26k mark finally breached - page 6. | Bitcointalksearch.org

OgNasty

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Quote from: ethereumhunter on March 15, 2023, 10:44:36 AM

I don't think investors need to worry about the dips because it is an opportunity to buy more bitcoins and many investors can use that moment to their advantage. They realize that they can buy bitcoin at any price but still wait for the price to decrease, reaching a low price, and then buy it.

We definitely want to buy when the price drops, but the price is not always what we want because the market will always change and we need to adapt. This March might give more hope as the price can return to $24k after waiting in the last month. But we also have to be careful because there is no guarantee that the price will stay at $24k. Meanwhile, the price can move anywhere.

I agree that long term investors should be buying now. Traders are in for some pain though. The market volatility is going to likely increase now that Bitcoin seems to be bucking the global trend of declining asset values. It’s going to be a battle to continue increasing in price, especially if global economic conditions continue to worsen. So far the performance has been impressive though.

ethereumhunter

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I don't think investors need to worry about the dips because it is an opportunity to buy more bitcoins and many investors can use that moment to their advantage. They realize that they can buy bitcoin at any price but still wait for the price to decrease, reaching a low price, and then buy it.

We definitely want to buy when the price drops, but the price is not always what we want because the market will always change and we need to adapt. This March might give more hope as the price can return to $24k after waiting in the last month. But we also have to be careful because there is no guarantee that the price will stay at $24k. Meanwhile, the price can move anywhere.

dragonvslinux

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Quote from: STT on March 14, 2023, 06:56:36 PM

Seems quite significant to me also, good confirmation above resistance hopefully support upto 30 or 34k one trader stated we have a free area of movement once breaking this restriction on us in this area.

We often see a failure to breakout resolve into weakness and selling, well this time its a failure to trade down and hold there which can also produce this move upwards I think is fair to say. We have to stabilize and confirm the move also imo, a spike up alone is less likely to last but hoping this will be the case.

Looks good to me also. Currently still holding around $24.3K which is previous high Weekly close from August last year as well as last month, but not sure it's going to hold in coming days personally. A pull-back towards $23K accumulation zone wouldn't be the worst thing right now, as long as price can hold the 50 WMA at $23.1K and turn this previous resistance into support. Still a few more days until the weekly close.

Either way a 30% pump within a few days was likely to face selling pressure at resistance, even if only in the short-term. Personally don't think there are many $25K sellers left in the market anymore.

Reid

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Then why didn't you buy while the price was lower? I don't why it's always like this, whenever it goes up, "I want it to go back to lower price." What the hell is the matter with us?
The chance was given and not because it goes to a pump mode, we wish for its drop again for selfish reasons. I hope it won't go back down. This should be the new bottom. Make those investors worry about when they will find their new entry point.
I congratulate those who are courageous enough to buy even at a stagnant market or a dump was happening.

Dave1

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Quote from: fzkto on March 15, 2023, 07:45:02 AM

Quote from: CoinEraser on March 14, 2023, 12:02:31 PM

Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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

I was very surprised that the price was able to break through the 25k mark so quickly. Last time it looked like 25k is a hard limit to break. Well, now we're scratching at 26k. It's kind of unbelievable how quickly prices have changed in the last few weeks. It is currently difficult to say whether the price can be maintained in the long term. I am and remain skeptical about the current price increase and hope it is not just a brief price flare-up that then quickly dries up.

This price hike is due to the unstable situation in the world. It is even strange, because of the crisis and the key rate hike all markets have fallen. Now that the collapse has reached the banking system, cryptocurrency is starting to feel good. Hopefully this trend will continue. But I have concerns that this could be a dead cat bounce, although we are above 25k and that is an important level.

It's that the US has started to pump their market, to help their economy and those banks that are in the brink of closing. And with that good news, people are starting to flock on the market again, hence a good pump in the last 48 hours to get the price to $26k++.

But it was just a short rally and as expected, when the price goes above $25k people are selling.

Most likely there could be manipulation or just investors are waiting for $25k to be their selling point.

fzkto

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Quote from: CoinEraser on March 14, 2023, 12:02:31 PM

Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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

I was very surprised that the price was able to break through the 25k mark so quickly. Last time it looked like 25k is a hard limit to break. Well, now we're scratching at 26k. It's kind of unbelievable how quickly prices have changed in the last few weeks. It is currently difficult to say whether the price can be maintained in the long term. I am and remain skeptical about the current price increase and hope it is not just a brief price flare-up that then quickly dries up.

