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Author Topic: The price of bitcoin is not rising soon!.  (Read 1047 times)
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May 19, 2023, 03:17:37 AM
 #101

Bitcoin is also a part of the world economy, so macroeconomic factors also play an important role in developing bitcoin. I also do not believe that bitcoin will recover and grow while the world economy is struggling with a mess. Second, history is not in favor of the bulls either, as the 4-year cycle still has a long way to go, and the halving hasn't happened yet...There is nothing in favor of the bulls at this point. Unless something unexpected happens because this market is still manipulated by market makers.

Agreed and like your personal text Life is Gambling  Grin

According the nicehash https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00 the bitcoin is need one year to get halving and like the usual need another year to push till All time high
for now maybe there will be a mini bull run that happen on every year

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May 19, 2023, 09:28:26 AM
 #102

Well, there's no way on knowing on what the future market would look
like and if you do see that price of bitcoin would not be rising anytime soon then it would be your decision whether you would be selling it or not or would be transferring into some altcoins.
If you do have that confidence on your Bitcoin investment then go ahead and accumulate because not all would really be having that kind of goal and this is where
success would really be that varying into each person because actions would be made would really be entirely be depending on someones decisions and risks taking.

Honestly, I don't quite get why people become so concerned when bitcoin isn't rising for some time. Even if they had invested and now they are in unrealised losses. In my opinion, you only should invest such ammonite of money that you are not afraid to lose. If you starting from this setup then holding till the time when gains will satisfy you is not an issue at all. From what I have experienced, people do more harm to their investments when they start to transfer one coin into another in case they don't see growth for some time. But can they really be sure that they will see that growth on another coin? I believe that if you had decided to buy and hold bitcoin, then you should stick to that plan. Periods of uncertainty and dips are inevitable. This should be understood and accepted by everyone who is on the verge of investing in bitcoin.

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May 19, 2023, 12:01:43 PM
 #103

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.
Maybe you rarely check bitcoins and I guess you definitely don't have bitcoins in your wallet at the moment, starting sometime in early January in 2023 and my advice is you should go to coinmarketcap to double check bitcoin prices.

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 is up 30% since the previous price drop and please tell us how you rate that index and other mistakes you can't conclude that bitcoin won't go up this year, speaking of price fluctuations you have to mention forecasts and predictions if you mention something in bitcoin, because there is always no accuracy in the predictions that we do.

Gold also had its lowest point in December but the trend is back up and vice versa with crude oil, gas and others. There are always periods of ups and downs whenever conditions hit and for me that's fine because it's directly related to supply and demand.

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May 19, 2023, 12:44:34 PM
 #104

Well, there's no way on knowing on what the future market would look
like and if you do see that price of bitcoin would not be rising anytime soon then it would be your decision whether you would be selling it or not or would be transferring into some altcoins.
If you do have that confidence on your Bitcoin investment then go ahead and accumulate because not all would really be having that kind of goal and this is where
success would really be that varying into each person because actions would be made would really be entirely be depending on someones decisions and risks taking.

Honestly, I don't quite get why people become so concerned when bitcoin isn't rising for some time. Even if they had invested and now they are in unrealised losses. In my opinion, you only should invest such ammonite of money that you are not afraid to lose. If you starting from this setup then holding till the time when gains will satisfy you is not an issue at all. From what I have experienced, people do more harm to their investments when they start to transfer one coin into another in case they don't see growth for some time. But can they really be sure that they will see that growth on another coin? I believe that if you had decided to buy and hold bitcoin, then you should stick to that plan. Periods of uncertainty and dips are inevitable. This should be understood and accepted by everyone who is on the verge of investing in bitcoin.

The market is like a miniature society that will have one person or another, you can't expect everyone to be the same or have the same mindset. If people hold bitcoin firmly and never sell or panic, there will be no trading in the market. If you want to take profits meaning that someone will buy your bitcoin at a high price, you will not be able to take profit if no one wants to buy at a high price. That's how financial markets work, so don't be surprised or confused by how many people panic when bitcoin fluctuates. The market is very tough, when they panic, that's our chance.

