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Author Topic: I believe Bitcoin will surge to new heights after this dip  (Read 429 times)
shanhaigamefi (OP)
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May 13, 2024, 07:46:57 AM
 #1

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
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May 13, 2024, 08:16:45 AM
 #2

Not only you, almost everyone believe we will see a bull season after few months dips, just take a look with the past histories.

The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.
I mean, 10% rise is small if we talk about Bitcoin, there's nothing surprise if Bitcoin will reach $72K, that's just a normal thing.

All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
No, the fate of Bitcoin didn't controlled by United States, there's no correlation at all. Even United States completely ban Bitcoin, there are still hundred countries accepting Bitcoin.

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May 13, 2024, 08:40:15 AM
 #3

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
It is not something new, and everyone that understands Bitcoin market already knows this that bitcoin price will reach 72k and not just 72k,bitcoin price will hit 100k but nobody knows when we will see this prices, but for sure will see it soonest. The bull run will approach in no time and that is what all investors are waiting for before offloading their bags.

The current price is an opportunity for investors that don't have enough to buy more in preparation ahead of the bull run. I don't think that any even that happens will have much effect on bitcoin price, and if it does, it will only be temporary. Bitcoin have proven this times without numbers.

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CryptoHeadlineNews
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May 13, 2024, 08:52:56 AM
 #4

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.
This is not the first or neither will it be the last we see people coming out with theorems whenever there a sign of the market turning Green, because at the time of writing this post, Bitcoin is currently been traded at $62,850, which is just a difference $150 before hitting the predicted amount Michaël van de Poppe. So let's watch and see how the market goes, because initially it will be our joy and gladness to see Bitcoin breaking a new All-time-High just few weeks after it's 4th halving.


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May 13, 2024, 09:52:47 AM
 #5

Not only you, almost everyone believe we will see a bull season after few months dips, just take a look with the past histories.

The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.
I mean, 10% rise is small if we talk about Bitcoin, there's nothing surprise if Bitcoin will reach $72K, that's just a normal thing.

All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
No, the fate of Bitcoin didn't controlled by United States, there's no correlation at all. Even United States completely ban Bitcoin, there are still hundred countries accepting Bitcoin.
That is why it is even scary, since when as things come up as people think in crypto space? The opposite always happen and Bitcoin likes surprising the hoards when they least expect it, anyway there is only one way to find out, let's wait and see what happens.

I think the deeper the correction the better for the market on the long run, if Bitcoin goes back to 40k range the possible uptrend will be more bullish, and now I think the only positive thing to look up to is the coming election, Biden needs to leave the presidence for another ruler who is going to put less stress on Bitcoin and the crypto market..

I know this may not have a huge impact on Bitcoin itself but the users of Bitcoin will always be able to breath, I am talking about those in the United States, in the end Bitcoin will still do what it always do, no bad news can stop Bitcoin now it can only slow it down.

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btc78
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May 13, 2024, 10:30:23 AM
 #6

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.
Some may see the dipping of the market as a chance to acquire more bitcoin while some may lose confidence and start selling theirs. Just choose which one you want to be.
Quote
Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.
It’s not that difficult to imagine since bitcoin already reached up to $70,000 or more during its peak. At this point it is just a matter of “when” and not “if”. We better prepare and get ready for when the bull run properly starts.

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May 13, 2024, 10:33:45 AM
 #7

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
speculation has been ongoing even before the halving about the much anticipated bull that's coming any moment from what's now seen as a temporary correction and what he's said here isn't any different from what's been said in the past.

I've not really paid attention to the kind of speculations that's going on as regards the fate of etherum at the moment but what's more certain about the season is that the post halving effect will play a great role in the most anticipated bull and regardless of what social media speculators airs out as regards this kinds of possibility is totally independent on how bullish bitcoin will get within the year.

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May 13, 2024, 10:34:24 AM
 #8

You don't need to consult or listen to analysis from any analyst, bitcoin's price increase is inevitable and will definitely happen, the only problem is time. That's why people often advise each other not to pay too much attention to the short-term volatility of bitcoin, look at the long term and bitcoin will never disappoint us.

In mid-May, we had a lot of news related to inflation and everyone was waiting, but even if the results were not as expected, there was nothing scary. The negative effects will also be absorbed soon, bitcoin will have a correction because of them but then bitcoin will also recover.

