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Author Topic: Bitcoin Up Move Incoming  (Read 552 times)
_BlackStar
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November 19, 2023, 08:57:52 PM
 #81

-snip-
Bitcoin's stance doesn't look that strong to me, I know that it went up about $10k or more within the last couple of weeks but it has since been stable around that price and hasn't been able to go above $37k which is the highest point for it so far this year and I feel like it won't be able to go towards $40k within this year as we only got about one and a half months remaining. So, I'm more looking forward towards the first couple of months of the new year.
Bitcoin has surpassed $37K – only to fail to maintain value above it for much longer. Some time ago it almost broke $38K before a correction - but today bitcoin started testing the $37K resistance again which seems easy to break.

$40K is the most expected price towards the end of the year - it may or may not be achieved, but the odds and expectations are very good. Increased optimism about ETF approval will lead investors to buy more bitcoin and accumulate it in their long-term investment baskets - it will certainly create a huge price spike so that $40K is not a hard price milestone for bitcoin.

The first three months of 2023 were pretty good for the market because Bitcoin went from around $17k to $32k within that period which was a pump everyone was looking for to regain some hope after all the unfortunate things that happened last year including LUNA and FTX collapses. So, I'm expecting something good again this time around.
Be optimistic - the storm will pass. We are already in the initial bullish phase - but the price recovery has started since the start of the year.

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GeorgeJohn
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November 19, 2023, 10:13:42 PM
 #82

I think, $31,000 is possible for investors to see because the market is still displaying green candle to keep investors hope alive by continue holding their Bitcoins for that particular price of their choice to come to pass when the price hit higher. Based on what am observing from the chat, show that bearish season is about to disappear from the market for bullish season to roll in for those that invested in a low price to begin to get ready to supply when the price increase higher again. Since we have experienced $30,000 in this year 2023, I believe something good will definitely happen before the end of December that will make investors to accept that next year will be a massive bullish for both long term investors and short term investors.
When this posts was posted it's over three months now and bitcoin price is accelerating, before now the price of bitcoin was approaching to twenty eight thousand before it collapse and fall to twenty seven thousand to twenty six thousand in which I believe that the price of bitcoin is increasing to extent of reaching twenty seven thousand today, so as of October 2023 may people who was predicting that price of bitcoin is increasing above expectations,  it basically base on the demands.

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stomachgrowls
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November 20, 2023, 12:49:17 PM
 #83

I think, $31,000 is possible for investors to see because the market is still displaying green candle to keep investors hope alive by continue holding their Bitcoins for that particular price of their choice to come to pass when the price hit higher. Based on what am observing from the chat, show that bearish season is about to disappear from the market for bullish season to roll in for those that invested in a low price to begin to get ready to supply when the price increase higher again. Since we have experienced $30,000 in this year 2023, I believe something good will definitely happen before the end of December that will make investors to accept that next year will be a massive bullish for both long term investors and short term investors.
When this posts was posted it's over three months now and bitcoin price is accelerating, before now the price of bitcoin was approaching to twenty eight thousand before it collapse and fall to twenty seven thousand to twenty six thousand in which I believe that the price of bitcoin is increasing to extent of reaching twenty seven thousand today, so as of October 2023 may people who was predicting that price of bitcoin is increasing above expectations,  it basically base on the demands.
Its always basing up on the demand, no one really had anticipated that we are playing around 37k on which we are already anticipating that the price would be playing around 30k+ price and below but since it is really just that pointing or focusing with those sideways movement on which i couldn't blame out people on which we do really hesitate with these levels.  Bitcoin moving up income is something that would really be raising up
questions on when it would happen since this market is always been that unpredictable. There's no way that we could really be able to predict on whats ahead. This is why positioning yourself within the market
would really be needing that corresponding risk taking thing before you would be making out such step. You wont really know on whats next and there's no way that we could be able to tell.

This is why if you do go for short term trades then you should really be setting out Plan B's if ever A's would really gonna fail and make C for B and so forth. It would really be a never ending kind of
trial and error which is really that very normal for this market since it is really that truly random and there's no way that you could really be able to handle out on where
it would be going. Random results is there and this is why it would be common that impressions would really be that so much the same on each
person. Risks taking will really be someones different level of tolerance.

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Jating
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November 20, 2023, 08:08:27 PM
 #84

I think, $31,000 is possible for investors to see because the market is still displaying green candle to keep investors hope alive by continue holding their Bitcoins for that particular price of their choice to come to pass when the price hit higher. Based on what am observing from the chat, show that bearish season is about to disappear from the market for bullish season to roll in for those that invested in a low price to begin to get ready to supply when the price increase higher again. Since we have experienced $30,000 in this year 2023, I believe something good will definitely happen before the end of December that will make investors to accept that next year will be a massive bullish for both long term investors and short term investors.
When this posts was posted it's over three months now and bitcoin price is accelerating, before now the price of bitcoin was approaching to twenty eight thousand before it collapse and fall to twenty seven thousand to twenty six thousand in which I believe that the price of bitcoin is increasing to extent of reaching twenty seven thousand today, so as of October 2023 may people who was predicting that price of bitcoin is increasing above expectations,  it basically base on the demands.

Right, and that is the beauty of bitcoin, we can go back to those early predictions and compare it with the current price, and so far we have a huge run again and as per coinmarketcap, 1.x% in the last 24 hours, price is 37,600 as compare to 3 months ago wherein we have a hard time to crossed $28k and it was the biggest barrier.

Definitely, there will be demand short term, due to the fact that we are just several months for the block halving, which is the catalyst for the next bull run and eventual all time high again. So investors are going to flock till December and be ready and prepare to this very exciting event next year. And personally, I'm seeing the price maybe around $41k-$43k at the end of the year.
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November 23, 2023, 06:40:59 AM
 #85

Its always basing up on the demand, no one really had anticipated that we are playing around 37k on which we are already anticipating that the price would be playing around 30k+ price and below but since it is really just that pointing or focusing with those sideways movement on which i couldn't blame out people on which we do really hesitate with these levels.  Bitcoin moving up income is something that would really be raising up

We must have to be smart in carrying out trading strategies and that is the real risk in short-term trading which is clearly visible, but in the long term we might be a little calmer.

related to price increases It is always based on demand which is very appropriate and if more and more people and institutions accept and use Bitcoin it means positive ecosystem growth so the greater the possibility of price growth.

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