Topic: Bitcoin $40000 resistance (Read 660 times)

That is true, but maybe when you get the experienced, seen the up and down, bulls and bear market, for sure you will know now to take aback regarding your predictions. So I believed that there are still a bull that became conservative in a bear market.

And then goes back to their huge prediction when the market turns into bullish because they know that the price could go "X" growth.

Trying to remain objective and to not let your own feelings to cloud your judgment is one of the hardest things that a human can do as we tend to see positively our own actions, so if we are invested in bitcoin then it makes sense that we believe the price will go up in value, but it is important to try to diminish this tendency as much as possible, because if we cannot do that then this will seriously hinder our ability to take the right decision at the right time, something indispensable for a trader.

I have seen them price over $44k for a brief moment, it's been a long time since we touch this price, so it's very interesting what will be the movement since we topple it already (although it goes down again to $43,900).

I agree with the buy low, sell high principle, this is the most widely used trading strategy for any market. The only problem is that it's hard to time bitcoin, we don't know if we have reach the floor price. So it's better to just do dollar cost average specially if you are just an average investor or just side aside money month for investment.

They need to do that because that is the only way to retain their service and people won't use them anymore if they provide wrong predictions. People still use them and don't complain anymore because they already know that it's impossible to predict anything accurately but it's easy to predict shorter term outcomes than the longer term because the gaps are quite close enough or in other words they predict more realistically.

For the price of btc, it finally became stable over 40k and I have a sense that it will now go upwards more than downwards. Buying is fine this way but if you will stick on buy low sell high principles, you can wait for a more bigger dip.

We are all aware of that the price of Bitcoin would go down or face a correction after it has reached an all time high price. Over the years, if you are to follow the chart history of Bitcoin price, this is how it has always been happening: the prize would reach a new all time high, and then it would face a correction that would make it to go down to a lower price again.

And after some years it should also go for another bull run, and that is usually around four to five years. So after the last all time high price we have seen now, we should also be looking forward to a major increase to take place within a few years from now.  So, it is really nothing to be much worried about, because if you should hold for a long term,you’re very sure that you would make profit.

That's actually what happened for bitcoin, when supply and demand or demand and spending are not balanced, then bitcoin's volatility will decrease against the cycle, thus forcing the market to be unhealthy, because the market cannot possibly be chaotic, if no one influences, for now and in the future anything can happen for bitcoin, whether it stays in the 40k position or falls lower in price.

but in the long run, I don't think bitcoin is a problem, because the correction process will make bitcoin even better, it could even reach its highest ATH

just following the community and investing without knowing trading knowledge,
will certainly be frustrating and create FOMO by spreading the word about prices and other things,

yes that is good, but if FOMO continues it will cause bubbles, like 2017, my advice is to leave Bitcoin prices fly by themselves,
surely the whales will also not let Bitcoin prices fall at low prices again

I can only speculate that those who are confident of their predictions are heavily on the bitcoin side, meaning they have invested so much money that they want to predict it that it will be bullish so that their money will continue to grow. But when the market shows bearish, then continue to preach otherwise, for obvious reasons that they have some narrative behind, so they are biased on their predictions and analyst.

it is not Unbalanced demand and expenditures mate instead that is Supply and demand , meaning this is how circulation happens and the volatility take effect , and also this indicates How healthy the market is and how Bitcoin is being used in daily basis.

So what if Bitcoin will maintain that 40k position? so what if the price will fall below that even?

the important thing here is that Bitcoin is still in process of making ATH in the long run, no matter how difficult the situation still Bitcoin managed to make climb each time.

Who are those? We even know that analysts are either correct or wrong. There has been time analysts would say the market will be bullish but bearish will be the market. Even analysts will always give conditions which will be confusing as they will say if the price decreases to a point, it will be bearish, but if it increases to a point, it will be bullish.

