Why is bitcoin moving now?

[Solokan]

we won't know the price of btc in the future and of course the decision is yours whether to buy or not, but if you buy for the long term I don't think it matters as long as you are ready to accept the risk because btc price movements will be difficult to predict especially for the future, so the decision is there in your hands.

but many people are speculating that the btc price will go up because soon there will be a BTC HALVING so in this case the decision is still yours.

[ImThour]

Bitcoin moves everyday and why is it moving today, no miracle. It's due to volatility in the market and for some reason, it's low. The price is at that point for some what like 2 months now.
No major movement has happened so that means, volatility is low in the market. Why is it low? Because very less buying or selling pressure in the market.

Let's hope we see a major move soon before halving.

[Faisal2202]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

I did not understand the meaning of voraciously here. but if you are asking why the price is still increasing or is it continuously gain value then i have two answers for you. Which are in the long ru you will see that the price of BTC is increasing voraciously. but in the short term you might seem some ups and down in the price of BTC.

I think in the short term before 2024 we might see BTC at around $40k but that's just my prediction nothing for sure here. So DYOR before investing in it. Because you should try to analyze the market for yourself but if you are newbie then its good that you asked here before after reading some useful answers you will begin to analyze the market on your own.

My POV are, Market is still cooking because of high inflation and high interest rates if the interest rates slow down then we might see another jump in the price, plus if some good news like from US or China came up then we might see slight ups in the price of BTC. (i think in flow i said China because China is already benefiting from the crypto sphere using there second system nation mechanism which is Hong Kong).

[Dr.Bitcoin_Strange]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

Bitcoin and the dollar are not the same thing, so we can't compare the two together. The price of Bitcoin depends on different factors, like demand and supply, positive economic news about Bitcoin, etc. Also, we know that Bitcoin has two seasons, which are bull and bear markets, and during the bear market, the price of Bitcoin dips due to so many facts that can arise during that season. During the Bull market, there are many things that contribute to the high price of Bitcoin, like the Bitcoin halving. The next Bitcoin halving is gradually approaching, and I think this is still an early time to acquire Bitcoin because we cannot tell what the price will be towards the end of the year or by next year.

[lionheart78]

Bitcoin never stopped moving, and the current movement of Bitcoin in the market is currently a sideway,  it was been like that for some months now and probably continues until Bitcoin got big good news that will trigger a change of sentiment and hype to the Bitcoin market.  We don't know how this sideway movement will be broken but most expect that the halving will probably give Bitcoin market good enough momentum to uptrend.

[South Park]

Not sure where you've seen it move, in fact over the last few weeks I'm getting tired of looking at the bitcoin charts with thus sideway trend.
It's still more than half the decline since the 2021 high which I think is a green signal to accumulate sats by sats on a regular basis. This is certainly a long-term suggestion, if you only limit profit targets in the next few weeks, I personally have no hope.

I am wondering the same, the price of bitcoin is ranging and it is not showing any kind of trend at the moment, something that is really bad for the short term traders, but the current conditions are great for those that want to do some DCA and have been investing in bitcoin for the last months, also it does not seems as if these conditions will change giving those investors an even larger window of opportunity to buy bitcoin for sub 30k prices.

[Asuspawer09]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

What do you mean by moving ? there wasn't any kind of movement on Bitcoin from the last pump of Bitcoin around 31k$ dollars I think that was the last time it actually move when there was some news about the XRP, which actually kinda hype the market a little bit, In my opinion, the market price could probably drop in the coming months and for me it's actually a good thing because I could buy more bitcoin in a lower market price and accumulate more volume as well, I was really surprise that Bitcoin could hold this market price around 29k$ sustaining this kind of price was great but I was surprised about it considering there was no big news about Bitcoin.

Whats going to happened for sure is where gonna continue to drop the market price in the coming months and would pump again in the ber months probably in the end of the year, usually that is where the pump came in,already people are going to realize that the Bitcoin halving is near so hype could easily be trigger and pump the market easily.

