The price of bitcoin is not rising soon!.

[Rupok]

I don't agree with you, a few days ago we noticed Bitcoin reaching 30k. Now maybe the price has dropped to 27k but expect the price to go up to $40k.Everyone is expecting BTC to pump massively and they have predicted that people are starting to feel it from this year. As you say for sure that the market will not pump, your prediction may not be correct.The Bitcoin market is always uncertain, but looking at some portfolios in the Bitcoin market we can expect that we will reach a bull market this year.You will understand if you analyze properly

[ItsCrafty]

But we have already risen to +30000 not so long time ago. If you stick to your analysis, don't you think we are in a second stage, which means BTC will soon drop below 25000?

There is no doubt that Bitcoin has gone from 16k to 30k, but this journey has spanned more than 400 days,but according to experts, if Bitcoin reaches the support of twenty five thousand five hundred, then it is a strong support.From here if bitcoin takes bonus back it will easily reach between $35k  to $40k.

The possibility of falling below $25k is very less.Bitcoin come back to $25k can be a good move to make a long jump.Bitcoin is likely to go higher from here,because if you look at the previous record, there are always two mini-Alt seasons.one season we have seen and the second one is yet to come.After the second season, Bitcoin may retest once again and move closer to twenty thousand.

[Rockstarguy]

The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

What you are saying concerning the price of bitcoin is not true, there have been an increase of value in bitcoin some weeks ago , try and make research before you drop things like this to the public. You can't say their won't be value to the price of bitcoin because you can't predict the price of bitcoin. Last year we all experienced the bear market that the price was down upto $17 but recently their have been a good increase in bitcoin and I think we are getting into the bull season as we can see increase of value in the market. Op it will be nice for you to go back to see where the market is coming from.

[ItsCrafty]

The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

I think the condition of Bitcoin is not looking any better in the current situation,but Bitcoin halving period will start in April 2024 next year,but it is not even the case that the price of Bitcoin will start increasing from the day of halving.rather, there is movement within the market long before that.Now we have to figure out how many days we have before the halving Whether the market goes down or up, we should prepare for the bull season from here.According to analysts, Bitcoin may begin its bull season slowly from here.

If someone wants to take crypto from here, then start taking their crypto from here.Because if we look at the previous record of bitcoin, it has always seen such a situation before halving and after that bitcoin started its journey towards bull season.So I think there is no need to worry too much.

[traderethereum]

It's okay if bitcoin hasn't been able to increase again this year because bitcoin still has a lot of time to increase.
We must be grateful that we are still given more time to be able to buy bitcoins at low prices so we have to use this time to buy bitcoins.
You can use the DCA method if you can't buy bitcoins using a lot of money. It can also help you to be able to accumulate many bitcoins.
And even though it looks like bitcoin is looking hard to go up, I believe the price of bitcoin will go higher and it's only a matter of time.
So be patient to wait until the price goes up again.

The price would either go up or down. I think it is more likely to increase this year even if it won't reach its ATH. The market have shown progress already from the market crash since its ATH and that is something already to consider. But as usual, the market price won't continuously increase in a consistent manner; corrections would always take place no matter how we wish the price to not fall. The bullrun is more likely to happen next year due to the anticipated halving but as we manage our expectation, things won't instantly happen. Indeed, patience will be required no matter what behavior the market is showing. Find the right entry points and you will be good to go.

I'm also optimistic that the price will increase again this year, even though that hasn't reached the last ATH yet or even the newest ATH.
It was only a matter of time before Bitcoin started getting bigger pumps and being able to go up to higher prices.
This is like another test for us in holding Bitcoin; only those who can hold Bitcoin will get that big advantage.
The market price will show signs of increasing and we should be more prepared to wait for it so we can determine what we should do.
And right now, we should stay focused on accumulating Bitcoin because if a pump comes straight to the market later, we will miss the best moment to buy at low prices again.

[Marvell1]

But we have already risen to +30000 not so long time ago. If you stick to your analysis, don't you think we are in a second stage, which means BTC will soon drop below 25000?

There is no doubt that Bitcoin has gone from 16k to 30k, but this journey has spanned more than 400 days,but according to experts, if Bitcoin reaches the support of twenty five thousand five hundred, then it is a strong support.From here if bitcoin takes bonus back it will easily reach between $35k  to $40k.

The possibility of falling below $25k is very less.Bitcoin come back to $25k can be a good move to make a long jump.Bitcoin is likely to go higher from here,because if you look at the previous record, there are always two mini-Alt seasons.one season we have seen and the second one is yet to come.After the second season, Bitcoin may retest once again and move closer to twenty thousand.

What are you saying based on what happened in 2019? I also believe bitcoin will soon hit $35k or more, and then there will be a sharp correction below $20k once again. I remember bitcoin in 2019 also recovered and crossed $12k, but then corrected back to $4k in 2020 before the halving.
I still have a feeling history will repeat itself in this cycle, and if it is, we still have a big sale, and that's an opportunity for those who missed the $16k price point last year. But it would be wiser with DCA instead of waiting, bitcoin is still unpredictable, and there is no guarantee that history will repeat itself.