It is not predictable in short term but we all know it is bullish in long term. I heard of bitcoin consolidating and later I read of ethereum that it is also consolidating too, the price of bitcoin rise from $38000 to $43500, but I still think all these are just going to end in bull trap, the market is likely to be bearish soon again.

the demand for it will continue to exist at any time, but the opportunity for now really depends on how bitcoin reacts going forward, the resistance point now is not the end of bitcoin's journey going forward, because I believe bitcoin will reach its normal point in 6 months and above, so for now only The problem of correction that does not make bitcoin is at a normal point, we must study how bitcoin travels in 2021, so that a comparison will come out this year

What happens is that even if good analyses can be found about the market and about what it could do during the short term this is similar to what we see with the weather forecast, when you see the forecast it is announced the day will be sunny, but then if something happens all of the sudden the forecast needs to change as well, so while decent predictions can be found they are at the end speculation based on the data that is known at the time, which is bound to change depending on what the market does after the prediction is made, which is why anyone which declares they know what will exactly happen in the market beforehand is simply lying or exaggerating the accuracy of their system and the predictions it can produce.

Not totally full of shit but there are people who are really that confident with their analysis thats why they do really make out some claims on something they are really very sure to happen.
The price is been moving sideways on 40k+ or sub price point which it is really hard to determine on where it would really be going thats what makes this market is totally unpredictable
or totally random thats why making out some buying and selling decisions is really hard as fuck.

Nobody can give you accurate information because simply nobody knows and if they claim otherwise they're probably full of shit

The market is hard to predict these days with everything else going in the world i think the best thing is to step away and wait for the dust to settle.

As of right now the bitcoin price is getting closer to 42k, however we have seen something similar happening during the past weeks so we need to be very careful as the price could always go down without any warning, I really hope the price of bitcoin could stay above the 40k level for good this time around, but it is doubtful this is going to happen as not much has changed and the economic conditions are adverse to any kind of significant growth for bitcoin during the next weeks.

I can see your point, we don't want a sudden spike in the price because what follows is an ugly downward spiral. What we wanted to see is the price going around in the middle right now, sort of the market doesn't know where to go. Because it could be beneficial in the long run as it could make a break out run that will favor us. Besides this year is very early, a lot of good or even bad things can happen around that can affect the price in either direction. As you touch base the retailers, yes, they are the most important factors as to where the price will go, not the whales or institutions.

     The reason for saying 34-39k is me wanting to cover longer duration of the movement and to lighten the burden of feeling too late. Because if I were to give it straight it would guve him that feeling I just mentioned. Also, I was considering the  current situation of the market. Which is quite bullish, but most buyers in ky opinion are retailers. Regardless, I do not think we'd be going below 37k anymore unless some major macro economic problems happen.

It didn't increased to $47k as far as I can remember, it went from $60k-$40k levels in matter of months and then continue to slide down to around mid $30k. And there is no big FUD, except war that might have affected the price and yet the price remains stable to the $40k that we are right now. Investors might be reluctant or just playing along different market including altcoin in which they can earn huge profits as well. Nevertheless, bitcoin will remain above all altcoin because it will remain as the prime mover.

actually in early 2022, bitcoin had made an increase and had reached $47K+, but in the end it didn't last long and immediately experienced a correction.
actually bitcoin is currently in a stable situation with prices ranging from $33K+ - $47K+, and it looks like it's just waiting for the right situation to increase again. so the opportunity to reach $50K could happen in the next few days if FUD doesn't keep popping up and big investors want to refrain from letting go of their deposits.

Isn't best to invest at least in 30-35k instead of 39k ? because bitcoin price drops multiple times already at that range ? if you are going to buy on that level as bitcoin continues to increase up to 42k then that wound be a 10% profit sooner?

but yes that barricade couldn't stay long if we will manage to invest and keep the holding instead of using bitcoin as short term or day trading.

Bitcoin have consistently resisted the below $40,000 and this has continued for the past few days if the price can go above the 45k Bitcoin price there will be the possibility of a new all-time high moving on to 50k and even 70k before the end of 2022 as we saw Bitcoin making such bull move in the last quarter of 2021, well if am to give my general opinion I will suggest we keep holding Bitcoin as against other coins in the market.

This does happen whenever we need cash. This is why people say that "do not invest with money that you can't afford to lose" for a reason, but at the same time life throws things at you that you will never be able to see beforehand. I have sold my coins before as well, 2 times at near the top price so I am lucky, but one when it was down as well. So, we should not really be expecting life to be at a linear line where we can save money, put it on crypto, and never need it.

Sometimes life happens and you need to cash it out. Whenever you cash out, there is always a chance of it going up right after you sell it, and also a chance it could drop right back down as well.

