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Author Topic: Share your opinion on the market.  (Read 1187 times)
letteredhub (OP)
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August 07, 2023, 11:15:05 AM
 #1



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
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August 07, 2023, 11:29:34 AM
 #2

What are you thinking about this from one guy on Twitter:



On that chart, it is possible that the bull run is not still over.

I do not know why I remain pessimistic on bitcoin price this time after it has increased to over $30000. From the monthly chart, using BB and RSI, where the market is going is not known. It can go either up or down.

If you want to hold bitcoin in long term, do not be afraid to hold, the price will later increase, even if the price first decreased.

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Lucius
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September 22, 2023, 02:20:59 PM
 #3

The price can go in any direction, and currently the only "positive" is the speculation about the final approval of the spot BTC ETF in the US, and in this regard, you should pay attention to the date October 17, 2023. That is the next deadline in which they will reject the request again, or maybe accept it.

If this does not happen, the first option is that the price will continue to move between $25k and $30k, and the second option, which some are speculating about, is that we are expecting another more pronounced drop towards $20k.



I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.

How can you say that the market is bad, if at the end of last year we had a price that was close to $15k, and at one point this year we even reached over $31k, which is about 100% growth in just a few months. I would call it (regardless of everything) a very positive year if we take into account inflation and the war in Ukraine, and many other bad events that marked this year, such as record heat, great floods and earthquakes.

I wonder what you would say if you were here in say 2015 when the price of BTC was only a little higher than $200 and when the pessimists were saying that the end for BTC was around the corner...

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September 22, 2023, 02:53:03 PM
 #4

I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.
It seems like you slept too much this year and didn't watch the market more and see the price of Bitcoin this year, even though it is very clear that this year Bitcoin has passed the price of $30K and even passed the price of $31K in mid-July this year. You can see for yourself in the market from now on so that you no longer think wrongly about the achievements that have occurred in Bitcoin this year or you can also see the image below as proof.

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September 22, 2023, 04:41:48 PM
 #5

I am no trading expert but I always check the news every day.
Grayscale winning against the SEC about the lawsuit is one of the biggest news that came out just recently and they want their Bitcoin Trust to become an ETF which I think will affect the Bitcoin market at a very high level once it is done.
SEC has not approved it yet but they cannot do anything now to stop Grayscale from doing it, it's just time that will matter.
Investors are probably moving their money to Bitcoin too after that news came out and they want to if the pump will happen or if they are the ones making all the pumps now due to demand.
Expect more increases in the upcoming months as we get near the approval of it. Finally, something good that could become consistent in the years to come.

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September 22, 2023, 05:34:16 PM
 #6



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

With the way the market is going this days, we have to closely study the market trend, there's little clue from the indications received from the weekly candles that the market is likely to surges a little during the weekend or maybe next week and then we are likely not to experience more of dip sooner than expected, we have been on this dip for long and there should be more attempts for a bull market, the more we go the closer we are getting towards the bull season where the market rises.

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September 22, 2023, 05:54:21 PM
 #7

what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
Regarding market prices, there is never an end to discussion. Price movements can move sideways, downwards and upwards depending on the conditions and situations that are currently occurring. In short, it depends on how and for what purpose you use Bitcoin. The BTC/USDT chart in the picture is still in the momentum to hold with strong patience and is still the momentum to buy.

The reality is that in my experience, trading Bitcoin in the hope of expecting profits in a short period of time is not suitable.


I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.
Read more as I am doing now to improve your ability to see the current conditions and conditions that Bitcoin has experienced. Try to get used to training yourself so that the connection between your eyes and mind can be consistent in seeing the price of Bitcoin on the market from year to year.


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September 22, 2023, 05:55:27 PM
 #8

Without even looking at whatever chart, it's pretty evident that the current state of the cryptocurrency markets is pretty weak. Almost every pump doesn't have any followup at all, and just ends up totally retracing. A huge factor being that I don't think there are signs of retail coming back any time soon.

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September 22, 2023, 06:37:43 PM
 #9

Without even looking at whatever chart, it's pretty evident that the current state of the cryptocurrency markets is pretty weak. Almost every pump doesn't have any followup at all, and just ends up totally retracing. A huge factor being that I don't think there are signs of retail coming back any time soon.

The explanation is pretty simple, as it's always been. Bitcoin has its followers who DCA and hold, but it also experienced a downward pressure from miners, so it barely manages to stay at a given level for more than a month, unless the retail comes in and it usually acts like a zombie horde. Most of the year they sleep, but when the price starts going up for a few weeks, they begin to wake up. When bitcoin is up 30% the whole horde is on its feet, smelling blood.

I don't expect the horde to wake up until we reach 50% of the ATH by ourselves, so ~35k, or we're past the halving point.

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September 22, 2023, 06:45:46 PM
 #10



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

For sure there wasn't going to be any movement right now, I mean September wasn't really a good month for cryptocurrency so personally I wasn't expecting some kind of movement, but it doesnt really matter since the market overall is kinda weak the moment, probably one of the biggest pumps is going to be the bitcoin halving which could probably hype the market, in the past years if we are going to check and analyze the bitcoin halving timeline we could clearly see that a few months before the bitcoin halving there was some kind of movement in the market, so since the bitcoin halving is only a few months away, in my opinion probably around early 2024 there will be a small movement in the market. But the Bullrun is going to be after the Bitcoin halving most of the time 365 days before the Bitcoin halving. So dont really expect a huge movement at the moment so just HODL right time.

It might reach around 40k early next year and then the market is gonna drop again before it is going to skyrocket to over 100k$ in my speculation. That's probably the time when the Bull Run is going to happen around 2024-2025.

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September 22, 2023, 07:25:40 PM
 #11


I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

At the moment; i am sure people would say there have been pumps and dumps here and there but that is not the case about the market. In my opinion; i think the market has been stagnant and when i say stagnant i mean there has not been an impressive or outstanding movement either positively or negatively. The market is just there on its own recycling funds.

The positive note so far in the market that i have noticed is that there are more incoming volumes into the market (We can call them new investors)
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September 22, 2023, 09:04:41 PM
 #12


I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

I don't think that we need to brainstorm it though, I'm no expert, but it seems that the price is going on a roller coaster ride.
Meaning, we are still in the bear market, we can't even break the $30,000 barrier again? So just expect that the market will go on a sideway pattern in short term.
So it could be this month, or maybe up to the end of the year.
But as others have said, since we are in the bear market, then still take advantage of the market, just continue to accumulate as much as you can.

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September 22, 2023, 09:58:51 PM
 #13

Without even looking at whatever chart, it's pretty evident that the current state of the cryptocurrency markets is pretty weak. Almost every pump doesn't have any followup at all, and just ends up totally retracing. A huge factor being that I don't think there are signs of retail coming back any time soon.
We know that when it comes to fundamentals or even technical aspects when it comes to price movement then it isnt really something that much needed most of the time since the price could really move it own
which those things are really that been observed back in the past but now in the present times or into some couple of years previous which it is really that showing that it is already that needing up some back up
news or sentiments which would really be able to act as a catalyst for the price to shoot up or having that significant move because if its not then for sure it would really be having that retracement or correction
after some minimal pump or simply it cant really be able to sustain or break those resistance due to lack of some positive sentiment. Same goes whenever we do see some negativity here on the market.

R


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September 22, 2023, 10:02:24 PM
 #14

I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.

Technically, at the end of the year, we are still in the bear market, so not sure if it will start to grow. I was hoping that in the last quarter, we might see $30k at least, but with the current sentiments, it might be difficult to accomplished that.

But watch out for December though, there could be occasional pumps like Christmas or New Year, but it doesn't meant that it will sustain it's ran. I'm basing it from previous history, that during December, there could be some manipulation by entities to push the price a bit and then take some quick profits for the holiday.

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September 22, 2023, 11:39:27 PM
 #15

I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.

Technically, at the end of the year, we are still in the bear market, so not sure if it will start to grow. I was hoping that in the last quarter, we might see $30k at least, but with the current sentiments, it might be difficult to accomplished that.

I also think the same, I believe the market will start to uptrend after the halving.  There is not much going at this moment to push the transition of the market to become bullish.  The sentiment also does not receive enough good news to become highly positive.

But watch out for December though, there could be occasional pumps like Christmas or New Year, but it doesn't meant that it will sustain it's ran. I'm basing it from previous history, that during December, there could be some manipulation by entities to push the price a bit and then take some quick profits for the holiday.

Any pump during the Yuletide season is just another higher low and probably becomes a bull trap.  So better be careful in trading at this point in time.
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September 23, 2023, 04:37:31 AM
 #16

The market is not going anywhere. You would think that by end of September it would have a trend at least but it’s just trading sideways.

Wonder if we will get another November 2018 event where we trade nowhere and then out of the blue we have a huge dump. Price action is very similar to those days when we were bouncing off the $6K support.
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September 23, 2023, 05:50:58 AM
 #17

The market is not going anywhere. You would think that by end of September it would have a trend at least but it’s just trading sideways.

Wonder if we will get another November 2018 event where we trade nowhere and then out of the blue we have a huge dump. Price action is very similar to those days when we were bouncing off the $6K support.

I agree that we will be just going on a sideways, I mean if I'm not mistaken, after reaching $30k last March, April was a sideway patterns for many months until we have some break out run in June, but still we haven't had that sustained run.

However, I do not see a November 2018 event here, we are just months away from the halving. Maybe this is just some sort of calm before we will have the halving for next year and then the eventual bull run. So most likely, this will be our price till the end of this year.

R


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September 23, 2023, 10:20:54 AM
 #18

Without even looking at whatever chart, it's pretty evident that the current state of the cryptocurrency markets is pretty weak. Almost every pump doesn't have any followup at all, and just ends up totally retracing. A huge factor being that I don't think there are signs of retail coming back any time soon.

They will return only when there is no doubt that the bull run has started, because most such investors do not want or cannot afford to have their money invested for too long, especially in something as volatile as Bitcoin. We have seen this so many times that we can say that it is a constant, and for them the idea of "fast in, even faster out" is something that characterizes Bitcoin as a way to make quick money and nothing more than that.

However, I am interested in whether the average Joe will react the same in the next bull run as it was the case in the past, because inflation is still something that deeply affects all those who are not in the upper class. For many, the money that they would have otherwise invested in something has already been spent or the stock under the mattress is getting smaller and smaller, and borrowing money for risky investments is something that many have been burned by in the past.

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eightdots
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September 23, 2023, 11:25:48 AM
 #19

I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.

Technically, at the end of the year, we are still in the bear market, so not sure if it will start to grow. I was hoping that in the last quarter, we might see $30k at least, but with the current sentiments, it might be difficult to accomplished that.

But watch out for December though, there could be occasional pumps like Christmas or New Year, but it doesn't meant that it will sustain it's ran. I'm basing it from previous history, that during December, there could be some manipulation by entities to push the price a bit and then take some quick profits for the holiday.

It is true that we are in a bear market. Before making a prediction for the end of the year, we can see that the economic situation is not good at all and there is no good reason for an increase in the price of Bitcoin. Maybe good news will come one after another and the situation will change, I don't know.

I also thought 30k would come early, but now we are a little bit away from that price. I agree with your opinion that there will be manipulations in December because people can spend so much money for Christmas. For this, resources are required and they can obtain this resource through manipulations.

Bitcoin needs good news and institutional investors need to show up now.

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September 24, 2023, 02:49:01 AM
 #20

I also thought 30k would come early, but now we are a little bit away from that price. I agree with your opinion that there will be manipulations in December because people can spend so much money for Christmas. For this, resources are required and they can obtain this resource through manipulations.

Bitcoin needs good news and institutional investors need to show up now.
Elon Musk has the potential to boost Bitcoin's trading volume by year-end through a renewed acceptance of Bitcoin as a payment method for Tesla or other crypto-friendly initiatives that could resonate positively with the crypto community. This is elaborated upon in the following thread: https://bitcointalk.org/index.php?topic=5467398.0



In my own perspective, I believe that the price of Bitcoin will experience a period of sideways movement due to the ongoing decline in trading volume. Indeed, scenarios are needed to stir the market in late 2023, and one of these could be the news of Elon Musk once again embracing Bitcoin. Alternatively, other developments may surface within the next month. Let's keep an eye out for them.
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September 24, 2023, 04:16:18 AM
 #21

I also thought 30k would come early, but now we are a little bit away from that price. I agree with your opinion that there will be manipulations in December because people can spend so much money for Christmas. For this, resources are required and they can obtain this resource through manipulations.

