The future of Bitcoin: Bullish or Bearish

[suzanne5223]

It is hard to tell what will happen in the future but one thing is certain the future of the Bitcoin market will be both bullish and bearish because crypto is a speculative and highly volatile market.

In terms of news, the FTX token sale case may appeal in September. However, the market's ability to absorb a $200 million sell-off remains uncertain. Key events, including the FTX case and economic data, are being closely watched.

The FTX sale will happen this month but we're talking about $3.4 Billion worth of cryptocurrency will be dumped not the $200 million you said below are the crypto list.
$SOL: $1,160,000,000
$BTC: $560,000,000
$ETH: $192,000,000
$APT: $137,000,000
$XRP: $119,000,000
$BIT: $49,000,000
$STG: $46,000,000

[Ale88]

Bitcoin's recent performance has raised concerns

I'll stop you right there: bitcoin's performances can cause concerns only to people who don't know (or understand) what bitcoin is and, especially, they think only short term. If someone is worried because bitcoin lost 10-20% it's just not for them, at the end bitcoin never pretended to be something for everyone.

[TimeTeller]

Considering the fact from its past history just after the bitcoin halvings, I can surely say that it will be going bullish and just give it some time because we all know how it ended up last time. Before that most people were in doubt about whether Bitcoin price would rise because they saw that it has never-ending ups and down and it's been facing a decline that time just before the unstoppable spike of the price happened until it creates another ATH. Now, people are back to their old ways again, they never learn and speculate negatively back and might also lose the opportunity to invest early again.

It usually happens as you say, but when most people buy Bitcoin and start waiting, they may experience difficulties in today's economic conditions. They want the prices to increase as soon as possible. Those who follow the crypto market know that expectations are often not met immediately. That's why investors need to be patient.

I think Bitcoin has provided a buying opportunity for a long time. As those who believe that Bitcoin will rise and make a new ATH, I think these levels should be evaluated.

This is only good opportunity if you have the financial capability to buy and wait for undetermined length of time.
Because not all people can hold long-term, and wait for the possibility that it will go up in the future.
Hence, not many people can do such move. The population is more on short-term profits as they have financial needs to cover.
But so long there are people who are going into this market, it means, the adoption is continuously increasing, and so the demand of this currency.
And that means, the price have the possibility to increase in the coming years, as long as there are people patronizing this market.

[taufik123]

Bitcoin's recent performance has raised concerns

I'll stop you right there: bitcoin's performances can cause concerns only to people who don't know (or understand) what bitcoin is and, especially, they think only short term. If someone is worried because bitcoin lost 10-20% it's just not for them, at the end bitcoin never pretended to be something for everyone.

Those who are still worried about bitcoin performance certainly don't understand what Bitcoin is, they don't know fully how bitcoin works.

The concern they fear is that Bitcoin continues to crash and drop by tens of percent.
Even though that is still quite normal for the crypto market, especially now that Bitcoin is still in a bearish period.

Many people fear selling their Bitcoin holdings at a cheap price.
Fear eventually turned into panic and did a stupid thing by selling at a loss.

Bitcoin remains Bitcoin and is not trying to be anything else.
Bitcoin remains the most desirable digital crypto asset and also an investment asset for the long term.

[TelolettOm]

The future of bitcoin is both Bullish and Bearish, not one of the options.

You're right. Bullish and bearish seasons will repeat constantly.
So, we're not just going to a bull season, we will experience another bearish season again in the future.

We do not want long bearish seasons, we want longer Bullish season.

Unfortunately, both bearish and bullish season have approximately the same duration of the season. As far as I know, each season will take around 2 years. That's why people call it as 4 years cycle. We have 2 years of bearish and 2 years of bullish.

Do you think it is possible for a longer bullish season? 

[lienfaye]

Bitcoin's recent performance has raised concerns

I'll stop you right there: bitcoin's performances can cause concerns only to people who don't know (or understand) what bitcoin is and, especially, they think only short term. If someone is worried because bitcoin lost 10-20% it's just not for them, at the end bitcoin never pretended to be something for everyone.

Well said. It's understandable if many investors are worried when there's a correction but just stop there, don't think negatively further. Because if we did our research before investing to Bitcoin then we have an idea on its history on how it bounce back unexpectedly.

The future might be uncertain and no one can predict what will happen after few months or years but remember that no one coerce you to invest. Therefore, if you can't stand the current situation full of uncertainty then you can quit. Bitcoin is not for weak investors and solely for people who have trust and bullish on its future.

[Kelvinid]

The future might be uncertain and no one can predict what will happen after few months or years but remember that no one coerce you to invest. Therefore, if you can't stand the current situation full of uncertainty then you can quit. Bitcoin is not for weak investors and solely for people who have trust and bullish on its future.