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May 20, 2023, 07:02:10 AM
 #105

Well, there's no way on knowing on what the future market would look
like and if you do see that price of bitcoin would not be rising anytime soon then it would be your decision whether you would be selling it or not or would be transferring into some altcoins.
If you do have that confidence on your Bitcoin investment then go ahead and accumulate because not all would really be having that kind of goal and this is where
success would really be that varying into each person because actions would be made would really be entirely be depending on someones decisions and risks taking.

Honestly, I don't quite get why people become so concerned when bitcoin isn't rising for some time. Even if they had invested and now they are in unrealised losses. In my opinion, you only should invest such ammonite of money that you are not afraid to lose. If you starting from this setup then holding till the time when gains will satisfy you is not an issue at all. From what I have experienced, people do more harm to their investments when they start to transfer one coin into another in case they don't see growth for some time. But can they really be sure that they will see that growth on another coin? I believe that if you had decided to buy and hold bitcoin, then you should stick to that plan. Periods of uncertainty and dips are inevitable. This should be understood and accepted by everyone who is on the verge of investing in bitcoin.

The market is like a miniature society that will have one person or another, you can't expect everyone to be the same or have the same mindset. If people hold bitcoin firmly and never sell or panic, there will be no trading in the market. If you want to take profits meaning that someone will buy your bitcoin at a high price, you will not be able to take profit if no one wants to buy at a high price. That's how financial markets work, so don't be surprised or confused by how many people panic when bitcoin fluctuates. The market is very tough, when they panic, that's our chance.

Sure, I understand that the market cannot be stable, it changes all the time and this is perfectly normal. I wasn't saying about fixed market/ What I meant is that there are two kinds of people on the market: the ones, who invest for the long term and the ones, who trades constantly, alternating buying and selling. I do not think that traders will abruptly stop making money on trading and move into the category of long-term investors, thus making the market dead. It is they who create these fluctuations, which are beneficial to many, because a huge number of people earn on price changes. I was talking about investors who buy with the prospect of holding for a long time and profiting from a significant increase in price. They should not worry about short-term and medium-term fluctuations.

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May 20, 2023, 08:09:54 AM
 #106

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?
Anyone can predict anything according to their minds including providing predictions of opportunities for the price of Bitcoin and other natural resource prices, but you have to find an answer, can all their predictions be on target?

Every time the price increases, a decrease will follow. Not long ago this happened to the price of Bitcoin which was at a price level below 20k. Many give estimates that to be at level 30k will be difficult. In fact Bitcoin was able to pass the price of 30k.
From the price below 20k and the current price, is that not an improvement?
Come on bro. Don't be an expert who immediately swallows other people's predictions without data that makes you able to digest.

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May 20, 2023, 09:06:48 AM
 #107

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.

Most of the recent researches ? Where did you get this info ? Because that is completely false. There are no REAL SIGNS of Bitcoin having a good run in May and more than this , there are no indicators that Bitcoin could have a great run in 2023 as well. Halv is still 1 year away and the fact that we are under 27k again , means that we could see Bitcoin in 20k this year before we transit into a full bull market.

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May 23, 2023, 07:54:31 AM
 #108

Of course now is a difficult thing to see the price of rising in a short time, the number of people who speculate or daily trading makes the price easy for dumps, when there is an increase then they immediately sell because they think that prices will fall again, and in my opinion the best thing at this time is Hold in the long run.
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May 25, 2023, 08:15:18 PM
 #109

Of course now is a difficult thing to see the price of rising in a short time, the number of people who speculate or daily trading makes the price easy for dumps, when there is an increase then they immediately sell because they think that prices will fall again, and in my opinion the best thing at this time is Hold in the long run.
The truth is that the price went up incredibly quickly after the bear market ended and now we are suffering the consequences, something that should not be that surprising as speculators were probably happy already with the profits they have gotten already and they decided to start to sell, so it is likely we are going to get stuck at the current levels for some time as it does not seems as if there is enough strength on the bulls to make the price to go up during the short term.