Bitcoin needs good news and institutional investors need to show up now.
Elon Musk has the potential to boost Bitcoin's trading volume by year-end through a renewed acceptance of Bitcoin as a payment method for Tesla or other crypto-friendly initiatives that could resonate positively with the crypto community. This is elaborated upon in the following thread: https://bitcointalk.org/index.php?topic=5467398.0



In my own perspective, I believe that the price of Bitcoin will experience a period of sideways movement due to the ongoing decline in trading volume. Indeed, scenarios are needed to stir the market in late 2023, and one of these could be the news of Elon Musk once again embracing Bitcoin. Alternatively, other developments may surface within the next month. Let's keep an eye out for them.
I really believe in this because I think Elon Musk is someone who has quite a lot of power in playing market prices.
However, apart from that, if you look at the current market conditions which are quite strong without any significant price movements, it proves that the support is quite high, so logically I think this is a positive thing which allows other positive things to happen, namely an increase which is very possible to happen. .

And for the price of 30k I think it is not difficult to see it again this year, throughout the year the price of 30k is a fairly strong price and even though there have been corrections and increases we have seen the price of 30k very often, so it is very possible for it to happen again.

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September 24, 2023, 04:23:05 AM
 #22



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

To be honest, if Bitcoin holders are long-term holders today, I am very sure they are unaffected by what is going on in the market, since analyzing the chart today, I can conclude we are still negative.

Also, based on my technical analysis, it is probable that it will drop another 25k$, at which point it will liquidate, but this is dependent on what occurs in the news in the coming days. Of course, if it is entirely negative, the market will fall. And if that happens many of the communities will take the chance to buy Bitcoin and some other altcoins as well.

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September 24, 2023, 04:40:54 AM
 #23

The image provided by @bayu7adi shows that Bitcoin's movement looks sideways, so it is possible to continue. Maybe until the end of this month, the movement will still be the same.

And I agree with @bayu7adi that if Elon accepts Bitcoin payments again, it could boost Bitcoin prices to increase. But I don't think too much about it. Elon often changes his tweets suddenly.

I still think that Bitcoin price conditions look sideways for a while. And reaching the price of $30k still seems difficult this month. No one knows what will happen in the next month but hopefully, there will be some good news released so that the price of Bitcoin can increase. But we must remember that the price of Bitcoin can go anywhere and without any notice. So we better be prepared for all possibilities.

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September 24, 2023, 04:55:16 AM
 #24

The image provided by @bayu7adi shows that Bitcoin's movement looks sideways, so it is possible to continue. Maybe until the end of this month, the movement will still be the same.
Sideways have happened several times in the previous few months when bitcoin was at $30K, it was sideways monthly, the following month was the same below that price, currently there has been no upward price movement because the market is still under pressure.

And I agree with @bayu7adi that if Elon accepts Bitcoin payments again, it could boost Bitcoin prices to increase. But I don't think too much about it. Elon often changes his tweets suddenly.
This is a new issue that I heard, it's not surprising that Elon Musk is paying attention to Bitcoin as a payment method again, but he always shows his silliness so he's not completely sure that he will integrate Bitcoin into his payments again.
If he tweets again about bitcoin, then the hype will come.

I still think that Bitcoin price conditions look sideways for a while. And reaching the price of $30k still seems difficult this month. No one knows what will happen in the next month but hopefully, there will be some good news released so that the price of Bitcoin can increase. But we must remember that the price of Bitcoin can go anywhere and without any notice. So we better be prepared for all possibilities.
Never worry about where Bitcoin will go, if it goes up then it's good news about other positives, if it goes down then prepare for even greater accumulation.
The forecast for the next month will be sideways again for a month.

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September 24, 2023, 05:17:11 AM
 #25

That is the previous increase and decrease of bitcoin marketcap, that did not let us to conclude that bitcoin have already increased or fall at any point in time, interpreting such chart I will say the movement of the candle sticks showing that the market was promising and later depreciate in value, so let us not conclude that with such chart that the market of cryptocurrency is increasing.what we should ask ourselves is that, such chart does that shows that its something of recent or 2017 chart of bitcoin,  because sometimes some of the promoters and signals people who use the predictions of bitcoin  price for money usually post an old chart of bitcoin increment and decrement in order to get paid through social media accounts.

What I want you understand is that whenever you see such thing don't on your own think that maybe bitcoin  has rise beyond the market expectations by investors, just scrutinised the market and across check by gathering information to another source before you can take your decision and render your own opinion to people. Secondly you have to learn the chart of cryptocurrency especially bitcoin, so that you will be able to know when the price of bitcoin is about to increase and when the price of bitcoin  decreases.

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September 24, 2023, 05:24:20 AM
 #26


I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

I don't think that we need to brainstorm it though, I'm no expert, but it seems that the price is going on a roller coaster ride.
Meaning, we are still in the bear market, we can't even break the $30,000 barrier again? So just expect that the market will go on a sideway pattern in short term.
So it could be this month, or maybe up to the end of the year.
But as others have said, since we are in the bear market, then still take advantage of the market, just continue to accumulate as much as you can.

That's right and I agree with you in reading this, yes, the market situation is still the same as before, it's still sideways and hasn't shown the direction of a good movement, but what we have to understand is how to take advantage of the situation and increase profits with a trading method that produces the important thing that is realistic and not dizzy after entering the market because the ultimate goal in trading is profit, not loss.

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September 24, 2023, 05:35:27 AM
 #27

And I agree with @bayu7adi that if Elon accepts Bitcoin payments again, it could boost Bitcoin prices to increase. But I don't think too much about it. Elon often changes his tweets suddenly.

Well, Elon accepting bitcoin payments for Tesla again or the final approval of the bitcoin spot ETF could have an upward influence but as we get deeper into the bull market there may also be other news that can push the price upwards that we cannot foresee now. Although in the case of Elon we have already seen that just as he can push the price up, he can push it down, however much it may weigh on us, and in the case of the bitcoin spot ETF, although I believe that the initial reaction will be upwards, he can also add volatility and push the price down faster in downturns.

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September 24, 2023, 05:52:32 AM
 #28

The market can go in either direction. The price at the moment is consolidated between $25k to $27k, and we might see a fake-out rally towards $30k to attract more investors. Many analysts are predicting that the market correction is not over yet, and we might see a dip toward $20k or below in the coming months. SEC is also playing a central role in determining the next move, with ETF approval and Binance US investigation. Investors are waiting for ETF approval by the SEC. Let's see whether they approve or reject the request. I think the price will pump after BTC halving next year.


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September 24, 2023, 06:24:12 AM
 #29

Well I think my opinion on the market right now is the same as lots of other people. I think we are  waiting very patient for ETFs and then the halving next year for the next 'bull run'.

I think we were hoping for the price of Bitcoin to be more then $26k right now. But we all know the next 'bull run' will be rewarding for us.

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September 24, 2023, 07:12:45 AM
 #30

Well I think my opinion on the market right now is the same as lots of other people. I think we are  waiting very patient for ETFs and then the halving next year for the next 'bull run'.

I think we were hoping for the price of Bitcoin to be more then $26k right now. But we all know the next 'bull run' will be rewarding for us.

I would say more expectations are from halving next year then the ETF launching. The reason why we see a stable Bitcoin price is because majority of Bitcoin investors are eyeing on halving coming up next year. Its very positive from Bitcoin prespective that price of Bitcoin is stable in between 25k to 30k window, something never seen before. My oponion about market is that its taking necessary and final preparation before the halving event coming up next year.
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September 24, 2023, 08:07:14 AM
 #31

snip
Sideways have happened several times in the previous few months when bitcoin was at $30K, it was sideways monthly, the following month was the same below that price, currently there has been no upward price movement because the market is still under pressure.
And during this month, Bitcoin's movement remained sideways even though the price level was different from last month. Even though there have been increases and decreases this month, the sideways position still dominates Bitcoin prices. So let's wait until the end of this month and hopefully, there will be changes in the price movement.

snip
This is a new issue that I heard, it's not surprising that Elon Musk is paying attention to Bitcoin as a payment method again, but he always shows his silliness so he's not completely sure that he will integrate Bitcoin into his payments again.
If he tweets again about bitcoin, then the hype will come.
I don't like his silliness, but that's him with all his uniqueness. If he tweets again about Bitcoin, let's hope it's at the right time so that it can boost the Bitcoin price to jump and pass $30k or $40k immediately Grin

But if he still delayed it, it seems the market needs another boost to the upside.

snip
Never worry about where Bitcoin will go, if it goes up then it's good news about other positives, if it goes down then prepare for even greater accumulation.
The forecast for the next month will be sideways again for a month.
I'm not worried about anything that happens to Bitcoin because I already believe Bitcoin will increase again. If the prediction is that Bitcoin prices will fall next month, I will buy it again and I already prepared some money for that.

snip
Well, Elon accepting bitcoin payments for Tesla again or the final approval of the bitcoin spot ETF could have an upward influence but as we get deeper into the bull market there may also be other news that can push the price upwards that we cannot foresee now. Although in the case of Elon we have already seen that just as he can push the price up, he can push it down, however much it may weigh on us, and in the case of the bitcoin spot ETF, although I believe that the initial reaction will be upwards, he can also add volatility and push the price down faster in downturns.
Both of these things can push the price of Bitcoin to increase quickly. And if those two things come together, the Bitcoin market will become bullish and make its price jump higher. And the price could immediately reach $30k or $40k and stabilize at that price.

In Elon's case, he is still waiting to tweet at the market. And in the case of spot Bitcoin ETFs, there seems to be another delay.

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September 24, 2023, 09:10:56 AM
 #32



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

even how good it is explained here yet the market is not certain in anything ,. meaning this can change depend on how people support the market specially  Bitcoin as this will decide the faith of altcoins.

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September 24, 2023, 09:25:42 AM
 #33

-snip-
Many investors choose not to frequently open chart sites because the crypto market situation is currently weakening. Most market movements will be sideways and occasionally downwards. This is a very common opinion.
In the future, it might be more interesting to revisit the market and see how the graph will happen and where it will move while waiting for news regarding ETFs and halving, including other news such as news regarding the company Tesla which is rumored to be accepting bitcoin payments again.

R


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September 24, 2023, 05:07:37 PM
 #34

-snip-
Many investors choose not to frequently open chart sites because the crypto market situation is currently weakening. Most market movements will be sideways and occasionally downwards. This is a very common opinion.
In the future, it might be more interesting to revisit the market and see how the graph will happen and where it will move while waiting for news regarding ETFs and halving, including other news such as news regarding the company Tesla which is rumored to be accepting bitcoin payments again.
Investors should never bother checking the charts since investment requires long term commitment. It is the trades who get involved in the market in short term who need to check the charts and we know that the sideways market is one of the trends that they like the most since they can make profit in a moderately fixed range where they can predict the top and bottom easier.

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September 25, 2023, 02:04:10 AM
 #35

What are you thinking about this from one guy on Twitter:

Damn, those are looking very similar but broooo Twitter now is X  Grin Grin Grin Grin Grin,




Here I share my chart



According to my image, the Bitcoin price would be testing the near resistance on 30K and if those line break 36K is the next resistance tho we still early guys accumulate more hahaha

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September 25, 2023, 02:35:51 AM
 #36



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

even how good it is explained here yet the market is not certain in anything ,. meaning this can change depend on how people support the market specially  Bitcoin as this will decide the faith of altcoins.

Of course, nothing is certain and it is impossible to confirm anything when making predictions about the future. But as a bitcoin investor, we should also analyze and make our own predictions about the market. It can be said that prediction is an indispensable part of investing whether it can be right or wrong. If you invest without any prediction or discussion, it will be very boring and tasteless.
But talking about long-term investment, I am quite sure that the future of bitcoin is bright and we can bet our faith on it. I have complete confidence in bitcoin and in my decisions.



.
.BIG WINNER!.
[15.00000000 BTC]


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September 25, 2023, 02:42:21 AM
 #37

Here I share my chart



According to my image, the Bitcoin price would be testing the near resistance on 30K and if those line break 36K is the next resistance tho we still early guys accumulate more hahaha

Yes, and often the market traps and creates a sensation then just drops like last night and don't forget that Jerome Powell will announce the Fed's "Fairly Close" to Target Interest Rates again and get ready for volatility to come again and The Fear & Greed Index 38.

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September 25, 2023, 04:22:54 AM
 #38


I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

I don't think that we need to brainstorm it though, I'm no expert, but it seems that the price is going on a roller coaster ride.
Meaning, we are still in the bear market, we can't even break the $30,000 barrier again? So just expect that the market will go on a sideway pattern in short term.
So it could be this month, or maybe up to the end of the year.
But as others have said, since we are in the bear market, then still take advantage of the market, just continue to accumulate as much as you can.

That's right and I agree with you in reading this, yes, the market situation is still the same as before, it's still sideways and hasn't shown the direction of a good movement, but what we have to understand is how to take advantage of the situation and increase profits with a trading method that produces the important thing that is realistic and not dizzy after entering the market because the ultimate goal in trading is profit, not loss.

I hardly oppose to most things that are said in here. The market condition wasn't the same as before. Today's trading is different. It may look alike but it is completely different circumstances, economic events, and fundamentals. Every price action in the marketplace is unique. We're actually in a down-trending market and no longer in a consolidation.

