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Author Topic: What did you think will happen to Bitcoin before January?  (Read 1216 times)
YOSHIE
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November 25, 2023, 02:18:24 PM
 #101

And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
I'm not sure what you are saying, how do you know that next January there will be a big change in the price of Bitcoin, Is it just a guess or speculation that can be justified, what are your factors and reasons for believing Bitcoin can rise and develop.

Indeed, there has been a lot of speculation and predictions about Bitcoin lately, but if I consider the current economic and investor situation in the world, next year Bitcoin will be a little hampered, as has been speculated by Bitcoin experts, This is due to several factors that are currently occurring and in addition to the worsening global crisis.

It is true that halving occurs once every four years, but with the current Bitcoin price situation being very high, this is different from the Bitcoin price during the last halving, whatever happens, hope for the best, but not next January.

R


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November 25, 2023, 05:30:46 PM
 #102

No one can accurately predict how the price of Bitcoin will move before January 2024. Currently, the bitcoin market is in a good trend where the price of bitcoin has experienced a significant increase to reach $37k. However, anything could happen at the end of this year, it could be that the price of bitcoin will be corrected again before experiencing a significant increase. Therefore, let's see how far the price of bitcoin will move at the end of this year until the beginning of next year.
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November 25, 2023, 08:30:18 PM
 #103

What I think is that the price will keep moving high and possibly reach $40k.
And asking if this is the best time to invest, you'd still have to think about it because I don't say it was a good time to accumulate but it was you who are willing enough to hold. Even though the market has shown good at this time and even though we are optimistic for the coming days, still we can't assure that it will go that way. This is why if we have to invest now, we are also willing to hold if the price goes down.
I obviously not sure what will be the price of bitcoin by january. You know, it's hard to tell and predict when all you are seeing now is a positive price for bitcoin, definitely you would always aim to stay that way or reach even higher amount. But bitcoin does not work like that. While everyone is expecting it to reach a new all time high, then suddenly the price turns into a roller coaster.

That is a big challenge for those who are still starting to invest, if they continue to be patient and remain hodling, or they will immediately sell to cut their future losses. But as for me, the current price of bitcoin is only temporary, so just let it pass and continue to hold and decide to sell only when the market is giving us an opportunity to sell.

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November 25, 2023, 10:44:58 PM
 #104

-snip-
Most of the news that we're seeing prior to Bitcoin are mostly good. Those exchanges, etc. bad news that have came out have been seen to be not that much strong of its influence to Bitcoin's price.
Most of it is good, but some bad news also has a lot of influence on the impending downturn.
It is a manipulative market, who has control on the big media he can manipulate easily to influence something entity.

We will wait for how the price of Bitcoin when it enters December.
But now the price of Bitcoin is back stable at $37++ and this is good enough to step into even higher prices, just how the market trend works.



With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again. And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
-snip-
Regarding the prediction about bullrun, we already guessed it to happen in 2024-2025. However, there is no exact time when the highest price to achieve. It depends on the demand in the next 1-2 years. It may also be influenced by the hype related to halving trend.
-snip-
The halving trend will be a positive trend during 2024-2025, and this will make the Bitcoin market soar.
We all aim for an ATH to happen between those years, reaching an ATH of $100++ is still a reasonable target.

New investors are starting to enter and there will be more and more holders, this will make the price of Bitcoin go up even more.
But Bitcoin has already passed the last ATH price of $68k, and it will be a big wall to tear down.
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November 25, 2023, 10:53:45 PM
 #105

The halving trend will be a positive trend during 2024-2025, and this will make the Bitcoin market soar.
We all aim for an ATH to happen between those years, reaching an ATH of $100++ is still a reasonable target.

New investors are starting to enter and there will be more and more holders, this will make the price of Bitcoin go up even more.
But Bitcoin has already passed the last ATH price of $68k, and it will be a big wall to tear down.
The halving trend has been the main trigger for increasing market prices in the last few months and we hope that December will be the month of highest price recovery to approach ATH prices, but it looks like December is not a positive month for crypto because many people are converting their assets for holiday expenses, but I'm sure December This will be different, expect many investors to maintain their crypto assets until the halving trend next year.

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November 25, 2023, 11:19:13 PM
 #106

No one can accurately predict how the price of Bitcoin will move before January 2024. Currently, the bitcoin market is in a good trend where the price of bitcoin has experienced a significant increase to reach $37k. However, anything could happen at the end of this year, it could be that the price of bitcoin will be corrected again before experiencing a significant increase. Therefore, let's see how far the price of bitcoin will move at the end of this year until the beginning of next year.

