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Topic: 30k Bitch!!! (Read 709 times)

hero member
Activity: 2632
Merit: 833
July 08, 2023, 03:29:19 AM
It is looking like $30K might be in jeopardy here due to the unexpected strength in the latest jobs report. A lot of negative news seems to be counteracting the recent ETF rally. It seems to me like the government is trying to align things so the ETF approvals will soak up the mtgox coins in an effort to smooth out the highs and lows of the Bitcoin market. We’ll see how the end of the year goes I guess.

In short they are trying to jeopardized what we have been enjoying for now. Hopefully though, investors are really that smart not to get affected by this news specially the Mt. Gox because admit it or not, it has been haunting us for years and years now and yet it is still has some effect to us.

I think it's better to look for short term effect, at least at the end of the year and see how the price will be.

It could be better way off around at $40k-$50k.
full member
Activity: 812
Merit: 210
July 06, 2023, 11:48:22 AM
It is looking like $30K might be in jeopardy here due to the unexpected strength in the latest jobs report. A lot of negative news seems to be counteracting the recent ETF rally. It seems to me like the government is trying to align things so the ETF approvals will soak up the mtgox coins in an effort to smooth out the highs and lows of the Bitcoin market. We’ll see how the end of the year goes I guess.
I think bad news from America will have a short-term impact on bitcoin, just like the rest of the markets. This has happened many times before. Now the price has fallen below 30k again, but I am sure that today or tomorrow or over the weekend it will be higher again. On the contrary, it is good that volatility is back in the market, it means that people are interested in cryptocurrencies.
If you look at what has happened throughout the year, this is indeed the case, there have been many corrections but everything will recover and the price has always been holding for a long time around the price of 30k.
Despite the negative press, I don't think the issue will have much effect anymore, we've seen a lot of those issues throughout the year but Bitcoin prices tend to last longer on positive prices than corrections have occurred.
sr. member
Activity: 2254
Merit: 439
Cashback 15%
July 06, 2023, 10:45:54 AM
It is looking like $30K might be in jeopardy here due to the unexpected strength in the latest jobs report. A lot of negative news seems to be counteracting the recent ETF rally. It seems to me like the government is trying to align things so the ETF approvals will soak up the mtgox coins in an effort to smooth out the highs and lows of the Bitcoin market. We’ll see how the end of the year goes I guess.
I think bad news from America will have a short-term impact on bitcoin, just like the rest of the markets. This has happened many times before. Now the price has fallen below 30k again, but I am sure that today or tomorrow or over the weekend it will be higher again. On the contrary, it is good that volatility is back in the market, it means that people are interested in cryptocurrencies.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
July 06, 2023, 10:36:19 AM
It is looking like $30K might be in jeopardy here due to the unexpected strength in the latest jobs report. A lot of negative news seems to be counteracting the recent ETF rally. It seems to me like the government is trying to align things so the ETF approvals will soak up the mtgox coins in an effort to smooth out the highs and lows of the Bitcoin market. We’ll see how the end of the year goes I guess.
sr. member
Activity: 1666
Merit: 453
July 06, 2023, 04:30:15 AM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.

Since we all know it will go up soon I don't see any problem about spending more time on 30's. It gives us an opportunity to accumulate more Bitcoin.
When we consider mining cost I don't see BTC below 30k for long, it would be absurd to expect lower prices. Seems like we already have a new floor price now.

That is true, more opportunity to buy at this price, and since this is the biggest test for us and now that we are having a hard time breaking it, for some it's really a issue and it seems that they are not that patience to wait for the price to increase and not take this opportunity.

This is just a test for all of us, and just like bitcoin, we need to be very resilient as well. Because when the time comes that the price has been broken and we made a jump, then maybe we can all get back and says that we should have accumulate when the price is still cheap at $30k.

I agree with what you said, it is really possible that our patience may have been tested on whether we will be firm or remain in our belief in Bitcoin. That's why what others said is correct if you don't want to be affected by the news that comes out in the crypto space, it's really good that you only do long-term holdings.

You yourself will give a timeframe for when you will hold the bitcoin, will it be 2-3 years and when it reaches 3 years will you sell it, because of the belief that after 3 years it is possible that it will be more than 100k$ each or more this for sure, because no passing year has decreased its value at present,.
hero member
Activity: 798
Merit: 546
July 06, 2023, 04:09:42 AM
There are two scenarios I'm currently watching out to play in the short term for BTC.
One is the upside scenario where if Bitcoin stays above $31k and gets a weekly closure above this level, it is a precursor that Bitcoin may have a quick run up and establish a new price level towards $35k-$40k before the market takes another breath.

The second scenario is, if Bitcoin fails in its second attempt to break above $31k and eventually breaks or closes weekly below $29k, there is a high chance we will go test $27k-$26k where we broke out from in the coming weeks.
hero member
Activity: 1344
Merit: 540
July 05, 2023, 09:29:16 PM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.