[boltz]

Moves where actually ? Because BTC is sleeping right now without any clear intentions to go either up or down. We've been in this area for quite a while now ...almost 3 months and I don't see BTC making any sudden move in price until the end of August.

Maybe , after summer cycle ends , Bitcoin might start dancing with the price but normally it should go up bit by bit. 

[yohananaomi]

in bitcoin I only know the bearish season and the bullish season, during the bearish season many people sell bitcoin so the price decreases, and that becomes our opportunity to buy to invest, until finally we will sell it when the bullish season comes. considering that the movement of bitcoin I think is driven by sellers and buyers and besides that of course there are people with strong capital who can move it to lure fomo to come, so many people will think the bearish season is ending

It seems that such a situation is a routine carried out by bitcoin, and all that remains depends on the movement there is when buying and selling. This movement was also influenced by sentiments about the world's economic conditions, which made the market sluggish, and, of course, by strong investors who wanted profits by controlling the rise and fall of bitcoin prices.Because bitcoin is the target of all who expect a lot from its movement, there will always be someone who can take advantage of the ability they have to influence sentiment, both negative and positive. Always do a good analysis before releasing funds to buy or sell what you have.

[Juse14]

in bitcoin I only know the bearish season and the bullish season, during the bearish season many people sell bitcoin so the price decreases, and that becomes our opportunity to buy to invest, until finally we will sell it when the bullish season comes. considering that the movement of bitcoin I think is driven by sellers and buyers and besides that of course there are people with strong capital who can move it to lure fomo to come, so many people will think the bearish season is ending

It seems that such a situation is a routine carried out by bitcoin, and all that remains depends on the movement there is when buying and selling. This movement was also influenced by sentiments about the world's economic conditions, which made the market sluggish, and, of course, by strong investors who wanted profits by controlling the rise and fall of bitcoin prices.Because bitcoin is the target of all who expect a lot from its movement, there will always be someone who can take advantage of the ability they have to influence sentiment, both negative and positive. Always do a good analysis before releasing funds to buy or sell what you have.

The movement of assets, especially Bitcoin is triggered by economic sentiment, one of which is also a few regulatory sentiment about crypto in several countries that can also affect the movement of demand for bitcoin increases or decreases, it has become common in Bitcoin in each cycle and I think there is no one Strange about that in this cycle too.
What else should you consider buying Bitcoin?, Today we are at a very low price of ATH Bitcoin before, Bitcoin Halving is not long, many large companies want to market Bitcoin even though it is only limited to ETF, but I am quite sure of Resulting in high demand encouragement, i think only needs to use money that is not money for your daily needs.

[Doan9269]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin

When bitcoin exhibit a high volatility in its market value, that is not to say that it loose direction, it's better been said that the market go dip, you have to take note on that, the bitcoin network is also but considering the rise and fall of the USD, it determines it's price through demands and supplies of bitcoin within it's own network, US dollars can be falling while bitcoin is rising, they are also not interdependent of each other.

this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

If you're expecting a reply of yes or no from us here that we are not been genuine about the market conditions or maybe we also don't have the full understanding of how the market goes, we make decisions by taking risk after we would have conducted series of research on the market, everything is all about taking risk, when you invest, try as much as possible to endure holding for some time, there lies the opportunity you could have waited for.

[Yaunfitda]

Moves where actually ? Because BTC is sleeping right now without any clear intentions to go either up or down. We've been in this area for quite a while now ...almost 3 months and I don't see BTC making any sudden move in price until the end of August.

In short we are moving sideways, and I'm not surprised though, I think if we go months, after a huge run in around January-April, the price suddenly goes in a sideways, after hitting $31k.

Maybe , after summer cycle ends , Bitcoin might start dancing with the price but normally it should go up bit by bit. 