I remember in 2022-2023, we had a war, inflation peaked, the Fed continuously raised interest rates but could not stop the recovery of bitcoin. And at the present time inflation has decreased somewhat, the impact from the war is no longer too much, so there is nothing to fear.

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May 13, 2024, 10:45:51 AM
 #9

You don't need to consult or listen to analysis from any analyst, bitcoin's price increase is inevitable and will definitely happen, the only problem is time. That's why people often advise each other not to pay too much attention to the short-term volatility of bitcoin, look at the long term and bitcoin will never disappoint us.

In mid-May, we had a lot of news related to inflation and everyone was waiting, but even if the results were not as expected, there was nothing scary. The negative effects will also be absorbed soon, bitcoin will have a correction because of them but then bitcoin will also recover.

I remember in 2022-2023, we had a war, inflation peaked, the Fed continuously raised interest rates but could not stop the recovery of bitcoin. And at the present time inflation has decreased somewhat, the impact from the war is no longer too much, so there is nothing to fear.

I agree with you, we have had all the worst possible scenarios in recent times, war in Russia, FTX, inflation, war in Israel... and bitcoin continued its natural movement, it is even well advanced, I imagined that at halving the price would be at 35-40k range. But it passed that and we reached ATH, an unprecedented fact... I'm quite bullish, this year and the next promise to be very interesting, just be patient.

.
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May 13, 2024, 10:55:02 AM
 #10

I don't see anything new to what has been said by that guy and what you have just brought in here. It's true that we pass on these prices levels that we have right now and then we'd surely proceed to $70k and up.

Everyone is believing that we're going to see these surges in no time because we're passed the halving and that's where we all believe is going based on historical facts and charts.

$100k and more is gonna be hit as a new ATH not this time or year but maybe next year.

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May 13, 2024, 11:28:08 AM
 #11

Your Bitcoin optimism is spot-on. Yes, absolutely! This is a great opportunity. The best! Famous specialists like Michaël van de Poppe concur that its all in the charts. BTC is about to explode. HUGE potential. Once it gets beyond $63,000, watch out. Its going straight up, possibly $70,000. I know markets, folks. I know Bitcoin

This future economic data? Undoubtedly significant. Remember, markets fluctuate like tides. Dont worry about short-term changes. Crypto is the future. Best is yet to come. So do this: be wise, have patience. This dip? Its gift. Hugest, most lovely present. Get Bitcoin now. Hold on. When it peaks, you'll thank me. Because patience pays off. Remember to win, not simply invest. Bitcoin is our ticket to big wins

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May 13, 2024, 11:44:28 AM
 #12

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.

according to Coinmarketcapitalization we can see the price chart of bitcoin in 24
hours now and says



Price performance  24h

Low
$60,769.84
High
$63,248.30

https://coinmarketcap.com/currencies/bitcoin/

and so if what you said is true(or imean Micheal Van de Poppe) says after breaking 63k
we will see 70k and above again so are we waiting then?

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May 13, 2024, 11:53:21 AM
 #13

Regardless of the current market condition, it still reminds our minds of what happened after halving in the past years. It dumps yes but it rises again and makes another ATH history. We believe that every 5-year market cycle we are able to see another ATH, another breakthrough. This is the reason why despite the sudden drops, many were still calm and not selling their BTC because of faith and knowing that there is always a recovery after the dip.

Of course, those who are uncertain will claim that we are wrong. Perhaps, we don't argue with them because not all are able to see the strong support of the community which drives the price to rally again, they've been influenced by their negativity.

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May 13, 2024, 12:27:10 PM
 #14

No certainty but I believe Bitcoin and this market in general, would be creating new prive ceiling this year. Of course expectations will still be associated with recent halving . The market price fell hard indeed but at least it sits on the resistance zone which gives me hope for a full recovery few weeks or months from now. I'd rather wait than to panic and sell my holdings because I don't want to regret things afterwards. The bull cycle is just about to start and there's more to hoping recovery.
You don't need to consult or listen to analysis from any analyst, bitcoin's price increase is inevitable and will definitely happen, the only problem is time. That's why people often advise each other not to pay too much attention to the short-term volatility of bitcoin, look at the long term and bitcoin will never disappoint us.

In mid-May, we had a lot of news related to inflation and everyone was waiting, but even if the results were not as expected, there was nothing scary. The negative effects will also be absorbed soon, bitcoin will have a correction because of them but then bitcoin will also recover.