Much harder to guess especially the long and short are at an equal position and they both seem to hold on to what they believe in. My take on the current movement in the market is just observe, see if there are more factors that might affect the market even more, for better or for worse.

So it seems that the resistance phase of bitcoin is at 40k usd right now, it is hard to guess if the price will go up or down in the next few weeks. Today the market looks good as the bitcoin price has risen a bit and got +5% since last week. I think the volatility will be between 35-45k usd in the next 2-3 months, but later in the summer we will see an increase in the price of btc up to 60k or even more.

The initial price of 2022 although far below the new ATH 2021 ago but in my opinion it was more stable, but the potential to skyrocket would always be great because in early March the price of Bitcoin rose more than 13% in a day, and in my option to continue to rise and more stable Great and I'm sure March will touch $ 50k.

     If you are talking about spot buying them that's fine you just have to DCA. Although the best buys were at 34k-39k now still a good chance. It depends entirely on the type of investor you are. If you are the type to hild for 6 months and above, then good. But if you are more of a short term holder, better wait for big movements. I suggest mid summer. Not a financial advice though. Just sharing my plans. Although I do leverage as well, I stay on low time frames at the moment since the markets is currently too sensitive to the macros and news.

I think it's more of bitcoin corrected itself having reach a new all time high last year. But I would say that there is still the demand for it, maybe it's just the investors are reluctant that's why we have face big resistance since the start of the year. However, getting above $40k again without any positive news is a good indication that we can still be bouncing around that range for quite some time before we can retest $50k again.

If we are in the bear market, then chances are the price will continue it's downward path as we have seen in the past. The only hope for us is that the price drop is not going to be huge and quick, as we have seen as the price is slowly going up again to $40,000.

Nevertheless, April historically is not a good month so I will advise everyone to brace themselves because if history repeats itself again, then we could see the price below $40,000, IMHO.

As a result of unbalanced demand and expenditure, so that bitcoin occurs up and down at a certain price, coupled with other cases that are currently happening make bitcoin corrected until now, so far bitcoin has not shown a correction at the lowest price, this resistance is likely to occur in a certain time, which is caused by events that can affect bitcoin's plunge at its lowest price, but on the other hand this pattern is a new stage of achieving ATH, where in previous years we saw it like that, anything can happen to bitcoin, a volatile market is difficult for us to predict

The price of bitcoin was dropped from ATH to $50000 because of correction which is a bear market, the drop to $40000 is a bear market also but can still be said to be correct as well, it depends on what happen next if bitcoin will still drop to $30000 or below $30000 before bull run starts again.

I do not exactly know what will happen in recent time, I do not know of the price if bitcoin price will increase or decrease, I do not know if the price will drop below $30000 which is very possible. My speculation is just based on long term that if someone hold bitcoin now, there will be a time bitcoin price will reach six digits. But in short time, I do not know what exactly will happen.

That is a clear reason of not breaking the barricade and not just 40k mate, because Bitcoin crossed 41k today but sadly drops back to 39k, and the saddest part is I have sold some of My bitcoin yesterday because i Badly needed cash not knowing that it will increase by 7% just after 8hours of my selling time lol.

so lets see how this will cross 45k again to show how we can break 50k once again this year.

if there is any chance that we will make it then surely the 60k is possible once again this year.

in fact, in terms of speculation, it is very difficult to give accurate results. it's just that, personally, this might be a good time to buy bitcoins. the reason is, as you said, after the bitcoin price hit $69k, the bitcoin price dropped down, and is at its current price. however, $40k is the price of resistance now. however, I think the potential right now is huge for bitcoin to hit the $45k minimum price again. however, the drop in bitcoin price from $69k to $50k was due to a correction, and the drop in bitcoin price from $50k to its current price was due to a bear market. Currently, there is not enough good news from bitcoin to see its price rise again. but the fact is, the current development of bitcoin in the real world is really growing fast, I even wonder why bitcoin hasn't gone up to its current $50k price. well, i believe that bitcoin price could go up again, so personally, buying at this time is a pretty good thing.

Another source of information, based on research and price analysis conducted by the cointelegraph team on the 14th yesterday, they estimate the decline in the price of bitcoin could reach the deepest price of $37k. well, to date, the price of bitcoin has even gone up to a price of $40k. besides, if this bulls continues, there is a potential for bitcoin price to hit $42.5k in the near term, well, let's hope it can push up to $45k.

