatory issues. However, if you look at the historical trend of Bitcoin prices and patterns of price movements in the market, there is a possibility that the bitcoin price will reach $40k. However, it is important to remember that the cryptocurrency market is extremely volatile and highly susceptible to sharp price fluctuations. Therefore, every investment decision must be based on careful research, sound market analysis, and take wise steps to minimize risk.

[Semar Mesem]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

[fuguebtc]

It is very difficult to predict with certainty what the highest Bitcoin price will be in May because bitcoin price movements are very complex and are influenced by many factors such as adoption, market demand, and regulatory issues. However, if you look at the historical trend of Bitcoin prices and patterns of price movements in the market, there is a possibility that the bitcoin price will reach $40k. However, it is important to remember that the cryptocurrency market is extremely volatile and highly susceptible to sharp price fluctuations. Therefore, every investment decision must be based on careful research, sound market analysis, and take wise steps to minimize risk.

If you are a long-term investor, you do not need to analyze and care too much about short-term prices, making predictions is only for short-term and medium-term speculators. I as always, will not predict nor care much about the price of bitcoin, I only care about the beginning of the month will have a salary, and will use a part to buy more bitcoins for the 2025 plan. But I would be happier if bitcoin fell again than if it rose too quickly because my accumulation will be more difficult as the price increases.

[CageMabok]

May is an important month whether this year the market will rise or dip. If May rises and can pass the highest price last month, which is around $ 30k, then we have hope to see new ATH again, but if May is still below $ 30k so it's hard to see the market rising this year.

Why do you say like that? So far, I still don't believe in a market forecaster who basically can always change by itself and not even as predicted by many people. And in this case why are you so sure that if in May it doesn't increase above $30K, then it will be difficult for Bitcoin to increase again this year? Because for me it still doesn't make sense and doesn't make sense because the increase in Bitcoin doesn't depend on any month, other than on the level of demand and supply.

Why is May an important month? What are you talking about? All the months are the same. We're very close to $30k and it shouldn't be too hard to get over it. But there is no proof that if bitcoin breaks through $30k, there will be a bull season or a new ATH. Even if it is $50k, bitcoin has a chance to fall back, bitcoin is unpredictable.

I also don't know why he said that, even though he himself knows that Bitcoin is very difficult to predict and its increase will not depend on the month, but on the level of demand and supply. I agree more with what you say because basically it's not easy to say about bullish when Bitcoin starts to pass a certain price level in the near future. Especially if it is often colored by small corrections which are always an obstacle for Bitcoin to last long at high prices.

[Pamadar]

The month didn't start very well with Bitcoin price falling from $29k to $27k within two days and is still dropping in value by this time, this clearly shows that the correction is still stagnant and we can see lower prices this month. I was thinking that the least we might see will be $25k but from the look of the price right now, I think that's not going to be the case.

If it continues like this, the price will touch $20k in May and may rise back to $30k within the same month if there are huge buybacks and buying pressure when it touches lower areas, there will also be a lot of panic selling for sure.

It is above 29k right now, it was about 29k give or take, just a few hundred dollars drop is nothing, even 1k drop is nothing in crypto, that is a tiny amount. Price could change so much drastically and shouldn't really be something you should feel worried about. Just know that this is not going to make you rich suddenly, and not going to make you poor suddenly neither, it is just doing stagnant regular movements and that is the normal version of the market.

Sometimes there are volatile periods when it goes up a lot and during those days you could see bitcoin move 10% higher or 10% lower and that would be understandable, there is nothing that could change at the moment and it will continue to be a lot worse than that, its going to be a terrible period.

You need to assess very well to avoid making a mistake in placing your position,

I get the point where the market is getting volatile, which is common if you look back. The indication that the market will either will
pump or dump depends on the emotions of most traders around.

If you see a good amount of investors who are willing to buy and hold, believing that there's something good that will push the market
to rise up, then the direction will be on the bull side, but once there's a bad news or something that can bring fears, then expect that
the market will collapse.

[lionheart78]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

Well, there is not much news that can affect the market except for the recent congestion of the network and the current transaction fee surge.  I think this will affect the performance of Bitcoin, even though the market sentiment is leaning more toward being bullish.  The high transaction fee and heavy congestion of the Bitcoin network may discourage many new investors to hope into the Bitcoin economy but I do not think that it is enough to crash the Bitcoin market.  The best it can do is probably make the trend sideway canceling out the bullish sentiment of the market.

But obviously the market will change if there is a very strong catalyst that will move the market, but as long as this catalyst don't appear,  I believe the Bitcoin market price will be hovering in the range of $28k - $30 this month.

[Baoo]

To be honest, in beginning of this year we have seen a strong bull run, the price went from $17K in January to $28K in April. In conclusion, the value was progressing significantly until April. Unfortunately, it was awful month for BTC,  the price did not increase with a high value. From my perspective, the stability in market will continue during this month and it is too difficult to see a strong pump neither a dump. However, we should predict the unpredictable, the price might hit $35K and $40K in the near future probably within 2-3 months. In fact, only whales have an accurate predictions of Bitcoin. The whole market is sadly controlled by them due they are able to influence to price by moving their funds.

