Topic: Bitcoin $40000 resistance - page 3. (Read 668 times)
It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.
I too hope that the market will start to rise again soon, but only after bitcoin finishes its correction and accumulation. There are more uses for cryptocurrencies now than ever before, especially in the unstable situation in Ukraine and Russia, when there are a huge number of sanctions and bans on the use of different currencies. It's a good time to get into the cryptocurrency.
Most sentiment are on your side as well but if the world was still watching the Ukraine-Russia war and other countries paying the prize with hike on oils, I think the crypto market was someway affected for that. Though I just say for the short term. The EO passed recently and and signed by Biden was a way too to sanction Russia but further than that there's some good chance they are for innovation but I'd expect more regulations coming because of this. Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.
I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.
Possible that the next bull run, we might see the price hitting 6 digits because that's what we wanted to see last year in December. But it wasn't meant to be, after hitting ATH in November we witnessed a downturn, but it you look at previous ATH's it is followed by a bear market and this is it right now. Nevertheless, above $40k price is still very good entry point for the majority and wait till the next bull run in 2024 to make a lot of profits if the price hits $100k or more.
look at the Bitcoin halving in 2020, the price of Bitcoin has risen to over $50000, and is currently experiencing a correction,
and that's a natural thing, I also agree resistance is at $40000, hopefully Bitcoin can break $40000 and head to $65000 before 2024.
Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.
I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.
Possible that the next bull run, we might see the price hitting 6 digits because that's what we wanted to see last year in December. But it wasn't meant to be, after hitting ATH in November we witnessed a downturn, but it you look at previous ATH's it is followed by a bear market and this is it right now. Nevertheless, above $40k price is still very good entry point for the majority and wait till the next bull run in 2024 to make a lot of profits if the price hits $100k or more.
Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.
I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.
These are uncertain times. I personally consider these uncertain times the best of time to buy Bitcoin.
What I am thinking is that so far bitcoin price can fall 5 times of its original price or more after previous three halving, if $69000 is the ATH, it makes me to think it is still possible bitcoin will fall below $30000 and a time when it may fall to almost $20000. I may not be rcorrect but just what I analysed.What has the reward halving got to do with the possibility that the price will fall down below $30,000 or near $20,000? We are still in March of 2022. The last halving took place in May of 2020 and the next one will happen on block 840,000 which will probably be in the early part of 2024. So in other words we are in the middle of the last halving and the next halving. So why should the next halving influence its price in the next weeks and months? I think there are stronger influences surrounding the price right now than the reward halving.
I can read and understand properly. But if you can't write properly, how could you expect others to understand you properly? I was responding to the wrong sense of your response to my post because you are blabbering. I'm sorry I didn't get what you meant by your post. Now I know what you tried to say.
But perhaps you need to learn to stay in context. I was saying the circumstances of the times which are full of uncertainty are reasons for me to buy Bitcoin. My point was that the more uncertain the world appears to be, the better to stay with Bitcoin. But then you quoted my post while giving an out of context reply.
Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.
Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.
Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.
IF you are on the same side though. Its not always the same side, you can be right at one time or another, but you could also hit the otherside as well. Which is the period where you hate manipulation. And that is fine, it is human nature, you could be on the same side of manipulation and make a lot of money thanks to it and love manipulation, or you could caught off guard and be other opposite side and lose a lot of money and hate it. This is not really that weird, we are all humans, we are flawed, and liking something because it benefits us, or hating it because it hurts us is totally normal, we don't really need to be objective at all times.
Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.
Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.
Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.
IF you are on the same side though. Its not always the same side, you can be right at one time or another, but you could also hit the otherside as well. Which is the period where you hate manipulation. And that is fine, it is human nature, you could be on the same side of manipulation and make a lot of money thanks to it and love manipulation, or you could caught off guard and be other opposite side and lose a lot of money and hate it. This is not really that weird, we are all humans, we are flawed, and liking something because it benefits us, or hating it because it hurts us is totally normal, we don't really need to be objective at all times.
Hopefully, they can still be patient in waiting for the price to go up again and can use this time to buy and increase the number of bitcoins. The market has provided an opportunity to buy and sell but many people are too late to buy and sell.