The price is once again very close to the 40k resistance level but it is failing to breakout away from it and surpassing it, however this should not be surprising at all, after the war at Ukraine began investors were looking for either a fast resolution to the conflict or for peace talks to succeed between the two parties, and we are not seeing either of those two scenarios, so investors all over the world are worried as now the US even threatened China that they will get sanctions imposed on them as well if they support Russia, so the potential scenarios are getting worse instead of getting any better and this is affecting all markets.

I do believe that the strong resistance is a bit more relaxed these days. I would like to actually believe that there is a good chance that we could drop under all the supports very easily. Because of this I believe that resistance of 40k, or anything under is not really as strong as we believe it to be strong. The reality is that we are not really doing all that well against resistance points at all.

This is why I am not really hopeful whenever I see these type of situations arise, and people getting hopeful about them. The good news is resistances are also not that bad neither, supports and resistances are there for show if you ask me, we can go under or above them easily.

The bold part is what we should do in times like this, and that is to take the situation positively instead of thinking bad on how long we're going to wait before the bullrun occur again because its uncertain. The $40k resistance seems hard to break as the price is struggling to move upward consistently. Thus it would be better to refrain from monitoring the market for a while, it can help to not think negatively that we might experience a long bearish market.

It happens to me every week, and also those short term traders take advantage. Therefore, this level could remain for a longer period and not be guaranteed. The resistance may break then Bitcoin will change support levels. We might be in for some sideways movement. There are a lot of bears out there. However, we believe there is a bullish pattern ahead.

Have you shorted or continue to buy?

Or if they didn't sell at the top, it's better to continue to accumulate when the price goes below $40k. Resistance along this price line is very strong, as we're having a difficult time to break it. And if we do break it, the price will not stay that long as short term traders takes advantage and sell to make a quick profit. And with this kind fo scenario, it's better to really just buy bitcoin whenever you can for your retirement or just for your future and for your children's future.

And now returns back to Below 40k ? the price now stands at 39k and seemingly fall down again to 38k later  https://coinmarketcap.com/currencies/bitcoin/

we cannot call this as resistance price because we often fall from 30kish but breaking 40k multiple times, as we almost climb back to 43k yesterday .

so i believe that the resistance is at 50k because last month we took 45k again but of course in shorter time.

I'll tell you guys a secret that can help you make future trading decisions. Think about the best and the worst thing that can happen with the price based on bitcoin's history and compare the risk.
For instance, at this point we are already -45% from the top, how much room to the downside there is and how much to the upside. You can expect Bitcoin to at least touch the ATH once again at the next halving. If it gets rejected it will be the first time in history, but you will have a chance to sell at 2x from this price. If it goes down it's maybe another -30% and that's it.
So you have a chance of earning over 2x from here, possibly even 2,5x if we go to a new ATH in a year. On the downside we can drop to 25k. I like this odds but if you're scared wait a bit and start buying when we hit 35k again.

Every time, the market price of bitcoin will set up at certain resistance. Now the bitcoin price was attained at the resistance of 40k dollars.When the coin in the market, was red. You should buy huge amount of coin with good value.
Waiting for longer for the resistance to over come.When the resistance was braked.We can expected for the new high value of 45k dollars in the bitcoin price.Their was huge fall in the bitcoin price now.

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.

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.

2024 is likely the next halving, if you look at history, the price of Bitcoin has indeed increased after the halving,
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.

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.

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.

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.

Even if you are not directly involved, a good trader will find a way to be on the correct side more often than not, after all in a market that is as big as bitcoin whales have to really try hard to move the market towards their desired direction, and you can see signs of this on different metrics, so if someone is putting attention to those signs then they can get in and out of those movements at the early stages and they will be able to profit from them.

 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.

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.

2021 was already a good moment for a sell off because the prices of the cryptos are rising that time but I wonder why some people aren't happy that time. Do they miss to sell because they are expecting more? well that was already their problem, they became too greedy and now they are forced to wait again because the price haven't recovered yet for a long time but along with waiting they can also apply what you said above.

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.