[Franctoshi]

I'm closely keeping tabs on this trend line ($27k -$28k) as it has acted as a strong resistance in the past and now acting as a support , I do think this has been the major reason why Bitcoin has failed to break below $27k having come several times to tap in that zone. Taking a closely look at it, that trend line has a major event, FTX dump and the previous low before we hit $15k the last dumb, it a very strong trend line holding up Bitcoin right now which is not gonna be easy for the bears to strike pass below.

[Smack That Ace]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

Well, there is not much news that can affect the market except for the recent congestion of the network and the current transaction fee surge.  I think this will affect the performance of Bitcoin, even though the market sentiment is leaning more toward being bullish.  The high transaction fee and heavy congestion of the Bitcoin network may discourage many new investors to hope into the Bitcoin economy but I do not think that it is enough to crash the Bitcoin market.  The best it can do is probably make the trend sideway canceling out the bullish sentiment of the market.

But obviously the market will change if there is a very strong catalyst that will move the market, but as long as this catalyst don't appear,  I believe the Bitcoin market price will be hovering in the range of $28k - $30 this month.

As far as I know, the cause of the network congestion was people massively joined BRC20, causing the bitcoin network to be congested for several days. This is nothing to worry about as the BRC20 trend calms down.

Regarding the bitcoin prediction for May, I also agree with some of the comments that bitcoin will swing around the 28-30k zone. It looks like this will disappoint a lot of people as most people expect bitcoin to break $30k and hit $35k. But for me, it's a good thing because there is more time to accumulate bitcoins, buying bitcoins at increasingly higher prices makes me a bit apprehensive.

[Negotiation]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

That's right bitcoin will rebound if not by May, although it's hard to predict the future of bitcoin with certainty, perhaps as technology and the financial system change, the use of cryptocurrencies will continue to grow and flourish. One of the key advantages of bitcoin is that it facilitates fast and easy international transactions, low transaction fees and does not require an intermediary such as a bank.

[BobK71]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

As volatility is high, it doesn't take much time for market conditions to change. The market may not be what it looked like in March. But not too much downside. Going up and down between $29-30$k. If there is any positive news, the market will continue to be bullish rapidly. The first week of March is over but may be we can expect upward from next week. Investors have to wait patiently for this. Bitcoin holders often have long-term plans ‍due to which the market is gradually strengthening and will head towards its destination. But since you don't know when will happen the bullish moment. That is why it is better to prepare one self before the bull market comes up.

[GeorgeJohn]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

Actually know one knows the next step of the market, because in the normal circumstances the market is basically rely on the hands of investors, sometimes people will come with their ideology and assumptions that bitcoin price will rise at this particular point in time without any proof, so speculations has taken it ground over cryptocurrency investment, probably we don't know the condition of bitcoin in May, it might increase or neither falls, nobody knows, whatsoever we do analyze for monthly increment of bitcoin it depends on our observation and studying the interpretation of chart, and which when two or four persons study chart of crypto Market  in different domination, they will definitely come with a different results, so therefore it's your understanding on cryptocurrencies will determination your predictions, so bitcoin accelerating in price this month is base on the gravity and the demands in the Marketcap.

[Jating]

I don't think there will be any surprises in May, maybe the price will be in the current range for a long time, namely $ 27k to $ 30k, of course we hope that there will be a big surprise like last March so the market will recover soon.

As volatility is high, it doesn't take much time for market conditions to change. The market may not be what it looked like in March. But not too much downside. Going up and down between $29-30$k. If there is any positive news, the market will continue to be bullish rapidly. The first week of March is over but may be we can expect upward from next week. Investors have to wait patiently for this. Bitcoin holders often have long-term plans ‍due to which the market is gradually strengthening and will head towards its destination. But since you don't know when will happen the bullish moment. That is why it is better to prepare one self before the bull market comes up.

It short it's going to be sideways, it was about to break $30k, as I see the price hitting $29,500. But then again, in the next 24 hours, it goes down again to the $28k price range, but if you look at the price right now, $29,020.

So yeah, doesn't make sense to sell right now, because of the volatility and even if you think that you have profited already, it's better to wait and we all know that long term is the game here. For sure, majority of us have experience the last bull run and bear market and we know what to do by now. So even if May is going to be a bad month, or if the price goes down again, it's better to take advantage by continuing to accumulate.

[TheGreatPython]

If you look at the movement of the last 30 days, I think in May it will be the same as before, the current price is around $ 29k, and in my opinion the highest price range will not be more than $ 30k, but this is a good motivation for us to continue to buy before the expensive price and We can't buy anymore.

Well, I somewhat agree with you about the price not going to go much above $30k this month. $30k has become the new resistance and as we've been watching, it has been having a hard time crossing that range pretty easily, and even if it does, it doesn't get to stay there for long and can't keep its value strongly so that it stays there.

I believe the price will go further down from this point, maybe around $25k or even a little bit below that, and it will take some time to recover from that range due to the increased selling pressure from panic sellers.

[DeathAngel]

My guess for the highest price in May is something like $33,000. I think the price is holding up well in reaction to a bunch of banks going bust in the US. Maybe this means the chance for further downside is limited. So yes, my estimate is that we will see a new yearly high of $33,000 in May.

