Quote from: SamReomo on Today at 08:02:42 AM

Quote from: Fivestar4everMVP on Today at 07:54:55 AM

Quote from: babygun on October 24, 2023, 08:51:11 PM

Quote from: dwyane36 on October 24, 2023, 01:24:50 PM

Quote from: babygun on October 23, 2023, 05:08:35 PM

~Snip~

~Snip~

~Snip~

Yeah, absolutely right, nothing is for sure, and this is why we are advised to at all times, only invest what we can afford to lose, right now, i think the price of bitcoin is stuck between $34,200 and $33,500.
Personally, i feel that there is a major resistance at $34,500 and a major support at $33,500, if bitcoin is able to break through $34,500 once again like it did before, then there is a high possibility that the up surge will continue and we may see $40,000 sooner than we expect, but if the price can't hold up and drops below $33,500, then we may see the price drop to $32,000 back or even lower.

You're right the price of Bitcoin is still between $33,500 to $34,200 but I think that I will go to upwards price levels from now. It's always better to know your investments and when you can't afford some amount to lose then you should never invest that amount into anything. Bitcoin is seeing a good growth this week and if the growth continues then surely we'll see Bitcoin at $40k levels within days not weeks.

But, some people believe that the price uptake was due to FUD only and may revert back if investors get any fear. However, I'm positive that Bitcoin won't go below $30k again and if it's above $30k then we're in safe zone and we'll see further upward movements.

When I woke up to the beginning of this week I saw the price moving I immediately remembered the best October ever we had just 2 years ago when we had the maximum so far all time high price for the Bitcoin.I started dreaming a bit that maybe the next bull run is much earlier than end of 2025 but I think I should get back on earth as most likely the price will continue to drop now as there is no real event that Bitcoin price to reach a new all time high so fast,so most probably it will be in this range,just above 30k I think it will stabilize there.