Even though it looks like it's being manipulated, we can get a nice advantage if we can use that moment. Now is a good time to buy and hold because there is a possibility that the price will go up again. Maybe we'll see prices going up and down more often so that's our chance to make the most of it.
Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.Even though it looks like it's being manipulated, we can get a nice advantage if we can use that moment. Now is a good time to buy and hold because there is a possibility that the price will go up again. Maybe we'll see prices going up and down more often so that's our chance to make the most of it.
Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.
I too hope that the market will start to rise again soon, but only after bitcoin finishes its correction and accumulation. There are more uses for cryptocurrencies now than ever before, especially in the unstable situation in Ukraine and Russia, when there are a huge number of sanctions and bans on the use of different currencies. It's a good time to get into the cryptocurrency.
As I mentioned in 2021, if the market has not yet made people happy, let time help them get there.
Opportunities will come and go for no one if they don't take advantage of them. We invest and profit with the market, so price volatility is nothing to worry about.
DCA certain coins over the long run, I'm always happy to sell them after a while.
Hopefully, they can still be patient in waiting for the price to go up again and can use this time to buy and increase the number of bitcoins. The market has provided an opportunity to buy and sell but many people are too late to buy and sell.Opportunities will come and go for no one if they don't take advantage of them. We invest and profit with the market, so price volatility is nothing to worry about.
DCA certain coins over the long run, I'm always happy to sell them after a while.
Even though it looks like it's being manipulated, we can get a nice advantage if we can use that moment. Now is a good time to buy and hold because there is a possibility that the price will go up again. Maybe we'll see prices going up and down more often so that's our chance to make the most of it.
Not that it looks manipulated but this market is actually prone to manipulation. Up to us if how can we react to this but most people only react verbally while others are taking action, makes the manipulation in favour to them.
These are uncertain times. I personally consider these uncertain times the best of time to buy Bitcoin.
What I am thinking is that so far bitcoin price can fall 5 times of its original price or more after previous three halving, if $69000 is the ATH, it makes me to think it is still possible bitcoin will fall below $30000 and a time when it may fall to almost $20000. I may not be rcorrect but just what I analysed.What has the reward halving got to do with the possibility that the price will fall down below $30,000 or near $20,000? We are still in March of 2022. The last halving took place in May of 2020 and the next one will happen on block 840,000 which will probably be in the early part of 2024. So in other words we are in the middle of the last halving and the next halving. So why should the next halving influence its price in the next weeks and months? I think there are stronger influences surrounding the price right now than the reward halving.
Not happy to wait 3-5 years when the prices of products inflate particularly the gasoline price.
It's the altcoins like Luna and Waves that are having a bull run though. I don't think a lot of us are really going to dive into that market in full because it started shooting up. The majority of the traders are going for BTC.
Flash spikes and dumps happening very quickly, it's almost obvious that it is manipulated so if you are in the futures market, you probably will lose quickly.
Opportunities will come and go for no one if they don't take advantage of them. We invest and profit with the market, so price volatility is nothing to worry about.
DCA certain coins over the long run, I'm always happy to sell them after a while.
Lately the markets are very difficult to trade. Especially since the invasion. I think it reached the point where you are better off guessing which way the markets will go.
When the invasion started, crypto and stocks all crashed however it was only the futures. When the NYSE actually opened, it ended up being a very bullish day. And the following day also. And then it started to go down also on no different news.
I think liquidity is drying up and best to wait for the break of support or resistance before we make any more moves.
When the invasion started, crypto and stocks all crashed however it was only the futures. When the NYSE actually opened, it ended up being a very bullish day. And the following day also. And then it started to go down also on no different news.
I think liquidity is drying up and best to wait for the break of support or resistance before we make any more moves.
These are uncertain times. I personally consider these uncertain times the best of time to buy Bitcoin.
What I am thinking is that so far bitcoin price can fall 5 times of its original price or more after previous three halving, if $69000 is the ATH, it makes me to think it is still possible bitcoin will fall below $30000 and a time when it may fall to almost $20000. I may not be rcorrect but just what I analysed.What has the reward halving got to do with the possibility that the price will fall down below $30,000 or near $20,000? We are still in March of 2022. The last halving took place in May of 2020 and the next one will happen on block 840,000 which will probably be in the early part of 2024. So in other words we are in the middle of the last halving and the next halving. So why should the next halving influence its price in the next weeks and months? I think there are stronger influences surrounding the price right now than the reward halving.