[Oasisman]

My guess for the highest price in May is something like $33,000. I think the price is holding up well in reaction to a bunch of banks going bust in the US. Maybe this means the chance for further downside is limited. So yes, my estimate is that we will see a new yearly high of $33,000 in May.

Though I believe that kind of range is achievable this month, however  it seems like we opened the month of May in a bad way. If you all have noticed the Bitcoin transaction fee increased and I think it's over $15 per transaction now for high priority, otherwise your Btc will get stuck for several days. Mempool is clogged up and Binance have to halt Btc withdrawals for hours. For me, this isn't a good impression for the people who might have just entered the market and even those who's been here for some time, they might have a second thought about Bitcoin going forward.
My thought is that, Btc might pull back a little bit maybe around $25k and when mempool is cleared up it might rise again between $28k-$30k. Nevertheless, everyone must be prepared for the worst lol.

[rodskee]

Well this is big comparing to what is the price and movement now.
it drops again to 28k and yes continues to fall.
if I will look and believe that 38-40k , then we are having a correction now?

Having that type of increase is not unlikely, I mean we have seen about 30% increase before in a month and it could be once again this month too. However, we are not going to see something that huge if you ask me, is it possible? Sure it is possible but I feel like that won't be the case. I think more like 34-35k range is more likely because that is around 10-20% range of increase for a month and that is a lot more likely and will be the result.

of course possibilities are there, as in crypto there is no impossible to happen but remember that we must have basis for not having a failure
and over expectation and yes we have seen that increase happened before but there are more decrease than increasing if we will look deeper .

Having a 10-20% increase is nothing short of great. I hope that it will get better and we should be considering that type of profit once again, I am not sure if that will happen quickly though, not the first week of may right away, I think it will take a while like maybe third week of the month before we see those prices.

lets be realistic , that 2023 isn't the year for that as we can expect something good like this to happen but not that soonest .
maybe next year? why not right as halving is taking place?

[South Park]

My guess for the highest price in May is something like $33,000. I think the price is holding up well in reaction to a bunch of banks going bust in the US. Maybe this means the chance for further downside is limited. So yes, my estimate is that we will see a new yearly high of $33,000 in May.

Though I believe that kind of range is achievable this month, however  it seems like we opened the month of May in a bad way. If you all have noticed the Bitcoin transaction fee increased and I think it's over $15 per transaction now for high priority, otherwise your Btc will get stuck for several days. Mempool is clogged up and Binance have to halt Btc withdrawals for hours. For me, this isn't a good impression for the people who might have just entered the market and even those who's been here for some time, they might have a second thought about Bitcoin going forward.
My thought is that, Btc might pull back a little bit maybe around $25k and when mempool is cleared up it might rise again between $28k-$30k. Nevertheless, everyone must be prepared for the worst lol.

Since mid April the price has been ranging between 27k and 30k, so the current price is close to the average between those two levels, so I am not seeing the opening of the month of May as being that negative, but at the same time it does not seem as if there is enough strength for the market to keep going up, and if that is the case then I would not be surprised if the 27k support level was eventually broken and we reached 25k, and while some investors will get nervous over such drop, I am sure there are many other investors which will be happy to be able to buy bitcoin for such a low price once again.

[peter0425]

from what we can see in the graph that bitcoin staying in strong position at least in 27k and that must be celebrated considering that from January to march we have seen an continues fall.

I really have eyes in what is happening at the $27k area of the chart. What seems like consolidation towards a pull or bull is being misinterpreted as a support. Could it be a force support?  Let us believe it's real because bitcoin is still climbing and this may continue steadily till we enter the bull market.

Binance chart seems accurate and believable , seeing the green working against red ,
this simply imply that there are positive views in the coming days of May .

I think the charts are same, or is there any thing special about Binance chart that makes it accurate and believable than other charts?
So far, the market has been fair since April and this May will not be a different situation.

nah , What I mean that the chart moving is accurate this month and that is upside but of course will not believe completely till it happens bring me great return.
but like what most thread says?
this year is something that will be the start of the great increase because 2024 halving is coming and we all knew that when it happens? things are favoring bitcoin users followed by altcoins.

[savetheFORUM]

We cannot say with certainty that in which month the bitcoin price will break the resistance of 30,000$ and trade about it. Right now as it is clear that bitcoin is unable to break this resistance between 30k-32K. However, one thing is sure that the bulls are back in the business and there is a lot of buying pressure as bitcoin does not fall much and it is trading in a tight range.

Sooner or later this resistance may be broken and then i think bitcoin will fly towards the 45-48K area. At that moment there will be a lot of hype in the market for bitcoin going to all time high and we may see unusual price action in bitcoin.

Though there is buying pressure, I don't see much improvement, the pattern in 1-day candles signals a drop in my opinion and that is probably the reason why its unable to hold the price above $29k, by the time of writing this, it is again below $29k and isn't looking strong at all. It just feels like it can go down any time now.

I believe May is not the month for Bitcoin to break the resistance at $30k and go beyond it, we are more on the verge of a drop at this point and if that happens, it will obviously take some time to recover back and gain momentum again.

