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Topic: Bitcoin @ $50k (Read 902 times)

hero member
Activity: 2884
Merit: 620
September 08, 2021, 04:45:32 PM
Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.
That's okay.

It won't usually go with what we're expecting because there has to be some balance such as dips and corrections before it eventually goes to $100k.

The decrease or correction isn't negative at all, well for those who have bought on $50k lines, it is negative for them. But overall, this is still positive.
Yes, I believe your point of view of the general market takes example those that bought bitcoin at the 52k rate on Monday before the sudden drop in price on Tuesday the decision at the moment is negative but if they continue to hold in the long round, the decision will become positive when bitcoin goes beyond 70k to 100k.
That's the goal that many are waiting for.

If you are patient enough to wait for that price then you have to do nothing but wait and hold. And while you're waiting too, if you have some spare money to invest, do not hesitate to accumulate.

This is also another time to accumulate so do that while it's not yet reaching $100k.
member
Activity: 504
Merit: 57
September 08, 2021, 02:47:30 AM
Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.
That's okay.

It won't usually go with what we're expecting because there has to be some balance such as dips and corrections before it eventually goes to $100k.

The decrease or correction isn't negative at all, well for those who have bought on $50k lines, it is negative for them. But overall, this is still positive.
Yes, I believe your point of view of the general market takes example those that bought bitcoin at the 52k rate on Monday before the sudden drop in price on Tuesday the decision at the moment is negative but if they continue to hold in the long round, the decision will become positive when bitcoin goes beyond 70k to 100k.
hero member
Activity: 2884
Merit: 620
September 07, 2021, 06:49:44 PM
Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.
That's okay.

It won't usually go with what we're expecting because there has to be some balance such as dips and corrections before it eventually goes to $100k.

The decrease or correction isn't negative at all, well for those who have bought on $50k lines, it is negative for them. But overall, this is still positive.
hero member
Activity: 2912
Merit: 674
September 07, 2021, 04:09:53 PM
Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.
It dumped to as low as $43k according to the news.
https://cointelegraph.com/news/bitcoin-price-plunges-below-43k-in-minutes-in-crypto-market-rout

Again it was a market manipulation and the whales were being blamed for what happened.
I have no doubt about the manipulation as even from the very start, they are already here and what happened today happened in the past and could still happen in the future.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
September 07, 2021, 02:42:42 PM
Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.
sr. member
Activity: 789
Merit: 243
September 04, 2021, 08:36:33 AM
So far $50k is a tough resistance for bitcoin to break. there have been several attempts to break the resistance line but bitcoin failed. it is precisely now that the price of bitcoin is stuck in the $45k - $48k price range for quite a long time. if bitcoin manages to break through that resistance line I believe it is the first step to break $64k and reach $100k.
Your prediction is wrong if you say $50k bitcoin price resistance is hard to break. try to look back at the market that the bitcoin price has reached $50k and the price movement continues to increase because the current moment is the bitcoin price is bullish.
member
Activity: 742
Merit: 12
Global peace initiative
September 04, 2021, 05:27:53 AM
I think bitcoin is going to above $60k before the end of the coming week because the bitcoin market has exhibited a strong sign of a bull market in the late Friday market, this year 2021 is going to be a remarkable year to bitcoin and the entire crypto will see a significant increase in the level of adoption and price increase.
hero member
Activity: 2464
Merit: 585
September 03, 2021, 03:08:24 PM
It is amazing how quickly we got to 50k once again, just yesterday or the day before people were still saying that bitcoin may not be doing something great and in reality we did something amazing. I do not get why people are acting as if bitcoin will not be going up again so quickly. Look at how quickly we got to 50k and realize that bitcoin is not something that stays low for too long.

Most of these people are from 2017 peak times, they didn't live the previous years and because of that they believe when it drops then it drops and nothing will save it because that is how it was during 2018 and they believed that this was 2017 to 2018 peak to bottom once again which we didn't live at all. I personally love the fact that we are doing fine, and I believe ATH will be broken sometime soon as well, before this year ends I believe it will break ATH again.
It is normal for us to see bitcoin at above 50k again so quickly because the fall wasn't a crash, it didn't fall to a very low level ,it went down to a level that is fine but not too low of a level, it was around 47k at the worst part. This means that it was a correction and whenever price goes up too much there will always be a correction and that's why I am feeling fine about it.

