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?

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[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.