26k mark finally breached - page 4. | Bitcointalksearch.org

JoyMarsha

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Quote from: DaNNy001 on March 14, 2023, 12:19:54 PM

Bitcoin finally climbs 26k and it's definitely looking more like a bullish trend now as many new investors were worried from it massive drop from its 25k to around 19k in the month of March. For me am definitely praying for the price to drop more so I can buy as much bitcoin as I can but the dip always scares some investors but I say the dip is a good sign for me make more from the market as buying low and hodling till the prices go up is definitely more yielding.

What's your pick on this. Will March bring more great feats or a massive dip will be experienced after this pump.

There is a strong likelihood that bitcoin will soon reach a price of $30k(before March end) if the current price gain momentum continues.

Don't actually pray for the price of bitcoin to fall any further than what you have already seen a few days back (below $21k); instead, invest if you can and engage in DCA in March because DCA will result in profits for investors.

OgNasty

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Feels a lot like the move to $30K is underway. The last time it barely broke resistance and came down quickly. This time it appears to have cut through the resistance and is holding the position. The longer we hold above $26K, the more likely it is that we shoot straight up to $30K. Bitcoin is running out of sellers so the market is going to have to convince some holders to cash out.

fadhilz123

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Quote from: Pujangga on March 17, 2023, 11:26:57 AM

Happy because the price of bitcoin continues to rise and is now at the level of $ 26k, of course we never thought that the price of $ 25k only happened in a few hours and the price could jump high from $ 21k to $ 26k, hopefully the price will continue to rise and in March it can reach $ 35k.

Today Bitcoin almost touched the $27K level and that is a very great thing for Bitcoin and its loyal holders at this time. Because if there is no serious correction happening in Bitcoin in the near future, I think Bitcoin could just go to the $30K level before March ends. But I am also really enjoying this price increase as I am still holding Bitcoin and have no thoughts of selling or releasing it anytime soon and hopefully this positive thing can continue this year.

dragonvslinux

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Quote from: Franctoshi on March 17, 2023, 11:16:36 AM

Quote from: Dave1 on March 17, 2023, 05:25:09 AM

The support will be $25k if $26k can't maintain that price. Right now we are just barely above that price, so we still don't know if bears are going to push for more, if there will be selling pressures around $26k-$27k if we reach that price.

So yes, this is still a roller coaster ride for us this month. Although historically, March is not good, but so far with how the price is moving, maybe this time it will be very different and maybe we can end in another positive and green candle.

As of today we are getting the longest weekly green candle since 12 months, As we have Bitcoin touched $27k a bit,

Actually the candle second week of January was longer at +22%, currently we're at +19% with a peak just below that. Also it's been more than 2 years since green candles like that, not just one. This is also why it seemed like the trend had already reversed back in January, because these >20% moves aren't typically seen in bear markets, apart from near the start of them like in 2018 after initial 50%+ drop.

If the early January break-out above resistance is anything to go by though, there could easily be another 10% move to the upside next week into $30K level. For me personally closing the week above $25K will more or less be the final confirmation that the low is in and the bear market is over. Whether we re-test $25K later on is a different story, but I think for many this is the final relevant level to break.

Quote from: Franctoshi on March 17, 2023, 11:16:36 AM

Secondly the inverse head & Shoulder weekly pattern has just got broken ,so everything is getting so bullish for Bitcoin in the weekly time frame which makes a whole lot of sense.

Best thing about this inverse head & shoulders pattern (or otherwise a rounding bottom) is the +50% target to the upside imo that could lead price to $36K. Most people are still expecting rejection from $30K, and while there will likely be some resistance initially, the reality is there could be none, like in 2019 when Bitcoin back-tested $6K support and smashed through it immediately.

livingfree

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Compare to the past years with the same month of March, IIRC, they're not really good times on the same month. But with what's happening now, it's confirming that it's testing new positive lines and that's why it had breached $27k just moments ago on some trackers.

We're all having the same happiness as bitcoin price is soaring and I guess the main factor on this push is because of the $300B that the FED had printed just recently.

News: Breaking: US Fed Prints $300 Billion, Bitcoin Price And Ethereum To Rally

Pujangga

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Happy because the price of bitcoin continues to rise and is now at the level of $ 26k, of course we never thought that the price of $ 25k only happened in a few hours and the price could jump high from $ 21k to $ 26k, hopefully the price will continue to rise and in March it can reach $ 35k.

Franctoshi

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Quote from: Dave1 on March 17, 2023, 05:25:09 AM

The support will be $25k if $26k can't maintain that price. Right now we are just barely above that price, so we still don't know if bears are going to push for more, if there will be selling pressures around $26k-$27k if we reach that price.

So yes, this is still a roller coaster ride for us this month. Although historically, March is not good, but so far with how the price is moving, maybe this time it will be very different and maybe we can end in another positive and green candle.

I guess so, it might be different from the other ones coupled with the current crisis going on in the traditional banking fiat system right now that got started in this month of march, more investors are now looking for a save heaven asset , so Gold and Bitcoin will benefit.

