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Author Topic: Btc forecast 2023-2024  (Read 194 times)
Collateralbank (OP)
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August 19, 2023, 12:56:41 PM
 #1

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well. But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range. The next following months shows that nothing special just boring kinda sideways market for btc.
The 20k price Will be likely lowest in 2023-2024.
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August 19, 2023, 01:03:24 PM
 #2

If you want to make such post, get a copper member so you could represent this thought on a chart and contributors will look at it and discuss what you have on the chart but now, it is not possible to give a good analysis on that only that it is a fact that next year is expected to be a bull rally for the crypto market in general.
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August 19, 2023, 01:11:39 PM
 #3

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well. But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range. The next following months shows that nothing special just boring kinda sideways market for btc.
The 20k price Will be likely lowest in 2023-2024.

Where do you get this kind of information regarding the position of institution money because institutional investors itself doesn’t disclose their position in the public. Can you provide valid source or you are basing your opinion base on exchange price depth volume?

Your price prediction is very close to the current price while you are predicting for the next year forecast.

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August 19, 2023, 01:13:44 PM
 #4

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well.
If bitcoin will fall below $20000 again, I do not think it can go below $17000 which is my guess and this will give the opportunity to buy more at a lower price. I am not saying that bitcoin may go down to $17000, but it is just a guess that if bitcoin fall below $20000.

If you want to make such post, get a copper member so you could represent this thought on a chart and contributors will look at it and discuss what you have on the chart but now, it is not possible to give a good analysis on that only that it is a fact that next year is expected to be a bull rally for the crypto market in general.
It is not necessary to buy a copper membership before you will be able to post image on this forum. If you are a newbie and having no merit yet, someone can help you or because of the image gives you one merit if you requested for it. But OP is not having any image to post and no need of pointing to that direction.

When I see copper membership most necessary is when you bring a service to this forum.

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August 19, 2023, 04:43:49 PM
 #5

The 20k price Will be likely lowest in 2023-2024.

Where you in any way believed then that market could touches back the range of 24k?
So anything is possible to happen and can't dispute the fact that bitcoin price doesn't remain static, and we never believe what happened may like came up when the price was around 31k we all believed that we are going to see next $40k and there were positive prediction all over the forum that was saying we could hardly see 20k. But what happened current?
Then just went sideways and no one was able to know whether the market could drop so low. We can't say going low or high but let be optimistic that something positive would likely happened.

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August 19, 2023, 05:00:10 PM
 #6

At this time I find it hard for btc to go to such levels that institutions will invest at $15k because this latest dump is also an opportunity for them to invest in it and accumulate at low prices because they sell after few time and their holding is big that give more profits to them.But don't speculate about it going to that levels below $20k most probably seeing market conditions but if any other platform went bankrupt can't say in that scene.

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August 19, 2023, 06:30:50 PM
 #7

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well.
That money bags are waiting to buy in around the levels you mentioned doesn't mean a thing. I know the recent dump is from the FUD around billionaire Michael Burry shorting Bitcoin heavily a few days ago. Crypto (or Bitcoin) is moved by either of these two – FUD or FOMO. So, wherever there's any of the two the market shakes. I believe a lot of investors panicked because they didn't know why Mr Burry would be shorting it that much. Paper hands like exiting the market at the slightest rumour, even before confirming it to be reality or not and that should be what happened. Waiting alone without taking action can't move the market. Let the money bags roll up their sleeves and get in the work, instead of staying on the sidelines in wait. As for me, whether Bitcoin goes below $20k or not I ain't moved. What I know is that it will return up there.

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August 19, 2023, 07:37:58 PM
 #8

We are near to halving and seriously that price is too low for the upcoming halving, you might read an article about FUD because usually the price of Bitcoin pumps even before the halving. Anyway, the market is unpredictable so whatever the trend is make sure to be more ready and if the price started to dump again, its a good opportunity to buy more so don’t panic and look for a long term trend.

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August 20, 2023, 09:03:33 AM
 #9

it could happen, but it might not happen like that in the narrative, basically we can only predict, and of course time will tell. My hope now is for the price to be last corrected and at the end of the year a bullish market will start to appear. However, if that doesn't happen, I don't think there's anything to worry about, because my goal is to invest. if bitcoin actually hits $20k, it also doesn't cause panic, because we can buy it back to invest, so in this case I have several plans with different scenarios, so we can react wisely

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August 20, 2023, 04:38:57 PM
 #10

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well. But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range. The next following months shows that nothing special just boring kinda sideways market for btc.
The 20k price Will be likely lowest in 2023-2024.
Are you speculating this or have strong information regarding this specific price? As both are different and both have different meanings. If you see the chart of Bitcoins, then it always follows a 4 year cycle in order to achieve new ATH price. 2024 is the 4th year, and everyone expecting it to become a big one. So yes we will definitely see a lot of roller coaster ride in this 2023. So I don’t know who said this year gonna be boring. If you want to maximise your profits, then start buying and holding the Bitcoins from now only.

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August 20, 2023, 04:53:21 PM
 #11

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well.
To summarize this, think of it that everything is possible when the market moves and it can go up as high as you can think of and go low as much as lower that it can.