Maybe this last quarter, I mean this is the last push for this year, so hopefully we might be looking for some positive signs. There are predictions that we might be looking for at least $50k this December, but not sure if we can meet that expectations though. I will be on the fence, I don't see it going on that direction, to be honest. But we will see, crossing my fingers.

[Davian144]

The movement of assets, especially Bitcoin is triggered by economic sentiment, one of which is also a few regulatory sentiment about crypto in several countries that can also affect the movement of demand for bitcoin increases or decreases, it has become common in Bitcoin in each cycle and I think there is no one Strange about that in this cycle too.
What else should you consider buying Bitcoin?, Today we are at a very low price of ATH Bitcoin before, Bitcoin Halving is not long, many large companies want to market Bitcoin even though it is only limited to ETF, but I am quite sure of Resulting in high demand encouragement, i think only needs to use money that is not money for your daily needs.

If you think about it, it makes sense to buy Bitcoin from now on, apart from the reason that the price is already quite low, because I also really believe that there will be a better demand boost before the halving event occurs on Bitcoin. This will be quite obvious when there are more companies willing to market Bitcoin in any way so that a demand boost will arise within the community because they will see this as a pretty good opportunity. So a lot of people probably won't ignore that so they will have the urge to buy Bitcoin before the halving happens.

[Juse14]

The movement of assets, especially Bitcoin is triggered by economic sentiment, one of which is also a few regulatory sentiment about crypto in several countries that can also affect the movement of demand for bitcoin increases or decreases, it has become common in Bitcoin in each cycle and I think there is no one Strange about that in this cycle too.
What else should you consider buying Bitcoin?, Today we are at a very low price of ATH Bitcoin before, Bitcoin Halving is not long, many large companies want to market Bitcoin even though it is only limited to ETF, but I am quite sure of Resulting in high demand encouragement, i think only needs to use money that is not money for your daily needs.

If you think about it, it makes sense to buy Bitcoin from now on, apart from the reason that the price is already quite low, because I also really believe that there will be a better demand boost before the halving event occurs on Bitcoin. This will be quite obvious when there are more companies willing to market Bitcoin in any way so that a demand boost will arise within the community because they will see this as a pretty good opportunity. So a lot of people probably won't ignore that so they will have the urge to buy Bitcoin before the halving happens.

If I don't forget the SEC delayed the approval of the bitcoin ETFs Fidelity, blackrock and others from many asset management companies until the third month or so of 2024, if you reckon this is very close to the bitcoin halving, which is likely if the bitcoin ETF was approved, we will get an increase in price movement with two big factors, from the halving and the big momentum, of course today is the right time to enter the market, if you are still waiting for a deeper decline I don't think it will happen or you can say it is less likely, so it's more Well jump in today with the money you have prepared.

[Lanatsa]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

Not totally that shocking or something new because the market could really move like this on which there's no way that you could really be able to know on where it would really be going and we should really at least

make ourselves be wary that not all economical issues and events could really make out that impact or significant effects on Bitcoins price or in overall crypto space but on the fact or situation on which
comparing those previous years until into this present times where economical news could really give at least some movement in price but not really that most of the time but the numbers of situations or conditions that it did make out some impact is really that increasing. Movements would really be totally random and there's no way that we could really be able to know on where it would be going.

It could move without any significant news or even indications in technicals or in charts and that what makes it hard and there's no way that we could really be able to assure that we are on the right track.
Its always be having that random approach and dont expect or anticipate since everything would really be that unpredictable.

[Falconer]

-snip-

If you think about it, it makes sense to buy Bitcoin from now on, apart from the reason that the price is already quite low, because I also really believe that there will be a better demand boost before the halving event occurs on Bitcoin. This will be quite obvious when there are more companies willing to market Bitcoin in any way so that a demand boost will arise within the community because they will see this as a pretty good opportunity. So a lot of people probably won't ignore that so they will have the urge to buy Bitcoin before the halving happens.