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May 29, 2023, 02:59:16 PM
 #110

While it's true that the price of Bitcoin has experienced significant fluctuations in the past, it's challenging to make definitive predictions about its future performance. The cryptocurrency market is known for its cycles of ups and downs, and price movements can be influenced by a variety of factors both within and outside the crypto space.

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May 29, 2023, 04:41:24 PM
 #111

Of course now is a difficult thing to see the price of rising in a short time, the number of people who speculate or daily trading makes the price easy for dumps, when there is an increase then they immediately sell because they think that prices will fall again, and in my opinion the best thing at this time is Hold in the long run.
The truth is that the price went up incredibly quickly after the bear market ended and now we are suffering the consequences, something that should not be that surprising as speculators were probably happy already with the profits they have gotten already and they decided to start to sell, so it is likely we are going to get stuck at the current levels for some time as it does not seems as if there is enough strength on the bulls to make the price to go up during the short term.

I don't think it went very quickly, we are still in the bear market, but it was worst last year, we've seen the bottom around $15,500 when the FTX collapses last November and that is the lowest low already. And this 2023 bear market, it was just a recovery, nothing more.

Yeah, it could be that speculators have taken their profits already, but at what price? we are still around $27k-$28k and the highest we've reach is $31k? So for me the profit taking is already price in. What just happen now as why the price is not moving this month is because of the whole easy on the network congestion because of the BRC-20 drama that has taken it's toll on the market.
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May 30, 2023, 05:09:22 PM
 #112

I think it depends on the market we dont know when is the exact date of the rising of the bitcoin price so bitcoin rising is really unknown, but for me it is already rising  from the very low price to  a very high price that reach up to 60k$ and back to 27k$ and etc., I dont think the rising of the price matters the most, the very important is how we act and how we responds what ever the situation is.

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May 30, 2023, 08:30:15 PM
 #113

I don't think it went very quickly, we are still in the bear market, but it was worst last year, we've seen the bottom around $15,500 when the FTX collapses last November and that is the lowest low already. And this 2023 bear market, it was just a recovery, nothing more.

Yeah, it could be that speculators have taken their profits already, but at what price? we are still around $27k-$28k and the highest we've reach is $31k? So for me the profit taking is already price in. What just happen now as why the price is not moving this month is because of the whole easy on the network congestion because of the BRC-20 drama that has taken it's toll on the market.
I do agree that it is doing better this year than last year, and we are seeing it just at the half of the year yet, we still have 6 more months to live and that means we are going to end up with something much better potentially. Doesn't mean it has to, but it could mean that we are going to end up with a better result eventually for sure, and when that happens we are going to be even happier about it.

We have seen nearly double of last years bottom, and we are going to see a lot higher this year before it ends, I believe that at least 40k will be possible, not right now but during Q4 it should be possible. Remember, most of the big increases happens during Q4 for some reason so we could have a great period during that time yet again.

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May 30, 2023, 09:38:05 PM
 #114

No one can predict what the futures market will be like, so there is speculation about where the bitcoin price is going. However, these are just the conjectures of individuals and cannot be guaranteed to be completely true. So the decision is still up to you as to whether you will buy them and hold bitcoin assets at this point. It is still better to see and research carefully whether you accept risks and trade them or diversify investments into altcoins.
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May 30, 2023, 09:53:22 PM
 #115

That is true. In another time to buy is now. Because now the price is still tender to accumulate more in the future bull time that is coming soon. Yes the price of bitcoin is unpredictable but it can be only speculate how it might be in the next few days to come. Even at that this year amount is preferable than previous own. And before this year will end, we are expecting a tangible result from the market. But the big market is next year to come.

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May 30, 2023, 11:44:10 PM
 #116

Of course now is a difficult thing to see the price of rising in a short time, the number of people who speculate or daily trading makes the price easy for dumps, when there is an increase then they immediately sell because they think that prices will fall again, and in my opinion the best thing at this time is Hold in the long run.
The truth is that the price went up incredibly quickly after the bear market ended and now we are suffering the consequences, something that should not be that surprising as speculators were probably happy already with the profits they have gotten already and they decided to start to sell, so it is likely we are going to get stuck at the current levels for some time as it does not seems as if there is enough strength on the bulls to make the price to go up during the short term.