The second thing is about the ultimate goal of trading. It is following the plan. Making money is just a byproduct of the discipline and work-ethic of following one's trading plan.

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September 25, 2023, 08:22:28 AM
 #39

I hardly oppose to most things that are said in here. The market condition wasn't the same as before. Today's trading is different. It may look alike but it is completely different circumstances, economic events, and fundamentals. Every price action in the marketplace is unique. We're actually in a down-trending market and no longer in a consolidation.

The second thing is about the ultimate goal of trading. It is following the plan. Making money is just a byproduct of the discipline and work-ethic of following one's trading plan.

The market price of Bitcoin is till dancing around $26k and for almost a week now there's no form of leaving that amount and at some point it seems to be the price for this month before entering October.
I still don't know why it hasn't gotten to $27k but when the price grows to $26,700 it will come down drastically, what's really the cause? Because we're still expecting it to go beyond $27-28k before the end of this month.

R


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September 25, 2023, 11:38:44 AM
 #40

-snip-
Investors should never bother checking the charts since investment requires long term commitment. It is the trades who get involved in the market in short term who need to check the charts and we know that the sideways market is one of the trends that they like the most since they can make profit in a moderately fixed range where they can predict the top and bottom easier.
The difference between investors and traders lies there. Investors don't need to bother themselves to find time to monitor price chart movements at any time. Especially investors who invest regularly.
IMO, from the differences between the two, choosing to act as an investor is more convincing than being a trader.

A market situation where the graph moves sideways is actually desired by both, not just traders, because both types of market players want the price graph to not always move sideways but downwards in order to make a profit. For day traders, they can close trades with a profit if the chart position is always sideways.

R


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traderethereum
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September 25, 2023, 03:01:58 PM
 #41

I hardly oppose to most things that are said in here. The market condition wasn't the same as before. Today's trading is different. It may look alike but it is completely different circumstances, economic events, and fundamentals. Every price action in the marketplace is unique. We're actually in a down-trending market and no longer in a consolidation.

The second thing is about the ultimate goal of trading. It is following the plan. Making money is just a byproduct of the discipline and work-ethic of following one's trading plan.

The market price of Bitcoin is till dancing around $26k and for almost a week now there's no form of leaving that amount and at some point it seems to be the price for this month before entering October.
I still don't know why it hasn't gotten to $27k but when the price grows to $26,700 it will come down drastically, what's really the cause? Because we're still expecting it to go beyond $27-28k before the end of this month.
No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

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September 25, 2023, 03:11:30 PM
 #42

I hardly oppose to most things that are said in here. The market condition wasn't the same as before. Today's trading is different. It may look alike but it is completely different circumstances, economic events, and fundamentals. Every price action in the marketplace is unique. We're actually in a down-trending market and no longer in a consolidation.

The second thing is about the ultimate goal of trading. It is following the plan. Making money is just a byproduct of the discipline and work-ethic of following one's trading plan.

The market price of Bitcoin is till dancing around $26k and for almost a week now there's no form of leaving that amount and at some point it seems to be the price for this month before entering October.
I still don't know why it hasn't gotten to $27k but when the price grows to $26,700 it will come down drastically, what's really the cause? Because we're still expecting it to go beyond $27-28k before the end of this month.
No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.
Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.

.
HUGE
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September 25, 2023, 11:04:42 PM
 #43

Here I share my chart



According to my image, the Bitcoin price would be testing the near resistance on 30K and if those line break 36K is the next resistance tho we still early guys accumulate more hahaha

Yes, and often the market traps and creates a sensation then just drops like last night and don't forget that Jerome Powell will announce the Fed's "Fairly Close" to Target Interest Rates again and get ready for volatility to come again and The Fear & Greed Index 38.
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.

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September 26, 2023, 12:52:42 AM
 #44

Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.

Because of a strong US dollar it seems that many currencies are losing value in comparison. Bitcoin was down but only slightly after the news of MicroStrategy's purchase. Bitcoin having low volatility is a positive sign. Despite bearishness in the stock market, Bitcoin has not moved much since starting the month at nearly $26k. Many people are refusing to sell due to their expectations for the halving and a potential ETF approval.

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September 26, 2023, 01:01:55 AM
 #45

Yes, and often the market traps and creates a sensation then just drops like last night and don't forget that Jerome Powell will announce the Fed's "Fairly Close" to Target Interest Rates again and get ready for volatility to come again and The Fear & Greed Index 38.

Ahhhhh Yess I forgot about the Mr. Powel and yes basically he can control the market too hahaha. Fundamental First guys okay. Fear when people are greed and greed when people are fear.

This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.

Tho is 24K is considered as a major support many people would likely to buy if hit that level and will make long lower shadow. and I hope that Bitcoin at least touch 30K level this year and stay there.

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September 26, 2023, 01:19:04 AM
 #46

Investors should never bother checking the charts since investment requires long term commitment. It is the trades who get involved in the market in short term who need to check the charts and we know that the sideways market is one of the trends that they like the most since they can make profit in a moderately fixed range where they can predict the top and bottom easier.
Nicholas Darvas, a successful stock trader has a famous advice that I like a lot.

"Rules was to read absolutely NONE OF THE NEWS about the stock!" (In a book How I Made $2,000,000 in the Stock Market)

We can read news but should not read it hourly or daily. A few times a week or month is enough, if we have good knowledge about Bitcoin and solid belief in it. Reading more news, reading news too regularly will make more chaos in our minds and our decisions can be affected.

It can be worse if we store our bitcoin in online accounts like on exchanges, reading news can make us panic sell or FOMO buy.

R


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September 26, 2023, 02:08:16 AM
 #47

Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.
Because of a strong US dollar it seems that many currencies are losing value in comparison. Bitcoin was down but only slightly after the news of MicroStrategy's purchase. Bitcoin having low volatility is a positive sign. Despite bearishness in the stock market, Bitcoin has not moved much since starting the month at nearly $26k. Many people are refusing to sell due to their expectations for the halving and a potential ETF approval.
Like a normal Bitcoin winter market. As you can see we are already in sideways for months and that is also what I expected. For me our price right now is healthy, the market is healthy, no huge pump or dump, like some candlewicks. It just shows that everything is organic.
For me, the exciting part will be in the first months of the year 2024, as Bitcoin block halving will happen in year 2024.
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September 26, 2023, 03:44:18 AM
 #48

No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.
Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.
Either the fall will occur in the future or the near future.
We can only be prepared for all possibilities because the current situation is still ups and downs and we don't know where the market will go.
And with the return of the green candle in the market now and the push for the Bitcoin price to return upwards, we have to be more careful because a decline can occur at any time.
Apart from that, the altcoin market is still not recovering and there is a tendency to follow where the bitcoin price will move.
Maybe if the price drops again, more companies will take advantage of the moment to buy more bitcoins and we can also take part in buying bitcoins.

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September 26, 2023, 05:25:05 AM
 #49

Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.
I still think that it's a bullish news that they bought some more. If a company has over 100k+ bitcoins and their bitcoins worth that much money then it means they know what they are doing. I mean they are super rich and they are buying, if someone with billions of dollars risking all that money for bitcoin, then I am sure that it's a good sign and the price should be fine.

People should have hyped this news and take the price to 30k if you ask me but they didn't and that's their decision, I can't say much about it. I get that it's going to be tough to handle but we can still do it if we are careful. I know that it's going to take some time but if we are careful then we are going to be doing fine in the end.

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September 26, 2023, 08:53:19 AM
 #50

Well I think my opinion on the market right now is the same as lots of other people. I think we are  waiting very patient for ETFs and then the halving next year for the next 'bull run'.

I think we were hoping for the price of Bitcoin to be more then $26k right now. But we all know the next 'bull run' will be rewarding for us.

I would say more expectations are from halving next year then the ETF launching. The reason why we see a stable Bitcoin price is because majority of Bitcoin investors are eyeing on halving coming up next year. Its very positive from Bitcoin prespective that price of Bitcoin is stable in between 25k to 30k window, something never seen before. My oponion about market is that its taking necessary and final preparation before the halving event coming up next year.


Well yes we are all waiting for rewards that we will get from the Bitcoin halving. It is 1 of the biggest reasons that we will continue to hodl our coins and not sell them. Even if we so see a 'bull market' before it. We know the biggest profits come from after the halving each time.
With Bitcoin price saying from 25k to 30k I think this is a good thing. We were saying the price could go down much more even I saw 12k predictions. Yes this is FUD but I will be happy with the current price for now.

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September 26, 2023, 03:33:52 PM
 #51

-snip-
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.
So far I've ignored short-term volatility as much as I can - but let's see if bitcoin manages to close September above $27k or if bitcoin tests the lower support of $25k.

I don't believe in either one - but it seems possible that $27k will be the closing price for the end of this month. If that's true - then $40k will most likely be tested in October so the analysis OP made shouldn't be said to be completely wrong. September was not a good month for bitcoin - but October will give a lot of hope.

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September 26, 2023, 09:14:32 PM
 #52

-snip-
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.
So far I've ignored short-term volatility as much as I can - but let's see if bitcoin manages to close September above $27k or if bitcoin tests the lower support of $25k.

I don't believe in either one - but it seems possible that $27k will be the closing price for the end of this month. If that's true - then $40k will most likely be tested in October so the analysis OP made shouldn't be said to be completely wrong. September was not a good month for bitcoin - but October will give a lot of hope.
Bitcoin getting increase above twenty six thousand will be under probability, but the thing is that we can't predict accurately the price of bitcoin, so what I expected us to understand concerning bitcoin price is that our expectation for bitcoin price should be something of 2025 and 2026, currently we may experience more downfall of bitcoin before this year get to an end or the values continues spinning in between twenty six thousand to twenty seven thousand.

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September 28, 2023, 04:02:55 PM
 #53

-snip-
This is actually the time that I have much confusion about the bitcoin price and what saves me in this time is to be very attentive to the fundamentals. If the chart seems confusing to be, I'll rely on the news to make decisions.
With my little knowledge of the chart, I have seen that bitcoin price has consolidated much, it has gotten enough momentum to move. Put I am not certain the direction it will take. Whether it will push or retract more to about $24k before it will be able to pull more.
The support is becoming firm but the resistance is becoming weak, so there is a possible upward movement of the price rather than downwards.
So far I've ignored short-term volatility as much as I can - but let's see if bitcoin manages to close September above $27k or if bitcoin tests the lower support of $25k.

I don't believe in either one - but it seems possible that $27k will be the closing price for the end of this month. If that's true - then $40k will most likely be tested in October so the analysis OP made shouldn't be said to be completely wrong. September was not a good month for bitcoin - but October will give a lot of hope.
Bitcoin getting increase above twenty six thousand will be under probability, but the thing is that we can't predict accurately the price of bitcoin, so what I expected us to understand concerning bitcoin price is that our expectation for bitcoin price should be something of 2025 and 2026, currently we may experience more downfall of bitcoin before this year get to an end or the values continues spinning in between twenty six thousand to twenty seven thousand.

If everyone checks the price right now, we'll see bitcoin is getting closer to the $27k target and we're only 2 days away from the end of September.  yes, it is impossible to predict anything even with only 2 days left until the end of the month, but with the expectation that bitcoin can close the monthly candle above 27 thousand USD is becoming more feasible than ever.

Looking at the chart, September has never been good for bitcoin, but looking at the history of October, it has always been a green month for bitcoin, so we can expect more positive changes this October.

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September 28, 2023, 04:13:40 PM
 #54


Bitcoin broke the 27k benchmark for a long time today and this os a far more comfortable price zone for Bitcoin at the moment because from the current market value Bitcoin can easily build up resistant that will sustain the price of bitcoin from falling below the current established benchmark.
Although Bitcoin have made multiple attempts by climbing up to 27k before and failed to resist the pullback forces that pulled its price back to 25k a few days/weeks ago.

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September 28, 2023, 06:11:28 PM
 #55

Looking at the chart, September has never been good for bitcoin, but looking at the history of October, it has always been a green month for bitcoin, so we can expect more positive changes this October.
History records this, making it a measure that September is not a good month for Bitcoin in terms of price. I agree but not completely even though the Bitcoin price graph in 30d that I saw on several sites still shows the line in red.

My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

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September 29, 2023, 09:00:15 AM
 #56

I think the Bitcoin market will start to grow by the end of this year. Because the Bitcoin market is very bad this year. Because the price of Bitcoin is not increasing at all this year.Bitcoin price has not risen above 30k at all this year. It will probably begin to rise later this year.
It seems like you slept too much this year and didn't watch the market more and see the price of Bitcoin this year, even though it is very clear that this year Bitcoin has passed the price of $30K and even passed the price of $31K in mid-July this year. You can see for yourself in the market from now on so that you no longer think wrongly about the achievements that have occurred in Bitcoin this year or you can also see the image below as proof.


or he does not care ? because a simple clicking of coinmarketcap https://coinmarketcap.com/currencies/bitcoin/ will show instantly what is the highest price taken this 2023.
but yes he might be sleeping or not checking the market and just relying to what he is reading here in other spammer.
The market is not going anywhere. You would think that by end of September it would have a trend at least but it’s just trading sideways.
that's why we must be ready  to take sideways any time soon?