In my opinion, buying now or later is the same as long as you designate it as a long-term investment. You can buy from now with a good strategic approach such as DCA, but if you buy later that's not a problem. As long as you hold it for the long term, you will make a profit, although none of us can guarantee it.

Bitcoin market recovery after the current correction has not yet occurred. I hope for recovery as soon as possible, but there are many factors that hinder it so that extra patience is needed to achieve the desired target.

[JoyMarsha]

Is this the green opportunity for us to buy or is going to return back after a while

Many investors are buying and selling their bitcoin at any time they feel like, you can do the same by buying bitcoin now that the price is at a bit low and sell back when the price is high. You must not wait for any special time to do that since you will be investing for profits and with the money you can afford to lose. Every other additional thing is minor than to hodl your bitcoin and keep your seed phrase safe because there is every possibility that, the price of bitcoin today will not be the same in months to come after the halving season.

[ShowOff]

The movement of assets, especially Bitcoin is triggered by economic sentiment, one of which is also a few regulatory sentiment about crypto in several countries that can also affect the movement of demand for bitcoin increases or decreases, it has become common in Bitcoin in each cycle and I think there is no one Strange about that in this cycle too.
What else should you consider buying Bitcoin?, Today we are at a very low price of ATH Bitcoin before, Bitcoin Halving is not long, many large companies want to market Bitcoin even though it is only limited to ETF, but I am quite sure of Resulting in high demand encouragement, i think only needs to use money that is not money for your daily needs.

If you think about it, it makes sense to buy Bitcoin from now on, apart from the reason that the price is already quite low, because I also really believe that there will be a better demand boost before the halving event occurs on Bitcoin. This will be quite obvious when there are more companies willing to market Bitcoin in any way so that a demand boost will arise within the community because they will see this as a pretty good opportunity. So a lot of people probably won't ignore that so they will have the urge to buy Bitcoin before the halving happens.

You should be able to consider that currently many people will be forced to ignore investment opportunities considering the poor economic conditions. Instead of investing, I can see that they are having a hard time making ends meet amidst bad inflation. Unfortunately that has been the case until now, but not everyone will pass up an opportunity as long as they have the budget.

For now I agree that bitcoin accumulation is worth recommending. Bitcoin is still at -62% of its past ATH, so this is a good opportunity to earn more. Budget adjustments are necessary, but I hope they don't force themselves to invest to the point of having to hold back on making ends meet.

[Odusko]

Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy based on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?

The dollar may be gaining value against your local currency and not bitcoin per se because aside from the market attack that has forced bitcoin price to drop below the previous price of $30k it, bitcoin has always been ahead of the dollars in all market phases.
If you asking on the reason for Bitcoin uptrend market movement,  then u am happy to announce to you that, Bitcoin os still very much at it  recovery level and until the price of bitcoin get to $50,000 and above only then we can start discussing possible bull market trend

[taufik123]

Is this the green opportunity for us to buy or is going to return back after a while

Many investors are buying and selling their bitcoin at any time they feel like, you can do the same by buying bitcoin now that the price is at a bit low and sell back when the price is high. You must not wait for any special time to do that since you will be investing for profits and with the money you can afford to lose. Every other additional thing is minor than to hodl your bitcoin and keep your seed phrase safe because there is every possibility that, the price of bitcoin today will not be the same in months to come after the halving season.

This depends on the initial strategy they make, buying and selling whenever they want is certainly a personal decision, the most important thing is that they have reached the predetermined price limit and made a profit.

As for the specific time targeted, many will target the new ATH when the Halving has occurred.
Many people are starting to buy now, because the price is still quite cheap.

Down about -70% from the last ATH, which will be the best opportunity to enter because next year will be a good year for Bitcoin.

Buying and holding it now is better to do if you don't have good trading skills.
I even continue to do DCA every week and that is for the long term.