As of today we are getting the longest weekly green candle since 12 months, As we have Bitcoin touched $27k a bit, Secondly the inverse head & Shoulder weekly pattern has just got broken ,so everything is getting so bullish for Bitcoin in the weekly time frame which makes a whole lot of sense.

CoinEraser

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Quote from: Kemarit on March 17, 2023, 07:33:51 AM

At least though the biggest barrier now has been breach which is $25k, As to where the price will be in this latest mini bull run, we really don't know. The next stop should be probably in the $28,000 mark and after that the next round numbers which is $30,000.

Oh man, I was happy too soon. Shortly after my post, the price went down again and the 27k mark was not cracked. Well, so far at least, which can still change. Tongue

Quote from: Kemarit on March 17, 2023, 07:33:51 AM

The thing with this round numbers is that when it is broken, it's going to be an easy sail after that.

Yes, you are right about that.

Quote from: Kemarit on March 17, 2023, 07:33:51 AM

But as others said, no need to be excited, still very early this month, many things can happen and we can only hope that we will continue this rally up to $30,000 and see how it goes.

Anyway, I'm keeping my fingers crossed for $30k. But as you already wrote, there are still many days ahead of us and a lot can still happen before the end of the month. Either way, we shouldn't give up hope. Everything seems to be possible at the moment, i.e. $30k or $20k. Tongue

Kemarit

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Quote from: CoinEraser on March 17, 2023, 07:04:58 AM

Wow, the price changes are currently really violent in the last few days. It's constantly up and down and as it looks today, the 27k mark could easily be cracked. I wouldn't be surprised if it continues like this for the next few days. Surely we will experience another dip, but the possibility of reaching 30k this month seems to be there. So far, it doesn't look like a real bull run to me, but it doesn't look like a bear trap either, but more like a market recovery. I'm really excited to see how it goes over the next few days. Tongue

Source: https://coinmarketcap.com/

At least though the biggest barrier now has been breach which is $25k, As to where the price will be in this latest mini bull run, we really don't know. The next stop should be probably in the $28,000 mark and after that the next round numbers which is $30,000.

The thing with this round numbers is that when it is broken, it's going to be an easy sail after that.

But as others said, no need to be excited, still very early this month, many things can happen and we can only hope that we will continue this rally up to $30,000 and see how it goes.

CoinEraser

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Wow, the price changes are currently really violent in the last few days. It's constantly up and down and as it looks today, the 27k mark could easily be cracked. I wouldn't be surprised if it continues like this for the next few days. Surely we will experience another dip, but the possibility of reaching 30k this month seems to be there. So far, it doesn't look like a real bull run to me, but it doesn't look like a bear trap either, but more like a market recovery. I'm really excited to see how it goes over the next few days. Tongue

Source: https://coinmarketcap.com/

Cryptomiles1

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Quote from: indah rezqi on March 17, 2023, 04:03:53 AM

Quote from: Cryptomiles1 on March 17, 2023, 03:27:42 AM

This month shows to be a good month to begin a better movement which would definitely yield to a massive increase, reaching 26k will definitely create more columns for hit $30k plus within the ends of this month or possibly by first week of next month.

In fact $26k was broken in March although some doubted it. I personally tend not to believe that the bitcoin price could break through the $26k resistance in March due to the large amount of circulating FUD. But I was wrong, bitcoin managed to break through $26k instead and will probably continue its upward trend to break another resistance at $27k to $30k.

Quote

There is no need to regret or wishing the market to drop before you purchase more bitcoin, usually people don't like buying at dip because they are afraid if the market will definitely dump on them so for that reason they kept watching to know if it would show a bit bull signs so they quickly jumped into the market.

Try to consider buying dips and doing DCA, I think that strategy is much more profitable than you waiting for the bullrun. For today's prediction, $ 27.5k looks like it will be broken.

Yeah that is the best strategy to follow waiting for it to get dipper would definitely generates more tension why he couldn't utilized the little opportunity he had than waiting. Probably scalping will helps as well whenever the market get bit higher he sells and then wait for some percentage changes.

Dave1

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Quote from: irhact on March 17, 2023, 05:19:03 AM

Quote from: Franctoshi on March 17, 2023, 04:17:12 AM

Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

If we eventually reach the $30k price, a pull back is expected just as you have said but I don't think $25k will be the support. The support would be $26k since that's where we have the resistance at the moment and its taking Bitcoin a long time to cross. Even as Bitcoin just crossed the $26k mark it's finding it very difficult to stay above that price.

If Bitcoin successful stays above $26k then the next target should be reached before the months ends. March is turning out to be a very profitable month for Bitcoin this year and it's looking like we'll end the month on a positive Price.

The support will be $25k if $26k can't maintain that price. Right now we are just barely above that price, so we still don't know if bears are going to push for more, if there will be selling pressures around $26k-$27k if we reach that price.

