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Author Topic: Bitcoin price analysis (daily update)  (Read 8119 times)

Offline blue

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Re: Bitcoin price analysis (daily update)
« Reply #90 on: May 24, 2022, 02:58:17 PM »
Now bitcoin is trading below $30k past two weeks bitcoin price is moving chop chop in sideways between $28k -$30k but dxy is showing bearish moment lot of people waiting for $20k currently I'm waiting for confirmation so now I didn't take any trades.
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Re: Bitcoin price analysis (daily update)
« Reply #90 on: May 24, 2022, 02:58:17 PM »

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Re: Bitcoin price analysis (daily update)
« Reply #91 on: June 29, 2022, 11:47:39 AM »
Today btc is trading at almost $20k still crypto market is too bearish because USD price is constantly increasing currently dxy is moving above $104 also inflation rate is increasing so people are waiting for more crash below $15k But i bought btc below $20k

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Re: Bitcoin price analysis (daily update)
« Reply #92 on: July 28, 2022, 06:21:02 PM »
I think btc has started to pump , i don't think so it will touch new ATH this year but it will touch $30k soon , currently bitcoin is bullish it is moving above 50ema this is a good signal of the pump however crypto market is still fear,
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Re: Bitcoin price analysis (daily update)
« Reply #94 on: October 11, 2022, 07:55:50 AM »
Today bitcoin is going in red path currently it is trading almost $19k still btc in crucial points because btc has been moving in long term down side since it is touched $69k now many people are waiting for more down side they're expecting below $15k .
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Offline sneakyboi

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Re: Bitcoin price analysis (daily update)
« Reply #95 on: October 12, 2022, 09:05:23 AM »
Bitcoin price today is $19,145.83 USD with a 24-hour trading volume of $27,356,391,630 USD based on coinmarketcap.com, I assume that it still be on 19-20k range till november. Im still positive about bitcoin this year.
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Offline Decora50

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Re: Bitcoin price analysis (daily update)
« Reply #96 on: December 20, 2023, 08:11:47 AM »




The current price of Bitcoin is $42,860.  There are huge bitcoin transactions every day, so I have some wealth accumulated in bitcoin and I will definitely get double wealth from this wealth later.

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Re: Bitcoin price analysis (daily update)
« Reply #96 on: December 20, 2023, 08:11:47 AM »


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Re: Bitcoin price analysis (daily update)
« Reply #97 on: December 21, 2023, 06:34:38 AM »




The current price of Bitcoin is $42,860.  There are huge bitcoin transactions every day, so I have some wealth accumulated in bitcoin and I will definitely get double wealth from this wealth later.
Today's Bitcoin price has increased slightly Bitcoin price has increased to $43627 now.Maybe we will see the price of this coin increase much more in the future.

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Re: Bitcoin price analysis (daily update)
« Reply #98 on: January 02, 2024, 03:59:58 PM »
Well currently the price of Bitcoin is rising, it is above $45k:

Bitcoin set to break $50K, Matrixport predicts January surge

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The report also discusses the ongoing BTC supply shortage as a crucial factor in the price increase. Approximately 70% of bitcoins have not moved in the past year, indicating a decrease in the availability of BTC on exchanges. This trend is attributed to investors’ growing preference for cold storage solutions, especially after the FTX collapse. With fewer bitcoins for purchase, this scarcity is expected to contribute to the price rise.

Another important element in the equation is the scheduled Bitcoin halving in April 2024. This event traditionally reduces the rate at which new BTC are generated, leading to a lower supply entering the market. Matrixport notes miners are now more hesitant to sell their BTC ahead of the halving, likely leading to a reduced supply for potential buyers.

The final factor discussed is the U.S. Federal Reserve’s monetary policy shift. A dovish stance by the Federal Reserve is expected to increase capital flow into the markets, searching for investment opportunities. Given the strong performance of risk-on assets like cryptocurrencies in the past year, institutional investors anticipate capitalizing on the opportunity, potentially contributing to a Bitcoin rally.

Source: https://www.cryptopolitan.com/bitcoin-set-to-break-50k-matrixport-predicts/

According to this, things could continue to move forward very well, could it be said that bitcoin is on a bullish streak? Maybe so, but I also think that due to the expectation that if the ETFs are approved these days, the price will go even higher, perhaps $50k is the maximum for now and from there the price can be maintained for a long time, After the halving, it could be said that if it can reach more than $100k, each ATRH is more juicy than before, I personally expect a lot, the most enthusiastic are excited, the price of Bitcoin may be one of the best things that have this 2024, it's all a matter of waiting, we don't know, but by the end of 2024 we could be very comfortable with the price, it's what everyone wants.

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Offline Cheema02

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Re: Bitcoin price analysis (daily update)
« Reply #99 on: January 03, 2024, 03:53:27 AM »




The current price of Bitcoin is $42,860.  There are huge bitcoin transactions every day, so I have some wealth accumulated in bitcoin and I will definitely get double wealth from this wealth later.
Today Bitcoin price is $45,164 this price is a change of 4.63% over the past 24 hours in Bitcoin charts. I think Maybe we will see the price of bitcoin increase to 48,000$ or much more in the next few days


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Offline Aanuoluwatofunmi

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Re: Bitcoin price analysis (daily update)
« Reply #100 on: January 08, 2024, 03:41:14 PM »
Well currently the price of Bitcoin is rising, it is above $45k:

Bitcoin set to break $50K, Matrixport predicts January surge

Quote

Through what we have been seeing recently with bitcoin market performance, there's more to derive from the weekly candles through what had been speculated on, bitcoin will gradually move and keep moving till we arrived at $50,000 and also attain back it's all time high before going to it next move on bullrun after which halving might have taken place already, we cannot escape this volatility of market in cryptocurrency, they are what constitutes the profitability and fun we are having it cryptocurrency.


Offline Paragon2

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Re: Bitcoin price analysis (daily update)
« Reply #102 on: January 19, 2024, 01:09:02 PM »
Bitcoin price prediction daily... Update...


Offline Papusha20

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Re: Bitcoin price analysis (daily update)
« Reply #103 on: January 20, 2024, 03:15:56 PM »
Bitcoin prices are constantly updating, it is normal for the Bitcoin market to fluctuate. A few days ago the price of Bitcoin was at least as low as the Bitcoin Halving so this is the prime opportunity for investors to buy Bitcoin. I've been investing in Bitcoin regularly with what's known as the DCA method. Currently Bitcoin price is $41600, Bitcoin price will increase more in future. Because waiting for Halbing, many wise people are predicting that the price of Bitcoin is very likely to be between 1 lakh and 1.5 lakh dollars this year.

Offline Dr.Bitcoin_Strange

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Re: Bitcoin price analysis (daily update)
« Reply #104 on: January 20, 2024, 09:00:02 PM »
Since I started trading again, I have been more active with price charts and daily price movements. As I have been studying the market since yesterday, it seems it's becoming stagnant around $41k+, and I am beginning to feel that it will not hold that price for too long. If the price drops further to $40k, I fear that it can go below that price too. Although I am optimistic that the price could still surge, it is not limited by the current price. Even if the price drops below $40k, that is an opportunity to buy more.

 

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