September shows also the hardness of this season so lets see what will the last quarter might bring.

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September 29, 2023, 10:49:31 AM
 #57

No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.

R


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bitzizzix
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September 29, 2023, 11:15:43 AM
 #58

No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.
What happened to Bitcoin's movement is still a healthy correction and Bitcoin is struggling to break the 30K mark this year, not this month onwards. And Bitcoin's recent rise was 27K and I'm sure the price will fall again, but the decline will not exceed 25k. The reason is, many investors are still waiting for the lowest point in Bitcoin prices with the belief that it will reach 25K, which they think is a good price to buy it. And maybe Bitcoin price will reach 30K by the end of this year, and 2024 is a good year for Btcoin movement which will increase gradually.

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September 29, 2023, 12:19:47 PM
 #59



My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.

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September 29, 2023, 12:45:45 PM
 #60



My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.
September has almost always been a red month for bitcoin and everyone expected this September to repeat, but so far it hasn't happened but only a few days are left, although bitcoin is now showing good growth. Hopefully the expectations for October will be correct. Otherwise we might see a red October.

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October 02, 2023, 03:19:22 PM
 #61

Feel free to express your opinion be you a professional or trading expert or not.
Indeed, when it comes to crypto, what appears most often on social media and the internet is Bitcoin charts, whether it's speculation or predictions, we often see that for this year and beyond, but I'm sure whatever there is outside about Bitcoin speculation or predictions, I'm sure the crypto market will develop and grow well from all aspects.

Talking about the market and price of Bitcoin, from year to year Bitcoin has never experienced a drop, let alone returning to the point where Bitcoin was issued in 2009, This means that market development towards Bitcoin will have a good phase in the future, maybe it could be above $100k in the next few years, that's my personal analysis, not from outside speculation.

R


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October 02, 2023, 04:24:03 PM
 #62

I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.



Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.

R


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October 02, 2023, 06:16:28 PM
 #63

-snip-
Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.
Prices can still change at any time - but your optimism about October is certainly justified by the analysis of other users before you. October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.

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October 02, 2023, 08:37:54 PM
 #64

Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.

R


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October 03, 2023, 05:03:16 AM
 #65

Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.

Although bitcoin today has a slight correction after the price touched $28.4k yesterday, I have the same thoughts as you. I think bitcoin will continue to recover and will touch the $29.3k area before correcting below $26k. But for me, the expectation of bitcoin reaching $31k this month and then correcting down to $25k is quite high. It's hard to know where bitcoin will go, but I have a feeling October will be more exciting than September, and November will be another exciting month.

We are getting closer to the halving so there will be a lot of interesting volatility and this will also be the final moment for those who want to accumulate more bitcoin.

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October 03, 2023, 01:12:05 PM
 #66

-snip-
October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

The answer is also still changing because the $28k resistance that occurred in the last 24 hours yesterday only lasted for a moment because the closing price was $27.6k. Today's market chart experienced a difference where the indicator showed a buy signal.
But October is still very early which makes me think that there is still hope as market analysis of bitcoin prices will be in better condition than in September.


I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.

R


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October 03, 2023, 01:29:55 PM
 #67

Especially with today's price chart situation, I am starting to be optimistic that the history of Bitcoin prices in October will be positive, which is different from the chart display last month.
Even though I speculated that this month I still needed extra energy to hold, I didn't change that statement before the bitcoin price broke a new high.
However, starting with the bitcoin market price from October 1 until now, I have started to feel a positive trend.
$26,970 opened and is now sitting at $28,078.

When $28k starts to hold until the close of the first week of October, we will be prepared to see higher prices as $28k will be a good support price.
Hold is still required.
Prices can still change at any time - but your optimism about October is certainly justified by the analysis of other users before you. October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.

I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.
I was expecting that maybe the price would at least go over $29k but unfortunately, it started dropping back after reaching $28,580 and has already dropped below $27k which means that $28k isn't support but is becoming the resistance now and Bitcoin is having a hard time going above that range. Most of us were expecting that this month might do something for the market, the starting looked good but we will see the progress in a couple of weeks, I guess.

Short-term traders who might have bought at $26k must have sold when the price went up to $28.5k, and if we talk about panic sellers, they might not start reacting very quickly but if the price of Bitcoin moves below $26k, that is when we might see panic sellers starting to react to the price.

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October 03, 2023, 01:37:28 PM
 #68

Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.
What you narrated is something that is happening now, for look of bitcoin price right now believe that the price will be shifting up, Currently I think the price of bitcoin  is at twenty eight thousand, so therefore I believe that bitcoin price is something that's moving gradually in price, I think that with the fluctuating rate of bitcoin I believe that the price will approximately get to more than thirty thousand, I may say it will approach to such particular price under probability

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October 03, 2023, 01:38:53 PM
 #69

No need to be confused but just enjoy the price movement because it looks like the price still can't increase too much.
Even if it can, it may not reach above $29k, so we have to be satisfied seeing the price can reach higher than it was some time ago.
There will be a time when it can increase drastically and in the meantime, you should focus on collecting more bitcoins because the time to increase drastically may come suddenly.
I'm still not sure if the price can surpass $28k or even $30k by the end of this month but who knows, it becomes a reality so that in the following months, bitcoin can rise even higher.

I hope you're still looking at the price because is going somewhere positive, now we have it at $27k and to be sincere with you on this I feel the price is going to surprise your imagination.
It will definitely surpass $28k and as it is I'm expecting it to get to $29k before end of this month, I just had that feeling that this month would be better than last month.
October can be the month of surprise who knows, like it will be hitting $30-32k, I'm not saying you should believe me but just observe how it moves.
What happened to Bitcoin's movement is still a healthy correction and Bitcoin is struggling to break the 30K mark this year, not this month onwards. And Bitcoin's recent rise was 27K and I'm sure the price will fall again, but the decline will not exceed 25k. The reason is, many investors are still waiting for the lowest point in Bitcoin prices with the belief that it will reach 25K, which they think is a good price to buy it. And maybe Bitcoin price will reach 30K by the end of this year, and 2024 is a good year for Btcoin movement which will increase gradually.
Right now there is an oscillating situation among investors. At times Bitcoin moves towards $28k and then comes back. However, if this situation continues, we will definitely see the Bitcoin price rise towards the end of the year. Some investors have yet to gain the confidence that they think the price of Bitcoin will fall further and that they will have the opportunity to buy from the dip. I think bitcoin will be bullish under such conditions. Those who buy and persevere will definitely reach their goals according to their expectations. As per my prediction we can see Bitcoin price at $35k within this year.
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October 03, 2023, 02:11:05 PM
 #70



My opposing thought says that there is still no theory that can guarantee that month A or B the price of Bitcoin in the market will continue to be in a miserable state. I see that this September is not as severe compared to the decline that occurred outside September.
There are those who are pessimistic that Bitcoin will not be able to reach a price above $27k, in fact 1 Bitcoin is trading at $27+ and has the potential to reach $28k.

It's all just everyone's predictions and expectations, no one claims or affirms that bitcoin will definitely follow this or that model.  just like we have no guarantee that bitcoin will definitely increase in price after the upcoming halving, but based on history, we have the right to expect it.  historically, October has always been a more positive month for bitcoin, so if you are expecting a market recovery, you are right to expect and predict it.  as for those who are pessimistic about bitcoin, maybe they are expecting bitcoin to decrease more to make collecting more convenient, so maybe they expect the opposite.
Everyone is just assuming the price of bitcoin will definitely rise in this October, what I really know about bitcoin price is that the increment in price does not occur or manifest through predictions or expectations of investors, the price of bitcoin just get increased and above our expectations due to the gravity of investors into the market at particular point in time, but people doesn't understand exactly what makes bitcoin to rise, now we are expecting the price of to increase what is the necessary or a cogent information we obtain in bitcoin that made us to think that bitcoin price is going to be all over green from now it next year, everyone is just exaggerating in bitcoin price because nobody has come with proper proof to indicate that bitcoin price will increase above thirty thousand before end of October and before this year runs out.

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October 03, 2023, 04:17:08 PM
 #71

Though we are getting a bit rally lately with the price of BTC, I'm not too confident about this move because I don't like the fact that Bitcoin created a lot of liquidity around the 25k price support level, and such a formation like this tends to result in the price coming back into sweeping those liquidy before making its way back up, however, before this will happen, I'm expecting in the short term for the price to rally towards kissing the $29.250k level of resistance and further move to knock out the resistance at 31k or either back down to sweep liquidity at 25k.
What you narrated is something that is happening now, for look of bitcoin price right now believe that the price will be shifting up, Currently I think the price of bitcoin  is at twenty eight thousand, so therefore I believe that bitcoin price is something that's moving gradually in price, I think that with the fluctuating rate of bitcoin I believe that the price will approximately get to more than thirty thousand, I may say it will approach to such particular price under probability

When the price of Bitcoin moved from $26k to $27k before the beginning of October, those who were buying Bitcoin were holding for some time. When the month of October started and the price of Bitcoin hit $28k as it got bigger. Then short-term investors started selling, which has since bounced back to $27k.

I believe Bitcoin will increase in price very slowly. And if Bitcoin is to go to 30k or more then it will definitely go by the end of October. Hopefully bitcoin will cross $35k very soon.
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October 03, 2023, 09:30:06 PM
 #72

-snip-

The answer is also still changing because the $28k resistance that occurred in the last 24 hours yesterday only lasted for a moment because the closing price was $27.6k. Today's market chart experienced a difference where the indicator showed a buy signal.
But October is still very early which makes me think that there is still hope as market analysis of bitcoin prices will be in better condition than in September.
I have always been skeptical about the possibility of bitcoin being able to maintain the latest support price while breaking through resistance if the resistance is broken within 24 hours. It is too easy for people to panic and change their trading plans - as a result the price reverses and returns to previous support.

I think day trading is probably still quite profitable compared to long term investments in the short term at the moment - but when bitcoin regains its best momentum then I believe they will all FOMO.

-snip-

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

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October 04, 2023, 03:14:20 AM
 #73

Everyone is just assuming the price of bitcoin will definitely rise in this October, what I really know about bitcoin price is that the increment in price does not occur or manifest through predictions or expectations of investors, the price of bitcoin just get increased and above our expectations due to the gravity of investors into the market at particular point in time, but people doesn't understand exactly what makes bitcoin to rise, now we are expecting the price of to increase what is the necessary or a cogent information we obtain in bitcoin that made us to think that bitcoin price is going to be all over green from now it next year, everyone is just exaggerating in bitcoin price because nobody has come with proper proof to indicate that bitcoin price will increase above thirty thousand before end of October and before this year runs out.
I think those who assume that Bitcoin will experience an increase have certain reasons, but in every assumption they make, nothing has actually happened. Every time someone collects bitcoin, of course they will make their own assumptions about the price of Bitcoin and of course they are very confident that the price of Bitcoin will still rise again even though it experiences a decline, so they choose to hold on to it until they make a profit. I agree with you that everyone is overestimating Bitcoin and they can't provide proper proof of Bitcoin's price at the end of this month.

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October 04, 2023, 04:14:24 AM
 #74

Everyone is just assuming the price of bitcoin will definitely rise in this October, what I really know about bitcoin price is that the increment in price does not occur or manifest through predictions or expectations of investors, the price of bitcoin just get increased and above our expectations due to the gravity of investors into the market at particular point in time, but people doesn't understand exactly what makes bitcoin to rise, now we are expecting the price of to increase what is the necessary or a cogent information we obtain in bitcoin that made us to think that bitcoin price is going to be all over green from now it next year, everyone is just exaggerating in bitcoin price because nobody has come with proper proof to indicate that bitcoin price will increase above thirty thousand before end of October and before this year runs out.
I think those who assume that Bitcoin will experience an increase have certain reasons, but in every assumption they make, nothing has actually happened. Every time someone collects bitcoin, of course they will make their own assumptions about the price of Bitcoin and of course they are very confident that the price of Bitcoin will still rise again even though it experiences a decline, so they choose to hold on to it until they make a profit. I agree with you that everyone is overestimating Bitcoin and they can't provide proper proof of Bitcoin's price at the end of this month.

If you are a believer in history repeating itself, you will see that people have reason to hope bitcoin will increase in price again this month. Once we talk about the future, none of us can give any proof because it hasn't happened yet, so don't ask for proof when talking about the future. When people expect bitcoin to increase in price, it is just their optimism about bitcoin, not that they are overvaluing bitcoin. Because no investor wants to lose money, including you.