Indeed, investing in Bitcoin requires trust and faith in its capability. We can say that the future of Bitcoin is uncertain but for us believers, we believe that it will be going bullish soon after this huge correction. But for those doubtful individuals, it is gonna be a negative.
That is why I don't encourage people to invest if they are not able to adapt to the market-changing conditions as it happens always. Though I don't say that Bitcoin is just for strong people but seems too hard for weak people as well to keep holding when corrections come unless they'll improve and change their mindset.

[Reatim]

Bitcoin's recent performance has raised concerns, with various factors impacting its trajectory. However, it's important to approach its future outlook rationally.

Technically, Bitcoin faces challenges with a critical support level at around $25,500. A break below this could lead to further declines, potentially testing $20,000.

Lets Hope that we have reached the bottom till halving season happens next year.
but for me ? its ok if this will fall to 20k as I have the capacity to buy more again with big chunks.
if we could only assume what to happen and when to takes place , surely we will all wait for that to be  in market lol.

Bitcoin's recent performance has raised concerns

I'll stop you right there: bitcoin's performances can cause concerns only to people who don't know (or understand) what bitcoin is and, especially, they think only short term. If someone is worried because bitcoin lost 10-20% it's just not for them, at the end bitcoin never pretended to be something for everyone.

correct Mate, but for us who knows and understand what we are entering ? because what we have to manifest is our main goal and target if we are truly a holder.

[kotajikikox]

The future might be uncertain and no one can predict what will happen after few months or years but remember that no one coerce you to invest. Therefore, if you can't stand the current situation full of uncertainty then you can quit. Bitcoin is not for weak investors and solely for people who have trust and bullish on its future.

Indeed, investing in Bitcoin requires trust and faith in its capability. We can say that the future of Bitcoin is uncertain but for us believers, we believe that it will be going bullish soon after this huge correction. But for those doubtful individuals, it is gonna be a negative.
That is why I don't encourage people to invest if they are not able to adapt to the market-changing conditions as it happens always. Though I don't say that Bitcoin is just for strong people but seems too hard for weak people as well to keep holding when corrections come unless they'll improve and change their mindset.

it is always a matter of time mate,the problem is that people wanted easy money and that is also the reason why they keep losing and disappointed.
also why do we need to sek for easy target when we already knew how hard to gain here in this market unless you are willing to wait?
and talking about Future ,m that indicates the long term and not a 4 year cycle but the totality of time.

[aylabadia05]

Bitcoin's recent performance has raised concerns, with various factors impacting its trajectory. However, it's important to approach its future outlook rationally.

Situation around it is still very difficult to get a job that makes it difficult to find answers to the fate of crypto in the future. Have you ever thought about how later in the future with a fiat currency which amounted to $100, can it still get 50 kg of rice, 3 kg of side dishes, 2 kg of meat and some paper?

Bitcoin future: bullish or bearish?
After the bearish will come bullish. Such is the condition of the market in the future will occur continuously and the top bitcoin is the top of other crypto.
This is very rational in the future.

[imamusma]

-

Bitcoin future: bullish or bearish?
After the bearish will come bullish. Such is the condition of the market in the future will occur continuously and the top bitcoin is the top of other crypto.
This is very rational in the future.

Bearish and Bullish are just two cycles that will continue to repeat themselves in the crypto market. Many of the causal factors are well known and both traders and investors benefit from it. About the future; everyone doesn't have a crystal ball, so no one knows.

We can only speculate about its future. Its growth continues to be expected and regulations regarding it are getting better and adoption is growing. It will take years for Bitcoin to become a mainstream currency, but so far there are many use cases.

[tygeade]

it is always a matter of time mate,the problem is that people wanted easy money and that is also the reason why they keep losing and disappointed.
also why do we need to sek for easy target when we already knew how hard to gain here in this market unless you are willing to wait?
and talking about Future ,m that indicates the long term and not a 4 year cycle but the totality of time.

I can't really blame them, it is the marketing that is done about bitcoin and crypto that causes this. There are so many social media influencers both on twitter and instagram also at tiktok nowadays that end up promoting their scam basically where they say they could help you make so much money so quickly if you just follow their steps.

So, people assume that is possible and they think that they could make money quickly and then they realize that its not possible which will end up being terrible. I believe that we are going to end up with something that would be a bit more on the loss side and not profit. So that is why we should be careful about what we could do and that could end up with something better.

[FanEagle]

It is going to be bullish long term at all times, there is no scenario where will it not be bullish. We need to realize that it is going to take some time and we need to end up with something that will change things over course of many years. I believe that we are going to end up with something that would make differences on the long term.

I believe that we are going to end up with something that will change things one way or another, and when that happens I believe that we are going to end up with a good result. I hope that it gets to a point where we end up with a result that is a bit more profitable, and for that to happen I am guessing that it is going to be a bit more time required for us to reach a new high.

[ShowOff]

-

Those who are still worried about bitcoin performance certainly don't understand what Bitcoin is, they don't know fully how bitcoin works.

