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Author Topic: A Deep or Correction?  (Read 6921 times)

Offline pawel7777

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Re: A Deep or Correction?
« Reply #30 on: December 28, 2024, 06:24:19 PM »
For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.

Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.

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Re: A Deep or Correction?
« Reply #30 on: December 28, 2024, 06:24:19 PM »

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Offline Crypto Library

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Re: A Deep or Correction?
« Reply #31 on: December 28, 2024, 11:06:56 PM »
I think it's a big combination of factors

1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.

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Re: A Deep or Correction?
« Reply #31 on: December 28, 2024, 11:06:56 PM »

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Offline vegasus

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Re: A Deep or Correction?
« Reply #32 on: December 28, 2024, 11:10:26 PM »
For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.

Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.

Online Dr.Bitcoin_Strange

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Re: A Deep or Correction?
« Reply #33 on: December 29, 2024, 09:20:00 AM »
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.

well there's no say what Bitcoin has in mind for investors next year, and i don't blame investors for being too optimistic about Bitcoin price going as high as $180k or above, i even heard someone speculating that next year Bitcoin price would exceed $200k and would be the last person to argue this because Bitcoin has the potential to achieve it. many are saying that we will be expecting another surge in the first quarters of next year as soon as Donald Trump is sworn in, but as we already know, this is only but a speculation and things could at anytime take a different turn.

Online yhiaali3

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Re: A Deep or Correction?
« Reply #34 on: December 29, 2024, 05:46:44 PM »
For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.

Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.
Yes thanks for the advice, actually although I am optimistic about Bitcoin reaching $180K this cycle but I actually work with a profit taking strategy at varying price levels.

As you mentioned if a trader sets a high target and then sits waiting he may miss the opportunity, so I followed a strategy of selling 50% at 100K and I will sell 25% at 120-150 and the last quarter I will leave it for the last target, this way you do not regret missing the opportunity and  benefit from all the rises if they happen.

Offline armanda90

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Re: A Deep or Correction?
« Reply #35 on: December 29, 2024, 07:14:49 PM »
Yes thanks for the advice, actually although I am optimistic about Bitcoin reaching $180K this cycle but I actually work with a profit taking strategy at varying price levels.

As you mentioned if a trader sets a high target and then sits waiting he may miss the opportunity, so I followed a strategy of selling 50% at 100K and I will sell 25% at 120-150 and the last quarter I will leave it for the last target, this way you do not regret missing the opportunity and  benefit from all the rises if they happen.
Its my favorite strategies not only when selling but also when buying bitcoin or altcoin, always priority for selling around 50% of my assets at $100k then around 30% more higher and left of 20% get higher than my two sell order. The same ways when buying any coin or bitcoin always spending around 40% for price around $100k then set up lower around few percent to buy left 40% then left my capital set up more lower price before.
I think its very effective when price going up still have two sell order and the same when buying coins after first order filled and price going dump have other left order buy with lower price.

Offline vegasus

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Re: A Deep or Correction?
« Reply #36 on: December 29, 2024, 10:26:51 PM »
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.

well there's no say what Bitcoin has in mind for investors next year, and i don't blame investors for being too optimistic about Bitcoin price going as high as $180k or above, i even heard someone speculating that next year Bitcoin price would exceed $200k and would be the last person to argue this because Bitcoin has the potential to achieve it. many are saying that we will be expecting another surge in the first quarters of next year as soon as Donald Trump is sworn in, but as we already know, this is only but a speculation and things could at anytime take a different turn.
Right, everything is speculation, it could be right, it could be wrong, or close. Therefore, we ourselves determine how our own targets are, based on considerations from various sides. as long as we can get profits at a certain rate and that is enough, yes take profits. if for example there is no problem with taking profits and want to wait until the highest rate, yes that is each person's choice. What is certain is that we should not regret what we have decided and done, whatever the results.

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Re: A Deep or Correction?
« Reply #36 on: December 29, 2024, 10:26:51 PM »


Offline milewilda

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Re: A Deep or Correction?
« Reply #37 on: December 30, 2024, 12:16:19 PM »
For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.

Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Speaking about speculation then numbers will really be that totally different to each other because we do have that different approach when it comes to prices on which there are those people who are that too optimistic and there are ones who are just that going with the flow and there are ones who are that negative. Numbers will really be that different and as an investor then it will really be that just depending on you on how you will be able to go with the flow in speaking about price movements on which this is something that very random and very speculative on which its really that hard to predict on where it will be going.

Offline UNIVERSE

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Re: A Deep or Correction?
« Reply #38 on: January 01, 2025, 11:39:30 PM »
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.


Offline BitMaxz

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Re: A Deep or Correction?
« Reply #39 on: January 01, 2025, 11:54:54 PM »
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
In the daily chart, Bitcoin is still in the bull season there might be a possibility it could hit the new ATH but the possibilities are based on the historical data This is the critical year for Bitcoin, and we are expecting to see more drop in price or expecting to see bearish season.
For now, lets wait to see for Trump what he will do to crypto this end of this month if there's a bit of improvement we might able to see a new ATH this first q1.
« Last Edit: January 02, 2025, 12:10:24 AM by BitMaxz »
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Offline rdluffy

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Re: A Deep or Correction?
« Reply #40 on: January 02, 2025, 02:50:59 PM »
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.

If we consider BTC's cycles and you believe that history repeats itself, 2025 will still be a bullish year, only to be in a bear market again in 2026
Obviously, these years will be highly volatile with the possibility of major falls

The question is, with the entry of many companies, many ETFs and hodlers, could history be different this time?
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Offline kulkhan

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Re: A Deep or Correction?
« Reply #41 on: January 02, 2025, 07:48:57 PM »
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
In the daily chart, Bitcoin is still in the bull season there might be a possibility it could hit the new ATH but the possibilities are based on the historical data This is the critical year for Bitcoin, and we are expecting to see more drop in price or expecting to see bearish season.
For now, lets wait to see for Trump what he will do to crypto this end of this month if there's a bit of improvement we might able to see a new ATH this first q1.
Yes i also think it is correction not big deep. We are seeing now Bitcoin price gradually increasing. I think in this month of this New 2025 Bitcoin price will cross previous ATH.

I think within short time bitcoin price will hit $120k. And in this year Bitcoin price will hit minimum $150k. And i believe bull session sitll running and in this session we will saw big pump which will big pump for bitcoin history.
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Offline Crypto Library

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Re: A Deep or Correction?
« Reply #42 on: January 02, 2025, 09:30:06 PM »
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.

Offline jeraldskie11

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Re: A Deep or Correction?
« Reply #43 on: January 04, 2025, 05:13:09 PM »
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.
I think there is really nothing to worry about. Because negativity like that is not new to us. A lot of people have always wondered if the alt season would ever come, but the alt season happened. But to me, this is a normal effect when someone is kept waiting. So we need to have full confidence so that we can wait, because there are good news ahead that we can be sure is good for crypto just like the announcement that Trump is set to begin as a President this January 20. That's just one of the Fundamentals that has a big impact on crypto. So it is highly possible that the alt season will happen.

Offline SmartGold01

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Re: A Deep or Correction?
« Reply #44 on: January 05, 2025, 09:13:35 PM »
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.
You could be right as anything is possible and likely to happened and who know if we won't have altcoin season this bull run Lol. As we know things are changing and we should also accept the changes as well.
Just as well hit new ATH even before the bitcoin halving this is to show that anything is possible.

 

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