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October 04, 2023, 05:59:38 AM
 #75

If you are a believer in history repeating itself, you will see that people have reason to hope bitcoin will increase in price again this month. Once we talk about the future, none of us can give any proof because it hasn't happened yet, so don't ask for proof when talking about the future. When people expect bitcoin to increase in price, it is just their optimism about bitcoin, not that they are overvaluing bitcoin. Because no investor wants to lose money, including you.

History doesn't repeat itself every time; September can be an example of that. For the past few years September has been mostly red but this time we saw a positive outcome from the bitcoin price. This is significant as there have been a lot of things that have happened in the cyrpto space that have never happened before. My sentiment is more on the positive side. All the catalyst events that are upcoming can bring lots of excitement to the market.









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October 04, 2023, 09:26:24 AM
 #76

When the price of Bitcoin moved from $26k to $27k before the beginning of October, those who were buying Bitcoin were holding for some time. When the month of October started and the price of Bitcoin hit $28k as it got bigger. Then short-term investors started selling, which has since bounced back to $27k.

I believe Bitcoin will increase in price very slowly. And if Bitcoin is to go to 30k or more then it will definitely go by the end of October. Hopefully bitcoin will cross $35k very soon.
Yeah, we are not going to go from 25k to 75k in a day, that's not how it works at all. I think the best way to approach this would be getting your point one by one, so you are going to end up with 28k then 30k then 35k then 40k type of increases and that's how you are going to be the most important case.

That's going to be an important thing, because that small by small makes people doubt about it and that's what you are going to end up getting the most important part, because all those who doubt it will not end up with a return and should be careful about it. I think if you get in early and not doubt it for as long as possible then you are going to make a profit.

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October 04, 2023, 11:15:54 AM
 #77

Yeah, we are not going to go from 25k to 75k in a day, that's not how it works at all. I think the best way to approach this would be getting your point one by one, so you are going to end up with 28k then 30k then 35k then 40k type of increases and that's how you are going to be the most important case.

That's going to be an important thing, because that small by small makes people doubt about it and that's what you are going to end up getting the most important part, because all those who doubt it will not end up with a return and should be careful about it. I think if you get in early and not doubt it for as long as possible then you are going to make a profit.
It's easy to say that but it's difficult for bitcoin to break through resistance above $30K - so far it can only break through to $31K after that bitcoin fell again to be in the range of $25K to $27K - $30K is more correct to say sideways because bitcoin doesn't really move too much significant.

In the short term it is still difficult, but for those in the long term it is not a matter of worry and remains calm.

Don't know what the important part is, whether they are only concerned with the short term for the need for quick profits but panic is always there or with the long term with little calm who will definitely wait for the next cycle, this is a scenario where many investors struggle for the long term.

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October 05, 2023, 02:49:06 AM
 #78

If you are a believer in history repeating itself, you will see that people have reason to hope bitcoin will increase in price again this month. Once we talk about the future, none of us can give any proof because it hasn't happened yet, so don't ask for proof when talking about the future. When people expect bitcoin to increase in price, it is just their optimism about bitcoin, not that they are overvaluing bitcoin. Because no investor wants to lose money, including you.

History doesn't repeat itself every time; September can be an example of that. For the past few years September has been mostly red but this time we saw a positive outcome from the bitcoin price. This is significant as there have been a lot of things that have happened in the cyrpto space that have never happened before. My sentiment is more on the positive side. All the catalyst events that are upcoming can bring lots of excitement to the market.

Which event? I don't see any positive news coming to the market in the coming days, other than everyone looking forward to the bitcoin halving event. But as an investor, we should always be optimistic no matter what happens because when we are optimistic, we will have enough strength to overcome all difficulties in the market.

In short, the future is unpredictable, as a wise investor, we should always be mentally prepared and have a plan for every possible scenario. Don't be too subjective, and absolutely don't be pessimistic.

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October 05, 2023, 03:35:37 PM
 #79

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

Should we fasten our seat belts this October?
That's my question regarding our optimistic attitude that this October there will be big movements even though we are only a speculator.
I have my own observations if a big movement will occur this month. Maybe at the end of October there will be some event that can encourage positive changes for the price of bitcoin.

I'm still very young at speculating on the state of the market, but this picture makes a strong case that October is off to a happy start.


R


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October 05, 2023, 05:21:51 PM
 #80

If you are a believer in history repeating itself, you will see that people have reason to hope bitcoin will increase in price again this month. Once we talk about the future, none of us can give any proof because it hasn't happened yet, so don't ask for proof when talking about the future. When people expect bitcoin to increase in price, it is just their optimism about bitcoin, not that they are overvaluing bitcoin. Because no investor wants to lose money, including you.

History doesn't repeat itself every time; September can be an example of that. For the past few years September has been mostly red but this time we saw a positive outcome from the bitcoin price. This is significant as there have been a lot of things that have happened in the cyrpto space that have never happened before. My sentiment is more on the positive side. All the catalyst events that are upcoming can bring lots of excitement to the market.

Which event? I don't see any positive news coming to the market in the coming days, other than everyone looking forward to the bitcoin halving event. But as an investor, we should always be optimistic no matter what happens because when we are optimistic, we will have enough strength to overcome all difficulties in the market.

In short, the future is unpredictable, as a wise investor, we should always be mentally prepared and have a plan for every possible scenario. Don't be too subjective, and absolutely don't be pessimistic.

I was referring to the halving events and potential approval of ETFs. More positive news will likely  follow to create a FOMO in the market which will cause a rally towards a new ATH.

In the short term i anticipate a slight correction and possible fud from Binance. We have already seen how the SEC is working to disrupt binances services by filing lawsuits against them. Perhaps it's because they think binance is the reason behind the collaspe and want revenge. Despite this i remain optimistic and expecting a positive outcome.









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October 05, 2023, 05:58:31 PM
 #81

I would guess that the "waiting" period is the hardest when you know it is getting near to the end. Like last year during these same months I didn't feel any urgency because I knew that we would have to wait even longer and 2022 was a bad time and 2023 would be barely better, so I had more time to wait and it didn't feel all that exciting at all.

But now when I look at it today, it feels a bit better and I feel like it is going to do well enough and should be considered something that would be nice. I hope that it gets to a point where we could end up with something nice, and should be considered profitable as well. I know that it is going to take a while but that doesn't mean that we are going to end up with better results soon.

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October 05, 2023, 09:21:51 PM
 #82

The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.

R


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October 05, 2023, 09:32:31 PM
 #83

I would guess that the "waiting" period is the hardest when you know it is getting near to the end. Like last year during these same months I didn't feel any urgency because I knew that we would have to wait even longer and 2022 was a bad time and 2023 would be barely better, so I had more time to wait and it didn't feel all that exciting at all.

But now when I look at it today, it feels a bit better and I feel like it is going to do well enough and should be considered something that would be nice. I hope that it gets to a point where we could end up with something nice, and should be considered profitable as well. I know that it is going to take a while but that doesn't mean that we are going to end up with better results soon.
After all the experiences that you have witnessed on this market for a couple of years or lets say 5-7 years based up on experience then for sure that kind of excitement and positivity would really be diminished.
Why? you've been able to witness those ups and down in the market and how many times that it would really be breaking out your expectations and guesses and this is why you are already getting used to it.
Everytime that the market would really be making some pumps then you wont really be getting that excited because you do already know on what would happen next.

The thing here is that on the time that you are considered to be that experienced then you do already know on what to do and whats not. You are aware on how the market works and how it behaves on which
it would really be just that ideal that you would really be acting basing up on the experience that you had attained over the years. Not all would be that able to succeed though but
having that experience would really be helping you out to sustain this unpredictable market.

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October 05, 2023, 11:02:07 PM
 #84

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

Should we fasten our seat belts this October?
That's my question regarding our optimistic attitude that this October there will be big movements even though we are only a speculator.
I have my own observations if a big movement will occur this month. Maybe at the end of October there will be some event that can encourage positive changes for the price of bitcoin.

I'm still very young at speculating on the state of the market, but this picture makes a strong case that October is off to a happy start.
hopefully this is true, if in this october there will be significant change towards the trend in which gonna be continued to the end of the year it will be massive.
but I think bullish will only occurred in the next year, i just have feeling that this year around would just be price swing.

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October 06, 2023, 02:44:32 AM
 #85

The biggest bull market was when the price of Bitcoin moved around $15,000. There have been various discussions and many predictions are made about the Bitcoin market where Bitcoin will go in the coming years. Although not much has changed in the market this year, we will see some changes in the Bitcoin market in the next year. We know that the Bitcoin market halves every four years and the following year begins a Bitcoin bull market. The first time we saw a bull market was in 2013, that bull market occurs every four years.
After the halving of the Bitcoin market, the bull market started as it has happened in the past and will happen in the future as well. Accordingly,

When the Bitcoin market first halved in 2012, the price of Bitcoin was $12.20. The year after the halving happened in 2013, the price of Bitcoin turned into a fertilizer market and the price of Bitcoin to ATH was $1000+.

Then when Bitcoin started its second in 2016 its Bitcoin price was $651. The year after the bitcoin halving saw another bull market in 2017 and the bitcoin market peaked. In 2017, the price of Bitcoin touched $19,800 a new ATH and made history.

Now let's look at Bitcoin's 3rd halving, when the Bitcoin market was once again in a bear market, just four years after another bull market. Later when another Bitcoin halving happened in 2020, the price of Bitcoin was $9756 at the time of the halving. Just then the following year in 2021, the price of Bitcoin increased overnight and reached its peak with the start of a bull market. And 2021 saw a huge bull run in the market, and the price of Bitcoin touched $69000 in new ATH, the highest level in history. And then again Bitcoin dumped the market and fell into a bear market.

Now let's come to when Bitcoin's 4th halving could happen. As we've seen in the past, Bitcoin market halvings typically occur after four years. Accordingly, we are currently in a bear market and there is an opportunity for us to move into a bull market. Now it is difficult to say how many dollars Bitcoin will be worth after the halving in 2024, but many predict that after the halving Bitcoin will be worth between $50k and $60k. And when the bull market hits the market next year, Bitcoin will cross $100,000, which is predicted by most pundits. As we have seen many bull markets and halvings in the past, we can predict that the Bitcoin market will cross $100,000 in 2025.

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October 06, 2023, 02:57:45 AM
 #86

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

Should we fasten our seat belts this October?
That's my question regarding our optimistic attitude that this October there will be big movements even though we are only a speculator.
I have my own observations if a big movement will occur this month. Maybe at the end of October there will be some event that can encourage positive changes for the price of bitcoin.

I'm still very young at speculating on the state of the market, but this picture makes a strong case that October is off to a happy start.
hopefully this is true, if in this october there will be significant change towards the trend in which gonna be continued to the end of the year it will be massive.
but I think bullish will only occurred in the next year, i just have feeling that this year around would just be price swing.
we are not looking for Bullish this year even in last quarter but what we are at least seeking for good refuge because the whole 2023 seems to be a bad days for all bitcoin supporters.
I even believe that 30k is our maintaining value but look at it now, staying low the whole year.
yeah we broke once 30k but drops again and never made it back.
The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.
healthier just because we tasted 27-28k? but we have 30k in the recent month so what are the difference from this month?

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October 06, 2023, 06:32:09 AM
 #87

healthier just because we tasted 27-28k? but we have 30k in the recent month so what are the difference from this month?


Yes, the market is healthier not only because we have tasted $27-28k, it have happened before but this time around is going up not sticking around in a very low price for long. When we experienced $30k it didn't last up to a week or get to $31k, it went down to $25k so to me I feel this is a positive start to hit $30k and even surpass it by this month.
We just have to be positive on the way the market price is making it's way to a price we haven't seen in recent months, so I feel this month of October is going to be much better than previous ones, after the fall of Bitcoin price and now we see something different and it's heading to the direction many are expecting it to be you telling me that it isn't a healthy month?🤔

R


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October 06, 2023, 07:41:19 AM
 #88

sorry, I think I'm going to be a little off topic, but from history, Bitcoin always experiences a decline in September to December when the bear market occurs, but why is Bitcoin currently going up and sideways then trying to go up again, it should have been at the end of September when Bitcoin closed. the price is 25,000$ and below.
Is it the factor of the large number of dollars being printed every time that keeps the price of Bitcoin stable?
even though it actually has to go down.
Any opinions would be greatly appreciated.

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October 06, 2023, 11:53:40 AM
 #89

sorry, I think I'm going to be a little off topic, but from history, Bitcoin always experiences a decline in September to December when the bear market occurs, but why is Bitcoin currently going up and sideways then trying to go up again, it should have been at the end of September when Bitcoin closed. the price is 25,000$ and below.
Is it the factor of the large number of dollars being printed every time that keeps the price of Bitcoin stable?
even though it actually has to go down.
Any opinions would be greatly appreciated.

