What do you think Bitcoin Market Need Promotes for Price up ?

[Sandra99]

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

[1715079409]

1715079409

[1715079409]

1715079409

[Nwada001]

What do you think Bitcoin Market Need Promotes for Price up ?

Bitcoin is not a new project or some kind of altcoin that requires promotion in order to create awareness, and that awareness is what brings in more people to invest in the project.
 
Bitcoin is already self-promoting itself; all it needs now is steady growth in mass adoption. Let its usage increase, which will increase its demand, and the price will definitely reflect positively on that.

[mk4]

Re: What do you think Bitcoin Market Need Promotes for Price up ?

Simple — it's going to need more buyers than sellers, just like always.

It can Hit $25000  ?

Bitcoin has hit $60k+ before, why do you think it can't hit $25k? It's just a matter of 'when'.

[BD Crypto]

I am Seeing Bitcoin Market is Not good Its Correction every Time  
It can Hit $25000  ?

We are still in bear market and no one can predict accurately what is going to happen. In this point Bitcoin market can crash or have a correction. When no more new buyers appear to support the uptrend then usually market go for a correction. So it's a part of Bitcoin trend and a opportunity to grab more in a lower price.

Probably it can hit 25000K level if market need to have a correction. So we have to trade with caution or be prepared for both positive or negative scinerio.

Re: What do you think Bitcoin Market Need Promotes for Price up ?

The major promotion will be then when most of the governments will start legalizing it and that time a huge mass adoption will occur and obviously a steady growth too.

[bittraffic]

Promoting RFK Jr? A president who is a Bitcoiner will really make a difference. Is he using BTC to get votes or sincere which is the question for voters too.

He seems to be representing himself and because of that, I guess he is part of the community. There are some suggestions he made recently about Backing USD with BTC. It may terrify some of the lawmakers but I think Blackrock will still like that.

And also Blackrock is also good to promote since they promote Blackrock. Rumor has it they are buying BTC mining farms.

[JoyMarsha]

It can Hit $25000  ?

We are unable to predict whether the price of bitcoin will drop to $25k or not, but you and I can be certain that no matter how low the price of bitcoin drops, it will most likely rise again before the year is out. That is the approach that is constructive. The focus should not be on the price of bitcoin at this time. As the price of bitcoin moves up and down, what you should be focusing on is how much bitcoin you have accumulated or what gains you have achieved through DCA as this time the bitcoin market is at its correction stage

[samcrypto]

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

We are slowly gaining momentum towards the bull market, and I can't see any reason to go deeper to $25k again.
There's no need to market Bitcoin because it is already known every where, you just have to be more patient and wait for the right timing.
New projects will altcoins though still need the exposure in the market, they usually promote it on social media platform by giving away free money, that can be an effective marketing strategy as of today, especially the airdrop.

[Vaskiy]

Everything need its time. Bitcoin isn't an exception to have its growth chart with the upward movement alone. If something have got the growth pattern in the upward track forever then it is a scam or some sort of hype project. Never fall into it, what we experience with bitcoin is real growth. Whether there is bullish move or something bearish, it always have its reason. At times it is hard for us to understand/find the real reason.

[Mahanton]

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

No one knows!

On this unpredictable market and space on which the price could move out without having no reason at all or hadnt been backed up with any news or even trying out to reflect on what those technical indicators been showing.This what makes things more hard specially on dealing up with this space. Everything is random and even with those things around doesnt guaranteed that it would surely happen.
Now that we are on a condition on which the price is really that keeping on going below 30k which it is usually happening on weekdays and make out some small pumps on weekends on which
if you could make out some pattern then you could eventually make out some small scale type of playing with these price movements.

This is what makes it hard to understand and make out predictions because of this very main reason on which factors cant be known on what would be the next movement on next minute or hours or days.
Everything that you do would be always be ending up on being speculative as always.

[sheenshane]

I am Seeing Bitcoin Market is Not good Its Correction every Time 

If you know what is the real meaning of the word "volatility", you might understand that this price correction that we experienced right is pretty normal and you shouldn't be panicked.  Why are you worried if you've given time to accumulate more and in fact, those who have bought in a DCA way might be happy during this time.

It can Hit $25000  ?