Obviously it is not going to be impossible for us to reach to those levels again, we could be 47k tomorrow if there is a correction again, but I believe that after going up so much, we just needed a correction which happened and now we are doing fine once again, there is a good chance we could go to 52k+ price very soon. Bitcoin is not something that has hard time going up when it wants to, it can do that very easily, and right now we are in that easy spot right now.
hero member
Activity: 2828
Merit: 639
https://duelbits.com/
September 03, 2021, 01:58:59 PM
I've been thinking the same thing that bitcoin has now surpassed $50k at the start of the month, I believe it's a very good ride seeing such high prospects and it's true with a lot of speculation about at the end of this year that bitcoin is much more valuable than ATH it will be achieve it.
Seeing the news Twitter has also supported bitcoin investors will be more confident in what they hold so far so stick with what they hold because this is an interesting show after a lot of good news so far.
The target in September is $60k and the next month is ATH must be penetrated.
I'm optimistic about that.
Yes, it means that we have a lot of room to reach $60k this month as we have surpassed $50k and it seems that third time is a charm. I'm seeing it will hold for this week and then another slow and grind weekend. Nevertheless, a good indication that the bullish sentiment still continues and the next big target is $60k at the end of the month. Everything looks set for a $100k in 2021.
It looks like the end of the year is going to be a great holiday seeing the bitcoin price hit 100k is that going to happen? still under speculation.

The challenge has been passed a lot with a break of $50k nowadays people always think after a big correction half of ATH will be worse looking at previous history but this time it is different, maybe a little big influence from institutional who are more familiar with bitcoin so this can trigger a pump It's huge, and I can't help but wonder if it's really going to be 100k by the end of the year.
hero member
Activity: 2884
Merit: 620
September 03, 2021, 01:06:50 PM
I already believe that Bitcoin touches 50k$ it is now at 49k$ but I am sure that it will going back on 50k$ above price soon.
It's already there.

Bitcoin has touched back $50k and it's with added $500.

I feel more bullish this time after Bitcoin back to 50k$ after it touches 29k$ before, maybe we will be having a new ATH soon my prediction is 70k$ to 100k$  before the year end.
This is what people don't happen to see, they only look at how much it can increase more but didn't see the development of it that it just came from the lowest for this cycle up and back to $50k.
hero member
Activity: 1260
Merit: 515
September 03, 2021, 11:32:10 AM
I've been thinking the same thing that bitcoin has now surpassed $50k at the start of the month, I believe it's a very good ride seeing such high prospects and it's true with a lot of speculation about at the end of this year that bitcoin is much more valuable than ATH it will be achieve it.
Seeing the news Twitter has also supported bitcoin investors will be more confident in what they hold so far so stick with what they hold because this is an interesting show after a lot of good news so far.
The target in September is $60k and the next month is ATH must be penetrated.
I'm optimistic about that.

Yes, it means that we have a lot of room to reach $60k this month as we have surpassed $50k and it seems that third time is a charm. I'm seeing it will hold for this week and then another slow and grind weekend. Nevertheless, a good indication that the bullish sentiment still continues and the next big target is $60k at the end of the month. Everything looks set for a $100k in 2021.
hero member
Activity: 1316
Merit: 502
September 03, 2021, 11:20:15 AM
I already believe that Bitcoin touches 50k$ it is now at 49k$ but I am sure that it will going back on 50k$ above price soon. I feel more bullish this time after Bitcoin back to 50k$ after it touches 29k$ before, maybe we will be having a new ATH soon my prediction is 70k$ to 100k$  before the year end.
You can celebrate when your dawn has come, after struggling and trying to persevere with the volume of sellers, the price of bitcoin broke the ropes that were binding and climbed to the challenge of price zones once again, it is now more than 50k$ and the next number that many people guess will be 100k$ by the end of the year, coincidentally today I also heard about an American state passing laws on accepting bitcoin. Such a signal makes us more likely to expect what we are holding, new ATHs this year
legendary
Activity: 2338
Merit: 1041
Smart is not enough, there must be skills
September 03, 2021, 10:41:05 AM
I've been thinking the same thing that bitcoin has now surpassed $50k at the start of the month, I believe it's a very good ride seeing such high prospects and it's true with a lot of speculation about at the end of this year that bitcoin is much more valuable than ATH it will be achieve it.
Seeing the news Twitter has also supported bitcoin investors will be more confident in what they hold so far so stick with what they hold because this is an interesting show after a lot of good news so far.
The target in September is $60k and the next month is ATH must be penetrated.
I'm optimistic about that.
MiF
sr. member
Activity: 1316
Merit: 258
September 03, 2021, 05:17:46 AM
I already believe that Bitcoin touches 50k$ it is now at 49k$ but I am sure that it will going back on 50k$ above price soon. I feel more bullish this time after Bitcoin back to 50k$ after it touches 29k$ before, maybe we will be having a new ATH soon my prediction is 70k$ to 100k$  before the year end.
legendary
Activity: 2520
Merit: 1073
September 02, 2021, 02:54:34 PM
So far $50k is a tough resistance for bitcoin to break. there have been several attempts to break the resistance line but bitcoin failed. it is precisely now that the price of bitcoin is stuck in the $45k - $48k price range for quite a long time. if bitcoin manages to break through that resistance line I believe it is the first step to break $64k and reach $100k.
Currently, the bitcoin price is $50000, It breaks the previous resistance and the current resistance is $51,0000. If Bitcoin can break this level, We may easily get $54,000 or more. Bitcoin was trading $44k-$48 for a few weeks and finally, it's broke previous resistance. So it's good for Bitcoin, I hope from here Bitcoin will make a good pump. My target is now $54,000. My long is open from $47000, Hope Bitcoin will be made my week.
It is amazing how quickly we got to 50k once again, just yesterday or the day before people were still saying that bitcoin may not be doing something great and in reality we did something amazing. I do not get why people are acting as if bitcoin will not be going up again so quickly. Look at how quickly we got to 50k and realize that bitcoin is not something that stays low for too long.