History is just one of the data for us to refer to and make predictions about the future, there is no guarantee or certainty that history will always repeat. If everything always repeats itself down to every detail, do you think bitcoin will still be unpredictable? You should only refer to past data, do not believe too much that everything will repeat in every detail, that is not how the market operates, and is not the way for you to survive in this market.

By the way, October has historically been a good month for bitcoin but there is no guarantee that will happen again.

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October 06, 2023, 01:01:37 PM
 #90

Yes past Historical data are there for reference and not a guarantee of future results,  However, History repeats itself but at some point, it may either rhyme or may not rhyme. we have seen in the past where we have some months that are favorable or not favorable when it comes to the price of Bitcoin, and when we get to such a month in the future we have the same reaction to the price.
I kind of think the month of October will close bullish.

R


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October 06, 2023, 01:16:14 PM
 #91



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
BTC's current price target is positive but its movement is slow. It seems that the market will turn bullish anytime it gets a positive signal. But it has to wait for some more time to get that positive signal. If we get the expected ETF approval on 17th of this month, then there may be high bullish momentum but that is depend on the result. Moreover, we are almost at the end of this year and we can already see a bullish movement of BTC based on the upcoming halving. The chart you show makes a prediction though it is older but with current condition it is logical. The market is currently at around 27500 where we can see BTC move a little further to the upside. The market may rich between $29000  to $30000 in these days.

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October 07, 2023, 10:22:31 AM
 #92

Yes past Historical data are there for reference and not a guarantee of future results,  However, History repeats itself but at some point, it may either rhyme or may not rhyme. we have seen in the past where we have some months that are favorable or not favorable when it comes to the price of Bitcoin, and when we get to such a month in the future we have the same reaction to the price.
I kind of think the month of October will close bullish.

The way the market favors some months in the past might be different this time around, and in the past the worst month might be one of the best month even if you check past historical data, so I won't bank on past events when it comes to the flow of the market price.
The way things are headed it may be that every event in the past might be working the opposite way, let me say August was much favorable in the past and this year's August was pretty bad, something like that, so I'd still go with what the market is bringing not dwelling in the past record or should I say past events.

R


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October 07, 2023, 05:11:57 PM
 #93

I would guess that the "waiting" period is the hardest when you know it is getting near to the end. Like last year during these same months I didn't feel any urgency because I knew that we would have to wait even longer and 2022 was a bad time and 2023 would be barely better, so I had more time to wait and it didn't feel all that exciting at all.

But now when I look at it today, it feels a bit better and I feel like it is going to do well enough and should be considered something that would be nice. I hope that it gets to a point where we could end up with something nice, and should be considered profitable as well. I know that it is going to take a while but that doesn't mean that we are going to end up with better results soon.
Diamond Hand will generate more profits, but with the condition of holding coins that have good long-term potential, such as holding Bitcoin for the next few years.
We are almost close to our goal, wait a little longer and it will finally bring the long-awaited benefits.
We are still in a bear market and need some planning to be able to buy more. When the time comes, we will see the results and that is what we really hope for from Diamond Hand.
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October 07, 2023, 08:34:01 PM
 #94

BTC's current price target is positive but its movement is slow. It seems that the market will turn bullish anytime it gets a positive signal. But it has to wait for some more time to get that positive signal. If we get the expected ETF approval on 17th of this month, then there may be high bullish momentum but that is depend on the result. Moreover, we are almost at the end of this year and we can already see a bullish movement of BTC based on the upcoming halving. The chart you show makes a prediction though it is older but with current condition it is logical. The market is currently at around 27500 where we can see BTC move a little further to the upside. The market may rich between $29000  to $30000 in these days.
That is fine, taking it's time is the way to go and should be something that would benefit everyone for the long term. I believe that the best thing we could do at this point would be making sure that it's not going to end up with a result that should hurt everyone on the long term.

It is smart to take our time to grow because it allows us to make a bigger and better increase, if we rush an increase then it would not be smart since we would run out of money quickly and other people wouldn't have time to help us out, but when you are doing it slowly that means you will not run out of money quickly and since it takes time during the same period people would be able to make investments and catch up with you and take it even higher.

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October 07, 2023, 08:47:29 PM
 #95

My opinion on market is pretty blind but I will be honest. I couldn't stay diamond hands in later months and decided to sell some Bitcoin that I actually bought high. I know you would shame me guys but sometimes it just happens. September was terrible. This month we experienced little bit of recovery so I feel like it can be good to buy from time to time at drops to make more money. Markets are not terrible this month in my opinion but still not green enough.
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October 07, 2023, 09:19:08 PM
 #96

The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.

The month is just warming up although the price is good but when it's comes to the crypto market nothin is ever certain so seeing a drop at the middle of the month will not be a surprise to anyone because Bitcoin has a really funny way of moving so I am not expecting any high increase in the price and this is because we are even getting close to the end of year and many strange things always occur during this period.

R


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October 10, 2023, 09:52:00 PM
 #97

The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.

The month is just warming up although the price is good but when it's comes to the crypto market nothin is ever certain so seeing a drop at the middle of the month will not be a surprise to anyone because Bitcoin has a really funny way of moving so I am not expecting any high increase in the price and this is because we are even getting close to the end of year and many strange things always occur during this period.

No doubt that the month is still fresh but the market has the final say that's if the price will go up or not, as it is many are still hoping to see the price at $28k or even surpass that amount. We shouldn't be surprised if before the end of this year we'd see something different than what we're expecting, but for now let's say Bitcoin price is not in any hurry to get to $28k, this week the price is not that fast in leaving $27k.

R


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October 10, 2023, 10:39:56 PM
 #98

I am also watching so many images claiming that we are nearing a possible pump which will let btc enter into bull run and it will not be a parabolic run like before, but calm so the ups and downs will continue to occur rather than getting a straight green candle and then an immediate correction. There are many trading experts calling them Gurus of trading, but it is better to dyor and then decide to take their call or not. Do not enter futures with their predictions because if it even becomes true, sometimes it will take more time and go against you first before painting the chart as you saw.
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October 11, 2023, 08:44:26 PM
 #99

I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

Should we fasten our seat belts this October?
That's my question regarding our optimistic attitude that this October there will be big movements even though we are only a speculator.
I have my own observations if a big movement will occur this month. Maybe at the end of October there will be some event that can encourage positive changes for the price of bitcoin.

I'm still very young at speculating on the state of the market, but this picture makes a strong case that October is off to a happy start.
hopefully this is true, if in this october there will be significant change towards the trend in which gonna be continued to the end of the year it will be massive.
but I think bullish will only occurred in the next year, i just have feeling that this year around would just be price swing.
we are not looking for Bullish this year even in last quarter but what we are at least seeking for good refuge because the whole 2023 seems to be a bad days for all bitcoin supporters.
I even believe that 30k is our maintaining value but look at it now, staying low the whole year.
yeah we broke once 30k but drops again and never made it back.
The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.
healthier just because we tasted 27-28k? but we have 30k in the recent month so what are the difference from this month?

You know people would really be having those bullish sentiment on the time that the price would be moving +2k into its previous price on which they would really be having those impression that this might be start of the
bull run or would really be talking about price increase rally but same as you said there's no such difference with those movements considering on the price or value that we are still hovering which is on 27k playing around. It did really just make out some movements but arent something that specicial because we cant really been able to break that 30k barrier on which we had thought that it was going to happen in previous months but look at on where we are now?

We are still that hovering into these levels moving back and forth. No sentiments or news around on which it is really that hard to make out some analysis because the volatility or movement could easily
fucked up those analysis been made out and this what makes that so hard to tell on where prices could actually go next. So far we are still looking good at the current market condition
but we dont really actually know on when it would really be starting to kick in.

Just been said that price might be moving into those significant levels on the time that halving event is really that nearly fast approaching. This is the only sentiment which i do see that
it might be the catalyst for a complete market reversal.

R


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October 11, 2023, 09:47:12 PM
 #100

The last time there was a post where I talked about the price resisting at the zone of $28k after that it breakout and when I saw that the price got rejected on the daily time frame the previous day with a bearish long wick candle, which looks like a false break out and since then the price has been battling and hovering around $26k-$27k, and I'm looking a the price going back to mitigate $25k price level once for failure to smash $28k -$31k.

R


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October 11, 2023, 11:10:33 PM
 #101

I feel that the price will keep on its sideway movement this month.  Not much news that can propel the price of Bitcoin.  If there is some movement upward, it might be a bull trap, created by some big players to bag some profit in this sideway market.

I am also watching so many images claiming that we are nearing a possible pump which will let btc enter into bull run and it will not be a parabolic run like before, but calm so the ups and downs will continue to occur rather than getting a straight green candle and then an immediate correction. There are many trading experts calling them Gurus of trading, but it is better to dyor and then decide to take their call or not. Do not enter futures with their predictions because if it even becomes true, sometimes it will take more time and go against you first before painting the chart as you saw.

Nearing can be this following weeks, or months, or years, there is no one who can precisely predict the movement of Bitcoin.  Often times this rumor is spread to put up a bull trap.  unless there is news that can make the market sentiment hyped, I do not think we have to believe the rumor and be trapped by the players in the market.
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October 12, 2023, 02:20:56 AM
 #102

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.


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October 12, 2023, 02:36:32 PM
 #103



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.

R


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October 12, 2023, 02:54:54 PM
 #104



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.

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HUGE
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danadc
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October 12, 2023, 04:23:15 PM
 #105



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.

There has been a lot of speculation about the price of bitcoin, some say that the IPC index has affected the market, but I don't see it that way, I think it is because of the war that the market may be somewhat unstable, that is what I think, I don't think it is because of those indices, it is known that the US has a lot of inflation that they have not been able to control that, but this is beneficial for bitcoin because things like this can change the determination of some investors , it is not for everyone, but Yes, for some, they can move the market, but I don't think that much , that's why I think the price can move very Positively.

R


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Fara Chan
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October 12, 2023, 04:39:14 PM
 #106

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.

I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.

This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.

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uswa56
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October 12, 2023, 05:30:17 PM
 #107

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.

I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.

This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.
It is true that it is not completely influenced by Elon, but it must be admitted that Elon Musk's influence on the crypto market in 2021 is quite large so that his impact to date, Elon Musk is a celebrity known throughout the world and what he does will have an impact on his followers to be interesting. for other people. So many people are getting involved in Crypto because of the influence of Elon Musk.

It's not fair if we keep remembering what happened to Luna and FTX because it was a long time ago and I'm sure many people have forgotten it, but to be fair we have to see overall that market growth is quite positive as time goes by which indicates that more and more people believe in it so as to strengthen current market conditions.
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October 12, 2023, 05:53:19 PM
 #108

It is true that it is not completely influenced by Elon, but it must be admitted that Elon Musk's influence on the crypto market in 2021 is quite large so that his impact to date, Elon Musk is a celebrity known throughout the world and what he does will have an impact on his followers to be interesting. for other people. So many people are getting involved in Crypto because of the influence of Elon Musk.
Elon Musk's influence on crypto market has been very negative and one of the reasons Bitcoin price was pushed down and is unable to recover itself to further price levels right now. If crypto adopters didn't give so much relevance to Musk, I believe Bitcoin could be already around 30,000$-40,000$ price range, despite the global scenario involving economical crisis, unstability and wars.

The breaking point happened when Musk badmouthed Bitcoin, removing it as payment method from his company Tesla, claiming it was harmful for the environment. I fear investors continue giving him credit, and consequently granting him power to manipulate crypto market on the direction he considers the most rewarding for his personal interests, therefore prejudicing common investors like us, who can't play from equal to equal against the big guys, the whales.

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October 12, 2023, 06:23:15 PM
 #109

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
Keep your optimism and gather more good information instead of always referring to bad events in the past. You should be aware that the market always has two cycles and in each cycle there is always good and bad news that affects the price.

Everyone is becoming more optimistic about the future of bitcoin, because the halving is an important event that can have a good impact on the price. If someone is still afraid to invest now, just leave it. The markets won't wait until they recover from their fears, so convince yourself instead of convincing others of the potential for a good future.

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October 12, 2023, 06:38:23 PM
 #110



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.

There has been a lot of speculation about the price of bitcoin, some say that the IPC index has affected the market, but I don't see it that way, I think it is because of the war that the market may be somewhat unstable, that is what I think, I don't think it is because of those indices, it is known that the US has a lot of inflation that they have not been able to control that, but this is beneficial for bitcoin because things like this can change the determination of some investors , it is not for everyone, but Yes, for some, they can move the market, but I don't think that much , that's why I think the price can move very Positively.
I think that the war does not have a strong impact on the market, because another war between Ukraine and Russia has been going on for more than a year, but it has not had a negative impact. So most likely the new war will not have a strong effect either. But inflation in the US can really play a bad role because it affects the stock market. If the stock market falls, it will be even stronger in cryptocurrency.

