Quote from: Sayeds56 on January 14, 2023, 06:56:38 AM

Quote from: S A KHAIR on January 14, 2023, 05:53:45 AM

Quote from: Sayeds56 on January 14, 2023, 12:46:47 AM

Quote from: 8rch7 on January 13, 2023, 08:07:45 PM

Quote from: Sayeds56 on January 13, 2023, 01:58:06 PM

Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months.

Do you know about details day or time about CPI report released? I think have bigger impact after this announcing make Bitcoin drop or pump drastically. Can't predictable about Bitcoin will go up or down due CPI report have good news actually with interest rate increase up and down possibility to make Bitcoin price can't stable.

Quote from: ShowOff on January 13, 2023, 07:18:56 PM

There is a great opportunity for me to make more than 10 bitcoin throughout 2015

Around this years seems easy how to earn Bitcoin due market give us benefit and can earn more than 40% investment profit with Bitcoin. Hope around 2023 above we can earn stable income with Bitcoin and not facing problem having more than 1 Bitcoin.

The CPI report was released on last Thursday, dated, January 12th-2023, which was very positive for the market as inflation is consistently coming down. The details are given in the attached link:

Bitcoin has made two consecutive green candles on weekly chart & also broke psychological barrier of 20K. Its current price is around $21,200. It seems that eventually bulls have taken control of market. If the current bullish trend continues, it is likely to hit 25K by the end of January-23.

https://www.investing.com/economic-calendar/

Lower CPI is a positive signal for the market but not big enough for bitcoin to skyrocket like now, inflation is down but still very high so don't think that's the reason bitcoin spiked to $21k. Bitcoin can rise for no reason because it is a market that is not too dependent on supply and demand and is manipulated.

It is true that lower CPI is not a single reason behind the jump in Bitcoin price of around $2K, which came as surprise for all of us, but I think it was overdue as Bitcoin was in consolidation phase since many months. Some market participants interpreted this sudden rally as bull trap, but technically speaking Bitcoin is now trading above 200 DMA which is a good sign, now it should make few green candles on day chart & stay above 19,500 to confirm bullish trend.

I don't believe in indicators or technical analysis, if people can analyze the price trading above 200 DMA, which is a good signal, then why can no one predict bitcoin's up or down before? Why wait for bitcoin to go up to $21k and start giving analysis and say it's positive? As I said, the market is being manipulated by rich tycoons who can manipulate prices to their will. So enjoy when prices rise and prepare to buy when prices fall.