[passwordnow]

I think the condition of Bitcoin is not looking any better in the current situation,but Bitcoin halving period will start in April 2024 next year,but it is not even the case that the price of Bitcoin will start increasing from the day of halving.

It was just an estimation that it might happen from the period of April or May 2024. It happens every 210k blocks and currently, we're around 789k blocks already. So everything is just an estimation now on when exactly will the 840,000th block will be mined.

If someone wants to take crypto from here, then start taking their crypto from here.Because if we look at the previous record of bitcoin, it has always seen such a situation before halving and after that bitcoin started its journey towards bull season.So I think there is no need to worry too much.

Nothing to worry about. We're just 12 months away from it and when we're going near to the halving. It's either the signs bein shown before it are always positive and then the rest of the next year is taking the bulls and the cycle goes off again.

[Ahli38]

We will not know with certainty (100% accuracy) in which direction the price movement will continue. But I noticed that in the last 2 years indeed in May there has always been a correction in the bitcoin price either because of big fud news or because of other things. So I'm not surprised that the current bitcoin price is experiencing a correction. But we also need to know that there is always a correction before a big increase occurs. So be prepared.

I personally am still in accumulation mode so the dips still make me smile because I can buy from any corrections that occur. But I see that the current Accumulation phase seems to be the phase that is almost at the end before the increase based on Wyckoff Accumulation. Please match the current bitcoin chart with the following Wyckoff Accumulation pattern. where is our position (use the daily candle time frame)


Sourch: School.stockcharts.com

[Nrcewker]

According to me it is difficult to predict the price of Bitcoin in future, but hope it will rise again. Currently Bitcoin price falls, but it will not continue and  some changes will happen in upcoming days. Most of the recent researches indicates that the price of Bitcoin will increase by end of the May 2023. So don't loose your hope that Bitcoin is not rising. Surely it will rise but it will need some time.

Bitcoins price will only increase, if more people try to accumulate it. In simpler words, if the buy orders are more than the sell orders, then only the price will rise. The demand of the coin needs to be increased and hence in order to fulfil the demand, the price will go up. Currently due to the high transaction fees, Bitcoins have suffered in price. Once the things get back to normal, BTC again gonna climb up in price. Let’s not think of anything bad now and let’s hope for the best.

[Jawhead999]

It seems like you're not understand about the volatility is, if Bitcoin price can increase, it can decrease too. It's not always the price always rising and at the same time the price isn't always declining. The price is still stable around $25K-$30K and I think it will keep like that until the end of this year.

But it would be wiser with DCA instead of waiting, bitcoin is still unpredictable, and there is no guarantee that history will repeat itself.

If you said no guarantee the history repeat itself, what's the point of DCA-ing in the first place as you expect Bitcoin will not create new ATH on the upcoming bull run season.

[superman184]

The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

I don't think Bitcoin has had such a heavy draw this year even though it's almost halved this year. Because if we look at it from the government's fiscal point of view, I think there are already several governments from several countries that have started to see Bitcoin as an asset that is as important as crude oil, gas, gold and diamonds so that Bitcoin is still uncertain to become Stuart this year.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

Bitcoin still looks far from increasing in price as soon as possible, but that doesn't mean it can't happen this year because a significant increase can occur when a large number of Bitcoin buyers are still in the market for this year despite the general increase in the price of Bitcoin in this year still can not exceed the price of crude oil, gas, gold and diamonds.

[Minecache]

According to me it is difficult to predict the price of Bitcoin in future, but hope it will rise again. Currently Bitcoin price falls, but it will not continue and  some changes will happen in upcoming days. Most of the recent researches indicates that the price of Bitcoin will increase by end of the May 2023. So don't loose your hope that Bitcoin is not rising. Surely it will rise but it will need some time.

Bitcoins price will only increase, if more people try to accumulate it. In simpler words, if the buy orders are more than the sell orders, then only the price will rise. The demand of the coin needs to be increased and hence in order to fulfil the demand, the price will go up. Currently due to the high transaction fees, Bitcoins have suffered in price. Once the things get back to normal, BTC again gonna climb up in price. Let’s not think of anything bad now and let’s hope for the best.

If bitcoin price depends on supply and demand, as you are saying, then predicting bitcoin price will not be so difficult and unpredictable. In addition to depending on supply and demand, bitcoin is also manipulated by many different forces in the market, making the bitcoin price almost unpredictable. Even if bitcoin has more buyers, there is no guarantee the price will increase, it all depends on the market makers.

I also don't think the recent drop is due to high transaction fees, there is some news, like the US government selling 9kbitcoin or Binance stopping operations in the Canadian market, that could be the cause. But I don't mind because market ups and downs are normal.

[Semar Mesem]

Many people think that bitcoin is an instant way to success and wealth, it's only natural if someone tells a story of success when selling a car or house to invest in bitcoin and then there is a fantastic increase so that they get profits of up to hundreds of percent in less than a year, but we must know that many people who are stressed about losing their car or house to buy bitcoins as the price keeps dropping.