No one knows but I think it's unlikely will happen.
There's no valid reason the price of Bitcoin will down that far but on the opposite side, I saw it will grow after this correction of the price.

[michellee]

Of course, it can. But the problem is that we don't know when the time will come. You don't need to worry if the Bitcoin price falls deeper because that will be the right time to accumulate more Bitcoins. All you must consider is the price you are ready to buy Bitcoin.

With the current ups and downs of Bitcoin prices, you should be able to understand when to buy Bitcoin, especially if you have prepared some funds to buy Bitcoin. And right now could trigger the Bitcoin price to drop again deep and there is a possibility that the price will be back at $28k, especially if people panic again to see the price drop now.

But we have seen Bitcoin price hit rock bottom, so maybe the current correction is the one that always comes in the market. So don't forget to place a purchase order and wait for it to be filled.

[bbc.reporter]

I am Seeing Bitcoin Market is Not good Its Correction every Time  
It can Hit $25000  ?

Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.



Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval.

[adaseb]

There are lots of way it can pump up. Say Apple buys it on their balance sheet like Tesla. Or the blackrock etf finally gets approved. Or all this Binance FUD finally comes to an end.

Right now it’s just summer so we are trending sideways. I don’t think we will get much action until early Fall. Usually most people are taking time off to travel and you can tell by the low volume.

[rat03gopoh]

What do you think Bitcoin Market Need Promotes for Price up ?

No need, I believe 100% of internet users must occasionally read "Bitcoin" in a corner of the web they are surfing. Also bitcoin is certain to be the main crypto that is featured in every crypto service advertisement.

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

I have no reason to worry about that, but it sure could be for many causes, it's not a bottom price anyway.

[mich]

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

Well I really hope this does not happen. We are sideways around 29k-30k for a little bit now. I think we are all waiting for a big move to be made so we can pass the 31k price point we just saw. 25k would not be good but yes it can happen.
I think theres got to be some big news from the US government and the sec and Ripple. There is still so much FUD that is making investors lose their confidence in Bitcoin hodling for the long term. ETF approval would make them more confident.

[bbc.reporter]

Or all this Binance FUD finally comes to an end.

I speculate that this Binance FUD will never end unless CZ goes to prison, he leaves Binance or Binance is taken down. There are people behind traditional finance similar to George Soros' group and Larry Fink who might be behind the FUD and want to take over to become the new kings of the cryptospace. If everyone thinks the clowns and hustlers like CZ, Justin Sun, Sam Bankman-Fried, Barry Silbert are criminals, wait for the real criminals from traditional finance to come in hehehehee.

[slaman29]

OP why don't you just sell if you're so worried? I always wish people like you who think 25000 is such a scary low price should all just leave the market and sell. Then so prices can go lower and people like me who think this is such a discount can get even more stackings

Like bbc.reporter says, we would welcome 25k with widely open arms!!

[Faisal2202]

Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.

Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval.

If that happens then the situation will become more infuriating for investors and traders who took entries aorund $30k. But the risk is always there so they might not react tht much. But there are newbies too, to whom news outlets, titok, Twitter Influencers had motivated that BTC is going fo bullish cycle in 2024.\

Such news or statements attract many newbie to fall pray to FOMO. And not they might be suffering. Almost $100 million plus trades were liquidated just because market goes below 29,000$. I hope this will not occur and market would maintain its price at $29,000 at least.

[yudi09]

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

The current price is $29k from $31k and once it was $69k.
From the current price it could possibly drop again to $25k.
Going up and down is a normal activity.
Target the profit you want to get. When the price drops, buy.

All you need to do is explain to other investors to invest in Bitcoin.
The more investors who invest in bitcoin, the buying percentage will increase.
In economic law, the greater the number of purchases will affect the price increase.

[Oasisman]

What do you think Bitcoin Market Need Promotes for Price up ?

Nothing, do you have any suggestions? Or if there is an option in the table, would you lead the way to make such promotions? JK.
We don't actually need promotions, because bitcoin has been widely known but yet to have at least half of the global adoption. We are in a consolidation phase which the price were moving sideways, so this below statement of yours...

I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?

is actually a good one if the price falls at that level, because everybody is looking to buy at a lower price than what we have currently as everyone is filling their bags now for the upcoming bitcoin halving.