Bitcoin way forward - Towards $100k or $50k

[Bd officer]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.

[Fatunad]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.

There are even those speculations that circles around that it might be going down again on 50k below or the worst maybe 48k then 42k but the price didnt hit up that low or we might be seeing some fake pump on here before disaster happens? No one could really be able to know on whats happening in the market today on which we know that its always been that unpredictable and there's no way that we could really be able to tell on where it would be heading. Somewhat with the use of those indicators plus having those fundamentals around then you could really be able to assume out that it might be this and that but actually no one really knows on what could happen on the next minute,days or weeks or months. The important thing on here is that you do really know on what you should gonna do on the time that the market will really be going up and down.
Whether you would really be holding up your position or you would really be making out such DCA's or whatsoever that you could really be able to think off with.

[Riginac111]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

that is why I always say that bitcoin price is unpredictable for the price always increase and fall as nobody Knows When the price increases because it's not controllable so what I'm trying to advise people who do invest in cryptocurrency and they mostly for Bitcoin is that invest to what you can afford to lose because he may think that the price of Bitcoin will be going up up why the price will be decreasing so it has been the nature and the system bitcoin operate for long time

[wmaurik]

that is why I always say that bitcoin price is unpredictable for the price always increase and fall as nobody Knows When the price increases because it's not controllable so what I'm trying to advise people who do invest in cryptocurrency and they mostly for Bitcoin is that invest to what you can afford to lose because he may think that the price of Bitcoin will be going up up why the price will be decreasing so it has been the nature and the system bitcoin operate for long time

In fact, when it comes to investing, it's not about how much money we can afford to lose, but rather how much cold money we don't use in other businesses where the money would be more suitable for us to use in investments. So we won't feel worried about falling prices in the market, especially if what we invest in is Bitcoin, which historically has looked quite better even though there have been drops and increases in prices in the market. Because new investors always feel worried about falling prices and also regret when there is an increase in prices after they sold early or didn't buy at a low price.

[btc_angela]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

The way the price of bitcoin started falling I thought that bitcoin might come down to $50k but now the market has started to rise again now the price of bitcoin is 61k plus. Currently, it is very difficult to understand by looking at the market, whether the price of Bitcoin will not decrease or will start to increase a lot. But I don't think Bitcoin price will come down to $50k dollars. No one can say exactly when the bull run will start but hopefully the bull run may start by the end of this year or next year. Hopefully if the Bullrun starts then Bitcoin can hit $100k by the end of this year or next year. No one can accurately predict the price of Bitcoin.

Same impression here, when we went down to $57k, I thought about this thread and I say that OP might have seen what's going to happen as we might go down deep to $50k. But now, the price has bounce back to $64k and what a recovery by the market.

Although it might have some investors getting nervous about the price going down, but it has recovered already so we might sleep very well at night moving forward. And this could be the start of what we are all been wanting to see, a bitcoin bull run this year and looking for 6 digit price range.

[bitgolden]

It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.

I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.

[stomachgrowls]

It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.

I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.

Trading is never been easy in the first place on which it would be something that not everyone would really be able to deal or be able to handle it out. This is why it would really be just that better that you should really be that taking up on what are the risks involved on the time that you had stepped your foot into the market.There's no way that we could really be able to predict on where it would be going whether 100k or 50k then there's no one on this world would really be able to make themselves to predict on where it would be heading. This is why the important thing on here is that you do really know when to get in and on when to get out.
This market cant really be predicted and this is why not all would really be making money and this is why tons could really experience loses of their investment. Results would really be that different to each person or trader because actions would really vary.

[Kemarit]

It is very difficult to predict the current price of Bitcoin because this halving is different from the previous halving. Bitcoin price reached a new ATH before the halving occurred. This is different from the previous halving where we knew there would be a new ATH after the halving occurred. There are currently no signs of a bullish bullish pattern taking hold, so this may be a false bull run to attract buyers before another drop occurs.

For now, don't enter the trade using all the money blindly without any strategy. However, still make purchases using the DCA method because rest assured there is always an opportunity to make a profit in Bitcoin and this opportunity will certainly never end. Even though currently the price of bitcoin is at $57k, I am sure bitcoin will reach $100k within this year, we just need to be patient and continue doing DCA on bitcoin. I hope that all of us here can be free from modern slavery and can achieve financial freedom.

I do agree that it's a risky period and trading right now is not easy, those are all very well established stuff and I am sure that we are going to do better. What I think we will need is the fact that we are going to end up with a good result that will not be too simple, we just need to make sure that we know what we are doing before we get to do any of this.

It's not that complicated though, yeah there are risk period and we all know that. Involving ourselves in Bitcoin takes a lot mentally, and it's more of the money. We need to be smart when to enter the market and then continuously buying at a rate, which what we call DCA.

It is not a simple situation, but if we can do it then we are going to manage to make as much profit from crypto as we can, only thing we need is time and patience, if we can wait for it then we are going to be able to make some good profit from it as well. I personally hope that things will go better, and could end up with something much more profitable in the end as well.

But after we get over with it, it will be simply, just repeat the process. Bu then again, it's the patience and then we need to set our goals, and the best advise is to go long term or continue to invest at least one full cycle in this market and see how it goes for you. If you feel that this market is for you, then go and have a journey. But if you felt that you need more time, maybe you need to go to another test.