Topic: 30k Bitch!!! - page 5. (Read 716 times)

It's nice to see +30k, but wouldn't be bothered either way, long-term is the name of the game here 

Focusing on our own goals by continuing to ignore FUD is a very good choice and there is no need to feel affected by it. Because the current market conditions in April are getting better even though everyone doesn't know when the next correction will occur, but from a glance that has been seen now Bitcoin continues to stay at $ 30K which indicates that Bitcoin will continue to improve with price recovery this month

We have to be careful at this time because it is possible that the price will decrease again this weekend and will make people panic and not calm in holding their bitcoins. But for people who have known bitcoin longer, it will not be because they can still survive any situation and even use that situation to their advantage. If your target sell price is still not reached and it is the next peak price, you should keep holding on to bitcoins even if it takes a long time. If you can do that, you can get big profits later.

We've been green since January already, so if there is time to check your portfolio, then it should be regularly. But yeah, it's been a long road for us to see $30k this long, so it's a bitter sweet to finally again witnessing $30k and it could go higher in the next couple of days.

So I guess that next resistance is $32k, for sure it's going to be difficult. But as long as we keep positive in this market, it will be just a matter of time. Let's wait and hopefully we will remain bullish for this month so that the green candle will continue.

Bitcoin price has returned to 30k after a long period of almost ten months. Bitcoin seems to have come back to life and the green candles are standing up so it's nice to visit the markets as the portfolio grows. In the past the invested assets got smaller but now the green candle and the bullran wallet have strengthened due to the increase in the number of green candles now. More markets will be better in the future because now the current time is close to a bull market.

The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.

It's just your feeling, you don't have any proof to prove it won't happen. If you are waiting for bitcoin to move higher, then be optimistic because investing requires optimism. Pessimism is not profitable for you. The market is unpredictable, as long as you always have a plan for your investment, it doesn't matter if bitcoin goes up or down, there is always a way to cope when the market drops.

I'm expecting the pullback to hit us anytime as soon as it breaks out of the $30k level and hits $31k or maybe even before that. Not a lot of people, including me, were expecting the price to hit $30k before the end of the second week of April, I personally thought that it will just stay stable at around $28k and might even drop a little from there.

I really wish that the price goes up to $35k from this point, but somewhere from the inside, I feel it isn't going to happen. I just wish and hope that the market proves me wrong and touches that milestone before the end of this month.

As far as I understand - though I'm not expert with these CPI or rate announcements - then the CPI numbers weren't that bad at all, better than expected:


In response, Bitcoin's price hasn't really moved (at least not yet) and remains around $30K, despite the news being considered bullish for the economy. While I think that negative US economy news can be good for Bitcoin, at the moment it doesn't seem all that related anymore as Bitcoin loses it's correlation to stock markets and begins to follow Gold. I don't think we need to bet on a weak US economy basically.

I'm also not convinced the US economy will get that much worse though. Generally we have seen improvement over inflation numbers in recent months, so it gives me the impression that if a recession was going to happen it would have started already. We've had the classic bankruptcies from major banks, followed by bank runs, similar to 2008, but this hasn't led to a domino effect or collapse as it were.

Even the stock markets generally have remained relatively stable since May last year, over 9 months now, generally moving sideways or with slight recoveries. It's not usual to see this much confidence in these economies for so long while there is the fear of an impending recession. Many also anticipated a recession would begin by Q1 this year, and so far these worst case scenarios have been avoided.

Eventually these announcements will be permanently terrible, meaning Bitcoin will be inversely effected to negative announcements about the US economy. Once the inversion completely sets in, it will almost always positively impact Bitcoin as the US economy continues to hit negative road bumps. Then eventually, the US Dollar will be so weak that the announcements will barely effect the volatility of Bitcoin.

It sucks to be an American with no Bitcoin right now...and it's only going to get worse.

I really hate how these CPI announcements made markets in general more volatile than usual. I'm always far less productive when I always think "I wonder what does the macro peeps on Twitter think about the next CPI?" I'm totally aware that it's not the best way of using my time, but it's just so interesting and mildly exciting lol.