[Etranger]

Bitcoins price will only increase, if more people try to accumulate it. In simpler words, if the buy orders are more than the sell orders, then only the price will rise. The demand of the coin needs to be increased and hence in order to fulfil the demand, the price will go up. Currently due to the high transaction fees, Bitcoins have suffered in price. Once the things get back to normal, BTC again gonna climb up in price. Let’s not think of anything bad now and let’s hope for the best.

Following this logic, Bitcoin price will always rise, due to limited emission, that is why the demand will always be higher that supply. Over time, this gap will only increase, as there will be fewer Bitcoins in the public domain. But if all of this works just so simply, then why do we have such rapid market fluctuations? And more importantly, why don’t every crypto project just didn’t do the limited emission of their coins in order for them to only rise?

[Davian144]

Many people think that bitcoin is an instant way to success and wealth, it's only natural if someone tells a story of success when selling a car or house to invest in bitcoin and then there is a fantastic increase so that they get profits of up to hundreds of percent in less than a year, but we must know that many people who are stressed about losing their car or house to buy bitcoins as the price keeps dropping.

The question is, who has such an opinion now? And I just think that it's only you who have thoughts like that, not anyone else. Because what I see is that everyone always considers the risks before investing and I rarely find people who are willing to sell their cars and houses when they want to invest. Because they know that they have to work hard to get cars and houses, so they won't immediately sell them for investment capital if they can do it in a better way.

[Ojima-ojo]

The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

What you should note is that, Bitcoin price is an unpredictable things and since bitcon is a highly volatile assets its then mean gou saying that the leuce of Bitcoin will not rise this year may be an over exaggerated statement and their is no reality to that in any ways.

We can be sure that most od the speculatores have made similar attempts to presicts the directions the price of bitcoin will go, but then also, bitcoin always make it own unque movement  and as vulnerable as bitcoin in this moment we can still be rest assured that that bitcoin always mak if on mark at any time.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold, and diamond, that's means bitcoin is far from rising soon.
What do you think?

Since Bitcoin is not a legal tender in many countries it will be difficult for Bitcoin to become mainstream traction .

[BITCOIN4X]

We will not know with certainty (100% accuracy) in which direction the price movement will continue. But I noticed that in the last 2 years indeed in May there has always been a correction in the bitcoin price either because of big fud news or because of other things. So I'm not surprised that the current bitcoin price is experiencing a correction. But we also need to know that there is always a correction before a big increase occurs. So be prepared.

It may be true, at least that bitcoin price underwent a major correction in May for 3 years in a row since 2021, 2022, and 2023. But I'm not too sure that May 2023 will close with the first red candle since market recovery happened, from January to April 2023. I mean there is a possibility about the 5th green candle at the close of May if the price recovery phase has not stopped.

Also, expecting bitcoin to always be good may be a weak assumption because a price correction is always possible. The market can move in any direction regardless of how the trend is going. But one thing, we have to be prepared for whatever the market situation is and accumulate it if you want to hold bitcoin for the long term.

I personally am still in accumulation mode so the dips still make me smile because I can buy from any corrections that occur.

Good job, that's great at all.

[ethereumhunter]

Many people think that bitcoin is an instant way to success and wealth, it's only natural if someone tells a story of success when selling a car or house to invest in bitcoin and then there is a fantastic increase so that they get profits of up to hundreds of percent in less than a year, but we must know that many people who are stressed about losing their car or house to buy bitcoins as the price keeps dropping.

Actually, this thought is not wrong because, looking at history, many people have succeeded in selling their bitcoins at peak prices. It makes people want to get it too, so they immediately buy bitcoins without analyzing. But unfortunately, it's not what they expected because in investing in bitcoin, they must have the patience to wait for the price to increase before they can sell the bitcoin. If the bitcoin price can increase quickly, that's great and they managed to make a profit. But if the bitcoin price can't increase in a short time, they have to keep holding it, which is what many people can't do.

[Bananington]

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

I think what you are saying is total BS! Sorry to say but what is the point of this assumptions? I call them assumptions because you have  made some claims without any reference. Since you are pushing the narrative that the value of bitcoins will not rise soon, is it your intentions to discourage people from continuing to keep the bitcoins that they have been keeping since? No newbie to cryptocurrency should pay attention to this because the market still remains highly unpredictable and certainly not predictions made based on some few events.

[AnonBitCoiner]

As we have seen from the past months so there was an increase in the price of bitcoin, if some down movements happens so it also recovers back to higher cost so I always says that we cannot predict the exact value or movement of price for the future. There will be always negative or positive consequences as we know that this is the key characteristics of bitcoin but we still cannot ignore the success of bitcoin.

It is necessary to just be conscious about your next step according to the conditions because everything can happen in future so ready for upcoming step is necessary. There is a slight changes in price towards negative direction but we cannot thing that it will go more down because better hopes and patience can makes you happy.