[bestcoins1]

My guess for the highest price in May is something like $33,000. I think the price is holding up well in reaction to a bunch of banks going bust in the US. Maybe this means the chance for further downside is limited. So yes, my estimate is that we will see a new yearly high of $33,000 in May.

I also hope that the price level that you said can occur within this month, although I had no idea about the price level of $33K this May. Because of the difficulty of the increase to pass $30K in early May this makes me think that the high level of the Bitcoin price this month is probably still at $30K so I don't think it will be more than that now. And the bankruptcy of several banks in the US can also trigger an increase in the price of Bitcoin because those who have a lot of money in the bank, may put some of their money into Bitcoin this year.

[Franctoshi]

Though there is buying pressure, I don't see much improvement, the pattern in 1-day candles signals a drop in my opinion and that is probably the reason why its unable to hold the price above $29k, by the time of writing this, it is again below $29k and isn't looking strong at all. It just feels like it can go down any time now.

I believe May is not the month for Bitcoin to break the resistance at $30k and go beyond it, we are more on the verge of a drop at this point and if that happens, it will obviously take some time to recover back and gain momentum again.

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

[RealMalatesta]

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

I know we are all sad that it has gone under 28k and the fact that it is not doing that well this past week or so makes us all upset. But we are still at the start of the month, we are barely out of the first week, there is a good chance that we could end up with a good increase this month for sure. I am not saying that it will go on for a long time and keep decreasing, I feel like it could go back up, and see above 30k finally again. It has seen that last month and ever since that we have failed so far, and I feel like we could see that again this time around.

The best thing about it is the fact that we are going to end up with a lot of new people who will be in profit, all those people who bought now under 30k will be able to profit when the price goes back above 30k yet again.

[Baofeng]

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

I know we are all sad that it has gone under 28k and the fact that it is not doing that well this past week or so makes us all upset. But we are still at the start of the month, we are barely out of the first week, there is a good chance that we could end up with a good increase this month for sure. I am not saying that it will go on for a long time and keep decreasing, I feel like it could go back up, and see above 30k finally again. It has seen that last month and ever since that we have failed so far, and I feel like we could see that again this time around.

The best thing about it is the fact that we are going to end up with a lot of new people who will be in profit, all those people who bought now under 30k will be able to profit when the price goes back above 30k yet again.

I don't think we should be sad, we just have to stomach this another downtrend. Yeah, we are talking about $30k or even higher for this month. But I will say that at the back of my mind, I seeing a downtrend and retesting as well as $25k, but I hope I will be wrong.

Lots of pattern has been forming base on the chart (head and shoulder), so it means there are a lot of movement that can really happen for this might. But in a hindsight, if it forms a bearish trend, then just take advantage of the situation and continue to accumulate.

[GeorgeJohn]

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

I know we are all sad that it has gone under 28k and the fact that it is not doing that well this past week or so makes us all upset. But we are still at the start of the month, we are barely out of the first week, there is a good chance that we could end up with a good increase this month for sure. I am not saying that it will go on for a long time and keep decreasing, I feel like it could go back up, and see above 30k finally again. It has seen that last month and ever since that we have failed so far, and I feel like we could see that again this time around.

The best thing about it is the fact that we are going to end up with a lot of new people who will be in profit, all those people who bought now under 30k will be able to profit when the price goes back above 30k yet again.

We should not have negative instinct concerning Bitcoin increment and decrement, because I believe that Bitcoin when it experience increment it also experience decrement, so it depends on your point or your concernment towards it increment, because knew that the price of Bitcoin never be stable and their is every tendency that you might catch up with the price higher and within two days intervals you see Bitcoin price decreased.

[EarnOnVictor]

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

I know we are all sad that it has gone under 28k and the fact that it is not doing that well this past week or so makes us all upset. But we are still at the start of the month, we are barely out of the first week, there is a good chance that we could end up with a good increase this month for sure. I am not saying that it will go on for a long time and keep decreasing, I feel like it could go back up, and see above 30k finally again. It has seen that last month and ever since that we have failed so far, and I feel like we could see that again this time around.

The best thing about it is the fact that we are going to end up with a lot of new people who will be in profit, all those people who bought now under 30k will be able to profit when the price goes back above 30k yet again.

We should not have negative instinct concerning Bitcoin increment and decrement, because I believe that Bitcoin when it experience increment it also experience decrement, so it depends on your point or your concernment towards it increment, because knew that the price of Bitcoin never be stable and their is every tendency that you might catch up with the price higher and within two days intervals you see Bitcoin price decreased.

If one can't have a negative or positive sentiment on Bitcoin, why are they then speculating? There are three conditions that the market might satisfy at a given time, it's either it's positive, negative or neutral, and traders should get ready to act immediately after their studies align with any of the three conditions. As it is now, Bitcoin is under pressure, at least for the short-term disposition, no sensible trader will buy it at this time.

And as for me, I will even wait until the market breaches the high of 2023 at $30934 before concluding on a bullish bias in May. Else, it's selling all the way.

[kotajikikox]

I cant guess when we are on the precipice still, we dont know yet which way we go.

