BTC showing some strength, will it hold on?

[TomPluz]

As of this moment that am writing this thread, Bitcoin is standing at more than $17K - to be specific now at $17,370. And this actually very good considering  that days ago it touched the low point of $15K. personally, this is making me sad because when BTC got into $16,300 I sold my little and experimental BTC at Binance for a gain of just $9...never expecting that from then on it would be moving to the $17K zone and staying there for some two or three days.

Now, the question is: Do you think BTC can be hold on to this level or will it then start to make a good upward moves towards more? Or will it be going south again?

[rose berry]

Bitcoin could crash 40% in 2023, predicts Mark Mobius.
Bitcoin could crash to $10,000, a more than 40%  plunge from current prices veteran investor Mark Mobius told CNBC

[elbans89]

Bitcoin could crash 40% in 2023, predicts Mark Mobius.
Bitcoin could crash to $10,000, a more than 40%  plunge from current prices veteran investor Mark Mobius told CNBC

I don't be believe it wil happen, bitcoin will crash until 10K USD , but anything can happen at crypto space
I see bitcoin is remaining the King of crypto currency and always being the favourite choice for investment.

[Master107]

Crypto is exiting and should be handle with care and strong will not blame and not to pity yourself from what you've you done. Thought sometimes we cannot defy the fact that we felt messing the good opportunity, yet we still here aiming once again to hit the target mark.

Dump and pump. Decrease and increase is normal. You gain, and you lose. You might gain small or big the important is you are winning and not losing. Bitcoin is predicted to decrease and increase but for us small fish, we don't know what the big whales planning next whether they might hardly pump nor dramatically dump BTC.

[Zezari]

If bitcoin keeps its decline in the market, this means it is necessary for the further growth of the entire cryptocurrency. But so far, it is not worth talking about the fact that there will be a growth of the cryptocurrency soon.

[Citysatoshi]

Bitcoin has very little strength on the current market trends and I think there are no big buying volumes to push the price higher. I doubt if there any institutions buying btc on the current situation. If institutional investors are buying, we will see a good pump and there is also a general sentiment on the bitcoin bottoming target which is giving the market a more bearish scenario. Many analysts think that the bear run will still continue unto next year, a situation that may prolong a downward trends.

[Muneeb22]

This is the time that we need to hold the BTC coin and if you have some more money then we need to buy some more BTC and hold it still the price will not touch the $100,000. This time in the market all the coins values is very low but in future it will go high so much and we need to buy the BTC now and just hold for 1 year.

[satpol_PP]

Sure, I will hold my bitcoin and several potential altcoins at winter season.
Maybe until the next year 2023 or 2024.
Let's see the bitcoin progress at 2023, keep hold of sell it.

[Master107]

If bitcoin keeps its decline in the market, this means it is necessary for the further growth of the entire cryptocurrency. But so far, it is not worth talking about the fact that there will be a growth of the cryptocurrency soon.

Not really necessary for further growth as we can see increase is on the move. From 15k now at 17k. Bitcoin is showing some strength to tell every hopeless that pump is still possible.

And Yes, Growth is what we are expecting after the hard dump. Though Bitcoin is volatile yet potential investment for long term.

[KaliLinux]

Well, it is obvious that the market, in general, is still in a bear trend and as some most have predicted, we can still see a downward price of Bitcoin towards the $12k range which is the red line that will now act as a major support and the stochastic RSI is flashing overbought sign in the Daily Bitcoin price chat. Let's see what happens in the days/weeks to come.

[Senin]

Bitcoin could crash 40% in 2023, predicts Mark Mobius.
Bitcoin could crash to $10,000, a more than 40%  plunge from current prices veteran investor Mark Mobius told CNBC

Now the price of Bitcoin again fell a little to $ 16,845, on Coinmarketcap almost all cryptocurrency is again in red. Cryptowinter continues until we see real changes in the direction of improving the situation. However, I do not think that a bear cycle will last for years. Bitcoin and the cryptocurrency market as a whole can change the fall and stagnation to growth at any time. Now there are both negative and positive forecasts for the further price movement of this market. While there is nothing unusual in the cryptocurrency market, a large price volatility is always inherent in this market.

[I-Bit]

I don't see a constant increase in BTC price, it still stays around $16k - $17k. I am not sure that there is a sign of the price strength of BTC this month, seems the price to stuck at the current price range. Maybe there will be a better price strength in early of next year, but it only happens if there is no bad issue around crypto and BTC.

[zilzylian]

Bitcoin could crash 40% in 2023, predicts Mark Mobius.
Bitcoin could crash to $10,000, a more than 40%  plunge from current prices veteran investor Mark Mobius told CNBC

Looks like it will happen if inflation gets higher, as I see, Bitcoin has touched $16k usd in few days and it's a strong price support, many observers predict Bitcoin price but all that is just prediction and hopefully BTV price doesn't drop to $10k usd.

[Zezari]

The market is now falling very hard and most traders say that the market will fall even lower despite the support of bitcoin. The question now is when the market will recover again and whether the price of bitcoin will be as high as before.

[dekafee79]

If you asked, will it hold on ? Of course.
Bitcoin is suitable for long term investment, I will hol my bitcoin until bullish season.
It might happen at the beginning 2025.