There is some truth in what you said in reality; that's why the market here in Bitcoin and crypto is called unpredictable.But it's just my observation that when I started here with Bitcoin, every year that passes in the month of December, there is always a massive kick in the price value of Bitcoin.

And every time this happens, the top cryptocurrencies also follow suit, and their market values also rise, as if they are also pulled up with high trading volumes and high market capital as well. But the weak cryptos are pulling down their price values in the market.



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November 25, 2023, 11:26:35 PM
 #107

-snip-
but it looks like December is not a positive month for crypto because many people are converting their assets for holiday expenses, but I'm sure December This will be different, expect many investors to maintain their crypto assets until the halving trend next year.
Bitcoin must pass the sale, and after that Bitcoin will start rising until the halving occurs.

But to enter the real Bull run and reach a new ATH again.
BTC can reach its peak starting from 18 months from the BTC Halving (April 2024), precisely in October 2025.

It will happen depending on what the scenario will be,
because in the past, such cycles often occurred and made Bitcoin reach its highest price after the halving.
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November 26, 2023, 04:10:12 AM
 #108

The halving trend will be a positive trend during 2024-2025, and this will make the Bitcoin market soar.
We all aim for an ATH to happen between those years, reaching an ATH of $100++ is still a reasonable target.

New investors are starting to enter and there will be more and more holders, this will make the price of Bitcoin go up even more.
But Bitcoin has already passed the last ATH price of $68k, and it will be a big wall to tear down.
The halving trend has been the main trigger for increasing market prices in the last few months and we hope that December will be the month of highest price recovery to approach ATH prices, but it looks like December is not a positive month for crypto because many people are converting their assets for holiday expenses, but I'm sure December This will be different, expect many investors to maintain their crypto assets until the halving trend next year.
Another factor is that it is simply too early for bitcoin to present a massive movement at the moment, if people were expecting for bitcoin to do that, you can be sure that even if the holidays were coming they will not spend their bitcoin as they anticipated a massive growth in the price.

But since this is not the case, then people feel more free to sell a part of their holdings so they can celebrate those days with their loved ones.

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November 26, 2023, 07:34:27 AM
 #109

Bitcoin must pass the sale, and after that Bitcoin will start rising until the halving occurs.

But to enter the real Bull run and reach a new ATH again.
BTC can reach its peak starting from 18 months from the BTC Halving (April 2024), precisely in October 2025.
Many people are of the opinion that Bitcoin can achieve a new ATH even before the halving, the possibility is there and I tend to agree with them. The main reason for this is that if the Bitcoin ETF gets approved before the halving by April next year,  it is very much likely that Bitcoin might rise and create a new ATH. Remember that Bitcoin already made over 100% move this year without any major news, just the speculation around halving and ETF. Another 100% move from the currency price of $37,800 will be an easy ride for Bitcoin when the news of halving is confirmed.

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November 26, 2023, 07:46:26 AM
 #110

Many people are of the opinion that Bitcoin can achieve a new ATH even before the halving, the possibility is there and I tend to agree with them. The main reason for this is that if the Bitcoin ETF gets approved before the halving by April next year,  it is very much likely that Bitcoin might rise and create a new ATH.
-snip-
The ATH target before the Halving was still quite early, and it really needed a lot of fuel to get to ATH again.

Before the halving occurs, there will be many obstacles with the circulation of a lot of FUD that starts to attack, it has been a cycle that has happened before.

ETF is currently a good indicator as a support for Bitcoin to push the price up and break through the nearest resistance.
A lot of speculation is circulating about ETFs, but we just need to wait for how this ETF decision will happen, good and bad it will also be determined by manipulators because the market is now dominated by whales who want cheaper prices.
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November 26, 2023, 07:52:33 AM
 #111

Quote from: sotelorene
With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.
I guess by January it will be bull run through out the year because, we are seeing some signs that look like people will begin to sell their coins in a high price that will give them another opportunity to buy when the price is low again in the future. If you are still waiting for another decrease to come before you can buy BTC, I think you are wasting yourself time because the price of BTC has moved to $37k for short term hodlers to get ready for massive bull run that will help hodlers to make a good profits.

I have invested in BTC when the price was $25k and, I don't have any worry about my investment because I know that bull run will show up next year for the price of BTC to reach $50k before I can sell to make a good profits.