This is us in the vice still, do I know which way we break for sure.  Im wearing safety glasses as I dont know

your Eyes is only protected by Glasses but not your wallet lol , and indeed that there are no way for assurance but maybe looking to above 30k is much better?

..Bitcoin maintaining a 27k and above price .

..Graph are showing strong hold .

So today is a positive day but its positive only upto this resistance registering a few times.   Of course we can presume we continue to gain and I do think BTC has positive action but I would much rather guess after we trade above and confirm above this ceiling.   Good volume today but not the best ever and not yet strong confidence, definitely dont presume gains.  I do presume sideways is the summary for some months yet, so I will often have to balance my positive view with a target to the downside many times also.  I remain undecided in wait.

well , that day maybe , but the following days?  look at the price of Bitcoin today and the graph.
it shows difficult position for Bitcoin expecting to climb high this may .

[Sebas.tian]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

[bitzizzix]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

If you predict the price of bitcoin will reach 45k and you too would say this is the right time to hold it. And I think it's wrong because if you think bitcoin will reach 45k better keep buying as long as bitcoin is below 35k then hold it for long term and that is much better and profitable because if your prediction is correct and the price is below 35k is the best discount to charge your holdings .
or you do DCA as long as the price is still below your prediction, don't easily give up making purchases as long as the price hasn't reached the target or reached a new ATH. Because long term is the best option and always gives good returns as long as you buy dips or DCA.

[Pierre 2]

In my opinion Bitcoin price will go up and down this month so profits will be rather lower. I am expecting it possibly to drop 25k level at worst. And I am expecting it to hit 35k, as ceiling. I don't think we will experience drastic event this month. DXY is still too high for us to experience bigger Bitcoin rally. I think we should wait more for FED to cut rates so we can see important prices moves towards 40k or 50k, maybe. I suggest everyone to accumulate under 25k cause its too cheap.

[Rigon]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

We saw from the April price chart that Bitcoin reached $31,000. After that, the market stopped growing and slowly started to decline. We might have thought that Bitcoin could reach $40,000 by the end of April. But it failed there and by the month of May, Bitcoin started to gradually decline. Another problem added to this is the exorbitant increase in transaction fees for Bitcoin transactions. People are now in a difficult situation to transact due to the exorbitant increase in Bitcoin transaction fees. However, if this problem is resolved, I think Bitcoin will start to rise again and the highest Bitcoin can be between $33,000 to $38,000 by May.

[btc78]

Price prediction is not easy and I think prediction not always become true so select bitcoin whatever the price is because everyone knows better that bitcoin will one day fulfil your dreams.

lol , that is why its called prediction because nothing is certain and constant and accurate .

Bitcoin in April possess a good price but now its slightly dump from 30k$ to 28k$ but we don't investigate this month as a bad month due to such dip because we know that price regularly changes sometime it is high and on other moment it decreases.

wrong , it even dropped to 27k days back , Hoping that may will serve differently from what we attain this April though we recorded another high of 30k+ just that month.

As the price now 28k$ so there is a great chance that it will go up very soon and it will touch 31k$ in recent month so as the price is slightly down therefore it's better for those who missed the opportunity to become a bitcoin investor.

32k is the next target because we have broken 31k recently
 30d Low / 30d High   
$27,070.85 /$31,005.6

am not sure if there is  chance of making it higher this may or at least in June before we end 2nd quarter.

I cant guess when we are on the precipice still, we dont know yet which way we go.

lot of changing these past days from the stable increasing last week, so maybe best to be ready as the price will decrease or increase in the next coming weeks.

[Minecache]

Obviously the possibility of Bitcoin holding the last support level we have at $26k is in decrease, which is a point of control for buyers,  as sellers has continued on mounting of so much pressure towards the down side, just as the price is sitting right now on $27k.
It's healthy for the market to see price break out of a resistance and comes back to confirm it as a support, since we broke out of $25k, we haven't gotten a clear pullback into that zone and which I do think that the market is building up for.

I know we are all sad that it has gone under 28k and the fact that it is not doing that well this past week or so makes us all upset. But we are still at the start of the month, we are barely out of the first week, there is a good chance that we could end up with a good increase this month for sure. I am not saying that it will go on for a long time and keep decreasing, I feel like it could go back up, and see above 30k finally again. It has seen that last month and ever since that we have failed so far, and I feel like we could see that again this time around.

The best thing about it is the fact that we are going to end up with a lot of new people who will be in profit, all those people who bought now under 30k will be able to profit when the price goes back above 30k yet again.

No, I'm not upset that bitcoin is correcting, I even expect it to hit $25k or less, and that's when I'll keep filling my pockets with bitcoins. Bitcoin's rise or fall is not a serious matter if we are well prepared. When the price goes up, we make a profit, when the price goes down, instead of getting upset or panicking, we find a way to buy more. That way, we will see how fantastic bitcoin volatility is. CPI will be released tonight and I expect a chance for bitcoin to drop below $27k.

[Bitcoin2009]

I think this month of May can make the market move positively, this is because until now there have been no more cases that have caused investors to panic like what happened in 2022, at that time in the middle of the year there was a LUNA case then at the end of the year there was an FTX case which made the market red and looks a lot who panic.