Most of these people are from 2017 peak times, they didn't live the previous years and because of that they believe when it drops then it drops and nothing will save it because that is how it was during 2018 and they believed that this was 2017 to 2018 peak to bottom once again which we didn't live at all. I personally love the fact that we are doing fine, and I believe ATH will be broken sometime soon as well, before this year ends I believe it will break ATH again.
full member
Activity: 1130
Merit: 107
#SWGT PRE-SALE IS LIVE
September 02, 2021, 07:12:48 AM
Bitcoin started this weekend market on a very good note hasn’t broken the 48k price benchmark which has held Bitcoin down for over a week before finally crushing the 48k price resistance level arriving at $48,500 on Friday evening, Bitcoin will inevitably end this week with a market price of $50k.

What is your analysis of this prediction?
Bitcoin price hit the US$50,000 level again as the crypto asset market started to recover from a massive correction three months ago. The recent price rally did not show any significant jumps. However, if more buyers jump in to push the price above the $50,000 level, it could be that Bitcoin is heading towards its mid-term target of $55,000.
member
Activity: 530
Merit: 10
September 01, 2021, 11:42:28 AM
So far $50k is a tough resistance for bitcoin to break. there have been several attempts to break the resistance line but bitcoin failed. it is precisely now that the price of bitcoin is stuck in the $45k - $48k price range for quite a long time. if bitcoin manages to break through that resistance line I believe it is the first step to break $64k and reach $100k.
legendary
Activity: 2758
Merit: 3408
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September 01, 2021, 07:02:55 AM
I personally know that I will be rich in the future, it may take a decade, it may take a few decades but I know that I will be rich only if I can manage to keep my crypto currencies, and if I can add more that would be great too, if something happens to me and I need to sell them then I may not become rich.

That's a nice thought to hold on to. I still worry a lot about the future, but the past few years have thankfully been extremely dull career-wise, but also the most stable period in my life, so have been able to start saving, and building up some Bitcoin. It's nowhere near what I'd ever call being comfortable but I do hope it takes care of those I care about at some point. That's what keeps me up at night, really, as I'm always lucky and can take care of myself.

Meanwhile, we are at mid-week, and the dip has not happened yet. One more crack at 50k before the weekend?
hero member
Activity: 986
Merit: 516
September 01, 2021, 04:44:50 AM
Bitcoin price already achieved $50k level and now it is time to get closer to reaching a new ATH. The first target is breaking the $50k resistance level again. Then, it should be able to go on until reaching $55k. After that, I'm expecting a correction in the price a little but it won't go under $50k again this time. And finally, the target will be going over $60k and breaking a new record.

The big resistance is $51,000. If Bitcoin can break this price we can easily see Bitcoin at $55k or $56k range. Most of the traders still selling Bitcoin at the $50k-$51k price range. Unser this level Bitcoin is bearish and above the price Bitcoin is bullish. Bitcoin tried many times to break this level but was not yet broken. If a 4houres candle closes above $48k then Bitcoin is bullish. Now waiting for breakout or breakdown.
hero member
Activity: 2492
Merit: 586
August 31, 2021, 04:53:29 PM
I've never believed in anything for Bitcoin or crypto in general! I have some mild opinions from month to month, and then it changes quite frequently throughout the year but since I'm not invested in those opinions, as a long-term holder, I really don't have anything to lose or gain, other than entertainment;)

But the weekend-midweek cycle referenced is the one going on for the past 4/5 weeks is all. Like all patterns, only observable retrospectively.
I fully agree! We are same minded when it comes down to this, there are even 3-4 year cycles that people talk about and I do not believe that, I just believe in what I am doing which is long term holding and that will be profitable, there is no way that it will not be profitable and that's all I care about. As long as we could talk about the profits we could make in the long run then there is no point on believing all these cycles and patters and stuff like that because none of that will matter at all, only thing that will matter will be the amount of money that we could make based on long term trajectory.

I personally know that I will be rich in the future, it may take a decade, it may take a few decades but I know that I will be rich only if I can manage to keep my crypto currencies, and if I can add more that would be great too, if something happens to me and I need to sell them then I may not become rich.
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