I remember in 2022-2023, we had a war, inflation peaked, the Fed continuously raised interest rates but could not stop the recovery of bitcoin. And at the present time inflation has decreased somewhat, the impact from the war is no longer too much, so there is nothing to fear.

I agree with you, we have had all the worst possible scenarios in recent times, war in Russia, FTX, inflation, war in Israel... and bitcoin continued its natural movement, it is even well advanced, I imagined that at halving the price would be at 35-40k range. But it passed that and we reached ATH, an unprecedented fact... I'm quite bullish, this year and the next promise to be very interesting, just be patient.

It even fell down to $16k and that is enough for me to believe that Bitcoin is capable of recovery. What we experienced is just a part of its natural market volatility. What's best is to embrace it and if you have the means to do so, fill your bags more of it and wait for the uptrend to take place. It might not happen soon but there's this feeling that it will.

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May 13, 2024, 12:38:50 PM
 #15

Quote
I believe Bitcoin will surge to new heights after this dip

In the long run, I believe that all of us who are still here have never doubted the future of bitcoin. Bull season will come and bitcoin will hit 6 figures, and we are even very close to that. The recent corrections are making many people skeptical about bitcoin and the market's growth, but most of those panicking are newbies. But for those who have experienced the bull season before, they understand what is going on and they also see this as a great opportunity to accumulate bitcoin before the bull season comes.

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May 13, 2024, 01:00:00 PM
 #16

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

This is a very common trait you can have with a bitcoin investor who understands when and how to come in safe into the market before making an investment,

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

We already knew about this without him saying it, bitcoin will even go to the extent of getting close to $150,000 before the end of the year, we should just get prepared for that coming.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.

This new week, expect anything to change anytime from now, all you need to do is to keep holding.
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May 13, 2024, 01:09:55 PM
 #17

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
The four-year cycle will always exist and the increase or decrease in prices is determined by the four-year moment, but most people don't realize this, they often get caught up in their trading and even panic occurs after the price drop like now, so if you know it This will definitely make you relax thinking that this is a normal thing that happens.

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May 13, 2024, 01:23:32 PM
 #18

The four-year cycle will always exist and the increase or decrease in prices is determined by the four-year moment, but most people don't realize this, they often get caught up in their trading and even panic occurs after the price drop like now, so if you know it This will definitely make you relax thinking that this is a normal thing that happens.
With less bitcoins for Bitcoin block subsidy in future halvings and future cycles, I think price impacts from future halvings will become smaller and smaller. I still see future impacts, positively, from Bitcoin future halvings, just impacts would be smaller than previous halvings and market cycles.

Will Bitcoin come to a day that a halving will no longer create big or nearly no price impact?

Honestly I don't believe it will happen too soon like next 5 halvings that is 20 more years from now, this period is long enough for me to invest in Bitcoin and hold it to get profit. I don't imagine a longer future than 20 years of investment but I will try to expand it longer with time.

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May 13, 2024, 02:14:19 PM
 #19

Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
Historically speaking the propulsion of bitcoin from a rock bottom is higher than its previous ATH, so yeah, if the cards are played right this season we might see bitcoin reach the historical 100k or even 150k this bull run, but the thing is, every bull run we have had since 2016 there had been a narrative the whole bull run or at least its initial run was pegged into which helped propel everything upwards. For 2016 it was ICOs, 2020s it was DeFi and NFTs, this year, RWAs and Memecoins seem to show promise, as well as ETFs but those can only do so much when it comes to striking confidence in the seasoned crypto investor's hearts, as well as interest in a newbie investor's side.

While I am very excited to see what this new bull season's about to offer, I'm a bit worried that we're at the final stretches of narratives and we might be scraping at the bottom of the barrel at this point, but it eases me to know that at the very least the market makers aren't going to budge no matter what, so in a way we're still safe and good.

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May 13, 2024, 02:27:43 PM
 #20

This should be common knowledge for those who know bitcoin. People expected bitcoin to skyrocket immediately after the halving but from history, we know that it's not usually that way. I believe bitcoin would get t $70k and above, the time is what I'm not very sure of.
I see this as an opportunity for those who want to buy bitcoin. Bitcoin is a type of asset that when it's price dips, that should be opportunity for people to buy and make more profit when it goes up again, because it will definitely go up again.
For those that feel they've missed the opportunity of owning bitcoin when it was $30k, now that it's around $62k it can still be an opportunity for them because bitcoin might to to $100k in the next year.

R


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