Since we all know it will go up soon I don't see any problem about spending more time on 30's. It gives us an opportunity to accumulate more Bitcoin.
When we consider mining cost I don't see BTC below 30k for long, it would be absurd to expect lower prices. Seems like we already have a new floor price now.

That is true, more opportunity to buy at this price, and since this is the biggest test for us and now that we are having a hard time breaking it, for some it's really a issue and it seems that they are not that patience to wait for the price to increase and not take this opportunity.

This is just a test for all of us, and just like bitcoin, we need to be very resilient as well. Because when the time comes that the price has been broken and we made a jump, then maybe we can all get back and says that we should have accumulate when the price is still cheap at $30k.
EFS
staff
Activity: 3696
Merit: 2065
Crypto Swap Exchange
July 05, 2023, 07:33:12 PM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.

Since we all know it will go up soon I don't see any problem about spending more time on 30's. It gives us an opportunity to accumulate more Bitcoin.
When we consider mining cost I don't see BTC below 30k for long, it would be absurd to expect lower prices. Seems like we already have a new floor price now.
sr. member
Activity: 2436
Merit: 324
July 05, 2023, 06:17:58 PM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.
I think the price above $30K has only lasted for more than two weeks so there is no stablecoin price because currently, bitcoin is still trying to return to the next resistance, I say this will be more of a sideways movement and is still strong enough for the support point below it so that the price continues to hold.
Altcoin is really messed up? I don't see that, precisely when bitcoin is recovering altcoins will follow more of its movements but I think some altcoins still cannot recover properly.
I think bitcoin will pass $30K this month, we will see for the next movement.
This is where situation really hard to predict on whats next. We've been able not to move out or breaking that 31k price ceiling on which on the time that it did raise up on that point, which i did have an impression that

this might be it on the time we would be seeing 35-40k but it seems we would really be needing for more weeks or months on seeing these numbers. We do able to test out this resistance for how many times but turns out that it do really failed out on having that breakout. As of this moment then we are really that playing on this level and sitting and moving sideways which there's no fundamentals around and basing on technicals
we are really that having sideways but there are some upcoming bullish sentiment which it might happen but well this market is truly that unpredictable.

Positioning yourself into the bottom is hard because there are ones who are expecting for 27-28k price.
hero member
Activity: 1498
Merit: 785
July 05, 2023, 04:59:51 PM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.
I think the price above $30K has only lasted for more than two weeks so there is no stablecoin price because currently, bitcoin is still trying to return to the next resistance, I say this will be more of a sideways movement and is still strong enough for the support point below it so that the price continues to hold.
Altcoin is really messed up? I don't see that, precisely when bitcoin is recovering altcoins will follow more of its movements but I think some altcoins still cannot recover properly.
I think bitcoin will pass $30K this month, we will see for the next movement.
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
July 05, 2023, 02:43:37 PM
Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.
rby
hero member
Activity: 742
Merit: 611
Brotherhood is love
July 05, 2023, 01:45:08 PM
30k Bitch!!!
I fell in love with this tittle. It made me remember the drama that surrounded the movement of bitcoin to 30k. Many people actually lost faith in bitcoin but old timers know how bitcoin behaves. If I anyone cannot account for bitcoin, I will wholeheartedly do that. Bitcoin is the reason I left altcoin shits. While many projects failed, bitcoin had stood tall and indisputable.

yeah bitcoin is now 30k$ and i think it is the most awaited bull season, the comeback of the bull season from year 2021 let see what is the net movement and we also need to stay calm and be careful because we still don't know if it is still a bull run or a bull trap after this 30k$ price the next stop will be 35k$ and if it reach 35k$ then i conclude that bull run begin.
Bitcoin has managed to touch $31k but it did not dwell there for much. There is a strong resistance preventing bitcoin to hit 35k. My concern now is not bitcoin hitting 35k or above. My wish is that the 30k support be strong enough to prevent bitcoin price landing to 25k again.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
July 05, 2023, 08:56:20 AM
#99
I know this is an old thread but I see it’s been bumped. Here we are once again at 30k, remarkable really. Would be really good if we could leave 30k once & for all, pumping into the 40000 area again. I’d even take a pump to 35k. I guess we must have patience, bitcoin always acts like this & just when people get bored, then sell or convert to alts, BOOM breakout. Patience is key, we are due an upwards surge.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
July 05, 2023, 04:58:26 AM
#98

Yeah! Bitcoin has indeed reached $ 30k so some of the targets of traders have been achieved,
but remember $ 30k is the beginning of our bullish journey, if we sell at $ 30k then you will waste the opportunity to earn more profit,
so my advice is better to hold Bitcoin you, but if you want to sell it maybe 20% of the total you have.

We were able to get over the $30k hump, unfortunately, it didn't last though, it reaches $31k when the news of refilling about the Bitcoin Spot ETF and I though it's going to continue towards $35k.

But at least though, now $30k became the support now, not the resistance level. So for now I will take that as a positive sign. So the support like is $25k, $28k and now $30k.

Plenty of months to break $31k, so let's remain positive.