[retreat]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

$45K in my opinion is an irrational number to reach before the end of May given that we are currently in a sideway position and that in my estimation will take place in the next few months. There is no need to have high expectations that Bitcoin will be able to touch $40K or more because so far there has been nothing that supports Bitcoin to fly higher.

[Raflesia]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

It's too big I think given the current state of affairs and with some things that are still unresolved at the moment $45k is still too big to do the math to the end of May but of course it could happen for this year but for now I think they can still go up a little bit by little.
At the moment it will continue to be positive I think and the possibility of the price returning to $ 30k or even more is still very possible for the end of May this time but when talking about a significant increase to $ 45k I think it's too heavy.
But if a pump like this happens, of course I'll be even happier, although in this case, when there is a significant increase, there will definitely be a sizeable correction in the end.

[indah rezqi]

In my opinion Bitcoin price will go up and down this month so profits will be rather lower. I am expecting it possibly to drop 25k level at worst. And I am expecting it to hit 35k, as ceiling. I don't think we will experience drastic event this month. DXY is still too high for us to experience bigger Bitcoin rally. I think we should wait more for FED to cut rates so we can see important prices moves towards 40k or 50k, maybe. I suggest everyone to accumulate under 25k cause its too cheap.

Let's just say it sideway, I think it will be very likely during May. In fact I was surprised by the market reaction a few moments ago where bitcoin seemed to break through $28.3k but then took a free fall to $26.7k. This still indicates that the price of bitcoin tends to be pressured not to reach a higher resistance level so that the market is always among panicked traders.

$30k looks likely to be tough in May if the market puts up a strong resistance against continuing its uptrend. However, this shouldn't dampen our optimism, especially about the long-term potential.

[Agbe]

This month of may, the price of Bitcoin is a chameleon it's changed anytime, the price of Bitcoin may go up or come down. The price of Bitcoin works with demand and supply, so nobody can be able to predict the price in the market. And the price is moving positively from $27k to $29k and $30k, maybe the price will hit $35k-$40k or will positively dropped to $25 or $20k, or will should wait for FED to experience rates so we can see important prices moves forward to $35k or $40k. At that moment there will be a lot of hype in the market for bitcoin.

[Jating]

This month of may, the price of Bitcoin is a chameleon it's changed anytime, the price of Bitcoin may go up or come down. The price of Bitcoin works with demand and supply, so nobody can be able to predict the price in the market. And the price is moving positively from $27k to $29k and $30k, maybe the price will hit $35k-$40k or will positively dropped to $25 or $20k, or will should wait for FED to experience rates so we can see important prices moves forward to $35k or $40k. At that moment there will be a lot of hype in the market for bitcoin.

Not sure when is the FED statement will be, but it's one of things that not just crypto enthusiasts wait bu the whole traditional market as it has definitely an effect on us. As for the supply and demand tenant, yeah that is the basis of our price movement. But we can say that at the current market price of $27k++ we are still good and we still have demands although it just went down because of the clogging of the network as far as I can see. But when everything is back to normal again, we might see investors getting back at the market, reinvest and we might still see at the end of the month, the price will be pushed to around $30k or more.

[Paul Pogba]

There are still about 20 more days in May, of course we hope that there will be another big surprise so that it can make the market rise again, if May is like April which looks stagnant then the possibility of recovering this year is very difficult, moreover most users sell immediately when a profit of 5% or more.

[rojan]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

We saw from the April price chart that Bitcoin reached $31,000. After that, the market stopped growing and slowly started to decline. We might have thought that Bitcoin could reach $40,000 by the end of April. But it failed there and by the month of May, Bitcoin started to gradually decline. Another problem added to this is the exorbitant increase in transaction fees for Bitcoin transactions. People are now in a difficult situation to transact due to the exorbitant increase in Bitcoin transaction fees. However, if this problem is resolved, I think Bitcoin will start to rise again and the highest Bitcoin can be between $33,000 to $38,000 by May.

Yes, I also think that the price of Bitcoin may increase this month. However, there are many problems to do Bitcoin transactions now.  But hopefully it will be solved very soon. But we have to wait for some days. Now bitcoin is around 27k$. Now if we invest some money in bitcoin then maybe we can get some profit from here. When the price of bitcoin increases.  You will get it. The price of Bitcoin will go through dumping for several days. However, many people are in a lot of trouble to get the transaction fees of Bitcoin.

[Bitcoin2009]

This week the price dropped by more than 9%, I didn't expect the price to rise when it was over $30k, this proves that investing in cryptocurrencies is difficult and unpredictable, it's natural that many are stressed because of losses and buying bitcoin from the proceeds selling assets or debt.

[19Nov16]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

$45K in my opinion is an irrational number to reach before the end of May given that we are currently in a sideway position and that in my estimation will take place in the next few months. There is no need to have high expectations that Bitcoin will be able to touch $40K or more because so far there has been nothing that supports Bitcoin to fly higher.

I think so the $45k price will be difficult in may, even I think if it can go back to $30k it is satisfying, the current pressure is on because a lot of people want to sell bitcoin because they buy when the price is cheap when it's under $20k, right now we can't expect too much and i think it's better to focus on long term hold.