This price hike is due to the unstable situation in the world. It is even strange, because of the crisis and the key rate hike all markets have fallen. Now that the collapse has reached the banking system, cryptocurrency is starting to feel good. Hopefully this trend will continue. But I have concerns that this could be a dead cat bounce, although we are above 25k and that is an important level.

btc_angela

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Quote from: pooya87 on March 14, 2023, 11:26:44 PM

There are still a lot of market manipulators who are desperately trying to prevent the price from rising and even though this part may sound like a conspiracy theory but I wouldn't be surprised to find out that there are state actors among them also.
But with the banking system in US slowly falling apart and specifically the US dollar getting weaker every day as more countries abandon it, the bitcoin price is bound to rise up. Seeing big surges can be around the corner soon too.

Or there could be market manipulators who wanted to push the price to $26k very hard to bring more money in the market and see how it goes.

So let's see, now the price is below $25k again, and hopefully the market manipulators will do their trick again to push it higher. But I guess, with the current situations in the US, maybe smart investors are going to put their money here, to hedge their wealth or even multiply it.

$25k first for our next breach again, just saying.

Ayers

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Quote from: Reatim on March 14, 2023, 10:27:38 PM

Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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.

yet the value remains the same and that is staying at 24k things that almost the same weeks ago when it broke the 25k and hoping it will go more bull but suddenly falls down to 19k again.
maybe this is the scenario we are going to see in the next couple of months , or maybe till halving?

I agree with you, this year is not a full recovery year for bitcoin, bitcoin will go up and down continuously, and that is good for short term investors. They can take advantage of buying low and selling high to make a profit. At the same time, it is beneficial for long-term investors who do not have too much money to invest once in bitcoin but can wait for bitcoin to adjust to a reasonable price to collect bitcoins. I also don't expect bitcoin to recover quickly, that would cost me the opportunity to accumulate low price bitcoins.

MarjorieZimmermanGinger

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Quote from: Oshosondy on March 15, 2023, 03:10:08 AM

That is one of the reasons that bitcoin is good, even people that think they are late can see price dump and invest too.

Bitcoin has proven this many times, so there is no reason to be late starting an investment, those who have started will surely continue to accumulate and those who have not should start investing immediately.

Quote from: Oshosondy on March 15, 2023, 03:10:08 AM

I am not expecting bitcoin price to increase more than $30000, even if it increased to such price.

I'm guessing you're one of the long term Holdings, is that correct? based on a cursory observation on your belief that you don't expect bitcoin to go up faster at $30,000 in price.

Quote from: Oshosondy on March 15, 2023, 03:10:08 AM

Very possible that bitcoin may reach $30000, but I still believe that bitcoin will fall back below $20000 again once more, this may even be in 2024 or this year. This is a guess though, with just little analyses.

There's no doubt that its fluctuating nature can bring prices up and down, but that's fine for some people holding long terms as well as those trading short terms. In conclusion, how to get profit, that is one of the reasons for the investment that we run.

Oshosondy

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Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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.

That is one of the reasons that bitcoin is good, even people that think they are late can see price dump and invest too.

Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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

I am not expecting bitcoin price to increase more than $30000, even if it increased to such price.

Quote from: OgNasty on March 14, 2023, 11:33:15 AM

I think Bitcoin hitting $30,000 by the end of the month is more likely than not. I also think we may never see below $20K again, but those are always famous last words.

Very possible that bitcoin may reach $30000, but I still believe that bitcoin will fall back below $20000 again once more, this may even be in 2024 or this year. This is a guess though, with just little analyses.

bitzizzix

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This is the beauty of bitcoin being increasingly trusted and also being the best choice for investment, all because of several factors that can affect the price of bitcoin. And the beauty of bitcoin is that many investors use it to sell when there is bullishness and take short-term profits after they buy cheaply, and there are also investors who continue to accumulate it with the long-term goal of getting bigger profits and, and this is the best method.
and all of that makes the price of bitcoin fluctuate which will give them an advantage with their aim and their strategy, and I mean this beauty of bitcoin is what continues to attract investors and institutions and various people to get involved in bitcoin.
and I believe the development and growth of bitcoin that continues to increase will make bitcoin strong and continue to rise in price and this is a good start for bitcoin prices to continue to rise to highest prices, and I believe the price of bitcoin will soon reach 30K in the near future and will continue to increase steadily gradually and will also continue to experience corrections and decreases, but in the end it will return to increase from the previous price.

Xcode7

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Quote from: CageMabok on March 15, 2023, 01:17:59 AM

Quote from: Scripture on March 14, 2023, 06:25:52 PM

Its about time, its good to see Bitcoin on this level again but let’s not get too excite as the price drops again maybe part of the profit taking of the whales but after this, I expect for the price to continue its uptrend. Bitcoin will be great this year, I’m very optimistic about this in preparation for the real bull run next year, doing DCA patiently and effectively.