The dollar has really lost value by about 12% against my local currency, which means it's really lost a great deal, but that's better for Bitcoin. I just woke up this morning to see Bitcoin trading above $30k1, it was unexpected to me and a good move. I hope it sees more movement as it has been able to hold strong above $30k since morning.

Yes, finally! Without the help of the popular billionaire, we can further as like this. $30k! I am more amazed because shit is happening left and right. FTX, more scams, and a lot of altcoins being advertised more than Bitcoin. I guess investors eyes are more open now. If they want a higher security asset then go Bitcoin, don't even think about risking it with an altcoin investment or an exchange ICO, or however they do offerings today.
Bitcoin doesn't even need someone to push it up using popular names, it will just fly to the moon as long as there are supporters. This is good.

In this year market I think we are experiencing positivity in the market of bitcoin so I believe that bitcoin price we are expecting bullish market to occur in 2024, but the way I'm seeing bitcoin I believe that bitcoin fall again after experiencing increment within this range, because I'm expecting bitcoin to do better for acceleration next year,  and since the existence of bitcoin it has not reached seventy thousand (70K) Before, but if it continues this drastic movement of additions of values in every month we step in, I believe that it might possibly reach to the previous point it was before it began to fall.

control.

This meme though is amazing hahahah. I hope we can get enough gas to shoot up to the 40s but 30k a coin holding steady for a while is fine by me. I think we can break past that especially with this widespread banking panic

I can't call USD to be dog shit, although the US government knows how to manipulate it, but USD still remain the world's strongest currency. It is better than most fiat which have more declination in price and value. If comparing bitcoin to dollar, I will choose bitcoin though, but we should still always not forget that bitcoin remain a speculative asset.

I too do not see any bullback for now, but we should not think that bullback may not happen at anytime, even if bitcoin got to over $40000, bullback is still possible and it can be very fast when it will begin. But I too is not expecting bullback for now and likely more bull market is possible.

It would be great if we could keep this trend going. Usually the early period is choppy. When we go from bear to bull there's still a lot of early birds who want to get some cash just in case this is a fakeout. I don't think it is, but market psychology can create some unpredictable panic moves, 2019 rally being a good example.

The longer we continue, the more people will change their attitudes. Probably if we went to 50k there wouldn't be any "it's a fakeout" guys left and we'd instantly test 60k. All those naysayers who were waiting for 10k bitcoin would finally go all in. Hey, if you can't buy cheap bitcoin, buy expensive one.

If it can do 30k it can go higher, there's no special volume at this level.  34k is my personal estimate for range top to present action, would be good to see it go the distance on this particular lap.  We will need to pullback at some point to consolidate and confirm basically.
   Schiff estimates BTC should be in the hundreds as it has and always will have some base level of interest.   By his own words he knows Dollar is falling apart at the seams, he never stops mentioning that yet he wont accept that BTC could be part of what appears in a modern world as some alternative to traditional FIAT.  He is lacking technology experience or vision of how many people engage with a world economy for some their only engagement with a wider world would be via a mobile device.   If they dont even read a newspaper but they do have access to BTC and ways to utilize this as a tool in their lives why presume gold is the only path.   Doesnt really add up to only believe in one thing.

I agree with you, we may need some high liquidity to stay above that price of $30k+ for a while and while we are at that, we should consider some events because that is what will help us to prepare ahead of the next leg of the market, as we wait for what the next move and the direction Bitcoin is going to take we may have some troubles with price consistency at this point since it took bitcoin a long while to get to its present price.

The whales will continue to accumulate more bitcoin as their journey along and wait for the next bitcoin market break out, while we expect price to  increase we should also expect some level of market pull back at some point, since we cant continue in an uptrend price movement without some form of pull back at some point so we should be prepared for that too.

This is good news for everyone, Bitcoin is visiting the much awaited territory.

If we consider that the bottom was at approximately 16K, we will now have achieved a rise of about 95% from the bottom point. This is an amazing rise in just a few months.

Once again Bitcoin proves its strength and that it is the most reliable coin and a safe store of value in the long term, of course we are still at the beginning and we are expected to see a continuation of the rise over the coming months.