30k Bitch!!! - page 6. | Bitcointalksearch.org

philipma1957

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Quote from: OgNasty on April 11, 2023, 11:12:49 AM

I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

TravelMug

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Quote from: tread93 on April 10, 2023, 09:08:19 PM

Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!

Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!

Those are perma-bears, so I expect them to really go full retard with their bitcoin predictions, lol.

But yeah, we have jump to $30k++ because of the anticipation from the Feds that the rate hike at going to be minimal. So it's good news that's they the price suddenly took off from a dull $28k in the last 10 years to what we have right now. Maybe this bears will have to come up with another excuse to say that this is just temporary jump. But it's better to just ignore them, again, they are perma-bears or anti-bitcoin so just let them open their mouth. Grin

bitzizzix

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Quote from: OgNasty on April 11, 2023, 11:12:49 AM

I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

I was also surprised when I saw the bitcoin price reached 30k and this was also my friend who told me, and the last time I saw the bitcoin price tended to be above 27k I didn't see it anymore.
and the gradual increase in bitcoin that continues to occur makes bitcoin increasingly trusted by various groups, companies and others as a good asset to have.
and i think bitcoin price will stop near 31k level in the near future and there will be a healthy correction to continue the next level.

rhomelmabini

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Quote from: BenCodie on April 11, 2023, 09:11:52 AM

While it definitely makes sense seeing as Bitcoin was artificially hindered by the Terra and FTX debacles last year, it's unclear whether this is the big green candle or if it is a 2019-like run that will have its correction in the lead up to a later bull run.

That's what I am thinking about considering the run and I'm not doubting that scenario and let's see in the coming days on how it will play out. Furthermore, this is really a good start and yeah this indicates that the bulls are back. I'm thinking a mini alt season run but if Bitcoin starts to correct then alts will totally bleed back.

pixie85

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It was to be expected. I was one of the people who kept saying that bitcoin is undervalue sub 20 000 and that not buying it at 18 or 19 thousand is a waste, but people were so scared by FTX that doom and gloom mood prevailed for months.
That said, I'll be surprised if we go past 35 000. 28-35 looks like a range we could stay for a while. The mood isn't bullish enough to take us back to the 40s.

I have to find Gareth Soloway who kept repeating on Kitco and other channels for the last year that the bottom isn't in and that he's waiting for 10k to buy. He's going to need a pack of tissues.

Cryptomiles1

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I have been expecting the price to pull out since from last week seems there was no enough buying pressure making it to remain within the level of 27k to 28k for about somedays if not of 2 weeks there about. Today finally the stone was rolled off from its grave and we see +30k unstoppable, well let just watch and see because i know too well that we should be rejoicing for at least 70k to 100k if not of the past event and turbulence that drastically dropped down the price uncontrollably.

OgNasty

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I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

BenCodie

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While it definitely makes sense seeing as Bitcoin was artificially hindered by the Terra and FTX debacles last year, it's unclear whether this is the big green candle or if it is a 2019-like run that will have its correction in the lead up to a later bull run. The only factors that I can think about that would mean that this run is not the true one, is the stops that the U.S will put in place to artificially strengthen the dollar in the short-term, or resistance at 30-40k+ levels. Skeptical is definitely the right word for it, though I have a feeling deep down that the disbelief is not warranted and that the growth should be embraced due to its cause being directly in line with what Bitcoin is all about.

dragonvslinux

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Quote from: MiF on April 11, 2023, 12:31:12 AM

Quote from: tread93 on April 10, 2023, 09:08:19 PM

Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!

Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!

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.

The main irony I realise is that in 2021 and 2022 most remained bullish with Bitcoin above $30K, and that was an accurate statement until price broke below in May/June 2022. At least that's when it became clearer that the bull market was truly over. Whereas now with price breaking back above $30K the bullish sentiment isn't exactly universally accepted, in fact many bears remain sceptical despite the move.

Let's not forget that the initial Luna-based capitulation started around $29K, and price has since reclaimed this level. It just goes to show that while selling into capitulation can be a strategy in order to accumulate at lower levels, it's only ever been a good short-term strategy, rather than long term. No doubt most people who capitulated below $30K failed to re-accumulate at lower levels anyway.

Aside from the fact that $30K area was previous support for 18 months, the fact it was also the confirmation of a bear market when broken below could well mean it can act as a confirmation of a bull market with price back above and is therefore somewhat of a psychological level. There remains many similarities with the capitulation from $6K in 2018, and we all know what happened when price reclaimed $6K in 2019.

MiF

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Quote from: tread93 on April 10, 2023, 09:08:19 PM

Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!

Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!

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.

tread93

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Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!

Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!

Topic: 30k Bitch!!! - page 6. (Read 780 times)