But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range. The next following months shows that nothing special just boring kinda sideways market for btc.
The 20k price Will be likely lowest in 2023-2024.
I'd be happy already with that if Bitcoin stays above $20k until the end of the year. Just remember that it has gone down as low as $16k and even $15k mark just alone last year.

its a good opportunity to buy more so don’t panic and look for a long term trend.
This never gets old, whenever Bitcoin price is lower just no need to talk and just silently accumulate.

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August 21, 2023, 11:54:16 AM
 #12

anything is possible…its gonna go up / down or sideways… never backwards… LOL…

Go Bitcoin !!!!!!!!!!!
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August 21, 2023, 02:04:36 PM
 #13

Nothing can be confirmed about the market that anything can happen in the market. At this time, Bitcoin is in a better position to catch than at other times, but there is no guarantee that the market will not go lower in a few days. Within a few days the market may go down as well as the market may increase from the current position it completely depends on the movement of the market. The Bitcoin market has grown by nearly $10K over a six-month period. Even 6 months ago Bitcoin price was around $18K and now Bitcoin price is at $26K even though Bitcoin price has moved from $30K a few days ago. The market swings between $18,000 and $30,000 have been very short, so nothing can be said for sure about the rise or fall in the price of Bitcoin.

R


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August 21, 2023, 02:19:42 PM
 #14

If you want to make such post, get a copper member so you could represent this thought on a chart and contributors will look at it and discuss what you have on the chart but now, it is not possible to give a good analysis on that only that it is a fact that next year is expected to be a bull rally for the crypto market in general.
Unlikely to happen, OP's been tag as a scammer already so I don't know how credible the words would be coming out of OP, not to mention that OP's analysis aren't that complex, even I could come up with those same words and make myself look like I know what I'm talking about. And OP would bother putting images anyway because someone will quote on it to show everyone anyway but OP didn't so it's a waste to tell OP that he/she needs to have a Copper Membership. Regarding the analysis if you like to call it that, anything can happen to bitcoin, it's volatile that's why people can say whatever number they want and call it a day, one thing I have to say is that if it ever really happens that bitcoin goes there, better make sure you have cash because you're going to be missing out buying at that price.
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August 21, 2023, 03:04:39 PM
 #15

Not sure how this thread is stay in Trading Discussion when the @OP talk about speculation.

Well it has been expected Bitcoin price will hit the lowest in 2023, then it's recovery phrase in 2024 and then bull run will happen in 2025. There's nothing new and people who believe in Bitcoin super cycle already have such thought.

 
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August 21, 2023, 05:15:26 PM
 #16

If you have been studying the price movement of bitcoin for the past years you wouldn't worry about bitcoin price hitting 20k$ or lower, there's no cause for alarm, that's just another opportunity to increase profit by buying more as the price dips because the next market action would be a bullish take over.  My thoughts are that this current price at 26k might continue to go lower but the year 2023 won't end with bitcoin price below 30k above. And what's this talk about institutional buying? I would love to know more @OP.
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August 21, 2023, 06:00:19 PM
 #17

There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well. But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range. The next following months shows that nothing special just boring kinda sideways market for btc.
The 20k price Will be likely lowest in 2023-2024.

I can't even assimilate precisely your main point of focus here as you're giving the analysis of dip and bull at the same time giving it more confusion in knowing which exact prediction you're presenting, now should we believe that what point is suggesting more dump market to $15,000 or we should expect something higher above $30,000 between now and the end of the year, it's very important to always clarify your idea well to help others understand the direction you're coming from.

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August 21, 2023, 06:14:08 PM
 #18

I hope that you knei that only this year Bitcoin had gone below $20k price even reaching $16k. Tye market is just unpredictable and we need to shine our eyes or we could end up with the wrong speculation of the market. I don't care about most market speculation because I know that they are just to hype the market or to cause fud. These are the two side people can decide to speculate the market to in order to create a different. We need to know the risk we are taking or we might end up losing big form the market if we decide to take advise from people that are called cryptocurrency influencers.

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August 22, 2023, 12:35:18 PM
 #19

Where are the predictions like "Bitcoin will definitely hit 100k next year"? LOL
But as for etc price, you will never know, you can only assume
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August 23, 2023, 10:20:23 AM
 #20

Not sure how this thread is stay in Trading Discussion when the @OP talk about speculation.

Well it has been expected Bitcoin price will hit the lowest in 2023, then it's recovery phrase in 2024 and then bull run will happen in 2025. There's nothing new and people who believe in Bitcoin super cycle already have such thought.
I would guess that you are going to trade based on that speculation so maybe that? I feel like it is going to be just a talk so people do not really care about it all that much. I think it is quite important to make the difference between them of course but if you are trading based on speculation then it is sort of related to each other at the root and that is why people do this kind of stuff.

In the end, we are going to see it go up if you ask me and when I say this, that means it is related to trading as well, I say its going to go up, but I also mean that you should buy right now and sell next year, when I say buy and sell like that, that means you are going to make a trade and that suddenly becomes related to trading.

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