If you can not read and understand someone properly, better not to quote the person or go back and read what the person post properly. You are turning what I post into misinformation. We have halving in 2012, 2016 and 2020, comparing the highest and the lowest price of bitcoin in each halving, that comparing the highest and the lowest price result to over 5x fall or more in each. Nobody is talking about the block height next halving will occur.

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.

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.

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.

We do keep on breaking that above 40k price constantly, but we also keep on dropping under it as well. I have been in crypto for a long time and I can tell you that anything could happen. However, if you want to know what is the most frequent thing that happens, I can tell you that it has been "drop first, then go up" in cases like these.

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.

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...

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.

What do you think the trend is right now?

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.

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.

Just hang in there mate , in this kind of market there is no best way but to keep holding and let our funds stay for long time from now.

because we might see another dumping in which we will feel guilt? or we will see bullrun and we will see success .

Do not get me wrong, it can be in long time before ATH can be attained, but I am speculating only on short time that in long time, ATH will still be achieved.

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.

We assume the price of bitcoin drops below $40000 as you might expect. That will be a good time to buy but you may buy with 1/4 of your investment capital.
Then we wait for the price movement and if the price continues to fall, we prepare some money to buy again.
But in my opinion, there is a possibility that the resistance at $40000 will move elsewhere and we have to be careful to see it.
At the moment, I think the ups and downs of bitcoin prices provide an opportunity for us to make profits rather than holding them for too long but it goes back to the investment strategy we want.
If you want to make bitcoin a long-term investment, then the ups and downs of bitcoin prices are not a problem.

Downrun ? am not sure that we really have because like what you said there is a possible resistance of 40k this year.
what will our suggestion happen to do ? will people buy if we suggest? common mate this is a desperate belief if you think this will help something.
ATH again? we knew that this only happens to mostly every 4 years .

But this kind of short term price fluctuations often times incorporate by a massive dump since there will be uncertainty on the next move. The current trend is highly relying on the news about war and we know that Russia will not gonna stop unless Ukraine full surrender there territory. I read recent news that Russia keeps bombing even there’s an ongoing peace talk. Ukraine decision for not joining NATO is good for them but this will just result for a temporary stand off since we all know the reason behind why Russia wants to get back Ukraine.

These are uncertain times. I personally consider these uncertain times the best of time to buy Bitcoin. The COVID pandemic is not yet gone. As a result, the economy is still not yet fully recovered. Debts are piling to unprecedented levels. Money printing has been at its fastest. Inflation is now reaching beyond moderate levels. War is happening. And there is the uncertainty that things will stop in Ukraine. Troop buildups are taking place in neighboring countries. There can't be a better time to hide our wealth in Bitcoin.

The market price of Bitcoin have bounced good. The positive news from the war between Ukraine and Russia seems the reason for the sudden recovery of the price. Ukraine have announced that we won't join NATO and announced that they're ready for talks. Once after this incident, the price of bitcoin grew from the range around $38k and crossed $40k. Once again it tested the major resistance area and trades around $42000. Maybe if there happens more positive news we can see regular rise than decline in the market.

Its currently $41k as of this moment and it did really hit  42 as i had seen earlier but it wont really be that an assurance that we would really be staying on this level or this is some sort of testing out this resistance.

It isnt really that assured that we would be reaching 50k soon and this is a very common behavior of  this market which is really that unpredictable.Now, it is really hard to consider whether we do sell out for profits

or wait up further more increase.We dont see any news or sentiments around except that Russia-UK war and the rest cant be seen.

In reality, making money from bitcoin (and most crypto) is incredibly easy on paper, and very difficult for most people when actually doing it. You want the key to get rich? Alright, save 10% of your money and put it on some stablecoin, or better yet directly fiat on some exchange. Then start buying whenever bitcoin goes down, and keep buying as long as it keeps going down, then stop and hold when it is high. Keep doing that with your money for 20 years and you will retire as a wealthy person, not just rich but wealthy.

Because, if you buy bitcoin on each and every bottom, and keep saving money aside like that, it means you will end up with thousands of dollars put into bitcoin at the bottom, and waiting at the peak 20 years later when you want to retire. Now this "sounds" easy, but watch how everyone gets into panic mode whenever bitcoin price drops.