The concern they fear is that Bitcoin continues to crash and drop by tens of percent.
Even though that is still quite normal for the crypto market, especially now that Bitcoin is still in a bearish period.

Many people fear selling their Bitcoin holdings at a cheap price.
Fear eventually turned into panic and did a stupid thing by selling at a loss.

Bitcoin remains Bitcoin and is not trying to be anything else.
Bitcoin remains the most desirable digital crypto asset and also an investment asset for the long term.

Concerns about the future of bitcoin can essentially lead us to believe that there are risks in this investment. Not only about volatility and security risks, but also about industry and regulatory risks. We may hope that bitcoin will continue to perform well in the long term, but none of us know what the future for bitcoin.

For me, it is legitimate to worry that every investor does not fully believe in the future without considering the risks. Things still seem to be going according to plan at the moment, but it is possible for the government to ban bitcoin completely if everyone agrees to do so. Risks still have to be considered, but they shouldn't have to worry too much. Only invest the amount you can afford to lose, even if you have much better financial strength.

[_BlackStar]

-snip-

Indeed, investing in Bitcoin requires trust and faith in its capability. We can say that the future of Bitcoin is uncertain but for us believers, we believe that it will be going bullish soon after this huge correction. But for those doubtful individuals, it is gonna be a negative.
That is why I don't encourage people to invest if they are not able to adapt to the market-changing conditions as it happens always. Though I don't say that Bitcoin is just for strong people but seems too hard for weak people as well to keep holding when corrections come unless they'll improve and change their mindset.

The right thing about bitcoin investments is – they have to know how it works. Volatility is something that cannot be separated considering its supply and demand - but bitcoin basically has a cycle of ups and downs. Its price movements may go against the trend - but you can convince people that bitcoin is an asset that performs well based on its history.

Bitcoin has a good future if increasing adoption is the benchmark - but of course no one can be sure of the future of this asset because things can change so quickly. The positive thing about bitcoin now and in the future is - governments are starting to capitalize on it and support it.

[Baofeng]

It is going to be bullish long term at all times, there is no scenario where will it not be bullish. We need to realize that it is going to take some time and we need to end up with something that will change things over course of many years. I believe that we are going to end up with something that would make differences on the long term.

Yeah, and if we look at bitcoin's historical logs, every after 4 year, we will see a scenario wherein their is a strong bullishness in the market and it's hard to stop the price from going up. And most likely we will experienced it again next year and it will go on a two year run, and so it will be 2024-2025 for a bull market.

I believe that we are going to end up with something that will change things one way or another, and when that happens I believe that we are going to end up with a good result. I hope that it gets to a point where we end up with a result that is a bit more profitable, and for that to happen I am guessing that it is going to be a bit more time required for us to reach a new high.

It's been pointed out that we might hit at least $100k in the next bull run, so obviously it will be a new all time high again and it's the first time that we will see a 6 digit price. So it's going to be very exciting bull run for us and hopefully this prediction will came true.

[lionheart78]

I am very bullish about Bitcoin, although its market is consisting of both bullish and bearish, I still believe that Bitcoin is bullish in the long run.  One major reason is that the adoption keeps on reaching every corner of the world.  Countries that were hesitant before are now taking interest while others are now preparing the process for the day they will accept Bitcoin as mode of payment if not a legal tender.  The halving that keeps on being the bull run catalyst that always leads to the breaking of ATH so far.

In short, I am seeing Bitcoin gain more interest and uptrend in value over time.

[aylabadia05]

We can only speculate about its future.

Speculating about the future of Bitcoin is not prohibited and is something that many people, including me, like to do.

Its growth continues to be expected and regulations regarding it are getting better and adoption is growing. It will take years for Bitcoin to become a mainstream currency, but so far there are many use cases.

We hope that the rate of Bitcoin adoption that continues to grow will be universal because it will be good for the future of Bitcoin. With the increasingly rapid and large number of adoptions taking place throughout the country, our hopes for Bitcoin will grow faster.

But yeah, no one has a crystal ball.

[Dr.Bitcoin_Strange]

Well, I don't think we are yet in the bull season, time is still ticking as we are getting close to the Bitcoin halving season, which may give rise to a spike in price, but until then, one still has to keep accumulating Bitcoin at the dip price. A bear market is the time to buy and hold, unless traders take advantage of the price volatility. There was this cryptocurrency investment slogan that says, "Buy all the dip." So, now it's just to keep buying the dip, even if it drops to $20,000, use the opportunity to accumulate your Bitcoin, and you will definitely archive a lot of profit if you patiently hold till a bull market comes.

[OgNasty]

Bitcoin to me seems like something that is either going to be wildly successful or it will fail completely. I don’t see much room for middle ground here. In fact, mining seems almost designed to boom until miners grow to the point where they start going bankrupt. If prices don’t go up significantly before next April, those bankruptcies will start happening.