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November 26, 2023, 08:23:57 AM
 #112

Many people are of the opinion that Bitcoin can achieve a new ATH even before the halving, the possibility is there and I tend to agree with them. The main reason for this is that if the Bitcoin ETF gets approved before the halving by April next year,  it is very much likely that Bitcoin might rise and create a new ATH.
-snip-
The ATH target before the Halving was still quite early, and it really needed a lot of fuel to get to ATH again.

Before the halving occurs, there will be many obstacles with the circulation of a lot of FUD that starts to attack, it has been a cycle that has happened before.

ETF is currently a good indicator as a support for Bitcoin to push the price up and break through the nearest resistance.
A lot of speculation is circulating about ETFs, but we just need to wait for how this ETF decision will happen, good and bad it will also be determined by manipulators because the market is now dominated by whales who want cheaper prices.
I agree with you that there are a lot of obstacles on the way to the ATH before the halving. Besides, Bitcoin requires strong fuel to make such outstanding move just like you posited. I think that this year's halving and market movement seems a little different and unique from the rest of them. Like you noted, the ETF speculation is one factor that has the potential of creating the much needed fuel to see Bitcoin rise above the ATH. But there is no guarantees that the ETF will be approved anytime soon.

Many people have also expressed concerns on the what the market will do should the ETF be rejected again by January. Maybe those are the surprises that will be used to manipulate the market before the halving.

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November 26, 2023, 11:20:08 PM
 #113

-snip-
Many people have also expressed concerns on the what the market will do should the ETF be rejected again by January. Maybe those are the surprises that will be used to manipulate the market before the halving.
there will be many surprises happening before ATH is reached.
We'll see how whales manipulate so they can set up the market the way they want.

Remember that whales will buy at a cheaper price if they don't already have enough of the desired asset.
there will be some corrections to be made before Bitcoin reaches its highest peak again.

In any case, as small traders, we should also be prepared with spare money to buy back if a correction comes suddenly,
but we are still quite safe and will still be held above the $30++ price.
But if it has to drop to the $20k++ price area, it will go into a bear market again.
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November 27, 2023, 05:28:50 PM
 #114

Just one month is remaining for the month of January and I think that after January we will not see dip again till April. But due to Volatility no one can guess about future happening. If the booming in price goes smoothly then surely we will see 45k$ worth till January. Bull run is initiated and steadily but surely we will see new higher worth of bitcoin very soon that never exist before.

Bitcoin price is reduces to some value as in previous week it was about 38k$ but now its worth is 36k$ so we hope for the best that it don't go down more than this rate because as if more reduction happens then attaining huge value again will takes time.



 

 

 

 

 

 


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November 27, 2023, 08:07:17 PM
 #115

-snip-
Many people have also expressed concerns on the what the market will do should the ETF be rejected again by January. Maybe those are the surprises that will be used to manipulate the market before the halving.
there will be many surprises happening before ATH is reached.
We'll see how whales manipulate so they can set up the market the way they want.

Remember that whales will buy at a cheaper price if they don't already have enough of the desired asset.
there will be some corrections to be made before Bitcoin reaches its highest peak again.

In any case, as small traders, we should also be prepared with spare money to buy back if a correction comes suddenly,
but we are still quite safe and will still be held above the $30++ price.
But if it has to drop to the $20k++ price area, it will go into a bear market again.

I think there will be a surprise in December where a good rise to break the $40k resistance can be expected. The market currently seems to be correcting due to over buying, but this is only for a while before expecting another rally. Of course nothing is certain about the market until we get to the reality, that volatility will obviously be inherent.

I never hopes bitcoin price to have a major correction especially to test support below $30k by the end of the year. Of course the potential for a price correction to $35k is there, but I tend to remain optimistic about a $40k hit in December.

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November 27, 2023, 09:52:30 PM
 #116

-snip-
Bitcoin price is reduces to some value as in previous week it was about 38k$ but now its worth is 36k$ so we hope for the best that it don't go down more than this rate because as if more reduction happens then attaining huge value again will takes time.
It will certainly take time, It is not easy for Bitcoin to break through some of the strongest resistances.
The $30k++ area is still the strongest support to hold Bitcoin from falling below that price, and now Bitcoin is still stable at $37k++.