[dragonvslinux]

As an update for the month, price is now testing the 200 Week MA at around $26.1K. Personally I wouldn't like to see a close below this level this week, so holding above this level today in order to avoid a weekly close below would beneficial for price. Then next week we see a re-test of it and even go as low as $25K while still closing back above this moving average. At least, that'd be an ideal bullish scenario, as it would also be another re-test of the 20 WMA that supported price back in March (orange line), so would signal continuation or the current bulilsh trend (on a weekly scale that is).



I otherwise still think a re-test of volume support around $23K remains likely, simply because the 200 WMA as been insignificant for the past year. It failed to act as resistance last year and arguably in February it was the bearish trending 50 WMA (purple line) that was resistance as opposed to the 200 WMA that's still rising in bullish formation. At least to me that's what it looks like, with 3 rejections from the 50 WMA as opposed to to 2 rejection from the 200. The 50 WMA has also flattened out now (no longer bearish but neutral) around $22K that price could well return to if we are to see more sideways in the market as opposed to continued upside.

Either way, despite bears STILL anticipating a re-test of the lows around $15K, even still $10K-$12K believe it or not, unless price goes back below $20K I don't see it being that likely imo.

[MFahad]

bitcoin holders will never be disappointed because After recovery it will rise again so people will disappointed only if the price goes to zero and surely it will never happens and as you are asking about the month of May so April was a good month but unfortunately the month of May few days which  passed are a little bit lower. We don't know that will there be good news for investor or not but one thing is sure that it will rise again in present or next month.

[Dickiy]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

$45K in my opinion is an irrational number to reach before the end of May given that we are currently in a sideway position and that in my estimation will take place in the next few months. There is no need to have high expectations that Bitcoin will be able to touch $40K or more because so far there has been nothing that supports Bitcoin to fly higher.

I think so the $45k price will be difficult in may, even I think if it can go back to $30k it is satisfying, the current pressure is on because a lot of people want to sell bitcoin because they buy when the price is cheap when it's under $20k, right now we can't expect too much and i think it's better to focus on long term hold.

It's very difficult for us to hope for May, because usually also in May bitcoin experiences slight dumping, if you expect $ 45K in bitcoin in a month, in my opinion, it's too impossible for bitcoin to do because today bitcoin is still struggling at the $ 27k level.
Even to touch the $30k price level, I think I still doubt it can happen at the end of May.
I think it's not just because of the selling pressure because they bought bitcoin at below its previous price, I'm more inclined to think the holders are scared because there's so much activity on the bitcoin network.

bitcoin holders will never be disappointed because After recovery it will rise again so people will disappointed only if the price goes to zero and surely it will never happens and as you are asking about the month of May so April was a good month but unfortunately the month of May few days which  passed are a little bit lower. We don't know that will there be good news for investor or not but one thing is sure that it will rise again in present or next month.

Being zero is impossible, but yes if you are truly loyal holders they will not be disappointed with bitcoin volatility like this, but indeed this comes back again depending on how we invest, of course long term investors think this is normal for them and there is no disappointment.

[Bitcoin_people]

Bitcoin was expected to rise significantly more in May than in April. Many people predicted this but it turned out to be wrong. Bitcoin increased its price to $31k in April, but came May, dumping the market price of Bitcoin to $25k. Most investors thought Bitcoin would touch $35k-$40k in early May, according to the chart. the matter has been interrupted. However, it is important to have confidence that the price of Bitcoin has decreased now but will increase again later.

[Kadal Ijo]

In may now it looks like there will be no change in the market, the price is stuck at $27k and it looks hard to go up, but the good thing is the price is going up again soon when it is almost $25k, we better use it for staking, on some spot exchanges a lot of offers nice and not time bound.

[MiF]

Those that chose below $30000, bitcoin has disappointed you  : Bitcoin price guess, 2023.

For those of you that have not chose anything, you can still partake in the poll.

What are people talking about now?
This is according to what I am hearing, that bitcoin rise from as low as less than $4000 to almost $14000 in 2019, that the highest price bitcoin might increase to this time may not reach $40000 because all-time-high is $69000. We are still around $30000, that bitcoin may increase up to almost $40000

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

I think 30k$ to 35k$ is the close prediction about the price since bitcoin price is now falling and if it will recover this month the very close price is 30k$ and if everything goes well it will maybe continue to rise up to 35k$. It depends on the market flow and it depends on the upcoming news that can possibly effect the price.

[Rigon]

The volatility that has started in the Bitcoin market has made it very difficult for the price of Bitcoin to stay within $26k. The market may lower to $25,000 by May. We saw Bitcoin touch $31,000 in April and from there Bitcoin has slowly moved back down. Analyzing the current situation of the market, it is said that the market will not grow in May. The market may increase slightly from the beginning of June. In June, the Bitcoin market may rise slightly to between $29,000 to $30,000.

[bestcoins1]

In may now it looks like there will be no change in the market, the price is stuck at $27k and it looks hard to go up, but the good thing is the price is going up again soon when it is almost $25k, we better use it for staking, on some spot exchanges a lot of offers nice and not time bound.

