Mastering Trading

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leo_cobraMember
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#1May 27, 2021, 08:39 AM
By the end of Q1 2025, I’m seeing Bitcoin hitting around $160k. If we look at the average gains for the first three months, Bitcoin could reach about $135,000. As long as it stays within this channel, it looks like we’re in for a solid, sustainable bull market. Feeling pretty bullish on Bitcoin.
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diamond1337Full Member
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#2May 27, 2021, 08:52 AM
I understand you’re bullish on Bitcoin, but could you share some technical analysis on why you think it would rise to that level? Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more? By the way, I’ve noticed a lot of experts have predictions similar to yours. Most of what I’ve read suggests a bullish trend this year, especially in the first quarter. If it happens, that would be great! But if it doesn’t, at least there’s still a good chance for a strong performance this year.
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mark_whaleSenior Member
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#3May 27, 2021, 12:44 PM
Based on the historical 4-year bull trends. One would say that the market is still bullish, with 2025 being the year Bitcoin tops the charts once again.  But one thing I noticed is that this recent bull run, things have been a little different. BTC smashing the all-time high last year and the entry of institutional players in to the crypto industry. I won't be surprised if things continue to be a little different from now on.
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its_foxSenior Member
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#4May 27, 2021, 02:20 PM
Theres gonna be changes but I can see how bullish you are. Thats pretty high, but I cant say it wont happened since before we are on 60k and some didnt expect btc to reach 100k but now he is just waving back and forth with that range. Are you referring this forum as channel on telegram? Probably thats what you meant by channel right.
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fox_byteHero Member
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#5May 30, 2021, 02:20 AM
Can you add more details about this channel i.e. how did you calculate the average of $135,000? The assumptions based on the rise of Bitcoin indicate that according to historical data, it may not be positive in January, which means that the average may be less than $135,000 even if we reach the $160,000 levels.
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ryancoinMember
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#6May 30, 2021, 05:55 AM
No matter how optimistic I am about the current market conditions, we still have to anticipate. Don't let us forget that price movements will be difficult to predict when the largest bitcoin holders are institutional. We are truly in a cycle that cannot follow the cycle like the previous 4 years. My assumption is that corrections will always come in unexpected ways. The channels the OP is talking about seem to be aimed at social media groups he is a member of which makes his argument unclear.
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coin_2013Member
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#7May 30, 2021, 11:40 PM
It seems you are interested in Bitcoin future and technical analysis. Most experts expect Bitcoin to trend upwards this year, especially in the first quarter. This could be based on the overall market sentiment, economic conditions, and investor confidence in Bitcoin. If your readings are correct and this trend continues, this could be a strong year for Bitcoin. By "channel" I assume you mean a chart pattern in technical analysis. In this chart pattern, the price fluctuates between two parallel lines (support and resistance). If the price rises above the upper boundary of this channel, it could be a bullish signal. If the price falls below the lower boundary, it is a bearish signal.
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anonSenior Member
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#8May 31, 2021, 03:16 AM
Channel is more like a double trendline that the market has been respecting for long without breaking. Op just went straight to his point because he expects everyone on this board to be familiar with those terms.. Bitcoin is still bullish. If you view it from a higher time frame like the monthly or weekly, you would see that price is stuck on a bullish zone more like consolidating and I don't think it will be breaking down too soon. Though from what I seen now, we might drop below the $90k mark by next week but it won't last long.
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madninjaMember
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#9May 31, 2021, 05:34 AM
Well I also think so, OP directly said the gist of what he wanted to convey, so he didn't give a more detailed explanation just the outline. Yes, maybe that will happen and bitcoin will experience a correction, I wouldn't even be surprised when bitcoin returns to near 80k. However, this is just speculation from the analysis carried out. However, in the end bitcoin will go back up and it might not take long to be able to touch the price that we have been discussing, namely bitcoin could touch 150k.
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jake.seedFull Member
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#10May 31, 2021, 08:28 AM
Everyone is still bullish on the current state of bitcoin and no one is anticipating for a big fall in the market now. Going to as far as $135K can be said by anyone base on what they feel and think of the market, but sometimes without a technical explanation to it, it will just be a mere speculation like any other person can speculate about the market. The market will make its own moves and we just have to know that it supersedes that of every other persons speculation. We just have to wait and see the next direction of the market, we only can keep speculating until we see the market direction in the anticipated time OP is projecting the price to be.
