Bitcoin will fall or not

[cryptomaniac_xxx]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

At what time are we talking here? End of this month or the next couple of months? This is not the first time that we have seen such big resistance and so it's just a matter of time before we can break that $120k and then remain at that price and it will be the support line. But I don't think that it's possible at the end of the month though. We have barely a week to do that. But perhaps it's possible in the next two month or so. And then we will have the final rally, last three months will be critical and it everything falls into pieces, prediction that a $150k or as high as $180k is possible. But if we talk about $120k resistance, it might take at least three attempts minimum to break that barrier. The only thing that I can see a short burst is that if we have a good news that will make the investors pour their money in an instant. But so far, I doubt that we will have such big news to push the price magically.

[DanWalker]

I voted for bitcoin price to go to $120k but honestly, it is very difficult to make short term trend predictions for bitcoin because bitcoin is quite volatile. But in the medium term (from now until the end of the year), I still believe that the price of bitcoin will continue to increase and reach $150k, before the end of the year.
Anyone who bought at this price and sold at $150k would have made a 33% profit, which is not too bad of a return over a 4 month period. So anyone who still believes that the bull season is not over, we should take advantage of corrections like this, don't miss out.

[EarnOnVictor]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

A barrier at $110,000 looks like a good one, even as the resistance at $120,000 is equally good. However, what I envisaged (not from analysis, but instinct) is that, just as we witnessed around $112,000 before that level finally gave up, so we will witness with $120,000. It's going to be a rollercoaster ride around $110,000 and $120,000 for the time being before we witness an eventual breakout.

How soon is what I don't know, but it will surely be at least in weeks or months.

[Awaklara]

I speculate that Bitcoin will still be at its current price in the short term, it will not fall below $110k, but it may not break the $120k level either. We may still be around the price of $114k-$117k for a while. The situation may not be as I described, but at least for daily trading, we may not drop below $110k. If there is a price drop of more than 5% for the day, it may cause some small panic for traders.

[Accardo]

I've gone through pretty nice predictions of what the bear market would be like, the market is just this way, variations, everyone second guesses, but one thing is missing - time. Only few speculators points out about the time trend of Bitcoin price, if the bear market sets in next year January, what would the price look like in mid 2027? they could be a much lesser price of bitcoin that settles at 90-100k, before the next halving, when it might surpass even $150k threshold. Government has money in Bitcoin, but some people think they're all seized. If US government go ahead with the investment as promised then Bitcoin may not have no need to suffer much with the bear market.

[Mrbluntzy]

We are still in the bull season and certainly Bitcoin will surpass $112k and it could also dip below $110k, it depends on the period you want the analysis made (short or long term?). If you had asked which day, week or month would Bitcoin surge above $112k or dip below $110k, that will be more specific. Am make analysis right now for price movement in the next few day or the remaining days of this month, honestly I don't understand what price will do next because there is a possibility that price can dip below $110k targeting the $108k support zone on the daily time period because sellers are entering the market trying to push the price down but it's stucked on the gaps zone and it can either be pushed up back from that gap zone or continue the downward movement, at this point there's not certain direction. Apart from this short term price prediction, I believe that Bitcoin will cross $112k and even get to the $150k that most of us are speculating on.

[Pandu Geddon]

Or do you think bitcoin will fall more than $110000?

Bitcoin will stay above $110k and will not continue to drop below it. If it can be maintained, it will allow Bitcoin to have a chance to surpass $120k once again. However, this may not happen for the closing price of Bitcoin this month, if we are still in a bullish trend. But if the unexpected situation becomes a decline below $110k, it is possible that a market trend change may occur.

[Ultegra134]

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

Although it was an instant drop, I don't find it extremely concerning. The price is quite high already and was met with great resistance at $110,000, it's expected that surpassing the previous ATH of $123,000 isn't going to be easy. Bitcoin is already at $116,000 and shows a few signs of recovery from the recent drop.

Will we have another ATH till the end of 2025? From my perspective, certainly, will it reach $150,000? That's something we can't accurately predict, but I'm trying to remain confident.

[Alpha Marine]

The way I see it, this is simply an opportunity for us normal folks to get bitcoin at a cheaper rate. Bitcoin going to $115k after going above $120k is not something that will make me panic. I would like bitcoin to just keep increasing and not dip ever again, but we all know that is not possible, so we have to make use of an opportunity when we see it. Before bitcoin got to $123k, it dipped. There was a time bitcoin got to $75k, so I don't see a reason to doubt now.

I don't think bitcoin will get to $110k, but even if it does, I still believe it will get back up to $120k. So I am not worried at all. When more people take advantage of the dip, the price will go back up.

[philipma1957]

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

JESUS CHRIST ALLMIGHTY IT IS A FUCKING DIP NOT A FUCKING DUMP.




rant over  


oh I got some dip today.

[Btcdeybodi]

The market is going through some corrections which i think will not go below $110k so the support will still hover around that position and from time you created this thread till now you can see that the price have gained strength up to $117k so probably during the weekend we will see the price going back to $120k.

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

JESUS CHRIST ALLMIGHTY IT IS A FUCKING DIP NOT A FUCKING DUMP.

Some people do not really understand the difference between a DIP and a DUMP 

BUT THE JESUS CHRIST ALMIGHTY GOT MY ROLLING ON THE FLOOR IN LAUGHTER 

[Agbamoni]

@Oshosondy, I was looking at the chart today, it is very obvious the price will drop more from $115,000 to $108,00. That is, mere looking at the chart. But you know we cant be certain.