Having a positive attitude is essential when investing in a volatile and unpredictable asset like bitcoin. But we should also not be too optimistic and become subjective with the market, which will most likely pay a heavy price. $30k has become more support than resistance, but the market hasn't had any good news big enough to make bitcoin move out of support. So I would remain cautious rather than overly aggressive with what is happening right now, $30k could still be broken at any moment.
hero member
Activity: 2632
Merit: 833
July 05, 2023, 04:36:11 AM
#97

Yeah! Bitcoin has indeed reached $ 30k so some of the targets of traders have been achieved,
but remember $ 30k is the beginning of our bullish journey, if we sell at $ 30k then you will waste the opportunity to earn more profit,
so my advice is better to hold Bitcoin you, but if you want to sell it maybe 20% of the total you have.

We were able to get over the $30k hump, unfortunately, it didn't last though, it reaches $31k when the news of refilling about the Bitcoin Spot ETF and I though it's going to continue towards $35k.

But at least though, now $30k became the support now, not the resistance level. So for now I will take that as a positive sign. So the support like is $25k, $28k and now $30k.

Plenty of months to break $31k, so let's remain positive.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
July 04, 2023, 04:12:02 PM
#96
Yeah! Bitcoin has indeed reached $ 30k so some of the targets of traders have been achieved,
but remember $ 30k is the beginning of our bullish journey, if we sell at $ 30k then you will waste the opportunity to earn more profit,
so my advice is better to hold Bitcoin you, but if you want to sell it maybe 20% of the total you have.

been months that we haven't seen this level so i can understand that some are enthusiastic about the recent performance of bitcoin.
more then likely, a lot will try to get some hoping that they can get their profits very soon.  but should  have conservative estimates as you may find yourself in tight position if in case you need cash and you need to sell some when the market is down.
full member
Activity: 1568
Merit: 100
COMBONetwork
July 01, 2023, 12:19:46 PM
#95

Yeah! Bitcoin has indeed reached $ 30k so some of the targets of traders have been achieved,
but remember $ 30k is the beginning of our bullish journey, if we sell at $ 30k then you will waste the opportunity to earn more profit,
so my advice is better to hold Bitcoin you, but if you want to sell it maybe 20% of the total you have.
legendary
Activity: 2576
Merit: 1655
July 01, 2023, 10:01:58 AM
#94
^^ We did break $31k as I was watching it. The funny thing is once, we break the price, it even didn't sustain the run, it was jut like $31k in 5 minutes and suddenly the price goes down to $30k'ish and I though that we might see a decline to $29k.

But as we all know, $30k is a big support so it hover around this price, $30,200 and I think still very strong support line. Nevertheless, it's really funny to see the price hitting $31k just for a brief moment, all sell orders is at the $31k and it easily got liquidated.
This is why the OP thinks that the $30k price of bitcoin is a bitch (lols) because it likes to bring bitcoin back to that price whenever she wants to get above $30k.

Bitcoin's $30k resistance price does not want to relinquish control so bitcoin may easily reach a higher price. For too long, the price of bitcoin has been $30k. By next month, I hope to see bitcoin go to other higher prices and maintain the price for a long. 

Yeah, but I guess sooner or later we are going to break that big $30k though, not just right now as it remains as the resistance. But the positive thing is that the price is $30,500 at the start of the month. So we can think that it could be a good sign that we might see July being a good month and be breaking that $30k for good and then remain our position.

So we will see, no price is hard to break for us specially if there is good news. Just like you I will remain very positive that the $30k resistance price is going to be broken the 3rd time, and we will maintain that price for a long time or even jump to the next price level of $40k.
sr. member
Activity: 812
Merit: 349
June 30, 2023, 07:01:49 PM
#93
^^ We did break $31k as I was watching it. The funny thing is once, we break the price, it even didn't sustain the run, it was jut like $31k in 5 minutes and suddenly the price goes down to $30k'ish and I though that we might see a decline to $29k.

But as we all know, $30k is a big support so it hover around this price, $30,200 and I think still very strong support line. Nevertheless, it's really funny to see the price hitting $31k just for a brief moment, all sell orders is at the $31k and it easily got liquidated.
This is why the OP thinks that the $30k price of bitcoin is a bitch (lols) because it likes to bring bitcoin back to that price whenever she wants to get above $30k.

Bitcoin's $30k resistance price does not want to relinquish control so bitcoin may easily reach a higher price. For too long, the price of bitcoin has been $30k. By next month, I hope to see bitcoin go to other higher prices and maintain the price for a long. 
legendary
Activity: 2576
Merit: 1655
June 30, 2023, 10:18:21 AM
#92
^^ We did break $31k as I was watching it. The funny thing is once, we break the price, it even didn't sustain the run, it was jut like $31k in 5 minutes and suddenly the price goes down to $30k'ish and I though that we might see a decline to $29k.

But as we all know, $30k is a big support so it hover around this price, $30,200 and I think still very strong support line. Nevertheless, it's really funny to see the price hitting $31k just for a brief moment, all sell orders is at the $31k and it easily got liquidated.
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