Month of May. Bitcoin price guess

[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.

[1714651917]

1714651917

[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.