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October 12, 2023, 06:52:57 PM
 #111



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
This is a 2h timeframe meaning it's not really a long term prediction which is a 1week-2weeks give or take prediction, and the current range it's in is between ~28600-30000 based on how I trade and it's already at the ranges low and should try to take out the ranges high as the high failed to break the low making it the perfect target to create a new higher high...and making this a bullish run atm.

R


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October 12, 2023, 08:39:21 PM
 #112

I feel like the current situation should be considered a bit differently and I believe that we are not going to see it move too quickly anytime too soon, its going to change a lot and we are going to end up with something that will be a bit slower. My personal opinion is that 2024 will not be the year we break over ATH at all, we are going to break that in 2025, which means that we should not be expecting too much movement anytime soon. People are acting as if in a year we will be huge, but remember 2020 ,it wasn' the year that prices went up, but it was the year halving happened, which means that it was 2021 that we broke over the ATH nad got a new one, so 2025 should be the one. We need to calm down about it without a doubt, if we can do that and wait then we could profit.

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Sexylizzy2813
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October 13, 2023, 11:34:00 AM
 #113

I feel like the current situation should be considered a bit differently and I believe that we are not going to see it move too quickly anytime too soon, its going to change a lot and we are going to end up with something that will be a bit slower. My personal opinion is that 2024 will not be the year we break over ATH at all, we are going to break that in 2025, which means that we should not be expecting too much movement anytime soon. People are acting as if in a year we will be huge, but remember 2020 ,it wasn' the year that prices went up, but it was the year halving happened, which means that it was 2021 that we broke over the ATH nad got a new one, so 2025 should be the one. We need to calm down about it without a doubt, if we can do that and wait then we could profit.

Everyone is desperate to see how it will look like in the next halving but they seem to forget that the movement of Bitcoin price is like a puzzle that needs to be fixed or solved, which no one can so the expectations will always be there.
This thing about what happened years back might be what some are holding on to, the past record to judge how the flow of Bitcoin price will be like this year or even next year, with that some have already given up on this year's movement which is not going up but down. I believe with time all these sluggish movement would only be a positive step into hitting $30-35k before the end of this year.

R


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jeraldskie11
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October 13, 2023, 03:16:22 PM
 #114



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
This is a 2h timeframe meaning it's not really a long term prediction which is a 1week-2weeks give or take prediction, and the current range it's in is between ~28600-30000 based on how I trade and it's already at the ranges low and should try to take out the ranges high as the high failed to break the low making it the perfect target to create a new higher high...and making this a bullish run atm.
No matter if it is long term or short term prediction, it's not advisable to use 2h time frame to identify the overall market structure. We should always go for weekly or monthly time frame, this way would help us to avoid trading blindly. Sometimes, if we just look at the lower tf right away e.g. 2h tf and then you saw that the trend is downtrend because it's creating lower lows and lower highs, but in the htf e.g. weekly tf it's just a pull back, meaning the chance of winning the trade is not high because you're trading against trade.

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rodskee
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October 16, 2023, 10:31:03 AM
 #115



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

even how good it is explained here yet the market is not certain in anything ,. meaning this can change depend on how people support the market specially  Bitcoin as this will decide the faith of altcoins.

Of course, nothing is certain and it is impossible to confirm anything when making predictions about the future. But as a bitcoin investor, we should also analyze and make our own predictions about the market. It can be said that prediction is an indispensable part of investing whether it can be right or wrong. If you invest without any prediction or discussion, it will be very boring and tasteless.
But talking about long-term investment, I am quite sure that the future of bitcoin is bright and we can bet our faith on it. I have complete confidence in bitcoin and in my decisions.

and that is the reason why I never come to believe what others said instead i try to have my own analyzation and of course using my instinct to know what my position is.

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October 19, 2023, 08:08:40 PM
 #116

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
First of all, the halving event is expected to occur in April, 2024, and that isn't actually the start of the year. And, the market has been down since 2021 because Bitcoin and the whole market move in a cycle, and after the cycle restarted in 2021 when Bitcoin hit its all-time high, it is yet to reach the end of the other cycle which is expected between 2024 and 2025 when the market will rise once again and then the cycle will end again and we will surely see another decline after that.

Unfortunate events such as the crashes like LUNA and FTX affected the movement of the market, for sure, but when that happened, we were already in the bear market those things made it go even deeper than expected, however, it has recovered pretty well from that and all we are waiting for is the beginning of the bull run of this cycle.

cryptomaniac_xxx
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October 20, 2023, 03:19:52 PM
 #117

Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
First of all, the halving event is expected to occur in April, 2024, and that isn't actually the start of the year. And, the market has been down since 2021 because Bitcoin and the whole market move in a cycle, and after the cycle restarted in 2021 when Bitcoin hit its all-time high, it is yet to reach the end of the other cycle which is expected between 2024 and 2025 when the market will rise once again and then the cycle will end again and we will surely see another decline after that.

Give o take it should happen around that March-April, and so the effect of the halving might be felt at the second quarter of that year. And that is good though, we are not in a hurry to make the bull run. And it will take several months to settle everything down. So it's a slow process in early, but once we got that momentum going we will be end for another massive run in 2024-2025. And the speculation is that we will hit 6 digits in our next all time high.

Unfortunate events such as the crashes like LUNA and FTX affected the movement of the market, for sure, but when that happened, we were already in the bear market those things made it go even deeper than expected, however, it has recovered pretty well from that and all we are waiting for is the beginning of the bull run of this cycle.

It's very unfortunate, that we will experience this so called black swan events. In a bear market, there will also be events related to crypto that will really affect the market no matter what. But it seems that it's over now, I mean this year we are almost at the end of 2024 and so far no events like this will likely occur. We will see at the end of this year, hopefully we can stand and see the price at least reaching $30k, and then we are all going to be excited entering 2024.
Lanatsa
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October 20, 2023, 07:59:25 PM
 #118



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

even how good it is explained here yet the market is not certain in anything ,. meaning this can change depend on how people support the market specially  Bitcoin as this will decide the faith of altcoins.

Of course, nothing is certain and it is impossible to confirm anything when making predictions about the future. But as a bitcoin investor, we should also analyze and make our own predictions about the market. It can be said that prediction is an indispensable part of investing whether it can be right or wrong. If you invest without any prediction or discussion, it will be very boring and tasteless.
But talking about long-term investment, I am quite sure that the future of bitcoin is bright and we can bet our faith on it. I have complete confidence in bitcoin and in my decisions.

and that is the reason why I never come to believe what others said instead i try to have my own analyzation and of course using my instinct to know what my position is.

Intuition and instinct is somewhat could really be felt up everytime we are really that in verge on making up some decisions. Even if you do see others analysis turns out to be that viable or something that convincing but there are moments which your emotion and your mind telling you or those deeper voices that you shouldnt really must be following this one.You've been aware on how this market moves
and there's no such thing about a perfect trader on which you could really be able to tell yourself that you are really that following on someone who does have a better trading results or outcome.
Nothing beats out if you are really just that reliant with your own trading analysis or approach towards the market rather than on looking forward on others analysis.

Going back into the topic about my opinion about the market? It would really be just everything will really be that anticipation of major movement neither on pre-halving or post-halving period but most
of the time we would really be seeing major or big movements on the time that the halving period happens and several months later on then we might be seeing on the  things that we've been
longing to see which is that bull run period. For now its not bad to make some accumulation but due to unpredicatability then it would really be that hard to guess on where it would be going
on which it is a casual stuff as always.

R


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October 22, 2023, 10:07:35 AM
 #119



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

even how good it is explained here yet the market is not certain in anything ,. meaning this can change depend on how people support the market specially  Bitcoin as this will decide the faith of altcoins.

Of course, nothing is certain and it is impossible to confirm anything when making predictions about the future. But as a bitcoin investor, we should also analyze and make our own predictions about the market. It can be said that prediction is an indispensable part of investing whether it can be right or wrong. If you invest without any prediction or discussion, it will be very boring and tasteless.
But talking about long-term investment, I am quite sure that the future of bitcoin is bright and we can bet our faith on it. I have complete confidence in bitcoin and in my decisions.

and that is the reason why I never come to believe what others said instead i try to have my own analyzation and of course using my instinct to know what my position is.

Intuition and instinct is somewhat could really be felt up everytime we are really that in verge on making up some decisions. Even if you do see others analysis turns out to be that viable or something that convincing but there are moments which your emotion and your mind telling you or those deeper voices that you shouldnt really must be following this one
we have all our own way to understand and invest in this market , others don't believe in intuition while some did like me .
and also the problem here is that those who are looking at the chart and graph believes that they already believe about the coming growth but ending?they also lost in their investments.
I will leave to you about decisioning because that is your money and your concern.

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October 22, 2023, 12:11:06 PM
 #120

we have all our own way to understand and invest in this market , others don't believe in intuition while some did like me .
and also the problem here is that those who are looking at the chart and graph believes that they already believe about the coming growth but ending?they also lost in their investments.
I will leave to you about decisioning because that is your money and your concern.
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.

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lizarder
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October 22, 2023, 01:51:22 PM
 #121

I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
I still have the confidence that for the next few weeks Bitcoin will be in the current price range. We have also been bitcoin in the previous month where prices continue to rise and slowly corrected. There are no signs yet that the price could exceed $31K by the close of this month even though the market has shown an increase in prices compared to before. I would like to see this month close at $30k and if that happens there is a possibility that next month it might hit $31K

Fundamentally there may be no strong analysis that can provide references about prices, however my assumption is related to some cases that occur, regarding negative and positive news about Bitcoin. So let's see how at the end of this month Bitcoin shows the price and I hope $ 30k is the right price for closing this month.

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.Duelbits.
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October 22, 2023, 02:07:14 PM
 #122

Fundamentally there may be no strong analysis that can provide references about prices, however my assumption is related to some cases that occur, regarding negative and positive news about Bitcoin. So let's see how at the end of this month Bitcoin shows the price and I hope $ 30k is the right price for closing this month.
Regarding the Bitcoin ETF, any decision from the SEC will undeniably impact the price. If there's a delay in the SEC's decision announcement, there's a likelihood that BTC will remain in the $28k-$30k range. We all know that the SEC often requests extensions to announce their decisions, and this significantly affects market demand. Investors' confidence was bolstered when the SEC lost in its battle against Grayscale Investments in court. So, there really isn't any other reason to hold back the progress of BTC. Sooner or later, Bitcoin must experience a bullish trend.

As of now, I still perceive a positive market sentiment. The deadline set by the SEC for the Grayscale decision will likely be announced before January 10. There's still time to keep BTC prices from breaking the support level.
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October 22, 2023, 02:19:01 PM
 #123

-snip-
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.
There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

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October 22, 2023, 04:23:12 PM
 #124

-snip-
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.
There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

I would not advise anyone to lend money unless they need it urgently, but to lend money and buy Bitcoin it is something that everyone should know if they can pay it on time or not, but it would be a very interesting risk, because it can be paid in one Maybe if bitcoin goes up, the rest if it goes down, then I don't recommend it, because obviously things can be more difficult to pay, so these things are what have to be seen, but if I would do it, buying bitcoin now is buying to our good life in the future, right now it is what should be bought, there is no doubt about it, when it rises more than 100 thousand USD things will manifest themselves again as regret for those who did not buy out of fear.

R


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October 25, 2023, 02:07:56 PM
 #125

Regarding the Bitcoin ETF, any decision from the SEC will undeniably impact the price. If there's a delay in the SEC's decision announcement, there's a likelihood that BTC will remain in the $28k-$30k range. We all know that the SEC often requests extensions to announce their decisions, and this significantly affects market demand. Investors' confidence was bolstered when the SEC lost in its battle against Grayscale Investments in court. So, there really isn't any other reason to hold back the progress of BTC. Sooner or later, Bitcoin must experience a bullish trend.

As of now, I still perceive a positive market sentiment. The deadline set by the SEC for the Grayscale decision will likely be announced before January 10. There's still time to keep BTC prices from breaking the support level.
That has definitely had an impact and bitcoin has experienced quite a significant price pump in the last two days. This shows the speed of my predictions at the end of the month and this rare moment provides good momentum before Bitcoin corrects again going forward. For people who set short-term investments, maybe a price of $34k-$35k will already make a profit if sold and also depends on what position they buy. I also don't know whether the price pumping that occurred in the last two days was caused by the SEC because it didn't follow the latest news regarding developing issues because it was caused by my busy work schedule.

The support level was exceeded and the prediction went far from my analysis, however this indicates a positive level for future market movements and although it may be corrected again to below the previous support price. That is why it is difficult to make accurate predictions with high levels of volatility and there are always certain moments that can lead to Bitcoin pumping and correcting.

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November 21, 2023, 02:15:52 PM
 #126



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
I am not a professional or trading expert in the cryptocurrency world, but if you look at the graph, it looks like the potential for Bitcoin price increases is still continuing. Moreover, recently market conditions have improved and the price of bitcoin has returned to above $30k where the price of bitcoin is currently trading in the range of $36k-$37k.

