Bitcoin @ $50k - page 2. | Bitcointalksearch.org

buwaytress

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Quote from: SirLancelot on August 30, 2021, 03:39:08 PM

Honestly I do not believe the whole "weekends are weak, midweek is strong" type of belief, yes there are moments like that it is for sure but it is not a guaranteed thing, if it was so obvious then I would buy every friday/saturday/sunday and then would sell on tuesday/wednesday/thursday and make a lot of money, it would be incredibly simple, just profit every week insanely, just grow your balance and do bigger and bigger moves and eventually become a millionaire, hell even get loans to do that since it is so certain.

But it is not, we all know it is not, it happens time to time but not at all times, this time I believe even weekend will be great, and midweek next week will be great too, I am seeing a great bull run coming for bitcoin and that is the great thing about bitcoin, when the bulls are on the rise then it is really easy to move it higher.

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.

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Quote from: buwaytress on August 28, 2021, 03:41:50 AM

I was wondering if the Friday leading to weekend trend would be repeating itself as it seemed somewhat uncertain for most of the day yesterday but it does look like it's firming up already for the 5th, maybe 6th week consecutively (who's counting, right, ha ha). Best of all, Saturday hasn't even started yet for N America.

Ghost month not so bad after all, have to say. Would still like to keep some distance above 200 MA though.

Honestly I do not believe the whole "weekends are weak, midweek is strong" type of belief, yes there are moments like that it is for sure but it is not a guaranteed thing, if it was so obvious then I would buy every friday/saturday/sunday and then would sell on tuesday/wednesday/thursday and make a lot of money, it would be incredibly simple, just profit every week insanely, just grow your balance and do bigger and bigger moves and eventually become a millionaire, hell even get loans to do that since it is so certain.

But it is not, we all know it is not, it happens time to time but not at all times, this time I believe even weekend will be great, and midweek next week will be great too, I am seeing a great bull run coming for bitcoin and that is the great thing about bitcoin, when the bulls are on the rise then it is really easy to move it higher.

barbara44

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Quote from: philipma1957 on August 27, 2021, 07:03:25 AM

Quote from: cryptomaniac_xxx on August 27, 2021, 06:53:41 AM

In my opinion though, there is no safe mode as per my experience, during the bull run of 2017, I said that the price won't go below $10k, but it did.

Although it looks very stable, the FUD gang might be just silently creating another news that might impact the market. I wanted to see the price tops $50k again and have a good momentum to much on the upside.

Too dark bro.

Lol, it is too dark. I do not think that the same thing will happen this time around, first of all it was 20k that dropped to under 10k and that was 50%+ drop, we already had that right now with the 28k because it was 64k and that is 50% drop, secondly during that period we had BCH fighting BSV and Craig wright was responsible for dropping bitcoin from 7k to under 4k and that was one of the main reasons why that happened. None of that exists anymore, we had our drop, we had our recovery, we have no fight going on, it is just pure blissful great bitcoin from now out and I believe it will continue to go up.

I understand some people could be scared of the falls, we had a drop from 64k to 28k so even when it drops from 50k to 48k people get scared that same thing could happen, we could drop under 30k this time around, but just because it happened, doesn't mean that each fall will result with the same.

rodskee

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Quote from: Boov on August 29, 2021, 04:29:12 PM

Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

This week has been so challenging for bitcoin, by now predictions was too hard to foretell since market was very tough. You can see times it goes up and down, so basically traders with weak hearts tends to panic even though little fluctuations. Currently we're at $48k per btc, if it won't rise until the last day of August I am looking forward starting September $50k will begun initiate a commendable value.

also challenging for us investors , because the price is not going anywhere from 46-50k range , so the traders is making harder to make money and holders are also having hard time to decide when to sell or buy.
but this proves one thing , that bitcoin support is still strong and worth invsting till now.
looking for at least 60,000 before end of 2021 .

Wawa2013

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Quote from: Boov on August 29, 2021, 04:29:12 PM

Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

This week has been so challenging for bitcoin, by now predictions was too hard to foretell since market was very tough. You can see times it goes up and down, so basically traders with weak hearts tends to panic even though little fluctuations. Currently we're at $48k per btc, if it won't rise until the last day of August I am looking forward starting September $50k will begun initiate a commendable value.

It is very difficult to reach the price of $50k, it has decreased several times. But now Bitcoin has gone up to $49k, meaning that only a little more
the price of $50k can be reached. Hopefully in the next few days Bitcoin manages to rise to the price of $50k. Especially now that there is
no FUD circulating, the $50k target should be achieved this week. If the Bitcoin crosses the $50k price, this will make it easier for Bitcoin to reach
a price of $60k.