So yes, this is still a roller coaster ride for us this month. Although historically, March is not good, but so far with how the price is moving, maybe this time it will be very different and maybe we can end in another positive and green candle.

irhact

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Quote from: Franctoshi on March 17, 2023, 04:17:12 AM

Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

If we eventually reach the $30k price, a pull back is expected just as you have said but I don't think $25k will be the support. The support would be $26k since that's where we have the resistance at the moment and its taking Bitcoin a long time to cross. Even as Bitcoin just crossed the $26k mark it's finding it very difficult to stay above that price.

If Bitcoin successful stays above $26k then the next target should be reached before the months ends. March is turning out to be a very profitable month for Bitcoin this year and it's looking like we'll end the month on a positive Price.

fzkto

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Quote from: Franctoshi on March 17, 2023, 04:17:12 AM

Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

I wouldn't be so quick to get excited and hope for a global reversal just yet. Of course it is good to see bitcoin rising and going back to 26k, but on the other hand you look at what is happening to banks and the financial system. Eventually this could also play a negative role on cryptocurrency. So it seems to me that it is not that simple now and it could be a big manipulation.

bitterguy28

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Quote from: DaNNy001 on March 14, 2023, 12:19:54 PM

Bitcoin finally climbs 26k and it's definitely looking more like a bullish trend now as many new investors were worried from it massive drop from its 25k to around 19k in the month of March. For me am definitely praying for the price to drop more so I can buy as much bitcoin as I can but the dip always scares some investors but I say the dip is a good sign for me make more from the market as buying low and hodling till the prices go up is definitely more yielding.

What's your pick on this. Will March bring more great feats or a massive dip will be experienced after this pump.

and finally ? it stayed at this 26k level and a perfect positioning for people like us who invested when the price is still below 20k https://coinmarketcap.com/currencies/bitcoin/ and now that we are at this high , I am expecting that we can see at least 30k in the coming days?
or at least in the 2nd quarter as we knew it will happen before the halving happens.

Yaunfitda

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Quote from: Franctoshi on March 17, 2023, 04:17:12 AM

Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

Yeah, I really like what we are seeing, and finally we overcome $25k and it seems we are going to maintain it. Now we are above $26k and so that will be the next resistance.

And we all know that if we can break that price this March, $28k will be next and it's going to be huge for us if that will be broken too.

In any case, bull takes control of the market and maybe it has to do with all the banks failing in the US and their government injecting those stimulus and so investors are hedging their wealth again to bitcoin.

Franctoshi

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Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

indah rezqi

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Quote from: Cryptomiles1 on March 17, 2023, 03:27:42 AM

This month shows to be a good month to begin a better movement which would definitely yield to a massive increase, reaching 26k will definitely create more columns for hit $30k plus within the ends of this month or possibly by first week of next month.

In fact $26k was broken in March although some doubted it. I personally tend not to believe that the bitcoin price could break through the $26k resistance in March due to the large amount of circulating FUD. But I was wrong, bitcoin managed to break through $26k instead and will probably continue its upward trend to break another resistance at $27k to $30k.

Quote

There is no need to regret or wishing the market to drop before you purchase more bitcoin, usually people don't like buying at dip because they are afraid if the market will definitely dump on them so for that reason they kept watching to know if it would show a bit bull signs so they quickly jumped into the market.

Try to consider buying dips and doing DCA, I think that strategy is much more profitable than you waiting for the bullrun. For today's prediction, $ 27.5k looks like it will be broken.

salad daging

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Bitcoin To The Moon 📈📈📈

Quote from: Cryptomiles1 on March 17, 2023, 03:27:42 AM

This month shows to be a good month to begin a better movement which would definitely yield to a massive increase, reaching 26k will definitely create more columns for hit $30k plus within the ends of this month or possibly by first week of next month.
There is no need to regret or wishing the market to drop before you purchase more bitcoin, usually people don't like buying at dip because they are afraid if the market will definitely dump on them so for that reason they kept watching to know if it would show a bit bull signs so they quickly jumped into the market.

It's like bitcoin now has no effect on several FUDs including several world-renowned banks that are about to go bankrupt, and bitcoin goes up a few percent with issues that indirectly mean they now have confidence in putting bitcoin because this is one of the safe assets that is held by themselves.

With this run up in March a sign that the slight uptick continues to fluctuate and some spikes are possible to $30k I feel it's pretty easy if this rally does happen to the forefront, after the previous wasn't strong enough to hold $25K then the next resistance would be $30K .

What is there to regret for those who still haven't bought it? They still have hope to start and this I say the price is still low the increase in bitcoin later will be far from now, once again the increase in bitcoin with you buying it still feels reasonable.

Cryptomiles1

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This month shows to be a good month to begin a better movement which would definitely yield to a massive increase, reaching 26k will definitely create more columns for hit $30k plus within the ends of this month or possibly by first week of next month.
There is no need to regret or wishing the market to drop before you purchase more bitcoin, usually people don't like buying at dip because they are afraid if the market will definitely dump on them so for that reason they kept watching to know if it would show a bit bull signs so they quickly jumped into the market.

Topic: 26k mark finally breached - page 4. (Read 819 times)