$120,000 seems to be a more phycological and technical resistance point to me. Perhaps it's because I am looking forward for the price reaching $130,000 soon.

[Odusko]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

The question is not wether Bitcoin will exceed that price as a resistance because definitely Bitcoin will indeed pass that price in the end but still yet we should be more concerned about the question of when that will happen because at some point we will definitely pass that region but uncertainty is when the time will be, $120k price is not too much to achieve from where we are right now, since we have touched that benchmark before now.

[Perfectbaby]

I am optimistic about the bitcoin but one thing we must have in mind is that is bitcoin is speculating assets that doesn't remain in a same position for months or year, instead it should try to mellow down how we think and assumed bitcoin price would hit before this month closes its candle. I do not think bitcoin will be above 123k again but, then who knows what would happened at the Q4 of this year?
This is absolutely No because we can't just predicts what would happened and even it works that doesn't make such a guru on what they are doing.

[Zigabel]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

$110000 will be the new support now since bitcoin has over the past month been able to break the ATH to about $120,000 and it looks like it will break above this new ATH which is considered a resistance by OP , in the coming month, we should expect the chances of this possible break by Bitcoin to get above the current ATH and if it happens to deepens,  then we should be looking somewhere around $100k or in worse case $98k .

Many persons has got this expectation for Bitcoin to hit $200k before the year runs out which I do not doubt the possibility around it because of the moves we are seeing,  if it were like before when bitcoin moves exactly according to its cycle we should be saying we will be exiting the bull market soo and so the expectations should be dropped a little but currently there have been too many economic factors that has slightly interfered and now the exact direction cannot be ascertained but speculated hence we need to just keep an open mind and stay prepared while expecting almost anything to happen.

[adaseb]

Honestly it can reach both prices you mentioned in the same week. A $10K spread seems like alot but keep in mind its less than 10% of the actual price move. There are many days in the past where Bitcoin has moved 3-5%. So a 10% move is not that big.

I don't think $120K or $110K are significant. We can dip to around $110K as support and we can also rally up to $120K and perhaps $125K is a stronger resistance area compared to $120K.

[Tonimez]

Honestly it can reach both prices you mentioned in the same week. A $10K spread seems like alot but keep in mind its less than 10% of the actual price move. There are many days in the past where Bitcoin has moved 3-5%. So a 10% move is not that big.

I don't think $120K or $110K are significant. We can dip to around $110K as support and we can also rally up to $120K and perhaps $125K is a stronger resistance area compared to $120K.

I'm not looking at bitcoin as something that would suddenly fall to some extent and as it stands, bitcoin has been very resistant spending weeks now above $115 . The right thing for every investor now is to keep buying. Speculating about bitcoin fall would influence our attitude to regular buys when you start waiting for dips to buy which is not assured. This can make someone miss out opportunities in bitcoin. Bitcoin has been trying to prove a greater percentage wrong recently and I can say that there won't be any prolonged serious Dip anytime soon but that's not ruling out volatility effects completely.

[Marvell1]

The sudden drop in bitcoin price over the past two days is believed to be due to a Satoshi-era “whale” dumping 80,000 BTC worth more than $9 billion onto the market via Galaxy Digital. This is considered the largest sale in the history of the market, larger than any previous sale by the German government, MT.gox...so it is not surprising that the price fell. But what's interesting is that the bitcoin price only dropped slightly, there was no serious dumping, and what's even more amazing is that the market almost quickly absorbed all of those bitcoins. That's why bitcoin is recovering. Therefore, I believe that bitcoin will not fall further and we may see green flooding the market in the coming days.



https://x.com/BitcoinNewsCom/status/1948853218760401125

[Catenaccio]

I don't think we are going to see any major crashes unless something significantly negative happens. The only kind of drops we can expect are small drops and corrections.

It's baseless concern in the crowd while they should expect something positive like after many months of tighten the interest rate, FED sooner or later will revert this policy and it will boost the market to the Moon with Bitcoin soar firstly. Part of this expectation was reflected in the market but not all of this.

Similarly as I've been saying for the past months, because of the ongoing global recession we can not expect any kind of major rises either. So the only thing that we should expect are smaller rises like what we've been seeing so far (eg. 2 months to go from $80k to $90k; another month to reach $100k; 2 months to reach $110k and so on).
Keep in mind that even though these rises are $10k in value but they are really 10% rises which aren't that big in a Bitcoin Bull Market period.

People who are fearful about Bitcoin in coming months or next bear market will feel better if they know about this article.

Nothing is the same and the future is different than the past but history has its rhythm and also fractals.

Bitcoin historical corrections from All Time Highs.

[justdimin]

A barrier at $110,000 looks like a good one, even as the resistance at $120,000 is equally good. However, what I envisaged (not from analysis, but instinct) is that, just as we witnessed around $112,000 before that level finally gave up, so we will witness with $120,000. It's going to be a rollercoaster ride around $110,000 and $120,000 for the time being before we witness an eventual breakout.

How soon is what I don't know, but it will surely be at least in weeks or months.

I agree, at least for the time being, we are not going to see under 110k. Obviously when the bear run starts we may, but that means even under 100k, or under 90k and what not, it goes down until it reaches the bottom. We are not near that bear levels, so that means over 110k is guaranteed. That means, if you invest now, then for the short term you can't lose more than 5% and that is a good investment. The downside is that we can't make more than 10% neither, not in the short term at least.

We "may" make more, if there is a huge bull run that goes crazy, but we already ha da huge increase, so it would not be reasonable to expect it to do better than that. We need to see how this could be a thing that could be very important for all of us to just hold for this time to wait until it goes up, and do not sell out of fear.