And yet the price did break the $40k resistance today. It is surprising? of course, but it just shows that the so called resistance could be broken if there is some positive news around, same when there is some FUD the price will falter. So no need to sell at this point, much better to just really hold and look for the long term. At least, it will not complicated things on our part, instead of selling today and wait for the price to go down and then buy.

You know there is no accurate analysis about the Bitcoin market, right?
I am just thankful it went back to $40k+ and this might avoid the panic that had been happening whenever it goes down $30k+. IMO, buy rate will rocket up at this point since they are again witnessing a chance for another bull.
If you are having doubts for buying now then do not do so. Just HODL what you have because no one is sure where it will fluctuate again this moment.
Consider the world events if it attracts a bull.

You sure do a lot of thinking for someone asking us all for our "accurate" predictions. I mean, sure, I think of all the things you do, we're here on Bitcointalk so either are actual Bitcoin users (ha), actually hold or trade (but I know how to identify the regulars in Speculation) or we're just shooting the wind.

Here's my entirely gut-based analysis, which hasn't changed much over the past year:
- supercycle is bye-bye. The long rally from point A (2017 ATH) and point B (2021 ATH) was unlike any other ATH range in the past. Longest period, with smallest percentage gain, with the most gentle curve up.
- because of previous point, can't say if we're still in the long rally, or headed down for multi-year "winter". I'm thinking the latter, only because post-pandemic, post-fossilfuelwar pain is yet to come
- pricing in for next halving to start next year, and halving's my bible for ATH onset. So no more intense joy from now til 2025.

(May the markets prove me wrong)

In this current climate with war raging between Russia and Ukraine and sanctions
from pretty much every country globally towards Russia its very hard to make
an analysis on the markets.

This is virgin territory for Bitcoin as was COVID. This is what I'm thinking:

If the Bitcoin market drops below $35k I'll put my current DCA investment capital
into Bitcoin because I'm thinking as inflation continues to increase and the threat
of a global recession is around the corner there should be more demand to secure
and move wealth

Accurate information = certainties isn't it since you are asking for an information that has a high chance to happen. Well, certainties in the market is irrelevant and not applicable because it is only possibilities that can happens. We know that no one knows what will happen.

I remember my 2 friends just last week who bought Bitcoin at its peak. They shared it to me and told the mistake that they've done. Now they are a lose since thy bought at the peak. I just suggested to buy Bitcoin when the price is near or below $40,000 at least the risk is lesser and the reward is higher. Bitcoin will rise again and reach new ATH. Its only a matter of time when it will happen.

Just right now, Bitcoin is at the $42,000 price because of the leaked statement coming from Biden with regards to crypto but I doubt that it will sustain it because this might be a false breakout and we will go below $40,000 again in the next few days.

I understand your strategy, it is a good one, buying at $40000, but not with all investment capital, it can be ¹/₄ of your investment capital, to be able to prepare if the market dip more below and buy more at certain price. But what I am just thinking is that bitcoin will fall below $40000, the price has started increasing since 10 hours ago as now at $42100 and still increasing, but I still think the resistance at $40000 is strong as it is also more likely the price will fall below $40000 again. You have a good investment advice.

Maybe history has repeated itself this year but what is different is that the price of bitcoin keeps going up and down repeatedly and still providing benefits for us.
If the bitcoin price can drop below $40,000, it's time to buy bitcoin but not buy ALL-IN because it's too risky.
I don't have accurate information because we can't predict where bitcoin will move.
We can only get ready to set a buy or sell target based on our analysis.
Right now is probably a good time to sell some of the bitcoins we have and if you can sell your bitcoin at a high price, you can place a buy for under $40,000.

Well, waiting never fails you imo, if you're in no rush to take profit in then yea, just wait. I'm of the opinion that we'd see steady movements for the next few months, ups and downs there but it wouldn't deviate much from where we are right now. Shorts might profit off of that, but hodlers wouldn't really get anything out of it. Still stand by my current strategy of going for DCA though, hasn't failed me yet and I don't think it ever will.

Accurate doesn't mesh well with speculation imo.

We've seen the downturn already, the lowest low so far is $33k this January if my memory serves me right. So imagine we have a of time, so there is a big possibility that the price could go down still below $40k.


Hard to say, for average joe like the majority of us, maybe some of them are buying when the price hits below $40k. Or maybe they are waiting for the price to go down a bit, like the $35k that we witnessed a couple of days ago. So for now, I think the good buying price is $35k and below. But for whales, it might be a different story, I mean they have deep pockets so everything the price goes down, tendency is for them to buy and accumulate more BTC.