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November 22, 2023, 03:03:59 AM
 #127



I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
I am not a professional or trading expert in the cryptocurrency world, but if you look at the graph, it looks like the potential for Bitcoin price increases is still continuing. Moreover, recently market conditions have improved and the price of bitcoin has returned to above $30k where the price of bitcoin is currently trading in the range of $36k-$37k.
Holding in 36-37k USD is for me one that makes sense now , there are many chances that market will cross moving but it doesn't mean we are not seeing Bull market this year ender .
actually I am not particular in seeing graphs nor patterns but what I do believe is the market will act depending on how we also act on it, how could we expect increase when we are not buying?
lets do our part and lets make this market great again from the recent ATH.

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November 22, 2023, 03:47:19 AM
 #128

Quote from: Falconer
Quote from: Fara Chan
Quote from: rodskee
-snip-
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.
There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

I think, financial advice can help you to go a long way in your crypto investment, if you can follow the directions like this bearish season that is making long investors to hold their coins just because a massive bullish market is coming that will make them to achieve a good income in the future. But if you don't have the money to invest in many coins, you can make Bitcoin your choice and it will bring you a good profits when the price increase higher in the market. There is a hope for
a little bullish season to appear before the end of this year because the market price look like what will reach $45,000 before the end of December.

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November 23, 2023, 04:28:09 AM
 #129

Honestly, my prediction is that BTC and Altcoin will go down in October and November because I see it based on past data.
but what happened was that the market went up, many said this was a fake bull and the like, even the CAPO said that, he was very confident in his prediction, well at that time I entered short because I took data based on previous data, not just because of the capo's prediction. .
but the market said differently and I was liquidated at 32k$.
Very sad, but I'm confused about what causes the market to not match the history that has happened before.

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November 23, 2023, 04:31:57 AM
 #130

-snip-
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.
There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

I would not advise anyone to lend money unless they need it urgently, but to lend money and buy Bitcoin it is something that everyone should know if they can pay it on time or not, but it would be a very interesting risk, because it can be paid in one Maybe if bitcoin goes up, the rest if it goes down, then I don't recommend it, because obviously things can be more difficult to pay, so these things are what have to be seen, but if I would do it, buying bitcoin now is buying to our good life in the future, right now it is what should be bought, there is no doubt about it, when it rises more than 100 thousand USD things will manifest themselves again as regret for those who did not buy out of fear.

Borrowing money to use as investment (specially in bitcoin/crypto investment) is something very wrong to do , imagine that you will be needing to pay that borrowed money in specific time while the price of crypto is unpredictable?

what if the price of bitcoin fails to have a huge increase for years? what would you do to pay that borrowed money?
I think that is a double risk to do , borrowing money from super volatile market investing.

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December 09, 2023, 05:05:24 PM
 #131


I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.

I don't think that we need to brainstorm it though, I'm no expert, but it seems that the price is going on a roller coaster ride.
Meaning, we are still in the bear market, we can't even break the $30,000 barrier again? So just expect that the market will go on a sideway pattern in short term.
So it could be this month, or maybe up to the end of the year.
But as others have said, since we are in the bear market, then still take advantage of the market, just continue to accumulate as much as you can.

That's right and I agree with you in reading this, yes, the market situation is still the same as before, it's still sideways and hasn't shown the direction of a good movement, but what we have to understand is how to take advantage of the situation and increase profits with a trading method that produces the important thing that is realistic and not dizzy after entering the market because the ultimate goal in trading is profit, not loss.
Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.

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December 10, 2023, 06:01:50 AM
 #132

Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.

analysing chart pattern will help you to choose on right time and collect maximum financial gain. Some individuals are unable to understand price chart therefore at start they are not gaining any profits but when they see the movement of market and then keep eye on price chart then they will understand it.

Most of the time when newbies enters to the market then they have little or no experience so they should participate in various groups which provides signals because at start no one comes for trading with 100% experience and knowledge. There will be certain strain at the beginning but look into the thoughts and discussions of other experience traders until you understand everything and start trading with your own experience.



 

 

 

 

 

 


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December 10, 2023, 10:21:27 PM
 #133

I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
Well, you shouldn't trust anyone with TA predictions or the next direction of the market. Take an objective look at the bitcoin trend and observe cautiously, trust, be patient,... and I think you already know the results of this guy's prediction now. Predictions and analysis are free on the bitcoin free market, but you must show consistency.

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December 10, 2023, 10:49:42 PM
 #134

Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.
We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.

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December 11, 2023, 08:59:35 AM
 #135

Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.
We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.

Or to make it easy for the majority of us, why not just buy and to continue to increase the amount of Bitcoin in our wallet and just wait till the bull run starts? Again, we need to just keep everything simple here, do not overthink or if you are not good in technical analysis then so be it. Just leave it to those guys that are already expert on it and just see what they have to say about the current, short or long term price prediction.

And in your case, you are not an expert but you are a investor. So you just accumulate as much as you can. Protect your bitcoin, your wallet and your seed. And just come back after the block halving, and then continue what you do best and in the next year or so you will profit for sure.

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yohananaomi
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December 16, 2023, 09:30:09 AM
 #136

Honestly, my prediction is that BTC and Altcoin will go down in October and November because I see it based on past data.
but what happened was that the market went up, many said this was a fake bull and the like, even the CAPO said that, he was very confident in his prediction, well at that time I entered short because I took data based on previous data, not just because of the capo's prediction. .
but the market said differently and I was liquidated at 32k$.
Very sad, but I'm confused about what causes the market to not match the history that has happened before.
The prediction was correct, but as we entered the beginning of December, it seemed to start to improve and continue to increase, although in the end it fell again. Will this trend return in October? If you see that it will soon be the end of the year and the halving period will come, it is possible that there will be a correction and it could return to the price at the beginning of October, but hopefully it won't be corrected too deeply, although of course it is a very good opportunity to be able to buy. and hold it because the halving is coming and the increase will begin.But I believe that the Bitcoin journey will repeat the behavior that has been done before; it is only the time situation that makes the difference.

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December 16, 2023, 12:54:52 PM
 #137

If we see the date and the market conditions when this thread was created and today’s conditions, then there is a lot of difference to be honest. Bitcoins have really impressed us in this December. Now Bitcoins average price is around 40k USD, so it’s pretty good what we were assuming at the starting of September. If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.

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December 16, 2023, 01:47:01 PM
 #138

If we see the date and the market conditions when this thread was created and today’s conditions, then there is a lot of difference to be honest. Bitcoins have really impressed us in this December. Now Bitcoins average price is around 40k USD, so it’s pretty good what we were assuming at the starting of September. If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.

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December 16, 2023, 04:03:28 PM
 #139

We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.
What I don't understand is why there are still some people who equate long-term investment with long-term or short-term trading. Even though it is very clear that these two things must be separated from each other because basically they are not the same and we cannot equate them and making analysis on price chart patterns is also only more relied on by traders because investors usually prefer to buy directly when there is a decline. occur and save it as an investment without having to spend more time analyzing the price chart.

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December 16, 2023, 05:23:00 PM
 #140

I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.

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December 16, 2023, 06:32:43 PM
 #141

It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.

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December 16, 2023, 07:11:10 PM
 #142

It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
Market could really be able just to go into two possible ways on which it would really be going up and going down. It is really just that we could really just make out those differentiations when it comes to trend and other aspects on which people would really be able to tell on where it could possible go and handling out would really be just that depending into someones capability on handling himself towards the market.
It isnt something simple but its not really that impossible for you to deal off with. To this market then it would really be totally that speculative considering that its never been that predictable in the first place.
There are tons of factors on which it could really affect its movement and this is why it would really be just that depending to those outcome and results on how well you do
make out those trades.

This market is never been that easy to deal with specially that emotions will really be also take a great toll whenever you do make out decisions on which it is really just that
something that important to have that kind of control and other aspects as well.

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flyingcarpet
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December 16, 2023, 08:24:25 PM
 #143

It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
Market could really be able just to go into two possible ways on which it would really be going up and going down. It is really just that we could really just make out those differentiations when it comes to trend and other aspects on which people would really be able to tell on where it could possible go and handling out would really be just that depending into someones capability on handling himself towards the market.
It isnt something simple but its not really that impossible for you to deal off with. To this market then it would really be totally that speculative considering that its never been that predictable in the first place.
There are tons of factors on which it could really affect its movement and this is why it would really be just that depending to those outcome and results on how well you do
make out those trades.

This market is never been that easy to deal with specially that emotions will really be also take a great toll whenever you do make out decisions on which it is really just that
something that important to have that kind of control and other aspects as well.

I think the most important thing right now is how big the correction will be. We are approaching the Halving and we know that the Bitcoin price will rise before or after the Halving, so we are waiting to see if it will provide a good buying opportunity again in the last moments before the Bitcoin price rises. I think that's what we should focus on.

ETF news, Halving and the positive situation in the market are good news for Bitcoin. We should continue to increase our investment amount and continuing to wait may be one of the most logical moves.

It is important to remember that unexpected things can always happen in the market. That's why we shouldn't believe everything that is positive. So there is always risk.
Jating
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December 16, 2023, 09:11:39 PM
 #144

It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.

It's either we go down to $40k or to as high as $50k. I think that's what speculators are seeing in this market right now. Although end of November and early December we have a huge run, nearly going to $45k and it's been a long time since we see this price.

However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
rhomelmabini
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December 16, 2023, 09:28:20 PM
 #145

It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
It's either we go down to $40k or to as high as $50k. I think that's what speculators are seeing in this market right now. Although end of November and early December we have a huge run, nearly going to $45k and it's been a long time since we see this price.

However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
I'm gonna speculate first that we will gonna be touching first the $50k before we have the major correction pre halvening. Still we will remain bullish but as the saying goes it's not a straight way to the top there will always be some detours for us to buy at a discount and for me that's the best chance we could ever have before this bull run go all out.
erep
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December 16, 2023, 09:42:43 PM
 #146

I'm gonna speculate first that we will gonna be touching first the $50k before we have the major correction pre halvening. Still we will remain bullish but as the saying goes it's not a straight way to the top there will always be some detours for us to buy at a discount and for me that's the best chance we could ever have before this bull run go all out.
I think the market conditions have reversed, the facts from market analysis have proven a high correction to the price of $40k after a significant increase, although the price can bounce back to the price of $42k but this price condition does not last long, but if the market options can recover in less than one week for a bounce of $45k then it is likely that we will soon see a price of $50k for the highest price of this month, but everyone is expecting a low correction market price because many investors have passed the current market moment and they want to buy many assets at prices below $40k before the bullish.

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aylabadia05
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December 17, 2023, 03:37:41 PM
 #147

However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
Thinking too much about price can make decisions change and can make the desire to buy not come true. Investors who care and believe Bitcoin will provide huge returns someday only think about how much they will hold when the price peak occurs and DCA is the method they use.

Today's 24h chart is red because it experienced a decline of 1.8%. For large investors who have positive confidence in the increase in Bitcoin prices, they will still take advantage of this to buy, instead of choosing to retreat not to buy and feel satisfied with their existing holdings in my opinion.

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doomloop
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December 17, 2023, 03:38:33 PM
 #148

If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.
If by "by 2024" you mean throughout the year, then maybe, we might see the price reaching around the all-time high or might even cross it, but if you mean that the price will go around there just within this month and by the time we enter 2024, then I don't think that's going to happen because no matter how quickly the price managed to reach this point from $26k, it's not going to make it to $69k or above just within a month and it's not even a month anymore.

So, I believe we should have realistic expectations for the market and prices so that we don't get disappointed if we see the market not going the way we have expected it to go, we should also be prepared for anything that can happen since the market is volatile and unpredictable, it can go up and can also come down at any time.

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December 19, 2023, 03:46:06 PM
 #149

I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.
there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.

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December 19, 2023, 04:47:48 PM
 #150

there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.
Waiting for the halving with the hope of a sharp increase next year is quite logical because this is something that many people can expect even though everyone also has other considerations that have been prepared when there are more corrections before the halving. However, for now I still don't think that price corrections will become the focus of many people because up to now the level of correction is still less than the price increase that continues to be seen in the market.

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dunfida
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December 19, 2023, 08:15:49 PM
 #151

I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.
there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.
When we do speak about halving event then there would really be those impressions that the market would really be having a bull run after that on which it is really indeed a common approach and this is why
people would really be making out preparations for them to place up themselves at the bottom and would really be having those plans on trying out to have that maximum possible profitability and this is something
that people would really be targeting on. We do know that in this market we would really be having that bear and bull season on which to those people who have been able to experience and witness out those past
events would already know on the things that they would really be doing.

Only those people who do know on what they are doing are the ones who would be able to survive into this market or space. Dont make yourself that easily been hyped or get fomo'ed or would really be that
having that kind of impulsive feeling when it comes to FUD because this is where usually people do make out bad decisions because of these kind of emotions that they
would be able to feel out along the way.

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