Bitcoin price speculation and analysis Thread

[Stompix]

Hihi, it's so funny to read May predictions in July, hope it will be just as fun to do the reverse in September when reminded of the current doom and gloom.

But, it's time to deal with reality, like it or not, there is fear everywhere, and ironically enough the only major event I see powerful enough to reverse it is interest cuts, but god!!! this will be on the ultimate irony level, Bitcoin recovering because of money printing turning on!

This is the big bet going forward. Nobody has a clear idea of who those agent are: Basis traders? Boomers hodlers? Institutional investors? To early to call.  Definitely, not diamond hands.

Why do we even able them as *whatever* hands, when they hold nothing but IOU promises in them? Those guys have never held actual coins ever!



 

[Pastaral]

Bitcoin market is currently dumping.  Bitcoin is down from 61K last week to 57K this week.  Investors are very afraid of this market going bad.  Due to this, selling pressure is high.  There are many others who understand investing are investing now or they are taking risks.  If they can hold on to Bitcoin for a long time then they will do well in the future.  But none of us can say what the future of the Bitcoin market will be like?

[Ricardo11]

The price of Bitcoin is rising again little by little. 2 days ago Bitcoin price was 54K and currently Bitcoin price is $57,735. Come soon it will be 60K again. I am trying to buy as much as possible right now, it will give us a lot of good after a few days. So trust and hold Bitcoin. Those who hold from now, will do well in the future.

[fillippone]

I don’t get the point.
WO started as a technical thread, but nowadays it is embedded with spam, which is part itself of the WO success.
So which part do you want to avoid?

[dekafee79]

The price of Bitcoin is rising again little by little. 2 days ago Bitcoin price was 54K and currently Bitcoin price is $57,735. Come soon it will be 60K again. I am trying to buy as much as possible right now, it will give us a lot of good after a few days. So trust and hold Bitcoin. Those who hold from now, will do well in the future.

The current price of bitcoin is $64K almost $65K, this is a good thing for the crypto market. I also saw that many of the altcoins that I collected started to rise, so that my crypto assets increased in dollar value. We'll see if at the end of this month the price of bitcoin can exceed $70K, or even touch a new ATH.

[Jamal Aezaz]

The current price of bitcoin is $64K almost $65K, this is a good thing for the crypto market. I also saw that many of the altcoins that I collected started to rise, so that my crypto assets increased in dollar value. We'll see if at the end of this month the price of bitcoin can exceed $70K, or even touch a new ATH.

The price of Bitcoin is 65k$ today which is a positive move towards the bull season so we should not forget that as during elevation we feel satisfied we should also feel satisfied during dumping in the market as it is a new chance for us to make Investment at a reduced price.

With Bitcoin all other altcoins are also increasing so altcoins holders will also have profit and they will not be in worry now to lose their money. Accumulation can still give you profit but those who already are worried about their profit should stay silent to wait for the next pump as the market is not easy to predict.

This is all about the predictions that we will see 70k$ at the end of this month but reality is totally different from our expectations so we can just assume about the market and follow the rules and regulations but we should accept that price which is real and wait for our target to become possible.

[fillippone]

This thread needs more action if it wants to become the altcoinstalk.com equivalent of the WO.
a post per day won't suffice!

[surendertakyaan70]

Bitcoin is a digital currency. It was created by an unknown person or a group. Its circulation started in 2009. I believe that if there was no bitcoin, maybe there would be no cryptocurrency. The value of bitcoin changes the value of all cryptocurrencies. All cryptocurrencies are based on bitcoin. Bitcoin has made its mark. Bitcoin works on a decentralized network. This creates a stir in the market by investors. For example, in the last 2 years the value of bitcoin was disappointing, but now in 2024, it is emerging as a hopeful asset. And it is expected that bitcoin may break its previous record in 2025.