After the good news from Dubai and USA with regards to legalizing Bitcoin, I believe the price will soon break that resistance volume in $40k. The recent tension between Russia and other countries open an opportunity for Bitcoin to take over the market, though it is still down for now but this good news are really big, good money will come into this market again and the price will start to recover.
keep holding if you still have bitcoin in your wallet mate, because market is gradually gaining strength on this current situation despite of fluctuation. And there are already some respected key levels in the support using higher time frame which means a positive sign that there will be possibility bitcoin will bounce back in the near future, So be patient.
However if you want to buy more bitcoin , i suggest wait for more results or confirmation and never buy against the trend because it can cause losses afterwards especially when there's a fluctuation. So always remember to follow the trend when it comes buying to assure the results will be fine.
What do you think the trend is right now?However if you want to buy more bitcoin , i suggest wait for more results or confirmation and never buy against the trend because it can cause losses afterwards especially when there's a fluctuation. So always remember to follow the trend when it comes buying to assure the results will be fine.
I see that we are now in a local uptrend with frequent corrections, we cannot get above 40k. Buying volumes are starting to emerge. But if we look at the global picture, we have been falling with bounces since November 2021. So it is not quite clear at what levels you are suggesting to buy.
Whenever the price gets stuck between failing to go up to a stage and failing to go under a stage, and just keeps getting stuck. What happens is a big fall at first, and then a big increase later on. So, I am guessing if it were to be under 35k somehow in the next days of march, and then be like 45k+ or so in April, I would not be shocked.
The recent market volatility can be stressful for you. Personally, I find it exhausting to see so many people asking about the future of the bull market 
We have had a happy 2021 with the market, so it would be too greedy to expect the market to rise as much as we want to get assets , let's relax about everything happy and sad happening in the future. The short term will end soon, then we only have gloom , I'm still optimistic 3, 5, 10 years from now...
We have had a happy 2021 with the market, so it would be too greedy to expect the market to rise as much as we want to get assets , let's relax about everything happy and sad happening in the future. The short term will end soon, then we only have gloom , I'm still optimistic 3, 5, 10 years from now...Not happy to wait 3-5 years when the prices of products inflate particularly the gasoline price.
It's the altcoins like Luna and Waves that are having a bull run though. I don't think a lot of us are really going to dive into that market in full because it started shooting up. The majority of the traders are going for BTC.
Flash spikes and dumps happening very quickly, it's almost obvious that it is manipulated so if you are in the futures market, you probably will lose quickly.
The recent market volatility can be stressful for you. Personally, I find it exhausting to see so many people asking about the future of the bull market We have had a happy 2021 with the market, so it would be too greedy to expect the market to rise as much as we want to get assets , let's relax about everything happy and sad happening in the future. The short term will end soon, then we only have gloom , I'm still optimistic 3, 5, 10 years from now...
We have had a happy 2021 with the market, so it would be too greedy to expect the market to rise as much as we want to get assets , let's relax about everything happy and sad happening in the future. The short term will end soon, then we only have gloom , I'm still optimistic 3, 5, 10 years from now... 
What are you people suggesting, is this time to buy bitcoin or a time to just to have sold and wait for another bull market
However if you want to buy more bitcoin , i suggest wait for more results or confirmation and never buy against the trend because it can cause losses afterwards especially when there's a fluctuation. So always remember to follow the trend when it comes buying to assure the results will be fine.
I see that we are now in a local uptrend with frequent corrections, we cannot get above 40k. Buying volumes are starting to emerge. But if we look at the global picture, we have been falling with bounces since November 2021. So it is not quite clear at what levels you are suggesting to buy.
Actually we did get above $40,000, the thing is that it is not sustainable in the short term. And we know that if the price didn't sustain it's run, it's like catching a falling knife and that's what happen right now.
The November 2021 all time high is one for the books already. And it will take another 2-3 years before we can finally see another all time high. For me the trend is really bearish, IHMO.
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