I don't like staking even though you said there are good deals on a few exchanges for now, because I'd rather hold an existing asset to wait for a price increase to occur than having to put it on an exchange for something. But I won't forbid you from staking according to what you like because it is part of each person's choice in seeking profit in conditions like now. Even though I sometimes feel a little frustrated when I see the price of Bitcoin is still declining in the market.

[JoyMarsha]

Based on some of the signs we experienced from the crypto market early this year, showed that the price of Bitcoin will increase higher to reach $45,000 before the end of may because the price of Bitcoin is still moving between $29,000 and $28,000 which there is a hope of seeing bullish season any moment from now. I believe, this is the time to endure with your holding so that you will not regret when the price hit higher in this month of may which is the best month many traders are hoping to see massive pumping of Bitcoin before they can sell to make a good profits. I don't think, I will miss this opportunity because I bought Bitcoin when the price decreased last year which will be an opportunity for me to get something good when the price increase higher soon.

We would have anticipated a price of bitcoin that was close to $45k in May if the price of bitcoin had maintained the velocity it had at the beginning of the year.
With the way the crypto market is now moving, I don't believe bitcoin would be able to reach $35k this May, let alone a $45k price. The price of bitcoin has been fluctuating between $26,000 and $28,000 from the first day of May till the second week of it, failing to hit $29k

[Lida93]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

Unfortunately bitcoin is not moving in that direction as you had predicted mate. This month of may unlike April is going to disappoint many peoples and their prediction cause from what am looking at, the 30k price mark is the highest bitcoin can go for this month of May and anything above that mark should be expected around June.

In this remaining week of May bitcoin price would only be fluctuating around 26k and 29k maximum and this consolidation will hold till we enter June where we would be seeing a higher price above 30k -35k. Am having a positive feeling about the month of June for bitcoin.

[Doan9269]

bitcoin holders will never be disappointed because After recovery it will rise again so people will disappointed only if the price goes to zero and surely it will never happens and as you are asking about the month of May so April was a good month but unfortunately the month of May few days which  passed are a little bit lower. We don't know that will there be good news for investor or not but one thing is sure that it will rise again in present or next month.

This month of May is trying hard to hold the resistant to $27,000  amidst many speculations from diverse sources that bitcoin price will go dip more while some say it will rise up the more, but when we take a look into the various collective indications for this month, we could see every possible attempts to rise above $27,000 to more than $30,000, yet all seems abortive, but that's not the end because we are fast approaching the bullrun, anything can happen now.

[Ayers]

Let us continue the fun of monthly price guess. What did you think will be bitcoin highest price in May?

There is every possibility the month of May will be a very good month just as April brought a good tidying on the price despite it didn't crossed to 35k but it was better than January.

So i am on a positive side of bitcoin moving around $30k to $36k maximum.

Unfortunately bitcoin is not moving in that direction as you had predicted mate. This month of may unlike April is going to disappoint many peoples and their prediction cause from what am looking at, the 30k price mark is the highest bitcoin can go for this month of May and anything above that mark should be expected around June.

In this remaining week of May bitcoin price would only be fluctuating around 26k and 29k maximum and this consolidation will hold till we enter June where we would be seeing a higher price above 30k -35k. Am having a positive feeling about the month of June for bitcoin.

There is more than 1 week left until the end of May, and if you are expecting a market recovery, don't be too pessimistic because there may be surprises, bitcoin always brings us surprises. Predictions for June, I think market movements will be dominated by news regarding Fed rate hikes, so it's too early to make predictions right now as we don't know what the Fed will do next. There has been some information that they will continue to raise interest rates, which is not good news for the market in June.

[Claymore2]

If you're new to Bitcoin, it's important to understand that its price can fluctuate. Panicking when the price decreases is often a result of not knowing the basics. Experienced investors know that price fluctuations are normal and part of the cryptocurrency market. Selling out of fear can lead to missed opportunities. It's essential to educate yourself, have a long-term perspective, and not let negative speculation influence your decisions. By staying informed and keeping calm, you can navigate Bitcoin's price changes more effectively.

[Velemir Sava]

There is no end to it being discussed and becoming a hot topic for discussion around speculation about the future price of Bitcoin. If only I would just wait and see. beyond my reason if we see. one side is true, if we haven't invested or entered the market and feel like we've already done it why not wait a moment longer to enter  indeed this crypto market is always invited to think.

[Vinaa77]

bitcoin holders will never be disappointed because After recovery it will rise again so people will disappointed only if the price goes to zero and surely it will never happens and as you are asking about the month of May so April was a good month but unfortunately the month of May few days which  passed are a little bit lower. We don't know that will there be good news for investor or not but one thing is sure that it will rise again in present or next month.

Actually this doesn't really matter to them, they are an investor who has been in cryptocurrency for a long time, especially for them Bitcoin Investors and of course they have often gone through this phase, to be honest they are not too surprised by events like this, and maybe they prefer to continue adding to its assets, both DCA or in large numbers at once, May was not as lucky as last April, but it looks like there will be a bull event after all this.

[Joshapat]

The month is about 5 days left and it doesn't look like there will be any big surprises, maybe the price will be around $26k, but we have to think wisely that long term investing is the best solution to get big profit, a good chance to buy cheap not Soon it will be over, buy soon before the price skyrockets.