[JunaidAzizi]

Bitcoin is a digital currency. It was created by an unknown person or a group. Its circulation started in 2009. I believe that if there was no bitcoin, maybe there would be no cryptocurrency. The value of bitcoin changes the value of all cryptocurrencies. All cryptocurrencies are based on bitcoin. Bitcoin has made its mark. Bitcoin works on a decentralized network. This creates a stir in the market by investors. For example, in the last 2 years the value of bitcoin was disappointing, but now in 2024, it is emerging as a hopeful asset. And it is expected that bitcoin may break its previous record in 2025.

There is the concept of cryptography before Bitcoin. I heard from someone that before Bitcoin, there were some currencies like eCash and Bit Gold. I think they were some of them, as I can recall, but I am sure that there were concepts and currencies that were working at that time; however, they were not advanced, and of course, people didn't understand them.

But after the launch of Bitcoin, it cleared people's minds and made the crypto world easier to understand. Bitcoin advanced the system and started working on blockchain technology. So, Bitcoin does not just provide a concept; it makes the market easier to understand and advances the technology.

[JoyMarsha]

Bitcoin market is currently dumping.  Bitcoin is down from 61K last week to 57K this week.  Investors are very afraid of this market going bad.  Due to this, selling pressure is high.  There are many others who understand investing are investing now or they are taking risks.  If they can hold on to Bitcoin for a long time then they will do well in the future.  But none of us can say what the future of the Bitcoin market will be like?

None of us can indeed say what the future of bitcoin will be like, but not for it to get dump than we expected, never to exist again.

In this life, Bitcoin is far from dumping to $20k. What if it does in the future, there will still be thousands of investors who would like to invest in it, believing that bitcoin will give them huge profits in the future.

Investors are not very afraid when the market goes bad because they see that as an opportunity to buy additional bitcoin at a low price. Those who do feel bad, are mostly the newbies who focus on the short term profits of their bitcoin investment, not long term.

[pawel7777]

I'm hearing that the guy who predicted Trump's assassination attempt (including saying it will be unsuccessful and he'll get shot in the ear) is also predicting an unprecedented market crash including crypto.
It's all over guys. It was fun while it lasted. Time to wrap it up and go home.

[fillippone]

I'm hearing that the guy who predicted Trump's assassination attempt (including saying it will be unsuccessful and he'll get shot in the ear) is also predicting an unprecedented market crash including crypto.
It's all over guys. It was fun while it lasted. Time to wrap it up and go home.

Which guy are you talking about? I never heard of any prediction about this? Did he bet on polymarket?

[Ambatman]

Hello everyone OP is back.
So we have been breaking ATH for the past days
Is this trend ending soon or We blazing through next year with same momentum.

This thread needs more action if it wants to become the altcoinstalk.com equivalent of the WO.
a post per day won't suffice!

Yeah been quite busy so haven't paid most attention on ATT
But am back now and believe with the help of others
It can be a good copy.

[Ambatman]

We 80K!!!!!
How beautiful
First time Bitcoin is touching the 80K mark

[Madmax789]

Bitcoin's recent price surge has brought renewed interest in price speculation, with differing views on where the asset could be headed. The Bitcoin ETF landscape has gained momentum, with approval in the US raising hopes for more mainstream acceptance. Analysts suggest that if a spot bitcoin ETF were to be launched, it could significantly increase demand from traditional investors, driving prices upward. Past events, such as the introduction of futures ETFs, have shown that similar catalysts can positively impact bitcoin prices in the short term. The upcoming Bitcoin halving, expected around April 2024, is another key point of speculation. Bitcoin's declining issuance rate has historically led to halved price increases. For example, the previous half in 2016 and 2020 led to significant price increases in the following months. This time, some believe the market may be "priced" in half as much as before, with expectations potentially pushing prices even higher in the lead-up. With multiple factors at play, some analysts are optimistic that Bitcoin will potentially surpass all-time highs, while others are cautious due to regulatory and economic uncertainty. Ultimately, Bitcoin's future price movements will depend on how these bullish and bearish factors balance out.