What I'm still wondering now is why when you have experienced an increase in the price of Bitcoin, you just say it's good to see Bitcoin?
Even though the best and most appropriate to see Bitcoin is at a low price for those who want to buy it, but for those who want to sell it maybe when the price has reached $26K it is the most appropriate to sell it if you want short-term profits before buying back at a low price. Because for those who invest for the long term, I don't think it's necessary to always see how much the price of Bitcoin is in the market if he just bought it a few days ago.

everyone is waiting for a different price, someone wants to sell or buy Bitcoin so the increase that is happening at this time is only liked by people who have entered first.
what is happening right now is extraordinary, in 2 days the price of Bitcoin has jumped rapidly and of course this has made many parties think again about selling and returning to wait for a drop or keep holding and waiting for the price of $ 30k.
Everyone has different speculations but I think this year there have been a lot of positive trends in the price of Bitcoin and so it's very possible that it will continue.

CageMabok

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Quote from: Scripture on March 14, 2023, 06:25:52 PM

Its about time, its good to see Bitcoin on this level again but let’s not get too excite as the price drops again maybe part of the profit taking of the whales but after this, I expect for the price to continue its uptrend. Bitcoin will be great this year, I’m very optimistic about this in preparation for the real bull run next year, doing DCA patiently and effectively.

What I'm still wondering now is why when you have experienced an increase in the price of Bitcoin, you just say it's good to see Bitcoin?
Even though the best and most appropriate to see Bitcoin is at a low price for those who want to buy it, but for those who want to sell it maybe when the price has reached $26K it is the most appropriate to sell it if you want short-term profits before buying back at a low price. Because for those who invest for the long term, I don't think it's necessary to always see how much the price of Bitcoin is in the market if he just bought it a few days ago.

retreat

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I knew from the start it was a price trap, because it would be quite difficult for BTC to get above the psychological level and hold it for the next few weeks. But that doesn't rule out the possibility that BTC will break its psychological level, which is above 24k, only if there is no negative news, whether it's rising US interest rates, or deteriorating US economic conditions, or other negative news. Because it seems that the price of Bitcoin is still very much related to global economic news, especially the US.

crwth

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Many people have cashed out their holdings with the recent rise in price and taking advantage of it for the short-term needs that we all have. That's where human nature reflects in the current economy, which is happening and shows in the market. This definitely feels like the old times when it was shown to us that there would be a rise in price again and it could lead us to further heights.

Hopefully, once more we are at that top that we all want. I'm not sure if it could sustain that level, but I hope we do.

irhact

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Quote from: DaNNy001 on March 14, 2023, 11:19:54 AM

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.

A dip is always a good sign that the market is healthy as it offers you opportunity to buy, at the moment I don't think I join others in begging for more dip as even though it was to occur, I don't have spare cash to throw into the market anymore. I can only hope for a continuous growth in price from this point upward and seeing the market in green is great.

We shouldn't be over excited though about this pump as it could dump any moment at this point since we still have a long way to go before the year ends and Bitcoin halving is still months ahead and not happening anytime soon, this pumps has alot to do with Silicon Valley Bank collapse.

Don Pedro Dinero

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At the beginning of this month I thought the price was going to be flat this month, but with what has happened I would not be surprised if we hit $30,000. Bitcoin is very volatile and certain events like the recent ones can catapult it upwards. It remains to be seen, as news of a different nature can also send the price down fast as we have seen for over a year now. In the meantime, the best thing to do is to keep accumulating.

Oasisman

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Quite a big swings lately that's been happening and quite different than the swings we're experiencing from the last 6 months. A lot of people now are speculating a 30k resistance. Well, it's not really something that's not achievable this month or in the remaining months of the year, especially that we have seen quite a surprising pump just a couple of hours ago, but now Btc has cooled down to $24k. However, I may not going to expect something really big this year, not until the next halving.

pooya87

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There are still a lot of market manipulators who are desperately trying to prevent the price from rising and even though this part may sound like a conspiracy theory but I wouldn't be surprised to find out that there are state actors among them also.
But with the banking system in US slowly falling apart and specifically the US dollar getting weaker every day as more countries abandon it, the bitcoin price is bound to rise up. Seeing big surges can be around the corner soon too.

kotajikikox

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Quote from: STT on March 14, 2023, 06:56:36 PM

Seems quite significant to me also, good confirmation above resistance hopefully support upto 30 or 34k one trader stated we have a free area of movement once breaking this restriction on us in this area.

We often see a failure to breakout resolve into weakness and selling, well this time its a failure to trade down and hold there which can also produce this move upwards I think is fair to say. We have to stabilize and confirm the move also imo, a spike up alone is less likely to last but hoping this will be the case.

but what we can see is another failure mate? though i believe that we have broken the resistance but yet the value stays this low again.
isn't another trap? I hope not because it will sudden me for sure as i was expecting the climb at least before the 3rd quarter comes.
26k have been reached but only stays short time before the fall again at this 24k value.

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