I don't think it went very quickly, we are still in the bear market, but it was worst last year, we've seen the bottom around $15,500 when the FTX collapses last November and that is the lowest low already. And this 2023 bear market, it was just a recovery, nothing more.

Yeah, it could be that speculators have taken their profits already, but at what price? we are still around $27k-$28k and the highest we've reach is $31k? So for me the profit taking is already price in. What just happen now as why the price is not moving this month is because of the whole easy on the network congestion because of the BRC-20 drama that has taken it's toll on the market.
Yep, now it's just a matter of time when it's time to say fast or not, it depends on each research, but apart from that, of course, we should also be happy with the current conditions, especially if it's showing good signs after a few quarters haven't worked out. well in the previous 2 years.
As for profit taking, it depends on yourself as an investor and it's not wrong to take it now because there is no prohibition for it as long as you are satisfied with the results, then take it, but if you really want to survive, no one regrets that too because we are just need time to recover.

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May 30, 2023, 11:50:43 PM
 #117

No one can predict what the futures market will be like, so there is speculation about where the bitcoin price is going. However, these are just the conjectures of individuals and cannot be guaranteed to be completely true. So the decision is still up to you as to whether you will buy them and hold bitcoin assets at this point. It is still better to see and research carefully whether you accept risks and trade them or diversify investments into altcoins.
We have been watching the market for a long. The price have grown good compared to the starting days of the year. This means there is growth, but it isn't that people are expecting. More price predictions comes forward and we need to consider those as the reference and have our own prediction. For now there is signs of stable move in the price of bitcoin. This is something that is predicted to happen in connection to the halving. So, it is time for everyone to get prepared for the upcoming years halving.

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May 31, 2023, 06:37:03 AM
 #118

That is true. In another time to buy is now. Because now the price is still tender to accumulate more in the future bull time that is coming soon. Yes the price of bitcoin is unpredictable but it can be only speculate how it might be in the next few days to come. Even at that this year amount is preferable than previous own. And before this year will end, we are expecting a tangible result from the market. But the big market is next year to come.
for to go New ATH this year Bitcoin in my opinion will not happen,
but going to a minimum of $ 50k can still happen, provided that the Bitcoin price is able to stay at this level or $ 25k,
according to price action, which was difficult a few years ago, it was the same as this,
so I can assume Bitcoin there is still hope in the next year, most importantly $ 50k for Bitcoin first.



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May 31, 2023, 09:31:14 AM
 #119

I think the bitcoin price has been going up since the start of this year, the crypto market is starting to pick up from the market crash that happened in 2022. Overall market share increased by around 63.81%. Even the price of Bitcoin, has reached its highest level since June 2022 which touched $30,500 last month although then fell again below $30k even now the price of bitcoin is trading in the range of $26k-$27k. Therefore, I am sure that the Bitcoin market will hit again with a very positive performance this year.

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May 31, 2023, 05:26:33 PM
 #120

I think the bitcoin price has been going up since the start of this year, the crypto market is starting to pick up from the market crash that happened in 2022. Overall market share increased by around 63.81%. Even the price of Bitcoin, has reached its highest level since June 2022 which touched $30,500 last month although then fell again below $30k even now the price of bitcoin is trading in the range of $26k-$27k. Therefore, I am sure that the Bitcoin market will hit again with a very positive performance this year.

I support the opinion that since the beginning of the year we have seen positive growth statistics for bitcoin. Yes, in recent weeks there has been a fairly noticeable flat and small pullbacks, but do not forget that just a few months ago, Bitcoin was about 16 thousand. What we saw in April, when the price rose to 31, is almost a 100% increase. I think every investor ends up evaluating the market based on their own entry and exit points anyway. And to say that we have not seen good moments since the beginning of this year would be a lie. Bitcoin has given and continues to give huge opportunities for earning, despite the fact that ROI is not as colossal as it was at the beginning of the existence of the asset.

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