Boov

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

This week has been so challenging for bitcoin, by now predictions was too hard to foretell since market was very tough. You can see times it goes up and down, so basically traders with weak hearts tends to panic even though little fluctuations. Currently we're at $48k per btc, if it won't rise until the last day of August I am looking forward starting September $50k will begun initiate a commendable value.

kayiboyu

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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.

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

Judging from the technical analysis, bitcoin has the potential to touch the level of US $ 50,000 again, after bitcoin managed to break through the price resistance of $ 48,000 or the highest level in the last three months. I predict bitcoin will hit an all-time high of $65,000 again.

SirLancelot

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I get that there was a big fall on crypto price, but that doesn't mean that the fall will continue to happen neither, it just means that it fell and that's it, there is no indication of this fall having an impact on the future price neither. We had falls that followed by more falls, we had falls followed by bigger increases alter, we do not know which one this will be.

Remember just recently we went from 48k to 44k and everyone started to believe that the price of bitcoin will be 30k again, no idea why people believed that but they did and there were topics about it. Now look at how it is, it even peaked over 50k very recently. This is why this could be the same thing, from 50k to 47k and then to 55k is not impossible and we should not be worrying about it. I am not saying that will be the case, all I am saying is that it is not impossible for it to happen.

buwaytress

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Quote from: cryptomaniac_xxx on August 29, 2021, 05:20:55 AM

Quote from: buwaytress on August 28, 2021, 03:41:50 AM

Ghost month not so bad after all, have to say. Would still like to keep some distance above 200 MA though.

Seems to slow down a bit during weekend, volume is very thin as well, but who knows, the market is very unpredictable. As far as I remember the first touch to $50k happen on a Saturday. So maybe this two day weekend will surprise as well.

As the way I understand this ghost month, from first week of Aug to first week of Sept. But looking back, it's not that bad after all as the price was on a the uptrend during that weeks.

Yeah, that's been the only downside to the weekly higher highs: volumes have not exactly been encouraging. Asian markets also finished now, so we only see them back at Monday. Running out of time for the expected 50k test today, otherwise the 4/5 week rising pattern will be all but invalidated -- but that's what the ghost month's supposed to be all about. Just over a quarter of a year left and September. Tick tock?

cryptomaniac_xxx

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Quote from: buwaytress on August 28, 2021, 03:41:50 AM

Quote from: ?? on ??

This is just a pullback that soon will recover, this has been the trend and since we are not able to sustain the level of $50k, this is more likely expected to happen. We’re still on a good trend on a good indicators, if time allows we might go for the last quarter on a good price and beside, ghost month is about to end and I expect September will be a great month again for cryptocurrency.

I was wondering if the Friday leading to weekend trend would be repeating itself as it seemed somewhat uncertain for most of the day yesterday but it does look like it's firming up already for the 5th, maybe 6th week consecutively (who's counting, right, ha ha). Best of all, Saturday hasn't even started yet for N America.

Ghost month not so bad after all, have to say. Would still like to keep some distance above 200 MA though.

Seems to slow down a bit during weekend, volume is very thin as well, but who knows, the market is very unpredictable. As far as I remember the first touch to $50k happen on a Saturday. So maybe this two day weekend will surprise as well.

As the way I understand this ghost month, from first week of Aug to first week of Sept. But looking back, it's not that bad after all as the price was on a the uptrend during that weeks.

buwaytress

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Quote from: ?? on ??

This is just a pullback that soon will recover, this has been the trend and since we are not able to sustain the level of $50k, this is more likely expected to happen. We’re still on a good trend on a good indicators, if time allows we might go for the last quarter on a good price and beside, ghost month is about to end and I expect September will be a great month again for cryptocurrency.

I was wondering if the Friday leading to weekend trend would be repeating itself as it seemed somewhat uncertain for most of the day yesterday but it does look like it's firming up already for the 5th, maybe 6th week consecutively (who's counting, right, ha ha). Best of all, Saturday hasn't even started yet for N America.

Ghost month not so bad after all, have to say. Would still like to keep some distance above 200 MA though.

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Quote from: STT on August 26, 2021, 06:56:50 PM

We've past 200 day average but it has a gravity to it, we have to at least confirm price action as remaining above on daily and weekly bars. Thats part of why we pull back now though it appears as weakness right now its also nessecery to gain higher prices later over longer time frames.

This is just a pullback that soon will recover, this has been the trend and since we are not able to sustain the level of $50k, this is more likely expected to happen. We’re still on a good trend on a good indicators, if time allows we might go for the last quarter on a good price and beside, ghost month is about to end and I expect September will be a great month again for cryptocurrency.