I think there will be a surprise in December where a good rise to break the $40k resistance can be expected. The market currently seems to be correcting due to over buying, but this is only for a while before expecting another rally. Of course nothing is certain about the market until we get to the reality, that volatility will obviously be inherent.
The surprise in December will determine whether Bitcoin is able to reach the price of $40k or not, the highest resistance is currently at the price of $38k++ and if Bitcoin can break through the price of $40k it will be a fairly decent price in December.

I never hopes bitcoin price to have a major correction especially to test support below $30k by the end of the year. Of course the potential for a price correction to $35k is there, but I tend to remain optimistic about a $40k hit in December.
It also depends on how positive the Bitcoin trend is.
The potential for a correction will always be there when Bitcoin is able to break through the nearest resistance.
Corrections are good for the market and an indication that the market is in good and normal condition.
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November 28, 2023, 04:19:24 AM
 #117

Well, with only a month left I'm inclined to think it will stay more or less where it is or undertake a slight rise above $40K. I do not expect big movements towards the end of the year unless we have news about some ETF spot, so it is normal that the price at the beginning of January will not be very different from now.

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November 28, 2023, 07:38:39 AM
 #118

January, will still be sideways and will not show a reversal towards higher levels.
I think you are exaggerating, but maybe one of my or your predictions is correct.
because there will only be 2 choices up or down.
but you can consider other things too to strengthen your predictions.

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November 28, 2023, 12:38:15 PM
 #119

No one can accurately predict how the price of Bitcoin will move before January 2024. Currently, the bitcoin market is in a good trend where the price of bitcoin has experienced a significant increase to reach $37k. However, anything could happen at the end of this year, it could be that the price of bitcoin will be corrected again before experiencing a significant increase. Therefore, let's see how far the price of bitcoin will move at the end of this year until the beginning of next year.
Though I totally understand that the market is highly volatile and it doesn't necessarily have to move in the same way as it did in the past, I'm still pretty optimistic for an uptrend in the first couple of months of 2024 because the same happened this year and since we are in the pre-bull-run phase right now, I would expect that to happen again since after a few months in the new year, we will have the halving event which is considered to be the bull run initiator though it doesn't have to be that way all the time.

So, I'm not expecting any big corrections in December, even if it does correct itself, it won't go any lower than the $34k - $33k range and will start recovering again once we hit the new year and hopefully, by the time of the halving event, the price will be around $45k or roughly $50k, in my opinion.

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November 28, 2023, 01:00:10 PM
 #120

Many people are of the opinion that Bitcoin can achieve a new ATH even before the halving, the possibility is there and I tend to agree with them. The main reason for this is that if the Bitcoin ETF gets approved before the halving by April next year,  it is very much likely that Bitcoin might rise and create a new ATH.
-snip-
The ATH target before the Halving was still quite early, and it really needed a lot of fuel to get to ATH again.

Before the halving occurs, there will be many obstacles with the circulation of a lot of FUD that starts to attack, it has been a cycle that has happened before.

ETF is currently a good indicator as a support for Bitcoin to push the price up and break through the nearest resistance.
A lot of speculation is circulating about ETFs, but we just need to wait for how this ETF decision will happen, good and bad it will also be determined by manipulators because the market is now dominated by whales who want cheaper prices.
I agree with you that there are a lot of obstacles on the way to the ATH before the halving. Besides, Bitcoin requires strong fuel to make such outstanding move just like you posited. I think that this year's halving and market movement seems a little different and unique from the rest of them. Like you noted, the ETF speculation is one factor that has the potential of creating the much needed fuel to see Bitcoin rise above the ATH. But there is no guarantees that the ETF will be approved anytime soon.

Many people have also expressed concerns on the what the market will do should the ETF be rejected again by January. Maybe those are the surprises that will be used to manipulate the market before the halving.
Only noobs are the ones who would be thinking that this would really be gonna a smooth sail ride because to those who had been here on this market for a while will really be telling the different thing.
There's no way that we could be able to tell on what would happen in the future, even on tomorrows price is something that cant be known considering that news and issues do really pop out immediately
and could cause that huge devastation or effect into the market whether it would be that positive or negative. There's no way on telling on what would happen next and this is why it would be always
ideal that we should really know on to set those back up plans because certain conditions or situations does really need some wise decisions.

As we do go near on Bitcoin halving, then tons or most people would be expecting for some climb but for those who had been here do really goes after for that huge last price dump before
Bull run enters. It would really be that pertaining always about after halving event on which it is an indication that we are really that near but speaking about future
then there would be no guarantee as always.

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