There are all the kinds of predictions around, you just have to pick one of them.
We are living a very unstable scenario of an eternal economical crisis that never ends, followed by a global pandemic, followed by a war which we don't know yet where it will drive us. Nobody can give accurate answers, even the authorities are unable to do so. If you trust bitcoin's potential and see it can be an useful tool to protect your money against devaluation on long run, go for it.

But if you are fearful of crypto and don't see a bull run happening on the following year, you may put your money somewhere else, like buying gold, a piece of land or a house/apartment, if you have enough money.

You've already said it, you believed on Bitcoin that there could be an ATH so it means Bitcoin will increase by your belief.
There's no one exactly give you an accurate answer to this because we know Bitcoin is unpredictable and as I suggest invest only of what you can afford and can willing to wait until your profit was there.

There's a lot of technical analysis that we heard but all of them are predicting the market.  Considering that no one of them accurately can guess what will happen in the future.  Just take my advice above if you believe in Bitcoin.

They said war would help Bitcoin to pump yet I only saw a temporary pump last week and it dip faster than I thought. I think we are in a bear market already if it's hard to break the $40k or $45k resistance then most likely we are going in a bear market soon. But for TA it doesn't show a bear sign yet but a normal movement of the market as traders making their own profit.

To OP, there is no accurate prediction in this very volatile market, you only make an educated guess based on TA or FA.

There is really no assurance where the bitcoin market will go while there is still war and what is coming yet. There might just be a bigger event coming. While you want to make money from speculating the market, you could also make a big mistake when you put all your funds into investing. The price could still go down the road as war prolongs.

If this war escalates, into a bigger situation we all could be suffering from products that don't reach out in our country which you may need more paper money than investing it. The resistance I see is $45k.

If there is one thing that is scarce when the market is moving the way it is moving is accurate information, at this point everyone is speculating about what the market will do and what we should do ourselves based on those predictions, personally I do not believe the price will go through a sustained decrease, we may see a correction or two but the market will react quickly and recover, however a bull run is out of the question as well, so I expect the market to move like this for weeks if not months.

For the technical side, I can say that $40,000 is the resistance now and $30,000 is the support. So, it's up to you how you trade or buy, are you buying dips or breakouts? This is very difficult, but I highly suggest you to try to analyze to like basic chart analysis or some fundamentals or basing on the price history of Bitcoin, it will help you to decide.

This is just a prediction and there’s no accurate details for this one even if you analyze the market, that can’t still any guarantee to you. Bitcoin is trying to stay above the support level and now aiming to break the resistance.

If $40k can be break, we can expect for another bullish trend. Breaking Resistance level is always a good sign of bull trend. Bitcoin will do its break to make this happen, but of course we need new money to come into this market and invest again with Bitcoin.

We can't say if it's bulls or bears are dominant this time, a trap is most likely just on the other side of the story. No one can predict a very volatile market as it's hard tbh, I can say that DCA is the best thing to do for the most part of where we are right now, that's literally what I am in.

Not really sure what kind of "accurate" prediction you are asking because there are none, everyone is just making wild educated guess.

So I guess short term goal is to break that $40k resistance and maintain it.

Long term, at least get to $50k, but I doubt that we will reach new all time high for this year as obviously, we are going into a huge retracement or as others may have to put it, we are in a bear market.

When dealing with this market then there's no assurance about accurate information because no one do able to predict on what would happen ahead thats why it is really hard to make out predictions because no matter

how good your analysis would be but still  this market could really fucked you up thats why on every move that you would make would be having corresponding risk and it would be really no assurance.
So when you do make a move like buying back on cheaper price wouldnt assure that you do make out a good decision.

I am thinking history is repeating itself, bitcoin reach ATH of $69000, as of that time till now, bitcoin price has been with net decrease. Bitcoin price reach $50000 and later falled below $40000. $40000 is now the present resistance as the price increased above $40000 and decrease below again. What I am thinking right now is that bitcoin market will not favor the buy side and we do not yet know the extent the downturn can be.

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 because this time will be more of the bears than bulls while the bulls are turning to bears making the market not to favor the upside.

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.