Pull back is over, the price has recovered in the last 24 hours with a 3%++ jump as bitcoin future expiration settlement is completed yesterday.

So yes, we are in a good trend again and the bull run has resumes, so I will not be surprised to see the price jumping to $50,000 again in no time. And then entering the last quarter will a full bullish sentiments and then taproot in November. Everything looks bright.

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Quote from: Oceat on August 26, 2021, 01:31:57 PM

How did you know that there's still a possibility for Bitcoin to pump after I saw the charts from $50k down to $47k within two days? It's more likely a trap for me if you ask, just like what the other's said. I don't see any signs of stability on that market, everything is moving up and down. It's just like traders like to dump after reaching $50k and has no plan to hodl anymore.

And to be honest, I'm hoping that it would continue to pump after reaching $50k but it seems that the hype is almost over after it went down.

still relatively stable if the price of bitcoin drops from $50k to $47k. I say so because it is a session of altcoins to pump. It's only natural that the price of bitcoin goes down. look at the movement of each coin, not only the movement of bitcoin, but also the impact of the decline in the price of bitcoin. I still believe we will still profit if we buy bitcoin at $50k. but we must also be able to take advantage of the opportunities and the up and down of all coins. because it won't take long.

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Quote from: cryptomaniac_xxx on August 27, 2021, 06:53:41 AM

Quote from: BIN-BIN on August 27, 2021, 06:19:01 AM

Bitcoin at this point is at a safe mode in the sense that the price is close to the 50k area even when it has already achieved the 50k price last week before falling back to below that price this week but in all Bitcoin has been stable in price throughout this week.

In my opinion though, there is no safe mode as per my experience, during the bull run of 2017, I said that the price won't go below $10k, but it did.

Although it looks very stable, the FUD gang might be just silently creating another news that might impact the market. I wanted to see the price tops $50k again and have a good momentum to much on the upside.

Too dark bro.

cryptomaniac_xxx

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Quote from: BIN-BIN on August 27, 2021, 06:19:01 AM

Bitcoin at this point is at a safe mode in the sense that the price is close to the 50k area even when it has already achieved the 50k price last week before falling back to below that price this week but in all Bitcoin has been stable in price throughout this week.

In my opinion though, there is no safe mode as per my experience, during the bull run of 2017, I said that the price won't go below $10k, but it did.

Although it looks very stable, the FUD gang might be just silently creating another news that might impact the market. I wanted to see the price tops $50k again and have a good momentum to much on the upside.

BIN-BIN

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Bitcoin at this point is at a safe mode in the sense that the price is close to the 50k area even when it has already achieved the 50k price last week before falling back to below that price this week but in all Bitcoin has been stable in price throughout this week.

STT

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We've past 200 day average but it has a gravity to it, we have to at least confirm price action as remaining above on daily and weekly bars. Thats part of why we pull back now though it appears as weakness right now its also nessecery to gain higher prices later over longer time frames.

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Quote from: anggoro manise on August 26, 2021, 08:44:21 AM

Quote from: Japinat on August 26, 2021, 04:29:04 AM

It looks like a trap, bitcoin is down now and only trading at almost $47k. I am not sure if it will still bounce back soon but it could be a sign that the bullish movement we saw could possibly be a trap only. We are used to seeing a green market in the past few days but we are seeing some red market, do we still hold or convert it to a stable coin temporarily?

It looks like there is still a possibility to go up again if you look at the movement of bitcoin, and also support from rising altcoin prices. it shows that bitcoin is still stable and may be going up again. but there are many possibilities that can happen, many people predict the price will continue to rise.

How did you know that there's still a possibility for Bitcoin to pump after I saw the charts from $50k down to $47k within two days? It's more likely a trap for me if you ask, just like what the other's said. I don't see any signs of stability on that market, everything is moving up and down. It's just like traders like to dump after reaching $50k and has no plan to hodl anymore.

And to be honest, I'm hoping that it would continue to pump after reaching $50k but it seems that the hype is almost over after it went down.

anggoro manise

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Quote from: Japinat on August 26, 2021, 04:29:04 AM

It looks like a trap, bitcoin is down now and only trading at almost $47k. I am not sure if it will still bounce back soon but it could be a sign that the bullish movement we saw could possibly be a trap only. We are used to seeing a green market in the past few days but we are seeing some red market, do we still hold or convert it to a stable coin temporarily?

It looks like there is still a possibility to go up again if you look at the movement of bitcoin, and also support from rising altcoin prices. it shows that bitcoin is still stable and may be going up again. but there are many possibilities that can happen, many people predict the price will continue to rise.

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