I tjink $150k look certain this year, bitcoin unstoppable!

[barbara44]

We already know the price is not meant to be in one place or just be an upward something without a sign for it to fall. All investors should be prepared for whatever the market offers them and not react as if it takes them by surprise, although that's how it happens most times, but as long as the investors plan to hold for the long term, that should not be a problem.

Right, crypto markets similar to any other markets will have both sides. They will go upwards but will never continue to go upwards. There will be some profit takings, some corrections and some traps which will make the prices dump as well. This is well expected not only with bitcoins but with any other financial instruments. Bitcoins have shown quite impressive growth so expecting some downfall is really not that a big deal.

Most traders or even holders who know how the markets work will already be prepared for this and will still be holding their bags as they believe in long term goals instead of just eyeing short term profits.

For long term, bitcoins are always bullish as there is no other instrument as exciting as bitcoins but by long term I mean years here and not just months. Way back in 2017 when bitcoins dipped below $20k, most people thought this is the end but just imagine where are we standing today. This will be the same situation after a couple of more years.

[masulum]

For long term, bitcoins are always bullish as there is no other instrument as exciting as bitcoins but by long term I mean years here and not just months. Way back in 2017 when bitcoins dipped below $20k, most people thought this is the end but just imagine where are we standing today. This will be the same situation after a couple of more years.

We know this as bullish and bearish cycle because a similar pattern has been observed since Bitcoin first traded. Not only since 2017, but previous years have also shown similar patterns. Although this pattern is considered almost valid to occur every five years, with the fifth year being bullish, the previous four years were bearish.  Even this is a common pattern, it's important to be aware of the potential for a very deep correction. The market moves according to the wishes of market participants,  if institutional holders trying to manipulate prices, this can lead to positions that deviate from previous patterns. We know several case before, from McAffee tweet, Tesla Tweet, Nayib and Musk Tweet, everytime they are make a post about crypto, flash pump coming.

[LFC_Bitcoin]

$150,000 is more or less what I expected to see as a top this year. I’m not sure how I feel about the chances at the moment. Bitcoin has shown weakness in recent weeks but we are at the time of a bull market where Bitcoin starts to run hard so we will see if history repeats.

If $124,000 was the cycle top I will be very disappointed. Not even 2x the 2021 bull market high is not a good sign for the future profits. Let’s see what happens though, nearly crunch time.

[dezoel]

People already stopped calling bitcoins as a bubble a couple of years back. When we crossed $50k, these people who called bitcoin as a bubble were the ones to invest all their savings here.

Yes, we do have some more haters but even those will turn out to be supporters once we see bitcoins crossing all price barriers and standing on top of all investments available across the globe. As of now, expecting $150k in short term is really not what we are looking for but yes for longer period not only $150k but $500k and even $1M is possible but I'm talking about a really longer period here.

Bitcoin must be no longer a get rich quick scheme. We need patience and dedication in order to really start making profits and thinking about short term is just making another mistake. The recent dip might have taught you to be patient and think about longer term.

[Stablexcoin]

We already know the price is not meant to be in one place or just be an upward something without a sign for it to fall. All investors should be prepared for whatever the market offers them and not react as if it takes them by surprise, although that's how it happens most times, but as long as the investors plan to hold for the long term, that should not be a problem.

Threads like this is what to predict the all time high for the day or month not exact price of bitcoin particularly. Bitcoin is volatile, but the volatility is very essential that we can't do without, investors are waiting for dips to purchase bitcoin, those who already own bitcoin will also be waiting for bitcoin to go bullish in order to take profit from their investment. Price volatility can take bitcoin either above or below the speculated price, looking at things, there is hope for $150K before the year runs out.

[Franklyn-wood]

Very certain and you don't have to joke with it.
I don't know why some people are very concerned about seeing the price of Bitcoin at a very high price when they should be looking for how to invest in Bitcoin so they don't miss the opportunity to buy and hold before price will leave them.

After you have settled your family, pay your bills and whatsoever, you need to use part of your discretionary income to buy Bitcoin and keep the rest. It is important you keep money for emergency so when you need anything to do with money whether from your family or from your workplace, you can use part of your emergency fund to fix that.

There is need to have the mindset of holding Bitcoin for a long time so that you can make good profits not just buying and selling while waiting for the price of Bitcoin to go up so you can make money from selling part of your holding.
The goal should be to hold for as long as possible. The price of Bitcoin will get to where it's going to reach and you don't have to be panicked when price goes down. Holders are not meant to be bothered when price of Bitcoin range or go bear. That should be an opportunity to buy more.

[SATWAT]

Bitcoin always carries that unpredictability it can smash expectations in either direction in a very short time that’s why people throw out wild predictions like $200k or even $250k but the truth is no one can forecast it with certainty. Looking at the current range between the last ATH at $124k and possible support levels near $90k it makes more sense to think in steps than in leaps if it pushes past $130k it builds a new base for bigger moves later maybe $150k becomes realistic next year rather than in the final stretch of this one.

The volatility is the double edged sword it’s what gives bitcoin the chance to multiply in value over time but also what makes short term predictions unreliable the only strategy that has consistently worked for long term investors is conviction combined with patience ride the waves instead of trying to time every crest and dip. In the end bitcoin’s story isn’t about whether it hits $150k this year or next it’s about the trajectory across years with supply halving cycles adoption growth and market demand pointing toward long term appreciation.

To be fair if it wasn't this volatile, this many people wouldn't have been interested in crypto. Imagine something that goes up only 2% a year, and it is not even guaranteed, you think we could have grown this much in about 10-15 years? Of course not, the volatility is the reason why we are making this much money and that is why there are so many people who are interested.

We have gone up a lot, and that allowed us to be huge. If we can keep the volatility high, then we can make a lot of money from it as well. This is a very important subject, we need to be careful about it. If we become a boring asset that doesn't move that much, then it is not going to entice people enough to invest into it and prevent us from growing.

[skarais]

~~~

To be fair if it wasn't this volatile, this many people wouldn't have been interested in crypto. Imagine something that goes up only 2% a year, and it is not even guaranteed, you think we could have grown this much in about 10-15 years? Of course not, the volatility is the reason why we are making this much money and that is why there are so many people who are interested.

We have gone up a lot, and that allowed us to be huge. If we can keep the volatility high, then we can make a lot of money from it as well. This is a very important subject, we need to be careful about it. If we become a boring asset that doesn't move that much, then it is not going to entice people enough to invest into it and prevent us from growing.

Bitcoin's price fluctuation is essential because it's how traders and investors generate returns. The high or low volatility of this volatility depends heavily on a variety of factors, collectively known as supply and demand. Bitcoin's price volatility is one of the most attractive assets for investors and traders, but only those willing to consider the risks.

Those who can maximize market volatility will earn the return. The greatest returns from bitcoin are not for long-term holders who sell their bitcoin at low prices, but for those who can maximize on the market and its dynamics.