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#11May 31, 2021, 01:35 PM
Yes, while there is a correction which made it look a bit lower, it is not going to be easy for newbies to realize what kind of correction it is, because they may think that we are dealing with a lowering of the price, that's just how it is, but the reality is that we are going to benefit from the current situation and if we can do this then we are going to benefit with the way things are going without a doubt. There isn't really a way it will continue to go down, we will keep going up, the veterans of the market are aware of this. Other than these, I believe there could be more chances for continuation of bullish trend into 2026 as well. Who know? We may have ATH every year here after. Because, when bitcoin finds continuous buyers from government to corporates, I am sure bears must take a long break.
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HyperGweiSenior Member
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#12May 31, 2021, 06:08 PM
Quite a lot of us are also bullish about bitcoin, but i prefer to take a conservative approach, i do not like churning out numbers just like that, the same way people who call themselves "experts" do. I don't quite understand the "channel" you are talking about that, that said, we all want a "healthy" bull market and i think we should see bitcoin at $160k before or at the peak of the current cycle.
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D4rkFalconSenior Member
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#13May 31, 2021, 09:40 PM
Trade Mastery??? I believe you talk about speculation here but why not right haha First of all I do believe that bitcoin could reach 150K but on stage 2, bitcoin always has 2 stage. The first stage is to try to break their previous all-time high and then some dip will occur and a boom stage 2 come and created their fresh All time high. For now, most of people is wait and see for the trump with bitcoin after he become the president
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ericnovaSenior Member
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#14May 31, 2021, 11:03 PM
Such an analysis and the forecast that follows from it reminds me of how in 2017 John McAfee predicted a Bitcoin price of $1 million by 2020. Like you, he didn't provide any evidence, but if that doesn't happen, he promised on Twitter to eat his dick - https://x.com/officialmcafee/status/935900326007328768 As a result, we did not see a million for BTC, and McAfee has already died.
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laser404Member
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#15Jun 2, 2021, 08:14 PM
Bitcoin bull market is sure more especially when the market will pump within a little period of time, the figures sound unreal perhaps if this price happens to be real everyone anticipating the bull will be happy to witness this unique price range. Personally I’m not believing any prediction till I witness one but, the most popular prediction currently is $120k and on what chance will bitcoin hit $120k surpassing an ATH definitely the chances are very high besides the year just started.
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coin_foxMember
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#16Jun 2, 2021, 09:16 PM
Although I am still quite optimistic about Bitcoin, the price range is still a bit too high to expect in the near future for Bitcoin, which I personally still believe in Bitcoin but I am more hopeful for a price of $110K to $120K only if the time period is very-very close to now. Because for a price increase of that size, we all certainly have to see the level of volatility of buyers in the market which is much greater than in previous months so that the increase can be much smoother without any collapse in the price of Bitcoin itself.
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greg.guruFull Member
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#17Jun 3, 2021, 12:13 AM
I don't think it would be the thing to make the push - the decision about the reserves, on the other hand.. It may do the magic in the people's heads.
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DarkR0ck3tFull Member
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#18Jun 3, 2021, 05:29 AM
It’s easier to point out a price or even amount of returns within bitcoin. The problem is we find it hard to justify our predictions so that others will also come to get the same point of yours. That’s the problem OP, at least we need to provide a clear analysis first and foremost. One thing I’ve come to understand, as long as there are positive factors that will continue to push bitcoin to move upward, bitcoin will remain on its bullish trend. For now, the major factors focus on Trump. If that brings success, bitcoin will stay bullish throughout the whole year. If not the whole year, at least bitcoin experience being bullish within this year.
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jake2011Full Member
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#19Jun 3, 2021, 12:56 PM
Positivity about Bitcoin is pumping him for long time, and we are heading for another big boost after touching magical figure of $100K now next stop is surely going to be another huge success because world understanding better and jumping for use of this which could be give them good profit. For me best thing is now we have nothing related it's going to be dead which is the most important thing happen because in early one decade we have many predictions about his death but now big change with when it's going to touch another milestone figure of $250K in future Trump could be sourced to have this, or we have to be something else it's interesting. Now all analysis are going it's going to be good in 2025 but what will be figured it's not sure hopefully all will be positive and good for this community and related peoples.
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pixel_whaleFull Member
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#20Jun 3, 2021, 06:30 PM
It is very difficult to ensure a prediction is true, so we consider that a speculation, no matter how great in predicting a Bitcoin trade or movement that is able to predict the time with a guarantee that it will really happen. OP indeed should provide an technical or fundamental picture that can encourage that to happen, if only talking optimism so I think I'm also optimistic. Hopefully Trump really provides an opportunity for Bitcoin to be adopted in the US so that the Bullish level is even crazy in the future.
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